Actual capital and regulatory capital requirements for our wholly owned subsidiaries subject to regulatory capital requirements were as follows:
## Table 0 ##
NA Not applicable.
# Amounts are less than $1 million.
(1) Actual capital is determined on a statutory basis.
(2) Regulatory capital requirement is based on the statutory risk-based capital filing.
(3) Regulatory capital requirement is based on the applicable regulatory requirement, calculated as of December 31, 2012 and 2011.
(4) Actual capital is determined on an adjusted GAAP basis.
(5) ACC is required to hold capital in compliance with the Minnesota Department of Commerce and SEC capital requirements.
(6) Actual capital and regulatory capital requirements are determined in accordance with U. K.  regulatory legislation.
The actual capital and the regulatory capital requirements at December 31, 2012 represent management’s assessment at September 30, 2012 of the risk based requirements, as specified by FSA regulations and submitted to the FSA in December 2012.
(7) In January 2013, we completed the conversion of our federal savings bank subsidiary, Ameriprise Bank, FSB, to a limited powers national trust bank.
As of December 31, 2012 and 2011, Ameriprise Bank, FSB was required to maintain capital in compliance with the Office of the Comptroller of Currency (‘‘OCC’’) regulations and policies.
In addition to the particular regulations restricting dividend payments and establishing subsidiary capitalization requirements, we take into account the overall health of the business, capital levels and risk management considerations in determining a dividend strategy for payments to our company from our subsidiaries, and in deciding to use cash to make capital contributions to our subsidiaries.
During the year ended December 31, 2012, the parent holding company received cash dividends or a return of capital from its subsidiaries of $1.7 billion (including $865 million from RiverSource Life and $250 million from Ameriprise Bank, FSB) and contributed cash to its subsidiaries of $131 million.
During the year ended December 31, 2011, the parent holding company received cash dividends or a return of capital from its subsidiaries of $1.2 billion (including $750 million from RiverSource Life) and contributed cash to its subsidiaries of $128 million.
In addition, during the year ended December 31, 2011, RiverSource Life paid an $850 million dividend to the parent holding company consisting of high-quality, short-duration securities.83
Contract Balances Upon adoption of the new revenue standard, we no longer present "Contracts in progress, less progress billings" on our consolidated balance sheets.
The balance as of 30 September 2018 has been reclassified to "Other receivables and current assets. "
Our sale of equipment contracts generally contain a single performance obligation which, as discussed below, results in presentation of either a contract asset or contract liability.
The table below details balances arising from contracts with customers as of our most recent balance sheet date and our date of adoption:
## Table 1 ##
Contract assets and liabilities result from differences in timing of revenue recognition and customer invoicing.
These balances are reported on the consolidated balance sheets on a contract-by-contract basis at the end of each reporting period.
Contract assets primarily relate to our sale of equipment contracts for which revenue is recognized over time.
These balances represent unbilled revenue, which occurs when revenue recognized under the measure of progress exceeds the amount invoiced to our customers.
Our ability to invoice the customer for contract asset balances is not only based on the passage of time, but also the achievement of certain contractual milestones.
Our contract assets are included within "Other receivables and current assets" on the consolidated balance sheets.
Contract fulfillment costs primarily include deferred costs related to sale of equipment projects that cannot be inventoried and for which we expect to recognize revenue upon transfer of control at project completion or costs related to fulfilling a specific anticipated contract.
Contract fulfillment costs are generally classified as current and are included within "Other receivables and current assets" on the consolidated balance sheets.
Costs to obtain a contract, or contract acquisition costs, are capitalized only after we have established a contract with the customer.
We elected to apply the practical expedient to expense these costs as they are incurred if the amortization period of the asset that would have otherwise been recognized is one year or less.
Our contract acquisition costs capitalized as of 30 September 2019 were not material.
Contract liabilities include advance payments or right to consideration prior to performance under the contract.
Contract liabilities are recognized as revenue when or as we perform under the contract.
The increase in our contract liabilities – current balance primarily relates to new sale of equipment projects as balances associated with our sale of gas contracts are generally related to fixed charges and are relatively consistent period over period.
