APACHE CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
## Table 0 ##
(1) 2015, 2014, and 2013 include total proved reserves of 101 MMboe, 93 MMboe, and 90 MMboe, respectively, attributable to a noncontrolling interest in Egypt.
2012: On February 13, 2012, International Paper completed the acquisition of Temple-Inland, Inc.  (Temple-Inland).
International Paper acquired all of the outstanding common stock of Temple-Inland for $32.00 per share in cash, totaling approximately $3.7 billion, and assumed approximately $700 million of TempleInland’s debt.
As a condition to allowing the transaction to proceed, the Company entered into an agreement on a Final Judgment with the Antitrust Division of the U. S.  Department of Justice (DOJ) that required the Company to divest three containerboard mills, with approximately 970,000 tons of aggregate containerboard capacity.
On July 2, 2012, International Paper sold its Ontario and Oxnard (Hueneme), California containerboard mills to New-Indy Containerboard LLC, and its New Johnsonville, Tennessee containerboard mill to Hood Container Corporation.
By completing these transactions, the Company satisfied its divestiture obligations under the Final Judgment.
See Note 7 for further details of these divestitures.
Temple-Inland's results of operations are included in the consolidated financial statements from the date of acquisition on February 13, 2012.
The following table summarizes the allocation of the purchase price to the fair value of assets and liabilities acquired as of February 13, 2012, which was finalized in the fourth quarter of 2012.
## Table 1 ##
The identifiable intangible assets acquired in connection with the Temple-Inland acquisition included the following:
## Table 2 ##
In connection with the purchase price allocation, inventories were written up by approximately $20 million before taxes ($12 million after taxes) to their estimated fair value.
As the related inventories were sold in the 2012 first quarter, this amount was expensed in Cost of products sold for the quarter.
Additionally, Selling and administrative expenses for the years ended December 31, 2013 and 2012 included $62 million before taxes ($38 million after taxes) and $164 million before taxes ($105 million after taxes), respectively, in charges for integration costs associated with the acquisition.
The following unaudited pro forma information for the year ended December 31, 2012 represents the results of operations of International Paper as if the TempleInland acquisition had occurred on January 1, 2012.
This information is based on historical results of operations, adjusted for certain acquisition accounting adjustments and does not purport to represent International Paper’s actual results of operations as if the transaction described above would have occurred as of January 1, 2012, nor is it necessarily indicative of future results.
## Table 3 ##
(a) Attributable to International Paper Company common shareholders.2011: On October 14, 2011, International Paper completed the acquisition of a 75% stake in Andhra Pradesh Paper Mills Limited (APPM).
The Company purchased 53.5% of APPM for a purchase price of $226 million in cash plus assumed debt from private investors.
These sellers also entered into a covenant
operations in Canada and Africa.
Our refranchising activities require significant attention and effort on the part of, and therefore may be a distraction for, senior management.
If we are unable to complete future refranchising transactions on our expected timetable and on terms and conditions favorable to us; our refranchising partners are not efficient and aligned with our long-term vision for the Coca-Cola system; or we are unable to maintain good relationships with the refranchised bottling operations, our business and results of operations could be adversely affected.
If we fail to realize a significant portion of the anticipated benefits of our strategic relationship with Monster, our financial performance could be adversely affected.
In June 2015, we and Monster entered into a long-term strategic relationship in the global energy drink category.
For information regarding our relationship with Monster and related transactions, refer to Note 2 of Notes to Consolidated Financial Statements set forth in Part II, “Item 8.
Financial Statements and Supplementary Data” of this report.
If we are unable to successfully manage our complex relationship with Monster, or if for any other reason we fail to realize all or a significant part of the benefits we expect from this strategic relationship and the related investment, our financial performance could be adversely affected.
Global or regional catastrophic events could impact our operations and financial results.
Because of our global presence and worldwide operations, our business could be affected by large-scale terrorist acts, cyber-strikes and radiological attacks, especially those directed against the United States or other major industrialized countries; the outbreak or escalation of armed hostilities; major natural disasters; or widespread outbreaks of infectious diseases.
Such events could impair our ability to manage our business around the world, could disrupt our supply of raw materials and ingredients, and could impact production, transportation and delivery of concentrates, syrups and finished products.
In addition, such events could cause disruption of regional or global economic activity, which could affect consumers’ purchasing power in the affected areas and, therefore, reduce demand for our products.
ITEM 1B.
UNRESOLVED STAFF COMMENTS Not applicable.
ITEM 2.
PROPERTIES Our worldwide headquarters is located on a 35-acre office complex in Atlanta, Georgia.
The complex includes our 621,000 square foot headquarters building and an 870,000 square foot building in which our North America group’s main offices are located.
