Equipment on Operating Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Carrying amount of Equipment on operating leases, net

The carrying amount of Equipment on operating leases, net in the Consolidated Statements of Financial Position as of December 31, was as follows: 

(Millions of dollars)
	2019			2018
Equipment on operating leases, at cost	$	5,171		$	5,201
Less: Accumulated depreciation	(1,588		)	(1,639		)
Equipment on operating leases, net	$	3,583		$	3,562

Schedule of payments due for operating leases

At December 31, 2019, payments due for operating leases were as follows: 

(Millions of dollars)
2020		2021		2022		2023		2024		Thereafter		Total
$	812	$	511	$	268	$	129	$	59	$	35	$	1,814

Scheduled minimum rental payments for operating leases

At December 31, 2018, scheduled minimum rental payments for operating leases were as follows: 

(Millions of dollars)
2019		2020		2021		2022		2023		Thereafter		Total
$	808	$	503	$	257	$	115	$	41	$	15	$	1,739