FangyuLei/tatqa huggingface dataset:
($ in millions)
($ in millions)
($ in millions)
At December 31:
2019
2018
Cash and cash equivalents
$ 1,697
$ 1,833
Net investment in sales-type and direct financing leases (1)
6,224
6,924
Equipment under operating leases— external clients (2)
238
444
Client loans
12,884
12,802
Total client financing assets
19,346
20,170
Commercial financing receivables
3,820
11,838
Intercompany financing receivables (3) (4)
3,870
4,873
Total assets
$29,568
$41,320
Debt
24,727
31,227
Total equity
$ 2,749
$ 3,470
global financing financial position key metrics .
-1 includes deferred initial direct costs which are eliminated in ibm ’ s consolidated results .
-2 includes intercompany mark-up priced on an arm ’ s-length basis on products purchased from the company ’ s product divisions which is eliminated in ibm ’ s consolidated results .
-3 entire amount eliminated for purposes of ibm ’ s consolidated results and therefore does not appear in the consolidated balance sheet .
-4 these assets along with all other financing assets in this table are leveraged at the value in the table using global financing debt .
at december 31 2019 substantially all financing assets were it-related assets and approximately 62 percent of the total external portfolio was with investment-grade clients with no direct exposure to consumers an increase of 7 points year to year .
this investment-grade percentage is based on the credit ratings of the companies in the portfolio .
we have a long-standing practice of taking mitigation actions in certain circumstances to transfer credit risk to third parties including credit insurance financial guarantees nonrecourse borrowings transfers of receivables recorded as true sales in accordance with accounting guidance or sales of equipment under operating lease .
adjusting for the mitigation actions the investment-grade content would increase to 67 percent a decrease of 3 points year to year .

Question: What will be the increase in the investment grade post adjusting for mitigation actions?
Answer: 67 percent
30 June 2019
30 June 2019
30 June 2018
30 June 2018
Number of Rights
Average Fair Value
Number of Rights
Average Fair Value
Opening balance
2,948,960
$1.87
3,460,195
$1.26
Granted during the year
828,285
$3.07
762,577
$3.32
Vested during the year
(1,307,885)
$1.19
(1,273,812)
$1.09
Forfeited during the year
-
$0.00
-
$0.00
Closing balance
2,469,360
$2.64
2,948,960
$1.87
21 share-based payments .
-a performance rights .
the performance rights plan was established by the board of directors to provide long-term incentives to the group ’ s senior executives based on total shareholder returns -tsr taking into account the group ’ s financial and operational performance .
under the plan eligible participants may be granted performance rights on terms and conditions determined by the board from time to time .
performance rights were granted during the course of fy17 fy18 and fy19 .
the vesting conditions for grants relate to tsr exceeding the asx 200 accumulation index over the measurement period .
vesting of the rights will be tested on or around the day following the release of each of the annual results for the years ended 30 june 2019 2020 and 2021 respectively .
performance rights are granted by the company for nil consideration .
the board has discretion to determine if the value will be provided in shares cash or a combination of shares and cash .
rights granted under the plan carry no dividend or voting rights .
the fair value of the rights at the date of valuation was determined using the black-scholes option pricing model to be equal to the volume weighted-average price -vwap ending on the day before the grant date less the dividends expected over the period from the expected grant date to the completion of the measurement period adjusted for the expected probability of achieving the vesting conditions .

Question: Which year had more rights vested?
Answer: 2019
December 31, 2018
Cost
Accumulated amortization
Net book value
$
$
$
Acquired technology
15,556
7,875
7,681
Software development costs
24,963
9,226
15,737
Acquired customer relationships
495
346
149
Purchased software
6,973
4,503
2,470
Other intangible assets
591
556
35
48,578
22,506
26,072
intangible assets .
internal software development costs of $ 2526 and $ 12666 were capitalized during the years ended december 31 2019 and 2018 respectively and are classified within software development costs as an intangible asset .
amortization expense related to the capitalized internally developed software was $ 7464 and $ 3832 for the years ended december 31 2019 and 2018 respectively and is included in cost of revenues sales and marketing and general and administrative expenses in the accompanying consolidated statements of operations and comprehensive loss .
expressed in us $ 000 ' s except share and per share amounts .

