Model: thomaskim1130/stella_en_1.5B_v5-FinanceRAG
Author: thomaskim1130
Pipeline: sentence-similarity
Library: sentence-transformers
Tags: sentence-transformers, safetensors, qwen2, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:2268, loss:MultipleNegativesRankingLoss, custom_code, arxiv:1908.10084, arxiv:1705.00652, base_model:NovaSearch/stella_en_1.5B_v5, base_model:finetune:NovaSearch/stella_en_1.5B_v5, model-index, text-embeddings-inference, endpoints_compatible, region:us
Base models (finetune): id: NovaSearch/stella_en_1.5B_v5
Card metadata: tags: sentence-transformers, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:2268, loss:MultipleNegativesRankingLoss
base_model: dunzhang/stella_en_1.5B_v5
widget: source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: | _id | q1a724386 |
| title |  |
| text | What does the table show?

What table show?



sentences: Title: 
Text: | _id | dd2abe7ca |
| title |  |
| text | Table of Contents
61
ADOBE SYSTEMS INCORPORATED
 CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
 
Years Ended
 
December 1,
2017
December 2,
2016
November 27,
2015
Cash flows from operating activities:
 
 
Net income
$
1,693,954
$
1,168,782
$
629,551
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion
325,997
331,535
339,473
Stock-based compensation
451,451
349,912
335,859
Deferred income taxes
51,605
24,222
(69,657)

Deferred income taxes
51,605
24,222
(69,657)
Gain on the sale of property

(21,415)
Unrealized (gains) losses on investments
(5,494)
3,145
(9,210)
Excess tax benefits from stock-based compensation

(75,105)
(68,153)
Other non-cash items
4,625
2,022
1,216
Changes in operating assets and liabilities, net of acquired assets and
 assumed liabilities:
Trade receivables, net
(187,173)
(160,416)
(79,502)
Prepaid expenses and other current assets
28,040
(71,021)
(7,701)
Trade payables
(45,186)
(6,281)
22,870
Accrued expenses
154,125
64,978
(22,564)
Income taxes payable
(34,493)
43,115
97,934
Deferred revenue
475,402
524,840
320,801
Net cash provided by operating activities
2,912,853
2,199,728
1,469,502

2,912,853
2,199,728
1,469,502
Cash flows from investing activities:
 
 
Purchases of short-term investments
(1,931,011)
(2,285,222)
(2,064,833)
Maturities of short-term investments
759,737
769,228
371,790
Proceeds from sales of short-term investments
1,393,929
860,849
1,176,476
Acquisitions, net of cash acquired
(459,626)
(48,427)
(826,004)
Purchases of property and equipment
(178,122)
(203,805)
(184,936)
Proceeds from sale of property

57,779
Purchases of long-term investments, intangibles and other assets
(29,918)
(58,433)
(22,779)
Proceeds from sale of long-term investments
2,134
5,777
4,149
Net cash used for investing activities
(442,877)
(960,033)
(1,488,358)
Cash flows from financing activities:
 
 
Purchases of treasury stock
(1,100,000)
(1,075,000)
(625,000)
Proceeds from issuance of treasury stock
158,351
145,697
164,270
Taxes paid related to net share settlement of equity awards
(240,126)
(236,400)
(186,373)

(240,126)
(236,400)
(186,373)
Excess tax benefits from stock-based compensation

75,105
68,153
Proceeds from debt issuance


989,280
Repayment of debt and capital lease obligations
(1,960)
(108)
(602,189)
Debt issuance costs

(8,828)
Net cash used for financing activities
(1,183,735)
(1,090,706)
(200,687)
Effect of foreign currency exchange rates on cash and cash equivalents
8,516
(14,234)
(21,297)
Net increase (decrease) in cash and cash equivalents
1,294,757
134,755
(240,840)
Cash and cash equivalents at beginning of year
1,011,315
876,560
1,117,400
Cash and cash equivalents at end of year
$
2,306,072
$
1,011,315
$
876,560
Supplemental disclosures:
 
Cash paid for income taxes, net of refunds
$
396,668
$
249,884
$
203,010

$
396,668
$
249,884
$
203,010
Cash paid for interest
$
69,430
$
66,193
$
56,014
Non-cash investing activities:
Investment in lease receivable applied to building purchase
$
80,439
$

$

Issuance of common stock and stock awards assumed in business acquisitions
$
10,348
$

$
677
See accompanying Notes to Consolidated Financial Statements.

Table Contents
 SYSTEMS
 STATEMENTS CASH FLOWS
 Years Ended
 December 1,
 2017
 December 2,
 2016
 November 27,
 2015
 Cash flows operating activities
 Net income
 1,693,954
 1,168,782
 629,551
 Adjustments reconcile net income cash activities
 Depreciation amortization accretion
 325,997
 331,535
,473
 Stock-based compensation
 451,451
 349,912
 335,859
 Deferred income taxes
 51,605
 24,222
 (69,657)
 Gain sale property
 (21,415)
 Unrealized losses investments
 (5,494)
 3,145
 (9,210)

(5,494)
 3,145
 (9,210)
 Excess tax benefits stock-based compensation
 (75,105)
 (68,153)
 non-cash items
 2,022
 1,216
 Changes operating assets liabilities acquired
 Trade receivables
 (187,173)
 (160,416)
 (79,502)
 Prepaid expenses current assets
 28,040
 (71,021)
 (7,701)
 Trade payables
 (45,186)
 (6,281)
 22,870
 Accrued expenses
 154,125
 64,978
 (22,564
 Income taxes payable
 (34,493)
 43,115
 97,934
 Deferred revenue
 475,402
 524,840
 320,801
 Net cash operating activities
 2,912,853
 2,199,728

2,912,853
 2,199,728
 1,469,502
 Cash flows investing activities
 Purchases short-term investments
 (1,931,011)
 (2,285,222)
 (2,064,833)
 Maturities short-term investments
 759,737
 769,228
 371,790
 Proceeds sales short-term investments
 1,393,929
 860,849
1,176,476
 Acquisitions cash
 (459,626)
 (48,427)
 (826,004)
 Purchases property equipment
 (178,122)
 (203,805)
 (184,936)
 Proceeds sale property
 57,779
 Purchases long-term investments intangibles
 (29,918)
 (58,433)
 (22,779)

(29,918)
 (58,433)
 (22,779)
 Proceeds sale long-term investments
 2,134
 5,777
 4,149
 Net cash investing activities
 (442,877)
 (960,033)
 (1,488,358)
 Cash flows financing
 Purchases treasury stock
 (1,100,000)
 (1,075,000)
 (625,000)
 Proceeds issuance treasury stock
 158,351
 145,697
 164,270
 Taxes share settlement equity awards
 (240,126)
 (236,400)
 (186,373)
 Excess tax benefits stock-based compensation
 75,105
 68,153
 Proceeds debt issuance
,280
 Repayment debt capital lease obligations

,280
 Repayment debt capital lease obligations
 (1,960)
 (108)
 (602,189)
 Debt issuance costs
 (8,828)
 Net cash financing activities
 (1,183,735)
 (1,090,706)
 (200,687)
 Effect foreign currency exchange rates cash equivalents
 8,516
 (14,234)
 (21,297)
 Net increase (decrease cash equivalents
 1,294,757
 134,755
 (240,840)
 Cash equivalents beginning year
 1,011,315
 876,560
 1,117,400
 end year
 $
 2,306,072
 $
 1,011,315
 $
 876,560
 Supplemental Cash paid income taxes refunds
 $
 396,668
 $
 249,884

$
 396,668
 $
 249,884
 $ 203,010
 Cash paid interest
 $
 69,430

66,193
 $
 56,014
 Non-cash investing activities:
 Investment lease receivable applied building purchase
 $
 80,439
 $ $
 Issuance common stock stock awards assumed business acquisitions
 $ 10,348
 $ $
 677
 Notes Consolidated Financial Statements.


