alanslzr/finqa-rag huggingface dataset:
Financial report context:
the contractual maturities of held-to-maturity securities as of january 30 , 2009 were in excess of three years and were $ 31.4 million at cost and $ 28.9 million at fair value , respectively . for the successor year ended january 30 , 2009 and period ended february 1 , 2008 , and the predecessor period ended july 6 , 2007 and year ended february 2 , 2007 , gross realized gains and losses on the sales of available-for-sale securities were not material . the cost of securities sold is based upon the specific identification method . merchandise inventories inventories are stated at the lower of cost or market with cost determined using the retail last-in , first-out ( 201clifo 201d ) method . under the company 2019s retail inventory method ( 201crim 201d ) , the calculation of gross profit and the resulting valuation of inventories at cost are computed by applying a calculated cost-to-retail inventory ratio to the retail value of sales at a department level . costs directly associated with warehousing and distribution are capitalized into inventory . the excess of current cost over lifo cost was approximately $ 50.0 million at january 30 , 2009 and $ 6.1 million at february 1 , 2008 . current cost is determined using the retail first-in , first-out method . the company 2019s lifo reserves were adjusted to zero at july 6 , 2007 as a result of the merger . the successor recorded lifo provisions of $ 43.9 million and $ 6.1 million during 2008 and 2007 , respectively . the predecessor recorded a lifo credit of $ 1.5 million in 2006 . in 2008 , the increased commodity cost pressures mainly related to food and pet products which have been driven by fruit and vegetable prices and rising freight costs . increases in petroleum , resin , metals , pulp and other raw material commodity driven costs also resulted in multiple product cost increases . the company intends to address these commodity cost increases through negotiations with its vendors and by increasing retail prices as necessary . on a quarterly basis , the company estimates the annual impact of commodity cost fluctuations based upon the best available information at that point in time . store pre-opening costs pre-opening costs related to new store openings and the construction periods are expensed as incurred . property and equipment property and equipment are recorded at cost . the company provides for depreciation and amortization on a straight-line basis over the following estimated useful lives: .

Financial table:
land improvements: buildings; 20: 39-40
land improvements: furniture fixtures and equipment; 20: 3-10

Additional report context:
improvements of leased properties are amortized over the shorter of the life of the applicable lease term or the estimated useful life of the asset. .

Question: what was the percentage change in the excess of current cost over lifo cost from 2008 to 2009 .
Answer: 43.9
Financial report context:
subject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value . fluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions . the table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 . equity investments are included in other assets in our consolidated balance sheets . ( in millions ) carrying unrealized net of tax .

Financial table:
( in millions ): bm&fbovespa s.a .; costbasis: $ 262.9; fairvalue: $ 690.6; carryingvalue: $ 690.6; unrealizedgainnet of tax: $ 271.4
( in millions ): bolsa mexicana de valores s.a.b . de c.v .; costbasis: 17.3; fairvalue: 29.3; carryingvalue: 29.3; unrealizedgainnet of tax: 7.6
( in millions ): imarex asa; costbasis: 2014; fairvalue: 1.8; carryingvalue: 1.8; unrealizedgainnet of tax: 1.1

Additional report context:
we do not currently hedge against equity price risk . equity investments are assessed for other-than- temporary impairment on a quarterly basis. .

Question: in 2012 what was the ratio of the bm&fbovespa s.a . fair value to the cost basis
Answer: 2.63
Financial report context:
a reconciliation of the beginning and ending amount of unrecognized tax benefits , for the periods indicated , is as follows: .

Financial table:
( dollars in thousands ): balance at january 1; 2010: $ 29010; 2009: $ 34366; 2008: $ 29132
( dollars in thousands ): additions based on tax positions related to the current year; 2010: 7119; 2009: 6997; 2008: 5234
( dollars in thousands ): additions for tax positions of prior years; 2010: -; 2009: -; 2008: -
( dollars in thousands ): reductions for tax positions of prior years; 2010: -; 2009: -; 2008: -
( dollars in thousands ): settlements with taxing authorities; 2010: -12356 ( 12356 ); 2009: -12353 ( 12353 ); 2008: -
( dollars in thousands ): lapses of applicable statutes of limitations; 2010: -; 2009: -; 2008: -
( dollars in thousands ): balance at december 31; 2010: $ 23773; 2009: $ 29010; 2008: $ 34366

