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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2011
Commitments Disclosure

The following summarizes our principal contractual commitments, excluding open orders for inventory purchases that support normal operations, as of December 31, 2011:

 

     Year Ended December 31,                
     2012      2013      2014      2015      2016      Thereafter      Total  
     (in millions)  

Operating and capital commitments:

                    

Debt principal and interest

   $ 147       $ 265       $ —         $ —         $ —         $ —         $ 412   

Capital leases, including interest

     397         316         150         58         29         74         1,024   

Financing lease obligations, including interest (1)

     49         51         54         55         56         598         863   

Operating leases

     380         420         407         354         300         1,232         3,093   

Unconditional purchase obligations

     117         84         66         48         23         —           338   

Other commitments (2) (3) (4)

     325         127         72         66         61         664         1,315   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total commitments

   $ 1,415       $ 1,263       $ 749       $ 581       $ 469       $ 2,568       $ 7,045   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Relates to the 1,370,000 square feet of occupied corporate office space under build-to-suit lease arrangements.
(2) Includes contractual obligations with minimum firm commitments recorded as liabilities on the consolidated balance sheets.
(3) Includes the estimated timing and payments for rent, operating expenses, and tenant improvements associated with approximately 330,000 square feet of corporate office space currently being developed under build-to-suit leases and which we anticipate occupying in 2012 to 2013. The amount of space available and our financial and other obligations under the lease agreements are affected by various factors, including government approvals and permits, interest rates, development costs and other expenses and our exercise of certain rights under the lease agreements. See “Note 3—Fixed Assets” for a discussion of these leases.
(4) Excludes $229 million of tax contingencies for which we cannot make a reasonably reliable estimate of the amount and period of payment, if any.