Additional details about the company’s receivables sales agreement and debt are available in Notes 6 and 12, respectively, accompanying the consolidated financial statements within Item 8 of this report.
Other Liquidity Items Cash payments required for long-term debt maturities, rental payments under noncancellable operating leases and purchase obligations in effect at December 31, 2006, are summarized in the following table:
## Table 0 ##
(a) Amounts reported in local currencies have been translated at the year-end exchange rates.
(b) For variable rate facilities, amounts are based on interest rates in effect at year end.
(c) The company’s purchase obligations include contracted amounts for aluminum, steel, plastic resin and other direct materials.
Also included are commitments for purchases of natural gas and electricity, aerospace and technologies contracts and other less significant items.
In cases where variable prices and/or usage are involved, management’s best estimates have been used.
Depending on the circumstances, early termination of the contracts may not result in penalties and, therefore, actual payments could vary significantly.
Contributions to the company’s defined benefit pension plans, not including the unfunded German plans, are expected to be $69.1 million in 2007.
This estimate may change based on plan asset performance.
Benefit payments related to these plans are expected to be $62.6 million, $65.1 million, $68.9 million, $73.9 million and $75.1 million for the years ending December 31, 2007 through 2011, respectively, and $436.7 million combined for 2012 through 2016.
Payments to participants in the unfunded German plans are expected to be $24.6 million, $25.1 million, $25.5 million, $25.9 million and $26.1 million in the years 2007 through 2011, respectively, and a total of $136.6 million thereafter.
We reduced our share repurchase program in 2006 to $45.7 million, net of issuances, compared to $358.1 million net repurchases in 2005 and $50 million in 2004.
The net repurchases in 2006 did not include a forward contract entered into in December 2006 for the repurchase of 1,200,000 shares.
The contract was settled on January 5, 2007, for $51.9 million in cash.
In 2007 we expect to repurchase approximately $175 million, net of issuances, and to reduce debt levels by more than $125 million.
Annual cash dividends paid on common stock were 40 cents per share in 2006 and 2005 and 35 cents per share in 2004.
Total dividends paid were $41 million in 2006, $42.5 million in 2005 and $38.9 million in 2004.
The following are the balances of our derivative assets and liabilities as of December 31, 2016 and December 31, 2015:
## Table 1 ##
(1) We classify derivative assets and liabilities as current when the remaining term of the derivative contract is one year or less.
Other Fair Value Measurements Recurring Fair Value Measurements On a recurring basis, we measure certain financial assets and financial liabilities at fair value based upon quoted market prices, where available.
Where quoted market prices or other observable inputs are not available, we apply valuation techniques to estimate fair value.
Topic 820 establishes a three-level valuation hierarchy for disclosure of fair value measurements.
The categorization of financial assets and financial liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the measurement of fair value.
The three levels of the hierarchy are defined as follows: ‰ Level 1 – Inputs to the valuation methodology are quoted market prices for identical assets or liabilities.
‰ Level 2 – Inputs to the valuation methodology are other observable inputs, including quoted market prices for similar assets or liabilities and market-corroborated inputs.
‰ Level 3 – Inputs to the valuation methodology are unobservable inputs based on management’s best estimate of inputs market participants would use in pricing the asset or liability at the measurement date, including assumptions about risk.
Assets and liabilities measured at fair value on a recurring basis consist of the following as of December 31, 2016 and December 31, 2015:
## Table 2 ##
Our investments in money market and government funds are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices.
These investments are classified as cash and cash equivalents within our accompanying consolidated balance sheets, in accordance with U. S.  GAAP and our accounting policies.
