Leases (Tables)

12 Months Ended

Dec. 31, 2014

Rent expense for the three years ended December 31, 2014 was (in millions):



	2014			2013			2012
Office base rent	$	373.1		$	379.9		$	390.5
Third party sublease rent	(11.2		)	(10.6		)	(10.4		)
Net office rent	361.9			369.3			380.1
Equipment rent	27.9			33.1			36.3
	$	389.8		$	402.4		$	416.4

Future Minimum Lease Payments Under Non-Cancelable Operating and Capital Leases

Future minimum lease payments under non-cancelable operating leases, reduced by third party sublease rent receivable from existing non-cancelable subleases, and capital leases are (in millions):



	Operating Leases			Capital Leases
2015	$	351.3		$	24.0
2016	247.4			16.1
2017	194.4			9.0
2018	153.5			4.4
2019	133.7			3.1
Thereafter	529.0			2.1
Minimum lease payments	1,609.3			58.7
Sublease rent	(13.9		)
Net rent	$	1,595.4
Interest component				(1.5		)
Present value of minimum lease payments				$	57.2

Property Under Capital Lease and Capital Lease Obligations

Property under capital lease and capital lease obligations as of December 31, 2014 and 2013 were (in millions):



	2014			2013
Property under capital lease:
Cost	$	146.3		$	134.0
Accumulated depreciation	(90.6		)	(80.5		)
	$	55.7		$	53.5
Capital lease obligations:
Current	$	23.2		$	22.2
Long-term	34.0			33.2
	$	57.2		$	55.4