hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Adoption of ASC 606
On January 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers, applying the modified retrospective method to all contracts not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period.
The impact of adopting the standard primarily related to a change in the timing of revenue recognition for voyage charter contracts. In the past, the Company recognized revenue from voyage charters ratably over the estimated length of each voyage, calculated on a discharge-to-discharge basis.
Under the new standard, the Company recognizes revenue from voyage charters ratably over the estimated length of each voyage, calculated on a load-to-discharge basis. In addition, the adoption of ASC 606 resulted in a corresponding change in the timing of recognition of voyage expenses for voyage charter contracts.
The cumulative effect of the changes made to the Company's consolidated January 1, 2018 balance sheet for the adoption of ASC 606 was as follows:
For the year ended December 31, 2018, revenues increased by $1,418, net income increased by $1,101 and basic and diluted net income per share increased by $0.01 as a result of applying ASC 606.
Table:
 | Balance at December 31, 2017 | Adjustments Due to ASC 606 | Balance at January 1, 2018
Assets |  |  | 
Voyage receivables | $24,209 | $1,336 | $25,545
Liabilities |  |  | 
Deferred income taxes | 83,671 | (108) | 83,563
Equity |  |  | 
Accumulated deficit | (265,758) | (1,228) | (266,986)


Question: What is the change in Liabilities: Deferred income taxes from Balance at December 31, 2017 to January 1, 2018?
Answer: -108
Calculation: 83,563-83,671
Note 12—Property, Plant and Equipment
Property, plant and equipment, net consisted of the following:
Depreciation expense was $61 million, $56 million and $55 million for fiscal 2019, 2018 and 2017, respectively.
Table:
 | January 3, 2020 | December 28, 2018
 | (in millions) | 
Computers and other equipment | $259 | $233
Leasehold improvements | 203 | 206
Office furniture and fixtures | 37 | 36
Buildings and improvements | 23 | 56
Land | 4 | 40
Construction in progress | 104 | 15
 | 630 | 586
Less: accumulated depreciation and amortization | (343) | (349)
 | $ 287 | $ 237


Question: What was the depreciation expense in 2019, 2018 and 2017 respectively?
Answer: $61 million, $56 million, $55 million
stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .

Table:
company index | december 31 2011 | december 31 2012 | december 31 2013 | december 31 2014 | december 31 2015 | december 31 2016
delphi automotive plc ( 1 ) | $ 100.00 | $ 177.58 | $ 283.02 | $ 347.40 | $ 414.58 | $ 331.43
s&p 500 ( 2 ) | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
automotive supplier peer group ( 3 ) | 100.00 | 127.04 | 188.67 | 203.06 | 198.34 | 202.30
dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively .
in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .

Question: what was the percentage return for the 5 year period ending december 31 2016 of delphi automotive plc?
Answer: 231.43%
Calculation: subtract(331.43, const_100), divide(#0, const_100)
american tower corporation and subsidiaries notes to consolidated financial statements loss on retirement of long-term obligations 2014loss on retirement of long-term obligations primarily includes cash paid to retire debt in excess of its carrying value , cash paid to holders of convertible notes in connection with note conversions and non-cash charges related to the write-off of deferred financing fees . loss on retirement of long-term obligations also includes gains from repurchasing or refinancing certain of the company 2019s debt obligations . earnings per common share 2014basic and diluted 2014basic income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period . diluted income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period and any dilutive common share equivalents , including unvested restricted stock , shares issuable upon exercise of stock options and warrants as determined under the treasury stock method and upon conversion of the company 2019s convertible notes , as determined under the if-converted method . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . the company 2019s matching contribution for the years ended december 31 , 2012 , 2011 and 2010 is 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions . for the years ended december 31 , 2012 , 2011 and 2010 , the company contributed approximately $ 4.4 million , $ 2.9 million and $ 1.9 million to the plan , respectively . 2 . prepaid and other current assets prepaid and other current assets consist of the following as of december 31 , ( in thousands ) : .

