Model: thomaskim1130/stella_en_400M_v5-FinanceRAG
Author: thomaskim1130
Pipeline: sentence-similarity
Library: sentence-transformers
Tags: sentence-transformers, safetensors, new, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:2256, loss:MultipleNegativesRankingLoss, custom_code, arxiv:1908.10084, arxiv:1705.00652, base_model:NovaSearch/stella_en_400M_v5, base_model:finetune:NovaSearch/stella_en_400M_v5, doi:10.57967/hf/3681, model-index, text-embeddings-inference, endpoints_compatible, region:us
Base models (finetune): id: NovaSearch/stella_en_400M_v5
Card metadata: tags: sentence-transformers, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:2256, loss:MultipleNegativesRankingLoss
base_model: dunzhang/stella_en_400M_v5
widget: source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: by what percentage did the aeco natural gas sales index decline from 2011 to 2013?
sentences: Title: 
Text: |  | 2017 | 2016 |
| Projected benefit obligation | $74,953 | $76,586 |
| Accumulated benefit obligation | 71,975 | 74,081 |
| Fair value of plan assets | $58,353 | $56,530 |
Assumptions The following assumptions, which are the weighted average for all plans, are used to calculate the benefit obligation at December 31 of each year and the net periodic benefit cost for the subsequent year., Title: 
Text: discount to Brent was narrower in 2013 than in 2012 and 2011.
As a result of the significant increase in U. S.  production of light sweet crude oil, the historical relationship between WTI, Brent and LLS pricing may not be indicative of future periods.
Composition – The proportion of our liquid hydrocarbon sales volumes that are NGLs continues to increase due to our development of United States unconventional liquids-rich plays.
NGLs were 15 percent of our North America E&P liquid hydrocarbon sales volumes in 2013 compared to 10 percent in 2012 and 7 percent in 2011.
Natural gas – A significant portion of our natural gas production in the U. S.  is sold at bid-week prices, or first-of-month indices relative to our specific producing areas.
Average Henry Hub settlement prices for natural gas were 31 percent higher for 2013 than for 2012.  International E&P Liquid hydrocarbons – Our International E&P crude oil production is relatively sweet and has historically sold in relation to the Brent crude benchmark, which on average was 3 percent lower for 2013 than 2012.
Natural gas – Our major International E&P natural gas-producing regions are Europe and E. G.  Natural gas prices in Europe have been considerably higher than the U. S.  in recent years.
In the case of E. G. , our natural gas sales are subject to term contracts, making realized prices in these areas less volatile.
The natural gas sales from E. G.  are at fixed prices; therefore, our reported average International E&P natural gas realized prices may not fully track market price movements., Title: 
Text: american tower corporation and subsidiaries notes to consolidated financial statements towerco ghana for an agreed purchase price of up to approximately $ 430 million , of which the company will pay up to approximately $ 220 million for its 51% ( 51 % ) stake in the holding company .
mtn ghana will be the anchor tenant , on commercial terms , on each of the towers being purchased .
the company also expects that towerco ghana will build at least an additional 400 sites for both mtn ghana and other wireless operators in ghana over the next five years .
the company expects to close on an initial tranche of towers in the first half of 2011 , subject to customary closing conditions .
6 .
long-term obligations outstanding amounts under the company 2019s long-term financing arrangements consist of the following as of december 31 , ( in thousands ) : .

                                                            | 2010             | 2009            
----------------------------------------------------------- | ---------------- | ----------------
commercial mortgage pass-through certificates series 2007-1 | $ 1750000        | $ 1750000       
revolving credit facility                                   | 300000           | 550000          
term loan                                                   | 325000           | 325000          
xcel credit facility                                        | 2014             | 73367           
colombian short-term credit facility                        | 72889            | 2014            
4.50% ( 4.50 % ) senior notes                               | 999216           | 2014            
5.05% ( 5.05 % ) senior notes                               | 699186           | 2014            
4.625% ( 4.625 % ) senior notes                             | 599346           | 599210          
7.00% ( 7.00 % ) senior notes                               | 500000           | 500000          
7.25% ( 7.25 % ) senior notes                               | 295420           | 295038          
5.0% ( 5.0 % ) convertible notes                            | 2014             | 59683           
7.25% ( 7.25 % ) senior subordinated notes                  | 2014             | 288             
notes payable and capital leases                            | 46331            | 58995           
total                                                       | 5587388          | 4211581         
less current portion of long term obligations               | -74896 ( 74896 ) | -70521 ( 70521 )
long-term obligations                                       | $ 5512492        | $ 4141060       

commercial mortgage pass-through certificates , series 2007-1 2014during the year ended december 31 , 2007 , the company completed a securitization transaction ( the 201csecuritization 201d ) involving assets related to 5295 broadcast and wireless communications towers ( the 201csecured towers 201d ) owned by two special purpose subsidiaries of the company , through a private offering of $ 1.75 billion of commercial mortgage pass-through certificates , series 2007-1 ( the 201ccertificates 201d ) .
the certificates were issued by american tower trust i ( the trust ) , a trust established by american tower depositor sub , llc ( the 201cdepositor 201d ) , an indirect wholly owned special purpose subsidiary of the company .
