Commitments

Lease Commitments

The Company leases certain real and personal property under non-cancelable operating leases. Certain leases require the Company to pay property taxes, insurance and routine maintenance and include renewal options and escalation clauses. Rent expense on operating leases was approximately $0.7 billion in fiscal 2016 and fiscal 2015 and approximately $0.8 billion in fiscal 2014.

Property under capital leases is comprised primarily of equipment and furniture. Capital lease assets included in Property, plant and equipment in the Consolidated Balance Sheets were $173 million and $203 million as of October 31, 2016 and 2015, respectively. Accumulated depreciation on the property under capital lease was $161 million and $186 million as of October 31, 2016 and 2015, respectively.

As of October 31, 2016, future minimum lease commitments on the Company's operating leases were as follows:



Fiscal Year	In millions
2017	$	557
2018	464
2019	333
2020	257
2021	185
Thereafter	594
Less: Sublease rental income	(169		)
Total	$	2,221

Unconditional Purchase Obligations

At October 31, 2016, the Company had unconditional purchase obligations of approximately $1.8 billion. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on the Company and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. These unconditional purchase obligations are related principally to software maintenance and support services and other items. Unconditional purchase obligations exclude agreements that are cancelable without penalty.

As of October 31, 2016, future unconditional purchase obligations were as follows:



Fiscal Year	In millions
2017	$	537
2018	529
2019	419
2020	175
2021	122
Thereafter	16
Total	$	1,798