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Leased Assets
12 Months Ended
Dec. 31, 2018
Leases [Abstract]  
Leased Assets

18.  Leased Assets

We and certain of our subsidiaries lease drilling rigs, support vessels, 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, 2018, future minimum rental payments applicable to non‑cancelable operating leases with remaining terms in excess of one year (other than oil and gas property leases) are as follows (in millions):

 

2019

 

$

355

 

2020

 

156

 

2021

 

65

 

2022

 

64

 

2023

 

64

 

Remaining years

 

198

 

Total Minimum Lease Payments

 

 

902

 

Less: Income from subleases

 

114

 

Net Minimum Lease Payments

 

$

788

 

Rental expense was as follows:

 

 

2018

 

 

2017

 

 

2016

 

 

 

(In millions)

 

Total rental expense

 

$

154

 

 

$

123

 

 

$

106

 

Less: Income from subleases

 

8

 

 

10

 

 

5

 

Net Rental Expense

 

$

146

 

 

$

113

 

 

$

101