FangyuLei/tatqa huggingface dataset:
2019
2018
2018-2019 Dollar/Point Change
(dollars in millions)
(dollars in millions)
(dollars in millions)
Product gross profit
$1,105.6
$1,002.5
$103.1
Percent of product revenues
58.6%
58.0%
0.6
Service gross profit
$234.2
$217.9
$16.3
Percent of service revenues
57.5%
58.7%
(1.2)
the breakout of product and service gross profit was as follows : .
we assess the carrying value of our inventory on a quarterly basis by estimating future demand and comparing that demand against on-hand and on-order inventory positions .
forecasted revenues information is obtained from the sales and marketing groups and incorporates factors such as backlog and future consolidated revenues .
this quarterly process identifies obsolete and excess inventory .
obsolete inventory which represents items for which there is no demand is fully reserved .
excess inventory which represents inventory items that are not expected to be consumed during the next twelve quarters for our semiconductor test industrial automation and system test segments and next four quarters for our wireless test segment is written-down to estimated net realizable value .
during the year ended december 31 2019 we recorded an inventory provision of $ 15 .
2 million included in cost of revenues primarily due to downward revisions to previously forecasted demand levels for certain products .
of the $ 15 .
2 million of total excess and obsolete provisions $ 8 .
7 million was related to semiconductor test $ 4 .
0 million was related to wireless test $ 2 .
0 million was related to system test and $ 0 .
5 million was related to industrial automation .
during the year ended december 31 2018 we recorded an inventory provision of $ 11 .
2 million included in cost of revenues primarily due to downward revisions to previously forecasted demand levels for certain products .
of the $ 11 .
2 million of total excess and obsolete provisions $ 6 .
8 million was related to semiconductor test $ 2 .
5 million was related to wireless test $ 1 .
2 million was related to system test and $ 0 .
7 million was related to industrial automation .
during the years ended december 31 2019 and 2018 we scrapped $ 9 .
2 million and $ 7 .
0 million of inventory respectively and sold $ 3 .
2 million and $ 6 .
7 million of previously written-down or written-off inventory respectively .
as of december 31 2019 we had inventory related reserves for amounts which had been written-down or written-off totaling $ 103 .
6 million .
we have no pre-determined timeline to scrap the remaining inventory .

Question: In which years was the  breakout of product and service gross profit provided?
Answer: 2019 2018
($ in millions)
($ in millions)
($ in millions)
($ in millions)
($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent Change **
Yr.-to-Yr. Percent Change Adjusted for Currency **
Cloud & Cognitive Software external revenue
$23,200
$22,209
4.5%
6.2%
Cognitive Applications
$ 5,765
$ 5,633
2.3%
3.9%
Cloud & Data Platforms
9,499
8,603
10.4
12.3
Transaction Processing Platforms
7,936
7,974
(0.5)
1.4
cloud & cognitive software .
* recast to reflect segment changes .
* * 2019 results were impacted by red hat purchase accounting .
cloud & cognitive software revenue of $ 23200 million increased 4 .
5 percent as reported -6 percent adjusted for currency in 2019 compared to the prior year .
there was strong growth in cloud & data platforms as reported and at constant currency driven primarily by the acquisition of red hat in the third quarter of 2019 .
red hat had continued strong performance since the acquisition in red hat enterprise linux -rhel application development and emerging technologies led by openshift and ansible .
red hat and ibm are driving synergies with strong adoption of cloud paks since their introduction expansion of our combined client base and more than 2000 clients using our hybrid cloud platform .
cognitive applications also grew as reported and at constant currency .
transaction processing platforms declined year to year as reported but grew 1 percent adjusted for currency driven by strong fourth-quarter performance .
cognitive applications revenue of $ 5765 million grew 2 .
3 percent as reported -4 percent adjusted for currency compared to the prior year driven by double-digit growth as reported and adjusted for currency in security and growth in industry verticals such as iot .
the security performance included continued strong results in threat management software and services offerings .
within iot we had good revenue performance across the portfolio as we continued to invest in new offerings and industry-specific solutions .
cloud & data platforms revenue of $ 9499 million increased 10 .
4 percent as reported -12 percent adjusted for currency compared to the prior year .
performance was driven by the addition of rhel and openshift and the continued execution of the combined red hat and ibm hybrid strategy .
transaction processing platforms revenue of $ 7936 million decreased 0 .
5 percent as reported but grew 1 percent adjusted for currency in 2019 compared to the prior year .
revenue performance reflects the ongoing investment in ibm platforms and the timing of larger transactions that are tied to client business volumes and buying cycles .
within cloud & cognitive software cloud revenue of $ 4 .
2 billion grew 40 percent as reported and 42 percent adjusted for currency year to year reflecting the acquisition of red hat and client adoption of our hybrid cloud offerings .

