Table of Contents Our Certificate of Incorporation and Bylaws include anti-takeover provisions that may make it difficult for another company to acquire control of us or limit the price investors might be willing to pay for our stock.
Certain provisions of our Certificate of Incorporation and Bylaws could delay the removal of incumbent directors and could make it more difficult to successfully complete a merger, tender offer, or proxy contest involving us.
Our Certificate of Incorporation has provisions that give our Board the ability to issue preferred stock and determine the rights and designations of the preferred stock at any time without stockholder approval.
The rights of the holders of our common stock will be subject to, and may be adversely affected by, the rights of the holders of any preferred stock that may be issued in the future.
The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could have the effect of making it more difficult for a third party to acquire, or of discouraging a third party from acquiring, a majority of our outstanding voting stock.
In addition, the staggered terms of our board of directors could have the effect of delaying or deferring a change in control.
In addition, certain provisions of the Delaware General Corporation Law (DGCL), including Section 203 of the DGCL, may have the effect of delaying or preventing changes in the control or management of Illumina.
Section 203 of the DGCL provides, with certain exceptions, for waiting periods applicable to business combinations with stockholders owning at least 15% and less than 85% of the voting stock (exclusive of stock held by directors, officers, and employee plans) of a company.
The above factors may have the effect of deterring hostile takeovers or otherwise delaying or preventing changes in the control or management of Illumina, including transactions in which our stockholders might otherwise receive a premium over the fair market value of our common stock.
ITEM 1B.
Unresolved Staff Comments.
None.
ITEM 2.
Properties.
The following table summarizes the facilities we leased as of December 30, 2018, including the location and size of each principal facility, and their designated use.
We believe our facilities are adequate for our current and near-term needs, and we will be able to locate additional facilities, as needed.
## Table 0 ##
*Excludes approximately 48,000 square feet for which the leases do not commence until 2019 and beyond.
ITEM 3.
Legal Proceedings.
See discussion of legal proceedings in note “7.
Legal Proceedings” in Part II, Item 8 of this report, which is incorporated by reference herein.
ITEM 4.
Mine Safety Disclosures.
Not applicable.
The carrying amounts and estimated fair values of the Company’s financial instruments as of December 31, 2011 are as follows:
## Table 1 ##
(1) Estimated fair values are consistent with an exit price concept.
The assumptions used to estimate the fair values are intended to approximate those that a market participant would use in a hypothetical orderly transaction.
In estimating fair value, the Company makes adjustments for interest rates, market liquidity and credit spreads as appropriate.
(2) The estimated fair value of portfolio loans assumes sale of the loans to a third-party financial investor.
Accordingly, the value to the Company if the loans were held to maturity is not reflected in the fair value estimate.
In the current whole loan market, financial investors are generally requiring a higher rate of return than the return inherent in loans if held to maturity.
The fair value discount at December 31, 2011 was $8.1 billion or 11.0 percent.
(3) Excluded from this table is the lease carrying amount of $1.6 billion at December 31, 2011.
NOTE 22.  BUSINESS SEGMENT INFORMATION Each of Regions’ reportable segments is a strategic business unit that serves specific needs of Regions’ customers based on the products and services provided.
The segments are based on the manner in which management views the financial performance of the business.
The Company has three reportable segments: Business Services, Consumer Services and Wealth Management, with the remainder split between Discontinued Operations and Other.
During the third quarter of 2012, Regions reorganized its internal management structure and, accordingly, its segment reporting structure.
Historically, Regions’ primary business segment was Banking/ Treasury, representing the Company’s banking network (including the Consumer & Commercial Banking function along with the Treasury function).
Other segments included Investment Banking/Brokerage/Trust and Insurance.
During the second quarter of 2012, Regions consummated the sale of Morgan Keegan (the primary component of Investment Banking/Brokerage/Trust).
Shortly thereafter, Regions announced organizational changes to better integrate and execute the Company’s strategic priorities across all lines of business and geographies.
As a result, Regions revised its reportable segments as described below.
Prior periods’ information has been restated to conform to the current periods’ presentation.
The Business Services segment represents the Company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending.
This segment also includes equipment lease financing.
Business Services customers include corporate, middle market, small business and commercial real estate developers and investors.
Corresponding deposit products related to these types of customers are included in this segment.
Table of Contents 9 Item 1.  Business Regions Financial Corporation is a FHC headquartered in Birmingham, Alabama that operates in the South, Midwest and Texas.
The terms "Regions," "the Company," "we," "us" and "our" mean Regions Financial Corporation, a Delaware corporation and its subsidiaries, when appropriate.
