MehdiHosseiniMoghadam/ConvFinQA huggingface dataset:
issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2007 .
period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) maximum number of shares that may yet be purchased under the program ( b ) .

period
total number ofshares purchased
average pricepaid pershare
total number of sharespurchased as part ofpubliclyannouncedprogram ( a )
maximum number ofshares that may yet bepurchased under theprogram ( b )
october
127100
$ 108.58
127100
35573131
november
1504300
109.07
1504300
34068831
december
1325900
108.78
1325900
32742931

( a ) we repurchased a total of 2957300 shares of our common stock during the quarter ended december 31 , 2007 under a share repurchase program that we announced in october 2002 .
( b ) our board of directors has approved a share repurchase program for the repurchase of up to 128 million shares of our common stock from time-to-time , including 20 million shares approved for repurchase by our board of directors in september 2007 .
under the program , management has discretion to determine the number and price of the shares to be repurchased , and the timing of any repurchases , in compliance with applicable law and regulation .
as of december 31 , 2007 , we had repurchased a total of 95.3 million shares under the program .
in 2007 , we did not make any unregistered sales of equity securities. .

Question: what percentage remains of the total approved shares for repurchased under the approved share repurchase program?
Answer: 26%
part ii , item 8 schlumberger limited and subsidiaries shares of common stock ( stated in millions ) issued in treasury shares outstanding .

issued
in treasury
shares outstanding
balance january 1 2007
1334
-156 ( 156 )
1178
shares sold to optionees less shares exchanged
2013
14
14
shares issued under employee stock purchase plan
2013
2
2
stock repurchase program
2013
-16 ( 16 )
-16 ( 16 )
issued on conversions of debentures
2013
18
18
balance december 31 2007
1334
-138 ( 138 )
1196
shares sold to optionees less shares exchanged
2013
5
5
shares issued under employee stock purchase plan
2013
2
2
stock repurchase program
2013
-21 ( 21 )
-21 ( 21 )
issued on conversions of debentures
2013
12
12
balance december 31 2008
1334
-140 ( 140 )
1194
shares sold to optionees less shares exchanged
2013
4
4
vesting of restricted stock
2013
1
1
shares issued under employee stock purchase plan
2013
4
4
stock repurchase program
2013
-8 ( 8 )
-8 ( 8 )
balance december 31 2009
1334
-139 ( 139 )
1195

see the notes to consolidated financial statements .

Question: if shares increase in the same amount as 2008 , what is the expected balance at the end of 2009?
Answer: 1196000000

Question: how many shares were repurchased in this period?
Answer: 45000000
we are exposed to market risk stemming from changes in interest and foreign exchange rates and commod- ity and equity prices .
changes in these factors could cause fl uctuations in our earnings and cash fl ows .
in the normal course of business , we actively manage our exposure to these market risks by entering into vari- ous hedging transactions , authorized under established policies that place clear controls on these activities .
th e counterparties in these transactions are generally highly rated institutions .
we establish credit limits for each counterparty .
our hedging transactions include but are not limited to a variety of derivative fi nancial instruments .
for information on interest rate , foreign exchange , commodity price , and equity instrument risk , please see note 7 to the consolidated financial statements on page 61 of this report .
value at risk th e estimates in the table below are intended to mea- sure the maximum potential fair value we could lose in one day from adverse changes in market interest rates , foreign exchange rates , commodity prices , and equity prices under normal market conditions .
a monte carlo value-at-risk ( var ) methodology was used to quantify the market risk for our exposures .
th e models assumed normal market conditions and used a 95 percent confi - dence level .
th e var calculation used historical interest and for- eign exchange rates , and commodity and equity prices from the past year to estimate the potential volatility and correlation of these rates in the future .
th e market data were drawn from the riskmetrics 2122 data set .
th e calculations are not intended to represent actual losses in fair value that we expect to incur .
further , since the hedging instrument ( the derivative ) inversely cor- relates with the underlying exposure , we would expect that any loss or gain in the fair value of our derivatives would be generally off set by an increase or decrease in the fair value of the underlying exposure .
th e positions included in the calculations were : debt ; investments ; interest rate swaps ; foreign exchange forwards ; com- modity swaps , futures and options ; and equity instru- ments .
th e calculations do not include the underlying foreign exchange and commodities or equity-related positions that are off set by these market-risk-sensitive instruments .
th e table below presents the estimated maximum potential var arising from a one-day loss in fair value for our interest rate , foreign currency , commodity , and equity market-risk-sensitive instruments outstanding as of may 28 , 2017 , and may 29 , 2016 , and the average fair value impact during the year ended may 28 , 2017. .

in millions
fair value impact may 28 2017
fair value impact averageduringfiscal 2017
fair value impact may 29 2016
interest rate instruments
$ 25.1
$ 26.5
$ 33.3
foreign currency instruments
24.6
22.9
27.6
commodity instruments
3.2
2.5
3.3
equity instruments
1.3
1.4
1.7

quantitative and qualitative disclosures about market risk 44 general mills .

