trismik/FinRAG huggingface dataset:
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data is derived from our Consolidated Financial Statements. As our historical operating results are not necessarily indicative of future operating results, this data should be read in conjunction with the Consolidated Financial Statements and notes thereto, and with Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations.
(1) On December 1, 2018, the beginning of our fiscal year 2019, we adopted the requirements of the Financial Accounting Standards Board’s Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, Topic 606, utilizing the modified retrospective method of transition. Prior period information has not been restated and continues to be reported under the accounting standard in effect for those periods.
(2) As of November 29, 2019, working capital was in a deficit primarily due to the reclassification of our $2.25 billion term loan due April 30, 2020 and $900 million 4.75% senior notes due February 1, 2020 to current liabilities. We intend to refinance our Term Loan and 2020 Notes on or before the due dates.
(3) Our fiscal year is a 52- or 53-week year that ends on the Friday closest to November 30. Fiscal 2016 was a 53-week fiscal year compared with the other periods presented which were 52-week fiscal years.

(in thousands, except per share amounts and employee data)
Fiscal Years
2019(1)
2018
2017
2016(3)
2015
Operations:
Revenue:
$11,171,297
$9,030,008
$7,301,505
$5,854,430
$4,795,511
Gross profit
$9,498,577
$7,835,009
$6,291,014
$5,034,522
$4,051,194
Income before income taxes
$3,204,741
$2,793,876
$2,137,641
$1,435,138
$873,781
Net income
$2,951,458
$2,590,774
$1,693,954
$1,168,782
$629,551
Net income per share:
Basic
$6.07
$5.28
$3.43
$2.35
$1.26
Diluted
$6.00
$5.20
$3.38
$2.32
$1.24
Shares used to compute basic net income                                        per share
486,291
490,564
493,632
498,345
498,764
Shares used to compute diluted net income per share
491,572
497,843
501,123
504,299
507,164
Financial position:
Cash, cash equivalents and short-term investments
$4,176,976
$3,228,962
$5,819,774
$4,761,300
$3,988,084
Working capital(2)
$(1,696,013)
$555,913
$3,720,356
$3,028,139
$2,608,336
Total assets
$20,762,400
$18,768,682
$14,535,556
$12,697,246
$11,714,500
Debt, current
$3,149,343
$—
$—
$—
$—
Debt, non-current
$988,924
$4,124,800
$1,881,421
$1,892,200
$1,895,259
Stockholders’ equity
$10,530,155
$9,362,114
$8,459,869
$7,424,835
$7,001,580
Additional data:
Worldwide employees
22,634
21,357
17,973
15,706
13,893


Question: Analyse this data from a financial earnings document. What is the total liabilities of the company in 2019?
Choices:
2160419
1977848
17684899
4138267
3149341
Correct choice index: 3
provision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 .
the following is an analysis of the effective income tax rates for 2012 and 2011: .

2012
2011
Statutory rate applied to income from continuing operations before income taxes
35%
35%
Effects of foreign operations, including foreign tax credits
18
6
Change in permanent reinvestment assertion
—
5
Adjustments to valuation allowances
21
14
Tax law changes
—
1
Effective income tax rate on continuing operations
74%
61%

the effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income .
the provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments .
the difference between the total provision and the sum of the amounts allocated to segments appears in the "corporate and other unallocated items" shown in the reconciliation of segment income to net income below .
effects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent .
change in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s .
tax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations .
offsetting this tax expense were associated foreign tax credits of $ 488 million .
in addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s .
tax on previously undistributed earnings .
adjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s .
benefits on foreign taxes accrued in those years .
see item 8 .
financial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes .
discontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 .
see item 8 .
financial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .

Question: Analyse this data from a financial earnings document. what was the average effective income tax rate on continuing operations?
Choices:
40
6.5
67.5
82
45
Correct choice index: 2
part ii item 5 .
market for registrant 2019s common equity and related stockholder matters recent sales of unregistered securities during the fourth quarter of 2003 , aes issued an aggregated of 20.2 million shares of its common stock in exchange for $ 20 million aggregate principal amount of its senior notes .
the shares were issued without registration in reliance upon section 3 ( a ) ( 9 ) under the securities act of 1933 .
market information our common stock is currently traded on the new york stock exchange ( 2018 2018nyse 2019 2019 ) under the symbol 2018 2018aes . 2019 2019 the following tables set forth the high and low sale prices for our common stock as reported by the nyse for the periods indicated .
price range of common stock .