Regions provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of asset management, wealth management, securities brokerage, insurance brokerage, trust services, merger and acquisition advisory services, and other specialty financing.
At December 31, 2017, Regions had total consolidated assets of approximately $124.3 billion, total consolidated deposits of approximately $96.9 billion and total consolidated stockholders’ equity of approximately $16.2 billion.
Regions is a Delaware corporation and on July 1, 2004, became the successor by merger to Union Planters Corporation and the former Regions Financial Corporation.
Its principal executive offices are located at 1900 Fifth Avenue North, Birmingham, Alabama 35203, and its telephone number at that address is (800) 734-4667.
Banking Operations Regions conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank that is a member of the Federal Reserve System.
At December 31, 2017, Regions operated 1,899 ATMs and 1,469 total branch outlets across the South, Midwest and Texas.
The following chart depicts the distribution of branch locations in each of the states in which Regions conducts its banking operations.
## Table 2 ##
Other Financial Services Operations In addition to its banking operations, Regions provides additional financial services through the following subsidiaries: Regions Insurance Group, Inc. , a subsidiary of Regions, is an insurance broker that offers the placement of insurance coverage with insurance companies or other risk bearing entities through its subsidiaries: Regions Insurance, Inc. , headquartered in Birmingham, Alabama; Trilogy Risk Specialists, Inc. , headquartered in Memphis, Tennessee; and Regions Insurance Services, Inc. , headquartered in Memphis, Tennessee.
Through its insurance brokerage operations in Alabama, Arkansas, Florida, Georgia, Indiana, Louisiana, Mississippi, South Carolina, Tennessee and Texas, Regions Insurance, Inc.  offers insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health and accident insurance.
Regions Insurance, Inc.  also provides services related to employee benefits.
Trilogy Risk Specialists, Inc.  operates as a wholesale insurance broker assisting retail insurance brokers in placing insurance coverage for the retail brokers’ customers with risk bearing entities.
Regions Insurance Services, Inc.  offers various insurance products, such as crop and life insurance.
Regions Insurance Group, Inc.  is one of the thirty-five largest insurance brokers in the United States based on annual revenues.
Regions Equipment Finance Corporation and Regions Commercial Equipment Finance, LLC, each a wholly-owned subsidiary of Regions Bank, provide equipment financing products focusing on commercial clients.
Table 1—Financial Highlights
## Table 3 ##

<table><tr><td>Location</td><td>Approximate Square Feet</td><td>Operation</td><td>LeaseExpiration Dates</td></tr><tr><td>San Diego, CA</td><td>1,195,000</td><td>R&D, Manufacturing, Warehouse, Distribution, and Administrative</td><td>2019 – 2031</td></tr><tr><td>San Francisco Bay Area, CA</td><td>501,000</td><td>R&D, Manufacturing, Warehouse, and Administrative</td><td>2020 – 2033</td></tr><tr><td>Singapore</td><td>395,000</td><td>R&D, Manufacturing, Warehouse, Distribution, and Administrative</td><td>2020 – 2025</td></tr><tr><td>Cambridge, United Kingdom</td><td>263,000</td><td>R&D, Manufacturing, and Administrative</td><td>2019 – 2039</td></tr><tr><td>Madison, WI</td><td>205,000</td><td>R&D, Manufacturing, Warehouse, Distribution, and Administrative</td><td>2019 – 2033</td></tr><tr><td>Eindhoven, the Netherlands</td><td>42,000</td><td>Distribution and Administrative</td><td>2020</td></tr><tr><td>Other*</td><td>86,000</td><td>Administrative</td><td>2019 – 2023</td></tr></table>
