McKESSON CORPORATION FINANCIAL NOTES (Continued) Weighted-average assumptions used to estimate the net periodic pension expense and the actuarial present value of benefit obligations were as follows:
## Table 0 ##
(1) This assumption is no longer needed in actuarial valuations as U. S.  plans are frozen or have fixed benefits for the remaining active participants.
Our defined benefit pension plan liabilities are valued using a discount rate based on a yield curve developed from a portfolio of high quality corporate bonds rated AA or better whose maturities are aligned with the expected benefit payments of our plans.
For March 31, 2018, our U. S.  defined benefit liabilities are valued using a weighted average discount rate of 3.69%, which represents an increase of 30 basis points from our 2017 weighted-average discount rate of 3.39%.
Our non-U.
S.  defined benefit pension plan liabilities are valued using a weighted-average discount rate of 2.35%, which represents no change from 2017.
Plan Assets Investment Strategy: The overall objective for U.  S.  pension plan assets is to generate long-term investment returns consistent with capital preservation and prudent investment practices, with a diversification of asset types and investment strategies.
Periodic adjustments are made to provide liquidity for benefit payments and to rebalance plan assets to their target allocations.
The target allocations for U. S.  plan assets at March 31, 2018 and 2017 are 26% and 50% equity investments, 70% and 45% fixed income investments including cash and cash equivalents and 4% and 5% real estate.
Equity investments include common stock, preferred stock, and equity commingled funds.
Fixed income investments include corporate bonds, government securities, mortgage-backed securities, asset-backed securities, other directly held fixed income investments, and fixed income commingled funds.
The real estate investments are in a commingled real estate fund.
For both U. S.  and non-U.
S.  plan assets, the investment strategies are subject to local regulations and the asset/liability profiles of the plans in each individual country.
Plan assets of the non-U.
S.  plans are broadly invested in a manner appropriate to the nature and duration of the expected future retirement benefits payable under the plans.
Plan assets are primarily invested in high-quality corporate and government bond funds and equity securities.
Assets are properly diversified to avoid excessive reliance on any particular asset, issuer or group of undertakings so as to avoid accumulations of risk in the portfolio as a whole.
We develop the expected long-term rate of return assumption based on the projected performance of the asset classes in which plan assets are invested.
The target asset allocation was determined based on the liability and risk tolerance characteristics of the plans and at times may be adjusted to achieve overall investment objectives.
by which the current book value of the asset exceeds the fair value of the asset.
If a property is held for sale, it is carried at the lower of cost or estimated fair value, less estimated cost to sell.
In 2007, we recorded a provision for impairment of $134,000 on one retail investment property in the motor vehicle industry.
This provision for impairment is included in “income from dis- continued operations, real estate held for investment” on our consolidated statement of income (“Discontinued Operations”).
In 2007, we also recorded a provision for impairment of $138,000 on one retail investment property in the consumer electronics industry.
This provision for impairment is included in property expense on our consolidated statements of income.
In 2006, we recorded a provision for impairment of $16,000 on one retail investment property in the restaurant industry.
In 2005, we recorded provisions for impairment of $186,000 on four retail properties, of which two have been sold.
These prop- erties were classified in the following industries: one in child care and three in restaurant.
The provisions for impairment recorded on investment proper- ties in 2006 and 2005 are included in Discontinued Operations, except for $151,000 in 2005 which is included in property expense on our consolidated statements of income.
In 2006, Crest recorded provisions for impairment of $1.2 million on three retail properties, which were held for resale at December 31, 2006.
One of the three properties was sold in 2007.
No provision for impairment was recorded by Crest in 2007 or 2005.
Provisions for impairment recorded by Crest are included in “income from discontinued operations, real estate acquired for resale by Crest” on our consolidated statements of income.
Acquired In-place Leases In accordance with FASB Statement No.141, Business Combinations (“SFAS 141”), the fair value of the real estate acquired with in-place operating leases is allocated to the acquired tangible assets, consisting of land, building and improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, the value of in-place leases and tenant relationships, based in each case on their fair values.
The fair value of the tangible assets of an acquired property (which includes land and buildings/improvements) is determined by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to land and buildings/improvements based on our determination of the relative fair value of these assets.
Our determinations are based on a real estate appraisal for each property, generated by an independent appraisal firm, and consider estimates of carrying costs during the expected lease-up periods, current market conditions, as well as costs to execute similar leases.
In allocating the fair value to identified intangibles for above-market or below-market leases, an amount is recorded based on the present value of the difference between (i) the contractual amount to be paid pursuant to the in-place lease and (ii) our estimate of fair market lease rate for the corre- sponding in-place lease, measured over a period equal to the remaining term of the lease.
Capitalized above-market lease values are amortized as a reduction of rental income over the remaining terms of the respective leases.
Capitalized below-market lease values are amortized as an increase to rental income over the remaining terms of the respective leases and expected below-market renewal option periods.
The aggregate value of other acquired intangible assets con- sists of the value of in-place leases and tenant relationships.