, Title: 
Text: | _id | d1a7244a8 |
| title |  |
| text | Expenditure on R&D
TCS Innovation Labs are located in India and other parts of the world. These R&D centers, as certified by Department of Scientific & Industrial Research (DSIR) function from Pune, Chennai, Bengaluru, Delhi- NCR, Hyderabad, Kolkata and Mumbai.
Expenditure incurred in the R&D centers and innovation centers during FY 2019 and FY 2018 are given below:

Expenditure on R&D and innovation                                   | Unconsolidated |         | Consolidated |        
------------------------------------------------------------------- | -------------- | ------- | ------------ | -------
                                                                    | FY 2019        | FY 2018 | FY 2019      | FY 2018
a. Capital                                                          | 2              | -       | 2            | -

b. Recurring                                                        | 303            | 295     | 306          | 298    
c. Total R&D expenditure (a+b)                                      | 305            | 295     | 308          | 298    
d. Innovation center expenditure                                    | 1,285          | 1,079   | 1,352        | 1,202  
e. Total R&D and innovation expenditure (c+d)                       | 1,590          | 1,374   | 1,660        | 1,500

f. R&D and innovation expenditure as a percentage of total turnover | 1.3%           | 1.4%    | 1.1%         | 1.2%

Expenditure on R&D
 TCS Innovation Labs located in India other parts world. R&D centers certified by Department of Scientific & Industrial Research (DSIR) function from Pune Chennai Bengaluru Delhi- NCR Hyderabad Kolkata Mumbai.
 Expenditure in R&D centers innovation centers during FY 2019 FY 2018 given below:

Expenditure on R&D and innovation                                   | Unconsolidated |         | Consolidated |        
------------------------------------------------------------------- | -------------- | ------- | ------------ | -------
                                                                    | FY 2019        | FY 2018 | FY 2019      | FY 2018
a. Capital                                                          | 2              | -       | 2            | -

b. Recurring                                                        | 303            | 295     | 306          | 298    
c. Total R&D expenditure (a+b)                                      | 305            | 295     | 308          | 298    
d. Innovation center expenditure                                    | 1,285          | 1,079   | 1,352        | 1,202  
e. Total R&D and innovation expenditure (c+d)                       | 1,590          | 1,374   | 1,660        | 1,500

f. R&D and innovation expenditure as a percentage of total turnover | 1.3%           | 1.4%    | 1.1%         | 1.2%


, Title: 
Text: | _id | JPM20235630 |
| title |  |
| text | Principal transactions revenue is driven by many factors, including: •the bid-offer spread, which is the difference between the price at which a market participant is willing and able to sell an instrument to the Firm and the price at which another market participant is willing and able to buy it from the Firm, and vice versa; and •realized and unrealized gains and losses on financial instruments and commodities transactions, including those accounted for under the fair value option, primarily used in

under the fair value option, primarily used in client-driven market-making activities.

Principal transactions revenue driven by many factors, including: •the bid-offer spread, difference between price a market participant willing to sell an instrument to Firm and price another market participant willing to buy it from Firm, and vice versa; and •realized and unrealized gains and losses on financial instruments and commodities transactions, including those accounted for under fair value option, primarily used in client-driven market-making activities.


, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: | _id | q1a7226bc |
| title |  |
| text | What Fiscal years are included in the table?

What Fiscal years included in table?



sentences: Title: 
Text: | _id | d1a7227c0 |
| title |  |
| text | NOTE 17—SPECIAL CHARGES (RECOVERIES)
Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges.

|         | Year Ended June 30, |        
----------------------------------------------------------- | ------- | ------------------- | -------
                                                            | 2019    | 2018                | 2017   
Fiscal 2019 Restructuring Plan                              | $28,318 | $—                  | $—     
Fiscal 2018 Restructuring Plan                              | 515     | 10,154              | —

Fiscal 2017 Restructuring Plan                              | 898     | 7,207               | 33,827 
Restructuring Plans prior to Fiscal 2017 Restructuring Plan | (620)   | 279                 | (340)  
Acquisition-related costs                                   | 5,625   | 4,805               | 15,938 
Other charges (recoveries)                                  | 983     | 6,766               | 14,193 
Total                                                       | $35,719 | $29,211             | $63,618

NOTE 17—SPECIAL CHARGES (RECOVERIES)
 Special charges (recoveries) include costs recoveries relate to certain restructuring initiatives we undertaken time to under our various restructuring plans, acquisition-related costs other charges.

|         | Year Ended June 30, |        
----------------------------------------------------------- | ------- | ------------------- | -------
                                                            | 2019    | 2018                | 2017   
Fiscal 2019 Restructuring Plan                              | $28,318 | $—                  | $—     
Fiscal 2018 Restructuring Plan                              | 515     | 10,154              | —

Fiscal 2017 Restructuring Plan                              | 898     | 7,207               | 33,827 
Restructuring Plans prior to Fiscal 2017 Restructuring Plan | (620)   | 279                 | (340)  
Acquisition-related costs                                   | 5,625   | 4,805               | 15,938 
Other charges (recoveries)                                  | 983     | 6,766               | 14,193 
Total                                                       | $35,719 | $29,211             | $63,618


, Title: 
Text: | _id | d1a7138d8 |
| title |  |
| text | Contractual Obligations
The following table summarizes our significant contractual obligations at March 31, 2019, and the effect such obligations are expected to have on our liquidity and cash flows in future periods (in millions):
(1) Operating lease obligations include $18.1 million of future lease payments which is recorded as a liability on the balance sheet as of March 31, 2019. This obligation is due under an operating lease from our acquisition of Atmel for a building in San Jose, California.

(2) Capital purchase obligations represent commitments for construction or purchases of property, plant and equipment. These obligations were not recorded as liabilities on our balance sheet as of March 31, 2019, as we have not yet received the related goods or taken title to the property.
(3) Other purchase obligations and commitments include payments due under various types of licenses and outstanding purchase commitments with our wafer foundries.
(4) The Term Loan Facility matures on May 29, 2025.

(5) For purposes of this table, we have assumed that the principal of our 2023 revolving loans outstanding at March 31, 2019 will be paid on May 18, 2023, which is the maturity date of such borrowings.
(6) For purposes of this table, we have assumed that the principal of our 2017 senior convertible debt will be paid on February 15, 2027, which is the maturity date of such debt.

(7) For purposes of this table, we have assumed that the principal of our 2015 Senior Convertible Debt will be paid on February 15, 2025, which is the maturity date of such debt.
(8) For purposes of this table, we have assumed that the principal of our 2017 Junior Convertible Debt will be paid on February 15, 2037, which is the maturity date of such debt.

(9) For purposes of this table, pension obligations due in more than 5 years represent the expected pension payments from 2025 through 2029. It excludes pension obligations subsequent to 2029.

(10) During fiscal 2018, we recognized a provisionary one-time transition tax on accumulated unrepatriated foreign earnings, estimated at $644.7 million, as a result of the recent U.S. tax reform. As of December 31, 2018, with the conclusion of the measurement period in accordance with SAB 118, we increased this amount by $13.1 million to $657.8 million, of which we expect cash payments of approximately $280.7 million after offsets by the utilization of various tax attribute carryforwards in the United

various tax attribute carryforwards in the United States. Our first payment on this obligation of $35.0 million was made in the quarter ended September 30, 2018 and we expect future cash payments of approximately $245.7 million. This tax is to be paid over a period of eight years, with 8% of the transition tax paid each year for fiscal 2019 through fiscal 2023, and 15%, 20%, and 25%, respectively, to be paid during fiscal 2024, 2025, and 2026.

(11) The contractual obligations do not include amounts related to uncertain tax positions because reasonable estimates cannot be made.