Additional report context:
the entire amount of the unrecognized tax benefits would affect the effective tax rate if recognized . in 2010 , the company favorably settled a 2003 and 2004 irs audit . the company recorded a net overall tax benefit including accrued interest of $ 25920 thousand . in addition , the company was also able to take down a $ 12356 thousand fin 48 reserve that had been established regarding the 2003 and 2004 irs audit . the company is no longer subject to u.s . federal , state and local or foreign income tax examinations by tax authorities for years before 2007 . the company recognizes accrued interest related to net unrecognized tax benefits and penalties in income taxes . during the years ended december 31 , 2010 , 2009 and 2008 , the company accrued and recognized a net expense ( benefit ) of approximately $ ( 9938 ) thousand , $ 1563 thousand and $ 2446 thousand , respectively , in interest and penalties . included within the 2010 net expense ( benefit ) of $ ( 9938 ) thousand is $ ( 10591 ) thousand of accrued interest related to the 2003 and 2004 irs audit . the company is not aware of any positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within twelve months of the reporting date . for u.s . income tax purposes the company has foreign tax credit carryforwards of $ 55026 thousand that begin to expire in 2014 . in addition , for u.s . income tax purposes the company has $ 41693 thousand of alternative minimum tax credits that do not expire . management believes that it is more likely than not that the company will realize the benefits of its net deferred tax assets and , accordingly , no valuation allowance has been recorded for the periods presented . tax benefits of $ 629 thousand and $ 1714 thousand related to share-based compensation deductions for stock options exercised in 2010 and 2009 , respectively , are included within additional paid-in capital of the shareholders 2019 equity section of the consolidated balance sheets. .

Question: what was the percent change in net expense in interest and penalties between 2008 and 2009?
Answer: -36%
Financial report context:
five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 . the graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2010 and that all dividends were reinvested . the information below is historical in nature and is not necessarily indicative of future performance . purchases of equity securities 2013 during 2015 , we repurchased 36921641 shares of our common stock at an average price of $ 99.16 . the following table presents common stock repurchases during each month for the fourth quarter of 2015 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .

Financial table:
period: oct . 1 through oct . 31; total number of shares purchased [a]: 3247731; average price paid per share: $ 92.98; total number of shares purchased as part of a publicly announcedplan or program [b]: 3221153; maximum number of shares remaining under the plan or program [b]: 56078192
period: nov . 1 through nov . 30; total number of shares purchased [a]: 2325865; average price paid per share: 86.61; total number of shares purchased as part of a publicly announcedplan or program [b]: 2322992; maximum number of shares remaining under the plan or program [b]: 53755200
period: dec . 1 through dec . 31; total number of shares purchased [a]: 1105389; average price paid per share: 77.63; total number of shares purchased as part of a publicly announcedplan or program [b]: 1102754; maximum number of shares remaining under the plan or program [b]: 52652446
period: total; total number of shares purchased [a]: 6678985; average price paid per share: $ 88.22; total number of shares purchased as part of a publicly announcedplan or program [b]: 6646899; maximum number of shares remaining under the plan or program [b]: n/a

Additional report context:
[a] total number of shares purchased during the quarter includes approximately 32086 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares . [b] effective january 1 , 2014 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2017 . these repurchases may be made on the open market or through other transactions . our management has sole discretion with respect to determining the timing and amount of these transactions. .

Question: for the fourth quarter ended december 31 , 2015 what was the percent of the total number of shares purchased in november
Answer: 34.83%
Financial report context:
shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index and the s&p financial index over a five-year period . the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2007 at the closing price on the last trading day of 2007 , and also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available measure of 80 of the standard & poor's 500 companies , representing 26 diversified financial services companies , 22 insurance companies , 17 real estate companies and 15 banking companies . comparison of five-year cumulative total shareholder return .

Financial table:
2007: state street corporation; 2008: $ 100; 2009: $ 49; 2010: $ 55; 2011: $ 58; 2012: $ 52; column_7: $ 61
2007: s&p 500 index; 2008: 100; 2009: 63; 2010: 80; 2011: 92; 2012: 94; column_7: 109
2007: s&p financial index; 2008: 100; 2009: 45; 2010: 52; 2011: 59; 2012: 49; column_7: 63

Additional report context:
.

Question: what is the percent change in state street corporation's cumulative total shareholder return on common stock between 2008 and 2009?
Answer: -11%
Financial report context:
table of contents the foreign provision for income taxes is based on foreign pre-tax earnings of $ 33.6 billion , $ 30.5 billion and $ 36.8 billion in 2014 , 2013 and 2012 , respectively . the company 2019s consolidated financial statements provide for any related tax liability on undistributed earnings that the company does not intend to be indefinitely reinvested outside the u.s . substantially all of the company 2019s undistributed international earnings intended to be indefinitely reinvested in operations outside the u.s . were generated by subsidiaries organized in ireland , which has a statutory tax rate of 12.5% ( 12.5 % ) . as of september 27 , 2014 , u.s . income taxes have not been provided on a cumulative total of $ 69.7 billion of such earnings . the amount of unrecognized deferred tax liability related to these temporary differences is estimated to be approximately $ 23.3 billion . as of september 27 , 2014 and september 28 , 2013 , $ 137.1 billion and $ 111.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . a reconciliation of the provision for income taxes , with the amount computed by applying the statutory federal income tax rate ( 35% ( 35 % ) in 2014 , 2013 and 2012 ) to income before provision for income taxes for 2014 , 2013 and 2012 , is as follows ( dollars in millions ) : the company 2019s income taxes payable have been reduced by the tax benefits from employee stock plan awards . for stock options , the company receives an income tax benefit calculated as the tax effect of the difference between the fair market value of the stock issued at the time of the exercise and the exercise price . for rsus , the company receives an income tax benefit upon the award 2019s vesting equal to the tax effect of the underlying stock 2019s fair market value . the company had net excess tax benefits from equity awards of $ 706 million , $ 643 million and $ 1.4 billion in 2014 , 2013 and 2012 , respectively , which were reflected as increases to common stock . apple inc . | 2014 form 10-k | 64 .

