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LEASES
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended June 30,Six months ended June 30,
(In millions)2025202420252024
Operating leases
Lease income related to ChoiceLease$401 $359 $792 $740 
Lease income related to commercial rental (1)
$227 $233 $430 $452 
Sales-type leases
Interest income related to net investment in leases$23 $19 $45 $36 
Variable lease income excluding commercial rental (1)
$68 $99 $145 $171 
————————————
(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 based on management's internal estimates.

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)June 30, 2025December 31, 2024
Net investment in the lease — lease payment receivable$859 $818 
Net investment in the lease — unguaranteed residual value in assets52 49 
911 867 
Estimated loss allowance(3)(5)
Total$908 $862 
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended June 30,Six months ended June 30,
(In millions)2025202420252024
Operating leases
Lease income related to ChoiceLease$401 $359 $792 $740 
Lease income related to commercial rental (1)
$227 $233 $430 $452 
Sales-type leases
Interest income related to net investment in leases$23 $19 $45 $36 
Variable lease income excluding commercial rental (1)
$68 $99 $145 $171 
————————————
(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 based on management's internal estimates.

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)June 30, 2025December 31, 2024
Net investment in the lease — lease payment receivable$859 $818 
Net investment in the lease — unguaranteed residual value in assets52 49 
911 867 
Estimated loss allowance(3)(5)
Total$908 $862