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Leases
 9 Months Ended
Sep. 30, 2024
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)2024202320242023
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$48 $190 $528 $528 
Less: Carrying value of underlying assets (1)
(12)(42)(106)(133)
Gross profit$37 $148 $423 $395 
Interest income on lease receivables67 58 206 176 
Total sales-type and direct financing lease income$104 $206 $628 $571 
Lease income — operating leases
13 20 47 71 
Variable lease income16 12 54 47 
Total lease income$133 $238 $729 $689 
(1)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)2024202320242023
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$48 $190 $528 $528 
Less: Carrying value of underlying assets (1)
(12)(42)(106)(133)
Gross profit$37 $148 $423 $395 
Interest income on lease receivables67 58 206 176 
Total sales-type and direct financing lease income$104 $206 $628 $571 
Lease income — operating leases
13 20 47 71 
Variable lease income16 12 54 47 
Total lease income$133 $238 $729 $689 
(1)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)2024202320242023
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$48 $190 $528 $528 
Less: Carrying value of underlying assets (1)
(12)(42)(106)(133)
Gross profit$37 $148 $423 $395 
Interest income on lease receivables67 58 206 176 
Total sales-type and direct financing lease income$104 $206 $628 $571 
Lease income — operating leases
13 20 47 71 
Variable lease income16 12 54 47 
Total lease income$133 $238 $729 $689 
(1)Excludes unguaranteed residual value.