The significant changes from December 31, 2008 to December 31, 2009 in Level 3 assets and liabilities are due to: ?
A net decrease in trading securities of $10.8billion that was driven by: – Net transfers of $6.5billion, due mainly to the transfer of debt securities from Level 3 to Level 2 due to increased liquidity and pricing transparency; and – Net settlements of $5.8billion, due primarily to the liquidations of subprime securities of $4.1billion.  ?
The change in net trading derivatives driven by: – A net loss of $4.9billion relating to complex derivative contracts, such as those linked to credit, equity and commodity exposures.
These losses include both realized and unrealized losses during 2009 and are partially offset by gains recognized in instruments that have been classified in Levels 1 and 2; and – Net increase in derivative assets of $4.3billion, which includes cash settlements of derivative contracts in an unrealized loss position, notably those linked to subprime exposures.  ?
The decrease in Level 3 Investments of $6.9billion primarily resultedfrom: – A reduction of $5.0billion, due mainly to paydowns on debt securities and sales of private equity investments; – The net transfer of investment securities from Level 3 to Level 2 of $1.5billion, due to increased availability of observable pricing inputs; and – Net losses recognized of $0.4billion due mainly to losses on nonmarketable equity securities including write-downs on private equity investments.  ?
The decrease in securities sold under agreements to repurchase of $9.1billion is driven by a $8.6billion net transfers from Level 3 to Level 2 as effective maturity dates on structured repos have shortened.  ?
The decrease in long-term debt of $1.5billion is driven mainly by $1.3billion of net terminations of structured notes.
Transfers between Level 1 and Level 2 of the Fair Value Hierarchy The Company did not have any significant transfers of assets or liabilities between Levels 1 and 2 of the fair value hierarchy during 2010.
Items Measured at Fair Value on a Nonrecurring Basis Certain assets and liabilities are measured at fair value on a nonrecurring basis and therefore are not included in the tables above.
These include assets measured at cost that have been written down to fair value during the periods as a result of an impairment.
In addition, these assets include loans held-for-sale that are measured at LOCOM that were recognized at fair value below cost at the end of the period.
The fair value of loans measured on a LOCOM basis is determined where possible using quoted secondary-market prices.
Such loans are generally classified as Level 2 of the fair value hierarchy given the level of activity in the market and the frequency of available quotes.
If no such quoted price exists, the fair value of a loan is determined using quoted prices for a similar asset or assets, adjusted for the specific attributes of that loan.
The following table presents all loans held-for-sale that are carried at LOCOM as of December 31, 2010 and 2009:
## Table 0 ##
TRANSACTION SERVICES Transaction Services is composed of Treasury and Trade Solutions (TTS) and Securities and Fund Services (SFS).
TTS provides comprehensive cash management and trade finance and services for corporations, financial institutions and public sector entities worldwide.
SFS provides securities services to investors, such as global asset managers, custody and clearing services to intermediaries such as broker-dealers, and depository and agency/trust services to multinational corporations and governments globally.
Revenue is generated from net interest revenue on deposits in TTS and SFS, as well as from trade loans and fees for transaction processing and fees on assets under custody and administration in SFS.
## Table 1 ##
2010 vs.  2009 Revenues, net of interest expense, grew 3% compared to 2009, reflecting a strong year despite a low interest rate environment, driven by growth in both the TTS and SFS businesses.
TTS revenues grew 2% as a result of increased customer liability balances and solid growth in trade and fees, partially offset by spread compression.
SFS revenues improved by 3% on higher volumes and balances reflecting the impact of sales and increased market activity.
Average deposits and other customer liability balances grew 10%, driven by strong growth in the emerging markets.
Operating expenses grew 8% due to investment spending and higher business volumes.
Provisions for credit losses and for benefits and claims declined as compared to 2009, attributable to overall improvement in portfolio quality 2009 vs.  2008 Revenues, net of interest expense declined 2% compared to 2008 as strong growth in balances was more than offset by lower spreads driven by low interest rates and reduced securitiesasset valuations globally.
TTS revenues grew 7% as a result of strong growth in balances and higher trade revenues.
SFS revenues declined 18%, attributable to reductions in asset valuations and volumes.
Average deposits and other customer liability balances grew 8%, driven by strong growth in all regions.
Operating expenses declined 12%, mainly as a result of benefits from expense management and re-engineering initiatives.
Provisions for credit losses and for benefits and claims declined 80%, primarily attributable to overall portfolio management.
SEGMENT RESULTS Segment results reflect information on the same basis we use for internal management reporting and performance evaluation.
The results of these reportable segments do not include certain non-business unit specific costs.