Table:
 | 2012 | 2011 ( 1 )
prepaid income tax | $ 57665 | $ 31384
prepaid operating ground leases | 56916 | 49585
value added tax and other consumption tax receivables | 22443 | 81276
prepaid assets | 19037 | 28031
other miscellaneous current assets | 66790 | 59997
balance as of december 31, | $ 222851 | $ 250273
( 1 ) december 31 , 2011 balances have been revised to reflect purchase accounting measurement period adjustments. .

Question: for 2012 , tax related assets were how much of total current assets and prepaids?\\n\\n
Answer: 36%
Calculation: add(57665, 22443), divide(#0, 222851)
(d) Product Warranties
The following table summarizes the activity related to the product warranty liability (in millions):
We accrue for warranty costs as part of our cost of sales based on associated material product costs, labor costs for technical support staff, and associated overhead. Our products are generally covered by a warranty for periods ranging from 90 days to five years, and for some products we provide a limited lifetime warranty.
Table:
 | July 27, 2019 | July 28, 2018 | July 29, 2017
Balance at beginning of fiscal year | $359 | $407 | $414
Provisions for warranties issued | 600 | 582 | 691
Adjustments for pre-existing warranties | (12) | (38) | (21)
Settlements | (603) | (592) | (677)
Acquisitions and divestitures | (2) | — | —
Balance at end of fiscal year | $342 | $359 | $407


Question: Which years does the table provide information for the company's activity related to their product warranty liability?
Answer: 2019, 2018, 2017
(1) For the three-month period ended August 31, 2019, the average foreign exchange rate used for translation was 1.3222 USD/CDN. (2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy. For further details, please consult the "Accounting policies" section. (3) Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1.3100 USD/CDN.
REVENUE Fiscal 2019 fourth-quarter revenue increased by 7.0% (6.0% in constant currency). In local currency, revenue amounted to US$199.5 million compared to US$188.1 million for the same period of fiscal 2018. The increase resulted mainly from: • rate increases; • activation of bulk properties in Florida during the fourth quarter of fiscal 2019; • continued growth in Internet service customers; and • the FiberLight acquisition completed in the first quarter of fiscal 2019; partly offset by • a decrease in video service customers.
OPERATING EXPENSES Fiscal 2019 fourth-quarter operating expenses increased by 8.6% (7.6% in constant currency) mainly as a result of: • programming rate increases; • the FiberLight acquisition completed in the first quarter of fiscal 2019; • higher compensation expenses due to higher headcount to support growth; and • higher marketing initiatives to drive primary service units growth.
ADJUSTED EBITDA Fiscal 2019 fourth-quarter adjusted EBITDA increased by 5.1% (4.1% in constant currency). In local currency, adjusted EBITDA amounted to US$87.4 million compared to US$83.9 million for the same period of fiscal 2018. The increase was mainly due to organic growth combined with the impact of the FiberLight acquisition.
ACQUISITIONS OF PROPERTY, PLANT AND EQUIPMENT Fiscal 2019 fourth-quarter acquisitions of property, plant and equipment decreased by 9.5% (10.5% in constant currency) mainly due to: • lower purchases of customer premise equipment due to the timing of certain initiatives; and • lower capital expenditures due to the timing of certain initiatives; partly offset by • additional capital expenditures related to the expansion in Florida.
Table:
Three months ended August 31, | 2019(1) | 2018(2) | Change | Change in constant currency(3) | Foreign exchange impact(3)
(in thousands of dollars, except percentages) | $ | $ | % | % | $
Revenue | 263,738 | 246,443 | 7.0 | 6.0 | 2,427
Operating expenses | 148,215 | 136,506 | 8.6 | 7.6 | 1,370
Adjusted EBITDA | 115,523 | 109,937 | 5.1 | 4.1 | 1,057
Adjusted EBITDA margin | 43.8% | 44.6% |  |  | 
Acquisitions of property, plant and equipment | 65,967 | 72,914 | (9.5) | (10.5) | 704
Capital intensity | 25.0% | 29.6% |  |  | 