Question: what is the total average fair value impact of all the instruments?
Answer: 53.3
have access to liquidity by issuing bonds to public or private investors based on our assessment of the current condition of the credit markets .
at december 31 , 2009 , we had a working capital surplus of approximately $ 1.0 billion , which reflects our decision to maintain additional cash reserves to enhance liquidity in response to difficult economic conditions .
at december 31 , 2008 , we had a working capital deficit of approximately $ 100 million .
historically , we have had a working capital deficit , which is common in our industry and does not indicate a lack of liquidity .
we maintain adequate resources and , when necessary , have access to capital to meet any daily and short-term cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .
cash flows millions of dollars 2009 2008 2007 .

millions of dollars
2009
2008
2007
cash provided by operating activities
$ 3234
$ 4070
$ 3277
cash used in investing activities
-2175 ( 2175 )
-2764 ( 2764 )
-2426 ( 2426 )
cash used in financing activities
-458 ( 458 )
-935 ( 935 )
-800 ( 800 )
net change in cash and cash equivalents
$ 601
$ 371
$ 51

operating activities lower net income in 2009 , a reduction of $ 184 million in the outstanding balance of our accounts receivable securitization program , higher pension contributions of $ 72 million , and changes to working capital combined to decrease cash provided by operating activities compared to 2008 .
higher net income and changes in working capital combined to increase cash provided by operating activities in 2008 compared to 2007 .
in addition , accelerated tax deductions enacted in 2008 on certain new operating assets resulted in lower income tax payments in 2008 versus 2007 .
voluntary pension contributions in 2008 totaling $ 200 million and other pension contributions of $ 8 million partially offset the year-over-year increase versus 2007 .
investing activities lower capital investments and higher proceeds from asset sales drove the decrease in cash used in investing activities in 2009 versus 2008 .
increased capital investments and lower proceeds from asset sales drove the increase in cash used in investing activities in 2008 compared to 2007. .

Question: what was the percentage change in cash provided by operating activities from 2007 to 2008?
Answer: 24%

Question: what was the net working capital surplus for 2008 and 2009 , in millions?
Answer: 900

Question: what was the percentage change in cash provided by operating activities from 2008 to 2009?
Answer: -21%
american tower corporation and subsidiaries notes to consolidated financial statements ( 3 ) consists of customer-related intangibles of approximately $ 75.0 million and network location intangibles of approximately $ 72.7 million .
the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years .
( 4 ) the company expects that the goodwill recorded will be deductible for tax purposes .
the goodwill was allocated to the company 2019s international rental and management segment .
on september 12 , 2012 , the company entered into a definitive agreement to purchase up to approximately 348 additional communications sites from telef f3nica mexico .
on september 27 , 2012 and december 14 , 2012 , the company completed the purchase of 279 and 2 communications sites , for an aggregate purchase price of $ 63.5 million ( including value added tax of $ 8.8 million ) .
the following table summarizes the preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : preliminary purchase price allocation .

preliminary purchase price allocation
current assets
$ 8763
non-current assets
2332
property and equipment
26711
intangible assets ( 1 )
21079
other non-current liabilities
-1349 ( 1349 )
fair value of net assets acquired
$ 57536
goodwill ( 2 )
5998

( 1 ) consists of customer-related intangibles of approximately $ 10.7 million and network location intangibles of approximately $ 10.4 million .
the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years .
( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes .
the goodwill was allocated to the company 2019s international rental and management segment .
on november 16 , 2012 , the company entered into an agreement to purchase up to 198 additional communications sites from telef f3nica mexico .
on december 14 , 2012 , the company completed the purchase of 188 communications sites , for an aggregate purchase price of $ 64.2 million ( including value added tax of $ 8.9 million ) . .

Question: for the december 14 , 2012 purchase , what was the average cost of the communications sites acquired?
Answer: 341489

Question: for acquired customer-related and network location intangibles , what is the expected annual amortization expenses , in millions?
Answer: 7.4
the graph below shows a five-year comparison of the cumulative shareholder return on our common stock with the cumulative total return of the standard & poor 2019s ( s&p ) mid cap 400 index and the russell 1000 index , both of which are published indices .
comparison of five-year cumulative total return from december 31 , 2011 to december 31 , 2016 assumes $ 100 invested with reinvestment of dividends period indexed returns .

company/index
baseperiod 12/31/11
baseperiod 12/31/12
baseperiod 12/31/13
baseperiod 12/31/14
baseperiod 12/31/15
12/31/16
a . o . smith corporation
100.0
159.5
275.8
292.0
401.0
501.4
s&p mid cap 400 index
100.0
117.9
157.4
172.8
169.0
204.1
russell 1000 index
100.0
116.4
155.0
175.4
177.0
198.4

2011 2012 2013 2014 2015 2016 smith ( a o ) corp s&p midcap 400 index russell 1000 index .

