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Investment In Operating Leases, Net

9 Months Ended

Sep. 30, 2011

Investment In Operating Leases, Net [Abstract]

Investment In Operating Leases, Net

9.	Investment in Operating Leases, Net

Investments in operating leases were as follows.


($ in millions)		September 30, 2011				December 31, 2010
Vehicles and other equipment		$	11,123			$	13,571
Accumulated depreciation			(2,071	)			(4,443	)

Investment in operating leases, net		$	9,052			$	9,128

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)		2011				2010				2011				2010
Depreciation expense on operating lease assets (excluding remarketing gains)		$	370			$	618			$	1,128			$	2,183
Gross remarketing gains			(74	)			(164	)			(355	)			(547	)

Depreciation expense on operating lease assets		$	296			$	454			$	773			$	1,636

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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