2003
High
Low
2002
High
Low
First Quarter
$4.04
$2.72
First Quarter
$17.84
$4.11
Second Quarter
8.37
3.75
Second Quarter
9.17
3.55
Third Quarter
7.70
5.91
Third Quarter
4.61
1.56
Fourth Quarter
9.50
7.57
Fourth Quarter
3.57
0.95

holders as of march 3 , 2004 , there were 9026 record holders of our common stock , par value $ 0.01 per share .
dividends under the terms of our senior secured credit facilities , which we entered into with a commercial bank syndicate , we are not allowed to pay cash dividends .
in addition , under the terms of a guaranty we provided to the utility customer in connection with the aes thames project , we are precluded from paying cash dividends on our common stock if we do not meet certain net worth and liquidity tests .
our project subsidiaries 2019 ability to declare and pay cash dividends to us is subject to certain limitations contained in the project loans , governmental provisions and other agreements that our project subsidiaries are subject to .
see item 12 ( d ) of this form 10-k for information regarding securities authorized for issuance under equity compensation plans. .

Question: Analyse this data from a financial earnings document. what was the difference in the low price for the first quarter of 2003 and the high price for the fourth quarter of 2002?
Choices:
-0.56
-197.43
-0.54
-540000
5.06
Correct choice index: 2
other expense , net increased $ 0.8 million to $ 7.2 million in 2015 from $ 6.4 million in 2014 .
this increase was due to higher net losses on the combined foreign currency exchange rate changes on transactions denominated in foreign currencies and our foreign currency derivative financial instruments in 2015 .
provision for income taxes increased $ 19.9 million to $ 154.1 million in 2015 from $ 134.2 million in 2014 .
our effective tax rate was 39.9% ( 39.9 % ) in 2015 compared to 39.2% ( 39.2 % ) in 2014 .
our effective tax rate for 2015 was higher than the effective tax rate for 2014 primarily due to increased non-deductible costs incurred in connection with our connected fitness acquisitions in 2015 .
year ended december 31 , 2014 compared to year ended december 31 , 2013 net revenues increased $ 752.3 million , or 32.3% ( 32.3 % ) , to $ 3084.4 million in 2014 from $ 2332.1 million in 2013 .
net revenues by product category are summarized below: .

Year Ended December 31,
(In thousands)
2014
2013
$ Change
% Change
Apparel
$2,291,520
$1,762,150
$529,370
30.0%
Footwear
430,987
298,825
132,162
44.2
Accessories
275,409
216,098
59,311
27.4
Total net sales
2,997,916
2,277,073
720,843
31.7
License revenues
67,229
53,910
13,319
24.7
Connected Fitness
19,225
1,068
18,157
1,700.1
Total net revenues
$3,084,370
$2,332,051
$752,319
32.3%

the increase in net sales were driven primarily by : 2022 apparel unit sales growth and new offerings in multiple lines led by training , hunt and golf ; and 2022 footwear unit sales growth , led by running and basketball .
license revenues increased $ 13.3 million , or 24.7% ( 24.7 % ) , to $ 67.2 million in 2014 from $ 53.9 million in 2013 .
this increase in license revenues was primarily a result of increased distribution and continued unit volume growth by our licensees .
connected fitness revenue increased $ 18.1 million to $ 19.2 million in 2014 from $ 1.1 million in 2013 primarily due to a full year of revenue from our connected fitness business in 2014 compared to one month in gross profit increased $ 375.5 million to $ 1512.2 million in 2014 from $ 1136.7 million in 2013 .
gross profit as a percentage of net revenues , or gross margin , increased 30 basis points to 49.0% ( 49.0 % ) in 2014 compared to 48.7% ( 48.7 % ) in 2013 .
the increase in gross margin percentage was primarily driven by the following : 2022 approximate 20 basis point increase driven primarily by decreased sales mix of excess inventory through our factory house outlet stores ; and 2022 approximate 20 basis point increase as a result of higher duty costs recorded during the prior year on certain products imported in previous years .
the above increases were partially offset by : 2022 approximate 10 basis point decrease by unfavorable foreign currency exchange rate fluctuations. .

Question: Analyse this data from a financial earnings document. in 2014 what was the percent of the sales revenues of apparel to the total revenues
Choices:
1.34599
3.04594
1
46765.71429
0.74295
Correct choice index: 4
movement in exit cost liabilities the movement in exit cost liabilities for pmi was as follows : ( in millions ) .

Liability balance, January 1, 2014
$308
Charges, net
391
Cash spent
(360)
Currency/other
(69)
Liability balance, December 31, 2014
$270
Charges, net
68
Cash spent
(232)
Currency/other
(52)
Liability balance, December 31, 2015
$54

