NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The Company recognizes income on long-term construction contracts where the Company serves as a general contractor on the percentage of completion method.
Using this method, profits are recorded on the basis of the Company’s estimates of the percentage of completion of individual contracts, commencing when progress reaches a point where experience is sufficient to estimate final results with reasonable accuracy.
That portion of the estimated earnings is accrued on the basis of the Company’s estimates of the percentage of completion based on contract expenditures incurred and work performed.
Property Sales Gains from sales of depreciated property are recognized in accordance with Statement of Financial Accounting Standards (“SFAS”) No.66, and are included in earnings from sales of land and depreciable property dispositions, net of impairment adjustment, in the Statement of Operations if identified as held for sale prior to adoption of SFAS 144 and in discontinued operations if identified as held for sale after adoption of SFAS 144.
Gains or losses from the sale of property which is considered held for sale in DCLP are recognized in accordance with SFAS 66 and are included in construction management and development activity income in the Statement of Operations.
Net Income Per Common Share Basic net income per common share is computed by dividing net income available for common shares by the weighted average number of common shares outstanding for the period.
Diluted net income per share is computed by dividing the sum of net income available for common shares and minority interest in earnings of unitholders, by the sum of the weighted average number of common shares and units outstanding and dilutive potential common shares for the period.
The following table reconciles the components of basic and diluted net income per share (in thousands):
## Table 0 ##
The Series D Convertible Preferred stock and the Series G Convertible Preferred limited partner units were anti-dilutive for the years ended December 31, 2002, 2001 and 2000; therefore, no conversion to common shares is included in weighted dilutive potential common shares.
In September 2002, the Company redeemed the Series G Convertible Preferred units at their par value of $35.0 million.
A joint venture partner in one of the Company’s unconsolidated companies has the option to convert a portion of its ownership to Company common shares (see discussion in Investments in Unconsolidated Companies section).
The effect of the option on earnings per share was dilutive for the year ended December 31, 2001; therefore, conversion to common shares is included in weighted dilutive potential common shares.
Federal Income Taxes The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code.
To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement that it currently distribute at least 90% of its taxable income to its stockholders.
Management intends to continue to adhere to these requirements and to maintain the Company’s REIT status.
As a REIT, the Company is entitled to a tax deduction for some or all of the dividends it pays to its shareholders.
Accordingly, the Company generally will not be subject to federal income taxes as long as it distributes an amount equal to or in excess of its taxable income currently to its stockholders.
A REIT generally is subject to federal income taxes on any taxable income that is not currently distributed to its shareholders.
If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal income taxes and may not be able to qualify as a REIT for four subsequent taxable years.
REIT qualification reduces, but does not eliminate, the amount of state and local taxes paid by the Company.
In addition, the Company’s financial statements include the operations of taxable corporate subsidiaries that are not entitled to a dividends paid deduction and are subject to corporate federal, state and local income taxes.
As a REIT, the Company may also be subject to certain federal excise taxes if it engages in certain types of transactions.
This selected consolidated financial information should be read in conjunction with our Management’s Discussion and Analysis of Financial Condition and Results of Operations and Consolidated Financial Statements included elsewhere herein.
## Table 1 ##
(1) For 2018, 2017, 2016 and 2015, represents consolidated earnings per share of Common Stock.
For 2014, represents earnings of the Company’s former Financial Services Businesses per share of Common Stock.
## Table 2 ##
PRUDENTIAL FINANCIAL, INC.  Notes to Consolidated Financial Statements underlying instruments.
Included in the amounts shown in the table above are gains (losses) on certain derivative contracts that were terminated or offset before their final maturity of $19 million, $53 million and $49 million for the years ended 2018, 2017 and 2016, respectively.
As of December 31, 2018, there was a $212 million deferred net gain related to certain derivative contracts that were terminated or offset before their final maturity, primarily in the International Insurance segment.
Also included in the amounts shown in the table above are fees related to synthetic GICs of $146 million, $159 million and $158 million for the years ended 2018, 2017 and 2016, respectively.
