aveni-ai/aveni-bench-tat-qa huggingface dataset:
16. Income Taxes The provisions (benefits) for income taxes differed from the amount computed by applying the federal statutory income tax rate to income (loss) before income taxes due to the following items for the years ended December 31, 2019 and 2018 (in millions): The income tax benefit as of December 31, 2019 is $20.6 million. The benefit was primarily driven by a net valuation allowance release of $37.4 million related to the Insurance segment partially offset by an impairment of goodwill which is not deductible for tax purposes. The Insurance segment is profitable in 2019 and in a three-year overall cumulative income position as of December 31, 2019. The profitability is driven by current year income associated with favorable claims and reserve development relative to expected. Further, unrealized gains from the investment portfolio continued to grow in 2019. The amount recorded as of December 31, 2018 primarily relates to separate state filings that do not have net operating losses available to offset income. In the third quarter of 2018, the Insurance segment acquired Humana’s long-term care business, Kanawha Insurance Company. The combined insurance entity generated a net operating loss for the year due to additional tax deductions related to increases in policy holder reserves. In addition, the bargain purchase gain is not taxable. This net operating loss was carried forward but had a valuation allowance. Additionally, the income tax expense generated from the sale of BeneVir in the second quarter of 2018 is offset by tax attributes for which a valuation allowance had been recorded. Therefore, there is no net income tax expense recorded in the income statement for the sale.

Years Ended December 31,

2019	2018

Tax provision (benefit) at federal statutory rate	$ (11.9)	$ 38.3

Permanent differences	0.3	1.5

State tax, net of federal benefit	(7.3)	6.2

Foreign rate differential	1.4	(0.9)

Minority interest	0.2	(4.6)

Executive and stock compensation	2.5	3.5

Increase (decrease) in valuation allowance	(7.6)	(43.8)

Transaction costs	0.1	1.5

Tax credits generated/utilized	(2.2)	—

Return to provision	(6.0)	15.6

ASU 2017-11 adoption	(1.3)	—

Goodwill impairment	10.9	—

Gain/loss on sale or deconsolidation of a subsidiary	—	5.7

Bargain purchase gain	—	(24.2)

Other	(1.8)	3.6

Warrant liability	2.1	—

Income tax (benefit) expense	$ (20.6)	$ 2.4

Question: What was the change in the Tax provision (benefit) at federal statutory rate from 2018 to 2019?
Answer: -50.2
16. Income Taxes The provisions (benefits) for income taxes differed from the amount computed by applying the federal statutory income tax rate to income (loss) before income taxes due to the following items for the years ended December 31, 2019 and 2018 (in millions): The income tax benefit as of December 31, 2019 is $20.6 million. The benefit was primarily driven by a net valuation allowance release of $37.4 million related to the Insurance segment partially offset by an impairment of goodwill which is not deductible for tax purposes. The Insurance segment is profitable in 2019 and in a three-year overall cumulative income position as of December 31, 2019. The profitability is driven by current year income associated with favorable claims and reserve development relative to expected. Further, unrealized gains from the investment portfolio continued to grow in 2019. The amount recorded as of December 31, 2018 primarily relates to separate state filings that do not have net operating losses available to offset income. In the third quarter of 2018, the Insurance segment acquired Humana’s long-term care business, Kanawha Insurance Company. The combined insurance entity generated a net operating loss for the year due to additional tax deductions related to increases in policy holder reserves. In addition, the bargain purchase gain is not taxable. This net operating loss was carried forward but had a valuation allowance. Additionally, the income tax expense generated from the sale of BeneVir in the second quarter of 2018 is offset by tax attributes for which a valuation allowance had been recorded. Therefore, there is no net income tax expense recorded in the income statement for the sale.

