Equipment on Operating Leases

3 Months Ended

Mar. 31, 2020

Vehicles [Member]

Lessor, Lease, Description [Line Items]

Equipment on Operating Leases

Equipment on Operating Leases

Equipment on operating leases primarily consists of leases to retail customers of GM Financial. The current portion of net equipment on operating leases is included in Other current assets.

	March 31, 2020			December 31, 2019
Equipment on operating leases	$	52,179		$	53,081
Less: accumulated depreciation	(10,873		)	(10,989		)
Equipment on operating leases, net	$	41,306		$	42,092

Depreciation expense related to Equipment on operating leases, net was $1.8 billion and $1.9 billion in the three months ended March 31, 2020 and 2019.

The following table summarizes lease payments due to GM Financial on leases to retail customers:

	Year Ending December 31,
	2020		2021		2022		2023		2024		Total
Lease receipts under operating leases	$	4,991	$	4,599	$	2,112	$	252	$	7	$	11,961