The complex also includes several other buildings, including our 264,000 square foot Coca-Cola Plaza building, technical and engineering facilities and a reception center.
We also own an office and retail building at 711 Fifth Avenue in New York, New York.
These properties, except for the North America group’s main offices, are included in the Corporate operating segment.
The North America group’s main offices are included in the North America operating segment.
We own or lease additional facilities, real estate and office space throughout the world which we use for administrative, manufacturing, processing, packaging, storage, warehousing, distribution and retail operations.
These properties are generally included in the geographic operating segment in which they are located.
The following table summarizes our principal production, distribution and storage facilities by operating segment as of December 31, 2017:
## Table 4 ##
1 Does not include 34 owned and 1 leased principal beverage manufacturing/bottling plants and 28 owned and 17 leased distribution and storage warehouses related to our discontinued operations.
Management believes that our Company’s facilities for the production of our products are suitable and adequate, that they are being appropriately utilized in line with past experience, and that they have sufficient production capacity for their present
Average securities purchased under resale agreements increased to $4.69 billion for the year ended December 31, 2011 from $2.96 billion for the year ended December 31, 2010.
Average trading account assets increased to $2.01 billion for the year ended December 31, 2011 from $376 million for 2010.
Averages benefited largely from an increase in client demand associated with our trading activities.
In connection with these activities, we traded in highly liquid fixed-income securities as principal with our custody clients and other thirdparties that trade in these securities.
Our average investment securities portfolio increased to $103.08 billion for the year ended December 31, 2011 from $96.12 billion for 2010.
The increase was generally the result of ongoing purchases of securities, partly offset by maturities and sales.
In December 2010, we repositioned our portfolio by selling approximately $11 billion of mortgage- and asset-backed securities and re-investing approximately $7 billion of the proceeds, primarily in agency mortgage-backed securities.
The repositioning was undertaken to enhance our regulatory capital ratios under evolving regulatory capital standards, increase our balance sheet flexibility in deploying our capital, and reduce our exposure to certain asset classes.
During 2011, we purchased $54 billion of highly rated U. S.  Treasury securities, federal agency mortgage-backed securities and U. S.  and non-U.
S.  asset-backed securities.
As of December 31, 2011, securities rated “AAA” and “AA” comprised approximately 89% of our portfolio, compared to 90% rated “AAA” and “AA” as of December 31, 2010.
Loans and leases averaged $12.18 billion for the year ended December 31, 2011, compared to $12.09 billion for 2010.
The increases primarily resulted from higher client demand for short-duration liquidity, offset in part by a decrease in leases and the purchased receivables added in connection with the conduit consolidation, mainly from maturities and pay-downs.
For 2011 and 2010, approximately 29% and 27%, respectively, of our average loan and lease portfolio was composed of short-duration advances that provided liquidity to clients in support of their investment activities related to securities settlement.
The following table presents average U. S.  and non-U.
S.  short-duration advances for the years indicated:
## Table 5 ##
For the year ended December 31, 2011, the increase in average non-U.
S.  short-duration advances compared to the prior-year period was mainly due to activity associated with clients added in connection with the acquired Intesa securities services business.
Average other interest-earning assets increased to $5.46 billion for the year ended December 31, 2011 from $1.16 billion for 2010.
The increase was primarily the result of higher levels of cash collateral provided in connection with our role as principal in certain securities borrowing activities.
Average interest-bearing deposits increased to $88.06 billion for the year ended December 31, 2011 from $76.96 billion for 2010.
The increase reflected client deposits added in connection with the May 2010 acquisition of the Intesa securities services business, and higher levels of non-U.
S.  transaction accounts associated with new and existing business in assets under custody and administration.
Average other short-term borrowings declined to $5.13 billion for the year ended December 31, 2011 from $13.59 billion for 2010, as the higher levels of client deposits provided additional liquidity.
Average long-term debt increased to $8.97 billion for the year ended December 31, 2011 from $8.68 billion for the same period in 2010.
The increase primarily reflected the issuance of an aggregate of $2 billion of senior notes by us in March 2011, partly offset by the maturities of $1 billion of senior notes in February 2011 and $1.45 billion of senior notes in September 2011, both previously issued by State Street Bank under the FDIC’s Temporary Liquidity Guarantee Program.
