income was due primarily to the adoption of Statement of Position 03-1, “Accounting and Reporting by Insurance Enterprises for Certain Nontraditional Long-Duration Contracts and for Separate Accounts” (“SOP 03-1”), which resulted in $1.6 billion of net investment income.2003 Compared to 2002 — Revenues for the year ended December 31, 2003 increased $2.3 billion over the comparable 2002 period.
Revenues increased due to earned premium growth within the Business Insurance, Specialty Commercial and Personal Lines segments, primarily as a result of earned pricing increases, higher earned premiums and net investment income in the Retail Products segment and net realized capital gains in 2003 as compared to net realized capital losses in 2002.
Total benefits, claims and expenses increased $3.9 billion for the year ended December 31, 2003 over the comparable prior year period primarily due to the Company’s $2.6 billion asbestos reserve strengthening during the first quarter of 2003 and due to increases in the Retail Products segment associated with the growth in the individual annuity and institutional investments businesses.
The net loss for the year ended December 31, 2003 was primarily due to the Company’s first quarter 2003 asbestos reserve strengthening of $1.7 billion, after-tax.
Included in net loss for the year ended December 31, 2003 are $40 of after-tax expense related to the settlement of litigation with Bancorp Services, LLC (“Bancorp”) and $27 of severance charges, after-tax, in Property & Casualty.
Included in net income for the year ended December 31, 2002 are the $8 after-tax benefit recognized by Hartford Life, Inc.  (“HLI”) related to the reduction of HLI’s reserves associated with September 11 and $11 of after-tax expense related to litigation with Bancorp.
Net Realized Capital Gains and Losses See “Investment Results” in the Investments section.
Income Taxes The effective tax rate for 2004, 2003 and 2002 was 15%, 83% and 6%, respectively.
The principal causes of the difference between the effective rates and the U. S.  statutory rate of 35% were tax-exempt interest earned on invested assets, the dividends-received deduction, the tax benefit associated with the settlement of the 1998-2001 IRS audit in 2004 and the tax benefit associated with the settlement of the 1996-1997 IRS audit in 2002.
Income taxes paid (received) in 2004, 2003 and 2002 were $32, ($107) and ($102) respectively.
For additional information, see Note 13 of Notes to Consolidated Financial Statements.
Per Common Share The following table represents earnings per common share data for the past three years:
## Table 0 ##
[1] As a result of the net loss for the year ended December 31, 2003, SFAS No.128, “Earnings Per Share”, requires the Company to use basic weighted average common shares outstanding in the calculation of the year ended December 31, 2003 diluted earnings (loss) per share, since the inclusion of options of 1.8 would have been antidilutive to the earnings per share calculation.
In the absence of the net loss, weighted average common shares outstanding and dilutive potential common shares would have totaled 274.2.
LIFE Executive Overview The Company provides investment and retirement products such as variable and fixed annuities, mutual funds and retirement plan services and other institutional products; individual and corporate owned life insurance; and, group benefit products, such as group life and group disability insurance.
The Company derives its revenues principally from: (a) fee income, including asset management fees, on separate account and mutual fund assets and mortality and expense fees, as well as cost of insurance charges; (b) net investment income on general account assets; (c) fully insured premiums; and (d) certain other fees.
Asset management fees and mortality and expense fees are primarily generated from separate account assets, which are deposited with the Company through the sale of variable annuity and variable universal life products and from mutual funds.
Cost of insurance charges are assessed on the net amount at risk for investment-oriented life insurance products.
Premium revenues are derived primarily from the sale of group life, and group disability and individual term insurance products.
The Company’s expenses essentially consist of interest credited to policyholders on general account liabilities, insurance benefits provided, amortization of the deferred policy acquisition costs, expenses related to the selling and servicing the various products offered by the Company, dividends to policyholders, and other general business expenses.
THE HARTFORD FINANCIAL SERVICES GROUP, INC.  Notes to Consolidated Financial Statements (continued)
## Table 1 ##
Macro Hedge Program The Company utilizes equity swaps, options, futures, and forwards to provide partial protection against the statutory tail scenario risk arising from GMWB and the guaranteed minimum death benefit (“GMDB”) liabilities on the Company’s statutory surplus.
