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Equipment on Operating Leases
 6 Months Ended
Jun. 30, 2017
Vehicles [Member]  
Property Subject to or Available for Operating Lease [Line Items]  
Operating Leases of Lessor Disclosure
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.
 
June 30, 2017
 
December 31, 2016
Equipment on operating leases
$
2,054

 
$
1,197

Less: accumulated depreciation
(171
)
 
(87
)
Equipment on operating leases, net
$
1,883

 
$
1,110


 
Three Months Ended
 
Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
June 30, 2017
 
June 30, 2016
Depreciation expense
$
64

 
$
33

 
$
108

 
$
54

Impairment charges
$
34

 
$
29

 
$
54

 
$
41



GM Financial originates leases to retail customers that are recorded as operating leases.
 
June 30, 2017
 
December 31, 2016
GM Financial equipment on operating leases
$
47,905

 
$
40,654

Less: accumulated depreciation
(8,180
)
 
(6,312
)
GM Financial equipment on operating leases, net
$
39,725

 
$
34,342



Depreciation expense related to GM Financial equipment on operating leases, net was $1.6 billion and $1.1 billion in the three months ended June 30, 2017 and 2016 and $3.0 billion and $2.0 billion in the six months ended June 30, 2017 and 2016.

The following table summarizes minimum rental payments due to GM Financial on leases to retail customers:
 
Year Ending December 31,
 
2017
 
2018
 
2019
 
2020
 
2021
Minimum rental receipts under operating leases
$
3,371

 
$
5,599

 
$
3,191

 
$
723

 
$
50