Question: What caused the increase in Cognitive Applications revenue in 2019?
Answer: driven by double-digit growth as reported and adjusted for currency in Security, and growth in industry verticals such as IoT.
USDm
2019
2018
2017
Reconciliation to revenue
Revenue
692.6
635.4
657.0
Port expenses, bunkers and commissions
-267.7
-283.0
-259.9
TCE earnings
424.9
352.4
397.1
alternative performance measures .
time charter equivalent -tce earnings : .
torm defines tce earnings a performance measure as revenue after port expenses bunkers and commissions incl .
freight and bunker derivatives .
the company reports tce earnings because we believe it provides additional meaningful information to investors in relation to revenue the most directly comparable ifrs measure .
tce earnings is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company ’ s performance irrespective of changes in the mix of charter types -i .
e .
spot charters time charters and bareboat charters under which the vessels may be employed between the periods .
below is presented a reconciliation from revenue to tce earnings : .

Question: What was the percentage change in TCE earnings in 2019 from 2018?
Answer: 20.57
€ million
€ million
2019
2018
(Restated)(a)
Taxation
2,263
2,572
Tax impact of:
Non-underlying items within operating profit(b)
309
(259)
Non-underlying items not in operating profit  Taxation before tax impact of non-underlying
(196)
(29)
Taxation before tax impact of non-underlying
2,376
2,284
Profit before taxation
8,289
12,360
Non-underlying items within operating profit before tax(b)
1,239
(3,176)
Non-underlying items not in operating profit but within net profit before tax(c)
(32)
(122)
Share of net (profit)/loss of joint ventures and associates
(176)
(185)
Profit before tax excluding non-underlying items before tax and share of net profit/ (loss) of joint ventures and associates
9,320
8,877
Underlying effective tax rate
25.5%
25.7%
underlying effective tax rate .
the underlying effective tax rate is calculated by dividing taxation excluding the tax impact of non-underlying items by profit before tax excluding the impact of non-underlying items and share of net profit / -loss of joint ventures and associates .
this measure reflects the underlying tax rate in relation to profit before tax excluding non-underlying items before tax and share of net profit / -loss of joint ventures and associates .
tax impact on non-underlying items within operating profit is the sum of the tax on each non-underlying item based on the applicable country tax rates and tax treatment .
this is shown in the table : .
-a restated following adoption of ifrs 16 .
see note 1 and note 24 for further details .
-b refer to note 3 for further details on these items .
-c excludes € 3 million -2018 : € 32 million gain on disposal of spreads business by the joint venture in portugal which is included in the share of net profit / -loss of joint ventures and associates line .
including the gain total non-underlying items not in operating profit but within net profit before tax is € 35 million -2018 : € 154 million .
see note 3 .

