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[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis the table below presents the operating results of our institutional client services segment. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>year ended december 2012</td><td>year ended december 2011</td><td>year ended december 2010</td></tr><tr><td>2</td><td>fixed income currency and commodities client execution</td><td>$ 9914</td><td>$ 9018</td><td>$ 13707</td></tr><tr><td>3</td><td>equities client execution1</td><td>3171</td><td>3031</td><td>3231</td></tr><tr><td>4</td><td>commissions and fees</td><td>3053</td><td>3633</td><td>3426</td></tr><tr><td>5</td><td>securities services</td><td>1986</td><td>1598</td><td>1432</td></tr><tr><td>6</td><td>total equities</td><td>8210</td><td>8262</td><td>8089</td></tr><tr><td>7</td><td>total net revenues</td><td>18124</td><td>17280</td><td>21796</td></tr><tr><td>8</td><td>operating expenses</td><td>12480</td><td>12837</td><td>14994</td></tr><tr><td>9</td><td>pre-tax earnings</td><td>$ 5644</td><td>$ 4443</td><td>$ 6802</td></tr></table> 1 . includes net revenues related to reinsurance of $ 1.08 billion , $ 880 million and $ 827 million for the years ended december 2012 , december 2011 and december 2010 , respectively . 2012 versus 2011 . net revenues in institutional client services were $ 18.12 billion for 2012 , 5% ( 5 % ) higher than 2011 . net revenues in fixed income , currency and commodities client execution were $ 9.91 billion for 2012 , 10% ( 10 % ) higher than 2011 . these results reflected strong net revenues in mortgages , which were significantly higher compared with 2011 . in addition , net revenues in credit products and interest rate products were solid and higher compared with 2011 . these increases were partially offset by significantly lower net revenues in commodities and slightly lower net revenues in currencies . although broad market concerns persisted during 2012 , fixed income , currency and commodities client execution operated in a generally improved environment characterized by tighter credit spreads and less challenging market-making conditions compared with 2011 . net revenues in equities were $ 8.21 billion for 2012 , essentially unchanged compared with 2011 . net revenues in securities services were significantly higher compared with 2011 , reflecting a gain of approximately $ 500 million on the sale of our hedge fund administration business . in addition , equities client execution net revenues were higher than 2011 , primarily reflecting significantly higher results in cash products , principally due to increased levels of client activity . these increases were offset by lower commissions and fees , reflecting lower market volumes . during 2012 , equities operated in an environment generally characterized by an increase in global equity prices and lower volatility levels . the net loss attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 714 million ( $ 433 million and $ 281 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2012 , compared with a net gain of $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 . during 2012 , institutional client services operated in an environment generally characterized by continued broad market concerns and uncertainties , although positive developments helped to improve market conditions . these developments included certain central bank actions to ease monetary policy and address funding risks for european financial institutions . in addition , the u.s . economy posted stable to improving economic data , including favorable developments in unemployment and housing . these improvements resulted in tighter credit spreads , higher global equity prices and lower levels of volatility . however , concerns about the outlook for the global economy and continued political uncertainty , particularly the political debate in the united states surrounding the fiscal cliff , generally resulted in client risk aversion and lower activity levels . also , uncertainty over financial regulatory reform persisted . if these concerns and uncertainties continue over the long term , net revenues in fixed income , currency and commodities client execution and equities would likely be negatively impacted . operating expenses were $ 12.48 billion for 2012 , 3% ( 3 % ) lower than 2011 , primarily due to lower brokerage , clearing , exchange and distribution fees , and lower impairment charges , partially offset by higher net provisions for litigation and regulatory proceedings . pre-tax earnings were $ 5.64 billion in 2012 , 27% ( 27 % ) higher than 2011 . 2011 versus 2010 . net revenues in institutional client services were $ 17.28 billion for 2011 , 21% ( 21 % ) lower than 2010 . net revenues in fixed income , currency and commodities client execution were $ 9.02 billion for 2011 , 34% ( 34 % ) lower than 2010 . although activity levels during 2011 were generally consistent with 2010 levels , and results were solid during the first quarter of 2011 , the environment during the remainder of 2011 was characterized by broad market concerns and uncertainty , resulting in volatile markets and significantly wider credit spreads , which contributed to difficult market-making conditions and led to reductions in risk by us and our clients . as a result of these conditions , net revenues across the franchise were lower , including significant declines in mortgages and credit products , compared with 2010 . 54 goldman sachs 2012 annual report .\nQuestion: what was the value of pre-tax earnings in 2011?\nAnswer: 4443.0\nQuestion: what was the value of pre-tax earnings in 2010?\nAnswer: 6802.0\nQuestion: what was the net change in value?\n" }, { "role": "agent", "content": "-2359.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nan average of 7.1 in 2000 . the top 100 largest clients used an average of 11.3 products in 2001 , up from an average of 11.2 in 2000 . state street benefits significantly from its ability to derive revenue from the transaction flows of clients . this occurs through the management of cash positions , including deposit balances and other short-term investment activities , using state street 2019s balance sheet capacity . significant foreign currency transaction volumes provide potential for foreign exchange trading revenue as well . fee revenue total operating fee revenuewas $ 2.8 billion in 2001 , compared to $ 2.7 billion in 2000 , an increase of 6% ( 6 % ) . adjusted for the formation of citistreet , the growth in fee revenue was 8% ( 8 % ) . growth in servicing fees of $ 199million , or 14% ( 14 % ) , was the primary contributor to the increase in fee revenue . this growth primarily reflects several large client wins installed starting in the latter half of 2000 and continuing throughout 2001 , and strength in fee revenue from securities lending . declines in equity market values worldwide offset some of the growth in servicing fees . management fees were down 5% ( 5 % ) , adjusted for the formation of citistreet , reflecting the decline in theworldwide equitymarkets . foreign exchange trading revenue was down 5% ( 5 % ) , reflecting lower currency volatility , and processing fees and other revenue was up 21% ( 21 % ) , primarily due to gains on the sales of investment securities . servicing and management fees are a function of several factors , including the mix and volume of assets under custody and assets under management , securities positions held , and portfolio transactions , as well as types of products and services used by clients . state street estimates , based on a study conducted in 2000 , that a 10% ( 10 % ) increase or decrease in worldwide equity values would cause a corresponding change in state street 2019s total revenue of approximately 2% ( 2 % ) . if bond values were to increase or decrease by 10% ( 10 % ) , state street would anticipate a corresponding change of approximately 1% ( 1 % ) in its total revenue . securities lending revenue in 2001 increased approximately 40% ( 40 % ) over 2000 . securities lending revenue is reflected in both servicing fees and management fees . securities lending revenue is a function of the volume of securities lent and interest rate spreads . while volumes increased in 2001 , the year-over-year increase is primarily due to wider interest rate spreads resulting from the unusual occurrence of eleven reductions in the u.s . federal funds target rate during 2001 . f e e r e v e n u e ( dollars in millions ) 2001 ( 1 ) 2000 1999 ( 2 ) change adjusted change 00-01 ( 3 ) . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001 ( 1 )</td><td>2000</td><td>1999 ( 2 )</td><td>change 00-01</td><td>adjusted change 00-01 ( 3 )</td></tr><tr><td>2</td><td>servicing fees</td><td>$ 1624</td><td>$ 1425</td><td>$ 1170</td><td>14% ( 14 % )</td><td>14% ( 14 % )</td></tr><tr><td>3</td><td>management fees</td><td>511</td><td>581</td><td>600</td><td>-12 ( 12 )</td><td>-5 ( 5 )</td></tr><tr><td>4</td><td>foreign exchange trading</td><td>368</td><td>387</td><td>306</td><td>-5 ( 5 )</td><td>-5 ( 5 )</td></tr><tr><td>5</td><td>processing fees and other</td><td>329</td><td>272</td><td>236</td><td>21</td><td>21</td></tr><tr><td>6</td><td>total fee revenue</td><td>$ 2832</td><td>$ 2665</td><td>$ 2312</td><td>6</td><td>8</td></tr></table> ( 1 ) 2001 results exclude the write-off of state street 2019s total investment in bridge of $ 50 million ( 2 ) 1999 results exclude the one-time charge of $ 57 million related to the repositioning of the investment portfolio ( 3 ) 2000 results adjusted for the formation of citistreet 4 state street corporation .\nQuestion: what was the change in the servicing fees from 1999 to 2000?\nAnswer: 255.0\nQuestion: and what were those fees in 1999?\nAnswer: 1170.0\nQuestion: how much, then, does that change represent in relation to these 1999 servicing fees, in percentage?\n" }, { "role": "agent", "content": "0.21795" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses increased slightly during 2013 by $ 3.5 to $ 140.8 compared to 2012 , primarily due to an increase in salaries and related expenses , mainly attributable to higher base salaries , benefits and temporary help , partially offset by lower severance expenses and a decrease in office and general expenses . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>net income adjusted to reconcile net income to net cashprovided by operating activities1</td><td>$ 831.2</td><td>$ 598.4</td><td>$ 697.2</td></tr><tr><td>3</td><td>net cash used in working capital b2</td><td>-131.1 ( 131.1 )</td><td>-9.6 ( 9.6 )</td><td>-293.2 ( 293.2 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities using cash</td><td>-30.6 ( 30.6 )</td><td>4.1</td><td>-46.8 ( 46.8 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 669.5</td><td>$ 592.9</td><td>$ 357.2</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-200.8 ( 200.8 )</td><td>-224.5 ( 224.5 )</td><td>-210.2 ( 210.2 )</td></tr><tr><td>7</td><td>net cash ( used in ) provided by financing activities</td><td>-343.9 ( 343.9 )</td><td>-1212.3 ( 1212.3 )</td><td>131.3</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash ( gain ) loss related to early extinguishment of debt , and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities net cash provided by operating activities during 2014 was $ 669.5 , which was an improvement of $ 76.6 as compared to 2013 , primarily as a result of an increase in net income , offset by an increase in working capital usage of $ 121.5 . due to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters . our net working capital usage in 2014 was impacted by our media businesses . net cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income . the improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies . the timing of media buying on behalf of our clients affects our working capital and operating cash flow . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible we pay production and media charges after we have received funds from our clients . the amounts involved substantially exceed our revenues and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . investing activities net cash used in investing activities during 2014 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 148.7 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 67.8 related to acquisitions completed during 2014 , net of cash acquired. .\nQuestion: what was the net cash provided by operating activities in 2014?\n" }, { "role": "agent", "content": "669.5" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution . includes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities . 2030 interest rate products . government bonds , money market instruments such as commercial paper , treasury bills , repurchase agreements and other highly liquid securities and instruments , as well as interest rate swaps , options and other derivatives . 2030 credit products . investment-grade corporate securities , high-yield securities , credit derivatives , bank and bridge loans , municipal securities , emerging market and distressed debt , and trade claims . 2030 mortgages . commercial mortgage-related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s . government agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives . 2030 currencies . most currencies , including growth-market currencies . 2030 commodities . crude oil and petroleum products , natural gas , base , precious and other metals , electricity , coal , agricultural and other commodity products . equities . includes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions . equities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees . the table below presents the operating results of our institutional client services segment. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2014</td><td>year ended december 2013</td><td>year ended december 2012</td></tr><tr><td>2</td><td>fixed income currency and commodities client execution</td><td>$ 8461</td><td>$ 8651</td><td>$ 9914</td></tr><tr><td>3</td><td>equities client execution1</td><td>2079</td><td>2594</td><td>3171</td></tr><tr><td>4</td><td>commissions and fees</td><td>3153</td><td>3103</td><td>3053</td></tr><tr><td>5</td><td>securities services</td><td>1504</td><td>1373</td><td>1986</td></tr><tr><td>6</td><td>total equities</td><td>6736</td><td>7070</td><td>8210</td></tr><tr><td>7</td><td>total net revenues</td><td>15197</td><td>15721</td><td>18124</td></tr><tr><td>8</td><td>operating expenses</td><td>10880</td><td>11792</td><td>12490</td></tr><tr><td>9</td><td>pre-tax earnings</td><td>$ 4317</td><td>$ 3929</td><td>$ 5634</td></tr></table> 1 . net revenues related to the americas reinsurance business were $ 317 million for 2013 and $ 1.08 billion for 2012 . in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business . 42 goldman sachs 2014 annual report .\nQuestion: what was the pre-tax earnings at the end of 2014?\n" }, { "role": "agent", "content": "4317.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nf0b7 financial expectations 2013 we are cautious about the economic environment , but , assuming that industrial production grows approximately 3% ( 3 % ) as projected , volume should exceed 2013 levels . even with no volume growth , we expect earnings to exceed 2013 earnings , generated by core pricing gains , on-going network improvements and productivity initiatives . we expect that free cash flow for 2014 will be lower than 2013 as higher cash from operations will be more than offset by additional cash of approximately $ 400 million that will be used to pay income taxes that were previously deferred through bonus depreciation , increased capital spend and higher dividend payments . results of operations operating revenues millions 2013 2012 2011 % ( % ) change 2013 v 2012 % ( % ) change 2012 v 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2013</td><td>2012</td><td>2011</td><td>% ( % ) change 2013 v 2012</td><td>% ( % ) change 2012 v 2011</td></tr><tr><td>2</td><td>freight revenues</td><td>$ 20684</td><td>$ 19686</td><td>$ 18508</td><td>5% ( 5 % )</td><td>6% ( 6 % )</td></tr><tr><td>3</td><td>other revenues</td><td>1279</td><td>1240</td><td>1049</td><td>3</td><td>18</td></tr><tr><td>4</td><td>total</td><td>$ 21963</td><td>$ 20926</td><td>$ 19557</td><td>5% ( 5 % )</td><td>7% ( 7 % )</td></tr></table> we generate freight revenues by transporting freight or other materials from our six commodity groups . freight revenues vary with volume ( carloads ) and arc . changes in price , traffic mix and fuel surcharges drive arc . we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as reductions to freight revenues based on the actual or projected future shipments . we recognize freight revenues as shipments move from origin to destination . we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them . other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage . we recognize other revenues as we perform services or meet contractual obligations . freight revenues from five of our six commodity groups increased during 2013 compared to 2012 . revenue from agricultural products was down slightly compared to 2012 . arc increased 5% ( 5 % ) , driven by core pricing gains , shifts in business mix and an automotive logistics management arrangement . volume was essentially flat year over year as growth in automotives , frac sand , crude oil and domestic intermodal offset declines in coal , international intermodal and grain shipments . freight revenues from four of our six commodity groups increased during 2012 compared to 2011 . revenues from coal and agricultural products declined during the year . our franchise diversity allowed us to take advantage of growth from shale-related markets ( crude oil , frac sand and pipe ) and strong automotive manufacturing , which offset volume declines from coal and agricultural products . arc increased 7% ( 7 % ) , driven by core pricing gains and higher fuel cost recoveries . improved fuel recovery provisions and higher fuel prices , including the lag effect of our programs ( surcharges trail fluctuations in fuel price by approximately two months ) , combined to increase revenues from fuel surcharges . our fuel surcharge programs generated freight revenues of $ 2.6 billion , $ 2.6 billion , and $ 2.2 billion in 2013 , 2012 , and 2011 , respectively . fuel surcharge in 2013 was essentially flat versus 2012 as lower fuel price offset improved fuel recovery provisions and the lag effect of our programs ( surcharges trail fluctuations in fuel price by approximately two months ) . rising fuel prices and more shipments subject to fuel surcharges drove the increase from 2011 to 2012 . in 2013 , other revenue increased from 2012 due primarily to miscellaneous contract revenue and higher revenues at our subsidiaries that broker intermodal and automotive services . in 2012 , other revenues increased from 2011 due primarily to higher revenues at our subsidiaries that broker intermodal and automotive services . assessorial revenues also increased in 2012 due to container revenue related to an increase in intermodal shipments. .\nQuestion: what was the value of the fuel surcharge revenue in 2012?\nAnswer: 2.6\nQuestion: what was the value in 2011?\nAnswer: 2.2\nQuestion: what is the net change in value?\n" }, { "role": "agent", "content": "0.4" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ninstitutions . international paper continually monitors its positions with and the credit quality of these financial institutions and does not expect non- performance by the counterparties . note 14 capital stock the authorized capital stock at both december 31 , 2006 and 2005 , consisted of 990850000 shares of common stock , $ 1 par value ; 400000 shares of cumulative $ 4 preferred stock , without par value ( stated value $ 100 per share ) ; and 8750000 shares of serial preferred stock , $ 1 par value . the serial preferred stock is issuable in one or more series by the board of directors without further shareholder action . in july 2006 , in connection with the planned use of projected proceeds from the company 2019s trans- formation plan , international paper 2019s board of direc- tors authorized a share repurchase program to acquire up to $ 3.0 billion of the company 2019s stock . in a modified 201cdutch auction 201d tender offer completed in september 2006 , international paper purchased 38465260 shares of its common stock at a price of $ 36.00 per share , plus costs to acquire the shares , for a total cost of approximately $ 1.4 billion . in addition , in december 2006 , the company purchased an addi- tional 1220558 shares of its common stock in the open market at an average price of $ 33.84 per share , plus costs to acquire the shares , for a total cost of approximately $ 41 million . following the completion of these share repurchases , international paper had approximately 454 million shares of common stock issued and outstanding . note 15 retirement plans u.s . defined benefit plans international paper maintains pension plans that provide retirement benefits to substantially all domestic employees hired prior to july 1 , 2004 . these employees generally are eligible to participate in the plans upon completion of one year of service and attainment of age 21 . employees hired after june 30 , 2004 , who are not eligible for these pension plans receive an additional company contribution to their savings plan ( see 201cother plans 201d on page 83 ) . the plans provide defined benefits based on years of credited service and either final average earnings ( salaried employees ) , hourly job rates or specified benefit rates ( hourly and union employees ) . for its qualified defined benefit pension plan , interna- tional paper makes contributions that are sufficient to fully fund its actuarially determined costs , gen- erally equal to the minimum amounts required by the employee retirement income security act ( erisa ) . in addition , international paper made volun- tary contributions of $ 1.0 billion to the qualified defined benefit plan in 2006 , and does not expect to make any contributions in 2007 . the company also has two unfunded nonqualified defined benefit pension plans : a pension restoration plan available to employees hired prior to july 1 , 2004 that provides retirement benefits based on eligible compensation in excess of limits set by the internal revenue service , and a supplemental retirement plan for senior managers ( serp ) , which is an alternative retirement plan for senior vice presi- dents and above who are designated by the chief executive officer as participants . these nonqualified plans are only funded to the extent of benefits paid , which are expected to be $ 41 million in 2007 . net periodic pension expense service cost is the actuarial present value of benefits attributed by the plans 2019 benefit formula to services rendered by employees during the year . interest cost represents the increase in the projected benefit obli- gation , which is a discounted amount , due to the passage of time . the expected return on plan assets reflects the computed amount of current year earn- ings from the investment of plan assets using an estimated long-term rate of return . net periodic pension expense for qualified and nonqualified u.s . defined benefit plans comprised the following : in millions 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>service cost</td><td>$ 141</td><td>$ 129</td><td>$ 115</td></tr><tr><td>3</td><td>interest cost</td><td>506</td><td>474</td><td>467</td></tr><tr><td>4</td><td>expected return on plan assets</td><td>-540 ( 540 )</td><td>-556 ( 556 )</td><td>-592 ( 592 )</td></tr><tr><td>5</td><td>actuarial loss</td><td>243</td><td>167</td><td>94</td></tr><tr><td>6</td><td>amortization of prior service cost</td><td>27</td><td>29</td><td>27</td></tr><tr><td>7</td><td>net periodic pension expense ( a )</td><td>$ 377</td><td>$ 243</td><td>$ 111</td></tr></table> ( a ) excludes $ 9.1 million , $ 6.5 million and $ 3.4 million in 2006 , 2005 and 2004 , respectively , in curtailment losses , and $ 8.7 million , $ 3.6 million and $ 1.4 million in 2006 , 2005 and 2004 , respectively , of termination benefits , in connection with cost reduction programs and facility rationalizations that were recorded in restructuring and other charges in the con- solidated statement of operations . also excludes $ 77.2 million and $ 14.3 million in 2006 and 2005 , respectively , in curtailment losses , and $ 18.6 million and $ 7.6 million of termination bene- fits in 2006 and 2005 , respectively , related to certain divest- itures recorded in net losses on sales and impairments of businesses held for sale in the consolidated statement of oper- ations. .\nQuestion: what was the net periodic pension expense in 2005?\nAnswer: 243.0\nQuestion: and what was it in 2004?\n" }, { "role": "agent", "content": "111.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe pension plan investments are held in a master trust , with the northern trust company . investments in the master trust are valued at fair value , which has been determined based on fair value of the underlying investments of the master trust . investments in securities traded on public security exchanges are valued at their closing market prices on the valuation date ; where no sale was made on the valuation date , the security is generally valued at its most recent bid price . certain short-term investments are carried at cost , which approximates fair value . investments in registered investment companies and common trust funds , which primarily invest in stocks , bonds , and commodity futures , are valued using publicly available market prices for the underlying investments held by these entities . the majority of pension plan assets are invested in equity securities , because equity portfolios have historically provided higher returns than debt and other asset classes over extended time horizons , and are expected to do so in the future . correspondingly , equity investments also entail greater risks than other investments . equity risks are balanced by investing a significant portion of the plan 2019s assets in high quality debt securities . the average quality rating of the debt portfolio exceeded aa as of december 31 , 2008 and 2007 . the debt portfolio is also broadly diversified and invested primarily in u.s . treasury , mortgage , and corporate securities with an intermediate average maturity . the weighted-average maturity of the debt portfolio was 5 years at both december 31 , 2008 and 2007 , respectively . the investment of pension plan assets in securities issued by union pacific is specifically prohibited for both the equity and debt portfolios , other than through index fund holdings . other retirement programs thrift plan 2013 we provide a defined contribution plan ( thrift plan ) to eligible non-union employees and make matching contributions to the thrift plan . we match 50 cents for each dollar contributed by employees up to the first six percent of compensation contributed . our thrift plan contributions were $ 14 million in 2008 , $ 14 million in 2007 , and $ 13 million in 2006 . railroad retirement system 2013 all railroad employees are covered by the railroad retirement system ( the system ) . contributions made to the system are expensed as incurred and amounted to approximately $ 620 million in 2008 , $ 616 million in 2007 , and $ 615 million in 2006 . collective bargaining agreements 2013 under collective bargaining agreements , we provide certain postretirement healthcare and life insurance benefits for eligible union employees . premiums under the plans are expensed as incurred and amounted to $ 49 million in 2008 and $ 40 million in both 2007 and 5 . other income other income included the following for the years ended december 31 : millions of dollars 2008 2007 2006 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>rental income</td><td>$ 87</td><td>$ 68</td><td>$ 83</td></tr><tr><td>3</td><td>net gain on non-operating asset dispositions</td><td>41</td><td>52</td><td>72</td></tr><tr><td>4</td><td>interest income</td><td>21</td><td>50</td><td>29</td></tr><tr><td>5</td><td>sale of receivables fees</td><td>-23 ( 23 )</td><td>-35 ( 35 )</td><td>-33 ( 33 )</td></tr><tr><td>6</td><td>non-operating environmental costs and other</td><td>-34 ( 34 )</td><td>-19 ( 19 )</td><td>-33 ( 33 )</td></tr><tr><td>7</td><td>total</td><td>$ 92</td><td>$ 116</td><td>$ 118</td></tr></table> .\nQuestion: what was the rental income in 2008?\nAnswer: 87.0\nQuestion: what was it in 2007?\n" }, { "role": "agent", "content": "68.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndecreased production volume as final aircraft deliveries were completed during the second quarter of 2012 and $ 50 million from the favorable resolution of a contractual matter during the second quarter of 2012 ; and about $ 270 million for various other programs ( primarily sustainment activities ) due to decreased volume . the decreases were partially offset by higher net sales of about $ 295 million for f-35 production contracts due to increased production volume and risk retirements ; approximately $ 245 million for the c-5 program due to increased aircraft deliveries ( six aircraft delivered in 2013 compared to four in 2012 ) and other modernization activities ; and about $ 70 million for the f-35 development contract due to increased volume . aeronautics 2019 operating profit for 2013 decreased $ 87 million , or 5% ( 5 % ) , compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 85 million for the f-22 program , which includes approximately $ 50 million from the favorable resolution of a contractual matter in the second quarter of 2012 and about $ 35 million due to decreased risk retirements and production volume ; approximately $ 70 million for the c-130 program due to lower risk retirements and fewer deliveries partially offset by increased sustainment activities ; about $ 65 million for the c-5 program due to the inception-to-date effect of reducing the profit booking rate in the third quarter of 2013 and lower risk retirements ; approximately $ 35 million for the f-16 program due to fewer aircraft deliveries partially offset by increased sustainment activity and aircraft configuration mix . the decreases were partially offset by higher operating profit of approximately $ 180 million for f-35 production contracts due to increased risk retirements and volume . operating profit was comparable for the f-35 development contract and included adjustments of approximately $ 85 million to reflect the inception-to-date impacts of the downward revisions to the profit booking rate in both 2013 and 2012 . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 75 million lower for 2013 compared to backlog backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . backlog decreased in 2013 compared to 2012 mainly due to lower orders on f-16 , c-5 and c-130 programs , partially offset by higher orders on the f-35 program . trends we expect aeronautics 2019 2015 net sales to be comparable or slightly behind 2014 due to a decline in f-16 deliveries as well as a decline in f-35 development activity , partially offset by an increase in production contracts . operating profit is also expected to decrease in the low single digit range , due primarily to contract mix , resulting in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>net sales</td><td>$ 7788</td><td>$ 8367</td><td>$ 8846</td></tr><tr><td>3</td><td>operating profit</td><td>699</td><td>759</td><td>808</td></tr><tr><td>4</td><td>operating margins</td><td>9.0% ( 9.0 % )</td><td>9.1% ( 9.1 % )</td><td>9.1% ( 9.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 8700</td><td>$ 8300</td><td>$ 8700</td></tr></table> 2014 compared to 2013 is&gs 2019 net sales decreased $ 579 million , or 7% ( 7 % ) , for 2014 compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 645 million for 2014 due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo and ptds ) and defense budgets tied to command and control programs ; and approximately $ 490 million for 2014 due to a decline in volume for various ongoing programs , which reflects lower funding levels and programs impacted by in-theater force reductions . the decreases were partially offset by higher net sales of about $ 550 million for 2014 due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies. .\nQuestion: what was the difference in net sales from 2012 to 2013?\n" }, { "role": "agent", "content": "-479.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe goldman sachs group , inc . and subsidiaries notes to consolidated financial statements lending commitments the firm 2019s lending commitments are agreements to lend with fixed termination dates and depend on the satisfaction of all contractual conditions to borrowing . these commitments are presented net of amounts syndicated to third parties . the total commitment amount does not necessarily reflect actual future cash flows because the firm may syndicate all or substantial additional portions of these commitments . in addition , commitments can expire unused or be reduced or cancelled at the counterparty 2019s request . the table below presents information about lending commitments. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>as of december 2018</td><td>as of december 2017</td></tr><tr><td>2</td><td>held for investment</td><td>$ 120997</td><td>$ 124504</td></tr><tr><td>3</td><td>held for sale</td><td>8602</td><td>9838</td></tr><tr><td>4</td><td>at fair value</td><td>7983</td><td>9404</td></tr><tr><td>5</td><td>total</td><td>$ 137582</td><td>$ 143746</td></tr></table> in the table above : 2030 held for investment lending commitments are accounted for on an accrual basis . see note 9 for further information about such commitments . 2030 held for sale lending commitments are accounted for at the lower of cost or fair value . 2030 gains or losses related to lending commitments at fair value , if any , are generally recorded , net of any fees in other principal transactions . 2030 substantially all lending commitments relates to the firm 2019s investing & lending segment . commercial lending . the firm 2019s commercial lending commitments were primarily extended to investment-grade corporate borrowers . such commitments included $ 93.99 billion as of december 2018 and $ 85.98 billion as of december 2017 , related to relationship lending activities ( principally used for operating and general corporate purposes ) and $ 27.92 billion as of december 2018 and $ 42.41 billion as of december 2017 , related to other investment banking activities ( generally extended for contingent acquisition financing and are often intended to be short-term in nature , as borrowers often seek to replace them with other funding sources ) . the firm also extends lending commitments in connection with other types of corporate lending , as well as commercial real estate financing . see note 9 for further information about funded loans . sumitomo mitsui financial group , inc . ( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) . the notional amount of such loan commitments was $ 15.52 billion as of december 2018 and $ 25.70 billion as of december 2017 . the credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million . in addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.0 billion , of which $ 550 million of protection had been provided as of both december 2018 and december 2017 . the firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg . these instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index . warehouse financing . the firm provides financing to clients who warehouse financial assets . these arrangements are secured by the warehoused assets , primarily consisting of consumer and corporate loans . contingent and forward starting collateralized agreements / forward starting collateralized financings forward starting collateralized agreements includes resale and securities borrowing agreements , and forward starting collateralized financings includes repurchase and secured lending agreements that settle at a future date , generally within three business days . the firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements . the firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused . letters of credit the firm has commitments under letters of credit issued by various banks which the firm provides to counterparties in lieu of securities or cash to satisfy various collateral and margin deposit requirements . investment commitments investment commitments includes commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages . investment commitments included $ 2.42 billion as of december 2018 and $ 2.09 billion as of december 2017 , related to commitments to invest in funds managed by the firm . if these commitments are called , they would be funded at market value on the date of investment . goldman sachs 2018 form 10-k 159 .\nQuestion: what was the balance of lending commitments held for investment in 2018?\n" }, { "role": "agent", "content": "120997.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe company recognizes the effect of income tax positions only if sustaining those positions is more likely than not . changes in recognition or measurement are reflected in the period in which a change in judgment occurs . the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income . changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests . the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses . it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date . business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained . this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed . in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations . in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination . the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations . the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements . the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary . the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position . the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests . in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests . changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions . if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income . in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income . prior period amounts have been restated to conform to the current year 2019s presentation . the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>as of december 31</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>equity as previously reported</td><td>$ 5310</td><td>$ 6221</td></tr><tr><td>3</td><td>increase for reclassification of non-controlling interests</td><td>105</td><td>40</td></tr><tr><td>4</td><td>equity as adjusted</td><td>$ 5415</td><td>$ 6261</td></tr></table> the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income . the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively . net .\nQuestion: what is the net change he reclassification of non-controlling interests from 2007 to 2008?\nAnswer: 65.0\nQuestion: what is the reclassification of non-controlling interests in 2007?\nAnswer: 40.0\nQuestion: what percentage change does this represent?\nAnswer: 1.625\nQuestion: what about the reclassification of non-controlling interests in 2008?\nAnswer: 105.0\nQuestion: what is the total balance of equity as previously reported in 2008?\nAnswer: 5310.0\nQuestion: what portion of equity balance is related to reclassification of non-controlling interests?\n" }, { "role": "agent", "content": "0.01977" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nappropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .\nQuestion: what was the net change in accrued wages and vacation from 2014 to 2015?\n" }, { "role": "agent", "content": "-18.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nhr solutions . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>revenue</td><td>$ 2111</td><td>$ 1267</td><td>$ 1356</td></tr><tr><td>3</td><td>operating income</td><td>234</td><td>203</td><td>208</td></tr><tr><td>4</td><td>operating margin</td><td>11.1% ( 11.1 % )</td><td>16.0% ( 16.0 % )</td><td>15.3% ( 15.3 % )</td></tr></table> in october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies . hewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand . hewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 . our hr solutions segment generated approximately 25% ( 25 % ) of our consolidated total revenues in 2010 and provides a broad range of human capital services , as follows : consulting services : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees . benefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services . 2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration . 2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries . 2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management . outsourcing services : 2022 benefits outsourcing applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services . our model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions . 2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and record and manage talent , workforce and other core hr process transactions as well as other complementary services such as absence management , flexible spending , dependent audit and participant advocacy . beginning in late 2008 , the disruption in the global credit markets and the deterioration of the financial markets created significant uncertainty in the marketplace . weak economic conditions globally continued throughout 2010 . the prolonged economic downturn is adversely impacting our clients 2019 financial condition and therefore the levels of business activities in the industries and geographies where we operate . while we believe that the majority of our practices are well positioned to manage through this time , these challenges are reducing demand for some of our services and putting .\nQuestion: considering the amount from hr solutions and the percentage it represented in relation to the total revenue, what was that total revenue for aon in 2010, in millions?\nAnswer: 8444.0\nQuestion: and from 2009 to that year, what was the change in revenues?\nAnswer: 844.0\nQuestion: what is this change as a percentage of those revenues in 2009?\n" }, { "role": "agent", "content": "0.66614" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfor the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities . unrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales . for the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities . unrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales . note 13 . equity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards . in addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan . the 1997 plan expired on december 18 , 2006 . as of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan . as of december 31 , 2006 , 106045 awards have been made under the 2006 plan . we have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made . the exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant . stock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant . for restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights . in general , these grants vest over three years . for deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant . generally , these grants vest over two- , three- or four-year periods . performance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods . payment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period . we record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period . we use a black-scholes option-pricing model to estimate the fair value of the options granted . the weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>dividend yield</td><td>1.41% ( 1.41 % )</td><td>1.85% ( 1.85 % )</td><td>1.35% ( 1.35 % )</td></tr><tr><td>3</td><td>expected volatility</td><td>26.50</td><td>28.70</td><td>27.10</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>4.60</td><td>4.19</td><td>3.02</td></tr><tr><td>5</td><td>expected option lives ( in years )</td><td>7.8</td><td>7.8</td><td>5.0</td></tr></table> compensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . the related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively . seq 87 copyarea : 38 . x 54 . trimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\\\fc\\\\delivery_1024177\\\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) .\nQuestion: what wast the risk free interest rate in 2006?\nAnswer: 4.6\nQuestion: what was the rate in 2005?\nAnswer: 4.19\nQuestion: what was the difference?\nAnswer: 0.41\nQuestion: what was the percent change?\n" }, { "role": "agent", "content": "0.09785" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican 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 . <table class='wikitable'><tr><td>1</td><td>-</td><td>preliminary purchase price allocation</td></tr><tr><td>2</td><td>current assets</td><td>$ 8763</td></tr><tr><td>3</td><td>non-current assets</td><td>2332</td></tr><tr><td>4</td><td>property and equipment</td><td>26711</td></tr><tr><td>5</td><td>intangible assets ( 1 )</td><td>21079</td></tr><tr><td>6</td><td>other non-current liabilities</td><td>-1349 ( 1349 )</td></tr><tr><td>7</td><td>fair value of net assets acquired</td><td>$ 57536</td></tr><tr><td>8</td><td>goodwill ( 2 )</td><td>5998</td></tr></table> ( 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 ) . .\nQuestion: what was the total in acquired customer-related and network location intangibles, from american tower corporation and subsidiaries notes to consolidated financial statements, in millions?\nAnswer: 147.7\nQuestion: and what is the expected period in which those location intangibles will be amortized, in years?