Question: Hershey Co. disclosed the following minimum rental commitments under non-cancelable operating leases in its 2014 annual report: Minimum operating lease payments Amount (in millions) 2015
Hershey Co. disclosed the following minimum rental commitments under non-cancelable operating leases in its 2014 annual report:
| Minimum operating lease payments |
| Amount (in millions) |
| 2015 |
| $ 86 |
| 2016 |
| 56 |
| 2017 |
| 44 |
| 2018 |
| 36 |
| 2019 |
| 32 |
| Thereafter |
| 30 |
| Total |
| $284 |
What is the present value of these operating lease payments, assuming a 6% discount rate?
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