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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases  
Schedule of amounts included in the Consolidated Income Statement related to lessor activity

(Dollars in millions)

    

For the three months ended March 31:

2023

 

2022

Lease income sales-type and direct financing leases:

 

  

  

Sales-type lease selling price

$

90

$

54

Less: Carrying value of underlying assets*

 

(30)

 

(19)

Gross profit

$

61

$

36

Interest income on lease receivables

 

59

 

45

Total sales-type and direct financing lease income

$

119

$

81

Lease income operating leases

 

26

 

30

Variable lease income

 

21

 

28

Total lease income

$

166

$

138

* Excludes unguaranteed residual value.