HangHor/FinQA_Normalized_ALL huggingface dataset:
item 6 .selected financial data the following table represents our selected financial data .the table should be read in conjunction with item 7 and item 8 of this report .the table below reflects immaterial error corrections discussed in note 2 : summary of significant accounting policies in item 8. .
[['( $ in millions except per share amounts )', 'year ended december 31 2012', 'year ended december 31 2011', 'year ended december 31 2010', 'year ended december 31 2009', 'year ended december 31 2008'], ['sales and service revenues', '$ 6708', '$ 6575', '$ 6723', '$ 6292', '$ 6189'], ['goodwill impairment', '2014', '290', '2014', '2014', '2465'], ['operating income ( loss )', '358', '100', '241', '203', '-2332 ( 2332 )'], ['net earnings ( loss )', '146', '-100 ( 100 )', '131', '119', '-2397 ( 2397 )'], ['total assets', '6392', '6069', '5270', '5097', '4821'], ['long-term debt ( 1 )', '1779', '1830', '105', '283', '283'], ['total long-term obligations', '4341', '3838', '1637', '1708', '1823'], ['free cash flow ( 2 )', '170', '331', '168', '-269 ( 269 )', '121'], ['dividends declared per share', '$ 0.10', '$ 2014', '$ 2014', '$ 2014', '$ 2014'], ['basic earnings ( loss ) per share ( 3 )', '$ 2.96', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )'], ['diluted earnings ( loss ) per share ( 3 )', '$ 2.91', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )']]
basic earnings ( loss ) per share ( 3 ) $ 2.96 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) diluted earnings ( loss ) per share ( 3 ) $ 2.91 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities .( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures .see liquidity and capital resources in item 7 for more information on this measure .( 3 ) on march 30 , 2011 , the record date of the stock distribution associated with the spin-off from northrop grumman , approximately 48.8 million shares of $ 0.01 par value hii common stock were distributed to northrop grumman stockholders .this share amount was utilized for the calculation of basic and diluted earnings ( loss ) per share for the three months ended march 31 , 2011 , and all prior periods , as no common stock of the company existed prior to march 30 , 2011 , and the impact of dilutive securities in the three month period ended march 31 , 2011 , was not meaningful. .

Question: during 2010 , what was the return on assets?
Answer: 2.5%
Explanation: net income divided by total assets
provision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 .the following is an analysis of the effective income tax rates for 2012 and 2011: .
[['', '2012', '2011'], ['statutory rate applied to income from continuing operations before income taxes', '35% ( 35 % )', '35% ( 35 % )'], ['effects of foreign operations including foreign tax credits', '18', '6'], ['change in permanent reinvestment assertion', '2014', '5'], ['adjustments to valuation allowances', '21', '14'], ['tax law changes', '2014', '1'], ['effective income tax rate on continuing operations', '74% ( 74 % )', '61% ( 61 % )']]
the effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income .the provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments .the difference between the total provision and the sum of the amounts allocated to segments appears in the "corporate and other unallocated items" shown in the reconciliation of segment income to net income below .effects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent .change in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s .tax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations .offsetting this tax expense were associated foreign tax credits of $ 488 million .in addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s .tax on previously undistributed earnings .adjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s .benefits on foreign taxes accrued in those years .see item 8 .financial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes .discontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 .see item 8 .financial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .

