Notes to Consolidated Financial Statements Note 11.
Income Taxes The Company and its eligible subsidiaries file a consolidated federal income tax return.
The Company has entered into a separate tax allocation agreement with CNA, a majority-owned subsidiary in which its ownership exceeds 80%.
The agreement provides that the Company will (i) pay to CNA the amount, if any, by which the Company’s consolidated federal income tax is reduced by virtue of inclusion of CNA in the Company’s return, or (ii) be paid by CNA an amount, if any, equal to the federal income tax that would have been payable by CNA if it had filed a separate consolidated return.
The agreement may be canceled by either of the parties upon thirty days written notice.
For 2009, 2008 and 2007, the Internal Revenue Service (“IRS”) has invited the Company to participate in the Compliance Assurance Process (“CAP”), which is a voluntary program for a limited number of large corporations.
Under CAP, the IRS conducts a real-time audit and works contemporaneously with the Company to resolve any issues prior to the filing of the tax return.
The Company has agreed to participate.
The Company believes this approach should reduce tax-related uncertainties, if any.
In 2008, the IRS completed its review of the Company’s federal income tax return for 2007 and has made no changes to the reported tax.
The Company’s federal income tax return for 2006 is subject to examination by the IRS.
The Company settled its 2005 federal income tax return with the IRS in 2007.
The outcome of this examination did not have a material effect on its financial condition or results of operations.
In 2006, the Company’s consolidated federal income tax returns for 2002 through 2004 were settled with the IRS, including related carryback claims for refund which were approved by the Joint Committee on Taxation.
As a result, the Company recorded a federal income tax benefit of $9 million and net refund interest of $2 million, after tax and minority interest, in the year ended December 31, 2006.
The Company and/or its subsidiaries also file income tax returns in various state, local and foreign jurisdictions.
These returns, with few exceptions, are no longer subject to examination by the various taxing authorities before 2004.
As discussed in Note 1, the Company adopted the provisions of FIN No.48, “Accounting for Uncertainty in Income Taxes,” on January 1, 2007.
As a result of the implementation of FIN No.48, the Company recognized a decrease to beginning retained earnings on January 1, 2007 of $37 million.
The total amount of unrecognized tax benefits for continuing operations as of the date of adoption was approximately $20 million.
Included in the balance at January 1, 2007, were $18 million of tax positions that if recognized would affect the effective tax rate.
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
## Table 0 ##
The Company anticipates that there will be no payments due to the conclusion of state income tax examinations within the next 12 months.
Additionally, certain state and foreign income tax returns will no longer be subject to examination and as a result, there is a reasonable possibility that the amount of unrecognized tax benefits will decrease by $12 million.
At December 31, 2008, there were $24 million of tax benefits that if recognized would affect the effective rate.
The Company recognizes interest accrued related to: (i) unrecognized tax benefits in Interest expense and (ii) tax refund claims in Other revenues on the Consolidated Statements of Income.
The Company recognizes penalties in Income tax expense (benefit) on the Consolidated Statements of Income.
During 2008, the Company recorded
## Table 1 ##
(a) Ceded recoverable includes reserves transferred under retroactive reinsurance agreements of $784 as of December 31, 1999.
(b) Effective January 1, 2001, CNA established a new life insurance company, CNA Group Life Assurance Company (“CNAGLA”).
Further, on January 1, 2001 $1,055 of reserves were transferred from CCC to CNAGLA.
(c) Effective October 31, 2002, CNA sold CNA Reinsurance Company Limited.
As a result of the sale, net reserves were reduced by $1,316.
REPUBLIC SERVICES, INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) charges or other amounts due that are probable at settlement.
The aggregate cash surrender value of these life insurance policies was $90.5 million and $77.1 million as of December 31, 2015 and 2014, respectively, and is classified in other assets in our consolidated balance sheets.
The DCP liability was $83.3 million and $76.3 million as of December 31, 2015 and 2014, respectively, and is classified in other long-term liabilities in our consolidated balance sheets.
Employee Stock Purchase Plan Republic employees are eligible to participate in an employee stock purchase plan.
The plan allows participants to purchase our common stock for 95% of its quoted market price on the last day of each calendar quarter.
For the years ended December 31, 2015, 2014 and 2013, issuances under this plan totaled 141,055 shares, 139,941 shares and 142,217 shares, respectively.
As of December 31, 2015, shares reserved for issuance to employees under this plan totaled 0.6 million and Republic held employee contributions of approximately $1.4 million for the purchase of common stock.12.
STOCK REPURCHASES AND DIVIDENDS Stock Repurchases Stock repurchase activity during the years ended December 31, 2015 and 2014 follows (in millions except per share amounts):
## Table 2 ##
As of December 31, 2015, 0.1 million repurchased shares were pending settlement and $3.7 million were unpaid and included within our accrued liabilities.
