The net closure of large-format stores in Canada over the past 12 months contributed to the decrease in revenue associated with net store changes in our International segment in fiscal 2015.
The addition of large and small-format stores in Mexico partially offset this decrease.
The following table presents the International segment's revenue mix percentages and comparable store sales percentage changes by revenue category in fiscal 2015 and 2014:
## Table 0 ##
The following is a description of the notable comparable sales changes in our International segment by revenue category: ?
Consumer Electronics: The 5.1% comparable sales decline was driven primarily by a decrease in sales of digital imaging products, televisions and MP3 devices.
The declines in digital imaging products and MP3 devices were a result of device convergence and industry declines.
The decrease in sales of televisions was due to overall market softness across the segment and competitive pressures in Canada.  ?
Computing and Mobile Phones: The 2.8% comparable sales decline was caused primarily by a decrease in sales of tablets due to industry declines, partially offset by increased mobile phone sales.  ?
Entertainment: The 5.2% comparable sales decline was driven by a decrease in sales of movies and music as customers continue to shift from physical media to digital consumption, partially offset by gaming sales in Canada due to the release of new gaming platforms in the fourth quarter of fiscal 2014.  ?
Appliances: The 0.5% comparable sales decline was driven by Mexico due to a decrease in sales of kitchen appliances, partially offset by appliance sales increases in Canada from expansion of offerings and assortment.  ?
Services: The 4.7% comparable sales decline was due to a decrease in sales of warranties in Canada driven by the overall comparable store sales decline in applicable hardware, particularly tablets and televisions.
Our International segment experienced a gross profit decline of $158 million, or 14.0%, in fiscal 2015 compared to fiscal 2014.
Excluding the impact of foreign currency exchange rate fluctuations, the decrease in gross profit was $88 million.
The gross profit rate decline of 0.9% of revenue was driven by Canada due to increased promotional activity and, to a lesser extent, higher revenue in the lower-margin gaming category.
Our International segment's SG&A decreased $147 million, or 13.4%, in fiscal 2015 compared to the prior year.
Excluding the impact of foreign currency exchange rate fluctuations, the decrease in SG&A was $81 million.
In addition, the SG&A rate decreased by 0.8% of revenue in fiscal 2015.
The decrease in SG&A and SG&A rate was primarily driven by Renew Blue cost reductions and store closures in Canada.
Our International segment recorded $1 million of restructuring charges in fiscal 2015 and incurred $26 million of restructuring charges in fiscal 2014.
The restructuring charges had an immaterial impact on our operating income rate in fiscal 2015 and resulted in a decrease in our operating income rate in fiscal 2014 of 0.5% of revenue.
Refer to Note 4, Restructuring Charges, of the Notes to Consolidated Financial Statements, included in Item 8, Financial Statements and Supplementary Data, of this Annual Report on Form 10-K for further information about our restructuring activities.
Our International segment operating income of $13 million in fiscal 2015 compared to a loss of $1 million in the prior-year period.
The improvement in operating income was driven primarily by a decrease in SG&A, partially offset by a decrease in gross profit as described above.
KIMCO REALTY CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, continued The Company’s deferred tax assets and liabilities at December 31, 2014 and 2013, were as follows (in thousands):
## Table 1 ##
As of December 31, 2014, the Company had net deferred tax assets of $75.5 million comprised of (i) $43.2 million relating to the difference between the basis of accounting for federal and state income tax reporting and GAAP reporting for real estate assets, joint ventures, and other investments, net of $25.5 million of deferred tax liabilities, (ii) $19.8 million and $6.3 million for the tax effect of net operating loss carryovers within KRS and FNC, respectively, net of a valuation allowance within FNC of $25.0 million, (iii) $3.8 million for losses deferred for federal and state income tax purposes for transactions with related parties, (iv) $3.9 million for tax credit carryovers, (v) $4.0 million for capital loss carryovers, and (vi) $1.3 million of deferred tax assets related to its investments in Canada and Latin America, net of a valuation allowance of $9.3 million and deferred tax liabilities of $6.8 million.
