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Equipment held for lease (Tables)
3 Months Ended
Mar. 31, 2022
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. Equipment held for lease is summarized below (in millions).

 

 

March 31,

2022

 

 

December 31,

2021

 

Railcars

$

9,532

 

 

$

9,448

 

Aircraft

 

9,439

 

 

 

9,234

 

Other

 

5,196

 

 

 

5,053

 

 

 

24,167

 

 

 

23,735

 

Accumulated depreciation

 

(9,129

)

 

 

(8,817

)

 

$

15,038

 

 

$

14,918

 

Summary of fixed and variable operating lease revenues Fixed and variable operating lease revenues for the first quarter of 2022 and 2021 are summarized below (in millions).

 

 

 

First Quarter

 

 

 

 

 

 

2022

 

 

2021

 

Fixed lease revenue

 

 

 

 

$

1,188

 

 

$

1,062

 

Variable lease revenue

 

 

 

 

 

484

 

 

 

262

 

 

 

 

 

 

$

1,672

 

 

$

1,324