Question: What is the increase / (decrease) in Profit before taxation from 2018 to 2019?
Answer: -4071
Positive (Negative) Impact to Net Income
December 31,
December 31,
2018
2017
(Dollars in millions)
(Dollars in millions)
Increase in revenue
$74
49
Decrease in cost of sales
22
15
Increase in loss on sale of business included in selling, general and administrative expense
—
(102)
Increase in depreciation expense (one-time)
—
(44)
Increase in depreciation expense (ongoing)
(69)
(47)
Increase in interest expense
(55)
(39)
Decrease in income tax expense
7
65
Decrease in net income
$(21)
(103)
the failed-sale-leaseback accounting treatment had the following effects on our consolidated results of operations for the years ended december 31 2018 and 2017 : .
after factoring in the costs to sell the data centers and colocation business excluding the impact from the failed-sale-leaseback accounting treatment the sale resulted in a $ 20 million gain as a result of the aggregate value of the proceeds we received exceeding the carrying value of the assets sold and liabilities assumed .
based on the fair market values of the failed-sale-leaseback assets the failed-sale-leaseback accounting treatment resulted in a loss of $ 102 million as a result of the requirement to treat a certain amount of the pre-tax cash proceeds from the sale of the assets as though it were the result of a financing obligation .
the combined net loss of $ 82 million was included in selling general and administrative expenses in our consolidated statement of operations for the year ended december 31 2017 .
effective november 3 2016 which is the date we entered into the agreement to sell a portion of our data centers and colocation business we ceased recording depreciation of the property plant and equipment to be sold and amortization of the business ’ s intangible assets in accordance with applicable accounting rules .
otherwise we estimate that we would have recorded additional depreciation and amortization expense of $ 67 million from january 1 2017 through may 1 2017 .
upon adopting asu 2016-02 accounting for the failed sale leaseback is no longer applicable based on our facts and circumstances and the real estate assets and corresponding financing obligation were derecognized from our consolidated financial statements .
please see “ leases ” -asu 2016-02 in note 1 — background and summary of significant accounting policies for additional information on the impact the new lease standard will have on the accounting for the failed-sale-leaseback .

Question: What is the 2018 increase in revenue?
Answer: $74
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
Transaction-related expenses
$—
2
174
Integration and transformation-related expenses
234
391
97
Total acquisition-related expenses
$234
393
271
acquisition-related expenses .
we have incurred acquisition-related expenses related to our acquisition of level 3 .
the table below summarizes our acquisition-related expenses which consist of integration and transformation-related expenses including severance and retention compensation expenses and transaction-related expenses : .
at december 31 2019 we had incurred cumulative acquisition-related expenses of $ 950 million for level 3 .
the total amounts of these expenses are included in our selling general and administrative expenses .
level 3 incurred transaction-related expenses of $ 47 million on the date of acquisition .
this amount is not included in our results of operations .

Question: What was the amount of cumulative acquisition-related expenses incurred for Level 3 in 2019?
Answer: $950 million
As of
(In thousands)
December 29, 2019
December 30, 2018
Equity investments with readily determinable fair value:
Enphase Energy, Inc
$173,908
$36,225
Total equity investments with readily determinable fair value
173,908
36,225
Equity investments without readily determinable fair value:
Project entities
2,677
2,951
Other equity investments without readily determinable fair value
5,859
5,859
Total equity investments without readily determinable fair value
8,536
8,810
Equity investments with fair value option:
SunStrong Capital Holdings, LLC
8,000
8,831
SunStrong Partners, LLC
9,500
—
8point3 Solar Investco 3 Holdings, LLC
—
—
Total equity investment with fair value option
17,500
8,831
Equity method investments
Huansheng Corporation
26,533
32,784
Project entities
125
2,044
Total equity method investments
26,658
34,828
Total equity investments
$226,602
$88,694
note 10 .
equity investments .
our equity investments consist of equity investments with readily determinable fair value investments without readily determinable fair value equity investments accounted for using the fair value option and equity method investments .
our share of earnings -losses from equity investments accounted for under the equity method is reflected as ‘ ‘ equity in earnings -losses of unconsolidated investees ’ ’ in our consolidated statements of operations .
mark-to-market gains and losses on equity investments with readily determinable fair value are reflected as ‘ ‘ other net ’ ’ under other income -expense net in our consolidated statements of operations .
the carrying value of our equity investments classified as ‘ ‘ other long-term assets ’ ’ on our consolidated balance sheets are as follows : .

