Financial report context:
at december 31 , 2013 , the aggregate amount of investment grade funded loans was $ 6.5 billion and the aggregate amount of non-investment grade funded loans was $ 7.9 billion . in connection with these corporate lending activities ( which include corporate funded and unfunded lending commitments ) , the company had hedges ( which include 201csingle name , 201d 201csector 201d and 201cindex 201d hedges ) with a notional amount of $ 9.0 billion related to the total corporate lending exposure of $ 93.0 billion at december 31 , 2013 . 201cevent-driven 201d loans and lending commitments at december 31 , 2013 . included in the total corporate lending exposure amounts in the table above at december 31 , 2013 were 201cevent- driven 201d exposures of $ 9.5 billion composed of funded loans of $ 2.0 billion and lending commitments of $ 7.5 billion . included in the 201cevent-driven 201d exposure at december 31 , 2013 were $ 7.3 billion of loans and lending commitments to non-investment grade borrowers . the maturity profile of the 201cevent-driven 201d loans and lending commitments at december 31 , 2013 was as follows : 33% ( 33 % ) will mature in less than 1 year , 17% ( 17 % ) will mature within 1 to 3 years , 32% ( 32 % ) will mature within 3 to 5 years and 18% ( 18 % ) will mature in over 5 years . industry exposure 2014corporate lending . the company also monitors its credit exposure to individual industries for credit exposure arising from corporate loans and lending commitments as discussed above . the following table shows the company 2019s credit exposure from its primary corporate loans and lending commitments by industry at december 31 , 2013 : industry corporate lending exposure ( dollars in millions ) .

Financial table:
industry: energy; corporate lending exposure ( dollars in millions ): $ 12240
industry: utilities; corporate lending exposure ( dollars in millions ): 10410
industry: healthcare; corporate lending exposure ( dollars in millions ): 10095
industry: consumer discretionary; corporate lending exposure ( dollars in millions ): 9981
industry: industrials; corporate lending exposure ( dollars in millions ): 9514
industry: funds exchanges and other financial services ( 1 ); corporate lending exposure ( dollars in millions ): 7190
industry: consumer staples; corporate lending exposure ( dollars in millions ): 6788
industry: information technology; corporate lending exposure ( dollars in millions ): 6526
industry: telecommunications services; corporate lending exposure ( dollars in millions ): 5658
industry: materials; corporate lending exposure ( dollars in millions ): 4867
industry: real estate; corporate lending exposure ( dollars in millions ): 4171
industry: other; corporate lending exposure ( dollars in millions ): 5593
industry: total; corporate lending exposure ( dollars in millions ): $ 93033

Additional report context:
( 1 ) includes mutual funds , pension funds , private equity and real estate funds , exchanges and clearinghouses and diversified financial services . institutional securities other lending activities . in addition to the primary corporate lending activity described above , the institutional securities business segment engages in other lending activity . these loans primarily include corporate loans purchased in the secondary market , commercial and residential mortgage loans , asset-backed loans and financing extended to institutional clients . at december 31 , 2013 , approximately 99.6% ( 99.6 % ) of institutional securities other lending activities held for investment were current ; less than 0.4% ( 0.4 % ) were on non- accrual status because the loans were past due for a period of 90 days or more or payment of principal or interest was in doubt. .

Question: how much of the december 31 , 2013 201cevent- driven 201d loans and commitments will mature in 2014 , in billions?
Answer: 3.1