As of November 30, 2015, our purchase commitments under various contracts for the remainder of 2016 and annually thereafter were as follows (in millions):

		Aircraft and
		Aircraft-Related		Other⁽¹⁾		Total

2016 (remainder)		$	228	$	258	$	486
2017			1,286		271		1,557
2018			1,755		157		1,912
2019			1,575		72		1,647
2020			1,646		24		1,670
Thereafter			5,867		98		5,965
Total		$	12,357	$	880	$	13,237

⁽¹⁾	Primarily equipment and advertising contracts.

The amounts reflected in the table above for purchase commitments represent noncancelable agreements to purchase goods or services. As of November 30, 2015, our obligation to purchase six Boeing 767-300 Freighter (“B767F”) aircraft and nine Boeing 777 Freighter (“B777F”) aircraft is conditioned upon there being no event that causes FedEx Express or its employees not to be covered by the RLA. Open purchase orders that are cancelable are not considered unconditional purchase obligations for financial reporting purposes and are not included in the table above.

We had $326 million in deposits and progress payments as of November 30, 2015 on aircraft purchases and other planned aircraft-related transactions. These deposits are classified in the “Other assets” caption of our consolidated balance sheets. Aircraft and aircraft-related contracts are subject to price escalations. The following table is a summary of the key aircraft we are committed to purchase as of November 30, 2015 with the year of expected delivery:

	B767F	B777F	Total

2016 (remainder)	2	-	2
2017	12	-	12
2018	16	2	18
2019	13	2	15
2020	12	3	15
Thereafter	26	9	35
Total	81	16	97

A summary of future minimum lease payments under noncancelable operating leases with an initial or remaining term in excess of one year at November 30, 2015 is as follows (in millions):

	Operating Leases
	Aircraft				Total
	and Related		Facilities		Operating
	Equipment		and Other		Leases

2016 (remainder)	$	393	$	868	$	1,261
2017		403		1,954		2,357
2018		332		1,544		1,876
2019		274		1,356		1,630
2020		190		1,192		1,382
Thereafter		360		7,668		8,028
Total	$	1,952	$	14,582	$	16,534

Future minimum lease payments under capital leases were immaterial at November 30, 2015. While certain of our lease agreements contain covenants governing the use of the leased assets or require us to maintain certain levels of insurance, none of our lease agreements include material financial covenants or limitations.