Commitments

Lease Commitments

The Company leases certain real and personal property under non-cancelable operating leases. Certain leases require the Company to pay property taxes, insurance and routine maintenance, and include renewal options and escalation clauses. Rent expense on operating leases was approximately $289 million, $290 million and $307 million for fiscal 2018, 2017 and 2016, respectively.

Property under capital leases is comprised primarily of building, equipment and furniture. Capital lease assets included in Property, plant and equipment in the Consolidated Balance Sheets were $61 million and $75 million as of October 31, 2018 and 2017, respectively. Accumulated depreciation on the property under capital lease was $8 million and $16 million as of October 31, 2018 and 2017, respectively.

As of October 31, 2018, future minimum lease commitments on the Company's operating leases were as follows:



Fiscal Year	In millions
2019	$	226
2020	207
2021	152
2022	131
2023	116
Thereafter	387
Less: Sublease rental income	(216		)
Total	$	1,003

Unconditional Purchase Obligations

At October 31, 2018, the Company had unconditional purchase obligations of approximately $0.6 billion. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on the Company and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction, as well as settlements that the Company has reached with third parties, requiring it to pay determined amounts over a specified period of time. These unconditional purchase obligations are related principally to software maintenance and support services and other items. Unconditional purchase obligations exclude agreements that are cancelable without penalty.

As of October 31, 2018, future unconditional purchase obligations were as follows:



Fiscal Year	In millions
2019	$	257
2020	196
2021	110
2022	16
2023	9
Thereafter	49
Total	$	637