Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.6.0.2
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Rent expense under these leases
Rent expense under these leases was as follows:
 
 
Years ended December 31,
In millions
 
2016
 
2015
 
2014
Rent expense
 
$
210

 
$
205

 
$
195

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
 
2016
 
2015
Building
 
$
113

 
$
113

Equipment
 
109

 
86

Land
 
15

 
15

Less: Accumulated depreciation
 
(133
)
 
(112
)
Total
 
$
104

 
$
102

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, 2016, together with the net present value of the minimum payments due under capital leases:
In millions
 
Capital Leases
 
Operating Leases
2017
 
$
25

 
$
141

2018
 
22

 
101

2019
 
19

 
81

2020
 
7

 
59

2021
 
6

 
44

After 2021
 
39

 
93

Total minimum lease payments
 
$
118

 
$
519

Interest
 
(30
)
 
 

Present value of net minimum lease payments
 
$
88