CITIZENS FINANCIAL GROUP, INC.  MANAGEMENT?S DISCUSSION AND ANALYSIS 51 $60 million of FAMC costs, primarily in salaries and employee benefits, and $54 million of FAMC integration costs and other notable items.
These increases were partially offset by lower other operating expenses.
Excluding FAMC integration costs, other notable items and the impact of 2017 aircraft operating lease impairments, Underlying noninterest expense* increased $146 million, or 4%.
Income Tax Expense Income tax expense of $462 million increased $202 million, or 78%, from $260 million in 2017.
The 2018 effective tax rate of 21.2% increased from 13.6% in 2017, primarily attributable to the revaluation of our deferred tax liability as a result of 2017 Tax Legislation.
On an Underlying basis,* the effective income tax rate decreased to 22.5% from 32.2% in 2017, primarily attributable to the reduction in the federal statutory tax rate from 35% to 21% under the 2017 Tax Legislation, partially offset by an increase in state and local income taxes and non-deductible FDIC premiums.
At December 31, 2018, our net deferred tax liability of $573 million compared to a $571 million liability at December 31, 2017.
The increase in the net deferred tax liability was primarily attributable to the tax effect of differences in the timing of deductions and income items for financial statement purposes versus taxable income purposes almost fully offset by the tax effect of the net unrealized losses on securities and derivatives arising during the period.
For further discussion, see Note 22 ?Income Taxes?
to our Consolidated Financial Statements in Part II, Item 8 ?
Financial Statements and Supplementary Data, included in this Report.
Business Operating Segments The following tables present certain financial data of our business operating segments, Other and consolidated:
## Table 0 ##
(1) We periodically evaluate and refine our methodologies used to measure financial performance of our business operating segments.
In first quarter 2018, we enhanced our assumptions for the liquidity and deposit components within our FTP methodology which provides a credit for sources of funds and a charge for the use of funds by each business operating segment.
The enhancement largely provides increased credit for the stability of deposit composition, and an increased charge for unused commitments under lending arrangements.
Prior periods have not been adjusted for this change.
(2) Includes loans held for sale (3) We revised our method of calculating the loans-to-deposits ratio in third quarter 2018 to exclude loans held for sale.
Prior periods have been adjusted to conform with the current period presentation.
(4) Includes the financial impact of non-core, liquidating loan portfolios and other non-core assets, our treasury activities, wholesale funding activities, securities portfolio, community development assets and other unallocated assets, liabilities, capital, revenues, provision for credit losses, expenses and income tax expense, not attributed to our Consumer Banking or Commercial Banking segments.
For a description of non-core assets, see ?
?Analysis of Financial Condition ?
Non-Core Assets.
?
D. R.  HORTON, INC.  AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) homebuilding work to subcontractors who typically provide it with an indemnity and a certificate of insurance prior to receiving payments for their work, claims relating to workmanship and materials are generally the primary responsibility of the subcontractors.
Warranty liabilities have been established by charging cost of sales for each home delivered.
The amounts charged are based on management’s estimate of expected warranty-related costs under all unexpired warranty obligation periods.
The Company’s warranty liability is based upon historical warranty cost experience in each market in which it operates and is adjusted as appropriate to reflect qualitative risks associated with the types of homes built and the geographic areas in which they are built.
Changes in the Company’s warranty liability were as follows:
## Table 1 ##
Insurance Claim Costs The Company has, and requires the majority of its subcontractors to have, general liability insurance (including construction defect coverage) and workers compensation insurance.
These insurance policies protect the Company against a portion of its risk of loss from claims, subject to certain self-insured retentions, deductibles and other coverage limits.
In certain states where the Company believes it is too difficult or expensive for subcontractors to obtain general liability insurance, the Company has waived its traditional subcontractor general liability insurance requirements to obtain lower bids from subcontractors.
The Company self-insures a portion of its overall risk, partially through the use of a captive insurance entity which issues a general liability policy to the Company, naming certain subcontractors as additional insureds.
The Company records expenses and liabilities related to the costs to cover its self-insured and deductible amounts under those policies and for any estimated costs of potential claims and lawsuits (including expected legal costs) in excess of its coverage limits or not covered by such policies, based on an analysis of the Company’s historical claims, which includes an estimate of claims incurred but not yet reported.
Expenses related to such claims were approximately $95.0 million, $41.7 million and $101.2 million in fiscal 2007, 2006 and 2005, respectively.
Advertising Costs The Company expenses advertising costs as they are incurred.
Advertising expense was approximately $90.6 million, $110.6 million and $78.9 million in fiscal 2007, 2006 and 2005, respectively.
Income Taxes The provision for, or benefit from, income taxes is calculated using the asset and liability method, under which deferred tax assets and liabilities are recorded based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.
In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.
The ultimate realization of deferred tax assets is primarily dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible.
