Comment by defrost

4 days ago
  A total of $50.1 billion (equivalent to $672 billion in 2023 when accounting for inflation) worth of supplies was shipped, or 17% of the total war expenditures of the U.S.

  In all, $31.4 billion went to the United Kingdom, $11.3 billion to the Soviet Union, $3.2 billion to France, $1.6 billion to China, and the remaining $2.6 billion to other Allies.

  Material delivered under the act was supplied at no cost, to be used until returned or destroyed.

  In practice, most equipment was destroyed, although some hardware (such as ships) was returned after the war.

  Supplies that arrived after the termination date were sold to the United Kingdom at a large discount for £1.075 billion, using long-term loans from the United States, which were finally repaid in 2006.

  Similarly, the Soviet Union repaid $722 million in 1971, with the remainder of the debt written off.