Table of Contents The Company had net deferred losses of $175 million and $240 million associated with cash flow hedges, net of taxes, recorded in AOCI as of September 28, 2013 and September 29, 2012, respectively.
Deferred gains and losses associated with cash flow hedges of foreign currency revenue are recognized as a component of net sales in the same period as the related revenue is recognized, and deferred gains and losses related to cash flow hedges of inventory purchases are recognized as a component of cost of sales in the same period as the related costs are recognized.
Deferred gains and losses associated with cash flow hedges of interest income or expense are recognized as a component of other income/ (expense), net in the same period as the related income or expense is recognized.
The Company’s hedged foreign currency transactions and hedged interest rate transactions as of September 28, 2013 are expected to occur within 12 months and five years, respectively.
Derivative instruments designated as cash flow hedges must be de-designated as hedges when it is probable the forecasted hedged transaction will not occur in the initially identified time period or within a subsequent two-month time period.
Deferred gains and losses in AOCI associated with such derivative instruments are reclassified immediately into other income and expense.
Any subsequent changes in fair value of such derivative instruments are reflected in other income and expense unless they are re-designated as hedges of other transactions.
The Company did not recognize any significant net gains or losses related to the loss of hedge designation on discontinued cash flow hedges during 2013, 2012 and 2011.
The Company’s unrealized net gains and losses on net investment hedges, included in the cumulative translation adjustment account of AOCI, were not significant as of September 28, 2013 and September 29, 2012.
The ineffective portions of and amounts excluded from the effectiveness test of net investment hedges are recorded in other income and expense.
The gain/loss recognized in other income and expense for foreign currency forward and option contracts not designated as hedging instruments was not significant during 2013, 2012 and 2011, respectively.
These amounts represent the net gain or loss on the derivative contracts and do not include changes in the related exposures, which generally offset a portion of the gain or loss on the derivative contracts.
The following table shows the notional principal amounts of the Company’s outstanding derivative instruments and credit risk amounts associated with outstanding or unsettled derivative instruments as of September 28, 2013 and September 29, 2012 (in millions):
## Table 0 ##
The notional principal amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the Company’s exposure to credit or market loss.
The credit risk amounts represent the Company’s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract, based on then-current currency or interest rates at each respective date.
The Company’s gross exposure on these transactions may be further mitigated by collateral received from certain counterparties.
The Company’s exposure to credit loss and market risk will vary over time as a function of currency and interest rates.
Although the table above reflects the notional principal and credit risk amounts of the Company’s derivative instruments, it does not reflect the gains or losses associated with the exposures and transactions that the instruments are intended to hedge.
The amounts ultimately realized upon settlement of these financial instruments, together with the gains and losses on the underlying exposures, will depend on actual market conditions during the remaining life of the instruments.
Table 58 — Selected Quarterly Income Statement, Capital, and Other Data — Continued(1)
## Table 1 ##
(1) Comparisons for presented periods are impacted by a number of factors.
Refer to the Significant Items section for additional discussion regarding these items.
(2) For all quarterly periods presented above, the impact of the convertible preferred stock issued in April of 2008 was excluded from the diluted share calculation because the result would have been higher than basic earnings per common share (anti-dilutive) for the periods.
(3) Deferred tax liability related to other intangible assets is calculated assuming a 35% tax rate.
(4) High and low stock prices are intra-day quotes obtained from NASDAQ.
(5) Net income excluding expense for amortization of intangibles for the period divided by average tangible shareholders’ equity.
Average tangible shareholders’ equity equals average total stockholders’ equity less average intangible assets and goodwill.
Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated assuming a 35% tax rate.
(6) Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities (losses) gains.
(7) Presented on a FTE basis assuming a 35% tax rate.
(8) Tangible common equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets).
Other intangible assets are net of deferred tax, and calculated assuming a 35% tax rate.
(9) Tangible equity (total equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets).
Other intangible assets are net of deferred tax, and calculated assuming a 35% tax rate.
ADDITIONAL DISCLOSURES Forward-Looking Statements This report, including MD&A, contains certain forward-looking statements, including certain plans, expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and uncertainties.
Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements.
The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
Actual results could differ materially from those contained or implied by such statements for a variety of factors including: (1) worsening of credit quality performance due to a number of factors such as the underlying value of the collateral could prove less valuable than otherwise assumed and assumed cash flows may be worse than expected; (2) changes in economic conditions; (3) movements in interest rates; (4) competitive pressures on product pricing and services; (5) success, impact, and timing of our business strategies, including market acceptance of any new products or services introduced to implement our Fair Play banking philosophy; (6) changes in accounting policies and principles and the accuracy of our assumptions and estimates used to prepare our Consolidated Financial Statements; (7) extended disruption of vital
runoff and the sale of the Personal Catastrophe Risk operation in November 2005.
Earned premiums in the Financial, Professional & International Insurance segment in 2006 increased 4% over 2005, primarily reflecting growth in Bond & Financial Products and the absence of catastrophe-related reinstatement premiums.
In the Personal Insurance segment, earned premium growth of 9% in 2006 reflected strong new business volume and continued renewal price increases.
Net Investment Income The following table sets forth information regarding the Company’s investments.
