Notes to Consolidated Financial Statements Note 14.
Significant Transactions  (Continued) The issuance price of the common units exceeded the Company’s carrying amount, resulting in a pretax gain of approximately $133.1 million.
In accordance with SEC Staff Accounting Bulletin No.51, “Accounting for Sales of Stock by a Subsidiary,” recognition of a gain is only appropriate if the class of securities sold by the subsidiary does not contain any preference over the subsidiary’s other classes of securities.
As a result, the Company will defer gain recognition until the subordinated units are converted into common units.
Boardwalk Pipeline used the net proceeds of approximately $271.4 million to fund the repayment of its intercompany debt ($250.0 million) relating to the acquisition of Gulf South and to provide additional working capital.
Acquisitions The Company, through its subsidiary Boardwalk Pipelines, LLC acquired Gulf South Pipeline, LP (“Gulf South”) from Entergy-Koch, LP, a venture between Entergy Corporation and Koch Energy, Inc. , a subsidiary of privatelyowned Koch Industries, Inc. , in December of 2004.
The Company funded the $1.14 billion purchase price, including transaction costs and closing adjustments, with $575.0 million of proceeds from an interim loan and the remaining approximately $561.0 million from its available cash.
In January of 2005, Boardwalk Pipelines, LLC and Gulf South issued long-term debt and used the proceeds to repay the $575.0 million interim loan.
See Note 12.
Gulf South owns and operates a 7,570-mile interstate natural gas pipeline and storage system located in the states of Texas, Louisiana, Mississippi, Alabama and Florida.
The Gulf South pipeline system is comprised of the interstate transmission pipeline and 80.0 billion cubic feet (“Bcf”) of working gas storage capacity.
In May of 2003, Boardwalk Pipelines, LLC acquired Texas Gas from The Williams Companies, Inc.  (“Williams”).
The transaction value was approximately $1.05 billion, which included $250.0 million of existing Texas Gas debt.
The results of Texas Gas have been included in the Consolidated Financial Statements from the date of acquisition.
The Company funded the approximately $803.3 million balance of the purchase price, including transaction costs and closing adjustments, with $528.3 million of its available cash and $275.0 million of proceeds from an interim loan incurred by Texas Gas immediately after the acquisition.
Upon completion of the acquisition, Boardwalk Pipelines, LLC issued $185.0 million of 5.2% Notes due 2018 and Texas Gas issued $250.0 million of 4.6% Notes due 2015.
The net offering proceeds of approximately $431.0 million were used to repay the $275.0 million interim loan and to retire approximately $132.7 million principal amount of Texas Gas’s existing $150.0 million of 8.625% Notes due 2004 and to pay related tender premiums.
In March of 2004, Texas Gas retired the remaining $17.3 million principal amount of its 8.625% Notes upon final maturity.
Texas Gas used its existing cash balances to fund this maturity.
Boardwalk Pipelines, LLC was converted to a limited partnership in November 2005 and is now known as Boardwalk Pipelines, LP.
Texas Gas owns and operates a 5,900-mile natural gas pipeline system that transports natural gas originating in the Louisiana Gulf Coast and East Texas and running north and east through Louisiana, Arkansas, Mississippi, Tennessee, Kentucky, Indiana and into Ohio, with smaller diameter lines extending into Illinois.
Texas Gas currently has a delivery capacity of 2.8 Bcf per day and a working storage capacity of 63.0 Bcf.
The allocation of purchase price to the assets and liabilities acquired was as follows:
## Table 0 ##
Indemnification and repurchase claims are typically settled on an individual loan basis through make-whole payments or loan repurchases; however, on occasion we may negotiate pooled settlements with investors.
In connection with pooled settlements, we typically do not repurchase loans and the consummation of such transactions generally results in us no longer having indemnification and repurchase exposure with the investor in the transaction.
For the first and second-lien mortgage balances of unresolved and settled claims contained in the tables below, a significant amount of these claims were associated with sold loans originated through correspondent lender and broker origination channels.
In certain instances when indemnification or repurchase claims are settled for these types of sold loans, we have recourse back to the correspondent lenders, brokers and other third-parties (e. g. , contract underwriting companies, closing agents, appraisers, etc.
).
Depending on the underlying reason for the investor claim, we determine our ability to pursue recourse with these parties and file claims with them accordingly.
Our historical recourse recovery rate has been insignificant as our efforts have been impacted by the inability of such parties to reimburse us for their recourse obligations (e. g. , their capital availability or whether they remain in business) or factors that limit our ability to pursue recourse from these parties (e. g. , contractual loss caps, statutes of limitations).
