Ayushnangia/finbench-data huggingface dataset:
packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2002 2 .
summary of significant accounting policies ( continued ) stock-based compensation pca entered into management equity agreements in june 1999 with 125 of its management-level employees .
these agreements provide for the grant of options to purchase up to an aggregate of 6576460 shares of pca 2019s common stock at $ 4.55 per share , the same price per share at which pca holdings llc purchased common stock in the transactions .
the agreement called for these options to vest ratably over a five-year period , or upon completion of an initial public offering , full vesting with contractual restrictions on transfer for a period of up to 18 months following completion of the offering .
the options vested with the initial public offering in january 2000 , and the restriction period ended august , 2001 .
in october 1999 , the company adopted a long-term equity incentive plan , which provides for grants of stock options , stock appreciation rights ( sars ) , restricted stock and performance awards to directors , officers and employees of pca , as well as others who engage in services for pca .
option awards granted to officers and employees vest ratably over a four-year period , whereas option awards granted to directors vest immediately .
under the plan , which will terminate on june 1 , 2009 , up to 4400000 shares of common stock is available for issuance under the long-term equity incentive plan .
a summary of the company 2019s stock option activity , and related information for the years ended december 31 , 2002 , 2001 and 2000 follows : options weighted-average exercise price .

options
weighted-average exercise price
balance january 1 2000
6569200
$ 4.55
granted
1059700
11.92
exercised
-398138 ( 398138 )
4.55
forfeited
-26560 ( 26560 )
6.88
balance december 31 2000
7204202
$ 5.62
granted
953350
15.45
exercised
-1662475 ( 1662475 )
4.59
forfeited
-16634 ( 16634 )
11.18
balance december 31 2001
6478443
$ 7.31
granted
871000
19.55
exercised
-811791 ( 811791 )
5.52
forfeited
-63550 ( 63550 )
15.44
balance december 31 2002
6474102
$ 9.10

clean proof : for cycle 12 .

Question: what is the total value of the balance of options as of january 1 , 2000 , in millions?
Answer: 29.9
Calculation: multiply(6569200, 4.55), divide(#0, const_1000000)
there were no share repurchases in 2016 .
stock performance graph the graph below matches fidelity national information services , inc.'s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index and the s&p supercap data processing & outsourced services index.aa the graph tracks the performance of a $ 100 investment in our common stock and in each index ( with the reinvestment of all dividends ) from december 31 , 2011 to december 31 , 2016. .

12/11
12/12
12/13
12/14
12/15
12/16
fidelity national information services inc .
100.00
134.12
210.97
248.68
246.21
311.81
s&p 500
100.00
116.00
153.58
174.60
177.01
198.18
s&p supercap data processing & outsourced services
100.00
126.06
194.91
218.05
247.68
267.14

the stock price performance included in this graph is not necessarily indicative of future stock price performance .
item 6 .
selected financial ss the selected financial data set forth below constitutes historical financial data of fis and should be read in conjunction with "item 7 , management 2019s discussion and analysis of financial condition and results of operations , " and "item 8 , financial statements and supplementary data , " included elsewhere in this report. .

Question: what is the total return if $ 100000 are invested in s&p500 in 12/11 and sold in 12/16?
Answer: 98180
Calculation: subtract(198.18, const_100), divide(100000, const_100), multiply(#1, #0)
performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor's 500 composite stock index ( "s&p 500 index" ) , ( ii ) the standard & poor's industrials index ( "s&p industrials index" ) and ( iii ) the standard & poor's consumer durables & apparel index ( "s&p consumer durables & apparel index" ) , from december 31 , 2012 through december 31 , 2017 , when the closing price of our common stock was $ 43.94 .
the graph assumes investments of $ 100 on december 31 , 2012 in our common stock and in each of the three indices and the reinvestment of dividends .
the table below sets forth the value , as of december 31 for each of the years indicated , of a $ 100 investment made on december 31 , 2012 in each of our common stock , the s&p 500 index , the s&p industrials index and the s&p consumer durables & apparel index and includes the reinvestment of dividends. .