Question: What was the exchange rate in 2018?
Answer: 1.3100 USD/CDN
Lines of Credit
The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility discussed above, and the amounts available under our accounts receivable securitization programs.
(1) Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and borrowings under lines of credit available to several subsidiaries.
(2) Of the total available lines of credit, $1,137.4 million were committed as of December 31, 2019.
Table:
 | December 31, | 
(In millions) | 2019 | 2018
Used lines of credit (1) | $ 98.9 | $ 232.8
Unused lines of credit | 1,245.2 | 1,135.3
Total available lines of credit(2) | $ 1,344.1 | $ 1,368.1


Question: What years are included in the table?
Answer: 2019, 2018
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the accrued cost of the post-retirement life insurance plan are classified in the following lines in the Consolidated Balance Sheets at December 31:
Table:
 | Post-Retirement Life Insurance Plan | 
 | 2019 | 2018
Accrued expenses and other liabilities | $(393) | $(407)
Long-term pension obligations | (4,373) | (4,188)
Total accrued cost | $(4,766) | $(4,595)


Question: What was the change in the Accrued expenses and other liabilities between 2018 and 2019?
Answer: 14
Calculation: -393-(-407)
NON-GAAP FINANCIAL MEASURES
Non-GAAP operating income, net income, and diluted EPS are non-GAAP financial measures which exclude the net tax impact of transfer of intangible properties, the net tax impact of the TCJA, and restructuring expenses. We believe these non-GAAP measures aid investors by providing additional insight into our operational performance and help clarify trends affecting our business. For comparability of reporting, management considers non-GAAP measures in conjunction with GAAP financial results in evaluating business performance. These non-GAAP financial measures presented should not be considered a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP.
The following table reconciles our financial results reported in accordance with GAAP to non-GAAP financial results:
* Not meaningful.
Table:
(In millions, except percentages and per share amounts) | 2019 | 2018 | 2017 | Percentage Change 2019 Versus 2018 | Percentage Change 2018 Versus 2017
Operating income | $42,959 | $35,058 | $  29,025 | 23% | 21%
Net tax impact of transfer of intangible properties | 0 | 0 | 0 | * | *
Net impact of the TCJA | 0 | 0 | 0 | * | *
Restructuring expenses | 0 | 0 | 306 | * | *
Non-GAAP operating income | $42,959 | $35,058 | $ 29,331 | 23% | 20%
Net income | $39,240 | $16,571 | $ 25,489 | 137% | (35)%
Net tax impact of transfer of intangible properties | (2,567) | 0 | 0 | * | *
Net tax impact of the TCJA | 157 | 13,696 | 0 |  | 
Restructuring expenses | 0 | 0 | 243 | * | *
Non-GAAP net income | $36,830 | $30,267 | $ 25,732 | 22% | 18%
Diluted earnings per share | $5.06 | $2.13 | $ 3.25 | 138% | (34)%
Net tax impact of transfer of intangible properties | (0.33) | 0 | 0 | * | *
Net tax impact of the TCJA | 0.02 | 1.75 | 0 | * | *
Restructuring expenses | 0 | 0 | 0.04 | * | *
Non-GAAP diluted earnings per share | $4.75 | $3.88 | $ 3.29 | 22% | 18%
* not meaningful |  |  |  |  | 


Question: Why does management consider non-GAAP measures in conjunction with GAAP financial results?
Answer: management considers non-GAAP measures in conjunction with GAAP financial results in evaluating business performance.
Stock-based compensation expense is recognized in the Company’s consolidated statements of operations and includes compensation expense for the stock-based compensation awards granted or modified subsequent to January 1, 2006, based on the grant date fair value estimated in accordance with the provisions of the amended authoritative guidance. The impact on the Company’s results of operations of recording stock-based compensation expense for fiscal years 2019, 2018, and 2017 was as follows (in thousands):
No stock-based compensation was capitalized or included in inventories at the end of 2019, 2018 and 2017.
Table:
 |  | Fiscal Years | 
 | 2019 | 2018 | 2017
Cost of revenue | $78 | $129 | $121
Research and development | 2,242 | 760 | 614
Selling, general and administrative | 824 | 1,012 | 706
Total costs and expenses | $3,144 | $1,901 | $1,441


