Kroger 2010 Annual Report Download - page 135

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A-55
NO T E S T O CO N S O L I D A T E D FI N A N C I A L ST A T E M E N T S , CO N T I N U E D
Rent expense (under operating leases) consists of:
2010 2009 2008
Minimum rentals ...................................... $ 749 $ 748 $ 762
Contingent payments .................................. 11 11 12
Tenant income ....................................... (109) (111) (115)
Total rent expense .................................. $ 651 $ 648 $ 659
Minimum annual rentals and payments under capital leases and lease-financed transactions for the
five years subsequent to 2010 and in the aggregate are:
Capital
Leases
Operating
Leases
Lease-
Financed
Transactions
2011 ...................................................... $ 60 $ 741 $ 5
2012 ...................................................... 50 698 5
2013 ...................................................... 47 651 6
2014 ...................................................... 43 597 6
2015 ...................................................... 38 529 7
Thereafter ................................................. 186 2,498 108
424 $ 5,714 $137
Less estimated executory costs included in capital leases ............
Net minimum lease payments under capital leases ................. 424
Less amount representing interest .............................. (160)
Present value of net minimum lease payments under capital leases .... $ 264
Total future minimum rentals under noncancellable subleases at January 29, 2011, were $276.