Table:
|  | As reported December 31, 2018 | Effect of ASC 606 adoption | Amounts without adoption of ASC 606 December 31, 2018 |
| --- | --- | --- | --- |
| Trade receivables, net | $172.3 | $6.9 | $179.2 |
| Prepaid expenses and other current assets | 67.3 | (14.4) | 52.9 |
| Receivables from related parties | 6.2 | 4.8 | 11.0 |
| Computer software, net | 405.6 | (3.7) | 401.9 |
| Deferred contract costs, net | 161.3 | (17.2) | 144.1 |
| Other non-current assets | 125.6 | (7.0) | 118.6 |
| Total assets | 3,653.4 | (30.6) | 3,622.8 |
| Deferred revenues (current) | 52.9 | 4.1 | 57.0 |
| Deferred revenues (non-current) | 106.8 | (4.3) | 102.5 |
| Deferred income taxes | 220.9 | (8.1) | 212.8 |
| Total liabilities | 1,866.9 | (8.3) | 1,858.6 |
| Retained earnings | 381.1 | (22.3) | 358.8 |
| Total equity | 1,786.5 | (22.3) | 1,764.2 |
| Total liabilities and equity | 3,653.4 | (30.6) | 3,622.8 |
Paragraphs:
Effect of ASC 606 as of December 31, 2018 and for the Year Ended December 31, 2018
The following table summarizes the effect of adopting ASC 606 on our Consolidated Balance Sheet (in millions):
Question:
What was total equity as a percentage of total liabilities and equity as reported in 2018?
Answer: 1786.5/3653.4 = 48.9