Leases

The composition of net rent expense for all operating leases, including leases of property and equipment, was as follows in fiscal 2018, 2017 and 2016 ($ in millions):



	2018			2017			2016
Minimum rentals	$	797		$	789		$	797
Contingent rentals	1			1			1
Total rent expense	798			790			798
Less: sublease income	(16		)	(16		)	(15		)
Net rent expense	$	782		$	774		$	783

The future minimum lease payments under our capital, financing and operating leases by fiscal year (not including contingent rentals) at February 3, 2018, were as follows ($ in millions):



Fiscal Year	Capital Leases			Financing Leases			Operating Leases⁽¹⁾
2019	$	7		$	47		$	791
2020	4			43			669
2021	3			36			533
2022	2			28			396
2023	2			18			257
Thereafter	9			47			400
Total minimum lease payments	27			219			$	3,046
Less amount representing interest	(5		)	(28		)
Present value of minimum lease payments	22			191
Less current maturities	(7		)	(39		)
Present value of minimum lease payments, less current maturities	$	15		$	152


(1)	Operating lease obligations do not include payments to landlords covering real estate taxes and common area maintenance. These charges, if included, would increase total operating lease obligations by $0.9 billion at February 3, 2018.

Total minimum lease payments have not been reduced by minimum sublease rent income of approximately $69 million due under future noncancelable subleases.