Synthetic GICs are accounted for as derivatives under U. S.  GAAP and, therefore, these fees are recorded in “Realized investment gains (losses), net.
” See Note 5 for additional information on synthetic GICs.
Principal Source of Earnings.
The Company conducts certain activities for which realized investment gains (losses) are a principal source of earnings for its businesses and are therefore included in adjusted operating income, particularly within the Company’s PGIM segment.
For example, PGIM’s strategic investing business makes investments for sale or syndication to other investors or for placement or co-investment in the Company’s managed funds and structured products.
The realized investment gains (losses) associated with the sale of these strategic investments, as well as the majority of derivative results, are a principal activity for this business and included in adjusted operating income.
In addition, the realized investment gains (losses) associated with loans originated by the Company’s commercial mortgage operations, as well as related derivative results and retained mortgage servicing rights, are a principal activity for this business and are therefore included in adjusted operating income.
Adjustments related to Realized investment gains (losses), net The following table sets forth certain other items excluded from adjusted operating income and reflected as an adjustment to “Realized investment gains (losses), net” for purposes of calculating adjusted operating income:
## Table 3 ##
Investments carried at fair value through net income.
The Company has certain investments in its general account portfolios that are carried at fair value with changes in fair value reported in “Other income (loss).
” Examples include the Company’s investments in equity securities and fixed maturities designated as trading.
Consistent with the exclusion of realized investment gains (losses) with respect to other investments managed on a consistent basis, the net gains or losses on these investments are excluded from adjusted operating income.
Foreign Currency Exchange Movements.
The Company has certain assets and liabilities for which, under U. S.  GAAP, the changes in value, including those associated with changes in foreign currency exchange rates during the period, are recorded in “Other income (loss).
” To the extent the foreign currency exposure on these assets and liabilities is economically hedged or considered part of the Company’s capital funding strategies for its international subsidiaries, the change in value included in “Other income (loss)” is excluded from adjusted operating income.
The insurance liabilities are supported by investments denominated in corresponding currencies, including a significant portion designated as available-for-sale.
While these non-yen denominated assets and liabilities are economically hedged, unrealized gains (losses) on available-for-sale investments, including those arising from foreign currency exchange rate movements, are recorded in AOCI under U. S.  GAAP, while the non-yen denominated liabilities are remeasured for foreign currency exchange rate movements, with the related change in value recorded in earnings within “Other income (loss).
” Due to this non-economic volatility that has been reflected in U. S.  GAAP earnings, the change in value recorded within “Other income (loss)” is excluded from adjusted operating income.
Other Activities.
The Company excludes certain other items from adjusted operating income that are consistent with similar adjustments described above.
Charges related to realized investment gains (losses), net Charges that relate to realized investment gains (losses) are also excluded from adjusted operating income, and include the following: ?
The portion of the amortization of DAC, VOBA, unearned revenue reserves and DSI for certain products that is related to net realized investment gains (losses).  ?
Policyholder dividends and interest credited to policyholders’ account balances that relate to certain life policies that pass back certain realized investment gains (losses) to the policyholder, and reserves for future policy benefits for certain policies that are affected by net realized investment gains (losses).  ?
Market value adjustments paid or received upon a contractholder’s surrender of certain of the Company’s annuity products as these amounts mitigate the net realized investment gains or losses incurred upon the disposition of the underlying invested assets.
U. S.  Workplace Solutions Division Retirement Operating Results The following table sets forth the Retirement segment’s operating results for the periods indicated.

