CAPITAL AND OPERATING LEASES

Lessee - Operating Lease — The Registrants lease various assets under operating leases, including coal railcars, office buildings, a warehouse, computers, vehicles, and other equipment. The lease arrangements expire at various dates through 2046.

The Registrants' future minimum lease payments under non-cancelable leases at December 31, 2015 were:



	DTE Energy		DTE Electric
	Operating Leases		Operating Leases
	(In millions)
2016	$	37	$	24
2017	30		18
2018	25		15
2019	21		14
2020	13		10
Thereafter	71		35
Total minimum lease payments	$	197	$	116

Rental expense for DTE Energy operating leases was $43 million in 2015, $38 million in 2014, and $34 million in 2013, including rental expense for DTE Electric operating leases of $32 million in 2015, $26 million in 2014, and $28 million in 2013.

Lessor - Capital Lease — DTE Energy leases a portion of its pipeline system to the Vector Pipeline through a capital lease contract that expires in 2020, with renewal options extending for five years. DTE Energy owns a 40% interest in the Vector Pipeline. In addition, DTE Energy has an energy services agreement, a portion of which is accounted for as a capital lease. The agreement expires in 2019, with a three or five year renewal option. The components of DTE Energy's net investment in capital leases at December 31, 2015, were as follows:



	DTE Energy
	Capital Leases
	(In millions)
2016	$	13
2017	13
2018	13
2019	10
2020	9
Thereafter	—
Total minimum future lease receipts	58
Residual value of leased pipeline	40
Less unearned income	(27		)
Net investment in capital lease	71
Less current portion	(6		)
	$	65