Other assets (Tables)

12 Months Ended

Dec. 31, 2021

Other assets consisted of the following as of December 31, 2021 and 2020:


	As of December 31,
	2021		2020
Notes receivable, net of allowance for credit losses (a) (b)	$	616,883	$	529,172
Straight-line rents, prepaid expenses and other	452,259		125,541
Loans receivable, net of allowance for credit losses (c)	403,378		—
Lease incentives	158,417		177,028
Operating lease ROU assets, net (Note 17)	95,814		40,603
Inventory	48,584		—
Investments (d)	45,254		15,411
Debt issuance costs	30,065		20,722
Other tangible fixed assets	25,418		22,512
Derivative assets (Note 12)	16,909		3,303
Other receivables, net (e)	455,036		172,488
	$	2,348,017	$	1,106,780

(a)Notes receivable as of December 31, 2021 and 2020 included $587 million and $490 million, respectively, related to agreements we have executed with customers to reschedule certain lease payments under our leases that are due at the reporting dates. Notes receivable as of December 31, 2021 and 2020 also included $30 million and $39 million, respectively, related to aircraft sale and other transactions.

(b)As of December 31, 2021 and December 31, 2020, we had a $41 million and $7 million, respectively, allowance for credit losses on notes receivable. Refer to Note 26—Allowance for credit losses for further details.

(c)As of December 31, 2021, we had a $5 million allowance for credit losses on loans receivable. Refer to Note 26—Allowance for credit losses for further details. During the years ended December 31, 2021 and 2020, we recognized interest income from loans receivable, net of allowance for credit losses of $4 million and nil, respectively, included in other income.

(d)Prior year amounts of $123 million have been reclassified to Associated companies to conform to current year presentation. Refer to Note 10—Associated companies.

(e)Other receivables as of December 31, 2021 include $66 million receivable from GE. Refer to Note 29—Related party transactions.