In October 2015, our board of directors added $900.0 million to the existing share repurchase authorization, which now extends through December 31, 2017.
Share repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable federal securities laws.
While the board of directors has approved the program, the timing of any purchases, the prices and the number of shares of common stock to be purchased will be determined by our management, at its discretion, and will depend upon market conditions and other factors.
The share repurchase program may be extended, suspended or discontinued at any time.
As of December 31, 2015, the October 2015 repurchase program had remaining authorized purchase capacity of $855.5 million.
In December 2015, our board of directors changed the status of 71,272,964 treasury shares to authorized and unissued.
In doing so, the number of our issued shares was reduced by the stated amount.
Our accounting policy is to deduct the par value from common stock and to reflect the excess of cost over par value as a deduction from additional paid-in capital.
The change in unissued shares resulted in a reduction of $2,295.3 million in treasury stock, $0.6 million in common stock, and $2,294.7 million in additional paid-in capital.
There was no effect on our total stockholders’ equity position as a result of the change.
Dividends In October 2015, our board of directors approved a quarterly dividend of $0.30 per share.
Cash dividends declared were $404.3 million, $383.6 million and $357.3 million for the years ended December 31, 2015, 2014 and 2013, respectively.
As of December 31, 2015, we recorded a quarterly dividend payable of $103.7 million to shareholders of record at the close of business on January 4, 2016.

<table><tr><td>Year Ended December 31</td><td>2008</td><td>2007</td></tr><tr><td>(In millions)</td><td></td><td></td></tr><tr><td>Balance at January 1</td><td>$20</td><td>$20</td></tr><tr><td>Additions based on tax positions related to the current year</td><td>6</td><td>4</td></tr><tr><td>Reductions for tax positions related to the current year</td><td></td><td>-5</td></tr><tr><td>Lapse of statute of limitations</td><td>-2</td><td></td></tr><tr><td>Settlements</td><td></td><td>1</td></tr><tr><td>Balance at December 31</td><td>$24</td><td>$20</td></tr></table>
<table><tr><td></td><td colspan="11">Schedule of Loss Reserve Development</td></tr><tr><td>Year Ended December 31</td><td>1998</td><td>1999(a)</td><td>2000</td><td>2001(b)</td><td>2002(c)</td><td>2003</td><td>2004</td><td>2005</td><td>2006</td><td>2007</td><td>2008</td></tr><tr><td>(In millions of dollars)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Originally reported grossreserves for unpaid claim</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>and claim adjustment</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>expenses</td><td>28,506</td><td>26,850</td><td>26,510</td><td>29,649</td><td>25,719</td><td>31,284</td><td>31,204</td><td>30,694</td><td>29,459</td><td>28,415</td><td>27,475</td></tr><tr><td>Originally reported ceded</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>recoverable</td><td>5,182</td><td>6,091</td><td>7,333</td><td>11,703</td><td>10,490</td><td>13,847</td><td>13,682</td><td>10,438</td><td>8,078</td><td>6,945</td><td>6,213</td></tr><tr><td>Originally reported net reserves</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>for unpaid claim and claim</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>adjustment expenses</td><td>23,324</td><td>20,759</td><td>19,177</td><td>17,946</td><td>15,229</td><td>17,437</td><td>17,522</td><td>20,256</td><td>21,381</td><td>21,470</td><td>21,262</td></tr><tr><td>Cumulative net paid as of:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>One year later</td><td>7,321</td><td>6,547</td><td>7,686</td><td>5,981</td><td>5,373</td><td>4,382</td><td>2,651</td><td>3,442</td><td>4,436</td><td>4,308</td><td>-</td></tr><tr><td>Two years later</td><td>12,241</td><td>11,937</td><td>11,992</td><td>10,355</td><td>8,768</td><td>6,104</td><td>4,963</td><td>7,022</td><td>7,676</td><td>-</td><td>-</td></tr><tr><td>Three years later</td><td>16,020</td><td>15,256</td><td>15,291</td><td>12,954</td><td>9,747</td><td>7,780</td><td>7,825</td><td>9,620</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Four years later</td><td>18,271</td><td>18,151</td><td>17,333</td><td>13,244</td><td>10,870</td><td>10,085</td><td>9,914</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Five years later</td><td>20,779</td><td>19,686</td><td>17,775</td><td>13,922</td><td>12,814</td><td>11,834</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Six years later</td><td>21,970</td><td>20,206</td><td>18,970</td><td>15,493</td><td>14,320</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Seven years