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LEASES
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended September 30,Nine months ended September 30,
(In millions)2023202220232022
Operating leases
Lease income related to ChoiceLease$375 $367 $1,103 $1,127 
Lease income related to commercial rental (1)
$281 $333 $856 $956 
Sales-type leases
Interest income related to net investment in leases$14 $12 $40 $33 
Variable lease income excluding commercial rental (1)
$74 $81 $216 $226 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In millions)September 30, 2023December 31, 2022
Net investment in the lease — lease payment receivable$680 $598 
Net investment in the lease — unguaranteed residual value in assets42 43 
722 641 
Estimated loss allowance(3)(6)
Total$719 $635 
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended September 30,Nine months ended September 30,
(In millions)2023202220232022
Operating leases
Lease income related to ChoiceLease$375 $367 $1,103 $1,127 
Lease income related to commercial rental (1)
$281 $333 $856 $956 
Sales-type leases
Interest income related to net investment in leases$14 $12 $40 $33 
Variable lease income excluding commercial rental (1)
$74 $81 $216 $226 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In millions)September 30, 2023December 31, 2022
Net investment in the lease — lease payment receivable$680 $598 
Net investment in the lease — unguaranteed residual value in assets42 43 
722 641 
Estimated loss allowance(3)(6)
Total$719 $635