Rental expense and commitments

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Rental expense and income from subleases for the three years ended December 31, 2017 were as follows:



Year ended December 31,	2017		2016		2015
Rental expense, less income from subleases	$	71.7	$	77.4	$	80.6
Income from subleases	$	4.4	$	7.8	$	9.1

Minimum net rental commitments under noncancelable operating leases, including idle leases, outstanding at December 31, 2017, substantially all of which relate to real properties, were as follows:



Year
2018	$	47.4
2019	41.3
2020	32.9
2021	21.5
2022	16.2
Thereafter	39.4
Total	$	198.7

Such rental commitments have been reduced by minimum sublease rentals of $7.2 million, due in the future under noncancelable subleases.

At December 31, 2017, the company had outstanding standby letters of credit and surety bonds totaling approximately $318 million related to performance and payment guarantees. On the basis of experience with these arrangements, the company believes that any obligations that may arise will not be material. In addition, at December 31, 2017, the company had deposits and collateral of approximately $14 million in other long-term assets, principally related to tax contingencies in Brazil.