Financial table:
2014: computed expected tax; 2013: $ 18719; 2012: $ 17554; column_4: $ 19517
2014: state taxes net of federal effect; 2013: 469; 2012: 508; column_4: 677
2014: indefinitely invested earnings of foreign subsidiaries; 2013: -4744 ( 4744 ); 2012: -4614 ( 4614 ); column_4: -5895 ( 5895 )
2014: research and development credit net; 2013: -88 ( 88 ); 2012: -287 ( 287 ); column_4: -103 ( 103 )
2014: domestic production activities deduction; 2013: -495 ( 495 ); 2012: -308 ( 308 ); column_4: -328 ( 328 )
2014: other; 2013: 112; 2012: 265; column_4: 162
2014: provision for income taxes; 2013: $ 13973; 2012: $ 13118; column_4: $ 14030
2014: effective tax rate; 2013: 26.1% ( 26.1 % ); 2012: 26.2% ( 26.2 % ); column_4: 25.2% ( 25.2 % )

Additional report context:
.

Question: what was the highest effective tax rate , as a percentage?
Answer: 26.2
Financial report context:
remitted to the u.s . due to foreign tax credits and exclusions that may become available at the time of remittance . at december 31 , 2010 , aon had domestic federal operating loss carryforwards of $ 56 million that will expire at various dates from 2011 to 2024 , state operating loss carryforwards of $ 610 million that will expire at various dates from 2011 to 2031 , and foreign operating and capital loss carryforwards of $ 720 million and $ 251 million , respectively , nearly all of which are subject to indefinite carryforward . unrecognized tax provisions the following is a reconciliation of the company 2019s beginning and ending amount of unrecognized tax benefits ( in millions ) : .

Financial table:
2010: balance at january 1; 2009: $ 77; column_3: $ 86
2010: additions based on tax positions related to the current year; 2009: 7; column_3: 2
2010: additions for tax positions of prior years; 2009: 4; column_3: 5
2010: reductions for tax positions of prior years; 2009: -7 ( 7 ); column_3: -11 ( 11 )
2010: settlements; 2009: -1 ( 1 ); column_3: -10 ( 10 )
2010: lapse of statute of limitations; 2009: -5 ( 5 ); column_3: -3 ( 3 )
2010: acquisitions; 2009: 26; column_3: 6
2010: foreign currency translation; 2009: -1 ( 1 ); column_3: 2
2010: balance at december 31; 2009: $ 100; column_3: $ 77

Additional report context:
as of december 31 , 2010 , $ 85 million of unrecognized tax benefits would impact the effective tax rate if recognized . aon does not expect the unrecognized tax positions to change significantly over the next twelve months , except for a potential reduction of unrecognized tax benefits in the range of $ 10-$ 15 million relating to anticipated audit settlements . the company recognizes penalties and interest related to unrecognized income tax benefits in its provision for income taxes . aon accrued potential penalties of less than $ 1 million during each of 2010 , 2009 and 2008 . aon accrued interest of less than $ 1 million in 2010 , $ 2 million during 2009 and less than $ 1 million in 2008 . aon has recorded a liability for penalties of $ 5 million and for interest of $ 18 million for both december 31 , 2010 and 2009 . aon and its subsidiaries file income tax returns in the u.s . federal jurisdiction as well as various state and international jurisdictions . aon has substantially concluded all u.s . federal income tax matters for years through 2006 . material u.s . state and local income tax jurisdiction examinations have been concluded for years through 2002 . aon has concluded income tax examinations in its primary international jurisdictions through 2004. .

Question: what was the average accrued interest by aon from 2009 to 2010 in millions
Answer: 1.5
Financial report context:
notes to consolidated financial statements at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) .

Financial table:
2008: 2009; $ 317: 275
2008: 2010; $ 317: 236
2008: 2011; $ 317: 214
2008: 2012; $ 317: 191
2008: later years; $ 317: 597
2008: total minimum payments required; $ 317: $ 1830

Additional report context:
aon corporation .

