Lease Commitments

12 Months Ended

Dec. 31, 2017

The Company is obligated under various non-cancelable operating lease agreements for office facilities that generally provide for minimum rent payments and a proportionate share of operating expenses and property taxes and include certain renewal and expansion options. For the years ended December 31, 2017, 2016 and 2015, rent expense under these lease arrangements was $29 million, $27 million and $25 million, respectively. Capital leases included in property and equipment are not significant.

Future minimum lease payments under non-cancelable operating leases as of December 31, 2017 are as follows:



(in millions)
Years ending December 31,	Future Minimum Lease Payments
2018	$	22.1
2019	21.8
2020	21.0
2021	14.5
2022	9.0
Thereafter	43.4
Total future minimum lease payments	$	131.8