These costs, including the Shave Care impairment in fiscal 2019, are reported in our Corporate segment and are included as part of our Corporate segment discussion.
Additionally, we apply blended statutory tax rates in the segments.
See Note 2 to the Consolidated Financial Statements for additional information on items included in the Corporate segment.
Eliminations to adjust segment results to arrive at our consolidated effective tax rate, including the impacts of the U. S.  Tax Act in fiscal 2018, are included in Corporate.
## Table 2 ##
(1) Net sales percentage changes are approximations based on quantitative formulas that are consistently applied.
(2) Other includes the sales mix impact from acquisitions and divestitures, the impact from the adoption of the new accounting standard for "Revenue from Contracts with Customers" in fiscal 2019 and rounding impacts necessary to reconcile volume to net sales.
## Table 3 ##
Beauty net sales increased 4% to $12.9 billion in 2019 on a 3% increase in unit volume.
Unfavorable foreign exchange impacts reduced net sales by 4%.
Higher pricing increased net sales by 2%.
Favorable product mix added 4% to net sales, primarily due to the disproportionate growth of the Skin and Personal Care category, including the super-premium SK-II and premium Olay Skin brands which have higher than segment average selling prices.
Organic sales increased 8%.
Global market share of the Beauty segment decreased 0.1 points.
Volume increased low single digits in both developed and developing regions.  . Volume in Hair Care increased low single digits.
Volume in developed regions increased low single digits due to product innovation and increased distribution.
Developing regions volume increased low single digits due to product innovation and market growth.
Global market share of the hair care category was unchanged.  . Volume in Skin and Personal Care increased high single digits.
Excluding the impact of minor brand acquisitions, organic volume increased mid-single digits.
Developed regions volume increased mid-single digits.
Excluding the impact of minor brand acquisitions, developed regions volume was unchanged.
Volume increased double digits in developing regions due to premium innovation, continued growth of SK-II, increased marketing spending and market growth.
Global market share of the skin and personal care category was unchanged.
Net earnings increased 14% to $2.6 billion in 2019 due to the increase in net sales and a 170 basis-point increase in net earnings margin.
Net earnings margin increased due to a reduction in U. S.  income tax rates and a decrease in SG&A as a percentage of net sales, partially offset by a decrease in gross margin.
Gross margin decreased slightly mainly due to unfavorable foreign exchange impacts.
SG&Aas a percentage of sales decreased primarily due to a reduction in marketing spending driven by the positive scale impacts of the net sales increase and the impacts of adopting the new accounting standard on "Revenue from Contracts with Customers".
The reduction in the tax rate was due to the impacts of the U. S.  Tax Act, both from overall rate reduction and the manner in which the impacts were allocated between the business and corporate segments in the prior year, as discussed in the Corporate segment below.
GROOMING

Tables referenced above, in order (Table 0 first):
<table><tr><td>In billions of dollars</td><td>Aggregate cost</td><td>Fair value</td><td>Level 2</td><td>Level 3</td></tr><tr><td>December 31, 2010</td><td>$3.1</td><td>$2.5</td><td>$0.7</td><td>$1.8</td></tr><tr><td>December 31, 2009</td><td>$2.5</td><td>$1.6</td><td>$0.3</td><td>$1.3</td></tr></table>
