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Investment in Operating Leases, Net
9 Months Ended
Sep. 30, 2018
Leases, Operating [Abstract]  
Lessor, Operating Leases
Investment in Operating Leases, Net
Investments in operating leases were as follows.
($ in millions)
 
September 30, 2018
 
December 31, 2017
Vehicles
 
$
10,174

 
$
10,556

Accumulated depreciation
 
(1,596
)
 
(1,815
)
Investment in operating leases, net
 
$
8,578

 
$
8,741


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)
 
2018
 
2017
 
2018
 
2017
Depreciation expense on operating lease assets (excluding remarketing gains)
 
$
274

 
$
323

 
$
846

 
$
1,062

Remarketing gains, net
 
(27
)
 
(51
)
 
(61
)
 
(80
)
Net depreciation expense on operating lease assets
 
$
247

 
$
272

 
$
785

 
$
982