next-tat/TAT-QA huggingface dataset:
December 31,
2019
2018
Building and improvements
$1,273
$1,273
Scientific equipment
597
598
Computer hardware and software
106
107
Machinery and equipment
274
275
Land and improvements
162
162
Other personal property
70
70
Office equipment
27
27
2,509
2,512
Less: accumulated depreciation
(1,969)
(1,906)
Total property, plant and equipment, net
$ 540
$ 606

text: NOTE 5 – PROPERTY, PLANT AND EQUIPMENT
text: Property, plant and equipment is summarized as follows (in thousands):
text: We do not have leasehold improvements nor do we have capitalized leases. Costs of betterments are capitalized while maintenance costs and repair costs are charged to operations as incurred. When a depreciable asset is retired from service, the cost and accumulated depreciation will be removed from the respective accounts.
text: Depreciation expense was $66 thousand and $73 thousand for each of the years ended December 31, 2019 and 2018, respectively.

Questions:
question: What was the depreciation expense in 2018?
answer: $73 thousand
question: What are the accounting treatments for disposed assets?
answer: When a depreciable asset is retired from service, the cost and accumulated depreciation will be removed from the respective accounts.
question: What is the net total for property, plant and equipment in 2019?
answer: $ 540
scale: thousand
question: How much of scientific equipment is being decapitalized from 2018 to 2019? 
answer: 1
derivation: 598 - 597 
scale: thousand
question: How much assets were decapitalized from 2018 to 2019?
answer: 3
derivation: 2,512 - 2,509 
scale: thousand
question: What is the percentage decrease in Net Total Property, Plant and Equipment from 2018 to 2019?
answer: 10.89
derivation: (606 - 540) / 606 
scale: percent
Payments due between
Total
July 1, 2019— June 30, 2020
July 1, 2020— June 30, 2022
July 1, 2022— June 30, 2024
July 1, 2024 and beyond
Long-term debt obligations (1)
$3,408,565
$147,059
$292,156
$1,045,567
$1,923,783
Operating lease obligations (2)
318,851
72,853
106,394
59,441
80,163
Purchase obligations
11,280
8,364
2,747
169
—
$3,738,696
$228,276
$401,297
$1,105,177
$2,003,946

text: Commitments and Contractual Obligations
text: As of June 30, 2019, we have entered into the following contractual obligations with minimum payments for the indicated fiscal periods as follows:
text: 1) Includes interest up to maturity and principal payments. Please see note 10 "Long-Term Debt" for more details.
text: (2) Net of $30.7 million of sublease income to be received from properties which we have subleased to third parties.

Questions:
question: What does the table show?
answer: contractual obligations with minimum payments for the indicated fiscal periods
question: For Operating lease obligations, what is the Net of value for sublease income to be received from properties which have been subleased to third parties?
answer: $30.7 million
question: What is the Total Commitments and Contractual Obligations?
answer: 3,738,696
scale: thousand
question: What is the average annual fiscal year Long-term debt obligations for fiscal year 2020 to 2024?
answer: 296956.4
derivation: (147,059+292,156+1,045,567)/5
scale: thousand
question: What is the Total obligations of July 1, 2024 and beyond expressed as a percentage of Total obligations?
answer: 53.6
derivation: 2,003,946/3,738,696
scale: percent
question: For July 1, 2024 and beyond, what is Long-term debt obligations expressed as a percentage of Total obligations?
answer: 96
derivation: 1,923,783/2,003,946
scale: percent
Years ended December31
(In millions of dollars, except tax rates)
2019
2018
Statutory income tax rate
26.7%
26.7%
Income before income tax expense
2,755
2,817
Computed income tax expense
736
752
Increase (decrease) in income tax expense resulting from:
Non-deductible stock-based compensation
–
5
Non-deductible portion of equity losses
7
1
Income tax adjustment, legislative tax change
(23)
-
Non-taxable portion of capital gains
(2)
(9)
Other items
(6)
9
Total income tax expense
712
758
Effective income tax rate
25.8%
26.9%
Cash income taxes paid
400
370

text: INCOME TAX EXPENSE
text: Below is a summary of the difference between income tax expense computed by applying the statutory income tax rate to income before income tax expense and the actual income tax expense for the year.
text: Our effective income tax rate this year was 25.8% compared to 26.9% for 2018. The effective income tax rate for 2019 was lower than the statutory tax rate primarily as a result of a reduction to the Alberta corporate income tax rate over a four-year period.
text: Cash income taxes paid increased this year primarily as a result of the timing of installment payments.