later</td><td>22,564</td><td>21,231</td><td>20,297</td><td>16,769</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Eight years later</td><td>23,453</td><td>22,373</td><td>21,382</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Nine years later</td><td>24,426</td><td>23,276</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Ten years later</td><td>25,178</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Net reserves re-estimated as of:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>End of initial year</td><td>23,324</td><td>20,759</td><td>19,177</td><td>17,946</td><td>15,229</td><td>17,437</td><td>17,522</td><td>20,256</td><td>21,381</td><td>21,470</td><td>21,262</td></tr><tr><td>One year later</td><td>24,306</td><td>21,163</td><td>21,502</td><td>17,980</td><td>17,650</td><td>17,671</td><td>18,513</td><td>20,588</td><td>21,601</td><td>21,463</td><td>-</td></tr><tr><td>Two years later</td><td>24,134</td><td>23,217</td><td>21,555</td><td>20,533</td><td>18,248</td><td>19,120</td><td>19,044</td><td>20,975</td><td>21,706</td><td>-</td><td>-</td></tr><tr><td>Three years later</td><td>26,038</td><td>23,081</td><td>24,058</td><td>21,109</td><td>19,814</td><td>19,760</td><td>19,631</td><td>21,408</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Four years later</td><td>25,711</td><td>25,590</td><td>24,587</td><td>22,547</td><td>20,384</td><td>20,425</td><td>20,212</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Five years later</td><td>27,754</td><td>26,000</td><td>25,594</td><td>22,983</td><td>21,076</td><td>21,060</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Six years later</td><td>28,078</td><td>26,625</td><td>26,023</td><td>23,603</td><td>21,769</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Seven years later</td><td>28,437</td><td>27,009</td><td>26,585</td><td>24,267</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Eight years later</td><td>28,705</td><td>27,541</td><td>27,207</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Nine years later</td><td>29,211</td><td>28,035</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Ten years later</td><td>29,674</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total net (deficiency)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>redundancy</td><td>-6,350</td><td>-7,276</td><td>-8,030</td><td>-6,321</td><td>-6,540</td><td>-3,623</td><td>-2,690</td><td>-1,152</td><td>-325</td><td>7</td><td>-</td></tr><tr><td>Reconciliation to gross</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>re-estimated reserves:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net reserves re-estimated</td><td>29,674</td><td>28,035</td><td>27,207</td><td>24,267</td><td>21,769</td><td>21,060</td><td>20,212</td><td>21,408</td><td>21,706</td><td>21,463</td><td>-</td></tr><tr><td>Re-estimated ceded</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>-</td></tr><tr><td>recoverable</td><td>8,178</td><td>10,673</td><td>11,458</td><td>16,965</td><td>16,313</td><td>14,709</td><td>13,576</td><td>10,935</td><td>8,622</td><td>7,277</td><td>-</td></tr><tr><td>Total gross re-estimated</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>reserves</td><td>37,852</td><td>38,708</td><td>38,665</td><td>41,232</td><td>38,082</td><td>35,769</td><td>33,788</td><td>32,343</td><td>30,328</td><td>28,740</td><td>-</td></tr><tr><td>Net (deficiency) redundancy</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>related to:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Asbestos claims</td><td>-2,152</td><td>-1,576</td><td>-1,511</td><td>-739</td><td>-748</td><td>-98</td><td>-43</td><td>-34</td><td>-32</td><td>-27</td><td>-</td></tr><tr><td>Environmental claims</td><td>-616</td><td>-616</td><td>-559</td><td>-212</td><td>-207</td><td>-134</td><td>-134</td><td>-83</td><td>-84</td><td>-83</td><td>-</td></tr><tr><td>Total asbestos and environmental</td><td>-2,768</td><td>-2,192</td><td>-2,070</td><td>-951</td><td>-955</td><td>-232</td><td>-177</td><td>-117</td><td>-116</td><td>-110</td><td>-</td></tr><tr><td>Other claims</td><td>-3,582</td><td>-5,084</td><td>-5,960</td><td>-5,370</td><td>-5,585</td><td>-3,391</td><td>-2,513</td><td>-1,035</td><td>-209</td><td>117</td><td>-</td></tr><tr><td>Total net (deficiency)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>redundancy</td><td>-6,350</td><td>-7,276</td><td>-8,030</td><td>-6,321</td><td>-6,540</td><td>-3,623</td><td>-2,690</td><td>-1,152</td><td>-325</td><td>7</td><td>-</td></tr></table>
<table><tr><td></td><td>2015</td><td>2014</td></tr><tr><td>Number of shares repurchased</td><td>9.8</td><td>11.1</td></tr><tr><td>Amount paid</td><td>$404.7</td><td>$400.4</td></tr><tr><td>Weighted average cost per share</td><td>$41.39</td><td>$35.92</td></tr></table>

Question: What's the average of the End of initial year for Net reserves re-estimated as of in the years where Balance at January 1 is positive? (in million)
Answer: 21366.0