During the year ended 30 September 2019, we recognized approximately $110 in revenue associated with sale of equipment contracts that was included within our contract liabilities as of 30 September 2018.
The current and noncurrent portions of our contract liabilities are included within "Payables and accrued liabilities" and "Other noncurrent liabilities" on our consolidated balance sheets, respectively.
Advanced payments from our customers do not represent a significant financing component as these payments are intended for purposes other than financing, such as to meet working capital demands or to protect us from our customer failing to meet its obligations under the terms of the contract.
Changes in contract asset and liability balances during the year ended 30 September 2019 were not materially impacted by any other factors.
regions.
Principal cost drivers include manufacturing efficiency, raw material and energy costs and freight costs.
Printing Papers net sales for 2014 decreased 8% to $5.7 billion compared with $6.2 billion in 2013 and 8% compared with $6.2 billion in 2012.
Operating profits in 2014 were 106% lower than in 2013 and 103% lower than in 2012.
Excluding facility closure costs, impairment costs and other special items, operating profits in 2014 were 7% higher than in 2013 and 8% lower than in 2012.
Benefits from higher average sales price realizations and a favorable mix ($178 million), lower planned maintenance downtime costs ($26 million), the absence of a provision for bad debt related to a large envelope customer that was booked in 2013 ($28 million), and lower foreign exchange and other costs ($25 million) were offset by lower sales volumes ($82 million), higher operating costs ($49 million), higher input costs ($47 million), and costs associated with the closure of our Courtland, Alabama mill ($41 million).
In addition, operating profits in 2014 include special items costs of $554 million associated with the closure of our Courtland, Alabama mill.
During 2013, the Company accelerated depreciation for certain Courtland assets, and evaluated certain other assets for possible alternative uses by one of our other businesses.
The net book value of these assets at December 31, 2013 was approximately $470 million.
In the first quarter of 2014, we completed our evaluation and concluded that there were no alternative uses for these assets.
We recognized approximately $464 million of accelerated depreciation related to these assets in 2014.
Operating profits in 2014 also include a charge of $32 million associated with a foreign tax amnesty program, and a gain of $20 million for the resolution of a legal contingency in India, while operating profits in 2013 included costs of $118 million associated with the announced closure of our Courtland, Alabama mill and a $123 million impairment charge associated with goodwill and a trade name intangible asset in our India Papers business.
## Table 2 ##
North American Printing Papers net sales were $2.1 billion in 2014, $2.6 billion in 2013 and $2.7 billion in 2012.
Operating profits in 2014 were a loss of $398 million (a gain of $156 million excluding costs associated with the shutdown of our Courtland, Alabama mill) compared with gains of $36 million ($154 million excluding costs associated with the Courtland mill shutdown) in 2013 and $331 million in 2012.
Sales volumes in 2014 decreased compared with 2013 due to lower market demand for uncoated freesheet paper and the closure our Courtland mill.
Average sales price realizations were higher, reflecting sales price increases in both domestic and export markets.
Higher input costs for wood were offset by lower costs for chemicals, however freight costs were higher.
Planned maintenance downtime costs were $14 million lower in 2014.
Operating profits in 2014 were negatively impacted by costs associated with the shutdown of our Courtland, Alabama mill but benefited from the absence of a provision for bad debt related to a large envelope customer that was recorded in 2013.
Entering the first quarter of 2015, sales volumes are expected to be stable compared with the fourth quarter of 2014.
Average sales margins should improve reflecting a more favorable mix although average sales price realizations are expected to be flat.
Input costs are expected to be stable.
Planned maintenance downtime costs are expected to be about $16 million lower with an outage scheduled in the 2015 first quarter at our Georgetown mill compared with outages at our Eastover and Riverdale mills in the 2014 fourth quarter.
Brazilian Papers net sales for 2014 were $1.1 billion compared with $1.1 billion in 2013 and $1.1 billion in 2012.
