MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued) Contractual Obligations The following table summarizes our significant contractual obligations as of December 28, 2013:
## Table 0 ##
1 Capital purchase obligations represent commitments for the construction or purchase of property, plant and equipment.
They were not recorded as liabilities on our consolidated balance sheets as of December 28, 2013, as we had not yet received the related goods or taken title to the property.2 Other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services, as well as payments due under non-contingent funding obligations.
Funding obligations include agreements to fund various projects with other companies.3 Amounts represent principal and interest cash payments over the life of the debt obligations, including anticipated interest payments that are not recorded on our consolidated balance sheets.
Any future settlement of convertible debt would impact our cash payments.4 We are unable to reliably estimate the timing of future payments related to uncertain tax positions; therefore, $188 million of long-term income taxes payable has been excluded from the preceding table.
However, longterm income taxes payable, recorded on our consolidated balance sheets, included these uncertain tax positions, reduced by the associated federal deduction for state taxes and U. S.  tax credits arising from nonU.
S.  income taxes.5 Amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets, including the short-term portion of these long-term liabilities.
Expected required contributions to our U. S.  and non-U.
S.  pension plans and other postretirement benefit plans of $62 million to be made during 2014 are also included; however, funding projections beyond 2014 are not practicable to estimate.6 Total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities except for the short-term portions of long-term debt obligations and other long-term liabilities.
Contractual obligations for purchases of goods or services, included in other purchase obligations and commitments in the preceding table, include agreements that are enforceable and legally binding on Intel and that specify all significant terms, including fixed or minimum quantities to be purchased; fixed, minimum, or variable price provisions; and the approximate timing of the transaction.
For obligations with cancellation provisions, the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee.
We have entered into certain agreements for the purchase of raw materials that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements.
Due to the uncertainty of the future market and our future purchasing requirements, as well as the non-binding nature of these agreements, obligations under these agreements are not included in the preceding table.
Our purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons.
In addition, some of our purchase orders represent authorizations to purchase rather than binding agreements.
People’s United Financial, Inc.  and Subsidiaries Notes to Consolidated Financial Statements Restricted Stock Awarded The following is a summary of restricted stock award activity under the Incentive Plans and the RRP:
## Table 1 ##
Expense relating to unvested restricted stock awards is recognized on a straight-line basis, generally over the applicable service period, and totaled $8.7 million, $8.8 million and $11.1 million for the years ended December 31, 2014, 2013 and 2012, respectively.
Unamortized cost for unvested restricted stock awards, which reflects an estimated forfeiture rate of 5.2% per year over the vesting period, totaled $10.9 million at December 31, 2014, and is expected to be recognized over the remaining weighted-average vesting period of 1.7 years.
The total fair value of restricted stock awards vested during the years ended December 31, 2014, 2013 and 2012 was $10.3 million, $9.4 million and $10.1 million, respectively.
During 2014, 2013 and 2012, employees of People’s United tendered a total of 229,635 shares, 205,943 shares and 198,431 shares of common stock, respectively, in satisfaction of their related minimum tax withholding obligations upon the vesting of restricted stock awards granted in prior periods and/or in payment of the exercise price and satisfaction of their related minimum tax withholding obligations upon the exercise of stock options granted in prior periods.
There is no limit on the number of shares that may be tendered by employees of People’s United in the future for these purposes.
Shares acquired in payment of the stock option exercise price or in satisfaction of minimum tax withholding obligations are not eligible for reissuance in connection with any subsequent grants made pursuant to equity compensation plans maintained by People’s United.
Rather, all shares acquired in this manner are retired by People’s United, resuming the status of authorized but unissued shares of People’s United’s common stock.
The total cost of shares repurchased and retired applicable to restricted stock awards during the years ended December 31, 2014, 2013 and 2012 was $3.0 million, $2.2 million and $2.3 million, respectively.