General business tax credit carryovers of $1.5 million within KRS expire during taxable years from 2027 through 2033, and alternative minimum tax credit carryovers of $2.4 million do not expire.
The major differences between GAAP basis of accounting and the basis of accounting used for federal and state income tax reporting consist of impairment charges recorded for GAAP, but not recognized for tax purposes, depreciation and amortization, rental revenue recognized on the straight line method for GAAP, reserves for doubtful accounts, and the period in which certain gains were recognized for tax purposes, but not yet recognized under GAAP.
The Company had foreign net deferred tax liabilities of $5.5 million, related to its operations in Canada and Latin America, which consists primarily of differences between the GAAP book basis and the basis of accounting applicable to the jurisdictions in which the Company is subject to tax.
Deferred tax assets and deferred tax liabilities are included in the caption Other assets and Other liabilities on the accompanying Consolidated Balance Sheets at December 31, 2014 and 2013.
Operating losses and the valuation allowance are related primarily to the Company’s consolidation of its taxable REIT subsidiaries for accounting and reporting purposes.
For the year ended December 31, 2014, KRS produced $27.4 million of taxable income and utilized $27.4 million of its $72.8 million net operating loss carryovers.
For the year ended December 31, 2013, KRS produced $64.3 million of net operating loss carryovers which expire in 2033 and $10.0 million of capital loss carryforwards that expire in 2018.
At December 31, 2014 and 2013, FNC had $94.4 million and $108.4 million, respectively, of net operating loss carryovers which expire from 2021 through 2024.
During 2013, the Company determined that a reduction of $8.7 million of the valuation allowance against FNC’s deferred tax assets was deemed appropriate based on expected future taxable income.
The Company maintained a valuation allowance of $25.0 million within FNC to reduce the deferred tax asset of $42.5 million related to net operating loss carryovers to the amount the Company determined is more likely than not realizable.
The Company analyzed projected taxable income and the expected utilization of FNC’s remaining net operating loss carryovers and determined a partial valuation allowance was appropriate.
MetLife, Inc.  Notes to the Consolidated Financial Statements — (Continued) In September 2008, the Company completed a tax-free split-off of its majority-owned subsidiary, Reinsurance Group of America, Incorporated (“RGA”).
The Company and RGA entered into a recapitalization and distribution agreement, pursuant to which the Company agreed to divest substantially all of its 52% interest in RGA to the Company’s stockholders.
The split-off was effected through the following: ?
A recapitalization of RGA common stock into two classes of common stock — RGA Class A common stock and RGA Class B common stock.
Pursuant to the terms of the recapitalization, each outstanding share of RGA common stock, including the 32,243,539 shares of RGA common stock beneficially owned by the Company and its subsidiaries, was reclassified as one share of RGA Class A common stock.
Immediately thereafter, the Company and its subsidiaries exchanged 29,243,539 shares of its RGA Class A common stock — which represented all of the RGA Class A common stock beneficially owned by the Company and its subsidiaries other than 3,000,000 shares of RGA Class A common stock — with RGA for 29,243,539 shares of RGA Class B common stock.  ?
An exchange offer, pursuant to which the Company offered to acquire MetLife common stock from its stockholders in exchange for all of its 29,243,539 shares of RGA Class B common stock.
The exchange ratio was determined based upon a ratio of the value of the MetLife and RGA shares during the three-day period prior to the closing of the exchange offer.
The 3,000,000 shares of the RGA Class A common stock were not subject to the tax-free exchange.
As a result of completion of the recapitalization and exchange offer, the Company received from MetLife stockholders 23,093,689 shares of the Holding Company’s common stock with a market value of $1,318 million and, in exchange, delivered 29,243,539 shares of RGA’s Class B common stock with a net book value of $1,716 million.