Purchase orders or contracts for the purchase of raw materials and other goods and services, with the exception of commitments to our wafer foundries, are not included in the table above. We are not able to determine the aggregate amount of such purchase orders that represent contractual obligations, as purchase orders may represent authorizations to purchase rather than binding agreements. For the purpose of this table, contractual obligations for the purchase of goods or services are defined as

the purchase of goods or services are defined as agreements that are enforceable and legally binding on us and that specify all significant terms, including: fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the transaction. Our purchase orders are based on our current manufacturing needs and are fulfilled by our vendors with short time horizons. We do not have significant agreements for the purchase of raw materials or other goods

for the purchase of raw materials or other goods specifying minimum quantities or set prices that exceed our expected requirements for three months. We also enter into contracts for outsourced services; however, the obligations under these contracts were not significant and the contracts generally contain clauses allowing for cancellation without significant penalty.

The expected timing of payment of the obligations discussed above is estimated based on current information. Timing of payments and actual amounts paid may be different depending on the time of receipt of goods or services or changes to agreed-upon amounts for some obligations.

|           |                  | Payments Due by Period |             |                  
---------------------------------------------- | --------- | ---------------- | ---------------------- | ----------- | -----------------
                                               | Total     | Less than 1 year | 1 – 3 years            | 3 – 5 years | More than 5 years

Operating lease obligations (1)                | $167.1    | $49.0            | $68.4                  | $27.1       | $22.6            
Capital purchase obligations (2)               | 18.8      | 18.8             | —                      | —           | —                
Other purchase obligations and commitments (3) | 205.6     | 194.9            | 10.5                   | 0.2         | —

Term Loan Facility (4)                         | 2,435.4   | 72.5             | 174.7                  | 174.4       | 2,013.8          
Revolving Credit Facility (5)                  | 3,879.0   | 147.0            | 294.0                  | 3,438.0     | —                
2023 and 2021 Senior Notes                     | 2,293.0   | 82.5             | 1,145.5                | 1,065.0     | —

2017 Senior Convertible Debt (6)               | 2,339.1   | 33.6             | 67.3                   | 67.3        | 2,170.9          
2015 Senior Convertible Debt (7)               | 1,893.2   | 28.0             | 56.1                   | 56.1        | 1,753.0          
2017 Junior Convertible Debt (8)               | 964.0     | 15.4             | 30.9                   | 30.9        | 886.8

Pension obligations (9)                        | 20.7      | 1.3              | 3.4                    | 4.1         | 11.9             
Transition tax obligation (10)                 | 245.7     | 9.9              | 44.9                   | 64.6        | 126.3            
Total contractual obligations (11)             | $14,461.6 | $652.9           | $1,895.7               | $4,927.7    | $6,985.3

Contractual Obligations
 following table summarizes our significant contractual obligations at March 31, 2019, and effect obligations expected on our liquidity and cash flows in future periods (in millions):
 (1) Operating lease obligations include $18. 1 million of future lease payments recorded as a liability on balance sheet as of March 31, 2019. obligation due under operating lease from our acquisition of Atmel for building in San Jose, California.

(2) Capital purchase obligations represent commitments for construction or purchases of property, plant and equipment. obligations not recorded as liabilities on balance sheet as of March 31, 2019, not yet received related goods or taken title to property.
 (3) Other purchase obligations and commitments include payments due under various licenses and outstanding purchase commitments with wafer foundries.
 (4) Term Loan Facility matures on May 29, 2025.

(4) Term Loan Facility matures on May 29, 2025.
 (5) For assumed principal of our 2023 revolving loans outstanding at March 31, 2019 will be paid on May 18, 2023, maturity date of borrowings.
 (6) For assumed principal of 2017 senior convertible debt will be paid on February 15, 2027, maturity date of such debt.
 (7) For, assumed principal of 2015 Senior Convertible Debt be paid on February 15, 2025, maturity date of such debt.

(8) For assumed principal of our 2017 Junior Convertible Debt will be paid on February 15, 2037, is maturity date of such debt.
 (9) For table pension obligations due in more than 5 years represent expected pension payments from 2025 through 2029. excludes pension obligations subsequent to 2029.

(10) During fiscal 2018, recognized provisionary one-time transition tax on accumulated unrepatriated foreign earnings, estimated at $644. 7 million, as result of recent U. S. tax reform.As of December 31, 2018 conclusion of measurement period with SAB 118, increased amount by $13. 1 million to $657. 8 million expect cash payments of approximately $280. 7 million after offsets by utilization of various tax attribute carryforwards in United States. first payment on obligation of $35. 0 million made in

payment on obligation of $35. 0 million made in quarter ended September 30, 2018 expect future cash payments of approximately $245. 7 million. tax to paid over period eight years 8% of transition tax paid each year for fiscal 2019 through fiscal 2023, 15%, 20%, and 25%, respectively, paid during fiscal 2024, 2025, and 2026.

(11) contractual obligations do not include amounts related to uncertain tax positions reasonable estimates cannot be made.

Purchase orders or contracts for purchase of raw materials and other goods and services, with exception of commitments to wafer foundries not included in table above. not able to determine aggregate amount of purchase orders represent contractual obligations purchase orders may represent authorizations to purchase rather than binding agreements. For table contractual obligations for purchase of goods or services defined as agreements enforceable and legally binding specify all significant terms including

binding specify all significant terms including fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; approximate timing of transaction. purchase orders based on current manufacturing needs fulfilled by vendors with short time horizons. not have significant agreements for purchase of raw materials or other goods specifying minimum quantities or set prices exceed expected requirements for three months. also enter into contracts for outsourced services; obligations under

for outsourced services; obligations under these contracts not significant contracts generally contain clauses allowing for cancellation without significant penalty.

expected timing of payment of obligations discussed above estimated based on current information.Timing of payments actual amounts paid may different depending time receipt of goods services changes to agreed-upon amounts for some obligations.

|           |                  | Payments Due by Period |             |                  
---------------------------------------------- | --------- | ---------------- | ---------------------- | ----------- | -----------------
                                               | Total     | Less than 1 year | 1 – 3 years            | 3 – 5 years | More than 5 years
Operating lease obligations (1)                | $167.1    | $49.0            | $68.4                  | $27.1       | $22.6

Capital purchase obligations (2)               | 18.8      | 18.8             | —                      | —           | —                
Other purchase obligations and commitments (3) | 205.6     | 194.9            | 10.5                   | 0.2         | —                
Term Loan Facility (4)                         | 2,435.4   | 72.5             | 174.7                  | 174.4       | 2,013.8

Revolving Credit Facility (5)                  | 3,879.0   | 147.0            | 294.0                  | 3,438.0     | —                
2023 and 2021 Senior Notes                     | 2,293.0   | 82.5             | 1,145.5                | 1,065.0     | —                
2017 Senior Convertible Debt (6)               | 2,339.1   | 33.6             | 67.3                   | 67.3        | 2,170.9

2015 Senior Convertible Debt (7)               | 1,893.2   | 28.0             | 56.1                   | 56.1        | 1,753.0          
2017 Junior Convertible Debt (8)               | 964.0     | 15.4             | 30.9                   | 30.9        | 886.8            
Pension obligations (9)                        | 20.7      | 1.3              | 3.4                    | 4.1         | 11.9

Transition tax obligation (10)                 | 245.7     | 9.9              | 44.9                   | 64.6        | 126.3            
Total contractual obligations (11)             | $14,461.6 | $652.9           | $1,895.7               | $4,927.7    | $6,985.3


, Title: 
Text: | _id | d82cf69e0 |
| title |  |
| text | Consolidated gold sales are expected to increase to approximately 495,000 to 530,000 ounces in 2008 mainly due to the processing of higher grade material.
Costs applicable to sales of approximately $485 to $520 per ounce is expected for 2008.
The expected increase is mainly due to higher fuel, power, contract services and consumable costs.

During 2007, Newmont and other gold companies with production in Ghana, formed a consortium to import power generation equipment and constructed an 80 mega-watt power plant.
The plant was completed during the fourth quarter of 2007 and is being commissioned.

As a result of the mining industrys initiative to install the power plant, the Ghanaian government has agreed, if required to curtail power consumption as a result of power shortages, to distribute power proportionately between participating mines and other industrial and commercial customers.

