XML 25 R19.htm IDEA: XBRL DOCUMENT v3.23.2
Other assets
6 Months Ended
Jun. 30, 2023
Other Assets [Abstract]  
Other assets Other assets
Other assets consisted of the following as of June 30, 2023 and December 31, 2022:
June 30, 2023December 31, 2022
Straight-line rents, prepaid expenses and other$769,723 $715,751 
Notes receivable, net of allowance for credit losses (a) (b)497,280 486,223 
Loans receivable, net of allowance for credit losses (c) 449,310 351,357 
Derivative assets (Note 11)220,597 211,993 
Lease incentives158,927 163,683 
Investments98,159 62,519 
Inventory72,584 55,868 
Operating lease right of use assets, net70,551 81,952 
Other receivables, net 498,522 461,093 
$2,835,653 $2,590,439 
(a)Notes receivable as of June 30, 2023 and December 31, 2022 included $484 million and $459 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 June 30, 2023 and December 31, 2022 also included $13 million and $27 million, respectively, related to aircraft sale and other transactions.
(b)As of June 30, 2023 and December 31, 2022, we had $86 million and $111 million, respectively, allowance for credit losses on notes receivable. Refer to Note 21—Allowance for credit losses for further details.
(c)As of June 30, 2023 and December 31, 2022, we had $2 million and $4 million, respectively, allowance for credit losses on loans receivable. Refer to Note 21—Allowance for credit losses for further details. During the six months ended June 30, 2023 and 2022, we recognized interest income from loans receivable, net of allowance for credit losses of $14 million and $13 million, respectively, included in other income.