Years Ended December 31,

2019	2018

Tax provision (benefit) at federal statutory rate	$ (11.9)	$ 38.3

Permanent differences	0.3	1.5

State tax, net of federal benefit	(7.3)	6.2

Foreign rate differential	1.4	(0.9)

Minority interest	0.2	(4.6)

Executive and stock compensation	2.5	3.5

Increase (decrease) in valuation allowance	(7.6)	(43.8)

Transaction costs	0.1	1.5

Tax credits generated/utilized	(2.2)	—

Return to provision	(6.0)	15.6

ASU 2017-11 adoption	(1.3)	—

Goodwill impairment	10.9	—

Gain/loss on sale or deconsolidation of a subsidiary	—	5.7

Bargain purchase gain	—	(24.2)

Other	(1.8)	3.6

Warrant liability	2.1	—

Income tax (benefit) expense	$ (20.6)	$ 2.4

Question: What was the average Permanent differences value for 2018 and 2019?
Answer: 0.9
16. Income Taxes The provisions (benefits) for income taxes differed from the amount computed by applying the federal statutory income tax rate to income (loss) before income taxes due to the following items for the years ended December 31, 2019 and 2018 (in millions): The income tax benefit as of December 31, 2019 is $20.6 million. The benefit was primarily driven by a net valuation allowance release of $37.4 million related to the Insurance segment partially offset by an impairment of goodwill which is not deductible for tax purposes. The Insurance segment is profitable in 2019 and in a three-year overall cumulative income position as of December 31, 2019. The profitability is driven by current year income associated with favorable claims and reserve development relative to expected. Further, unrealized gains from the investment portfolio continued to grow in 2019. The amount recorded as of December 31, 2018 primarily relates to separate state filings that do not have net operating losses available to offset income. In the third quarter of 2018, the Insurance segment acquired Humana’s long-term care business, Kanawha Insurance Company. The combined insurance entity generated a net operating loss for the year due to additional tax deductions related to increases in policy holder reserves. In addition, the bargain purchase gain is not taxable. This net operating loss was carried forward but had a valuation allowance. Additionally, the income tax expense generated from the sale of BeneVir in the second quarter of 2018 is offset by tax attributes for which a valuation allowance had been recorded. Therefore, there is no net income tax expense recorded in the income statement for the sale.

Years Ended December 31,

2019	2018

Tax provision (benefit) at federal statutory rate	$ (11.9)	$ 38.3

Permanent differences	0.3	1.5

State tax, net of federal benefit	(7.3)	6.2

Foreign rate differential	1.4	(0.9)

Minority interest	0.2	(4.6)

Executive and stock compensation	2.5	3.5

Increase (decrease) in valuation allowance	(7.6)	(43.8)

Transaction costs	0.1	1.5

Tax credits generated/utilized	(2.2)	—

Return to provision	(6.0)	15.6

ASU 2017-11 adoption	(1.3)	—

Goodwill impairment	10.9	—

Gain/loss on sale or deconsolidation of a subsidiary	—	5.7

Bargain purchase gain	—	(24.2)

Other	(1.8)	3.6

Warrant liability	2.1	—

Income tax (benefit) expense	$ (20.6)	$ 2.4

Question: What was the percentage change in the Foreign rate differential from 2018 to 2019?
Answer: -2.56
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: Which years does the table provide information for?
Answer: 2019; 2018; 2017
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: What was the Current Federal provision for income tax in 2019?
Answer: 26
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: What was the Current State provision for income tax in 2017?
Answer: 3
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: How many years did current foreign provision for income tax exceed $40 million?
Answer: 2
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: What was the change in total current provision for income tax between 2017 and 2018?
Answer: 747
14. Income Taxes The provision for income taxes consists of the following (in millions):

Year Ended

April 26, 2019	April 27, 2018	April 28, 2017

Current:

Federal	$ 26	$ 764	$ 22

State	27	10	3

Foreign	49	39	41

Total current	102	813	66

Deferred:

Federal	35	239	61

State	(6 )	27	17

Foreign	(32 )	4	(4 )