Consolidated gold sales expected to increase to approximately 495,000 to 530,000 ounces in 2008 mainly due to processing of higher grade material.
 Costs applicable to sales of approximately $485 to $520 per ounce expected for 2008.
 expected increase mainly due to higher fuel, power contract services consumable costs.
 2007, Newmont other gold companies with production in Ghana formed consortium to import power generation equipment constructed 80 mega-watt power plant.

plant completed fourth quarter of 2007 being commissioned.
 result mining industrys initiative to install power plant Ghanaian government agreed if required to curtail power consumption power shortages to distribute power proportionately between participating mines other industrial commercial customers.


, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: | _id | qd4984476 |
| title |  |
| text | what is the value of the company 2019s purchased distressed loan portfolio in 2010?

value of company 2019s purchased distressed loan portfolio in 2010?



sentences: Title: 
Text: | _id | d1a73ee34 |
| title |  |
| text | AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
2018 Transactions
During the year ended December 31, 2019, the allocation of the final purchase price for the acquisition of Idea Cellular Infrastructure Services Limited was finalized with no material post-closing adjustments. During the year ended December 31, 2019, there were no material post-closing adjustments that impacted other 2018 acquisitions.

Pro Forma Consolidated Results (Unaudited)

The following table presents the unaudited pro forma financial results as if the 2019 acquisitions had occurred on January 1, 2018 and the 2018 acquisitions had occurred on January 1, 2017. The pro forma results do not include any anticipated cost synergies, costs or other integration impacts. Accordingly, such pro forma amounts are not necessarily indicative of the results that actually would have occurred had the transactions been completed on the dates indicated, nor are they indicative of the future

indicated, nor are they indicative of the future operating results of the Company.

| Year Ended December 31, |         
----------------------------------------------------------------------------------- | ----------------------- | --------
                                                                                    | 2019                    | 2018    
Pro forma revenues                                                                  | $7,904.2                | $7,936.0

Pro forma net income attributable to American Tower Corporation common stockholders | $1,844.9                | $1,122.6
Pro forma net income per common share amounts:                                      |                         |         
Basic net income attributable to American Tower Corporation common stockholders     | $4.17                   | $2.55   
Diluted net income attributable to American Tower Corporation common stockholders   | $4.14                   | $2.53

AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
 2018 Transactions
 year ended December 31, 2019, allocation of final purchase price for acquisition of Idea Cellular Infrastructure Services Limited finalized with no material post-closing adjustments. year ended December 31, 2019 no material post-closing adjustments impacted other 2018 acquisitions.
 Pro Forma Consolidated Results (Unaudited)

Pro Forma Consolidated Results (Unaudited)
 following table presents unaudited pro forma financial results as if 2019 acquisitions occurred on January 1, 2018 and 2018 acquisitions occurred January 1, 2017. pro forma results not include anticipated cost synergies, costs or other integration impacts. pro forma amounts not necessarily indicative of results occurred transactions completed on dates indicated, nor indicative of future operating results of Company.

| Year Ended December 31, |         
----------------------------------------------------------------------------------- | ----------------------- | --------
                                                                                    | 2019                    | 2018    
Pro forma revenues                                                                  | $7,904.2                | $7,936.0

Pro forma net income attributable to American Tower Corporation common stockholders | $1,844.9                | $1,122.6
Pro forma net income per common share amounts:                                      |                         |         
Basic net income attributable to American Tower Corporation common stockholders     | $4.17                   | $2.55   
Diluted net income attributable to American Tower Corporation common stockholders   | $4.14                   | $2.53


, Title: 
Text: | _id | dd49753cc |
| title |  |
| text | included in the corporate and consumer loan tables above are purchased distressed loans , which are loans that have evidenced significant credit deterioration subsequent to origination but prior to acquisition by citigroup .
in accordance with sop 03-3 , the difference between the total expected cash flows for these loans and the initial recorded investments is recognized in income over the life of the loans using a level yield .

accordingly , these loans have been excluded from the impaired loan information presented above .
in addition , per sop 03-3 , subsequent decreases to the expected cash flows for a purchased distressed loan require a build of an allowance so the loan retains its level yield .

however , increases in the expected cash flows are first recognized as a reduction of any previously established allowance and then recognized as income prospectively over the remaining life of the loan by increasing the loan 2019s level yield .
where the expected cash flows cannot be reliably estimated , the purchased distressed loan is accounted for under the cost recovery method .

the carrying amount of the company 2019s purchased distressed loan portfolio at december 31 , 2010 was $ 392 million , net of an allowance of $ 77 million as of december 31 , 2010 .
the changes in the accretable yield , related allowance and carrying amount net of accretable yield for 2010 are as follows : in millions of dollars accretable carrying amount of loan receivable allowance .

in millions of dollars                 | accretable yield | carrying amount of loan receivable | allowance 
-------------------------------------- | ---------------- | ---------------------------------- | ----------
beginning balance                      | $ 27             | $ 920                              | $ 95      
purchases ( 1 )                        | 1                | 130                                | 2014

disposals/payments received            | -11 ( 11 )       | -594 ( 594 )                       | 2014      
accretion                              | -44 ( 44 )       | 44                                 | 2014      
builds ( reductions ) to the allowance | 128              | 2014                               | -18 ( 18 )
increase to expected cash flows        | -2 ( 2 )         | 19                                 | 2014

fx/other                               | 17               | -50 ( 50 )                         | 2014      
balance at december 31 2010 ( 2 )      | $ 116            | $ 469                              | $ 77

( 1 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 130 million of purchased loans accounted for under the level-yield method and $ 0 under the cost-recovery method .
these balances represent the fair value of these loans at their acquisition date .
the related total expected cash flows for the level-yield loans were $ 131 million at their acquisition dates .

( 2 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 315 million of loans accounted for under the level-yield method and $ 154 million accounted for under the cost-recovery method.

in corporate consumer loan tables are purchased distressed loans  loans evidenced significant credit deterioration subsequent to origination prior to acquisition by citigroup.
 with sop 03-3  difference between total expected cash flows for these loans and initial recorded investments is recognized in income over life of loans using level yield.
 these loans excluded from impaired loan information.

per sop 03-3  subsequent decreases to expected cash flows for purchased distressed loan require build of allowance so loan retains level yield.
 increases in expected cash flows first recognized as reduction of established allowance and then recognized as income prospectively over remaining life loan by increasing loan 2019s level yield.
 where expected cash flows cannot be reliably estimated purchased distressed loan is accounted for under cost recovery method.

carrying amount of company 2019s purchased distressed loan portfolio at december 31, 2010 was $ 392 million , net of allowance of $ 77 million as of december 31 , 2010.
 changes in accretable yield , related allowance and carrying amount net of accretable yield for 2010 are as follows : in millions of dollars accretable carrying amount of loan receivable allowance.

balance reported in column 201ccarrying amount of loan receivable 201d consists of $ 130 million of purchased loans accounted for under level-yield method and $ 0 under cost-recovery method.
 these balances represent fair value of loans at acquisition date.
 total expected cash flows for level-yield loans were $ 131 million at acquisition dates.

balance in column 201ccarrying amount of loan receivable 201d consists of $ 315 million of loans accounted for under level-yield method and $ 154 million accounted for under cost-recovery method.

in millions of dollars                 | accretable yield | carrying amount of loan receivable | allowance
-------------------------------------- | ---------------- | ---------------------------------- | ----------
beginning balance                      | $ 27             | $ 920                              | $ 95
purchases ( 1 )                        | 1                | 130                                | 2014

disposals/payments received            | -11 ( 11 )       | -594 ( 594 )                       | 2014
accretion                              | -44 ( 44 )       | 44                                 | 2014
builds ( reductions ) to the allowance | 128              | 2014                               | -18 ( 18 )
increase to expected cash flows        | -2 ( 2 )         | 19                                 | 2014

fx/other                               | 17               | -50 ( 50 )                         | 2014
balance at december 31 2010 ( 2 )      | $ 116            | $ 469                              | $ 77


, Title: 
Text: | _id | d824b7f4a |
| title |  |
| text | OTHER CONTINGENCIES — INDEMNIFICATIONS Equatorial Guinea Tax Claim: In 2004, we received a request for indemnification from the purchaser of CMS Oil and Gas.
The indemnification claim relates to the sale of our oil, gas and methanol projects in Equatorial Guinea and the claim of the government of Equatorial Guinea that we owe $142 million in taxes in connection with that sale.

