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Leased Assets
12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Leased Assets

20.  Leased Assets

We and certain of our subsidiaries lease drilling rigs, office space and other assets for varying periods under contractual obligations accounted for as operating leases.  Operating lease expenses for drilling rigs used to drill development wells and successful exploration wells are capitalized.  At December 31, 2016, future minimum rental payments applicable to non‑cancelable operating leases with remaining terms of one year or more (other than oil and gas property leases) are as follows (in millions):

 

2017

 

$

376

 

2018

 

375

 

2019

 

351

 

2020

 

124

 

2021

 

67

 

Remaining years

 

338

 

Total Minimum Lease Payments

 

 

1,631

 

Less: Income from subleases

 

78

 

Net Minimum Lease Payments

 

$

1,553

 

Rental expense was as follows:

 

 

2016

 

 

2015

 

 

2014

 

 

 

(In millions)

 

Total rental expense

 

$

106

 

 

$

167

 

 

$

248

 

Less: Income from subleases

 

5

 

 

10

 

 

17

 

Net Rental Expense

 

$

101

 

 

$

157

 

 

$

231