Leases

12 Months Ended

Dec. 31, 2011

Leases [Abstract]

Leases

  NOTE 7   Leases

The components of the net investment in sales-type and direct financing leases at December 31 were as follows:

(Dollars in Millions)	2011			2010
Aggregate future minimum lease payments to be received	$	10,882		$	10,437
Unguaranteed residual values accruing to the lessor’s benefit		1,079			1,191
Unearned income		(1,332	)		(1,402	)
Initial direct costs		181			189
Total net investment in sales-type and direct financing leases (a)	$	10,810		$	10,415

(a) The accumulated allowance for uncollectible minimum lease payments was $91 million and $118 million at December 31, 2011 and 2010, respectively.

The minimum future lease payments to be received from sales-type and direct financing leases were as follows at December 31, 2011:

(Dollars in Millions)
2012	$	2,586
2013		2,581
2014		3,751
2015		1,288
2016		378
Thereafter		298