Leases (Tables)

3 Months Ended

Mar. 31, 2025

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:	2025		2024
Lease income — sales-type and direct financing leases:
Sales-type lease selling price	$	70	$	113
Less: Carrying value of underlying assets (1)	(30)		(28)
Gross profit	$	41	$	85
Interest income on lease receivables	61		69
Total sales-type and direct financing lease income	$	101	$	154
Lease income — operating leases	11		18
Variable lease income	12		20
Total lease income	$	124	$	192

(1)Excludes unguaranteed residual value.