Analyzing and Interpreting Footnote on Both Operating and Capital Leases Verizon Communications Inc. provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2014, are:

(in millions)	Capital Leases	Operating Leases
2015	$181	$2,499
2016	137	2,245
2017	113	1,960
2018	68	1,660
2019	39	1,369
Thereafter	60	4,670
Total minimum rental commitments	598	$14,403
Less interest and executory costs	82
Present value of minimum lease payments	516
Less current installments	158
Long-term obligation at December 31, 2014	$358

Estimate the present value of Verizon's operating leases using a 5% discount rate. Round to the nearest whole number. ______________