Allegheny Power 2013 Annual Report Download - page 116

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101
The future minimum capital lease payments as of December 31, 2013 are as follows:
Capital leases FirstEnergy FES
(In millions)
2014 $ 40 $ 6
2015 38 6
2016 34 5
2017 30 5
2018 23 2
Years thereafter 57 —
Total minimum lease payments 222 24
Interest portion (34) (2)
Present value of net minimum lease payments 188 22
Less current portion 34 5
Noncurrent portion $ 154 $ 17
FirstEnergy's future minimum consolidated operating lease payments as of December 31, 2013, are as follows:
FirstEnergy
Operating Leases Lease Payments Capital Trust Net
(In millions)
2014 $ 250 $ 48 $ 202
2015 245 40 205
2016 213 13 200
2017 128 3 125
2018 126 — 126
Years thereafter 1,564 — 1,564
Total minimum lease payments $ 2,526 $ 104 $ 2,422
FES' future minimum operating lease payments as of December 31, 2013, are as follows:
Operating Leases Lease Payments
(In millions)
2014 $ 143
2015 142
2016 130
2017 82
2018 101
Years thereafter 1,480
Total minimum lease payments $ 2,078