see note 8 of the notes to consolidated financial statements in item 8 .financial statements and supplementary data for a further discussion of these transactions .capital resources outlook for 2007 international paper expects to be able to meet pro- jected capital expenditures , service existing debt and meet working capital and dividend requirements during 2007 through current cash balances and cash from operations and divestiture proceeds , supple- mented as required by its various existing credit facilities .international paper has approximately $ 3.0 billion of committed liquidity , which we believe is adequate to cover expected operating cash flow variability during our industry 2019s economic cycles .in march 2006 , international paper replaced its matur- ing $ 750 million revolving bank credit agreement with a 364-day $ 500 million fully committed revolv- ing bank credit agreement that expires in march 2007 and has a facility fee of 0.08% ( 0.08 % ) payable quarterly , and replaced its $ 1.25 billion revolving bank credit agreement with a $ 1.5 billion fully committed revolv- ing bank credit agreement that expires in march 2011 and has a facility fee of 0.10% ( 0.10 % ) payable quarterly .in addition , in october 2006 , the company amended its existing receivables securitization program that pro- vides for up to $ 1.2 billion of commercial paper- based financings with a facility fee of 0.20% ( 0.20 % ) and an expiration date in november 2007 , to provide up to $ 1.0 billion of available commercial paper-based financings with a facility fee of 0.10% ( 0.10 % ) and an expira- tion date of october 2009 .at december 31 , 2006 , there were no borrowings under either of the bank credit agreements or the receivables securitization program .additionally , international paper investments ( luxembourg ) s.ar.l. , a wholly-owned subsidiary of international paper , has a $ 100 million bank credit agreement maturing in december 2007 , with $ 40 million in borrowings outstanding as of december 31 , 2006 .the company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flow or divestiture proceeds .funding decisions will be guided by our capital structure planning and liability management practices .the primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .the majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .the company was in compliance with all its debt covenants at december 31 , 2006 .principal financial covenants include maintenance of a minimum net worth , defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock , plus any goodwill impairment charges , of $ 9 billion ; and a maximum total debt to capital ratio , defined as total debt divided by total debt plus net worth , of maintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .in the third quarter of 2006 , standard & poor 2019s reaffirmed the company 2019s long-term credit rating of bbb , revised its ratings outlook from neg- ative to stable , and upgraded its short-term credit rating from a-3 to a-2 .at december 31 , 2006 , the company also held long-term credit ratings of baa3 ( stable outlook ) and a short-term credit rating of p-3 from moody 2019s investor services .contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2006 , were as follows : in millions 2007 2008 2009 2010 2011 thereafter .
[['in millions', '2007', '2008', '2009', '2010', '2011', 'thereafter'], ['total debt ( a )', '$ 692', '$ 129', '$ 1143', '$ 1198', '$ 381', '$ 3680'], ['lease obligations ( b )', '144', '117', '94', '74', '60', '110'], ['purchase obligations ( cd )', '2329', '462', '362', '352', '323', '1794'], ['total', '$ 3165', '$ 708', '$ 1599', '$ 1624', '$ 764', '$ 5584']]
( a ) total debt includes scheduled principal payments only .( b ) included in these amounts are $ 76 million of lease obligations related to discontinued operations and businesses held for sale that are due as follows : 2007 - $ 23 million ; 2008 - $ 19 million ; 2009 - $ 15 million ; 2010 - $ 7 million ; 2011 - $ 5 million ; and thereafter - $ 7 million .( c ) included in these amounts are $ 1.3 billion of purchase obliga- tions related to discontinued operations and businesses held for sale that are due as follows : 2007 - $ 335 million ; 2008 - $ 199 million ; 2009 - $ 157 million ; 2010 - $ 143 million ; 2011 - $ 141 million ; and thereafter - $ 331 million .( d ) includes $ 2.2 billion relating to fiber supply agreements entered into at the time of the transformation plan forestland sales .transformation plan in july 2005 , the company had announced a plan to focus its business portfolio on two key global plat- form businesses : uncoated papers ( including dis- tribution ) and packaging .the plan 2019s other elements include exploring strategic options for other busi- nesses , including possible sale or spin-off , returning value to shareholders , strengthening the balance sheet , selective reinvestment to strengthen the paper .

Question: what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2006 due in 2007 is attributable to total debt repayments?
Answer: 22%