Customer Financing (Tables)

12 Months Ended

Dec. 31, 2019

Customer Financing [Abstract]

Schedule Of Customer Financing

Customer financing consisted of the following at December 31:

	2019			2018
Financing receivables:
Investment in sales-type/finance leases		$1,029			$1,125
Notes	443			730
Total financing receivables	1,472			1,855
Operating lease equipment, at cost, less accumulated depreciation of $235 and $203	834			782
Operating lease incentive				250
Gross customer financing	2,306			2,887
Less allowance for losses on receivables	(8		)	(9		)
Total		$2,298			$2,878

Components Of Investment In Sales Type Or Finance Leases

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

	2019			2018
Minimum lease payments receivable		$799			$908
Estimated residual value of leased assets	393			425
Unearned income	(163		)	(208		)
Total		$1,029			$1,125

Financing Receivable Balances Evaluated For Impairment

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

	2019		2018
Individually evaluated for impairment		$400		$409
Collectively evaluated for impairment	1,072		1,446
Total financing receivables		$1,472		$1,855

Allowance for Losses on Financing Receivables

The change in the allowance for losses on financing receivables for the years ended December 31, 2019, 2018 and 2017, consisted of the following:

	2019			2018			2017
Beginning balance - January 1		($9	)		($12	)		($10	)
Customer financing valuation benefit/(cost)	1			3			(2		)
Ending balance - December 31		($8	)		($9	)		($12	)
Collectively evaluated for impairment		($8	)		($9	)		($12	)

Financing Receivable Credit Quality Indicators

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

Rating categories	2019		2018
BBB		$573		$883
BB	385		430
B	122		135
CCC	392		407
Total carrying value of financing receivables		$1,472		$1,855

Schedule Of Customer Financing Carrying Values Related To Major Aircraft Concentrations

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

	2019		2018
717 Aircraft ($124 and $204 accounted for as operating leases)		$736		$918
747-8 Aircraft ($130 and $132 accounted for as operating leases)	475		477
737 Aircraft ($240 and $263 Accounted for as operating leases)	263		290
777 Aircraft ($236 and $60 accounted for as operating leases)	240		68
MD-80 Aircraft (Accounted for as sales-type finance leases)	186		204
757 Aircraft ($22 and $24 accounted for as operating leases)	182		200
747-400 Aircraft ($31 and $45 Accounted for as operating leases)	90		116

Customer Financing Asset Impairment Charges

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

	2019		2018		2017
Boeing Capital		$53		$1		$13
Other Boeing	217		38		30
Total		$270		$39		$43

Customer Financing, Lease Receivable Maturity

As of December 31, 2019, undiscounted cash flows for notes receivable, sales-type/finance and operating leases over the next five years and thereafter are as follows:

	Notes receivable		Sales-type/finance leases			Operating leases
Year 1		$382		$191			$130
Year 2	7		141			103
Year 3	37		127			89
Year 4	17		118			74
Year 5			98			58
Thereafter			124			41
Total lease receipts	443		799			495
Less imputed interest			(163		)
Estimated unguaranteed residual values			393
Total		$443		$1,029			$495