the assets of the trust consist of a recourse loan ( the 201cloan 201d ) initially made by the depositor to american tower asset sub , llc and american tower asset sub ii , llc ( the 201cborrowers 201d ) , pursuant to a loan and security agreement among the foregoing parties dated as of may 4 , 2007 ( the 201cloan agreement 201d ) .
the borrowers are special purpose entities formed solely for the purpose of holding the secured towers subject to the securitization .
the certificates were issued in seven separate classes , comprised of class a-fx , class a-fl , class b , class c , class d , class e and class f .
each of the certificates in classes b , c , d , e and f are subordinated in right of payment to any other class of certificates which has an earlier alphabetical designation .
the certificates were issued with terms identical to the loan except for the class a-fl certificates , which bear interest at a floating , source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: In the year with lowest amount of Interest in table 2, what's the increasing rate of Operating leases in table 2?
sentences: Title: 
Text: Management Discussion and Analysis
Associates
"nm" denotes not meaningful.
Notes: (1) Based on Singapore Financial Reporting Standards (International).
(2) Assuming constant exchange rates for the regional currencies (Indian Rupee, Indonesian Rupiah, Philippine Peso and Thai Baht) from FY 2018.
(3) Share of results excluded the Group’s share of the associates’ significant one-off items which have been classified as exceptional items of the Group.
(4) Singtel holds an equity interest of 21.0% in Intouch which has an equity interest of 40.5% in AIS.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(6) Singtel ceased to own units in NetLink Trust following the sale to NetLink NBN Trust in July 2017 but continues to have an interest of 24.8% in NetLink NBN Trust, the holding company of NetLink Trust. The share of results included Singtel’s amortisation of deferred gain of S$20 million (FY 2018: S$32 million) on assets previously transferred to NetLink Trust, but excluded the fair value adjustments recorded by NetLink NBN Trust in respect of its acquisition of units in NetLink Trust.
(7) Include the share of results of Singapore Post Limited.

                                               | Financial Year ended 31 March |              |        |                                
---------------------------------------------- | ----------------------------- | ------------ | ------ | -------------------------------
                                               | 2019                          | 2018         | Change | Change in constant currency (2)
                                               | (S$ million)                  | (S$ million) | (%)    | (%)                            
Group share of associates' pre-tax proﬁts (3)  | 1,536                         | 2,461        | -37.6  | -36.2                          
Share of post-tax proﬁts                       |                               |              |        |                                
Telkomsel                                      | 843                           | 1,031        | -18.3  | -12.4                          
AIS                                            | 286                           | 292          | -1.7   | -3.9                           
Globe (3)                                      |                               |              |        |                                
- ordinary results                             | 251                           | 180          | 39.3   | 45.3                           
- exceptional items                            | -                             | 22           | nm     | nm                             
                                               | 251                           | 202          | 23.9   | 29.1                           
Intouch (3) (4)                                |                               |              |        |                                
- operating results                            | 101                           | 106          | -4.4   | -6.5                           
- amortisation of acquired intangibles         | (22)                          | (21)         | 8.3    | 5.9                            
                                               | 79                            | 86           | -7.5   | -9.5                           
Airtel (3)                                     | (131)                         | 101          | nm     | nm                             
BTL (5)                                        | (40)                          | (18)         | 127.8  | 140.9                          
                                               | (171)                         | 83           | nm     | nm                             
Regional associates (3)                        | 1,287                         | 1,694        | -24.0  | -21.5                          
NetLink NBN Trust/ NetLink Trust (6)           | 48                            | 72           | -32.9  | -32.9                          
Other associates (3) (7)                       | 47                            | 57           | -17.6  | -17.6                          
Group share of associates’ post-tax proﬁts (3) | 1,383                         | 1,823        | -24.1  | -21.8                          , Title: 
Text: Long-term product offerings include alpha-seeking active and index strategies.
Our alpha-seeking active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile, and leverage fundamental research and quantitative models to drive portfolio construction.
In contrast, index strategies seek to closely track the returns of a corresponding index, generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index.
Index strategies include both our non-ETF index products and iShares ETFs.
Although many clients use both alpha-seeking active and index strategies, the application of these strategies may differ.
For example, clients may use index products to gain exposure to a market or asset class, or may use a combination of index strategies to target active returns.
In addition, institutional non-ETF index assignments tend to be very large (multi-billion dollars) and typically reflect low fee rates.
Net flows in institutional index products generally have a small impact on BlackRock’s revenues and earnings.
Equity Year-end 2017 equity AUM totaled $3.372 trillion, reflecting net inflows of $130.1 billion.
Net inflows included $174.4 billion into iShares ETFs, driven by net inflows into Core funds and broad developed and emerging market equities, partially offset by non-ETF index and active net outflows of $25.7 billion and $18.5 billion, respectively.
BlackRock’s effective fee rates fluctuate due to changes in AUM mix.
Approximately half of BlackRock’s equity AUM is tied to international markets, including emerging markets, which tend to have higher fee rates than U. S.  equity strategies.
Accordingly, fluctuations in international equity markets, which may not consistently move in tandem with U. S.  markets, have a greater impact on BlackRock’s equity revenues and effective fee rate.
