Rental Expense and Lease Commitments
Rentals of space, vehicles, manufacturing equipment and office and data processing equipment under operating leases were approximately $363 million, $375 million and $313 million in 2013, 2012 and 2011, respectively.
The approximate minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year at December 29, 2013 are:
(Dollars in Millions)
|
| | | | | | | | | | | | |
2014 | | 2015 | | 2016 | | 2017 | | 2018 | | After 2018 | | Total |
$286 | | 238 | | 186 | | 110 | | 85 | | 87 | | 992 |
Commitments under capital leases are not significant.
