Other Off-Balance Sheet Commitments Lease Commitments The Company leases various equipment and facilities, including retail space, under noncancelable operating lease arrangements.
The Company does not currently utilize any other off-balance sheet financing arrangements.
The major facility leases are typically for terms not exceeding 10 years and generally provide renewal options for terms not exceeding five additional years.
Leases for retail space are for terms ranging from five to 20 years, the majority of which are for 10 years, and often contain multi-year renewal options.
As of September 29, 2012, the Company’s total future minimum lease payments under noncancelable operating leases were $4.4 billion, of which $3.1 billion related to leases for retail space.
Rent expense under all operating leases, including both cancelable and noncancelable leases, was $488 million, $338 million and $271 million in 2012, 2011 and 2010, respectively.
Future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of September 29, 2012, are as follows (in millions):
## Table 0 ##
Other Commitments As of September 29, 2012, the Company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $21.1 billion.
In addition to the off-balance sheet commitments mentioned above, the Company had outstanding obligations of $988 million as of September 29, 2012, which were comprised mainly of commitments to acquire capital assets, including product tooling and manufacturing process equipment, and commitments related to advertising, research and development, Internet and telecommunications services and other obligations.
Contingencies The Company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and have not been fully adjudicated, certain of which are discussed in Part I, Item 3 of this Form 10-K under the heading “Legal Proceedings” and in Part I, Item 1A of this Form 10-K under the heading “Risk Factors.
” In the opinion of management, there was not at least a reasonable possibility the Company may have incurred a material loss, or a material loss in excess of a recorded accrual, with respect to loss contingencies.
However, the outcome of litigation is inherently uncertain.
Therefore, although management considers the likelihood of such an outcome to be remote, if one or more of these legal matters were resolved against the Company in a reporting period for amounts in excess of management’s expectations, the Company’s consolidated financial statements for that reporting period could be materially adversely affected.
Apple Inc.  vs Samsung Electronics Co. , Ltd, et al.
On August 24, 2012, a jury returned a verdict awarding the Company $1.05 billion in its lawsuit against Samsung Electronics and affiliated parties in the United States District Court, Northern District of California, San Jose Division.
Because the award is subject to entry of final judgment and may be subject to appeal, the Company has not recognized the award in its consolidated financial statements for the year ended September 29, 2012.
Treasury encompasses the securities portfolio, short-term investments, brokered deposits, wholesale borrowings and the funding center, which includes the impact of derivative financial instruments used for risk management purposes.
The income or loss for the funding center represents the IRR component of People’s United’s net interest income as calculated by its FTP model in deriving each operating segment’s net interest income.
Under this process, the funding center buys funds from liability-generating business lines, such as consumer deposits, and sells funds to asset-generating business lines, such as commercial lending.
The price at which funds are bought and sold on any given day is set by People’s United’s Treasury group and is based on the wholesale cost to People’s United of assets and liabilities with similar maturities.
Liability-generating businesses sell newly-originated liabilities to the funding center and recognize a funding credit, while asset-generating businesses buy funding for newly-originated assets from the funding center and recognize a funding charge.
Once funding for an asset is purchased from or a liability is sold to the funding center, the price that is set by the Treasury group will remain with that asset or liability until it matures or reprices, which effectively transfers responsibility for managing IRR to the Treasury group.
## Table 1 ##
Treasury’s net income increased $51.7 million in 2015 compared to 2014.
The $53.7 million improvement in net interest income primarily reflects lower net FTP funding costs and an increase in securities income, partially offset by an increase in interest expense.
The decrease in non-interest income primarily reflects a decrease in net security gains and BOLI income.
The increase in non-interest expense primarily reflects increases in both direct and allocated expenses.
Average total assets increased $1.1 billion in 2015 compared to 2014, primarily reflecting an increase in average securities and average short-term investments.
The $1.8 billion increase in average total liabilities in 2015 compared to 2014 reflects increases in average deposits and average notes and debentures partially offset by a decrease in average borrowings.
Treasury’s net income in 2014 compared to a net loss in 2013 primarily reflects a $57.3 million increase in net interest income.
The improvement in net interest income primarily reflects lower net FTP funding costs and an increase in securities income, partially offset by an increase in interest expense.
The increase in non-interest income primarily reflects increases in net security gains and BOLI income.
The increase in non-interest expense primarily reflects increases in both direct and allocated expenses.
Average total assets increased $246 million in 2014 compared to 2013, reflecting increases in average securities and average short-term investments.
The $2.1 billion increase in average total liabilities in 2014 compared to 2013 reflects increases in average brokered deposits, average total borrowings and average notes and debentures ($400 million of subordinated notes were issued in June 2014).
Net Loan Charge-Offs as a Percentage of Average Total Loans
## Table 2 ##
The following table presents, by class of loan, the allocation of the allowance for loan losses on originated loans and the percent of loans in each class to total loans:
## Table 3 ##
The allocation of the allowance for loan losses on originated loans at December 31, 2015 reflects management’s assessment of credit risk and probable loss within each portfolio.
This assessment is based on a variety of internal and external factors including, but not limited to, the likelihood and severity of loss, portfolio growth and related risk characteristics, and current economic conditions.
With respect to the originated portfolio, an allocation of a portion of the allowance to one loan segment does not preclude its availability to absorb losses in another loan segment.
Management believes that the level of the allowance for loan losses at December 31, 2015 is appropriate to cover probable losses.
Non-Performing Assets A loan is generally considered “non-performing” when it is placed on non-accrual status.
