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Non-Mineral Leases (Tables)
12 Months Ended
Dec. 31, 2011
Future Minimum Rental Payments Due under Noncancelable Leases

At December 31, 2011, future minimum rental payments due under noncancelable leases related to continuing and discontinued operations were:

 

     Millions
of Dollars
 

2012

   $ 767   

2013

     519   

2014

     382   

2015

     300   

2016

     202   

Remaining years

     591   
  

 

 

 

Total

     2,761   

Less income from subleases

     132
  

 

 

 

Net minimum operating lease payments

   $ 2,629   
  

 

 

 

 

* Includes $64 million related to subleases to related parties.
Operating Leases Rental Expense

Operating lease rental expense included in continuing operations for the years ended December 31 was:

 

     Millions of Dollars  
     2011     2010     2009  

Total rentals*

   $ 304        267        259   

Less sublease rentals

     (14     (14     (18
  

 

 

   

 

 

   

 

 

 
   $ 290        253        241   
  

 

 

   

 

 

   

 

 

 

 

* Includes $29 million, $16 million and $15 million of contingent rentals in 2011, 2010 and 2009, respectively. Contingent rentals primarily are related to drilling equipment and are based on usage or volume of product sold.