Table VIII Allocation of the Allowance for Credit Losses by Product Type
## Table 0 ##
(1) Includes allowance for U. S.  small business commercial loans of $893 million, $1.5 billion, $2.4 billion, $2.4 billion and $1.4 billion at December 31, 2011, 2010, 2009, 2008 and 2007, respectively.
(2) Includes allowance for loan and lease losses for impaired commercial loans of $545 million, $1.1 billion, $1.2 billion, $691 million and $123 million at December 31, 2011, 2010, 2009, 2008 and 2007, respectively.
(3) Includes $8.5 billion, $6.4 billion, $3.9 billion and $750 million of valuation reserves presented with the allowance for credit losses related to PCI loans at December 31, 2011, 2010, 2009 and 2008, respectively.
n/a = not applicable
## Table 1 ##
(1) Loan maturities are based on the remaining maturities under contractual terms.
(2) Includes loans accounted for under the fair value option.
(3) Includes other consumer, commercial real estate and non-U.
S.  commercial loans.
PART II Item 5.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information Our common stock is traded on the New York Stock Exchange under the ticker symbol BBY.
The table below sets forth the high and low sales prices of our common stock as reported on the New York Stock Exchange — Composite Index during the periods indicated.
## Table 2 ##
Holders As of April 30, 2007, there were 3,683 holders of record of Best Buy common stock.
Dividends In fiscal 2004, our Board initiated the payment of a regular quarterly cash dividend, then $0.07 per common share per quarter.
A quarterly cash dividend has been paid in each subsequent quarter.
Effective with the quarterly cash dividend paid in the third quarter of fiscal 2005, we increased our quarterly cash dividend per common share by 10%.
Effective with the quarterly cash dividend paid in the third quarter of fiscal 2006, we increased our quarterly cash dividend per common share by 9%, to $0.08 per common share per quarter.
Effective with the quarterly cash dividend paid in the third quarter of fiscal 2007, we increased our quarterly cash dividend per common share by 25% to $0.10 per common share per quarter.
The payment of cash dividends is subject to customary legal and contractual restrictions.
Future dividend payments will depend on our earnings, capital requirements, financial condition and other factors considered relevant by our Board.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers From time to time, we repurchase our common stock in the open market pursuant to programs approved by our Board.
We may repurchase our common stock for a variety of reasons, such as acquiring shares to offset dilution related to equity-based incentives, including stock options and our employee stock purchase plan, and optimizing our capital structure.
In June 2006, our Board authorized a $1.5 billion share repurchase program.
The program, which became effective on June 21, 2006, terminated and replaced a $1.5 billion share repurchase program authorized by our Board in April 2005.
There is no expiration date governing the period over which we can make our share repurchases under the June 2006 share repurchase program.
During the fourth quarter of fiscal 2007, we purchased and retired 2.3 million shares at a cost of $116 million pursuant to the June 2006 share repurchase program.
At the end of fiscal 2007, $1.2 billion of the $1.5 billion originally authorized by our Board was available for future share repurchases.
We consider several factors in determining when to make share repurchases including, among other things, our cash needs and the market price of our stock.
We expect that cash provided by future operating activities, as well as available cash and cash equivalents and short-term investments, will be the sources of funding for our share repurchase program.
Based on the anticipated amounts to be generated from those sources of funds in relation to the remaining authorization approved by our Board under the June 2006 share repurchase program, we do not expect that future share repurchases will have a material impact on our short-term or long-term liquidity
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued) declines in short-term project work combined with an unfavorable currency impact, the effect of which was partially offset by increases in sales of cloud and information management and analytics offerings.
ES earnings from operations as a percentage of net revenue decreased by 3.4 percentage points in fiscal 2012.
The decrease was due primarily to a gross margin decline driven by lower than expected revenue, contractual rate declines on ongoing contracts, a lower resource utilization rate and additional costs associated with certain contract deliverable delays.
These effects were partially offset by a continued focus on operating improvements and cost initiatives that favorably impacted the cost structure of all business units.