Question: What is the total stock-based compensation for the cost of revenue in 2018 and 2019?
Answer: 207
Calculation: ($129 + $78)
5. Goodwill and Purchased Intangible Assets
(b) Purchased Intangible Assets
The following table presents the amortization of purchased intangible assets (in millions):
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Amortization of purchased intangible assets: |  |  | 
Cost of sales . | $624 | $640 | $556
Operating expenses |  |  | 
Amortization of purchased intangible assets | 150 | 221 | 259
Restructuring and other charges | — | — | 38
Total  . | $774 | $861 | $853


Question: How many years did Amortization of purchased intangible assets exceed $200 million?
Answer: 2
Calculation: 2018##2017
GAINS (LOSSES) ON EQUITY INVESTMENTS AND INTEREST AND OTHER, NET
GAINS (LOSSES) ON EQUITY INVESTMENTS, NET
Ongoing mark-to-market net gains and losses reported in 2019 and 2018 were primarily driven by ASML Holding N.V. (ASML) and Cloudera Inc. (Cloudera). During 2019 we sold our equity investment in ASML.
In 2019, we recognized $293 million in observable price adjustments primarily from one investment.
During 2018, we recognized an impairment charge of $290 million in our equity method investment in IMFT. During 2017, we recognized impairment charges in our investments of Cloudera for $278 million and Unisoc for $308 million.
Major drivers of sales of equity investments and other in 2019 were dividends of $632 million from McAfee and a gain of $107 million from our sale of our non-controlling interest in IMFT. In 2017, we recognized $3.4 billion in realized gains on sales of a portion of our interest in ASML.
INTEREST AND OTHER, NET
We recognized a higher net gain in interest and other in 2019 compared to 2018, primarily due to lower loss on debt conversions and larger divestiture gains in 2019 compared to 2018.
We recognized a net gain in interest and other in 2018 compared to a net loss in 2017, primarily due to lower losses on debt conversions, higher assets under construction resulting in more capitalized interest, and larger divestiture gains in 2018 compared to 2017.
Table:
Years Ended | Dec 28, | Dec 29, | Dec 30,
(In Millions) | 2019 | 2018 | 2017
Ongoing mark-to market adjustments on marketable equity securities | $277 | $(129) | $ —
Observable price adjustments on non-marketable equity securities | 293 | 202 | —
Impairment charges | (122) | (424) | (833)
Sale of equity investments and other | 1,091 | 226 | 3,484
Gains (losses) one equity investments, net | $1,539 | $(125) | $2,651
Interest and other, net | $484 | $126 | $(349)


Question: What is the proportion of equity method investment in IMFT in impairment charge in 2018?
Answer: 68.4
Calculation: 290 / 424
Key Operating Metrics and Non-GAAP Financial Measures
We collect and analyze operating and financial data to evaluate the health of our business, allocate our

resources, and assess our performance. In addition to revenue, net loss, and other results under  generally accepted accounting principles (GAAP), the following table sets forth key operating metrics and non-GAAP financial measures we use to evaluate our business. We believe these metrics and measures are useful to facilitate period-to-period comparisons of our business, and to facilitate comparisons of our performance to that of other payment processors. Each of these metrics and measures excludes the effect of our processing agreement with Starbucks which transitioned to another payments solutions provider in the fourth quarter of 2016. As we do not expect transactions with Starbucks to recur, we believe it is useful to exclude Starbucks activity to clearly show the impact Starbucks has had on our financial results historically. Our agreements with other sellers generally provide both those sellers and us the unilateral right to terminate such agreements at any time, without fine or

