Customer Financing (Tables)

9 Months Ended

Sep. 30, 2012

Customer financing consisted of the following:



	September 30 2012			December 31 2011
Financing receivables:
Investment in sales-type/finance leases		$1,893			$2,037
Notes	670			814
Operating lease equipment, at cost, less accumulated depreciation of $666 and $765	1,849			1,991
Gross customer financing	4,412			4,842
Less allowance for losses on receivables	(66		)	(70		)
Total		$4,346			$4,772

Financing Receivable Credit Quality Indicators

Our financing receivable balances by internal credit rating category are shown below:



Rating categories	September 30 2012		December 31 2011
A		$34
BBB	1,221			$1,316
BB	62		67
B	54		103
CCC	534		512
D	556		653
Other	102		200
Total carrying value of financing receivables		$2,563		$2,851

Schedule Of Customer Financing Carrying Values Related To Major Aircraft Concentrations [Text Block]

Declines in collateral values are also a significant driver of our allowance for losses. Generally, out-of-production aircraft have experienced greater collateral value declines than in-production aircraft. Our customer financing portfolio consists primarily of financing receivables for out-of-production aircraft. The value of the collateral is closely tied to commercial airline performance and overall market conditions. The majority of customer financing carrying values are concentrated in the following aircraft models:



	September 30 2012		December 31 2011
717 Aircraft ($470 and $480 accounted for as operating leases) ⁽¹⁾		$1,841		$1,906
757 Aircraft ($467 and $451 accounted for as operating leases) ⁽¹⁾	581		631
MD-80 Aircraft ($0 and $0 accounted for as operating leases)^{(1) (2)}	454		485
737 Aircraft ($213 and $242 accounted for as operating leases)	340		394
MD-11 Aircraft ($295 and $321 accounted for as operating leases) ⁽¹⁾	295		321
767 Aircraft ($96 and $103 accounted for as operating leases)	248		307


⁽¹⁾	Out-of-production aircraft


⁽²⁾	Disclosure omitted from 2011 financial statements