Divided Skies (the Company) leases aircraft, airport passenger terminal space, aircraft hangars and related maintenance facilities, cargo terminals, other airport facilities, real estate, oce and computer equipment, and vehicles. Portions of the Divided Skies liability section of its Year 8 annual report and portions of Note 10 (adapted) are provided below.

Balance Sheet Liabilities at Dec. 31, $ millions	Year 8	Year 7
Current obligations under finance leases	$229	$222
Long-term obligations under finance leases	2,747	2,183

Note 10: Lease Obligations Payable during, $ millions	Finance Leases
Year 9	$412
Year 10	400
Year 11	519
Year 12	443
Year 13	315
After Year 13	2,287
Total lease payments	4,376
Imputed interest (at rates of 5.3% to 12.2%)	(1,400)
Lease liability	2,976
Current portion	(229)
Long-term obligations under finance leases	$2,747

The statement of cash ows reports principal payments under nance lease obligations of $419 million.

Required

a. What was the value of the equipment acquired under finance lease obligations in Year 8? Value of equipment acquired: $Answer million.

b. What principal was paid on these new leases in Year 8? Note: Do not use a negative sign with your answer. Pricipal payments on new leases: $Answer million.