CMS Energy concluded that the government’s tax claim is without merit and the purchaser of CMS Oil and Gas submitted a response to the government rejecting the claim.
The government of Equatorial Guinea has indicated that it still intends to pursue its claim.
We cannot predict the financial impact or outcome of this matter.
Moroccan Tax Claim: In May 2007, we sold our 50 percent interest in Jorf Lasfar.

As part of the sale agreement, we agreed to indemnify the purchaser for 50 percent of any tax assessments on Jorf Lasfar attributable to tax years prior to the sale.
In December 2007, the Moroccan tax authority concluded its audit of Jorf Lasfar for tax years 2003 through 2005.
The audit asserted deficiencies in certain corporate and withholding taxes.

In January 2009, we paid $18 million, which was charged against a tax indemnification liability established when we recorded the sale of Jorf Lasfar, and accordingly it did not affect earnings.

Marathon Indemnity Claim regarding F. T.  Barr Claim: On December 3, 2001, F.  T.  Barr, an individual with an overriding royalty interest in production from the Alba field, filed a lawsuit in Harris County District Court in Texas against CMS Energy, CMS Oil and Gas and other defendants alleging that his overriding royalty payments related to Alba field production were improperly calculated.

CMS Oil and Gas believes that Barr was paid properly on gas sales and that he was not entitled to the additional overriding royalty payment sought.
All parties signed a confidential settlement agreement on April 26, 2004.
The settlement resolved claims between Barr and the defendants, and the involved CMS Energy entities reserved all defenses to any indemnity claim relating to the settlement.

There is disagreement between Marathon and certain current or former CMS Energy entities as to the existence and scope of any indemnity obligations to Marathon in connection with the settlement.
Between April 2005 and April 2008, there were no further communications between Marathon and CMS Energy entities regarding this matter.
In April 2008, Marathon indicated its intent to pursue the indemnity claim.

Present and former CMS Energy entities and Marathon entered into an agreement tolling the statute of limitations on any claim by Marathon under the indemnity.
CMS Energy entities dispute Marathon’s claim, and will vigorously oppose it if raised in any legal proceeding.
CMS Energy entities also will assert that Marathon has suffered minimal, if any, damages.
CMS Energy cannot predict the outcome of this matter.

If Marathon’s claim were sustained, it would have a material effect on CMS Energy’s future earnings and cash flow.

OTHER CONTINGENCIES — INDEMNIFICATIONS Equatorial Guinea Tax Claim: 2004, we received request for indemnification from purchaser of CMS Oil and Gas.
 indemnification claim relates to sale of our oil, gas methanol projects in Equatorial Guinea claim of government of Equatorial Guinea we owe $142 million in taxes connection with sale.
 CMS Energy concluded government’s tax claim without merit purchaser CMS Oil and Gas submitted response to government rejecting claim.

government of Equatorial Guinea still intends to pursue claim.
 cannot predict financial impact or outcome of matter.
 Moroccan Tax Claim: May 2007, we sold 50 percent interest in Jorf Lasfar.
 sale agreement agreed to indemnify purchaser for 50 percent of tax assessments on Jorf Lasfar attributable to tax years prior to sale.
 December 2007, Moroccan tax authority concluded audit of Jorf Lasfar for tax years 2003 through 2005.
 audit asserted deficiencies in corporate and withholding taxes.

January 2009, paid $18 million charged against tax indemnification liability established recorded sale Jorf Lasfar did not affect earnings.
 Marathon Indemnity Claim regarding F. T. Barr Claim: December 3, 2001, F. T. Barr, individual with overriding royalty interest in production from Alba field filed lawsuit in Harris County District Court in Texas against CMS Energy, CMS Oil and Gas other defendants alleging overriding royalty payments related to Alba field production were improperly calculated.

CMS Oil and Gas believes Barr was paid properly on gas sales not entitled to additional overriding royalty payment sought.
 parties signed confidential settlement agreement on April 26, 2004.
 settlement resolved claims between Barr defendants involved CMS Energy entities reserved all defenses to any indemnity claim relating to settlement.
disagreement between Marathon and current or former CMS Energy entities to existence scope of indemnity obligations to Marathon in connection with settlement.

Between April 2005 and April 2008, no further communications between Marathon and CMS Energy entities regarding this matter.
 In April 2008, Marathon indicated intent to pursue indemnity claim.
 Present former CMS Energy entities and Marathon entered agreement tolling statute of limitations on any claim by Marathon under indemnity.
 CMS Energy entities dispute Marathon’s claim vigorously oppose it if raised in legal proceeding.
 CMS Energy entities assert Marathon suffered minimal, if, damages.

CMS Energy cannot predict outcome matter.
 If Marathon’s claim sustained material effect on CMS Energy’s future earnings and cash flow.


, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: | _id | q83b376e4 |
| title |  |
| text | what was the change in the weighted average interest rate earned by the company on its cash , cash equivalents , and short-term investments between 2007 and 2006?

change in weighted average interest rate earned by company on its cash , cash equivalents short-term investments between 2007 and 2006?



sentences: Title: 
Text: | _id | d8366a422 |
| title |  |
| text | |  | Three Months Ended During 2008 |
|  | March 31 | June 30 | September 30 | December 31 |
|  | (in thousands, except share data, unaudited) |
| Total revenues | $245,052 | $249,054 | $268,447 | $263,265 |
| Income before income taxes, equity income from unconsolidated joint ventures and minority interests' share in earnings | 37,495 | 43,976 | 100,211 | 44,876 |
| Total discontinued operations | 19,457 | 194,018 | 30,450 | 241 |

| Net income applicable to common shares | 45,129 | 227,012 | 120,135 | 35,089 |
| Dividends paid per common share | 0.455 | 0.455 | 0.455 | 0.455 |
| Basic earnings per common share | 0.21 | 0.97 | 0.49 | 0.14 |
| Diluted earnings per common share | 0.21 | 0.96 | 0.49 | 0.14 |
The following table summarizes our outstanding interest rate swap contracts as of December 31, 2010 (dollars in thousands):

|  | Three Months Ended During 2008 |
|  | March 31 | June 30 | September 30 | December 31 |
|  | (in thousands, except share data, unaudited) |
| Total revenues | $245,052 | $249,054 | $268,447 | $263,265 |
| Income before income taxes, equity income from unconsolidated joint ventures and minority interests' share in earnings | 37,495 | 43,976 | 100,211 | 44,876 |
| Total discontinued operations | 19,457 | 194,018 | 30,450 | 241 |

| Net income applicable to common shares | 45,129 | 227,012 | 120,135 | 35,089 |
| Dividends paid per common share | 0.455 | 0.455 | 0.455 | 0.455 |
| Basic earnings per common share | 0.21 | 0.97 | 0.49 | 0.14 |
| Diluted earnings per common share | 0.21 | 0.96 | 0.49 | 0.14 |


, Title: 
Text: | _id | d815e5b7a |
| title |  |
| text | countries which totaled between .75% and 1% of our consolidated total assets at December 31, 2009 amounted to $1.26 billion (Italy).
Aggregate cross-border outstandings to countries which totaled between .75% and 1% of our consolidated total assets at December 31, 2008 amounted to $3.45 billion (Canada and Germany).
There were no cross-border outstandings to countries which totaled between .75% and 1% of our consolidated total assets as of December 31, 2007.

