Leased Facilities

12 Months Ended

Dec. 31, 2013

Leased Facilities [Abstract]

Leased Facilities

11. Leased Facilities

At December 31, 2013, the Corporation and its consolidated subsidiaries held noncancelable operating charters and leases covering drilling equipment, tankers, service stations and other properties with minimum undiscounted lease commitments totaling $7,438 million as indicated in the table. Estimated related rental income from noncancelable subleases is $95 million.

		Related
	Lease Payments	Sublease
	Under Minimum	Rental
	Commitments	Income
	(millions of dollars)
2014	2,391	33
2015	1,724	29
2016	1,036	7
2017	481	5
2018	289	2
2019 and beyond	1,517	19
Total	7,438	95

Net rental cost under both cancelable and noncancelable operating leases incurred during 2013, 2012 and 2011 were as follows:

	2013	2012	2011
	(millions of dollars)
Rental cost	3,841	3,851	4,061
Less sublease rental income	44	44	74
Net rental cost	3,797	3,807	3,987