Transactions with Boeing (Tables)

9 Months Ended

Sep. 30, 2012

Intercompany Guarantee Amounts by Aircraft Type

Intercompany guarantee amounts by aircraft type are summarized as follows:


	September 30, 2012				December 31, 2011
	Guarantee Amount		Carrying Value		Guarantee Amount		Carrying Value
717 (out of production)	$	1,435	$	1,731	$	1,481	$	1,790
Out of production single-aisle aircraft		46		46		55		55
Other, including other Boeing aircraft		38		82		41		83
	$	1,519	$	1,859	$	1,577	$	1,928

Transactions with Boeing

We recorded the following activity under the intercompany guarantee and subsidy agreements for the nine months ended September 30:


	2012			2011
Finance lease income⁽¹⁾	$	(2	)	$	(2	)
Interest income on notes receivable		1			1
Operating lease income		37			49
Net gain on disposal of assets		–			2
	$	36		$	50

⁽¹⁾

For the nine months ended September 30, 2012 and 2011, Finance lease income included $(2) and $(2) for fees paid to Boeing related to guarantee agreements.