Question: by what percentage did adjustments to valuation allowances increase from 2011 to 2012>
Answer: 50%
selling , general , and administrative expenses selling , general , and administrative expenses increased to $ 65.2 million in 2010 from $ 52.9 million in 2009 due primarily to increases in compensation expense and recruitment costs , principally in connection with higher headcount in 2010 , and an increase in non-cash compensation expense for the reasons described above .cost of goods sold cost of goods sold in 2010 and 2009 was $ 2.1 million and $ 1.7 million , respectively , and consisted primarily of royalties and other period costs related to arcalyst ae commercial supplies .to date , arcalyst ae shipments to our customers have primarily consisted of supplies of inventory manufactured and expensed as research and development costs prior to fda approval in 2008 ; therefore , the costs of these supplies were not included in costs of goods sold .other income and expense investment income decreased to $ 2.1 million in 2010 from $ 4.5 million in 2009 , due primarily to lower yields on , and lower average balances of , cash and marketable securities .interest expense increased to $ 9.1 million in 2010 from $ 2.3 million in 2009 .interest expense is primarily attributable to the imputed interest portion of payments to our landlord , commencing in the third quarter of 2009 , to lease newly constructed laboratory and office facilities in tarrytown , new york .income tax expense ( benefit ) in 2010 , we did not recognize any income tax expense or benefit .in 2009 , we recognized a $ 4.1 million income tax benefit , consisting primarily of ( i ) $ 2.7 million resulting from a provision in the worker , homeownership , and business assistance act of 2009 that allowed us to claim a refund of u.s .federal alternative minimum tax that we paid in 2008 , and ( ii ) $ 0.7 million resulting from a provision in the american recovery and reinvestment act of 2009 that allowed us to claim a refund for a portion of our unused pre-2006 research tax credits .years ended december 31 , 2009 and 2008 net loss regeneron reported a net loss of $ 67.8 million , or $ 0.85 per share ( basic and diluted ) , for the year ended december 31 , 2009 , compared to a net loss of $ 79.1 million , or $ 1.00 per share ( basic and diluted ) for 2008 .the decrease in our net loss in 2009 was principally due to higher collaboration revenue in connection with our antibody collaboration with sanofi-aventis , receipt of a $ 20.0 million substantive performance milestone payment in connection with our vegf trap-eye collaboration with bayer healthcare , and higher arcalyst ae sales , partly offset by higher research and development expenses , as detailed below .revenues revenues in 2009 and 2008 consist of the following: .
[['( in millions )', '2009', '2008'], ['collaboration revenue', '', ''], ['sanofi-aventis', '$ 247.2', '$ 154.0'], ['bayer healthcare', '67.3', '31.2'], ['total collaboration revenue', '314.5', '185.2'], ['technology licensing revenue', '40.0', '40.0'], ['net product sales', '18.4', '6.3'], ['contract research and other revenue', '6.4', '7.0'], ['total revenue', '$ 379.3', '$ 238.5']]
.

Question: what percentage of total revenue was bayer healthcare in 2009?
Answer: 18%
marathon oil corporation notes to consolidated financial statements ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) these notes are senior secured notes of marathon oil canada corporation .the notes are secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( i ) these obligations as of december 31 , 2009 include $ 36 million related to assets under construction at that date for which a capital lease will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2009 and therefore do not reflect future minimum lease obligations of $ 164 million related to the asset .( j ) payments of long-term debt for the years 2010 - 2014 are $ 102 million , $ 246 million , $ 1492 million , $ 287 million and $ 802 million .united steel is due to pay $ 17 million in 2010 , $ 161 million in 2011 , $ 19 million in 2012 , and $ 11 for year 2014 .( k ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 662 million at december 31 , 2009 , may be declared immediately due and payable .( l ) see note 16 for information on interest rate swaps .20 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2009 2008 .
[['( in millions )', '2009', '2008'], ['asset retirement obligations as of january 1', '$ 965', '$ 1134'], ['liabilities incurred including acquisitions', '14', '30'], ['liabilities settled', '-65 ( 65 )', '-94 ( 94 )'], ['accretion expense ( included in depreciation depletion and amortization )', '64', '66'], ['revisions to previous estimates', '124', '24'], ['held for sale', '-', '-195 ( 195 )'], ['asset retirement obligations as of december 31 ( a )', '$ 1102', '$ 965']]
asset retirement obligations as of december 31 ( a ) $ 1102 $ 965 ( a ) includes asset retirement obligation of $ 3 and $ 2 million classified as short-term at december 31 , 2009 , and 2008. .

Question: by what percentage did asset retirement obligations decrease from 2007 to 2008?
Answer: -14.9%
notes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners .no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 24 , 2005 or september 25 , 2004 .the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 24 , september 25 , september 27 .
[['', 'september 24 2005', 'september 25 2004', 'september 27 2003'], ['beginning allowance balance', '$ 47', '$ 49', '$ 51'], ['charged to costs and expenses', '8', '3', '4'], ['deductions ( a )', '-9 ( 9 )', '-5 ( 5 )', '-6 ( 6 )'], ['ending allowance balance', '$ 46', '$ 47', '$ 49']]
( a ) represents amounts written off against the allowance , net of recoveries .vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company .the company purchases these raw material components directly from suppliers .these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 417 million and $ 276 million as of september 24 , 2005 and september 25 , 2004 , respectively .the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales .derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange and interest rate risk .foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales .from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt .the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .the company records all derivatives on the balance sheet at fair value. .

