XML 59 R18.htm IDEA: XBRL DOCUMENT v3.23.3
Leases
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Leases Leases:
Accounting for Leases as a Lessor
The following table presents amounts included in the Consolidated Income Statement related to lessor activity.
Three Months Ended September 30,Nine Months Ended September 30,
(Dollars in millions)2023202220232022
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$190 $99 $528 $888 
Less: Carrying value of underlying assets*(42)(57)(133)(195)
Gross profit$148 $43 $395 $693 
Interest income on lease receivables58 54 176 144 
Total sales-type and direct financing lease income$206 $97 $571 $838 
Lease income — operating leases
20 29 71 86 
Variable lease income12 19 47 75 
Total lease income$238 $145 $689 $998 
*Excludes unguaranteed residual value.
Leases Leases:
Accounting for Leases as a Lessor
The following table presents amounts included in the Consolidated Income Statement related to lessor activity.
Three Months Ended September 30,Nine Months Ended September 30,
(Dollars in millions)2023202220232022
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$190 $99 $528 $888 
Less: Carrying value of underlying assets*(42)(57)(133)(195)
Gross profit$148 $43 $395 $693 
Interest income on lease receivables58 54 176 144 
Total sales-type and direct financing lease income$206 $97 $571 $838 
Lease income — operating leases
20 29 71 86 
Variable lease income12 19 47 75 
Total lease income$238 $145 $689 $998 
*Excludes unguaranteed residual value.