Operating profits for 2014 were $177 million ($209 million excluding costs associated with a tax amnesty program) compared with $210 million in 2013 and $163 million in 2012.
Sales volumes in 2014 were about flat compared with 2013.
Average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2013 and in 2014.
Margins were favorably affected by an increased proportion of sales to the higher-margin domestic market.
Raw material costs increased for wood and chemicals.
Operating costs were higher than in 2013 and planned maintenance downtime costs were flat.
Looking ahead to 2015, sales volumes in the first quarter are expected to decrease due to seasonally weaker customer demand for uncoated freesheet paper.
Average sales price improvements are expected to reflect the partial realization of announced sales price increases in the Brazilian domestic market for uncoated freesheet paper.
Input costs are expected to be flat.
Planned maintenance outage costs should be $5 million lower with an outage scheduled at the Luiz Antonio mill in the first quarter.
European Papers net sales in 2014 were $1.5 billion compared with $1.5 billion in 2013 and $1.4 billion in 2012.
Operating profits in 2014 were $140 million compared with $167 million in 2013 and $179 million in 2012.
Compared with 2013, sales volumes for uncoated freesheet paper in 2014 were slightly higher in both

<table><tr><td> </td><td colspan="2"> Actual Capital</td><td colspan="2"> Regulatory Capital Requirements</td></tr><tr><td> </td><td> December 31, 2012</td><td> December 31, 2011</td><td> December 31, 2012</td><td> December 31, 2011</td></tr><tr><td> </td><td colspan="4"> (in millions) </td></tr><tr><td>RiverSource Life-1(2)</td><td>$3,257</td><td>$3,058</td><td>$620</td><td>$619</td></tr><tr><td>RiverSource Life of NY-1(2)</td><td>256</td><td>254</td><td>44</td><td>41</td></tr><tr><td>IDS Property Casualty-1(3)</td><td>462</td><td>431</td><td>160</td><td>148</td></tr><tr><td>Ameriprise Insurance Company-1(3)</td><td>43</td><td>41</td><td>2</td><td>2</td></tr><tr><td>ACC-4(5)</td><td>204</td><td>164</td><td>187</td><td>151</td></tr><tr><td>Threadneedle-6</td><td>183</td><td>218</td><td>156</td><td>170</td></tr><tr><td>Ameriprise Bank, FSB-7</td><td>142</td><td>402</td><td>14</td><td>391</td></tr><tr><td>AFSI-3(4)</td><td>88</td><td>115</td><td>2</td><td>2</td></tr><tr><td>Ameriprise Captive Insurance Company-3</td><td>59</td><td>43</td><td>12</td><td>16</td></tr><tr><td>Ameriprise Trust Company-3</td><td>48</td><td>44</td><td>47</td><td>41</td></tr><tr><td>AEIS-3(4)</td><td>114</td><td>122</td><td>39</td><td>42</td></tr><tr><td>RiverSource Distributors, Inc.-3(4)</td><td>25</td><td>27</td><td>#</td><td>#</td></tr><tr><td>Columbia Management Investment Distributors, Inc.-3(4)</td><td>29</td><td>30</td><td>#</td><td>#</td></tr></table>
<table><tr><td></td><td>30 September 2019</td><td>1 October 2018</td></tr><tr><td>Assets</td><td></td><td></td></tr><tr><td>Contract assets – current</td><td>$64.3</td><td>$53.0</td></tr><tr><td>Contract fulfillment costs – current</td><td>64.5</td><td>50.7</td></tr><tr><td>Liabilities</td><td></td><td></td></tr><tr><td>Contract liabilities – current</td><td>247.4</td><td>174.5</td></tr><tr><td>Contract liabilities – noncurrent</td><td>49.2</td><td>53.5</td></tr></table>
<table><tr><td>In millions</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>Sales</td><td>$5,720</td><td>$6,205</td><td>$6,230</td></tr><tr><td>Operating Profit (Loss)</td><td>-16</td><td>271</td><td>599</td></tr></table>

Question: What's the growth rate of RiverSource Life-1 of Actual Capital in 2012?
Answer: 0.06508