Customer Financing (Tables)

9 Months Ended

Sep. 30, 2023

Customer Financing [Abstract]

Schedule of Customer Financing

Customer financing consisted of the following:

	September 30 2023	December 31 2022
Financing receivables:
Investment in sales-type/finance leases	$628	$804
Notes	115	385
Total financing receivables	743	1,189
Less allowance for losses on receivables	51	55
Financing receivables, net	692	1,134
Operating lease equipment, at cost, less accumulated depreciation of $72 and $76	359	470
Total	$1,051	$1,604

Financing Receivable Credit Quality Indicators

Our financing receivable balances at September 30, 2023 by internal credit rating category and year of origination consisted of the following:

Rating categories	Current	2022	2021	2020	2019	Prior	Total
BBB			$2			$26	$28
BB	$56	$32	203	$105	$37	116	549
B					16	96	112
CCC	10		35			9	54
Total carrying value of financing receivables	$66	$32	$240	$105	$53	$247	$743

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:

	September 30 2023	December 31 2022
717 Aircraft ($0 and $45 accounted for as operating leases)	$485	$563
747-8 Aircraft (accounted for as sales-type/finance leases)	131	394
737 Aircraft ($149 and $174 accounted for as operating leases)	168	186
777 Aircraft (accounted for as operating leases)	197	209
MD-80 Aircraft (accounted for as sales-type/finance leases)		96
757 Aircraft (accounted for as sales-type/finance leases)	63	107
747-400 Aircraft (accounted for as sales-type/finance leases)	44	46