Cabela's disclosed the following minimum rental commitments under non-cancelabel operating leases in its 2013 annual report (in millions)

Year Operating Lease

2014$16,035

2015$20,956

2016$20,489

2017$20,098

2018 $26,516

Thereafter$269,619

Total$373,713

What is the approximate present value of the minimum lease payments? Assume a discount rate of 6.1% and assume that payments after 2018 are made evenly over 10 years.