XML 30 R19.htm IDEA: XBRL DOCUMENT v3.25.3
Leases
 9 Months Ended
Sep. 30, 2025
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)2025202420252024
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$280 $48 $1,227 $528 
Less: Carrying value of underlying assets (1)
(66)(12)(247)(106)
Gross profit$214 $37 $979 $423 
Interest income on lease receivables65 67 180 206 
Total sales-type and direct financing lease income$279 $104 $1,160 $628 
Lease income — operating leases
11 13 32 47 
Variable lease income19 16 47 54 
Total lease income$309 $133 $1,239 $729 
(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)2025202420252024
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$280 $48 $1,227 $528 
Less: Carrying value of underlying assets (1)
(66)(12)(247)(106)
Gross profit$214 $37 $979 $423 
Interest income on lease receivables65 67 180 206 
Total sales-type and direct financing lease income$279 $104 $1,160 $628 
Lease income — operating leases
11 13 32 47 
Variable lease income19 16 47 54 
Total lease income$309 $133 $1,239 $729 
(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)2025202420252024
Lease income — sales-type and direct financing leases:
    
Sales-type lease selling price$280 $48 $1,227 $528 
Less: Carrying value of underlying assets (1)
(66)(12)(247)(106)
Gross profit$214 $37 $979 $423 
Interest income on lease receivables65 67 180 206 
Total sales-type and direct financing lease income$279 $104 $1,160 $628 
Lease income — operating leases
11 13 32 47 
Variable lease income19 16 47 54 
Total lease income$309 $133 $1,239 $729 
(1)Excludes unguaranteed residual value.