In determining the future tax consequences of events that have been recognized in the Company’s financial statements or tax returns,
HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Notes to Consolidated and Combined Financial Statements (Continued) In connection with the Separation, the Company granted one-time retention stock awards, with a total grant date fair value of approximately $137 million, to certain executives in the first quarter of fiscal 2016.
These awards generally vest over three years from the grant date.
Stock-Based Compensation Expense Stock-based compensation expense and the resulting tax benefits were as follows:
## Table 2 ##
In May 2016, in connection with the announcement of the Everett Transaction, the Company modified its stock-based compensation program such that certain unvested equity awards outstanding on May 24, 2016 would vest upon the earlier of: (i) the termination of an employee’s employment with HPE as a direct result of an announced sale, divestiture or spin-off of a subsidiary, division or other business; (ii) the termination of an employee’s employment with HPE without cause; or (iii) June 1, 2018.
This modification also included changes to the performance and market conditions of certain performance-based awards.
The incremental expense arising from this modification was not material.
Additionally, as a result of the accelerated vesting related to this modification, the Company incurred stock-based compensation expense of $126 million during fiscal 2017, of which $92 million was recorded in Net loss from discontinued operations in the Consolidated Statement of Earnings for the fiscal year ended October 31, 2017.
The remaining $34 million arising from the modification for fiscal 2017 has been recorded within Separation costs in the Consolidated Statement of Earnings.
Additionally, as permitted by the Plan, in connection with the Everett and Seattle Transactions and in accordance with the respective Employee Matters Agreements, HPE made certain post-spin adjustments to the exercise price and number of stock-based compensation awards with the intention of preserving the intrinsic value of the outstanding awards prior to the close of the transactions.
The incremental expense incurred by the Company related to the Everett and Seattle Transactions was not material.
For the fiscal year ended October 31, 2017, stock-based compensation expense from continuing operations in the table above includes pre-tax expense of $41 million, which has been recorded within Separation costs, $33 million related to workforce reductions, which has been recorded within Restructuring charges, and $23 million related to the acquisitions of Silicon Graphics International Corp.  (‘‘SGI’’) and Nimble Storage, Inc.  (‘‘Nimble Storage’’), which has been recorded within Acquisition and other related charges in the Consolidated Statement of Earnings.
For the fiscal year ended October 31, 2016, stock-based compensation expense from continuing operations in the table above includes pre-tax expense of $33 million, which has been recorded within Separation costs, and $8 million, related to workforce reductions, which has been recorded within Restructuring charges, in the Consolidated Statement of Earnings.
In connection with the Separation, former Parent’s Board of Directors approved amendments to certain outstanding long-term incentive awards on July 29, 2015.
The amendments provided for the accelerated vesting on September 17, 2015 of certain stock-based awards that were otherwise scheduled to vest between September 18, 2015 and December 31, 2015.
The incremental pre-tax stock-based compensation expense due to the acceleration was approximately $61 million in fiscal 2015.
PART III ITEM 10.
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE For the information required by this Item 10, other than information with respect to our Executive Officers contained at the end of Item 1 of this report, see “Election Of Directors,” “Nominees for Election to the Board of Directors,” “Corporate Governance” and “Section 16(a) Beneficial Ownership Reporting Compliance,” in the Proxy Statement for our 2015 Annual Meeting, which information is incorporated herein by reference.
The Proxy Statement for our 2015 Annual Meeting will be filed within 120 days of the close of our fiscal year.
For the information required by this Item 10 with respect to our Executive Officers, see Part I of this report on pages 11 - 12.
ITEM 11.
EXECUTIVE COMPENSATION For the information required by this Item 11, see “Executive Compensation,” “Compensation Committee Report on Executive Compensation” and “Compensation Committee Interlocks and Insider Participation” in the Proxy Statement for our 2015 Annual Meeting, which information is incorporated herein by reference.
ITEM 12.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS For the information required by this Item 12 with respect to beneficial ownership of our common stock, see “Security Ownership of Certain Beneficial Owners and Management” in the Proxy Statement for our 2015Annual Meeting, which information is incorporated herein by reference.
The following table sets forth certain information as of December 31, 2014 regarding our equity plans :
## Table 3 ##
ITEM 13.
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE For the information required by this Item 13, see “Certain Transactions” and “Corporate Governance” in the Proxy Statement for our 2015 Annual Meeting, which information is incorporated herein by reference.
ITEM 14.
PRINCIPAL ACCOUNTING FEES AND SERVICES For the information required by this Item 14, see “Audit and Non-Audit Fees” and “Policy on Audit Committee PreApproval of Audit and Non-Audit Services of Independent Registered Public Accounting Firm” in the Proxy Statement for our 2015 Annual Meeting, which information is incorporated herein by reference.