Software
## Table 3 ##
Software net revenue decreased 3.6% (decreased 2.6% on a constant currency basis) in fiscal 2013.
Net revenue from licenses and professional services decreased by 17% and 14%, respectively, while net revenue from SaaS and support increased by 10% and 8%, respectively.
The decline in software revenue was driven primarily by lower license revenue from IT/cloud management and information management products, due primarily to a large deal entered into in the prior year and the market shift to SaaS offerings.
The revenue decline was also due to lower professional services revenue from IT/cloud management and information management products as we manage the professional services portfolio to focus on higher-margin solutions.
These declines were partially offset by higher growth in support revenue from our information management and security products and higher revenue growth in our SaaS offerings from IT/cloud management and information management products as we shift with the market to providing more SaaS offerings.
Software earnings from operations as a percentage of net revenue increased by 1.7 percentage points in fiscal 2013 due to a decrease in operating expense as a percentage of net revenue, the effect of which was partially offset by a decrease in gross margin.
The decrease in gross margin was due primarily to higher development costs in IT/cloud management products and the comparative impact of a highly profitable software deal entered into in the prior year.
These decreases were partially offset by a lower mix of lower-margin professional services revenue.
The decrease in operating expense as a percentage of revenue was driven primarily by lower field selling costs due to cost savings associated with our ongoing restructuring efforts.
Software net revenue increased 20.6% (increased 21.3% on a constant currency basis) in fiscal 2012 due to revenue from acquired companies, primarily Autonomy, which was acquired in October 2011.
In fiscal 2012, net revenue from services, support and licenses increased by 71%, 16% and 8%, respectively.
Software earnings from operations as a percentage of net revenue decreased by 1.0 percentage points in fiscal 2012 due primarily to a decrease in gross margin and a slight increase in operating expenses as a percentage of net revenue.
The gross margin decline was due primarily to a lower mix of license revenue, the effect of which was partially offset by a highly profitable software deal entered into in the fourth quarter of fiscal 2012.
In particular, we have received commitments for $30.0 billion in debt financing to fund the Transactions which is comprised of (i) a $4.0 billion secured revolving credit facility, (ii) a $7.0 billion term loan credit facility and (iii) a $19.0 billion secured bridge loan facility.
Our reliance on the financing from the $19.0 billion secured bridge loan facility commitment is intended to be reduced through one or more secured note offerings or other long-term financings prior to the merger closing.
However, there can be no assurance that we will be able to issue any such secured notes or other long-term financings on terms we find acceptable or at all, especially in light of the recent debt market volatility, in which case we may have to exercise some or all of the commitments under the secured bridge facility to fund the Transactions.
Accordingly, the costs of financing for the Transactions may be higher than expected.
Credit rating downgrades could adversely affect the businesses, cash flows, financial condition and operating results of T-Mobile and, following the Transactions, the combined company.
Credit ratings impact the cost and availability of future borrowings, and, as a result, cost of capital.
Our current ratings reflect each rating agency’s opinion of our financial strength, operating performance and ability to meet our debt obligations or, following the completion of the Transactions, obligations to the combined company’s obligors.
Each rating agency reviews these ratings periodically and there can be no assurance that such ratings will be maintained in the future.
A downgrade in the rating of us and/or Sprint could adversely affect the businesses, cash flows, financial condition and operating results of TMobile and, following the Transactions, the combined company.
We have incurred, and will incur, direct and indirect costs as a result of the Transactions.
We have incurred, and will incur, substantial expenses in connection with and as a result of completing the Transactions, and over a period of time following the completion of the Transactions, the combined company also expects to incur substantial expenses in connection with integrating and coordinating our and Sprint’s businesses, operations, policies and procedures.
A portion of the transaction costs related to the Transactions will be incurred regardless of whether the Transactions are completed.
While we have assumed that a certain level of transaction expenses will be incurred, factors beyond our control could affect the total amount or the timing of these expenses.
