Investment In Operating Leases, Net

9 Months Ended

Sep. 30, 2012

Operating Leases of Lessor Disclosure [Text Block]

Investment in Operating Leases, Net

Investments in operating leases were as follows.



($ in millions)	September 30, 2012			December 31, 2011
Vehicles and other equipment	$	14,969		$	11,160
Accumulated depreciation	(2,261		)	(1,885		)
Investment in operating leases, net	$	12,708		$	9,275

Depreciation expense on operating lease assets includes remarketing gains and losses recognized on the sale of operating lease assets. The following summarizes the components of depreciation expense on operating lease assets.



	Three months ended September 30,						Nine months ended September 30,
($ in millions)	2012			2011			2012			2011
Depreciation expense on operating lease assets (excluding remarketing gains)	$	405		$	352		$	1,124		$	1,083
Remarketing gains	(47		)	(76		)	(155		)	(361		)
Depreciation expense on operating lease assets	$	358		$	276		$	969		$	722

- Definition

The entire disclosure for operating leases of a lessor. This may inlcude a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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