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Commitments
12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Commitments Commitments
 
The Company leases land, gasoline stations, and other facilities under operating leases.  During the next five years, expected future rental payments under all operating leases are approximately $16.8 million in 2021, $15.9 million in 2022, $15.4 million in 2023, $14.9 million in 2024, and $14.2 million in 2025.  Rental expense for noncancellable operating leases, including contingent payments when applicable, was $24.9 million in 2020, $21.6 million in 2019 and $15.2 million in 2018. 
 
Commitments for capital expenditures were approximately $286.8 million at December 31, 2020, including $278.3 million approved for potential construction of future Murphy USA and Murphy Express gasoline stations (including land) at year-end, along with $4.1 million for improvements of existing stations, to be financed with our operating cash flow and/or incurrence of indebtedness.
The Company has certain take-or-pay contracts primarily to supply terminals with a noncancellable remaining term of 9.8 years. At December 31, 2020, our minimum annual payments under our take-or-pay contracts are estimated to be $9.1 million in 2021 and $4.0 million in 2022, $4.0 million in 2023, $4.0 million in 2024, and $4.0 million in 2025.