Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Net Investment in Sales-type and Direct Financing Leases
The table below presents the net investment in sales-type and direct financing leases at March 31, 2026 and December 31, 2025.
Net Investment (1)
​
(Dollars in millions) March 31
2026		 December 31
2025
Lease receivables $ 18,900  $ 19,198 
Unguaranteed residuals 3,456  3,520 
Total net investment in sales-type and direct
  financing leases		 $ 22,356  $ 22,718 
(1)In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $9.4 billion at both March 31, 2026 and December 31, 2025.
Sales-type Lease, Lease Income
The table below presents lease income for the three months ended March 31, 2026 and 2025.
Lease Income
Three Months Ended March 31
(Dollars in millions) 2026 2025
Sales-type and direct financing leases $ 319  $ 302 
Operating leases 276  253 
Total lease income $ 595  $ 555 
Operating Lease, Lease Income
The table below presents lease income for the three months ended March 31, 2026 and 2025.
Lease Income
Three Months Ended March 31
(Dollars in millions) 2026 2025
Sales-type and direct financing leases $ 319  $ 302 
Operating leases 276  253 
Total lease income $ 595  $ 555 
Direct Financing Lease, Lease Income
The table below presents lease income for the three months ended March 31, 2026 and 2025.
Lease Income
Three Months Ended March 31
(Dollars in millions) 2026 2025
Sales-type and direct financing leases $ 319  $ 302 
Operating leases 276  253 
Total lease income $ 595  $ 555 
Supplemental Information for Lessee Arrangements
The table below provides information on the right-of-use assets and lease liabilities at March 31, 2026 and December 31, 2025.
Lessee Arrangements
(Dollars in millions) March 31
2026		 December 31
2025
Right-of-use assets $ 10,773  $ 8,395 
Lease liabilities 11,471  9,086