Net income in 2012 was $541 million compared to $590 million in 2011.
The decrease was primarily due to net realized capital losses in 2012 compared to net realized capital gains in 2011, lower net investment income and higher life and annuity contract benefits, partially offset by decreased interest credited to contractholder funds and lower amortization of DAC.
Net income in 2011 was $590 million compared to $42 million in 2010.
The increase was primarily due to net realized capital gains in 2011 compared to net realized capital losses in 2010, decreased interest credited to contractholder funds, higher life and annuity premiums and contract charges and lower life and annuity contract benefits, partially offset by higher amortization of DAC and lower net investment income.
Analysis of revenues Total revenues decreased 8.7% or $467 million in 2012 compared to 2011 due to net realized capital losses in 2012 compared to net realized capital gains in 2011 and lower net investment income.
Total revenues increased 18.6% or $838 million in 2011 compared to 2010 due to net realized capital gains in 2011 compared to net realized capital losses in 2010 and higher premiums and contract charges, partially offset by lower net investment income.
Life and annuity premiums and contract charges Premiums represent revenues generated from traditional life insurance, immediate annuities with life contingencies, and accident and health insurance products that have significant mortality or morbidity risk.
Contract charges are revenues generated from interest-sensitive and variable life insurance and fixed annuities for which deposits are classified as contractholder funds or separate account liabilities.
Contract charges are assessed against the contractholder account values for maintenance, administration, cost of insurance and surrender prior to contractually specified dates.
The following table summarizes life and annuity premiums and contract charges by product for the years ended December 31.
## Table 0 ##
(1) Contract charges related to the cost of insurance totaled $696 million, $659 million and $637 million in 2012, 2011 and 2010, respectively.
Total premiums and contract charges increased 0.1% in 2012 compared to 2011 primarily due to higher contract charges on interest-sensitive life insurance products primarily resulting from the aging of our policyholders and lower reinsurance ceded, and increased traditional life insurance premiums due to lower reinsurance ceded and higher sales through Allstate agencies, partially offset by lower sales of immediate annuities with life contingencies.
Sales of immediate annuities with life contingencies fluctuate with changes in our pricing competitiveness relative to other insurers.
Total premiums and contract charges increased 3.2% in 2011 compared to 2010 primarily due to higher contract charges on interest-sensitive life insurance products primarily resulting from the aging of our policyholders, growth in Allstate Benefits’s accident and health insurance business in force and increased traditional life insurance premiums.
Increased traditional life insurance premiums were primarily due to lower reinsurance premiums resulting from higher retention, partially offset by lower renewal premiums.
Contractholder funds represent interest-bearing liabilities arising from the sale of products such as interest-sensitive life insurance, fixed annuities, funding agreements and, prior to December 31, 2011, bank deposits.
The balance of contractholder funds is equal to the cumulative deposits received and interest credited to the contractholder less
The following table presents the components of the adjustments in the table above:
## Table 1 ##
(1) Other adjustments include net realized gains or losses and integration and restructuring charges.
Our Corporate & Other segment pretax loss attributable to Ameriprise Financial was $214 million for the year ended December 31, 2010 compared to $267 million in the prior year.
Our Corporate & Other segment pretax operating loss attributable to Ameriprise Financial excludes net realized gains or losses, integration and restructuring charges and the impact of consolidating CIEs.
Our Corporate & Other segment pretax operating loss attributable to Ameriprise Financial was $224 million for the year ended December 31, 2010 compared to $263 million in the prior year.
Net revenues increased $397 million to $423 million for the year ended December 31, 2010 compared to $26 million for the prior year primarily reflecting revenues of CIEs.
Operating net revenues, which exclude revenues of CIEs and net realized gains or losses, increased $2 million to $4 million for the year ended December 31, 2010.
Net investment income was $273 million for the year ended December 31, 2010 compared to a loss of $57 million in the prior year.
Net investment income in 2010 primarily reflects changes in the assets and liabilities of CIEs, primarily debt and underlying syndicated loans.
The decrease in operating net investment loss, which excludes revenues of CIEs and net realized gains or losses, reflects lower transfer priced interest income allocated to the Annuities and Protection segments for maintaining excess liquidity.
