ILLUMINA, INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) As of December 31, 2006, the Company also leased an office and laboratory facility in Connecticut, additional office, distribution and storage facilities in San Diego, and four foreign facilities located in Japan, Singapore, China and the Netherlands under non-cancelable operating leases that expire at various times through June 2011.
These leases contain renewal options ranging from one to five years.
As of December 31, 2006, annual future minimum payments under these operating leases were as follows (in thousands):
## Table 0 ##
Rent expense, net of amortization of the deferred gain on sale of property, was $4,723,041, $4,737,218, and $1,794,234 for the years ended December 31, 2006, January 1, 2006 and January 2, 2005, respectively.6.
Stockholders’ Equity Common Stock As of December 31, 2006, the Company had 46,857,512 shares of common stock outstanding, of which 4,814,744 shares were sold to employees and consultants subject to restricted stock agreements.
The restricted common shares vest in accordance with the provisions of the agreements, generally over five years.
All unvested shares are subject to repurchase by the Company at the original purchase price.
As of December 31, 2006, 36,000 shares of common stock were subject to repurchase.
In addition, the Company also issued 12,000 shares for a restricted stock award to an employee under the Company’s new 2005 Stock and Incentive Plan based on service performance.
These shares vest monthly over a three-year period.
Stock Options 2005 Stock and Incentive Plan In June 2005, the stockholders of the Company approved the 2005 Stock and Incentive Plan (the 2005 Stock Plan).
Upon adoption of the 2005 Stock Plan, issuance of options under the Company’s existing 2000 Stock Plan ceased.
The 2005 Stock Plan provides that an aggregate of up to 11,542,358 shares of the Company’s common stock be reserved and available to be issued.
In addition, the 2005 Stock Plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% of outstanding shares of the Company’s common stock on the last day of the immediately preceding fiscal year, 1,200,000 shares or such lesser amount as determined by the Company’s board of directors.
The following table presents the pretax impact that changes in the fair values of derivatives designated as cash flow hedges had on AOCI and earnings during the years ended December 31, 2017, 2016 and 2015 (in millions):
## Table 1 ##
1 The Company records gains and losses reclassified from AOCI into income for the effective portion and ineffective portion, if any, to the same line items in our consolidated statements of income.2 Includes a de minimis amount of ineffectiveness in the hedging relationship.
As of December 31, 2017, the Company estimates that it will reclassify into earnings during the next 12 months net gains of $93 million from the pretax amount recorded in AOCI as the anticipated cash flows occur.
Fair Value Hedging Strategy The Company uses interest rate swap agreements designated as fair value hedges to minimize exposure to changes in the fair value of fixed-rate debt that results from fluctuations in benchmark interest rates.
The Company also uses cross-currency interest rate swaps to hedge the changes in the fair value of foreign currency denominated debt relating to changes in foreign currency exchange rates and benchmark interest rates.
The changes in fair values of derivatives designated as fair value hedges and the offsetting changes in fair values of the hedged items are recognized in earnings.
The ineffective portions of these hedges are immediately recognized into earnings.
As of December 31, 2017, such adjustments had cumulatively increased the
Net Operating Revenues by Operating Segment Information about our net operating revenues by operating segment as a percentage of Company net operating revenues is as follows:
## Table 2 ##
The percentage contribution of each operating segment fluctuates over time due to net operating revenues in certain operating segments growing at a faster rate compared to other operating segments.
Net operating revenue growth rates are impacted by sales volume; acquisitions and divestitures; price, product and geographic mix; and foreign currency fluctuations.
For additional information about the impact of foreign currency fluctuations, refer to the heading “Liquidity, Capital Resources and Financial Position — Foreign Exchange” below and for additional information about acquisitions and divestitures, refer to Note 2 of Notes to Consolidated Financial Statements.
Gross Profit Margin As a result of our finished goods operations, which are primarily included in our North America and Bottling Investments operating segments, the following inputs represent a substantial portion of the Company’s total cost of goods sold: (1) sweeteners, (2) metals, (3) juices and (4) PET.
The Company enters into hedging activities related to certain commodities in order to mitigate a portion of the price risk associated with forecasted purchases.
Many of the derivative financial instruments used by the Company to mitigate the risk associated with these commodity exposures, including any related foreign currency exposure, do not qualify for hedge accounting.
As a result, the changes in fair value of these derivative instruments have been, and will continue to be, included as a component of net income in each reporting period.
The Company recorded gains related to these derivatives of $14 million and $79 million during the years ended December 31, 2017 and December 31, 2016, respectively, and recorded a loss of $206 million during the year ended December 31, 2015 in the line item cost of goods sold in our consolidated statements of income.
Refer to Note 5 of Notes to Consolidated Financial Statements.
We do not currently expect changes in commodity costs to have a significant impact on our 2018 gross profit margin as compared to 2017.
Year Ended December 31, 2017 versus Year Ended December 31, 2016 Our gross profit margin increased to 62.6 percent in 2017 from 60.7 percent in 2016.
The increase was primarily due to the impact of acquisitions and divestitures, partially offset by the unfavorable impact of foreign currency exchange rate fluctuations.
Refer to Note 2 of Notes to Consolidated Financial Statements for additional information related to acquisitions and divestitures.
