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<p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i><a name="tx125267_46"> </a>Note 16 – Leases </i></b></font></p>
<p style="margin-top: 12px; text-indent: 4%; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">We rent certain equipment and facilities under operating leases. Our total rental expense under operating leases was $<font class="_mt">399</font> million, $<font class="_mt">373</font> million, and $<font class="_mt">360</font> million for 2010, 2009, and 2008. </font></p>
<p style="margin-top: 12px; text-indent: 4%; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Future minimum lease commitments at December 31, 2010 for all operating leases that have a remaining term of more than one year were $<font class="_mt">1.3</font> billion ($<font class="_mt">300</font> million in 2011, $<font class="_mt">233</font> million in 2012, $<font class="_mt">183</font> million in 2013, $<font class="_mt">142</font> million in 2014, $<font class="_mt">117</font> million in 2015 and $<font class="_mt">324</font> million in later years). Certain major plant facilities and equipment are furnished by the U.S. Government under short-term or cancelable arrangements. </font></p>
<p style="margin-top: 12px; margin-bottom: 0px; font-size: 1px;"> </p> </div>Note 16 – Leases
We rent certain equipment and facilities under operating leases. Our total rental expense under operating leases was $399 million,falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringGeneral description of lessee's leasing arrangements including: (1) The basis on which contingent rental payments are determined, (2) The existence and terms of renewal or purchase options and escalation clauses, (3) Restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) Rent holidays, rent concessions, or leasehold improvement incentives and unus
ual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 13
-Paragraph 16
-Subparagraph b, c, d
falsefalse12LeasesUnKnownUnKnownUnKnownUnKnownfalsetrue