Other revenues increased $63 million, or 70%, to $153 million for the year ended December 31, 2010, primarily due to an increase in revenues of CIEs.
Operating other revenues, which exclude revenues of CIEs, decreased $34 million, or 55%, to $28 million for the year ended December 31, 2010, due to a $58 million gain on the repurchase of certain of our junior notes in 2009 partially offset by a $25 million benefit from the payments related to the Reserve Funds matter in 2010.
Total expenses increased $196 million, or 71%, to $474 million for the year ended December 31, 2010 compared to $278 million for the prior year primarily reflecting expenses of CIEs.
Operating expenses, which exclude expenses of CIEs and integration and restructuring charges, decreased $37 million, or 14%, to $228 million for the year ended December 31, 2010 compared to $265 million for the prior year.
Interest and debt expense increased $161 million to $288 million for the year ended December 31, 2010 compared to $127 million for the prior year primarily reflecting interest expense of the CIE debt.
Operating interest and debt expense, which excludes interest expense of the CIE debt, decreased $20 million, or 16%, to $107 million for the year ended December 31, 2010 compared to $127 million for the prior year primarily due to an expense of $13 million in 2009 related to the early retirement of $450 million of our senior notes due 2010.
General and administrative expense increased $37 million, or 25%, to $185 million for the year ended December 31, 2010 compared to $148 million for the prior year.
Operating general and administrative expense, which excludes expenses of the CIEs and integration and restructuring charges, decreased $15 million, or 11%, to $120 million for the year ended December 31, 2010 compared to $135 million for the prior year.
ITEM 1B.
UNRESOLVED STAFF COMMENTS Not applicable.
ITEM 2.
PROPERTIES Our global headquarters are located in Chicago, Illinois, at 20 South Wacker Drive.
The following is a description of our key locations and facilities.
## Table 2 ##
(1) Size represents the amount of space leased or owned by us unless otherwise noted.
(2) The initial lease expires in 2032 with two consecutive options to extend the term for five years each.
(3) The initial lease expires in 2027 and contains options to extend the term and expand the premises.
(4) The initial lease expires in 2028 and contains options to extend the term and expand the premises.
In 2019, the premises will be reduced to 225,000 square feet.
(5) In March 2016, the company sold its datacenter in the Chicago area for $130.0 million.
At the time of the sale, the company leased back a portion of the property.
(6) The initial lease expires in 2020 and contains an option to extend the term as well as an option to terminate early.
ITEM 3.
LEGAL PROCEEDINGS See “Legal and Regulatory Matters” in note 12.
Contingencies to the Consolidated Financial Statements beginning on page 87 for CME Group’s legal proceedings disclosure which is incorporated herein by reference.
ITEM 4.
MINE SAFETY DISCLOSURES Not applicable.
there are many acquisition opportunities available within our target markets.
The extent to which we make and effectively integrate appropriate acquisitions will affect our overall growth and operating results.
We also continually assess the strategic fit of our existing businesses and may divest businesses that are deemed not to fit with our strategic plan or are not achieving the desired return on investment.
Danaher Corporation, originally DMG, Inc. , was organized in 1969 as a Massachusetts real estate investment trust.
In 1978 it was reorganized as a Florida corporation under the name Diversified Mortgage Investors, Inc.  (“DMI”) which in a second reorganization in 1980 became a subsidiary of a newly created holding company named DMG, Inc.  We adopted the name Danaher in 1984 and were reincorporated as a Delaware corporation following the 1986 annual meeting of our shareholders.