\nAnswer: 20.0\nQuestion: what is, then, the expected annual amortization expenses, in millions?\nAnswer: 7.385\nQuestion: from that same company, what was the value of current assets, from 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?\n" }, { "role": "agent", "content": "11095.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n112 / sl green realty corp . 2017 annual report 20 . commitments and contingencies legal proceedings as of december a031 , 2017 , the company and the operating partnership were not involved in any material litigation nor , to management 2019s knowledge , was any material litigation threat- ened against us or our portfolio which if adversely determined could have a material adverse impact on us . environmental matters our management believes that the properties are in compliance in all material respects with applicable federal , state and local ordinances and regulations regarding environmental issues . management is not aware of any environmental liability that it believes would have a materially adverse impact on our financial position , results of operations or cash flows . management is unaware of any instances in which it would incur significant envi- ronmental cost if any of our properties were sold . employment agreements we have entered into employment agreements with certain exec- utives , which expire between december a02018 and february a02020 . the minimum cash-based compensation , including base sal- ary and guaranteed bonus payments , associated with these employment agreements total $ 5.4 a0million for 2018 . in addition these employment agreements provide for deferred compen- sation awards based on our stock price and which were valued at $ 1.6 a0million on the grant date . the value of these awards may change based on fluctuations in our stock price . insurance we maintain 201call-risk 201d property and rental value coverage ( includ- ing coverage regarding the perils of flood , earthquake and terrorism , excluding nuclear , biological , chemical , and radiological terrorism ( 201cnbcr 201d ) ) , within three property insurance programs and liability insurance . separate property and liability coverage may be purchased on a stand-alone basis for certain assets , such as the development of one vanderbilt . additionally , our captive insurance company , belmont insurance company , or belmont , pro- vides coverage for nbcr terrorist acts above a specified trigger , although if belmont is required to pay a claim under our insur- ance policies , we would ultimately record the loss to the extent of belmont 2019s required payment . however , there is no assurance that in the future we will be able to procure coverage at a reasonable cost . further , if we experience losses that are uninsured or that exceed policy limits , we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those plan trustees adopted a rehabilitation plan consistent with this requirement . no surcharges have been paid to the pension plan as of december a031 , 2017 . for the pension plan years ended june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 257.8 a0million , $ 249.5 a0million , and $ 221.9 a0million . our contributions to the pension plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . the health plan was established under the terms of collective bargaining agreements between the union , the realty advisory board on labor relations , inc . and certain other employees . the health plan provides health and other benefits to eligible participants employed in the building service industry who are covered under collective bargaining agreements , or other writ- ten agreements , with the union . the health plan is administered by a board of trustees with equal representation by the employ- ers and the union and operates under employer identification number a013-2928869 . the health plan receives contributions in accordance with collective bargaining agreements or participa- tion agreements . generally , these agreements provide that the employers contribute to the health plan at a fixed rate on behalf of each covered employee . for the health plan years ended , june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 1.3 a0billion , $ 1.2 a0billion and $ 1.1 a0billion , respectively . our contributions to the health plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . contributions we made to the multi-employer plans for the years ended december a031 , 2017 , 2016 and 2015 are included in the table below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>benefit plan</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>pension plan</td><td>$ 3856</td><td>$ 3979</td><td>$ 2732</td></tr><tr><td>3</td><td>health plan</td><td>11426</td><td>11530</td><td>8736</td></tr><tr><td>4</td><td>other plans</td><td>1463</td><td>1583</td><td>5716</td></tr><tr><td>5</td><td>total plan contributions</td><td>$ 16745</td><td>$ 17092</td><td>$ 17184</td></tr></table> 401 ( k ) plan in august a01997 , we implemented a 401 ( k ) a0savings/retirement plan , or the 401 ( k ) a0plan , to cover eligible employees of ours , and any designated affiliate . the 401 ( k ) a0plan permits eligible employees to defer up to 15% ( 15 % ) of their annual compensation , subject to certain limitations imposed by the code . the employees 2019 elective deferrals are immediately vested and non-forfeitable upon contribution to the 401 ( k ) a0plan . during a02003 , we amended our 401 ( k ) a0plan to pro- vide for discretionary matching contributions only . for 2017 , 2016 and 2015 , a matching contribution equal to 50% ( 50 % ) of the first 6% ( 6 % ) of annual compensation was made . for the year ended december a031 , 2017 , we made a matching contribution of $ 728782 . for the years ended december a031 , 2016 and 2015 , we made matching contribu- tions of $ 566000 and $ 550000 , respectively. .\nQuestion: what was the value of pension plans for 2017?\n" }, { "role": "agent", "content": "3856.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nliquidity the primary source of our liquidity is cash flow from operations . over the most recent two-year period , our operations have generated $ 5.6 billion in cash . a substantial portion of this operating cash flow has been returned to shareholders through share repurchases and dividends . we also use cash from operations to fund our capital expenditures and acquisitions . we typically use a combination of cash , notes payable , and long-term debt , and occasionally issue shares of stock , to finance significant acquisitions . as of may 26 , 2019 , we had $ 399 million of cash and cash equivalents held in foreign jurisdictions . as a result of the tcja , the historic undistributed earnings of our foreign subsidiaries were taxed in the u.s . via the one-time repatriation tax in fiscal 2018 . we have re-evaluated our assertion and have concluded that although earnings prior to fiscal 2018 will remain permanently reinvested , we will no longer make a permanent reinvestment assertion beginning with our fiscal 2018 earnings . as part of the accounting for the tcja , we recorded local country withholding taxes related to certain entities from which we began repatriating undistributed earnings and will continue to record local country withholding taxes on all future earnings . as a result of the transition tax , we may repatriate our cash and cash equivalents held by our foreign subsidiaries without such funds being subject to further u.s . income tax liability ( please see note 14 to the consolidated financial statements in item 8 of this report for additional information ) . cash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2019</td><td>fiscal year 2018</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 1786.2</td><td>$ 2163.0</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>620.1</td><td>618.8</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-72.0 ( 72.0 )</td><td>-84.7 ( 84.7 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>86.7</td><td>113.2</td></tr><tr><td>6</td><td>stock-based compensation</td><td>84.9</td><td>77.0</td></tr><tr><td>7</td><td>deferred income taxes</td><td>93.5</td><td>-504.3 ( 504.3 )</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-28.8 ( 28.8 )</td><td>-31.8 ( 31.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>6.1</td><td>4.6</td></tr><tr><td>10</td><td>divestitures loss</td><td>30.0</td><td>-</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>235.7</td><td>126.0</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>-7.5 ( 7.5 )</td><td>542.1</td></tr><tr><td>13</td><td>other net</td><td>-27.9 ( 27.9 )</td><td>-182.9 ( 182.9 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2807.0</td><td>$ 2841.0</td></tr></table> during fiscal 2019 , cash provided by operations was $ 2807 million compared to $ 2841 million in the same period last year . the $ 34 million decrease was primarily driven by a $ 377 million decrease in net earnings and a $ 550 million change in current assets and liabilities , partially offset by a $ 598 million change in deferred income taxes . the $ 550 million change in current assets and liabilities was primarily driven by a $ 413 million change in the timing of accounts payable , including the impact of longer payment terms implemented in prior fiscal years . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja in fiscal we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2019 , core working capital decreased 34 percent , compared to a net sales increase of 7 percent . as of may 26 , 2019 , our core working capital balance totaled $ 385 million , down 34 percent versus last year , this is primarily driven by continued benefits from our payment terms extension program and lower inventory balances . in fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent. .\nQuestion: what was the change in the cash provided by operations from 2018 to 2019?\nAnswer: -34.0\nQuestion: and what was that cash in 2018?\nAnswer: 2841.0\nQuestion: how much, then, does that change represent in relation to this 2018 cash provided by operations, in percentage?\n" }, { "role": "agent", "content": "-0.01197" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\njpmorgan chase & co./2010 annual report 59 consolidated results of operations this following section provides a comparative discussion of jpmorgan chase 2019s consolidated results of operations on a reported basis for the three-year period ended december 31 , 2010 . factors that related primarily to a single business segment are discussed in more detail within that business segment . for a discussion of the critical accounting estimates used by the firm that affect the consolidated results of operations , see pages 149 2013 154 of this annual report . revenue year ended december 31 , ( in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>investment banking fees</td><td>$ 6190</td><td>$ 7087</td><td>$ 5526</td></tr><tr><td>3</td><td>principal transactions</td><td>10894</td><td>9796</td><td>-10699 ( 10699 )</td></tr><tr><td>4</td><td>lending- and deposit-related fees</td><td>6340</td><td>7045</td><td>5088</td></tr><tr><td>5</td><td>asset management administrationand commissions</td><td>13499</td><td>12540</td><td>13943</td></tr><tr><td>6</td><td>securities gains</td><td>2965</td><td>1110</td><td>1560</td></tr><tr><td>7</td><td>mortgage fees and related income</td><td>3870</td><td>3678</td><td>3467</td></tr><tr><td>8</td><td>credit card income</td><td>5891</td><td>7110</td><td>7419</td></tr><tr><td>9</td><td>other income</td><td>2044</td><td>916</td><td>2169</td></tr><tr><td>10</td><td>noninterest revenue</td><td>51693</td><td>49282</td><td>28473</td></tr><tr><td>11</td><td>net interest income</td><td>51001</td><td>51152</td><td>38779</td></tr><tr><td>12</td><td>total net revenue</td><td>$ 102694</td><td>$ 100434</td><td>$ 67252</td></tr></table> 2010 compared with 2009 total net revenue for 2010 was $ 102.7 billion , up by $ 2.3 billion , or 2% ( 2 % ) , from 2009 . results for 2010 were driven by a higher level of securities gains and private equity gains in corporate/private equity , higher asset management fees in am and administration fees in tss , and higher other income in several businesses , partially offset by lower credit card income . investment banking fees decreased from 2009 due to lower equity underwriting and advisory fees , partially offset by higher debt underwriting fees . competitive markets combined with flat industry-wide equity underwriting and completed m&a volumes , resulted in lower equity underwriting and advisory fees ; while strong industry-wide loan syndication and high-yield bond volumes drove record debt underwriting fees in ib . for additional information on investment banking fees , which are primarily recorded in ib , see ib segment results on pages 69 201371 of this annual report . principal transactions revenue , which consists of revenue from the firm 2019s trading and private equity investing activities , increased compared with 2009 . this was driven by the private equity business , which had significant private equity gains in 2010 , compared with a small loss in 2009 , reflecting improvements in market conditions . trading revenue decreased , reflecting lower results in corporate , offset by higher revenue in ib primarily reflecting gains from the widening of the firm 2019s credit spread on certain structured and derivative liabilities . for additional information on principal transactions revenue , see ib and corporate/private equity segment results on pages 69 201371 and 89 2013 90 , respectively , and note 7 on pages 199 2013200 of this annual report . lending- and deposit-related fees decreased in 2010 from 2009 levels , reflecting lower deposit-related fees in rfs associated , in part , with newly-enacted legislation related to non-sufficient funds and overdraft fees ; this was partially offset by higher lending- related service fees in ib , primarily from growth in business volume , and in cb , primarily from higher commitment and letter-of-credit fees . for additional information on lending- and deposit-related fees , which are mostly recorded in ib , rfs , cb and tss , see segment results for ib on pages 69 201371 , rfs on pages 72 201378 , cb on pages 82 201383 and tss on pages 84 201385 of this annual report . asset management , administration and commissions revenue increased from 2009 . the increase largely reflected higher asset management fees in am , driven by the effect of higher market levels , net inflows to products with higher margins and higher performance fees ; and higher administration fees in tss , reflecting the effects of higher market levels and net inflows of assets under custody . this increase was partially offset by lower brokerage commissions in ib , as a result of lower market volumes . for additional information on these fees and commissions , see the segment discussions for am on pages 86 201388 and tss on pages 84 201385 of this annual report . securities gains were significantly higher in 2010 compared with 2009 , resulting primarily from the repositioning of the portfolio in response to changes in the interest rate environment and to rebalance exposure . for additional information on securities gains , which are mostly recorded in the firm 2019s corporate segment , see the corporate/private equity segment discussion on pages 89 201390 of this annual report . mortgage fees and related income increased in 2010 compared with 2009 , driven by higher mortgage production revenue , reflecting increased mortgage origination volumes in rfs and am , and wider margins , particularly in rfs . this increase was largely offset by higher repurchase losses in rfs ( recorded as contra- revenue ) , which were attributable to higher estimated losses related to repurchase demands , predominantly from gses . for additional information on mortgage fees and related income , which is recorded primarily in rfs , see rfs 2019s mortgage banking , auto & other consumer lending discussion on pages 74 201377 of this annual report . for additional information on repurchase losses , see the repurchase liability discussion on pages 98 2013101 and note 30 on pages 275 2013280 of this annual report . credit card income decreased during 2010 , predominantly due to the impact of the accounting guidance related to vies , effective january 1 , 2010 , that required the firm to consolidate the assets and liabilities of its firm-sponsored credit card securitization trusts . adoption of the new guidance resulted in the elimination of all servicing fees received from firm-sponsored credit card securitization trusts ( which was offset by related increases in net .\nQuestion: what portion ot total net revenue is generated by noninterest revenue\tin 2009?\nAnswer: 0.49069\nQuestion: what is the noninterest revenue in 2010?\nAnswer: 51693.0\nQuestion: what about the total net revenue?\nAnswer: 102694.0\nQuestion: what portion is generated by noninterest revenue?\n" }, { "role": "agent", "content": "0.50337" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 31 2017</td><td>december 31 2016</td><td>december 31 2017</td><td>2016</td></tr><tr><td>2</td><td>client deposits</td><td>$ 180149</td><td>$ 176693</td><td>$ 158996</td><td>$ 156029</td></tr><tr><td>3</td><td>wholesale cds</td><td>4747</td><td>10470</td><td>4812</td><td>14456</td></tr><tr><td>4</td><td>total deposits</td><td>$ 184896</td><td>$ 187163</td><td>$ 163808</td><td>$ 170485</td></tr></table> short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy . these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales . in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors . as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral . short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase . these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities . these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively . state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2017 , there was no balance outstanding on this line of credit . long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients . in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt . agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies . factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments . high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings . a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds . in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts . a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings . we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies . the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k . other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .\nQuestion: what was the balance of collateral in the form of high-quality investment securities in 2016?\nAnswer: 4.4\nQuestion: and what was it in 2017?\n" }, { "role": "agent", "content": "2.84" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n22 2016 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2016 , of the market performance of the company 2019s common stock with the s&p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>116.62</td><td>161.33</td><td>206.53</td><td>228.24</td><td>312.11</td></tr><tr><td>3</td><td>peer group</td><td>100.00</td><td>107.65</td><td>126.89</td><td>174.28</td><td>219.46</td><td>251.24</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>105.45</td><td>127.17</td><td>158.46</td><td>170.22</td><td>177.02</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2011 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . companies in the peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . heartland payment systems , inc . was removed from the peer group as it merged with global payments , inc . in april 2016. .\nQuestion: what was the change in the performance value of the peer group stock from 2014 to 2016?\nAnswer: 45.18\nQuestion: and what is this change as a percent of that value in 2014?\n" }, { "role": "agent", "content": "0.25924" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nequity compensation plan information the plan documents for the plans described in the footnotes below are included as exhibits to this form 10-k , and are incorporated herein by reference in their entirety . the following table provides information as of dec . 31 , 2006 regarding the number of shares of ppg common stock that may be issued under ppg 2019s equity compensation plans . plan category securities exercise of outstanding options , warrants and rights weighted- average exercise price of outstanding warrants and rights number of securities remaining available for future issuance under equity compensation ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders ( 1 ) 9413216 $ 58.35 10265556 equity compensation plans not approved by security holders ( 2 ) , ( 3 ) 2089300 $ 70.00 2014 . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>numberof securities to be issued upon exercise of outstanding options warrants and rights ( a )</td><td>weighted- average exercise price of outstanding options warrants and rights ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders ( 1 )</td><td>9413216</td><td>$ 58.35</td><td>10265556</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders ( 2 ) ( 3 )</td><td>2089300</td><td>$ 70.00</td><td>2014</td></tr><tr><td>4</td><td>total</td><td>11502516</td><td>$ 60.57</td><td>10265556</td></tr></table> ( 1 ) equity compensation plans approved by security holders include the ppg industries , inc . stock plan , the ppg omnibus plan , the ppg industries , inc . executive officers 2019 long term incentive plan , and the ppg industries inc . long term incentive plan . ( 2 ) equity compensation plans not approved by security holders include the ppg industries , inc . challenge 2000 stock plan . this plan is a broad- based stock option plan under which the company granted to substantially all active employees of the company and its majority owned subsidiaries on july 1 , 1998 , the option to purchase 100 shares of the company 2019s common stock at its then fair market value of $ 70.00 per share . options became exercisable on july 1 , 2003 , and expire on june 30 , 2008 . there were 2089300 shares issuable upon exercise of options outstanding under this plan as of dec . 31 , 2006 . ( 3 ) excluded from the information presented here are common stock equivalents held under the ppg industries , inc . deferred compensation plan , the ppg industries , inc . deferred compensation plan for directors and the ppg industries , inc . directors 2019 common stock plan , none of which are equity compensation plans . as supplemental information , there were 491168 common stock equivalents held under such plans as of dec . 31 , 2006 . item 6 . selected financial data the information required by item 6 regarding the selected financial data for the five years ended dec . 31 , 2006 is included in exhibit 99.2 filed with this form 10-k and is incorporated herein by reference . this information is also reported in the eleven-year digest on page 72 of the annual report under the captions net sales , income ( loss ) before accounting changes , cumulative effect of accounting changes , net income ( loss ) , earnings ( loss ) per common share before accounting changes , cumulative effect of accounting changes on earnings ( loss ) per common share , earnings ( loss ) per common share , earnings ( loss ) per common share 2013 assuming dilution , dividends per share , total assets and long-term debt for the years 2002 through 2006 . item 7 . management 2019s discussion and analysis of financial condition and results of operations performance in 2006 compared with 2005 performance overview our sales increased 8% ( 8 % ) to $ 11.0 billion in 2006 compared to $ 10.2 billion in 2005 . sales increased 4% ( 4 % ) due to the impact of acquisitions , 2% ( 2 % ) due to increased volumes , and 2% ( 2 % ) due to increased selling prices . cost of sales as a percentage of sales increased slightly to 63.7% ( 63.7 % ) compared to 63.5% ( 63.5 % ) in 2005 . selling , general and administrative expense increased slightly as a percentage of sales to 17.9% ( 17.9 % ) compared to 17.4% ( 17.4 % ) in 2005 . these costs increased primarily due to higher expenses related to store expansions in our architectural coatings operating segment and increased advertising to promote growth in our optical products operating segment . other charges decreased $ 81 million in 2006 . other charges in 2006 included pretax charges of $ 185 million for estimated environmental remediation costs at sites in new jersey and $ 42 million for legal settlements offset in part by pretax earnings of $ 44 million for insurance recoveries related to the marvin legal settlement and to hurricane rita . other charges in 2005 included pretax charges of $ 132 million related to the marvin legal settlement net of related insurance recoveries of $ 18 million , $ 61 million for the federal glass class action antitrust legal settlement , $ 34 million of direct costs related to the impact of hurricanes rita and katrina , $ 27 million for an asset impairment charge in our fine chemicals operating segment and $ 19 million for debt refinancing costs . other earnings increased $ 30 million in 2006 due to higher equity earnings , primarily from our asian fiber glass joint ventures , and higher royalty income . net income and earnings per share 2013 assuming dilution for 2006 were $ 711 million and $ 4.27 , respectively , compared to $ 596 million and $ 3.49 , respectively , for 2005 . net income in 2006 included aftertax charges of $ 106 million , or 64 cents a share , for estimated environmental remediation costs at sites in new jersey and louisiana in the third quarter ; $ 26 million , or 15 cents a share , for legal settlements ; $ 23 million , or 14 cents a share for business restructuring ; $ 17 million , or 10 cents a share , to reflect the net increase in the current value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement ; and aftertax earnings of $ 24 million , or 14 cents a share for insurance recoveries . net income in 2005 included aftertax charges of $ 117 million , or 68 cents a share for legal settlements net of insurance ; $ 21 million , or 12 cents a share for direct costs related to the impact of hurricanes katrina and rita ; $ 17 million , or 10 cents a share , related to an asset impairment charge related to our fine chemicals operating segment ; $ 12 million , or 7 cents a share , for debt refinancing cost ; and $ 13 million , or 8 cents a share , to reflect the net increase in the current 2006 ppg annual report and form 10-k 19 4282_txt to be issued options , number of .\nQuestion: what were earnings per share in 2006?\nAnswer: 4.27\nQuestion: what were they in 2005?\nAnswer: 3.49\nQuestion: what is the net change?\nAnswer: 0.78\nQuestion: what were they in 2005?\n" }, { "role": "agent", "content": "3.49" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nyear ended december 31 , 2010 compared to year ended december 31 , 2009 net revenues increased $ 207.5 million , or 24.2% ( 24.2 % ) , to $ 1063.9 million in 2010 from $ 856.4 million in 2009 . net revenues by product category are summarized below: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2010</td><td>year ended december 31 , 2009</td><td>year ended december 31 , $ change</td><td>year ended december 31 , % ( % ) change</td></tr><tr><td>2</td><td>apparel</td><td>$ 853493</td><td>$ 651779</td><td>$ 201714</td><td>30.9% ( 30.9 % )</td></tr><tr><td>3</td><td>footwear</td><td>127175</td><td>136224</td><td>-9049 ( 9049 )</td><td>-6.6 ( 6.6 )</td></tr><tr><td>4</td><td>accessories</td><td>43882</td><td>35077</td><td>8805</td><td>25.1</td></tr><tr><td>5</td><td>total net sales</td><td>1024550</td><td>823080</td><td>201470</td><td>24.5</td></tr><tr><td>6</td><td>license revenues</td><td>39377</td><td>33331</td><td>6046</td><td>18.1</td></tr><tr><td>7</td><td>total net revenues</td><td>$ 1063927</td><td>$ 856411</td><td>$ 207516</td><td>24.2% ( 24.2 % )</td></tr></table> net sales increased $ 201.5 million , or 24.5% ( 24.5 % ) , to $ 1024.6 million in 2010 from $ 823.1 million in 2009 as noted in the table above . the increase in net sales primarily reflects : 2022 $ 88.9 million , or 56.8% ( 56.8 % ) , increase in direct to consumer sales , which includes 19 additional stores in 2010 ; and 2022 unit growth driven by increased distribution and new offerings in multiple product categories , most significantly in our training , base layer , mountain , golf and underwear categories ; partially offset by 2022 $ 9.0 million decrease in footwear sales driven primarily by a decline in running and training footwear sales . license revenues increased $ 6.1 million , or 18.1% ( 18.1 % ) , to $ 39.4 million in 2010 from $ 33.3 million in 2009 . this increase in license revenues was primarily a result of increased sales by our licensees due to increased distribution and continued unit volume growth . we have developed our own headwear and bags , and beginning in 2011 , these products are being sold by us rather than by one of our licensees . gross profit increased $ 120.4 million to $ 530.5 million in 2010 from $ 410.1 million in 2009 . gross profit as a percentage of net revenues , or gross margin , increased 200 basis points to 49.9% ( 49.9 % ) in 2010 compared to 47.9% ( 47.9 % ) in 2009 . the increase in gross margin percentage was primarily driven by the following : 2022 approximate 100 basis point increase driven by increased direct to consumer higher margin sales ; 2022 approximate 50 basis point increase driven by decreased sales markdowns and returns , primarily due to improved sell-through rates at retail ; and 2022 approximate 50 basis point increase driven primarily by liquidation sales and related inventory reserve reversals . the current year period benefited from reversals of inventory reserves established in the prior year relative to certain cleated footwear , sport specific apparel and gloves . these products have historically been more difficult to liquidate at favorable prices . selling , general and administrative expenses increased $ 93.3 million to $ 418.2 million in 2010 from $ 324.9 million in 2009 . as a percentage of net revenues , selling , general and administrative expenses increased to 39.3% ( 39.3 % ) in 2010 from 37.9% ( 37.9 % ) in 2009 . these changes were primarily attributable to the following : 2022 marketing costs increased $ 19.3 million to $ 128.2 million in 2010 from $ 108.9 million in 2009 primarily due to an increase in sponsorship of events and collegiate and professional teams and athletes , increased television and digital campaign costs , including media campaigns for specific customers and additional personnel costs . in addition , we incurred increased expenses for our performance incentive plan as compared to the prior year . as a percentage of net revenues , marketing costs decreased to 12.0% ( 12.0 % ) in 2010 from 12.7% ( 12.7 % ) in 2009 primarily due to decreased marketing costs for specific customers. .\nQuestion: what was the gross profit in 2010?\n" }, { "role": "agent", "content": "530.5" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 2 . properties . we conduct our primary operations at the owned and leased facilities described below . location operations conducted approximate square feet expiration new haven , connecticut corporate headquarters and executive , sales , research and development offices 514000 . <table class='wikitable'><tr><td>1</td><td>location</td><td>operations conducted</td><td>approximatesquare feet</td><td>leaseexpirationdates</td></tr><tr><td>2</td><td>new haven connecticut</td><td>corporate headquarters and executive sales research and development offices</td><td>514000</td><td>2030</td></tr><tr><td>3</td><td>dublin ireland</td><td>global supply chain distribution and administration offices</td><td>215000</td><td>owned</td></tr><tr><td>4</td><td>lexington massachusetts</td><td>research and development offices</td><td>81000</td><td>2019</td></tr><tr><td>5</td><td>bogart georgia</td><td>commercial research and development manufacturing</td><td>70000</td><td>2024</td></tr><tr><td>6</td><td>smithfield rhode island</td><td>commercial research and development manufacturing</td><td>67000</td><td>owned</td></tr><tr><td>7</td><td>zurich switzerland</td><td>regional executive and sales offices</td><td>69000</td><td>2025</td></tr></table> we believe that our administrative office space is adequate to meet our needs for the foreseeable future . we also believe that our research and development facilities and our manufacturing facility , together with third party manufacturing facilities , will be adequate for our on-going activities . in addition to the locations above , we also lease space in other u.s . locations and in foreign countries to support our operations as a global organization . as of december 31 , 2015 , we also leased approximately 254000 square feet in cheshire , connecticut , which was the previous location of our corporate headquarters and executive , sales , research and development offices . in december 2015 , we entered into an early termination of this lease and will occupy this space through may 2016 . in april 2014 , we purchased a fill/finish facility in athlone , ireland . following refurbishment of the facility , and after successful completion of the appropriate validation processes and regulatory approvals , the facility will become our first company-owned fill/finish and packaging facility for our commercial and clinical products . in may 2015 , we announced plans to construct a new biologics manufacturing facility on our existing property in dublin ireland , which is expected to be completed by 2020 . item 3 . legal proceedings . in may 2015 , we received a subpoena in connection with an investigation by the enforcement division of the sec requesting information related to our grant-making activities and compliance with the fcpa in various countries . the sec also seeks information related to alexion 2019s recalls of specific lots of soliris and related securities disclosures . in addition , in october 2015 , alexion received a request from the doj for the voluntary production of documents and other information pertaining to alexion's compliance with the fcpa . alexion is cooperating with these investigations . at this time , alexion is unable to predict the duration , scope or outcome of these investigations . given the ongoing nature of these investigations , management does not currently believe a loss related to these matters is probable or that the potential magnitude of such loss or range of loss , if any , can be reasonably estimated . item 4 . mine safety disclosures . not applicable. .\nQuestion: what is the sum of square footage for the new haven and lexington properties?\nAnswer: 595000.0\nQuestion: what is the square footage in bogart?\nAnswer: 70000.0\nQuestion: what is the total sum of those 3 locations?\n" }, { "role": "agent", "content": "665000.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstock performance graph the following performance graph compares the cumulative total return ( including dividends ) to the holders of our common stock from december 31 , 2002 through december 31 , 2007 , with the cumulative total returns of the nyse composite index , the ftse nareit composite reit index ( the 201call reit index 201d ) , the ftse nareit healthcare equity reit index ( the 201chealthcare reit index 201d ) and the russell 1000 index over the same period . the comparison assumes $ 100 was invested on december 31 , 2002 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends , as applicable . we have included the nyse composite index in the performance graph because our common stock is listed on the nyse . we have included the other indices because we believe that they are either most representative of the industry in which we compete , or otherwise provide a fair basis for comparison with ventas , and are therefore particularly relevant to an assessment of our performance . the figures in the table below are rounded to the nearest dollar. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2002</td><td>12/31/2003</td><td>12/31/2004</td><td>12/31/2005</td><td>12/31/2006</td><td>12/31/2007</td></tr><tr><td>2</td><td>ventas</td><td>$ 100</td><td>$ 206</td><td>$ 270</td><td>$ 331</td><td>$ 457</td><td>$ 512</td></tr><tr><td>3</td><td>nyse composite index</td><td>$ 100</td><td>$ 132</td><td>$ 151</td><td>$ 166</td><td>$ 200</td><td>$ 217</td></tr><tr><td>4</td><td>all reit index</td><td>$ 100</td><td>$ 138</td><td>$ 181</td><td>$ 196</td><td>$ 262</td><td>$ 215</td></tr><tr><td>5</td><td>healthcare reit index</td><td>$ 100</td><td>$ 154</td><td>$ 186</td><td>$ 189</td><td>$ 273</td><td>$ 279</td></tr><tr><td>6</td><td>russell 1000 index</td><td>$ 100</td><td>$ 130</td><td>$ 145</td><td>$ 154</td><td>$ 178</td><td>$ 188</td></tr></table> ventas nyse composite index all reit index healthcare reit index russell 1000 index .\nQuestion: what was the difference between the value of the nyse composite index in 2007 and 2002?\nAnswer: 117.0\nQuestion: how much does that difference represent in relation to the 2002 value?\n" }, { "role": "agent", "content": "1.17" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nduring 2005 , we amended our $ 1.0 billion unsecured revolving credit facility to extend its maturity date from march 27 , 2008 to march 27 , 2010 , and reduce the effective interest rate to libor plus 1.0% ( 1.0 % ) and the commitment fee to 0.2% ( 0.2 % ) of the undrawn portion of the facility at december 31 , 2005 . in addition , in 2005 , we entered into two $ 100.0 million unsecured term loans , due 2010 , at an effective interest rate of libor plus 0.8% ( 0.8 % ) at december 31 , 2005 . during 2004 , we entered into an eight-year , $ 225.0 million unse- cured term loan , at libor plus 1.75% ( 1.75 % ) , which was amended in 2005 to reduce the effective interest rate to libor plus 1.0% ( 1.0 % ) at december 31 , 2005 . the liquid yield option 2122 notes and the zero coupon convertible notes are unsecured zero coupon bonds with yields to maturity of 4.875% ( 4.875 % ) and 4.75% ( 4.75 % ) , respectively , due 2021 . each liquid yield option 2122 note and zero coupon convertible note was issued at a price of $ 381.63 and $ 391.06 , respectively , and will have a principal amount at maturity of $ 1000 . each liquid yield option 2122 note and zero coupon convertible note is convertible at the option of the holder into 11.7152 and 15.6675 shares of common stock , respec- tively , if the market price of our common stock reaches certain lev- els . these conditions were met at december 31 , 2005 and 2004 for the zero coupon convertible notes and at december 31 , 2004 for the liquid yield option 2122 notes . since february 2 , 2005 , we have the right to redeem the liquid yield option 2122 notes and commencing on may 18 , 2006 , we will have the right to redeem the zero coupon con- vertible notes at their accreted values for cash as a whole at any time , or from time to time in part . holders may require us to pur- chase any outstanding liquid yield option 2122 notes at their accreted value on february 2 , 2011 and any outstanding zero coupon con- vertible notes at their accreted value on may 18 , 2009 and may 18 , 2014 . we may choose to pay the purchase price in cash or common stock or a combination thereof . during 2005 , holders of our liquid yield option 2122 notes and zero coupon convertible notes converted approximately $ 10.4 million and $ 285.0 million , respectively , of the accreted value of these notes into approximately 0.3 million and 9.4 million shares , respec- tively , of our common stock and cash for fractional shares . in addi- tion , we called for redemption $ 182.3 million of the accreted bal- ance of outstanding liquid yield option 2122 notes . most holders of the liquid yield option 2122 notes elected to convert into shares of our common stock , rather than redeem for cash , resulting in the issuance of approximately 4.5 million shares . during 2005 , we prepaid a total of $ 297.0 million on a term loan secured by a certain celebrity ship and on a variable rate unsecured term loan . in 1996 , we entered into a $ 264.0 million capital lease to finance splendour of the seas and in 1995 we entered into a $ 260.0 million capital lease to finance legend of the seas . during 2005 , we paid $ 335.8 million in connection with the exercise of purchase options on these capital lease obligations . under certain of our agreements , the contractual interest rate and commitment fee vary with our debt rating . the unsecured senior notes and senior debentures are not redeemable prior to maturity . our debt agreements contain covenants that require us , among other things , to maintain minimum net worth and fixed charge cov- erage ratio and limit our debt to capital ratio . we are in compliance with all covenants as of december 31 , 2005 . following is a schedule of annual maturities on long-term debt as of december 31 , 2005 for each of the next five years ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>2006</td><td>$ 600883</td></tr><tr><td>2</td><td>2007</td><td>329493</td></tr><tr><td>3</td><td>2008</td><td>245257</td></tr><tr><td>4</td><td>2009 ( 1 )</td><td>361449</td></tr><tr><td>5</td><td>2010</td><td>687376</td></tr></table> 1 the $ 137.9 million accreted value of the zero coupon convertible notes at december 31 , 2005 is included in year 2009 . the holders of our zero coupon convertible notes may require us to purchase any notes outstanding at an accreted value of $ 161.7 mil- lion on may 18 , 2009 . this accreted value was calculated based on the number of notes outstanding at december 31 , 2005 . we may choose to pay any amounts in cash or common stock or a combination thereof . note 6 . shareholders 2019 equity on september 25 , 2005 , we announced that we and an investment bank had finalized a forward sale agreement relating to an asr transaction . as part of the asr transaction , we purchased 5.5 million shares of our common stock from the investment bank at an initial price of $ 45.40 per share . total consideration paid to repurchase such shares , including commissions and other fees , was approxi- mately $ 249.1 million and was recorded in shareholders 2019 equity as a component of treasury stock . the forward sale contract matured in february 2006 . during the term of the forward sale contract , the investment bank purchased shares of our common stock in the open market to settle its obliga- tion related to the shares borrowed from third parties and sold to us . upon settlement of the contract , we received 218089 additional shares of our common stock . these incremental shares will be recorded in shareholders 2019 equity as a component of treasury stock in the first quarter of 2006 . our employee stock purchase plan ( 201cespp 201d ) , which has been in effect since january 1 , 1994 , facilitates the purchase by employees of up to 800000 shares of common stock . offerings to employees are made on a quarterly basis . subject to certain limitations , the pur- chase price for each share of common stock is equal to 90% ( 90 % ) of the average of the market prices of the common stock as reported on the new york stock exchange on the first business day of the pur- chase period and the last business day of each month of the pur- chase period . shares of common stock of 14476 , 13281 and 21280 38 royal caribbean cruises ltd . notes to the consolidated financial statements ( continued ) .\nQuestion: what was the ratio of the leases for splendour and legend of the seas from 1996 to 1995?\nAnswer: 1.01538\nQuestion: what was the portion of debt maturity in 2010 compared to 2006?