Issuer Purchases of Equity Securities During the three months ended December 31, 2010, we repurchased 1,460,682 shares of our Common Stock for an aggregate of $74.6 million, including commissions and fees, pursuant to our publicly announced stock repurchase program, as follows:
## Table 0 ##
(1) Repurchases made pursuant to the $1.5 billion stock repurchase program approved by our Board of Directors in February 2008 (the “Buyback”).
Under this program, our management is authorized to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements, and subject to market conditions and other factors.
To facilitate repurchases, we make purchases pursuant to trading plans under Rule 10b5-1 of the Exchange Act, which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods.
This program may be discontinued at any time.
Subsequent to December 31, 2010, we repurchased 1,122,481 shares of our Common Stock for an aggregate of $58.0 million, including commissions and fees, pursuant to the Buyback.
As of February 11, 2011, we had repurchased a total of 30.9 million shares of our Common Stock for an aggregate of $1.2 billion, including commissions and fees pursuant to the Buyback.
We expect to continue to manage the pacing of the remaining $273.1 million under the Buyback in response to general market conditions and other relevant factors.
Notes to Consolidated Financial Statements Note 16.
Quarterly Financial Data (Unaudited)
## Table 1 ##
The sum of the quarterly per share amounts may not equal per share amounts reported for year-to-date periods.
This is due to changes in the number of weighted average shares outstanding and the effects of rounding for each period.
(a) Net loss for the second quarter of 2016 includes the impact of a $267 million asset impairment charge at Diamond Offshore.
(b) Net loss for the fourth quarter of 2015 includes the impact of a $177 million charge related to recognition of a premium deficiency in CNA’s long term care business and a $182 million asset impairment charge at Diamond Offshore.
Note 17.
Legal Proceedings CNA Financial In September of 2016, a class action lawsuit was filed against CCC, Continental Assurance Company (“CAC”), CNA, the Investment Committee of the CNA 401(k) Plus Plan, The Northern Trust Company and John Does 1-10 (collectively “Defendants”) over the CNA 401(k) Plus Plan.
The complaint alleges that Defendants breached fiduciary duties to the CNA 401(k) Plus Plan and caused prohibited transactions in violation of the Employee Retirement Income Security Act of 1974 when the CNA 401(k) Plus Plan’s Fixed Income Fund’s annuity contract with CAC was canceled.
The plaintiff alleges he and a proposed class of the CNA 401(k) Plus Plan participants who had invested in the Fixed Income Fund suffered lower returns in their CNA 401(k) Plus Plan investments as a consequence of these alleged violations and seeks relief on behalf of the putative class.
CNA has only recently begun evaluating the lawsuit as this litigation is in its preliminary stages, and as of yet no class has been certified.
CCC and the other Defendants are contesting the case and the Company currently is unable to predict the final outcome or the impact on its financial condition, results of operations or cash flows.
As of December 31, 2016, the likelihood of loss is reasonably possible, but the amount of loss, if any, cannot be estimated at this stage of the litigation.
Other Litigation The Company and its subsidiaries are parties to other litigation arising in the ordinary course of business.
The outcome of this litigation will not, in the opinion of management, materially affect the Company’s results of operations or equity
Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations Results of Operations – CNA Financial – (Continued) Non-Core Operations The following table summarizes the results of CNA’s non-core operations for the years ended December 31, 2016, 2015 and 2014.
## Table 2 ##
2016 Compared with 2015 Net loss from continuing operations decreased $262 million in 2016 as compared to 2015.
In 2015, CNA recognized a $177 million (after-tax and noncontrolling interests) charge relating to a premium deficiency and claim reserve strengthening in its long term care business.
The December 31, 2015 Gross Premium Valuation (“GPV”) indicated a premium deficiency of $296 million.
The indicated premium deficiency necessitated a charge to income that was effected by the write off of the entire long term care deferred acquisition cost of $289 million and an increase to active life reserves of $7 million.
Due to the recognition of the premium deficiency and resetting of actuarial assumptions in the fourth quarter of 2015, the operating results of CNA’s long term care business in 2016 reflect the variance between actual experience and the expected results contemplated in its best estimate reserves.
In 2016, the long term care business recorded net operating income of $18 million (after tax and noncontrolling interests), driven by a favorable release of claim reserves resulting from the annual claims experience study and higher net investment income due to an increase in the invested asset base.
The long term care results were generally in line with expectations, as the impact of favorable morbidity was partially offset by unfavorable persistency.
In 2015, results of CNA’s long term care business reflected variances between actual experience and actuarial assumptions that were locked-in at policy issuance.
