MASCO CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 49 C.  ACQUISITIONS On March 9, 2018, we acquired substantially all of the net assets of The L. D.  Kichler Co.  ("Kichler"), a leader in decorative residential and light commercial lighting products, ceiling fans and LED lighting systems.
This business expands our product offerings to our customers.
The results of this acquisition for the period from the acquisition date are included in the consolidated financial statements and are reported in the Decorative Architectural Products segment.
We recorded $346 million of net sales as a result of this acquisition during 2018.
The purchase price, net of $2 million cash acquired, consisted of $549 million paid with cash on hand.
Since the acquisition, we have revised the allocation of the purchase price to identifiable assets and liabilities based on analysis of information as of the acquisition date that has been made available through December 31, 2018.
The allocation will continue to be updated through the measurement period, if necessary.
The preliminary allocation of the fair value of the acquisition of Kichler is summarized in the following table, in millions.
## Table 0 ##
The goodwill acquired, which is generally tax deductible, is related primarily to the operational and financial synergies we expect to derive from combining Kichler's operations into our business, as well as the assembled workforce.
The other intangible assets acquired consist of $59 million of indefinite-lived intangible assets, which is related to trademarks, and $181 million of definite-lived intangible assets.
The definite-lived intangible assets consist of $145 million related to customer relationships, which is being amortized on a straight-line basis over 20 years, and $36 million of other definite-lived intangible assets, which is being amortized over a weighted average amortization period of three years.
In the fourth quarter of 2017, we acquired Mercury Plastics, Inc. , a plastics processor and manufacturer of water handling systems for appliance and faucet applications, for approximately $89 millionin cash.
This business is included in the Plumbing Products segment.
This acquisition enhances our ability to develop faucet technology and provides continuity of supply of quality faucet components.
In connection with this acquisition, we recognized $38 million of goodwill, which is tax deductible, and is related primarily to the expected synergies from combining the operations into our business.
Simon Property Group, Inc.  Simon Property Group, L. P.  Notes to Consolidated Financial Statements (Dollars in thousands, except share, per share, unit and per unit amounts and where indicated as in millions or billions) 100 Management Fees and Other Revenues Management fees and other revenues are generally received from our unconsolidated joint venture properties as well as third parties.
Management fee revenue is earned based on a contractual percentage of joint venture property revenue.
Development fee revenue is earned on a contractual percentage of hard costs to develop a property.
Leasing fee revenue is earned on a contractual per square foot charge based on the square footage of current year leasing activity.
We recognize revenue for these services provided when earned based on the underlying activity.
Revenues from insurance premiums charged to unconsolidated properties are recognized on a pro-rata basis over the terms of the policies.
Insurance losses on these policies and our self-insurance for our consolidated properties are reflected in property operating expenses in the accompanying consolidated statements of operations and comprehensive income and include estimates for losses incurred but not reported as well as losses pending settlement.
Estimates for losses are based on evaluations by third-party actuaries and management’s estimates.
Total insurance reserves for our insurance subsidiaries and other self-insurance programs as of December 31, 2017 and 2016 approximated $81.8 million and $83.5 million, respectively, and are included in other liabilities in the consolidated balance sheets.
Information related to the securities included in the investment portfolio of our captive insurance subsidiary is included within the “Marketable and Non-Marketable Securities” section above.
Allowance for Credit Losses We record a provision for credit losses based on our judgment of a tenant’s creditworthiness, ability to pay and probability of collection.
In addition, we also consider the sector in which the tenant operates and our historical collection experience in cases of bankruptcy, if applicable.
Accounts are written off when they are deemed to be no longer collectible.
Presented below is the activity in the allowance for credit losses during the following years:
## Table 1 ##
Income Taxes Simon and certain subsidiaries of the Operating Partnership have elected to be taxed as REITs under Sections 856 through 860 of the Internal Revenue Code and applicable Treasury regulations relating to REIT qualification.
In order to maintain this REIT status, the regulations require the entity to distribute at least 90% of REIT taxable income to its owners and meet certain other asset and income tests as well as other requirements.
We intend to continue to adhere to these requirements and maintain Simon’s REIT status and that of the REIT subsidiaries.
As REITs, these entities will generally not be liable for U. S.  federal corporate income taxes as long as they distribute in excess of 100% of their REIT taxable income.