<table><tr><td></td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>Basic net income available for common shares</td><td>$161,272</td><td>$229,967</td><td>$212,958</td></tr><tr><td>Joint venture partner convertible ownership net income</td><td>—</td><td>3,423</td><td>—</td></tr><tr><td>Minority interest in earnings of common unitholders</td><td>18,568</td><td>32,463</td><td>32,071</td></tr><tr><td>Diluted net income available for common shares and dilutive potential common shares</td><td>$179,840</td><td>$265,853</td><td>$245,029</td></tr><tr><td>Weighted average number of common shares outstanding</td><td>133,981</td><td>129,660</td><td>126,836</td></tr><tr><td>Weighted average partnership units outstanding</td><td>15,442</td><td>18,301</td><td>19,070</td></tr><tr><td>Joint venture partner convertible ownership common share equivalents</td><td>—</td><td>2,092</td><td>—</td></tr><tr><td>Dilutive shares for stock-based compensation plans</td><td>1,416</td><td>1,657</td><td>1,535</td></tr><tr><td>Weighted average number of common shares and dilutive potential common shares</td><td>150,839</td><td>151,710</td><td>147,441</td></tr></table>
<table><tr><td></td><td colspan="5">Year Ended December 31,</td></tr><tr><td></td><td>2018</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td></td><td colspan="5">(in millions, except per share and ratio information)</td></tr><tr><td>Income Statement Data:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revenues:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Premiums</td><td>$35,779</td><td>$32,091</td><td>$30,964</td><td>$28,521</td><td>$29,293</td></tr><tr><td>Policy charges and fee income</td><td>6,002</td><td>5,303</td><td>5,906</td><td>5,972</td><td>6,179</td></tr><tr><td>Net investment income</td><td>16,176</td><td>16,435</td><td>15,520</td><td>14,829</td><td>15,256</td></tr><tr><td>Asset management and service fees</td><td>4,100</td><td>4,127</td><td>3,752</td><td>3,772</td><td>3,719</td></tr><tr><td>Other income (loss)</td><td>-1,042</td><td>1,301</td><td>443</td><td>0</td><td>-1,978</td></tr><tr><td>Realized investment gains (losses), net</td><td>1,977</td><td>432</td><td>2,194</td><td>4,025</td><td>1,636</td></tr><tr><td>Total revenues</td><td>62,992</td><td>59,689</td><td>58,779</td><td>57,119</td><td>54,105</td></tr><tr><td>Benefits and expenses:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Policyholders’ benefits</td><td>39,404</td><td>33,794</td><td>33,632</td><td>30,627</td><td>31,587</td></tr><tr><td>Interest credited to policyholders’ account balances</td><td>3,196</td><td>3,822</td><td>3,761</td><td>3,479</td><td>4,263</td></tr><tr><td>Dividends to policyholders</td><td>1,336</td><td>2,091</td><td>2,025</td><td>2,212</td><td>2,716</td></tr><tr><td>Amortization of deferred policy acquisition costs</td><td>2,273</td><td>1,580</td><td>1,877</td><td>2,120</td><td>1,973</td></tr><tr><td>General and administrative expenses</td><td>11,949</td><td>11,915</td><td>11,779</td><td>10,912</td><td>11,807</td></tr><tr><td>Total benefits and expenses</td><td>58,158</td><td>53,202</td><td>53,074</td><td>49,350</td><td>52,346</td></tr><tr><td>Income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures</td><td>4,834</td><td>6,487</td><td>5,705</td><td>7,769</td><td>1,759</td></tr><tr><td>Total income tax expense (benefit)</td><td>822</td><td>-1,438</td><td>1,335</td><td>2,072</td><td>349</td></tr><tr><td>Income (loss) from continuing operations before equity in earnings of operating joint ventures</td><td>4,012</td><td>7,925</td><td>4,370</td><td>5,697</td><td>1,410</td></tr><tr><td>Equity in earnings of operating joint ventures, net of taxes</td><td>76</td><td>49</td><td>49</td><td>15</td><td>16</td></tr><tr><td>Income (loss) from continuing operations</td><td>4,088</td><td>7,974</td><td>4,419</td><td>5,712</td><td>1,426</td></tr><tr><td>Income (loss) from discontinued operations, net of taxes</td><td>0</td><td>0</td><td>0</td><td>0</td><td>12</td></tr><tr><td>Net income (loss)</td><td>4,088</td><td>7,974</td><td>4,419</td><td>5,712</td><td>1,438</td></tr><tr><td>Less: Income (loss) attributable to noncontrolling interests</td><td>14</td><td>111</td><td>51</td><td>70</td><td>57</td></tr><tr><td>Net income (loss) attributable to Prudential Financial, Inc.