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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases  
Schedule of amounts included in the Consolidated Income Statement related to lessor activity

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(Dollars in millions)

    

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For the three months ended March 31:

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2022

 

2021

Lease income — sales-type and direct financing leases:

 

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Sales-type lease selling price

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$

54

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$

360

Less: Carrying value of underlying assets*

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(19)

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(57)

Gross profit

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$

36

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$

304

Interest income on lease receivables

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45

​

 

51

Total sales-type and direct financing lease income

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$

81

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$

354

Lease income — operating leases

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30

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51

Variable lease income

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28

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57

Total lease income

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$

138

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$

463

* Excludes unguaranteed residual value.