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Customer Financing (Tables)

12 Months Ended

Dec. 31, 2015

Customer financing primarily relates to the Boeing Capital (BCC) segment and consisted of the following at December 31:



	2015			2014
Financing receivables:
Investment in sales-type/finance leases		$1,620			$1,535
Notes	256			370
Total financing receivables	1,876			1,905
Operating lease equipment, at cost, less accumulated depreciation of $338 and $571	1,710			1,677
Gross customer financing	3,586			3,582
Less allowance for losses on receivables	(16		)	(21		)
Total		$3,570			$3,561

The components of investment in sales-type/finance leases at December 31 were as follows:



	2015			2014
Minimum lease payments receivable		$1,537			$1,475
Estimated residual value of leased assets	530			521
Unearned income	(447		)	(461		)
Total		$1,620			$1,535

Financing receivable balances evaluated for impairment at December 31 were as follows:



	2015		2014
Individually evaluated for impairment		$86		$86
Collectively evaluated for impairment	1,790		1,819
Total financing receivables		$1,876		$1,905

The change in the allowance for losses on financing receivables for the years ended December 31, 2015, 2014 and 2013, consisted of the following:



	2015			2014			2013
Beginning balance - January 1		($21	)		($49	)		($60	)
Customer financing valuation benefit	5			28			11
Ending balance - December 31		($16	)		($21	)		($49	)
Collectively evaluated for impairment		($16	)		($21	)		($49	)

Our financing receivable balances at December 31 by internal credit rating category are shown below:



Rating categories	2015		2014
BBB		$973		$1,055
BB	536
B	258		633
CCC	23		131
Other	86		86
Total carrying value of financing receivables		$1,876		$1,905

The majority of customer financing carrying values are concentrated in the following aircraft models at December 31:



	2015		2014
717 Aircraft ($372 and $421 accounted for as operating leases)		$1,415		$1,562
747 Aircraft (Accounted for as operating leases)	1,038		601
MD-80 Aircraft (Accounted for as sales-type finance leases)	314		358
757 Aircraft ($48 and $349 accounted for as operating leases)	270		370
767 Aircraft ($84 and $47 accounted for as operating leases)	185		158
737 Aircraft ($115 and $127 accounted for as operating leases)	115		156
MD-11 Aircraft (Accounted for as operating leases)	35		114

Charges related to customer financing asset impairment for the years ended December 31 were as follows:

Scheduled receipts on customer financing are as follows:



Year	2016		2017		2018		2019		2020		Beyond 2020
Principal payments on notes receivable		$54		$38		$104		$56		$4
Sales-type/finance lease payments receivable	255		231		220		207		174			$450
Operating lease equipment payments receivable	593		120		100		86		71		357