Notes to Consolidated Financial Statements The table below presents information regarding Group Inc. ’s regulatory capital ratios and Tier 1 leverage ratio under Basel I, as implemented by the Federal Reserve Board.
The information as of December 2013 reflects the revised market risk regulatory capital requirements.
These changes resulted in increased regulatory capital requirements for market risk.
The information as of December 2012 is prior to the implementation of these revised market risk regulatory capital requirements.
## Table 0 ##
Revised Capital Framework The U. S.  federal bank regulatory agencies (Agencies) have approved revised risk-based capital and leverage ratio regulations establishing a new comprehensive capital framework for U. S.  banking organizations (Revised Capital Framework).
These regulations are largely based on the Basel Committee’s December 2010 final capital framework for strengthening international capital standards (Basel III) and also implement certain provisions of the Dodd-Frank Act.
Under the Revised Capital Framework, Group Inc.  is an “Advanced approach” banking organization.
Below are the aspects of the rules that are most relevant to the firm, as an Advanced approach banking organization.
Definition of Capital and Capital Ratios.
The Revised Capital Framework introduced changes to the definition of regulatory capital, which, subject to transitional provisions, became effective across the firm’s regulatory capital and leverage ratios on January 1, 2014.
These changes include the introduction of a new capital measure called Common Equity Tier 1 (CET1), and the related regulatory capital ratio of CET1 to RWAs (CET1 ratio).
In addition, the definition of Tier 1 capital has been narrowed to include only CET1 and instruments such as perpetual noncumulative preferred stock, which meet certain criteria.
Certain aspects of the revised requirements phase in over time.
These include increases in the minimum capital ratio requirements and the introduction of new capital buffers and certain deductions from regulatory capital (such as investments in nonconsolidated financial institutions).
In addition, junior subordinated debt issued to trusts is being phased out of regulatory capital.
The minimum CET1 ratio is 4.0% as of January 1, 2014 and will increase to 4.5% on January 1, 2015.
The minimum Tier 1 capital ratio increased from 4.0% to 5.5% on January 1, 2014 and will increase to 6.0% beginning January 1, 2015.
The minimum Total capital ratio remains unchanged at 8.0%.
These minimum ratios will be supplemented by a new capital conservation buffer that phases in, beginning January 1, 2016, in increments of 0.625% per year until it reaches 2.5% on January 1, 2019.
The Revised Capital Framework also introduces a new counter-cyclical capital buffer, to be imposed in the event that national supervisors deem it necessary in order to counteract excessive credit growth.
Risk-Weighted Assets.
In February 2014, the Federal Reserve Board informed us that we have completed a satisfactory “parallel run,” as required of Advanced approach banking organizations under the Revised Capital Framework, and therefore changes to RWAs will take effect beginning with the second quarter of 2014.
Accordingly, the calculation of RWAs in future quarters will be based on the following methodologies: ‰ During the first quarter of 2014 — the Basel I risk-based capital framework adjusted for certain items related to existing capital deductions and the phase-in of new capital deductions (Basel I Adjusted); ‰ During the remaining quarters of 2014 — the higher of RWAs computed under the Basel III Advanced approach or the Basel I Adjusted calculation; and ‰ Beginning in the first quarter of 2015 — the higher of RWAs computed under the Basel III Advanced or Standardized approach.
VF CORPORATION Notes to Consolidated Financial Statements December 2017 The LSG results recorded in the income (loss) from discontinued operations, net of tax line item were losses of $4.6 million for 2017 (including the loss on sale of $4.1 million) and income of $63.3 million and $44.2 million for 2016 and 2015, respectively.
In the fourth quarter of 2017, VF completed the sale of the assets associated with the JanSport?
brand collegiate business, which was previously included within our Outdoor & Action Sports coalition.
The Company received net proceeds of $1.5 million and recorded an after-tax loss on sale of $0.2 million, which is included in the income (loss) from discontinued operations, net of tax line item in the 2017 Consolidated Statements of Income.
The JanSport?
brand collegiate results recorded in the income (loss) from discontinued operations, net oftax line item were losses of $6.5 million (including the loss on sale of $0.2 million), $1.0 million and $0.2 million for 2017, 2016 and 2015, respectively.
Certain corporate overhead and other costs previously allocated to the Licensing Business for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations.
Under the terms of the transition services agreement, the Company is providing certain support services for periods ranging from three to 24 months from the closing date of the transaction.
Revenue and expense items associated with the transition services are primarily recorded in the Imagewear coalition.
Contemporrarry Brrands Coalition Beginning in the second quarter of 2016, VF reported the results of the Contemporary Brands coalition within discontinued operations in the Consolidated Statements of Income.
