Commitments and contingencies (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Prepayments of Flight Equipment

Movements in prepayments on flight equipment during the years ended December 31, 2022 and 2021 were as follows:

	Year Ended December 31,
	2022		2021
Prepayments on flight equipment at beginning of period	$	4,586,848	$	2,111,659
GECAS Transaction	—		2,990,414
Prepayments and additions during the period, net	244,937		136,655
Interest paid and capitalized during the period	104,191		30,827
Prepayments and capitalized interest applied to the purchase of flight equipment	(1,129,374)		(682,707)
Prepayments on flight equipment at end of period	$	3,806,602	$	4,586,848

Unrecorded Unconditional Purchase Obligations Disclosure

The following table presents our contractual commitments for the purchase of flight equipment as of December 31, 2022:

	2023		2024		2025		2026		2027		Thereafter		Total
	(U.S. Dollars in millions)
Purchase obligations (a)	$	6,821.9	$	7,302.3	$	5,725.0	$	3,367.9	$	835.0	$	—	$	24,052.1

(a)As of December 31, 2022, we had commitments to purchase 435 aircraft (including 17 purchase and leaseback transactions and excluding aircraft for which we have cancellation rights that we expect to exercise), 47 engines, 18 helicopters and other commitments through 2027. The timing of our purchase obligations is based on current estimates and incorporates expected delivery delays into the table above. In addition, we have the right to reschedule the delivery dates of certain of our aircraft to future dates.