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Equipment on Operating Leases
 12 Months Ended
Dec. 31, 2016
Vehicles [Member]  
Property Subject to or Available for Operating Lease [Line Items]  
Equipment on Operating Leases [Text Block]
Equipment on Operating Leases
Equipment on operating leases in our automotive operations consists of vehicle sales to daily rental car companies with a guaranteed repurchase obligation.
 
December 31, 2016
 
December 31, 2015
Equipment on operating leases
$
2,076

 
$
3,037

Less: accumulated depreciation
(180
)
 
(254
)
Equipment on operating leases, net
$
1,896

 
$
2,783


 
Years Ended December 31,
 
2016
 
2015
 
2014
Depreciation expense
$
167

 
$
341

 
$
507

Impairment charges
$
188

 
$
215

 
$
155


 
 
 
 
 
 
 
 

GM Financial originates leases to retail customers that are recorded as operating leases.
 
December 31, 2016
 
December 31, 2015
GM Financial equipment on operating leases
$
40,875

 
$
23,005

Less: accumulated depreciation
(6,349
)
 
(2,833
)
GM Financial equipment on operating leases, net
$
34,526

 
$
20,172



Depreciation expense related to GM Financial equipment on operating leases, net was $4.6 billion, $2.3 billion and $868 million in the years ended December 31, 2016, 2015 and 2014.

The following table summarizes minimum rental payments due to GM Financial on leases to retail customers:

2017

2018

2019

2020

2021
Minimum rental receipts under operating leases
$
5,649


$
4,176


$
1,869


$
180


$
4