Fixed Income Fixed income AUM ended 2017 at $1.855 trillion, reflecting net inflows of $178.8 billion.
In 2017, active net inflows of $21.5 billion were diversified across fixed income offerings, and included strong inflows into municipal, unconstrained and total return bond funds.
iShares ETFs net inflows of $67.5 billion were led by flows into Core, corporate and treasury bond funds.
Non-ETF index net inflows of $89.8 billion were driven by demand for liability-driven investment solutions.
Multi-Asset BlackRock’s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities, bonds, currencies and commodities, and our extensive risk management capabilities.
Investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays.
Component changes in multi-asset AUM for 2017 are presented below., Title: PEPSICO_2022_10K
Text: Forward-Looking Statements
This Annual Report on Form 10-K contains statements reflecting our views about our future performance that constitute
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (Reform Act).
Statements that constitute forward-looking statements within the meaning of the Reform Act are generally identified through the
inclusion of words such as aim, anticipate, believe, drive, estimate, expect, expressed confidence, forecast,
future, goal, guidance, intend, may, objective, outlook, plan, position, potential, project, seek,
should, strategy, target, will or similar statements or variations of such words and other similar expressions. All
statements addressing our future operating performance, and statements addressing events and developments that we expect or
anticipate will occur in the future, are forward-looking statements within the meaning of the Reform Act. These forward-looking
statements are based on currently available information, operating plans and projections about future events and trends. They
inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in any such
forward-looking statement. These risks and uncertainties include, but are not limited to, those described in Item 1A. Risk
Factors and Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations Our Business
 Our Business Risks. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak
only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of
new information, future events or otherwise. The discussion of risks in this report is by no means all-inclusive but is designed to
highlight what we believe are important factors to consider when evaluating our future performance.
PART I
Item 1. Business.
When used in this report, the terms we, us, our, PepsiCo and the Company mean PepsiCo, Inc. and its consolidated
subsidiaries, collectively. Certain terms used in this Annual Report on Form 10-K are defined in the Glossary included in Item 7.
of this report.
Company Overview
We were incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986. We are a leading global beverage and
convenient food company with a complementary portfolio of brands, including Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola,
Mountain Dew, Quaker and SodaStream. Through our operations, authorized bottlers, contract manufacturers and other third
parties, we make, market, distribute and sell a wide variety of beverages and convenient foods, serving customers and consumers
in more than 200 countries and territories.
Our Operations
We are organized into seven reportable segments (also referred to as divisions), as follows:
1) Frito-Lay North America (FLNA), which includes our branded convenient food businesses in the United States and
Canada;
2) Quaker Foods North America (QFNA), which includes our branded convenient food businesses, such as cereal, rice, pasta
and other branded food, in the United States and Canada;
3) PepsiCo Beverages North America (PBNA), which includes our beverage businesses in the United States and Canada;
4) Latin America (LatAm), which includes all of our beverage and convenient food businesses in Latin America;
5) Europe, which includes all of our beverage and convenient food businesses in Europe;, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: What was the rate of compensation increase in 2019?
sentences: Title: 
Text: Assumptions
Weighted-average actuarial assumptions used to determine net periodic benefit cost and projected benefit obligation for the plans for the fiscal years 2019, 2018 and 2017 were as follows:
(1) The expected return on plan assets assumption used in calculating net periodic benefit cost is based on historical return experience and estimates of future long-term performance with consideration to the expected investment mix of the plan.
(2) The discount rate is used to state expected cash flows relating to future benefits at a present value on the measurement date. This rate represents the market rate for high-quality fixed income investments whose timing would match the cash outflow of retirement benefits. Other assumptions include demographic factors such as retirement, mortality and turnover.

                                            |      | Pension |     
------------------------------------------- | ---- | ------- | ----
                                            | 2019 | 2018    | 2017
Net periodic benefit cost:                  |      |         |     
Expected long-term return on plan assets(1) | 3.6% | 3.8%    | 3.3%
Rate of compensation increase               | 4.4% | 3.3%    | 2.7%
Discount rate                               | 2.2% | 2.1%    | 1.9%
Projected benefit obligation:               |      |         |     
Expected long-term return on plan assets    | 2.0% | 3.6%    | 4.0%
Rate of compensation increase               | 4.3% | 4.4%    | 4.4%
Discount rate(2)                            | 1.7% | 2.2%    | 2.3%, Title: 
Text: decentralized business model .
our business segments are focused on distinct product categories and are responsible for their own performance .
this structure enables each of our segments to independently best position itself within each category in which it competes and reinforces strong accountability for operational and financial performance .
each of our segments focuses on its unique set of consumers , customers , competitors and suppliers , while also sharing best practices .
strong capital structure .
we exited 2017 with a strong balance sheet .
in 2017 , we repurchased 3.4 million of our shares .
as of december 31 , 2017 , we had $ 323.0 million of cash and cash equivalents and total debt was $ 1507.6 million , resulting in a net debt position of $ 1184.6 million .
in addition , we had $ 635.0 million available under our credit facility as of december 31 , 2017 .
business segments we have four business segments : cabinets , plumbing , doors and security .
the following table shows net sales for each of these segments and key brands within each segment : segment net sales ( in millions ) percentage of total 2017 net sales key brands cabinets $ 2467.1 47% ( 47 % ) aristokraft , diamond , mid-continent , kitchen craft , schrock , homecrest , omega , thomasville ( a ) , kemper , starmark , ultracraft plumbing 1720.8 33% ( 33 % ) moen , rohl , riobel , perrin & rowe , victoria + albert , shaws , waste king .

