Financial report context:
a summary of the company 2019s significant contractual obligations as of december 31 , 2015 , follows : contractual obligations .

Financial table:
( millions ): long-term debt including current portion ( note 10 ); total: $ 9878; payments due by year 2016: $ 1125; payments due by year 2017: $ 744; payments due by year 2018: $ 993; payments due by year 2019: $ 622; payments due by year 2020: $ 1203; payments due by year after 2020: $ 5191
( millions ): interest on long-term debt; total: 2244; payments due by year 2016: 174; payments due by year 2017: 157; payments due by year 2018: 153; payments due by year 2019: 149; payments due by year 2020: 146; payments due by year after 2020: 1465
( millions ): operating leases ( note 14 ); total: 943; payments due by year 2016: 234; payments due by year 2017: 191; payments due by year 2018: 134; payments due by year 2019: 86; payments due by year 2020: 72; payments due by year after 2020: 226
( millions ): capital leases ( note 14 ); total: 59; payments due by year 2016: 11; payments due by year 2017: 6; payments due by year 2018: 4; payments due by year 2019: 3; payments due by year 2020: 3; payments due by year after 2020: 32
( millions ): unconditional purchase obligations and other; total: 1631; payments due by year 2016: 1228; payments due by year 2017: 160; payments due by year 2018: 102; payments due by year 2019: 54; payments due by year 2020: 56; payments due by year after 2020: 31
( millions ): total contractual cash obligations; total: $ 14755; payments due by year 2016: $ 2772; payments due by year 2017: $ 1258; payments due by year 2018: $ 1386; payments due by year 2019: $ 914; payments due by year 2020: $ 1480; payments due by year after 2020: $ 6945

Additional report context:
long-term debt payments due in 2016 and 2017 include floating rate notes totaling $ 126 million ( classified as current portion of long-term debt ) , and $ 96 million ( included as a separate floating rate note in the long-term debt table ) , respectively , as a result of put provisions associated with these debt instruments . interest projections on both floating and fixed rate long-term debt , including the effects of interest rate swaps , are based on effective interest rates as of december 31 , 2015 . unconditional purchase obligations are defined as an agreement to purchase goods or services that is enforceable and legally binding on the company . included in the unconditional purchase obligations category above are certain obligations related to take or pay contracts , capital commitments , service agreements and utilities . these estimates include both unconditional purchase obligations with terms in excess of one year and normal ongoing purchase obligations with terms of less than one year . many of these commitments relate to take or pay contracts , in which 3m guarantees payment to ensure availability of products or services that are sold to customers . the company expects to receive consideration ( products or services ) for these unconditional purchase obligations . contractual capital commitments are included in the preceding table , but these commitments represent a small part of the company 2019s expected capital spending in 2016 and beyond . the purchase obligation amounts do not represent the entire anticipated purchases in the future , but represent only those items for which the company is contractually obligated . the majority of 3m 2019s products and services are purchased as needed , with no unconditional commitment . for this reason , these amounts will not provide a reliable indicator of the company 2019s expected future cash outflows on a stand-alone basis . other obligations , included in the preceding table within the caption entitled 201cunconditional purchase obligations and other , 201d include the current portion of the liability for uncertain tax positions under asc 740 , which is expected to be paid out in cash in the next 12 months . the company is not able to reasonably estimate the timing of the long-term payments or the amount by which the liability will increase or decrease over time ; therefore , the long-term portion of the net tax liability of $ 208 million is excluded from the preceding table . refer to note 8 for further details . as discussed in note 11 , the company does not have a required minimum cash pension contribution obligation for its u.s . plans in 2016 and company contributions to its u.s . and international pension plans are expected to be largely discretionary in future years ; therefore , amounts related to these plans are not included in the preceding table . financial instruments the company enters into foreign exchange forward contracts , options and swaps to hedge against the effect of exchange rate fluctuations on cash flows denominated in foreign currencies and certain intercompany financing transactions . the company manages interest rate risks using a mix of fixed and floating rate debt . to help manage borrowing costs , the company may enter into interest rate swaps . under these arrangements , the company agrees to exchange , at specified intervals , the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount . the company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts. .

Question: what was the ratio of the floating rate notes included in the long-term debt payments due in 2016 to 2017
Answer: 1.31