hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
course of business , we actively manage our exposure to these market risks by entering into various hedging transactions , authorized under established policies that place clear controls on these activities . the counterparties in these transactions are generally highly rated institutions . we establish credit limits for each counterparty . our hedging transactions include but are not limited to a variety of derivative financial instruments . for information on interest rate , foreign exchange , commodity price , and equity instrument risk , please see note 7 to the consolidated financial statements in item 8 of this report . value at risk the estimates in the table below are intended to measure the maximum potential fair value we could lose in one day from adverse changes in market interest rates , foreign exchange rates , commodity prices , and equity prices under normal market conditions . a monte carlo value-at-risk ( var ) methodology was used to quantify the market risk for our exposures . the models assumed normal market conditions and used a 95 percent confidence level . the var calculation used historical interest and foreign exchange rates , and commodity and equity prices from the past year to estimate the potential volatility and correlation of these rates in the future . the market data were drawn from the riskmetrics 2122 data set . the calculations are not intended to represent actual losses in fair value that we expect to incur . further , since the hedging instrument ( the derivative ) inversely correlates with the underlying exposure , we would expect that any loss or gain in the fair value of our derivatives would be generally offset by an increase or decrease in the fair value of the underlying exposure . the positions included in the calculations were : debt ; investments ; interest rate swaps ; foreign exchange forwards ; commodity swaps , futures , and options ; and equity instruments . the calculations do not include the underlying foreign exchange and commodities or equity-related positions that are offset by these market-risk-sensitive instruments . the table below presents the estimated maximum potential var arising from a one-day loss in fair value for our interest rate , foreign currency , commodity , and equity market-risk-sensitive instruments outstanding as of may 27 , 2018 and may 28 , 2017 , and the average fair value impact during the year ended may 27 , 2018. .

Table:
in millions | fair value impact may 27 2018 | fair value impact averageduringfiscal 2018 | fair value impact may 282017
interest rate instruments | $ 33.2 | $ 27.5 | $ 25.1
foreign currency instruments | 21.3 | 23.1 | 24.6
commodity instruments | 1.9 | 2.1 | 3.2
equity instruments | 2.0 | 1.4 | 1.3
.

Question: what is the total fair value impact for all instruments as of may 27 , 2018?
Answer: 58.4
Calculation: add(33.2, 21.3), add(#0, 1.9), add(#1, 2.0)
loan commitments ( unfunded loans and unused lines of credit ) , asset purchase agreements , standby letters of credit and letters of credit are issued to accommodate the financing needs of state street 2019s clients and to provide credit enhancements to special purpose entities . loan commitments are agreements by state street to lend monies at a future date . asset purchase agreements are commitments to purchase receivables or securities , subject to conditions established in the agreements , and at december 31 , 2001 , include $ 8.0 billion outstanding to special purpose entities . standby letters of credit and letters of credit commit state street to make payments on behalf of clients and special purpose entities when certain specified events occur . standby letters of credit outstanding to special purpose entities were $ 608 million at december 31 , 2001 . these loan , asset purchase and letter of credit commitments are subject to the same credit policies and reviews as loans . the amount and nature of collateral are obtained based upon management 2019s assessment of the credit risk . approximately 89% ( 89 % ) of the loan commitments and asset purchase agreements expire within one year from the date of issue . sincemany of the commitments are expected to expire or renewwithout being drawn , the total commitment amounts do not necessarily represent future cash requirements . the following is a summary of the contractual amount of credit-related , off-balance sheet financial instruments at december 31: .

Table:
( dollars in millions ) | 2001 | 2000
indemnified securities on loan | $ 113047 | $ 101438
loan commitments | 12962 | 11367
asset purchase agreements | 10366 | 7112
standby letters of credit | 3918 | 4028
letters of credit | 164 | 218
state street corporation 53 .

