The net asset property under capital lease has a 2014 balance of $2,543 million ($5,589 - 3,046). Liabilities for capital leases total $3,097 ($309 + 2,788). Why do the asset and liability amounts differ? Prepare a 2014 summary entry to record Company X lease payments, which were $600 million.

Balance Sheet (In Millions)
	2014	2015
Assets
Property:
Property under capital lease	$5,589	$5,589
Less: Accumulated amortization	($3,046)	($3,147)
Liabilities
Current liabilities:
Obligations under capital leases due within 1 year	$309	$327
Long-term debt:
Long-term obligations under capital leases	$2,788	$3,023