the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : .
[['as of december 31', '2008', '2007'], ['equity as previously reported', '$ 5310', '$ 6221'], ['increase for reclassification of non-controlling interests', '105', '40'], ['equity as adjusted', '$ 5415', '$ 6261']]
the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .

Question: what is the average equity as adjusted?
Answer: 5838
Explanation: it is the sum of both values of equity as adjusted divided by two .