Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.3.1.900
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Rent expense under these leases
Rent expense under these leases was as follows:
 
 
Years ended December 31,
In millions
 
2015
 
2014
 
2013
Rent expense
 
$
205

 
$
195

 
$
186

Schedule of capital leases by major property class
The following is a summary of the leased property under capital leases by major classes:
 
 
December 31,
In millions
 
2015
 
2014
Building
 
$
113

 
$
105

Equipment
 
86

 
98

Other
 
15

 
15

Less: Accumulated depreciation
 
(112
)
 
(105
)
Total
 
$
102

 
$
113

Future minimum lease payments due under capital and operating leases
Following is a summary of the future minimum lease payments due under capital and operating leases, including leases in our rental business, with terms of more than one year at December 31, 2015, together with the net present value of the minimum payments due under capital leases:
In millions
 
Capital Leases
 
Operating Leases
2016
 
$
24

 
$
163

2017
 
15

 
137

2018
 
13

 
105

2019
 
9

 
90

2020
 
6

 
43

After 2020
 
44

 
110

Total minimum lease payments
 
$
111

 
$
648

Interest
 
(30
)
 
 

Present value of net minimum lease payments
 
$
81