analog devices , inc . notes to consolidated financial statements 2014 ( continued ) the following is a schedule of future minimum rental payments required under long-term operating leases at october 31 , operating fiscal years leases .

Table:
fiscal years | operating leases
2016 | $ 21780
2017 | 16305
2018 | 8670
2019 | 4172
2020 | 3298
later years | 5263
total | $ 59488
12 .
commitments and contingencies from time to time , in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes .
as to such claims and litigation , the company can give no assurance that it will prevail .
the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .
13 .
retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .
the company maintains a defined contribution plan for the benefit of its eligible u.s .
employees .
this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .
in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .
the total expense related to the defined contribution plan for u.s .
employees was $ 26.3 million in fiscal 2015 , $ 24.1 million in fiscal 2014 and $ 23.1 million in fiscal 2013 .
the company also has various defined benefit pension and other retirement plans for certain non-u.s .
employees that are consistent with local statutory requirements and practices .
the total expense related to the various defined benefit pension and other retirement plans for certain non-u.s .
employees , excluding settlement charges related to the company's irish defined benefit plan , was $ 33.3 million in fiscal 2015 , $ 29.8 million in fiscal 2014 and $ 26.5 million in fiscal 2013 .
non-u.s .
plan disclosures during fiscal 2015 , the company converted the benefits provided to participants in the company 2019s irish defined benefits pension plan ( the db plan ) to benefits provided under the company 2019s irish defined contribution plan .
as a result , in fiscal 2015 the company recorded expenses of $ 223.7 million , including settlement charges , legal , accounting and other professional fees to settle the pension obligation .
the assets related to the db plan were liquidated and used to purchase annuities for retirees and distributed to active and deferred members' accounts in the company's irish defined contribution plan in connection with the plan conversion .
accordingly , plan assets for the db plan were zero as of the end of fiscal 2015 .
the company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country .
the plans 2019 assets consist primarily of u.s .
and non-u.s .
equity securities , bonds , property and cash .
the benefit obligations and related assets under these plans have been measured at october 31 , 2015 and november 1 , 2014 .
components of net periodic benefit cost net annual periodic pension cost of non-u.s .
plans is presented in the following table: .

Question: what portion of the future minimum rental payments is due after 5 years?
Answer: 8.8%
Calculation: divide(5263, 59488)