Additional information about our long-term debt is provided in note 9 to the consolidated financial statements included under Item 8.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="7"> Total Equivalent Reserves  (Thousands barrels of oil equivalent)</td></tr><tr><td></td><td> United States</td><td> Canada</td><td> Egypt<sup>-1</sup></td><td> Australia</td><td> North Sea</td><td> Argentina</td><td> Total<sup>-1</sup></td></tr><tr><td> Proved developed reserves:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>December 31, 2012</td><td>1,021,610</td><td>390,800</td><td>221,819</td><td>128,395</td><td>137,626</td><td>81,695</td><td>1,981,945</td></tr><tr><td>December 31, 2013</td><td>976,795</td><td>322,362</td><td>222,880</td><td>126,948</td><td>117,457</td><td>66,494</td><td>1,832,936</td></tr><tr><td>December 31, 2014</td><td>897,422</td><td>258,848</td><td>236,256</td><td>136,707</td><td>122,058</td><td>-</td><td>1,651,291</td></tr><tr><td>December 31, 2015</td><td>726,424</td><td>209,647</td><td>275,033</td><td>-</td><td>120,293</td><td>-</td><td>1,331,397</td></tr><tr><td> Proved undeveloped reserves:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>December 31, 2012</td><td>402,677</td><td>150,113</td><td>51,464</td><td>213,811</td><td>31,563</td><td>20,106</td><td>869,734</td></tr><tr><td>December 31, 2013</td><td>370,566</td><td>139,509</td><td>48,028</td><td>199,240</td><td>32,633</td><td>23,504</td><td>813,480</td></tr><tr><td>December 31, 2014</td><td>336,670</td><td>155,028</td><td>43,446</td><td>186,534</td><td>23,301</td><td>-</td><td>744,979</td></tr><tr><td>December 31, 2015</td><td>120,210</td><td>70,300</td><td>26,929</td><td>-</td><td>14,897</td><td>-</td><td>232,336</td></tr><tr><td> Total proved reserves:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Balance December 31, 2012</td><td>1,424,287</td><td>540,913</td><td>273,283</td><td>342,206</td><td>169,189</td><td>101,801</td><td>2,851,679</td></tr><tr><td>Extensions, discoveries and other additions</td><td>253,578</td><td>74,107</td><td>51,135</td><td>4,764</td><td>2,001</td><td>3,751</td><td>389,336</td></tr><tr><td>Purchase of minerals in-place</td><td>273</td><td>-</td><td>5</td><td>-</td><td>5,698</td><td>-</td><td>5,976</td></tr><tr><td>Revisions of previous estimates</td><td>13,482</td><td>18,274</td><td>859</td><td>-135</td><td>24</td><td>35</td><td>32,539</td></tr><tr><td>Production</td><td>-121,074</td><td>-39,177</td><td>-54,374</td><td>-20,647</td><td>-26,822</td><td>-15,589</td><td>-277,683</td></tr><tr><td>Sale of properties</td><td>-223,185</td><td>-132,246</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-355,431</td></tr><tr><td>Balance December 31, 2013</td><td>1,347,361</td><td>461,871</td><td>270,908</td><td>326,188</td><td>150,090</td><td>89,998</td><td>2,646,416</td></tr><tr><td>Extensions, discoveries and other additions</td><td>138,413</td><td>74,666</td><td>60,877</td><td>17,780</td><td>21,354</td><td>5</td><td>313,095</td></tr><tr><td>Purchase of minerals in-place</td><td>21,712</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21,712</td></tr><tr><td>Revisions of previous estimates</td><td>11,662</td><td>-2,800</td><td>2,776</td><td>-216</td><td>-18</td><td>-</td><td>11,404</td></tr><tr><td>Production</td><td>-106,225</td><td>-28,313</td><td>-54,859</td><td>-20,511</td><td>-26,067</td><td>-2,856</td><td>-238,831</td></tr><tr><td>Sale of properties</td><td>-178,831</td><td>-91,548</td><td>-</td><td>-</td><td>-</td><td>-87,147</td><td>-357,526</td></tr><tr><td>Balance December 31, 2014</td><td>1,234,092</td><td>413,876</td><td>279,702</td><td>323,241</td><td>145,359</td><td>-</td><td>2,396,270</td></tr><tr><td>Extensions, discoveries and other additions</td><td>26,488</td><td>26,226</td><td>40,464</td><td>-</td><td>24,227</td><td>-</td><td>117,405</td></tr><tr><td>Purchase of minerals in-place</td><td>-</td><td>6,860</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,860</td></tr><tr><td>Revisions of previous estimates</td><td>-322,123</td><td>-87,081</td><td>34,797</td><td>12,549</td><td>-6,305</td><td>-</td><td>-368,163</td></tr><tr><td>Production</td><td>-91,591</td><td>-24,706</td><td>-53,001</td><td>-8,503</td><td>-26,011</td><td>-</td><td>-203,812</td></tr><tr><td>Sale of properties</td><td>-232</td><td>-55,228</td><td>-</td><td>-327,287</td><td>-2,080</td><td>-</td><td>-384,827</td></tr><tr><td>Balance December 31, 2015</td><td>846,634</td><td>279,947</td><td>301,962</td><td>-</td><td>135,190</td><td>-</td><td>1,563,733</td></tr></table>
