Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2014

Future Minimum Lease payments for Non-cancelable Operating Leases

Minimum annual lease commitments as of December 31, 2014, for all non-cancelable operating leases with a term of one year or more are as follows:

TABLE 67: MINIMUM LEASE PAYMENTS

(In Millions)	FUTURE MINIMUM LEASE PAYMENTS
2015	$	90.7
2016		86.0
2017		80.2
2018		70.5
2019		61.8
Later Years		291.4
Total Minimum Lease Payments		680.6
Less: Sublease Rentals		(24.0	)
Net Minimum Lease Payments	$	656.6

Future Minimum Lease Payments for Capital Leases

The following table reflects the future minimum lease payments required under capital leases, net of any payments received on the long-term financing, and the present value of net capital lease obligations at December 31, 2014.

TABLE 68: PRESENT VALUE UNDER CAPITAL LEASE OBLIGATIONS

(In Millions)	FUTURE MINIMUM LEASE PAYMENTS, NET
2015	$	8.3
2016		8.0
2017		8.2
2018		8.4
2019		8.7
Later Years		(1.7	)
Total Minimum Lease Payments, net		39.9
Less: Amount Representing Interest		(8.1	)
Net Present Value under Capital Lease Obligations	$	31.8