segment  | 2017net sales ( in millions ) | percentage of total 2017 net sales | key brands                                                                                                        
-------- | ----------------------------- | ---------------------------------- | ------------------------------------------------------------------------------------------------------------------
cabinets | $ 2467.1                      | 47% ( 47 % )                       | aristokraft diamondmid-continentkitchen craft schrock homecrest omega thomasville ( a ) kemper starmark ultracraft
plumbing | 1720.8                        | 33% ( 33 % )                       | moen rohl riobel perrin & rowe victoria + albert shaws waste king                                                 
doors    | 502.9                         | 9% ( 9 % )                         | therma-trufypon                                                                                                   
security | 592.5                         | 11% ( 11 % )                       | master lock american lock sentrysafe                                                                              
total    | $ 5283.3                      | 100% ( 100 % )                     |                                                                                                                   

( a ) thomasville is a registered trademark of hhg global designs llc .
our segments compete on the basis of innovation , fashion , quality , price , service and responsiveness to distributor , retailer and installer needs , as well as end-user consumer preferences .
our markets are very competitive .
approximately 15% ( 15 % ) of 2017 net sales were to international markets , and sales to two of the company 2019s customers , the home depot , inc .
( 201cthe home depot 201d ) and lowe 2019s companies , inc .
( 201clowe 2019s 201d ) , each accounted for more than 10% ( 10 % ) of the company 2019s net sales in 2017 .
sales to all u.s .
home centers in the aggregate were approximately 27% ( 27 % ) of net sales in 2017 .
cabinets .
our cabinets segment manufactures custom , semi-custom and stock cabinetry , as well as vanities , for the kitchen , bath and other parts of the home through a regional supply chain footprint to deliver high quality and service to our customers .
this segment sells a portfolio of brands that enables our customers to differentiate themselves against competitors .
this portfolio includes brand names such as aristokraft , diamond , mid-continent , kitchen craft , schrock , homecrest , omega , thomasville , kemper , starmark and ultracraft .
substantially all of this segment 2019s sales are in north america .
this segment sells directly to kitchen and bath dealers , home centers , wholesalers and large builders .
in aggregate , sales to the home depot and lowe 2019s comprised approximately 34% ( 34 % ) of net sales of the cabinets segment in 2017 .
this segment 2019s competitors include masco , american woodmark and rsi ( owned by american woodmark ) , as well as a large number of regional and local suppliers .
plumbing .
our plumbing segment manufactures or assembles and sells faucets , accessories , kitchen sinks and waste disposals in north america and china , predominantly under the moen , rohl , riobel , perrin & rowe , victoria + albert , shaws and waste king brands .
although this segment sells products principally in the u.s. , canada and china , this segment also sells in mexico , southeast asia , europe and , Title: 
Text: Performance Graph The annual changes for the period shown December 1, 2013 (when our ordinary shares began trading) to December 31, 2017 in the graph on this page are based on the assumption that $100 had been invested in Allegion plc ordinary shares, the Standard & Poor’s 500 Stock Index ("S&P 500") and the Standard & Poor's 400 Capital Goods Index ("S&P 400 Capital Goods") on December 1, 2013, and that all quarterly dividends were reinvested.
The total cumulative dollar returns shown on the graph represent the value that such investments would have had on December 31, 2017., source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: In which years is Other comprehensive income before reclassifications greater than Net current-period other comprehensive income (for Changes related to cash flow derivative hedges)?
sentences: Title: 
Text: NOTE 5.
PROPERTY AND EQUIPMENT Property and equipment consists of the following (in thousands):
|  | 2015 | 2014 |
| Ships | $22,102,025 | $21,620,336 |
| Ship improvements | 2,019,294 | 1,904,524 |
| Ships under construction | 734,998 | 561,779 |
| Land, buildings and improvements, including leasehold improvements and port facilities | 337,109 | 303,394 |
| Computer hardware and software, transportation equipment and other | 1,025,264 | 889,579 |
| Total property and equipment | 26,218,690 | 25,279,612 |
| Less—accumulated depreciation and amortization | -7,440,912 | -7,085,985 |
|  | $18,777,778 | $18,193,627 |
Ships under construction include progress payments for the construction of new ships as well as planning, design, interest and other associated costs.
We capitalized interest costs of $26.5 million, $28.8 million and $17.9 million for the years 2015, 2014 and 2013, respectively.
We review our long-lived assets for impairment whenever events or changes in circumstances indicate potential impairment.
In conjunction with performing the two-step goodwill impairment test for the Pullmantur reporting unit, we identified that the estimated fair value of certain long-lived assets, consisting of two ships and three aircraft were less than their carrying values.
