Balance Sheet Analysis Table 4 Selected Balance Sheet Data
## Table 0 ##
At December 31, 2007, total assets were $1.7 trillion, an increase of $256.0 billion, or 18 percent, from December 31, 2006.
Growth in period end total assets was due to an increase in loans and leases, AFS debt securities and all other assets.
The increase in loans and leases was attributable to organic growth and the LaSalle merger.
The increases in AFS debt securities and all other assets were driven by the LaSalle merger.
The fair value of the assets acquired in the LaSalle merger was approximately $120 billion.
All other assets also increased due to higher loans held-for-sale and the fair market value adjustment associated with our investment in China Construction Bank (CCB).
Average total assets in 2007 increased $135.4 billion, or nine percent, from 2006 primarily due to the increase in average loans and leases driven by the same factors as described above.
Average trading account assets also increased during 2007 reflective of growth in the underlying business in the first half of 2007.
These increases were partially offset by a decrease in AFS debt securities.
The acquisition of LaSalle occurred in the fourth quarter of 2007 minimizing its impact on the average balance sheet.
At December 31, 2007, total liabilities were $1.6 trillion, an increase of $244.5 billion, or 18 percent, from December 31, 2006.
Average total liabilities in 2007 increased $129.2 billion, or 10 percent, from 2006.
The increase in period end and average total liabilities was attributable to increases in deposits and long-term debt, which were utilized to support the growth in overall assets.
In addition, the increase in period end and average total liabilities was due to the funding of, and the assumption of liabilities associated with, the LaSalle merger.
The fair value of the liabilities assumed in the LaSalle merger was approximately $100 billion.
Trading Account Assets Trading account assets consist primarily of fixed income securities (including government and corporate debt), equity and convertible instruments.
The average balance increased $42.0 billion to $187.3 billion in 2007, due to growth in client-driven market-making activities in interest rate, credit and equity products but was negatively impacted by the market disruptions in the second half of 2007.
For additional information, see Market Risk Management beginning on page 86.
Debt Securities AFS debt securities include fixed income securities such as mortgagebacked securities, foreign debt, ABS, municipal debt, U. S.  Government agencies and corporate debt.
We use the AFS portfolio primarily to manage interest rate risk and liquidity risk and to take advantage of market conditions that create more economically attractive returns on these investments.
The average balance in the debt securities portfolio decreased $38.8 billion from 2006 due to the third quarter 2006 sale of $43.7 billion of mortgage-backed securities as well as maturities and paydowns.
The period end balances were also impacted by the addition of LaSalle.
For additional information on our AFS debt securities portfolio, see Market Risk Management – Securities on page 91 and Note 5 – Securities to the Consolidated Financial Statements.
Loans and Leases, Net of Allowance for Loan and Lease Losses Average loans and leases, net of allowance for loan and lease losses, was $766.3 billion in 2007, an increase of 19 percent from 2006.
The average consumer loan and lease portfolio increased $88.3 billion primarily due to higher retained mortgage production.
The average commercial loan and lease portfolio increased $35.4 billion primarily due to organic growth.
The average commercial and, to a lesser extent, consumer loans and leases increased due to the addition of loans acquired as a result of the LaSalle merger.
For a more detailed discussion of the loan portfolio and the allowance for credit losses, see Credit Risk Management beginning on page 69, Note 6 – Outstanding Loans and Leases and Note 7 – Allowance for Credit Losses to the Consolidated Financial Statements.
All Other Assets Period end all other assets increased $64.4 billion at December 31, 2007, an increase of 23 percent from December 31, 2006, driven primarily by an increase of $15.9 billion in loans held-for-sale and a pre-tax $13.4 billion fair value adjustment associated with our CCB investment.
Additionally, the increase in all other assets was impacted by the LaSalle merger.
Table of Contents Index to Financial Statements 68 US natural gas and NGLs is significantly less than the price for a barrel of crude oil.
In Israel, we sell natural gas under contracts where the majority of the price is fixed, resulting in less commodity price disparity.
(2) Natural gas from the Alba field is under contract for $0.25 per MMBtu to a methanol plant, an LPG plant, an LNG plant and a power generation plant.
The methanol and LPG plants are owned by affiliated entities accounted for under the equity method.
(3) Volumes represent sales of condensate and LPG from the Alba plant in Equatorial Guinea.
An analysis of revenues from sales of crude oil, natural gas and NGLs is as follows:
## Table 1 ##
Crude Oil and Condensate Sales Revenues Revenues from crude oil and condensate sales remained relatively flat in 2016 as compared with 2015 due to the following: ?
higher sales volumes of 9 MBbl/d in the Eagle Ford Shale and Permian Basin primarily attributable to full year consolidation following the Rosetta Merger; ?
sales volumes from the Big Bend and Dantzler developments (deepwater Gulf of Mexico), which began producing fourth quarter 2015 and contributed 12 MBbl/d, net, collectively in 2016; and ?
start up of the deepwater Gulf of Mexico Gunflint development in July 2016 which contributed 3 MBbl/d; partially offset by: ?
a 10% decrease in total consolidated average realized prices primarily due to the decline in global crude oil prices that began in the second half of 2014 and continued into 2016; and ?
decrease in sales volumes due to natural field decline at Aseng and Alen, offshore Equatorial Guinea.