\n" }, { "role": "agent", "content": "1.14394" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nabiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 8 . stock award plans and stock-based compensation ( continued ) restricted stock and restricted stock units the following table summarizes restricted stock and restricted stock unit activity for the fiscal year ended march 31 , 2012 : number of shares ( in thousands ) weighted average grant date fair value ( per share ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of shares ( in thousands )</td><td>weighted average grant date fair value ( per share )</td></tr><tr><td>2</td><td>restricted stock and restricted stock units at beginning of year</td><td>407</td><td>$ 9.84</td></tr><tr><td>3</td><td>granted</td><td>607</td><td>18.13</td></tr><tr><td>4</td><td>vested</td><td>-134 ( 134 )</td><td>10.88</td></tr><tr><td>5</td><td>forfeited</td><td>-9 ( 9 )</td><td>13.72</td></tr><tr><td>6</td><td>restricted stock and restricted stock units at end of year</td><td>871</td><td>$ 15.76</td></tr></table> the remaining unrecognized compensation expense for outstanding restricted stock and restricted stock units , including performance-based awards , as of march 31 , 2012 was $ 7.1 million and the weighted-average period over which this cost will be recognized is 2.2 years . the weighted average grant-date fair value for restricted stock and restricted stock units granted during the years ended march 31 , 2012 , 2011 , and 2010 was $ 18.13 , $ 10.00 and $ 7.67 per share , respectively . the total fair value of restricted stock and restricted stock units vested in fiscal years 2012 , 2011 , and 2010 was $ 1.5 million , $ 1.0 million and $ 0.4 million , respectively . performance-based awards included in the restricted stock and restricted stock units activity discussed above are certain awards granted in fiscal years 2012 , 2011 and 2010 that vest subject to certain performance-based criteria . in june 2010 , 311000 shares of restricted stock and a performance-based award for the potential issuance of 45000 shares of common stock were issued to certain executive officers and members of senior management of the company , all of which would vest upon achievement of prescribed service milestones by the award recipients and performance milestones by the company . during the year ended march 31 , 2011 , the company determined that it met the prescribed performance targets and a portion of these shares and stock options vested . the remaining shares will vest upon satisfaction of prescribed service conditions by the award recipients . during the three months ended june 30 , 2011 , the company determined that it should have been using the graded vesting method instead of the straight-line method to expense stock-based compensation for the performance-based awards issued in june 2010 . this resulted in additional stock based compensation expense of approximately $ 0.6 million being recorded during the three months ended june 30 , 2011 that should have been recorded during the year ended march 31 , 2011 . the company believes that the amount is not material to its march 31 , 2011 consolidated financial statements and therefore recorded the adjustment in the quarter ended june 30 , 2011 . during the three months ended june 30 , 2011 , performance-based awards of restricted stock units for the potential issuance of 284000 shares of common stock were issued to certain executive officers and members of the senior management , all of which would vest upon achievement of prescribed service milestones by the award recipients and revenue performance milestones by the company . as of march 31 , 2012 , the company determined that it met the prescribed targets for 184000 shares underlying these awards and it believes it is probable that the prescribed performance targets will be met for the remaining 100000 shares , and the compensation expense is being recognized accordingly . during the year ended march 31 , 2012 , the company has recorded $ 3.3 million in stock-based compensation expense for equity awards in which the prescribed performance milestones have been achieved or are probable of being achieved . the remaining unrecognized compensation expense related to these equity awards at march 31 , 2012 is $ 3.6 million based on the company 2019s current assessment of probability of achieving the performance milestones . the weighted-average period over which this cost will be recognized is 2.1 years. .\nQuestion: what was the total value of the granted shares in 2012, in thousands of dollars?\nAnswer: 11004.91\nQuestion: and how much is that in dollars?\nAnswer: 11004910.0\nQuestion: in that same year, what was the amount of the equity awards in which the prescribed performance milestones were achieved, also in dollars?\nAnswer: 3300000.0\nQuestion: which one, then, is greater: the value of these equity awards or of those granted shares?\nAnswer: yes\nQuestion: still in 2012, what was the full amount of equity awards where the performance criteria has been met, in dollars?\nAnswer: 3600000.0\nQuestion: and what is the weighted-average period over which this cost will be recognized, in years?\nAnswer: 2.1\nQuestion: what is, then, the average compensation expense per year?\n" }, { "role": "agent", "content": "1714285.71429" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfortron industries llc . fortron is a leading global producer of pps , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance . fortron's facility is located in wilmington , north carolina . this venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha america inc . cellulose derivatives strategic ventures . our cellulose derivatives ventures generally fund their operations using operating cash flow and pay dividends based on each ventures' performance in the preceding year . in 2014 , 2013 and 2012 , we received cash dividends of $ 115 million , $ 92 million and $ 83 million , respectively . although our ownership interest in each of our cellulose derivatives ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states of america ( \"us gaap\" ) . 2022 other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2014 ( in percentages ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of december 31 2014 ( in percentages )</td></tr><tr><td>2</td><td>infraserv gmbh & co . gendorf kg</td><td>39</td></tr><tr><td>3</td><td>infraserv gmbh & co . hoechst kg</td><td>32</td></tr><tr><td>4</td><td>infraserv gmbh & co . knapsack kg</td><td>27</td></tr></table> research and development our businesses are innovation-oriented and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 86 million , $ 85 million and $ 104 million for the years ended december 31 , 2014 , 2013 and 2012 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . aoplus ae , aoplus ae2 , aoplus ae3 , ateva ae , avicor ae , britecoat ae , celanese ae , celanex ae , celcon ae , celfx 2122 , celstran ae , celvolit ae , clarifoil ae , duroset ae , ecovae ae , factor ae , fortron ae , gur ae , hostaform ae , impet ae , mowilith ae , nutrinova ae , qorus 2122 , riteflex ae , sunett ae , tcx 2122 , thermx ae , tufcor ae , vantage ae , vantageplus 2122 , vantage ae2 , vectra ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc. .\nQuestion: what is the net change in r&d expense from 2013 to 2014?\nAnswer: 1.0\nQuestion: what is the r&d expense in 2014?\nAnswer: 85.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.01176" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy arkansas , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 92.9 million primarily due to higher net revenue and lower other operation and maintenance expenses , partially offset by a higher effective income tax rate and higher depreciation and amortization expenses . 2015 compared to 2014 net income decreased $ 47.1 million primarily due to higher other operation and maintenance expenses , partially offset by higher net revenue . 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 ( credits ) . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 1362.2</td></tr><tr><td>3</td><td>retail electric price</td><td>161.5</td></tr><tr><td>4</td><td>other</td><td>-3.2 ( 3.2 )</td></tr><tr><td>5</td><td>2016 net revenue</td><td>$ 1520.5</td></tr></table> the retail electric price variance is primarily due to an increase in base rates , as approved by the apsc . the new base rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 . the increase includes an interim base rate adjustment surcharge , effective with the first billing cycle of april 2016 , to recover the incremental revenue requirement for the period february 24 , 2016 through march 31 , 2016 . a significant portion of the increase is related to the purchase of power block 2 of the union power station . see note 2 to the financial statements for further discussion of the rate case . see note 14 to the financial statements for further discussion of the union power station purchase. .\nQuestion: what was net revenue in 2016?\nAnswer: 1520.5\nQuestion: what was it in 2015?\nAnswer: 1362.2\nQuestion: what is the net change?\nAnswer: 158.3\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.11621" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\noperating expenses operating expenses were $ 2.9 billion , an increase of 8% ( 8 % ) over 2000 . adjusted for the formation of citistreet , operating expenses grew 10% ( 10 % ) . expense growth in 2001 of 10% ( 10 % ) is significantly lower than the comparable 20% ( 20 % ) expense growth for 2000 compared to 1999 . state street successfully reduced the growth rate of expenses as revenue growth slowed during the latter half of 2000 and early 2001 . the expense growth in 2001 reflects higher expenses for salaries and employee benefits , as well as information systems and communications . o p e r a t i n g e x p e n s e s ( dollars in millions ) 2001 2000 1999 change adjusted change 00-01 ( 1 ) . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001</td><td>2000</td><td>1999</td><td>change 00-01</td><td>adjusted change 00-01 ( 1 )</td></tr><tr><td>2</td><td>salaries and employee benefits</td><td>$ 1663</td><td>$ 1524</td><td>$ 1313</td><td>9% ( 9 % )</td><td>11% ( 11 % )</td></tr><tr><td>3</td><td>information systems and communications</td><td>365</td><td>305</td><td>287</td><td>20</td><td>22</td></tr><tr><td>4</td><td>transaction processing services</td><td>247</td><td>268</td><td>237</td><td>-8 ( 8 )</td><td>-7 ( 7 )</td></tr><tr><td>5</td><td>occupancy</td><td>229</td><td>201</td><td>188</td><td>15</td><td>16</td></tr><tr><td>6</td><td>other</td><td>363</td><td>346</td><td>311</td><td>5</td><td>7</td></tr><tr><td>7</td><td>total operating expenses</td><td>$ 2867</td><td>$ 2644</td><td>$ 2336</td><td>8</td><td>10</td></tr><tr><td>8</td><td>number of employees</td><td>19753</td><td>17604</td><td>17213</td><td>12</td><td>-</td></tr></table> ( 1 ) 2000 results adjusted for the formation of citistreet expenses related to salaries and employee benefits increased $ 139million in 2001 , or $ 163millionwhen adjusted for the formation of citistreet . the adjusted increase reflects more than 2100 additional staff to support the large client wins and new business from existing clients and acquisitions . this expense increase was partially offset by lower incentive-based compensation . information systems and communications expense was $ 365 million in 2001 , up 20% ( 20 % ) from the prior year . adjusted for the formation of citistreet , information systems and communications expense increased 22% ( 22 % ) . this growth reflects both continuing investment in software and hardware , aswell as the technology costs associated with increased staffing levels . expenses related to transaction processing services were $ 247 million , down $ 21 million , or 8% ( 8 % ) . these expenses are volume related and include external contract services , subcustodian fees , brokerage services and fees related to securities settlement . lower mutual fund shareholder activities , and lower subcustodian fees resulting from both the decline in asset values and lower transaction volumes , drove the decline . occupancy expensewas $ 229million , up 15% ( 15 % ) . the increase is due to expenses necessary to support state street 2019s global growth , and expenses incurred for leasehold improvements and other operational costs . other expenses were $ 363 million , up $ 17 million , or 5% ( 5 % ) . these expenses include professional services , advertising and sales promotion , and internal operational expenses . the increase over prior year is due to a $ 21 million increase in the amortization of goodwill , primarily from acquisitions in 2001 . in accordance with recent accounting pronouncements , goodwill amortization expense will be eliminated in 2002 . state street recorded approximately $ 38 million , or $ .08 per share after tax , of goodwill amortization expense in 2001 . state street 2019s cost containment efforts , which reduced discretionary spending , partially offset the increase in other expenses . state street corporation 9 .\nQuestion: what is the increase in operating expenses in 2001?\nAnswer: 0.08\nQuestion: what fraction of operating expenses in 2000 does this represent?\n" }, { "role": "agent", "content": "100.08" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfidelity national information services , inc . and subsidiaries notes to consolidated financial statements - ( continued ) the following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities , excluding unamortized non-cash bond premiums and discounts net of $ 30 million as of december 31 , 2017 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>total</td></tr><tr><td>2</td><td>2018</td><td>$ 1045</td></tr><tr><td>3</td><td>2019</td><td>44</td></tr><tr><td>4</td><td>2020</td><td>1157</td></tr><tr><td>5</td><td>2021</td><td>1546</td></tr><tr><td>6</td><td>2022</td><td>705</td></tr><tr><td>7</td><td>thereafter</td><td>4349</td></tr><tr><td>8</td><td>total principal payments</td><td>8846</td></tr><tr><td>9</td><td>debt issuance costs net of accumulated amortization</td><td>-53 ( 53 )</td></tr><tr><td>10</td><td>total long-term debt</td><td>$ 8793</td></tr></table> there are no mandatory principal payments on the revolving loan and any balance outstanding on the revolving loan will be due and payable at its scheduled maturity date , which occurs at august 10 , 2021 . fis may redeem the 2018 notes , 2020 notes , 2021 notes , 2021 euro notes , 2022 notes , 2022 gbp notes , 2023 notes , 2024 notes , 2024 euro notes , 2025 notes , 2026 notes , and 2046 notes at its option in whole or in part , at any time and from time to time , at a redemption price equal to the greater of 100% ( 100 % ) of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to , but excluding , the date of redemption , provided no make-whole amount will be paid for redemptions of the 2020 notes , the 2021 notes , the 2021 euro notes and the 2022 gbp notes during the one month prior to their maturity , the 2022 notes during the two months prior to their maturity , the 2023 notes , the 2024 notes , the 2024 euro notes , the 2025 notes , and the 2026 notes during the three months prior to their maturity , and the 2046 notes during the six months prior to their maturity . debt issuance costs of $ 53 million , net of accumulated amortization , remain capitalized as of december 31 , 2017 , related to all of the above outstanding debt . we monitor the financial stability of our counterparties on an ongoing basis . the lender commitments under the undrawn portions of the revolving loan are comprised of a diversified set of financial institutions , both domestic and international . the failure of any single lender to perform its obligations under the revolving loan would not adversely impact our ability to fund operations . the fair value of the company 2019s long-term debt is estimated to be approximately $ 156 million higher than the carrying value as of december 31 , 2017 . this estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to december 31 , 2017 , which are considered level 2-type measurements . this estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data . therefore , the values presented are not necessarily indicative of amounts the company could realize or settle currently. .\nQuestion: what portion of total long-term deb is due in 12 months?\n" }, { "role": "agent", "content": "0.11884" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy texas , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 31.4 million primarily due to lower net revenue , higher depreciation and amortization expenses , higher other operation and maintenance expenses , and higher taxes other than income taxes . 2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue . 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 . following is an analysis of the change in net revenue comparing 2017 to 2016 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2016 net revenue</td><td>$ 644.2</td></tr><tr><td>3</td><td>net wholesale revenue</td><td>-35.1 ( 35.1 )</td></tr><tr><td>4</td><td>purchased power capacity</td><td>-5.9 ( 5.9 )</td></tr><tr><td>5</td><td>transmission revenue</td><td>-5.4 ( 5.4 )</td></tr><tr><td>6</td><td>reserve equalization</td><td>5.6</td></tr><tr><td>7</td><td>retail electric price</td><td>19.0</td></tr><tr><td>8</td><td>other</td><td>4.4</td></tr><tr><td>9</td><td>2017 net revenue</td><td>$ 626.8</td></tr></table> the net wholesale revenue variance is primarily due to lower net capacity revenues resulting from the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 . the purchased power capacity variance is primarily due to increased expenses due to capacity cost changes for ongoing purchased power capacity contracts . the transmission revenue variance is primarily due to a decrease in the amount of transmission revenues allocated by miso . the reserve equalization variance is due to the absence of reserve equalization expenses in 2017 as a result of entergy texas 2019s exit from the system agreement in august 2016 . see note 2 to the financial statements for a discussion of the system agreement. .\nQuestion: what was the net revenue for 2017?\nAnswer: 626.8\nQuestion: and for 2016?\nAnswer: 644.2\nQuestion: and the difference between the two years?\nAnswer: -17.4\nQuestion: and the percentage change?\n" }, { "role": "agent", "content": "-0.02701" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nzimmer holdings , inc . 2013 form 10-k annual report notes to consolidated financial statements ( continued ) unrealized gains and losses on cash flow hedges , unrealized gains and losses on available-for-sale securities and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions . treasury stock 2013 we account for repurchases of common stock under the cost method and present treasury stock as a reduction of stockholders 2019 equity . we reissue common stock held in treasury only for limited purposes . noncontrolling interest 2013 in 2011 , we made an investment in a company in which we acquired a controlling financial interest , but not 100 percent of the equity . in 2013 , we purchased additional shares of the company from the minority shareholders . further information related to the noncontrolling interests of that investment has not been provided as it is not significant to our consolidated financial statements . accounting pronouncements 2013 effective january 1 , 2013 , we adopted the fasb 2019s accounting standard updates ( asus ) requiring reporting of amounts reclassified out of accumulated other comprehensive income ( oci ) and balance sheet offsetting between derivative assets and liabilities . these asus only change financial statement disclosure requirements and therefore do not impact our financial position , results of operations or cash flows . see note 12 for disclosures relating to oci . see note 13 for disclosures relating to balance sheet offsetting . there are no other recently issued accounting pronouncements that we have not yet adopted that are expected to have a material effect on our financial position , results of operations or cash flows . 3 . share-based compensation our share-based payments primarily consist of stock options , restricted stock , restricted stock units ( rsus ) , and an employee stock purchase plan . share-based compensation expense is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31,</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>stock options</td><td>$ 24.7</td><td>$ 32.4</td><td>$ 41.7</td></tr><tr><td>3</td><td>rsus and other</td><td>23.8</td><td>22.6</td><td>18.8</td></tr><tr><td>4</td><td>total expense pre-tax</td><td>48.5</td><td>55.0</td><td>60.5</td></tr><tr><td>5</td><td>tax benefit related to awards</td><td>-15.6 ( 15.6 )</td><td>-16.6 ( 16.6 )</td><td>-17.8 ( 17.8 )</td></tr><tr><td>6</td><td>total expense net of tax</td><td>$ 32.9</td><td>$ 38.4</td><td>$ 42.7</td></tr></table> share-based compensation cost capitalized as part of inventory for the years ended december 31 , 2013 , 2012 and 2011 was $ 4.1 million , $ 6.1 million , and $ 8.8 million , respectively . as of december 31 , 2013 and 2012 , approximately $ 2.4 million and $ 3.3 million of capitalized costs remained in finished goods inventory . stock options we had two equity compensation plans in effect at december 31 , 2013 : the 2009 stock incentive plan ( 2009 plan ) and the stock plan for non-employee directors . the 2009 plan succeeded the 2006 stock incentive plan ( 2006 plan ) and the teamshare stock option plan ( teamshare plan ) . no further awards have been granted under the 2006 plan or under the teamshare plan since may 2009 , and shares remaining available for grant under those plans have been merged into the 2009 plan . vested and unvested stock options and unvested restricted stock and rsus previously granted under the 2006 plan , the teamshare plan and another prior plan , the 2001 stock incentive plan , remained outstanding as of december 31 , 2013 . we have reserved the maximum number of shares of common stock available for award under the terms of each of these plans . we have registered 57.9 million shares of common stock under these plans . the 2009 plan provides for the grant of nonqualified stock options and incentive stock options , long-term performance awards in the form of performance shares or units , restricted stock , rsus and stock appreciation rights . the compensation and management development committee of the board of directors determines the grant date for annual grants under our equity compensation plans . the date for annual grants under the 2009 plan to our executive officers is expected to occur in the first quarter of each year following the earnings announcements for the previous quarter and full year . the stock plan for non-employee directors provides for awards of stock options , restricted stock and rsus to non-employee directors . it has been our practice to issue shares of common stock upon exercise of stock options from previously unissued shares , except in limited circumstances where they are issued from treasury stock . the total number of awards which may be granted in a given year and/or over the life of the plan under each of our equity compensation plans is limited . at december 31 , 2013 , an aggregate of 10.4 million shares were available for future grants and awards under these plans . stock options granted to date under our plans generally vest over four years and generally have a maximum contractual life of 10 years . as established under our equity compensation plans , vesting may accelerate upon retirement after the first anniversary date of the award if certain criteria are met . we recognize expense related to stock options on a straight-line basis over the requisite service period , less awards expected to be forfeited using estimated forfeiture rates . due to the accelerated retirement provisions , the requisite service period of our stock options range from one to four years . stock options are granted with an exercise price equal to the market price of our common stock on the date of grant , except in limited circumstances where local law may dictate otherwise. .\nQuestion: what was the difference in the total expense net of tax between the years of 2013 and 2012?\nAnswer: -5.5\nQuestion: and what was the total expense net of tax in 2012?\n" }, { "role": "agent", "content": "38.4" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n( 1 ) the cumulative total return assumes reinvestment of dividends . ( 2 ) the total return is weighted according to market capitalization of each company at the beginning of each year . ( f ) purchases of equity securities by the issuer and affiliated purchasers we have not repurchased any of our common stock since the company filed its initial registration statement on march 16 , ( g ) securities authorized for issuance under equity compensation plans a description of securities authorized for issuance under our equity compensation plans will be incorporated herein by reference to the proxy statement for the 2012 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year . item 6 . selected financial data . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td><td>year ended december 31 2008</td><td>year ended december 31 2007</td></tr><tr><td>2</td><td>sales and service revenues</td><td>$ 6575</td><td>$ 6723</td><td>$ 6292</td><td>$ 6189</td><td>$ 5692</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td><td>2490</td><td>0</td></tr><tr><td>4</td><td>operating income ( loss )</td><td>110</td><td>248</td><td>211</td><td>-2354 ( 2354 )</td><td>447</td></tr><tr><td>5</td><td>net earnings ( loss )</td><td>-94 ( 94 )</td><td>135</td><td>124</td><td>-2420 ( 2420 )</td><td>276</td></tr><tr><td>6</td><td>total assets</td><td>6001</td><td>5203</td><td>5036</td><td>4760</td><td>7658</td></tr><tr><td>7</td><td>long-term debt ( 1 )</td><td>1830</td><td>105</td><td>283</td><td>283</td><td>283</td></tr><tr><td>8</td><td>total long-term obligations</td><td>3757</td><td>1559</td><td>1645</td><td>1761</td><td>1790</td></tr><tr><td>9</td><td>free cash flow ( 2 )</td><td>331</td><td>168</td><td>-269 ( 269 )</td><td>121</td><td>364</td></tr><tr><td>10</td><td>basic earnings ( loss ) per share</td><td>$ -1.93 ( 1.93 )</td><td>$ 2.77</td><td>$ 2.54</td><td>$ -49.61 ( 49.61 )</td><td>$ 5.65</td></tr><tr><td>11</td><td>diluted earnings ( loss ) per share</td><td>$ -1.93 ( 1.93 )</td><td>$ 2.77</td><td>$ 2.54</td><td>$ -49.61 ( 49.61 )</td><td>$ 5.65</td></tr></table> ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities . ( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures . see liquidity and capital resources in item 7 for more information on this measure. .\nQuestion: what was the total of free cash flow in 2011?\n" }, { "role": "agent", "content": "331.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents ( 2 ) includes capitalized lease obligations of $ 3.2 million and $ 0.1 million as of december 31 , 2015 and 2014 , respectively , which are included in other liabilities on the consolidated balance sheet . ( 3 ) ebitda is defined as consolidated net income before interest expense , income tax expense , depreciation and amortization . adjusted ebitda , which is a measure defined in our credit agreements , means ebitda adjusted for certain items which are described in the table below . we have included a reconciliation of ebitda and adjusted ebitda in the table below . both ebitda and adjusted ebitda are considered non-gaap financial measures . generally , a non-gaap financial measure is a numerical measure of a company 2019s performance , financial position or cash flows that either excludes or includes amounts that are not normally included or excluded in the most directly comparable measure calculated and presented in accordance with gaap . non-gaap measures used by us may differ from similar measures used by other companies , even when similar terms are used to identify such measures . we believe that ebitda and adjusted ebitda provide helpful information with respect to our operating performance and cash flows including our ability to meet our future debt service , capital expenditures and working capital requirements . adjusted ebitda is also the primary measure used in certain key covenants and definitions contained in the credit agreement governing our senior secured term loan facility ( 201cterm loan 201d ) , including the excess cash flow payment provision , the restricted payment covenant and the net leverage ratio . these covenants and definitions are material components of the term loan as they are used in determining the interest rate applicable to the term loan , our ability to make certain investments , incur additional debt , and make restricted payments , such as dividends and share repurchases , as well as whether we are required to make additional principal prepayments on the term loan beyond the quarterly amortization payments . for further details regarding the term loan , see note 8 ( long-term debt ) to the accompanying consolidated financial statements . the following unaudited table sets forth reconciliations of net income to ebitda and ebitda to adjusted ebitda for the periods presented: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>years ended december 31 , 2015</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>net income</td><td>$ 403.1</td><td>$ 244.9</td><td>$ 132.8</td><td>$ 119.0</td><td>$ 17.1</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>227.4</td><td>207.9</td><td>208.2</td><td>210.2</td><td>204.9</td></tr><tr><td>4</td><td>income tax expense</td><td>243.9</td><td>142.8</td><td>62.7</td><td>67.1</td><td>11.2</td></tr><tr><td>5</td><td>interest expense net</td><td>159.5</td><td>197.3</td><td>250.1</td><td>307.4</td><td>324.2</td></tr><tr><td>6</td><td>ebitda</td><td>1033.9</td><td>792.9</td><td>653.8</td><td>703.7</td><td>557.4</td></tr><tr><td>7</td><td>non-cash equity-based compensation</td><td>31.2</td><td>16.4</td><td>8.6</td><td>22.1</td><td>19.5</td></tr><tr><td>8</td><td>net loss on extinguishment of long-term debt ( a )</td><td>24.3</td><td>90.7</td><td>64.0</td><td>17.2</td><td>118.9</td></tr><tr><td>9</td><td>loss ( income ) from equity investments ( b )</td><td>10.1</td><td>-2.2 ( 2.2 )</td><td>-0.6 ( 0.6 )</td><td>-0.3 ( 0.3 )</td><td>-0.1 ( 0.1 )</td></tr><tr><td>10</td><td>acquisition and integration expenses ( c )</td><td>10.2</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>11</td><td>gain on remeasurement of equity investment ( d )</td><td>-98.1 ( 98.1 )</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>12</td><td>other adjustments ( e )</td><td>6.9</td><td>9.2</td><td>82.7</td><td>23.9</td><td>21.6</td></tr><tr><td>13</td><td>adjusted ebitda ( f )</td><td>$ 1018.5</td><td>$ 907.0</td><td>$ 808.5</td><td>$ 766.6</td><td>$ 717.3</td></tr></table> net loss on extinguishment of long-term debt ( a ) 24.3 90.7 64.0 17.2 118.9 loss ( income ) from equity investments ( b ) 10.1 ( 2.2 ) ( 0.6 ) ( 0.3 ) ( 0.1 ) acquisition and integration expenses ( c ) 10.2 2014 2014 2014 2014 gain on remeasurement of equity investment ( d ) ( 98.1 ) 2014 2014 2014 2014 other adjustments ( e ) 6.9 9.2 82.7 23.9 21.6 adjusted ebitda ( f ) $ 1018.5 $ 907.0 $ 808.5 $ 766.6 $ 717.3 ( a ) during the years ended december 31 , 2015 , 2014 , 2013 , 2012 , and 2011 , we recorded net losses on extinguishments of long-term debt . the losses represented the difference between the amount paid upon extinguishment , including call premiums and expenses paid to the debt holders and agents , and the net carrying amount of the extinguished debt , adjusted for a portion of the unamortized deferred financing costs . ( b ) represents our share of net income/loss from our equity investments . our 35% ( 35 % ) share of kelway 2019s net loss includes our 35% ( 35 % ) share of an expense related to certain equity awards granted by one of the sellers to kelway coworkers in july 2015 prior to the acquisition . ( c ) primarily includes expenses related to the acquisition of kelway . ( d ) represents the gain resulting from the remeasurement of our previously held 35% ( 35 % ) equity investment to fair value upon the completion of the acquisition of kelway. .\nQuestion: what was the change in the adjusted ebitda from 2014 to 2015?\nAnswer: 111.5\nQuestion: and how much does this change represent in relation to that adjusted ebitda in 2014?\n" }, { "role": "agent", "content": "0.12293" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n. <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period ( in thousands ) total</td><td>payments due by period ( in thousands ) 2017</td><td>payments due by period ( in thousands ) 2018</td><td>payments due by period ( in thousands ) 2019</td><td>payments due by period ( in thousands ) 2020</td><td>payments due by period ( in thousands ) 2021</td><td>payments due by period ( in thousands ) thereafter</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 3508789</td><td>$ 203244</td><td>$ 409257</td><td>$ 366456</td><td>$ 461309</td><td>$ 329339</td><td>$ 1739184</td></tr><tr><td>3</td><td>line of credit ( 2 )</td><td>56127</td><td>2650</td><td>2650</td><td>2650</td><td>48177</td><td>2014</td><td>2014</td></tr><tr><td>4</td><td>share of unconsolidated joint ventures' debt ( 3 )</td><td>91235</td><td>2444</td><td>28466</td><td>5737</td><td>11598</td><td>1236</td><td>41754</td></tr><tr><td>5</td><td>ground leases</td><td>311120</td><td>10745</td><td>5721</td><td>5758</td><td>5793</td><td>5822</td><td>277281</td></tr><tr><td>6</td><td>development and construction backlog costs ( 4 )</td><td>344700</td><td>331553</td><td>13147</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>7</td><td>other</td><td>43357</td><td>7502</td><td>7342</td><td>5801</td><td>4326</td><td>3906</td><td>14480</td></tr><tr><td>8</td><td>total contractual obligations</td><td>$ 4355328</td><td>$ 558138</td><td>$ 466583</td><td>$ 386402</td><td>$ 531203</td><td>$ 340303</td><td>$ 2072699</td></tr></table> ( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest . interest payments for variable rate debt were calculated using the interest rates as of december 31 , 2016 . repayment of our $ 250.0 million variable rate term note , which has a contractual maturity date in january 2019 , is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . ( 2 ) our unsecured line of credit has a contractual maturity date in january 2019 , but is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . interest payments for our unsecured line of credit were calculated using the most recent stated interest rate that was in effect.ff ( 3 ) our share of unconsolidated joint venture debt includes both principal and interest . interest expense for variable rate debt was calculated using the interest rate at december 31 , 2016 . ( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects . related party y transactionstt we provide property and asset management , leasing , construction and other tenant-related services to ww unconsolidated companies in which we have equity interests . for the years ended december 31 , 2016 , 2015 and 2014 we earned management fees of $ 4.5 million , $ 6.8 million and $ 8.5 million , leasing fees of $ 2.4 million , $ 3.0 million and $ 3.4 million and construction and development fees of $ 8.0 million , $ 6.1 million and $ 5.8 million , respectively , from these companies , prior to elimination of our ownership percentage . yy we recorded these fees based ww on contractual terms that approximate market rates for these types of services and have eliminated our ownership percentages of these fees in the consolidated financial statements . commitments and contingenciesg the partnership has guaranteed the repayment of $ 32.9 million of economic development bonds issued by various municipalities in connection with certain commercial developments . we will be required to make payments under ww our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond ff debt service . management does not believe that it is probable that we will be required to make any significant payments in satisfaction of these guarantees . the partnership also has guaranteed the repayment of an unsecured loan of one of our unconsolidated subsidiaries . at december 31 , 2016 , the maximum guarantee exposure for this loan was approximately $ 52.1 million . we lease certain land positions with terms extending toww march 2114 , with a total future payment obligation of $ 311.1 million . the payments on these ground leases , which are classified as operating leases , are not material in any individual year . in addition to ground leases , we are party to other operating leases as part of conducting our business , including leases of office space from third parties , with a total future payment obligation of ff $ 43.4 million at december 31 , 2016 . no future payments on these leases are material in any individual year . we are subject to various legal proceedings and claims that arise in the ordinary course of business . in the opinion ww of management , the amount of any ultimate liability with respect to these actions is not expected to materially affect ff our consolidated financial statements or results of operations . we own certain parcels of land that are subject to special property tax assessments levied by quasi municipalww entities . to the extent that such special assessments are fixed and determinable , the discounted value of the fulltt .\nQuestion: what was the change in value of management fees earned from 2015 to 2016?\n" }, { "role": "agent", "content": "2.3" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfor the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities . unrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales . for the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities . unrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales . note 13 . equity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards . in addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan . the 1997 plan expired on december 18 , 2006 . as of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan . as of december 31 , 2006 , 106045 awards have been made under the 2006 plan . we have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made . the exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant . stock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant . for restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights . in general , these grants vest over three years . for deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant . generally , these grants vest over two- , three- or four-year periods . performance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods . payment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period . we record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period . we use a black-scholes option-pricing model to estimate the fair value of the options granted . the weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>dividend yield</td><td>1.41% ( 1.41 % )</td><td>1.85% ( 1.85 % )</td><td>1.35% ( 1.35 % )</td></tr><tr><td>3</td><td>expected volatility</td><td>26.50</td><td>28.70</td><td>27.10</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>4.60</td><td>4.19</td><td>3.02</td></tr><tr><td>5</td><td>expected option lives ( in years )</td><td>7.8</td><td>7.8</td><td>5.0</td></tr></table> compensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . the related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively . seq 87 copyarea : 38 . x 54 . trimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\\\fc\\\\delivery_1024177\\\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) .\nQuestion: what was the risk-free interest rate in 2005?\nAnswer: 4.19\nQuestion: and in 2004?\nAnswer: 3.02\nQuestion: so what was the difference between these two years?\n" }, { "role": "agent", "content": "1.17" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) sales of businesses and investments 2013 primarily includes realized gains and losses relating to the sales of businesses , cumulative translation adjustment balances from the liquidation of entities and sales of marketable securities and investments in publicly traded and privately held companies in our rabbi trusts . during 2009 , we realized a gain of $ 15.2 related to the sale of an investment in our rabbi trusts , which was partially offset by losses realized from the sale of various businesses . losses in 2007 primarily related to the sale of several businesses within draftfcb for a loss of $ 9.3 and charges at lowe of $ 7.8 as a result of the realization of cumulative translation adjustment balances from the liquidation of several businesses . vendor discounts and credit adjustments 2013 we are in the process of settling our liabilities related to vendor discounts and credits established during the restatement we presented in our 2004 annual report on form 10-k . these adjustments reflect the reversal of certain of these liabilities as a result of settlements with clients or vendors or where the statute of limitations has lapsed . litigation settlement 2013 during may 2008 , the sec concluded its investigation that began in 2002 into our financial reporting practices , resulting in a settlement charge of $ 12.0 . investment impairments 2013 in 2007 we realized an other-than-temporary charge of $ 5.8 relating to a $ 12.5 investment in auction rate securities , representing our total investment in auction rate securities . see note 12 for further information . note 5 : intangible assets goodwill goodwill is the excess purchase price remaining from an acquisition after an allocation of purchase price has been made to identifiable assets acquired and liabilities assumed based on estimated fair values . the changes in the carrying value of goodwill for our segments , integrated agency networks ( 201cian 201d ) and constituency management group ( 201ccmg 201d ) , for the years ended december 31 , 2009 and 2008 are listed below. . <table class='wikitable'><tr><td>1</td><td>-</td><td>ian</td><td>cmg</td><td>total 1</td></tr><tr><td>2</td><td>balance as of december 31 2007</td><td>$ 2789.7</td><td>$ 441.9</td><td>$ 3231.6</td></tr><tr><td>3</td><td>current year acquisitions</td><td>99.5</td><td>1.8</td><td>101.3</td></tr><tr><td>4</td><td>contingent and deferred payments for prior acquisitions</td><td>28.9</td><td>1.1</td><td>30.0</td></tr><tr><td>5</td><td>other ( primarily foreign currency translation )</td><td>-128.1 ( 128.1 )</td><td>-13.9 ( 13.9 )</td><td>-142.0 ( 142.0 )</td></tr><tr><td>6</td><td>balance as of december 31 2008</td><td>$ 2790.0</td><td>$ 430.9</td><td>$ 3220.9</td></tr><tr><td>7</td><td>current year acquisitions2</td><td>5.2</td><td>2014</td><td>5.2</td></tr><tr><td>8</td><td>contingent and deferred payments for prior acquisitions</td><td>14.2</td><td>2014</td><td>14.2</td></tr><tr><td>9</td><td>other ( primarily foreign currency translation )</td><td>76.2</td><td>4.5</td><td>80.7</td></tr><tr><td>10</td><td>balance as of december 31 2009</td><td>$ 2885.6</td><td>$ 435.4</td><td>$ 3321.0</td></tr></table> 1 for all periods presented we have not recorded a goodwill impairment charge . 2 for acquisitions completed after january 1 , 2009 , amount includes contingent and deferred payments , which are recorded at fair value on the acquisition date . see note 6 for further information . see note 1 for further information regarding our annual impairment methodology . other intangible assets included in other intangible assets are assets with indefinite lives not subject to amortization and assets with definite lives subject to amortization . other intangible assets primarily include customer lists and trade names . intangible assets with definitive lives subject to amortization are amortized on a straight-line basis with estimated useful lives generally between 7 and 15 years . amortization expense for other intangible assets for the years ended december 31 , 2009 , 2008 and 2007 was $ 19.3 , $ 14.4 and $ 8.5 , respectively . the following table provides a summary of other intangible assets , which are included in other assets on our consolidated balance sheets. .\nQuestion: what was the net value change in the cmg balance?\nAnswer: 6.5\nQuestion: what was the cmg balance at the end of 2007?\nAnswer: 441.9\nQuestion: what is the percent change?\nAnswer: 0.01471\nQuestion: what is the percent change times 100?\n" }, { "role": "agent", "content": "1.47092" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nasset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs . <table class='wikitable'><tr><td>1</td><td>-</td><td>level 3</td></tr><tr><td>2</td><td>balance as of january 1 2018</td><td>$ 278</td></tr><tr><td>3</td><td>actual return on assets</td><td>-23 ( 23 )</td></tr><tr><td>4</td><td>purchases issuances and settlements net</td><td>-25 ( 25 )</td></tr><tr><td>5</td><td>balance as of december 31 2018</td><td>$ 230</td></tr></table> balance as of january 1 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 140 actual return on assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 purchases , issuances and settlements , net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 balance as of december 31 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts . the investments and risk mitigation strategies for the plans are tailored specifically for each trust . in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company . the company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation . considerations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns . in 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan . as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities . the fixed income portion of the portfolio was designed to match the bond- .\nQuestion: what was the actual return on assets times -1?\nAnswer: -23.0\nQuestion: what was the value of purchases issuances and settlements net\n" }, { "role": "agent", "content": "-25.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) the following table presents average u.s . and non-u.s . short-duration advances for the years ended december 31 : years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>average u.s . short-duration advances</td><td>$ 2356</td><td>$ 1972</td><td>$ 1994</td></tr><tr><td>3</td><td>average non-u.s . short-duration advances</td><td>1393</td><td>1393</td><td>1585</td></tr><tr><td>4</td><td>average total short-duration advances</td><td>$ 3749</td><td>$ 3365</td><td>$ 3579</td></tr></table> although average short-duration advances for the year ended december 31 , 2013 increased compared to the year ended december 31 , 2012 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity . average other interest-earning assets increased to $ 11.16 billion for the year ended december 31 , 2013 from $ 7.38 billion for the year ended december 31 , 2012 . the increased levels were primarily the result of higher levels of cash collateral provided in connection with our participation in principal securities finance transactions . aggregate average interest-bearing deposits increased to $ 109.25 billion for the year ended december 31 , 2013 from $ 98.39 billion for the year ended december 31 , 2012 . this increase was mainly due to higher levels of non-u.s . transaction accounts associated with the growth of new and existing business in assets under custody and administration . future transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s . and non-u.s . interest rates . average other short-term borrowings declined to $ 3.79 billion for the year ended december 31 , 2013 from $ 4.68 billion for the year ended december 31 , 2012 , as higher levels of client deposits provided additional liquidity . average long-term debt increased to $ 8.42 billion for the year ended december 31 , 2013 from $ 7.01 billion for the year ended december 31 , 2012 . the increase primarily reflected the issuance of $ 1.0 billion of extendible notes by state street bank in december 2012 , the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , and the issuance of $ 1.0 billion of senior debt in november 2013 . this increase was partly offset by maturities of $ 1.75 billion of senior debt in the second quarter of 2012 . average other interest-bearing liabilities increased to $ 6.46 billion for the year ended december 31 , 2013 from $ 5.90 billion for the year ended december 31 , 2012 , primarily the result of higher levels of cash collateral received from clients in connection with our participation in principal securities finance transactions . several factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s . and non-u.s . interest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured . based on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay- downs and maturities of investment securities in highly-rated securities , such as u.s . treasury and agency securities , federal agency mortgage-backed securities and u.s . and non-u.s . mortgage- and asset-backed securities . the pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time . we expect these factors and the levels of global interest rates to dictate what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. .