These are measured by the excess of the purchase price paid for a property, after adjusting for above or below-market lease value, less the estimated fair value of the property “as if vacant,” deter- mined as set forth above.
The value of in-place leases, exclusive of the value of above-market and below-market in-place leases, is amortized to expense over the remaining periods of the respec- tive leases.
If a lease were to be terminated prior to its stated expiration, all unamortized amounts relating to that lease would be recorded to revenue or expense as appropriate.
Share-Based Compensation Effective January 1, 2006, we adopted FASB Statement No.123R, Share-Based Payments.
Statement No.123R requires companies to recognize in the income state- ment the grant-date fair value of stock options and other equity- based compensation issued to employees.
Effective January 1, 2002, we adopted the fair value recognition provisions of FASB Statement No.123, Accounting for Stock-Based Compensation, and starting January 1, 2002 expensed costs for all stock option awards granted, modified, or settled.
Goodwill Goodwill is tested for impairment during the second quarter of each year as well as when events or circumstances occur indicating that our goodwill might be impaired.
We did not record any new goodwill or impairment on our existing goodwill during 2007, 2006 or 2005.
Other Assets Other assets consist of the following (in thousands):
## Table 1 ##
The following table sets forth the composition of the portion of our fixed maturity securities portfolio by industry category attributable to the Closed Block Business as of the dates indicated and the associated gross unrealized gains and losses.
## Table 2 ##
(1) Investment data has been classified based on Lehman industry categorizations for domestic public holdings and similar classifications by industry for all other holdings.
As a percentage of amortized cost, fixed maturity investments attributable to the Closed Block Business as of December 31, 2005 consist primarily of 18% manufacturing sector, 15% finance sector, 14% asset-backed securities sector, 12% utilities sector, and 10% U. S.  government sector, compared to 19% manufacturing sector, 13% utilities sector, 12% finance sector, 11% services sector, and 10% assetbacked securities as of December 31, 2004.
As of December 31, 2005, 83% of the mortgage-backed securities in the Closed Block Business were publicly traded agency pass-through securities related to residential mortgage loans.
Collateralized mortgage obligations represented the remaining 17% of mortgage-backed securities (and 1% of total fixed maturities in the Closed Block Business).
The gross unrealized losses related to our fixed maturity portfolio attributable to the Closed Block Business were $0.3 billion as of December 31, 2005 and $0.1 billion as of December 31, 2004.
The gross unrealized losses were concentrated primarily in the manufacturing, utilities and finance sectors as of both December 31, 2005 and 2004.
Fixed Maturity Securities Credit Quality The Securities Valuation Office, or SVO, of the National Association of Insurance Commissioners, or NAIC, evaluates the investments of insurers for regulatory reporting purposes and assigns fixed maturity securities to one of six categories called “NAIC Designations.
” NAIC designations of “1” or “2” include fixed maturities considered investment grade, which include securities rated Baa3 or higher by Moody’s or BBB- or higher by Standard & Poor’s.
NAIC Designations of “3” through “6” are referred to as below investment grade, which include securities rated Ba1 or lower by Moody’s and BB+ or lower by Standard & Poor’s.
As a result of time lags between the funding of investments, the finalization of legal documents and the completion of the SVO filing process, the fixed maturity portfolio generally includes securities that have not yet been rated by the SVO as of each balance sheet date.
Pending receipt of SVO ratings, the categorization of these securities by NAIC designation is based on the expected ratings indicated by internal analysis.
Investments of our international insurance companies are not subject to NAIC guidelines.
Investments of our Japanese insurance operations are regulated locally by the Financial Services Agency, an agency of the Japanese government.
The Financial Services Agency has its own investment quality criteria and risk control standards.
Our Japanese insurance companies comply with the Financial Services Agency’s credit quality review and risk monitoring guidelines.
The credit quality ratings of the non-U.
S.  dollar denominated investments of our Japanese insurance companies are based on ratings assigned by Moody’s or rating equivalents based on Japanese government ratings.
The amortized cost of our public and private below investment grade fixed maturities attributable to the Financial Services Businesses totaled $6.0 billion, or 6%, of the total fixed maturities as of December 31, 2005 and $5.5 billion, or 5%, of the total fixed maturities as of December 31, 2004.
Below investment grade fixed maturities represented 14% of the gross unrealized losses attributable to the Financial Services Businesses as of December 31, 2005, versus 16% of gross unrealized losses as of December 31, 2004.
The amortized cost of our public and private below investment grade fixed maturities attributable to the Closed Block Business totaled $5.9 billion, or 12%, of the total fixed maturities as of December 31, 2005 and $5.2 billion, or 11%, of the total fixed maturities as of December 31, 2004.
Below investment grade fixed maturities represented 24% of the gross unrealized losses attributable to the Closed Block Business as of December 31, 2005 compared to 20% as of December 31, 2004.