Question: what was the change in non-trade receivables , which are included in the consolidated balance sheets in other current assets , between september 24 , 2005 and september 25 , 2004 , in millions?
Answer: 141
entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities .results of operations net income 2011 compared to 2010 net income increased $ 242.5 million primarily due to a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts , which resulted in a $ 422 million income tax benefit .the net income effect was partially offset by a $ 199 million regulatory charge , which reduced net revenue , because a portion of the benefit will be shared with customers .see note 3 to the financial statements for additional discussion of the settlement and benefit sharing .2010 compared to 2009 net income decreased slightly by $ 1.4 million primarily due to higher other operation and maintenance expenses , a higher effective income tax rate , and higher interest expense , almost entirely offset by higher net revenue .net revenue 2011 compared to 2010 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) .following is an analysis of the change in net revenue comparing 2011 to 2010 .amount ( in millions ) .
[['', 'amount ( in millions )'], ['2010 net revenue', '$ 1043.7'], ['mark-to-market tax settlement sharing', '-195.9 ( 195.9 )'], ['retail electric price', '32.5'], ['volume/weather', '11.6'], ['other', '-5.7 ( 5.7 )'], ['2011 net revenue', '$ 886.2']]
the mark-to-market tax settlement sharing variance results from a regulatory charge because a portion of the benefits of a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts will be shared with customers , slightly offset by the amortization of a portion of that charge beginning in october 2011 .see notes 3 and 8 to the financial statements for additional discussion of the settlement and benefit sharing .the retail electric price variance is primarily due to a formula rate plan increase effective may 2011 .see note 2 to the financial statements for discussion of the formula rate plan increase. .

Question: in 2011 what was the ratio of the income tax benefit to the increase in the net income
Answer: 1.74
the contractual maturities of held-to-maturity securities as of january 30 , 2009 were in excess of three years and were $ 31.4 million at cost and $ 28.9 million at fair value , respectively .for the successor year ended january 30 , 2009 and period ended february 1 , 2008 , and the predecessor period ended july 6 , 2007 and year ended february 2 , 2007 , gross realized gains and losses on the sales of available-for-sale securities were not material .the cost of securities sold is based upon the specific identification method .merchandise inventories inventories are stated at the lower of cost or market with cost determined using the retail last-in , first-out ( 201clifo 201d ) method .under the company 2019s retail inventory method ( 201crim 201d ) , the calculation of gross profit and the resulting valuation of inventories at cost are computed by applying a calculated cost-to-retail inventory ratio to the retail value of sales at a department level .costs directly associated with warehousing and distribution are capitalized into inventory .the excess of current cost over lifo cost was approximately $ 50.0 million at january 30 , 2009 and $ 6.1 million at february 1 , 2008 .current cost is determined using the retail first-in , first-out method .the company 2019s lifo reserves were adjusted to zero at july 6 , 2007 as a result of the merger .the successor recorded lifo provisions of $ 43.9 million and $ 6.1 million during 2008 and 2007 , respectively .the predecessor recorded a lifo credit of $ 1.5 million in 2006 .in 2008 , the increased commodity cost pressures mainly related to food and pet products which have been driven by fruit and vegetable prices and rising freight costs .increases in petroleum , resin , metals , pulp and other raw material commodity driven costs also resulted in multiple product cost increases .the company intends to address these commodity cost increases through negotiations with its vendors and by increasing retail prices as necessary .on a quarterly basis , the company estimates the annual impact of commodity cost fluctuations based upon the best available information at that point in time .store pre-opening costs pre-opening costs related to new store openings and the construction periods are expensed as incurred .property and equipment property and equipment are recorded at cost .the company provides for depreciation and amortization on a straight-line basis over the following estimated useful lives: .
[['land improvements', '20'], ['buildings', '39-40'], ['furniture fixtures and equipment', '3-10']]
improvements of leased properties are amortized over the shorter of the life of the applicable lease term or the estimated useful life of the asset. .

