XML 25 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investment in Operating Leases, Net
9 Months Ended
Sep. 30, 2016
Leases, Operating [Abstract]  
Operating Leases of Lessor Disclosure [Text Block]
Investment in Operating Leases, Net
Investments in operating leases were as follows.
($ in millions)
 
September 30, 2016
 
December 31, 2015
Vehicles
 
$
16,086

 
$
20,211

Accumulated depreciation
 
(3,397
)
 
(3,940
)
Investment in operating leases, net
 
$
12,689

 
$
16,271


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)
2016
 
2015
 
2016
 
2015
Depreciation expense on operating lease assets (excluding remarketing gains)
$
470

 
$
633

 
$
1,555

 
$
1,995

Remarketing gains
(62
)
 
(105
)
 
(203
)
 
(282
)
Net depreciation expense on operating lease assets
$
408

 
$
528

 
$
1,352

 
$
1,713