Question: what percent did indemnified securities on loan increase between 2000 and 2001?
Answer: 11.44%
Calculation: subtract(113047, 101438), divide(#0, 101438)
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)  10. EARNINGS PER SHARE
Basic earnings per share is calculated on the basis of weighted average outstanding shares of common stock. Diluted earnings per share is computed on the basis of basic weighted average outstanding shares of common stock adjusted for the dilutive effect of stock options, restricted stock unit awards, and other dilutive securities. During the second quarter of fiscal 2019, we issued 77.5 million shares of our common stock out of treasury to the former shareholders of Pinnacle pursuant to the terms of the Merger Agreement. In addition, we issued 16.3 million shares of our common stock, par value $5.00 per share, in an underwritten public offering in connection with the financing of the Pinnacle acquisition, with net proceeds of $555.7 million (see Note 2).
The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:
For fiscal 2019, 2018, and 2017, there were 2.0 million, 1.3 million, and 0.8 million stock options outstanding, respectively, that were excluded from the computation of diluted weighted average shares because the effect was antidilutive.
Table:
 | 2019 | 2018 | 2017
Net income available to Conagra Brands, Inc. common stockholders: |  |  | 
Income from continuing operations attributable to Conagra Brands, Inc. common stockholders | $680.2 | $794.1 | $544.1
Income (loss) from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders | (1.9) | 14.3 | 95.2
Net income attributable to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $639.3
Less: Increase in redemption value of noncontrolling interests in excess of earnings allocated | — | — | 0.8
Net income available to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $638.5
Weighted average shares outstanding: |  |  | 
Basic weighted average shares outstanding | 444.0 | 403.9 | 431.9
Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities | 1.6 | 3.5 | 4.1
Diluted weighted average shares outstanding | 445.6 | 407.4 | 436.0


Question: What is the percentage change in diluted weighted average shares outstanding from 2018 to 2019?
Answer: 9.38
Calculation: (445.6-407.4)/407.4
11. INTEREST EXPENSES
Interest expenses consist of interest expense on the long-term debt, the commitment fee and amortization of deferred financing costs related to the Credit Facility described in Note 9.
For the years ended December 31, 2019, 2018 and 2017, $0.0 million, $2.6 million and $2.5 million of interest expenses were capitalized, respectively.
Table:
All amounts in USD ‘000  | 2019 | 2018 | 2017
Interest Expenses, net of capitalized interest   | 34,018 | 29,753 | 18,286
Commitment Fee   | - | 3,325 | 760
Amortization of Deferred Financing Costs   | 4,372 | 1,470 | 1,393
Other financial costs   | - | 1 | 25
Total Interest Expenses   | 38,390 | 34,549 | 20,464


Question: What is the percentage change in the total interest expense between 2018 and 2019?
Answer: 11.12
Calculation: (38,390 - 34,549)/34,549
5. Income taxes:
On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (the "TCJA"). The TCJA amended the Internal Revenue Code and reduced the corporate tax rate from a maximum of 35% to a flat 21% rate. The rate reduction was effective on January 1, 2018. The Company's net deferred tax assets represent a decrease in corporate taxes expected to be paid in the future. Under generally accepted accounting principles deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company's net deferred tax asset was determined based on the current enacted federal tax rate of 35% prior to the passage of the Act. As a result of the reduction in the corporate income tax rate from 35% to 21% and other provisions under the TCJA, the Company made reasonable estimates of the effects of the TCJA and revalued its net deferred tax asset at December 31, 2017 resulting in a reduction in the value of its net deferred tax asset of approximately $9.0 million and recorded a transition tax of $2.3 million related to its foreign operations for a total of $11.3 million, which was recorded as additional noncash income tax expense in the year ended December 31, 2017. As of December 31, 2018, the Company had collected all of the necessary data to complete its analysis of the effect of the TCJA on its underlying deferred income taxes and recorded a $0.1 million reduction in the value to its net deferred tax asset. The TCJA subjects a U.S. shareholder to current tax on global intangible low-taxed income earned by certain foreign subsidiaries. FASB Staff Q&A, Topic 740, No. 5, "Accounting for Global Intangible Low-Taxed Income", states that the Company is permitted to make an accounting policy election to either recognize deferred income taxes for temporary basis differences expected to reverse as global intangible low-taxed income in future years or provide for the income tax expense related to such income in the year the income tax is incurred. The Company has made an accounting policy to record these income taxes as a period cost in the year the income tax in incurred.
The components of income (loss) before income taxes consist of the following (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Domestic | $72,773 | $63,878 | $52,250
Foreign | (20,099) | (22,496) | (21,132)
Total income before income taxes | $52,674 | $41,382 | $31,118


Question: What are the respective domestic income before income taxes in 2017 and 2018?
Answer: $52,250, $63,878
12 . brokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: .

