As of February 28, 2026, our purchase commitments under various contracts for the remainder of 2026 and annually thereafter were as follows (in millions):


	Aircraft and Aircraft Related		Other(1)		Total
2026 (remainder)	$	397	$	286	$	683
2027	1,187		928		2,115
2028	1,033		724		1,757
2029	445		606		1,051
2030	385		179		564
Thereafter	1,986		174		2,160
Total	$	5,433	$	2,897	$	8,330

The amounts reflected in the table above for purchase commitments represent noncancelable agreements to purchase goods or services. Open purchase orders that are cancelable are not considered unconditional purchase obligations for financial reporting purposes and are not included in the table above.

As of February 28, 2026, we had $387 million in deposits and progress payments on aircraft purchases and other planned aircraft-related transactions. These deposits are classified in the “Other assets” caption of the accompanying unaudited condensed consolidated balance sheets. Aircraft and aircraft-related contracts are subject to price escalations. The following table is a summary of the key aircraft we are committed to purchase as of February 28, 2026, with the year of expected delivery:


	Cessna SkyCourier 408	ATR 72-600F	B767F	B777F	Total
2026 (remainder)	4	2	2	—	8
2027	9	4	—	5	18
2028	2	4	—	5	11
2029	—	4	—	—	4
2030	—	2	—	—	2
Thereafter	—	—	—	—	—
Total	15	16	2	10	43

A summary of future minimum lease payments under noncancelable operating and finance leases with an initial or remaining term in excess of one year as of February 28, 2026 is as follows (in millions):


	Aircraft and Related Equipment		Facilities and Other		Total Operating Leases		Finance Leases		Total Leases
2026 (remainder)	$	30	$	612	$	642	$	45	$	687
2027	120		3,214		3,334		194		3,528
2028	119		2,754		2,873		296		3,169
2029	112		2,340		2,452		184		2,636
2030	103		1,973		2,076		167		2,243
Thereafter	399		8,466		8,865		664		9,529
Total lease payments	883		19,359		20,242		1,550		21,792
Less imputed interest	(147)		(3,326)		(3,473)		(372)		(3,845)
Present value of lease liability	$	736	$	16,033	$	16,769	$	1,178	$	17,947

While certain of our lease agreements contain covenants governing the use of the leased assets or require us to maintain certain levels of insurance, none of our lease agreements include material financial covenants or limitations.