The resulting loss on disposition, inclusive of transaction costs of $60 million, was $458 million.
During the third quarter of 2009, the Company incurred $2 million, net of income tax, of additional costs related to this split- off.
The 3,000,000 shares of RGA Class A common stock retained by the Company are marketable equity securities which do not constitute significant continuing involvement in the operations of RGA; accordingly, they were classified within equity securities in the consolidated financial statements of the Company at a cost basis of $157 million which is equivalent to the net book value of the shares.
The equity securities have been recorded at fair value at each subsequent reporting date.
The Company agreed to dispose of the remaining shares of RGA within the next five years.
In connection with the Company’s agreement to dispose of the remaining shares, the Company also recognized, in its provision for income tax on continuing operations, a deferred tax liability of $16 million which represents the difference between the book and taxable basis of the remaining investment in RGA.
On February 15, 2011, the Company sold to RGA such remaining shares.
The impact of the disposition of the Company’s investment in RGA was reflected in the Company’s consolidated financial statements as discontinued operations.
See Note 23.3.
Investments Fixed Maturity and Equity Securities Available-for-Sale The following tables present the cost or amortized cost, gross unrealized gain and loss, estimated fair value of the Company’s fixed maturity and equity securities and the percentage that each sector represents by the respective total holdings for the periods shown.
The unrealized loss amounts presented below include the noncredit loss component of OTTI loss:
## Table 2 ##
Other Purchases or Sales of Equity Securities The following chart discloses information regarding shares of Snap-on’s common stock that were sold by Citibank, N. A.
(“Citibank”) during the fourth quarter of 2013 pursuant to a prepaid equity forward transaction agreement (the “Agreement”) with Citibank that is intended to reduce the impact of market risk associated with the stock-based portion of the company’s deferred compensation plans.
The company’s stock-based deferred compensation liabilities, which are impacted by changes in the company’s stock price, increase as the company’s stock price rises and decrease as the company’s stock price declines.
Pursuant to the Agreement, Citibank may purchase or sell shares of the company’s common stock (for Citibank’s account) in the market or in privately negotiated transactions.
The Agreement has no stated expiration date, but the parties expect that each transaction under the Agreement will have a term of approximately one year.
The Agreement does not provide for Snap-on to purchase or repurchase shares.
The following chart discloses information regarding Citibank’s sales of Snap-on common stock during the fourth quarter of 2013 pursuant to the Agreement:

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="2">Revenue Mix Summary</td><td colspan="2">Comparable Store Sales Summary</td></tr><tr><td></td><td>12 Months Ended January 31, 2015</td><td>12 Months Ended February 1, 2014</td><td>12 Months Ended January 31, 2015</td><td>12 Months Ended February 1, 2014</td></tr><tr><td>Consumer Electronics</td><td>30%</td><td>29%</td><td>-5.1%</td><td>-9.7%</td></tr><tr><td>Computing and Mobile Phones</td><td>49%</td><td>50%</td><td>-2.8%</td><td>-1.7%</td></tr><tr><td>Entertainment</td><td>9%</td><td>10%</td><td>-5.2%</td><td>-9.3%</td></tr><tr><td>Appliances</td><td>5%</td><td>5%</td><td>-0.5%</td><td>-1.5%</td></tr><tr><td>Services</td><td>6%</td><td>6%</td><td>-4.7%</td><td>-6.3%</td></tr><tr><td>Other</td><td>1%</td><td><1%</td><td>n/a</td><td>n/a</td></tr><tr><td>Total</td><td>100%</td><td>100%</td><td>-3.5%</td><td>-5.1%</td></tr></table>
