{"pre_text": ["gain on previously held equity interest on 30 december 2014 , we acquired our partner 2019s equity ownership interest in a liquefied atmospheric industrial gases production joint venture in north america for $ 22.6 , which increased our ownership from 50% ( 50 % ) to 100% ( 100 % ) .", "the transaction was accounted for as a business combination , and subsequent to the acquisition , the results were consolidated within our industrial gases 2013 americas segment .", "we recorded a gain of $ 17.9 ( $ 11.2 after-tax , or $ .05 per share ) as a result of revaluing our previously held equity interest to fair value as of the acquisition date .", "refer to note 6 , business combination , to the consolidated financial statements for additional details .", "other income ( expense ) , net items recorded to other income ( expense ) , net arise from transactions and events not directly related to our principal income earning activities .", "the detail of other income ( expense ) , net is presented in note 23 , supplemental information , to the consolidated financial statements .", "2017 vs .", "2016 other income ( expense ) , net of $ 121.0 increased $ 71.6 , primarily due to income from transition services agreements with versum and evonik , income from the sale of assets and investments , including a gain of $ 12.2 ( $ 7.6 after-tax , or $ .03 per share ) resulting from the sale of a parcel of land , and a favorable foreign exchange impact .", "2016 vs .", "2015 other income ( expense ) , net of $ 49.4 increased $ 3.9 , primarily due to lower foreign exchange losses , favorable contract settlements , and receipt of a government subsidy .", "fiscal year 2015 included a gain of $ 33.6 ( $ 28.3 after tax , or $ .13 per share ) resulting from the sale of two parcels of land .", "no other individual items were significant in comparison to fiscal year 2015 .", "interest expense ."], "post_text": ["2017 vs .", "2016 interest incurred decreased $ 8.3 as the impact from a lower average debt balance of $ 26 was partially offset by the impact from a higher average interest rate on the debt portfolio of $ 19 .", "the change in capitalized interest was driven by a decrease in the carrying value of projects under construction , primarily as a result of our decision to exit from the energy-from-waste business .", "2016 vs .", "2015 interest incurred decreased $ 4.0 .", "the decrease primarily resulted from a stronger u.s .", "dollar on the translation of foreign currency interest of $ 6 , partially offset by a higher average debt balance of $ 2 .", "the change in capitalized interest was driven by a decrease in the carrying value of projects under construction , primarily as a result of our exit from the energy-from-waste business .", "other non-operating income ( expense ) , net other non-operating income ( expense ) , net of $ 29.0 in fiscal year 2017 primarily resulted from interest income on cash and time deposits , which are comprised primarily of proceeds from the sale of pmd .", "interest income was included in \"other income ( expense ) , net\" in 2016 and 2015 .", "interest income in previous periods was not material .", "loss on extinguishment of debt on 30 september 2016 , in anticipation of the spin-off of emd , versum issued $ 425.0 of notes to air products , who then exchanged these notes with certain financial institutions for $ 418.3 of air products 2019 outstanding commercial paper .", "this noncash exchange , which was excluded from the consolidated statements of cash flows , resulted in a loss of $ 6.9 ( $ 4.3 after-tax , or $ .02 per share ) .", "in september 2015 , we made a payment of $ 146.6 to redeem 3000000 unidades de fomento ( 201cuf 201d ) series e 6.30% ( 6.30 % ) bonds due 22 january 2030 that had a carrying value of $ 130.0 and resulted in a net loss of $ 16.6 ( $ 14.2 after-tax , or $ .07 per share ) . ."], "table": [["", "2017", "2016", "2015"], ["interest incurred", "$ 139.6", "$ 147.9", "$ 151.9"], ["less : capitalized interest", "19.0", "32.7", "49.1"], ["interest expense", "$ 120.6", "$ 115.2", "$ 102.8"]], "table_ori": [["", "2017", "2016", "2015"], ["Interest incurred", "$139.6", "$147.9", "$151.9"], ["Less: Capitalized interest", "19.0", "32.7", "49.1"], ["Interest Expense", "$120.6", "$115.2", "$102.8"]]}

Question: what is the decrease observed in the capitalized interest during 2015 and 2016?
Evidence:
table_2: the less : capitalized interest of 2017 is 19.0 ; the less : capitalized interest of 2016 is 32.7 ; the less : capitalized interest of 2015 is 49.1 ;
text_12: interest expense .
Program: subtract(32.7, 49.1), divide(#0, 49.1)
Answer:
str_answer: 33.40%
exe_answer: -0.33401