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Leases and Capacity Purchase Agreements (Tables)
12 Months Ended
Dec. 31, 2016
Future Minimum Lease Payments for Capital and Operating Leases

At December 31, 2016, United’s scheduled future minimum lease payments under operating leases having initial or remaining noncancelable lease terms of more than one year, aircraft leases, including aircraft rent under CPAs and capital leases (substantially all of which are for aircraft) were as follows (in millions):

 

     Capital Leases      Facility and Other
Operating Leases
     Aircraft Operating
Leases
 

  2017

    $ 183        $ 1,256        $ 1,271   

  2018

     170         1,106         1,074   

  2019

     105         991         894   

  2020

     85         1,104         669   

  2021

     84         888         551   

  After 2021

     915         6,702         2,049   
  

 

 

    

 

 

    

 

 

 

  Minimum lease payments

    $ 1,542        $ 12,047        $ 6,508   
     

 

 

    

 

 

 

Imputed interest

     (604)        
  

 

 

       

Present value of minimum lease payments

     938         

Current portion

     (116)        
  

 

 

       

Long-term obligations under capital leases

    $ 822         
  

 

 

       

 

Future Lease Payment Under Terms of Capacity Purchase Agreement

Based on these assumptions as of December 31, 2016, our future payments through the end of the terms of our CPAs are presented in the table below (in billions):

 

2017

    $ 1.9   

2018

     1.9   

2019

     1.3   

2020

     1.0   

2021

     1.0   

After 2021

     4.3   
  

 

 

 
    $             11.4