<table><tr><td> </td><td>2014</td><td>2013</td></tr><tr><td>Deferred tax assets:</td><td></td><td></td></tr><tr><td>Tax/GAAP basis differences</td><td>$68,702</td><td>$50,133</td></tr><tr><td>Net operating losses</td><td>51,142</td><td>72,716</td></tr><tr><td>Related party deferred losses</td><td>3,843</td><td>6,214</td></tr><tr><td>Tax credit carryforwards</td><td>3,899</td><td>3,773</td></tr><tr><td>Capital loss carryforwards</td><td>3,995</td><td>3,867</td></tr><tr><td>Charitable contribution carryforwards</td><td>11</td><td>-</td></tr><tr><td>Non-U.S. tax/GAAP basis differences</td><td>10,566</td><td>50,920</td></tr><tr><td>Valuation allowance – U.S.</td><td>-25,045</td><td>-25,045</td></tr><tr><td>Valuation allowance – Non-U.S.</td><td>-9,257</td><td>-38,667</td></tr><tr><td>Total deferred tax assets</td><td>107,856</td><td>123,911</td></tr><tr><td>Deferred tax liabilities – U.S.</td><td>-25,503</td><td>-21,302</td></tr><tr><td>Deferred tax liabilities – Non-U.S.</td><td>-6,812</td><td>-11,367</td></tr><tr><td>Net deferred tax assets</td><td>$75,541</td><td>$91,242</td></tr></table>
<table><tr><td></td><td colspan="6"> December 31, 2010</td></tr><tr><td></td><td> Cost or </td><td colspan="3"> Gross Unrealized</td><td> Estimated </td><td></td></tr><tr><td></td><td> Amortized </td><td></td><td> Temporary </td><td> OTTI </td><td> Fair </td><td> % of </td></tr><tr><td></td><td> Cost</td><td> Gain</td><td> Loss</td><td> Loss</td><td> Value</td><td> Total</td></tr><tr><td></td><td colspan="6"> (In millions)</td></tr><tr><td> Fixed Maturity Securities:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>U.S. corporate securities</td><td>$89,713</td><td>$4,486</td><td>$1,631</td><td>$—</td><td>$92,568</td><td>28.3%</td></tr><tr><td>Foreign corporate securities</td><td>65,784</td><td>3,333</td><td>939</td><td>—</td><td>68,178</td><td>20.8</td></tr><tr><td>RMBS</td><td>44,468</td><td>1,652</td><td>917</td><td>470</td><td>44,733</td><td>13.7</td></tr><tr><td>Foreign government securities</td><td>42,154</td><td>1,856</td><td>610</td><td>—</td><td>43,400</td><td>13.2</td></tr><tr><td>U.S. Treasury, agency and government guaranteed securities -1</td><td>32,469</td><td>1,394</td><td>559</td><td>—</td><td>33,304</td><td>10.2</td></tr><tr><td>CMBS</td><td>20,213</td><td>740</td><td>266</td><td>12</td><td>20,675</td><td>6.3</td></tr><tr><td>ABS</td><td>14,725</td><td>274</td><td>590</td><td>119</td><td>14,290</td><td>4.4</td></tr><tr><td>State and political subdivision securities</td><td>10,476</td><td>171</td><td>518</td><td>—</td><td>10,129</td><td>3.1</td></tr><tr><td>Other fixed maturity securities</td><td>6</td><td>1</td><td>—</td><td>—</td><td>7</td><td>—</td></tr><tr><td>Total fixed maturity securities -2, (3)</td><td>$320,008</td><td>$13,907</td><td>$6,030</td><td>$601</td><td>$327,284</td><td>100.0%</td></tr><tr><td> Equity Securities:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Common stock</td><td>$2,060</td><td>$146</td><td>$12</td><td>$—</td><td>$2,194</td><td>60.8%</td></tr><tr><td>Non-redeemable preferred stock -2</td><td>1,565</td><td>76</td><td>229</td><td>—</td><td>1,412</td><td>39.2</td></tr><tr><td>Total equity securities -4</td><td>$3,625</td><td>$222</td><td>$241</td><td>$—</td><td>$3,606</td><td>100.0%</td></tr></table>

Question: Does the value of U.S. corporate securities in Gain greater than that in COST?
Answer: no