Capital The management of regulatory and economic capital both involve key metrics evaluated by management to assess whether our actual level of capital is commensurate with our risk profile, is in compliance with all regulatory requirements, and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives.

Regulatory Capital Our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs, including funding corporate growth and supporting customers cash management needs, and to provide protection against loss to depositors and creditors.

We strive to maintain an optimal level of capital, commensurate with our risk profile, on which an attractive return to shareholders is expected to be realized over both the short and long term, while protecting our obligations to depositors and creditors and satisfying regulatory capital adequacy requirements.

Our capital management process focuses on our risk exposures, our regulatory capital requirements, the evaluations of the major independent credit rating agencies that assign ratings to our public debt and our capital position relative to our peers.

Our Capital Committee, working in conjunction with our Asset and Liability Committee, referred to as ALCO, oversees the management of regulatory capital, and is responsible for ensuring capital adequacy with respect to regulatory requirements, internal targets and the expectations of the major independent credit rating agencies.
The primary regulator of both State Street and State Street Bank for regulatory capital purposes is the Federal Reserve.

Both State Street and State Street Bank are subject to the minimum capital requirements established by the Federal Reserve and defined in the Federal Deposit Insurance Corporation Improvement Act of 1991.
State Street Bank must meet the regulatory capital thresholds for well capitalized in order for the parent company to maintain its status as a financial holding company.

Regulatory capital ratios and related regulatory guidelines for State Street and State Street Bank were as follows as of December 31:
|  | REGULATORY GUIDELINES | STATE STREET | STATE  STREET  BANK |
|  | Minimum | Well Capitalized | 2009 | 2008 -2 | 2009 | 2008-2 |
| Regulatory capital ratios: |  |  |  |  |  |  |
| Tier 1 risk-based capital | 4% | 6% | 17.7% | 20.3% | 17.3% | 19.8% |
| Total risk-based capital | 8 | 10 | 19.1 | 21.6 | 19.0 | 21.3 |

| Tier 1 leverage ratio-1 | 4 | 5 | 8.5 | 7.8 | 8.2 | 7.6 |
(1) Regulatory guideline for well capitalized applies only to State Street Bank.
(2) Tier 1 and total risk-based capital and tier 1 leverage ratios exclude the impact, where applicable, of the asset-backed commercial paper purchased under the Federal Reserves AMLF, as permitted by the AMLFs terms and conditions.

At December 31, 2009, State Streets and State Street Banks tier 1 and total risk-based capital ratios decreased compared to year-end 2008.
With respect to State Street, the loss associated with the May 2009 conduit consolidation and the June 2009 redemption of the equity received from the U. S.  Treasury in connection with the TARP Capital Purchase Program, partly offset by the aggregate impact of the May 2009 public offering

MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued) on a number of factors, including, but not limited to, the level of housing prices and the timing of defaults.
To the extent that such factors differ significantly from management's current expectations, resulting loss estimates may differ materially from those stated.

Excluding other-than-temporary impairment recorded in 2014, management considers the aggregate decline in fair value of the remaining investment securities and the resulting gross unrealized losses as of December 31, 2014 to be temporary and not the result of any material changes in the credit characteristics of the securities.

Additional information about these gross unrealized losses is provided in note 3 to the consolidated financial statements included under Item 8 of this Form 10-K.  Loans and Leases TABLE 26: U. S.  AND NON- U. S.  LOANS AND LEASES

countries totaled between. 75% and 1% of consolidated total assets at December 31, 2009 amounted to $1. 26 billion (Italy).
 Aggregate cross-border outstandings to countries totaled between. 75% and 1% of consolidated total assets at December 31, 2008 amounted to $3. 45 billion (Canada and Germany).
 no cross-border outstandings to countries totaled between. 75% and 1% of consolidated total assets as of December 31, 2007.

Capital management of regulatory and economic capital involve key metrics evaluated by management to assess actual level of capital commensurate with risk profile in compliance with regulatory requirements, sufficient to provide financial flexibility to undertake future strategic business initiatives.

Regulatory Capital objective regulatory capital management is to maintain strong capital base to provide financial flexibility for business needs including funding corporate growth supporting customers cash management needs provide protection against loss to depositors and creditors.

strive to maintain optimal level of capital commensurate with risk profile attractive return to shareholders expected to be realized over short and long term while protecting obligations to depositors and creditors satisfying regulatory capital adequacy requirements.
 capital management process focuses on risk exposures, regulatory capital requirements evaluations of major independent credit rating agencies assign ratings to public debt and capital position relative to peers.

Capital Committee, with Asset and Liability Committee as ALCO, oversees management of regulatory capital responsible for ensuring capital adequacy with regulatory requirements, internal targets expectations of major independent credit rating agencies.
 primary regulator of State Street and State Street Bank for regulatory capital purposes is Federal Reserve.

Both State Street Bank subject to minimum capital requirements established by Federal Reserve defined in Federal Deposit Insurance Corporation Improvement Act of 1991.
State Street Bank must meet regulatory capital thresholds for well capitalized for parent company to maintain status as financial holding company.
 Regulatory capital ratios related regulatory guidelines for State Street and State Street Bank were as of December 31:

(2) Tier 1 total risk-based capital tier 1 leverage ratios exclude impact of asset-backed commercial paper purchased under Federal Reserves AMLF, as permitted by AMLFs terms and conditions.
 At December 31, 2009, State Streets and State Street Banks tier 1 total risk-based capital ratios decreased compared to year-end 2008.

State Street, loss associated with May 2009 conduit consolidation June 2009 redemption of equity received from U. S. Treasury in TARP Capital Purchase Program partly offset by impact of May 2009 public offering
 MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued) on factors, including level of housing prices timing of defaults.
 such factors differ from management's current expectations, loss estimates may differ materially from stated.

Excluding-temporary impairment recorded in 2014, management considers aggregate decline in fair value of remaining investment securities resulting gross unrealized losses as of December 31, 2014 to be temporary not result of material changes in credit characteristics of securities.
 Additional information about gross unrealized losses provided in note 3 to consolidated financial statements under Item 8 of Form 10-K. Loans and Leases TABLE 26: U. S. AND NON- U. S. LOANS AND LEASES

|  | REGULATORY GUIDELINES | STATE STREET | STATE  STREET  BANK |
|  | Minimum | Well Capitalized | 2009 | 2008 -2 | 2009 | 2008-2 |
| Regulatory capital ratios: |  |  |  |  |  |  |
| Tier 1 risk-based capital | 4% | 6% | 17.7% | 20.3% | 17.3% | 19.8% |
| Total risk-based capital | 8 | 10 | 19.1 | 21.6 | 19.0 | 21.3 |
| Tier 1 leverage ratio-1 | 4 | 5 | 8.5 | 7.8 | 8.2 | 7.6 |


, Title: 
Text: | _id | d81128434 |
| title |  |
| text | |  | 2016 | 2015 | 2014 |
| Weighted-average assumptions: |  |  |  |
| Expected volatility | 39% | 31% | 33% |
| Expected term of stock options | 4.3 Years | 4.3 Years | 4.3 Years |
| Risk-free interest rate | 1.2% | 1.5% | 1.3% |
| Expected dividend yield | 3.3% | 1.9% | 1.6% |
| Weighted-average grant date fair value | $8.97 | $13.99 | $12.77 |

The expected volatility of our stock options is based on the combination of the historical volatility of our common stock and implied volatilities of exchange traded options on our common stock.
The expected term of options is estimated based on our historical exercise experience, post-vesting employment termination behavior and the contractual term.
The risk-free interest rate is based on the U. S.  Treasury Strip yield curve in effect at the time of grant for the expected term of the options.

expected term of options estimated based on historical exercise experience, post-vesting employment termination behavior contractual term.
 risk-free interest rate based on U. S. Treasury Strip yield curve in effect at time of grant for expected term of options.