Question: what was the difference in total return for the five year period ended 12/31/16 between a . o . smith corporation and the russell 1000 index?
Answer: 303%

Question: what was the difference in total return for the five year period ended 12/31/16 between a . o . smith corporation and the s&p mid cap 400 index?
Answer: 297.3%
entergy new orleans , inc .
and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 3.9 million primarily due to higher net revenue , partially offset by higher depreciation and amortization expenses , higher interest expense , and lower other income .
2015 compared to 2014 net income increased $ 13.9 million primarily due to lower other operation and maintenance expenses and higher net revenue , partially offset by a higher effective income tax rate .
net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .
following is an analysis of the change in net revenue comparing 2016 to 2015 .
amount ( in millions ) .

amount ( in millions )
2015 net revenue
$ 293.9
retail electric price
39.0
net gas revenue
-2.5 ( 2.5 )
volume/weather
-5.1 ( 5.1 )
other
-8.1 ( 8.1 )
2016 net revenue
$ 317.2

the retail electric price variance is primarily due to an increase in the purchased power and capacity acquisition cost recovery rider , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station .
see note 14 to the financial statements for discussion of the union power station purchase .
the net gas revenue variance is primarily due to the effect of less favorable weather on residential and commercial sales .
the volume/weather variance is primarily due to a decrease of 112 gwh , or 2% ( 2 % ) , in billed electricity usage , partially offset by the effect of favorable weather on commercial sales and a 2% ( 2 % ) increase in the average number of electric customers. .

Question: what is the growth rate in net revenue in 2016 for entergy new orleans , inc?
Answer: 7.9%

Question: what was the combined impact in millions on 2016 net revenue from the net gas revenue adjustment , the volume/weather adjustment , and other adjustments?
Answer: -15.7
the company 2019s stock performance the following graph compares cumulative total return of the company 2019s common stock with the cumulative total return of ( i ) the nasdaq stock market-united states , and ( ii ) the nasdaq biotechnology index .
the graph assumes ( a ) $ 100 was invested on july 31 , 2001 in each of the company 2019s common stock , the stocks comprising the nasdaq stock market-united states and the stocks comprising the nasdaq biotechnology index , and ( b ) the reinvestment of dividends .
comparison of 65 month cumulative total return* among alexion pharmaceuticals , inc. , the nasdaq composite index and the nasdaq biotechnology index alexion pharmaceuticals , inc .
nasdaq composite nasdaq biotechnology .

7/02
7/03
7/04
7/05
12/05
12/06
12/07
alexion pharmaceuticals inc .
100.00
108.38
102.64
167.89
130.56
260.41
483.75
nasdaq composite
100.00
128.98
142.51
164.85
168.24
187.43
204.78
nasdaq biotechnology
100.00
149.29
146.51
176.75
186.10
183.89
187.04

.

Question: what is the percent change in the investment into alexion pharmaceuticals between 7/02 and 7/03?
Answer: 8.4%
entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 305.7 million primarily due to the effect of the enactment of the tax cuts and jobs act , in december 2017 , which resulted in a decrease of $ 182.6 million in net income in 2017 , and the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 .
also contributing to the decrease in net income were higher other operation and maintenance expenses .
the decrease was partially offset by higher net revenue and higher other income .
see note 3 to the financial statements for discussion of the effects of the tax cuts and jobs act and the irs audit .
2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 .
also contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income .
the increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses .
see note 3 to the financial statements for discussion of the irs audit .
net revenue 2017 compared to 2016 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) .
following is an analysis of the change in net revenue comparing 2017 to 2016 .
amount ( in millions ) .

amount ( in millions )
2016 net revenue
$ 2438.4
regulatory credit resulting from reduction of thefederal corporate income tax rate
55.5
retail electric price
42.8
louisiana act 55 financing savings obligation
17.2
volume/weather
-12.4 ( 12.4 )
other
19.0
2017 net revenue
$ 2560.5

the regulatory credit resulting from reduction of the federal corporate income tax rate variance is due to the reduction of the vidalia purchased power agreement regulatory liability by $ 30.5 million and the reduction of the louisiana act 55 financing savings obligation regulatory liabilities by $ 25 million as a result of the enactment of the tax cuts and jobs act , in december 2017 , which lowered the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) .
the effects of the tax cuts and jobs act are discussed further in note 3 to the financial statements. .

