expenditures.
Increased capital expenditures at Ameren Missouri and Ameren Illinois, discussed below, were partially offset by a $171 million decrease in capital expenditures at ATXI.
ATXI’s capital expenditures decreased as a result of decreased expenditures on the Illinois Rivers and Spoon River projects.
The Spoon River project was placed in service in February 2018.
Ameren Missouri’s cash used in investing activities increased $292 million during 2018 compared with 2017, primarily due to money pool activity and increased capital expenditures.
During 2018, Ameren Missouri had no money pool activity, compared with $161 million in returns of net money pool advances received during 2017.
Additionally, capital expenditures increased $141 million between periods, primarily related to energy center projects and electric distribution system reliability projects.
The increase in capital expenditures was partially offset by an $11 million decrease due to the timing of nuclear fuel expenditures.
Ameren Illinois’ cash used in investing activities increased $178 million during 2018 compared with 2017 due to an increase in capital expenditures of $182 million, primarily related to substation upgrades, upgrades to natural gas main infrastructure, and electric transmission system reliability projects.2017 versus 2016 Ameren’s cash used in investing activities increased $46 million during 2017 compared with 2016, primarily as a result of increased capital expenditures of $56 million.
Increased capital expenditures at Ameren Missouri and Ameren Illinois, discussed below, were partially offset by a $127 million decrease in capital expenditures at ATXI.
Reduced spending on ATXI’s Illinois Rivers project was partially offset by an increase in spending on its Spoon River project.
Ameren Missouri’s cash used in investing activities decreased $253 million during 2017 compared with 2016, primarily because of net money pool advances.
During 2017, Ameren Missouri received $161 million in returns of net money pool advances compared with investing $125 million in net money pool advances in 2016.
This decrease was partially offset by a $35 million increase in capital expenditures, primarily related to electric distribution and transmission system reliability projects and energy center projects.
Ameren Illinois’ cash used in investing activities increased $152 million during 2017 compared with 2016 because of increased capital expenditures, primarily related to electric transmission system reliability projects and natural gas infrastructure projects.
Capital Expenditures The following table presents our capital expenditures for the years ended December 31, 2018, 2017, and 2016:
## Table 0 ##
(a) Includes amounts for the elimination of intercompany transfers.
Ameren’s 2018 capital expenditures consisted of expenditures made by its subsidiaries, including ATXI, which spent $118 million primarily on the Illinois Rivers and Mark Twain projects.
Ameren Illinois spent $444 million on transmission projects, $188 million on natural gas projects eligible for QIP recovery, and $89 million on IEIMA projects.
Other capital expenditures were made principally to maintain, upgrade, and improve the reliability of the transmission and distribution systems of Ameren Missouri and Ameren Illinois by investing in substation upgrades, energy center projects, and smart-grid technology.
Additionally, the Ameren Companies invested in various software projects.
Ameren’s 2017 capital expenditures consisted of expenditures made by its subsidiaries, including ATXI, which spent $289 million primarily on the Illinois Rivers and Spoon River projects.
Ameren Illinois spent $355 million on transmission projects, $153 million on natural gas projects eligible for QIP recovery, and $123 million on IEIMA projects.
Other capital expenditures were made principally to maintain, upgrade, and improve the reliability of the transmission and distribution systems of Ameren Missouri and Ameren Illinois by investing in substation upgrades, energy center projects, and smart-grid technology.
Additionally, the Ameren Companies invested in various software projects.
Ameren’s 2016 capital expenditures consisted of expenditures made by its subsidiaries, including ATXI, which spent $416 million primarily on the Illinois Rivers project.
Ameren Illinois spent $273 million on transmission projects and $109 million on IEIMA projects.
Other capital expenditures were made principally to maintain, upgrade, and improve the reliability of the transmission and distribution systems of Ameren Missouri and Ameren Illinois as well as to fund various Ameren Missouri energy center upgrades.
Notes To Consolidated Financial Statements Beginning in fiscal 2006 we qualify for the annual domestic manufacturer tax deduction under the American Jobs Creation Act of 2004 (the Act).
SFAS 109 provides that this deduction should be accounted for as a special deduction and not as a tax rate reduction.
The Act also provided for a special one-time tax deduction for foreign earnings that were repatriated by the end of our fiscal year ended July 31, 2006.
We did not receive any benefit from this portion of the Act.
Under current legislation, the federal research and experimental credit does not apply to expenses incurred after December 31, 2005.
Although the credit may be extended, in accordance with SFAS 109 we did not assume tax benefits for any federal research and experimental credit after this expiration date.
Significant deferred tax assets and liabilities were as follows at the dates indicated:
## Table 1 ##
We have provided a valuation allowance related to the benefits of certain state capital loss carryforwards and state net operating losses that we believe are unlikely to be realized.
The valuation allowance decreased by $1.6 million in fiscal 2006 and by $1.5 million in fiscal 2005.
The valuation allowance did not change in fiscal 2004.
The components of total net deferred tax assets, net of valuation allowance, as shown on our balance sheet were as follows at the dates indicated:
## Table 2 ##
At July 31, 2006, we had various state net operating loss carryforwards totaling approximately $60.0 million for which we have recorded a gross deferred tax asset of $4.1 million and a valuation allowance of $2.8 million.