These derivatives cover some of the residual risks not otherwise covered by the dynamic hedging program.
Contingent Capital Facility Put Option The Company entered into a put option agreement that provides the Company the right to require a third-party trust to purchase, at any time, The Hartford’s junior subordinated notes in a maximum aggregate principal amount of $500.
On February 8, 2017, The Hartford exercised the put option resulting in the issuance of $500 in junior subordinated notes with proceeds received on February 15, 2017.
Under the put option agreement, The Hartford had been paying premiums on a periodic basis and has agreed to reimburse the trust for certain fees and ordinary expenses.
For further information on the put option agreement, see the Contingent Capital Facility section within Note 13 - Debt.
Modified Coinsurance Reinsurance Contracts As of December 31, 2016 and 2015, the Company had approximately $875 and $895, respectively, of invested assets supporting other policyholder funds and benefits payable reinsured under a modified coinsurance arrangement in connection with the sale of the Individual Life business, which was structured as a reinsurance transaction.
The assets are primarily held in a trust established by the Company.
The Company pays or receives cash quarterly to settle the operating results of the reinsured business, including the investment results.
As a result of this modified coinsurance arrangement, the Company has an embedded derivative that transfers to the reinsurer certain unrealized changes in fair value of investments subject to interest rate and credit risk.
The notional amount of the embedded derivative reinsurance contracts are the invested assets which are carried at fair value and support the reinsured reserves.
Derivative Balance Sheet Classification For reporting purposes, the Company has elected to offset within assets or liabilities based upon the net of the fair value amounts, income accruals, and related cash collateral receivables and payables of OTC derivative instruments executed in a legal entity and with the same counterparty under a master netting agreement, which provides the Company with the legal right of offset.
The Company has also elected to offset within assets or liabilities based upon the net of the fair value amounts, income accruals and related cash collateral receivables and payables of OTC-cleared derivative instruments based on clearing house agreements.
The following fair value amounts do not include income accruals or related cash collateral receivables and payables, which are netted with derivative fair value amounts to determine balance sheet presentation.
Derivative fair value reported as liabilities after taking into account the master netting agreements was $963 and $1.1 billion as of December 31, 2016 and 2015, respectively.
Derivatives in the Company’s separate accounts, where the associated gains and losses accrue directly to policyholders, are not included in the table below.
The Company’s derivative instruments are held for risk management purposes, unless otherwise noted in the following table.
The notional amount of derivative contracts represents the basis upon which pay or receive amounts are calculated and is presented in the table to quantify the volume of the Company’s derivative activity.
Notional amounts are not necessarily reflective of credit risk.
The following tables exclude investments that contain an embedded credit derivative for which the Company has elected the fair value option.
For further discussion, see the Fair Value Option section in Note 5 - Fair Value Measurements of Notes to the Consolidated Financial Statements
Part II - Item 7.
Management's Discussion and Analysis of Financial Condition and Results of Operations 39 Net Investment Income
## Table 2 ##
[1] Yields calculated using annualized net investment income divided by the monthly average invested assets at amortized cost as applicable, excluding repurchase agreement and securities lending collateral, if any, and derivatives book value.
[2] Includes net investment income on short-term investments.
[3] Primarily includes income from derivatives that qualify for hedge accounting and hedge fixed maturities.
Year ended December 31, 2017 compared to the year ended December 31, 2016 Total net investment income increased primarily due to higher income from limited partnerships and other alternative investments, partially offset by lower make-whole payment income on fixed maturities and increased investment expense.
Income from limited partnerships and other alternative investments increased due to higher valuation write-ups of private equity partnerships and strong returns on real estate investments in 2017.
Annualized net investment income yield excluding limited partnerships and other alternative investments, was 3.7% in 2017 and 3.8% in 2016.
Excluding make-whole payment income on fixed maturities, income received from previously impaired securities, and prepayment penalties on mortgage loans, the annualized investment income yield, excluding limited partnerships and other alternative investments, was 3.6% in 2017 consistent with that of the same period for 2016.
Average reinvestment rate excluding certain U. S.  Treasury securities and cash equivalent securities, for the year ended December 31, 2017, was approximately 3.5% which was below the average yield of sales and maturities of 3.7% for the same period.
