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 .
|contractual obligations millions of dollars|total|payments due by december 31 2010|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|
|debt [a]|$ 12645|$ 846|$ 896|$ 1104|$ 985|$ 951|$ 7863|$ -|
|operating leases|5312|576|570|488|425|352|2901|-|
|capital lease obligations [b]|2975|290|292|247|256|267|1623|-|
|purchase obligations [c]|2738|386|317|242|249|228|1284|32|
|other post retirement benefits [d]|435|41|42|43|43|44|222|-|
|income tax contingencies [e]|61|1|-|-|-|-|-|60|
|total contractual obligations|$ 24166|$ 2140|$ 2117|$ 2124|$ 1958|$ 1842|$ 13893|$ 92|
[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: 0.12311