A loan is generally placed on non-accrual status when it becomes 90 days past due as to interest or principal payments.
Past due status is based on the contractual payment terms of the loan.
A loan may be placed on non-accrual status before it reaches 90 days past due if such loan has been identified as presenting uncertainty with respect to the collectability of interest and principal.
A loan past due 90 days or more may remain on accruing status if such loan is both well secured and in the process of collection.
All previously accrued but unpaid interest on non-accrual loans is reversed from interest income in the period in which the accrual of interest is discontinued.
Interest payments received on non-accrual loans (including impaired loans) are generally applied as a reduction of principal if future collections are doubtful, although such interest payments may be recognized as income.
A loan remains on non-accrual status until the factors that indicated doubtful collectability no longer exist or until a loan is determined to be uncollectible and is charged off against the allowance for loan losses.
There were no loans past due 90 days or more and still accruing interest at December 31, 2015 or 2014.

<table><tr><td>2013</td><td>$516</td></tr><tr><td>2014</td><td>556</td></tr><tr><td>2015</td><td>542</td></tr><tr><td>2016</td><td>513</td></tr><tr><td>2017</td><td>486</td></tr><tr><td>Thereafter</td><td>1,801</td></tr><tr><td>Total minimum lease payments</td><td>$4,414</td></tr></table>
<table><tr><td>Years ended December 31 (in millions)</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>Net interest income (loss)</td><td>$64.4</td><td>$10.7</td><td>$-46.6</td></tr><tr><td>Total non-interest income</td><td>11.1</td><td>12.4</td><td>7.2</td></tr><tr><td>Total non-interest expense</td><td>6.9</td><td>6.2</td><td>-1.4</td></tr><tr><td>Income (loss) before incometax expense (benefit)</td><td>68.6</td><td>16.9</td><td>-38.0</td></tr><tr><td>Income tax expense (benefit)</td><td>22.9</td><td>5.8</td><td>-12.6</td></tr><tr><td>Net income (loss)</td><td>$45.7</td><td>$11.1</td><td>$-25.4</td></tr><tr><td>Average total assets</td><td>$6,405.5</td><td>$5,266.7</td><td>$5,021.1</td></tr><tr><td>Average total liabilities</td><td>7,194.4</td><td>5,423.0</td><td>3,352.3</td></tr></table>
<table><tr><td>Years ended December 31</td><td>2015</td><td>2014</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>Commercial:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commercial real estate</td><td>0.03%</td><td>0.15%</td><td>0.16%</td><td>0.24%</td><td>0.30%</td></tr><tr><td>Commercial and industrial</td><td>0.11</td><td>0.11</td><td>0.26</td><td>0.18</td><td>0.26</td></tr><tr><td>Equipment financing</td><td>0.14</td><td>0.02</td><td>0.08</td><td>0.19</td><td>0.44</td></tr><tr><td>Retail:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>0.03</td><td>0.05</td><td>0.15</td><td>0.17</td><td>0.21</td></tr><tr><td>Home equity</td><td>0.16</td><td>0.24</td><td>0.31</td><td>0.26</td><td>0.17</td></tr><tr><td>Other consumer</td><td>1.21</td><td>1.87</td><td>1.29</td><td>0.93</td><td>0.93</td></tr><tr><td>Total portfolio</td><td>0.08%</td><td>0.12%</td><td>0.19%</td><td>0.21%</td><td>0.28%</td></tr></table>
<table><tr><td></td><td colspan="2">2015</td><td colspan="2">2014</td><td colspan="2">2013</td><td colspan="2">2012</td><td colspan="2">2011</td></tr><tr><td>As of December 31(dollars in millions)</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percentof LoanPortfolio</td></tr><tr><td>Commercial:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commercial real estate</td><td>$73.1</td><td>35.3%</td><td>$63.8</td><td>35.4%</td><td>$65.0</td><td>36.6%</td><td>$60.0</td><td>33.6%</td><td>$70.5</td><td>35.2%</td></tr><tr><td>Commercial and industrial</td><td>80.0</td><td>27.3</td><td>78.2</td><td>27.0</td><td>72.5</td><td>25.8</td><td>75.5</td><td>27.8</td><td>69.4</td><td>26.2</td></tr><tr><td>Equipment financing</td><td>28.7</td><td>10.4</td><td>27.6</td><td>10.8</td><td>21.0</td><td>10.6</td><td>22.0</td><td>10.8</td><td>20.5</td><td>9.9</td></tr><tr><td>Retail:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>11.2</td><td>19.2</td><td>9.2</td><td>18.5</td><td>10.0</td><td>18.1</td><td>12.0</td><td>17.9</td><td>8.8</td><td>17.8</td></tr><tr><td>Home equity</td><td>8.9</td><td>7.6</td><td>8.3</td><td>8.1</td><td>8.0</td><td>8.6</td><td>6.7</td><td>9.4</td><td>4.3</td><td>10.1</td></tr><tr><td>Other consumer</td><td>1.0</td><td>0.2</td><td>1.0</td><td>0.2</td><td>1.0</td><td>0.3</td><td>1.3</td><td>0.5</td><td>2.0</td><td>0.8</td></tr><tr><td>Total originated allowance for loan losses</td><td>$202.9</td><td>100.0%</td><td>$188.1</td><td>100.0%</td><td>$177.5</td><td>100.0%</td><td>$177.5</td><td>100.0%</td><td>$175.5</td><td>100.0%</td></tr></table>

Question: What's the increasing rate of Commercial real estate in 2015?
Answer: 0.14577