Thus, we made no provision for U. S.  federal income taxes for these entities in the accompanying consolidated financial statements.
If Simon or any of the REIT subsidiaries fail to qualify as a REIT, and if available relief provisions do not apply, Simon or that entity will be subject to tax at regular corporate rates for the years in which it failed to qualify.
If Simon or any of the REIT subsidiaries loses its REIT status it could not elect to be taxed as a REIT for four taxable years following the year during which qualification was lost unless the failure to qualify was due to reasonable cause and certain other conditions were satisfied.
We have also elected taxable REIT subsidiary, or TRS, status for some of our subsidiaries.
This enables us to provide services that would otherwise be considered impermissible for REITs and participate in activities that do not qualify as “rents from real property”.
For these entities, deferred tax assets and liabilities are established for temporary differences
Part II Item 5.
Market for the Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities Simon Market Information Simon’s common stock trades on the New York Stock Exchange under the symbol “SPG”.
The quarterly price range for the shares and the dividends declared per share for each quarter in the last two fiscal years are shown below:
## Table 2 ##
There is no established public trading market for Simon’s Class B common stock.
Dividends on the Class B common stock are identical to the common stock.
Holders The number of holders of record of common stock outstanding was 1,128 as of February 14, 2018.
The Class B common stock is subject to two voting trusts as to which Herbert Simon and David Simon are the trustees.
Shares of Class B common stock convert automatically into an equal number of shares of common stock upon the occurrence of certain events and can be converted into shares of common stock at the option of the holders.
Dividends We must pay a minimum amount of dividends to maintain Simon’s status as a REIT.
Simon’s future dividends and future distributions of the Operating Partnership will be determined by Simon’s Board of Directors, in its sole discretion, based on actual and projected financial condition, liquidity and results of operations, cash available for dividends and limited partner distributions, cash reserves as deemed necessary for capital and operating expenditures, financing covenants, if any, and the amount required to maintain Simon’s status as a REIT.
Common stock cash dividends during 2017 aggregated $7.15 per share.
Common stock cash dividends during 2016 aggregated $6.50 per share.
In January 2018, Simon’s Board of Directors declared a quarterly cash dividend of $1.95 per share of common stock payable on February 28, 2018 to stockholders of record on February 14, 2018.
We offer a dividend reinvestment plan that allows Simon’s stockholders to acquire additional shares by automatically reinvesting cash dividends.
Shares are acquired pursuant to the plan at a price equal to the prevailing market price of such shares, without payment of any brokerage commission or service charge.
Note 18.
Non-Operating Income (Expense) Non-operating income (expense) for fiscal 2008, 2007 and 2006 includes the following:
## Table 3 ##
Note 19.
Industry Segment, Geographic Information and Significant Customers We have the following segments: Creative Solutions, Knowledge Worker, Enterprise, Mobile and Device Solutions, Platform and Print and Publishing.
Our Creative Solutions segment focuses on delivering a complete professional line of integrated tools for a full range of creative and developer tasks to an extended set of customers.
The Knowledge Worker segment focuses on the needs of knowledge worker customers, providing essential applications and services to help them share information and collaborate.
This segment contains revenue generated by Acrobat Connect and our Acrobat family of products.
Our Enterprise segment provides server-based enterprise interaction solutions that automate people-centric processes and contains revenue generated by our LiveCycle line of products.
The Mobile and Device Solutions segment provides solutions that deliver compelling experiences through rich content, user interfaces and data services on mobile and non-PC devices such as cellular phones, consumer devices and Internet connected hand-held devices.
The Platform segment provides developer solutions and technologies, including Adobe Flash Player, Adobe AIR and Flex Builder which are used to build rich application experiences.
Finally, the Print and Publishing segment addresses market opportunities ranging from the diverse publishing needs of technical and business publishing, to our legacy type and OEM printing businesses.
Effective in the first quarter of fiscal 2008, to better align our engineering and marketing efforts, we merged our Knowledge Worker segment with our Enterprise segment (formerly “Enterprise and Developer Solutions”) to form our new Business Productivity Solutions.
However, under the requirements of SFAS No.131, (“SFAS 131”), “Disclosures about Segments of an Enterprise and Related Information,” Knowledge Worker and Enterprise are separate reportable segments.
