The future minimum lease payments for finance and operating leases and the present value of future minimum finance lease payments at December 31, by payment date are as follows:
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2017 |
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$ million |
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Finance leases |
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Operating leases |
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Future minimum lease payments |
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Interest |
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Present value of future minimum lease payments |
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Future minimum lease payments [A] |
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Less than 1 year |
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2,274 |
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|
|
1,190 |
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|
|
1,084 |
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4,793 |
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Between 1 and 5 years |
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8,246 |
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3,887 |
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4,359 |
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12,961 |
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5 years and later |
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15,043 |
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4,962 |
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10,081 |
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5,715 |
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Total |
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25,563 |
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10,039 |
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15,524 |
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23,469 |
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[A] Including $5,660 million in respect of drilling and ancillary equipment (see Note 8).
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2016 |
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$ million |
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Finance leases |
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Operating leases |
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Future minimum lease payments |
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Interest |
|
|
Present value of future minimum lease payments |
|
|
Future minimum lease payments [A] |
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||||
Less than 1 year |
|
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2,193 |
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|
1,070 |
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1,123 |
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4,805 |
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Between 1 and 5 years |
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7,727 |
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|
|
3,265 |
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|
|
4,462 |
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|
|
13,979 |
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5 years and later |
|
|
14,305 |
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|
|
5,031 |
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|
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9,274 |
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|
|
7,214 |
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Total |
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24,225 |
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9,366 |
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14,859 |
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25,998 |
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[A] Including $6,926 million in respect of drilling and ancillary equipment (see Note 8).