Leases

The Company leases manufacturing and warehouse facilities, real estate, transportation assets, and other equipment under non-cancelable operating leases, the majority of which expire at various dates through the year 2038. Rent expense for the years ended December 31, 2018, 2017, and 2016 was $310 million, $249 million, and $253 million, respectively. Future minimum rental payments for non-cancellable operating leases, including time charters of ocean going vessels, with initial or remaining terms in excess of one year are as follows:



	Minimum
	Rental Payments
	(In millions)
2019	$	214
2020	149
2021	121
2022	95
2023	52
Thereafter	177
Total minimum lease payments	$	808