<table><tr><td></td><td colspan="2"> December 31, 2011</td></tr><tr><td></td><td> Carrying Amount</td><td> Estimated Fair Value<sup>-1</sup></td></tr><tr><td></td><td colspan="2"> (In millions)</td></tr><tr><td>Financial assets:</td><td></td><td></td></tr><tr><td>Cash and cash equivalents</td><td>$7,245</td><td>$7,245</td></tr><tr><td>Trading account assets</td><td>1,266</td><td>1,266</td></tr><tr><td>Securities available for sale</td><td>24,471</td><td>24,471</td></tr><tr><td>Securities held to maturity</td><td>16</td><td>17</td></tr><tr><td>Loans held for sale</td><td>1,193</td><td>1,193</td></tr><tr><td>Loans (excluding leases), net of unearned income and allowance for loan losses<sup>(2), (3)</sup></td><td>73,284</td><td>65,224</td></tr><tr><td>Other interest-earning assets</td><td>1,085</td><td>1,085</td></tr><tr><td>Derivatives, net</td><td>339</td><td>339</td></tr><tr><td>Financial liabilities:</td><td></td><td></td></tr><tr><td>Deposits</td><td>95,627</td><td>95,757</td></tr><tr><td>Short-term borrowings</td><td>3,067</td><td>3,067</td></tr><tr><td>Long-term borrowings</td><td>8,110</td><td>7,439</td></tr><tr><td>Loan commitments and letters of credit</td><td>117</td><td>756</td></tr></table>
<table><tr><td></td><td>Branches</td></tr><tr><td>Florida</td><td>317</td></tr><tr><td>Tennessee</td><td>221</td></tr><tr><td>Alabama</td><td>218</td></tr><tr><td>Mississippi</td><td>126</td></tr><tr><td>Georgia</td><td>119</td></tr><tr><td>Louisiana</td><td>101</td></tr><tr><td>Arkansas</td><td>85</td></tr><tr><td>Texas</td><td>74</td></tr><tr><td>Missouri</td><td>57</td></tr><tr><td>Indiana</td><td>52</td></tr><tr><td>Illinois</td><td>49</td></tr><tr><td>South Carolina</td><td>24</td></tr><tr><td>Kentucky</td><td>12</td></tr><tr><td>Iowa</td><td>8</td></tr><tr><td>North Carolina</td><td>6</td></tr><tr><td>Total</td><td>1,469</td></tr></table>
<table><tr><td></td><td>2017</td><td>2016</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td></td><td colspan="5">(In millions, except per share data)</td></tr><tr><td>EARNINGS SUMMARY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest income, including other financing income</td><td>$3,988</td><td>$3,814</td><td>$3,603</td><td>$3,589</td><td>$3,647</td></tr><tr><td>Interest expense and depreciation expense on operating lease assets</td><td>448</td><td>416</td><td>296</td><td>309</td><td>384</td></tr><tr><td>Net interest income and other financing income</td><td>3,540</td><td>3,398</td><td>3,307</td><td>3,280</td><td>3,263</td></tr><tr><td>Provision for loan losses</td><td>150</td><td>262</td><td>241</td><td>69</td><td>138</td></tr><tr><td>Net interest income and other financing income after provision for loan losses</td><td>3,390</td><td>3,136</td><td>3,066</td><td>3,211</td><td>3,125</td></tr><tr><td>Non-interest income</td><td>2,105</td><td>2,153</td><td>2,071</td><td>1,903</td><td>2,096</td></tr><tr><td>Non-interest expense</td><td>3,624</td><td>3,617</td><td>3,607</td><td>3,432</td><td>3,556</td></tr><tr><td>Income from continuing operations before income taxes</td><td>1,871</td><td>1,672</td><td>1,530</td><td>1,682</td><td>1,665</td></tr><tr><td>Income tax expense</td><td>614</td><td>514</td><td>455</td><td>548</td><td>561</td></tr><tr><td>Income from continuing operations</td><td>1,257</td><td>1,158</td><td>1,075</td><td>1,134</td><td>1,104</td></tr><tr><td>Income (loss) from discontinued operations before income taxes</td><td>8</td><td>8</td><td>-22</td><td>21</td><td>-24</td></tr><tr><td>Income tax expense (benefit)</td><td>2</td><td>3</td><td>-9</td><td>8</td><td>-11</td></tr><tr><td>Income (loss) from discontinued operations, net of tax</td><td>6</td><td>5</td><td>-13</td><td>13</td><td>-13</td></tr><tr><td>Net income</td><td>$1,263</td><td>$1,163</td><td>$1,062</td><td>$1,147</td><td>$1,091</td></tr><tr><td>Net income from continuing operations available to common shareholders</td><td>$1,193</td><td>$1,094</td><td>$1,011</td><td>$1,082</td><td>$1,072</td></tr><tr><td>Net income available to common