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These excerpts taken from the MAS 10-K filed Feb 17, 2009. H. PROPERTY
AND EQUIPMENT
The Company leases certain equipment and plant facilities under
noncancellable operating leases. Rental expense recorded in the
consolidated statements of income totaled approximately
$161 million, $166 million and $163 million
during 2008, 2007 and 2006, respectively. Future minimum lease
payments at December 31, 2008 were approximately as
follows: 2009 – $94 million; 2010 –
$65 million; 2011 – $42 million;
2012 – $24 million; and 2013 and
beyond – $101 million.
The Company leases operating facilities from certain related
parties, primarily former owners (and in certain cases, current
management personnel) of companies acquired. The Company
recorded rental expense to such related parties of approximately
$10 million, $7 million and $9 million in 2008,
2007 and 2006, respectively.
H. PROPERTY
AND EQUIPMENT
The Company leases certain equipment and plant facilities under
noncancellable operating leases. Rental expense recorded in the
consolidated statements of income totaled approximately
$161 million, $166 million and $163 million
during 2008, 2007 and 2006, respectively. Future minimum lease
payments at December 31, 2008 were approximately as
follows: 2009 – $94 million; 2010 –
$65 million; 2011 – $42 million;
2012 – $24 million; and 2013 and
beyond – $101 million.
The Company leases operating facilities from certain related
parties, primarily former owners (and in certain cases, current
management personnel) of companies acquired. The Company
recorded rental expense to such related parties of approximately
$10 million, $7 million and $9 million in 2008,
2007 and 2006, respectively.
H. PROPERTY
AND EQUIPMENT
The Company leases certain equipment and plant facilities under
noncancellable operating leases. Rental expense recorded in the
consolidated statements of income totaled approximately
$161 million, $166 million and $163 million
during 2008, 2007 and 2006, respectively. Future minimum lease
payments at December 31, 2008 were approximately as
follows: 2009 – $94 million; 2010 –
$65 million; 2011 – $42 million;
2012 – $24 million; and 2013 and
beyond – $101 million.
The Company leases operating facilities from certain related
parties, primarily former owners (and in certain cases, current
management personnel) of companies acquired. The Company
recorded rental expense to such related parties of approximately
$10 million, $7 million and $9 million in 2008,
2007 and 2006, respectively.
H. PROPERTY AND EQUIPMENT
The Company leases certain equipment and plant facilities under noncancellable operating leases. Rental expense recorded in the consolidated statements of income totaled approximately $161 million, $166 million and $163 million during 2008, 2007 and 2006, respectively. Future minimum lease payments at December 31, 2008 were approximately as follows: 2009 – $94 million; 2010 – $65 million; 2011 – $42 million; 2012 – $24 million; and 2013 and beyond – $101 million. The Company leases operating facilities from certain related parties, primarily former owners (and in certain cases, current management personnel) of companies acquired. The Company recorded rental expense to such related parties of approximately $10 million, $7 million and $9 million in 2008, 2007 and 2006, respectively. H. PROPERTY AND EQUIPMENT
The Company leases certain equipment and plant facilities under noncancellable operating leases. Rental expense recorded in the consolidated statements of income totaled approximately $161 million, $166 million and $163 million during 2008, 2007 and 2006, respectively. Future minimum lease payments at December 31, 2008 were approximately as follows: 2009 – $94 million; 2010 – $65 million; 2011 – $42 million; 2012 – $24 million; and 2013 and beyond – $101 million. The Company leases operating facilities from certain related parties, primarily former owners (and in certain cases, current management personnel) of companies acquired. The Company recorded rental expense to such related parties of approximately $10 million, $7 million and $9 million in 2008, 2007 and 2006, respectively. H. PROPERTY AND EQUIPMENT
The Company leases certain equipment and plant facilities under noncancellable operating leases. Rental expense recorded in the consolidated statements of income totaled approximately $161 million, $166 million and $163 million during 2008, 2007 and 2006, respectively. Future minimum lease payments at December 31, 2008 were approximately as follows: 2009 – $94 million; 2010 – $65 million; 2011 – $42 million; 2012 – $24 million; and 2013 and beyond – $101 million. The Company leases operating facilities from certain related parties, primarily former owners (and in certain cases, current management personnel) of companies acquired. The Company recorded rental expense to such related parties of approximately $10 million, $7 million and $9 million in 2008, 2007 and 2006, respectively. H. PROPERTY AND EQUIPMENT
The Company leases certain equipment and plant facilities under noncancellable operating leases. Rental expense recorded in the consolidated statements of income totaled approximately $161 million, $166 million and $163 million during 2008, 2007 and 2006, respectively. Future minimum lease payments at December 31, 2008 were approximately as follows: 2009 – $94 million; 2010 – $65 million; 2011 – $42 million; 2012 – $24 million; and 2013 and beyond – $101 million. The Company leases operating facilities from certain related parties, primarily former owners (and in certain cases, current management personnel) of companies acquired. The Company recorded rental expense to such related parties of approximately $10 million, $7 million and $9 million in 2008, 2007 and 2006, respectively. | EXCERPTS ON THIS PAGE:
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