Question: What was the change in total equity method investments from 2018 to 2019?
Answer: -8170
€ million
2017/2018
2018/2019
Actual taxes
173
215
thereof Germany
(14)
(9)
thereof international
(159)
(206)
thereof tax expenses/income of current period
(194)
(221)
thereof tax expenses/income of previous periods
(−21)
(−6)
Deferred taxes
43
83
thereof Germany
(39)
(104)
thereof international
(4)
(−21)
216
298
12 .
income taxes .
income taxes include the taxes on income paid or owed in the individual countries as well as deferred taxes .
1 adjustment of previous year according to explanation in notes .
the income tax rate of the german companies of metro consists of a corporate income tax of 15 .
00 % plus a 5 .
50 % solidarity surcharge on corporate income tax as well as the trade tax of 14 .
70 % given an average assessment rate of 420 .
00 % .
all in all this results in an aggregate tax rate of 30 .
53 % .
the tax rates are unchanged from the previous year .
the income tax rates applied to foreign companies are based on the respective laws and regulations of the individual countries and vary within a range of 0 .
00 % -2017 / 18 : 0 .
00 % and 34 .
94 % -2017 / 18 : 44 .
41 % .
at € 298 million -2017 / 18 : € 216 million recognised income tax expenses are € 81 million higher than in the previous year .
in addition to an increase in pre-tax earnings the change is due to higher expenses for impairments on deferred taxes among other things .

Question: What are the recognised income tax expenses in 2019?
Answer: €298 million
December 31, 2019
December 31, 2018
Equity securities
23
19
Long-term state receivables
358
391
Deposits and other non-current assets
56
42
Total
437
452
long-term state receivables include receivables related to funding and receivables related to tax refund .
funding are mainly public grants to be received from governmental agencies in italy and france as part of longterm research and development industrialization and capital investment projects .
long-term receivables related to tax refund correspond to tax benefits claimed by the company in certain of its local tax jurisdictions for which collection is expected beyond one year .
in 2019 and 2018 the company entered into a factoring transaction to accelerate the realization in cash of some non-current assets .
as at december 31 2019 $ 131 million of the non-current assets were sold without recourse compared to $ 122 million as at december 31 2018 with a financial cost of less than $ 1 million for both periods .
other non-current assets consisted of the following : .

Question: What is the average Equity securities?
Answer: 21
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
U.S.
$176.4
$138.9
$180.6
Foreign
(50.0)
(65.9)
(73.8)
Incomefromcontinuingoperationsbeforeincometaxes
$126.4
$73.0
$106.8
benefit for income taxes .
our benefit for income taxes includes u .
s .
federal state and foreign income taxes .
the domestic and foreign components of our income from continuing operations before income taxes were as follows : .

Question: What is the change in the average U.S. income from continuing operations before income taxes between 2017-2018 and 2018-2019? 
Answer: -2.1
(in millions of €)
2019
2018
Net income
5,648
6,120
Less: Other interest expenses / income, net 1
(529)
(482)
Plus: SFS Other interest expenses / income
763
721
Plus: Net interest expenses related to provisions for pensions and similar
obligations
148
164
Less: Interest adjustments
(discontinued operations)
–
–
Less: Taxes on interest adjustments
(tax rate (flat) 30%)
(115)
(121)
(I) Income before interest after tax
5,916
6,401
(II) Average capital employed
53,459
50,715
(I) / (II) ROCE
11.1 %
12.6 %
a .
2 .
6 calculation of return on capital employed .
for purposes of calculating roce in interim periods income before interest after tax is annualized .
average capital employed is determined using the average of the respective balances as of the quarterly reporting dates for the periods under review .
[ 1 ] item other interest expenses / income net primarily consists of interest relating to corporate debt and related hedging activities as well as interest income on corporate assets .

