NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued) (Dollar amounts in thousands except per share data) Note 14—Business Segments (continued) The measure of profitability for the Investment segment is excess investment income, which represents the income earned on the investment portfolio in excess of net policy requirements and financing costs associated with Torchmark’s debt.
Other than the above-mentioned interest allocations and an intersegment commission, there are no other intersegment revenues or expenses.
Expenses directly attributable to corporate operations are included in the “Corporate” category.
Stock-based compensation expense is considered a corporate expense by Torchmark management and is included in this category.
All other unallocated revenues and expenses on a pretax basis, including insurance administrative expense, are included in the “Other” segment category.
The following tables set forth a reconciliation of Torchmark’s revenues and operations by segment to its major income statement line items.
## Table 0 ##
(1) Medicare Part D items adjusted to GAAP from the segment analysis, which matches expected benefits with policy premium.
(2) Reclassification of interest amount due to accounting rule requiring deconsolidation of Trust Preferred Securities.
(3) Administrative expense is not allocated to insurance segments.
(4) Elimination of intersegment commission.
(5) Amortization of low-income housing interests.
(6) State administrative settlement expense.
(7) Loss on sale of equipment.
(8) Litigation expense.
a $197 million, or a 40%, net increase in non-comparable store sales on a constant currency basis, primarily driven by new store openings within the past twelve months, including store openings in Asia, new stores and concession shops assumed in connection with the Australia and New Zealand Licensed Operations Acquisition, other new global store openings, and the expansion of our e-commerce operations, which more than offset the impact of store closings, including those closed in connection with the Rugby Closure Plan.
These increases were partially offset by: ?
a $53 million net decrease in revenues due to unfavorable foreign currency effects, comprised of unfavorable effects of $43 million and $10 million related to our comparable and non-comparable store sales, respectively.
The unfavorable currency effects primarily related to the weakening of the Japanese Yen, partially offset by the strengthening of the Euro against the U. S.  Dollar during Fiscal 2014 compared to the prior fiscal year.
Our global average store count increased by 47 stores and concession shops during Fiscal 2014 compared with the prior fiscal year, primarily due to new store and concession shop openings in Asia and Europe, and stores and concession shops assumed in connection with the Australia and New Zealand Licensed Operations Acquisition, partially offset by store closures, including those associated with the Rugby Closure Plan.
The following table details our retail store and e-commerce presence as of the periods presented:
## Table 1 ##
(a) Includes www.
RalphLauren.
com, www.
ClubMonaco.
com, and www.
ClubMonaco.
ca, which collectively service the U. S.  and Canada.
(b) Includes www.
RalphLauren.
co. uk (servicing the United Kingdom), www.
RalphLauren.
fr (servicing Belgium, France, Italy, Luxembourg, the Netherlands, Portugal, and Spain), and www.
RalphLauren.
de (servicing Germany and Austria).
(c) Includes www.
RalphLauren.
co. jp, which services Japan and, as of March 29, 2014, our new e-commerce site at www.
RalphLauren.
co. kr, which services South Korea.
Licensing revenues — The $16 million net decrease in revenues primarily reflects the transition of certain licensing arrangements, including the Chaps Menswear Business and the Australia and New Zealand Business, to wholly-owned operations and the discontinuance of certain Home licensing arrangements, partially offset by higher apparel and fragrance-related royalties.
Gross Profit.
Gross profit increased by $154 million, or 3.7%, to $4.310 billion in Fiscal 2014 from $4.156 billion in Fiscal 2013.
Gross profit as a percentage of net revenues decreased by 190 basis points to 57.9% in Fiscal 2014 from 59.8% in Fiscal 2013.
The gross margin decline was primarily attributable to the inclusion of the Chaps Menswear Business and the unfavorable effects of foreign currency.
Gross profit as a percentage of net revenues is dependent upon a variety of factors, including changes in the relative sales mix among distribution channels, changes in the mix of products sold, the timing and level of promotional activities, foreign currency exchange rates, and fluctuations in material costs.
These factors, among others, may cause gross profit as a percentage of net revenues to fluctuate from year to year.
Selling, General, and Administrative Expenses.
SG&A expenses increased by $171 million, or 5.7%, to $3.142 billion in Fiscal 2014 from $2.971 billion in Fiscal 2013.
This increase included a net favorable foreign currency effect of approximately
The following table provides a reconciliation of the total amounts of unrecognized tax benefits (in millions):
## Table 2 ##
At August 31, 2019, 2018 and 2017, $311 million, $331 million and $286 million, respectively, of unrecognized tax benefits would favorably impact the effective tax rate if recognized.
During the next twelve months, based on current knowledge, it is reasonably possible the amount of unrecognized tax benefits could decrease by up to $16 million due to anticipated tax audit settlements and the expirations of statutes of limitations associated with tax positions related to multiple tax jurisdictions.
The Company recognizes interest and penalties in the income tax provision in its Consolidated Statements of Earnings.
At August 31, 2019 and August 31, 2018, the Company had accrued interest and penalties of $47 million and $87 million, respectively.
For the year ended August 31, 2019, the amount reported in income tax expense related to interest and penalties was $40 million income tax benefit.
The Company files a consolidated U. S.  federal income tax return as well as income tax returns in various states and multiple foreign jurisdictions.
It is generally no longer under audit examinations for U. S.  federal income tax purposes for any years prior to fiscal 2014.
With few exceptions, it is no longer subject to state and local income tax examinations by tax authorities for years before fiscal 2007.
In foreign tax jurisdictions, the Company is generally no longer subject to examination by the tax authorities in the United Kingdom prior to 2015, Luxembourg prior to 2013, in Germany prior to 2014, in France prior to 2008 and in Turkey prior to 2014.
The Company has received tax holidays from Swiss cantonal income taxes relative to certain of its Swiss operations.
The income tax holidays are expected to extend through September 2022.
The holidays had a beneficial impact of $127 million and $127 million (inclusive of capital GILTI tax cost) during fiscal 2019 and 2018, respectively.
This benefit is primarily included as part of the foreign income taxed at non-U.
S.  rates line in the effective tax rate reconciliation table above.
At August 31, 2019, it is not practicable for the Company to determine the amount of the unrecognized deferred tax liability it has with respect to temporary differences related to investments in foreign subsidiaries and foreign corporate joint ventures that are essentially permanent in duration.
Note 12.
Stock compensation plans The Walgreens Boots Alliance, Inc.  2013 Omnibus Incentive Plan (the “Omnibus Plan”), which became effective in fiscal 2013, provides for incentive compensation to the Company’s non-employee directors, officers and employees and consolidates several previously existing equity compensation plans into a single plan.
The Company grants stock options, performance shares and restricted units under the Omnibus Plan.
Performance shares issued under the Omnibus Plan offer performance-based incentive awards and equity-based awards to key employees.
The fair value of each performance share granted assumes that performance goals will be achieved at 100 percent.
If such goals are not met, no compensation expense is recognized and any recognized compensation expense is reversed.
Restricted stock units are also equity-based awards with performance

