{"pre_text": ["notes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) provide renewal options for terms of 3 to 7 additional years .", "leases for retail space are for terms of 5 to 20 years , the majority of which are for 10 years , and often contain multi-year renewal options .", "as of september 29 , 2007 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 1.4 billion , of which $ 1.1 billion related to leases for retail space .", "rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 151 million , $ 138 million , and $ 140 million in 2007 , 2006 , and 2005 , respectively .", "future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 29 , 2007 , are as follows ( in millions ) : fiscal years ."], "post_text": ["accrued warranty and indemnifications the company offers a basic limited parts and labor warranty on its hardware products .", "the basic warranty period for hardware products is typically one year from the date of purchase by the end-user .", "the company also offers a 90-day basic warranty for its service parts used to repair the company 2019s hardware products .", "the company provides currently for the estimated cost that may be incurred under its basic limited product warranties at the time related revenue is recognized .", "factors considered in determining appropriate accruals for product warranty obligations include the size of the installed base of products subject to warranty protection , historical and projected warranty claim rates , historical and projected cost-per-claim , and knowledge of specific product failures that are outside of the company 2019s typical experience .", "the company assesses the adequacy of its preexisting warranty liabilities and adjusts the amounts as necessary based on actual experience and changes in future estimates .", "for products accounted for under subscription accounting pursuant to sop no .", "97-2 , the company recognizes warranty expense as incurred .", "the company periodically provides updates to its applications and system software to maintain the software 2019s compliance with specifications .", "the estimated cost to develop such updates is accounted for as warranty costs that are recognized at the time related software revenue is recognized .", "factors considered in determining appropriate accruals related to such updates include the number of units delivered , the number of updates expected to occur , and the historical cost and estimated future cost of the resources necessary to develop these updates. ."], "table": [["2008", "$ 155"], ["2009", "172"], ["2010", "173"], ["2011", "160"], ["2012", "148"], ["thereafter", "617"], ["total minimum lease payments", "$ 1425"]], "table_ori": [["2008", "$155"], ["2009", "172"], ["2010", "173"], ["2011", "160"], ["2012", "148"], ["Thereafter", "617"], ["Total minimum lease payments", "$1,425"]]}

Question: as of september 29 , 2007 , what percent of the company 2019s total future minimum lease payments under noncancelable operating leases were related to leases for retail space?
Evidence:
text_2: as of september 29 , 2007 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 1.4 billion , of which $ 1.1 billion related to leases for retail space .
Program: divide(1.1, 1.4)
Answer:
str_answer: 78.6%
exe_answer: 0.78571