Table of Contents Concentrations in the Available Sources of Supply of Materials and Product Although most components essential to the Company’s business are generally available from multiple sources, a number of components are currently obtained from single or limited sources.
In addition, the Company competes for various components with other participants in the markets for mobile communication and media devices and personal computers.
Therefore, many components used by the Company, including those that are available from multiple sources, are at times subject to industry-wide shortage and significant pricing fluctuations that could materially adversely affect the Company’s financial condition and operating results.
The Company uses some custom components that are not commonly used by its competitors, and new products introduced by the Company often utilize custom components available from only one source.
When a component or product uses new technologies, initial capacity constraints may exist until the suppliers’ yields have matured or manufacturing capacity has increased.
If the Company’s supply of components for a new or existing product were delayed or constrained, or if an outsourcing partner delayed shipments of completed products to the Company, the Company’s financial condition and operating results could be materially adversely affected.
The Company’s business and financial performance could also be materially 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 at acceptable prices, or at all, may be affected if those suppliers concentrated on the production of common components instead of components customized to meet the Company’s requirements.
The Company has entered into agreements for the supply of many components; however, there can be no guarantee that the Company will be able to extend or renew these agreements on similar terms, or at all.
Therefore, the Company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results.
Substantially all of the Company’s hardware products are manufactured by outsourcing partners that are located primarily in Asia.
A significant concentration of this manufacturing is currently performed by a small number of outsourcing partners, often in single locations.
Certain of these outsourcing partners are the sole-sourced suppliers of components and manufacturers for many of the Company’s products.
Although the Company works closely with its outsourcing partners on manufacturing schedules, the Company’s operating results could be adversely affected if its outsourcing partners were unable to meet their production commitments.
The Company’s purchase commitments typically cover its requirements for periods up to 150 days.
Other Off-Balance Sheet Commitments Operating Leases The Company leases various equipment and facilities, including retail space, under noncancelable operating lease arrangements.
The Company does not currently utilize any other off-balance sheet financing arrangements.
The major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options.
Leases for retail space are for terms ranging from five to 20 years, the majority of which are for 10 years, and often contain multi-year renewal options.
As of September 27, 2014, the Company’s total future minimum lease payments under noncancelable operating leases were $5.0 billion, of which $3.6 billion related to leases for retail space.
Rent expense under all operating leases, including both cancelable and noncancelable leases, was $717 million, $645 million and $488 million in 2014, 2013 and 2012, respectively.
Future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of September 27, 2014, are as follows (in millions):
## Table 0 ##
Apple Inc.  | 2014 Form 10-K | 75
Since the non-vested restricted shares are considered a participating security, in accordance with this FSP, the Company is required under SFAS No.128 to use the two-class method for the computation of basic and diluted earnings per common share.
The following table shows the expected impact of adopting this FSP for 2008 and 2007.
## Table 1 ##
SFAS No.141R In December 2007, the FASB issued SFAS No.141 (revised 2007), “Business Combinations.
” SFAS No.141R establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, including goodwill, the liabilities assumed and any non-controlling interest in the acquiree.
SFAS No.141R also establishes disclosure requirements to enable users of the financial statements to evaluate the nature and financial effects of the business combination.
SFAS No.141R will become effective for the Company for business combinations for which the acquisition date is on or after January 1, 2009.
Any business combinations for which the acquisition date is on or after January 1, 2009 will be accounted for under this new standard.
SFAS No.160 In December 2007, the FASB issued SFAS No.160, “Noncontrolling Interests in Consolidated Financial Statements—an Amendment of Accounting Research Bulletin No.51.
” SFAS No.160 establishes accounting and reporting standards for ownership interests in subsidiaries held by parties other than the parent, the amount of consolidated net income attributable to the parent and to the noncontrolling interest, changes in a parent’s ownership interest, and the valuation of retained noncontrolling equity investments when a subsidiary is deconsolidated.
SFAS No.160 also establishes disclosure requirements that clearly identify and distinguish between the interests of the parent and the interests of the noncontrolling owners.
SFAS No.160 is effective for the Company beginning January 1, 2009.
The Company is currently evaluating the impact, if any, of the adoption of SFAS No.160 on its consolidated financial position or results of operations.
SFAS No.161 In March 2008, the FASB issued SFAS No.161, “Disclosures about Derivative Instruments and Hedging Activities—an amendment of SFAS No.133.
” SFAS No.161 changes the disclosure requirements for derivative instruments and hedging activities.
Entities are required to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under SFAS No.133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows.
SFAS No.161 is effective for the Company’s financial statements issued beginning January 1, 2009, with early application encouraged.
SFAS No.161 encourages, but does not require, comparative disclosures for earlier periods at initial adoption.
The Company is currently evaluating the impact the adoption of SFAS No.161 will have on its future disclosures.
FSP No.
FAS 142-3 In April 2008, the FASB issued FSP No.
FAS 142-3, “Determination of the Useful Life of Intangible Assets.
” FSP 142-3 amends the factors that should be considered in developing renewal or extension assumptions used to determine the useful life of a recognized intangible asset under SFAS No.142.
FSP 142-3 is effective for the Company beginning January 1, 2009.
The requirement for determining useful lives must be applied prospectively to intangible assets acquired after the effective date and the disclosure requirements must be applied prospectively to all intangible assets recognized as of, and subsequent to, the effective date.
The impact of adopting this FSP will be dependent on any intangible assets that may be acquired in the future by the Company.
FSP No.
FAS 132(R)-1 In December 2008, the FASB issued FSP 132(R)-1, “Employers’ Disclosures about Postretirement Benefit Plan Assets.
” This FSP provides guidance on an employer’s disclosures about plan assets of a defined benefit pension plan or other postretirement plan, including disclosure of how investment allocation decisions are made, major categories of plan assets, inputs and valuation techniques used to measure the fair value of plan assets and concentrations of credit risk.