These net operating losses will expire starting in fiscal 2022.
At July 31, 2006, we had state capital loss carryovers of $29.2 million for which we have recorded a gross deferred tax asset of $2.2 million and a valuation allowance of $1.6 million.
The majority of these state capital losses will expire in fiscal 2008.
Utilization of the net operating losses and state capital losses may be subject to substantial annual limitation.
The annual limitation may result in the expiration of net operating losses and capital losses before utilization.12.
Stockholders’ Equity Stock Split Our Board of Directors authorized a two-for-one stock split which was effected in the form of a 100% stock dividend on July 6, 2006 to stockholders of record on June 21, 2006.
All share and per share figures in the statements of operations and notes to the financial statements retroactively reflect this stock split.
This stock split was an equity restructuring that is considered a modification under SFAS 123(R), but it did not result in a change in fair value of any equity awards.
Average daily sales volumes and average realized sales prices were as follows:
## Table 3 ##
(1) Effective in 2008, we began reporting US NGLs separately, which has lowered the comparative natural gas sales volumes from 2007 to 2008 and 2009.
For 2007, US NGL sales volumes were included with natural gas volumes.
(2) Average realized crude oil and condensate prices reflect reductions of $2.13 per Bbl for 2009, $22.06 per Bbl for 2008, and $13.68 per Bbl for 2007 from hedging activities.
Average realized natural gas prices reflect increases of $0.23 per Mcf for 2008 and $1.12 per Mcf for 2007 from hedging activities.
The effect of hedging activities on the average realized natural gas price for 2009 was de minimis.
The price increases and reductions resulted from hedge gains and losses that had been previously deferred in accumulated other comprehensive income or loss (AOCL).
(3) Average realized crude oil and condensate prices reflect reductions of $5.57 per Bbl for 2009, $7.59 per Bbl for 2008 and $2.19 per Bbl for 2007 from hedging activities.
The price reductions resulted from hedge losses that had been previously deferred in AOCL.
Natural gas from the Alba field in Equatorial Guinea is under contract for $0.25 per MMBtu to a methanol plant, an LPG plant and an LNG plant.
The methanol and LPG plants are owned by affiliated entities accounted for under the equity method of accounting.
(4) The natural gas-to-power project in Ecuador is 100% owned by our subsidiaries and intercompany natural gas sales are eliminated for accounting purposes.
Electricity sales are included in other revenues.
See Electricity Sales and Expense below.
(5) Volumes represent sales of condensate and LPG from the Alba Plant in Equatorial Guinea.
See Income from Equity Method Investees below.

<table><tr><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>Ameren Missouri</td><td>$914</td><td>$773</td><td>$738</td></tr><tr><td>Ameren Illinois Electric Distribution</td><td>503</td><td>476</td><td>470</td></tr><tr><td>Ameren Illinois Natural Gas</td><td>311</td><td>245</td><td>181</td></tr><tr><td>Ameren Illinois Transmission</td><td>444</td><td>355</td><td>273</td></tr><tr><td>ATXI</td><td>118</td><td>289</td><td>416</td></tr><tr><td>Other<sup>(a)</sup></td><td>-4</td><td>-6</td><td>-2</td></tr><tr><td>Ameren</td><td>$2,286</td><td>$2,132</td><td>$2,076</td></tr></table>
<table><tr><td></td><td colspan="2"> July 31,</td></tr><tr><td><i>(In thousands)</i></td><td> 2006</td><td> 2005</td></tr><tr><td>Deferred tax assets:</td><td></td><td></td></tr><tr><td>Accruals and reserves not currently deductible</td><td>$30,253</td><td>$37,233</td></tr><tr><td>Accrued and deferred compensation</td><td>22,292</td><td>18,729</td></tr><tr><td>Loss and tax credit carryforwards</td><td>6,434</td><td>20,387</td></tr><tr><td>Intangible assets</td><td>77,851</td><td>87,500</td></tr><tr><td>Property and equipment</td><td>19,506</td><td>1,394</td></tr><tr><td>Share-based compensation</td><td>22,704</td><td>3,057</td></tr><tr><td>Other, net</td><td>18,007</td><td>11,834</td></tr><tr><td>Total deferred tax assets</td><td>197,047</td><td>180,134</td></tr><tr><td>Deferred tax liabilities:</td><td></td><td></td></tr><tr><td>Other, net</td><td>762</td><td>824</td></tr><tr><td>Total deferred tax liabilities</td><td>762</td><td>824</td></tr><tr><td>Total net deferred tax assets</td><td>196,285</td><td>179,310</td></tr><tr><td>Valuation allowance</td><td>-4,389</td><td>-5,981</td></tr><tr><td>Total net deferred tax assets, net of valuation allowance</td><td>$191,896</td><td>$173,329</td></tr></table>
