The components of our net investment in sales-type leases are as follows as of June 30, 2013 and 2012:
June 30, | ||||||||
(in millions) |
2013 | 2012 | ||||||
Future Minimum Lease Payments Receivable |
$ | 1,503 | $ | 1,539 | ||||
Unguaranteed Residual Values |
29 | 28 | ||||||
Unearned Income |
(173 | ) | (205 | ) | ||||
Allowance for Uncollectible Minimum Lease Payments Receivable |
(7 | ) | (10 | ) | ||||
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Net Investment in Sales-Type Leases |
1,352 | 1,352 | ||||||
Less: Current Portion |
351 | 374 | ||||||
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Net Investment in Sales-Type Leases, Less Current Portion |
$ | 1,001 | $ | 978 | ||||
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