Question: How much is the 2019 software development costs excluding the internal software development costs of $12,666?
Answer: 12297
Market Sector 
2019
2018
Healthcare/Life Sciences 
$1,220.0
$1,039.9
Industrial/Commercial 
981.2
917.7
Aerospace/Defense 
588.6
445.1
Communications 
374.6
470.8
Total net sales
3,164.4
2,873.5
our net sales by market sector for the indicated fiscal years were as follows -in millions : .
healthcare / life sciences .
net sales for fiscal 2019 in the healthcare / life sciences sector increased $ 180 .
1 million or 17 .
3 % as compared to fiscal 2018 .
the increase was driven by overall net increased customer end-market demand a $ 32 .
7 million increase in production ramps of new products for existing customers and a $ 26 .
9 million increase in production ramps for new customers .
industrial / commercial .
net sales for fiscal 2019 in the industrial / commercial sector increased $ 63 .
5 million or 6 .
9 % as compared to fiscal 2018 .
the increase was driven by a $ 64 .
8 million increase in production ramps of new products for existing customers and a $ 33 .
2 million increase in production ramps for new customers .
the increase was partially offset by a $ 7 .
3 million decrease due to end-of-life products a $ 4 .
2 million decrease due to a disengagement with a customer and overall net decreased customer end-market demand .
aerospace / defense .
net sales for fiscal 2019 in the aerospace / defense sector increased $ 143 .
5 million or 32 .
2 % as compared to fiscal 2018 .
the increase was driven by a $ 120 .
2 million increase in production ramps of new products for existing customers a $ 9 .
9 million increase in production ramps for new customers and overall net increased customer end-market demand .
communications .
net sales for fiscal 2019 in the communications sector decreased $ 96 .
2 million or 20 .
4 % as compared to fiscal 2018 .
the decrease was driven by a $ 37 .
3 million reduction due to disengagements with customers a $ 15 .
3 million decrease due to end-of-life products and overall net decreased customer endmarket demand .
the decrease was partially offset by an $ 18 .
1 million increase in production ramps of new products for existing customers and a $ 4 .
5 million increase in production ramps for new customers .

Question: What was the net sales in the healthcare/life sciences sector in 2019?
Answer: 1,220.0
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Service cost
$9.4
$9.6
$10.0
Interest cost
5.0
4.7
4.3
Expected return on plan assets
(6.0)
(6.1)
(5.5)
Curtailment gain
—
(0.3)
—
Actuarial and other loss
15.6
6.1
1.9
Total net periodic pension cost
$24.0
$14.0
$10.7
Weighted average assumptions
Discount rate used for net periodic pension costs
1.74 %
1.66 %
1.60 %
Discount rate used for pension benefit obligations
1.43 %
1.74 %
1.66 %
Expected return on plan assets
3.23 %
3.18 %
3.22 %
Rate of compensation increase
3.07 %
3.22 %
3.22 %
defined benefit pension plans .
the company maintains defined benefit pension plans for employees of certain of its foreign subsidiaries .
such plans conform to local practice in terms of providing minimum benefits mandated by law collective agreements or customary practice .
the company recognizes the aggregate amount of all overfunded plans as assets and the aggregate amount of all underfunded plans as liabilities in its financial statements .
the company ' s expected long-term rate of return on plan assets is updated at least annually taking into consideration its asset allocation historical returns on similar types of assets and the current economic environment .
for estimation purposes the company assumes its long-term asset mix will generally be consistent with the current mix .
the company determines its discount rates using highly rated corporate bond yields and government bond yields .
benefits under all of the company ' s plans are valued utilizing the projected unit credit cost method .
the company ' s policy is to fund its defined benefit plans in accordance with local requirements and regulations .
the funding is primarily driven by the company ' s current assessment of the economic environment and projected benefit payments of its foreign subsidiaries .
the company ' s measurement date for determining its defined benefit obligations for all plans is december 31 of each year .
the company recognizes actuarial gains and losses in the period the company ' s annual pension plan actuarial valuations are prepared which generally occurs during the fourth quarter of each year or during any interim period where a revaluation is deemed necessary .
the following is a summary of the status of the company ' s foreign defined benefit pension plans and the net periodic pension cost -dollars in millions : .
the long term rate of return on plan assets was determined using the weighted-average method which incorporates factors that include the historical inflation rates interest rate yield curve and current market conditions .