<table><tr><td></td><td colspan="2"> July 31,</td></tr><tr><td><i>(In thousands)</i></td><td> 2006</td><td> 2005</td></tr><tr><td>Current deferred income taxes</td><td>$47,199</td><td>$54,854</td></tr><tr><td>Long-term deferred income taxes</td><td>144,697</td><td>118,475</td></tr><tr><td>Total net deferred tax assets, net of valuation allowance</td><td>$191,896</td><td>$173,329</td></tr></table>
<table><tr><td></td><td colspan="4">Sales Volumes</td><td colspan="3">Average Realized Sales Prices</td></tr><tr><td></td><td>Crude Oil & Condensate (MBpd)</td><td>Natural Gas (MMcfpd)</td><td>NGLs(MBpd)(1)</td><td>Total (Boepd)</td><td>Crude Oil & Condensate(Per Bbl)</td><td>Natural Gas(Per Mcf)</td><td>NGLs (Per Bbl)</td></tr><tr><td>Year Ended December 31, 2009</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States-2</td><td>37</td><td>397</td><td>10</td><td>113</td><td>$55.19</td><td>$3.61</td><td>$27.96</td></tr><tr><td>Equatorial Guinea-3</td><td>14</td><td>239</td><td>-</td><td>54</td><td>55.94</td><td>0.27</td><td>-</td></tr><tr><td>Israel</td><td>-</td><td>114</td><td>-</td><td>19</td><td>-</td><td>3.47</td><td>-</td></tr><tr><td>North Sea</td><td>7</td><td>5</td><td>-</td><td>8</td><td>59.51</td><td>5.75</td><td>-</td></tr><tr><td>Ecuador-4</td><td>-</td><td>26</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>China</td><td>4</td><td>-</td><td>-</td><td>4</td><td>54.40</td><td>-</td><td>-</td></tr><tr><td>Total Consolidated Operations</td><td>62</td><td>781</td><td>10</td><td>202</td><td>55.76</td><td>2.54</td><td>27.96</td></tr><tr><td>Equity Investees-5</td><td>2</td><td>-</td><td>6</td><td>8</td><td>59.51</td><td>-</td><td>36.03</td></tr><tr><td>Total</td><td>64</td><td>781</td><td>16</td><td>210</td><td>$55.87</td><td>$2.54</td><td>$31.20</td></tr><tr><td>Year Ended December 31, 2008</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States-2</td><td>40</td><td>395</td><td>9</td><td>116</td><td>$75.53</td><td>$8.12</td><td>$50.15</td></tr><tr><td>Equatorial Guinea-3</td><td>15</td><td>206</td><td>-</td><td>49</td><td>88.95</td><td>0.27</td><td>-</td></tr><tr><td>Israel</td><td>-</td><td>139</td><td>-</td><td>23</td><td>-</td><td>3.10</td><td>-</td></tr><tr><td>North Sea</td><td>10</td><td>5</td><td>-</td><td>11</td><td>100.56</td><td>10.54</td><td>-</td></tr><tr><td>Ecuador-4</td><td>-</td><td>22</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>China</td><td>4</td><td>-</td><td>-</td><td>4</td><td>82.66</td><td>-</td><td>-</td></tr><tr><td>Total Consolidated Operations</td><td>69</td><td>767</td><td>9</td><td>207</td><td>82.60</td><td>5.04</td><td>50.15</td></tr><tr><td>Equity Investees-5</td><td>2</td><td>-</td><td>6</td><td>8</td><td>96.77</td><td>-</td><td>58.81</td></tr><tr><td>Total</td><td>71</td><td>767</td><td>15</td><td>215</td><td>$82.96</td><td>$5.04</td><td>$53.45</td></tr><tr><td>Year Ended December 31, 2007</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States-2</td><td>42</td><td>412</td><td>-</td><td>111</td><td>$53.22</td><td>$7.51</td><td>$-</td></tr><tr><td>Equatorial Guinea-3</td><td>15</td><td>132</td><td>-</td><td>37</td><td>71.27</td><td>0.29</td><td>-</td></tr><tr><td>Israel</td><td>-</td><td>111</td><td>-</td><td>18</td><td>-</td><td>2.79</td><td>-</td></tr><tr><td>North Sea</td><td>13</td><td>6</td><td>-</td><td>14</td><td>76.47</td><td>6.54</td><td>-</td></tr><tr><td>Ecuador-4</td><td>-</td><td>26</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>China</td><td>4</td><td>-</td><td>-</td><td>4</td><td>58.79</td><td>-</td><td>-</td></tr><tr><td>Argentina</td><td>3</td><td>-</td><td>-</td><td>3</td><td>46.79</td><td>-</td><td>-</td></tr><tr><td>Total Consolidated Operations</td><td>77</td><td>687</td><td>-</td><td>191</td><td>60.61</td><td>5.26</td><td>-</td></tr><tr><td>Equity Investees-5</td><td>2</td><td>-</td><td>6</td><td>8</td><td>74.87</td><td>-</td><td>48.87</td></tr><tr><td>Total</td><td>79</td><td>687</td><td>6</td><td>199</td><td>$60.94</td><td>$5.26</td><td>$48.87</td></tr></table>

Question: What is the ratio of Deferred tax assets:Total deferred tax assets to the Long-term deferred income taxes in 2006?
Answer: 1.36179