As a result of the reserve assumption unlocking, the 2016 and 2015 results are not comparable.
For further discussion of the GPV and premium deficiency, see the Insurance Reserves section of this MD&A.
Results in 2016 and 2015 were also negatively affected by $74 million and $49 million (after tax and noncontrolling interests) charges related to the application of retroactive reinsurance accounting to adverse reserve development ceded under the 2010 A&EP loss portfolio transfer, as further discussed in Note 8 of the Notes to Consolidated Financial Statements included under Item 8.2015 Compared with 2014 Net loss from continuing operations increased $264 million in 2015 as compared with 2014 driven by the $177 million (after tax and noncontrolling interests) charge related to recognition of a premium deficiency and claim reserve strengthening in CNA’s long term care business, discussed above.
Excluding the effects of this item, results in 2015 were also negatively affected by higher morbidity in CNA’s long term care business.
Results in 2014 were negatively affected by a $31 million loss (after tax and noncontrolling interests) on a coinsurance transaction related to the sale of CNA’s former life insurance subsidiary.
Results in 2015 were also negatively impacted by an increase in gross A&EP claim reserves.
While all of this reserve development is reinsured under the loss portfolio transfer, only a portion of the reinsurance recovery is currently recognized because of the application of retroactive reinsurance accounting.
As a result, a charge of $84 million ($49 million after tax and noncontrolling interests) was recorded in 2015, as further discussed in Note 8 of the Notes to Consolidated Financial Statements included under Item 8.
Additionally, results in 2015 benefited from lower interest expense due to the maturity of higher coupon debt in the fourth quarter of 2014.

<table><tr><td>Period</td><td>Total Number of Shares Purchased-1</td><td>Average Price Paid per Share</td><td>Total Number of Shares Purchased as Part of  Publicly Announced  Plans or Programs</td><td>Approximate Dollar Value of Shares that May Yet be PurchasedUnder the Plans or Programs  (in millions)</td></tr><tr><td>October 2010</td><td>722,890</td><td>$50.76</td><td>722,890</td><td>$369.1</td></tr><tr><td>November 2010</td><td>400,692</td><td>$51.81</td><td>400,692</td><td>$348.3</td></tr><tr><td>December 2010</td><td>337,100</td><td>$50.89</td><td>337,100</td><td>$331.1</td></tr><tr><td>Total Fourth Quarter</td><td>1,460,682</td><td>$51.08</td><td>1,460,682</td><td>$331.1</td></tr></table>
<table><tr><td> 2016 Quarter Ended</td><td>Dec. 31</td><td> Sept. 30</td><td>June 30</td><td> March 31</td></tr><tr><td> (In millions, except per share data)</td><td></td><td></td><td></td><td></td></tr><tr><td> Total revenues</td><td>$3,338</td><td>$3,287</td><td>$3,307</td><td> $ 3,173</td></tr><tr><td> Net income (loss) (a)</td><td>290</td><td>327</td><td>-65</td><td> 102</td></tr><tr><td> Per share-basic and diluted</td><td>0.86</td><td>0.97</td><td>-0.19</td><td> 0.30</td></tr><tr><td>2015 Quarter Ended</td><td>Dec. 31</td><td>Sept. 30</td><td>June 30</td><td>March 31</td></tr><tr><td>(In millions, except per share data)</td><td></td><td></td><td></td><td></td></tr><tr><td>Total revenues</td><td>$3,333</td><td>$3,169</td><td>$3,435</td><td>$ 3,478</td></tr><tr><td>Net income (loss) (b)</td><td>-201</td><td>182</td><td>170</td><td>109</td></tr><tr><td>Per share-basic and diluted</td><td>-0.58</td><td>0.50</td><td>0.46</td><td>0.29</td></tr></table>
<table><tr><td> Years Ended December 31</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td> (In millions)</td><td></td><td></td><td></td></tr><tr><td>Net earned premiums</td><td>$ 536</td><td>$ 548</td><td>$ 556</td></tr><tr><td>Net investment income</td><td>783</td><td>721</td><td>723</td></tr><tr><td>Net operating loss</td><td>-146</td><td>-399</td><td>-138</td></tr><tr><td>Net realized investment gains</td><td>21</td><td>12</td><td>15</td></tr><tr><td>Net loss from continuing operations</td><td>-125</td><td>-387</td><td>-123</td></tr></table>

Question: What is the ratio of all elements for Net income (loss) (a) that are smaller than 200 to the sum of elements , in 2016?
Answer: 0.05657