reporting unit’s related goodwill assets.
In 2013, we recorded a non-cash goodwill impairment charge of $195 million, net of state tax benefits.
See “Critical Accounting Policies - Goodwill” in Management’s Discussion and Analysis of Financial Condition and Results of Operations and “Note 1 – Significant Accounting Policies” for more information on this impairment charge.
Changes in U. S.  or foreign tax laws, including possibly with retroactive effect, and audits by tax authorities could result in unanticipated increases in our tax expense and affect profitability and cash flows.
For example, proposals to lower the U. S.  corporate income tax rate would require us to reduce our net deferred tax assets upon enactment of the related tax legislation, with a corresponding material, one-time increase to income tax expense, but our income tax expense and payments would be materially reduced in subsequent years.
Actual financial results could differ from our judgments and estimates.
Refer to “Critical Accounting Policies” in Management’s Discussion and Analysis of Financial Condition and Results of Operations, and “Note 1 – Significant Accounting Policies” of our consolidated financial statements for a complete discussion of our significant accounting policies and use of estimates.
ITEM 1B.
Unresolved Staff Comments.
None.
ITEM 2.
Properties.
At December 31, 2013, we owned or leased building space (including offices, manufacturing plants, warehouses, service centers, laboratories, and other facilities) at 518 locations primarily in the U. S.  Additionally, we manage or occupy various U. S.  Government-owned facilities under lease and other arrangements.
At December 31, 2013, we had significant operations in the following locations: ?
Aeronautics – Palmdale, California; Marietta, Georgia; Greenville, South Carolina; Fort Worth and San Antonio, Texas; and Montreal, Canada.  ?
Information Systems & Global Solutions – Goodyear, Arizona; Sunnyvale, California; Colorado Springs and Denver, Colorado; Gaithersburg and Rockville, Maryland; Valley Forge, Pennsylvania; and Houston, Texas.  ?
Missiles and Fire Control – Camden, Arkansas; Orlando, Florida; Lexington, Kentucky; and Grand Prairie, Texas.  ?
Mission Systems and Training – Orlando, Florida; Baltimore, Maryland; Moorestown/Mt.
Laurel, New Jersey; Owego and Syracuse, New York; Akron, Ohio; and Manassas, Virginia.  ?
Space Systems – Huntsville, Alabama; Sunnyvale, California; Denver, Colorado; Albuquerque, New Mexico; and Newtown, Pennsylvania.  ?
Corporate activities – Lakeland, Florida and Bethesda, Maryland.
In November 2013, we committed to a plan to vacate our leased facilities in Goodyear, Arizona and Akron, Ohio, and close our owned facility in Newtown, Pennsylvania and certain owned buildings at our Sunnyvale, California facility.
We expect these closures, which include approximately 2.5 million square feet of facility space, will be substantially complete by the middle of 2015.
For information regarding these matters, see “Note 2 – Restructuring Charges” of our consolidated financial statements.
The following is a summary of our square feet of floor space by business segment at December 31, 2013, inclusive of the facilities that we plan to vacate as mentioned above (in millions):
## Table 0 ##
We believe our facilities are in good condition and adequate for their current use.
We may improve, replace, or reduce facilities as considered appropriate to meet the needs of our operations.
(5) Prior to the Cryovac Transaction, Cryovac did not have a separately identifiable capital structure upon which a calculation of earnings per common share could be based.
In calculating basic and diluted earnings per common share for 1998, retroactive recognition was given to the various actions undertaken in connection with the Cryovac Transaction for the period prior to March 31, 1998.
(6) In December 2001, the Company and certain of its U. S.  subsidiaries entered into a U. S.  accounts receivable securitization program (the ‘‘Receivables Facility’’) and sold $95,600 of such interests in U. S.  accounts receivable to the financial institutions participating in such Facility.
This amount was removed from the consolidated balance sheet and used to pay down certain of the Company’s outstanding borrowings.
As of December 31, 2002, such financial institutions held no interests in accounts receivable.
See Note 4 to the Consolidated Financial Statements.
(7) EBIT is defined as (loss) earnings before interest expense and provisions for income taxes.
EBITDA is defined as EBIT plus depreciation and amortization.