Table:
in millions of dollars | december 31 , 2016 | december 31 , 2015
receivables from customers | $ 10374 | $ 10435
receivables from brokers dealers and clearing organizations | 18513 | 17248
total brokerage receivables ( 1 ) | $ 28887 | $ 27683
payables to customers | $ 37237 | $ 35653
payables to brokers dealers and clearing organizations | 19915 | 18069
total brokerage payables ( 1 ) | $ 57152 | $ 53722
payables to brokers , dealers , and clearing organizations 19915 18069 total brokerage payables ( 1 ) $ 57152 $ 53722 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .

Question: as of december 31 , 2016 what was the ratio of receivables from brokers dealers and clearing organizations to payables to brokers dealers and clearing organizations?
Answer: .93
Calculation: divide(18513, 19915)
Pro forma consolidated results of operations
The following unaudited pro forma financial information presents combined results of operations for each of the periods presented as if the acquisitions of MOI and GP had been completed on January 1, 2018. The pro forma information includes adjustments to depreciation expense for property and equipment acquired and amortization expense for the intangible assets acquired and the elimination of transaction expenses recognized in each period. Transaction-related expenses associated with the acquisition and excluded from pro forma income from continuing operations were $1.0 million for the year ended December 31, 2019. There were no transaction-related expenses associated with the acquisition for the year ended December 31, 2018. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations or the combined business had the acquisitions of MOI and GP occurred on January 1, 2018, or the results of future operations of the combined business. For instance, planned or expected operational synergies following the acquisition are not reflected in the pro forma information. Consequently, actual results will differ from the unaudited pro forma information presented below.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
 | (unaudited)  | (unaudited)
Revenue | $72,576,902 | $60,249,896
Income from continuing operations | $6,912,802 | $1,559,008


Question: What is the average Revenue for December 31, 2018 and 2019?
Answer: 66413399
Calculation: (72,576,902+60,249,896) / 2
Results of Operations
Consolidated Results of Operations
The following tables present certain financial data for the periods indicated (dollars in millions):
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Revenues | $1,177.2 | $1,114.0 | $1,051.6
Expenses: |  |  | 
Operating expenses | 646.0 | 625.4 | 569.5
Depreciation and amortization | 236.2 | 217.0 | 206.5
Transition and integration costs | 5.4 | 6.6 | 13.1
Total expenses | 887.6 | 849.0 | 789.1
Operating income | 289.6 | 265.0 | 262.5
Operating margin | 24.6% | 23.8% | 25.0%
Interest expense, net | (63.5) | (51.7) | (57.5)
Other expense, net | (1.4) | (7.1) | (12.6)
Earnings before income taxes and equity in losses of unconsolidated affiliates | 224.7 | 206.2 | 192.4
Income tax expense (benefit) | 41.9 | 37.7 | (61.8)
Earnings before equity in losses of unconsolidated affiliates | 182.8 | 168.5 | 254.2
Equity in losses of unconsolidated affiliates, net of tax | (74.0) | — | —
Net earnings | $108.8 | $168.5 | $254.2
Earnings per share: |  |  | 
Net earnings per share attributable to Black Knight common shareholders: |  |  | 
Diluted | $0.73 | $1.14 | $1.47
Weighted average shares of common stock outstanding: |  |  | 
Diluted | 148.6 | 148.2 | 152.4


Question: What was the change in operating income between 2017 and 2018?
Answer: 2.5
Calculation: 265.0-262.5
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table contains information with respect to purchases made by or on behalf of CalAmp or any “affiliated purchaser” (as defined in Rule 10b-18(a)(3) under the Exchange Act), of our common stock during the following months of our fourth quarter ended February 28, 2019:
(1) Average price paid per share for shares purchased as part of our share repurchase program (includes brokerage commissions).
(2) On December 10, 2018, we announced that our Board of Directors authorized a new share repurchase program under which we may repurchase up to $20.0 million of our outstanding common stock over the next 12 months. As of February 28, 2019, $10.0 million of the $20.0 million had been utilized. Our share repurchase program does not obligate us to acquire any specific number of shares. Under the program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
Table:
 | Total Number of Shares Purchased | Average Price Paid per Share (1) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that may be Purchased Under the Plans or Programs (2)
December 1 - December 31, 2018 | 75,000 | $12.96 | 75,000 | $19,028,173
January 1 - January 31, 2019 | 524,577 | $14.00 | 524,577 | $11,685,543
February 1 - February 28, 2019 | 116,042 | $14.53 | 116,042 | $10,000,013
Total | 715,619 | $13.97 | 715,619 | $10,000,013