\nQuestion: what was the average total short-duration advances in 2013?\n" }, { "role": "agent", "content": "3749.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2011 , 2010 , and 2009 may require the government to acquire an ownership interest and the current expectation of future losses . our evaluation indicated that the long-lived assets were no longer recoverable and , accordingly , they were written down to their estimated fair value of $ 24 million based on a discounted cash flow analysis . the long-lived assets had a carrying amount of $ 66 million prior to the recognition of asset impairment expense . kelanitissa is a build- operate-transfer ( bot ) generation facility and payments under its ppa are scheduled to decline over the ppa term . it is possible that further impairment charges may be required in the future as kelanitissa gets closer to the bot date . kelanitissa is reported in the asia generation reportable segment . asset impairment expense for the year ended december 31 , 2010 consisted of : ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010 ( in millions )</td></tr><tr><td>2</td><td>southland ( huntington beach )</td><td>$ 200</td></tr><tr><td>3</td><td>tisza ii</td><td>85</td></tr><tr><td>4</td><td>deepwater</td><td>79</td></tr><tr><td>5</td><td>other</td><td>25</td></tr><tr><td>6</td><td>total</td><td>$ 389</td></tr></table> southland 2014in september 2010 , a new environmental policy on the use of ocean water to cool generation facilities was issued in california that requires generation plants to comply with the policy by december 31 , 2020 and would require significant capital expenditure or plants 2019 shutdown . the company 2019s huntington beach gas-fired generation facility in california , which is part of aes 2019 southland business , was impacted by the new policy . the company performed an asset impairment test and determined the fair value of the asset group using a discounted cash flow analysis . the carrying value of the asset group of $ 288 million exceeded the fair value of $ 88 million resulting in the recognition of asset impairment expense of $ 200 million for the year ended december 31 , 2010 . southland is reported in the north america generation reportable segment . tisza ii 2014during the third quarter of 2010 , the company entered into annual negotiations with the offtaker of tisza ii . as a result of these preliminary negotiations , as well as the further deterioration of the economic environment in hungary , the company determined that an indicator of impairment existed at september 30 , 2010 . thus , the company performed an asset impairment test and determined that based on the undiscounted cash flow analysis , the carrying amount of the tisza ii asset group was not recoverable . the fair value of the asset group was then determined using a discounted cash flow analysis . the carrying value of the tisza ii asset group of $ 160 million exceeded the fair value of $ 75 million resulting in the recognition of asset impairment expense of $ 85 million during the year ended december 31 , 2010 . deepwater 2014in 2010 , deepwater , our 160 mw petcoke-fired merchant power plant located in texas , experienced deteriorating market conditions due to increasing petcoke prices and diminishing power prices . as a result , deepwater incurred operating losses and was shut down from time to time to avoid negative operating margin . in the fourth quarter of 2010 , management concluded that , on an undiscounted cash flow basis , the carrying amount of the asset group was no longer recoverable . the fair value of deepwater was determined using a discounted cash flow analysis and $ 79 million of impairment expense was recognized . deepwater is reported in the north america generation reportable segment. .\nQuestion: in 2010, what percentage did the deepwater write-down represent in relation the total of impairments?\n" }, { "role": "agent", "content": "0.20308" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 12 . security ownership of certain beneficial owners and management and related stockholder matters . the information required by item 12 is included under the heading 201csecurity ownership of management and certain beneficial owners 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k . equity compensation plan information the following table provides information about our equity compensation plans that authorize the issuance of shares of lockheed martin common stock to employees and directors . the information is provided as of december 31 , 2016 . plan category number of securities to be issued exercise of outstanding options , warrants and rights weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders ( 1 ) 5802673 $ 85.82 6216471 equity compensation plans not approved by security holders ( 2 ) 1082347 2014 2481032 . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of securities to beissued upon exercise of outstanding options warrants and rights ( a )</td><td>weighted-average exercise price of outstanding options warrants and rights ( b )</td><td>number of securities remaining availablefor future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )</td></tr><tr><td>2</td><td>equity compensation plans approved by securityholders ( 1 )</td><td>5802673</td><td>$ 85.82</td><td>6216471</td></tr><tr><td>3</td><td>equity compensation plans not approved bysecurity holders ( 2 )</td><td>1082347</td><td>2014</td><td>2481032</td></tr><tr><td>4</td><td>total</td><td>6885020</td><td>$ 85.82</td><td>8697503</td></tr></table> ( 1 ) column ( a ) includes , as of december 31 , 2016 : 1747151 shares that have been granted as restricted stock units ( rsus ) , 936308 shares that could be earned pursuant to grants of performance stock units ( psus ) ( assuming the maximum number of psus are earned and payable at the end of the three-year performance period ) and 2967046 shares granted as options under the lockheed martin corporation 2011 incentive performance award plan ( 2011 ipa plan ) or predecessor plans prior to january 1 , 2013 and 23346 shares granted as options and 128822 stock units payable in stock or cash under the lockheed martin corporation 2009 directors equity plan ( directors equity plan ) or predecessor plans for members ( or former members ) of the board of directors . column ( c ) includes , as of december 31 , 2016 , 5751655 shares available for future issuance under the 2011 ipa plan as options , stock appreciation rights ( sars ) , restricted stock awards ( rsas ) , rsus or psus and 464816 shares available for future issuance under the directors equity plan as stock options and stock units . of the 5751655 shares available for grant under the 2011 ipa plan on december 31 , 2016 , 516653 and 236654 shares are issuable pursuant to grants made on january 26 , 2017 , of rsus and psus ( assuming the maximum number of psus are earned and payable at the end of the three-year performance period ) , respectively . the weighted average price does not take into account shares issued pursuant to rsus or psus . ( 2 ) the shares represent annual incentive bonuses and long-term incentive performance ( ltip ) payments earned and voluntarily deferred by employees . the deferred amounts are payable under the deferred management incentive compensation plan ( dmicp ) . deferred amounts are credited as phantom stock units at the closing price of our stock on the date the deferral is effective . amounts equal to our dividend are credited as stock units at the time we pay a dividend . following termination of employment , a number of shares of stock equal to the number of stock units credited to the employee 2019s dmicp account are distributed to the employee . there is no discount or value transfer on the stock distributed . distributions may be made from newly issued shares or shares purchased on the open market . historically , all distributions have come from shares held in a separate trust and , therefore , do not further dilute our common shares outstanding . as a result , these shares also were not considered in calculating the total weighted average exercise price in the table . because the dmicp shares are outstanding , they should be included in the denominator ( and not the numerator ) of a dilution calculation . item 13 . certain relationships and related transactions and director independence . the information required by this item 13 is included under the captions 201ccorporate governance 2013 related person transaction policy , 201d 201ccorporate governance 2013 certain relationships and related person transactions of directors , executive officers , and 5 percent stockholders , 201d and 201ccorporate governance 2013 director independence 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k . item 14 . principal accountant fees and services . the information required by this item 14 is included under the caption 201cproposal 2 2013 ratification of appointment of independent auditors 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k. .\nQuestion: what is the number of securities to be issued?\nAnswer: 5802673.0\nQuestion: what is the average price per security?\nAnswer: 85.82\nQuestion: what is the product of these values?\n" }, { "role": "agent", "content": "497985396.86" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nin summary , our cash flows for each period were as follows : years ended ( in millions ) dec 30 , dec 31 , dec 26 . <table class='wikitable'><tr><td>1</td><td>years ended ( in millions )</td><td>dec 302017</td><td>dec 312016</td><td>dec 262015</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 22110</td><td>$ 21808</td><td>$ 19018</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>-15762 ( 15762 )</td><td>-25817 ( 25817 )</td><td>-8183 ( 8183 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>-8475 ( 8475 )</td><td>-5739 ( 5739 )</td><td>1912</td></tr><tr><td>5</td><td>net increase ( decrease ) in cash and cash equivalents</td><td>$ -2127 ( 2127 )</td><td>$ -9748 ( 9748 )</td><td>$ 12747</td></tr></table> operating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in assets and liabilities . for 2017 compared to 2016 , the $ 302 million increase in cash provided by operating activities was due to changes to working capital partially offset by adjustments for non-cash items and lower net income . tax reform did not have an impact on our 2017 cash provided by operating activities . the increase in cash provided by operating activities was driven by increased income before taxes and $ 1.0 billion receipts of customer deposits . these increases were partially offset by increased inventory and accounts receivable . income taxes paid , net of refunds , in 2017 compared to 2016 were $ 2.9 billion higher due to higher income before taxes , taxable gains on sales of asml , and taxes on the isecg divestiture . we expect approximately $ 2.0 billion of additional customer deposits in 2018 . for 2016 compared to 2015 , the $ 2.8 billion increase in cash provided by operating activities was due to adjustments for non-cash items and changes in working capital , partially offset by lower net income . the adjustments for non-cash items were higher in 2016 primarily due to restructuring and other charges and the change in deferred taxes , partially offset by lower depreciation . investing activities investing cash flows consist primarily of capital expenditures ; investment purchases , sales , maturities , and disposals ; and proceeds from divestitures and cash used for acquisitions . our capital expenditures were $ 11.8 billion in 2017 ( $ 9.6 billion in 2016 and $ 7.3 billion in 2015 ) . the decrease in cash used for investing activities in 2017 compared to 2016 was primarily due to higher net activity of available-for sale-investments in 2017 , proceeds from our divestiture of isecg in 2017 , and higher maturities and sales of trading assets in 2017 . this activity was partially offset by higher capital expenditures in 2017 . the increase in cash used for investing activities in 2016 compared to 2015 was primarily due to our completed acquisition of altera , net purchases of trading assets in 2016 compared to net sales of trading assets in 2015 , and higher capital expenditures in 2016 . this increase was partially offset by lower investments in non-marketable equity investments . financing activities financing cash flows consist primarily of repurchases of common stock , payment of dividends to stockholders , issuance and repayment of short-term and long-term debt , and proceeds from the sale of shares of common stock through employee equity incentive plans . the increase in cash used for financing activities in 2017 compared to 2016 was primarily due to net long-term debt activity , which was a use of cash in 2017 compared to a source of cash in 2016 . during 2017 , we repurchased $ 3.6 billion of common stock under our authorized common stock repurchase program , compared to $ 2.6 billion in 2016 . as of december 30 , 2017 , $ 13.2 billion remained available for repurchasing common stock under the existing repurchase authorization limit . we base our level of common stock repurchases on internal cash management decisions , and this level may fluctuate . proceeds from the sale of common stock through employee equity incentive plans totaled $ 770 million in 2017 compared to $ 1.1 billion in 2016 . our total dividend payments were $ 5.1 billion in 2017 compared to $ 4.9 billion in 2016 . we have paid a cash dividend in each of the past 101 quarters . in january 2018 , our board of directors approved an increase to our cash dividend to $ 1.20 per share on an annual basis . the board has declared a quarterly cash dividend of $ 0.30 per share of common stock for q1 2018 . the dividend is payable on march 1 , 2018 to stockholders of record on february 7 , 2018 . cash was used for financing activities in 2016 compared to cash provided by financing activities in 2015 , primarily due to fewer debt issuances and the repayment of debt in 2016 . this activity was partially offset by repayment of commercial paper in 2015 and fewer common stock repurchases in 2016 . md&a - results of operations consolidated results and analysis 37 .\nQuestion: what was the change in net cash provided by operating activities from 2015 to 2016?\nAnswer: 2790.0\nQuestion: and what was that net cash in 2015?\nAnswer: 19018.0\nQuestion: what percentage, then, does that change represent in relation to this 2015 amount?\n" }, { "role": "agent", "content": "0.1467" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndish network corporation notes to consolidated financial statements - continued future minimum lease payments under the capital lease obligations , together with the present value of the net minimum lease payments as of december 31 , 2015 are as follows ( in thousands ) : for the years ended december 31 . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 76676</td></tr><tr><td>2</td><td>2017</td><td>75874</td></tr><tr><td>3</td><td>2018</td><td>75849</td></tr><tr><td>4</td><td>2019</td><td>50320</td></tr><tr><td>5</td><td>2020</td><td>48000</td></tr><tr><td>6</td><td>thereafter</td><td>64000</td></tr><tr><td>7</td><td>total minimum lease payments</td><td>390719</td></tr><tr><td>8</td><td>less : amount representing lease of the orbital location and estimated executory costs ( primarily insurance and maintenance ) including profit thereon included in total minimum lease payments</td><td>-186742 ( 186742 )</td></tr><tr><td>9</td><td>net minimum lease payments</td><td>203977</td></tr><tr><td>10</td><td>less : amount representing interest</td><td>-37485 ( 37485 )</td></tr><tr><td>11</td><td>present value of net minimum lease payments</td><td>166492</td></tr><tr><td>12</td><td>less : current portion</td><td>-30849 ( 30849 )</td></tr><tr><td>13</td><td>long-term portion of capital lease obligations</td><td>$ 135643</td></tr></table> the summary of future maturities of our outstanding long-term debt as of december 31 , 2015 is included in the commitments table in note 15 . 11 . income taxes and accounting for uncertainty in income taxes income taxes our income tax policy is to record the estimated future tax effects of temporary differences between the tax bases of assets and liabilities and amounts reported on our consolidated balance sheets , as well as probable operating loss , tax credit and other carryforwards . deferred tax assets are offset by valuation allowances when we believe it is more likely than not that net deferred tax assets will not be realized . we periodically evaluate our need for a valuation allowance . determining necessary valuation allowances requires us to make assessments about historical financial information as well as the timing of future events , including the probability of expected future taxable income and available tax planning opportunities . we file consolidated tax returns in the u.s . the income taxes of domestic and foreign subsidiaries not included in the u.s . tax group are presented in our consolidated financial statements on a separate return basis for each tax paying entity . as of december 31 , 2015 , we had no net operating loss carryforwards ( 201cnols 201d ) for federal income tax purposes and $ 39 million of nol benefit for state income tax purposes , which are partially offset by a valuation allowance . the state nols begin to expire in the year 2017 . in addition , there are $ 61 million of tax benefits related to credit carryforwards which are partially offset by a valuation allowance . the state credit carryforwards began to expire in .\nQuestion: as of december 31, 2015 what amount from the future minimum lease payments under the capital lease obligations was due after 2020?\n" }, { "role": "agent", "content": "64000.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nour international networks segment owns and operates the following television networks , which reached the following number of subscribers via pay television services as of december 31 , 2013 : global networks international subscribers ( millions ) regional networks international subscribers ( millions ) . <table class='wikitable'><tr><td>1</td><td>global networks discovery channel</td><td>internationalsubscribers ( millions ) 271</td><td>regional networks discovery kids</td><td>internationalsubscribers ( millions ) 76</td></tr><tr><td>2</td><td>animal planet</td><td>200</td><td>sbs nordic ( a )</td><td>28</td></tr><tr><td>3</td><td>tlc real time and travel & living</td><td>162</td><td>dmax ( b )</td><td>16</td></tr><tr><td>4</td><td>discovery science</td><td>81</td><td>discovery history</td><td>14</td></tr><tr><td>5</td><td>investigation discovery</td><td>74</td><td>shed</td><td>12</td></tr><tr><td>6</td><td>discovery home & health</td><td>64</td><td>discovery en espanol ( u.s. )</td><td>5</td></tr><tr><td>7</td><td>turbo</td><td>52</td><td>discovery familia ( u.s. )</td><td>4</td></tr><tr><td>8</td><td>discovery world</td><td>23</td><td>gxt</td><td>4</td></tr></table> ( a ) number of subscribers corresponds to the collective sum of the total number of subscribers to each of the sbs nordic broadcast networks in sweden , norway , and denmark subject to retransmission agreements with pay television providers . ( b ) number of subscribers corresponds to dmax pay television networks in the u.k. , austria , switzerland and ireland . our international networks segment also owns and operates free-to-air television networks which reached 285 million cumulative viewers in europe and the middle east as of december 31 , 2013 . our free-to-air networks include dmax , fatafeat , quest , real time , giallo , frisbee , focus and k2 . similar to u.s . networks , the primary sources of revenue for international networks are fees charged to operators who distribute our networks , which primarily include cable and dth satellite service providers , and advertising sold on our television networks . international television markets vary in their stages of development . some markets , such as the u.k. , are more advanced digital television markets , while others remain in the analog environment with varying degrees of investment from operators to expand channel capacity or convert to digital technologies . common practice in some markets results in long-term contractual distribution relationships , while customers in other markets renew contracts annually . distribution revenue for our international networks segment is largely dependent on the number of subscribers that receive our networks or content , the rates negotiated in the agreements , and the market demand for the content that we provide . advertising revenue is dependent upon a number of factors including the development of pay and free-to-air television markets , the number of subscribers to and viewers of our channels , viewership demographics , the popularity of our programming , and our ability to sell commercial time over a group of channels . in certain markets , our advertising sales business operates with in-house sales teams , while we rely on external sales representation services in other markets . in developing television markets , we expect that advertising revenue growth will result from continued subscriber and viewership growth , our localization strategy , and the shift of advertising spending from traditional analog networks to channels in the multi-channel environment . in relatively mature markets , such as western europe , growth in advertising revenue will come from increasing viewership and pricing of advertising on our existing television networks and the launching of new services , both organic and through acquisitions . during 2013 , distribution , advertising and other revenues were 50% ( 50 % ) , 47% ( 47 % ) and 3% ( 3 % ) , respectively , of total net revenues for this segment . on january 21 , 2014 , we entered into an agreement with tf1 to acquire a controlling interest in eurosport international ( \"eurosport\" ) , a leading pan-european sports media platform , by increasing our ownership stake from 20% ( 20 % ) to 51% ( 51 % ) for cash of approximately 20ac253 million ( $ 343 million ) subject to working capital adjustments . due to regulatory constraints the acquisition initially excludes eurosport france , a subsidiary of eurosport . we will retain a 20% ( 20 % ) equity interest in eurosport france and a commitment to acquire another 31% ( 31 % ) ownership interest beginning 2015 , contingent upon resolution of all regulatory matters . the flagship eurosport network focuses on regionally popular sports such as tennis , skiing , cycling and motor sports and reaches 133 million homes across 54 countries in 20 languages . eurosport 2019s brands and platforms also include eurosport hd ( high definition simulcast ) , eurosport 2 , eurosport 2 hd ( high definition simulcast ) , eurosport asia-pacific , and eurosportnews . the acquisition is intended to increase the growth of eurosport and enhance our pay television offerings in europe . tf1 will have the right to put the entirety of its remaining 49% ( 49 % ) non-controlling interest to us for approximately two and a half years after completion of this acquisition . the put has a floor value equal to the fair value at the acquisition date if exercised in the 90 day period beginning on july 1 , 2015 and is subsequently priced at fair value if exercised in the 90 day period beginning on july 1 , 2016 . we expect the acquisition to close in the second quarter of 2014 subject to obtaining necessary regulatory approvals. .\nQuestion: what is the new percentage of ownership stake as of 1/21/14?\nAnswer: 0.51\nQuestion: and the original ownership stake?\nAnswer: 0.2\nQuestion: what is the difference between these two values?\n" }, { "role": "agent", "content": "0.31" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .\nQuestion: what was the non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted in 2010?\nAnswer: 25.0\nQuestion: and what was it in 2009?\nAnswer: 46.0\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "71.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsystem energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common stock issuances by system energy require prior regulatory approval . a0 a0debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . a0 a0system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 111667</td><td>$ 33809</td><td>$ 39926</td><td>$ 2373</td></tr></table> see note 4 to the financial statements for a description of the money pool . the system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 . as of december 31 , 2017 , $ 17.8 million in letters of credit to support a like amount of commercial paper issued and $ 50 million in loans were outstanding under the system energy nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for additional discussion of the variable interest entity credit facility . system energy obtained authorizations from the ferc through october 2019 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity . see note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits . system energy resources , inc . management 2019s financial discussion and analysis federal regulation see the 201crate , cost-recovery , and other regulation 2013 federal regulation 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis and note 2 to the financial statements for a discussion of federal regulation . complaint against system energy in january 2017 the apsc and mpsc filed a complaint with the ferc against system energy . the complaint seeks a reduction in the return on equity component of the unit power sales agreement pursuant to which system energy sells its grand gulf capacity and energy to entergy arkansas , entergy louisiana , entergy mississippi , and entergy new orleans . entergy arkansas also sells some of its grand gulf capacity and energy to entergy louisiana , entergy mississippi , and entergy new orleans under separate agreements . the current return on equity under the unit power sales agreement is 10.94% ( 10.94 % ) . the complaint alleges that the return on equity is unjust and unreasonable because current capital market and other considerations indicate that it is excessive . the complaint requests the ferc to institute proceedings to investigate the return on equity and establish a lower return on equity , and also requests that the ferc establish january 23 , 2017 as a refund effective date . the complaint includes return on equity analysis that purports to establish that the range of reasonable return on equity for system energy is between 8.37% ( 8.37 % ) and 8.67% ( 8.67 % ) . system energy answered the complaint in february 2017 and disputes that a return on equity of 8.37% ( 8.37 % ) to 8.67% ( 8.67 % ) is just and reasonable . the lpsc and the city council intervened in the proceeding expressing support for the complaint . system energy is recording a provision against revenue for the potential outcome of this proceeding . in september 2017 the ferc established a refund effective date of january 23 , 2017 , consolidated the return on equity complaint with the proceeding described in unit power sales agreement below , and directed the parties to engage in settlement .\nQuestion: what was the value of receivables in 2017?\n" }, { "role": "agent", "content": "111667.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndecember 31 , 2015 carrying amount accumulated amortization . <table class='wikitable'><tr><td>1</td><td>december 31 2015</td><td>gross carrying amount</td><td>accumulated amortization</td></tr><tr><td>2</td><td>computer software</td><td>$ 793</td><td>$ -643 ( 643 )</td></tr><tr><td>3</td><td>patents and licenses</td><td>110</td><td>-98 ( 98 )</td></tr><tr><td>4</td><td>other intangibles ( f )</td><td>961</td><td>-64 ( 64 )</td></tr><tr><td>5</td><td>total amortizable intangible assets</td><td>1864</td><td>-805 ( 805 )</td></tr><tr><td>6</td><td>indefinite-lived trade names and trademarks</td><td>45</td><td>-</td></tr><tr><td>7</td><td>total other intangible assets</td><td>$ 1909</td><td>$ -805 ( 805 )</td></tr></table> computer software consists primarily of software costs associated with an enterprise business solution ( ebs ) within arconic to drive common systems among all businesses . amortization expense related to the intangible assets in the tables above for the years ended december 31 , 2016 , 2015 , and 2014 was $ 65 , $ 67 , and $ 55 , respectively , and is expected to be in the range of approximately $ 56 to $ 64 annually from 2017 to 2021 . f . acquisitions and divestitures pro forma results of the company , assuming all acquisitions described below were made at the beginning of the earliest prior period presented , would not have been materially different from the results reported . 2016 divestitures . in april 2016 , arconic completed the sale of the remmele medical business to lisi medical for $ 102 in cash ( $ 99 net of transaction costs ) , which was included in proceeds from the sale of assets and businesses on the accompanying statement of consolidated cash flows . this business , which was part of the rti international metals inc . ( rti ) acquisition ( see below ) , manufactures precision-machined metal products for customers in the minimally invasive surgical device and implantable device markets . since this transaction occurred within a year of the completion of the rti acquisition , no gain was recorded on this transaction as the excess of the proceeds over the carrying value of the net assets of this business was reflected as a purchase price adjustment ( decrease to goodwill of $ 44 ) to the final allocation of the purchase price related to arconic 2019s acquisition of rti . while owned by arconic , the operating results and assets and liabilities of this business were included in the engineered products and solutions segment . this business generated sales of approximately $ 20 from january 1 , 2016 through the divestiture date , april 29 , 2016 , and , at the time of the divestiture , had approximately 330 employees . this transaction is no longer subject to post-closing adjustments . 2015 acquisitions . in march 2015 , arconic completed the acquisition of an aerospace structural castings company , tital , for $ 204 ( 20ac188 ) in cash ( an additional $ 1 ( 20ac1 ) was paid in september 2015 to settle working capital in accordance with the purchase agreement ) . tital , a privately held company with approximately 650 employees based in germany , produces aluminum and titanium investment casting products for the aerospace and defense markets . the purpose of this acquisition is to capture increasing demand for advanced jet engine components made of titanium , establish titanium-casting capabilities in europe , and expand existing aluminum casting capacity . the assets , including the associated goodwill , and liabilities of this business were included within arconic 2019s engineered products and solutions segment since the date of acquisition . based on the preliminary allocation of the purchase price , goodwill of $ 118 was recorded for this transaction . in the first quarter of 2016 , the allocation of the purchase price was finalized , based , in part , on the completion of a third-party valuation of certain assets acquired , resulting in a $ 1 reduction of the initial goodwill amount . none of the $ 117 in goodwill is deductible for income tax purposes and no other intangible assets were identified . this transaction is no longer subject to post-closing adjustments . in july 2015 , arconic completed the acquisition of rti , a u.s . company that was publicly traded on the new york stock exchange under the ticker symbol 201crti . 201d arconic purchased all outstanding shares of rti common stock in a stock-for-stock transaction valued at $ 870 ( based on the $ 9.96 per share july 23 , 2015 closing price of arconic 2019s .\nQuestion: what is the gross carrying amount for computer software as of dec 31, 2015?\n" }, { "role": "agent", "content": "793.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsecurities have historically returned approximately 10% ( 10 % ) annually over long periods of time , while u.s . debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation ranges for equities and bonds produces a result between 7.25% ( 7.25 % ) and 8.75% ( 8.75 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods and consider the current economic environment . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns . while annual returns can vary significantly ( actual returns for 2012 , 2011 , and 2010 were +15.29% ( +15.29 % ) , +.11% ( +.11 % ) , and +14.87% ( +14.87 % ) , respectively ) , the selected assumption represents our estimated long-term average prospective returns . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from others . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . taking into consideration all of these factors , the expected long-term return on plan assets for determining net periodic pension cost for 2012 was 7.75% ( 7.75 % ) , the same as it was for 2011 . after considering the views of both internal and external capital market advisors , particularly with regard to the effects of the recent economic environment on long-term prospective fixed income returns , we are reducing our expected long-term return on assets to 7.50% ( 7.50 % ) for determining pension cost for under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to increase or decrease by up to $ 8 million as the impact is amortized into results of operations . we currently estimate a pretax pension expense of $ 73 million in 2013 compared with pretax expense of $ 89 million in 2012 . this year-over-year expected decrease reflects the impact of favorable returns on plan assets experienced in 2012 as well as the effects of the lower discount rate required to be used in the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2013 estimated expense as a baseline . table 27 : pension expense - sensitivity analysis change in assumption ( a ) estimated increase to 2013 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2013pensionexpense ( in millions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 21</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 19</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 2</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of required contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we do not expect to be required by law to make any contributions to the plan during 2013 . we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees , which are described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . the pnc financial services group , inc . 2013 form 10-k 77 .\nQuestion: what was the pension pretax expense in 2012?\nAnswer: 89.0\nQuestion: what was it in 2011?\nAnswer: 73.0\nQuestion: what is the net change?\nAnswer: 16.0\nQuestion: what is the net change divided by the 2012 value?\nAnswer: 0.17978\nQuestion: what is that displayed as a percent?\n" }, { "role": "agent", "content": "17.97753" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n\"three factor formula\" ) . the consolidated financial statements include northrop grumman management and support services allocations totaling $ 32 million for the year ended december 31 , 2011 . shared services and infrastructure costs - this category includes costs for functions such as information technology support , systems maintenance , telecommunications , procurement and other shared services while hii was a subsidiary of northrop grumman . these costs were generally allocated to the company using the three factor formula or based on usage . the consolidated financial statements reflect shared services and infrastructure costs allocations totaling $ 80 million for the year ended december 31 , 2011 . northrop grumman-provided benefits - this category includes costs for group medical , dental and vision insurance , 401 ( k ) savings plan , pension and postretirement benefits , incentive compensation and other benefits . these costs were generally allocated to the company based on specific identification of the benefits provided to company employees participating in these benefit plans . the consolidated financial statements include northrop grumman- provided benefits allocations totaling $ 169 million for the year ended december 31 , 2011 . management believes that the methods of allocating these costs are reasonable , consistent with past practices , and in conformity with cost allocation requirements of cas or the far . related party sales and cost of sales prior to the spin-off , hii purchased and sold certain products and services from and to other northrop grumman entities . purchases of products and services from these affiliated entities , which were recorded at cost , were $ 44 million for the year ended december 31 , 2011 . sales of products and services to these entities were $ 1 million for the year ended december 31 , 2011 . former parent's equity in unit transactions between hii and northrop grumman prior to the spin-off have been included in the consolidated financial statements and were effectively settled for cash at the time the transaction was recorded . the net effect of the settlement of these transactions is reflected as former parent's equity in unit in the consolidated statement of changes in equity . 21 . unaudited selected quarterly data unaudited quarterly financial results for the years ended december 31 , 2013 and 2012 , are set forth in the following tables: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>year ended december 31 2013 1st qtr</td><td>year ended december 31 2013 2nd qtr</td><td>year ended december 31 2013 3rd qtr</td><td>year ended december 31 2013 4th qtr</td></tr><tr><td>2</td><td>sales and service revenues</td><td>$ 1562</td><td>$ 1683</td><td>$ 1637</td><td>$ 1938</td></tr><tr><td>3</td><td>operating income ( loss )</td><td>95</td><td>116</td><td>127</td><td>174</td></tr><tr><td>4</td><td>earnings ( loss ) before income taxes</td><td>65</td><td>87</td><td>99</td><td>143</td></tr><tr><td>5</td><td>net earnings ( loss )</td><td>44</td><td>57</td><td>69</td><td>91</td></tr><tr><td>6</td><td>dividends declared per share</td><td>$ 0.10</td><td>$ 0.10</td><td>$ 0.10</td><td>$ 0.20</td></tr><tr><td>7</td><td>basic earnings ( loss ) per share</td><td>$ 0.88</td><td>$ 1.14</td><td>$ 1.38</td><td>$ 1.86</td></tr><tr><td>8</td><td>diluted earnings ( loss ) per share</td><td>$ 0.87</td><td>$ 1.12</td><td>$ 1.36</td><td>$ 1.82</td></tr></table> .\nQuestion: in the year of 2013, during the second quarter, what was the operating income as a portion of sales and service revenues?\nAnswer: 0.06892\nQuestion: and during both the first and the second quarter, what was the total of dividends declared per share?\nAnswer: 0.2\nQuestion: including the third quarter, what then becomes this total?\n" }, { "role": "agent", "content": "0.3" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstate street corporation notes to consolidated financial statements ( continued ) with respect to the 5.25% ( 5.25 % ) subordinated bank notes due 2018 , state street bank is required to make semi- annual interest payments on the outstanding principal balance of the notes on april 15 and october 15 of each year , and the notes qualify for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines . with respect to the 5.30% ( 5.30 % ) subordinated notes due 2016 and the floating-rate subordinated notes due 2015 , state street bank is required to make semi-annual interest payments on the outstanding principal balance of the 5.30% ( 5.30 % ) subordinated notes on january 15 and july 15 of each year , and quarterly interest payments on the outstanding principal balance of the floating-rate notes on march 8 , june 8 , september 8 and december 8 of each year . each of the subordinated notes qualifies for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines . note 11 . commitments , guarantees and contingencies commitments : we had unfunded off-balance sheet commitments to extend credit totaling $ 21.30 billion and $ 17.86 billion as of december 31 , 2013 and 2012 , respectively . the potential losses associated with these commitments equal the gross contractual amounts , and do not consider the value of any collateral . approximately 75% ( 75 % ) of our unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the gross contractual amounts do not necessarily represent our future cash requirements . guarantees : off-balance sheet guarantees are composed of indemnified securities financing , stable value protection , unfunded commitments to purchase assets , and standby letters of credit . the potential losses associated with these guarantees equal the gross contractual amounts , and do not consider the value of any collateral . the following table presents the aggregate gross contractual amounts of our off-balance sheet guarantees as of december 31 , 2013 and 2012 . amounts presented do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 320078</td><td>$ 302341</td></tr><tr><td>3</td><td>stable value protection</td><td>24906</td><td>33512</td></tr><tr><td>4</td><td>asset purchase agreements</td><td>4685</td><td>5063</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4612</td><td>4552</td></tr></table> indemnified securities financing on behalf of our clients , we lend their securities , as agent , to brokers and other institutions . in most circumstances , we indemnify our clients for the fair market value of those securities against a failure of the borrower to return such securities . we require the borrowers to maintain collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . securities on loan and the collateral are revalued daily to determine if additional collateral is necessary or if excess collateral is required to be returned to the borrower . collateral received in connection with our securities lending services is held by us as agent and is not recorded in our consolidated statement of condition . the cash collateral held by us as agent is invested on behalf of our clients . in certain cases , the cash collateral is invested in third-party repurchase agreements , for which we indemnify the client against loss of the principal invested . we require the counterparty to the indemnified repurchase agreement to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . in our role as agent , the indemnified repurchase agreements and the related collateral held by us are not recorded in our consolidated statement of condition. .\nQuestion: what was the total in asset purchase agreements in 2013?\nAnswer: 4685.0\nQuestion: and what was it in 2012?\n" }, { "role": "agent", "content": "5063.