<table><tr><td></td><td colspan="3">U.S. Plans Years Ended March 31,</td><td colspan="3">Non-U.S. Plans Years Ended March 31,</td></tr><tr><td></td><td>2018</td><td>2017</td><td>2016</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>Net periodic pension expense</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Discount rates</td><td>3.55%</td><td>3.40%</td><td>3.36%</td><td>2.34%</td><td>2.72%</td><td>2.36%</td></tr><tr><td>Rate of increase in compensation</td><td>4.00</td><td>4.00</td><td>4.00</td><td>2.72</td><td>2.76</td><td>2.80</td></tr><tr><td>Expected long-term rate of return on plan assets</td><td>6.25</td><td>6.25</td><td>6.75</td><td>4.03</td><td>4.51</td><td>4.87</td></tr><tr><td>Benefit obligation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Discount rates</td><td>3.69%</td><td>3.39%</td><td>3.27%</td><td>2.35%</td><td>2.35%</td><td>2.84%</td></tr><tr><td>Rate of increase in compensation</td><td>N/A -1</td><td>4.00</td><td>4.00</td><td>2.59</td><td>3.18</td><td>2.98</td></tr></table>
<table><tr><td>December 31,</td><td>2007</td><td>2006</td></tr><tr><td>Deferred bond financing costs, net</td><td>$14,940</td><td>$10,868</td></tr><tr><td>Value of in-place and above-market leases, net</td><td>11,211</td><td>10,430</td></tr><tr><td>Prepaid expenses</td><td>3,803</td><td>3,271</td></tr><tr><td>Corporate assets, net of accumulated depreciation and amortization</td><td>1,356</td><td>463</td></tr><tr><td>Settlements on treasury lock agreements</td><td>759</td><td>1,629</td></tr><tr><td>Unamortized credit line fees, net</td><td>434</td><td>954</td></tr><tr><td>Other items</td><td>3,145</td><td>80</td></tr><tr><td></td><td>$35,648</td><td>$27,695</td></tr></table>
<table><tr><td></td><td colspan="4"> December 31, 2005 </td><td colspan="4"> December 31, 2004 </td></tr><tr><td> Industry-1</td><td> Amortized Cost </td><td> Gross Unrealized Gains </td><td> Gross Unrealized Losses </td><td> Fair value </td><td> Amortized Cost </td><td> Gross Unrealized Gains </td><td> Gross Unrealized Losses </td><td> Fair Value </td></tr><tr><td></td><td colspan="8"> (in millions)</td></tr><tr><td>Corporate Securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Manufacturing</td><td>$8,490</td><td>$468</td><td>$88</td><td>$8,870</td><td>$8,853</td><td>$770</td><td>$14</td><td>$9,609</td></tr><tr><td>Finance</td><td>6,881</td><td>188</td><td>44</td><td>7,025</td><td>5,537</td><td>287</td><td>8</td><td>5,816</td></tr><tr><td>Utilities</td><td>5,875</td><td>409</td><td>48</td><td>6,236</td><td>5,938</td><td>572</td><td>8</td><td>6,502</td></tr><tr><td>Services</td><td>4,722</td><td>273</td><td>34</td><td>4,961</td><td>4,948</td><td>482</td><td>6</td><td>5,424</td></tr><tr><td>Energy</td><td>2,177</td><td>201</td><td>5</td><td>2,373</td><td>2,354</td><td>276</td><td>2</td><td>2,628</td></tr><tr><td>Retail and Wholesale</td><td>1,845</td><td>98</td><td>15</td><td>1,928</td><td>2,029</td><td>183</td><td>3</td><td>2,209</td></tr><tr><td>Transportation</td><td>1,138</td><td>96</td><td>5</td><td>1,229</td><td>1,292</td><td>114</td><td>2</td><td>1,404</td></tr><tr><td>Other</td><td>24</td><td>4</td><td>—</td><td>28</td><td>27</td><td>5</td><td>—</td><td>32</td></tr><tr><td>Total Corporate Securities</td><td>31,152</td><td>1,737</td><td>239</td><td>32,650</td><td>30,978</td><td>2,689</td><td>43</td><td>33,624</td></tr><tr><td>Asset-Backed Securities</td><td>6,847</td><td>26</td><td>13</td><td>6,860</td><td>4,675</td><td>41</td><td>3</td><td>4,713</td></tr><tr><td>U.S. Government</td><td>4,828</td><td>579</td><td>2</td><td>5,405</td><td>4,533</td><td>450</td><td>3</td><td>4,980</td></tr><tr><td>Mortgage Backed</td><td>3,145</td><td>18</td><td>32</td><td>3,131</td><td>3,894</td><td>78</td><td>5</td><td>3,967</td></tr><tr><td>Foreign Government</td><td>1,278</td><td>175</td><td>5</td><td>1,448</td><td>1,344</td><td>187</td><td>2</td><td>1,529</td></tr><tr><td>Total</td><td>$47,250</td><td>$2,535</td><td>$291</td><td>$49,494</td><td>$45,424</td><td>$3,445</td><td>$56</td><td>$48,813</td></tr></table>

Question: Does the value of Manufacturing for Amortized Cost in 2005 greater than that in 2004 ?
Answer: No