Many of the expenses that will be incurred, by their nature, are difficult to estimate accurately.
These expenses will exceed the costs historically borne by us.
These costs could adversely affect our financial condition and results of operations prior to the Transactions and the financial condition and results of operations of the combined company following the Transactions.
Item 1B.
Unresolved Staff Comments None.
Item 2.
Properties As of December 31, 2018, our significant properties that we primarily lease and use in connection with switching centers, data centers, call centers and warehouses were as follows:

<table><tr><td></td><td colspan="10">December 31</td></tr><tr><td></td><td colspan="2">2011</td><td colspan="2">2010</td><td colspan="2">2009</td><td colspan="2">2008</td><td colspan="2">2007</td></tr><tr><td>(Dollars in millions)</td><td>Amount</td><td>Percentof Total</td><td>Amount</td><td>Percentof Total</td><td>Amount</td><td>Percentof Total</td><td>Amount</td><td>Percentof Total</td><td>Amount</td><td>Percentof Total</td></tr><tr><td>Allowance for loan and lease losses</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>$5,935</td><td>17.57%</td><td>$5,082</td><td>12.14%</td><td>$4,773</td><td>12.83%</td><td>$1,382</td><td>5.99%</td><td>$207</td><td>1.79%</td></tr><tr><td>Home equity</td><td>13,094</td><td>38.76</td><td>12,887</td><td>30.77</td><td>10,116</td><td>27.19</td><td>5,385</td><td>23.34</td><td>963</td><td>8.31</td></tr><tr><td>Discontinued real estate</td><td>2,050</td><td>6.07</td><td>1,283</td><td>3.06</td><td>867</td><td>2.33</td><td>658</td><td>2.85</td><td>n/a</td><td>n/a</td></tr><tr><td>U.S. credit card</td><td>6,322</td><td>18.71</td><td>10,876</td><td>25.97</td><td>6,017</td><td>16.18</td><td>3,947</td><td>17.11</td><td>2,919</td><td>25.19</td></tr><tr><td>Non-U.S. credit card</td><td>946</td><td>2.80</td><td>2,045</td><td>4.88</td><td>1,581</td><td>4.25</td><td>742</td><td>3.22</td><td>441</td><td>3.81</td></tr><tr><td>Direct/Indirect consumer</td><td>1,153</td><td>3.41</td><td>2,381</td><td>5.68</td><td>4,227</td><td>11.36</td><td>4,341</td><td>18.81</td><td>2,077</td><td>17.92</td></tr><tr><td>Other consumer</td><td>148</td><td>0.44</td><td>161</td><td>0.38</td><td>204</td><td>0.55</td><td>203</td><td>0.88</td><td>151</td><td>1.30</td></tr><tr><td>Total consumer</td><td>29,648</td><td>87.76</td><td>34,715</td><td>82.88</td><td>27,785</td><td>74.69</td><td>16,658</td><td>72.20</td><td>6,758</td><td>58.32</td></tr><tr><td>U.S. commercial<sup>-1</sup></td><td>2,441</td><td>7.23</td><td>3,576</td><td>8.54</td><td>5,152</td><td>13.85</td><td>4,339</td><td>18.81</td><td>3,194</td><td>27.56</td></tr><tr><td>Commercial real estate</td><td>1,349</td><td>3.99</td><td>3,137</td><td>7.49</td><td>3,567</td><td>9.59</td><td>1,465</td><td>6.35</td><td>1,083</td><td>9.35</td></tr><tr><td>Commercial lease financing</td><td>92</td><td>0.27</td><td>126</td><td>0.30</td><td>291</td><td>0.78</td><td>223</td><td>0.97</td><td>218</td><td>1.88</td></tr><tr><td>Non-U.S. commercial</td><td>253</td><td>0.75</td><td>331</td><td>0.79</td><td>405</td><td>1.09</td><td>386</td><td>1.67</td><td>335</td><td>2.89</td></tr><tr><td>Total