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nconsolidated income statement review our consolidated income statement is presented in item 8 of this report . net income for 2012 was $ 3.0 billion compared with $ 3.1 billion for 2011 . revenue growth of 8 percent and a decline in the provision for credit losses were more than offset by a 16 percent increase in noninterest expense in 2012 compared to 2011 . further detail is included in the net interest income , noninterest income , provision for credit losses and noninterest expense portions of this consolidated income statement review . net interest income table 2 : net interest income and net interest margin year ended december 31 dollars in millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>year ended december 31dollars in millions</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9640</td><td>$ 8700</td></tr><tr><td>3</td><td>net interest margin</td><td>3.94% ( 3.94 % )</td><td>3.92% ( 3.92 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see the statistical information ( unaudited ) 2013 average consolidated balance sheet and net interest analysis and analysis of year-to-year changes in net interest income in item 8 of this report and the discussion of purchase accounting accretion of purchased impaired loans in the consolidated balance sheet review in this item 7 for additional information . the increase in net interest income in 2012 compared with 2011 was primarily due to the impact of the rbc bank ( usa ) acquisition , organic loan growth and lower funding costs . purchase accounting accretion remained stable at $ 1.1 billion in both periods . the net interest margin was 3.94% ( 3.94 % ) for 2012 and 3.92% ( 3.92 % ) for 2011 . the increase in the comparison was primarily due to a decrease in the weighted-average rate accrued on total interest- bearing liabilities of 29 basis points , largely offset by a 21 basis point decrease on the yield on total interest-earning assets . the decrease in the rate on interest-bearing liabilities was primarily due to the runoff of maturing retail certificates of deposit and the redemption of additional trust preferred and hybrid capital securities during 2012 , in addition to an increase in fhlb borrowings and commercial paper as lower-cost funding sources . the decrease in the yield on interest-earning assets was primarily due to lower rates on new loan volume and lower yields on new securities in the current low rate environment . with respect to the first quarter of 2013 , we expect net interest income to decline by two to three percent compared to fourth quarter 2012 net interest income of $ 2.4 billion , due to a decrease in purchase accounting accretion of up to $ 50 to $ 60 million , including lower expected cash recoveries . for the full year 2013 , we expect net interest income to decrease compared with 2012 , assuming an expected decline in purchase accounting accretion of approximately $ 400 million , while core net interest income is expected to increase in the year-over-year comparison . we believe our net interest margin will come under pressure in 2013 , due to the expected decline in purchase accounting accretion and assuming that the current low rate environment continues . noninterest income noninterest income totaled $ 5.9 billion for 2012 and $ 5.6 billion for 2011 . the overall increase in the comparison was primarily due to an increase in residential mortgage loan sales revenue driven by higher loan origination volume , gains on sales of visa class b common shares and higher corporate service fees , largely offset by higher provision for residential mortgage repurchase obligations . asset management revenue , including blackrock , totaled $ 1.2 billion in 2012 compared with $ 1.1 billion in 2011 . this increase was primarily due to higher earnings from our blackrock investment . discretionary assets under management increased to $ 112 billion at december 31 , 2012 compared with $ 107 billion at december 31 , 2011 driven by stronger average equity markets , positive net flows and strong sales performance . for 2012 , consumer services fees were $ 1.1 billion compared with $ 1.2 billion in 2011 . the decline reflected the regulatory impact of lower interchange fees on debit card transactions partially offset by customer growth . as further discussed in the retail banking portion of the business segments review section of this item 7 , the dodd-frank limits on interchange rates were effective october 1 , 2011 and had a negative impact on revenue of approximately $ 314 million in 2012 and $ 75 million in 2011 . this impact was partially offset by higher volumes of merchant , customer credit card and debit card transactions and the impact of the rbc bank ( usa ) acquisition . corporate services revenue increased by $ .3 billion , or 30 percent , to $ 1.2 billion in 2012 compared with $ .9 billion in 2011 due to higher commercial mortgage servicing revenue and higher merger and acquisition advisory fees in 2012 . the major components of corporate services revenue are treasury management revenue , corporate finance fees , including revenue from capital markets-related products and services , and commercial mortgage servicing revenue , including commercial mortgage banking activities . see the product revenue portion of this consolidated income statement review for further detail . the pnc financial services group , inc . 2013 form 10-k 39 .\nQuestion: what was the net interest income in 2012?\nAnswer: 9640.0\nQuestion: and in 2011?\n" }, { "role": "agent", "content": "8700.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) the following results drove changes in ccg operating income by approximately the amounts indicated: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>operating income reconciliation</td></tr><tr><td>2</td><td>$ 10646</td><td>2016 ccg operating income</td></tr><tr><td>3</td><td>1250</td><td>lower ccg platform unit cost</td></tr><tr><td>4</td><td>905</td><td>lower ccg operating expense</td></tr><tr><td>5</td><td>625</td><td>higher gross margin from ccg platform revenue1</td></tr><tr><td>6</td><td>-645 ( 645 )</td><td>higher factory start-up costs primarily driven by the ramp of our 10nm process technology</td></tr><tr><td>7</td><td>345</td><td>other</td></tr><tr><td>8</td><td>$ 8166</td><td>2015 ccg operating income</td></tr><tr><td>9</td><td>-2060 ( 2060 )</td><td>higher ccg platform unit costs</td></tr><tr><td>10</td><td>-1565 ( 1565 )</td><td>lower gross margin from ccg platform revenue2</td></tr><tr><td>11</td><td>435</td><td>lower factory start-up costs primarily driven by the ramp of our 14nm process technology</td></tr><tr><td>12</td><td>430</td><td>lower production costs primarily on our 14nm products treated as period charges in 2014</td></tr><tr><td>13</td><td>375</td><td>lower operating expense</td></tr><tr><td>14</td><td>224</td><td>other</td></tr><tr><td>15</td><td>$ 10327</td><td>2014 ccg operating income</td></tr></table> 1 higher gross margin from higher ccg platform revenue was driven by higher average selling prices on notebook and desktop platforms , offset by lower desktop and notebook platform unit sales . 2 lower gross margin from lower ccg platform revenue was driven by lower desktop and notebook platform unit sales , partially offset by higher average selling prices on desktop , notebook , and tablet platforms . data center group segment product overview the dcg operating segment offers platforms designed to provide leading energy-efficient performance for all server , network , and storage applications . in addition , dcg focuses on lowering the total cost of ownership on other specific workload- optimizations for the enterprise , cloud service providers , and communications service provider market segments . in 2016 , we launched the following platforms with an array of functionalities and advancements : 2022 intel ae xeon ae processor e5 v4 family , the foundation for high performing clouds and delivers energy-efficient performance for server , network , and storage workloads . 2022 intel xeon processor e7 v4 family , targeted at platforms requiring four or more cpus ; this processor family delivers high performance and is optimized for real-time analytics and in-memory computing , along with industry-leading reliability , availability , and serviceability . 2022 intel ae xeon phi 2122 product family , formerly code-named knights landing , with up to 72 high-performance intel processor cores , integrated memory and fabric , and a common software programming model with intel xeon processors . the intel xeon phi product family is designed for highly parallel compute and memory bandwidth-intensive workloads . intel xeon phi processors are positioned to increase the performance of supercomputers , enabling trillions of calculations per second , and to address emerging data analytics and artificial intelligence solutions . in 2017 , we expect to release our next generation of intel xeon processors for compute , storage , and network ; a next-generation intel xeon phi processor optimized for deep learning ; and a suite of single-socket products , including next-generation intel xeon e3 processors , next-generation intel atom processors , and next-generation intel xeon-d processors for dense solutions. .\nQuestion: what was the ccg operating income in 2016?\nAnswer: 10646.0\nQuestion: and what was it in 2015?\nAnswer: 8166.0\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "2480.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nedwards lifesciences corporation notes to consolidated financial statements ( continued ) 12 . employee benefit plans ( continued ) equity and debt securities are valued at fair value based on quoted market prices reported on the active markets on which the individual securities are traded . the insurance contracts are valued at the cash surrender value of the contracts , which is deemed to approximate its fair value . the following benefit payments , which reflect expected future service , as appropriate , at december 31 , 2016 , are expected to be paid ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2017</td><td>$ 4.5</td></tr><tr><td>2</td><td>2018</td><td>4.0</td></tr><tr><td>3</td><td>2019</td><td>4.0</td></tr><tr><td>4</td><td>2020</td><td>4.6</td></tr><tr><td>5</td><td>2021</td><td>4.5</td></tr><tr><td>6</td><td>2021-2025</td><td>44.6</td></tr></table> as of december 31 , 2016 , expected employer contributions for 2017 are $ 6.1 million . defined contribution plans the company 2019s employees in the united states and puerto rico are eligible to participate in a qualified defined contribution plan . in the united states , participants may contribute up to 25% ( 25 % ) of their eligible compensation ( subject to tax code limitation ) to the plan . edwards lifesciences matches the first 3% ( 3 % ) of the participant 2019s annual eligible compensation contributed to the plan on a dollar-for-dollar basis . edwards lifesciences matches the next 2% ( 2 % ) of the participant 2019s annual eligible compensation to the plan on a 50% ( 50 % ) basis . in puerto rico , participants may contribute up to 25% ( 25 % ) of their annual compensation ( subject to tax code limitation ) to the plan . edwards lifesciences matches the first 4% ( 4 % ) of participant 2019s annual eligible compensation contributed to the plan on a 50% ( 50 % ) basis . the company also provides a 2% ( 2 % ) profit sharing contribution calculated on eligible earnings for each employee . matching contributions relating to edwards lifesciences employees were $ 17.3 million , $ 15.3 million , and $ 12.8 million in 2016 , 2015 , and 2014 , respectively . the company also has nonqualified deferred compensation plans for a select group of employees . the plans provide eligible participants the opportunity to defer eligible compensation to future dates specified by the participant with a return based on investment alternatives selected by the participant . the amount accrued under these nonqualified plans was $ 46.7 million and $ 35.5 million at december 31 , 2016 and 2015 , respectively . 13 . common stock treasury stock in july 2014 , the board of directors approved a stock repurchase program authorizing the company to purchase up to $ 750.0 million of the company 2019s common stock . in november 2016 , the board of directors approved a new stock repurchase program providing for an additional $ 1.0 billion of repurchases of our common stock . the repurchase programs do not have an expiration date . stock repurchased under these programs may be used to offset obligations under the company 2019s employee stock-based benefit programs and stock-based business acquisitions , and will reduce the total shares outstanding . during 2016 , 2015 , and 2014 , the company repurchased 7.3 million , 2.6 million , and 4.4 million shares , respectively , at an aggregate cost of $ 662.3 million , $ 280.1 million , and $ 300.9 million , respectively , including .\nQuestion: what were the matching contributions in the year of 2016, in millions?\nAnswer: 17.3\nQuestion: and what were they in 2014, also in millions?\nAnswer: 12.8\nQuestion: what was, then, in millions, the change in matching contributions over the years?\n" }, { "role": "agent", "content": "4.5" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstock total return performance the following graph compares our total return to stockholders with the returns of the standard & poor 2019s composite 500 index ( 201cs&p 500 201d ) and the dow jones us select health care providers index ( 201cpeer group 201d ) for the five years ended december 31 , 2017 . the graph assumes an investment of $ 100 in each of our common stock , the s&p 500 , and the peer group on december 31 , 2012 , and that dividends were reinvested when paid. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2012</td><td>12/31/2013</td><td>12/31/2014</td><td>12/31/2015</td><td>12/31/2016</td><td>12/31/2017</td></tr><tr><td>2</td><td>hum</td><td>$ 100</td><td>$ 152</td><td>$ 214</td><td>$ 267</td><td>$ 307</td><td>$ 377</td></tr><tr><td>3</td><td>s&p 500</td><td>$ 100</td><td>$ 132</td><td>$ 150</td><td>$ 153</td><td>$ 171</td><td>$ 208</td></tr><tr><td>4</td><td>peer group</td><td>$ 100</td><td>$ 137</td><td>$ 175</td><td>$ 186</td><td>$ 188</td><td>$ 238</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .\nQuestion: what was the price of the peer group in 2014?\nAnswer: 175.0\nQuestion: what was the price of the peer group in 2013?\nAnswer: 137.0\nQuestion: what is the quotient of the prices 2014 to 2013?\nAnswer: 1.27737\nQuestion: what is that value less 1?\n" }, { "role": "agent", "content": "0.27737" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfinancial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .\nQuestion: what was the reduction of net sales due to sales returns discounts and rebates in 2018?\nAnswer: 12529.6\nQuestion: and what was it in 2017?\nAnswer: 10603.4\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "1926.2" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nresearch and development we are committed to investing in highly productive research and development capabilities , particularly in electro-mechanical systems . our research and development ( \"r&d\" ) expenditures were approximately $ 48.3 million , $ 47.3 million and $ 45.2 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . we concentrate on developing technology innovations that will deliver growth through the introduction of new products and solutions , and also on driving continuous improvements in product cost , quality , safety and sustainability . we manage our r&d team as a global group with an emphasis on a global collaborative approach to identify and develop new technologies and worldwide product platforms . we are organized on a regional basis to leverage expertise in local standards and configurations . in addition to regional engineering centers in each geographic region , we also operate a global engineering center of excellence in bangalore , india . seasonality our business experiences seasonality that varies by product line . because more construction and do-it-yourself projects occur during the second and third calendar quarters of each year in the northern hemisphere , our security product sales , typically , are higher in those quarters than in the first and fourth calendar quarters . however , our interflex business typically experiences higher sales in the fourth calendar quarter due to project timing . revenue by quarter for the years ended december 31 , 2017 , 2016 and 2015 are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>first quarter</td><td>second quarter</td><td>third quarter</td><td>fourth quarter</td></tr><tr><td>2</td><td>2017</td><td>23% ( 23 % )</td><td>26% ( 26 % )</td><td>25% ( 25 % )</td><td>26% ( 26 % )</td></tr><tr><td>3</td><td>2016</td><td>22% ( 22 % )</td><td>26% ( 26 % )</td><td>26% ( 26 % )</td><td>26% ( 26 % )</td></tr><tr><td>4</td><td>2015</td><td>22% ( 22 % )</td><td>25% ( 25 % )</td><td>26% ( 26 % )</td><td>27% ( 27 % )</td></tr></table> employees we currently have approximately 10000 employees . environmental regulation we have a dedicated environmental program that is designed to reduce the utilization and generation of hazardous materials during the manufacturing process as well as to remediate identified environmental concerns . as to the latter , we are currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former production facilities . the company regularly evaluates its remediation programs and considers alternative remediation methods that are in addition to , or in replacement of , those currently utilized by the company based upon enhanced technology and regulatory changes . we are sometimes a party to environmental lawsuits and claims and have received notices of potential violations of environmental laws and regulations from the u.s . environmental protection agency ( the \"epa\" ) and similar state authorities . we have also been identified as a potentially responsible party ( \"prp\" ) for cleanup costs associated with off-site waste disposal at federal superfund and state remediation sites . for all such sites , there are other prps and , in most instances , our involvement is minimal . in estimating our liability , we have assumed that we will not bear the entire cost of remediation of any site to the exclusion of other prps who may be jointly and severally liable . the ability of other prps to participate has been taken into account , based on our understanding of the parties 2019 financial condition and probable contributions on a per site basis . additional lawsuits and claims involving environmental matters are likely to arise from time to time in the future . we incurred $ 3.2 million , $ 23.3 million , and $ 4.4 million of expenses during the years ended december 31 , 2017 , 2016 , and 2015 , respectively , for environmental remediation at sites presently or formerly owned or leased by us . as of december 31 , 2017 and 2016 , we have recorded reserves for environmental matters of $ 28.9 million and $ 30.6 million . of these amounts $ 8.9 million and $ 9.6 million , respectively , relate to remediation of sites previously disposed by us . given the evolving nature of environmental laws , regulations and technology , the ultimate cost of future compliance is uncertain. .\nQuestion: what were the reserves for environmental matters in the year of 2017, in millions?\nAnswer: 28.9\nQuestion: and what were they in 2016, also in millions?\nAnswer: 30.6\nQuestion: what was, then, in millions, the total sum of reserves for environmental matters in both of these years?\nAnswer: 59.5\nQuestion: and what was the average between those two values?\n" }, { "role": "agent", "content": "29.75" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmasco corporation notes to consolidated financial statements ( continued ) t . other commitments and contingencies litigation . we are subject to claims , charges , litigation and other proceedings in the ordinary course of our business , including those arising from or related to contractual matters , intellectual property , personal injury , environmental matters , product liability , construction defect , insurance coverage , personnel and employment disputes and other matters , including class actions . we believe we have adequate defenses in these matters and that the outcome of these matters is not likely to have a material adverse effect on us . however , there is no assurance that we will prevail in these matters , and we could in the future incur judgments , enter into settlements of claims or revise our expectations regarding the outcome of these matters , which could materially impact our results of operations . in july 2012 , the company reached a settlement agreement related to the columbus drywall litigation . the company and its insulation installation companies named in the suit agreed to pay $ 75 million in return for dismissal with prejudice and full release of all claims . the company and its insulation installation companies continue to deny that the challenged conduct was unlawful and admit no wrongdoing as part of the settlement . a settlement was reached to eliminate the considerable expense and uncertainty of this lawsuit . the company recorded the settlement expense in the second quarter of 2012 and the amount was paid in the fourth quarter of 2012 . warranty . at the time of sale , the company accrues a warranty liability for the estimated cost to provide products , parts or services to repair or replace products in satisfaction of warranty obligations . during the third quarter of 2012 , a business in the other specialty products segment recorded a $ 12 million increase in expected future warranty claims resulting from the completion of an analysis prepared by the company based upon its periodic assessment of recent business unit specific operating trends including , among others , home ownership demographics , sales volumes , manufacturing quality , an analysis of recent warranty claim activity and an estimate of current costs to service anticipated claims . changes in the company 2019s warranty liability were as follows , in millions: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 102</td><td>$ 107</td></tr><tr><td>3</td><td>accruals for warranties issued during the year</td><td>42</td><td>28</td></tr><tr><td>4</td><td>accruals related to pre-existing warranties</td><td>16</td><td>8</td></tr><tr><td>5</td><td>settlements made ( in cash or kind ) during the year</td><td>-38 ( 38 )</td><td>-38 ( 38 )</td></tr><tr><td>6</td><td>other net ( including currency translation )</td><td>-4 ( 4 )</td><td>-3 ( 3 )</td></tr><tr><td>7</td><td>balance at december 31</td><td>$ 118</td><td>$ 102</td></tr></table> investments . with respect to the company 2019s investments in private equity funds , the company had , at december 31 , 2012 , commitments to contribute up to $ 19 million of additional capital to such funds representing the company 2019s aggregate capital commitment to such funds less capital contributions made to date . the company is contractually obligated to make additional capital contributions to certain of its private equity funds upon receipt of a capital call from the private equity fund . the company has no control over when or if the capital calls will occur . capital calls are funded in cash and generally result in an increase in the carrying value of the company 2019s investment in the private equity fund when paid. .\nQuestion: what is the balance of company's warranty liability at the end of 2012?\nAnswer: 118.0\nQuestion: what about 2011?\nAnswer: 102.0\nQuestion: what is the net change in the balance of company's warranty liability?\nAnswer: 16.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.15686" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy mississippi , inc . management's financial discussion and analysis the net wholesale revenue variance is primarily due to lower profit on joint account sales and reduced capacity revenue from the municipal energy agency of mississippi . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased primarily due to an increase of $ 152.5 million in fuel cost recovery revenues due to higher fuel rates , partially offset by a decrease of $ 43 million in gross wholesale revenues due to a decrease in net generation and purchases in excess of decreased net area demand resulting in less energy available for resale sales coupled with a decrease in system agreement remedy receipts . fuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by decreased demand and decreased recovery from customers of deferred fuel costs . other regulatory charges increased primarily due to increased recovery through the grand gulf rider of grand gulf capacity costs due to higher rates and increased recovery of costs associated with the power management recovery rider . there is no material effect on net income due to quarterly adjustments to the power management recovery rider . 2007 compared to 2006 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 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 466.1</td></tr><tr><td>3</td><td>base revenue</td><td>7.9</td></tr><tr><td>4</td><td>volume/weather</td><td>4.5</td></tr><tr><td>5</td><td>transmission revenue</td><td>4.1</td></tr><tr><td>6</td><td>transmission equalization</td><td>4.0</td></tr><tr><td>7</td><td>reserve equalization</td><td>3.8</td></tr><tr><td>8</td><td>attala costs</td><td>-10.2 ( 10.2 )</td></tr><tr><td>9</td><td>other</td><td>6.7</td></tr><tr><td>10</td><td>2007 net revenue</td><td>$ 486.9</td></tr></table> the base revenue variance is primarily due to a formula rate plan increase effective july 2007 . the formula rate plan filing is discussed further in \"state and local rate regulation\" below . the volume/weather variance is primarily due to increased electricity usage primarily in the residential and commercial sectors , including the effect of more favorable weather on billed electric sales in 2007 compared to 2006 . billed electricity usage increased 214 gwh . the increase in usage was partially offset by decreased usage in the industrial sector . the transmission revenue variance is due to higher rates and the addition of new transmission customers in late 2006 . the transmission equalization variance is primarily due to a revision made in 2006 of transmission equalization receipts among entergy companies . the reserve equalization variance is primarily due to a revision in 2006 of reserve equalization payments among entergy companies due to a ferc ruling regarding the inclusion of interruptible loads in reserve .\nQuestion: what was the change in net revenue from 2006 to 2007?\nAnswer: 20.8\nQuestion: what were net revenues in 2006?\n" }, { "role": "agent", "content": "466.1" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n. <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period ( in thousands ) total</td><td>payments due by period ( in thousands ) 2017</td><td>payments due by period ( in thousands ) 2018</td><td>payments due by period ( in thousands ) 2019</td><td>payments due by period ( in thousands ) 2020</td><td>payments due by period ( in thousands ) 2021</td><td>payments due by period ( in thousands ) thereafter</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 3508789</td><td>$ 203244</td><td>$ 409257</td><td>$ 366456</td><td>$ 461309</td><td>$ 329339</td><td>$ 1739184</td></tr><tr><td>3</td><td>line of credit ( 2 )</td><td>56127</td><td>2650</td><td>2650</td><td>2650</td><td>48177</td><td>2014</td><td>2014</td></tr><tr><td>4</td><td>share of unconsolidated joint ventures' debt ( 3 )</td><td>91235</td><td>2444</td><td>28466</td><td>5737</td><td>11598</td><td>1236</td><td>41754</td></tr><tr><td>5</td><td>ground leases</td><td>311120</td><td>10745</td><td>5721</td><td>5758</td><td>5793</td><td>5822</td><td>277281</td></tr><tr><td>6</td><td>development and construction backlog costs ( 4 )</td><td>344700</td><td>331553</td><td>13147</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>7</td><td>other</td><td>43357</td><td>7502</td><td>7342</td><td>5801</td><td>4326</td><td>3906</td><td>14480</td></tr><tr><td>8</td><td>total contractual obligations</td><td>$ 4355328</td><td>$ 558138</td><td>$ 466583</td><td>$ 386402</td><td>$ 531203</td><td>$ 340303</td><td>$ 2072699</td></tr></table> ( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest . interest payments for variable rate debt were calculated using the interest rates as of december 31 , 2016 . repayment of our $ 250.0 million variable rate term note , which has a contractual maturity date in january 2019 , is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . ( 2 ) our unsecured line of credit has a contractual maturity date in january 2019 , but is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . interest payments for our unsecured line of credit were calculated using the most recent stated interest rate that was in effect.ff ( 3 ) our share of unconsolidated joint venture debt includes both principal and interest . interest expense for variable rate debt was calculated using the interest rate at december 31 , 2016 . ( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects . related party y transactionstt we provide property and asset management , leasing , construction and other tenant-related services to ww unconsolidated companies in which we have equity interests . for the years ended december 31 , 2016 , 2015 and 2014 we earned management fees of $ 4.5 million , $ 6.8 million and $ 8.5 million , leasing fees of $ 2.4 million , $ 3.0 million and $ 3.4 million and construction and development fees of $ 8.0 million , $ 6.1 million and $ 5.8 million , respectively , from these companies , prior to elimination of our ownership percentage . yy we recorded these fees based ww on contractual terms that approximate market rates for these types of services and have eliminated our ownership percentages of these fees in the consolidated financial statements . commitments and contingenciesg the partnership has guaranteed the repayment of $ 32.9 million of economic development bonds issued by various municipalities in connection with certain commercial developments . we will be required to make payments under ww our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond ff debt service . management does not believe that it is probable that we will be required to make any significant payments in satisfaction of these guarantees . the partnership also has guaranteed the repayment of an unsecured loan of one of our unconsolidated subsidiaries . at december 31 , 2016 , the maximum guarantee exposure for this loan was approximately $ 52.1 million . we lease certain land positions with terms extending toww march 2114 , with a total future payment obligation of $ 311.1 million . the payments on these ground leases , which are classified as operating leases , are not material in any individual year . in addition to ground leases , we are party to other operating leases as part of conducting our business , including leases of office space from third parties , with a total future payment obligation of ff $ 43.4 million at december 31 , 2016 . no future payments on these leases are material in any individual year . we are subject to various legal proceedings and claims that arise in the ordinary course of business . in the opinion ww of management , the amount of any ultimate liability with respect to these actions is not expected to materially affect ff our consolidated financial statements or results of operations . we own certain parcels of land that are subject to special property tax assessments levied by quasi municipalww entities . to the extent that such special assessments are fixed and determinable , the discounted value of the fulltt .\nQuestion: what was the management fee earned for the year ended 12/31/16?\nAnswer: 4.5\nQuestion: and the leasing fee for the same period?\nAnswer: 2.4\nQuestion: how much combined was earned from these two fees?\n" }, { "role": "agent", "content": "6.9" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nother taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 . in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized . dominion energy 2002 2001 2000 ( millions , except per share amounts ) . <table class='wikitable'><tr><td>1</td><td>( millions except pershare amounts )</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>operating revenue</td><td>$ 5940</td><td>$ 6144</td><td>$ 4894</td></tr><tr><td>3</td><td>operating expenses</td><td>4520</td><td>4749</td><td>3939</td></tr><tr><td>4</td><td>net income contribution</td><td>770</td><td>723</td><td>489</td></tr><tr><td>5</td><td>earnings per share contribution</td><td>$ 2.72</td><td>$ 2.86</td><td>$ 2.07</td></tr><tr><td>6</td><td>electricity supplied* ( million mwhrs )</td><td>101</td><td>95</td><td>83</td></tr><tr><td>7</td><td>gas transmission throughput ( bcf )</td><td>597</td><td>553</td><td>567</td></tr></table> * amounts presented are for electricity supplied by utility and merchant generation operations . operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 . net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) . interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 . the earnings per share decrease reflected share dilution . regulated electric sales revenue increased $ 179 million . favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively . fuel rate recoveries increased approximately $ 65 million for 2002 . these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income . partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts . nonregulated electric sales revenue increased $ 9 million . sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 . revenue from the wholesale marketing of utility generation decreased $ 74 million . due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market . revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year . net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins . nonregulated gas sales revenue decreased $ 351 million . the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices . revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million . the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment . as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy . the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins . those losses were partially offset by contributions from higher trading volumes in gas and oil markets . gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates . electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations . substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year . for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation . purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations . this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes . liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period . the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments . other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year . depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations . other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .\nQuestion: what is the gas transmission throughput ( bcf ) in 2002?\n" }, { "role": "agent", "content": "597.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncorporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items . at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net interest revenue</td><td>$ -1663 ( 1663 )</td><td>$ -2680 ( 2680 )</td><td>$ -2008 ( 2008 )</td></tr><tr><td>3</td><td>non-interest revenue</td><td>-8893 ( 8893 )</td><td>422</td><td>-302 ( 302 )</td></tr><tr><td>4</td><td>total revenues net of interest expense</td><td>$ -10556 ( 10556 )</td><td>$ -2258 ( 2258 )</td><td>$ -2310 ( 2310 )</td></tr><tr><td>5</td><td>total operating expenses</td><td>$ 1420</td><td>$ 510</td><td>$ 1813</td></tr><tr><td>6</td><td>provisions for loan losses and for benefits and claims</td><td>-1 ( 1 )</td><td>1</td><td>-3 ( 3 )</td></tr><tr><td>7</td><td>( loss ) from continuing operations before taxes</td><td>$ -11975 ( 11975 )</td><td>$ -2769 ( 2769 )</td><td>$ -4120 ( 4120 )</td></tr><tr><td>8</td><td>income taxes ( benefits )</td><td>-4369 ( 4369 )</td><td>-587 ( 587 )</td><td>-1446 ( 1446 )</td></tr><tr><td>9</td><td>( loss ) from continuing operations</td><td>$ -7606 ( 7606 )</td><td>$ -2182 ( 2182 )</td><td>$ -2674 ( 2674 )</td></tr><tr><td>10</td><td>income ( loss ) from discontinued operations net of taxes</td><td>-445 ( 445 )</td><td>4002</td><td>708</td></tr><tr><td>11</td><td>net income ( loss ) before attribution of noncontrolling interests</td><td>$ -8051 ( 8051 )</td><td>$ 1820</td><td>$ -1966 ( 1966 )</td></tr><tr><td>12</td><td>net income attributable to noncontrolling interests</td><td>2014</td><td>2014</td><td>2</td></tr><tr><td>13</td><td>net income ( loss )</td><td>$ -8051 ( 8051 )</td><td>$ 1820</td><td>$ -1968 ( 1968 )</td></tr></table> 2009 vs . 2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s . government . revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t . this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations . operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves . 2008 vs . 2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities . operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .\nQuestion: what was the difference in total operating expenses between 2008 and 2009?\nAnswer: 910.0\nQuestion: so what was the percentage change during this time?\n" }, { "role": "agent", "content": "1.78431" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincremental contract start-up costs 2014large municipal contract . during 2018 and 2017 , we incurred costs of $ 5.7 million and $ 8.2 million , respectively , related to the implementation of a large municipal contract . these costs did not meet the capitalization criteria prescribed by the new revenue recognition standard . adoption of the tax act . the tax act was enacted on december 22 , 2017 . among other things , the tax act reduced the u.s . federal corporate tax rate from 35% ( 35 % ) to 21% ( 21 % ) . for the year ended december 31 , 2017 , we recorded provisional amounts based on our estimates of the tax act 2019s effect to our deferred taxes , uncertain tax positions , and one-time transition tax . these adjustments reduced our tax provision by $ 463.9 million . during 2018 , we adjusted the provisional amounts recorded as of december 31 , 2017 for the one-time transition tax , deferred taxes and uncertain tax positions . these adjustments increased our tax provision by $ 0.3 million . bridgeton insurance recovery , net . during 2018 , we collected an insurance recovery of $ 40.0 million related to our closed bridgeton landfill in missouri , which we recognized as a reduction of remediation expenses in our cost of operations . in addition , we incurred $ 12.0 million of incremental costs attributable to the bridgeton insurance recovery . recent developments 2019 financial guidance in 2019 , we will continue to focus on managing the controllable aspects of our business by enhancing the quality of our revenue , investing in profitable growth opportunities and reducing costs . our team remains focused on executing our strategy to deliver consistent earnings and free cash flow growth , and improve return on invested capital . we are committed to an efficient capital structure , maintaining our investment grade credit ratings and increasing cash returned to our shareholders . our guidance is based on current economic conditions and does not assume any significant changes in the overall economy in 2019 . specific guidance follows : revenue we expect 2019 revenue to increase by approximately 4.25 to 4.75% ( 4.75 % ) comprised of the following : increase ( decrease ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>increase ( decrease )</td></tr><tr><td>2</td><td>average yield</td><td>2.75% ( 2.75 % )</td></tr><tr><td>3</td><td>volume</td><td>0.0 to 0.25</td></tr><tr><td>4</td><td>energy services</td><td>2013</td></tr><tr><td>5</td><td>fuel recovery fees</td><td>0.25</td></tr><tr><td>6</td><td>recycling processing and commodity sales</td><td>0.25 to 0.5</td></tr><tr><td>7</td><td>acquisitions / divestitures net</td><td>1.0</td></tr><tr><td>8</td><td>total change</td><td>4.25 to 4.75% ( 4.75 % )</td></tr></table> changes in price are restricted on approximately 50% ( 50 % ) of our annual service revenue . the majority of these restricted pricing arrangements are tied to fluctuations in a specific index ( primarily a consumer price index ) as defined in the contract . the consumer price index varies from a single historical stated period of time or an average of trailing historical rates over a stated period of time . in addition , the initial effect of pricing resets typically lags 6 to 12 months from the end of the index measurement period to the date the revised pricing goes into effect . as a result , current changes in a specific index may not manifest themselves in our reported pricing for several quarters into the future. .\nQuestion: what is the ratio of insurance recovery collected to incremental costs attributable to the bridgeton?\n" }, { "role": "agent", "content": "3.33333" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7a . quantitative and qualitative disclosures about market risk ( amounts in millions ) in the normal course of business , we are exposed to market risks related to interest rates , foreign currency rates and certain balance sheet items . from time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks . derivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes . interest rates our exposure to market risk for changes in interest rates relates primarily to the fair market value and cash flows of our debt obligations . the majority of our debt ( approximately 89% ( 89 % ) and 93% ( 93 % ) as of december 31 , 2013 and 2012 , respectively ) bears interest at fixed rates . we do have debt with variable interest rates , but a 10% ( 10 % ) increase or decrease in interest rates would not be material to our interest expense or cash flows . the fair market value of our debt is sensitive to changes in interest rates , and the impact of a 10% ( 10 % ) change in interest rates is summarized below . increase/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates . <table class='wikitable'><tr><td>1</td><td>as of december 31,</td><td>increase/ ( decrease ) in fair market value 10% ( 10 % ) increasein interest rates</td><td>increase/ ( decrease ) in fair market value 10% ( 10 % ) decreasein interest rates</td></tr><tr><td>2</td><td>2013</td><td>$ -26.9 ( 26.9 )</td><td>$ 27.9</td></tr><tr><td>3</td><td>2012</td><td>-27.5 ( 27.5 )</td><td>28.4</td></tr></table> we have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates . we do not have any interest rate swaps outstanding as of december 31 , 2013 . we had $ 1642.1 of cash , cash equivalents and marketable securities as of december 31 , 2013 that we generally invest in conservative , short-term bank deposits or securities . the interest income generated from these investments is subject to both domestic and foreign interest rate movements . during 2013 and 2012 , we had interest income of $ 24.7 and $ 29.5 , respectively . based on our 2013 results , a 100-basis-point increase or decrease in interest rates would affect our interest income by approximately $ 16.4 , assuming that all cash , cash equivalents and marketable securities are impacted in the same manner and balances remain constant from year-end 2013 levels . foreign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates . since we report revenues and expenses in u.s . dollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s . dollars ) from foreign operations . the primary foreign currencies that impacted our results during 2013 were the australian dollar , brazilian real , euro , japanese yen and the south african rand . based on 2013 exchange rates and operating results , if the u.s . dollar were to strengthen or weaken by 10% ( 10 % ) , we currently estimate operating income would decrease or increase between 3% ( 3 % ) and 4% ( 4 % ) , assuming that all currencies are impacted in the same manner and our international revenue and expenses remain constant at 2013 levels . the functional currency of our foreign operations is generally their respective local currency . assets and liabilities are translated at the exchange rates in effect at the balance sheet date , and revenues and expenses are translated at the average exchange rates during the period presented . the resulting translation adjustments are recorded as a component of accumulated other comprehensive loss , net of tax , in the stockholders 2019 equity section of our consolidated balance sheets . our foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk . however , certain subsidiaries may enter into transactions in currencies other than their functional currency . assets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement . currency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses . we have not entered into a material amount of foreign currency forward exchange contracts or other derivative financial instruments to hedge the effects of potential adverse fluctuations in foreign currency exchange rates. .\nQuestion: what was the net amount received from increasing and decreasing interest rates?\nAnswer: 1.0\nQuestion: and including interest income?\nAnswer: 25.7\nQuestion: how much would the interest income increase with a 100bp increase in interest rates?\n" }, { "role": "agent", "content": "41.1" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nkimco realty corporation and subsidiaries job title kimco realty ar revision 6 serial date / time tuesday , april 03 , 2007 /10:32 pm job number 142704 type current page no . 