Leases

The Company is committed to noncancellable leases with remaining terms generally from one to 10 years. A substantial portion of the Company’s leases consist of store leases generally with an initial term of 10 years. Annual store rent consists of a fixed minimum amount and/or contingent rent based on a percentage of sales exceeding a stipulated amount. Store lease terms generally require additional payments covering certain operating costs such as common area maintenance, utilities, insurance and taxes. These additional payments are excluded from the table below.

The following table provides rent expense for 2017, 2016 and 2015:



	2017			2016			2015
	(in millions)
Store Rent:
Fixed Minimum	$	642		$	607		$	535
Contingent	67			71			73
Total Store Rent	709			678			608
Office, Equipment and Other	94			87			77
Gross Rent Expense	803			765			685
Sublease Rental Income	(2		)	(2		)	(2		)
Total Rent Expense	$	801		$	763		$	683

The following table provides the Company’s minimum rent commitments under noncancellable operating leases in the next five fiscal years and the remaining years thereafter:



Fiscal Year (in millions) (a)
2018	$	730
2019	695
2020	663
2021	617
2022	543
Thereafter	$	2,080

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(a)	Excludes additional payments covering taxes, common area costs and certain other expenses generally required by store lease terms.