Questions:
question: What was the effective tax rate in 2019?
answer: 25.8%
question: What was the effective tax rate in 2018?
answer: 26.9%
question: What was the reason was decrease in effective tax rate from 2019 to 2018?
answer: result of a reduction to the Alberta corporate income tax rate over a four-year period
question: What was the increase / (decrease) in Income before income tax expense from 2019 to 2018?
answer: -62
derivation: 2,755 - 2,817
scale: million
question: What was the average Computed income tax expense?
answer: 744
derivation: (736 + 752) / 2
scale: million
question: What was the percentage increase / (decrease) in Total income tax expense from 2018 to 2019?
answer: -6.07
derivation: 712 / 758 - 1
scale: percent
2019
2018
2019
2018
At December 31,
Change in benefit obligation:
Change in benefit obligation:
Benefit obligation at beginning of year
$44,015
$48,500
$3,401
$4,548
Cost of benefits earned (service cost)
—
—
105
119
Interest cost on benefit obligation
1,802
1,673
140
142
Actuarial losses/(gains)
3,805
(3,456)
84
(1,206)
Benefits paid
(2,686)
(2,702)
(158)
(202)
Benefit obligation at year end
46,936
44,015
3,572
3,401
Change in plan assets:
Fair value of plan assets at beginning of year
31,929
35,591
—
—
Actual return on plan assets
6,790
(1,882)
—
—
Employer contributions
721
922
158
202
Benefits paid
(2,686)
(2,702)
(158)
(202)
Fair value of plan assets at year end
36,754
31,929
—
—
Unfunded status at December 31
$(10,182)
$(12,086)
$(3,572)
$(3,401)

text: Postretirement Benefit Plans
text: The Company also provides certain postretirement health care and life insurance benefits to qualifying domestic retirees and their eligible dependents. The health care plan for shore-based employees and their dependents and seagoing licensed deck officers (“Deck Officers”) and their dependents is contributory at retirement, while the life insurance plan for all employees is noncontributory.
text: In general, postretirement medical coverage is provided to shore-based employees hired prior to January 1, 2005 and all Deck Officers who retire and have met minimum age and service requirements under a formula related to total years of service. The Company no longer provides prescription drug coverage to its retirees or their beneficiaries once they reach age 65.
text: The Company does not currently fund these benefit arrangements and has the right to amend or terminate the health care and life insurance benefits at any time.
text: Information with respect to the domestic pension and postretirement benefit plans for which the Company uses a December 31 measurement date, follow:

Questions:
question: What benefits are provided by the company to qualifying domestic retirees and their eligible dependents?
answer: certain postretirement health care and life insurance benefits
question: What is the change in Interest cost on benefit obligation for pension benefits from December 31, 2018 and 2019?
answer: 129
derivation: 1,802-1,673
question: What is the average Interest cost on benefit obligation for pension benefits for December 31, 2018 and 2019?
answer: 1737.5
derivation: (1,802+1,673) / 2
question: In which year was Benefit obligation at beginning of year for pension benefits less than 45,000?
answer: 2019
derivation: locate and analyze Benefit obligation at beginning of year in row 3
question: What was the Interest cost on benefit obligation in 2019 and 2018 respectively?
answer: 1,802
1,673
question: What was the Benefit obligation at year end of 2019 for pension benefits?
answer: 46,936
Fiscal Year End
2019
2018
(in millions)
Accrued payroll and employee benefits
$  455
$  565
Dividends payable to shareholders
308
303
Restructuring reserves
245
141
Income taxes payable
94
109
Deferred revenue
36
27
Interest payable
31
34
Share repurchase program payable
18
94
Other
426
438
Accrued and other current liabilities
$ 1,613
$  1,711

text: 10. Accrued and Other Current Liabilities
text: Accrued and other current liabilities consisted of the following:

