{"pre_text": ["management 2019s discussion and analysis of financial condition and results of operations ( continued ) the npr is generally consistent with the basel committee 2019s lcr .", "however , it includes certain more stringent requirements , including an accelerated implementation time line and modifications to the definition of high-quality liquid assets and expected outflow assumptions .", "we continue to analyze the proposed rules and analyze their impact as well as develop strategies for compliance .", "the principles of the lcr are consistent with our liquidity management framework ; however , the specific calibrations of various elements within the final lcr rule , such as the eligibility of assets as hqla , operational deposit requirements and net outflow requirements could have a material effect on our liquidity , funding and business activities , including the management and composition of our investment securities portfolio and our ability to extend committed contingent credit facilities to our clients .", "in january 2014 , the basel committee released a revised proposal with respect to the net stable funding ratio , or nsfr , which will establish a one-year liquidity standard representing the proportion of long-term assets funded by long-term stable funding , scheduled for global implementation in 2018 .", "the revised nsfr has made some favorable changes regarding the treatment of operationally linked deposits and a reduction in the funding required for certain securities .", "however , we continue to review the specifics of the basel committee's release and will be evaluating the u.s .", "implementation of this standard to analyze the impact and develop strategies for compliance .", "u.s .", "banking regulators have not yet issued a proposal to implement the nsfr .", "contractual cash obligations and other commitments the following table presents our long-term contractual cash obligations , in total and by period due as of december 31 , 2013 .", "these obligations were recorded in our consolidated statement of condition as of that date , except for operating leases and the interest portions of long-term debt and capital leases .", "contractual cash obligations ."], "post_text": ["( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .", "interest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect as of december 31 , 2013 .", "the table above does not include obligations which will be settled in cash , primarily in less than one year , such as client deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings .", "additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 8 and 9 to the consolidated financial statements included under item 8 of this form 10-k .", "the table does not include obligations related to derivative instruments because the derivative-related amounts recorded in our consolidated statement of condition as of december 31 , 2013 did not represent the amounts that may ultimately be paid under the contracts upon settlement .", "additional information about our derivative instruments is provided in note 16 to the consolidated financial statements included under item 8 of this form 10-k .", "we have obligations under pension and other post-retirement benefit plans , more fully described in note 19 to the consolidated financial statements included under item 8 of this form 10-k , which are not included in the above table .", "additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 10 and 20 to the consolidated financial statements included under item 8 of this form 10-k .", "our consolidated statement of cash flows , also included under item 8 of this form 10-k , provides additional liquidity information .", "the following table presents our commitments , other than the contractual cash obligations presented above , in total and by duration as of december 31 , 2013 .", "these commitments were not recorded in our consolidated statement of condition as of that date. ."], "table": [["as of december 31 2013 ( in millions )", "payments due by period total", "payments due by period less than 1year", "payments due by period 1-3years", "payments due by period 4-5years", "payments due by period over 5years"], ["long-term debt ( 1 )", "$ 10630", "$ 1015", "$ 2979", "$ 2260", "$ 4376"], ["operating leases", "923", "208", "286", "209", "220"], ["capital lease obligations", "1051", "99", "185", "169", "598"], ["total contractual cash obligations", "$ 12604", "$ 1322", "$ 3450", "$ 2638", "$ 5194"]], "table_ori": [["", "PAYMENTS DUE BY PERIOD"], ["As of December 31, 2013(In millions)", "Total", "Less than 1year", "1-3years", "4-5years", "Over 5years"], ["Long-term debt<sup>(1)</sup>", "$10,630", "$1,015", "$2,979", "$2,260", "$4,376"], ["Operating leases", "923", "208", "286", "209", "220"], ["Capital lease obligations", "1,051", "99", "185", "169", "598"], ["Total contractual cash obligations", "$12,604", "$1,322", "$3,450", "$2,638", "$5,194"]]}

Question: what percent of total contractual obligations has been differed over 5 years?
Evidence:
table_4: as of december 31 2013 ( in millions ) the total contractual cash obligations of payments due by period total is $ 12604 ; the total contractual cash obligations of payments due by period less than 1year is $ 1322 ; the total contractual cash obligations of payments due by period 1-3years is $ 3450 ; the total contractual cash obligations of payments due by period 4-5years is $ 2638 ; the total contractual cash obligations of payments due by period over 5years is $ 5194 ;
text_8: u.s .
Program: divide(5194, 12604)
Answer:
str_answer: 41.21
exe_answer: 0.41209