2013
2014
2015
2016
2017
masco
$ 138.48
$ 155.26
$ 200.79
$ 227.08
$ 318.46
s&p 500 index
$ 132.04
$ 149.89
$ 151.94
$ 169.82
$ 206.49
s&p industrials index
$ 140.18
$ 153.73
$ 149.83
$ 177.65
$ 214.55
s&p consumer durables & apparel index
$ 135.84
$ 148.31
$ 147.23
$ 138.82
$ 164.39

$ 50.00 $ 100.00 $ 150.00 $ 200.00 $ 250.00 $ 300.00 $ 350.00 masco s&p 500 index s&p industrials index s&p consumer durables & apparel index .

Question: what was the percentage cumulative total shareholder return on masco common stock for the five year period ended 2017?
Answer: 218.46%
Calculation: subtract(318.46, const_100), divide(#0, const_100)
entergy louisiana , inc .
management's financial discussion and analysis results of operations net income 2004 compared to 2003 net income decreased $ 18.7 million primarily due to lower net revenue , partially offset by lower other operation and maintenance expenses .
2003 compared to 2002 net income increased slightly primarily due to higher net revenue and lower interest charges , almost entirely offset by higher other operation and maintenance expenses , higher depreciation and amortization expenses , and higher taxes other than income taxes .
net revenue 2004 compared to 2003 net revenue , which is entergy louisiana's measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .
following is an analysis of the change in net revenue comparing 2004 to 2003. .

( in millions )
2003 net revenue
$ 973.7
price applied to unbilled sales
-31.9 ( 31.9 )
deferred fuel cost revisions
-29.4 ( 29.4 )
rate refund provisions
-12.2 ( 12.2 )
volume/weather
17.0
summer capacity charges
11.8
other
2.3
2004 net revenue
$ 931.3

the price applied to the unbilled sales variance is due to a decrease in the fuel price included in unbilled sales in 2004 caused primarily by the effect of nuclear plant outages in 2003 on average fuel costs .
the deferred fuel cost revisions variance resulted from a revised unbilled sales pricing estimate made in the first quarter of 2003 to more closely align the fuel component of that pricing with expected recoverable fuel costs .
rate refund provisions caused a decrease in net revenue due to additional provisions recorded in 2004 compared to 2003 for potential rate actions and refunds .
the volume/weather variance is due to a total increase of 620 gwh in weather-adjusted usage in all sectors , partially offset by the effect of milder weather on billed sales in the residential and commercial sectors .
the summer capacity charges variance is due to the amortization in 2003 of deferred capacity charges for the summer of 2001 compared to the absence of the amortization in 2004 .
the amortization of these capacity charges began in august 2002 and ended in july 2003. .

Question: what is the net change in net revenue during 2004 for entergy louisiana?
Answer: -42.4
Calculation: subtract(931.3, 973.7)
the contracts were valued as of april 1 , 2002 , and an asset and a corresponding gain of $ 127 million , net of income taxes , was recorded as a cumulative effect of a change in accounting principle in the second quarter of 2002 .
the majority of the gain recorded relates to the warrior run contract , as the asset value of the deepwater contract on april 1 , 2002 , was less than $ 1 million .
the warrior run contract qualifies and was designated as a cash flow hedge as defined by sfas no .
133 and hedge accounting is applied for this contract subsequent to april 1 , 2002 .
the contract valuations were performed using current forward electricity and gas price quotes and current market data for other contract variables .
the forward curves used to value the contracts include certain assumptions , including projections of future electricity and gas prices in periods where future prices are not quoted .
fluctuations in market prices and their impact on the assumptions will cause the value of these contracts to change .
such fluctuations will increase the volatility of the company 2019s reported results of operations .
11 .
commitments , contingencies and risks operating leases 2014as of december 31 , 2002 , the company was obligated under long-term non-cancelable operating leases , primarily for office rental and site leases .
rental expense for operating leases , excluding amounts related to the sale/leaseback discussed below , was $ 31 million $ 32 million and $ 13 million in the years ended december 31 , 2002 , 2001and 2000 , respectively , including commitments of businesses classified as discontinued amounting to $ 6 million in 2002 , $ 16 million in 2001 and $ 6 million in 2000 .
the future minimum lease commitments under these leases are as follows ( in millions ) : discontinued total operations .