|  | 2016 | 2015 | 2014 |
| Weighted-average assumptions: |  |  |  |
| Expected volatility | 39% | 31% | 33% |
| Expected term of stock options | 4.3 Years | 4.3 Years | 4.3 Years |
| Risk-free interest rate | 1.2% | 1.5% | 1.3% |
| Expected dividend yield | 3.3% | 1.9% | 1.6% |
| Weighted-average grant date fair value | $8.97 | $13.99 | $12.77 |


, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: | _id | q83c2a93e |
| title |  |
| text | in 2006 what was the total amount authorized by the board of directors authorized for the repurchase of shares in billions

in 2006 total amount authorized by board of directors authorized for repurchase of shares in billions



sentences: Title: 
Text: | _id | JNJ20230235 |
| title |  |
| text | (h)Mr. J. Swanson was appointed Executive Vice President, Chief Information Officer and a member of the Executive Committee in 2022. He rejoined the Company in 2019 as Chief Information Officer of Johnson & Johnson from Bayer Crop Science, where he served as a member of the Executive Leadership Team and as Chief Information Officer and Head of Digital Transformation. From 1996 to 2005, Mr. Swanson held positions of increasing responsibility at the Company, including Project Manager, Director IT, Sr.

including Project Manager, Director IT, Sr. Director IT and Vice President, Chief Information Officer.

(h)Mr. J. Swanson appointed Executive Vice President Chief Information Officer member of Executive Committee 2022. rejoined Company 2019 as Chief Information Officer of Johnson & Johnson from Bayer Crop Science served member of Executive Leadership Team Chief Information Officer Head of Digital Transformation. From 1996 to 2005, Mr. Swanson held positions increasing responsibility at Company including Project Manager, Director IT, Sr. Director IT Vice President, Chief Information Officer.


, Title: 
Text: | _id | d815ddb0a |
| title |  |
| text | Income Taxes 2017 Tax Act: The President signed U. S.  tax reform legislation (2017 Tax Act) on December 22, 2017, which is considered the enactment date.
The 2017 Tax Act includes a broad range of provisions, many of which significantly differ from those contained in previous U. S.  tax law.
Changes in tax law are accounted for in the period of enactment.
As such, our 2017 consolidated financial statements reflect the immediate tax effect of the 2017 Tax Act.

The 2017 Tax Act contains several key provisions including, among other things: ?
a one-time tax on the mandatory deemed repatriation of post-1986 untaxed foreign earnings and profits (E&P), referred to as the toll charge; ?
a reduction in the corporate income tax rate from 35 percent to 21 percent for tax years beginning after December 31, 2017; ?

the introduction of a new U. S.  tax on certain off-shore earnings referred to as global intangible low-taxed income (GILTI) at an effective tax rate of 10.5 percent for tax years beginning after December 31, 2017 (increasing to 13.125 percent for tax years beginning after December 31, 2025), with a partial offset by foreign tax credits; and ?

the introduction of a territorial tax system beginning in 2018 by providing a 100 percent dividend received deduction on certain qualified dividends from foreign subsidiaries.
During the fourth quarter of 2017, we recorded an income tax benefit of $1,272.4 million, which was comprised of the following: ?
income tax benefit of $715.0 million for the one-time deemed repatriation of foreign earnings.

This is composed of a $1,181.0 million benefit from the removal of a deferred tax liability we had recorded for the repatriation of foreign earnings prior to the 2017 Tax Act offset by $466.0 million for the toll charge recognized under the 2017 Tax Act.
In accordance with the 2017 Tax Act, we expect to elect to pay the toll charge in installments over eight years.

As of December 31, 2017, we have recorded current and non-current income tax liabilities related to the toll charge of $82.0 million and $384.0 million, respectively.  ?
an income tax benefit of $557.4 million, primarily related to the remeasurement of our deferred tax assets and liabilities at the enacted corporate income tax rate of 21 percent.

The net benefit recorded was based on currently available information and interpretations made in applying the provisions of the 2017 Tax Act as of the time of filing this Annual Report on Form 10-K.  We further refined our estimates related to the impact of the 2017 Tax Act subsequent to the issuance of our earnings release for the fourth quarter of 2017.

In accordance with authoritative guidance issued by the SEC, the income tax effect for certain aspects of the 2017 Tax Act represent provisional amounts for which our accounting is incomplete, but with respect to which a reasonable estimate could be determined and recorded during the fourth quarter of 2017.

The actual effects of the 2017 Tax Act and final amounts recorded may differ materially from our current estimate of provisional amounts due to, among other things, further interpretive guidance that may be issued by U. S.  tax authorities or regulatory bodies, including the SEC and the FASB.

We will continue to analyze the 2017 Tax Act and any additional guidance that may be issued so we can finalize the full effects of applying the new legislation on our financial statements in the measurement period, which ends in the fourth quarter of 2018.
We continue to evaluate the impacts of the 2017 Tax Act and consider the amounts recorded to be provisional.

In addition, we are still evaluating the GILTI provisions of the 2017 Tax Act and their impact, if any, on our consolidated financial statements as of December 31, 2017.
The FASB allows companies to adopt an accounting policy to either recognize deferred taxes for GILTI or treat such as a tax cost in the year incurred.

We have not yet determined which accounting policy to adopt because determining the impact of the GILTI provisions requires analysis of our existing legal entity structure, the reversal of our U. S.  GAAP and U. S.  tax basis differences in the assets and liabilities of our foreign subsidiaries, and our ability to offset any tax with foreign tax credits.
As such, we did not record a deferred income tax

Income Taxes 2017 Tax Act: President signed U. S. tax reform legislation (2017 Tax Act) on December 22, 2017 considered enactment date.
 2017 Tax Act includes broad provisions many differ from previous U. S. tax law.
 Changes in tax law accounted for in period of enactment.
 2017 consolidated financial statements reflect immediate tax effect of 2017 Tax Act.
 2017 Tax Act contains key provisions including ?

2017 Tax Act contains key provisions including ?
 one-time tax on mandatory deemed repatriation of post-1986 untaxed foreign earnings and profits referred toll charge ?
 reduction in corporate income tax rate from 35 percent to 21 percent for tax years after December 31, 2017 ?

introduction of new U. S. tax on certain off-shore earnings as global intangible low-taxed income (GILTI) at effective tax rate of 10. 5 percent for tax years beginning after December 31, 2017 (increasing to 13. 125 percent for tax years after December 31, 2025), partial offset by foreign tax credits ?
 introduction of territorial tax system beginning in 2018 providing 100 percent dividend received deduction on certain qualified dividends from foreign subsidiaries.

During fourth quarter of 2017 recorded income tax benefit of $1,272. 4 million of ?
 income tax benefit of $715. 0 million for one-time deemed repatriation of foreign earnings.
 composed of $1,181. 0 million benefit from removal of deferred tax liability for repatriation of foreign earnings prior to 2017 Tax Act offset by $466. 0 million for toll charge recognized under 2017 Tax Act.
 In accordance with 2017 Tax Act expect to elect to pay toll charge in installments over eight years.

As of December 31, 2017 recorded current and non-current income tax liabilities related to toll charge of $82. 0 million and $384.0 million, respectively. ?
 income tax benefit of $557. 4 million, primarily related to remeasurement of deferred tax assets and liabilities at enacted corporate income tax rate of 21 percent.

net benefit recorded based on available information and interpretations in applying provisions of 2017 Tax Act as of time of filing this Annual Report on Form 10-K. refined estimates related to impact of 2017 Tax Act subsequent to issuance of earnings release for fourth quarter of 2017.

In accordance with authoritative guidance by SEC, income tax effect for certain aspects of 2017 Tax Act represent provisional amounts for accounting is incomplete, but to reasonable estimate could be determined and recorded during fourth quarter of 2017.
 actual effects of 2017 Tax Act and final amounts recorded may differ materially from current estimate of provisional amounts due to further interpretive guidance issued by U. S. tax authorities or regulatory bodies, including SEC and FASB.

will continue to analyze 2017 Tax Act and additional guidance issued can finalize full effects of applying new legislation on financial statements in measurement period, ends in fourth quarter of 2018.
 continue to evaluate impacts of 2017 Tax Act and consider amounts recorded to be provisional.
 In, still evaluating GILTI provisions of 2017 Tax Act and impact if, on consolidated financial statements as of December 31, 2017.

