Leases and Lease Commitments

12 Months Ended

Dec. 31, 2015

Leases [Abstract]

Leases and Lease Commitments

15.Leases and Lease Commitments

Total rental expense was $1.6 billion in 2015, $2.1 billion in 2014, and $1.9 billion in 2013.

Future minimum rental commitments under noncancelable operating leases for each of the next five years are as follows:

(Stated in millions)
2016......................................................	$	261
2017......................................................		205
2018......................................................		162
2019......................................................		145
2020......................................................		129
Thereafter..................................................		526
	$	1,428