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Equipment held for lease (Tables)
3 Months Ended
Mar. 31, 2021
Property Plant And Equipment [Abstract]  
Summary of equipment held for lease

Equipment held for lease includes railcars, aircraft, over-the-road trailers, intermodal tank containers, cranes, storage units and furniture. A summary of equipment held for lease follows (in millions).

 

 

March 31,

2021

 

 

December 31,

2020

 

Railcars

$

9,462

 

 

$

9,402

 

Aircraft

 

8,363

 

 

 

8,204

 

Other

 

4,868

 

 

 

4,868

 

 

 

22,693

 

 

 

22,474

 

Accumulated depreciation

 

(8,126

)

 

 

(7,873

)

 

$

14,567

 

 

$

14,601

 

Summary of fixed and variable operating lease revenues Fixed and variable operating lease revenues for the first quarter of 2021 and 2020 are summarized below (in millions).

 

 

 

First Quarter

 

 

 

 

 

 

2021

 

 

2020

 

Fixed lease revenue

 

 

 

 

$

1,062

 

 

$

1,096

 

Variable lease revenue

 

 

 

 

 

262

 

 

 

332

 

 

 

 

 

 

$

1,324

 

 

$

1,428