v3.26.1
Equipment held for lease (Tables)
3 Months Ended
Mar. 31, 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).

 

March 31,
2026

 

 

December 31,
2025

 

Railcars

$

10,331

 

 

$

10,355

 

Aircraft

 

16,231

 

 

 

15,877

 

Other

 

5,662

 

 

 

5,660

 

 

32,224

 

 

 

31,892

 

Accumulated depreciation

 

(13,550

)

 

 

(13,357

)

$

18,674

 

 

$

18,535

 

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

 

 

 

First Quarter

 

 

 

 

 

 

2026

 

 

2025

 

Fixed

 

 

 

 

$

1,809

 

 

$

1,683

 

Variable

 

 

 

 

 

862

 

 

 

748

 

 

 

 

 

 

$

2,671

 

 

$

2,431