FangyuLei/tatqa huggingface dataset:
($ in millions)
($ in millions)
($ in millions)
($ in millions)
For the year ended December 31:
2018*
2017*
Yr.-to-Yr. Percent/ Margin Change
Cloud & Cognitive Software
External gross profit
$17,224
$16,986
1.4%
External gross profit margin
77.6%
78.1%
(0.5)pts.
Pre-tax income
$8,882
$8,068
10.1%
Pre-tax margin
35.0%
32.4%
2.6pts.
cloud & cognitive software revenue increased in 2018 compared to the prior year with growth in all three lines of business as reported and adjusted for currency .
within cognitive applications the increase was driven by strong double-digit growth in security services while growth in cloud & data platforms was led by analytics platforms and integration offerings .
transaction processing platforms grew with improved revenue performance sequentially in the fourth-quarter 2018 versus the third-quarter 2018 reflecting clients ’ commitment to the company ’ s platform for the long term and the value it provides in managing mission-critical workloads .
within cloud & cognitive software cloud revenue of $ 3 .
0 billion grew 10 percent as reported and adjusted for currency compared to the prior year .
* recast to reflect segment changes .
gross margin in cloud & cognitive software was impacted by an increased mix toward saas a mix toward security services and increased royalty costs associated with ip licensing agreements compared to the prior year .
pre-tax income improvement year to year was primarily driven by operational efficiencies and mix .

Question: What drove the Pre-tax income improvement?
Answer: primarily driven by operational efficiencies and mix.
Fiscal
Fiscal
Fiscal
2019
2018
2017
(in millions)
(in millions)
(in millions)
Restructuring charges, net
$ 255
$ 140
$ 146
Gain on divestiture
—
(2)
—
Other charges (credits), net
—
(12)
1
Restructuring and other charges, net
$ 255
$ 126
$ 147
3 .
restructuring and other charges net .
net restructuring and other charges consisted of the following : .

Question: What was the percentage change in Restructuring charges, net in 2019 from 2018?
Answer: 82.14
USDm
2019
2018
2017
Audit fees
Fees payable to the Company's auditor for the audit of the Company's annual accounts
0.4
0.4
0.4
Audit of the Company's subsidiaries pursuant to legislation
0.2
0.2
0.2
Total audit fees
0.6
0.6
0.6
Non-audit fees
Audit-related services
0.1
0.2
0.4
Tax services
0.0
-
-
Total non-audit fees
0.1
0.2
0.4
Total
0.7
0.8
1.0
note 4 – remuneration to auditors appointed at the parent company ’ s annual general meeting .
under sec regulations the remuneration of the auditor of usd 0 .
7m -2018 : usd 0 .
8m 2017 : usd 1 .
0m is required to be presented as follows : audit usd 0 .
6m -2018 : usd 0 .
6m 2017 : usd 0 .
6m and other audit-related services usd 0 .
1m -2018 : usd 0 .
2m 2017 : usd 0 .
4m .
our audit committee pre-approves all audit audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees prior to the engagement of the independent auditor with respect to such services .

Question: In which year was the total remuneration to the auditor the largest?
Answer: 2017
($ in millions)
($ in millions)
($ in millions)
At December 31:
2019
2018
Capitalized costs to obtain a contract
$  609
$  717
Deferred costs to fulfill a contract
Deferred setup costs
1,939
2,085
Other deferred fulfillment costs
1,820
2,173
Total deferred costs (1)
$4,368
$4,975
-1 of the total deferred costs $ 1896 million was current and $ 2472 million was noncurrent at december 31 2019 and $ 2300 million was current and $ 2676 million was noncurrent at december 31 2018 .
the amount of total deferred costs amortized during the year ended december 31 2019 was $ 3836 million and there were no material impairment losses incurred .
refer to note a “ significant accounting policies ” for additional information on deferred costs to fulfill a contract and capitalized costs of obtaining a contract .

Question: What is the current and noncurrent total deferred costs for 2019?
Answer: $1,896 million was current and $2,472 million was noncurrent at December 31, 2019
December 31
December 31
2019
2018
(in thousands)
(in thousands)
Government
$1,012
$—
Asset Backed
4,854
1,786
Industrial
5,034
2,381
Financial
6,879
7,136
$17,779
$11,303
note 3 - short term investments .
the company ' s short term investments are classified as below with maturities of twelve months or less unrealized gains and losses were immaterial for the periods presented : .

