XML 27 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equipment on Operating Leases
 3 Months Ended
Mar. 31, 2018
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 consists of leases to retail customers that are recorded as operating leases and vehicle sales to daily rental car companies with an expected repurchase obligation.

March 31, 2018

December 31, 2017
Equipment on operating leases
$
54,759


$
53,947

Less: accumulated depreciation
(10,526
)

(9,959
)
Equipment on operating leases, net(a)
$
44,233


$
43,988


__________
(a)
Includes $43.4 billion and $42.9 billion of GM Financial equipment on operating leases, net at March 31, 2018 and December 31, 2017.

Depreciation expense related to equipment on operating leases, net was $1.8 billion and $1.5 billion in the three months ended March 31, 2018 and 2017.

The following table summarizes minimum rental payments due to GM Financial on leases to retail customers:
 
Year Ending December 31,
 
2018
 
2019
 
2020
 
2021
 
2022
Minimum rental receipts under operating leases
$
5,241

 
$
5,064

 
$
2,336

 
$
346

 
$
19