Question: in 2017 what was the percentage change in the net revenue
Answer: 5%
in september 2006 , the fasb issued sfas no .
158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans , an amendment of fasb statements no .
87 , 88 , 106 and 132 ( r ) . 201d this standard eliminated the requirement for a 201cminimum pension liability adjustment 201d that was previously required under sfas no .
87 and required employers to recognize the underfunded or overfunded status of a defined benefit plan as an asset or liability in its statement of financial position .
in 2006 , as a result of the implementation of sfas no .
158 , the company recognized an after-tax decrease in accumulated other comprehensive income of $ 1.187 billion and $ 513 million for the u.s .
and international pension benefit plans , respectively , and $ 218 million for the postretirement health care and life insurance benefit plan .
see note 11 for additional detail .
reclassification adjustments are made to avoid double counting in comprehensive income items that are also recorded as part of net income .
in 2007 , as disclosed in the net periodic benefit cost table in note 11 , $ 198 million pre-tax ( $ 123 million after-tax ) were reclassified to earnings from accumulated other comprehensive income to pension and postretirement expense in the income statement .
these pension and postretirement expense amounts are shown in the table in note 11 as amortization of transition ( asset ) obligation , amortization of prior service cost ( benefit ) and amortization of net actuarial ( gain ) loss .
other reclassification adjustments ( except for cash flow hedging instruments adjustments provided in note 12 ) were not material .
no tax provision has been made for the translation of foreign currency financial statements into u.s .
dollars .
note 7 .
supplemental cash flow information .

( millions )
2007
2006
2005
cash income tax payments
$ 1999
$ 1842
$ 1277
cash interest payments
162
119
79
capitalized interest
25
16
12

individual amounts in the consolidated statement of cash flows exclude the impacts of acquisitions , divestitures and exchange rate impacts , which are presented separately .
201cother 2013 net 201d in the consolidated statement of cash flows within operating activities in 2007 and 2006 includes changes in liabilities related to 3m 2019s restructuring actions ( note 4 ) and in 2005 includes the non-cash impact of adopting fin 47 ( $ 35 million cumulative effect of accounting change ) .
transactions related to investing and financing activities with significant non-cash components are as follows : in 2007 , 3m purchased certain assets of diamond productions , inc .
for approximately 150 thousand shares of 3m common stock , which has a market value of approximately $ 13 million at the acquisition 2019s measurement date .
liabilities assumed from acquisitions are provided in the tables in note 2. .

Question: in 2007 what was the tax rate of the adjustment to the amount reclassified to earnings from accumulated other comprehensive income to pension and post retirement expense
Answer: 61%
at december 31 , 2012 and 2011 , we had a working capital surplus .
this reflects a strong cash position , which provides enhanced liquidity in an uncertain economic environment .
in addition , we believe we have adequate access to capital markets to meet any foreseeable cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .
cash flows millions 2012 2011 2010 .

cash flowsmillions
2012
2011
2010
cash provided by operating activities
$ 6161
$ 5873
$ 4105
cash used in investing activities
-3633 ( 3633 )
-3119 ( 3119 )
-2488 ( 2488 )
cash used in financing activities
-2682 ( 2682 )
-2623 ( 2623 )
-2381 ( 2381 )
net change in cash and cashequivalents
$ -154 ( 154 )
$ 131
$ -764 ( 764 )

operating activities higher net income in 2012 increased cash provided by operating activities compared to 2011 , partially offset by lower tax benefits from bonus depreciation ( as explained below ) and payments for past wages based on national labor negotiations settled earlier this year .
higher net income and lower cash income tax payments in 2011 increased cash provided by operating activities compared to 2010 .
the tax relief , unemployment insurance reauthorization , and job creation act of 2010 provided for 100% ( 100 % ) bonus depreciation for qualified investments made during 2011 , and 50% ( 50 % ) bonus depreciation for qualified investments made during 2012 .
as a result of the act , the company deferred a substantial portion of its 2011 income tax expense .
this deferral decreased 2011 income tax payments , thereby contributing to the positive operating cash flow .
in future years , however , additional cash will be used to pay income taxes that were previously deferred .
in addition , the adoption of a new accounting standard in january of 2010 changed the accounting treatment for our receivables securitization facility from a sale of undivided interests ( recorded as an operating activity ) to a secured borrowing ( recorded as a financing activity ) , which decreased cash provided by operating activities by $ 400 million in 2010 .
investing activities higher capital investments in 2012 drove the increase in cash used in investing activities compared to 2011 .
included in capital investments in 2012 was $ 75 million for the early buyout of 165 locomotives under long-term operating and capital leases during the first quarter of 2012 , which we exercised due to favorable economic terms and market conditions .
higher capital investments partially offset by higher proceeds from asset sales in 2011 drove the increase in cash used in investing activities compared to 2010. .

Question: what was the average cost per locomotive for the 2012 early buyout?
Answer: 454545