Questions:
question: What was the amount of Accrued and other current liabilities in 2019?
answer: $ 1,613
scale: million
question: In which years was Accrued and Other Current Liabilities calculated for?
answer: 2019
2018
question: What are the components which comprise of Accrued and Other Current Liabilities?
answer: Accrued payroll and employee benefits
Dividends payable to shareholders
Restructuring reserves
Income taxes payable
Deferred revenue
Interest payable
Share repurchase program payable
Other
question: In which year was the amount of Deferred revenue larger?
answer: 2019
derivation: 36>27
question: What was the change in deferred revenue in 2019 from 2018?
answer: 9
derivation: 36-27
scale: million
question: What was the percentage change in deferred revenue in 2019 from 2018?
answer: 33.33
derivation: (36-27)/27
scale: percent
Fiscal year-end
2019
2018
Useful Life
Land
$19,490
$17,655
Buildings and improvements
173,333
165,535
5 - 40 years
Equipment, furniture and fixtures
389,225
359,721
3 - 10 years
Leasehold improvements
94,878
89,399
shorter of asset life or lease term
676,926
632,310
Accumulated depreciation and amortization
(353,492)
(320,517)
Property and equipment, net
$323,434
$311,793

text: Property and Equipment
text: Property and equipment are stated at cost and are depreciated or amortized using the straight-line method. Cost, accumulated depreciation and amortization, and estimated useful lives are as follows (dollars in thousands):

Questions:
question: What is the useful life of Buildings and improvements?
answer: 5 - 40 years
question: How is property and equipment stated in the table?
answer: stated at cost and are depreciated or amortized using the straight-line method
question: In which years is information on Property and Equipment included in the table?
answer: 2019
2018
question: In which year was the amount of Land larger?
answer: 2019
derivation: 19,490>17,655
question: What was the change in Leasehold improvements from 2018 to 2019?
answer: 5479
derivation: 94,878-89,399
scale: thousand
question: What was the percentage change in Leasehold improvements from 2018 to 2019?
answer: 6.13
derivation: (94,878-89,399)/89,399
scale: percent
2019
2018
2017
Gross amount at beginning
$15,960.1
$15,349.0
$14,277.0
Additions during period:
Acquisitions
887.0
721.4
499.7
Discretionary capital projects (1)
258.1
173.5
120.7
Discretionary ground lease purchases (2)
189.8
180.4
150.4
Redevelopment capital expenditures (3)
213.6
177.3
138.8
Capital improvements (4)
161.2
94.0
65.6
Start-up capital expenditures (5)
71.3
113.1
158.1
Other (6)
45.2
(3.0)
106.4
Total additions
1,826.2
1,456.7
1,239.7
Deductions during period:
Cost of real estate sold or disposed
(304.6)
(395.7)
(246.5)
Other (7)
(52.4)
(449.9)
78.8
Total deductions:
(357.0)
(845.6)
(167.7)
Balance at end
$17,429.3
$15,960.1
$15,349.0

text: AMERICAN TOWER CORPORATION AND SUBSIDIARIES SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (dollars in millions)
text: (1) Includes amounts incurred primarily for the construction of new sites.
text: (2) Includes amounts incurred to purchase or otherwise secure the land under communications sites.
text: (3) Includes amounts incurred to increase the capacity of existing sites, which results in new incremental tenant revenue.
text: (4) Includes amounts incurred to enhance existing sites by adding additional functionality, capacity or general asset improvements.
text: (5) Includes amounts incurred in connection with acquisitions or new market launches. Start-up capital expenditures includes non-recurring expenditures contemplated in acquisitions, new market launch business cases or initial deployment of new technologies or innovation solutions that lead to an increase in sitelevel cash flow generation.
text: (6) Primarily includes regional improvements and other additions.
text: (7) Primarily includes foreign currency exchange rate fluctuations and other deductions.

Questions:
question: What does Discretionary capital projects include?
answer: amounts incurred primarily for the construction of new sites.
question: What does Redevelopment capital expenditures include?
answer: Includes amounts incurred to increase the capacity of existing sites, which results in new incremental tenant revenue.
question: How much was Acquisitions in 2019?
answer: 887.0
scale: million
question: How many additions during 2018 exceeded $200 million?
answer: 1
derivation: Acquisitions
question: How many years did total additions exceed $1,500 million?
answer: 1
derivation: 2019
question: What was the percentage change of the balance at the end between 2018 and 2019?
answer: 9.21
derivation: ($17,429.3-$15,960.1)/$15,960.1
scale: percent
Year Ended December 31,
2019
2018
2017
2016
2015
(in thousands)
Net cash provided by (used in) operating activities (1)
$(156,832)
$113,207
$64,241
$138,720
$141,257
Purchase of property and equipment
(36,531)
(52,880)
(89,160)
(78,640)
(30,566)
Free cash flow
$(193,363)
$60,327
$(24,919)
$60,080
$110,691
Net cash provided by (used in) investing activities
$25,761
$17,496
$(28,718)
$(392,666)
$(170,027)
Net cash provided by (used in) financing activities (1)
$(8,406)
$1,287
$4,635
$19,794
$368,953