Year Ended December 31, 2016 versus Year Ended December 31, 2015 Our gross profit margin increased to 60.7 percent in 2016 from 60.5 percent in 2015.
The increase was primarily due to the impact of positive price mix and lower commodity costs, partially offset by the unfavorable impact of foreign currency exchange rate fluctuations and acquisitions and divestitures.
Refer to Note 2 of Notes to Consolidated Financial Statements for additional information related to acquisitions and divestitures.

<table><tr><td>2007</td><td>5,320</td></tr><tr><td>2008</td><td>5,335</td></tr><tr><td>2009</td><td>5,075</td></tr><tr><td>2010</td><td>4,659</td></tr><tr><td>2011</td><td>4,712</td></tr><tr><td>2012 and thereafter</td><td>12,798</td></tr><tr><td>Total</td><td>$37,899</td></tr></table>
<table><tr><td></td><td>Gain (Loss) Recognized in OCI</td><td>Location of Gain (Loss)Recognized in Income<sup>1</sup></td><td>Gain (Loss) Reclassified from AOCI into Income (Effective Portion)</td><td>Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)</td><td></td></tr><tr><td>2017</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency contracts</td><td>$-226</td><td>Net operating revenues</td><td>$443</td><td>$1</td><td></td></tr><tr><td>Foreign currency contracts</td><td>-23</td><td>Cost of goods sold</td><td>-2</td><td>—</td><td><sup>2</sup></td></tr><tr><td>Foreign currency contracts</td><td>—</td><td>Interest expense</td><td>-9</td><td>—</td><td></td></tr><tr><td>Foreign currency contracts</td><td>92</td><td>Other income (loss) — net</td><td>107</td><td>3</td><td></td></tr><tr><td>Foreign currency contracts</td><td>-3</td><td>Income from discontinued operations</td><td>—</td><td>—</td><td></td></tr><tr><td>Interest rate contracts</td><td>-22</td><td>Interest expense</td><td>-37</td><td>2</td><td></td></tr><tr><td>Commodity contracts</td><td>-1</td><td>Cost of goods sold</td><td>-1</td><td>—</td><td></td></tr><tr><td>Commodity contracts</td><td>-5</td><td>Income from discontinued operations</td><td>—</td><td>—</td><td></td></tr><tr><td>Total</td><td>$-188</td><td></td><td>$501</td><td>$6</td><td></td></tr><tr><td>2016</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency contracts</td><td>$69</td><td>Net operating revenues</td><td>$567</td><td>$-3</td><td></td></tr><tr><td>Foreign currency contracts</td><td>8</td><td>Cost of goods sold</td><td>35</td><td>-1</td><td></td></tr><tr><td>Foreign currency contracts</td><td>—</td><td>Interest expense</td><td>-9</td><td>—</td><td></td></tr><tr><td>Foreign currency contracts</td><td>13</td><td>Other income (loss) — net</td><td>-3</td><td>-3</td><td></td></tr><tr><td>Interest rate contracts</td><td>-126</td><td>Interest expense</td><td>-17</td><td>-2</td><td></td></tr><tr><td>Commodity contracts</td><td>-1</td><td>Cost of goods sold</td><td>-1</td><td>—</td><td></td></tr><tr><td>Total</td><td>$-37</td><td></td><td>$572</td><td>$-9</td><td></td></tr><tr><td>2015</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency contracts</td><td>$949</td><td>Net operating revenues</td><td>$618</td><td>$12</td><td></td></tr><tr><td>Foreign currency contracts</td><td>60</td><td>Cost of goods sold</td><td>62</td><td>—</td><td><sup>2</sup></td></tr><tr><td>Foreign currency contracts</td><td>18</td><td>Interest expense</td><td>-9</td><td>—</td><td></td></tr><tr><td>Foreign currency contracts</td><td>-38</td><td>Other income (loss) — net</td><td>-40</td><td>—</td><td></td></tr><tr><td>Interest rate contracts</td><td>-153</td><td>Interest expense</td><td>-3</td><td>1</td><td></td></tr><tr><td>Commodity contracts</td><td>-1</td><td>Cost of goods sold</td><td>-3</td><td>—</td><td></td></tr><tr><td>Total</td><td>$835</td><td></td><td>$625</td><td>$13</td><td></td></tr></table>
<table><tr><td>Year Ended December 31,</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>Europe, Middle East & Africa</td><td>20.7%</td><td>16.8%</td><td>15.7%</td></tr><tr><td>Latin America</td><td>11.2</td><td>8.9</td><td>9.0</td></tr><tr><td>North America</td><td>24.4</td><td>15.4</td><td>12.6</td></tr><tr><td>Asia Pacific</td><td>13.5</td><td>11.4</td><td>10.6</td></tr><tr><td>Bottling Investments</td><td>29.8</td><td>47.2</td><td>51.7</td></tr><tr><td>Corporate</td><td>0.4</td><td>0.3</td><td>0.4</td></tr><tr><td>Total</td><td>100.0%</td><td>100.0%</td><td>100.0%</td></tr></table>

Question: What's the greatest value of Gain (Loss) Recognized in OCI in 2017?