Table:
|  | December 31, 2019 | December 31, 2018 |
| --- | --- | --- |
| Tax loss carryforwards and investment credits | 612 | 603 |
| Less unrecognized tax benefit | (21) | (20) |
| Tax loss carry forwards net of unrecognized tax benefit | 591 | 583 |
| Inventory valuation | 28 | 28 |
| Impairment and restructuring charges | 6 | 14 |
| Fixed asset depreciation in arrears | 39 | 35 |
| Increased depreciation incentives | 213 | 211 |
| Capitalized development costs | 118 | 108 |
| Receivables for government funding | 14 | 11 |
| Tax credits granted on past capital investments | 1,151 | 1,155 |
| Pension service costs | 81 | 65 |
| Stock awards | 6 | 7 |
| Operating lease liabilities | 40 | — |
| Commercial accruals | 15 | 12 |
| Other temporary differences | 22 | 26 |
| Total deferred tax assets | 2,324 | 2,255 |
| Valuation allowances | (1,534) | (1,548) |
| Deferred tax assets, net | 790 | 707 |
| Accelerated fixed asset depreciation | (20) | (16) |
| Acquired intangible assets | (16) | (13) |
| Advances of government funding | (31) | (12) |
| Operating lease right-of-use assets | (40) | — |
| Other temporary differences | (7) | (7) |
| Deferred tax liabilities | (114) | (48) |
| Net deferred income tax asset | 676 | 659 |
Paragraphs:
For a particular tax-paying component of the Company and within a particular tax jurisdiction, all current deferred tax liabilities and assets are offset and presented as a single amount, similarly to non-current deferred tax liabilities and assets. The Company does not offset deferred tax liabilities and assets attributable to different tax-paying components or to different tax jurisdictions.
The net deferred tax assets are recorded in legal entities which have been historically profitable and are expected to be profitable in the next coming years.
Question:
What is the increase/ (decrease) in Total deferred tax assets from December 31, 2018 to 2019?
Answer: 2324-2255 = 69