Revenues from crude oil and condensate sales decreased by $1.6 billion, or 46%, in 2015 as compared with 2014 due to the following: ?
a 51% decrease in total consolidated average realized prices primarily due to the decline in global crude oil prices that began in the second half of 2014 and continued in 2015; ?
decrease in sales volumes due to planned downtime and maintenance as well as natural field decline in the deepwater Gulf of Mexico and the Aseng field, offshore Equatorial Guinea; and ?
decrease in sales volumes due to the sale of our China assets at the end of second quarter 2014; partially offset by: ?
higher sales volumes of 7 MBbl/d in the DJ Basin primarily attributable to increased well productivity due to enhanced completion techniques and increased processing capacity; ?
sales volumes of 7 MBbl/d contributed by our recently-acquired Eagle Ford Shale and Permian Basin assets; and ?
start up of the deepwater Gulf of Mexico Rio Grande development in fourth quarter 2015 which contributed 2 MBbl/d.
Natural Gas Sales Revenues Revenues from natural gas sales increased by $183 million, or 17%, in 2016 as compared with 2015.
Although consolidated average realized prices remained flat, sales volume increases were due to the following: ?
higher sales volumes of 93 MMcf/d in the Marcellus Shale primarily attributable to well completion and infrastructure development; ?
higher sales volumes of 81 MMcf/d in the Eagle Ford Shale and Permian Basin primarily attributable to full year consolidation following the Rosetta Merger; ?
record sales volumes from the Tamar field, offshore Israel, which contributed an incremental 29 MMcf/d, in response to higher power generation needs; and ?
higher sales volumes offshore Equatorial Guinea due to the completion of the Alba B3 compression project.
Revenues from natural gas sales decreased by $167 million, or 14%, in 2015 as compared with 2014 due to the following: ?
a 28% decrease in total consolidated average realized natural gas prices, including a 46% decrease in US average realized prices primarily due to oversupply; and
WESTROCK COMPANY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ?
(Continued) 82 The following table summarizes the weighted average life and the allocation to intangible assets recognized in the MPS Acquisition, excluding goodwill (in millions):
## Table 2 ##
None of the intangibles has significant residual value.
We are amortizing the customer relationship intangibles over estimated useful lives ranging from 13 to 16 years based on a straight-line basis because the amortization pattern was not reliably determinable.
Star Pizza Acquisition On March 13, 2017, we completed the Star Pizza Acquisition.
The transaction provided us with a leadership position in the fast growing small-run pizza box market and increases our vertical integration.
The purchase price was $34.6 million, net of a $0.7 million working capital settlement.
We have fully integrated the approximately 22,000 tons of containerboard used by Star Pizza annually.
We have included the financial results of the acquired assets since the date of the acquisition in our Corrugated Packaging segment.
The purchase price allocation for the acquisition primarily included $24.8 million of customer relationship intangible assets and $2.2 million of goodwill.
We are amortizing the customer relationship intangibles over 10 years based on a straight-line basis because the amortization pattern was not reliably determinable.
The fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition (e. g. , enhanced reach of the combined organization and other synergies), and the assembled work force.
The goodwill and intangibles are amortizable for income tax purposes.
Packaging Acquisition On January 19, 2016, we completed the Packaging Acquisition.
The entities acquired provide value-added folding carton and litho-laminated display packaging solutions.
The purchase price was $94.1 million, net of cash received of $1.7 million, a working capital settlement and a $3.5 million escrow receipt in the first quarter of fiscal 2017.
The transaction is subject to an election under Section 338(h)(10) of the Code that increases the U. S.  tax basis in the acquired U. S.  entities.
We believe the transaction has provided us with attractive and complementary customers, markets and facilities.
We have included the financial results of the acquired entities since the date of the acquisition in our Consumer Packaging segment.
The purchase price allocation for the acquisition primarily included $55.0 million of property, plant and equipment, $10.5 million of customer relationship intangible assets, $9.3 million of goodwill and $25.8 million of liabilities, including $1.3 million of debt.
We are amortizing the customer relationship intangibles over estimated useful lives ranging from 9 to 15 years based on a straight-line basis because the amortization pattern was not reliably determinable.
The fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition (e. g. , enhanced reach of the combined organization and other synergies), and the assembled work force.
The goodwill and intangibles of the U. S.  entities are amortizable for income tax purposes.
SP Fiber On October 1, 2015, we completed the SP Fiber Acquisition in a stock purchase.
