Festival Corp. disclosed the following lease information in its 2016 annual report (in millions).

Aggregate expected maturities of long-term debt and scheduled capital lease payments for the years shown are as follows:

	Scheduled Capital Lease Payments	Long-Term Debt Maturities
2017	$ 2,000	$ 16,286
2018	2,000	16,286
2019	2,000	16,286
2020	2,000	446,286
2021	2,000	136,286
Thereafter	37,000	16,284
	47,000	647,714
Capital lease amount representing interest	(21,644)
Present value of net scheduled lease payments	$ 25,356	25,356
Total long-term debt and capital leases		$673,070

What lease liability does Festival's report on its balance sheet at December 31, 2016?