HP leases certain real and personal property under non-cancelable operating leases. Certain leases require HP to pay property taxes, insurance and routine maintenance and include renewal options and escalation clauses. Rent expense was approximately $1,042 million in fiscal 2011, $1,062 million in fiscal 2010 and $1,112 million in fiscal 2009. Sublease rental income was approximately $38 million in fiscal 2011, $46 million in fiscal 2010 and $53 million in fiscal 2009.

At October 31, 2011 and October 31, 2010, property under capital lease, which was comprised primarily of equipment and furniture, was approximately $577 million and $688 million, respectively, and was included in property, plant and equipment in the accompanying Consolidated Balance Sheets. Accumulated depreciation on the property under capital lease was approximately $454 million and $482 million, respectively, at October 31, 2011 and October 31, 2010. The related depreciation is included in depreciation expense.

Future annual minimum lease payments, sublease rental income commitments and capital lease commitments at October 31, 2011 were as follows:

	2012			2013			2014			2015			2016			Thereafter			Total

	In millions
Minimum lease payments	$	845		$	631		$	529		$	407		$	268		$	713		$	3,393
Less: Sublease rental income		(34	)		(27	)		(21	)		(15	)		(10	)		(3	)		(110	)

	$	811		$	604		$	508		$	392		$	258		$	710		$	3,283

Capital lease commitments	$	82		$	81		$	204		$	11		$	7		$	38		$	423
Less: Interest payments		(9	)		(4	)		(4	)		(3	)		(2	)		(15	)		(37	)

	$	73		$	77		$	200		$	8		$	5		$	23		$	386

At October 31, 2011, HP had unconditional purchase obligations of approximately $2.3 billion. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on HP 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. Unconditional purchase obligations exclude agreements that are cancelable without penalty. These unconditional purchase obligations are related principally to inventory and other items. Future unconditional purchase obligations at October 31, 2011 were as follows:

	2012		2013		2014		2015		2016		Thereafter		Total

	In millions
Unconditional purchase obligations	$	2,009	$	138	$	45	$	32	$	8	$	65	$	2,297