For the year ended December 31, 2017, the average reinvestment rate of 3.5% remained consistent with that of the same period in 2016.
We expect the annualized net investment income yield for the 2018 calendar year, excluding limited partnerships and other alternative investments, to be slightly below the portfolio yield earned in 2017.
This assumes the Company earns less income in 2018 from make-whole payment income on fixed maturities and recoveries on previously impaired securities than it did in 2017 and that reinvestment rates continue to be below the average yield of sales and maturities.
The estimated impact on net investment income is subject to change as the composition of the portfolio changes through portfolio management and changes in market conditions.
Year ended December 31, 2016 compared to the year ended December 31, 2015 Total net investment income increased primarily due to higher asset levels, partially offset by lower make-whole payments on fixed maturities as well as reinvesting at lower interest rates.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>2004</td><td>2003</td><td>2002</td></tr><tr><td>Basic earnings (loss) per share</td><td>$7.24</td><td>$-0.33</td><td>$4.01</td></tr><tr><td>Diluted earnings (loss) per share [1]</td><td>$7.12</td><td>$-0.33</td><td>$3.97</td></tr><tr><td>Weighted average common shares outstanding (basic)</td><td>292.3</td><td>272.4</td><td>249.4</td></tr><tr><td>Weighted average common shares outstanding and dilutivepotential common shares (diluted) [1]</td><td>297.0</td><td>272.4</td><td>251.8</td></tr></table>
<table><tr><td></td><td colspan="2">Notional Amount As of December 31,</td><td colspan="2">Fair Value As of December 31,</td></tr><tr><td></td><td>2016</td><td>2015</td><td>2016</td><td>2015</td></tr><tr><td>Customized swaps</td><td>$5,191</td><td>$5,877</td><td>$100</td><td>$131</td></tr><tr><td>Equity swaps, options, and futures</td><td>1,362</td><td>1,362</td><td>-27</td><td>2</td></tr><tr><td>Interest rate swaps and futures</td><td>3,703</td><td>3,740</td><td>21</td><td>25</td></tr><tr><td>Total</td><td>$10,256</td><td>$10,979</td><td>$94</td><td>$158</td></tr></table>
<table><tr><td></td><td colspan="6">For the years ended December 31,</td></tr><tr><td></td><td colspan="2">2017</td><td colspan="2">2016</td><td colspan="2">2015</td></tr><tr><td>(Before tax)</td><td>Amount</td><td>Yield [1]</td><td>Amount</td><td>Yield [1]</td><td>Amount</td><td>Yield [1]</td></tr><tr><td>Fixed maturities [2]</td><td>$1,303</td><td>3.9%</td><td>$1,319</td><td>4.0%</td><td>$1,301</td><td>3.9%</td></tr><tr><td>Equity securities</td><td>24</td><td>2.8%</td><td>22</td><td>3.2%</td><td>17</td><td>2.6%</td></tr><tr><td>Mortgage loans</td><td>124</td><td>4.1%</td><td>116</td><td>4.2%</td><td>115</td><td>4.4%</td></tr><tr><td>Limited partnerships and other alternative investments</td><td>174</td><td>12.0%</td><td>128</td><td>8.6%</td><td>130</td><td>8.0%</td></tr><tr><td>Other [3]</td><td>49</td><td></td><td>51</td><td></td><td>57</td><td></td></tr><tr><td>Investment expense</td><td>-71</td><td></td><td>-59</td><td></td><td>-59</td><td></td></tr><tr><td>Total net investment income</td><td>$1,603</td><td>4.0%</td><td>$1,577</td><td>4.0%</td><td>$1,561</td><td>3.9%</td></tr><tr><td>Total net investment income excluding limited partnerships and other alternative investments</td><td>$1,429</td><td>3.7%</td><td>$1,449</td><td>3.8%</td><td>$1,431</td><td>3.8%</td></tr></table>

Question: What's the average of the Mortgage loans for Amount in the years where Equity swaps, options, and futures for Notional Amount As of December 31, is positive?
Answer: 115.5
Reasoning program: add(116,115), divide(#0,2)