text: Free cash flow
text: We define free cash flow as net cash provided by (used in) operating activities less purchase of property and equipment. We consider free cash flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that can possibly be used for investing in our business and strengthening the balance sheet, but it is not intended to represent the residual cash flow available for discretionary expenditures. Free cash flow is not prepared in accordance with U.S. GAAP, and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with U.S. GAAP.
text: The following table presents a reconciliation of net cash provided by (used in) operating activities to free cash flow:
text: (1) Our adoption of ASU 2016-09 on January 1, 2017 resulted in excess tax benefits for share-based payments recorded as a reduction of income tax expense and reflected within operating cash flows, rather than recorded within equity and reflected within financing cash flows. We elected to adopt this new standard retrospectively, which impacted the presentation for all periods prior to the adoption date.

Questions:
question: How does the company define free cash flows?
answer: Net cash provided by (used in) operating activities less purchase of property and equipment
question: When did the company adopt ASU 2016-09?
answer: January 1, 2017
question: What is the net cash provided by operating activities in 2015?
answer: $141,257
scale: thousand
question: What is the difference in the net cash provided by investing activities between 2018 and 2019?
answer: 8265
derivation: 25,761-17,496
scale: thousand
question: What is the average net cash provided by operating activities for 2016 and 2017?
answer: 101480.5
derivation: (64,241+138,720)/2
scale: thousand
question: What is the percentage change for net cash provided by financing activities from 2017 to 2018?
answer: 72.23
derivation: (4,635-1,287)/4,635
scale: percent
Fiscal
2019
2018
Cash and cash equivalents
$305,833
$310,495
Short-term investments
120
120
Working capital
854,507
865,664

text: Additional sources of cash available to us were international currency lines of credit and bank credit facilities totaling $26.0 million as of September 28, 2019, of which $20.8 million was unused and available. These unsecured international credit facilities were used in Europe and Japan during fiscal 2018. As of September 28, 2019, we had utilized $5.2 million of the international credit facilities as guarantees in Europe.
text: Our ratio of current assets to current liabilities increased to 4.6:1 at September 28, 2019 compared to 3.3:1 at September 29, 2018. The increase in our ratio was primarily due to lower income taxes payable, partially offset by decreases in our ratio due to lower accounts receivable and inventories. Our cash and cash equivalents, short-term investments and working capital are as follows (in thousands):

Questions:
question: Where were the unsecured international credit facilities used in?
answer: Europe and Japan during fiscal 2018
question: What led to the increase in the ratio of current assets to current liabilities?
answer: primarily due to lower income taxes payable, partially offset by decreases in our ratio due to lower accounts receivable and inventories.
question: In which years was information on cash and cash equivalents, short-term investments and working capital provided?
answer: 2019
2018
question: In which year was Cash and cash equivalents larger?
answer: 2018
derivation: 310,495>305,833
question: What was the change in Short-term investments in 2019 from 2018?
answer: 0
derivation: 120-120
scale: thousand
question: What was the percentage change in Short-term investments in 2019 from 2018?
answer: 0
derivation: (120-120)/120
scale: percent
Software Solutions
Data and Analytics
Corporate and Other
Total
Balance, December 31, 2017
$2,134.7
$172.1
$—
$2,306.8
HeavyWater and Ernst acquisitions (Note 3)
22.9
—
—
22.9
Balance, December 31, 2018
2,157.6
172.1
—
2,329.7
Compass Analytics acquisition (Note 3)
31.7
—
—
31.7
Balance, December 31, 2019
$2,189.3
$172.1
$—
$2,361.4

text: (10) Goodwill
text: Goodwill consists of the following (in millions):
text: The increase in Goodwill related to our Compass Analytics acquisition is deductible for tax purposes. For the 2018 increase in Goodwill, $19.7 million is deductible for tax purposes and $3.2 million is not deductible for tax purposes.