65 operator pm2 <12345678> at december 31 , 2006 and 2005 , the company 2019s net invest- ment in the leveraged lease consisted of the following ( in mil- lions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>remaining net rentals</td><td>$ 62.3</td><td>$ 68.9</td></tr><tr><td>3</td><td>estimated unguaranteed residual value</td><td>40.5</td><td>43.8</td></tr><tr><td>4</td><td>non-recourse mortgage debt</td><td>-48.4 ( 48.4 )</td><td>-52.8 ( 52.8 )</td></tr><tr><td>5</td><td>unearned and deferred income</td><td>-50.7 ( 50.7 )</td><td>-55.9 ( 55.9 )</td></tr><tr><td>6</td><td>net investment in leveraged lease</td><td>$ 3.7</td><td>$ 4.0</td></tr></table> 9 . mortgages and other financing receivables : during january 2006 , the company provided approximately $ 16.0 million as its share of a $ 50.0 million junior participation in a $ 700.0 million first mortgage loan , in connection with a private investment firm 2019s acquisition of a retailer . this loan participation bore interest at libor plus 7.75% ( 7.75 % ) per annum and had a two-year term with a one-year extension option and was collateralized by certain real estate interests of the retailer . during june 2006 , the borrower elected to pre-pay the outstanding loan balance of approximately $ 16.0 million in full satisfaction of this loan . additionally , during january 2006 , the company provided approximately $ 5.2 million as its share of an $ 11.5 million term loan to a real estate developer for the acquisition of a 59 acre land parcel located in san antonio , tx . this loan is interest only at a fixed rate of 11.0% ( 11.0 % ) for a term of two years payable monthly and collateralized by a first mortgage on the subject property . as of december 31 , 2006 , the outstanding balance on this loan was approximately $ 5.2 million . during february 2006 , the company committed to provide a one year $ 17.2 million credit facility at a fixed rate of 8.0% ( 8.0 % ) for a term of nine months and 9.0% ( 9.0 % ) for the remaining term to a real estate investor for the recapitalization of a discount and entertain- ment mall that it currently owns . during 2006 , this facility was fully paid and was terminated . during april 2006 , the company provided two separate mortgages aggregating $ 14.5 million on a property owned by a real estate investor . proceeds were used to payoff the existing first mortgage , buyout the existing partner and for redevelopment of the property . the mortgages bear interest at 8.0% ( 8.0 % ) per annum and mature in 2008 and 2013 . these mortgages are collateralized by the subject property . as of december 31 , 2006 , the aggregate outstanding balance on these mortgages was approximately $ 15.0 million , including $ 0.5 million of accrued interest . during may 2006 , the company provided a cad $ 23.5 million collateralized credit facility at a fixed rate of 8.5% ( 8.5 % ) per annum for a term of two years to a real estate company for the execution of its property acquisitions program . the credit facility is guaranteed by the real estate company . the company was issued 9811 units , valued at approximately usd $ 0.1 million , and warrants to purchase up to 0.1 million shares of the real estate company as a loan origination fee . during august 2006 , the company increased the credit facility to cad $ 45.0 million and received an additional 9811 units , valued at approximately usd $ 0.1 million , and warrants to purchase up to 0.1 million shares of the real estate company . as of december 31 , 2006 , the outstand- ing balance on this credit facility was approximately cad $ 3.6 million ( approximately usd $ 3.1 million ) . during september 2005 , a newly formed joint venture , in which the company had an 80% ( 80 % ) interest , acquired a 90% ( 90 % ) interest in a $ 48.4 million mortgage receivable for a purchase price of approximately $ 34.2 million . this loan bore interest at a rate of three-month libor plus 2.75% ( 2.75 % ) per annum and was scheduled to mature on january 12 , 2010 . a 626-room hotel located in lake buena vista , fl collateralized the loan . the company had determined that this joint venture entity was a vie and had further determined that the company was the primary benefici- ary of this vie and had therefore consolidated it for financial reporting purposes . during march 2006 , the joint venture acquired the remaining 10% ( 10 % ) of this mortgage receivable for a purchase price of approximately $ 3.8 million . during june 2006 , the joint venture accepted a pre-payment of approximately $ 45.2 million from the borrower as full satisfaction of this loan . during august 2006 , the company provided $ 8.8 million as its share of a $ 13.2 million 12-month term loan to a retailer for general corporate purposes . this loan bears interest at a fixed rate of 12.50% ( 12.50 % ) with interest payable monthly and a balloon payment for the principal balance at maturity . the loan is collateralized by the underlying real estate of the retailer . additionally , the company funded $ 13.3 million as its share of a $ 20.0 million revolving debtor-in-possession facility to this retailer . the facility bears interest at libor plus 3.00% ( 3.00 % ) and has an unused line fee of 0.375% ( 0.375 % ) . this credit facility is collateralized by a first priority lien on all the retailer 2019s assets . as of december 31 , 2006 , the compa- ny 2019s share of the outstanding balance on this loan and credit facility was approximately $ 7.6 million and $ 4.9 million , respec- tively . during september 2006 , the company provided a mxp 57.3 million ( approximately usd $ 5.3 million ) loan to an owner of an operating property in mexico . the loan , which is collateralized by the property , bears interest at 12.0% ( 12.0 % ) per annum and matures in 2016 . the company is entitled to a participation feature of 25% ( 25 % ) of annual cash flows after debt service and 20% ( 20 % ) of the gain on sale of the property . as of december 31 , 2006 , the outstand- ing balance on this loan was approximately mxp 57.8 million ( approximately usd $ 5.3 million ) . during november 2006 , the company committed to provide a mxp 124.8 million ( approximately usd $ 11.5 million ) loan to an owner of a land parcel in acapulco , mexico . the loan , which is collateralized with an operating property owned by the bor- rower , bears interest at 10% ( 10 % ) per annum and matures in 2016 . the company is entitled to a participation feature of 20% ( 20 % ) of excess cash flows and gains on sale of the property . as of decem- ber 31 , 2006 , the outstanding balance on this loan was mxp 12.8 million ( approximately usd $ 1.2 million ) . .\nQuestion: as of december 31, 2006, how much did the cad amount of the outstanding balance on the credit facility represent in relation to its equivalent in usd?\nAnswer: 1.16129\nQuestion: and during may of that year, what was the amount of the collateralized credit facility provided by the company, in millions of cad?\n" }, { "role": "agent", "content": "23.5" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnews corporation notes to the consolidated financial statements as of june 30 , 2016 , the company had income tax net operating loss carryforwards ( nols ) ( gross , net of uncertain tax benefits ) , in various jurisdictions as follows : jurisdiction expiration amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>jurisdiction</td><td>expiration</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>u.s . federal</td><td>2021 to 2036</td><td>$ 858</td></tr><tr><td>3</td><td>u.s . states</td><td>various</td><td>581</td></tr><tr><td>4</td><td>australia</td><td>indefinite</td><td>452</td></tr><tr><td>5</td><td>u.k .</td><td>indefinite</td><td>134</td></tr><tr><td>6</td><td>other foreign</td><td>various</td><td>346</td></tr></table> utilization of the nols is dependent on generating sufficient taxable income from our operations in each of the respective jurisdictions to which the nols relate , while taking into account limitations and/or restrictions on our ability to use them . certain of our u.s . federal nols were acquired as part of the acquisitions of move and harlequin and are subject to limitations as promulgated under section 382 of the code . section 382 of the code limits the amount of acquired nols that we can use on an annual basis to offset future u.s . consolidated taxable income . the nols are also subject to review by relevant tax authorities in the jurisdictions to which they relate . the company recorded a deferred tax asset of $ 580 million and $ 540 million ( net of approximately $ 53 million and $ 95 million , respectively , of unrecognized tax benefits ) associated with its nols as of june 30 , 2016 and 2015 , respectively . significant judgment is applied in assessing our ability to realize our nols and other tax assets . management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to utilize existing deferred tax assets within the applicable expiration period . on the basis of this evaluation , valuation allowances of $ 97 million and $ 304 million have been established to reduce the deferred tax asset associated with the company 2019s nols to an amount that will more likely than not be realized as of june 30 , 2016 and 2015 , respectively . the amount of the nol deferred tax asset considered realizable , however , could be adjusted if estimates of future taxable income during the carryforward period are reduced or if objective negative evidence in the form of cumulative losses occurs . as of june 30 , 2016 , the company had approximately $ 1.6 billion and $ 1.7 billion of capital loss carryforwards in australia and the u.k. , respectively , which may be carried forward indefinitely and which are subject to tax authority review . realization of our capital losses is dependent on generating capital gain taxable income and satisfying certain continuity of business requirements . the company recorded a deferred tax asset of $ 803 million and $ 892 million as of june 30 , 2016 and 2015 , respectively for these capital loss carryforwards , however , it is more likely than not that the company will not generate capital gain income in the normal course of business in these jurisdictions . accordingly , valuation allowances of $ 803 million and $ 892 million have been established to reduce the capital loss carryforward deferred tax asset to an amount that will more likely than not be realized as of june 30 , 2016 and 2015 , respectively . as of june 30 , 2016 , the company had approximately $ 26 million of u.s . federal tax credit carryforward which includes $ 22 million of foreign tax credits and $ 4 million of research & development credits which begin to expire in 2025 and 2036 , respectively . as of june 30 , 2016 , the company had approximately $ 5 million of non-u.s . tax credit carryforwards which expire in various amounts beginning in 2025 and $ 8 million of state tax credit carryforwards ( net of u.s . federal benefit ) , of which the balance can be carried forward indefinitely . in accordance with the company 2019s accounting policy , a valuation allowance of $ 5 million has been established to reduce the deferred tax asset associated with the company 2019s non-u.s . and state credit carryforwards to an amount that will more likely than not be realized as of june 30 , 2016. .\nQuestion: what was the change in the company recorded deferred tax asset associated with its nols from 2015 to 2016?\n" }, { "role": "agent", "content": "40.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7 . management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe . our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis . 2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil . 2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g . certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business . these statements typically contain words such as \"anticipates\" \"believes\" \"estimates\" \"expects\" \"targets\" \"plans\" \"projects\" \"could\" \"may\" \"should\" \"would\" or similar words indicating that future outcomes are uncertain . in accordance with \"safe harbor\" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements . for additional risk factors affecting our business , see item 1a . risk factors in this annual report on form 10-k . management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 . business , item 1a . risk factors and item 8 . financial statements and supplementary data found in this annual report on form 10-k . spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc . marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held . a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off . activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 . financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) . overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows . the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 94.15</td><td>$ 95.11</td><td>$ 79.61</td></tr><tr><td>3</td><td>brent ( europe ) crude oil ( dollars per bbl )</td><td>$ 111.65</td><td>$ 111.26</td><td>$ 79.51</td></tr><tr><td>4</td><td>henry hub natural gas ( dollars per mmbtu ) ( a )</td><td>$ 2.79</td><td>$ 4.04</td><td>$ 4.39</td></tr></table> henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average . liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 . in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti . the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s . liquid hydrocarbon realizations to differ from the wti benchmark . in 2012 , 2011 and 2010 , the percentage of our u.s . crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent . sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti . the percentage of our u.s . crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines . in recent years , crude oil sold along the u.s . gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti . ngls were 10 percent , 7 percent and 6 percent of our u.s . liquid hydrocarbon sales in 2012 , 2011 and 2010 . in 2012 , our sales of ngls increased due to our development of u.s . unconventional liquids-rich plays. .\nQuestion: what was the change in the percentage of crude oil and condensate production that was sour between 2011 and 2012?\nAnswer: -21.0\nQuestion: what was the change in the price of brent crude oil between 2010 and 2012?\n" }, { "role": "agent", "content": "32.14" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmorgan stanley notes to consolidated financial statements 2014 ( continued ) lending commitments . primary lending commitments are those that are originated by the company whereas secondary lending commitments are purchased from third parties in the market . the commitments include lending commitments that are made to investment grade and non-investment grade companies in connection with corporate lending and other business activities . commitments for secured lending transactions . secured lending commitments are extended by the company to companies and are secured by real estate or other physical assets of the borrower . loans made under these arrangements typically are at variable rates and generally provide for over-collateralization based upon the creditworthiness of the borrower . forward starting reverse repurchase agreements . the company has entered into forward starting securities purchased under agreements to resell ( agreements that have a trade date at or prior to december 31 , 2013 and settle subsequent to period-end ) that are primarily secured by collateral from u.s . government agency securities and other sovereign government obligations . commercial and residential mortgage-related commitments . the company enters into forward purchase contracts involving residential mortgage loans , residential mortgage lending commitments to individuals and residential home equity lines of credit . in addition , the company enters into commitments to originate commercial and residential mortgage loans . underwriting commitments . the company provides underwriting commitments in connection with its capital raising sources to a diverse group of corporate and other institutional clients . other lending commitments . other commitments generally include commercial lending commitments to small businesses and commitments related to securities-based lending activities in connection with the company 2019s wealth management business segment . the company sponsors several non-consolidated investment funds for third-party investors where the company typically acts as general partner of , and investment advisor to , these funds and typically commits to invest a minority of the capital of such funds , with subscribing third-party investors contributing the majority . the company 2019s employees , including its senior officers , as well as the company 2019s directors , may participate on the same terms and conditions as other investors in certain of these funds that the company forms primarily for client investment , except that the company may waive or lower applicable fees and charges for its employees . the company has contractual capital commitments , guarantees , lending facilities and counterparty arrangements with respect to these investment funds . premises and equipment . the company has non-cancelable operating leases covering premises and equipment ( excluding commodities operating leases , shown separately ) . at december 31 , 2013 , future minimum rental commitments under such leases ( net of subleases , principally on office rentals ) were as follows ( dollars in millions ) : year ended operating premises leases . <table class='wikitable'><tr><td>1</td><td>year ended</td><td>operating premises leases</td></tr><tr><td>2</td><td>2014</td><td>$ 672</td></tr><tr><td>3</td><td>2015</td><td>656</td></tr><tr><td>4</td><td>2016</td><td>621</td></tr><tr><td>5</td><td>2017</td><td>554</td></tr><tr><td>6</td><td>2018</td><td>481</td></tr><tr><td>7</td><td>thereafter</td><td>2712</td></tr></table> .\nQuestion: what is the future minimum rental commitments for 2015?\nAnswer: 656.0\nQuestion: what about 2014?\nAnswer: 672.0\nQuestion: what is the difference?\n" }, { "role": "agent", "content": "-16.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents adobe inc . notes to consolidated financial statements ( continued ) the table below represents the preliminary purchase price allocation to the acquired net tangible and intangible assets of marketo based on their estimated fair values as of the acquisition date and the associated estimated useful lives at that date . the fair values assigned to assets acquired and liabilities assumed are based on management 2019s best estimates and assumptions as of the reporting date and are considered preliminary pending finalization of valuation analyses pertaining to intangible assets acquired , deferred revenue and tax liabilities assumed including the calculation of deferred tax assets and liabilities . ( in thousands ) amount weighted average useful life ( years ) . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>amount</td><td>weighted average useful life ( years )</td></tr><tr><td>2</td><td>customer contracts and relationships</td><td>$ 576900</td><td>11</td></tr><tr><td>3</td><td>purchased technology</td><td>444500</td><td>7</td></tr><tr><td>4</td><td>backlog</td><td>105800</td><td>2</td></tr><tr><td>5</td><td>non-competition agreements</td><td>12100</td><td>2</td></tr><tr><td>6</td><td>trademarks</td><td>328500</td><td>9</td></tr><tr><td>7</td><td>total identifiable intangible assets</td><td>1467800</td><td>-</td></tr><tr><td>8</td><td>net liabilities assumed</td><td>-191288 ( 191288 )</td><td>n/a</td></tr><tr><td>9</td><td>goodwill ( 1 )</td><td>3459751</td><td>n/a</td></tr><tr><td>10</td><td>total estimated purchase price</td><td>$ 4736263</td><td>-</td></tr></table> _________________________________________ ( 1 ) non-deductible for tax-purposes . identifiable intangible assets 2014customer relationships consist of marketo 2019s contractual relationships and customer loyalty related to their enterprise and commercial customers as well as technology partner relationships . the estimated fair value of the customer contracts and relationships was determined based on projected cash flows attributable to the asset . purchased technology acquired primarily consists of marketo 2019s cloud-based engagement marketing software platform . the estimated fair value of the purchased technology was determined based on the expected future cost savings resulting from ownership of the asset . backlog relates to subscription contracts and professional services . non-compete agreements include agreements with key marketo employees that preclude them from competing against marketo for a period of two years from the acquisition date . trademarks include the marketo trade name , which is well known in the marketing ecosystem . we amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives . goodwill 2014approximately $ 3.46 billion has been allocated to goodwill , and has been allocated in full to the digital experience reportable segment . goodwill represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets . the factors that contributed to the recognition of goodwill included securing buyer-specific synergies that increase revenue and profits and are not otherwise available to a marketplace participant , acquiring a talented workforce and cost savings opportunities . net liabilities assumed 2014marketo 2019s tangible assets and liabilities as of october 31 , 2018 were reviewed and adjusted to their fair value as necessary . the net liabilities assumed included , among other items , $ 100.1 million in accrued expenses , $ 74.8 million in deferred revenue and $ 182.6 million in deferred tax liabilities , which were partially offset by $ 54.9 million in cash and cash equivalents and $ 72.4 million in trade receivables acquired . deferred revenue 2014included in net liabilities assumed is marketo 2019s deferred revenue which represents advance payments from customers related to subscription contracts and professional services . we estimated our obligation related to the deferred revenue using the cost build-up approach . the cost build-up approach determines fair value by estimating the direct and indirect costs related to supporting the obligation plus an assumed operating margin . the sum of the costs and assumed operating profit approximates , in theory , the amount that marketo would be required to pay a third party to assume the obligation . the estimated costs to fulfill the obligation were based on the near-term projected cost structure for subscription and professional services . as a result , we recorded an adjustment to reduce marketo 2019s carrying value of deferred revenue to $ 74.8 million , which represents our estimate of the fair value of the contractual obligations assumed based on a preliminary valuation. .\nQuestion: what was the amount from the total estimated purchase price of goodwill?\nAnswer: 3459751.0\nQuestion: and what was that purchase price?\n" }, { "role": "agent", "content": "4736263.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n32| | duke realty corporation annual report 2012 2022 in 2010 , we sold approximately 60 acres of land , in two separate transactions , which resulted in impairment charges of $ 9.8 million . these sales were opportunistic in nature and we had not identified or actively marketed this land for disposition , as it was previously intended to be held for development . general and administrative expenses general and administrative expenses increased from $ 41.3 million in 2010 to $ 43.1 million in 2011 . the following table sets forth the factors that led to the increase in general and administrative expenses from 2010 to 2011 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>general and administrative expenses - 2010</td><td>$ 41.3</td></tr><tr><td>2</td><td>increase to overall pool of overhead costs ( 1 )</td><td>5.7</td></tr><tr><td>3</td><td>increased absorption of costs by wholly-owned development and leasing activities ( 2 )</td><td>-3.7 ( 3.7 )</td></tr><tr><td>4</td><td>increased allocation of costs to service operations and rental operations</td><td>-0.2 ( 0.2 )</td></tr><tr><td>5</td><td>general and administrative expenses - 2011</td><td>$ 43.1</td></tr></table> interest expense interest expense from continuing operations increased from $ 186.4 million in 2010 to $ 220.5 million in 2011 . the increase was primarily a result of increased average outstanding debt during 2011 compared to 2010 , which was driven by our acquisition activities as well as other uses of capital . a $ 7.2 million decrease in the capitalization of interest costs , the result of developed properties no longer meeting the criteria for interest capitalization , also contributed to the increase in interest expense . gain ( loss ) on debt transactions there were no gains or losses on debt transactions during 2011 . during 2010 , through a cash tender offer and open market transactions , we repurchased certain of our outstanding series of unsecured notes scheduled to mature in 2011 and 2013 . in total , we paid $ 292.2 million for unsecured notes that had a face value of $ 279.9 million . we recognized a net loss on extinguishment of $ 16.3 million after considering the write-off of unamortized deferred financing costs , discounts and other accounting adjustments . acquisition-related activity during 2011 , we recognized approximately $ 2.3 million in acquisition costs , compared to $ 1.9 million of such costs in 2010 . during 2011 , we also recognized a $ 1.1 million gain related to the acquisition of a building from one of our 50%-owned unconsolidated joint ventures , compared to a $ 57.7 million gain in 2010 on the acquisition of our joint venture partner 2019s 50% ( 50 % ) interest in dugan . critical accounting policies the preparation of our consolidated financial statements in conformity with gaap requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period . our estimates , judgments and assumptions are inherently subjective and based on the existing business and market conditions , and are therefore continually evaluated based upon available information and experience . note 2 to the consolidated financial statements includes further discussion of our significant accounting policies . our management has assessed the accounting policies used in the preparation of our financial statements and discussed them with our audit committee and independent auditors . the following accounting policies are considered critical based upon materiality to the financial statements , degree of judgment involved in estimating reported amounts and sensitivity to changes in industry and economic conditions : ( 1 ) the increase to our overall pool of overhead costs from 2010 is largely due to increased severance pay related to overhead reductions that took place near the end of 2011 . ( 2 ) our total leasing activity increased and we also increased wholly owned development activities from 2010 . we capitalized $ 25.3 million and $ 10.4 million of our total overhead costs to leasing and development , respectively , for consolidated properties during 2011 , compared to capitalizing $ 23.5 million and $ 8.5 million of such costs , respectively , for 2010 . combined overhead costs capitalized to leasing and development totaled 20.6% ( 20.6 % ) and 19.1% ( 19.1 % ) of our overall pool of overhead costs for 2011 and 2010 , respectively. .\nQuestion: what was the g&a expense in 2011?\nAnswer: 43.1\nQuestion: what was it in 2010?\nAnswer: 41.3\nQuestion: what is the net change in value?\nAnswer: 1.8\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.04358" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincome taxes american water and its subsidiaries participate in a consolidated federal income tax return for u.s . tax purposes . members of the consolidated group are charged with the amount of federal income tax expense determined as if they filed separate returns . certain income and expense items are accounted for in different time periods for financial reporting than for income tax reporting purposes . the company provides deferred income taxes on the difference between the tax basis of assets and liabilities and the amounts at which they are carried in the financial statements . these deferred income taxes are based on the enacted tax rates expected to be in effect when these temporary differences are projected to reverse . in addition , the regulated utility subsidiaries recognize regulatory assets and liabilities for the effect on revenues expected to be realized as the tax effects of temporary differences , previously flowed through to customers , reverse . investment tax credits have been deferred by the regulated utility subsidiaries and are being amortized to income over the average estimated service lives of the related assets . the company recognizes accrued interest and penalties related to tax positions as a component of income tax expense and accounts for sales tax collected from customers and remitted to taxing authorities on a net basis . see note 13 2014income taxes . allowance for funds used during construction afudc is a non-cash credit to income with a corresponding charge to utility plant that represents the cost of borrowed funds or a return on equity funds devoted to plant under construction . the regulated utility subsidiaries record afudc to the extent permitted by the pucs . the portion of afudc attributable to borrowed funds is shown as a reduction of interest , net in the accompanying consolidated statements of operations . any portion of afudc attributable to equity funds would be included in other income ( expenses ) in the accompanying consolidated statements of operations . afudc is summarized in the following table for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>allowance for other funds used during construction</td><td>$ 19</td><td>$ 15</td><td>$ 13</td></tr><tr><td>3</td><td>allowance for borrowed funds used during construction</td><td>8</td><td>6</td><td>8</td></tr></table> environmental costs the company 2019s water and wastewater operations and the operations of its market-based businesses are subject to u.s . federal , state , local and foreign requirements relating to environmental protection , and as such , the company periodically becomes subject to environmental claims in the normal course of business . environmental expenditures that relate to current operations or provide a future benefit are expensed or capitalized as appropriate . remediation costs that relate to an existing condition caused by past operations are accrued , on an undiscounted basis , when it is probable that these costs will be incurred and can be reasonably estimated . a conservation agreement entered into by a subsidiary of the company with the national oceanic and atmospheric administration in 2010 and amended in 2017 required the company to , among other provisions , implement certain measures to protect the steelhead trout and its habitat in the carmel river watershed in the state of california . the company agreed to pay $ 1 million annually commencing in 2010 with the final payment being made in 2021 . remediation costs accrued amounted to $ 6 million and less than $ 1 million as of december 31 , 2017 and 2016 , respectively . derivative financial instruments the company uses derivative financial instruments for purposes of hedging exposures to fluctuations in interest rates . these derivative contracts are entered into for periods consistent with the related underlying .\nQuestion: what is the sum of allowance for other funds used during construction and allowance for borrowed funds used during construction in 2016?\nAnswer: 21.0\nQuestion: how about the allowance for other funds used during construction in 2016?\nAnswer: 15.0\nQuestion: and allowance for borrowed funds used during construction?\n" }, { "role": "agent", "content": "6.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guarantees of certain obligations of our subsidiaries relating principally to credit facilities , certain media payables and operating leases of certain subsidiaries . the amount of such parent company guarantees was $ 769.3 and $ 706.7 as of december 31 , 2009 and 2008 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2009 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 , 2009 . the estimated amounts listed would be paid in the event of exercise at the earliest exercise date . see note 6 for further information relating to the payment structure of our acquisitions . all payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revisions as the earn-out periods progress. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>deferred acquisition payments</td><td>$ 20.5</td><td>$ 34.8</td><td>$ 1.2</td><td>$ 1.1</td><td>$ 2.1</td><td>$ 0.3</td><td>$ 60.0</td></tr><tr><td>3</td><td>redeemable noncontrolling interests and call options with affiliates1</td><td>44.4</td><td>47.9</td><td>40.5</td><td>36.3</td><td>3.3</td><td>2014</td><td>172.4</td></tr><tr><td>4</td><td>total contingent acquisition payments</td><td>64.9</td><td>82.7</td><td>41.7</td><td>37.4</td><td>5.4</td><td>0.3</td><td>232.4</td></tr><tr><td>5</td><td>less : cash compensation expense included above</td><td>1.0</td><td>1.0</td><td>1.0</td><td>0.5</td><td>2014</td><td>2014</td><td>3.5</td></tr><tr><td>6</td><td>total</td><td>$ 63.9</td><td>$ 81.7</td><td>$ 40.7</td><td>$ 36.9</td><td>$ 5.4</td><td>$ 0.3</td><td>$ 228.9</td></tr></table> 1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions . in such instances , we have included the related estimated contingent acquisition obligation in the period when the earliest related option is exercisable . we have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2009 . as such , these estimated acquisition payments of $ 20.5 have been included within the total payments expected to be made in 2010 in the table and , if not made in 2010 , will continue to carry forward into 2011 or beyond until they are exercised or expire . redeemable noncontrolling interests are included in the table at current exercise price payable in cash , not at applicable redemption value in accordance with the authoritative guidance for classification and measurement of redeemable securities . legal matters we are involved in legal and administrative proceedings of various types . while any litigation contains an element of uncertainty , we do not believe that the outcome of such proceedings will have a material adverse effect on our financial condition , results of operations or cash flows . note 16 : recent accounting standards in december 2009 , the financial accounting standards board ( 201cfasb 201d ) amended authoritative guidance related to accounting for transfers and servicing of financial assets and extinguishments of liabilities . the guidance will be effective for the company beginning january 1 , 2010 . the guidance eliminates the concept of a qualifying special-purpose entity and changes the criteria for derecognizing financial assets . in addition , the guidance will require additional disclosures related to a company 2019s continued involvement with financial assets that have been transferred . we do not expect the adoption of this amended guidance to have a significant impact on our consolidated financial statements . in december 2009 , the fasb amended authoritative guidance for consolidating variable interest entities . the guidance will be effective for the company beginning january 1 , 2010 . specifically , the guidance revises factors that should be considered by a reporting entity when determining whether an entity that is insufficiently capitalized or is not controlled through voting ( or similar rights ) should be consolidated . this guidance also includes revised financial statement disclosures regarding the reporting entity 2019s involvement , including significant risk exposures as a result of that involvement , and the impact the relationship has on the reporting entity 2019s financial statements . we are currently evaluating the potential impact of the amended guidance on our consolidated financial statements. .\nQuestion: in 2010, what was the total of deferred acquisition payments?\nAnswer: 20.5\nQuestion: and what was the full amount of payments?\n" }, { "role": "agent", "content": "63.9" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n18 . allowance for credit losses . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008 ( 1 )</td><td>2007 ( 1 )</td></tr><tr><td>2</td><td>allowance for loan losses at beginning of year</td><td>$ 29616</td><td>$ 16117</td><td>$ 8940</td></tr><tr><td>3</td><td>gross credit losses</td><td>-32784 ( 32784 )</td><td>-20760 ( 20760 )</td><td>-11864 ( 11864 )</td></tr><tr><td>4</td><td>gross recoveries</td><td>2043</td><td>1749</td><td>1938</td></tr><tr><td>5</td><td>net credit ( losses ) recoveries ( ncls )</td><td>$ -30741 ( 30741 )</td><td>$ -19011 ( 19011 )</td><td>$ -9926 ( 9926 )</td></tr><tr><td>6</td><td>ncls</td><td>$ 30741</td><td>$ 19011</td><td>$ 9926</td></tr><tr><td>7</td><td>net reserve builds ( releases )</td><td>5741</td><td>11297</td><td>6550</td></tr><tr><td>8</td><td>net specific reserve builds ( releases )</td><td>2278</td><td>3366</td><td>356</td></tr><tr><td>9</td><td>total provision for credit losses</td><td>$ 38760</td><td>$ 33674</td><td>$ 16832</td></tr><tr><td>10</td><td>other net ( 2 )</td><td>-1602 ( 1602 )</td><td>-1164 ( 1164 )</td><td>271</td></tr><tr><td>11</td><td>allowance for loan losses at end of year</td><td>$ 36033</td><td>$ 29616</td><td>$ 16117</td></tr><tr><td>12</td><td>allowance for credit losses on unfunded lending commitments at beginning of year ( 3 )</td><td>$ 887</td><td>$ 1250</td><td>$ 1100</td></tr><tr><td>13</td><td>provision for unfunded lending commitments</td><td>244</td><td>-363 ( 363 )</td><td>150</td></tr><tr><td>14</td><td>allowance for credit losses on unfunded lending commitments at end of year ( 3 )</td><td>$ 1157</td><td>$ 887</td><td>$ 1250</td></tr><tr><td>15</td><td>total allowance for loans leases and unfunded lending commitments</td><td>$ 37190</td><td>$ 30503</td><td>$ 17367</td></tr></table> ( 1 ) reclassified to conform to the current period 2019s presentation . ( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s . real estate lending loans , and $ 562 million related to the transfer of the u.k . cards portfolio to held-for-sale . 2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions . 2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k . citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno . ( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .\nQuestion: what was the difference in the allowance for loan losses between 2008-09?\nAnswer: 13499.0\nQuestion: and as a percentage of the starting value?\n" }, { "role": "agent", "content": "0.83756" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe activity related to the restructuring liability for 2004 is as follows ( in thousands ) : non-operating items interest income increased $ 1.7 million to $ 12.0 million in 2005 from $ 10.3 million in 2004 . the increase was mainly the result of higher returns on invested funds . interest expense decreased $ 1.0 million , or 5% ( 5 % ) , to $ 17.3 million in 2005 from $ 18.3 million in 2004 as a result of the exchange of newly issued stock for a portion of our outstanding convertible debt in the second half of 2005 . in addition , as a result of the issuance during 2005 of common stock in exchange for convertible subordinated notes , we recorded a non- cash charge of $ 48.2 million . this charge related to the incremental shares issued in the transactions over the number of shares that would have been issued upon the conversion of the notes under their original terms . liquidity and capital resources we have incurred operating losses since our inception and historically have financed our operations principally through public and private offerings of our equity and debt securities , strategic collaborative agreements that include research and/or development funding , development milestones and royalties on the sales of products , investment income and proceeds from the issuance of stock under our employee benefit programs . at december 31 , 2006 , we had cash , cash equivalents and marketable securities of $ 761.8 million , which was an increase of $ 354.2 million from $ 407.5 million at december 31 , 2005 . the increase was primarily a result of : 2022 $ 313.7 million in net proceeds from our september 2006 public offering of common stock ; 2022 $ 165.0 million from an up-front payment we received in connection with signing the janssen agreement ; 2022 $ 52.4 million from the issuance of common stock under our employee benefit plans ; and 2022 $ 30.0 million from the sale of shares of altus pharmaceuticals inc . common stock and warrants to purchase altus common stock . these cash inflows were partially offset by the significant cash expenditures we made in 2006 related to research and development expenses and sales , general and administrative expenses . capital expenditures for property and equipment during 2006 were $ 32.4 million . at december 31 , 2006 , we had $ 42.1 million in aggregate principal amount of the 2007 notes and $ 59.6 million in aggregate principal amount of the 2011 notes outstanding . the 2007 notes are due in september 2007 and are convertible into common stock at the option of the holder at a price equal to $ 92.26 per share , subject to adjustment under certain circumstances . in february 2007 , we announced that we will redeem our 2011 notes on march 5 , 2007 . the 2011 notes are convertible into shares of our common stock at the option of the holder at a price equal to $ 14.94 per share . we expect the holders of the 2011 notes will elect to convert their notes into stock , in which case we will issue approximately 4.0 million . we will be required to repay any 2011 notes that are not converted at the rate of $ 1003.19 per $ 1000 principal amount , which includes principal and interest that will accrue to the redemption date . liability as of december 31 , payments in 2004 cash received from sublease , net of operating costs in 2004 additional charge in liability as of december 31 , lease restructuring liability and other operating lease liability $ 69526 $ ( 31550 ) $ 293 $ 17574 $ 55843 . <table class='wikitable'><tr><td>1</td><td>-</td><td>liability as of december 31 2003</td><td>cash payments in 2004</td><td>cash received from sublease net of operating costs in 2004</td><td>additional charge in 2004</td><td>liability as of december 31 2004</td></tr><tr><td>2</td><td>lease restructuring liability and other operating lease liability</td><td>$ 69526</td><td>$ -31550 ( 31550 )</td><td>$ 293</td><td>$ 17574</td><td>$ 55843</td></tr></table> the activity related to the restructuring liability for 2004 is as follows ( in thousands ) : non-operating items interest income increased $ 1.7 million to $ 12.0 million in 2005 from $ 10.3 million in 2004 . the increase was mainly the result of higher returns on invested funds . interest expense decreased $ 1.0 million , or 5% ( 5 % ) , to $ 17.3 million in 2005 from $ 18.3 million in 2004 as a result of the exchange of newly issued stock for a portion of our outstanding convertible debt in the second half of 2005 . in addition , as a result of the issuance during 2005 of common stock in exchange for convertible subordinated notes , we recorded a non- cash charge of $ 48.2 million . this charge related to the incremental shares issued in the transactions over the number of shares that would have been issued upon the conversion of the notes under their original terms . liquidity and capital resources we have incurred operating losses since our inception and historically have financed our operations principally through public and private offerings of our equity and debt securities , strategic collaborative agreements that include research and/or development funding , development milestones and royalties on the sales of products , investment income and proceeds from the issuance of stock under our employee benefit programs . at december 31 , 2006 , we had cash , cash equivalents and marketable securities of $ 761.8 million , which was an increase of $ 354.2 million from $ 407.5 million at december 31 , 2005 . the increase was primarily a result of : 2022 $ 313.7 million in net proceeds from our september 2006 public offering of common stock ; 2022 $ 165.0 million from an up-front payment we received in connection with signing the janssen agreement ; 2022 $ 52.4 million from the issuance of common stock under our employee benefit plans ; and 2022 $ 30.0 million from the sale of shares of altus pharmaceuticals inc . common stock and warrants to purchase altus common stock . these cash inflows were partially offset by the significant cash expenditures we made in 2006 related to research and development expenses and sales , general and administrative expenses . capital expenditures for property and equipment during 2006 were $ 32.4 million . at december 31 , 2006 , we had $ 42.1 million in aggregate principal amount of the 2007 notes and $ 59.6 million in aggregate principal amount of the 2011 notes outstanding . the 2007 notes are due in september 2007 and are convertible into common stock at the option of the holder at a price equal to $ 92.26 per share , subject to adjustment under certain circumstances . in february 2007 , we announced that we will redeem our 2011 notes on march 5 , 2007 . the 2011 notes are convertible into shares of our common stock at the option of the holder at a price equal to $ 14.94 per share . we expect the holders of the 2011 notes will elect to convert their notes into stock , in which case we will issue approximately 4.0 million . we will be required to repay any 2011 notes that are not converted at the rate of $ 1003.19 per $ 1000 principal amount , which includes principal and interest that will accrue to the redemption date . liability as of december 31 , payments in 2004 cash received from sublease , net of operating costs in 2004 additional charge in liability as of december 31 , lease restructuring liability and other operating lease liability $ 69526 $ ( 31550 ) $ 293 $ 17574 $ 55843 .\nQuestion: what was the difference in the total value of cash, cash equivalents, and marketable securities between 2005 and 2006?\nAnswer: 354.3\nQuestion: and the value for 2005 specifically?\nAnswer: 407.5\nQuestion: so what was the percentage change?