Equipment on Operating Leases

12 Months Ended

Dec. 31, 2017

Leases [Abstract]

Equipment on Operating Leases

EQUIPMENT ON OPERATING LEASES

Components of equipment on operating leases, less accumulated depreciation as of December 31, were as follows: 

(Millions of dollars)
	2017			2016
Equipment on operating leases, at cost	$	5,204		$	5,395
Less: Accumulated depreciation	(1,636		)	(1,687		)
Equipment on operating leases, net	$	3,568		$	3,708

At December 31, 2017, scheduled minimum rental payments for operating leases were as follows: 

2018		2019		2020		2021		2022		Thereafter		Total
$	799	$	517	$	264	$	113	$	43	$	11	$	1,747