Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Sales-Type and Direct Financing Leases

The following table provides the components of our equipment lease financing assets:

Table 103: Sales-Type and Direct Financing Leases

In millions	December 31, 2019
Lease receivables (a)	$	7,353
Unguaranteed residual asset values	741
Unearned income	(939		)
Equipment lease financing	$	7,155

Schedule of Future Minimum Lease Payments of Lessor Arrangements, Operating Leases

The future minimum lease payments based on maturity of our lessor arrangements at December 31, 2019 were as follows:

Table 104: Future Minimum Lease Payments of Lessor Arrangements

In millions	Operating Leases		Sales-type and Direct Financing Leases
2020	$	159	$	1,620
2021	159		1,432
2022	112		1,161
2023	136		801
2024	128		668
2025 and thereafter	192		1,671
Total future minimum lease payments	$	886	$	7,353

Schedule of Future Minimum Lease Payments of Lessor Arrangements, Sales-type and Direct Financing Leases

The future minimum lease payments based on maturity of our lessor arrangements at December 31, 2019 were as follows:

Table 104: Future Minimum Lease Payments of Lessor Arrangements

In millions	Operating Leases		Sales-type and Direct Financing Leases
2020	$	159	$	1,620
2021	159		1,432
2022	112		1,161
2023	136		801
2024	128		668
2025 and thereafter	192		1,671
Total future minimum lease payments	$	886	$	7,353

Schedule of Operating Lease Term and Discount Rates of Lessee Arrangements

Operating lease term and discount rates of our lessee arrangements at December 31, 2019 were as follows:

Table 105: Operating Lease Term and Discount Rates of Lessee Arrangements

	December 31, 2019
Weighted-average remaining lease term (years)	9
Weighted-average discount rate	2.42	%

Schedule of Future Lease Payments of Operating Lease Liabilities

Future undiscounted cash flows on our lessee arrangements at December 31, 2019 are as follows:

Table 106: Future Lease Payments of Operating Lease Liabilities

In millions	December 31, 2019
2020	$	355
2021	339
2022	307
2023	275
2024	226
2025 and thereafter	923
Total future lease payments	$	2,425
Less: Interest	255
Present value of operating lease liabilities	$	2,170