Question: What is the average net income for the 2 years?
Answer: 5884
Combined Pension Plan
Post-Retirement Benefit Plans
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2019
2018
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
Benefit obligation
$(12,217)
(11,594)
(3,037)
(2,977)
Fair value of plan assets
10,493
10,033
13
18
Unfunded status
(1,724)
(1,561)
(3,024)
(2,959)
Current portion of unfunded status
—
—
(224)
(252)
Non-current portion of unfunded status
$(1,724)
(1,561)
(2,800)
(2,707)
unfunded status .
the following table presents the unfunded status of the combined pension plan and post-retirement benefit plans : .
the current portion of our post-retirement benefit obligations is recorded on our consolidated balance sheets in accrued expenses and other current liabilities-salaries and benefits .

Question: Where is the current portion of the post-retirement benefit obligations recorded?
Answer: recorded on our consolidated balance sheets in accrued expenses and other current liabilities-salaries and benefits
Fiscal Year Ended
Fiscal Year Ended
Fiscal Year Ended
December 28, 2019
December 29, 2018
December 30, 2017
(Dollars in thousands)
(Dollars in thousands)
(Dollars in thousands)
Provision (benefit) for income taxes
$11,717
$(70,109)
$1,293
Effective tax rate
22.9 %
(206.6) %
3.1 %
provision -benefit for income taxes .
provision for income taxes reflects the tax provision on our operations in foreign and u .
s .
jurisdictions offset by tax benefits from a partial release of valuation allowance against u .
s .
federal and state deferred tax assets - " dtas " and from lapsing of statute of limitations related to uncertain tax positions in foreign jurisdictions .
as of december 28 2019 we maintain a valuation allowance of $ 36 .
6 million primarily against our california deferred tax assets and foreign tax credits due to uncertainty about the future realization of these assets .
the benefit for income taxes in fiscal 2018 includes a $ 75 .
8 million reduction to our valuation allowance on our u .
s .
deferred tax assets as sufficient positive evidence existed to support the realization of such dtas .
the effective tax rate in fiscal 2018 also benefited from a lower statutory tax rate in the u .
s .
partially offset by higher profits in foreign jurisdictions .
our effective tax rate may vary from period to period based on changes in estimated taxable income or loss by jurisdiction changes to the valuation allowance changes to u .
s .
federal state or foreign tax laws future expansion into areas with varying country state and local income tax rates deductibility of certain costs and expenses by jurisdiction .

Question: What was the reduction to valuation allowance in 2018?
Answer: $75.8 million
2019
2018
2017
Loss on sale of business
$—
$—
$(1.6)
Income from discontinued operations before income taxes and equity method investment earnings
0.9
0.4
3.9
Income before income taxes and equity method investment earnings .
0.9
0.4
2.3
Income tax expense (benefit) .
—
0.5
(0.3)
Income (loss) from discontinued operations, net of tax
$0.9
$(0.1)
$2.6
notes to consolidated financial statements - -continued fiscal years ended may 26 2019 may 27 2018 and may 28 2017 -columnar dollars in millions except per share amounts private brands operations .
on february 1 2016 pursuant to the stock purchase agreement dated as of november 1 2015 we completed the disposition of our private brands operations to treehouse foods inc .
- " treehouse " .
the summary comparative financial results of the private brands business included within discontinued operations were as follows : .
we entered into a transition services agreement with treehouse and recognized $ 2 .
2 million and $ 16 .
9 million of income for the performance of services during fiscal 2018 and 2017 respectively classified within sg & a expenses .

Question: When did the company complete the disposition of their Private Brands operations to TreeHouse Foods, Inc.? 
Answer: February 1, 2016