These changes have been applied for all periods presented.
On August 26, 2016, VF completed the sale of its Contemporary Brands coalition to Delta Galil Industries, Ltd.  for $116.0 million, net of cash sold.
The Contemporary Brands coalition included the businesses of the 7 FFor All Mankind?, Splendid?
and Ella Moss?
brands and was previously disclosed as a separate reportable segment of VF.
The transaction resulted in an after-tax loss on sale of $104.4 million which was included in the income (loss) from discontinued operations, net of tax line item in the 2016 Consolidated Statement of Income.
The results of the Contemporary Brands coalition recorded in the income (loss) from discontinued operations, net of tax line item were losses of $98.4 million (including the loss on sale of $104.4 million) and $83.5 million for 2016 and 2015, respectively.
Certain corporate overhead costs and interest expense previously allocated to the Contemporary Brands coalition for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations.
In addition, goodwill and intangible asset impairment charges related to the Contemporary Brands coalition, previously excluded from the calculation of coalition profit, were reclassified to discontinued operations.
VF provided certain support services under transition services agreements and completed these services during the third quarter of 2017.
These services did not have a material impact on VF’s 2017 Consolidated Statement of Income.
Summarized Discontinued Operar tions Financial Informa f tion The following table summarizes the major line items included in the income (loss) from discontinued operations for the Nautica?
brand business, the Licensing Business and the Contemporary Brands coalition:
## Table 1 ##
(a) The full year 2017 income tax expense is impacted by $8.6 million of tax expense related to GAAP and tax basis differences for LSG.
Additionally, the 2017 goodwill impairment charge and estimated loss on sale related to the Nautica?
brand business were nondeductible for income tax purposes.
VF CORPORATION Notes to Consolidated Financial Statements March 2019 VF Corporation Fiscal 2019 Form 10-K F-33 VF accrues warranty costs at the time revenue is recognized.
Product warranty costs are estimated based on historical experience and specific identification of the product requirements, which may fluctuate based on product mix.
Activity relating to accrued product warranty claims is summarized as follows:
## Table 2 ##
NOTE 15 — RETIREMENT AND SAVINGS BENEFIT PLANS VF has several retirement and savings benefit plans covering eligible employees.
VF retains the right to curtail or discontinue any of the plans, subject to local regulations.
Defined Benefit Pension Plans Defined benefit plans provide pension benefits based on participant compensation and years of service.
VF sponsors a noncontributory qualified defined benefit pension plan covering most full-time U. S.  employees employed before 2005 (the “U.
S.  qualified plan”) and an unfunded supplemental defined benefit pension plan that provides benefits in excess of limitations imposed by income tax regulations (the “U.
S.  nonqualified plan”).
The U. S.  qualified plan is fully funded at the end of Fiscal 2019, and VF’s net underfunded status primarily relates to obligations under the unfunded U. S.  nonqualified plan.
The U. S.  qualified and nonqualified plans comprise 91% of VF’s total defined benefit plan assets and 88% of VF’s total projected benefit obligations at March 2019, and the remainder relates to non-U.
S.  defined benefit plans.
A March 31 measurement date is used to value plan assets and obligations for all pension plans.
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.
The components of pension cost for VF’s defined benefit plans were as follows:
## Table 3 ##
VF CORPORATION Notes to Consolidated Financial Statements March 2019 VF Corporation Fiscal 2019 Form 10-K F-45 The differences between income taxes computed by applying the statutory federal income tax rate and income tax expense reported in the consolidated financial statements are as follows:

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>As of December</td></tr><tr><td><i>$ in millions</i></td><td>2013</td><td>2012</td></tr><tr><td>Tier 1 capital</td><td>$ 72,471</td><td>$ 66,977</td></tr><tr><td>Tier 2 capital</td><td>$ 13,632</td><td>$ 13,429</td></tr><tr><td>Total capital</td><td>$ 86,103</td><td>$ 80,406</td></tr><tr><td>Risk-weighted assets</td><td>$433,226</td><td>$399,928</td></tr><tr><td>Tier 1 capital ratio</td><td>16.7%</td><td>16.7%</td></tr><tr><td>Total capital ratio</td><td>19.9%</td><td>20.1%</td></tr><tr><td>Tier 1 leverage ratio</td><td>8.1%</td><td>7.3%</td></tr></table>