penalty.
Gross Payment Volume (GPV)
We define GPV as the total dollar amount of all card payments processed by sellers using Square, net of refunds. Additionally, GPV includes Cash App activity related to peer-to-peer payments sent from a credit card and Cash for Business. As described above, GPV excludes card payments processed for Starbucks
Adjusted Revenue
Adjusted Revenue is a non-GAAP financial measure that we define as our total net revenue less transaction-based costs and bitcoin costs, and we add back the impact of the acquired deferred revenue adjustment, which was written down to fair value in purchase. This measure is also adjusted to eliminate the effect of activity with Starbucks, which ceased using our payments solutions altogether in the fourth quarter of 2016, and we believe that providing Adjusted Revenue metrics that exclude the impact of our agreement with Starbucks is useful to investors.
Table:
 |  |  | Year Ended December 31, |  | 
 | 2018 | 2017 | 2016 | 2015 | 2014
 |  |  | (in thousands, except for GPV and per share data) |  | 
Gross Payment Volume (GPV)(in millions) | $84,654 | $65,343 | $49,683 | $35,643 | $23,780
Adjusted Revenue | $1,587,641 | $983,963 | $686,618 | $452,168 | $276,310
Adjusted EBITDA | $256,523 | $139,009 | $44,887 | $(41,115) | $(67,741)
Adjusted Net Income (Loss) Per Share: |  |  |  |  | 
Basic | $0.55 | $0.30 | $0.04 | $(0.39) | $(0.62)
Diluted | $0.47 | $0.27 | $0.04 | $(0.39) | $(0.62)


Question: How much is the change of adjusted EBITDA from 2015 to 2016?
Answer: 86002
Calculation: 44,887 - (-41,115)
Operating Expenses
Cost of Services Cost of services increased $549 million, or 3.6%, during 2019 compared to 2018, primarily due to increases in rent expense as a result of adding capacity to the networks to support demand as well as an increase due to the adoption of the new lease accounting standard in 2019, increases in costs related to the device protection package offered to our wireless retail postpaid customers, as well as regulatory fees.
These increases were partially offset by decreases in employee-related costs primarily due to the Voluntary Separation Program, as well as decreases in access costs and roaming.
Cost of Wireless Equipment Cost of wireless equipment decreased $544 million, or 2.9%, during 2019 compared to 2018, primarily as a result of declines in the number of wireless devices sold as a result of an elongation of the handset upgrade cycle. These decrease were partially offset by a shift to higher priced devices in the mix of wireless devices sold.
Selling, General and Administrative Expense Selling, general and administrative expense increased $938 million, or 6.0%, during 2019 compared to 2018, primarily due to increases in sales commission and bad debt expense, and an increase in advertising costs. The increase in sales commission expense during 2019 compared to 2018 was primarily due to a lower net deferral of commission costs as a result of the adoption of Topic 606 on January 1, 2018 using a modified retrospective approach.
These increases were partially offset by decreases in employee-related costs primarily due to the Voluntary Separation Program.
Depreciation and Amortization Expense Depreciation and amortization expense decreased $599 million, or 5.0%, during 2019 compared to 2018, driven by the change in the mix of total Verizon depreciable assets and Consumer’s usage of those assets.
Table:
 |  |  | (dollars in millions) Increase/ (Decrease) | 
Years Ended December 31, | 2019 | 2018 | 2019 vs. 2018 | 
Cost of services  | $15,884 | $15,335 | $ 549 | 3.6%
Cost of wireless equipment  | 18,219 | 18,763 | (544) | (2.9)
Selling, general and administrative expense  | 16,639 | 15,701 | 938 | 6.0
Depreciation and amortization expense  | 11,353 | 11,952 | (599) | (5.0)
Total Operating Expenses  | $ 62,095 | $ 61,751 | $ 344 | 0.6


Question: What is the change in Cost of services from 2018 to 2019?
Answer: 549
Calculation: 15,884-15,335
Relative importance of the spend on pay
The following table shows the Group’s actual spend on pay for all employees compared to distributions to shareholders. The average number of employees has also been included for context. Revenue and Operating profit have also been disclosed as these are two key measures of Group performance.
1 2018 comparatives have been restated to reflect the adoption of IFRS 9, IFRS 15 and IFRS 16, and to include share buybacks.
Table:
 | 2019 | Restated 2018 | 
 | £m | £m | % change
Employee costs (see note 7 to the consolidated financial statements) | 56.0 | 54.5 | 3%
Average number of employees (see note 6 to the consolidated financial statements) | 802 | 822 | 3%
Revenue (see Consolidated income statement) | 355.1 | 330.1 | 8%
Operating profit | 243.7 | 221.3 | 10%
Dividends paid and proposed and share buybacks (see notes 26 and 27 to the consolidated financial statements) | 156.4 | 152.8¹ | 2%


Question: Which items in the table are key measures of Group performance?
Answer: Revenue, Operating profit