['

For the Year 2011
Life	Health	Annuity	Investment	Other	Corporate	Adjustments	Consolidated
Revenue:
Premium	$1,726,244	$930,493	$608	$-1,027 (1)	$2,656,318
Net investment income	$707,041	-14,013 ( 2,5)	693,028
Other income	$2,507	-356 (4)	2,151
Total revenue	1,726,244	930,493	608	707,041	2,507	-15,396	3,351,497
Expenses:
Policy benefits	1,118,909	632,847	42,547	-1,027 (1)	1,793,276
Required interest on net reserves	-458,029	-36,729	-57,040	551,798	0
Amortization of acquisition costs	503,649	123,442	12,688	-214,998	424,781
Commissions and premium tax	75,480	48,942	68	-356 (4)	124,134
Insurance administrative expense-3	159,109	19,880-6,7,8	178,989
Parent expense	$7,693	7,693
Stock-based compensation expense	14,954	14,954
Interest expense	77,644	264-2	77,908
Total expenses	1,240,009	768,502	-1,737	414,444	159,109	22,647	18,761	2,621,735
Sub total	486,235	161,991	2,345	292,597	-156,602	-22,647	-34,157	729,762
Non operating items	19,880-6,7,8	19,880
Amortization of low-income housing interests	14,277-5	14,277
Measure of segment profitability (pretax)	$486,235	$161,991	$2,345	$292,597	$-156,602	$-22,647	$0	763,919
Deduct applicable income taxes	-249,495
Segment profits after tax	514,424
Add back income taxes applicable to segment profitability	249,495
Add (deduct) realized investment gains (losses)	25,904
Deduct amortization of low-incomehousing -5	-14,277
Deduct state administrative settlementexpense -6	-6,901
Deduct loss on sale of equipment -7	-979
Deduct litigation expense -8	-12,000
Pretax income per Consolidated Statement of Operations	$755,666

', '

March 29,2014	March 30,2013
Stores:
Freestanding stores	433	388
Concession shops	503	494
Total stores	936	882
E-commerce Sites:
North American sites(a)	3	3
European sites(b)	3	3
Asian sites(c)	2	1
Total e-commerce sites	8	7

', '

2019	2018	2017
Balance at beginning of year	$456	$409	$269
Gross increases related to tax positions in a prior period	33	123	151
Gross decreases related to tax positions in a prior period	-53	-15	-36
Gross increases related to tax positions in the current period	26	29	33
Settlements with taxing authorities	-2	-87	-2
Currency	—	—	-1
Lapse of statute of limitations	-5	-3	-5
Balance at end of year	$455	$456	$409

']

Question: In what sections is Required interest on net reserves positive?
Answer: Investment