2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .
123 ( r ) .
increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .
these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .
see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .
123 ( r ) .
financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .
snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .
due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .
as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .
snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .
the following discussion focuses on information included in the accompanying consolidated balance sheets .
snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .
the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .
as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .
the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .
( amounts in millions ) 2007 2006 .

( amounts in millions ) ad
2007
2006
cash and cash equivalents
$ 93.0
$ 63.4
accounts receivable 2013 net of allowances
586.9
559.2
inventories
322.4
323.0
other current assets
185.1
167.6
total current assets
1187.4
1113.2
accounts payable
-171.6 ( 171.6 )
-178.8 ( 178.8 )
notes payable and current maturities of long-term debt
-15.9 ( 15.9 )
-43.6 ( 43.6 )
other current liabilities
-451.7 ( 451.7 )
-459.6 ( 459.6 )
total current liabilities
-639.2 ( 639.2 )
-682.0 ( 682.0 )
total working capital
$ 548.2
$ 431.2

accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .
the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .
this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .

Question: what is the percentage change in total current assets from 2006 to 2007?
Answer: 6.7%

Question: what is the percentage change in total current liabilities from 2006 to 2007?
Answer: -6.3%