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Equipment held for lease (Tables)
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Schedule of equipment held for lease

Equipment held for lease includes railcars, aircraft, over-the-road trailers, intermodal tank containers, cranes, storage units and furniture. Equipment held for lease is summarized below (in millions).

 

 

 

June 30,

2020

 

 

December 31,

2019

 

Railcars

 

$

9,370

 

 

$

9,260

 

Aircraft

 

 

8,059

 

 

 

8,093

 

Other equipment held for lease

 

 

4,907

 

 

 

4,862

 

 

 

 

22,336

 

 

 

22,215

 

Accumulated depreciation

 

 

(7,449

)

 

 

(7,150

)

 

 

$

14,887

 

 

$

15,065

 

Summary of operating lease revenues by type Operating lease revenues by type for the second quarter and first six months of 2020 and 2019 were as follows (in millions).

 

 

Fixed lease

revenue

 

 

Variable lease

revenue

 

 

Total

 

Second quarter 2020

 

$

1,062

 

 

$

99

 

 

$

1,161

 

Second quarter 2019

 

 

1,118

 

 

 

373

 

 

 

1,491

 

First six months 2020

 

 

2,158

 

 

 

431

 

 

 

2,589

 

First six months 2019

 

 

2,192

 

 

 

735

 

 

 

2,927