Leases (Tables)

12 Months Ended

Dec. 31, 2013

Future Minimum Annual Rental Commitments Required Under Non-Cancelable Leases

The following table presents the future minimum annual rental commitments required under non-cancelable leases for which we are the lessee (in millions):

	As of December 31, 2013
	Capital		Operating
	Leases		Leases
2014	$	1	$	45
2015		1		43
2016		—		42
2017		—		42
2018		—		41
Thereafter		—		1,591
Total minimum lease payments	$	2	$	1,804

Rent Expense

Rent expense is included in other property-level expenses on our consolidated statements of operations and consists of (in millions):

	Year ended December 31,
	2013			2012			2011
Minimum rentals on operating leases	$	50		$	117		$	114
Additional rentals based on sales		32			31			26
Rental payments based on real estate tax assessments		24			23			22
Less: sublease rentals		(3	)		(3	)		(3	)
	$	103		$	168		$	159