Operating Leases (Notes)

12 Months Ended

Dec. 31, 2014

OPERATING LEASES

Lessee — The Company leases various assets under operating leases, including coal railcars, computers, vehicles and other equipment. The lease arrangements expire at various dates through 2046.

Future minimum lease payments under non-cancelable leases at December 31, 2014 were:



	Operating
	Leases
	(In millions)
2015	$	28
2016	22
2017	18
2018	15
2019	10
Thereafter	40
Total minimum lease payments	$	133

Rental expense for operating leases was $26 million in 2014, $28 million in 2013, and $29 million in 2012.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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