Analyzing and Interpreting Footnote on Both Operating and Capital Leases Verizon Communications Inc. provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2014, are: (in millions) 2015 2016 2017 2018 2019 Capital Leases Operating Leases $2,499 2,245 1,960 1,660 1,369 4,670 $181 137 113 68 39 60 Thereafter Total minimum rental commitments 598 $14,403