vesting, RSUs granted under the 2007 Omnibus Incentive Plan do not have dividend equivalent rights, do not have voting rights and the shares underlying the RSUs are not considered issued and outstanding.
With respect to RSUs granted under the Assumed Plans, in connection with the Company’s assumption of these RSUs the number of shares underlying each RSU were adjusted to reflect the substitution of the Company’s stock for the stock of the applicable acquired company, and certain of these RSUs have dividend equivalent rights.
In 2015, the Company introduced into its executive officer equity compensation program PSUs that vest based on the Company’s total shareholder return ranking relative to the S&P 500 Index over a three-year performance period and are subject to an additional two-year holding period, and are entitled to dividend equivalent rights.
In 2017, 2016 and 2015 one-half of the annual equity awards granted to the Company’s executive officers were granted as stock options, one-quarter were granted as RSUs and one-quarter were granted as PSUs.
The PSUs were issued under the Company’s 2007 Omnibus Incentive Plan.
In connection with the Fortive Separation and pursuant to the anti-dilution provisions of the 2007 Omnibus Incentive Plan, the Company made certain adjustments to the exercise price and the number of shares underlying stock-based compensation awards with the intention of preserving the intrinsic value of the awards prior to the Separation.
Accordingly, the number of shares underlying each stock-based award outstanding as of the date of the Separation was multiplied by a factor of 1.32 and the related exercise price for stock options was divided by a factor of 1.32 which resulted in no increase in the intrinsic value of awards outstanding.
The stock-based compensation awards continue to vest over their original vesting period.
These adjustments to the Company’s stock-based compensation awards did not result in additional compensation expense.
Stockbased compensation awards that were held by employees who transferred to Fortive in connection with the Separation were canceled and replaced by awards issued by Fortive.
The equity compensation awards granted by the Company generally vest only if the employee is employed by the Company (or in the case of directors, the director continues to serve on the Company Board) on the vesting date or in other limited circumstances.
To cover the exercise of options and vesting of RSUs and PSUs, the Company generally issues new shares from its authorized but unissued share pool, although it may instead issue treasury shares in certain circumstances.
The Company accounts for stock-based compensation by measuring the cost of employee services received in exchange for all equity awards granted based on the fair value of the award as of the grant date.
The Company recognizes the compensation expense over the requisite service period (which is generally the vesting period but may be shorter than the vesting period if the employee becomes retirement eligible before the end of the vesting period).
The fair value for RSU awards was calculated using the closing price of the Company’s common stock on the date of grant, adjusted for the fact that RSUs (other than certain RSUs granted under the Assumed Plans) do not accrue dividends.
The fair value of the PSU awards was calculated using a Monte Carlo pricing model.
The fair value of the options granted was calculated using a Black-Scholes Merton option pricing model (“Black-Scholes”).
The following summarizes the assumptions used in the Black-Scholes model to value options granted during the years ended December 31:
## Table 0 ##
The Black-Scholes model incorporates assumptions to value stock-based awards.
The risk-free rate of interest for periods within the contractual life of the option is based on a zero-coupon U. S.  government instrument whose maturity period equals or approximates the option’s expected term.
Expected volatility is based on implied volatility from traded options on the Company’s stock and historical volatility of the Company’s stock.
The dividend yield is calculated by dividing the Company’s annual dividend, based on the most recent quarterly dividend rate, by the closing stock price on the grant date.
To estimate the option exercise timing used in the valuation model (which impacts the risk-free interest rate and the expected years until exercise), in addition to considering the vesting period and contractual term of the option, the Company analyzes and considers actual historical exercise experience for previously granted options.
The Company stratifies its employee population into multiple groups for option valuation and attribution purposes based upon distinctive patterns of forfeiture rates and option holding periods, as indicated by the ranges set forth in the table above for the risk-free interest rate and the expected years until exercise.
The amount of stock-based compensation expense recognized during a period is also based on the portion of the awards that are ultimately expected to vest.
The Company estimates pre-vesting forfeitures at the time of grant by analyzing historical data and
increased investment in programming to support subscriber growth, higher offer costs and continued investment in Presto, partially offset by lower depreciation expense resulting from Foxtel’s reassessment of the useful lives of cable and satellite installations.
Net income decreased as a result of the lower operating income noted above, partially offset by lower income tax expense.
(b) Other equity affiliates, net for the fiscal year ended June 30, 2016 includes losses primarily from the Company’s interests in Draftstars and Elara Technologies, which owns PropTiger.
Interest, net—Interest, net for the fiscal year ended June 30, 2016 decreased $13 million, or 23%, as compared to fiscal 2015, primarily due to the negative impact of foreign currency fluctuations and interest expense associated with the REA Facility.
(See Note 9 to the Consolidated Financial Statements).