As a result of this determination, we evaluated these assets pursuant to our long-lived asset impairment test.
The decision to significantly reduce our exposure to the Latin American market negatively impacted the expected undiscounted cash flows of these vessels and aircraft and resulted in an impairment charge of $113.2 million to write down these assets to their estimated fair values.
This impairment charge was recognized in earnings during the third quarter of 2015 and is reported within Impairment of Pullmantur related assets within our consolidated statements of comprehensive income (loss).
Additionally, during 2013, the fair value of Pullmantur’s aircraft were determined to be less than their carrying value which led to a restructuring related impairment charge of $13.5 million.
Furthermore, Pullmantur’s non-core businesses met the accounting criteria to be classified as held for sale during the fourth quarter of 2013 which led to restructuring related impairment charges of $18.2 million to adjust the carrying value of property and equipment held for sale to its fair value, less cost to sell.
These impairment charges were reported within Restructuring and related impairment charges in our consolidated statements of comprehensive income (loss).
Notes to the Consolidated Financial Statements << 84 >> | 2015 ANNUAL REPORT NOTE 13.
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2015 and 2014 (in thousands):
|  | Changes related to cash flow derivative hedges | Changes in definedbenefit plans | Foreign currency translation adjustments | Accumulated other comprehensive income (loss) |
| Accumulated comprehensive loss at January 1, 2013 | $-84,505 | $-34,823 | $-15,188 | $-134,516 |
| Other comprehensive income before reclassifications | 188,073 | 8,240 | 1,529 | 197,842 |
| Amounts reclassified from accumulated other comprehensive income (loss) | -60,244 | 2,589 | — | -57,655 |
| Net current-period other comprehensive income | 127,829 | 10,829 | 1,529 | 140,187 |
| Accumulated comprehensive income (loss) at January 1, 2014 | 43,324 | -23,994 | -13,659 | 5,671 |
| Other comprehensive loss before reclassifications | -919,094 | -8,937 | -28,099 | -956,130 |
| Amounts reclassified from accumulated other comprehensive income (loss) | 49,744 | 1,724 | 1,997 | 53,465 |
| Net current-period other comprehensive loss | -869,350 | -7,213 | -26,102 | -902,665 |
| Accumulated comprehensive loss at January 1, 2015 | -826,026 | -31,207 | -39,761 | -896,994 |
| Other comprehensive (loss) income before reclassifications | -697,671 | 3,053 | -25,952 | -720,570 |
| Amounts reclassified from accumulated other comprehensive income (loss) | 291,624 | 1,707 | -4,200 | 289,131 |
| Net current-period other comprehensive (loss) income | -406,047 | 4,760 | -30,152 | -431,439 |
| Accumulated comprehensive loss at December 31, 2015 | $-1,232,073 | $-26,447 | $-69,913 | $-1,328,433 |
The following table presents reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2015 and 2014 (in thousands):, Title: 
Text: defined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees may participate .
in the u.s. , the 401 ( k ) plan is a contributory plan .
matching contributions are based upon the amount of the employees 2019 contributions .
after temporarily suspending all matching contributions , effective july 1 , 2010 , the company reinstated matching contributions and provides a dollar for dollar ( 100% ( 100 % ) ) match on the first 4% ( 4 % ) of employee contributions .
the maximum matching contribution for 2010 was pro-rated to account for the number of months remaining after the reinstatement .
the company 2019s expenses for material defined contribution plans for the years ended december 31 , 2012 , 2011 and 2010 were $ 42 million , $ 48 million and $ 23 million , respectively .
beginning january 1 , 2012 , the company may make an additional discretionary 401 ( k ) plan matching contribution to eligible employees .
for the year ended december 31 , 2012 , the company made no discretionary matching contributions .
8 .
share-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees and to existing option holders of acquired companies in connection with the merging of option plans following an acquisition .
each option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant .
the awards have a contractual life of five to ten years and vest over two to four years .
stock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control of the company only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control .
the employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 20% ( 20 % ) of eligible compensation on an after-tax basis .
plan participants cannot purchase more than $ 25000 of stock in any calendar year .
the price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period .
the plan has two purchase periods , the first one from october 1 through march 31 and the second one from april 1 through september 30 .
for the years ended december 31 , 2012 , 2011 and 2010 , employees purchased 1.4 million , 2.2 million and 2.7 million shares , respectively , at purchase prices of $ 34.52 and $ 42.96 , $ 30.56 and $ 35.61 , and $ 41.79 and $ 42.00 , respectively .
the company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model .
the weighted-average estimated fair value of employee stock options granted during 2012 , 2011 and 2010 was $ 9.60 , $ 13.25 and $ 21.43 , respectively , using the following weighted-average assumptions: .

