Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of components of lease income

Components of Lease Income

	Three Months Ended March 31,
(In millions)	2021		2020
Sales-type leases:
Selling profit (1)	$	13	$	14
Interest income (1)	19		19
Operating lease income (2)	71		24

(1)Selling profit includes $30 million and $28 million recorded within product revenue with a corresponding charge of $17 million and $14 million recorded within cost of product in the consolidated statements of income for the three months ended March 31, 2021 and 2020, respectively. Interest income is included within product revenue in the consolidated statements of income.

(2)Operating lease income includes a nominal amount of variable lease income and is included within product revenue in the consolidated statements of income for the three months ended March 31, 2021 and 2020.

Schedule of components of lease income

Components of Lease Income

	Three Months Ended March 31,
(In millions)	2021		2020
Sales-type leases:
Selling profit (1)	$	13	$	14
Interest income (1)	19		19
Operating lease income (2)	71		24

(1)Selling profit includes $30 million and $28 million recorded within product revenue with a corresponding charge of $17 million and $14 million recorded within cost of product in the consolidated statements of income for the three months ended March 31, 2021 and 2020, respectively. Interest income is included within product revenue in the consolidated statements of income.

(2)Operating lease income includes a nominal amount of variable lease income and is included within product revenue in the consolidated statements of income for the three months ended March 31, 2021 and 2020.