some operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments . contingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant . noncancelable future lease commitments are : in millions operating leases capital leases .

Table: in millions operating leases capital leases fiscal 2019 $ 137.4 $ 0.3 fiscal 2020 115.7 0.2 fiscal 2021 92.3 - fiscal 2022 70.9 - fiscal 2023 51.8 - after fiscal 2023 91.2 - total noncancelable future lease commitments $ 559.3 $ 0.5 less : interest -0.2 ( 0.2 ) present value of obligations under capitalleases $ 0.3

depreciation on capital leases is recorded as depreciation expense in our results of operations . as of may 27 , 2018 , we have issued guarantees and comfort letters of $ 540.8 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 167.3 million for the debt and other obligations of non-consolidated affiliates , mainly cpw . in addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 559.3 million as of may 27 , 2018 . note 16 . business segment and geographic information we operate in the packaged foods industry . on april 24 , 2018 , we acquired blue buffalo , which became our pet operating segment . in the third quarter of fiscal 2017 , we announced a new global organization structure to streamline our leadership , enhance global scale , and drive improved operational agility to maximize our growth capabilities . this global reorganization required us to reevaluate our operating segments . under our new organization structure , our chief operating decision maker assesses performance and makes decisions about resources to be allocated to our operating segments as follows : north america retail ; convenience stores & foodservice ; europe & australia ; asia & latin america ; and pet . our north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce grocery providers . our product categories in this business segment are ready-to-eat cereals , refrigerated yogurt , soup , meal kits , refrigerated and frozen dough products , dessert and baking mixes , frozen pizza and pizza snacks , grain , fruit and savory snacks , and a wide variety of organic products including refrigerated yogurt , nutrition bars , meal kits , salty snacks , ready-to-eat cereal , and grain snacks . our major product categories in our convenience stores & foodservice operating segment are ready-to-eat cereals , snacks , refrigerated yogurt , frozen meals , unbaked and fully baked frozen dough products , and baking mixes . many products we sell are branded to the consumer and nearly all are branded to our customers . we sell to distributors and operators in many customer channels including foodservice , convenience stores , vending , and supermarket bakeries in the united states . our europe & australia operating segment reflects retail and foodservice businesses in the greater europe and australia regions . our product categories include refrigerated yogurt , meal kits , super-premium ice cream , refrigerated and frozen dough products , shelf stable vegetables , grain snacks , and dessert and baking mixes . we .

Question: what portion of the total noncancelable future lease commitments are due in fiscal year of 2019?
Answer: 24.6%
Calculation: divide(137.4, 559.3)