13 Commitments and Contingencies

We have certain noncancelable operating lease commitments with lease terms greater than one year for property and computer equipment. The minimum commitments under these agreements at December 31, 2009, were as follows:

(millions)    
Year Commitment
2010 $ 73.5
2011   58.5
2012   42.8
2013   25.3
2014   11.9
Thereafter   16.2
Total $ 228.2

Some of the leases have options to renew at the end of the lease periods. The expense we incurred for the leases disclosed above, as well as other operating leases that may be cancelable or have terms less than one year, was:

(millions)    
Year Expense
2009 $ 109.0
2008   124.8
2007   139.5

We also have certain noncancelable purchase obligations. The minimum commitment under these agreements at December 31, 2009 was $132.3 million.

As of December 31, 2009, we had open investment funding commitments of $0.2 million; we had no uncollateralized lines or letters of credit as of December 31, 2009 or 2008.

 

The Progressive Corporation   6300 Wilson Mills Road   Mayfield Village, Ohio 44143   440.461.5000   progressive.com