                        | 2012             | 2011             | 2010            
----------------------- | ---------------- | ---------------- | ----------------
expected volatility     | 24.0% ( 24.0 % ) | 28.8% ( 28.8 % ) | 41.7% ( 41.7 % )
risk-free interest rate | 0.8% ( 0.8 % )   | 2.1% ( 2.1 % )   | 2.1% ( 2.1 % )  
dividend yield          | 2.2% ( 2.2 % )   | 0.0% ( 0.0 % )   | 0.0% ( 0.0 % )  
expected life ( years ) | 6.1              | 6.0              | 6.1             

the company uses the implied volatility for traded options on the company 2019s stock as the expected volatility assumption required in the black-scholes model .
the selection of the implied volatility approach was based upon the availability of actively traded options on the company 2019s stock and the company 2019s assessment that implied volatility is more representative of future stock price trends than historical volatility .
the risk-free interest rate assumption is based upon the average daily closing rates during the year for u.s .
treasury notes that have a life which approximates the expected life of the option .
the dividend yield assumption is based on the company 2019s future expectation of dividend payouts .
the expected life of employee stock options represents the average of the contractual term of the options and the weighted-average vesting period for all option tranches .
the company has applied forfeiture rates , estimated based on historical data , of 13%-50% ( 13%-50 % ) to the option fair values calculated by the black-scholes option pricing model .
these estimated forfeiture rates are applied to grants based on their remaining vesting term and may be revised in subsequent periods if actual forfeitures differ from these estimates. , Title: 
Text: Copyright?2019 Standard & Poor's, a division of S&P Global.
All rights reserved
MetLife, Inc.  Notes to the Consolidated Financial Statements  (Continued) Commitments Leases In accordance with industry practice, certain of the Companys income from lease agreements with retail tenants are contingent upon the level of the tenants revenues.
Additionally, the Company, as lessee, has entered into various lease and sublease agreements for office space, information technology and other equipment.
Future minimum rental and sublease income, and minimum gross rental payments relating to these lease agreements are as follows:, source_sentence: Instruct: Given a web search query, retrieve relevant passages that answer the query.
Query: Title: 
Text: what was the average for "other" loans held in 2012 and 2011?
sentences: Title: 
Text: Investments and Derivative Instruments (continued) Security Unrealized Loss Aging The following tables present the Company’s unrealized loss aging for AFS securities by type and length of time the security was in a continuous unrealized loss position.
|  | December 31, 2011 |
|  | Less Than 12 Months | 12 Months or More | Total |
|  | Amortized | Fair | Unrealized | Amortized | Fair | Unrealized | Amortized | Fair | Unrealized |
|  | Cost | Value | Losses | Cost | Value | Losses | Cost | Value | Losses |
| ABS | $629 | $594 | $-35 | $1,169 | $872 | $-297 | $1,798 | $1,466 | $-332 |
| CDOs | 81 | 59 | -22 | 2,709 | 2,383 | -326 | 2,790 | 2,442 | -348 |
| CMBS | 1,297 | 1,194 | -103 | 2,144 | 1,735 | -409 | 3,441 | 2,929 | -512 |
| Corporate [1] | 4,388 | 4,219 | -169 | 3,268 | 2,627 | -570 | 7,656 | 6,846 | -739 |
| Foreign govt./govt. agencies | 218 | 212 | -6 | 51 | 47 | -4 | 269 | 259 | -10 |
| Municipal | 299 | 294 | -5 | 627 | 560 | -67 | 926 | 854 | -72 |
| RMBS | 415 | 330 | -85 | 1,206 | 835 | -371 | 1,621 | 1,165 | -456 |
| U.S. Treasuries | 343 | 341 | -2 | — | — | — | 343 | 341 | -2 |
| Total fixed maturities | 7,670 | 7,243 | -427 | 11,174 | 9,059 | -2,044 | 18,844 | 16,302 | -2,471 |
| Equity securities | 167 | 138 | -29 | 439 | 265 | -174 | 606 | 403 | -203 |
| Total securities in an unrealized loss | $7,837 | $7,381 | $-456 | $11,613 | $9,324 | $-2,218 | $19,450 | $16,705 | $-2,674 |
December 31, 2010
|  | December 31, 2010 |
|  | Less Than 12 Months | 12 Months or More | Total |
|  | Amortized | Fair | Unrealized | Amortized | Fair | Unrealized | Amortized | Fair | Unrealized |
|  | Cost | Value | Losses | Cost | Value | Losses | Cost | Value | Losses |
| ABS | $302 | $290 | $-12 | $1,410 | $1,026 | $-384 | $1,712 | $1,316 | $-396 |
| CDOs | 321 | 293 | -28 | 2,724 | 2,274 | -450 | 3,045 | 2,567 | -478 |
| CMBS | 556 | 530 | -26 | 3,962 | 3,373 | -589 | 4,518 | 3,903 | -615 |
| Corporate | 5,533 | 5,329 | -199 | 4,017 | 3,435 | -548 | 9,550 | 8,764 | -747 |
| Foreign govt./govt. agencies | 356 | 349 | -7 | 78 | 68 | -10 | 434 | 417 | -17 |
| Municipal | 7,485 | 7,173 | -312 | 1,046 | 863 | -183 | 8,531 | 8,036 | -495 |
| RMBS | 1,744 | 1,702 | -42 | 1,567 | 1,147 | -420 | 3,311 | 2,849 | -462 |
| U.S. Treasuries | 2,436 | 2,321 | -115 | 158 | 119 | -39 | 2,594 | 2,440 | -154 |
| Total fixed maturities | 18,733 | 17,987 | -741 | 14,962 | 12,305 | -2,623 | 33,695 | 30,292 | -3,364 |
| Equity securities | 53 | 52 | -1 | 637 | 506 | -131 | 690 | 558 | -132 |
| Total securities in an unrealized loss | $18,786 | $18,039 | $-742 | $15,599 | $12,811 | $-2,754 | $34,385 | $30,850 | $-3,496 |
[1] Unrealized losses exclude the change in fair value of bifurcated embedded derivative features of certain securities.