This FSP is effective for fiscal years ending after December 15, 2009.
This FSP will not impact the Company’s consolidated financial position or results of operations as its requirements are disclosure-only in nature.
(Amounts in tables in millions, except share and per share data) (continued) Observable market inputs used in the calculation of the foreign currency forward contracts include foreign currency spot and forward rates.
In addition, other pricing data quoted by various banks and foreign currency dealers involving identical or comparable instruments are included.
The fair value generally reflects the estimated amounts that the Company would receive or pay to terminate the contracts at the reporting date.
Other Financial Instruments The following financial instruments are recorded at fair value or at amounts that approximate fair value: (1) cash and cash equivalents, (2) receivables, net, (3) certain other current assets, (4) accounts payable and (5) other current liabilities.
The carrying amounts reported in the consolidated balance sheets for the above financial instruments closely approximates their fair value due to the short-term nature of these assets and liabilities.
To calculate the fair values of the Company’s senior notes at December 31, 2008 and 2007, the Company utilizes a market approach.
Due to the restricted investor base and the notional value of the senior notes, the senior notes may not be actively traded on the date the fair value is calculated.
Therefore, the Company utilizes prices and other relevant information generated by market transactions involving identical securities, reflecting U. S.  Treasury yields to calculate the yield-to-maturity and the price on each of the Company’s senior notes.
These inputs are provided by an independent third party.
The Company derived the fair value estimates of the Company’s various other debt instruments by evaluating the nature and terms of each instrument, considering prevailing economic and market conditions, and examining the cost of similar debt offered at the balance sheet date.
The Company also incorporates its credit default swap rates and currency specific swap rates to each debt instrument, as applicable.
These estimates are subjective and involve uncertainties and matters of significant judgment, and therefore the Company cannot determine them with precision.
Changes in assumptions could significantly affect the Company’s estimates.
The fair value of the debt in the table below differs from the carrying amount due to changes in interest rates based on market conditions as of December 31, 2008 and 2007.
Generally, the fair value of fixed rate debt will increase as interest rates fall and decrease as interest rates rise.
The carrying amounts and estimated fair values of the Company’s debt at December 31, 2008 and 2007 were as follows:
## Table 2 ##
(1) The carrying value and fair value of such debt includes adjustments due to interest rate swaps.
See Note 12, “Derivatives and Hedging Activities.
” Credit and Market Risk Financial instruments, including derivatives, expose the Company to counterparty credit risk for nonperformance and to market risk related to changes in interest or currency exchange rates.
The Company manages its exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties, and procedures to monitor concentrations of credit risk.
The Company does not expect any of its counterparties in derivative transactions to fail to perform as it is the Company’s policy to have counterparties to these contracts that are rated at least A– by Standard & Poor’s and A3 by Moody’s.
Nevertheless, there is a risk that the Company’s exposure to losses arising out of derivative contracts could be material if the counterparties to these agreements fail to perform their obligations.

Tables referenced above, in order (Table 0 first):
<table><tr><td>2015</td><td>$662</td></tr><tr><td>2016</td><td>676</td></tr><tr><td>2017</td><td>645</td></tr><tr><td>2018</td><td>593</td></tr><tr><td>2019</td><td>534</td></tr><tr><td>Thereafter</td><td>1,877</td></tr><tr><td>Total</td><td>$4,987</td></tr></table>
<table><tr><td> </td><td>2008</td><td>2007</td></tr><tr><td> Net earnings per common share:</td><td></td><td></td></tr><tr><td>Basic—as originally reported</td><td>$1.14</td><td>$2.21</td></tr><tr><td>Basic—impact of FSP No. EITF 03-6-1</td><td>-0.01</td><td>-0.02</td></tr><tr><td>Basic—to be reported in 2009</td><td>$1.13</td><td>$2.19</td></tr><tr><td>Diluted—as originally reported</td><td>$0.99</td><td>$1.89</td></tr><tr><td>Diluted—impact of FSP No. EITF 03-6-1</td><td>—</td><td>-0.01</td></tr><tr><td>Diluted—to be reported in 2009</td><td>$0.99</td><td>$1.88</td></tr></table>
<table><tr><td> </td><td colspan="2"> 2008</td><td colspan="2"> 2007</td></tr><tr><td> </td><td> Carrying Amount</td><td> Fair Value</td><td> Carrying Amount</td><td> Fair Value</td></tr><tr><td>6.95% Senior Notes due 2009</td><td>$136.7</td><td>$135.3</td><td>$227.0</td><td>$232.7</td></tr><tr><td>5.375% Senior Notes-1 due 2008</td><td>—</td><td>—</td><td>297.8</td><td>300.6</td></tr><tr><td>5.625% Senior Notes due 2013</td><td>399.3</td><td>320.0</td><td>399.2</td><td>397.2</td></tr><tr><td>6.875% Senior Notes due 2033</td><td>448.5</td><td>315.0</td><td>448.5</td><td>404.6</td></tr><tr><td>3% Convertible Senior Notes</td><td>431.3</td><td>374.9</td><td>431.3</td><td>416.1</td></tr><tr><td>Other foreign loans</td><td>48.5</td><td>48.4</td><td>49.2</td><td>48.5</td></tr><tr><td>Other loans</td><td>14.7</td><td>11.2</td><td>18.8</td><td>18.0</td></tr><tr><td>Total debt</td><td>$1,479.0</td><td>$1,204.8</td><td>$1,871.8</td><td>$1,817.7</td></tr></table>

Question: what was the change in rent expense under all operating leases , including both cancelable and noncancelable leases between 2014 and 2012 , in millions?
Answer: 229
Reasoning program: subtract(717,488)