Equipment held for lease (Tables)

9 Months Ended

Sep. 30, 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).

	September 30, 2021			December 31, 2020
Railcars	$	9,482		$	9,402
Aircraft		8,852			8,204
Other		5,031			4,868
		23,365			22,474
Accumulated depreciation		(8,613	)		(7,873	)
	$	14,752		$	14,601

Summary of fixed and variable operating lease revenues

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

	Third Quarter				First Nine Months
	2021		2020		2021		2020
Fixed lease revenue	$	1,151	$	1,047	$	3,318	$	3,205
Variable lease revenue		414		269		1,018		700
	$	1,565	$	1,316	$	4,336	$	3,905