Subsequent changes in fair value are recorded in net realized capital gains (losses).
As of December 31, 2011, AFS securities in an unrealized loss position, comprised of 2,549 securities, primarily related to corporate securities within the financial services sector, CMBS, and RMBS which have experienced significant price deterioration.
As of December 31, 2011, 75% of these securities were depressed less than 20% of cost or amortized cost.
The decline in unrealized losses during 2011 was primarily attributable to a decline in interest rates, partially offset by credit spread widening.
Most of the securities depressed for twelve months or more relate to structured securities with exposure to commercial and residential real estate, as well as certain floating rate corporate securities or those securities with greater than 10 years to maturity, concentrated in the financial services sector.
Current market spreads continue to be significantly wider for structured securities with exposure to commercial and residential real estate, as compared to spreads at the security’s respective purchase date, largely due to the economic and market uncertainties regarding future performance of commercial and residential real estate.
In addition, the majority of securities have a floating-rate coupon referenced to a market index where rates have declined substantially.
The Company neither has an intention to sell nor does it expect to be required to sell the securities outlined above., Title: 
Text: LOANS HELD FOR SALE Table 15: Loans Held For Sale
| In millions | December 312012 | December 312011 |
| Commercial mortgages at fair value | $772 | $843 |
| Commercial mortgages at lower of cost or market | 620 | 451 |
| Total commercial mortgages | 1,392 | 1,294 |
| Residential mortgages at fair value | 2,096 | 1,415 |
| Residential mortgages at lower of cost or market | 124 | 107 |
| Total residential mortgages | 2,220 | 1,522 |
| Other | 81 | 120 |
| Total | $3,693 | $2,936 |
We stopped originating commercial mortgage loans held for sale designated at fair value in 2008 and continue pursuing opportunities to reduce these positions at appropriate prices.
At December 31, 2012, the balance relating to these loans was $772 million, compared to $843 million at December 31, 2011.
We sold $32 million in unpaid principal balances of these commercial mortgage loans held for sale carried at fair value in 2012 and sold $25 million in 2011., Title: 
Text: at december 31 , 2012 , total future minimum commitments under existing non-cancelable operat- ing leases and purchase obligations were as follows: .

in millions                | 2013   | 2014  | 2015  | 2016  | 2017  | thereafter
-------------------------- | ------ | ----- | ----- | ----- | ----- | ----------
lease obligations          | $ 198  | $ 136 | $ 106 | $ 70  | $ 50  | $ 141     
purchase obligations ( a ) | 3213   | 828   | 722   | 620   | 808   | 2654      
total                      | $ 3411 | $ 964 | $ 828 | $ 690 | $ 858 | $ 2795    

( a ) includes $ 3.6 billion relating to fiber supply agreements entered into at the time of the company 2019s 2006 transformation plan forestland sales and in conjunction with the 2008 acquis- ition of weyerhaeuser company 2019s containerboard , packaging and recycling business .
rent expense was $ 231 million , $ 205 million and $ 210 million for 2012 , 2011 and 2010 , respectively .
guarantees in connection with sales of businesses , property , equipment , forestlands and other assets , interna- tional paper commonly makes representations and warranties relating to such businesses or assets , and may agree to indemnify buyers with respect to tax and environmental liabilities , breaches of representations and warranties , and other matters .
where liabilities for such matters are determined to be probable and subject to reasonable estimation , accrued liabilities are recorded at the time of sale as a cost of the transaction .
environmental proceedings international paper has been named as a potentially responsible party in environmental remediation actions under various federal and state laws , includ- ing the comprehensive environmental response , compensation and liability act ( cercla ) .
many of these proceedings involve the cleanup of hazardous substances at large commercial landfills that received waste from many different sources .
while joint and several liability is authorized under cercla and equivalent state laws , as a practical matter , liability for cercla cleanups is typically allocated among the many potential responsible parties .
remedial costs are recorded in the consolidated financial statements when they become probable and reasonably estimable .
international paper has estimated the probable liability associated with these matters to be approximately $ 92 million in the aggregate at december 31 , 2012 .
one of the matters referenced above is a closed wood treating facility located in cass lake , minneso- ta .
during 2009 , in connection with an environmental site remediation action under cercla , international paper submitted to the epa a site remediation feasi- bility study .
in june 2011 , the epa selected and published a proposed soil remedy at the site with an estimated cost of $ 46 million .
the overall remediation reserve for the site is currently $ 48 mil- lion to address this selection of an alternative for the soil remediation component of the overall site remedy .
in october 2011 , the epa released a public statement indicating that the final soil remedy deci- sion would be delayed .
