ADVANCE AUTO PARTS, INC.  AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2011, January 1, 2011 and January 2, 2010 (in thousands, except per share data) F-16 2011-12 superseded certain pending paragraphs in ASU 2011-05 “Comprehensive Income – Presentation of Comprehensive Income” to effectively defer only those changes in ASU 2011-05 that related to the presentation of reclassification adjustments out of accumulated other comprehensive income.
The adoption of ASU 2011-05 is not expected to have a material impact on the Company’s consolidated financial condition, results of operations or cash flows.
In January 2010, the FASB issued ASU No.2010-06 “Fair Value Measurements and Disclosures – Improving Disclosures about Fair Value Measurements.
” ASU 2010-06 requires new disclosures for significant transfers in and out of Level 1 and 2 of the fair value hierarchy and the activity within Level 3 of the fair value hierarchy.
The updated guidance also clarifies existing disclosures regarding the level of disaggregation of assets or liabilities and the valuation techniques and inputs used to measure fair value.
The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2009, with the exception of the new Level 3 activity disclosures, which are effective for interim and annual reporting periods beginning after December 15, 2010.
The adoption of ASU 2010-06 had no impact on the Company’s consolidated financial condition, results of operations or cash flows.3.
Inventories, net: Merchandise Inventory The Company used the LIFO method of accounting for approximately 95% of inventories at December 31, 2011 and January 1, 2011.
Under LIFO, the Company’s cost of sales reflects the costs of the most recently purchased inventories, while the inventory carrying balance represents the costs for inventories purchased in Fiscal 2011 and prior years.
As a result of utilizing LIFO, the Company recorded an increase to cost of sales of $24,708 for Fiscal 2011 due to an increase in supply chain costs and inflationary pressures affecting certain product categories.
The Company recorded a reduction to cost of sales of $29,554 and $16,040 for Fiscal 2010 and 2009, respectively.
Prior to Fiscal 2011, the Company’s overall costs to acquire inventory for the same or similar products generally decreased historically as the Company has been able to leverage its continued growth, execution of merchandise strategies and realization of supply chain efficiencies.
Product Cores The remaining inventories are comprised of product cores, the non-consumable portion of certain parts and batteries, which are valued under the first-in, first-out ("FIFO") method.
Product cores are included as part of the Company's merchandise costs and are either passed on to the customer or returned to the vendor.
Because product cores are not subject to frequent cost changes like the Company's other merchandise inventory, there is no material difference when applying either the LIFO or FIFO valuation method.
Inventory Overhead Costs Purchasing and warehousing costs included in inventory, at FIFO, at December 31, 2011 and January 1, 2011, were $126,840 and $103,989, respectively.
Inventory Balance and Inventory Reserves Inventory balances at year-end for Fiscal 2011 and 2010 were as follows:
## Table 0 ##
EBITDA and adjusted EBITDA are calculated as follows (dollars in thousands):
## Table 1 ##
(i) Includes depreciation and amortization related to discontinued operations of $0.9 million and $1.3 million for the years ended December 31, 2013 and 2012, respectively.
(ii) Includes interest expense related to discontinued operations of $3.3 million and $1.6 million for the years ended December 31, 2013 and 2012, respectively.
(iii) Includes provision for income taxes related to discontinued operations of $1.3 million and $1.0 million for the years ended December 31, 2013 and 2012, respectively.
(iv) Includes EBITDA related to discontinued operations of $7.9 million and $5.6 million for the years ended December 31, 2013 and 2012, respectively.
(4) In the third quarter of 2015, we elected to early adopt the provisions of Accounting Standards Update (ASU) 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.
” This ASU required that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability instead of separately being recorded in other assets.
As of December 31, 2014, deferred financing costs totaling $25.6 million were reclassified from other assets and netted against the related debt liabilities to conform with the 2015 presentation.
See Deferred Financing Costs discussion within Note 2 of our Notes to Consolidated Financial Statements set forth in Item 8 of this Annual Report.
Amounts for 2012 and 2013 have not been reclassified to conform with the presentation in 2014, 2015 and 2016.
Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations Investments – (Continued) surrounding sub-prime residential mortgage concerns.
In some instances, an OTTI loss was recorded because, in the Impairment Committee’s judgment, recovery to cost is not likely.
The majority of the OTTI losses recorded in 2007 were due to CNA’s lack of intent to hold until an anticipated recovery of cost or maturity.
For 2007, 9.0% of the OTTI losses were taken on common and preferred stocks and 41.0% were taken on below investment grade securities.
Further information on CNA’s OTTI process is set forth in Note 2 of the Consolidated Financial Statements included under Item 8.
Net realized investment results increased by $70 million for 2006 compared with 2005.
The increase in net realized investment results was primarily driven by improved results in fixed maturity securities, partially offset by increases in interest rate related OTTI losses for which CNA did not assert an intent to hold until an anticipated recovery in value.
OTTI losses of $101 million were recorded in 2006 primarily in the corporate and other taxable bonds sector.
Other realized investment gains for the year ended December 31, 2006, included a $37 million pretax gain related to a settlement received as a result of bankruptcy litigation of a major telecommunications corporation.
OTTI losses of $64 million were recorded in 2005 across various sectors, including an OTTI loss of $20 million related to loans made under a credit facility to a national contractor, that were classified as fixed maturities.
For additional information on loans to the national contractor, see Note 22 of the Notes to Consolidated Financial Statements.
A primary objective in the management of the fixed maturity and equity portfolios is to optimize return relative to underlying liabilities and respective liquidity needs.
