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LEASED PROPERTY

12 Months Ended

Dec. 31, 2013

Leases of Lessee Disclosure [Text Block]

LEASED PROPERTY

The Corporation has leases primarily for facilities and distribution equipment. The future minimum rental payments under leases with remaining noncancelable terms in excess of one year are as follows:



Minimum Lease Commitments at December 31, 2013 In millions
2014	$	7
2015	6
2016	4
2017	3
2018	3
2019 and thereafter	21
Total	$	44

Rental expenses under leases were $31 million in 2013, $35 million in 2012 and $31 million in 2011.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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