Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of future minimum lease payments for capital leases

The following tables summarize our minimum rental commitments under capital leases and noncancelable operating leases (including certain aircraft flown by regional carriers) with initial or remaining terms in excess of one year for the years succeeding December 31, 2015:

Capital Leases



(in millions)	Total
2016	$	183
2017	114
2018	56
2019	41
2020	29
Thereafter	39
Total minimum lease payments	462
Less: amount of lease payments representing interest	(79		)
Present value of future minimum capital lease payments	383
Less: current obligations under capital leases	(148		)
Long-term capital lease obligations	$	235

Schedule of future minimum rental payments for operating leases

Operating Leases



(in millions)	Delta Lease Payments⁽¹⁾		Contract Carrier Aircraft Lease Payments⁽²⁾		Total
2016	$	1,258	$	325	$	1,583
2017	1,105		335		1,440
2018	993		314		1,307
2019	899		259		1,158
2020	814		239		1,053
Thereafter	5,839		381		6,220
Total minimum lease payments	$	10,908	$	1,853	$	12,761


⁽¹⁾	Includes payments accounted for as construction obligations.


⁽²⁾	Represents the minimum lease obligations under our contract carrier agreements with Compass Airlines, LLC, ExpressJet Airlines, Inc., GoJet Airlines, LLC, Shuttle America Corporation (“Shuttle America”) and SkyWest Airlines, Inc.