Directors’ Equity Compensation Plan The People’s United Financial, Inc.  Directors’ Equity Compensation Plan (the “Directors’ Plan”) provides for an annual award of shares of People’s United common stock with a fair value of approximately $95,000 to each non-employee director immediately following each annual meeting of shareholders.
Shares of People’s United common stock issued pursuant to the Directors’ Plan are subject to a one-year vesting period, with no post-vesting transfer restrictions.
A total of 1,192,500 shares of People’s United common stock are reserved for issuance under the Directors’ Plan.
Net Loan Charge-Offs as a Percentage of Average Total Loans
## Table 2 ##
The following table presents, by class of loan, the allocation of the allowance for loan losses on originated loans and the percent of loans in each class to total loans:
## Table 3 ##
The allocation of the allowance for loan losses on originated loans at December 31, 2014 reflects management’s assessment of credit risk and probable loss within each portfolio.
This assessment is based on a variety of internal and external factors including, but not limited to, the likelihood and severity of loss, portfolio growth and related risk characteristics, and current economic conditions.
With respect to the originated portfolio, an allocation of a portion of the allowance to one loan segment does not preclude its availability to absorb losses in another loan segment.
Management believes that the level of the allowance for loan losses at December 31, 2014 is appropriate to cover probable losses.
Non-Performing Assets A loan is generally considered “non-performing” when it is placed on non-accrual status.
A loan is generally placed on non-accrual status when it becomes 90 days past due as to interest or principal payments.
Past due status is based on the contractual payment terms of the loan.
A loan may be placed on non-accrual status before it reaches 90 days past due if such loan has been identified as presenting uncertainty with respect to the collectability of interest and principal.
A loan past due 90 days or more may remain on accruing status if such loan is both well secured and in the process of collection.
All previously accrued but unpaid interest on non-accrual loans is reversed from interest income in the period in which the accrual of interest is discontinued.
Interest payments received on non-accrual loans (including impaired loans) are generally applied as a reduction of principal if future collections are doubtful, although such interest payments may be recognized as income.
A loan remains on non-accrual status until the factors that indicated doubtful collectability no longer exist or until a loan is determined to be uncollectible and is charged off against the allowance for loan losses.
There were no loans past due 90 days or more and still accruing interest at December 31, 2014 or 2013.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>Payments Due by Period</td></tr><tr><td>(In Millions)</td><td>Total</td><td>Less Than1 Year</td><td>1–3 Years</td><td>3–5 Years</td><td>More Than5 Years</td></tr><tr><td>Operating lease obligations</td><td>$870</td><td>$208</td><td>$298</td><td>$166</td><td>$198</td></tr><tr><td>Capital purchase obligations<sup>1</sup></td><td>5,503</td><td>5,375</td><td>125</td><td>—</td><td>3</td></tr><tr><td>Other purchase obligations and commitments<sup>2</sup></td><td>1,859</td><td>772</td><td>744</td><td>307</td><td>36</td></tr><tr><td>Long-term debt obligations<sup>3</sup></td><td>22,372</td><td>429</td><td>2,360</td><td>3,761</td><td>15,822</td></tr><tr><td>Other long-term liabilities<sup>4, 5</sup></td><td>1,496</td><td>569</td><td>663</td><td>144</td><td>120</td></tr><tr><td>Total<sup>6</sup></td><td>$32,100</td><td>$7,353</td><td>$4,190</td><td>$4,378</td><td>$16,179</td></tr></table>
