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SUMMARIZED FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Associated Companies Summarized Financial Information
For the years ended December 312023(a)2022(b)
Revenues$7,511 $6,627 
Net income (loss)2,539 (1,128)
Net income (loss) attributable to the entity2,525 (1,132)
(a) We reported summarized financial information ending September 30, 2023 instead of September 14, 2023 (date investment reduced below 20%).
(b) We reported summarized financial information starting October 1, 2021 instead of November 1, 2021 (the acquisition date).

As of December 312023(a)2022(b)
Flight equipment held for operating leases, net$— $54,611 
Other— 15,200 
Total assets$— $69,811 
$— 
Debt$— $47,350 
Other— 6,817 
Total liabilities$— $54,167 
Noncontrolling interests$— $77 
(a) As of September 14, 2023 (date investment reduced below 20%). As a result, we no longer have significant influence.
(b) Financial information is from September 30, 2022.
Summarized financial information of these equity method investments, exclusive of AerCap, is as follows.

For the years ended December 31
2023
2022
2021
Revenues$43,463 $33,891 $27,210 
Gross Profit2,791 2,579 2,060 
Net income (loss)2,847 2,068 2,020 
Net income (loss) attributable to the entity2,802 2,035 2,000 

As of December 31
2023
2022
Current assets$29,167 $26,659 
Total assets$68,313 $61,105 
Current liabilities$23,484 $21,918 
Total liabilities$33,573 $31,947 
Noncontrolling interests$552 $399 
Schedule of Equity Method Investments
Equity method investment balance (Note 9)Equity method income (loss)
December 3120232022202320222021
Aerospace$1,958 $1,931 $295 $149 $58 
Renewable Energy808 752 74 32 39 
Power1,029 960 78 89 23 
Corporate(a)4,136 3,991 (34)103 68 
Total consolidated$7,931 $7,633 $413 $373 $188 
(a) Equity method investments within Corporate include investments held by EFS of $1,718 million and $1,975 million and held by our run-off insurance operations of $2,383 million and $1,980 million as of December 31, 2023 and 2022, respectively.