Question: What are the respective values of the company's asset-backed short term investments in 2018 and 2019 respectively?
Answer: 1,786 4,854
Balance at Beginning of Year
Additions Charged to Costs and Expenses
Deductions (1)
Balance at End of Year
Allowance for doubtful accounts:
Fiscal 2019
$2.2
$—
$(0.2)
$2.0
Fiscal 2018
$2.1
$0.2
$(0.1)
$2.2
Fiscal 2017
$2.5
$0.2
$(0.6)
$2.1
a summary of additions and deductions related to the allowance for doubtful accounts for the years ended march 31 2019 2018 and 2017 follows -amounts in millions : .
-1 deductions represent uncollectible accounts written off net of recoveries .

Question: How many years did the balance at end of the year exceed $2 million?
Answer: 3
December 31, 2019
December 31, 2018
December 31, 2017
Cost of sales
22
23
12
Selling, general and administrative
46
67
31
Research and development
77
35
18
Total pre-payroll tax and social contribution compensation
145
125
61
the following table illustrates the classification of pre-payroll tax and social contribution stock-based compensation expense included in the consolidated statements of income for the years ended december 31 2019 december 31 2018 and december 31 2017 : .
the fair value of the shares vested in 2019 was $ 114 million compared to $ 68 million for 2018 and $ 38 million for 2017 .
compensation cost excluding payroll tax and social contribution capitalized as part of inventory was $ 6 million as of december 31 2019 compared to $ 6 million as of december 31 2018 and $ 3 million as of december 31 2017 .
as of december 31 2019 there was $ 138 million of total unrecognized compensation cost related to the grant of unvested shares which is expected to be recognized over a weighted average period of approximately 9 months .
the total deferred income tax benefit recognized in the consolidated statements of income related to unvested share-based compensation expense amounted to $ 9 million $ 7 million and $ 3 million for the years ended december 31 2019 2018 and 2017 respectively .

Question: What was the increase ./ (decrease) in the cost of sales from 2018 to 2019?
Answer: -1
Year Ended December 31, 2019
% of associated net revenues
Year Ended December 31, 2018
% of associated net revenues
Increase (Decrease)
Cost of revenues—product sales:
Product costs
$656
33%
$719
32%
$(63)
Software royalties, amortization, intellectual property licenses
240
12
371
16
(131)
Cost of revenues—subscription, licensing, and other revenues:
Game operations and distribution costs
965
21
1,028
20
(63)
Software royalties, amortization, intellectual property licenses
233
5
399
8
(166)
Total cost of revenues
$2,094
32%
$2,517
34%
$(423)
costs and expenses .
cost of revenues .
the following tables detail the components of cost of revenues in dollars -amounts in millions and as a percentage of associated net revenues : .
cost of revenues — product sales : .
the decrease in product costs for 2019 as compared to 2018 was due to the decrease in product sales primarily associated with the destiny franchise -reflecting our sale of the publishing rights for destiny to bungie in december 2018 .
the decrease in software royalties amortization and intellectual property licenses related to product sales for 2019 as compared to 2018 was primarily due to a decrease of $ 133 million in software amortization and royalties from activision primarily due to the destiny franchise .
the decrease was partially offset by : .
higher software amortization and royalties for call of duty : black ops 4 which was released in october 2018 as compared to call of duty : wwii which was released in november 2017 ; software amortization and royalties from sekiro : shadows die twice which was released in march 2019 ; and higher software amortization and royalties for call of duty : modern warfare which was released in october 2019 as compared to call of duty : black ops 4 .
cost of revenues — subscription licensing and other revenues : .
the decrease in game operations and distribution costs for 2019 as compared to 2018 was primarily due to a decrease of $ 50 million in service provider fees such as digital storefront fees -e .
g .
fees retained by apple and google for our sales on their platforms payment processor fees and server bandwidth fees .
the decrease in software royalties amortization and intellectual property licenses related to subscription licensing and other revenues for 2019 as compared to 2018 was primarily due to : .
a decrease of $ 122 million in amortization of internally-developed franchise intangible assets acquired as part of our acquisition of king ; a decrease of $ 36 million in software amortization and royalties from activision driven by the destiny franchise partially offset by software royalties on call of duty : mobile which was released in october 2019 ; and lower amortization of capitalized film costs due to the release of the third season of the animated tv series skylanders ™ academy in september 2018 with no comparable release in 2019 .