cash payments related to exit costs at pmi were $ 232 million , $ 360 million and $ 21 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively .
future cash payments for exit costs incurred to date are expected to be approximately $ 54 million , and will be substantially paid by the end of 2017 .
the pre-tax asset impairment and exit costs shown above are primarily a result of the following : the netherlands on april 4 , 2014 , pmi announced the initiation by its affiliate , philip morris holland b.v .
( 201cpmh 201d ) , of consultations with employee representatives on a proposal to discontinue cigarette production at its factory located in bergen op zoom , the netherlands .
pmh reached an agreement with the trade unions and their members on a social plan and ceased cigarette production on september 1 , 2014 .
during 2014 , total pre-tax asset impairment and exit costs of $ 489 million were recorded for this program in the european union segment .
this amount includes employee separation costs of $ 343 million , asset impairment costs of $ 139 million and other separation costs of $ 7 million .
separation program charges pmi recorded other pre-tax separation program charges of $ 68 million , $ 41 million and $ 51 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively .
the 2015 other pre-tax separation program charges primarily related to severance costs for the organizational restructuring in the european union segment .
the 2014 other pre-tax separation program charges primarily related to severance costs for factory closures in australia and canada and the restructuring of the u.s .
leaf purchasing model .
the 2013 pre-tax separation program charges primarily related to the restructuring of global and regional functions based in switzerland and australia .
contract termination charges during 2013 , pmi recorded exit costs of $ 258 million related to the termination of distribution agreements in eastern europe , middle east & africa ( due to a new business model in egypt ) and asia .
asset impairment charges during 2014 , pmi recorded other pre-tax asset impairment charges of $ 5 million related to a factory closure in canada. .

Question: Analyse this data from a financial earnings document. what is the change in liability balance during 2014?
Choices:
12
0
-38.0
-38000000
38
Correct choice index: 2
humana inc .
notes to consolidated financial statements 2014 ( continued ) not be estimated based on observable market prices , and as such , unobservable inputs were used .
for auction rate securities , valuation methodologies include consideration of the quality of the sector and issuer , underlying collateral , underlying final maturity dates , and liquidity .
recently issued accounting pronouncements there are no recently issued accounting standards that apply to us or that will have a material impact on our results of operations , financial condition , or cash flows .
3 .
acquisitions on december 21 , 2012 , we acquired metropolitan health networks , inc. , or metropolitan , a medical services organization , or mso , that coordinates medical care for medicare advantage beneficiaries and medicaid recipients , primarily in florida .
we paid $ 11.25 per share in cash to acquire all of the outstanding shares of metropolitan and repaid all outstanding debt of metropolitan for a transaction value of $ 851 million , plus transaction expenses .
the preliminary fair values of metropolitan 2019s assets acquired and liabilities assumed at the date of the acquisition are summarized as follows : metropolitan ( in millions ) .

Metropolitan (in millions)
Cash and cash equivalents
$49
Receivables, net
28
Other current assets
40
Property and equipment
22
Goodwill
569
Other intangible assets
263
Other long-term assets
1
Total assets acquired
972
Current liabilities
(22)
Other long-term liabilities
(99)
Total liabilities assumed
(121)
Net assets acquired
$851

the goodwill was assigned to the health and well-being services segment and is not deductible for tax purposes .
the other intangible assets , which primarily consist of customer contracts and trade names , have a weighted average useful life of 8.4 years .
on october 29 , 2012 , we acquired a noncontrolling equity interest in mcci holdings , llc , or mcci , a privately held mso headquartered in miami , florida that coordinates medical care for medicare advantage and medicaid beneficiaries primarily in florida and texas .
the metropolitan and mcci transactions are expected to provide us with components of a successful integrated care delivery model that has demonstrated scalability to new markets .
a substantial portion of the revenues for both metropolitan and mcci are derived from services provided to humana medicare advantage members under capitation contracts with our health plans .
in addition , metropolitan and mcci provide services to medicare advantage and medicaid members under capitation contracts with third party health plans .
under these capitation agreements with humana and third party health plans , metropolitan and mcci assume financial risk associated with these medicare advantage and medicaid members. .

Question: Analyse this data from a financial earnings document. what are the total current assets of metropolitan?
Choices:
61
0
138
1049
117.0
Correct choice index: 4
Gross Profit. Gross profit increased 15%, or $144.4 million, in 2019 compared to 2018, with gross margin increasing approximately 70 basis points to 14.7% of net sales. Our gross profit and gross profit as a percent of net sales by operating segment for 2019 and 2018 were as follows (dollars in thousands):
North America’s gross profit in 2019 increased 19% compared to 2018, and as a percentage of net sales, gross margin increased by approximately 80 basis points year over year. The year over year net increase in gross margin was primarily attributable to the following:
• A net increase in product margin, which includes partner funding and freight, of 30 basis points year over year. This increase was due primarily to improvements in hardware and software product margin partially as a result of improvements in core business margins on product net sales and also as a result of PCM.
• Services margin improvement year over year of 50 basis points was generated from increased vendor funding, cloud solution offerings and referral fees. In addition, there was a 21 basis point improvement in margins from Insight delivered services.
EMEA’s gross profit in 2019 increased 3% (increased 8% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018. As a percentage of net sales, gross margin increased by approximately 40 basis points year over year.
APAC’s gross profit in 2019 increased 1% (increased 6% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018, with gross margin increasing to 22.1% in 2019 from 21.2% in 2018. The improvement in gross margin for both EMEA and APAC in 2019 compared to 2018 was due primarily to changes in sales mix to higher margin products and services.

