Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of amounts included in the Consolidated Income Statement related to lessor activity

The following table presents amounts included in the Consolidated Income Statement related to lessor activity.

(Dollars in millions)
For the three months ended March 31:	2024		2023
Lease income — sales-type and direct financing leases:
Sales-type lease selling price	$	113	$	90
Less: Carrying value of underlying assets (1)	(28)		(30)
Gross profit	$	85	$	61
Interest income on lease receivables	69		59
Total sales-type and direct financing lease income	$	154	$	119
Lease income — operating leases	18		26
Variable lease income	20		21
Total lease income	$	192	$	166

(1)Excludes unguaranteed residual value.