Leases (Tables)

12 Months Ended

Dec. 31, 2018

Leases [Abstract]

Schedule of rental expense

The following table is a summary of the Company’s net rental expense for operating leases for the years ended December 31:

In millions	2018			2017			2016
Minimum rentals	$	2,528		$	2,455		$	2,418
Contingent rentals	28			29			35
Rental expense	2,556			2,484			2,453
Less: sublease income	(21		)	(24		)	(24		)
Total rental expense, net	$	2,535		$	2,460		$	2,429

Schedule of future minimum lease payments for capital leases

The following table is a summary of the future minimum lease payments under capital and operating leases as of December 31, 2018:

	Capital			Operating
In millions	Leases			Leases(1)
2019	$	74		$	2,690
2020	73			2,544
2021	73			2,399
2022	73			2,233
2023	73			2,110
Thereafter	875			16,004
Total future lease payments (2)	1,241			$	27,980
Less: imputed interest	(599		)
Present value of capital lease obligations	$	642

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(1) Future operating lease payments have not been reduced by minimum sublease rentals of $164 million due in the future under noncancelable subleases.

(2)

The Company leases pharmacy and clinic space from Target. Amounts related to such capital and operating leases are reflected above. Amounts due in excess of the remaining estimated economic life of the buildings of approximately $2.1 billion are not reflected herein since the estimated economic life of the buildings is shorter than the contractual term of the lease arrangement.

Schedule of future minimum lease payments for operating leases

The following table is a summary of the future minimum lease payments under capital and operating leases as of December 31, 2018:

	Capital			Operating
In millions	Leases			Leases(1)
2019	$	74		$	2,690
2020	73			2,544
2021	73			2,399
2022	73			2,233
2023	73			2,110
Thereafter	875			16,004
Total future lease payments (2)	1,241			$	27,980
Less: imputed interest	(599		)
Present value of capital lease obligations	$	642

^{_____________________________________________} 

(1) Future operating lease payments have not been reduced by minimum sublease rentals of $164 million due in the future under noncancelable subleases.

(2)

The Company leases pharmacy and clinic space from Target. Amounts related to such capital and operating leases are reflected above. Amounts due in excess of the remaining estimated economic life of the buildings of approximately $2.1 billion are not reflected herein since the estimated economic life of the buildings is shorter than the contractual term of the lease arrangement.