FASB allows companies to adopt accounting policy to recognize deferred taxes for GILTI or treat such as tax cost in year incurred.
 not yet determined which accounting policy to adopt because determining impact of GILTI provisions requires analysis of existing legal entity structure, reversal of U. S. GAAP and U. S. tax basis differences in assets and liabilities of foreign subsidiaries, and ability to offset tax with foreign tax credits.
, we did not record deferred income tax


, Title: 
Text: | _id | d828efc52 |
| title |  |
| text | Item 1B.
Unresolved Staff Comments.
None.
Item 2.
Properties.3Ms general offices, corporate research laboratories, and certain division laboratories are located in St.  Paul, Minnesota.
In the United States, 3M has nine sales offices in eight states and operates 74 manufacturing facilities in 27 states.
Internationally, 3M has 148 sales offices.

Internationally, 3M has 148 sales offices.
The Company operates 93 manufacturing and converting facilities in 32 countries outside the United States.3M owns substantially all of its physical properties.3Ms physical facilities are highly suitable for the purposes for which they were designed.
Because 3M is a global enterprise characterized by substantial intersegment cooperation, properties are often used by multiple business segments.
Item 3.
Legal Proceedings.

Item 3.
Legal Proceedings.
Discussion of legal matters is incorporated by reference from Part II, Item 8, Note 13, Commitments and Contingencies, of this document, and should be considered an integral part of Part I, Item 3, Legal Proceedings.
 Item 4.
Submission of Matters to a Vote of Security Holders.
None in the quarter ended December 31, 2007.
PART II Item 5.
Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Equity compensation plans information is incorporated by reference from Part III, Item 12, Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters, of this document, and should be considered an integral part of Item 5.
At January 31, 2008, there were approximately 121,302 shareholders of record.3Ms stock is listed on the New York Stock Exchange, Inc.  (NYSE), the Chicago Stock Exchange, Inc. , and the SWX Swiss Exchange.

Cash dividends declared and paid totaled $.48 per share for each quarter of 2007, and $.46 per share for each quarter of 2006.
Stock price comparisons follow:

Item 1B.
 Unresolved Staff Comments.
 None.
 Item 2.
 Properties. 3Ms general offices corporate research laboratories division laboratories located in St. Paul, Minnesota.
 United States 3M has nine sales offices in eight states operates 74 manufacturing facilities in 27 states.
 Internationally 3M has 148 sales offices.

Internationally 3M has 148 sales offices.
 Company operates 93 manufacturing converting facilities in 32 countries outside United States. 3M owns all physical properties. 3Ms physical facilities suitable for purposes designed.
 3M global enterprise substantial intersegment cooperation properties used by multiple business segments.
 Item 3.
 Legal Proceedings.

Item 3.
 Legal Proceedings.
 Discussion of legal matters incorporated reference from Part II, Item 8, Note 13, Commitments and Contingencies document integral part of Part I, Item 3, Legal Proceedings.
 Item 4.
 Submission of Matters to Vote of Security Holders.
 None in quarter ended December 31, 2007.
 PART II Item 5.
 Market for Registrants Common Equity Related Stockholder Matters Issuer Purchases of Equity Securities.

Equity compensation plans information incorporated reference from Part III, Item 12, Security Ownership of Certain Beneficial Owners Management Related Stockholder Matters document integral part of Item 5.
 At January 31, 2008, approximately 121,302 shareholders of record. 3Ms stock listed on New York Stock Exchange. (NYSE), Chicago Stock Exchange, Inc. SWX Swiss Exchange.
 Cash dividends declared paid totaled $. 48 per share for each quarter of 2007, $. 46 per share for each quarter of 2006.

Stock price comparisons follow



pipeline_tag: sentence-similarity
library_name: sentence-transformers
metrics: cosine_accuracy@1, cosine_accuracy@3, cosine_accuracy@5, cosine_accuracy@10, cosine_precision@1, cosine_precision@3, cosine_precision@5, cosine_precision@10, cosine_recall@1, cosine_recall@3, cosine_recall@5, cosine_recall@10, cosine_ndcg@10, cosine_mrr@10, cosine_map@100, dot_accuracy@1, dot_accuracy@3, dot_accuracy@5, dot_accuracy@10, dot_precision@1, dot_precision@3, dot_precision@5, dot_precision@10, dot_recall@1, dot_recall@3, dot_recall@5, dot_recall@10, dot_ndcg@10, dot_mrr@10, dot_map@100
model-index: name: SentenceTransformer based on dunzhang/stella_en_1.5B_v5
results: task: type: information-retrieval
name: Information Retrieval
dataset: name: Evaluate
type: Evaluate
metrics: type: cosine_accuracy@1
value: 0
name: Cosine Accuracy@1
verified: no, type: cosine_accuracy@3
value: 0.0048543689320388345
name: Cosine Accuracy@3
verified: no, type: cosine_accuracy@5
value: 0.014563106796116505
name: Cosine Accuracy@5
verified: no, type: cosine_accuracy@10
value: 0.014563106796116505
name: Cosine Accuracy@10
verified: no, type: cosine_precision@1
value: 0
name: Cosine Precision@1
verified: no, type: cosine_precision@3
value: 0.0024271844660194173
name: Cosine Precision@3
verified: no, type: cosine_precision@5
value: 0.0033980582524271844
name: Cosine Precision@5
verified: no, type: cosine_precision@10
value: 0.0016990291262135922
name: Cosine Precision@10
verified: no, type: cosine_recall@1
value: 0
name: Cosine Recall@1
verified: no, type: cosine_recall@3
value: 0.0048543689320388345
name: Cosine Recall@3
verified: no, type: cosine_recall@5
value: 0.014563106796116505
name: Cosine Recall@5
verified: no, type: cosine_recall@10
value: 0.014563106796116505
name: Cosine Recall@10
verified: no, type: cosine_ndcg@10
value: 0.007077991834735057
name: Cosine Ndcg@10
verified: no, type: cosine_mrr@10
value: 0.004449838187702265
name: Cosine Mrr@10
verified: no, type: cosine_map@100
value: 0.03769664295704838
name: Cosine Map@100
verified: no, type: dot_accuracy@1
value: 0
name: Dot Accuracy@1
verified: no, type: dot_accuracy@3
value: 0
name: Dot Accuracy@3
verified: no, type: dot_accuracy@5
value: 0.019417475728155338
name: Dot Accuracy@5
verified: no, type: dot_accuracy@10
value: 0.024271844660194174
name: Dot Accuracy@10
verified: no, type: dot_precision@1
value: 0
name: Dot Precision@1
verified: no, type: dot_precision@3
value: 0
name: Dot Precision@3
verified: no, type: dot_precision@5
value: 0.0038834951456310682
name: Dot Precision@5
verified: no, type: dot_precision@10
value: 0.0024271844660194173
name: Dot Precision@10
verified: no, type: dot_recall@1
value: 0
name: Dot Recall@1
verified: no, type: dot_recall@3
value: 0
name: Dot Recall@3
verified: no, type: dot_recall@5
value: 0.019417475728155338
name: Dot Recall@5
verified: no, type: dot_recall@10
value: 0.024271844660194174
name: Dot Recall@10
verified: no, type: dot_ndcg@10
value: 0.009768037935864341
name: Dot Ndcg@10
verified: no, type: dot_mrr@10
value: 0.005305131761442441
name: Dot Mrr@10
verified: no, type: dot_map@100
value: 0.02488167006236569
name: Dot Map@100
verified: no
Likes: 0 | All-time downloads: 12
Created: 2024-12-03 13:38:43