## Table 2 ##
(a) Excludes net unrealized investment gains and losses, net of tax, and is adjusted for cash, receivables for investment sales, payables on investment purchases and accrued investment income.
(b) Excludes net realized gains and losses and unrealized investment gains and losses.
Net investment income totaled $3.76 billion in 2007, an increase of $244 million, or 7%, over 2006 net investment income of $3.52 billion.
The increase in 2007 was primarily the result of continued growth in the Company’s fixed maturity portfolio resulting from strong cash flows from operating activities and higher yields on long-term taxable fixed maturity securities.
Also contributing to investment income growth in 2007 were strong levels of net investment income from the Company’s real estate joint venture investments.
The amortized cost of the fixed maturity portfolio at December 31, 2007 totaled $64.15 billion, $1.91 billion higher than year-end 2006.
The average pretax investment yield was 5.1% in 2007, compared with 4.9% in 2006.
The increase primarily reflected strong returns generated by the real estate joint venture investments and higher yields on taxable investments purchased in 2007.
Net investment income totaled $3.52 billion in 2006, an increase of $352 million, or 11%, over 2005 net investment income of $3.17 billion.
The increase in 2006 was primarily the result of higher yields on short-term and long-term taxable securities, continued growth in the Company’s fixed maturity portfolio resulting from strong cash flows from operating activities and a decline in investment expenses.
Also contributing to investment income growth in 2006 was the full-year impact of investment returns from the investment of $2.40 billion in proceeds from the divestiture of the Company’s equity interest in Nuveen Investments during 2005.
The Company’s real estate joint venture investments also produced strong levels of net investment income in 2006.
The amortized cost of the fixed maturity portfolio at December 31, 2006 totaled $62.24 billion, $3.63 billion higher than year-end 2005.
The average pretax investment yield was 4.9% in 2006 compared with 4.7% in 2005.
The increase in yield primarily reflected higher yields on taxable investments purchased in 2006 and the strong returns generated by the real estate joint venture investments.
The Company allocates invested assets and the related net investment income to its reportable business segments.
Pretax net investment income is allocated based upon an investable funds concept, which takes into account liabilities (net of non-invested assets) and appropriate capital considerations for each segment.
For investable funds, a benchmark investment yield is developed that reflects the estimated duration of the loss reserves’ future cash flows, the interest rate environment at the time the losses were incurred and A+ rated corporate debt instrument yields.
For capital, a benchmark investment yield is developed that reflects the average yield on the total investment portfolio.
The

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="2"> 2013</td><td colspan="2"> 2012</td></tr><tr><td></td><td> Notional Principal</td><td> Credit Risk Amounts</td><td> Notional Principal</td><td> Credit Risk Amounts</td></tr><tr><td>Instruments designated as accounting hedges:</td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign exchange contracts</td><td>$35,013</td><td>$159</td><td>$41,970</td><td>$140</td></tr><tr><td>Interest rate contracts</td><td>$3,000</td><td>$44</td><td>$0</td><td>$0</td></tr><tr><td>Instruments not designated as accounting hedges:</td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign exchange contracts</td><td>$16,131</td><td>$25</td><td>$13,403</td><td>$12</td></tr></table>
<table><tr><td></td><td colspan="4"> 2009</td></tr><tr><td> Capital Adequacy</td><td> December 31,</td><td> September 30,</td><td> June 30,</td><td> March 31,</td></tr><tr><td>Total risk-weighted assets (in millions)</td><td>$43,248</td><td>$44,142</td><td>$45,463</td><td>$46,383</td></tr><tr><td>Tier 1 leverage ratio</td><td>10.09%</td><td>11.30%</td><td>10.62%</td><td>9.67%</td></tr><tr><td>Tier 1 risk-based capital ratio</td><td>12.03</td><td>13.04</td><td>11.85</td><td>11.14</td></tr><tr><td>Total risk-based capital ratio</td><td>14.41</td><td>16.23</td><td>14.94</td><td>14.26</td></tr><tr><td>Tangible common equity/asset ratio-8</td><td>5.92</td><td>6.46</td><td>5.68</td><td>4.65</td></tr><tr><td>Tangible equity/asset ratio-9</td><td>9.24</td><td>9.71</td><td>8.99</td><td>8.12</td></tr><tr><td>Tangible common equity/risk-weighted assets ratio</td><td>6.97</td><td>7.59</td><td>6.34</td><td>5.12</td></tr></table>
<table><tr><td> (for the year ended December 31, in millions)</td><td>2007</td><td>2006</td><td> 2005</td></tr><tr><td>Average investments(a)</td><td>$73,872</td><td>$71,252</td><td>$66,695</td></tr><tr><td>Pretax net investment income</td><td>3,761</td><td>3,517</td><td>3,165</td></tr><tr><td>After-tax net investment income</td><td>2,915</td><td>2,712</td><td>2,438</td></tr><tr><td>Average pretax yield(b)</td><td>5.1%</td><td>4.9%</td><td>4.7%</td></tr><tr><td>Average after-tax yield(b)</td><td>3.9%</td><td>3.8%</td><td>3.7%</td></tr></table>

Question: What is the sum of Total risk-weighted assets in September 30, 2009 and Pretax net investment income in 2005? (in million)
Answer: 47307
Reasoning program: add(44142,3165)