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Financing Receivables and Operating Lease Equipment (Tables)
 3 Months Ended
Mar. 31, 2024
Financing Receivables and Operating Lease Equipment [Abstract]  
Schedule of Financing Receivables and Operating Lease Equipment, Net
Financing receivables and operating lease equipment, net consisted of the following:
March 31
2024		December 31
2023
Financing receivables:
Investment in sales-type leases$492 $556 
Notes91 102 
Total financing receivables
583 658 
Less allowance for losses on receivables36 51 
Financing receivables, net547 607 
Operating lease equipment, at cost, less accumulated depreciation of $71 and $70
343 352 
Total$890 $959 
Components of Investment in Sales Type or Finance Leases
The components of investment in sales-type leases consisted of the following:
March 31
2024		December 31
2023
Gross lease payments receivable$616 $697 
Unearned income(137)(162)
Net lease payments receivable479 535 
Unguaranteed residual assets13 21 
Total$492 $556 
Financing Receivable Credit Quality Indicators
Our financing receivable balances at March 31, 2024 by internal credit rating category and year of origination consisted of the following:
Rating categoriesCurrent2023202220212020PriorTotal
BBB$72 $31 $194 $100 $58 $455 
B94 94 
CCC34 34 
Total carrying value of financing receivables $72 $31 $228 $100 $152 $583 
Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations
The majority of our financing receivables and operating lease equipment portfolio is concentrated in the following aircraft models:
March 31
2024		December 31
2023
717 Aircraft (Accounted for as sales type leases)
$456 $478 
747-8 Aircraft (Accounted for as sales-type leases)
126 129 
737 Aircraft ($142 and $148 accounted for as operating leases)
142 156 
777 Aircraft (Accounted for as operating leases)
192 194 
747-400 Aircraft (Accounted for as sales-type leases)
43