Symantec 2013 Annual Report Download - page 186

SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)
The following is a schedule by fiscal years of minimum future rentals on noncancelable operating leases as
of March 29, 2013 (in millions):
2014 ........................................................................ $ 97
2015 ........................................................................ 72
2016 ........................................................................ 59
2017 ........................................................................ 48
2018 ........................................................................ 40
Thereafter ................................................................... 104
Total minimum future lease payments ............................................. $420
Less: sublease income .......................................................... 3
Total minimum future lease payments, net .......................................... $417
Purchase obligations
We have purchase obligations that are associated with agreements for purchases of goods or services.
Management believes that cancellation of these contracts is unlikely and we expect to make future cash payments
according to the contract terms. The following reflects unrecognized purchase obligations by fiscal years, as of
March 29, 2013 (in millions):
2014 ....................................................................... $391
2015 ....................................................................... 21
2016 ....................................................................... 22
2017 ....................................................................... 5
2018 ....................................................................... 1
Thereafter ................................................................... —
Total purchase obligations ...................................................... $440
Indemnification
In the ordinary course of business, we may provide indemnifications of varying scope and terms to
customers, vendors, lessors, business partners, subsidiaries and other parties with respect to certain matters,
including, but not limited to, losses arising out of our breach of agreements or representations and warranties
made by us. In addition, our bylaws contain indemnification obligations to our directors, officers, employees and
agents, and we have entered into indemnification agreements with our directors and certain of our officers to give
such directors and officers additional contractual assurances regarding the scope of the indemnification set forth
in our bylaws and to provide additional procedural protections. We maintain director and officer insurance,
which may cover certain liabilities arising from our obligation to indemnify our directors and officers. It is not
possible to determine the aggregate maximum potential loss under these indemnification agreements due to the
limited history of prior indemnification claims and the unique facts and circumstances involved in each particular
agreement. Such indemnification agreements might not be subject to maximum loss clauses. Historically, we
have not incurred material costs as a result of obligations under these agreements and we have not accrued any
liabilities related to such indemnification obligations in our Consolidated Financial Statements.
We provide limited product warranties and the majority of our software license agreements contain
provisions that indemnify licensees of our software from damages and costs resulting from claims alleging that
88