In addition, we moved responsibility for Flex Builder, Flex SDK and our ColdFusion product line to our Platform segment from our Enterprise segment.
The prior year information in the table below has also been updated to reflect this product movement.
The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies.
With the exception of goodwill and intangible assets, we do not identify or allocate our assets by the operating segments.
Summary FIN 48 Changes During fiscal 2008, our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows:
## Table 4 ##
The gross liability for unrecognized tax benefits at November 28, 2008 of $139.5 million is exclusive of interest and penalties.
If the total FIN 48 gross liability for unrecognized tax benefits at November 28, 2008 were recognized in the future, the following amounts, net of an estimated $12.9 million benefit related to deducting such payments on future tax returns, would result: $57.7 million of unrecognized tax benefits would decrease the effective tax rate and $68.9 million would decrease goodwill.
As of November 28, 2008, the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $15.3 million.
We file income tax returns in the U. S.  on a federal basis and in many U. S.  state and foreign jurisdictions.
We are subject to the continual examination of our income tax returns by the IRS and other domestic and foreign tax authorities.
Our major tax jurisdictions are the U. S. , Ireland and California.
For California, Ireland and the U. S. , the earliest fiscal years open for examination are 2001, 2002 and 2005, respectively.
In August 2008, a U. S.  income tax examination covering our fiscal years 2001 through 2004 was completed.
Our accrued tax and interest related to these years was $100.0 million and was previously reported in long-term income taxes payable.
In conjunction with this resolution, we requested and received approval from the IRS to repatriate certain foreign earnings in a tax-free manner, which resulted in a reduction of our long-term deferred income tax liability of $57.8 million.
Together, these liabilities on our balance sheet decreased by $157.8 million.
Also in August 2008, we paid $80.0 million in conjunction with the aforementioned resolution, credited additional paid-in-capital for $41.3 million due to our use of certain tax attributes related to stock option deductions, including a portion of certain deferred tax assets not recorded in our financial statements pursuant to SFAS 123R and made other individually immaterial adjustments to our tax balances totaling $15.8 million.
A net income statement tax benefit in the third quarter of fiscal 2008 of $20.7 million resulted.
The accounting treatment related to certain unrecognized tax benefits from acquired companies, including Macromedia, will change when SFAS 141R becomes effective.
SFAS 141R will be effective in the first quarter of our fiscal year 2010.
At such time, any changes to the recognition or measurement of these unrecognized tax benefits will be recorded through income tax expense, where currently the accounting treatment would require any adjustment to be recognized through the purchase price as an adjustment to goodwill.
The timing of the resolution of income tax examinations is highly uncertain and the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ materially from the amounts accrued for each year.
While it is reasonably possible that some issues in the IRS and other examinations could be resolved within the next 12 months, based upon the current facts and circumstances, we cannot estimate the timing of such resolution or range of potential changes as it relates to the unrecognized tax benefits that are recorded as part of our financial statements.
We do not expect any material settlements in fiscal 2009 but it is inherently uncertain to determine.
ADOBE INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) 91 non-employee director is a restricted stock unit award having an aggregate value of $0.3 million based on the average stock price over the 30 calendar days ending on the day before the date of grant and vest 100% on the day preceding the next annual meeting.
The actual target grant value will be prorated based on the number of days remaining before the next annual meeting or the date of the first anniversary of our last annual meeting if the next annual meeting is not yet scheduled.
Annual equity grants to non-employee directors in the form of restricted stock units shall have an aggregate value of $0.3 million as based on the average stock price over the 30 calendar days ending on the day before the date of grant and vest 100% on the day preceding the next annual meeting.