shareholders</td><td>$1,199</td><td>$1,099</td><td>$998</td><td>$1,095</td><td>$1,059</td></tr><tr><td>Earnings per common share from continuing operations – basic</td><td>$1.01</td><td>$0.87</td><td>$0.76</td><td>$0.79</td><td>$0.77</td></tr><tr><td>Earnings per common share from continuing operations – diluted</td><td>1.00</td><td>0.87</td><td>0.76</td><td>0.78</td><td>0.76</td></tr><tr><td>Earnings per common share – basic</td><td>1.01</td><td>0.87</td><td>0.75</td><td>0.80</td><td>0.76</td></tr><tr><td>Earnings per common share – diluted</td><td>1.00</td><td>0.87</td><td>0.75</td><td>0.79</td><td>0.75</td></tr><tr><td>Return on average common stockholders' equity</td><td>7.56%</td><td>6.74%</td><td>6.21%</td><td>6.90%</td><td>7.09%</td></tr><tr><td>Return on average tangible common stockholders’ equity (non-GAAP)<sup>(1)</sup></td><td>11.01</td><td>9.69</td><td>8.96</td><td>10.00</td><td>10.59</td></tr><tr><td>Return on average assets from continuing operations</td><td>0.96</td><td>0.87</td><td>0.83</td><td>0.91</td><td>0.91</td></tr><tr><td>BALANCE SHEET SUMMARY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>As of December 31</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Loans, net of unearned income</td><td>$79,947</td><td>$80,095</td><td>$81,162</td><td>$77,307</td><td>$74,609</td></tr><tr><td>Allowance for loan losses</td><td>-934</td><td>-1,091</td><td>-1,106</td><td>-1,103</td><td>-1,341</td></tr><tr><td>Assets</td><td>124,294</td><td>125,968</td><td>126,050</td><td>119,563</td><td>117,288</td></tr><tr><td>Deposits</td><td>96,889</td><td>99,035</td><td>98,430</td><td>94,200</td><td>92,453</td></tr><tr><td>Long-term debt</td><td>8,132</td><td>7,763</td><td>8,349</td><td>3,462</td><td>4,830</td></tr><tr><td>Stockholders’ equity</td><td>16,192</td><td>16,664</td><td>16,844</td><td>16,873</td><td>15,660</td></tr><tr><td>Average balances</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Loans, net of unearned income</td><td>$79,846</td><td>$81,333</td><td>$79,634</td><td>$76,253</td><td>$74,924</td></tr><tr><td>Assets</td><td>123,976</td><td>125,506</td><td>122,265</td><td>118,352</td><td>117,712</td></tr><tr><td>Deposits</td><td>97,341</td><td>97,921</td><td>96,890</td><td>93,481</td><td>92,646</td></tr><tr><td>Long-term debt</td><td>7,076</td><td>8,159</td><td>5,046</td><td>4,057</td><td>5,206</td></tr><tr><td>Stockholders’ equity</td><td>16,665</td><td>17,126</td><td>16,916</td><td>16,620</td><td>15,411</td></tr><tr><td>SELECTED RATIOS</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basel I Tier 1 common regulatory capital (non-GAAP)<sup>(3)</sup></td><td>N/A%</td><td>N/A%</td><td>N/A%</td><td>11.65%</td><td>11.21%</td></tr><tr><td>Basel III common equity Tier 1 ratio<sup>-2</sup></td><td>11.05</td><td>11.21</td><td>10.93</td><td>N/A</td><td>N/A</td></tr><tr><td>Basel III common equity Tier 1 ratio—Fully Phased-In Pro-Forma (non-GAAP)<sup>(1)(2)(3)</sup></td><td>10.95</td><td>11.05</td><td>10.69</td><td>11.00</td><td>10.58</td></tr><tr><td>Tier 1 capital<sup>-2(3)(4)</sup></td><td>11.86</td><td>11.98</td><td>11.65</td><td>12.54</td><td>11.68</td></tr><tr><td>Total capital<sup>-2(3)(4)</sup></td><td>13.78</td><td>14.15</td><td>13.88</td><td>15.26</td><td>14.73</td></tr><tr><td>Leverage capital<sup>-2(3)(4)</sup></td><td>10.01</td><td>10.20</td><td>10.25</td><td>10.86</td><td>10.03</td></tr><tr><td>Tangible common stockholders’ equity to tangible assets (non-GAAP)<sup>(1)</sup></td><td>8.71</td><td>8.99</td><td>9.13</td><td>9.66</td><td>9.15</td></tr><tr><td>Efficiency ratio</td><td>63.19</td><td>64.20</td><td>66.15</td><td>65.42</td><td>65.69</td></tr><tr><td>Adjusted efficiency ratio (non-GAAP)<sup>(1)</sup></td><td>62.16</td><td>63.28</td><td>64.87</td><td>64.45</td><td>64.46</td></tr></table>

Question: What is the ratio of Interest income, including other financing income in2017 to the Cash and cash equivalents for Carrying Amount ? (in million)
Answer: 0.55045