total
discontinued operations
2003
$ 30
$ 4
2004
20
4
2005
15
3
2006
11
1
2007
9
1
thereafter
84
1
total
$ 169
$ 14

sale/leaseback 2014in may 1999 , a subsidiary of the company acquired six electric generating stations from new york state electric and gas ( 2018 2018nyseg 2019 2019 ) .
concurrently , the subsidiary sold two of the plants to an unrelated third party for $ 666 million and simultaneously entered into a leasing arrangement with the unrelated party .
this transaction has been accounted for as a sale/leaseback with operating lease treatment .
rental expense was $ 54 million , $ 58 million and $ 54 million in 2002 , 2001 and 2000 , respectively .
future minimum lease commitments are as follows ( in millions ) : in connection with the lease of the two power plants , the subsidiary is required to maintain a rent reserve account equal to the maximum semi-annual payment with respect to the sum of the basic rent ( other then deferrable basic rent ) and fixed charges expected to become due in the immediately succeeding three-year period .
at december 31 , 2002 , 2001 and 2000 , the amount deposited in the rent reserve account approximated .

Question: what percentage of total future minimum lease commitments is due in 2003?
Answer: 18%
Calculation: divide(30, 169)
five-year stock performance graph the graph below illustrates the cumulative total shareholder return on snap-on common stock since december 31 , 2008 , assuming that dividends were reinvested .
the graph compares snap-on 2019s performance to that of the standard & poor 2019s 500 stock index ( 201cs&p 500 201d ) and a peer group .
snap-on incorporated total shareholder return ( 1 ) fiscal year ended ( 2 ) snap-on incorporated peer group ( 3 ) s&p 500 .

fiscal year ended ( 2 )
snap-onincorporated
peer group ( 3 )
s&p 500
december 31 2008
$ 100.00
$ 100.00
$ 100.00
december 31 2009
111.40
127.17
126.46
december 31 2010
153.24
169.36
145.51
december 31 2011
140.40
165.85
148.59
december 31 2012
223.82
195.02
172.37
december 31 2013
315.72
265.68
228.19

( 1 ) assumes $ 100 was invested on december 31 , 2008 , and that dividends were reinvested quarterly .
( 2 ) the company's fiscal year ends on the saturday that is on or nearest to december 31 of each year ; for ease of calculation , the fiscal year end is assumed to be december 31 .
( 3 ) the peer group consists of : stanley black & decker , inc. , danaher corporation , emerson electric co. , genuine parts company , newell rubbermaid inc. , pentair ltd. , spx corporation and w.w .
grainger , inc .
24 snap-on incorporated 2009 2010 2011 2012 2013 snap-on incorporated peer group s&p 500 .

Question: what is the return on investment if $ 100 are invested in snap-on at the end of 2008 and sold at the end of 2010?
Answer: 53.24%
Calculation: subtract(153.24, 100), divide(#0, 100)
measurement point december 31 the priceline group nasdaq composite index s&p 500 rdg internet composite .

measurement pointdecember 31
the priceline group inc .
nasdaqcomposite index
s&p 500index
rdg internetcomposite
2011
100.00
100.00
100.00
100.00
2012
132.64
116.41
116.00
119.34
2013
248.53
165.47
153.58
195.83
2014
243.79
188.69
174.60
192.42
2015
272.59
200.32
177.01
264.96
2016
313.45
216.54
198.18
277.56

.

Question: at the measurement point december 312016 what was the ratio of the the priceline group inc . . to the nasdaqcomposite index
Answer: 1.44
Explanation: at the measurement point december 312016 the ratio of the the priceline group inc . to the nasdaqcomposite index was 1.44 to 1
Calculation: divide(313.45, 216.54)
rates are still low and that a significant portion of cruise guests carried are first-time cruisers .
we believe this presents an opportunity for long-term growth and a potential for increased profitability .
the following table details industry market penetration rates for north america , europe and asia/pacific computed based on the number of annual cruise guests as a percentage of the total population : year north america ( 1 ) ( 2 ) europe ( 1 ) ( 3 ) asia/pacific ( 1 ) ( 4 ) .