2019
% of Net
Sales
2018
% of Net Sales
NorthAmerica
$ 871,114
14.5%
$732,695
13.7%
EMEA
$227,083
14.9%
$221,467
14.5%
APAC
$39,901
22.1%
$39,556
21.2%
Consolidated
$1,138,098
14.7%
$993,718
14.0%


Question: Analyse this data from a financial earnings document. What is the average Net sales of North America for 2018 and 2019?
Choices:
863206.5
0.8
801904.5
0
69209.5
Correct choice index: 2
The following are the significant assumptions adopted in measuring the Company’s pension and other benefit obligations:
For certain Canadian post-retirement plans the above trend rates are applicable for 2019 to 2024 which will increase linearly to 4.75% in 2029 and grading down to an ultimate rate of 3.57% per annum in 2040 and thereafter.

As at December 31,
Pension 2019
Other 2019
Pension 2018
Other 2018
Actuarial benefit obligation
Discount rate
3.20%
2.95% to 3.20%
3.80%
3.80% to 4.00%
Benefit costs for the year ended
Discount rate
3.90%
3.90% to 4.00%
3.60%
3.25% to 3.60%
Future salary growth
2.50%
N/A
2.50%
N/A
Health care cost trend rate
N/A
3.49% to 5.49%
N/A
4.50%
Other medical trend rates
N/A
4.00% to 4.56%
N/A
4.50%


Question: Analyse this data from a financial earnings document. What is the percentage change in the pension discount rate for actuarial benefit obligations between 2018 and 2019?
Choices:
7
12.2
-600000
-0.6
0.6
Correct choice index: 3
The fair value of our foreign exchange forward contracts is presented on a gross basis in our Condensed Consolidated Balance Sheets. To mitigate losses in the event of nonperformance by counterparties, we have entered into master netting arrangements with our counterparties that allow us to settle payments on a net basis. The effect of netting on our derivative assets and liabilities was not material as of March 29, 2019 and March 30, 2018.
The notional amount of our outstanding foreign exchange forward contracts in U.S. dollar equivalent was as follows:

(In millions)
March 29, 2019
March 30, 2018
Net investment hedges
Foreign exchange forward contracts sold
$116
$—
Balance sheet contracts
Foreign exchange forward contracts purchased
$963
$697
Foreign exchange forward contracts sold
$122
$151


Question: Analyse this data from a financial earnings document. What is the change between Foreign exchange forward contracts purchased for March 29, 2019 and March 30, 2018?
Choices:
266
1660
697
671211
-266
Correct choice index: 0
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENT(Tabular amounts in millions, unless otherwise disclosed)
11. ASSET RETIREMENT OBLIGATIONS
The changes in the carrying amount of the Company’s asset retirement obligations were as follows:
(1) Revisions in estimates include decreases to the liability of $6.7 million and $49.4 million related to foreign currency translation for the years ended December 31, 2019 and 2018, respectively.
As of December 31, 2019, the estimated undiscounted future cash outlay for asset retirement obligations was $3.2 billion.

2019
2018
Beginning balance as of January 1,
$1,210.0
$1,175.3
Additions
61.8
39.6
Accretion expense
81.6
83.6
Revisions in estimates (1)
56.8
(81.5)
Settlements
(26.1)
(7.0)
Balance as of December 31,
$1,384.1
$1,210.0


Question: Analyse this data from a financial earnings document. What was the change in balance as of December 31 between 2018 and 2019?
Choices:
1383.1
-1209
174.1
1674761
0
Correct choice index: 2
Other income (expense)
nm—not meaningful
Other income (expense), net changed $9.9 million in the year ended March 31, 2018 compared to the year ended March 31, 2017, which was primarily attributable to a change of $10.4 million in foreign exchange expense which was primarily attributable to the re-measurement of short-term intercompany balances denominated in currencies other than the functional currency of our operating units. The increase in interest income is primarily due to interest on investments.

Year ended March 31,
Period-to-period change
% Change 
2018
2017
Amount
% Change
(dollars in thousands)
Other income (expense):                
Interest income
$1,310
$510
$800
157%
Interest expense
(598)
(268)
(330)
123%
Foreign exchange (expense) income and other, net  
(3,439)
6,892
(10,331)
nm 
Total other income (expense), net 
$(2,727)
$7,134
$(9,861)
nm


Question: Analyse this data from a financial earnings document. What is the average Interest expense for 2017 and 2018?
Choices:
1
533
3
-433
0
Correct choice index: 3