Questions:
question: For the 2018 increase in Goodwill, how much was deductible for tax purposes?
answer: 19.7
scale: million
question: What was the balance in 2017 for Software Solutions?
answer: 2,134.7
scale: million
question: What was the total balance in 2019?
answer: 2,361.4
scale: million
question: What was the change in the balance of software solutions between 2017 and 2018?
answer: 22.9
derivation: 2,157.6-2,134.7
scale: million
question: What was the difference in the total between HeavyWater and Ernst acquisitions and Compass Analytics acquisition?
answer: 8.8
derivation: 31.7-22.9
scale: million
question: What was the percentage change in total balance between 2018 and 2019?
answer: 1.36
derivation: (2,361.4-2,329.7)/2,329.7
scale: percent
December 31, 2019
December 31, 2018
(in thousands)
Debt principal
$460,000
$460,000
Unamortized discount
65,313
80,019
Net carrying amount of convertible debt
$394,687
$379,981

text: The below tables represents the key components of Teradyne’s convertible senior notes:
text: As of December 31, 2019, the unamortized discount was $65.3 million, which will be amortized over four years using the effective interest rate method. The carrying amount of the equity component was $100.8 million. As of December 31, 2019, the conversion price was approximately $31.62 per share and if converted the value of the notes was $992.0 million.

Questions:
question: What was the unamortized discount in 2019?
answer: $65.3 million
question: What was the carrying amount of the equity component?
answer: $100.8 million
question: What were the key components of Teradyne’s convertible senior notes in the table?
answer: Debt principal
Unamortized discount
Net carrying amount of convertible debt
question: In which year was the amount of Unamortized discount larger?
answer: 2018
derivation: 80,019>65,313
question: What was the change in Debt principal from 2018 to 2019?
answer: 0
derivation: 460,000-460,000
scale: thousand
question: What was the percentage change in Debt principal from 2018 to 2019?
answer: 0
derivation: (460,000-460,000)/460,000
scale: percent
€ million
30/9/2018
30/9/2019
Germany
71
81
Netherlands
584
671
United Kingdom
209
237
Belgium
50
52
Other countries
26
25
940
1,066

text: The plan assets of METRO are distributed between the following countries:
text: The above commitments are valued on the basis of actuarial calculations in accordance with relevant provisions of IAS 19. The basis for the measurement is the legal and economic circumstances prevailing in each country.

Questions:
question: What is the valuation of the commitments in the table based on?
answer: valued on the basis of actuarial calculations in accordance with relevant provisions of IAS 19
question: What is the basis for the measurements?
answer: the legal and economic circumstances prevailing in each country
question: What are the countries in the table of which the plan assets of METRO are distributed in?
answer: Germany
Netherlands
United Kingdom
Belgium
Other countries
question: In which year was the amount for Belgium larger?
answer: 2019
derivation: 52>50
question: What was the change in the amount for Germany in FY2019 from FY2018?
answer: 10
derivation: 81-71
scale: million
question: What was the percentage change in the amount for Germany in FY2019 from FY2018?
answer: 14.08
derivation: (81-71)/71
scale: percent
Years ended August 31,
2019
2018
Outstanding, beginning of the year
105,475
101,538
Granted
37,600
47,900
Distributed
(44,470)
(35,892)
Cancelled
(26,780)
(8,071)
Outstanding, end of the year
71,825
105,475

text: ISU plan
text: The Corporation offers to its executive officers and designated employees an Incentive Share Unit ("ISU") Plan. According to this plan, executive
officers and designated employees periodically receive a given number of ISUs which entitle the participants to receive subordinate voting shares of the Corporation after three years less one day from the date of grant.
text: The number of ISUs is based on the dollar value of the award and the average closing stock price of the Corporation for the previous twelve month period ending August 31. A trust was created for the purpose of purchasing these shares on the stock market in order to protect against stock price fluctuation and the Corporation instructed the trustee to purchase subordinate voting shares of the Corporation on the stock market. These shares are purchased and are held in trust for the participants until they are fully vested.
text: The trust, considered as a special purpose entity, is consolidated in the Corporation’s financial statements with the value of the acquired subordinate voting shares held in trust under the ISU Plan presented in reduction of share capital.
text: Under the ISU Plan, the following ISUs were granted by the Corporation and are outstanding at August 31:
text: A compensation expense of $2,046,000 ($2,461,000 in 2018) was recorded for the year ended August 31, 2019 related to this plan.

Questions:
question: How is  the number of ISUs determined?
answer: The number of ISUs is based on the dollar value of the award and the average closing stock price of the Corporation for the previous twelve month period ending August 31
question: What was the compensation expense in August 2019?
answer: $2,046,000
question: What was the granted ISUs in 2019?
answer: 37,600
question: What was the increase / (decrease) in the Outstanding, beginning of the year from 2018 to 2019?
answer: 3937
derivation: 105,475 - 101,538
question: What was the average granted from 2018 to 2019?
answer: 42750
derivation: (37,600 + 47,900) / 2
question: What was the average distributed from 2018 to 2019?
answer: -40181
derivation: -(44,470 + 35,892) / 2