{"pre_text": ["page 31 of 98 additional details about the company 2019s receivables sales agreement and debt are available in notes 6 and 12 , respectively , accompanying the consolidated financial statements within item 8 of this report .", "other liquidity items cash payments required for long-term debt maturities , rental payments under noncancellable operating leases and purchase obligations in effect at december 31 , 2006 , are summarized in the following table: ."], "post_text": ["total payments on contractual obligations $ 10772.0 $ 2907.5 $ 3768.1 $ 2741.4 $ 1355.0 ( a ) amounts reported in local currencies have been translated at the year-end exchange rates .", "( b ) for variable rate facilities , amounts are based on interest rates in effect at year end .", "( c ) the company 2019s purchase obligations include contracted amounts for aluminum , steel , plastic resin and other direct materials .", "also included are commitments for purchases of natural gas and electricity , aerospace and technologies contracts and other less significant items .", "in cases where variable prices and/or usage are involved , management 2019s best estimates have been used .", "depending on the circumstances , early termination of the contracts may not result in penalties and , therefore , actual payments could vary significantly .", "contributions to the company 2019s defined benefit pension plans , not including the unfunded german plans , are expected to be $ 69.1 million in 2007 .", "this estimate may change based on plan asset performance .", "benefit payments related to these plans are expected to be $ 62.6 million , $ 65.1 million , $ 68.9 million , $ 73.9 million and $ 75.1 million for the years ending december 31 , 2007 through 2011 , respectively , and $ 436.7 million combined for 2012 through 2016 .", "payments to participants in the unfunded german plans are expected to be $ 24.6 million , $ 25.1 million , $ 25.5 million , $ 25.9 million and $ 26.1 million in the years 2007 through 2011 , respectively , and a total of $ 136.6 million thereafter .", "we reduced our share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .", "the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .", "the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .", "in 2007 we expect to repurchase approximately $ 175 million , net of issuances , and to reduce debt levels by more than $ 125 million .", "annual cash dividends paid on common stock were 40 cents per share in 2006 and 2005 and 35 cents per share in 2004 .", "total dividends paid were $ 41 million in 2006 , $ 42.5 million in 2005 and $ 38.9 million in 2004. ."], "table": [["( $ in millions )", "payments due by period ( a ) total", "payments due by period ( a ) less than1 year", "payments due by period ( a ) 1-3 years", "payments due by period ( a ) 3-5 years", "payments due by period ( a ) more than 5 years"], ["long-term debt", "$ 2301.6", "$ 38.5", "$ 278.4", "$ 972.9", "$ 1011.8"], ["capital lease obligations", "7.6", "2.7", "2.4", "0.4", "2.1"], ["interest payments on long-term debt ( b )", "826.5", "138.8", "259.4", "204.8", "223.5"], ["operating leases", "185.9", "45.0", "58.5", "38.7", "43.7"], ["purchase obligations ( c )", "7450.4", "2682.5", "3169.4", "1524.6", "73.9"], ["total payments on contractual obligations", "$ 10772.0", "$ 2907.5", "$ 3768.1", "$ 2741.4", "$ 1355.0"]], "table_ori": [["", "Payments Due By Period(a)"], ["($ in millions)", "Total", "Less than1 Year", "1-3 Years", "3-5 Years", "More than 5 Years"], ["Long-term debt", "$2,301.6", "$38.5", "$278.4", "$972.9", "$1,011.8"], ["Capital lease obligations", "7.6", "2.7", "2.4", "0.4", "2.1"], ["Interest payments on long-term debt(b)", "826.5", "138.8", "259.4", "204.8", "223.5"], ["Operating leases", "185.9", "45.0", "58.5", "38.7", "43.7"], ["Purchase obligations(c)", "7,450.4", "2,682.5", "3,169.4", "1,524.6", "73.9"], ["Total payments on contractual obligations", "$10,772.0", "$2,907.5", "$3,768.1", "$2,741.4", "$1,355.0"]]}

Question: what is the percentage reduction in the spending on the share repurchase program in 2006 compared to 2005?\\n
Evidence:
text_12: we reduced our share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .
Program: subtract(358.1, 45.7), divide(#0, 358.1)
Answer:
str_answer: 87.2%
exe_answer: 0.87238