## Table 1 ##
(a) REA Group recognized a gain of $29 million resulting from the revaluation of its previously held equity interest in iProperty during the fiscal year ended June 30, 2016.
(See Note 3 to the Consolidated Financial Statements).
(b) The Company recorded write-offs and impairments of certain investments in the fiscal years ended June 30, 2016 and 2015.
These write-offs and impairments were taken either as a result of the deteriorating financial position of the investee or due to an other-than-temporary impairment resulting from sustained losses and limited prospects for recovery.
(See Note 6 to the Consolidated Financial Statements. )
(c) In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million.
As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations.
Income tax benefit (expense)—The Company’s income tax benefit and effective tax rate for the fiscal year ended June 30, 2016 were $54 million and (30%), respectively, as compared to an income tax expense and effective tax rate of $185 million and 34%, respectively, for fiscal 2015.
For the fiscal years ended June 30, 2016 the Company recorded a tax benefit of $54 million on pre-tax income of $181 million resulting in an effective tax rate that was lower than the U. S.  statutory tax.
The lower tax rate was primarily due to a tax benefit of approximately $106 million related to the release of previously established valuation allowances related to certain U. S.  federal net operating losses and state deferred tax assets.
This benefit was recognized in conjunction with management’s plan to dispose of the Company’s digital education business in the first quarter of fiscal 2016, as the Company now expects to generate sufficient U. S.  taxable income to utilize these deferred tax assets prior to expiration.
In addition, the effective tax rate was also impacted by the $29 million non-taxable gain resulting from the revaluation of REA Group’s previously held equity interest in iProperty.
For the fiscal year ended June 30, 2015, the Company’s effective tax rate was lower than the U. S.  statutory tax rate primarily due to the impact from foreign operations which are subject to lower tax rates, partially offset by the impact of nondeductible items and changes in our accrued liabilities for uncertain tax positions.
(See Note 18 to the Consolidated Financial Statements).
PRUDENTIAL FINANCIAL, INC.
Supplemental Combining Statements of Operations Years Ended December 31, 2010 and 2009 (in millions)
## Table 2 ##
See Notes to Supplemental Combining Financial Information
(3) Operating costs of A. J.  Wright prior to closing and costs to close A. J.  Wright stores not converted to other banners ($44 million) and applicable conversion and grand re-opening costs for A. J.  Wright stores converted to Marmaxx and HomeGoods banners ($19 million).
(4) Impact on earnings per share of operating loss and closing costs of A. J.  Wright stores ($0.04 per share) and conversion and grand re-opening costs at Marmaxx and HomeGoods ($0.02 per share).2012 effective tax rate used in computation.
(5) Sales associated with A. J.  Wright prior to closing ($279 million).
(6) Cost of sales, including and buying and occupancy costs associated with closing A. J.  Wright stores, distribution centers and home office ($242 million).
(7) Operating costs of A. J.  Wright prior to closing and costs to close A. J.  Wright stores not being converted to other banners ($177 million).
(8) Reduction of the provision for Computer Intrusion related costs, primarily as a result of insurance proceeds and adjustments to our remaining reserve ($12 million).
(9) Impact on earnings per share of operating losses and closing costs of A. J.  Wright stores ($0.11 per share) and impact on earnings per share of the reduction to the provision for Computer Intrusion related costs ($0.01 per share).2011 effective tax rate used in computation.
The costs to convert A. J.  Wright stores to other banners and to hold grand re-openings affected our Marmaxx and HomeGoods segments in fiscal 2012.