Question: What is the service cost in 2018?
Answer: $9.6
December 31,
December 31,
December 31,
2019
2018
2017
Cash and cash equivalents
$195,760
$303,390
$224,614
Restricted cash
250,081
155,109
129,224
Cash and cash equivalents and restricted cash in Consolidated Statements of Cash Flows
$445,841
$458,499
$353,838
greensky inc .
notes to consolidated financial statements — -continued -united states dollars in thousands except per share data unless otherwise stated .
cash and cash equivalents .
cash includes non-interest and interest-bearing demand deposit accounts with various financial institutions .
cash equivalents include money market mutual fund accounts which are invested in government securities .
we consider all highly liquid investments that mature three months or less from the date of purchase to be cash equivalents .
the carrying amounts of our cash equivalents approximate their fair values due to their short maturities and highly liquid nature .
refer to note 3 for additional information .
at times our cash balances may exceed federally insured amounts and potentially subject the company to a concentration of credit risk .
the company believes that no significant concentration of credit risk exists with respect to these balances based on its assessment of the creditworthiness and financial viability of these financial institutions .
further our cash equivalents may expose us to credit risk ; however we believe this risk is limited as the investments are backed by the full faith and credit of the united states government .
restricted cash .
restricted cash primarily consists of interest-bearing escrow accounts that are required under the terms of the contracts with our bank partners .
restricted cash is typically comprised of three components : -i amounts we have escrowed with bank partners as limited protection to the bank partners in the event of excess bank partner portfolio credit losses ; -ii additional amounts we maintain for certain bank partners based on a contractual percentage of the total interest billed on outstanding deferred interest loans that are within the promotional period less previous finance charge reversal - " fcr " settlements on such outstanding loans ; and -iii certain custodial intransit loan funding and consumer borrower payments that we are restricted from using for our operations .
these custodial balances are not considered in our evaluation of restricted cash usage .
as it relates to our restricted cash escrowed with bank partners we record a liability for the amount of restricted cash we expect to be payable to our bank partners which is accounted for as a financial guarantee .
refer to note 14 for additional information .
the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the total included within the consolidated statements of cash flows as of the dates indicated .

Question: Which years does the table provide?
Answer: 2019 2018 2017
RESTRUCTURING, ONEROUS
CONTRACTS, STORE EXIT COSTS,
SELF‑INSURED RISKS
AND OTHER
2019
2018
2019
2018
$M
$M
$M
$M
Movement:
Balance at start of period
596
593
679
800
Net provisions recognised/(reversed) (1)
177
161
225
55
Cash payments
(157)
(148)
(162)
(178)
Other
(13)
(10)
(5)
2
Balance at end of period
603
596
737
679
Current
173
177
280
256
Non‑current
430
419
457
423
603
596
737
679
movements in total self ‐ insured risks restructuring onerous contracts store exit costs and other provisions .
-1 the increase in restructuring onerous contracts and store exit costs in 2019 is primarily attributable to the recognition of provisions associated with the big w network review as outlined in note 1 .
4 .
a provision is recognised when the group has a present legal or constructive obligation as a result of a past event it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made as to the amount of the obligation .
the amount recognised is the best estimate of the consideration required to settle the present obligation at the reporting date taking into account the risks and uncertainties surrounding the obligation .
a liability is recognised for benefits accruing to employees in respect of annual leave and long service leave .
liabilities expected to be settled within 12 months are measured at their nominal values using the remuneration rate expected to apply at the time of settlement .
liabilities which are not expected to be settled within 12 months are measured as the present value of the estimated future cash outflows to be made by the group in respect of services provided by employees up to the reporting date .
the provision for self-insured risks primarily represents the estimated liability for workers ’ compensation and public liability claims .
provision for restructuring is recognised when the group has developed a detailed formal plan for the restructuring and has raised a valid expectation in those affected by the restructuring that the restructuring will occur .
an onerous contract is a contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under it .
the unavoidable costs under a contract reflect the least net cost of exiting from the contract which is the lower of the cost of fulfilling it and any compensation or penalties arising from failure to fulfil it .

