v3.26.1
Equipment held for lease (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Summary of equipment held for lease

Equipment held for lease includes railcars, aircraft and other equipment, including over-the-road trailers, intermodal tank containers, cranes, storage units and furniture. Equipment held for lease is summarized below (in millions).

 

June 30,
2026

 

 

December 31,
2025

 

Railcars

$

10,269

 

 

$

10,355

 

Aircraft

 

16,637

 

 

 

15,877

 

Other

 

5,682

 

 

 

5,660

 

 

32,588

 

 

 

31,892

 

Accumulated depreciation

 

(13,676

)

 

 

(13,357

)

$

18,912

 

 

$

18,535

 

Summary of fixed and variable operating lease revenues Fixed and variable operating lease revenues are summarized below (in millions).

 

Second Quarter

 

 

First Six Months

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Fixed

$

1,882

 

 

$

1,737

 

 

$

3,691

 

 

$

3,420

 

Variable

 

1,005

 

 

 

772

 

 

 

1,867

 

 

 

1,520

 

 

$

2,887

 

 

$

2,509

 

 

$

5,558

 

 

$

4,940