Financial report context:
payables that were reclassified as part of our capital lease obligations . capital lease obligations are reported in our consolidated statements of financial position as debt . on october 15 , 2009 , we entered into a capital lease agreement for 44 locomotives with a total equipment cost of $ 100 million . the lessor purchased the 44 locomotives from the corporation and subsequently leased the locomotives back to the railroad . these capital lease obligations are reported in our consolidated statements of financial position as debt at december 31 , 2009 . off-balance sheet arrangements , contractual obligations , and commercial commitments as described in the notes to the consolidated financial statements and as referenced in the tables below , we have contractual obligations and commercial commitments that may affect our financial condition . based on our assessment of the underlying provisions and circumstances of our contractual obligations and commercial commitments , including material sources of off-balance sheet and structured finance arrangements , other than the risks that we and other similarly situated companies face with respect to the condition of the capital markets ( as described in item 1a of part ii of this report ) , there is no known trend , demand , commitment , event , or uncertainty that is reasonably likely to occur that would have a material adverse effect on our consolidated results of operations , financial condition , or liquidity . in addition , our commercial obligations , financings , and commitments are customary transactions that are similar to those of other comparable corporations , particularly within the transportation industry . the following tables identify material obligations and commitments as of december 31 , 2009 : payments due by december 31 , contractual obligations after millions of dollars total 2010 2011 2012 2013 2014 2014 other .

Financial table:
contractual obligations millions of dollars: debt [a]; total: $ 12645; payments due by december 31 2010: $ 846; payments due by december 31 2011: $ 896; payments due by december 31 2012: $ 1104; payments due by december 31 2013: $ 985; payments due by december 31 2014: $ 951; payments due by december 31 after 2014: $ 7863; payments due by december 31 other: $ -
contractual obligations millions of dollars: operating leases; total: 5312; payments due by december 31 2010: 576; payments due by december 31 2011: 570; payments due by december 31 2012: 488; payments due by december 31 2013: 425; payments due by december 31 2014: 352; payments due by december 31 after 2014: 2901; payments due by december 31 other: -
contractual obligations millions of dollars: capital lease obligations [b]; total: 2975; payments due by december 31 2010: 290; payments due by december 31 2011: 292; payments due by december 31 2012: 247; payments due by december 31 2013: 256; payments due by december 31 2014: 267; payments due by december 31 after 2014: 1623; payments due by december 31 other: -
contractual obligations millions of dollars: purchase obligations [c]; total: 2738; payments due by december 31 2010: 386; payments due by december 31 2011: 317; payments due by december 31 2012: 242; payments due by december 31 2013: 249; payments due by december 31 2014: 228; payments due by december 31 after 2014: 1284; payments due by december 31 other: 32
contractual obligations millions of dollars: other post retirement benefits [d]; total: 435; payments due by december 31 2010: 41; payments due by december 31 2011: 42; payments due by december 31 2012: 43; payments due by december 31 2013: 43; payments due by december 31 2014: 44; payments due by december 31 after 2014: 222; payments due by december 31 other: -
contractual obligations millions of dollars: income tax contingencies [e]; total: 61; payments due by december 31 2010: 1; payments due by december 31 2011: -; payments due by december 31 2012: -; payments due by december 31 2013: -; payments due by december 31 2014: -; payments due by december 31 after 2014: -; payments due by december 31 other: 60
contractual obligations millions of dollars: total contractual obligations; total: $ 24166; payments due by december 31 2010: $ 2140; payments due by december 31 2011: $ 2117; payments due by december 31 2012: $ 2124; payments due by december 31 2013: $ 1958; payments due by december 31 2014: $ 1842; payments due by december 31 after 2014: $ 13893; payments due by december 31 other: $ 92

Additional report context:
[a] excludes capital lease obligations of $ 2061 million , unamortized discount of $ ( 110 ) million , and market value adjustments of $ 15 million for debt with qualifying hedges that are recorded as liabilities on the consolidated statements of financial position . includes an interest component of $ 4763 million . [b] represents total obligations , including interest component of $ 914 million . [c] purchase obligations include locomotive maintenance contracts ; purchase commitments for ties , ballast , and rail ; and agreements to purchase other goods and services . for amounts where we can not reasonably estimate the year of settlement , they are reflected in the other column . [d] includes estimated other post retirement , medical , and life insurance payments and payments made under the unfunded pension plan for the next ten years . no amounts are included for funded pension as no contributions are currently required . [e] future cash flows for income tax contingencies reflect the recorded liability for unrecognized tax benefits , including interest and penalties , as of december 31 , 2009 . where we can reasonably estimate the years in which these liabilities may be settled , this is shown in the table . for amounts where we can not reasonably estimate the year of settlement , they are reflected in the other column. .

Question: what percent of total material obligations and commitments as of december 31 , 2009 are capital leases?
Answer: 12%