Question: What is the percentage constitution of current self-insured risks in the total self-insured risks in 2019?
Answer: 28.69
2019
2018
Quarter Ended
High
Low
High
Low
March 31
$ 9.07
$ 5.34
$ 4.75
$ 3.82
June 30
$ 11.15
$ 6.66
$ 5.62
$ 4.25
September 30
$ 10.51
$ 6.91
$ 5.93
$ 4.91
December 31
$ 7.75
$ 6.25
$ 7.09
$ 4.66
item 5 .
market for registrant ’ s common equity related stockholder matters and issuer purchases of equity securities .
our common stock trades on the nasdaq stock market under the symbol zixi .
the table below shows the high and low sales prices by quarter for fiscal 2019 and 2018 .
at march 4 2020 there were 55641885 shares of common stock outstanding held by 399 shareholders of record .
on that date the last reported sales price of the common stock was $ 8 .
27 .
we have not paid any cash dividends on our common stock and do not anticipate doing so in the foreseeable future .
for information regarding options and stock-based compensation awards outstanding and available for future grants see “ item 12 .
security ownership of certain beneficial owners and management and related stockholder matters .
” .

Question: How many shares of common stock are there outstanding as at March 4, 2020?
Answer: 55,641,885
Year ended 31 December
Year ended 31 December
Year ended 31 December
Year ended 31 December
2019
2019
2018
2018
% of
% of
% of
% of
segment
segment
Amount
revenues
Amount
revenues
(Restated)
(Restated)
(RMB in millions, unless specified)
VAS
94,086
47%
73,961
42%
FinTech and Business Services
73,831
73%
54,598
75%
Online Advertising
34,860
51%
37,273
64%
Others
6,979
92%
4,742
98%
Total cost of revenues
209,756
170,574
cost of revenues .
cost of revenues increased by 23 % year-on-year to rmb209 .
8 billion .
the increase primarily reflected greater content costs costs of fintech services and channel costs .
as a percentage of revenues cost of revenues increased to 56 % for the year ended 31 december 2019 from 55 % for the year ended 31 december 2018 .
the following table sets forth our cost of revenues by line of business for the years ended 31 december 2019 and 2018 : .
cost of revenues for vas increased by 27 % year-on-year to rmb94086 million .
the increase was mainly due to greater content costs for services and products such as live broadcast services online games and video streaming subscriptions as well as channel costs for smart phone games .
cost of revenues for fintech and business services increased by 35 % year-on-year to rmb73831 million .
the increase primarily reflected greater costs of payment-related and cloud services due to the enhanced scale of our payment and cloud activities .
cost of revenues for online advertising decreased by 6 % year-on-year to rmb34860 million .
the decrease was mainly driven by lower content costs for our advertising-funded long form video service resulting from fewer content releases and improved cost efficiency partly offset by other cost items .