The Company’s management believes that EBIT and EBITDA are of interest to investors as frequently used measures of a company’s ability to generate cash to service its obligations, including debt service obligations, and to finance capital and other expenditures.
EBIT and EBITDA do not purport to represent net earnings or net cash provided by operating activities, as those terms are defined under generally accepted accounting principles, and should not be considered as an alternative to such measurements or as indicators of the Company’s performance.
The Company’s definitions of EBIT and EBITDA may not be comparable with similarlytitled measures used by other companies.
EBIT and EBITDA are among the indicators used by the Company’s management to measure the performance of the Company’s operations and are also among the criteria upon which performance based compensation may be based.
The following is a reconciliation of net cash provided by operating activities to EBIT and EBITDA:
## Table 1 ##
In assessing the need for a valuation allowance, the Company estimates future taxable earnings, with consideration for the feasibility of ongoing tax planning strategies and the realizability of tax benefit carryforwards and past operating results, to determine which deferred tax assets are more likely than not to be realized in the future.
Changes to tax laws, statutory tax rates and future taxable earnings can have an impact on valuation allowances related to deferred tax assets.
In the event that actual results differ from these estimates in future periods, the Company may need to adjust the valuation allowance, which could have a material impact on the Company’s consolidated financial statements.
In calculating its worldwide provision for income taxes, the Company also evaluates its tax positions for years where the statutes of limitations have not expired.
Based on this review, the Company may establish reserves for additional taxes and interest that could be assessed upon examination by relevant tax authorities.
The Company adjusts these reserves in light of changing facts and circumstances, including the results of tax audits and changes in tax law.
If the payment of additional taxes and interest ultimately proves unnecessary, the reversal of the reserves would result in tax benefits being recognized in the period when the Company determines the reserves are no longer necessary.
If an estimate of tax reserves proves to be less than the ultimate assessment, a further charge to income tax provision would result.
These adjustments to reserves and related expenses could materially affect the Company’s consolidated financial statements.
On January 1, 2007, the Company adopted the provisions of FIN 48.
Under FIN 48, the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position.
The tax benefits recognized in the financial statements from such positions are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon settlement with tax authorities.
See Note 15, “Income Taxes,” of Notes to Consolidated Financial Statements for further discussion.
Summarized Quarterly Financial Information (Unaudited, in millions, except share data)
## Table 2 ##
First Quarter
## Table 3 ##
Non-GAAP Information The Company’s management from time to time presents information that does not conform to U. S.  GAAP, including changes in net sales excluding the effects of foreign currency translation, the net impact of a business acquisition in 2008 and certain sales related to acquisitions.
The Company’s management uses changes in net sales excluding the items above to measure the performance of the Company’s operations and to aid in the comparison of results.
Thus, management believes that this information may be useful to investors.
Such measures are also among the criteria upon which performance-based compensation may be determined.
SEALED AIR CORPORATION AND SUBSIDIARIES Notes to Consolidated Financial Statements — (Continued) 75 Note 11 Debt and Credit Facilities (Continued) Lines of Credit The following table summarizes our available lines of credit and committed and uncommitted lines of credit at December 31, 2010 and 2009 including the global credit facility and European credit facility, which are discussed below, and the amounts available under our accounts receivable securitization program.
Our principal credit lines were committed and consisted of the global credit facility and the European credit facility.
