Commitments (Tables)

12 Months Ended

Jan. 31, 2017

Aggregate minimum annual rentals under non-cancelable leases

Aggregate minimum annual rentals at January 31, 2017, under non-cancelable leases are as follows:



(Amounts in millions)
Fiscal Year	Operating Leases⁽¹⁾		Capital Lease and Financing Obligations
2018	$	2,270	$	894
2019	1,787		838
2020	1,679		786
2021	1,524		743
2022	1,342		652
Thereafter	9,537		4,996
Total minimum rentals	$	18,139	$	8,909
Less estimated executory costs			30
Net minimum lease payments			8,879
Noncash gain on future termination of financing obligation			1,061
Less imputed interest			(3,372		)
Present value of minimum lease payments			$	6,568


(1)	Represents minimum contractual obligation for non-cancelable leases with initial or remaining terms greater than 12 months as of January 31, 2017.

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details