we currently maintain a corporate commercial paper program , unrelated to the conduits 2019 asset-backed commercial paper program , under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue .
at december 31 , 2009 , we had $ 2.78 billion of commercial paper outstanding , compared to $ 2.59 billion at december 31 , 2008 .
additional information about our corporate commercial paper program is provided in note 8 of the notes to consolidated financial statements included under item 8 .
in connection with our participation in the fdic 2019s temporary liquidity guarantee program , or tlgp , in which we elected to participate in december 2008 , the parent company was eligible to issue up to approximately $ 1.67 billion of unsecured senior debt during 2009 , backed by the full faith and credit of the united states .
as of december 31 , 2009 , the parent company 2019s outstanding unsecured senior debt issued under the tlgp was $ 1.5 billion .
additional information with respect to this outstanding debt is provided in note 9 of the notes to consolidated financial statements included under item 8 .
the guarantee of this outstanding debt under the tlgp expires on april 30 , 2012 , the maturity date of the debt .
state street bank currently has board authority to issue bank notes up to an aggregate of $ 5 billion , and up to $ 1 billion of subordinated bank notes .
in connection with state street bank 2019s participation in the tlgp , in which state street bank elected to participate in december 2008 , state street bank was eligible to issue up to approximately $ 2.48 billion of unsecured senior notes during 2009 , backed by the full faith and credit of the united states .
as of december 31 , 2009 , state street bank 2019s outstanding unsecured senior notes issued under the tlgp , and pursuant to the aforementioned board authority , totaled $ 2.45 billion .
additional information with respect to these outstanding bank notes is provided in note 9 of the notes to consolidated financial statements included under item 8 .
the guarantee of state street bank 2019s outstanding debt under the tlgp expires on the maturity date of each respective debt issuance , as follows 2014$ 1 billion on march 15 , 2011 , and $ 1.45 billion on september 15 , 2011 .
state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 761 million as of december 31 , 2009 , to support its canadian securities processing operations .
the line of credit has no stated termination date and is cancelable by either party with prior notice .
as of december 31 , 2009 , no balance was outstanding on this line of credit .
contractual cash obligations .

PAYMENTS DUE BY PERIOD
As of December 31, 2009 (In millions)
Total
Less than 1 year
1-3 years
4-5 years
Over 5 years
Long-term debt<sup>(1)</sup>
$10,981
$529
$4,561
$797
$5,094
Operating leases
1,033
229
342
240
222
Capital lease obligations
1,151
74
147
145
785
Total contractual cash obligations
$13,165
$832
$5,050
$1,182
$6,101

( 1 ) long-term debt excludes capital lease obligations ( reported as a separate line item ) and the effect of interest- rate swaps .
interest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect on december 31 , 2009 .
the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2009 , except for interest on long-term debt .
the table does not include obligations which will be settled in cash , primarily in less than one year , such as deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings .
additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 of the notes to consolidated financial statements included under item 8 .
the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2009 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .
additional information about derivative contracts is provided in note 16 of the notes to consolidated financial statements included under item 8 .
we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 of the notes to consolidated financial statements included under item 8 , which are not included in the above table. .

Question: Analyse this data from a financial earnings document. as of december 2009 what was the percent of the total contractual obligations that was due in less than 1 year for long-term debt ( 1 )
Choices:
0.03114
-529
0.04817
48174.11893
20.75803
Correct choice index: 2