the company consolidates the assets and liabilities of several entities from which it leases office buildings and corporate aircraft . these entities have been determined to be variable interest entities and the company has been determined to be the primary beneficiary of these entities . due to the consolidation of these entities , the company reflects in its balance sheet : property , plant and equipment of $ 156 million and $ 183 million , other assets of $ 14 million and $ 12 million , long-term debt of $ 150 million ( including current maturities of $ 6 million ) and $ 192 million ( including current maturities of $ 8 million ) , minority interest liabilities of $ 22 million and $ 6 million , and other accrued liabilities of $ 1 million and $ 0 , as of may 27 , 2007 and may 28 , 2006 , respectively . the liabilities recognized as a result of consolidating these entities do not represent additional claims on the general assets of the company . the creditors of these entities have claims only on the assets of the specific variable interest entities . obligations and commitments as part of its ongoing operations , the company enters into arrangements that obligate the company to make future payments under contracts such as debt agreements , lease agreements , and unconditional purchase obligations ( i.e. , obligations to transfer funds in the future for fixed or minimum quantities of goods or services at fixed or minimum prices , such as 201ctake-or-pay 201d contracts ) . the unconditional purchase obligation arrangements are entered into by the company in its normal course of business in order to ensure adequate levels of sourced product are available to the company . capital lease and debt obligations , which totaled $ 3.6 billion at may 27 , 2007 , are currently recognized as liabilities in the company 2019s consolidated balance sheet . operating lease obligations and unconditional purchase obligations , which totaled $ 645 million at may 27 , 2007 , are not recognized as liabilities in the company 2019s consolidated balance sheet , in accordance with generally accepted accounting principles . a summary of the company 2019s contractual obligations at the end of fiscal 2007 is as follows ( including obligations of discontinued operations ) : .

Table:
( $ in millions ) contractual obligations | ( $ in millions ) total | ( $ in millions ) less than 1 year | ( $ in millions ) 1-3 years | ( $ in millions ) 3-5 years | after 5 years
long-term debt | $ 3575.4 | $ 18.2 | $ 48.5 | $ 1226.9 | $ 2281.8
lease obligations | 456.6 | 79.4 | 137.3 | 92.4 | 147.5
purchase obligations | 188.4 | 57.5 | 69.0 | 59.0 | 2.9
total | $ 4220.4 | $ 155.1 | $ 254.8 | $ 1378.3 | $ 2432.2
the company 2019s total obligations of approximately $ 4.2 billion reflect a decrease of approximately $ 237 million from the company 2019s 2006 fiscal year-end .
the decrease was due primarily to a reduction of lease obligations in connection with the sale of the packaged meats operations .
the company is also contractually obligated to pay interest on its long-term debt obligations .
the weighted average interest rate of the long-term debt obligations outstanding as of may 27 , 2007 was approximately 7.2%. .

Question: what percentage of the total contractual obligations at the end of fiscal 2007 are comprised of long-term debt?
Answer: 85%
Calculation: divide(3575.4, 4220.4)