DineEquity, Inc | 2013 | FY | 3


As of December 31, 2013, future minimum lease payments under financing obligations during the initial terms of the leases related to the sale-leaseback transactions are as follows:
Fiscal Years
(In millions)
2014
$
5.7

2015(1)
6.2

2016
5.7

2017
5.2

2018
6.0

Thereafter
92.4

Total minimum lease payments
121.2

Less: interest
(72.3
)
Total financing obligations
48.9

Less: current portion(2)
(0.1
)
Long-term financing obligations
$
48.8

____________________________________________________________________________________
(1) 
Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in fiscal 2015.
(2) 
Included in current maturities of capital lease and financing obligations on the consolidated balance sheet.

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