2003 Annual Report
 
 
   
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Print friendly pdf of Form 10-K Part II
Part II

  Item 8    Notes to Consolidated Financial Statements
 
22.  Leases and Lease Commitments

Total rental expense was $532 million in 2003, $458 million in 2002 and $390 million in 2001. Future minimum rental commitments under noncancelable leases for years ending December 31 are: $344 million in 2004; $281 million in 2005; $241 million in 2006; $191 million in 2007; and $175 million in 2008. For the ensuing three five-year periods, these commitments decrease from $258 million to $3 million. The minimum rentals over the remaining terms of the leases aggregate to $24 million.

 

 
     
 



Go to Part II, Item 8, Notes: 23. Contingencies