contractually committed revolving bank credit agreement and $ 1.0 billion of commercial paper- based financing based on eligible receivable balan- ces under a receivables securitization program , which management believes are adequate to cover expected operating cash flow variability during the current economic cycle .the credit agreements gen- erally provide for interest rates at a floating rate index plus a pre-determined margin dependent upon international paper 2019s credit rating .in november 2009 , international paper replaced its $ 1.5 billion revolving bank credit agreement that was scheduled to expire in march 2011 with a new $ 1.5 billion fully committed revolving bank credit agreement that expires in november 2012 and has a facility fee of 0.50% ( 0.50 % ) payable quarterly .the liquidity facilities also include up to $ 1.0 billion of commercial paper-based financings on eligible receivable balances ( $ 816 mil- lion at december 31 , 2009 ) under a receivables securitization program that was scheduled to expire in january 2010 with a facility fee of 0.75% ( 0.75 % ) .on jan- uary 13 , 2010 , the company amended this program to extend the maturity date from january 2010 to january 2011 .the amended agreement has a facility fee of 0.50% ( 0.50 % ) payable monthly .at december 31 , 2009 , there were no borrowings under either the bank credit agreements or receivables securitization pro- the company was in compliance with all of its debt covenants at december 31 , 2009 .the company 2019s financial covenants require the maintenance of a minimum net worth of $ 9 billion and a total- debt-to-capital ratio of less than 60% ( 60 % ) .net worth is defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock plus any cumulative goodwill impairment charges .the calcu- lation also excludes accumulated other compre- hensive loss .the total-debt-to-capital ratio is defined as total debt divided by the sum of total debt plus net worth .at december 31 , 2009 , international paper 2019s net worth was $ 11.8 billion , and the total- debt-to-capital ratio was 43.3% ( 43.3 % ) .the company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .funding decisions will be guided by our capi- tal structure planning objectives .the primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .the majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .maintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .at december 31 , 2009 , the company held long-term credit ratings of bbb ( negative outlook ) and baa3 ( negative outlook ) and short-term credit ratings of a-3 and p-3 by s&p and moody 2019s , respectively .on february 5 , 2010 , moody 2019s investor services reduced its credit rating of senior unsecured long- term debt of the royal bank of scotland n.v .( formerly abn amro bank n.v. ) , which had issued letters of credit that support $ 1.4 billion of install- ment notes received in connection with the compa- ny 2019s 2006 sale of forestlands .following this sale , the installment notes were contributed to third-party entities that used them as collateral for borrowings from a third-party lender .the related loan agree- ments require that if the credit rating of any bank issuing letters of credit is downgraded below a specified level , these letters of credit must be replaced within 60 days by letters of credit from another qualifying institution .the company expects that the issuer of installment notes will complete this replacement within the required 60-day period .contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2009 , were as follows : in millions 2010 2011 2012 2013 2014 thereafter maturities of long-term debt ( a ) $ 304 $ 574 $ 199 $ 131 $ 562 $ 7263 debt obligations with right of offset ( b ) 519 28 2013 2013 2013 5108 .
[['in millions', '2010', '2011', '2012', '2013', '2014', 'thereafter'], ['maturities of long-term debt ( a )', '$ 304', '$ 574', '$ 199', '$ 131', '$ 562', '$ 7263'], ['debt obligations with right of offset ( b )', '519', '28', '2013', '2013', '2013', '5108'], ['lease obligations', '177', '148', '124', '96', '79', '184'], ['purchase obligations ( c )', '2262', '657', '623', '556', '532', '3729'], ['total ( d )', '$ 3262', '$ 1407', '$ 946', '$ 783', '$ 1173', '$ 16284']]
( a ) total debt includes scheduled principal payments only .the 2010 debt maturities reflect the reclassification of $ 450 million of notes payable and current maturities of long-term debt to long-term debt based on international paper 2019s intent and abil- ity to renew or convert these obligations , as evidenced by the company 2019s available bank credit agreements .( b ) represents debt obligations borrowed from non-consolidated variable interest entities for which international paper has , and intends to affect , a legal right to offset these obligations with investments held in the entities .accordingly , in its con- solidated balance sheet at december 31 , 2009 , international paper has offset approximately $ 5.7 billion of interests in the entities against this $ 5.7 billion of debt obligations held by the entities ( see note 12 of the notes to consolidated financial statements in item 8 .financial statements and supplementary data ) . .

Question: considering the years 2011-2012 , what is the variation observed in the lease obligations?
Answer: 24
Explanation: it is the difference between those values .