XML 17 R14.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Equipment on Operating Leases
 12 Months Ended
Dec. 31, 2019
Vehicles  
Property Subject to or Available for Operating Lease [Line Items]  
Equipment on Operating Leases Equipment on Operating Leases
Equipment on operating leases primarily consists of leases to retail customers of GM Financial. The current portion of net equipment on operating leases is included in Other current assets.
 
December 31, 2019
 
December 31, 2018
Equipment on operating leases
$
53,081

 
$
55,282

Less: accumulated depreciation
(10,989
)
 
(11,476
)
Equipment on operating leases, net
$
42,092

 
$
43,806



At December 31, 2019, the estimated residual value of our leased assets at the end of the lease term was $30.4 billion.

Depreciation expense related to Equipment on operating leases, net was $7.3 billion, $7.5 billion and $6.7 billion in the years ended December 31, 2019, 2018 and 2017.

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

2020

2021

2022

2023

2024
 
Total
Lease receipts under operating leases
$
6,517

 
$
4,080

 
$
1,607

 
$
137

 
$
4

 
$
12,345