Origination and sale of residential mortgages is an ongoing business activity, and, accordingly, management continually assesses the need to recognize indemnification and repurchase liabilities pursuant to the associated investor sale agreements.
We establish indemnification and repurchase liabilities for estimated losses on sold first and second-lien mortgages for which indemnification is expected to be provided or for loans that are expected to be repurchased.
For the first and secondlien mortgage sold portfolio, we have established an indemnification and repurchase liability pursuant to investor sale agreements based on claims made, demand patterns observed to date and/or expected in the future, and our estimate of future claims on a loan by loan basis.
To estimate the mortgage repurchase liability arising from breaches of representations and warranties, we consider the following factors: (i) borrower performance in our historically sold portfolio (both actual and estimated future defaults), (ii) the level of outstanding unresolved repurchase claims, (iii) estimated probable future repurchase claims, considering information about file requests, delinquent and liquidated loans, resolved and unresolved mortgage insurance rescission notices and our historical experience with claim rescissions, (iv) the potential ability to cure the defects identified in the repurchase claims (“rescission rate”), and (v) the estimated severity of loss upon repurchase of the loan or collateral, make-whole settlement, or indemnification.
See Note 24 Commitments and Guarantees in the Notes To Consolidated Financial Statements in Item 8 of this Report for additional information.
The following tables present the unpaid principal balance of repurchase claims by vintage and total unresolved repurchase claims for the past five quarters.
Table 28: Analysis of Quarterly Residential Mortgage Repurchase Claims by Vintage
## Table 1 ##
CONSOLIDATED INCOME STATEMENT REVIEW Our Consolidated Income Statement is presented in Item 8 of this Report.
Net income for 2017 was $5.4 billion, or $10.36 per diluted common share, an increase of 35% compared with $4.0 billion, or $7.30 per diluted common share, for 2016.
Higher net income was driven by an 8% increase in total revenue and a tax benefit from the new federal tax legislation, partially offset by a 10% increase in noninterest expense.
Revenue growth resulted from a 9% increase in net interest income and a 7% increase in noninterest income.
Net Interest Income Table 1: Summarized Average Balances and Net Interest Income (a)
## Table 2 ##
(a) Interest income calculated as taxable-equivalent interest income.
To provide more meaningful comparisons of interest income and yields for all interest-earning assets, as well as net interest margins, we use interest income on a taxable-equivalent basis in calculating average yields and net interest margins by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable investments.
This adjustment is not permitted under GAAP on the Consolidated Income Statement.
For more information, see Reconciliation of Taxable-Equivalent Net Interest Income in the Statistical Information (Unaudited) section in Item 8 of this Report.
Changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields, interest-bearing liabilities and related rates paid, and noninterest-bearing sources of funding.
See the Statistical Information (Unaudited) – Average Consolidated Balance Sheet And Net Interest Analysis and Analysis Of Year-To-Year Changes In Net Interest Income in Item 8 of this Report.
Net interest income increased $717 million, or 9%, in 2017 compared with 2016 due to increases in loan and securities balances and yields, partially offset by an increase in borrowing and deposit costs.
Net interest margin increased largely reflecting the benefit to loans and securities yields from higher interest rates in 2017.
Average investment securities increased $3.0 billion, or 4%, reflecting net purchases of U. S.  Treasury and government agency securities of $2.9 billion and agency residential mortgage-backed securities of $2.8 billion, partially offset by declines in average commercial mortgage-backed securities of $1.6 billion and non-agency residential mortgage-backed securities of $.8 billion.
Total investment securities were 23% of average interest-earning assets in both 2017 and 2016.
Average loans grew by $8.5 billion, or 4%, reflecting an increase in average commercial lending of $8.4 billion driven by broad-based growth in our Corporate Banking, Real Estate, Equipment Finance and Business Credit businesses in our Commercial & Institutional Banking segment.
Growth in Equipment Finance included the impact of the acquisition of a commercial and vendor finance business with $1.0 billion of loans and leases in the second quarter of 2017.
Average consumer lending increased $.1 billion in the comparison, as growth in average residential real estate, automobile and credit card loans was substantially offset by declines in average home equity and education loans.
These declines reflected run-off in the non-strategic consumer loan portfolios of brokered home equity and government guaranteed education loans.
Average loans represented 67% of average interestearning assets in 2017 compared to 66% in 2016.
Average total deposits increased $7.2 billion, or 3%, primarily due to growth in average interest-bearing deposits of $6.7 billion, or 4%, driven by higher average savings deposits of $13.1 billion.
This increase reflected a shift, in part, to relationship-based savings products from money market deposits, which decreased $9.2 billion.
