a summary of the company 2019s significant contractual obligations as of december 31 , 2015 , follows : contractual obligations .

Payments due by year
(Millions)
Total
2016
2017
2018
2019
2020
After 2020
Long-term debt, including current portion (Note 10)
$9,878
$1,125
$744
$993
$622
$1,203
$5,191
Interest on long-term debt
2,244
174
157
153
149
146
1,465
Operating leases (Note 14)
943
234
191
134
86
72
226
Capital leases (Note 14)
59
11
6
4
3
3
32
Unconditional purchase obligations and other
1,631
1,228
160
102
54
56
31
Total contractual cash obligations
$14,755
$2,772
$1,258
$1,386
$914
$1,480
$6,945

long-term debt payments due in 2016 and 2017 include floating rate notes totaling $ 126 million ( classified as current portion of long-term debt ) , and $ 96 million ( included as a separate floating rate note in the long-term debt table ) , respectively , as a result of put provisions associated with these debt instruments .
interest projections on both floating and fixed rate long-term debt , including the effects of interest rate swaps , are based on effective interest rates as of december 31 , 2015 .
unconditional purchase obligations are defined as an agreement to purchase goods or services that is enforceable and legally binding on the company .
included in the unconditional purchase obligations category above are certain obligations related to take or pay contracts , capital commitments , service agreements and utilities .
these estimates include both unconditional purchase obligations with terms in excess of one year and normal ongoing purchase obligations with terms of less than one year .
many of these commitments relate to take or pay contracts , in which 3m guarantees payment to ensure availability of products or services that are sold to customers .
the company expects to receive consideration ( products or services ) for these unconditional purchase obligations .
contractual capital commitments are included in the preceding table , but these commitments represent a small part of the company 2019s expected capital spending in 2016 and beyond .
the purchase obligation amounts do not represent the entire anticipated purchases in the future , but represent only those items for which the company is contractually obligated .
the majority of 3m 2019s products and services are purchased as needed , with no unconditional commitment .
for this reason , these amounts will not provide a reliable indicator of the company 2019s expected future cash outflows on a stand-alone basis .
other obligations , included in the preceding table within the caption entitled 201cunconditional purchase obligations and other , 201d include the current portion of the liability for uncertain tax positions under asc 740 , which is expected to be paid out in cash in the next 12 months .
the company is not able to reasonably estimate the timing of the long-term payments or the amount by which the liability will increase or decrease over time ; therefore , the long-term portion of the net tax liability of $ 208 million is excluded from the preceding table .
refer to note 8 for further details .
as discussed in note 11 , the company does not have a required minimum cash pension contribution obligation for its u.s .
plans in 2016 and company contributions to its u.s .
and international pension plans are expected to be largely discretionary in future years ; therefore , amounts related to these plans are not included in the preceding table .
financial instruments the company enters into foreign exchange forward contracts , options and swaps to hedge against the effect of exchange rate fluctuations on cash flows denominated in foreign currencies and certain intercompany financing transactions .
the company manages interest rate risks using a mix of fixed and floating rate debt .
to help manage borrowing costs , the company may enter into interest rate swaps .
under these arrangements , the company agrees to exchange , at specified intervals , the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount .
the company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts. .

Question: Analyse this data from a financial earnings document. what was the ratio of the floating rate notes included in the long-term debt payments due in 2016 to 2017
Choices:
31.5
1
1.3125
-1.3125
222
Correct choice index: 2