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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

(Dollars in millions)

    

For the three months ended March 31:

2022

 

2021

Lease income sales-type and direct financing leases:

 

  

  

Sales-type lease selling price

$

54

$

360

Less: Carrying value of underlying assets*

 

(19)

 

(57)

Gross profit

$

36

$

304

Interest income on lease receivables

 

45

 

51

Total sales-type and direct financing lease income

$

81

$

354

Lease income operating leases

 

30

 

51

Variable lease income

 

28

 

57

Total lease income

$

138

$

463

* Excludes unguaranteed residual value.