<table><tr><td>(In thousands)</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>Revenues</td><td>$588,383</td><td>$1,180,677</td><td>$1,380,351</td></tr><tr><td>Cost of goods sold</td><td>349,382</td><td>691,715</td><td>790,034</td></tr><tr><td>Selling, general and administrative expenses</td><td>191,898</td><td>354,773</td><td>430,587</td></tr><tr><td>Impairment of goodwill and intangible assets</td><td>104,651</td><td>—</td><td>143,562</td></tr><tr><td>Interest income (expense), net</td><td>-27</td><td>-199</td><td>-663</td></tr><tr><td>Other income (expense), net</td><td>6</td><td>2</td><td>627</td></tr><tr><td>Income (loss) from discontinued operations before income taxes</td><td>-57,569</td><td>133,992</td><td>16,132</td></tr><tr><td>Loss on the sale of discontinued operations, before income taxes</td><td>-34,019</td><td>-154,275</td><td>—</td></tr><tr><td>Total income (loss) from discontinued operations before income taxes</td><td>-91,588</td><td>-20,283</td><td>16,132</td></tr><tr><td>Income tax (expense) benefit<sup>(a)</sup></td><td>-14,698</td><td>15,535</td><td>-1,595</td></tr><tr><td>Income (loss) from discontinued operations, net of tax</td><td>$-106,286</td><td>$-4,748</td><td>$14,537</td></tr></table>
<table><tr><td></td><td rowspan="2">Year Ended March 2019</td><td rowspan="2">Three MonthsEnded March(Transition Period) 2018</td><td colspan="2">Year Ended December</td></tr><tr><td>(In thousands)</td><td>2017</td><td>2016</td></tr><tr><td>Balance, beginning of year</td><td>$62,551</td><td>$62,566</td><td>$62,872</td><td>$63,114</td></tr><tr><td>Accrual for products sold during the year</td><td>13,082</td><td>3,828</td><td>10,584</td><td>12,022</td></tr><tr><td>Repair or replacement costs incurred</td><td>-12,778</td><td>-4,126</td><td>-12,654</td><td>-11,956</td></tr><tr><td>Currency translation</td><td>-936</td><td>283</td><td>1,764</td><td>-308</td></tr><tr><td>Balance, end of year</td><td>61,919</td><td>62,551</td><td>62,566</td><td>62,872</td></tr><tr><td>Less current portion (Note 12)</td><td>12,618</td><td>12,862</td><td>12,833</td><td>12,993</td></tr><tr><td>Long-term portion</td><td>$49,301</td><td>$49,689</td><td>$49,733</td><td>$49,879</td></tr></table>
<table><tr><td></td><td rowspan="2">Year Ended March 2019</td><td rowspan="2">Three MonthsEnded March(Transition Period) 2018</td><td colspan="2">Year Ended December</td></tr><tr><td>(In thousands)</td><td>2017</td><td>2016</td></tr><tr><td>Service cost — benefits earned during the period</td><td>$22,352</td><td>$5,912</td><td>$24,890</td><td>$25,839</td></tr><tr><td>Interest cost on projected benefit obligations</td><td>63,434</td><td>14,825</td><td>58,989</td><td>68,020</td></tr><tr><td>Expected return on plan assets</td><td>-93,409</td><td>-25,314</td><td>-94,807</td><td>-99,540</td></tr><tr><td>Settlement charges</td><td>8,856</td><td>—</td><td>—</td><td>50,922</td></tr><tr><td>Curtailments</td><td>9,530</td><td>—</td><td>1,671</td><td>—</td></tr><tr><td>Amortization of deferred amounts:</td><td></td><td></td><td></td><td></td></tr><tr><td>Net deferred actuarial losses</td><td>28,474</td><td>8,548</td><td>41,440</td><td>65,212</td></tr><tr><td>Deferred prior service costs</td><td>494</td><td>647</td><td>2,646</td><td>2,584</td></tr><tr><td>Total pension expense</td><td>$39,731</td><td>$4,618</td><td>$34,829</td><td>$113,037</td></tr><tr><td>Weighted average actuarial assumptions used to determine pension expense:</td><td></td><td></td><td></td><td></td></tr><tr><td>Discount rate in effect for determining service cost</td><td>3.85%</td><td>3.58%</td><td>4.08%</td><td>4.54%</td></tr><tr><td>Discount rate in effect for determining interest cost</td><td>3.51%</td><td>3.13%</td><td>3.26%</td><td>3.56%</td></tr><tr><td>Expected long-term return on plan assets</td><td>5.58%</td><td>5.72%</td><td>5.72%</td><td>5.81%</td></tr><tr><td>Rate of compensation increase</td><td>3.73%</td><td>3.73%</td><td>3.78%</td><td>3.90%</td></tr></table>

Question: What is the proportion of all pension expense that are greater than 20000 to the total amount of pension expense, in Year Ended March 2019 ?
Answer: 2.87584
Reasoning program: add(22352,63434), add(#0,28474), divide(#1,39731)