the following table illustrates the incremental effect of applying sfas no . 158 on individual line items of the balance sheet as of december 31 , 2006 . before after application of application of ( in millions ) sfas no . 158 adjustments sfas no . 158 .
what was the percentage change in total assets due to the adoption of fas 158?
sab no . 108 2013 in september 2006 , the securities and exchange commission issued staff accounting bulletin ( 2018 2018sab 2019 2019 ) no . 108 , 2018 2018financial statements 2013 considering the effects of prior year misstatements when quantifying misstatements in current year financial statements . 2019 2019 sab no . 108 addresses how a registrant should quantify the effect of an error in the financial statements for purposes of assessing materiality and requires that the effect be computed using both the current year income statement perspective ( 2018 2018rollover 2019 2019 ) and the year end balance sheet perspective ( 2018 2018iron curtain 2019 2019 ) methods for fiscal years ending after november 15 , 2006 . if a change in the method of quantifying errors is required under sab no . 108 , this represents a change in accounting policy ; therefore , if the use of both methods results in a larger , material misstatement than the previously applied method , the financial statements must be adjusted . sab no . 108 allows the cumulative effect of such adjustments to be made to opening retained earnings upon adoption . marathon adopted sab no . 108 for the year ended december 31 , 2006 , and adoption did not have an effect on marathon 2019s consolidated results of operations , financial position or cash flows . eitf issue no . 06-03 2013 in june 2006 , the fasb ratified the consensus reached by the eitf regarding issue no . 06-03 , 2018 2018how taxes collected from customers and remitted to governmental authorities should be presented in the income statement ( that is , gross versus net presentation ) . 2019 2019 included in the scope of this issue are any taxes assessed by a governmental authority that are imposed on and concurrent with a specific revenue-producing transaction between a seller and a customer . the eitf concluded that the presentation of such taxes on a gross basis ( included in revenues and costs ) or a net basis ( excluded from revenues ) is an accounting policy decision that should be disclosed pursuant to accounting principles board ( 2018 2018apb 2019 2019 ) opinion no . 22 , 2018 2018disclosure of accounting policies . 2019 2019 in addition , the amounts of such taxes reported on a gross basis must be disclosed if those tax amounts are significant . the policy disclosures required by this consensus are included in note 1 under the heading 2018 2018consumer excise taxes 2019 2019 and the taxes reported on a gross basis are presented separately as consumer excise taxes in the consolidated statements of income . eitf issue no . 04-13 2013 in september 2005 , the fasb ratified the consensus reached by the eitf on issue no . 04-13 , 2018 2018accounting for purchases and sales of inventory with the same counterparty . 2019 2019 the consensus establishes the circumstances under which two or more inventory purchase and sale transactions with the same counterparty should be recognized at fair value or viewed as a single exchange transaction subject to apb opinion no . 29 , 2018 2018accounting for nonmonetary transactions . 2019 2019 in general , two or more transactions with the same counterparty must be combined for purposes of applying apb opinion no . 29 if they are entered into in contemplation of each other . the purchase and sale transactions may be pursuant to a single contractual arrangement or separate contractual arrangements and the inventory purchased or sold may be in the form of raw materials , work-in-process or finished goods . effective april 1 , 2006 , marathon adopted the provisions of eitf issue no . 04-13 prospectively . eitf issue no . 04-13 changes the accounting for matching buy/sell arrangements that are entered into or modified on or after april 1 , 2006 ( except for those accounted for as derivative instruments , which are discussed below ) . in a typical matching buy/sell transaction , marathon enters into a contract to sell a particular quantity and quality of crude oil or refined product at a specified location and date to a particular counterparty and simultaneously agrees to buy a particular quantity and quality of the same commodity at a specified location on the same or another specified date from the same counterparty . prior to adoption of eitf issue no . 04-13 , marathon recorded such matching buy/sell transactions in both revenues and cost of revenues as separate sale and purchase transactions . upon adoption , these transactions are accounted for as exchanges of inventory . the scope of eitf issue no . 04-13 excludes matching buy/sell arrangements that are accounted for as derivative instruments . a portion of marathon 2019s matching buy/sell transactions are 2018 2018nontraditional derivative instruments , 2019 2019 which are discussed in note 1 . although the accounting for nontraditional derivative instruments is outside the scope of eitf issue no . 04-13 , the conclusions reached in that consensus caused marathon to reconsider the guidance in eitf issue no . 03-11 , 2018 2018reporting realized gains and losses on derivative instruments that are subject to fasb statement no . 133 and not 2018 2018held for trading purposes 2019 2019 as defined in issue no . 02-3 . 2019 2019 as a result , effective for contracts entered into or modified on or after april 1 , 2006 , the effects of matching buy/sell arrangements accounted for as nontraditional derivative instruments are recognized on a net basis in net income and are classified as cost of revenues . prior to this change , marathon recorded these transactions in both revenues and cost of revenues as separate sale and purchase transactions . this change in accounting principle is being applied on a prospective basis because it is impracticable to apply the change on a retrospective basis. .