<table><tr><td>Accounts and notes receivable</td><td>$466</td></tr><tr><td>Inventory</td><td>484</td></tr><tr><td>Deferred income tax assets – current</td><td>140</td></tr><tr><td>Other current assets</td><td>57</td></tr><tr><td>Plants, properties and equipment</td><td>2,911</td></tr><tr><td>Financial assets of special purpose entities</td><td>2,091</td></tr><tr><td>Goodwill</td><td>2,139</td></tr><tr><td>Other intangible assets</td><td>693</td></tr><tr><td>Deferred charges and other assets</td><td>54</td></tr><tr><td>Total assets acquired</td><td>9,035</td></tr><tr><td>Notes payable and current maturities of long-term debt</td><td>130</td></tr><tr><td>Accounts payable and accrued liabilities</td><td>704</td></tr><tr><td>Long-term debt</td><td>527</td></tr><tr><td>Nonrecourse financial liabilities of special purpose entities</td><td>2,030</td></tr><tr><td>Deferred income tax liability</td><td>1,252</td></tr><tr><td>Pension benefit obligation</td><td>338</td></tr><tr><td>Postretirement and postemployment benefit obligation</td><td>99</td></tr><tr><td>Other liabilities</td><td>221</td></tr><tr><td>Total liabilities assumed</td><td>5,301</td></tr><tr><td>Net assets acquired</td><td>$3,734</td></tr></table>
<table><tr><td>In millions</td><td rowspan="7">EstimatedFair Value $536 8 109 14 26</td><td rowspan="7">AverageRemainingUseful Life (at acquisitiondate) 12-17 years 5-10 years Indefinite 4-7 years 2 years</td></tr><tr><td>Asset Class:</td><td></td></tr><tr><td>Customer relationships</td></tr><tr><td>Developed technology</td></tr><tr><td>Tradenames</td></tr><tr><td>Favorable contracts</td></tr><tr><td>Non-compete agreement</td></tr><tr><td>Total</td><td>$693</td><td></td></tr></table>
<table><tr><td>In millions, except per share amounts</td><td>2012</td></tr><tr><td>Net sales</td><td>$28,125</td></tr><tr><td>Earnings (loss) from continuing operations (a)</td><td>805</td></tr><tr><td>Net earnings (loss) (a)</td><td>845</td></tr><tr><td>Diluted earnings (loss) from continuing operations per share (a)</td><td>1.82</td></tr><tr><td>Diluted net earnings (loss) per share (a)</td><td>1.92</td></tr></table>
<table><tr><td></td><td colspan="2">Principal Concentrate and/or Syrup Plants</td><td colspan="2">Principal Beverage Manufacturing/Bottling Plants</td><td colspan="2">Distribution and Storage Warehouses</td></tr><tr><td></td><td>Owned</td><td>Leased</td><td>Owned</td><td>Leased</td><td>Owned</td><td>Leased</td></tr><tr><td>Europe, Middle East & Africa</td><td>6</td><td>—</td><td>—</td><td>—</td><td>—</td><td>1</td></tr><tr><td>Latin America</td><td>5</td><td>—</td><td>—</td><td>—</td><td>2</td><td>6</td></tr><tr><td>North America</td><td>11</td><td>—</td><td>9</td><td>1</td><td>—</td><td>43</td></tr><tr><td>Asia Pacific</td><td>6</td><td>—</td><td>—</td><td>—</td><td>1</td><td>—</td></tr><tr><td>Bottling Investments</td><td>—</td><td>—</td><td>35</td><td>3</td><td>33</td><td>89</td></tr><tr><td>Corporate</td><td>4</td><td>—</td><td>—</td><td>—</td><td>—</td><td>10</td></tr><tr><td>Total<sup>1</sup></td><td>32</td><td>—</td><td>44</td><td>4</td><td>36</td><td>149</td></tr></table>
<table><tr><td></td><td>Years Ended December 31,</td></tr><tr><td>(In millions)</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>Average U.S. short-duration advances</td><td>$1,994</td><td>$1,924</td><td>$2,213</td></tr><tr><td>Average non-U.S. short-duration advances</td><td>1,585</td><td>1,366</td><td>761</td></tr><tr><td>Total average short-duration advances</td><td>$3,579</td><td>$3,290</td><td>$2,974</td></tr></table>

Question: What will Proved developed reserves be like in 2014 if it continues to grow at the same rate as it did in 2013? (in Thousand)
Answer: 1.69513e+06
Reasoning program: subtract(1832936,1981945), divide(#0,1981945), add(const_1,#1), multiply(1832936,#2)