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Hershey Co. disclosed the following minimum rental commitments under non-cancelable operating leases in its 2014 annual report: Minimum operating lease payments Amount (in millions) 2015
Hershey Co. disclosed the following minimum rental commitments under non-cancelable operating leases in its 2014 annual report:
Minimum operating lease payments |
| Amount (in millions) |
2015 |
| $ 86 |
2016 |
| 56 |
2017 |
| 44 |
2018 |
| 36 |
2019 |
| 32 |
Thereafter |
| 30 |
Total |
| $284 |
What is the present value of these operating lease payments, assuming a 6% discount rate?
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