<table><tr><td>In millions of dollars</td><td>2010</td><td>2009</td><td>2008</td><td>% Change 2010 vs. 2009</td><td>% Change 2009 vs. 2008</td></tr><tr><td>Net interest revenue</td><td>$5,649</td><td>$5,651</td><td>$5,485</td><td>—</td><td>3%</td></tr><tr><td>Non-interest revenue</td><td>4,385</td><td>4,138</td><td>4,461</td><td>6%</td><td>-7</td></tr><tr><td>Total revenues, net of interest expense</td><td>$10,034</td><td>$9,789</td><td>$9,946</td><td>3%</td><td>-2%</td></tr><tr><td>Total operating expenses</td><td>4,868</td><td>4,515</td><td>5,156</td><td>8</td><td>-12</td></tr><tr><td>Provisions (releases) for credit losses and for benefits and claims</td><td>-59</td><td>7</td><td>35</td><td>NM</td><td>-80</td></tr><tr><td>Income before taxes and noncontrolling interests</td><td>$5,225</td><td>$5,267</td><td>$4,755</td><td>-1%</td><td>11%</td></tr><tr><td>Income taxes</td><td>1,551</td><td>1,531</td><td>1,402</td><td>1</td><td>9</td></tr><tr><td>Income from continuing operations</td><td>3,674</td><td>3,736</td><td>3,353</td><td>-2</td><td>11</td></tr><tr><td>Net income attributable to noncontrolling interests</td><td>21</td><td>13</td><td>31</td><td>62</td><td>-58</td></tr><tr><td>Net income</td><td>$3,653</td><td>$3,723</td><td>$3,322</td><td>-2%</td><td>12%</td></tr><tr><td>Average assets(in billions of dollars)</td><td>$71</td><td>$60</td><td>$71</td><td>18%</td><td>-15%</td></tr><tr><td>Return on assets</td><td>5.15%</td><td>6.21%</td><td>4.69%</td><td></td><td></td></tr><tr><td>Revenues by region</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>North America</td><td>$2,483</td><td>$2,526</td><td>$2,161</td><td>-2%</td><td>17%</td></tr><tr><td>EMEA</td><td>3,356</td><td>3,389</td><td>3,677</td><td>-1</td><td>-8</td></tr><tr><td>Latin America</td><td>1,490</td><td>1,373</td><td>1,439</td><td>9</td><td>-5</td></tr><tr><td>Asia</td><td>2,705</td><td>2,501</td><td>2,669</td><td>8</td><td>-6</td></tr><tr><td>Total revenues</td><td>$10,034</td><td>$9,789</td><td>$9,946</td><td>3%</td><td>-2%</td></tr><tr><td>Income from continuing operations by region</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>North America</td><td>$544</td><td>$615</td><td>$323</td><td>-12%</td><td>90%</td></tr><tr><td>EMEA</td><td>1,224</td><td>1,287</td><td>1,246</td><td>-5</td><td>3</td></tr><tr><td>Latin America</td><td>653</td><td>604</td><td>588</td><td>8</td><td>3</td></tr><tr><td>Asia</td><td>1,253</td><td>1,230</td><td>1,196</td><td>2</td><td>3</td></tr><tr><td>Total net income from continuing operations</td><td>$3,674</td><td>$3,736</td><td>$3,353</td><td>-2%</td><td>11%</td></tr><tr><td>Key indicators(in billions of dollars)</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Average deposits and other customer liability balances</td><td>$333</td><td>$304</td><td>$281</td><td>10%</td><td>8%</td></tr><tr><td>EOP assets under custody(in trillions of dollars)</td><td>12.6</td><td>12.1</td><td>11.0</td><td>4</td><td>10</td></tr></table>
<table><tr><td></td><td colspan="7">Net Sales Change Drivers 2019 vs. 2018<sup>-1</sup></td></tr><tr><td></td><td>Volume with Acquisitions & Divestitures</td><td>Volume Excluding Acquisitions & Divestitures</td><td>Foreign Exchange</td><td>Price</td><td>Mix</td><td>Other<sup>-2</sup></td><td>Net Sales Growth</td></tr><tr><td>Beauty</td><td>3%</td><td>2%</td><td>-4%</td><td>2%</td><td>4%</td><td>-1%</td><td>4%</td></tr><tr><td>Grooming</td><td>-1%</td><td>-1%</td><td>-5%</td><td>2%</td><td>—%</td><td>-1%</td><td>-5%</td></tr><tr><td>Health Care</td><td>5%</td><td>4%</td><td>-3%</td><td>1%</td><td>2%</td><td>—%</td><td>5%</td></tr><tr><td>Fabric & Home Care</td><td>4%</td><td>5%</td><td>-3%</td><td>1%</td><td>1%</td><td>—%</td><td>3%</td></tr><tr><td>Baby, Feminine & Family Care</td><td>1%</td><td>1%</td><td>-4%</td><td>1%</td><td>—%</td><td>—%</td><td>-2%</td></tr><tr><td>TOTAL COMPANY</td><td>3%</td><td>2%</td><td>-4%</td><td>2%</td><td>1%</td><td>-1%</td><td>1%</td></tr></table>
<table><tr><td>($ millions)</td><td rowspan="2">2019 N/A</td><td rowspan="2">2018 N/A</td><td rowspan="2">Change vs. 2018 3%</td></tr><tr><td>Volume</td></tr><tr><td>Net sales</td><td>$12,897</td><td>$12,406</td><td>4%</td></tr><tr><td>Net earnings</td><td>$2,637</td><td>$2,320</td><td>14%</td></tr><tr><td>% of net sales</td><td>20.4%</td><td>18.7%</td><td>170 bps</td></tr></table>

Question: what was the growth rate of the loans held-for-sale that are carried at locom from 2009 to 2010
Answer: 0.97656
Reasoning program: divide(2.5,1.6), divide(#0,1.6)