Question: What percentage of total cost of revenues in 2019 consists of product costs?
Answer: 31.33
Fiscal years ended July 31,
Fiscal years ended July 31,
Fiscal years ended July 31,
2019
2018
2017
Domestic
$(1,778)
$(13,501)
$21,723
International
14,230
5,225
6,803
Income (loss) before provision for (benefit from) income taxes
$12,452
$(8,276)
$28,526
9 .
income taxes .
on december 22 2017 the tax act was enacted into law which made changes to u .
s .
tax law including but not limited to : -1 reducing the u .
s .
federal corporate income tax rate from 35 % to 21 % ; -2 requiring companies to pay a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries ; -3 generally eliminating u .
s .
federal corporate income taxes on dividends from foreign subsidiaries ; -4 capitalizing r & d expenses which are amortized over five to 15 years ; and -5 other changes to how foreign and domestic earnings are taxed .
the tax act includes a provision to tax global intangible low-taxed income - “ gilti ” of foreign subsidiaries and a base erosion anti-abuse tax - “ beat ” measure that taxes certain payments between a u .
s .
corporation and its foreign subsidiaries .
these provisions of the tax act were effective for the company beginning august 1 2018 and had no impact on the tax benefit for the year ended july 31 2019 .
under u .
s .
gaap the company can make an accounting policy election to either treat taxes due on the gilti inclusion as a current period expense or factor such amounts into its measurement of deferred taxes .
the company has elected the current period expense method .
the company has finalized its assessment of the transitional impacts of the tax act .
in december 2018 the irs issued proposed regulations related to the beat tax which the company is in the process of evaluating .
if the proposed beat regulations are finalized in their current form the impact may be material to the tax provision in the quarter of enactment .
the u .
s .
treasury department the internal revenue service - “ irs ” and other standard-setting bodies will continue to interpret or issue guidance on how provisions of the tax act will be applied or otherwise administered .
the company continues to obtain analyze and interpret guidance as it is issued and will revise its estimates as additional information becomes available .
any legislative changes including any other new or proposed u .
s .
department of the treasury regulations that have yet to be issued may result in income tax adjustments which could be material to our provision for income taxes and effective tax rate in the period any such changes are enacted .
the company ’ s income -loss before provision for -benefit from income taxes for the years ended july 31 2019 2018 and 2017 is as follows -in thousands : .

Question: What was the international income (loss) before provision for (benefit from) income taxes in 2019, 2018 and 2017 respectively?
Answer: 14,230 5,225 6,803
Fiscal
Fiscal
2019
2018
(in millions)
(in millions)
Restructuring and other charges, net
$  48
$  13
Other items
1
—
Total
$  49
$  13
in the communications solutions segment operating income decreased $ 79 million in fiscal 2019 as compared to fiscal 2018 .
the communications solutions segment ’ s operating income included the following : .
excluding these items operating income decreased in fiscal 2019 due primarily to lower volume .

Question: What was the change in operating income in the Communications Solutions segment in 2019?
Answer: decreased $79 million
Short-Term Incentive Plan
Strategy
Integrate and Transform
Operate
Metrics
2018 & 2019 Weighting
2020 Weighting
Adjusted EBITDA
65%
50%
Free Cash Flow
25%
25%
Revenue
—
15%
Customer Experience
10%
10%
Long-Term Incentive Plan
Strategy
Integrate and Transform
Operate
Metrics
2018 & 2019 Weighting
2020 Weighting
Adjusted EBITDA Run Rate (2 year)
100%
—
Cumulative Adjusted EBITDA (3 year)
—
100%
Relative TSR Modifier (3 year)
—
+/-20%
2020 incentive plan enhancements .
for 2020 we have transitioned into the operation phase of our long-term strategy .
as discussed further in this cd & a following an internal review process extensive discussions with our shareholders and consultation with our executive compensation consultants we revised the design for our 2020 incentive programs to support our strategic priorities as described below : .
• added revenue as metric to our sti plan to encourage and reward top-line performance • changed the metric and performance period for our lti plan to three-year cumulative adjusted ebitda target • added three-year relative tsr modifier as a positive or negative adjustment + / - 20 % for our lti plan .