\n" }, { "role": "agent", "content": "0.86945" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\naccounts receivable , net october 31 , 2006 october 31 , 2005 dollar change change . <table class='wikitable'><tr><td>1</td><td>october 31 2006</td><td>october 31 2005</td><td>dollar change</td><td>% ( % ) change</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>( dollars in millions )</td><td>-</td><td>-</td></tr><tr><td>3</td><td>$ 122.6</td><td>$ 100.2</td><td>$ 22.4</td><td>22% ( 22 % )</td></tr></table> the increase in accounts receivable was primarily due to the increased billings during the fiscal year ended october 31 , 2006 . days sales outstanding ( dso ) was 39 days at october 31 , 2006 and 36 days at october 31 , 2005 . our accounts receivable and dso are primarily driven by our billing and collections activities . net working capital working capital is comprised of current assets less current liabilities , as shown on our balance sheet . as of october 31 , 2006 , our working capital was $ 23.4 million , compared to $ 130.6 million as of october 31 , 2005 . the decrease in net working capital of $ 107.2 million was primarily due to ( 1 ) a decrease of $ 73.7 million in cash and cash equivalents ; ( 2 ) a decrease of current deferred tax assets of $ 83.2 million , primarily due to a tax accounting method change ; ( 3 ) a decrease in income taxes receivable of $ 5.8 million ; ( 4 ) an increase in income taxes payable of $ 21.5 million ; ( 5 ) an increase in deferred revenue of $ 29.9 million ; and ( 6 ) a net increase of $ 2.8 million in accounts payable and other liabilities which included a reclassification of debt of $ 7.5 million from long term to short term debt . this decrease was partially offset by ( 1 ) an increase in short-term investments of $ 59.9 million ; ( 2 ) an increase in prepaid and other assets of $ 27.4 million , which includes land of $ 23.4 million reclassified from property plant and equipment to asset held for sale within prepaid expense and other assets on our consolidated balance sheet ; and ( 3 ) an increase in accounts receivable of $ 22.4 million . other commitments 2014revolving credit facility on october 20 , 2006 , we entered into a five-year , $ 300.0 million senior unsecured revolving credit facility providing for loans to synopsys and certain of its foreign subsidiaries . the facility replaces our previous $ 250.0 million senior unsecured credit facility , which was terminated effective october 20 , 2006 . the amount of the facility may be increased by up to an additional $ 150.0 million through the fourth year of the facility . the facility contains financial covenants requiring us to maintain a minimum leverage ratio and specified levels of cash , as well as other non-financial covenants . the facility terminates on october 20 , 2011 . borrowings under the facility bear interest at the greater of the administrative agent 2019s prime rate or the federal funds rate plus 0.50% ( 0.50 % ) ; however , we have the option to pay interest based on the outstanding amount at eurodollar rates plus a spread between 0.50% ( 0.50 % ) and 0.70% ( 0.70 % ) based on a pricing grid tied to a financial covenant . in addition , commitment fees are payable on the facility at rates between 0.125% ( 0.125 % ) and 0.175% ( 0.175 % ) per year based on a pricing grid tied to a financial covenant . as of october 31 , 2006 we had no outstanding borrowings under this credit facility and were in compliance with all the covenants . we believe that our current cash , cash equivalents , short-term investments , cash generated from operations , and available credit under our credit facility will satisfy our business requirements for at least the next twelve months. .\nQuestion: what is the net change dso from 2005 to 2006?\nAnswer: 3.0\nQuestion: what is the working capital in 2006?\n" }, { "role": "agent", "content": "23.4" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nz i m m e r h o l d i n g s , i n c . a n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the company and implex had been operating since 2000 , the following table summarizes the estimated fair values relating to the development and distribution of reconstructive of the assets acquired and liabilities assumed at the date of implant and trauma products incorporating trabecular metal the implex acquisition : ( in millions ) technology . as ofthe merger agreement contains provisions for additional april 23 , 2004annual cash earn-out payments that are based on year-over- current assets $ 23.1year sales growth through 2006 of certain products that . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of april 23 2004</td></tr><tr><td>2</td><td>current assets</td><td>$ 23.1</td></tr><tr><td>3</td><td>property plant and equipment</td><td>4.5</td></tr><tr><td>4</td><td>intangible assets subject to amortization:</td><td>-</td></tr><tr><td>5</td><td>core technology ( 30 year useful life )</td><td>3.6</td></tr><tr><td>6</td><td>developed technology ( 30 year useful life )</td><td>103.9</td></tr><tr><td>7</td><td>other assets</td><td>14.4</td></tr><tr><td>8</td><td>goodwill</td><td>61.0</td></tr><tr><td>9</td><td>total assets acquired</td><td>210.5</td></tr><tr><td>10</td><td>current liabilities</td><td>14.1</td></tr><tr><td>11</td><td>deferred taxes</td><td>43.3</td></tr><tr><td>12</td><td>total liabilities assumed</td><td>57.4</td></tr><tr><td>13</td><td>net assets acquired</td><td>$ 153.1</td></tr></table> estimates total earn-out payments , including payments core technology ( 30 year useful life ) 3.6 already made , to be in a range from $ 120 to $ 160 million . developed technology ( 30 year useful life ) 103.9 other assets 14.4these earn-out payments represent contingent consideration goodwill 61.0and , in accordance with sfas no . 141 and eitf 95-8 2018 2018accounting for contingent consideration paid to the total assets acquired 210.5 shareholders of an acquired enterprise in a purchase current liabilities 14.1 deferred taxes 43.3business combination 2019 2019 , are recorded as an additional cost of the transaction upon resolution of the contingency and total liabilities assumed 57.4 therefore increase goodwill . net assets acquired $ 153.1the implex acquisition was accounted for under the purchase method of accounting pursuant to sfas no . 141 . 4 . change in accounting principle accordingly , implex results of operations have been included in the company 2019s consolidated results of operations instruments are hand held devices used by orthopaedic subsequent to april 23 , 2004 , and its respective assets and surgeons during total joint replacement and other surgical liabilities have been recorded at their estimated fair values in procedures . effective january 1 , 2003 , instruments are the company 2019s consolidated statement of financial position as recognized as long-lived assets and are included in property , of april 23 , 2004 , with the excess purchase price being plant and equipment . undeployed instruments are carried at allocated to goodwill . pro forma financial information has not cost , net of allowances for obsolescence . instruments in the been included as the acquisition did not have a material field are carried at cost less accumulated depreciation . impact upon the company 2019s financial position , results of depreciation is computed using the straight-line method operations or cash flows . based on average estimated useful lives , determined the company completed the preliminary purchase price principally in reference to associated product life cycles , allocation in accordance with u.s . generally accepted primarily five years . in accordance with sfas no . 144 , the accounting principles . the process included interviews with company reviews instruments for impairment whenever management , review of the economic and competitive events or changes in circumstances indicate that the carrying environment and examination of assets including historical value of an asset may not be recoverable . an impairment loss performance and future prospects . the preliminary purchase would be recognized when estimated future cash flows price allocation was based on information currently available relating to the asset are less than its carrying amount . to the company , and expectations and assumptions deemed depreciation of instruments is recognized as selling , general reasonable by the company 2019s management . no assurance can and administrative expense , consistent with the classification be given , however , that the underlying assumptions used to of instrument cost in periods prior to january 1 , 2003 . estimate expected technology based product revenues , prior to january 1 , 2003 , undeployed instruments were development costs or profitability , or the events associated carried as a prepaid expense at cost , net of allowances for with such technology , will occur as projected . the final obsolescence ( $ 54.8 million , net , at december 31 , 2002 ) , and purchase price allocation may vary from the preliminary recognized in selling , general and administrative expense in purchase price allocation . the final valuation and associated the year in which the instruments were placed into service . purchase price allocation is expected to be completed as the new method of accounting for instruments was adopted soon as possible , but no later than one year from the date of to recognize the cost of these important assets of the acquisition . to the extent that the estimates need to be company 2019s business within the consolidated balance sheet adjusted , the company will do so . and meaningfully allocate the cost of these assets over the periods benefited , typically five years . the effect of the change during the year ended december 31 , 2003 was to increase earnings before cumulative effect of change in accounting principle by $ 26.8 million ( $ 17.8 million net of tax ) , or $ 0.08 per diluted share . the cumulative effect adjustment of $ 55.1 million ( net of income taxes of $ 34.0 million ) to retroactively apply the .\nQuestion: what was the difference between total assets acquired and net assets acquired?\nAnswer: 57.4\nQuestion: so what was the percentage difference between these values?\n" }, { "role": "agent", "content": "0.37492" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n2007 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 . <table class='wikitable'><tr><td>1</td><td>( amounts in millions ) ad</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 93.0</td><td>$ 63.4</td></tr><tr><td>3</td><td>accounts receivable 2013 net of allowances</td><td>586.9</td><td>559.2</td></tr><tr><td>4</td><td>inventories</td><td>322.4</td><td>323.0</td></tr><tr><td>5</td><td>other current assets</td><td>185.1</td><td>167.6</td></tr><tr><td>6</td><td>total current assets</td><td>1187.4</td><td>1113.2</td></tr><tr><td>7</td><td>accounts payable</td><td>-171.6 ( 171.6 )</td><td>-178.8 ( 178.8 )</td></tr><tr><td>8</td><td>notes payable and current maturities of long-term debt</td><td>-15.9 ( 15.9 )</td><td>-43.6 ( 43.6 )</td></tr><tr><td>9</td><td>other current liabilities</td><td>-451.7 ( 451.7 )</td><td>-459.6 ( 459.6 )</td></tr><tr><td>10</td><td>total current liabilities</td><td>-639.2 ( 639.2 )</td><td>-682.0 ( 682.0 )</td></tr><tr><td>11</td><td>total working capital</td><td>$ 548.2</td><td>$ 431.2</td></tr></table> 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. .\nQuestion: what was the change in value of total current liabilities from 2006 to 2007?\n" }, { "role": "agent", "content": "-42.8" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nus in a position to handle demand changes . we will also continue utilizing industrial engineering techniques to improve productivity . 2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s . domestic demand , refining capacity , geopolitical events , weather conditions and other factors . to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts . 2022 capital plan 2013 in 2011 , we plan to make total capital investments of approximately $ 3.2 billion , including expenditures for positive train control ( ptc ) , which may be revised if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments . ( see further discussion in this item 7 under liquidity and capital resources 2013 capital plan. ) 2022 positive train control 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 250 million during 2011 on developing ptc . we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the federal railroad administration ( fra ) . this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other . during 2011 , we plan to begin testing the technology to evaluate its effectiveness . 2022 financial expectations 2013 we remain cautious about economic conditions , but anticipate volume to increase from 2010 levels . in addition , we expect volume , price , and productivity gains to offset expected higher costs for fuel , labor inflation , depreciation , casualty costs , and property taxes to drive operating ratio improvement . results of operations operating revenues millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2010</td><td>2009</td><td>2008</td><td>% ( % ) change 2010 v 2009</td><td>% ( % ) change 2009 v 2008</td></tr><tr><td>2</td><td>freight revenues</td><td>$ 16069</td><td>$ 13373</td><td>$ 17118</td><td>20% ( 20 % )</td><td>( 22 ) % ( % )</td></tr><tr><td>3</td><td>other revenues</td><td>896</td><td>770</td><td>852</td><td>16</td><td>-10 ( 10 )</td></tr><tr><td>4</td><td>total</td><td>$ 16965</td><td>$ 14143</td><td>$ 17970</td><td>20% ( 20 % )</td><td>( 21 ) % ( % )</td></tr></table> freight revenues are revenues generated by transporting freight or other materials from our six commodity groups . freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) . changes in price , traffic mix and fuel surcharges drive arc . we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments . we recognize freight revenues as freight moves from origin to destination . we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them . other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage . we recognize other revenues as we perform services or meet contractual obligations . freight revenues and volume levels for all six commodity groups increased during 2010 as a result of economic improvement in many market sectors . we experienced particularly strong volume growth in automotive , intermodal , and industrial products shipments . core pricing gains and higher fuel surcharges also increased freight revenues and drove a 6% ( 6 % ) improvement in arc . freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness . we experienced the largest volume declines in automotive and industrial .\nQuestion: what was operating revenue in 2010?\nAnswer: 16965.0\nQuestion: what was it in 2009?\nAnswer: 14143.0\nQuestion: what is the sum?\n" }, { "role": "agent", "content": "31108.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthird-party sales for the engineered products and solutions segment improved 7% ( 7 % ) in 2016 compared with 2015 , primarily attributable to higher third-party sales of the two acquired businesses ( $ 457 ) , primarily related to the aerospace end market , and increased demand from the industrial gas turbine end market , partially offset by lower volumes in the oil and gas end market and commercial transportation end market as well as pricing pressures in aerospace . third-party sales for this segment improved 27% ( 27 % ) in 2015 compared with 2014 , largely attributable to the third-party sales ( $ 1310 ) of the three acquired businesses ( see above ) , and higher volumes in this segment 2019s legacy businesses , both of which were primarily related to the aerospace end market . these positive impacts were slightly offset by unfavorable foreign currency movements , principally driven by a weaker euro . atoi for the engineered products and solutions segment increased $ 47 , or 8% ( 8 % ) , in 2016 compared with 2015 , primarily related to net productivity improvements across all businesses as well as the volume increase from both the rti acquisition and organic revenue growth , partially offset by a lower margin product mix and pricing pressures in the aerospace end market . atoi for this segment increased $ 16 , or 3% ( 3 % ) , in 2015 compared with 2014 , principally the result of net productivity improvements across most businesses , a positive contribution from acquisitions , and overall higher volumes in this segment 2019s legacy businesses . these positive impacts were partially offset by unfavorable price and product mix , higher costs related to growth projects , and net unfavorable foreign currency movements , primarily related to a weaker euro . in 2017 , demand in the commercial aerospace end market is expected to remain strong , driven by the ramp up of new aerospace engine platforms , somewhat offset by continued customer destocking and engine ramp-up challenges . demand in the defense end market is expected to grow due to the continuing ramp-up of certain aerospace programs . additionally , net productivity improvements are anticipated while pricing pressure across all markets is likely to continue . transportation and construction solutions . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>third-party sales</td><td>$ 1802</td><td>$ 1882</td><td>$ 2021</td></tr><tr><td>3</td><td>atoi</td><td>$ 176</td><td>$ 166</td><td>$ 180</td></tr></table> the transportation and construction solutions segment produces products that are used mostly in the nonresidential building and construction and commercial transportation end markets . such products include integrated aluminum structural systems , architectural extrusions , and forged aluminum commercial vehicle wheels , which are sold both directly to customers and through distributors . a small part of this segment also produces aluminum products for the industrial products end market . generally , the sales and costs and expenses of this segment are transacted in the local currency of the respective operations , which are primarily the u.s . dollar , the euro , and the brazilian real . third-party sales for the transportation and construction solutions segment decreased 4% ( 4 % ) in 2016 compared with 2015 , primarily driven by lower demand from the north american commercial transportation end market , which was partially offset by rising demand from the building and construction end market . third-party sales for this segment decreased 7% ( 7 % ) in 2015 compared with 2014 , primarily driven by unfavorable foreign currency movements , principally caused by a weaker euro and brazilian real , and lower volume related to the building and construction end market , somewhat offset by higher volume related to the commercial transportation end market . atoi for the transportation and construction solutions segment increased $ 10 , or 6% ( 6 % ) , in 2016 compared with 2015 , principally driven by net productivity improvements across all businesses and growth in the building and construction segment , partially offset by lower demand in the north american heavy duty truck and brazilian markets. .\nQuestion: what was the difference in third-party sales for engineered product between 2015 and 2016?\nAnswer: -80.0\nQuestion: and as a percentage of the original value?\n" }, { "role": "agent", "content": "-0.04251" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nhost hotels & resorts , inc. , host hotels & resorts , l.p. , and subsidiaries notes to consolidated financial statements 1 . summary of significant accounting policies description of business host hotels & resorts , inc . operates as a self-managed and self-administered real estate investment trust , or reit , with its operations conducted solely through host hotels & resorts , l.p . host hotels & resorts , l.p. , a delaware limited partnership , operates through an umbrella partnership structure , with host hotels & resorts , inc. , a maryland corporation , as its sole general partner . in the notes to the consolidated financial statements , we use the terms 201cwe 201d or 201cour 201d to refer to host hotels & resorts , inc . and host hotels & resorts , l.p . together , unless the context indicates otherwise . we also use the term 201chost inc . 201d to refer specifically to host hotels & resorts , inc . and the term 201chost l.p . 201d to refer specifically to host hotels & resorts , l.p . in cases where it is important to distinguish between host inc . and host l.p . host inc . holds approximately 99% ( 99 % ) of host l.p . 2019s partnership interests , or op units . consolidated portfolio as of december 31 , 2018 , the hotels in our consolidated portfolio are in the following countries: . <table class='wikitable'><tr><td>1</td><td>-</td><td>hotels</td></tr><tr><td>2</td><td>united states</td><td>88</td></tr><tr><td>3</td><td>brazil</td><td>3</td></tr><tr><td>4</td><td>canada</td><td>2</td></tr><tr><td>5</td><td>total</td><td>93</td></tr></table> basis of presentation and principles of consolidation the accompanying consolidated financial statements include the consolidated accounts of host inc. , host l.p . and their subsidiaries and controlled affiliates , including joint ventures and partnerships . we consolidate subsidiaries when we have the ability to control them . for the majority of our hotel and real estate investments , we consider those control rights to be ( i ) approval or amendment of developments plans , ( ii ) financing decisions , ( iii ) approval or amendments of operating budgets , and ( iv ) investment strategy decisions . we also evaluate our subsidiaries to determine if they are variable interest entities ( 201cvies 201d ) . if a subsidiary is a vie , it is subject to the consolidation framework specifically for vies . typically , the entity that has the power to direct the activities that most significantly impact economic performance consolidates the vie . we consider an entity to be a vie if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support . we review our subsidiaries and affiliates at least annually to determine if ( i ) they should be considered vies , and ( ii ) whether we should change our consolidation determination based on changes in the characteristics thereof . three partnerships are considered vie 2019s , as the general partner maintains control over the decisions that most significantly impact the partnerships . the first vie is the operating partnership , host l.p. , which is consolidated by host inc. , of which host inc . is the general partner and holds 99% ( 99 % ) of the limited partner interests . host inc . 2019s sole significant asset is its investment in host l.p . and substantially all of host inc . 2019s assets and liabilities represent assets and liabilities of host l.p . all of host inc . 2019s debt is an obligation of host l.p . and may be settled only with assets of host l.p . the consolidated partnership that owns the houston airport marriott at george bush intercontinental , of which we are the general partner and hold 85% ( 85 % ) of the partnership interests , also is a vie . the total assets of this vie at december 31 , 2018 are $ 48 million and consist primarily of cash and .\nQuestion: what is the total of hotel properties in brazil?\nAnswer: 2.0\nQuestion: and what is it in canada?\nAnswer: 3.0\nQuestion: what is, then, the combined total of hotel properties in the two countries?\nAnswer: 5.0\nQuestion: what is the total of hotel properties in the us?\nAnswer: 93.0\nQuestion: and how much does this us total represent in relation to that combined total, in percentage?\n" }, { "role": "agent", "content": "0.05376" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincreased over 4% ( 4 % ) in 2005 , costs for trucking services provided by intermodal carriers remained flat as we substantially reduced expenses associated with network inefficiencies . higher diesel fuel prices increased sales and use taxes in 2005 , which resulted in higher state and local taxes . other contract expenses for equipment maintenance and other services increased in 2005 . the 2005 january west coast storm and hurricanes katrina and rita also contributed to higher expenses in 2005 ( net of insurance settlements received ) . partially offsetting these increases was a reduction in relocation expenses as we incurred higher relocation costs associated with moving support personnel to omaha , nebraska during 2004 . non-operating items millions of dollars 2006 2005 2004 % ( % ) change 2006 v 2005 % ( % ) change 2005 v 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td><td>% ( % ) change 2006 v 2005</td><td>% ( % ) change 2005 v 2004</td></tr><tr><td>2</td><td>other income</td><td>$ 118</td><td>$ 145</td><td>$ 88</td><td>( 19 ) % ( % )</td><td>65% ( 65 % )</td></tr><tr><td>3</td><td>interest expense</td><td>-477 ( 477 )</td><td>-504 ( 504 )</td><td>-527 ( 527 )</td><td>-5 ( 5 )</td><td>-4 ( 4 )</td></tr><tr><td>4</td><td>income taxes</td><td>-919 ( 919 )</td><td>-410 ( 410 )</td><td>-252 ( 252 )</td><td>124</td><td>63</td></tr></table> other income 2013 lower net gains from non-operating asset sales and higher expenses due to rising interest rates associated with our sale of receivables program resulted in a reduction in other income in 2006 , which was partially offset by higher rental income for the use of our right-of-way ( including 2006 settlements of rate disputes from prior years ) and cash investment returns due to higher interest rates . in 2005 , other income increased largely as a result of higher gains from real estate sales partially offset by higher expenses due to rising interest rates associated with our sale of receivables program . interest expense 2013 lower interest expense in 2006 and 2005 was primarily due to declining weighted-average debt levels of $ 7.1 billion , $ 7.8 billion , and $ 8.1 billion in 2006 , 2005 , and 2004 , respectively . a higher effective interest rate of 6.7% ( 6.7 % ) in 2006 , compared to 6.5% ( 6.5 % ) in both 2005 and 2004 , partially offset the effects of the declining debt level . income taxes 2013 income tax expense was $ 509 million higher in 2006 than 2005 . higher pre-tax income resulted in additional taxes of $ 414 million and $ 118 million of the increase resulted from the one-time reduction in 2005 described below . our effective tax rate was 36.4% ( 36.4 % ) and 28.6% ( 28.6 % ) in 2006 and 2005 , respectively . income taxes were greater in 2005 than 2004 due to higher pre-tax income partially offset by a previously reported reduction in income tax expense . in our quarterly report on form 10-q for the quarter ended june 30 , 2005 , we reported that the corporation analyzed the impact that final settlements of pre-1995 tax years had on previously recorded estimates of deferred tax assets and liabilities . the completed analysis of the final settlements for pre-1995 tax years , along with internal revenue service examination reports for tax years 1995 through 2002 were considered , among other things , in a review and re-evaluation of the corporation 2019s estimated deferred tax assets and liabilities as of september 30 , 2005 , resulting in an income tax expense reduction of $ 118 million in .\nQuestion: what is the other income in 2006?\nAnswer: 118.0\nQuestion: what about in 2005?\nAnswer: 145.0\nQuestion: what is the sum for these two years?\nAnswer: 263.0\nQuestion: what about in 2004?\nAnswer: 88.0\nQuestion: what is the total for three years?\n" }, { "role": "agent", "content": "351.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntransfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2014 to december 31 , 2014 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( or approximate dollar value ) of shares ( or units ) that mayyet be purchased under theplans or programs3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>5854930</td><td>$ 18.93</td><td>5849517</td><td>$ 159819370</td></tr><tr><td>3</td><td>november 1 - 30</td><td>4266</td><td>$ 20.29</td><td>2014</td><td>$ 159819370</td></tr><tr><td>4</td><td>december 1 - 31</td><td>826744</td><td>$ 19.67</td><td>826639</td><td>$ 143559758</td></tr><tr><td>5</td><td>total</td><td>6685940</td><td>$ 19.02</td><td>6676156</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 5413 withheld shares in october 2014 , 4266 withheld shares in november 2014 and 105 withheld shares in december 2014 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2014 , the board authorized a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2014 share repurchase program 201d ) . on february 13 , 2015 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining available for repurchase under the 2014 share repurchase program . there is no expiration date associated with the share repurchase programs. .\nQuestion: what portion of total stock repurchases occurred during october 2014?\nAnswer: 0.87571\nQuestion: what is the net change in the number of shares repurchased during october and november?\n" }, { "role": "agent", "content": "5850664.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfinancial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts . we satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets . the amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations . the financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill . generally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill . the amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s . gaap . the amount of the financial assurance requirements related to contract performance varies by contract . additionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations . we do not expect a material increase in financial assurance requirements during 2018 , although the mix of financial assurance instruments may change . these financial assurance instruments are issued in the normal course of business and are not considered indebtedness . because we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and insurance liabilities as they are incurred . off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and financial assurances , which are not classified as debt . we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations . we have not guaranteed any third-party debt . free cash flow we define free cash flow , which is not a measure determined in accordance with u.s . gaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment , as presented in our consolidated statements of cash flows . the following table calculates our free cash flow for the years ended december 31 , 2017 , 2016 and 2015 ( in millions of dollars ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 1910.7</td><td>$ 1847.8</td><td>$ 1679.7</td></tr><tr><td>3</td><td>purchases of property and equipment</td><td>-989.8 ( 989.8 )</td><td>-927.8 ( 927.8 )</td><td>-945.6 ( 945.6 )</td></tr><tr><td>4</td><td>proceeds from sales of property and equipment</td><td>6.1</td><td>9.8</td><td>21.2</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 927.0</td><td>$ 929.8</td><td>$ 755.3</td></tr></table> for a discussion of the changes in the components of free cash flow , see our discussion regarding cash flows provided by operating activities and cash flows used in investing activities contained elsewhere in this management 2019s discussion and analysis of financial condition and results of operations. .\nQuestion: what was the total free cash flow in 2016?\n" }, { "role": "agent", "content": "929.8" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents part ii , item 8 schlumberger limited ( schlumberger n.v. , incorporated in the netherlands antilles ) and subsidiary companies shares of common stock issued treasury shares outstanding . <table class='wikitable'><tr><td>1</td><td>-</td><td>issued</td><td>in treasury</td><td>shares outstanding</td></tr><tr><td>2</td><td>balance january 1 2001</td><td>667085793</td><td>-94361099 ( 94361099 )</td><td>572724694</td></tr><tr><td>3</td><td>employee stock purchase plan</td><td>2013</td><td>1752833</td><td>1752833</td></tr><tr><td>4</td><td>shares granted to directors</td><td>2013</td><td>4800</td><td>4800</td></tr><tr><td>5</td><td>shares sold to optionees</td><td>8385</td><td>1399686</td><td>1408071</td></tr><tr><td>6</td><td>balance december 31 2001</td><td>667094178</td><td>-91203780 ( 91203780 )</td><td>575890398</td></tr><tr><td>7</td><td>employee stock purchase plan</td><td>2013</td><td>2677842</td><td>2677842</td></tr><tr><td>8</td><td>shares granted to directors</td><td>2013</td><td>3500</td><td>3500</td></tr><tr><td>9</td><td>shares sold to optionees</td><td>10490</td><td>2243400</td><td>2253890</td></tr><tr><td>10</td><td>acquisition of technoguide</td><td>2013</td><td>1347485</td><td>1347485</td></tr><tr><td>11</td><td>balance december 31 2002</td><td>667104668</td><td>-84931553 ( 84931553 )</td><td>582173115</td></tr><tr><td>12</td><td>employee stock purchase plan</td><td>2013</td><td>2464088</td><td>2464088</td></tr><tr><td>13</td><td>shares granted to directors</td><td>2013</td><td>3500</td><td>3500</td></tr><tr><td>14</td><td>shares sold to optionees</td><td>1320</td><td>1306305</td><td>1307625</td></tr><tr><td>15</td><td>balance december 31 2003</td><td>667105988</td><td>-81157660 ( 81157660 )</td><td>585948328</td></tr></table> see the notes to consolidated financial statements 39 / slb 2003 form 10-k .\nQuestion: what were the number of shares issued to directors in 2001?\nAnswer: 4800.0\nQuestion: what was the number in 2002?\nAnswer: 3500.0\nQuestion: what is the sum number of shares?\nAnswer: 8300.0\nQuestion: what was the number of issued shares in 2003?\nAnswer: 3500.0\nQuestion: what is the total sum?\n" }, { "role": "agent", "content": "11800.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n18 . allowance for credit losses . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008 ( 1 )</td><td>2007 ( 1 )</td></tr><tr><td>2</td><td>allowance for loan losses at beginning of year</td><td>$ 29616</td><td>$ 16117</td><td>$ 8940</td></tr><tr><td>3</td><td>gross credit losses</td><td>-32784 ( 32784 )</td><td>-20760 ( 20760 )</td><td>-11864 ( 11864 )</td></tr><tr><td>4</td><td>gross recoveries</td><td>2043</td><td>1749</td><td>1938</td></tr><tr><td>5</td><td>net credit ( losses ) recoveries ( ncls )</td><td>$ -30741 ( 30741 )</td><td>$ -19011 ( 19011 )</td><td>$ -9926 ( 9926 )</td></tr><tr><td>6</td><td>ncls</td><td>$ 30741</td><td>$ 19011</td><td>$ 9926</td></tr><tr><td>7</td><td>net reserve builds ( releases )</td><td>5741</td><td>11297</td><td>6550</td></tr><tr><td>8</td><td>net specific reserve builds ( releases )</td><td>2278</td><td>3366</td><td>356</td></tr><tr><td>9</td><td>total provision for credit losses</td><td>$ 38760</td><td>$ 33674</td><td>$ 16832</td></tr><tr><td>10</td><td>other net ( 2 )</td><td>-1602 ( 1602 )</td><td>-1164 ( 1164 )</td><td>271</td></tr><tr><td>11</td><td>allowance for loan losses at end of year</td><td>$ 36033</td><td>$ 29616</td><td>$ 16117</td></tr><tr><td>12</td><td>allowance for credit losses on unfunded lending commitments at beginning of year ( 3 )</td><td>$ 887</td><td>$ 1250</td><td>$ 1100</td></tr><tr><td>13</td><td>provision for unfunded lending commitments</td><td>244</td><td>-363 ( 363 )</td><td>150</td></tr><tr><td>14</td><td>allowance for credit losses on unfunded lending commitments at end of year ( 3 )</td><td>$ 1157</td><td>$ 887</td><td>$ 1250</td></tr><tr><td>15</td><td>total allowance for loans leases and unfunded lending commitments</td><td>$ 37190</td><td>$ 30503</td><td>$ 17367</td></tr></table> ( 1 ) reclassified to conform to the current period 2019s presentation . ( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s . real estate lending loans , and $ 562 million related to the transfer of the u.k . cards portfolio to held-for-sale . 2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions . 2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k . citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno . ( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .\nQuestion: what is the net change in value of allowance for loan losses from 2007 to 2008?\nAnswer: 7177.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.8028" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndiscounted cash flow model ( dcf ) to estimate the current fair value of its reporting units when testing for impairment , as management believes forecasted cash flows are the best indicator of such fair value . a number of significant assumptions and estimates are involved in the application of the dcf model to forecast operating cash flows , including sales growth ( volumes and pricing ) , production costs , capital spending , and discount rate . most of these assumptions vary significantly among the reporting units . cash flow forecasts are generally based on approved business unit operating plans for the early years and historical relationships in later years . the wacc rate for the individual reporting units is estimated with the assistance of valuation experts . arconic would recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit 2019s fair value without exceeding the total amount of goodwill allocated to that reporting unit . in connection with the interim impairment evaluation of long-lived assets for the disks operations ( an asset group within the aen business unit ) in the second quarter of 2018 , which resulted from a decline in forecasted financial performance for the business in connection with its updated three-year strategic plan , the company also performed an interim impairment evaluation of goodwill for the aen reporting unit . the estimated fair value of the reporting unit was substantially in excess of the carrying value ; thus , there was no impairment of goodwill . goodwill impairment tests in 2017 and 2016 indicated that goodwill was not impaired for any of the company 2019s reporting units , except for the arconic forgings and extrusions ( afe ) business whose estimated fair value was lower than its carrying value . as such , arconic recorded an impairment for the full amount of goodwill in the afe reporting unit of $ 719 . the decrease in the afe fair value was primarily due to unfavorable performance that was impacting operating margins and a higher discount rate due to an increase in the risk-free rate of return , while the carrying value increased compared to prior year . other intangible assets . intangible assets with indefinite useful lives are not amortized while intangible assets with finite useful lives are amortized generally on a straight-line basis over the periods benefited . the following table details the weighted- average useful lives of software and other intangible assets by reporting segment ( numbers in years ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>software</td><td>other intangible assets</td></tr><tr><td>2</td><td>engineered products and solutions</td><td>5</td><td>33</td></tr><tr><td>3</td><td>global rolled products</td><td>5</td><td>9</td></tr><tr><td>4</td><td>transportation and construction solutions</td><td>5</td><td>16</td></tr></table> revenue recognition . the company's contracts with customers are comprised of acknowledged purchase orders incorporating the company 2019s standard terms and conditions , or for larger customers , may also generally include terms under negotiated multi-year agreements . these contracts with customers typically consist of the manufacture of products which represent single performance obligations that are satisfied upon transfer of control of the product to the customer . the company produces fastening systems ; seamless rolled rings ; investment castings , including airfoils and forged jet engine components ; extruded , machined and formed aircraft parts ; aluminum sheet and plate ; integrated aluminum structural systems ; architectural extrusions ; and forged aluminum commercial vehicle wheels . transfer of control is assessed based on alternative use of the products we produce and our enforceable right to payment for performance to date under the contract terms . transfer of control and revenue recognition generally occur upon shipment or delivery of the product , which is when title , ownership and risk of loss pass to the customer and is based on the applicable shipping terms . the shipping terms vary across all businesses and depend on the product , the country of origin , and the type of transportation ( truck , train , or vessel ) . an invoice for payment is issued at time of shipment . the company 2019s objective is to have net 30-day terms . our business units set commercial terms on which arconic sells products to its customers . these terms are influenced by industry custom , market conditions , product line ( specialty versus commodity products ) , and other considerations . in certain circumstances , arconic receives advanced payments from its customers for product to be delivered in future periods . these advanced payments are recorded as deferred revenue until the product is delivered and title and risk of loss have passed to the customer in accordance with the terms of the contract . deferred revenue is included in other current liabilities and other noncurrent liabilities and deferred credits on the accompanying consolidated balance sheet . environmental matters . expenditures for current operations are expensed or capitalized , as appropriate . expenditures relating to existing conditions caused by past operations , which will not contribute to future revenues , are expensed . liabilities are recorded when remediation costs are probable and can be reasonably estimated . the liability may include costs such as site investigations , consultant fees , feasibility studies , outside contractors , and monitoring expenses . estimates are generally not discounted or reduced by potential claims for recovery . claims for recovery are recognized when probable and as agreements are reached with third parties . the estimates also include costs related to other potentially responsible parties to the extent that arconic has reason to believe such parties will not fully pay their proportionate share . the liability is continuously reviewed and adjusted to reflect current remediation progress , prospective estimates of required activity , and other factors that may be relevant , including changes in technology or regulations . litigation matters . for asserted claims and assessments , liabilities are recorded when an unfavorable outcome of a matter is .\nQuestion: what is the weighted-average useful life of other intangible assets?\nAnswer: 33.0\nQuestion: and what was that for software?\n" }, { "role": "agent", "content": "5.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ninvestments prior to our acquisition of keystone on october 12 , 2007 , we held common shares of keystone , which were classified as an available-for-sale investment security . accordingly , the investment was included in other assets at its fair value , with the unrealized gain excluded from earnings and included in accumulated other comprehensive income , net of applicable taxes . upon our acquisition of keystone on october 12 , 2007 , the unrealized gain was removed from accumulated other comprehensive income , net of applicable taxes , and the original cost of the common shares was considered a component of the purchase price . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on current market conditions , our interest rate margins are below the rate available in the market , which causes the fair value of our debt to fall below the carrying value . the fair value of our term loans ( see note 6 , 201clong-term obligations 201d ) is approximately $ 570 million at december 31 , 2009 , as compared to the carrying value of $ 596 million . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market approach to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . the market approach utilizes available market information to estimate fair value . required fair value disclosures are included in note 8 , 201cfair value measurements . 201d accrued expenses we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of our property and casualty risk , which includes automobile liability , general liability , workers 2019 compensation and property under deductible insurance programs . the insurance premium costs are expensed over the contract periods . a reserve for liabilities associated with these losses is established for claims filed and claims incurred but not yet reported based upon our estimate of ultimate cost , which is calculated using analyses of historical data . we monitor new claims and claim development as well as trends related to the claims incurred but not reported in order to assess the adequacy of our insurance reserves . self-insurance reserves on the consolidated balance sheets are net of claims deposits of $ 0.7 million and $ 0.8 million , at december 31 , 2009 and 2008 , respectively . while we do not expect the amounts ultimately paid to differ significantly from our estimates , our insurance reserves and corresponding expenses could be affected if future claim experience differs significantly from historical trends and assumptions . product warranties some of our mechanical products are sold with a standard six-month warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2008</td><td>$ 580</td></tr><tr><td>2</td><td>warranty expense</td><td>3681</td></tr><tr><td>3</td><td>warranty claims</td><td>-3721 ( 3721 )</td></tr><tr><td>4</td><td>balance as of december 31 2008</td><td>540</td></tr><tr><td>5</td><td>warranty expense</td><td>5033</td></tr><tr><td>6</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>7</td><td>balance as of december 31 2009</td><td>$ 604</td></tr></table> .\nQuestion: what is the balance in the warranty reserves as of december 31, 2009?\nAnswer: 604.0\nQuestion: what about 2008?\n" }, { "role": "agent", "content": "540.