some operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments .
contingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant .
noncancelable future lease commitments are : in millions operating leases capital leases .

in millions
operating leases
capital leases
fiscal 2019
$ 137.4
$ 0.3
fiscal 2020
115.7
0.2
fiscal 2021
92.3
-
fiscal 2022
70.9
-
fiscal 2023
51.8
-
after fiscal 2023
91.2
-
total noncancelable future lease commitments
$ 559.3
$ 0.5
less : interest
-0.2 ( 0.2 )
present value of obligations under capitalleases
$ 0.3

depreciation on capital leases is recorded as depreciation expense in our results of operations .
as of may 27 , 2018 , we have issued guarantees and comfort letters of $ 540.8 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 167.3 million for the debt and other obligations of non-consolidated affiliates , mainly cpw .
in addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 559.3 million as of may 27 , 2018 .
note 16 .
business segment and geographic information we operate in the packaged foods industry .
on april 24 , 2018 , we acquired blue buffalo , which became our pet operating segment .
in the third quarter of fiscal 2017 , we announced a new global organization structure to streamline our leadership , enhance global scale , and drive improved operational agility to maximize our growth capabilities .
this global reorganization required us to reevaluate our operating segments .
under our new organization structure , our chief operating decision maker assesses performance and makes decisions about resources to be allocated to our operating segments as follows : north america retail ; convenience stores & foodservice ; europe & australia ; asia & latin america ; and pet .
our north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce grocery providers .
our product categories in this business segment are ready-to-eat cereals , refrigerated yogurt , soup , meal kits , refrigerated and frozen dough products , dessert and baking mixes , frozen pizza and pizza snacks , grain , fruit and savory snacks , and a wide variety of organic products including refrigerated yogurt , nutrition bars , meal kits , salty snacks , ready-to-eat cereal , and grain snacks .
our major product categories in our convenience stores & foodservice operating segment are ready-to-eat cereals , snacks , refrigerated yogurt , frozen meals , unbaked and fully baked frozen dough products , and baking mixes .
many products we sell are branded to the consumer and nearly all are branded to our customers .
we sell to distributors and operators in many customer channels including foodservice , convenience stores , vending , and supermarket bakeries in the united states .
our europe & australia operating segment reflects retail and foodservice businesses in the greater europe and australia regions .
our product categories include refrigerated yogurt , meal kits , super-premium ice cream , refrigerated and frozen dough products , shelf stable vegetables , grain snacks , and dessert and baking mixes .
we .

Question: what portion of the total noncancelable future lease commitments are due in fiscal year of 2019?
Answer: 24.6%
Calculation: divide(137.4, 559.3)