In addition to $42 million invested in money market and government funds as of December 31, 2016, we had $19 million in short-term time deposits and $135 million in interest bearing and non-interest
The following summarizes the aggregate purchase price allocation for our 2014 acquisitions as of December 31, 2014:
## Table 3 ##
We allocated a portion of the purchase price to specific intangible asset categories as follows:

<table><tr><td></td><td>Payments Due By Period(a)</td></tr><tr><td>($ in millions)</td><td>Total</td><td>Less than1 Year</td><td>1-3 Years</td><td>3-5 Years</td><td>More than 5 Years</td></tr><tr><td>Long-term debt</td><td>$2,301.6</td><td>$38.5</td><td>$278.4</td><td>$972.9</td><td>$1,011.8</td></tr><tr><td>Capital lease obligations</td><td>7.6</td><td>2.7</td><td>2.4</td><td>0.4</td><td>2.1</td></tr><tr><td>Interest payments on long-term debt(b)</td><td>826.5</td><td>138.8</td><td>259.4</td><td>204.8</td><td>223.5</td></tr><tr><td>Operating leases</td><td>185.9</td><td>45.0</td><td>58.5</td><td>38.7</td><td>43.7</td></tr><tr><td>Purchase obligations(c)</td><td>7,450.4</td><td>2,682.5</td><td>3,169.4</td><td>1,524.6</td><td>73.9</td></tr><tr><td>Total payments on contractual obligations</td><td>$10,772.0</td><td>$2,907.5</td><td>$3,768.1</td><td>$2,741.4</td><td>$1,355.0</td></tr></table>
<table><tr><td></td><td></td><td colspan="2">As of</td></tr><tr><td>(in millions)</td><td>Location in Balance Sheet -1</td><td>December 31, 2016</td><td>December 31, 2015</td></tr><tr><td>Derivative Assets:</td><td></td><td></td><td></td></tr><tr><td>Designated Hedging Instruments</td><td></td><td></td><td></td></tr><tr><td>Currency hedge contracts</td><td>Other current assets</td><td>$98</td><td>$138</td></tr><tr><td>Currency hedge contracts</td><td>Other long-term assets</td><td>65</td><td>66</td></tr><tr><td></td><td></td><td>163</td><td>204</td></tr><tr><td>Non-Designated Hedging Instruments</td><td></td><td></td><td></td></tr><tr><td>Currency hedge contracts</td><td>Other current assets</td><td>36</td><td>33</td></tr><tr><td>Total Derivative Assets</td><td></td><td>$199</td><td>$237</td></tr><tr><td>Derivative Liabilities:</td><td></td><td></td><td></td></tr><tr><td>Designated Hedging Instruments</td><td></td><td></td><td></td></tr><tr><td>Currency hedge contracts</td><td>Other current liabilities</td><td>$3</td><td>$1</td></tr><tr><td>Currency hedge contracts</td><td>Other long-term liabilities</td><td>4</td><td>—</td></tr><tr><td></td><td></td><td>7</td><td>1</td></tr><tr><td>Non-Designated Hedging Instruments</td><td></td><td></td><td></td></tr><tr><td>Currency hedge contracts</td><td>Other current liabilities</td><td>19</td><td>22</td></tr><tr><td>Total Derivative Liabilities</td><td></td><td>$26</td><td>$23</td></tr></table>
<table><tr><td></td><td colspan="4">As of December 31, 2016</td><td colspan="4">As of December 31, 2015</td></tr><tr><td>(in millions)</td><td>Level 1</td><td>Level 2</td><td>Level 3</td><td>Total</td><td>Level 1</td><td>Level 2</td><td>Level 3</td><td>Total</td></tr><tr><td>Assets</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Money market and government funds</td><td>$42</td><td>$—</td><td>$—</td><td>$42</td><td>$118</td><td>$—</td><td>$—</td><td>$118</td></tr><tr><td>Available-for-sale-securities</td><td>20</td><td>—</td><td>—</td><td>20</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Currency hedge contracts</td><td>—</td><td>199</td><td>—</td><td>199</td><td>—</td><td>237</td><td>—</td><td>237</td></tr><tr><td></td><td>$62</td><td>$199</td><td>$—</td><td>$261</td><td>$118</td><td>$237</td><td>$—</td><td>$355</td></tr><tr><td>Liabilities</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Currency hedge contracts</td><td>$—</td><td>$26</td><td>$—</td><td>$26</td><td>$—</td><td>$23</td><td>$—</td><td>$23</td></tr><tr><td>Accrued contingent consideration</td><td>—</td><td>—</td><td>204</td><td>$204</td><td>—</td><td>—</td><td>246</td><td>246</td></tr><tr><td></td><td>$—</td><td>$26</td><td>$204</td><td>$230</td><td>$—</td><td>$23</td><td>$246</td><td>$269</td></tr></table>
<table><tr><td>Goodwill</td><td>$210</td></tr><tr><td>Amortizable intangible assets</td><td>263</td></tr><tr><td>Inventory</td><td>23</td></tr><tr><td>Property, plant and equipment</td><td>17</td></tr><tr><td>Prepaid Transaction Service Agreement</td><td>5</td></tr><tr><td>Other net assets</td><td>-1</td></tr><tr><td>Deferred income taxes</td><td>-7</td></tr><tr><td></td><td>$510</td></tr></table>

Question: What is the growing rate of Total Derivative Liabilities in the years with the least Total Derivative Assets?
Answer: 0.11538