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LEASES (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Componenets of Revenue from Leases
The components of revenue from leases were as follows:
Three months ended March 31,
(In millions)20232022
Operating leases
Lease income related to ChoiceLease$360 $382 
Lease income related to commercial rental (1)
$288 $298 
Sales-type leases
Interest income related to net investment in leases$15 $11 
Variable lease income excluding commercial rental (1)
$72 $74 
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(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable lease income is approximately 15% to 20% of total commercial rental income.
Schedule of Components of Net Investment in Leases
The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In millions)March 31, 2023December 31, 2022
Net investment in the lease — lease payment receivable$738 $598 
Net investment in the lease — unguaranteed residual value in assets55 43 
793 641 
Estimated loss allowance(5)(6)
Total$788 $635