Question: How many shares did the company purchase in December 2018?
Answer: 75,000
Constant underlying earnings per share
Constant underlying earnings per share (constant underlying EPS) is calculated as underlying profit attributable to shareholders’ equity at constant exchange rates and excluding the impact of both translational hedges and price growth in excess of 26% per year in hyperinflationary economies divided by the diluted average number of ordinary share units. This measure reflects the underlying earnings for each ordinary share unit of the Group in constant exchange rates.
The reconciliation of underlying profit attributable to shareholders’ equity to constant underlying earnings attributable to shareholders’ equity and the calculation of constant underlying EPS is as follows:
(a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.
(b) See note 7.
(c) See pages 28 and 29 for further details.
Table:
 | € million | € million
 | 2019 | 2018
 |  | (Restated)(a)
Underlying profit attributable to shareholders’ equity(b) | 6,688 | 6,345
Impact of translation from current to constant exchange rates and translational hedges | 13 | 46
Impact of price growth in excess of 26% per year in hyperinflationary economies(c) | (108) | (10)
Constant underlying earnings attributable to shareholders’ equity | 6,593 | 6,381
Diluted combined average number of share units (millions of units) | 2,626.7 | 2,694.8
Constant underlying EPS (€) | 2.51 | 2.37


Question: What does the constant underlying earnings per share reflect?
Answer: underlying earnings for each ordinary share unit of the Group in constant exchange rates
IBM Working Capital
Working capital decreased $10,200 million from the year-end
2018 position. The key changes are described below:
Current assets decreased $10,726 million ($10,477 million adjusted for currency) due to: • A decline in receivables of $6,769 million ($6,695 million adjusted for currency) driven by a decline in financing receivables of $8,197 million primarily due to the wind down of OEM IT commercial financing operations; partially offset by an increase in other receivables of $989 million primarily related to divestitures; and • A decrease of $3,213 million ($3,052 million adjusted for currency) in cash and cash equivalents, restricted cash, and marketable securities primarily due to retirement of debt.
Current liabilities decreased $526 million ($449 million adjusted
for currency) as a result of:
• A decrease in accounts payable of $1,662 million primarily due to the wind down of OEM IT commercial financing operations; and • A decrease in short-term debt of $1,410 million due to maturities of $12,649 million and a decrease in commercial paper of $2,691 million; partially offset by reclassifications of $7,592 million from long-term debt to reflect upcoming maturities and issuances of $6,334 million; offset by • An increase in operating lease liabilities of $1,380 million as a result of the adoption of the new leasing standard on January 1, 2019; and • An increase in deferred income of $861 million ($890 million adjusted for currency).
Table:
($ in millions) |  | 
At December 31: | 2019 | 2018
Current assets | $38,420 | $49,146
Current liabilities | 37,701 | 38,227
Working capital | $   718 | $10,918
Current ratio | 1.02:1 | 1.29:1


Question: What caused the current liabilities to decrease?
Answer: • A decrease in accounts payable of $1,662 million primarily due to the wind down of OEM IT commercial financing operations; and • A decrease in short-term debt of $1,410 million due to maturities of $12,649 million and a decrease in commercial paper of $2,691 million; partially offset by reclassifications of $7,592 million from long-term debt to reflect upcoming maturities and issuances of $6,334 million; offset by • An increase in operating lease liabilities of $1,380 million as a result of the adoption of the new leasing standard on January 1, 2019; and • An increase in deferred income of $861 million ($890 million adjusted for currency).
issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) .

Table:
period | total number of shares purchased | average price paid per share | total number of shares purchased as part of publicly announced program ( a ) | amount available for future share repurchases under the program ( b ) ( in millions )
october 1 2012 2013 october 28 2012 | 842445 | $ 93.38 | 842445 | $ 2522
october 29 2012 2013 november 25 2012 | 872973 | 90.86 | 872973 | 2443
november 26 2012 2013 december 31 2012 | 1395288 | 92.02 | 1395288 | 2315
total | 3110706 | $ 92.07 | 3110706 | $ 2315
( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 .
( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion .
under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation .
the program does not have an expiration date .
as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .

Question: what is the total value of repurchased shares during october 2012 , in millions?
Answer: 78.7
Calculation: multiply(842445, 93.38), divide(#0, const_1000000)