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Equipment held for lease (Tables)
12 Months Ended
Dec. 31, 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).

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Railcars

 

$

9,402

 

 

$

9,260

 

Aircraft

 

 

8,204

 

 

 

8,093

 

Other

 

 

4,868

 

 

 

4,862

 

 

 

 

22,474

 

 

 

22,215

 

Accumulated depreciation

 

 

(7,873

)

 

 

(7,150

)

 

 

$

14,601

 

 

$

15,065

 

Summary of fixed and variable operating lease revenues Fixed and variable operating lease revenues for each of the two years ending December 31, 2020 are summarized below (in millions).

 

 

 

2020

 

 

2019

 

Fixed lease revenue

 

$

4,262

 

 

$

4,415

 

Variable lease revenue

 

 

947

 

 

 

1,441

 

 

 

$

5,209

 

 

$

5,856

 

 

 

Summary of remaining operating lease receipts

A summary of future operating lease receipts as of December 31, 2020 follows (in millions).

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

Thereafter

 

 

Total

 

$

2,618

 

 

$

1,962

 

 

$

1,429

 

 

$

905

 

 

$

443

 

 

$

387

 

 

$

7,744