SEALED AIR CORPORATION AND SUBSIDIARIES Notes to Consolidated Financial Statements (Continued) (Amounts in tables in millions, except share and per share data) Note 13 Financial Instruments (Continued) The carrying amounts and estimated fair values of the Company’s financial instruments at December 31, 2007 and 2006 were as follows:
## Table 0 ##
(1) The carrying value and fair value of such debt includes adjustments due to interest rate swaps.
See Note 12, ‘‘Derivatives and Hedging Activities.
’’ Credit and Market Risk Financial instruments, including derivatives, expose the Company to counterparty credit risk for nonperformance and to market risk related to changes in interest or currency exchange rates.
The Company manages its exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties, and procedures to monitor concentrations of credit risk.
The Company does not expect any of its counterparties in derivative transactions to fail to perform as they are substantial investment and commercial banks with high credit ratings and financial strength and have significant experience using such derivative instruments.
Nevertheless, there is a risk that the Company’s exposure to losses arising out of derivative contracts could be material if the counterparties to these agreements fail to perform their obligations.
The Company monitors the impact of market risk on the fair value and cash flows of its derivative and other financial instruments considering reasonably possible changes in interest and currency exchange rates and restricts the use of derivative financial instruments to hedging activities.
The Company does not use derivative financial instruments for trading or other speculative purposes and does not use leveraged derivative financial instruments.
The Company continually monitors the creditworthiness of its diverse base of customers to which it grants credit terms in the normal course of business and generally does not require collateral.
The Company considers the concentrations of credit risk associated with its trade accounts receivable to be commercially reasonable and believes that such concentrations do not leave it vulnerable to significant risks of near-term severe adverse impacts.
The terms and conditions of the Company’s credit sales are designed to mitigate concentrations of credit risk with any single customer.
The Company’s sales are not materially dependent on a single customer or a small group of customers.
The Company monitors the impact of market risk on the fair value and cash flows of its derivative and other financial instruments considering reasonably possible changes in interest and currency exchange rates and restricts the use of derivative financial instruments to hedging activities.
The Company does not use derivative financial instruments for trading or other speculative purposes and does not use leveraged derivative financial instruments.
The Company continually monitors the creditworthiness of its diverse base of customers to which it grants credit terms in the normal course of business and generally does not require collateral.
The Company considers the concentrations of credit risk associated with its trade accounts receivable to be commercially reasonable and believes that such concentrations do not leave it vulnerable to significant risks of near-term severe adverse impacts.
The terms and conditions of the Company’s credit sales are designed to mitigate concentrations of credit risk with any single customer.
The Company’s sales are not materially dependent on a single customer or a small group of customers.
Note 14.
Employee Benefits and Incentive Programs Profit Sharing and Retirement Savings Plans The Company has a non-contributory profit-sharing plan covering most of its U. S.  employees.
Contributions to this plan, which are made at the discretion of the Company’s Board of Directors, may be made in cash, shares of the Company’s common stock, or in a combination of cash and shares of the Company’s common stock.
The Company also maintains a contributory thrift and retirement savings plan in which most of its U. S.  employees are eligible to participate.
The contributory thrift and retirement savings plan generally provides for Company contributions in cash based upon the amount contributed to the plan by the participants.
Company contributions to or provisions for its profitsharing plan and thrift and retirement savings plan are charged to operations and amounted to $25.2 million in 2008, $32.8 million in 2007 and $30.4 million in 2006.
In 2008, 2007 and 2006 there were no shares of common stock issued for the Company’s contribution to its profit-sharing plan.
Defined Benefit Pension Plans On December 31, 2006, the Company adopted the recognition and disclosure provisions of SFAS No.158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans, an amendment of FASB Statements No.87, 88, 106 and 132(R)” (“SFAS No.158”), as of December 31, 2006.
SFAS No.158 requires, among other things, the recognition of the funded status of each defined pension benefit plan measured as the difference between the fair value of plan assets and the projected benefit obligations of the employee benefit plans in the consolidated balance sheet, with a corresponding adjustment to accumulated other comprehensive loss, net of taxes.
Each over funded plan is recognized as an asset and each under funded plan is recognized as a liability.
The initial impact of the standard due to unrecognized prior service costs and net actuarial gains or losses, as well as subsequent changes in the funded status, are recognized as components of accumulated other comprehensive loss in the line item unamortized pension items that is included in total shareholders’ equity.
The amount of unamortized pension items is recorded net of tax.
Additional minimum pension liabilities and related intangible assets were also derecognized upon adoption of the new standard.
The measurement date used by the Company to determine the benefit obligations and the plan assets is December 31.
The Company adopted the provisions of SFAS No.158 in 2006 and adjusted its shareholders’ equity for a cumulative effect of $55.8 million, net of taxes.
United States A limited number of the Company’s U. S.  employees, including some employees who are covered by collective bargaining agreements, participate in defined benefit pension plans.
The following table presents the Company’s funded status for 2008 and 2007 under the provision of SFAS No.158 for its U. S.  pension plans.
The measurement date for the defined benefit pension plans presented below is December 31 of each period.
## Table 1 ##
generate cash without additional external financings.
Free cash flow should be considered in addition to, rather than as a substitute for, cash provided by operating activities.
The following table reconciles cash provided by operating activities (GAAP measure) to free cash flow (non-GAAP measure):
## Table 2 ##
2015 Outlook ?
Safety – Operating a safe railroad benefits all our constituents: our employees, customers, shareholders and the communities we serve.
We will continue using a multi-faceted approach to safety, utilizing technology, risk assessment, quality control, training and employee engagement, and targeted capital investments.
We will continue using and expanding the deployment of Total Safety Culture and Courage to Care throughout our operations, which allows us to identify and implement best practices for employee and operational safety.