in the unlikely event that the epa changes its proposed soil remedy and approves instead a more expensive clean-up alternative , the remediation costs could be material , and sig- nificantly higher than amounts currently recorded .
in october 2012 , the natural resource trustees for this site provided notice to international paper and other potentially responsible parties of their intent to per- form a natural resource damage assessment .
it is premature to predict the outcome of the assessment or to estimate a loss or range of loss , if any , which may be incurred .
in addition to the above matters , other remediation costs typically associated with the cleanup of hazardous substances at the company 2019s current , closed or formerly-owned facilities , and recorded as liabilities in the balance sheet , totaled approximately $ 46 million at december 31 , 2012 .
other than as described above , completion of required remedial actions is not expected to have a material effect on our consolidated financial statements .
the company is a potentially responsible party with respect to the allied paper , inc./portage creek/ kalamazoo river superfund site ( kalamazoo river superfund site ) in michigan .
the epa asserts that the site is contaminated primarily by pcbs as a result of discharges from various paper mills located along the river , including a paper mill formerly owned by st .
regis .
the company is a successor in interest to st .
regis .
international paper has not received any orders from the epa with respect to the site and is in the process of collecting information from the epa and other parties relative to the kalamazoo river superfund site to evaluate the extent of its liability , if any , with respect to the site .
accordingly , it is pre- mature to estimate a loss or range of loss with respect to this site .
also in connection with the kalamazoo river superfund site , the company was named as a defendant by georgia-pacific consumer products lp , fort james corporation and georgia pacific llc in a contribution and cost recovery action for alleged pollution at the kalamazoo river super- fund site .
the suit seeks contribution under cercla for $ 79 million in costs purportedly expended by plaintiffs as of the filing of the com- plaint , and for future remediation costs .
the suit alleges that a mill , during the time it was allegedly owned and operated by st .
regis , discharged pcb contaminated solids and paper residuals resulting from paper de-inking and recycling .
also named as defendants in the suit are ncr corporation and weyerhaeuser company .
in mid-2011 , the suit was 
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_400M_v5
results: task: type: information-retrieval
name: Information Retrieval
dataset: name: Evaluate
type: Evaluate
metrics: type: cosine_accuracy@1
value: 0.3616504854368932
name: Cosine Accuracy@1
verified: no, type: cosine_accuracy@3
value: 0.5194174757281553
name: Cosine Accuracy@3
verified: no, type: cosine_accuracy@5
value: 0.6092233009708737
name: Cosine Accuracy@5
verified: no, type: cosine_accuracy@10
value: 0.7014563106796117
name: Cosine Accuracy@10
verified: no, type: cosine_precision@1
value: 0.3616504854368932
name: Cosine Precision@1
verified: no, type: cosine_precision@3
value: 0.17880258899676374
name: Cosine Precision@3
verified: no, type: cosine_precision@5
value: 0.12669902912621356
name: Cosine Precision@5
verified: no, type: cosine_precision@10
value: 0.07524271844660194
name: Cosine Precision@10
verified: no, type: cosine_recall@1
value: 0.33098705501618125
name: Cosine Recall@1
verified: no, type: cosine_recall@3
value: 0.4768203883495145
name: Cosine Recall@3
verified: no, type: cosine_recall@5
value: 0.5613673139158576
name: Cosine Recall@5
verified: no, type: cosine_recall@10
value: 0.6548139158576051
name: Cosine Recall@10
verified: no, type: cosine_ndcg@10
value: 0.49595926983262306
name: Cosine Ndcg@10
verified: no, type: cosine_mrr@10
value: 0.4667870627215285
name: Cosine Mrr@10
verified: no, type: cosine_map@100
value: 0.44823876084168546
name: Cosine Map@100
verified: no, type: dot_accuracy@1
value: 0.3325242718446602
name: Dot Accuracy@1
verified: no, type: dot_accuracy@3
value: 0.5242718446601942
name: Dot Accuracy@3
verified: no, type: dot_accuracy@5
value: 0.5922330097087378
name: Dot Accuracy@5
verified: no, type: dot_accuracy@10
value: 0.6747572815533981
name: Dot Accuracy@10
verified: no, type: dot_precision@1
value: 0.3325242718446602
name: Dot Precision@1
verified: no, type: dot_precision@3
value: 0.1796116504854369
name: Dot Precision@3
verified: no, type: dot_precision@5
value: 0.12475728155339803
name: Dot Precision@5
verified: no, type: dot_precision@10
value: 0.07257281553398058
name: Dot Precision@10
verified: no, type: dot_recall@1
value: 0.30590614886731393
name: Dot Recall@1
verified: no, type: dot_recall@3
value: 0.4762135922330097
name: Dot Recall@3
verified: no, type: dot_recall@5
value: 0.54457928802589
name: Dot Recall@5
verified: no, type: dot_recall@10
value: 0.6272653721682848
name: Dot Recall@10
verified: no, type: dot_ndcg@10
value: 0.47234567950079603
name: Dot Ndcg@10
verified: no, type: dot_mrr@10
value: 0.4421887039605485
name: Dot Mrr@10
verified: no, type: dot_map@100
value: 0.4264453452263192
name: Dot Map@100
verified: no
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Created: 2024-11-25 20:05:22