Operating Segments The table below describes the percentage of our total annual revenues attributable to each of our four segments over each of the last three years:

<table><tr><td> ($ in millions) </td><td> 2012</td><td> 2011</td><td> 2010</td></tr><tr><td> Underwritten products</td><td></td><td></td><td></td></tr><tr><td>Traditional life insurance premiums</td><td>$470</td><td>$441</td><td>$420</td></tr><tr><td>Accident and health insurance premiums</td><td>653</td><td>643</td><td>621</td></tr><tr><td>Interest-sensitive life insurance contract charges</td><td>1,055</td><td>1,015</td><td>991</td></tr><tr><td>Subtotal</td><td>2,178</td><td>2,099</td><td>2,032</td></tr><tr><td> Annuities</td><td></td><td></td><td></td></tr><tr><td>Immediate annuities with life contingencies premiums</td><td>45</td><td>106</td><td>97</td></tr><tr><td>Other fixed annuity contract charges</td><td>18</td><td>33</td><td>39</td></tr><tr><td>Subtotal</td><td>63</td><td>139</td><td>136</td></tr><tr><td> Life and annuity premiums and contract charges<sup>-1</sup></td><td>$2,241</td><td>$2,238</td><td>$2,168</td></tr></table>
<table><tr><td> </td><td colspan="6">Years Ended December 31,</td></tr><tr><td> </td><td colspan="3">2010 </td><td colspan="3">2009</td></tr><tr><td> </td><td>CIEs </td><td>Other Adjustments-1 </td><td>Total Adjustments </td><td>CIEs </td><td>Other Adjustments -1</td><td>Total Adjustments</td></tr><tr><td> </td><td colspan="6">(in millions)</td></tr><tr><td> Revenues</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net investment income (loss)</td><td>$275</td><td>$19</td><td>$294</td><td>$2</td><td>$—</td><td>$2</td></tr><tr><td>Other revenues</td><td>125</td><td>—</td><td>125</td><td>28</td><td>—</td><td>28</td></tr><tr><td>Total revenues</td><td>400</td><td>19</td><td>419</td><td>30</td><td>—</td><td>30</td></tr><tr><td>Banking and deposit interest expense</td><td>—</td><td>—</td><td>—</td><td>6</td><td>—</td><td>6</td></tr><tr><td>Total net revenues</td><td>400</td><td>19</td><td>419</td><td>24</td><td>—</td><td>24</td></tr><tr><td> Expenses</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Distribution expenses</td><td>—</td><td>—</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Interest and debt expense</td><td>181</td><td>—</td><td>181</td><td>—</td><td>—</td><td>—</td></tr><tr><td>General and administrative expense</td><td>56</td><td>9</td><td>65</td><td>9</td><td>4</td><td>13</td></tr><tr><td>Total expenses</td><td>237</td><td>9</td><td>246</td><td>9</td><td>4</td><td>13</td></tr><tr><td>Pretax loss</td><td>163</td><td>10</td><td>173</td><td>15</td><td>-4</td><td>11</td></tr><tr><td>Less: Net income attributable to noncontrolling interests</td><td>163</td><td>—</td><td>163</td><td>15</td><td>—</td><td>15</td></tr><tr><td>Pretax loss attributable to Ameriprise Financial</td><td>$—</td><td>$10</td><td>$10</td><td>$—</td><td>$-4</td><td>$-4</td></tr></table>
<table><tr><td>Location</td><td>Primary Use</td><td>Owned/Leased</td><td>Lease Expiration</td><td>Approximate Size(in square feet)<sup>(1)</sup></td></tr><tr><td>20 South Wacker Drive Chicago, Illinois</td><td>Global headquarters and office space</td><td>Leased</td><td>2032<sup>-2</sup></td><td>512,000</td></tr><tr><td>141 West JacksonChicago, Illinois</td><td>Trading floor and office space</td><td>Leased</td><td>2027<sup>-3</sup></td><td>150,000</td></tr><tr><td>333 S. LaSalleChicago, Illinois</td><td>Trading floor and office space</td><td>Owned</td><td>N/A</td><td>300,000</td></tr><tr><td>550 West WashingtonChicago, Illinois</td><td>Office space</td><td>Leased</td><td>2023</td><td>250,000</td></tr><tr><td>One North EndNew York, New York</td><td>Trading floor and office space</td><td>Leased</td><td>2028<sup>-4</sup></td><td>240,000</td></tr><tr><td>One New Change London</td><td>Office space</td><td>Leased</td><td>2026</td><td>58,000</td></tr><tr><td>Data Center 3Chicagoland area</td><td>Business continuity and co-location</td><td>Leased</td><td>2031<sup>-5</sup></td><td>83,000</td></tr><tr><td>Bagmane Tech Park Bangalore, India</td><td>Office space</td><td>Leased</td><td>2020<sup>-6</sup></td><td>72,000</td></tr></table>

Question: What is the ratio of Interest and debt expense of CIEs to the total expenses of CIEs in 2010?
Answer: 0.76371