year
north america ( 1 ) ( 2 )
europe ( 1 ) ( 3 )
asia/pacific ( 1 ) ( 4 )
2012
3.33% ( 3.33 % )
1.21% ( 1.21 % )
0.04% ( 0.04 % )
2013
3.32% ( 3.32 % )
1.24% ( 1.24 % )
0.05% ( 0.05 % )
2014
3.46% ( 3.46 % )
1.23% ( 1.23 % )
0.06% ( 0.06 % )
2015
3.36% ( 3.36 % )
1.25% ( 1.25 % )
0.08% ( 0.08 % )
2016
3.49% ( 3.49 % )
1.24% ( 1.24 % )
0.09% ( 0.09 % )

( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the international monetary fund , united nations , department of economic and social affairs , cruise lines international association ( "clia" ) and g.p .
wild .
( 2 ) our estimates include the united states and canada .
( 3 ) our estimates include european countries relevant to the industry ( e.g. , nordics , germany , france , italy , spain and the united kingdom ) .
( 4 ) our estimates include the southeast asia ( e.g. , singapore , thailand and the philippines ) , east asia ( e.g. , china and japan ) , south asia ( e.g .
india and pakistan ) and oceanian ( e.g. , australia and fiji islands ) regions .
we estimate that the global cruise fleet was served by approximately 503000 berths on approximately 298 ships at the end of 2016 .
there are approximately 60 ships with an estimated 173000 berths that are expected to be placed in service in the global cruise market between 2017 and 2021 , although it is also possible that additional ships could be ordered or taken out of service during these periods .
we estimate that the global cruise industry carried 24.0 million cruise guests in 2016 compared to 23.0 million cruise guests carried in 2015 and 22.0 million cruise guests carried in .

Question: what was the anticipated percentage increase in the global cruise fleet berths from 2017 to 2021
Answer: 34.4%
Calculation: divide(173000, 503000)
.

2009
2010
2011
2012
2013
2014
state street corporation
$ 100
$ 107
$ 114
$ 101
$ 120
$ 190
s&p 500 index
100
115
132
135
157
208
s&p financial index
100
112
126
104
135
183
kbw bank index
100
123
152
117
153
211

.

Question: what is the roi of an investment in state street corporation from 20011 to 2012?
Answer: -11.4%
Calculation: subtract(101, 114), divide(#0, 114)
five-year stock performance graph the graph below illustrates the cumulative total shareholder return on snap-on common stock since december 31 , 2008 , assuming that dividends were reinvested .
the graph compares snap-on 2019s performance to that of the standard & poor 2019s 500 stock index ( 201cs&p 500 201d ) and a peer group .
snap-on incorporated total shareholder return ( 1 ) fiscal year ended ( 2 ) snap-on incorporated peer group ( 3 ) s&p 500 .

fiscal year ended ( 2 )
snap-onincorporated
peer group ( 3 )
s&p 500
december 31 2008
$ 100.00
$ 100.00
$ 100.00
december 31 2009
111.40
127.17
126.46
december 31 2010
153.24
169.36
145.51
december 31 2011
140.40
165.85
148.59
december 31 2012
223.82
195.02
172.37
december 31 2013
315.72
265.68
228.19

( 1 ) assumes $ 100 was invested on december 31 , 2008 , and that dividends were reinvested quarterly .
( 2 ) the company's fiscal year ends on the saturday that is on or nearest to december 31 of each year ; for ease of calculation , the fiscal year end is assumed to be december 31 .
( 3 ) the peer group consists of : stanley black & decker , inc. , danaher corporation , emerson electric co. , genuine parts company , newell rubbermaid inc. , pentair ltd. , spx corporation and w.w .
grainger , inc .
24 snap-on incorporated 2009 2010 2011 2012 2013 snap-on incorporated peer group s&p 500 .

Question: what is the return on investment if $ 100 are invested in s&p500 at the end of 2008 and sold at the end of 2010?
Answer: 45.51
Calculation: subtract(145.51, 100), divide(#0, 100)
the remaining change in other expense was driven primarily by changes on foreign currency exchange instruments as further discussed in note 7 in 201citem 8 .
financial statements and supplementary data 201d of this report .
income taxes .

