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LEASES (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Components of Revenue from Leases
The components of lease income were as follows:
Three months ended June 30,Six months ended June 30,
(In millions)2023202220232022
Operating leases
Lease income related to ChoiceLease$368 $378 $728 $760 
Lease income related to commercial rental (1)
$287 $325 $575 $623 
Sales-type leases
Interest income related to net investment in leases$11 $10 $26 $21 
Variable lease income excluding commercial rental (1)
$70 $71 $142 $145 
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(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% to 20% of total commercial rental income based on management's internal estimates.
Schedule of Components of Net Investment in Leases
The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In millions)June 30, 2023December 31, 2022
Net investment in the lease — lease payment receivable$607 $598 
Net investment in the lease — unguaranteed residual value in assets65 43 
672 641 
Estimated loss allowance(4)(6)
Total$668 $635