The transaction included the acquisition of mills located in Dublin, GA and Newberg, OR, which produce lightweight recycled containerboard and kraft and bag paper.
The Newberg mill also produced newsprint.
As part of the transaction, we also acquired SP Fiber's 48% interest in GPS.
GPS is a joint venture providing steam to the Dublin mill and electricity to Georgia Power.
The purchase price was $278.8 million, net of cash received of $9.2 million and a working capital

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="2"> December 31</td><td colspan="2"> Average Balance</td></tr><tr><td>(Dollars in millions)</td><td> 2007</td><td>2006</td><td> 2007</td><td>2006</td></tr><tr><td> Assets</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal funds sold and securities purchased under agreements to resell</td><td>$129,552</td><td>$135,478</td><td>$155,828</td><td>$175,334</td></tr><tr><td>Trading account assets</td><td>162,064</td><td>153,052</td><td>187,287</td><td>145,321</td></tr><tr><td>Debt securities</td><td>214,056</td><td>192,846</td><td>186,466</td><td>225,219</td></tr><tr><td>Loans and leases, net of allowance for loan and lease losses</td><td>864,756</td><td>697,474</td><td>766,329</td><td>643,259</td></tr><tr><td>All other assets</td><td>345,318</td><td>280,887</td><td>306,163</td><td>277,548</td></tr><tr><td> Total assets</td><td>$1,715,746</td><td>$1,459,737</td><td>$1,602,073</td><td>$1,466,681</td></tr><tr><td> Liabilities</td><td></td><td></td><td></td><td></td></tr><tr><td>Deposits</td><td>$805,177</td><td>$693,497</td><td>$717,182</td><td>$672,995</td></tr><tr><td>Federal funds purchased and securities sold under agreements to repurchase</td><td>221,435</td><td>217,527</td><td>253,481</td><td>286,903</td></tr><tr><td>Trading account liabilities</td><td>77,342</td><td>67,670</td><td>82,721</td><td>64,689</td></tr><tr><td>Commercial paper and other short-term borrowings</td><td>191,089</td><td>141,300</td><td>171,333</td><td>124,229</td></tr><tr><td>Long-term debt</td><td>197,508</td><td>146,000</td><td>169,855</td><td>130,124</td></tr><tr><td>All other liabilities</td><td>76,392</td><td>58,471</td><td>70,839</td><td>57,278</td></tr><tr><td> Total liabilities</td><td>1,568,943</td><td>1,324,465</td><td>1,465,411</td><td>1,336,218</td></tr><tr><td> Shareholders’ equity</td><td>146,803</td><td>135,272</td><td>136,662</td><td>130,463</td></tr><tr><td> Total liabilities and shareholders’ equity</td><td>$1,715,746</td><td>$1,459,737</td><td>$1,602,073</td><td>$1,466,681</td></tr></table>
<table><tr><td></td><td>Crude Oil &Condensate</td><td>NaturalGas</td><td>NGLs</td><td>Total</td></tr><tr><td>(millions)</td><td></td><td></td><td></td><td></td></tr><tr><td>2014 Sales Revenues</td><td>$3,438</td><td>$1,223</td><td>$284</td><td>$4,945</td></tr><tr><td>Changes due to</td><td></td><td></td><td></td><td></td></tr><tr><td>Increase in Sales Volumes</td><td>306</td><td>241</td><td>181</td><td>728</td></tr><tr><td>Decrease in Sales Prices</td><td>-1,904</td><td>-408</td><td>-268</td><td>-2,580</td></tr><tr><td>2015 Sales Revenues</td><td>$1,840</td><td>$1,056</td><td>$197</td><td>$3,093</td></tr><tr><td>Changes due to</td><td></td><td></td><td></td><td></td></tr><tr><td>Increase in Sales Volumes</td><td>153</td><td>190</td><td>84</td><td>427</td></tr><tr><td>Increase (Decrease) in Sales Prices</td><td>-139</td><td>-7</td><td>15</td><td>-131</td></tr><tr><td>2016 Sales Revenues</td><td>$1,854</td><td>$1,239</td><td>$296</td><td>$3,389</td></tr></table>
<table><tr><td></td><td>Weighted Avg.Life</td><td>AmountsRecognized as ofthe AcquisitionDate</td></tr><tr><td>Customer relationships</td><td>14.6</td><td>$1,008.7</td></tr><tr><td>Trademarks and tradenames</td><td>3.0</td><td>15.2</td></tr><tr><td>Photo library</td><td>10.0</td><td>2.5</td></tr><tr><td>Total</td><td>14.4</td><td>$1,026.4</td></tr></table>

Question: What will Average Balance for Total assets reach in 2008 if it continues to grow at its current rate? (in million)
Answer: 1.74996e+06
Reasoning program: subtract(1602073,1466681), divide(#0,1466681), add(const_1,#1), multiply(1602073,#2)