Question: what is the percentage change in held-to-maturity securities at cost and at fair value as of january 30 , 2009?
Answer: -8.0%
part ii , item 8 fourth quarter of 2007 : 0160 schlumberger sold certain workover rigs for $ 32 million , resulting in a pretax gain of $ 24 million ( $ 17 million after-tax ) which is classified in interest and other income , net in the consolidated statement of income .4 .acquisitions acquisition of eastern echo holding plc on december 10 , 2007 , schlumberger completed the acquisition of eastern echo holding plc ( 201ceastern echo 201d ) for $ 838 million in cash .eastern echo was a dubai-based marine seismic company that did not have any operations at the time of acquisition , but had signed contracts for the construction of six seismic vessels .the purchase price has been allocated to the net assets acquired based upon their estimated fair values as follows : ( stated in millions ) .
[['cash and short-term investments', '$ 266'], ['other current assets', '23'], ['fixed income investments held to maturity', '54'], ['vessels under construction', '694'], ['accounts payable and accrued liabilities', '-17 ( 17 )'], ['long-term debt', '-182 ( 182 )'], ['total purchase price', '$ 838']]
other acquisitions schlumberger has made other acquisitions and minority interest investments , none of which were significant on an individual basis , for cash payments , net of cash acquired , of $ 514 million during 2009 , $ 345 million during 2008 , and $ 281 million during 2007 .pro forma results pertaining to the above acquisitions are not presented as the impact was not significant .5 .drilling fluids joint venture the mi-swaco drilling fluids joint venture is owned 40% ( 40 % ) by schlumberger and 60% ( 60 % ) by smith international , inc .schlumberger records income relating to this venture using the equity method of accounting .the carrying value of schlumberger 2019s investment in the joint venture on december 31 , 2009 and 2008 was $ 1.4 billion and $ 1.3 billion , respectively , and is included within investments in affiliated companies on the consolidated balance sheet .schlumberger 2019s equity income from this joint venture was $ 131 million in 2009 , $ 210 million in 2008 and $ 178 million in 2007 .schlumberger received cash distributions from the joint venture of $ 106 million in 2009 , $ 57 million in 2008 and $ 46 million in 2007 .the joint venture agreement contains a provision under which either party to the joint venture may offer to sell its entire interest in the venture to the other party at a cash purchase price per percentage interest specified in an offer notice .if the offer to sell is not accepted , the offering party will be obligated to purchase the entire interest of the other party at the same price per percentage interest as the prices specified in the offer notice. .

Question: what was vessels under construction as a percentage of total purchase price?
Answer: 82.8%
fair value of financial instruments : the company 2019s financial instruments include cash and cash equivalents , marketable securities , accounts receivable , certain investments , accounts payable , borrowings , and derivative contracts .the fair values of cash and cash equivalents , accounts receivable , accounts payable , and short-term borrowings and current portion of long-term debt approximated carrying values because of the short-term nature of these instruments .available-for-sale marketable securities and investments , in addition to certain derivative instruments , are recorded at fair values as indicated in the preceding disclosures .for its long-term debt the company utilized third-party quotes to estimate fair values ( classified as level 2 ) .information with respect to the carrying amounts and estimated fair values of these financial instruments follow: .
[['( millions )', 'december 31 2012 carrying value', 'december 31 2012 fair value', 'december 31 2012 carrying value', 'fair value'], ['long-term debt excluding current portion', '$ 4916', '$ 5363', '$ 4484', '$ 5002']]
the fair values reflected above consider the terms of the related debt absent the impacts of derivative/hedging activity .the carrying amount of long-term debt referenced above is impacted by certain fixed-to-floating interest rate swaps that are designated as fair value hedges and by the designation of fixed rate eurobond securities issued by the company as hedging instruments of the company 2019s net investment in its european subsidiaries .3m 2019s fixed-rate bonds were trading at a premium at december 31 , 2012 and 2011 due to the low interest rates and tightening of 3m 2019s credit spreads. .

Question: in december 2012 what was the percentage difference in the carrying values of the long-term debt excluding current portion
Answer: 9.63%
Explanation: december 2012 the percentage difference in the carrying values of the long-term debt excluding current portion was 9.63%