We are not subject to any material compensating balance requirements in connection with our lines of credit.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>Owned</td><td>Leased</td><td>U.S. Government- Owned</td><td>Total</td></tr><tr><td>Aeronautics</td><td>5.8</td><td>2.7</td><td>14.2</td><td>22.7</td></tr><tr><td>Information Systems & Global Solutions</td><td>2.5</td><td>5.7</td><td>—</td><td>8.2</td></tr><tr><td>Missiles and Fire Control</td><td>4.2</td><td>5.1</td><td>1.3</td><td>10.6</td></tr><tr><td>Mission Systems and Training</td><td>5.8</td><td>5.3</td><td>0.4</td><td>11.5</td></tr><tr><td>Space Systems</td><td>8.5</td><td>1.6</td><td>7.9</td><td>18.0</td></tr><tr><td>Corporate activities</td><td>3.0</td><td>0.9</td><td>—</td><td>3.9</td></tr><tr><td>Total</td><td>29.8</td><td>21.3</td><td>23.8</td><td>74.9</td></tr></table>
<table><tr><td></td><td>2002</td><td>2001</td><td>2000</td><td>1999</td><td>1998</td></tr><tr><td>Net cash provided by operating activities</td><td>$323,939</td><td>$578,693</td><td>$329,413</td><td>$430,354</td><td>$411,646</td></tr><tr><td>Adjustment for items included in cash provided by operating activities but excluded from the calculation of EBITDA and EBIT:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of bond discount</td><td>-744</td><td>-561</td><td>-318</td><td>-169</td><td>—</td></tr><tr><td>Non-cash portion of restructuring and other charges (credits)</td><td>—</td><td>-7,287</td><td>1,247</td><td>—</td><td>-44,175</td></tr><tr><td>Non-cash portion of asbestos settlement</td><td>-321,480</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Deferred tax provisions</td><td>257,208</td><td>9,083</td><td>-20,361</td><td>-19,358</td><td>-24,022</td></tr><tr><td>Net loss (gain) on disposals of property and equipment</td><td>-136</td><td>237</td><td>-594</td><td>-149</td><td>-1,980</td></tr><tr><td>Changes in operating assets and liabilities, net of businesses acquired</td><td>-402,901</td><td>-202,852</td><td>135,573</td><td>24,182</td><td>-72,508</td></tr><tr><td>Interest expense</td><td>65,315</td><td>76,398</td><td>64,513</td><td>58,126</td><td>53,629</td></tr><tr><td>Income tax (benefit) expense</td><td>-82,864</td><td>140,755</td><td>188,110</td><td>184,192</td><td>125,940</td></tr><tr><td>EBITDA</td><td>$-161,663</td><td>$594,466</td><td>$697,583</td><td>$677,178</td><td>$448,530</td></tr><tr><td>Less: depreciation and amortization</td><td>-164,955</td><td>-220,616</td><td>-219,641</td><td>-223,399</td><td>-195,954</td></tr><tr><td>EBIT</td><td>$-326,618</td><td>$373,850</td><td>$477,942</td><td>$453,779</td><td>$252,576</td></tr></table>
<table><tr><td> 2008</td><td> First Quarter</td><td> Second Quarter</td><td> Third Quarter</td><td> Fourth Quarter</td></tr><tr><td>Net sales</td><td>$1,177.4</td><td>$1,278.8</td><td>$1,219.0</td><td>$1,168.3</td></tr><tr><td>Gross profit</td><td>305.1</td><td>330.2</td><td>293.7</td><td>307.6</td></tr><tr><td>Net earnings</td><td>60.8</td><td>62.6</td><td>9.2</td><td>47.3</td></tr><tr><td>Basic net earnings per common share</td><td>$0.38</td><td>$0.40</td><td>$0.06</td><td>$0.30</td></tr><tr><td>Diluted net earnings per common share</td><td>$0.33</td><td>$0.34</td><td>$0.05</td><td>$0.26</td></tr></table>
<table><tr><td> 2007</td><td> First Quarter</td><td> Second Quarter</td><td> Third Quarter</td><td> Fourth Quarter</td></tr><tr><td>Net sales</td><td>$1,094.7</td><td>$1,145.4</td><td>$1,160.9</td><td>$1,250.2</td></tr><tr><td>Gross profit</td><td>314.2</td><td>323.3</td><td>320.1</td><td>343.5</td></tr><tr><td>Net earnings</td><td>127.0</td><td>73.9</td><td>72.4</td><td>79.7</td></tr><tr><td>Basic net earnings per common share</td><td>$0.79</td><td>$0.46</td><td>$0.45</td><td>$0.50</td></tr><tr><td>Diluted net earnings per common share</td><td>$0.67</td><td>$0.40</td><td>$0.39</td><td>$0.43</td></tr></table>

Question: As As the chart 1 shows,in the year where Interest expense is the highest, what's the growth rate of EBITDA?
Answer: -0.14782
Reasoning program: subtract(594466,697583), divide(#0,697583)