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmarketing we are a supplier of gasoline and distillates to resellers and consumers within our market area in the midwest , upper great plains , gulf coast and southeastern regions of the united states . in 2007 , our refined products sales volumes totaled 21.6 billion gallons , or 1.410 mmbpd . the average sales price of our refined products in aggregate was $ 86.53 per barrel for 2007 . the following table sets forth our refined products sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2007 2006 2005 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>gasoline</td><td>791</td><td>804</td><td>836</td></tr><tr><td>3</td><td>distillates</td><td>377</td><td>375</td><td>385</td></tr><tr><td>4</td><td>propane</td><td>23</td><td>23</td><td>22</td></tr><tr><td>5</td><td>feedstocks and special products</td><td>103</td><td>106</td><td>96</td></tr><tr><td>6</td><td>heavy fuel oil</td><td>29</td><td>26</td><td>29</td></tr><tr><td>7</td><td>asphalt</td><td>87</td><td>91</td><td>87</td></tr><tr><td>8</td><td>total ( a )</td><td>1410</td><td>1425</td><td>1455</td></tr><tr><td>9</td><td>average sales price ( dollars per barrel )</td><td>$ 86.53</td><td>$ 77.76</td><td>$ 66.42</td></tr></table> total ( a ) 1410 1425 1455 average sales price ( dollars per barrel ) $ 86.53 $ 77.76 $ 66.42 ( a ) includes matching buy/sell volumes of 24 mbpd and 77 mbpd in 2006 and 2005 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined products sales volumes for 2007 and the remainder of 2006 than would have been reported under our previous accounting practices . see note 2 to the consolidated financial statements . the wholesale distribution of petroleum products to private brand marketers and to large commercial and industrial consumers and sales in the spot market accounted for 69 percent of our refined products sales volumes in 2007 . we sold 49 percent of our gasoline volumes and 89 percent of our distillates volumes on a wholesale or spot market basis . half of our propane is sold into the home heating market , with the balance being purchased by industrial consumers . propylene , cumene , aromatics , aliphatics and sulfur are domestically marketed to customers in the chemical industry . base lube oils , maleic anhydride , slack wax , extract and pitch are sold throughout the united states and canada , with pitch products also being exported worldwide . we market asphalt through owned and leased terminals throughout the midwest , upper great plains , gulf coast and southeastern regions of the united states . our customer base includes approximately 750 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers . we have blended ethanol with gasoline for over 15 years and increased our blending program in 2007 , in part due to renewable fuel mandates . we blended 41 mbpd of ethanol into gasoline in 2007 and 35 mbpd in both 2006 and 2005 . the future expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and changes in government regulations . we sell reformulated gasoline in parts of our marketing territory , primarily chicago , illinois ; louisville , kentucky ; northern kentucky ; milwaukee , wisconsin and hartford , illinois , and we sell low-vapor-pressure gasoline in nine states . we also sell biodiesel in minnesota , illinois and kentucky . as of december 31 , 2007 , we supplied petroleum products to about 4400 marathon branded-retail outlets located primarily in ohio , michigan , indiana , kentucky and illinois . branded retail outlets are also located in georgia , florida , minnesota , wisconsin , north carolina , tennessee , west virginia , virginia , south carolina , alabama , pennsylvania , and texas . sales to marathon-brand jobbers and dealers accounted for 16 percent of our refined product sales volumes in 2007 . speedway superamerica llc ( 201cssa 201d ) , our wholly-owned subsidiary , sells gasoline and diesel fuel primarily through retail outlets that we operate . sales of refined products through these ssa retail outlets accounted for 15 percent of our refined products sales volumes in 2007 . as of december 31 , 2007 , ssa had 1636 retail outlets in nine states that sold petroleum products and convenience store merchandise and services , primarily under the brand names 201cspeedway 201d and 201csuperamerica . 201d ssa 2019s revenues from the sale of non-petroleum merchandise totaled $ 2.796 billion in 2007 , compared with $ 2.706 billion in 2006 . profit levels from the sale of such merchandise and services tend to be less volatile than profit levels from the retail sale of gasoline and diesel fuel . ssa also operates 59 valvoline instant oil change retail outlets located in michigan and northwest ohio . pilot travel centers llc ( 201cptc 201d ) , our joint venture with pilot corporation ( 201cpilot 201d ) , is the largest operator of travel centers in the united states with 286 locations in 37 states and canada at december 31 , 2007 . the travel centers offer diesel fuel , gasoline and a variety of other services , including on-premises brand-name restaurants at many locations . pilot and marathon each own a 50 percent interest in ptc. .\nQuestion: what was the sum of propane production in 2006 and 2007?\n" }, { "role": "agent", "content": "46.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy arkansas , inc . management's financial discussion and analysis results of operations net income 2008 compared to 2007 net income decreased $ 92.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate , partially offset by higher net revenue . the higher other operation and maintenance expenses resulted primarily from the write-off of approximately $ 70.8 million of costs as a result of the december 2008 arkansas court of appeals decision in entergy arkansas' base rate case . the base rate case is discussed in more detail in note 2 to the financial statements . 2007 compared to 2006 net income decreased $ 34.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate . the decrease was partially offset by higher net revenue . net revenue 2008 compared to 2007 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 credits . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2007 net revenue</td><td>$ 1110.6</td></tr><tr><td>3</td><td>rider revenue</td><td>13.6</td></tr><tr><td>4</td><td>purchased power capacity</td><td>4.8</td></tr><tr><td>5</td><td>volume/weather</td><td>-14.6 ( 14.6 )</td></tr><tr><td>6</td><td>other</td><td>3.5</td></tr><tr><td>7</td><td>2008 net revenue</td><td>$ 1117.9</td></tr></table> the rider revenue variance is primarily due to an energy efficiency rider which became effective in november 2007 . the establishment of the rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense with no effect on net income . also contributing to the variance was an increase in franchise tax rider revenue as a result of higher retail revenues . the corresponding increase is in taxes other than income taxes , resulting in no effect on net income . the purchased power capacity variance is primarily due to lower reserve equalization expenses . the volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales during the billed and unbilled sales periods compared to 2007 and a 2.9% ( 2.9 % ) volume decrease in industrial sales , primarily in the wood industry and the small customer class . billed electricity usage decreased 333 gwh in all sectors . see \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues. .\nQuestion: what was the net revenue in 2007?\nAnswer: 1110.6\nQuestion: and in 2008?\nAnswer: 1117.9\nQuestion: so what was the difference between these two values?\nAnswer: -7.3\nQuestion: and the percentage change during this time?\n" }, { "role": "agent", "content": "-0.00653" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nproceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .\nQuestion: what is the principal amount for the 7.50% senior notes due 2012?\nAnswer: 225.0\nQuestion: what about the annual interest rate?\nAnswer: 0.075\nQuestion: what annual interest expense does this represent?\nAnswer: 16.875\nQuestion: what about the annual interest expense related to the 3.00% convertible notes due in 2012?\n" }, { "role": "agent", "content": "10.35" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) liquidity and capital resources 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 and collections of finance receivables , coupled with its sources of borrowings and available cash on hand , are sufficient to fund its currently anticipated requirements for scheduled debt payments ( including the march 2014 repayment of $ 100.0 million of 5.85% ( 5.85 % ) unsecured notes upon maturity ) , payments of interest and dividends , new receivables originated by our financial services businesses , capital expenditures , working capital , restructuring activities , the funding of pension plans , and funding for additional share repurchases and acquisitions , if any . due to snap-on 2019s credit rating over the years , external funds have been available at an acceptable cost . as of the close of business on february 7 , 2014 , snap-on 2019s long-term debt and commercial paper were rated , respectively , a3 and p-2 by moody 2019s investors service ; a- and a-2 by standard & poor 2019s ; and a- and f2 by fitch ratings . snap-on believes that its current credit arrangements are sound and that the strength of its balance sheet affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions . however , snap-on cannot provide any assurances of the availability of future financing or the terms on which it might be available , or that its debt ratings may not decrease . the following discussion focuses on information included in the accompanying consolidated balance sheets . as of 2013 year end , working capital ( current assets less current liabilities ) of $ 1080.8 million increased $ 1.0 million from $ 1079.8 million as of 2012 year end . the following represents the company 2019s working capital position as of 2013 and 2012 year end : ( amounts in millions ) 2013 2012 . <table class='wikitable'><tr><td>1</td><td>( amounts in millions )</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 217.6</td><td>$ 214.5</td></tr><tr><td>3</td><td>trade and other accounts receivable 2013 net</td><td>531.6</td><td>497.9</td></tr><tr><td>4</td><td>finance receivables 2013 net</td><td>374.6</td><td>323.1</td></tr><tr><td>5</td><td>contract receivables 2013 net</td><td>68.4</td><td>62.7</td></tr><tr><td>6</td><td>inventories 2013 net</td><td>434.4</td><td>404.2</td></tr><tr><td>7</td><td>other current assets</td><td>169.6</td><td>166.6</td></tr><tr><td>8</td><td>total current assets</td><td>1796.2</td><td>1669.0</td></tr><tr><td>9</td><td>notes payable and current maturities of long-term debt</td><td>-113.1 ( 113.1 )</td><td>-5.2 ( 5.2 )</td></tr><tr><td>10</td><td>accounts payable</td><td>-155.6 ( 155.6 )</td><td>-142.5 ( 142.5 )</td></tr><tr><td>11</td><td>other current liabilities</td><td>-446.7 ( 446.7 )</td><td>-441.5 ( 441.5 )</td></tr><tr><td>12</td><td>total current liabilities</td><td>-715.4 ( 715.4 )</td><td>-589.2 ( 589.2 )</td></tr><tr><td>13</td><td>working capital</td><td>$ 1080.8</td><td>$ 1079.8</td></tr></table> cash and cash equivalents of $ 217.6 million as of 2013 year end compared to cash and cash equivalents of $ 214.5 million at 2012 year end . the $ 3.1 million net increase in cash and cash equivalents includes the impacts of ( i ) $ 508.8 million of cash from collections of finance receivables ; ( ii ) $ 392.6 million of cash generated from operations , net of $ 24.3 million of discretionary cash contributions to the company 2019s pension plans ; ( iii ) $ 29.2 million of cash proceeds from stock purchase and option plan exercises ; and ( iv ) $ 8.4 million of cash proceeds from the sale of property and equipment . these increases in cash and cash equivalents were largely offset by ( i ) the funding of $ 651.3 million of new finance receivables ; ( ii ) dividend payments to shareholders of $ 92.0 million ; ( iii ) the repurchase of 926000 shares of the company 2019s common stock for $ 82.6 million ; ( iv ) the funding of $ 70.6 million of capital expenditures ; and ( v ) the may 2013 acquisition of challenger for a cash purchase price of $ 38.2 million . of the $ 217.6 million of cash and cash equivalents as of 2013 year end , $ 124.3 million was held outside of the united states . snap-on considers these non-u.s . funds as permanently invested in its foreign operations to ( i ) provide adequate working capital ; ( ii ) satisfy various regulatory requirements ; and/or ( iii ) take advantage of business expansion opportunities as they arise ; as such , the company does not presently expect to repatriate these funds to fund its u.s . operations or obligations . the repatriation of cash from certain foreign subsidiaries could have adverse net tax consequences on the company should snap-on be required to pay and record u.s . income taxes and foreign withholding taxes on funds that were previously considered permanently invested . alternatively , the repatriation of such cash from certain other foreign subsidiaries could result in favorable net tax consequences for the company . snap-on periodically evaluates opportunities to repatriate certain foreign cash amounts to the extent that it does not incur additional unfavorable net tax consequences . 46 snap-on incorporated .\nQuestion: what was the balance of inventories in 2013?\nAnswer: 434.4\nQuestion: what is the balance in 2012?\nAnswer: 404.2\nQuestion: what is the net change?\n" }, { "role": "agent", "content": "30.2" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.3 billion for 2013 , $ 2.1 billion for 2012 , and $ 2.2 billion for 2011 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2013 2012 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2013</td><td>dec . 312012</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 803</td><td>$ 825</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>491</td><td>368</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>385</td><td>376</td></tr><tr><td>5</td><td>dividends payable</td><td>356</td><td>318</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>207</td><td>213</td></tr><tr><td>7</td><td>interest payable</td><td>169</td><td>172</td></tr><tr><td>8</td><td>equipment rents payable</td><td>96</td><td>95</td></tr><tr><td>9</td><td>other</td><td>579</td><td>556</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 3086</td><td>$ 2923</td></tr></table> .\nQuestion: what was the net change in total expense for repairs and maintenance from 2011 to 2012?\nAnswer: -0.1\nQuestion: what is that change over the 2011 value?\n" }, { "role": "agent", "content": "-0.04545" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nadobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .\nQuestion: what was the gross amount of unrecognized tax benefits in 2012?\nAnswer: 160468.0\nQuestion: and what was it in 2011?\nAnswer: 163607.0\nQuestion: what was, then, the change over the year?\nAnswer: -3139.0\nQuestion: what was the gross amount of unrecognized tax benefits in 2011?\n" }, { "role": "agent", "content": "163607.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnote 17 . accumulated other comprehensive losses : pmi's accumulated other comprehensive losses , net of taxes , consisted of the following: . <table class='wikitable'><tr><td>1</td><td>( losses ) earnings ( in millions )</td><td>( losses ) earnings 2017</td><td>( losses ) earnings 2016</td><td>2015</td></tr><tr><td>2</td><td>currency translation adjustments</td><td>$ -5761 ( 5761 )</td><td>$ -6091 ( 6091 )</td><td>$ -6129 ( 6129 )</td></tr><tr><td>3</td><td>pension and other benefits</td><td>-2816 ( 2816 )</td><td>-3565 ( 3565 )</td><td>-3332 ( 3332 )</td></tr><tr><td>4</td><td>derivatives accounted for as hedges</td><td>42</td><td>97</td><td>59</td></tr><tr><td>5</td><td>total accumulated other comprehensive losses</td><td>$ -8535 ( 8535 )</td><td>$ -9559 ( 9559 )</td><td>$ -9402 ( 9402 )</td></tr></table> reclassifications from other comprehensive earnings the movements in accumulated other comprehensive losses and the related tax impact , for each of the components above , that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended december 31 , 2017 , 2016 , and 2015 . for the years ended december 31 , 2017 , 2016 , and 2015 , $ 2 million , $ ( 5 ) million and $ 1 million of net currency translation adjustment gains/ ( losses ) were transferred from other comprehensive earnings to marketing , administration and research costs in the consolidated statements of earnings , respectively , upon liquidation of subsidiaries . for additional information , see note 13 . benefit plans and note 15 . financial instruments for disclosures related to pmi's pension and other benefits and derivative financial instruments . note 18 . contingencies : tobacco-related litigation legal proceedings covering a wide range of matters are pending or threatened against us , and/or our subsidiaries , and/or our indemnitees in various jurisdictions . our indemnitees include distributors , licensees and others that have been named as parties in certain cases and that we have agreed to defend , as well as to pay costs and some or all of judgments , if any , that may be entered against them . pursuant to the terms of the distribution agreement between altria group , inc . ( \"altria\" ) and pmi , pmi will indemnify altria and philip morris usa inc . ( \"pm usa\" ) , a u.s . tobacco subsidiary of altria , for tobacco product claims based in substantial part on products manufactured by pmi or contract manufactured for pmi by pm usa , and pm usa will indemnify pmi for tobacco product claims based in substantial part on products manufactured by pm usa , excluding tobacco products contract manufactured for pmi . it is possible that there could be adverse developments in pending cases against us and our subsidiaries . an unfavorable outcome or settlement of pending tobacco-related litigation could encourage the commencement of additional litigation . damages claimed in some of the tobacco-related litigation are significant and , in certain cases in brazil , canada and nigeria , range into the billions of u.s . dollars . the variability in pleadings in multiple jurisdictions , together with the actual experience of management in litigating claims , demonstrate that the monetary relief that may be specified in a lawsuit bears little relevance to the ultimate outcome . much of the tobacco-related litigation is in its early stages , and litigation is subject to uncertainty . however , as discussed below , we have to date been largely successful in defending tobacco-related litigation . we and our subsidiaries record provisions in the consolidated financial statements for pending litigation when we determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated . at the present time , while it is reasonably possible that an unfavorable outcome in a case may occur , after assessing the information available to it ( i ) management has not concluded that it is probable that a loss has been incurred in any of the pending tobacco-related cases ; ( ii ) management is unable to estimate the possible loss or range of loss for any of the pending tobacco-related cases ; and ( iii ) accordingly , no estimated loss has been accrued in the consolidated financial statements for unfavorable outcomes in these cases , if any . legal defense costs are expensed as incurred. .\nQuestion: what is the adjustment in currency translation in 2017?\nAnswer: -5761.0\nQuestion: what about in 2016?\nAnswer: -6091.0\nQuestion: what is the net change in adjustments in currency translation from 2016 to 2017?\n" }, { "role": "agent", "content": "330.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options . shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/04</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 89.49</td><td>$ 91.06</td><td>$ 87.88</td><td>$ 70.48</td><td>$ 75.95</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100.00</td><td>$ 104.91</td><td>$ 121.48</td><td>$ 128.15</td><td>$ 80.74</td><td>$ 102.11</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 111.65</td><td>$ 122.61</td><td>$ 124.35</td><td>$ 97.72</td><td>$ 115.88</td></tr></table> .\nQuestion: what was the change in the performance of the united parcel service inc . from 2004 to 2009?\nAnswer: -24.05\nQuestion: and how much does this change represent in relation to that performance in 2004, in percentage?\nAnswer: -0.2405\nQuestion: what was the performance value of the s&p 500 index in 2009?\nAnswer: 102.11\nQuestion: what was, then, the change in that performance from 2004 to 2009?\nAnswer: 2.11\nQuestion: and how much does this change represent in relation to that performance in 2004, in percentage?\n" }, { "role": "agent", "content": "0.0211" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nrisks related to our common stock our stock price is extremely volatile . the trading price of our common stock has been extremely volatile and may continue to be volatile in the future . many factors could have an impact on our stock price , including fluctuations in our or our competitors 2019 operating results , clinical trial results or adverse events associated with our products , product development by us or our competitors , changes in laws , including healthcare , tax or intellectual property laws , intellectual property developments , changes in reimbursement or drug pricing , the existence or outcome of litigation or government proceedings , including the sec/doj investigation , failure to resolve , delays in resolving or other developments with respect to the issues raised in the warning letter , acquisitions or other strategic transactions , and the perceptions of our investors that we are not performing or meeting expectations . the trading price of the common stock of many biopharmaceutical companies , including ours , has experienced extreme price and volume fluctuations , which have at times been unrelated to the operating performance of the companies whose stocks were affected . anti-takeover provisions in our charter and bylaws and under delaware law could make a third-party acquisition of us difficult and may frustrate any attempt to remove or replace our current management . our corporate charter and by-law provisions may discourage certain types of transactions involving an actual or potential change of control that might be beneficial to us or our stockholders . our bylaws provide that special meetings of our stockholders may be called only by the chairman of the board , the president , the secretary , or a majority of the board of directors , or upon the written request of stockholders who together own of record 25% ( 25 % ) of the outstanding stock of all classes entitled to vote at such meeting . our bylaws also specify that the authorized number of directors may be changed only by resolution of the board of directors . our charter does not include a provision for cumulative voting for directors , which may have enabled a minority stockholder holding a sufficient percentage of a class of shares to elect one or more directors . under our charter , our board of directors has the authority , without further action by stockholders , to designate up to 5 shares of preferred stock in one or more series . the rights of the holders of common stock will be subject to , and may be adversely affected by , the rights of the holders of any class or series of preferred stock that may be issued in the future . because we are a delaware corporation , the anti-takeover provisions of delaware law could make it more difficult for a third party to acquire control of us , even if the change in control would be beneficial to stockholders . we are subject to the provisions of section 203 of the delaware general laws , which prohibits a person who owns in excess of 15% ( 15 % ) of our outstanding voting stock from merging or combining with us for a period of three years after the date of the transaction in which the person acquired in excess of 15% ( 15 % ) of our outstanding voting stock , unless the merger or combination is approved in a prescribed manner . item 1b . unresolved staff comments . item 2 . properties . we conduct our primary operations at the owned and leased facilities described below . location operations conducted approximate square feet expiration new haven , connecticut corporate headquarters and executive , sales , research and development offices 514000 2030 dublin , ireland global supply chain , distribution , and administration offices 160000 owned . <table class='wikitable'><tr><td>1</td><td>location</td><td>operations conducted</td><td>approximatesquare feet</td><td>leaseexpirationdates</td></tr><tr><td>2</td><td>new haven connecticut</td><td>corporate headquarters and executive sales research and development offices</td><td>514000</td><td>2030</td></tr><tr><td>3</td><td>dublin ireland</td><td>global supply chain distribution and administration offices</td><td>160000</td><td>owned</td></tr><tr><td>4</td><td>athlone ireland</td><td>commercial research and development manufacturing</td><td>80000</td><td>owned</td></tr><tr><td>5</td><td>lexington massachusetts</td><td>research and development offices</td><td>81000</td><td>2019</td></tr><tr><td>6</td><td>bogart georgia</td><td>commercial research and development manufacturing</td><td>70000</td><td>owned</td></tr><tr><td>7</td><td>smithfield rhode island</td><td>commercial research and development manufacturing</td><td>67000</td><td>owned</td></tr><tr><td>8</td><td>zurich switzerland</td><td>regional executive and sales offices</td><td>69000</td><td>2025</td></tr></table> we believe that our administrative office space is adequate to meet our needs for the foreseeable future . we also believe that our research and development facilities and our manufacturing facilities , together with third party manufacturing facilities , will be adequate for our on-going activities . in addition to the locations above , we also lease space in other u.s . locations and in foreign countries to support our operations as a global organization. .\nQuestion: how many square feet are in new haven?\nAnswer: 514000.0\nQuestion: how many square feet are in lexington?\nAnswer: 81000.0\nQuestion: what is the sum?\n" }, { "role": "agent", "content": "595000.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2017 , 2016 , and 2015 the total amount of unrecognized tax benefits anticipated to result in a net decrease to unrecognized tax benefits within 12 months of december 31 , 2017 is estimated to be between $ 5 million and $ 15 million , primarily relating to statute of limitation lapses and tax exam settlements . the following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>december 31,</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 352</td><td>$ 364</td><td>$ 384</td></tr><tr><td>3</td><td>additions for current year tax positions</td><td>2014</td><td>2</td><td>2</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>2</td><td>1</td><td>12</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-5 ( 5 )</td><td>-1 ( 1 )</td><td>-7 ( 7 )</td></tr><tr><td>6</td><td>effects of foreign currency translation</td><td>2014</td><td>2014</td><td>-3 ( 3 )</td></tr><tr><td>7</td><td>settlements</td><td>2014</td><td>-13 ( 13 )</td><td>-17 ( 17 )</td></tr><tr><td>8</td><td>lapse of statute of limitations</td><td>-1 ( 1 )</td><td>-1 ( 1 )</td><td>-7 ( 7 )</td></tr><tr><td>9</td><td>balance at december 31</td><td>$ 348</td><td>$ 352</td><td>$ 364</td></tr></table> the company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years . the company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded . while it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits . however , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty . it is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2017 . our effective tax rate and net income in any given future period could therefore be materially impacted . 21 . discontinued operations due to a portfolio evaluation in the first half of 2016 , management decided to pursue a strategic shift of its distribution companies in brazil , sul and eletropaulo , to reduce the company's exposure to the brazilian distribution market . eletropaulo 2014 in november 2017 , eletropaulo converted its preferred shares into ordinary shares and transitioned the listing of those shares into the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance . upon conversion of the preferred shares into ordinary shares , aes no longer controlled eletropaulo , but maintained significant influence over the business . as a result , the company deconsolidated eletropaulo . after deconsolidation , the company's 17% ( 17 % ) ownership interest is reflected as an equity method investment . the company recorded an after-tax loss on deconsolidation of $ 611 million , which primarily consisted of $ 455 million related to cumulative translation losses and $ 243 million related to pension losses reclassified from aocl . in december 2017 , all the remaining criteria were met for eletropaulo to qualify as a discontinued operation . therefore , its results of operations and financial position were reported as such in the consolidated financial statements for all periods presented . eletropaulo's pre-tax loss attributable to aes , including the loss on deconsolidation , for the years ended december 31 , 2017 and 2016 was $ 633 million and $ 192 million , respectively . eletropaulo's pre-tax income attributable to aes for the year ended december 31 , 2015 was $ 73 million . prior to its classification as discontinued operations , eletropaulo was reported in the brazil sbu reportable segment . sul 2014 the company executed an agreement for the sale of sul , a wholly-owned subsidiary , in june 2016 . the results of operations and financial position of sul are reported as discontinued operations in the consolidated financial statements for all periods presented . upon meeting the held-for-sale criteria , the company recognized an after-tax loss of $ 382 million comprised of a pre-tax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in sul . prior to the impairment charge , the carrying value of the sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell . however , the impairment charge was limited to the carrying value of the long lived assets of the sul disposal group . on october 31 , 2016 , the company completed the sale of sul and received final proceeds less costs to sell of $ 484 million , excluding contingent consideration . upon disposal of sul , the company incurred an additional after-tax .\nQuestion: what was the amount of the after-tax loss on deconsolidation that hit ordinary income in 2017?\nAnswer: 243.0\nQuestion: and what was the total after-tax loss on deconsolidation?\n" }, { "role": "agent", "content": "611.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart i item 1 . business our company founded in 1886 , american water works company , inc . ( the 201ccompany 201d or 201camerican water 201d ) is a holding company incorporated in delaware . american water is the largest and most geographically diverse investor owned publicly-traded united states water and wastewater utility company , as measured by both operating revenues and population served . we employ approximately 6700 professionals who provide drinking water , wastewater and other related services to an estimated 15 million people in 47 states , the district of columbia and ontario , canada . operating segments we conduct our business primarily through our regulated businesses segment . we also operate several market-based businesses that provide a broad range of related and complementary water and wastewater services , which include four operating segments that individually do not meet the criteria of a reportable segment in accordance with generally accepted accounting principles in the united states ( 201cgaap 201d ) . these four non- reportable operating segments are collectively presented as our 201cmarket-based businesses , 201d which is consistent with how management assesses the results of these businesses . additional information can be found in item 7 2014management 2019s discussion and analysis of financial condition and results of operations and note 19 2014segment information in the notes to consolidated financial statements . regulated businesses our primary business involves the ownership of subsidiaries that provide water and wastewater utility services to residential , commercial , industrial and other customers , including sale for resale and public authority customers . our subsidiaries that provide these services operate in approximately 1600 communities in 16 states in the united states and are generally subject to regulation by certain state commissions or other entities engaged in utility regulation , referred to as public utility commissions or ( 201cpucs 201d ) . the federal and state governments also regulate environmental , health and safety , and water quality matters . we report the results of the services provided by our utilities in our regulated businesses segment . our regulated businesses segment 2019s operating revenues were $ 2743 million for 2015 , $ 2674 million for 2014 and $ 2594 million for 2013 , accounting for 86.8% ( 86.8 % ) , 88.8% ( 88.8 % ) and 90.1% ( 90.1 % ) , respectively , of total operating revenues for the same periods . the following table summarizes our regulated businesses 2019 operating revenues , number of customers and estimated population served by state , each as of december 31 , 2015 : operating revenues ( in millions ) % ( % ) of total number of customers % ( % ) of total estimated population served ( in millions ) % ( % ) of total . <table class='wikitable'><tr><td>1</td><td>new jersey</td><td>operatingrevenues ( in millions ) $ 704</td><td>% ( % ) of total 25.7% ( 25.7 % )</td><td>number ofcustomers 660580</td><td>% ( % ) of total 20.3% ( 20.3 % )</td><td>estimatedpopulationserved ( in millions ) 2.7</td><td>% ( % ) of total 22.3% ( 22.3 % )</td></tr><tr><td>2</td><td>pennsylvania</td><td>614</td><td>22.4% ( 22.4 % )</td><td>672407</td><td>20.7% ( 20.7 % )</td><td>2.3</td><td>19.0% ( 19.0 % )</td></tr><tr><td>3</td><td>illinois ( a )</td><td>270</td><td>9.8% ( 9.8 % )</td><td>313058</td><td>9.6% ( 9.6 % )</td><td>1.3</td><td>10.7% ( 10.7 % )</td></tr><tr><td>4</td><td>missouri</td><td>269</td><td>9.8% ( 9.8 % )</td><td>473245</td><td>14.5% ( 14.5 % )</td><td>1.5</td><td>12.4% ( 12.4 % )</td></tr><tr><td>5</td><td>indiana</td><td>206</td><td>7.5% ( 7.5 % )</td><td>295994</td><td>9.1% ( 9.1 % )</td><td>1.3</td><td>10.7% ( 10.7 % )</td></tr><tr><td>6</td><td>california</td><td>198</td><td>7.2% ( 7.2 % )</td><td>174942</td><td>5.4% ( 5.4 % )</td><td>0.6</td><td>5.0% ( 5.0 % )</td></tr><tr><td>7</td><td>west virginia ( b )</td><td>129</td><td>4.7% ( 4.7 % )</td><td>169037</td><td>5.2% ( 5.2 % )</td><td>0.6</td><td>5.0% ( 5.0 % )</td></tr><tr><td>8</td><td>subtotal ( top seven states )</td><td>2390</td><td>87.1% ( 87.1 % )</td><td>2759263</td><td>84.8% ( 84.8 % )</td><td>10.3</td><td>85.1% ( 85.1 % )</td></tr><tr><td>9</td><td>other ( c )</td><td>353</td><td>12.9% ( 12.9 % )</td><td>493428</td><td>15.2% ( 15.2 % )</td><td>1.8</td><td>14.9% ( 14.9 % )</td></tr><tr><td>10</td><td>total regulated businesses</td><td>$ 2743</td><td>100.0% ( 100.0 % )</td><td>3252691</td><td>100.0% ( 100.0 % )</td><td>12.1</td><td>100.0% ( 100.0 % )</td></tr></table> ( a ) includes illinois-american water company and american lake water company . ( b ) includes west virginia-american water company and its subsidiary bluefield valley water works company . ( c ) includes data from our utilities in the following states : georgia , hawaii , iowa , kentucky , maryland , michigan , new york , tennessee and virginia. .\nQuestion: what is the estimated population served in the west virginia market area in million of people?\nAnswer: 0.6\nQuestion: and that in number of people?\nAnswer: 600000.0\nQuestion: how much does the number of customers in the west virginia market area represents in relation to that number of people?\n" }, { "role": "agent", "content": "0.28173" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) the effect of foreign exchange rate changes on cash , cash equivalents and restricted cash included in the consolidated statements of cash flows resulted in an increase of $ 11.6 in 2016 , primarily a result of the brazilian real strengthening against the u.s . dollar as of december 31 , 2016 compared to december 31 , 2015. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2017</td><td>december 31 , 2016</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 791.0</td><td>$ 1100.6</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 84.9</td><td>$ 85.7</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.0</td><td>323.9</td></tr><tr><td>5</td><td>long-term debt</td><td>1285.6</td><td>1280.7</td></tr><tr><td>6</td><td>total debt</td><td>$ 1372.5</td><td>$ 1690.3</td></tr></table> liquidity outlook we expect our cash flow from operations and existing cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility , uncommitted lines of credit and a commercial paper program available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit ratings , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity , or continue to access existing sources of liquidity , on commercially reasonable terms , or at all . funding requirements our most significant funding requirements include our operations , non-cancelable operating lease obligations , capital expenditures , acquisitions , common stock dividends , taxes and debt service . additionally , we may be required to make payments to minority shareholders in certain subsidiaries if they exercise their options to sell us their equity interests . notable funding requirements include : 2022 debt service 2013 as of december 31 , 2017 , we had outstanding short-term borrowings of $ 84.9 from our uncommitted lines of credit used primarily to fund seasonal working capital needs . the remainder of our debt is primarily long-term , with maturities scheduled through 2024 . see the table below for the maturity schedule of our long-term debt . 2022 acquisitions 2013 we paid cash of $ 29.7 , net of cash acquired of $ 7.1 , for acquisitions completed in 2017 . we also paid $ 0.9 in up-front payments and $ 100.8 in deferred payments for prior-year acquisitions as well as ownership increases in our consolidated subsidiaries . in addition to potential cash expenditures for new acquisitions , we expect to pay approximately $ 42.0 in 2018 related to prior acquisitions . we may also be required to pay approximately $ 33.0 in 2018 related to put options held by minority shareholders if exercised . we will continue to evaluate strategic opportunities to grow and continue to strengthen our market position , particularly in our digital and marketing services offerings , and to expand our presence in high-growth and key strategic world markets . 2022 dividends 2013 during 2017 , we paid four quarterly cash dividends of $ 0.18 per share on our common stock , which corresponded to aggregate dividend payments of $ 280.3 . on february 14 , 2018 , we announced that our board of directors ( the 201cboard 201d ) had declared a common stock cash dividend of $ 0.21 per share , payable on march 15 , 2018 to holders of record as of the close of business on march 1 , 2018 . assuming we pay a quarterly dividend of $ 0.21 per share and there is no significant change in the number of outstanding shares as of december 31 , 2017 , we would expect to pay approximately $ 320.0 over the next twelve months. .\nQuestion: what was the net decrease in cash equivalent and marketable securities from 2016 to 2017?\nAnswer: 309.6\nQuestion: what is that divided by the 2017 value?\nAnswer: 0.2813\nQuestion: what is that shown as a percent?\n" }, { "role": "agent", "content": "28.13011" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe authorized costs of $ 76 are to be recovered via a surcharge over a twenty-year period beginning october 2012 . surcharges collected as of december 31 , 2015 and 2014 were $ 4 and $ 5 , respectively . in addition to the authorized costs , the company expects to incur additional costs totaling $ 34 , which will be recovered from contributions made by the california state coastal conservancy . contributions collected as of december 31 , 2015 and 2014 were $ 8 and $ 5 , respectively . regulatory balancing accounts accumulate differences between revenues recognized and authorized revenue requirements until they are collected from customers or are refunded . regulatory balancing accounts include low income programs and purchased power and water accounts . debt expense is amortized over the lives of the respective issues . call premiums on the redemption of long- term debt , as well as unamortized debt expense , are deferred and amortized to the extent they will be recovered through future service rates . purchase premium recoverable through rates is primarily the recovery of the acquisition premiums related to an asset acquisition by the company 2019s california subsidiary during 2002 , and acquisitions in 2007 by the company 2019s new jersey subsidiary . as authorized for recovery by the california and new jersey pucs , these costs are being amortized to depreciation and amortization in the consolidated statements of operations through november 2048 . tank painting costs are generally deferred and amortized to operations and maintenance expense in the consolidated statements of operations on a straight-line basis over periods ranging from five to fifteen years , as authorized by the regulatory authorities in their determination of rates charged for service . other regulatory assets include certain deferred business transformation costs , construction costs for treatment facilities , property tax stabilization , employee-related costs , business services project expenses , coastal water project costs , rate case expenditures and environmental remediation costs among others . these costs are deferred because the amounts are being recovered in rates or are probable of recovery through rates in future periods . regulatory liabilities the regulatory liabilities generally represent probable future reductions in revenues associated with amounts that are to be credited or refunded to customers through the rate-making process . the following table summarizes the composition of regulatory liabilities as of december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>removal costs recovered through rates</td><td>$ 311</td><td>$ 301</td></tr><tr><td>3</td><td>pension and other postretirement benefitbalancing accounts</td><td>59</td><td>54</td></tr><tr><td>4</td><td>other</td><td>32</td><td>37</td></tr><tr><td>5</td><td>total regulatory liabilities</td><td>$ 402</td><td>$ 392</td></tr></table> removal costs recovered through rates are estimated costs to retire assets at the end of their expected useful life that are recovered through customer rates over the life of the associated assets . in december 2008 , the company 2019s subsidiary in new jersey , at the direction of the new jersey puc , began to depreciate $ 48 of the total balance into depreciation and amortization expense in the consolidated statements of operations via straight line amortization through november 2048 . pension and other postretirement benefit balancing accounts represent the difference between costs incurred and costs authorized by the puc 2019s that are expected to be refunded to customers. .\nQuestion: what was the removal costs recovered through rates for 2015?\n" }, { "role": "agent", "content": "311.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis . this assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed . to the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved . any amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense . accounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured . these allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization . receivables are written-off against the allowances when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance as of january 1,</td><td>$ 28520</td><td>$ 11482</td><td>$ 8850</td></tr><tr><td>3</td><td>current year increases</td><td>16219</td><td>26771</td><td>12059</td></tr><tr><td>4</td><td>recoveries and other</td><td>-22234 ( 22234 )</td><td>-9733 ( 9733 )</td><td>-9427 ( 9427 )</td></tr><tr><td>5</td><td>balance as of december 31,</td><td>$ 22505</td><td>$ 28520</td><td>$ 11482</td></tr></table> the company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a . de c.v . ( 201cgrupo iusacell 201d ) operates . iusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 . grupo iusacell has been engaged in a refinancing of a majority of its u.s . dollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s . bankruptcy law ) with the backing of a majority of their financial creditors in december 2010 . as of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively . functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) . as a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional .\nQuestion: what is the balance of allowances at the end of 2009?\n" }, { "role": "agent", "content": "28520.0" } ]

[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 . the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>loews common stock</td><td>100.0</td><td>108.91</td><td>129.64</td><td>113.59</td><td>104.47</td><td>128.19</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.0</td><td>116.00</td><td>153.57</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>loews peer group ( a )</td><td>100.0</td><td>113.39</td><td>142.85</td><td>150.44</td><td>142.44</td><td>165.34</td></tr></table> ( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r . berkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p . ( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd . and the travelers companies , inc . dividend information we have paid quarterly cash dividends in each year since 1967 . regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .\nQuestion: from 2011 to 2016, what was the change in the value of the s&p 500 index?\nAnswer: 98.18\nQuestion: and what is this change as a portion of that value in 2011?\nAnswer: 0.9818\nQuestion: and only from 2011 to 2012, what was the change in the value of that stock?\n" }, { "role": "agent", "content": "16.0" } ]