LEASES

The Company leases various warehouse and office facilities and certain equipment under operating and capital lease agreements that expire at various dates, and in some instances contain renewal provisions. The Company expenses operating lease costs, including any scheduled rent increases, rent holidays or landlord concessions, on a straight-line basis over the lease term. The Company also has a financing lease obligation on a distribution facility through 2023.

Future minimum lease payments under the above mentioned noncancelable lease agreements, together with contractual sublease income, as of December 29, 2018, were as follows:



	Financing Lease Obligation			Capital Leases			Operating Leases		Sublease Income			Net
2019	$	4		$	95		$	31	$	(1	)	$	129
2020	5			84			29		—			118
2021	5			71			25		—			101
2022	5			54			22		—			81
2023	5			43			18		—			66
Thereafter	—			38			7		—			45
Total minimum lease payments (receipts)	24			385			$	132	$	(1	)	$	540
Less amount representing interest	(4		)	(33		)
Present value of minimum lease payments	$	20		$	352

Total operating lease expense, included in distribution, selling and administrative costs in the Company’s Consolidated Statements of Comprehensive Income, was $46 million, $44 million and $43 million for fiscal years 2018, 2017 and 2016, respectively.