<table><tr><td></td><td>Shares</td><td>Weighted-AverageGrant DateFair Value</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2011</td><td>1,837,040</td><td>$15.06</td></tr><tr><td>Granted</td><td>640,254</td><td>12.57</td></tr><tr><td>Forfeited</td><td>-88,319</td><td>13.89</td></tr><tr><td>Vested</td><td>-807,554</td><td>16.31</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2012</td><td>1,581,421</td><td>13.48</td></tr><tr><td>Granted</td><td>617,796</td><td>13.15</td></tr><tr><td>Forfeited</td><td>-44,046</td><td>12.85</td></tr><tr><td>Vested</td><td>-621,956</td><td>14.08</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2013</td><td>1,533,215</td><td>13.12</td></tr><tr><td>Granted</td><td>660,617</td><td>14.01</td></tr><tr><td>Forfeited</td><td>-95,700</td><td>13.53</td></tr><tr><td>Vested</td><td>-730,600</td><td>13.22</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2014</td><td>1,367,532</td><td>$13.47</td></tr></table>
<table><tr><td>Years ended December 31</td><td>2014</td><td>2013</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>Commercial:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commercial real estate</td><td>0.15%</td><td>0.16%</td><td>0.24%</td><td>0.30%</td><td>0.48%</td></tr><tr><td>Commercial and industrial</td><td>0.11</td><td>0.26</td><td>0.18</td><td>0.26</td><td>0.47</td></tr><tr><td>Equipment financing</td><td>0.02</td><td>0.08</td><td>0.19</td><td>0.44</td><td>0.44</td></tr><tr><td>Retail:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>0.05</td><td>0.15</td><td>0.17</td><td>0.21</td><td>0.15</td></tr><tr><td>Home equity</td><td>0.24</td><td>0.31</td><td>0.26</td><td>0.17</td><td>0.17</td></tr><tr><td>Other consumer</td><td>1.87</td><td>1.29</td><td>0.93</td><td>0.93</td><td>1.57</td></tr><tr><td>Total portfolio</td><td>0.12%</td><td>0.19%</td><td>0.21%</td><td>0.28%</td><td>0.40%</td></tr></table>
<table><tr><td></td><td colspan="2">2014</td><td colspan="2">2013</td><td colspan="2">2012</td><td colspan="2">2011</td><td colspan="2">2010</td></tr><tr><td>As of December 31(dollars in millions)</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percent of Loan Portfolio</td><td>Amount</td><td>Percentof LoanPortfolio</td></tr><tr><td>Commercial:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commercial real estate</td><td>$63.8</td><td>35.4%</td><td>$65.0</td><td>36.6%</td><td>$60.0</td><td>33.6%</td><td>$70.5</td><td>35.2%</td><td>$82.0</td><td>42.2%</td></tr><tr><td>Commercial and industrial</td><td>78.2</td><td>27.0</td><td>72.5</td><td>25.8</td><td>75.5</td><td>27.8</td><td>69.4</td><td>26.2</td><td>53.2</td><td>17.9</td></tr><tr><td>Equipment financing</td><td>27.6</td><td>10.8</td><td>21.0</td><td>10.6</td><td>22.0</td><td>10.8</td><td>20.5</td><td>9.9</td><td>26.3</td><td>12.1</td></tr><tr><td>Retail:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>9.2</td><td>18.5</td><td>10.0</td><td>18.1</td><td>12.0</td><td>17.9</td><td>8.8</td><td>17.8</td><td>5.8</td><td>15.3</td></tr><tr><td>Home equity</td><td>8.3</td><td>8.1</td><td>8.0</td><td>8.6</td><td>6.7</td><td>9.4</td><td>4.3</td><td>10.1</td><td>2.7</td><td>11.4</td></tr><tr><td>Other consumer</td><td>1.0</td><td>0.2</td><td>1.0</td><td>0.3</td><td>1.3</td><td>0.5</td><td>2.0</td><td>0.8</td><td>2.5</td><td>1.1</td></tr><tr><td>Total originated allowance for loan losses</td><td>$188.1</td><td>100.0%</td><td>$177.5</td><td>100.0%</td><td>$177.5</td><td>100.0%</td><td>$175.5</td><td>100.0%</td><td>$172.5</td><td>100.0%</td></tr></table>

Question: What was the average value of the Commercial and industrial in the years where Commercial real estate is positive? (in million)
Answer: 69.76
Reasoning program: add(78.2,72.5), add(#0,75.5), add(#1,69.4), add(#2,53.2), divide(#3,const_5)