2018
2017
current expense ( benefit )
$ -70 ( 70 )
$ 112
deferred expense ( benefit )
226
-97 ( 97 )
total expense
$ 156
$ 15
effective income tax rate
17% ( 17 % )
2% ( 2 % )

for discussion on income taxes , see note 8 in 201citem 8 .
financial statements and supplementary data 201d of this report .
discontinued operations discontinued operations net earnings increased primarily due to the gain on the sale of our aggregate ownership interests in enlink and the general partner of $ 2.6 billion ( $ 2.2 billion after-tax ) .
for discussion on discontinued operations , see note 19 in 201citem 8 .
financial statements and supplementary data 201d of this report 201d of this report .
results of operations 2013 2017 vs .
2016 the graph below shows the change in net earnings from 2016 to 2017 .
the material changes are further discussed by category on the following pages .
to facilitate the review , these numbers are being presented before consideration of earnings attributable to noncontrolling interests .
$ 1308 ( $ 165 ) ( $ 4 ) $ 1 $ 63 $ 400 ( $ 397 ) $ 126 $ 1204 ( $ 1458 ) $ 1078 2016 upstream operations marketing operations exploration expenses dd&a g&a financing costs , net other ( 1 ) income discontinued operations net earnings ( 1 ) other in the table above includes asset impairments , asset dispositions , restructuring and transaction costs and other expenses .
the graph below presents the drivers of the upstream operations change presented above , with additional details and discussion of the drivers following the graph .
( $ 427 ) ( $ 427 ) $ 1395$ 1 395 $ 2176$ 2 176 $ 3484 2016 production volumes field prices hedging 2017 upstream operations expenses .

Question: what was the ratio in the total tax expense from 2018 to 2017
Answer: 10.4
Calculation: divide(156, 15)
item 5 .
market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2009 .
the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2004 and that all dividends were reinvested. .

2004
2005
2006
2007
2008
2009
loews common stock
100.00
135.92
179.47
219.01
123.70
160.62
s&p 500 index
100.00
104.91
121.48
128.16
80.74
102.11
loews peer group ( a )
100.00
133.59
152.24
174.46
106.30
136.35

( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : ace limited , w.r .
berkley corporation , cabot oil & gas corporation , the chubb corporation , energy transfer partners l.p. , ensco international incorporated , the hartford financial services group , inc. , kinder morgan energy partners , l.p. , noble corporation , range resources corporation , spectra energy corporation ( included from december 14 , 2006 when it began trading ) , transocean , ltd .
and the travelers companies , inc .
dividend information we have paid quarterly cash dividends on loews common stock in each year since 1967 .
regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2009 and 2008 .
we paid quarterly cash dividends on the former carolina group stock until the separation .
regular dividends of $ 0.455 per share of the former carolina group stock were paid in the first and second quarters of 2008. .

Question: what was the growth rate of the loews common stock from december 31 , 2004 to 2009
Answer: 60.6%
Explanation: the growth rate is the change from period to period divide by the original amount
Calculation: divide(160.62, const_100)
intangible asset amortization expense amounted to $ 12 million , $ 4 million and $ 4 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .
estimated amortization expense for the next five years subsequent to december 31 , 2018 is as follows: .

amount
2019
$ 15
2020
13
2021
11
2022
10
2023
7

note 9 : shareholders 2019 equity common stock under the dividend reinvestment and direct stock purchase plan ( the 201cdrip 201d ) , shareholders may reinvest cash dividends and purchase additional company common stock , up to certain limits , through the plan administrator without commission fees .
shares purchased by participants through the drip may be newly issued shares , treasury shares , or at the company 2019s election , shares purchased by the plan administrator in the open market or in privately negotiated transactions .
purchases generally will be made and credited to drip accounts once each week .
as of december 31 , 2018 , there were approximately 4.2 million shares available for future issuance under the drip .
anti-dilutive stock repurchase program in february 2015 , the company 2019s board of directors authorized an anti-dilutive stock repurchase program , which allowed the company to purchase up to 10 million shares of its outstanding common stock over an unrestricted period of time .
the company repurchased 0.6 million shares and 0.7 million shares of common stock in the open market at an aggregate cost of $ 45 million and $ 54 million under this program for the years ended december 31 , 2018 and 2017 , respectively .
as of december 31 , 2018 , there were 5.5 million shares of common stock available for purchase under the program. .

Question: at what price per share did awk repurchase its shares of common stock in 2017?
Answer: 77.1
Calculation: divide(54, 0.7)