Leases (Tables)

9 Months Ended

Sep. 30, 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.

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in millions)	2024		2023		2024		2023
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 receivables	67		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 income	16		12		54		47
Total lease income	$	133	$	238	$	729	$	689

(1)Excludes unguaranteed residual value.