Total deferred	(3 )	270	74

Provision for income taxes	$ 99	$ 1,083	$ 140

Question: What was the total percentage change in the provision for income taxes between 2017 and 2019?
Answer: -29.29
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: What was the  accumulated benefit obligation for the United States defined benefit pension plans in 2019?
Answer: $198.2 million
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: In which years is information of the accumulated benefit obligation provided?
Answer: 2019; 2018
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: In which regions is information of the accumulated benefit obligation provided?
Answer: United States; Foreign
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: In which year was the accumulated benefit obligation for foreign defined benefit pension plans larger?
Answer: 2019
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: What was the change in the accumulated benefit obligation for foreign defined benefit pension plans in 2019 from 2018?
Answer: 4.3
The accumulated benefit obligation for the United States defined benefit pension plans was $198.2 million and $172.8 million at December 31, 2019 and 2018, respectively. The accumulated benefit obligation for foreign defined benefit pension plans was $39.9 million and $35.6 million at December 31, 2019 and 2018, respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets as of December 31:

2019	2018

United States	Foreign	United States	Foreign

(in millions)

Projected benefit obligation	$55.3	$44.0	$50.8	$39.1

Accumulated benefit obligation	53.2	39.9	48.6	35.6

Fair value of plan assets	—	1.6	—	1.4

Question: What was the percentage change in the accumulated benefit obligation for foreign defined benefit pension plans in 2019 from 2018?
Answer: 12.08
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: What do non-current assets exclude?
Answer: trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: What do the non-current assets under America in 2019 include?
Answer: United States non-current assets of $182.4 million
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: Where are the operating segments for non-current assets in the table?
Answer: Americas; Asia Pacific; Europe, Middle East and Africa
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: In which year was the amount of non-current assets in Asia Pacific larger?
Answer: 2019
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: What was the non-current assets of United Kingdom as a percentage of the total amount in Europe, Middle East and Africa in 2019?
Answer: 60
3. Operating segments continued Note 1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset. Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).

2019	2018

$ million	$ million

Non-current assets1

Americas	196.9	184.6

Asia Pacific	7.4	4.4

Europe, Middle East and Africa	11.5	5.1

215.8	194.1

Question: What was the percentage change in non-current assets in Asia Pacific?
Answer: 68.18
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What are the respective accrued interest in 2018 and 2019?
Answer: 1,598; 163
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What are the respective accrued expense in 2018 and 2019?
Answer: 7,362; 11,569
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What are the respective total accrued liabilities in 2018 and 2019?
Answer: 8,960; 15,562
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What is the total accrued liabilities in 2018 and 2019?
Answer: 24522
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What is the average total accrued liabilities in 2018 and 2019?
Answer: 12261
12. ACCRUED LIABILITIES The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

All figures in USD ‘000	2019	2018

Accrued Interest	163	1,598

Accrued Expenses	11,569	7,362

Settlement Deferred Compensation Liabilities	3,830	-

Total as of December 31,	15,562	8,960

Question: What is the percentage change in total accrued liabilities in 2018 and 2019?
Answer: 73.68
(b) Credit Quality of Financing Receivables Gross receivables, excluding residual value, less unearned income categorized by our internal credit risk rating as of July 27, 2019 and July 28, 2018 are summarized as follows (in millions): We determine the adequacy of our allowance for credit loss by assessing the risks and losses inherent in our financing receivables by portfolio segment. The portfolio segment is based on the types of financing offered by us to our customers, which consist of the following: lease receivables, loan receivables, and financed service contracts. Our internal credit risk ratings of 1 through 4 correspond to investment-grade ratings, while credit risk ratings of 5 and 6 correspond to non-investment grade ratings. Credit risk ratings of 7 and higher correspond to substandard ratings.

INTERNAL CREDIT RISK RATING

July 27, 2019	1 to 4	5 to 6	7 and Higher	Total

Lease receivables	$1,204	$991	$35	$2,230

Loan receivables	3,367	1,920	151	5,438

Financed service contracts	1,413	939	17	2,369

Total	$5,984	$3,850	$203	$10,037

Question: How did the company determine the adequacy for their allowance for credit loss?
Answer: assessing the risks and losses inherent in our financing receivables by portfolio segment.