Additionally, average interest-bearing demand deposits grew $4.3 billion, mainly

<table><tr><td></td><td>Gulf South</td><td>Texas Gas</td></tr><tr><td>(In millions)</td><td></td><td></td></tr><tr><td>Current assets</td><td>$77.4</td><td>$81.6</td></tr><tr><td>Property, plant and equipment</td><td>1,159.0</td><td>691.4</td></tr><tr><td>Goodwill</td><td></td><td>169.3</td></tr><tr><td>Other non-current assets</td><td>28.3</td><td>243.9</td></tr><tr><td>Current liabilities</td><td>-108.7</td><td>-58.9</td></tr><tr><td>Short-term debt</td><td></td><td>-149.8</td></tr><tr><td>Long-term debt</td><td></td><td>-99.2</td></tr><tr><td>Other liabilities and deferred credits</td><td>-34.8</td><td>-74.6</td></tr><tr><td></td><td>$1,121.2</td><td>$803.7</td></tr></table>
<table><tr><td>Dollars in millions</td><td>December 31 2012</td><td>September 30 2012</td><td>June 30 2012</td><td>March 31 2012</td><td>December 312011</td></tr><tr><td>2004 & Prior</td><td>$11</td><td>$15</td><td>$31</td><td>$10</td><td>$11</td></tr><tr><td>2005</td><td>8</td><td>10</td><td>19</td><td>12</td><td>13</td></tr><tr><td>2006</td><td>23</td><td>30</td><td>56</td><td>41</td><td>28</td></tr><tr><td>2007</td><td>45</td><td>137</td><td>182</td><td>100</td><td>90</td></tr><tr><td>2008</td><td>7</td><td>23</td><td>49</td><td>17</td><td>18</td></tr><tr><td>2008 & Prior</td><td>94</td><td>215</td><td>337</td><td>180</td><td>160</td></tr><tr><td>2009 – 2012</td><td>38</td><td>52</td><td>42</td><td>33</td><td>29</td></tr><tr><td>Total</td><td>$132</td><td>$267</td><td>$379</td><td>$213</td><td>$189</td></tr><tr><td>FNMA, FHLMC, and GNMA %</td><td>94%</td><td>87%</td><td>86%</td><td>88%</td><td>91%</td></tr></table>
<table><tr><td></td><td colspan="3">2017</td><td colspan="3">2016</td></tr><tr><td>Year Ended December 31Dollars in millions</td><td>AverageBalances</td><td>Average Yields/ Rates</td><td>Interest Income/ Expense</td><td>AverageBalances</td><td>Average Yields/ Rates</td><td>Interest Income/ Expense</td></tr><tr><td>Assets</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-earning assets</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Investment securities</td><td>$75,057</td><td>2.74%</td><td>$2,059</td><td>$72,046</td><td>2.62%</td><td>$1,889</td></tr><tr><td>Loans</td><td>217,271</td><td>3.86%</td><td>8,390</td><td>208,817</td><td>3.61%</td><td>7,543</td></tr><tr><td>Interest-earning deposits with banks</td><td>24,043</td><td>1.11%</td><td>267</td><td>26,328</td><td>.52%</td><td>136</td></tr><tr><td>Other</td><td>8,983</td><td>3.48%</td><td>313</td><td>7,843</td><td>3.56%</td><td>279</td></tr><tr><td>Total interest-earning assets/interest income</td><td>$325,354</td><td>3.39%</td><td>11,029</td><td>$315,034</td><td>3.13%</td><td>9,847</td></tr><tr><td>Liabilities</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing liabilities</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing deposits</td><td>$179,447</td><td>.35%</td><td>623</td><td>$172,764</td><td>.25%</td><td>430</td></tr><tr><td>Borrowed funds</td><td>56,889</td><td>1.90%</td><td>1,083</td><td>52,939</td><td>1.57%</td><td>831</td></tr><tr><td>Total interest-bearing liabilities/interest expense</td><td>$236,336</td><td>.72%</td><td>1,706</td><td>$225,703</td><td>.56%</td><td>1,261</td></tr><tr><td>Net interest income/margin (Non-GAAP)</td><td></td><td>2.87%</td><td>9,323</td><td></td><td>2.73%</td><td>8,586</td></tr><tr><td>Taxable-equivalent adjustments</td><td></td><td></td><td>-215</td><td></td><td></td><td>-195</td></tr><tr><td>Net interest income (GAAP)</td><td></td><td></td><td>$9,108</td><td></td><td></td><td>$8,391</td></tr></table>

Question: If Average Balances in terms of Interest-bearing deposits develops with the same growth rate in 2017 Ended December 31, what will it reach in 2018 Ended December 31? (in million)
Answer: 186388.51734