commercial<sup>-2</sup></td><td>4,135</td><td>12.24</td><td>7,170</td><td>17.12</td><td>9,415</td><td>25.31</td><td>6,413</td><td>27.80</td><td>4,830</td><td>41.68</td></tr><tr><td>Allowance for loan and lease losses</td><td>33,783</td><td>100.00%</td><td>41,885</td><td>100.00%</td><td>37,200</td><td>100.00%</td><td>23,071</td><td>100.00%</td><td>11,588</td><td>100.00%</td></tr><tr><td>Reserve for unfunded lending commitments</td><td>714</td><td></td><td>1,188</td><td></td><td>1,487</td><td></td><td>421</td><td></td><td>518</td><td></td></tr><tr><td>Allowance for credit losses<sup>-3</sup></td><td>$34,497</td><td></td><td>$43,073</td><td></td><td>$38,687</td><td></td><td>$23,492</td><td></td><td>$12,106</td><td></td></tr></table>
<table><tr><td></td><td colspan="4">December 31, 2011</td></tr><tr><td>(Dollars in millions)</td><td>Due in OneYear or Less</td><td>Due AfterOne YearThroughFive Years</td><td>Due AfterFive Years</td><td>Total</td></tr><tr><td>U.S. commercial</td><td>$57,572</td><td>$94,860</td><td>$42,955</td><td>$195,387</td></tr><tr><td>U.S. commercial real estate</td><td>14,073</td><td>19,164</td><td>4,533</td><td>37,770</td></tr><tr><td>Non-U.S. and other<sup>-3</sup></td><td>53,636</td><td>8,257</td><td>707</td><td>62,600</td></tr><tr><td>Total selected loans</td><td>$125,281</td><td>$122,281</td><td>$48,195</td><td>$295,757</td></tr><tr><td>Percent of total</td><td>42%</td><td>41%</td><td>17%</td><td>100%</td></tr><tr><td>Sensitivity of selected loans to changes in interest rates for loans due after one year:</td><td></td><td></td><td></td><td></td></tr><tr><td>Fixed interest rates</td><td></td><td>$11,480</td><td>$24,553</td><td></td></tr><tr><td>Floating or adjustable interest rates</td><td></td><td>110,801</td><td>23,642</td><td></td></tr><tr><td>Total</td><td></td><td>$122,281</td><td>$48,195</td><td></td></tr></table>
<table><tr><td> </td><td colspan="2"> Sales Price</td></tr><tr><td> </td><td> High</td><td> Low</td></tr><tr><td><i>Fiscal 2007</i></td><td></td><td></td></tr><tr><td>First Quarter</td><td>$59.50</td><td>$50.49</td></tr><tr><td>Second Quarter</td><td>55.51</td><td>43.51</td></tr><tr><td>Third Quarter</td><td>58.49</td><td>44.53</td></tr><tr><td>Fourth Quarter</td><td>56.69</td><td>45.08</td></tr><tr><td><i>Fiscal 2006</i></td><td></td><td></td></tr><tr><td>First Quarter</td><td>$36.99</td><td>$31.93</td></tr><tr><td>Second Quarter</td><td>53.17</td><td>36.20</td></tr><tr><td>Third Quarter</td><td>50.88</td><td>40.40</td></tr><tr><td>Fourth Quarter</td><td>56.00</td><td>42.75</td></tr></table>
<table><tr><td> </td><td colspan="3"> For the fiscal years ended October 31</td></tr><tr><td> </td><td>2013</td><td>2012</td><td> 2011</td></tr><tr><td> </td><td colspan="3"> In millions </td></tr><tr><td>Net revenue</td><td>$3,913</td><td>$4,060</td><td>$3,367</td></tr><tr><td>Earnings from operations</td><td>$866</td><td>$827</td><td>$722</td></tr><tr><td>Earnings from operations as a % of net revenue</td><td>22.1%</td><td>20.4%</td><td>21.4%</td></tr></table>

Question: What is the growing rate of Commercial real estate in the years with the least Other consumer?
Answer: 0.14581