<table><tr><td></td><td colspan="4">As of and for the Year Ended December 31, 2018</td></tr><tr><td>(dollars in millions)</td><td>Consumer Banking</td><td>Commercial Banking</td><td>Other -4</td><td>Consolidated</td></tr><tr><td>Net interest income<sup>-1</sup></td><td>$3,064</td><td>$1,497</td><td>-$29</td><td>$4,532</td></tr><tr><td>Noninterest income</td><td>973</td><td>545</td><td>78</td><td>1,596</td></tr><tr><td>Total revenue</td><td>4,037</td><td>2,042</td><td>49</td><td>6,128</td></tr><tr><td>Noninterest expense</td><td>2,723</td><td>813</td><td>83</td><td>3,619</td></tr><tr><td>Profit before provision for credit losses</td><td>1,314</td><td>1,229</td><td>-34</td><td>2,509</td></tr><tr><td>Provision for credit losses</td><td>289</td><td>26</td><td>11</td><td>326</td></tr><tr><td>Income (loss) before income tax expense (benefit)</td><td>1,025</td><td>1,203</td><td>-45</td><td>2,183</td></tr><tr><td>Income tax expense (benefit)</td><td>258</td><td>276</td><td>-72</td><td>462</td></tr><tr><td>Net income</td><td>$767</td><td>$927</td><td>$27</td><td>$1,721</td></tr><tr><td>Loans and leases (period-end)<sup>(2)</sup></td><td>$62,250</td><td>$53,439</td><td>$2,291</td><td>$117,980</td></tr><tr><td>Average Balances:</td><td></td><td></td><td></td><td></td></tr><tr><td>Total assets</td><td>$62,444</td><td>$52,362</td><td>$39,747</td><td>$154,553</td></tr><tr><td>Total loans and leases<sup>-2</sup></td><td>60,691</td><td>51,344</td><td>2,446</td><td>114,481</td></tr><tr><td>Deposits</td><td>77,542</td><td>30,704</td><td>7,611</td><td>115,857</td></tr><tr><td>Interest-earning assets</td><td>60,743</td><td>51,572</td><td>28,984</td><td>141,299</td></tr><tr><td>Key Performance Metrics:</td><td></td><td></td><td></td><td></td></tr><tr><td>Net interest margin</td><td>5.04%</td><td>2.90%</td><td>NM</td><td>3.19%</td></tr><tr><td>Efficiency ratio</td><td>67.47</td><td>39.80</td><td>NM</td><td>59.06</td></tr><tr><td>Loans-to-deposits ratio (average balances)<sup>(3)</sup></td><td>77.42</td><td>166.09</td><td>NM</td><td>97.94</td></tr><tr><td>Return on average total tangible assets</td><td>1.23</td><td>1.77</td><td>NM</td><td>1.16</td></tr></table>
<table><tr><td></td><td colspan="2">September 30,</td></tr><tr><td></td><td>2007</td><td>2006</td></tr><tr><td></td><td colspan="2">(In millions)</td></tr><tr><td>Warranty liability, beginning of year</td><td>$130.4</td><td>$121.6</td></tr><tr><td>Warranties issued</td><td>51.0</td><td>75.2</td></tr><tr><td>Changes in liability for pre-existing warranties</td><td>-12.3</td><td>-15.5</td></tr><tr><td>Settlements made</td><td>-53.1</td><td>-50.9</td></tr><tr><td>Warranty liability, end of year</td><td>$116.0</td><td>$130.4</td></tr></table>
<table><tr><td></td><td colspan="3">Fiscal years ended October 31,</td></tr><tr><td></td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td></td><td colspan="3">In millions</td></tr><tr><td>Stock-based compensation expense from continuing operations</td><td>$454</td><td>$408</td><td>$362</td></tr><tr><td>Income tax benefit</td><td>-159</td><td>-131</td><td>-106</td></tr><tr><td>Stock-based compensation expense from continuing operations, net of tax</td><td>$295</td><td>$277</td><td>$256</td></tr><tr><td>Stock-based compensation expense from discontinued operations</td><td>$166</td><td>$189</td><td>$203</td></tr></table>
<table><tr><td>Plan Category</td><td>Number of Securitiesto be Issued UponExercise ofOutstanding Options, Warrants and Rights (A)(B)</td><td>Weighted-AverageExercise Price ofOutstanding Options, Warrants and Rights</td><td>Number of SecuritiesRemaining Available forFuture Issuance UnderEquity CompensationPlans (ExcludingSecurities Reflected in Column (A)) (C)</td></tr><tr><td>Equity compensation plans approved by security holders</td><td>1,233,672</td><td>$75.93</td><td>4,903,018</td></tr></table>

Question: Does the proportion of non-interest income in consumer banking in total larger than that of non-interest income in commercial banking in 2018?
Answer: -0.02587