A reconciliation of adjusted segment margin, a non-GAAP financial measure, to segment margin as reported in accordance with GAAP for each of these segments is as follows:

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>Risk-free interest rate</td><td>1.8 – 2.2%</td><td>1.2 – 1.8%</td><td>1.6 – 2.2%</td></tr><tr><td>Weighted average volatility</td><td>17.9%</td><td>24.3%</td><td>24.3%</td></tr><tr><td>Dividend yield</td><td>0.7%</td><td>0.6%</td><td>0.6%</td></tr><tr><td>Expected years until exercise</td><td>5.0 – 8.0</td><td>5.5 – 8.0</td><td>5.5 – 8.0</td></tr></table>
<table><tr><td></td><td>For the fiscal years ended June 30,</td></tr><tr><td>(in millions)</td><td>2016</td><td>2015</td></tr><tr><td>Gain on iProperty transaction<sup>(a)</sup></td><td>$29</td><td>$—</td></tr><tr><td>Impairment of marketable securities and cost method investments<sup>(b)</sup></td><td>-21</td><td>-5</td></tr><tr><td>Gain on sale of marketable securities<sup>(c)</sup></td><td>—</td><td>29</td></tr><tr><td>Dividends received from cost method investments</td><td>—</td><td>25</td></tr><tr><td>Gain on sale of cost method investments</td><td>—</td><td>15</td></tr><tr><td>Other</td><td>10</td><td>11</td></tr><tr><td>Total Other, net</td><td>$18</td><td>$75</td></tr></table>
<table><tr><td></td><td colspan="3">2010</td><td colspan="3">2009</td></tr><tr><td></td><td>Financial Services Businesses</td><td>Closed Block Business</td><td>Consolidated</td><td>Financial Services Businesses</td><td>Closed Block Business</td><td>Consolidated</td></tr><tr><td> REVENUES</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Premiums</td><td>$15,253</td><td>$3,007</td><td>$18,260</td><td>$13,295</td><td>$3,250</td><td>$16,545</td></tr><tr><td>Policy charges and fee income</td><td>3,321</td><td>0</td><td>3,321</td><td>2,833</td><td>0</td><td>2,833</td></tr><tr><td>Net investment income</td><td>8,628</td><td>3,247</td><td>11,875</td><td>8,225</td><td>3,178</td><td>11,403</td></tr><tr><td>Asset management fees and other income</td><td>3,870</td><td>38</td><td>3,908</td><td>4,580</td><td>102</td><td>4,682</td></tr><tr><td>Realized investment gains (losses), net</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other-than-temporary impairments on fixed maturity securities</td><td>-1,937</td><td>-1,079</td><td>-3,016</td><td>-2,256</td><td>-1,465</td><td>-3,721</td></tr><tr><td>Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income</td><td>1,373</td><td>911</td><td>2,284</td><td>1,082</td><td>945</td><td>2,027</td></tr><tr><td>Other realized investment gains (losses), net</td><td>820</td><td>962</td><td>1,782</td><td>-438</td><td>-765</td><td>-1,203</td></tr><tr><td>Total realized investment gains (losses), net</td><td>256</td><td>794</td><td>1,050</td><td>-1,612</td><td>-1,285</td><td>-2,897</td></tr><tr><td>Total revenues</td><td>31,328</td><td>7,086</td><td>38,414</td><td>27,321</td><td>5,245</td><td>32,566</td></tr><tr><td> BENEFITS AND EXPENSES</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Policyholders’ benefits</td><td>14,773</td><td>3,512</td><td>18,285</td><td>12,584</td><td>3,762</td><td>16,346</td></tr><tr><td>Interest credited to policyholders’ account balances</td><td>4,069</td><td>140</td><td>4,209</td><td>4,343</td><td>141</td><td>4,484</td></tr><tr><td>Dividends to policyholders</td><td>118</td><td>2,071</td><td>2,189</td><td>76</td><td>1,222</td><td>1,298</td></tr><tr><td>Amortization of deferred policy acquisition costs</td><td>1,370</td><td>67</td><td>1,437</td><td>1,473</td><td>21</td><td>1,494</td></tr><tr><td>General and administrative expenses</td><td>7,301</td><td>571</td><td>7,872</td><td>6,813</td><td>579</td><td>7,392</td></tr><tr><td>Total benefits and expenses</td><td>27,631</td><td>6,361</td><td>33,992</td><td>25,289</td><td>5,725</td><td>31,014</td></tr><tr><td> INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINTVENTURES</td><td>3,697</td><td>725</td><td>4,422</td><td>2,032</td><td>-480</td><td>1,552</td></tr><tr><td>Income tax expense (benefit)</td><td>1,065</td><td>245</td><td>1,310</td><td>139</td><td>-193</td><td>-54</td></tr><tr><td> INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES</td><td>2,632</td><td>480</td><td>3,112</td><td>1,893</td><td>-287</td><td>1,606</td></tr><tr><td>Equity in earnings of operating joint ventures, net of taxes</td><td>84</td><td>0</td><td>84</td><td>1,523</td><td>0</td><td>1,523</td></tr><tr><td> INCOME (LOSS) FROM CONTINUING OPERATIONS</td><td>2,716</td><td>480</td><td>3,196</td><td>3,416</td><td>-287</td><td>3,129</td></tr><tr><td>Income (loss) from discontinued operations, net of taxes</td><td>9</td><td>1</td><td>10</td><td>-39</td><td>0</td><td>-39</td></tr><tr><td> NET INCOME (LOSS)</td><td>2,725</td><td>481</td><td>3,206</td><td>3,377</td><td>-287</td><td>3,090</td></tr><tr><td>Less: Income (loss) attributable to noncontrolling interests</td><td>11</td><td>0</td><td>11</td><td>-34</td><td>0</td><td>-34</td></tr><tr><td> NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.</td><td>$2,714</td><td>$481</td><td>$3,195</td><td>$3,411</td><td>$-287</td><td>$3,124</td></tr></table>

Question: What's the current growth rate of Policyholders’ benefits for Consolidate?
Answer: 0.11862
Reasoning program: subtract(18285,16346), divide(#0,16346)