Please answer the given financial question based on the context.
Context: leases , was $ 92 million , $ 80 million , and $ 72 million in 2002 , 2001 , and 2000 , respectively . future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 28 , 2002 , are as follows ( in millions ) : concentrations in the available sources of supply of materials and product although certain components essential to the company's business are generally available from multiple sources , other key components ( including microprocessors and application-specific integrated circuits , or ( "asics" ) ) are currently obtained by the company from single or limited sources . some other key components , while currently available to the company from multiple sources , are at times subject to industry- wide availability and pricing pressures . in addition , the company uses some components that are not common to the rest of the personal computer industry , and new products introduced by the company often initially utilize custom components obtained from only one source until the company has evaluated whether there is a need for and subsequently qualifies additional suppliers . if the supply of a key single-sourced component to the company were to be delayed or curtailed or in the event a key manufacturing vendor delays shipments of completed products to the company , the company's ability to ship related products in desired quantities and in a timely manner could be adversely affected . the company's business and financial performance could also be adversely affected depending on the time required to obtain sufficient quantities from the original source , or to identify and obtain sufficient quantities from an alternative source . continued availability of these components may be affected if producers were to decide to concentrate on the production of common components instead of components customized to meet the company's requirements . finally , significant portions of the company's cpus , logic boards , and assembled products are now manufactured by outsourcing partners , the majority of which occurs in various parts of asia . although the company works closely with its outsourcing partners on manufacturing schedules and levels , the company's operating results could be adversely affected if its outsourcing partners were unable to meet their production obligations . contingencies beginning on september 27 , 2001 , three shareholder class action lawsuits were filed in the united states district court for the northern district of california against the company and its chief executive officer . these lawsuits are substantially identical , and purport to bring suit on behalf of persons who purchased the company's publicly traded common stock between july 19 , 2000 , and september 28 , 2000 . the complaints allege violations of the 1934 securities exchange act and seek unspecified compensatory damages and other relief . the company believes these claims are without merit and intends to defend them vigorously . the company filed a motion to dismiss on june 4 , 2002 , which was heard by the court on september 13 , 2002 . on december 11 , 2002 , the court granted the company's motion to dismiss for failure to state a cause of action , with leave to plaintiffs to amend their complaint within thirty days . the company is subject to certain other legal proceedings and claims that have arisen in the ordinary course of business and have not been fully adjudicated . in the opinion of management , the company does not have a potential liability related to any current legal proceedings and claims that would have a material adverse effect on its financial condition , liquidity or results of operations . however , the results of legal proceedings cannot be predicted with certainty . should the company fail to prevail in any of these legal matters or should several of these legal matters be resolved against the company in the same reporting period , the operating results of a particular reporting period could be materially adversely affected . the parliament of the european union is working on finalizing the waste electrical and electronic equipment directive ( the directive ) . the directive makes producers of electrical goods , including personal computers , financially responsible for the collection , recycling , and safe disposal of past and future products . the directive must now be approved and implemented by individual european union governments by june 2004 , while the producers' financial obligations are scheduled to start june 2005 . the company's potential liability resulting from the directive related to past sales of its products and expenses associated with future sales of its product may be substantial . however , because it is likely that specific laws , regulations , and enforcement policies will vary significantly between individual european member states , it is not currently possible to estimate the company's existing liability or future expenses resulting from the directive . as the european union and its individual member states clarify specific requirements and policies with respect to the directive , the company will continue to assess its potential financial impact . similar legislation may be enacted in other geographies , including federal and state legislation in the united states , the cumulative impact of which could be significant . fiscal years .
|2003|$ 83|
|2004|78|
|2005|66|
|2006|55|
|2007|42|
|later years|140|
|total minimum lease payments|$ 464|
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Question: what percentage of total minimum lease payments is due after 2007?


Answer: The answer is:0.30172