<table><tr><td></td><td>Initial</td><td>Revised</td></tr><tr><td>Receivables</td><td>$101</td><td>$100</td></tr><tr><td>Inventories</td><td>173</td><td>166</td></tr><tr><td>Prepaid expenses and other</td><td>5</td><td>5</td></tr><tr><td>Property and equipment</td><td>33</td><td>33</td></tr><tr><td>Goodwill</td><td>46</td><td>64</td></tr><tr><td>Other intangible assets</td><td>243</td><td>240</td></tr><tr><td>Accounts payable</td><td>-24</td><td>-24</td></tr><tr><td>Accrued liabilities</td><td>-25</td><td>-30</td></tr><tr><td>Other liabilities</td><td>-4</td><td>-5</td></tr><tr><td>Total</td><td>$548</td><td>$549</td></tr></table>
<table><tr><td></td><td colspan="3">For the Year Ended December 31,</td></tr><tr><td></td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>Balance, beginning of period</td><td>$22,498</td><td>$30,094</td><td>$33,282</td></tr><tr><td>Provision for credit losses</td><td>11,304</td><td>7,319</td><td>6,635</td></tr><tr><td>Accounts written off, net of recoveries</td><td>-10,342</td><td>-14,915</td><td>-9,823</td></tr><tr><td>Balance, end of period</td><td>$23,460</td><td>$22,498</td><td>$30,094</td></tr></table>
<table><tr><td></td><td>High</td><td>Low</td><td>Close</td><td>Declared Dividends</td></tr><tr><td>2016</td><td></td><td></td><td></td><td></td></tr><tr><td>1stQuarter</td><td>$208.12</td><td>$176.11</td><td>$207.69</td><td>$1.60</td></tr><tr><td>2ndQuarter</td><td>217.17</td><td>190.82</td><td>216.90</td><td>1.60</td></tr><tr><td>3rdQuarter</td><td>229.10</td><td>206.02</td><td>207.01</td><td>1.65</td></tr><tr><td>4thQuarter</td><td>206.29</td><td>173.11</td><td>177.67</td><td>1.65</td></tr><tr><td>2017</td><td></td><td></td><td></td><td></td></tr><tr><td>1stQuarter</td><td>$188.10</td><td>$163.55</td><td>$172.03</td><td>$1.75</td></tr><tr><td>2ndQuarter</td><td>176.17</td><td>150.15</td><td>161.76</td><td>1.75</td></tr><tr><td>3rdQuarter</td><td>167.12</td><td>152.51</td><td>161.01</td><td>1.80</td></tr><tr><td>4thQuarter</td><td>172.35</td><td>153.71</td><td>171.74</td><td>1.85</td></tr></table>
<table><tr><td></td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>Interest and other income, net:</td><td></td><td></td><td></td></tr><tr><td>Interest income</td><td>$57,588</td><td>$92,794</td><td>$74,783</td></tr><tr><td>Foreign exchange losses</td><td>-17,494</td><td>-9,264</td><td>-8,077</td></tr><tr><td>Fixed income investment gains and (losses), net</td><td>1,660</td><td>-2,576</td><td>-1,098</td></tr><tr><td>Other</td><td>2,093</td><td>1,770</td><td>1,675</td></tr><tr><td>Interest and other income, net</td><td>$43,847</td><td>$82,724</td><td>$67,283</td></tr><tr><td>Interest expense</td><td>$-10,019</td><td>$-253</td><td>$-98</td></tr><tr><td>Investment gains and (losses), net:</td><td></td><td></td><td></td></tr><tr><td>Realized investment gains</td><td>$18,398</td><td>$9,308</td><td>$76,239</td></tr><tr><td>Unrealized investment gains</td><td>7,803</td><td>5,265</td><td>3,352</td></tr><tr><td>Realized investment losses</td><td>-1,417</td><td>-2,236</td><td>-2,389</td></tr><tr><td>Unrealized investment losses</td><td>-8,375</td><td>-5,203</td><td>-15,953</td></tr><tr><td>Investment gains and (losses), net</td><td>$16,409</td><td>$7,134</td><td>$61,249</td></tr><tr><td>Total non-operating income, net</td><td>$50,237</td><td>$89,605</td><td>$128,434</td></tr></table>
<table><tr><td>Beginning balance as of December 1, 2007</td><td>$201,808</td></tr><tr><td>Gross increases in unrecognized tax benefits – prior year tax positions</td><td>14,009</td></tr><tr><td>Gross increases in unrecognized tax benefits – current year tax positions</td><td>11,350</td></tr><tr><td>Settlements with taxing authorities</td><td>-81,213</td></tr><tr><td>Lapse of statute of limitations</td><td>-3,512</td></tr><tr><td>Foreign exchange gains and losses</td><td>-2,893</td></tr><tr><td>Ending balance as of November 28, 2008</td><td>$139,549</td></tr></table>

Question: In the year with lowest amount of 1stQuarter for High, what's the increasing rate of 3rdQuarter for Low?