Table:
| Current assets | As Reported | Adjustments | Balances without Adoption of Topic 606 |
| --- | --- | --- | --- |
| Receivables, less allowance for doubtful accounts | $831.7 | $8.7 | $840.4 |
| Inventories . | 1,571.7 | (3.1) | 1,568.6 |
| Prepaid expenses and other current assets | 93.8 | (16.6) | 77.2 |
| Current liabilities |  |  |  |
| Other accrued liabilities | 691.6 | (1.1) | 690.5 |
| Other noncurrent liabilities . | 1,951.8 | (2.5) | 1,949.3 |
Paragraphs:
We utilized a comprehensive approach to evaluate and document the impact of the guidance on our current accounting policies and practices in order to identify material differences, if any, that would result from applying the new requirements to our revenue contracts. We did not identify any material differences resulting from applying the new requirements to our revenue contracts. In addition, we did not identify any significant changes to our business processes, systems, and controls to support recognition and disclosure requirements under the new guidance. We adopted the provisions of Topic 606 in fiscal 2019 utilizing the modified retrospective method. We recorded a $0.5 million cumulative effect adjustment, net of tax, to the opening balance of fiscal 2019 retained earnings, a decrease to receivables of $7.6 million, an increase to inventories of $2.8 million, an increase to prepaid expenses and other current assets of $6.9 million, an increase to other accrued liabilities of $1.4 million, and an increase to other noncurrent liabilities of $0.2 million. The adjustments primarily related to the timing of recognition of certain customer charges, trade promotional expenditures, and volume discounts.
The effect of the changes made to our Consolidated Balance Sheet as of May 26, 2019 for the adoption of Topic 606 was as follows:
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)
Question:
What is the percentage of adjustment to the balance of as reported prepaid expenses and other current assets?