We will continue our efforts to increase detection of rail defects; improve or close crossings; and educate the public and law enforcement agencies about crossing safety through a combination of our own programs (including risk assessment strategies), industry programs and local community activities across our network.  ?
Network Operations – In 2015, we will continue to add resources to support growth, improve service, and replenish our surge capability.  ?
Fuel Prices – With the dramatic drop in fuel prices at the end of 2014, there is even more uncertainty around the projections of fuel prices.
We again could see volatile fuel prices during the year, as they are sensitive to global and U. S.  domestic demand, refining capacity, geopolitical events, weather conditions and other factors.
As prices fluctuate there will be a timing impact on earnings, as our fuel surcharge programs trail fluctuations in fuel price by approximately two months.
Lower fuel prices could have a positive impact on the economy by increasing consumer discretionary spending that potentially could increase demand for various consumer products that we transport.
Alternatively, lower fuel prices will likely have a negative impact on other commodities such as coal, frac sand and crude oil shipments.  ?
Capital Plan – In 2015, we expect our capital plan to be approximately $4.3 billion, including expenditures for PTC and 218 locomotives.
The capital plan may be revised if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments.
(See further discussion in this Item 7 under Liquidity and Capital Resources – Capital Plan. )
?
Financial Expectations – We expect the overall U. S.  economy to continue to improve at a moderate pace.
One of the biggest uncertainties is the outlook for energy markets, which will bring both challenges and opportunities.
On balance, we expect to see positive volume growth for 2015 versus the prior year.
In the current environment, we expect continued margin improvement driven by continued pricing opportunities, ongoing productivity initiatives and the ability to leverage our resources as we improve the fluidity of our network.

Tables referenced above, in order (Table 0 first):
<table><tr><td> </td><td colspan="2">2007</td><td colspan="2"> 2006</td></tr><tr><td> </td><td>Carrying Amount</td><td>Fair Value</td><td> Carrying Amount</td><td> Fair Value</td></tr><tr><td>Derivative financial (liabilities) assets:</td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency forward contracts</td><td>$-0.5</td><td>$-0.5</td><td>$0.1</td><td>$0.1</td></tr><tr><td>Derivative financial liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Interest rate swaps</td><td>$2.1</td><td>$2.1</td><td>$8.9</td><td>$8.9</td></tr><tr><td>Financial liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Debt:</td><td></td><td></td><td></td><td></td></tr><tr><td>6.95% Senior Notes</td><td>227.0</td><td>232.7</td><td>226.8</td><td>234.5</td></tr><tr><td>5.375% Senior Notes-1</td><td>297.8</td><td>300.6</td><td>290.6</td><td>308.5</td></tr><tr><td>5.625% Senior Notes</td><td>399.2</td><td>397.2</td><td>399.0</td><td>395.9</td></tr><tr><td>6.875% Senior Notes</td><td>448.5</td><td>404.6</td><td>448.5</td><td>450.5</td></tr><tr><td>3% Convertible Senior Notes</td><td>431.3</td><td>416.1</td><td>431.3</td><td>446.3</td></tr><tr><td>Other foreign loans</td><td>49.2</td><td>48.5</td><td>34.4</td><td>33.9</td></tr><tr><td>Other loans</td><td>18.8</td><td>18.0</td><td>21.7</td><td>16.3</td></tr><tr><td>Total debt</td><td>$1,871.8</td><td>$1,817.7</td><td>$1,852.3</td><td>$1,885.9</td></tr></table>
<table><tr><td></td><td>2008</td><td>2007</td></tr><tr><td>Change in benefit obligation:</td><td></td><td></td></tr><tr><td>Projected benefit obligation at beginning of period</td><td>$44.5</td><td>$43.2</td></tr><tr><td>Service cost</td><td>1.8</td><td>1.4</td></tr><tr><td>Interest cost</td><td>2.7</td><td>2.5</td></tr><tr><td>Actuarial loss (gain)</td><td>2.8</td><td>-1.5</td></tr><tr><td>Curtailment loss</td><td>3.2</td><td>—</td></tr><tr><td>Benefits paid</td><td>-1.1</td><td>-1.1</td></tr><tr><td>Projected benefit obligation at end of period</td><td>$53.9</td><td>$44.5</td></tr><tr><td>Change in plan assets:</td><td></td><td></td></tr><tr><td>Fair value of plan assets at beginning of period</td><td>$36.9</td><td>$34.9</td></tr><tr><td>Actual (loss) gain on plan assets</td><td>-8.5</td><td>2.3</td></tr><tr><td>Employer contributions</td><td>4.5</td><td>0.8</td></tr><tr><td>Benefits paid</td><td>-1.1</td><td>-1.1</td></tr><tr><td>Fair value of plan assets at end of period</td><td>31.8</td><td>36.9</td></tr><tr><td>Under funded status at end of year</td><td>$-22.1</td><td>$-7.6</td></tr></table>
<table><tr><td><i>Millions</i></td><td><i>2014</i></td><td><i>2013</i></td><td><i>2012</i></td></tr><tr><td>Cash provided by operating activities</td><td>$7,385</td><td>$6,823</td><td>$6,161</td></tr><tr><td>Cash used in investing activities</td><td>-4,249</td><td>-3,405</td><td>-3,633</td></tr><tr><td>Dividends paid</td><td>-1,632</td><td>-1,333</td><td>-1,146</td></tr><tr><td>Free cash flow</td><td>$1,504</td><td>$2,085</td><td>$1,382</td></tr></table>

Question: what was the percentage change in free cash flow from 2012 to 2013?
Answer: 0.50868
Reasoning program: subtract(2085,1382), divide(#0,1382)