Question: What was the year-on-year change in cost of revenues for VAS?
Answer: 27%
December 31,
December 31,
2019
2018
Contract assets
$3,208,206
$2,759,315
Contract liabilities
(3,887,685)
(2,486,111)
   Net contract assets
$(679,479)
$273,204
contract balances .
our contract assets consist of unbilled amounts for technology development contracts as well as custom product contracts .
also included in contract assets are royalty revenue and carrying amounts of right of returned inventory .
long-term contract assets include the fee withholding on cost reimbursable contracts that will not be billed within a year .
contract liabilities include excess billings subcontractor accruals warranty expense extended warranty revenue right of return refund and customer deposits .
the net contract -liabilities / assets changed by $ 1 .
0 million due primarily to increased contract liabilities in addition to a slight increase in contract assets .
the increase in contract liabilities is a result of the increased number of government research programs in addition to an increase in the number of our fixed-price contracts that have reached milestones as designated in their respective contracts but revenue has not yet been recognized .
the increase in contract assets is primarily driven by the unbilled fee required by our cost-reimbursable government contracts which cannot be fully billed until after the specific contract is complete .
the following table shows the components of our contract balances as of december 31 2019 and 2018 : .

Question: What is the average Contract assets for December 31, 2018 and 2019?
Answer: 2983760.5
($ in millions)
($ in millions)
($ in millions)
($ in millions)
For the year ended December 31:
2018
2017
Yr.-to-Yr. Percent Change
Results of Operations
External revenue
$1,590
$1,696
(6.3)%
Internal revenue
1,610
1,471
9.5
Total revenue
$3,200
$3,168
1.0%
Pre-tax income
$1,361
$1,278
6.5%
the increase in global financing total revenue was driven by an increase in internal revenue partially offset by a decrease in external revenue .
internal revenue grew 9 .
5 percent driven by increases in internal financing -up 17 .
6 percent and internal used equipment sales -up 6 .
8 percent .
external revenue declined 6 .
3 percent due to a decrease in external used equipment sales -down 30 .
8 percent partially offset by an increase in external financing -up 4 .
9 percent .
the increase in global financing pre-tax income was primarily driven by an increase in gross profit and a decrease in total expense .

Question: What led to increase in Global Financing total revenue?
Answer: an increase in internal revenue, partially offset by a decrease in external revenue.
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
% Change
2018
% Change
2017
(in thousands, except percentage data)
(in thousands, except percentage data)
(in thousands, except percentage data)
(in thousands, except percentage data)
(in thousands, except percentage data)
Net revenue
$287,372
(0.1)%
$287,756
6.2%
$270,908
Percentage of net revenue
28.8%
27.2%
26.1%
Contribution income
$67,282
(4.1)%
$70,142
9.8%
$63,865
Contribution margin
23.4%
24.4%
23.6%
2019 vs 2018 .
smb segment net revenue was flat for the year ended december 31 2019 compared to the prior year primarily due to a decline in net revenue of our network storage products substantially offset by growth in net revenue of our switch products .
geographically net revenue grew in apac but declined in americas and emea .
contribution income decreased for the year ended december 31 2019 compared to the prior year primarily as a result of lower gross margin attainment partially offset by lower operating expenses as a proportion of net revenue .
contribution margin decreased for the year ended december 31 2019 compared to the prior year primarily lower gross margin attainment mainly resulting from foreign exchange headwinds due to the strengthening of the u .
s .
dollar as well as higher provisions for sales returns .
2018 vs 2017 .
smb segment net revenue increased for the year ended december 31 2018 compared to the prior year primarily due to growth in switches partially offset by the decrease in network storage .
smb experienced growth in net revenue across all regions .
smb net revenue was further benefited by lower provisions for sales returns deemed to be a reduction of net revenue .
contribution income increased for the year ended december 31 2018 compared to the prior year primarily due to increasing net revenue and improved gross margin performance not being met with proportionate increases in operating expense compared to the prior period .

Question: Which regions did the net revenue decline in 2019?
Answer: Americas and EMEA