Question: assuming that actual net rent expense will be the same as presented in the table , what would be the growth rate in the net rent expense from 2008 to 2009?
Answer: -13.2%
Financial report context:
entergy louisiana , inc . management's financial discussion and analysis setting any of entergy louisiana's rates . therefore , to the extent entergy louisiana's use of the proceeds would ordinarily have reduced its rate base , no change in rate base shall be reflected for ratemaking purposes . the sec approval for additional return of equity capital is now expired . entergy louisiana's receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .

Financial table:
2004: ( in thousands ); 2003: ( in thousands ); 2002: ( in thousands ); 2001: ( in thousands )
2004: $ 40549; 2003: ( $ 41317 ); 2002: $ 18854; 2001: $ 3812

Additional report context:
money pool activity used $ 81.9 million of entergy louisiana's operating cash flow in 2004 , provided $ 60.2 million in 2003 , and used $ 15.0 million in 2002 . see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool . investing activities the decrease of $ 25.1 million in net cash used by investing activities in 2004 was primarily due to decreased spending on customer service projects , partially offset by increases in spending on transmission projects and fossil plant projects . the increase of $ 56.0 million in net cash used by investing activities in 2003 was primarily due to increased spending on customer service , transmission , and nuclear projects . financing activities the decrease of $ 404.4 million in net cash used by financing activities in 2004 was primarily due to : 2022 the net issuance of $ 98.0 million of long-term debt in 2004 compared to the retirement of $ 261.0 million in 2022 a principal payment of $ 14.8 million in 2004 for the waterford lease obligation compared to a principal payment of $ 35.4 million in 2003 ; and 2022 a decrease of $ 29.0 million in common stock dividends paid . the decrease of $ 105.5 million in net cash used by financing activities in 2003 was primarily due to : 2022 a decrease of $ 125.9 million in common stock dividends paid ; and 2022 the repurchase of $ 120 million of common stock from entergy corporation in 2002 . the decrease in net cash used in 2003 was partially offset by the following : 2022 the retirement in 2003 of $ 150 million of 8.5% ( 8.5 % ) series first mortgage bonds compared to the net retirement of $ 134.6 million of first mortgage bonds in 2002 ; and 2022 principal payments of $ 35.4 million in 2003 for the waterford 3 lease obligation compared to principal payments of $ 15.9 million in 2002 . see note 5 to the domestic utility companies and system energy financial statements for details of long-term debt . uses of capital entergy louisiana requires capital resources for : 2022 construction and other capital investments ; 2022 debt and preferred stock maturities ; 2022 working capital purposes , including the financing of fuel and purchased power costs ; and 2022 dividend and interest payments. .

Question: what is the the net issuance of long-term debt as a percentage of the decrease in net cash used by financing activities in 2004?
Answer: 24.2%
Financial report context:
the agencies consider many factors in determining the final rating of an insurance company . one consideration is the relative level of statutory surplus necessary to support the business written . statutory surplus represents the capital of the insurance company reported in accordance with accounting practices prescribed by the applicable state insurance department . see part i , item 1a . risk factors 2014 201cdowngrades in our financial strength or credit ratings , which may make our products less attractive , could increase our cost of capital and inhibit our ability to refinance our debt , which would have a material adverse effect on our business , financial condition , results of operations and liquidity . 201d statutory surplus the table below sets forth statutory surplus for the company 2019s insurance companies as of december 31 , 2014 and 2013: .

Financial table:
2014: u.s . life insurance subsidiaries includes domestic captive insurance subsidiaries in 2013; 2013: $ 7157; column_3: $ 6639
2014: property and casualty insurance subsidiaries; 2013: 8069; column_3: 8022
2014: total; 2013: $ 15226; column_3: $ 14661

Additional report context:
statutory capital and surplus for the u.s . life insurance subsidiaries , including domestic captive insurance subsidiaries in 2013 , increased by $ 518 , primarily due to variable annuity surplus impacts of $ 788 , net income from non-variable annuity business of $ 187 , increases in unrealized gains from other invested assets carrying values of $ 138 , partially offset by returns of capital of $ 500 , and changes in reserves on account of change in valuation basis of $ 100 . effective april 30 , 2014 the last domestic captive ceased operations . statutory capital and surplus for the property and casualty insurance increased by $ 47 , primarily due to statutory net income of $ 1.1 billion , and unrealized gains on investments of $ 1.4 billion , largely offset by dividends to the hfsg holding company of $ 2.5 billion . the company also held regulatory capital and surplus for its former operations in japan until the sale of those operations on june 30 , 2014 . under the accounting practices and procedures governed by japanese regulatory authorities , the company 2019s statutory capital and surplus was $ 1.2 billion as of december 31 , 2013. .

Question: what is the growth rate in balance of u.s . life insurance subsidiaries from 2013 to 2014?
Answer: 7.8%