Question: Why was Revenue added as a metric to the STI plan?
Answer: to encourage and reward top-line performance
£m
2019
2018
Loss before tax, joint ventures and associates
(1,856.8)
(1,139.6)
Loss before tax multiplied by the standard rate of tax in the UK of 19% (2018: 19%)
(352.8)
(216.6)
Exempt property rental profits and revaluations
307.0
214.9
(45.8)
(1.7)
Tax on shortfall of minimum PID
22.1
–
Additions and disposals of property and investments
7.1
0.3
Non-deductible and other items
3.4
3.4
Overseas taxation
(3.4)
(0.4)
Unprovided deferred tax1
22.4
(7.3)
Total tax expense/(credit)
5.8
(5.7)
10 taxation -continued .
the tax expense for 2019 is higher and the tax credit for 2018 is lower than the standard rate of corporation tax in the uk .
the differences are explained below : .
1 the unprovided deferred tax predominantly relates to revenue losses property fair values and derivative fair values .
factors that may affect future current and total tax charges .
management uses judgement in assessing compliance with reit legislation .
the group believes it continued to operate as a uk reit throughout the year under which any profits and gains from the uk property investment business are exempt from corporation tax provided certain conditions continue to be met .
the group believes that these uk reit conditions have been fulfilled throughout the year .
in view of the announced short-term reduction of dividends there will be an underpayment of the minimum pid and therefore under reit legislation the group will incur uk corporation tax payable at 19 per cent while remaining a reit .
the ongoing current tax expense in the year of £ 16 .
0 million includes £ 15 .
7 million relating to corporation tax on the estimated current period underpayment of the minimum pid .
this amount has been included within the group ’ s measure of underlying earnings as it relates to a tax expense on current year uk rental income .
the uk exceptional current tax expense in the year of £ 6 .
4 million represents in full the corporation tax arising in the current year in respect of the prior year underpayment of the minimum pid .
this one-off tax expense in respect of prior year profits has been classified as exceptional -see accounting policy in note 2 based on its incidence and so is excluded from the group ’ s measure of underlying earnings .

Question: What is the UK corporation tax payable incurred by the Group?
Answer: 19 per cent
As of December 31,
As of December 31,
2019
2018
Total credit facility
$300,000
$300,000
Balance Outstanding
$99,700
$50,000
Standby letters of credit
$1,800
$1,940
Amount available
$198,500
$248,060
Weighted-average interest rate
3.25%
3.10%
Commitment fee percentage per annum
0.23%
0.20%
results of operations : years ended december 31 2018 versus year ended december 31 2017 -amounts in thousands except percentages and per share amounts : .
capital resources .
long-term debt was comprised of the following : .
on february 12 2019 we entered into an amended and restated five-year credit agreement with a group of banks -the " credit agreement " to extend the term of the facility .
the credit agreement provides for a revolving credit facility of $ 300000 which may be increased by $ 150000 at the request of the company subject to the administrative agent ' s approval .
this new unsecured credit facility replaces the prior $ 300000 unsecured credit facility which would have expired august 10 2020 .
borrowings of $ 50000 under the prior credit agreement were refinanced into the credit agreement .
the prior agreement was terminated as of february 12 2019 .
the revolving credit facility includes a swing line sublimit of $ 15000 and a letter of credit sublimit of $ 10000 .
borrowings under the revolving credit facility bear interest at the base rate defined in the credit agreement .
we also pay a quarterly commitment fee on the unused portion of the revolving credit facility .
the commitment fee ranges from 0 .
20 % to 0 .
30 % based on the our total leverage ratio .
we have entered into interest rate swap agreements to fix interest rates on $ 50000 of long-term debt through february 2024 .
the difference to be paid or received under the terms of the swap agreements is recognized as an adjustment to interest expense when settled .
we have historically funded our capital and operating needs primarily through cash flows from operating activities supported by available credit under our revolving credit facility .
we believe that cash flows from operating activities and available borrowings under our revolving credit facility will be adequate to fund our working capital needs capital expenditures and debt service requirements for at least the next twelve months .
however we may choose to pursue additional equity and debt financing to provide additional liquidity or to fund acquisitions .

