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Leases
12 Months Ended
Dec. 31, 2017
Leases [Abstract]  
Leases

  NOTE 6

 

  Leases

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

 

(Dollars in Millions)   2017        2016  

Aggregate future minimum lease payments to be received

  $ 12,709        $ 11,257  

Unguaranteed residual values accruing to the lessor’s benefit

    1,731          1,175  

Unearned income

    (1,205        (1,023

Initial direct costs

    274          237  
 

 

 

 

Total net investment in sales-type and direct financing leases(a)

  $ 13,509        $ 11,646  
(a) The accumulated allowance for uncollectible minimum lease payments was $94 million and $83 million at December 31, 2017 and 2016, respectively.

The minimum future lease payments to be received from sales-type and direct financing leases were as follows at December 31, 2017:

 

(Dollars in Millions)       

2018

  $ 3,709  

2019

    3,643  

2020

    3,239  

2021

    1,180  

2022

    410  

Thereafter

    528