growth focused .for example , in december 2005 , 3m announced its intention to build an lcd optical film manufacturing facility in poland to support the fast-growing lcd-tv market in europe and to better serve its customers .the company expects 2006 capital expenditures to total approximately $ 1.1 billion , compared with $ 943 million in 2005 .in the third quarter of 2005 , 3m completed the acquisition of cuno .3m acquired cuno for approximately $ 1.36 billion , including assumption of debt .this $ 1.36 billion included $ 1.27 billion of cash paid ( net of cash acquired ) and the assumption of $ 80 million of debt , most of which has been repaid .in 2005 , the company also entered into two additional business combinations for a total purchase price of $ 27 million .refer to note 2 to the consolidated financial statements for more information on these 2005 business combinations , and for information concerning 2004 and 2003 business combinations .purchases of investments in 2005 include the purchase from ti&m beteiligungsgesellschaft mbh of 19 percent of i&t innovation technology ( discussed previously under the transportation business segment ) .the purchase price of approximately $ 55 million is reported as 201cinvestments 201d in the consolidated balance sheet and as 201cpurchases of investments 201d in the consolidated statement of cash flows .other 201cpurchases of investments 201d and 201cproceeds from sale of investments 201d in 2005 are primarily attributable to auction rate securities , which are classified as available-for-sale .prior to 2005 , purchases of and proceeds from the sale of auction rate securities were classified as cash and cash equivalents .at december 31 , 2004 , the amount of such securities taken as a whole was immaterial to cash and cash equivalents , and accordingly were not reclassified for 2004 and prior .proceeds from the sale of investments in 2003 include $ 26 million of cash received related to the sale of 3m 2019s 50% ( 50 % ) ownership in durel corporation to rogers corporation .additional purchases of investments totaled $ 5 million in 2005 , $ 10 million in 2004 and $ 16 million in 2003 .these purchases include additional survivor benefit insurance and equity investments .the company is actively considering additional acquisitions , investments and strategic alliances .cash flows from financing activities : years ended december 31 .
[['( millions )', '2005', '2004', '2003'], ['change in short-term debt 2014 net', '$ -258 ( 258 )', '$ 399', '$ -215 ( 215 )'], ['repayment of debt ( maturities greater than 90 days )', '-656 ( 656 )', '-868 ( 868 )', '-719 ( 719 )'], ['proceeds from debt ( maturities greater than 90 days )', '429', '358', '494'], ['total change in debt', '$ -485 ( 485 )', '$ -111 ( 111 )', '$ -440 ( 440 )'], ['purchases of treasury stock', '-2377 ( 2377 )', '-1791 ( 1791 )', '-685 ( 685 )'], ['reissuances of treasury stock', '545', '508', '555'], ['dividends paid to stockholders', '-1286 ( 1286 )', '-1125 ( 1125 )', '-1034 ( 1034 )'], ['distributions to minority interests and other 2014 net', '-76 ( 76 )', '-15 ( 15 )', '-23 ( 23 )'], ['net cash used in financing activities', '$ -3679 ( 3679 )', '$ -2534 ( 2534 )', '$ -1627 ( 1627 )']]
total debt at december 31 , 2005 , was $ 2.381 billion , down from $ 2.821 billion at year-end 2004 , with the decrease primarily attributable to the retirement of $ 400 million in medium-term notes .there were no new long- term debt issuances in 2005 .in 2005 , the cash flow decrease in net short-term debt of $ 258 million includes the portion of short-term debt with original maturities of 90 days or less .the repayment of debt of $ 656 million primarily related to the retirement of $ 400 million in medium-term notes and commercial paper retirements .proceeds from debt of $ 429 million primarily related to commercial paper issuances .total debt was 19% ( 19 % ) of total capital ( total capital is defined as debt plus equity ) , compared with 21% ( 21 % ) at year-end 2004 .debt securities , including the company 2019s shelf registration , its medium-term notes program , dealer remarketable securities and convertible note , are all discussed in more detail in note 8 to the consolidated financial statements .3m has a shelf registration and medium-term notes program through which $ 1.5 billion of medium- term notes may be offered .in 2004 , the company issued approximately $ 62 million in debt securities under its medium-term notes program .no debt was issued under this program in 2005 .the medium-term notes program and shelf registration have remaining capacity of approximately $ 1.438 billion .the company 2019s $ 350 million of dealer remarketable securities ( classified as current portion of long-term debt ) were remarketed for one year in december 2005 .in addition , the company has convertible notes with a book value of $ 539 million at december 31 , 2005 .the next put option date for these convertible notes is november 2007 , thus at year-end 2005 this debt .

Question: what was the percentage change in the net cash used in financing activities from 2004 to 2005
Answer: 45.2%
Explanation: the net cash used in financing activities increased by 45.2% from 2004 to 2005