XML 48 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Customer Financing (Tables)
6 Months Ended
Jun. 30, 2023
Customer Financing [Abstract]  
Schedule of Customer Financing
Customer financing consisted of the following:
June 30
2023
December 31
2022
Financing receivables:
Investment in sales-type/finance leases$673 $804 
Notes203 385 
Total financing receivables
876 1,189 
Less allowance for losses on receivables53 55 
Financing receivables, net823 1,134 
Operating lease equipment, at cost, less accumulated depreciation of $69 and $76
367 470 
Total$1,190 $1,604 
Financing Receivable Credit Quality Indicators
Our financing receivable balances at June 30, 2023 by internal credit rating category and year of origination consisted of the following:
Rating categoriesCurrent2022202120202019PriorTotal
BBB$33 $33 
BB$47 $33 $209 $107 $38 155 589 
B17 17 
CCC10 35 192 237 
Total carrying value of financing receivables$57 $33 $244 $107 $55 $380 $876 
Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations
The majority of our gross customer financing portfolio is concentrated in the following aircraft models:
June 30
2023
December 31
2022
717 Aircraft ($0 and $45 accounted for as operating leases)
$495 $563 
747-8 Aircraft (accounted for as sales-type/finance leases)217 394 
737 Aircraft ($151 and $174 accounted for as operating leases)
171 186 
777 Aircraft (accounted for as operating leases)202 209 
MD-80 Aircraft (accounted for as sales-type/finance leases)96 
757 Aircraft (accounted for as sales-type/finance leases)98 107 
747-400 Aircraft (accounted for as sales-type/finance leases)44 46