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Equipment on Operating Leases
12 Months Ended
Dec. 31, 2018
Vehicles [Member]  
Property Subject to or Available for Operating Lease [Line Items]  
Equipment on Operating Leases
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 actual or expected repurchase obligation.
 
December 31, 2018
 
December 31, 2017
Equipment on operating leases
$
55,282

 
$
53,947

Less: accumulated depreciation
(11,476
)
 
(9,959
)
Equipment on operating leases, net(a)
$
43,806

 
$
43,988


__________
(a)
Includes $43.6 billion and $42.9 billion of GM Financial Equipment on operating leases, net at December 31, 2018 and 2017.

Depreciation expense related to Equipment on operating leases, net was $7.5 billion, $6.7 billion and $4.7 billion in the years ended December 31, 2018, 2017 and 2016.

The following table summarizes minimum rental payments due to GM Financial on leases to retail customers:
 
Years Ending December 31,

2019

2020

2021

2022

2023
 
Total
Minimum rental receipts under operating leases
$
6,733

 
$
4,141

 
$
1,568

 
$
155

 
$
9

 
$
12,606