</td><td>$4,074</td><td>$7,863</td><td>$4,368</td><td>$5,642</td><td>$1,381</td></tr><tr><td>EARNINGS PER SHARE-1</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share—Common Stock:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income (loss) from continuing operations attributable to Prudential Financial, Inc.</td><td>$9.64</td><td>$18.19</td><td>$9.85</td><td>$12.37</td><td>$3.23</td></tr><tr><td>Income (loss) from discontinued operations, net of taxes</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.02</td></tr><tr><td>Net income (loss) attributable to Prudential Financial, Inc.</td><td>$9.64</td><td>$18.19</td><td>$9.85</td><td>$12.37</td><td>$3.25</td></tr><tr><td>Diluted earnings per share—Common Stock:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income (loss) from continuing operations attributable to Prudential Financial, Inc.</td><td>$9.50</td><td>$17.86</td><td>$9.71</td><td>$12.17</td><td>$3.20</td></tr><tr><td>Income (loss) from discontinued operations, net of taxes</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.03</td></tr><tr><td>Net income (loss) attributable to Prudential Financial, Inc.</td><td>$9.50</td><td>$17.86</td><td>$9.71</td><td>$12.17</td><td>$3.23</td></tr><tr><td>Dividends declared per share—Common Stock</td><td>$3.60</td><td>$3.00</td><td>$2.80</td><td>$2.44</td><td>$2.17</td></tr></table>
<table><tr><td></td><td colspan="5">As of December 31,</td></tr><tr><td></td><td>2018</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td></td><td colspan="5">(in millions)</td></tr><tr><td>Balance Sheet Data:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total investments excluding policy loans</td><td>$467,229</td><td>$457,980</td><td>$432,485</td><td>$405,535</td><td>$408,274</td></tr><tr><td>Separate account assets</td><td>279,136</td><td>306,617</td><td>287,636</td><td>285,570</td><td>296,435</td></tr><tr><td>Total assets</td><td>815,078</td><td>832,136</td><td>784,177</td><td>757,470</td><td>766,526</td></tr><tr><td>Future policy benefits and policyholders’ account balances</td><td>424,184</td><td>405,506</td><td>386,113</td><td>361,168</td><td>353,916</td></tr><tr><td>Separate account liabilities</td><td>279,136</td><td>306,617</td><td>287,636</td><td>285,570</td><td>296,435</td></tr><tr><td>Short-term debt</td><td>2,451</td><td>1,380</td><td>1,133</td><td>1,216</td><td>3,839</td></tr><tr><td>Long-term debt</td><td>17,378</td><td>17,172</td><td>18,041</td><td>19,594</td><td>19,702</td></tr><tr><td>Total liabilities</td><td>766,047</td><td>777,625</td><td>737,922</td><td>715,380</td><td>724,177</td></tr><tr><td>Prudential Financial, Inc. equity</td><td>48,617</td><td>54,236</td><td>46,030</td><td>42,057</td><td>41,770</td></tr><tr><td>Noncontrolling interests</td><td>414</td><td>275</td><td>225</td><td>33</td><td>579</td></tr><tr><td>Total equity</td><td>$49,031</td><td>$54,511</td><td>$46,255</td><td>$42,090</td><td>$42,349</td></tr></table>
<table><tr><td></td><td colspan="3">Year Ended December 31,</td></tr><tr><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td></td><td colspan="3">(in millions)</td></tr><tr><td>Net gains (losses) from:</td><td colspan="3"></td></tr><tr><td>Investments carried at fair value through net income</td><td>$-417</td><td>$184</td><td>$-95</td></tr><tr><td>Foreign currency exchange movements</td><td>$-289</td><td>$-135</td><td>$-154</td></tr><tr><td>Other activities</td><td>$-41</td><td>$-20</td><td>$-18</td></tr></table>

Question: the weighted average number of common shares outstanding comprises what percent of weighted average number of common shares and dilutive potential common shares in the year 2001?
Answer: 85.46569