note 20 commitments in the normal course of business , we have various commitments outstanding , certain of which are not included on our consolidated balance sheet . the following table presents our outstanding commitments to extend credit along with significant other commitments as of december 31 , 2016 and december 31 , 2015 , respectively . table 98 : commitments to extend credit and other commitments in millions december 31 december 31 .

Table: in millions december 312016 december 312015 commitments to extend credit total commercial lending $ 108256 $ 101252 home equity lines of credit 17438 17268 credit card 22095 19937 other 4192 4032 total commitments to extend credit 151981 142489 net outstanding standby letters of credit ( a ) 8324 8765 reinsurance agreements ( b ) 1835 2010 standby bond purchase agreements ( c ) 790 911 other commitments ( d ) 967 966 total commitments to extend credit and other commitments $ 163897 $ 155141

commitments to extend credit , or net unfunded loan commitments , represent arrangements to lend funds or provide liquidity subject to specified contractual conditions . these commitments generally have fixed expiration dates , may require payment of a fee , and contain termination clauses in the event the customer 2019s credit quality deteriorates . net outstanding standby letters of credit we issue standby letters of credit and share in the risk of standby letters of credit issued by other financial institutions , in each case to support obligations of our customers to third parties , such as insurance requirements and the facilitation of transactions involving capital markets product execution . approximately 94% ( 94 % ) and 93% ( 93 % ) of our net outstanding standby letters of credit were rated as pass as of december 31 , 2016 and december 31 , 2015 , respectively , with the remainder rated as below pass . an internal credit rating of pass indicates the expected risk of loss is currently low , while a rating of below pass indicates a higher degree of risk . if the customer fails to meet its financial or performance obligation to the third party under the terms of the contract or there is a need to support a remarketing program , then upon a draw by a beneficiary , subject to the terms of the letter of credit , we would be obligated to make payment to them . the standby letters of credit outstanding on december 31 , 2016 had terms ranging from less than 1 year to 8 years . as of december 31 , 2016 , assets of $ 1.0 billion secured certain specifically identified standby letters of credit . in addition , a portion of the remaining standby letters of credit issued on behalf of specific customers is also secured by collateral or guarantees that secure the customers 2019 other obligations to us . the carrying amount of the liability for our obligations related to standby letters of credit and participations in standby letters of credit was $ .2 billion at december 31 , 2016 and is included in other liabilities on our consolidated balance sheet . the pnc financial services group , inc . 2013 form 10-k 161 .

Question: as of december 31 , 2016 what was the percent of the total commercial lending of the total commitments to extend credit and other commitments
Answer: 66.05%
Calculation: divide(108256, 163897)