Leases and Other Commitment

12 Months Ended

Dec. 30, 2017

LEASES AND OTHER COMMITMENTS

The Company’s leases are generally for equipment and warehouse space. Rent expense on all operating leases was (in millions): 2017-$195; 2016-$176; 2015-$189. During 2017, 2016 and 2015, the Company entered into less than $1 million in capital lease agreements.

At December 30, 2017, future minimum annual lease commitments under non-cancelable operating and capital leases were as follows:



(millions)	Operating leases		Capital leases
2018	127		1
2019	89		1
2020	61		1
2021	49		—
2022	40		—
2023 and beyond	89		—
Total minimum payments	$	455	$	3
Amount representing interest			—
Obligations under capital leases			3
Obligations due within one year			(1		)
Long-term obligations under capital leases			$	2

The Company has provided various standard indemnifications in agreements to sell and purchase business assets and lease facilities over the past several years, related primarily to pre-existing tax, environmental, and employee benefit obligations. Certain of these indemnifications are limited by agreement in either amount and/or term and others are unlimited. The Company has also provided various “hold harmless” provisions within certain service type agreements. Because the Company is not currently aware of any actual exposures associated with these indemnifications, management is unable to estimate the maximum potential future payments to be made. At December 30, 2017, the Company had not recorded any liability related to these indemnifications.