Analyzing and Capitalizing Operating Lease Payments Disclosed in Footnotes Assume Costco Wholesale Corporation discloses the following in footnotes to its 10-K report relating to its leasing activities. Future minimum payments during the next five fiscal years and thereafter under non-cancelable leases with terms of at least one year, at August 31, 2010, were as follows ($ millions):

2011	$ 146
2012	148
2013	142
2014	130
2015	129
Thereafter	1,457
Total minimum payments	$ 2,152

Operating leases are not reflected on-balance-sheet. In our analysis of a company, we often capitalize these operating leases, that is, add the present value of the future operating lease payments to both the reported assets and liabilities. (a) Compute the present value of Costco's operating lease payments assuming a 9% discount rate and round the remaining lease term to the nearest whole year. (Use a financial calculator or Excel to compute. Do not round until your final answers. Round each answer to the nearest whole number.)

($ millions)	Present Value
Year 1	$134
Year 2	125
Year 3	110
Year 4	92
Year 5	84
After 5	????
Total*	$???