CNA’s views on the current interest rate environment, tax regulations, asset class valuations, specific security issuer and broader industry segment conditions, and the domestic and global economic conditions, are some of the factors that enter into an investment decision.
CNA also continually monitors exposure to issuers of securities held and broader industry sector exposures and may from time to time adjust such exposures based on its views of a specific issuer or industry sector.
A further consideration in the management of the investment portfolio is the characteristics of the underlying liabilities and the ability to align the duration of the portfolio to those liabilities to meet future liquidity needs, minimize interest rate risk and maintain a level of income sufficient to support the underlying insurance liabilities.
For portfolios where future liability cash flows are determinable and long term in nature, CNA segregates investments for asset/liability management purposes.
The segregated investments support liabilities primarily in the Life & Group Non-Core segment including annuities, structured benefit settlements and long term care products.
The remaining investments are managed to support the Standard Lines, Specialty Lines and Other Insurance segments.
The effective durations of fixed maturity securities, short term investments and interest rate derivatives are presented in the table below.
Short term investments are net of securities lending collateral and accounts payable and receivable amounts for securities purchased and sold, but not yet settled.
The segregated investments had an effective duration of 10.7 years and 9.8 years at December 31, 2007 and 2006.
The remaining interest sensitive investments had an effective duration of 3.3 years and 3.2 years at December 31, 2007 and 2006.
The overall effective duration was 5.1 years and 4.7 years at December 31, 2007 and 2006.
Effective Durations
## Table 2 ##
The investment portfolio is periodically analyzed for changes in duration and related price change risk.
Additionally, CNA periodically reviews the sensitivity of the portfolio to the level of foreign exchange rates and other factors that

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>December 31,2011</td><td>January 1,2011</td></tr><tr><td>Inventories at FIFO, net</td><td>$1,941,055</td><td>$1,737,059</td></tr><tr><td>Adjustments to state inventories at LIFO</td><td>102,103</td><td>126,811</td></tr><tr><td>Inventories at LIFO, net</td><td>$2,043,158</td><td>$1,863,870</td></tr></table>
<table><tr><td></td><td colspan="5"> Year Ended December 31,</td></tr><tr><td></td><td>2016</td><td> 2015</td><td> 2014</td><td> 2013</td><td> 2012</td></tr><tr><td>Net income attributable to CBRE Group, Inc.</td><td>$571,973</td><td>$547,132</td><td>$484,503</td><td>$316,538</td><td>$315,555</td></tr><tr><td>Add:</td><td></td><td colspan="2"></td><td></td><td></td></tr><tr><td>Depreciation and amortization (i)</td><td>366,927</td><td>314,096</td><td>265,101</td><td>191,270</td><td>170,905</td></tr><tr><td>Non-amortizableintangible asset impairment</td><td>—</td><td>—</td><td>—</td><td>98,129</td><td>19,826</td></tr><tr><td>Interest expense (ii)</td><td>144,851</td><td>118,880</td><td>112,035</td><td>138,379</td><td>176,649</td></tr><tr><td>Write-offof financing costs on extinguished debt</td><td>—</td><td>2,685</td><td>23,087</td><td>56,295</td><td>—</td></tr><tr><td>Provision for income taxes (iii)</td><td>296,662</td><td>320,853</td><td>263,759</td><td>188,561</td><td>186,333</td></tr><tr><td>Less:</td><td></td><td colspan="2"></td><td></td><td></td></tr><tr><td>Interest income</td><td>8,051</td><td>6,311</td><td>6,233</td><td>6,289</td><td>7,647</td></tr><tr><td>EBITDA (iv)</td><td>1,372,362</td><td>1,297,335</td><td>1,142,252</td><td>982,883</td><td>861,621</td></tr><tr><td>Adjustments:</td><td></td><td colspan="2"></td><td></td><td></td></tr><tr><td>Integration and other costs related to acquisitions</td><td>125,743</td><td>48,865</td><td>—</td><td>12,591</td><td>39,240</td></tr><tr><td>Cost-elimination expenses</td><td>78,456</td><td>40,439</td><td>—</td><td>17,621</td><td>17,578</td></tr><tr><td>Carried interest incentive compensation (reversal) expense to align with the timing of associated revenue</td><td>-15,558</td><td>26,085</td><td>23,873</td><td>9,160</td><td>—</td></tr><tr><td>Adjusted EBITDA (iv)</td><td>$1,561,003</td><td>$1,412,724</td><td>$1,166,125</td><td>$1,022,255</td><td>$918,439</td></tr></table>
<table><tr><td></td><td colspan="2">December 31, 2007</td><td colspan="2">December 31, 2006</td></tr><tr><td></td><td>Fair Value</td><td>Effective Duration (In years)</td><td>Fair Value</td><td>Effective Duration (In years)</td></tr><tr><td>(In millions)</td><td></td><td></td><td></td><td></td></tr><tr><td>Segregated investments</td><td>$9,211</td><td>10.7</td><td>$8,524</td><td>9.8</td></tr><tr><td>Other interest sensitive investments</td><td>29,406</td><td>3.3</td><td>30,178</td><td>3.2</td></tr><tr><td>Total</td><td>$38,617</td><td>5.1</td><td>$38,702</td><td>4.7</td></tr></table>

Question: If Depreciation and amortization (i) develops with the same growth rate in 2016, what will it reach in 2017?
Answer: 428644
Reasoning program: subtract(366927,314096), divide(#0,314096), add(1,#1), multiply(366927,#2)