35 Future commitments
Commitments for future capital expenditures
Firm contractual commitments for future investments in property, plant and equipment and other intangible assets as of 31 December 2015 aggregated CHF 886 million (prior year: CHF 1,004 million).
Operating leases
Operating leases relate primarily to the rental of real estate for business purposes. See Note 26. In 2015, payments for operating leases amounted to CHF 314 million (prior year: CHF 316 million). Future minimum lease payments in respect of operating lease contracts are as follows:
| In CHF million | 31.12.2015 | 31.12.2014 | ||
|---|---|---|---|---|
| Within 1 year | 150 | 153 | ||
| Within 1 to 2 years | 140 | 136 | ||
| Within 2 to 3 years | 117 | 120 | ||
| Within 3 to 4 years | 101 | 104 | ||
| Within 4 to 5 years | 89 | 91 | ||
| After 5 years | 372 | 455 | ||
| Total future minimum lease payments | 969 | 1,059 |