Question: What was the Total credit facility in 2019?
Answer: 300,000
Year Ended December 31,
2019
2018
As Reported
Pro Forma
As Reported
Pro Forma
Total sales
$788,948
$1,202,790
$718,892
$1,350,037
Net income attributable to Advanced Energy Industries, Inc.
$64,941
$83,104
$147,025
$158,422
Earnings per share:
Basic earnings per share
$1.70
$2.17
$3.76
$4.05
Diluted earnings per share
$ 1.69
$ 2.16
$ 3.74
$ 4.03
advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts .
the following table presents our unaudited pro forma results for the acquisitions of artesyn and lumasense : .
the unaudited pro forma results for all periods presented include adjustments made to account for certain costs and transactions that would have been incurred had the acquisitions been completed at the beginning of the year prior to the year of acquisition .
these include adjustments to amortization charges for acquired intangible assets interest and financing expenses transaction costs amortization of purchased gross profit and the alignment of various accounting policies .
these adjustments are net of any applicable tax impact and were included to arrive at the pro forma results above .
artesyn ’ s operating results have been included in the advanced energy ’ s operating results for the periods subsequent to the completion of the acquisition on september 10 2019 .
during the year ended december 31 2019 artesyn contributed total sales of $ 220 .
3 million and net income of $ 7 .
1 million including interest and other expense associated with the financing of the transaction .

Question: What did the unaudited pro forma results for all periods presented include?
Answer: adjustments made to account for certain costs and transactions that would have been incurred had the acquisitions been completed at the beginning of the year prior to the year of acquisition.
($ in millions)
($ in millions)
($ in millions)
($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent Change
Selling, general and administrative expense
Selling, general and administrative—other
$17,099
$16,438
4.0%
Advertising and promotional expense
1,647
1,466
12.3
Workforce rebalancing charges
555
598
(7.2)
Amortization of acquired intangible assets
762
435
74.9
Stock-based compensation
453
361
25.2
Bad debt expense
89
67
32.5
Total consolidated selling, general and administrative expense
$20,604
$19,366
6.4%
Non-operating adjustments
Amortization of acquired intangible assets
(762)
(435)
74.9
Acquisition-related charges
(282)
(15)
NM
Operating (non-GAAP) selling, general and administrative expense
$19,560
$18,915
3.4%
selling general and administrative expense .
nm — not meaningful .
total selling general and administrative -sg & a expense increased 6 .
4 percent in 2019 versus 2018 driven primarily by the following factors : • higher spending -5 points driven by red hat spending -5 points ; and • higher acquisition-related charges and amortization of acquired intangible assets associated with the red hat acquisition -3 points ; partially offset by • the effects of currency -2 points .
operating -non-gaap expense increased 3 .
4 percent year to year primarily driven by the same factors excluding the acquisition-related charges and amortization of acquired intangible assets associated with the red hat transaction .

Question: What caused the Total selling, general and administrative (SG&A) expense to increase?
Answer: Higher spending (5 points) driven by Red Hat spending (5 points); and • Higher acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat acquisition (3 points); partially offset by • The effects of currency (2 points).
Weighted Average Company Performance Funding
Company Performance Metric
Target ($) (millions)
Threshold ($)(millions)
Actual ($) (millions)
Threshold Funding (%)
Funding (%)
Non-GAAP Operating Income
1,630
1,428
1,427(1)
40
0.0
Non-GAAP Revenue
4,943
4,760
4,804(2)
40
71.2
FY19 Funding
.
.
.
.
35.6
fy19 eaip payout results : .
-1 calculated in fy19 plan exchange rates and excludes stock-based compensation expense charges related to the amortization of intangible assets restructuring separation transition and other related expenses contract liabilities fair value adjustment acquisition-related costs and certain litigation settlement gains .
-2 calculated in fy19 plan exchange rates and excludes contract liabilities fair value adjustment .

Question: For Non-GAAP Revenue, how much is the target more than the actual in terms of percentages? 
Answer: 2.89