whpthomas/finqa-parquet huggingface dataset:
notes to consolidated financial statements uncertain tax provisions as described in note 1 , the company adopted fin 48 on january 1 , 2007 . the effect of adopting fin 48 was not material to the company 2019s financial statements . the following is a reconciliation of the company 2019s beginning and ending amount of unrecognized tax benefits ( in millions ) . .
what portion of the of unrecognized tax benefits would have an impact in the effective tax rate if recognized?
of the amount included in the previous table , $ 57 million of unrecognized tax benefits would impact the effective tax rate if recognized . aon does not expect the unrecognized tax positions to change significantly over the next twelve months . the company recognizes interest and penalties related to unrecognized income tax benefits in its provision for income taxes . aon accrued potential penalties and interest of less than $ 1 million related to unrecognized tax positions during 2007 . in total , as of december 31 , 2007 , aon has recorded a liability for penalties and interest of $ 1 million and $ 7 million , respectively . aon and its subsidiaries file income tax returns in the u.s . federal jurisdiction as well as various state and international jurisdictions . aon has substantially concluded all u.s . federal income tax matters for years through 2004 . the internal revenue service commenced an examination of aon 2019s federal u.s . income tax returns for 2005 and 2006 in the fourth quarter of 2007 . material u.s . state and local income tax jurisdiction examinations have been concluded for years through 2002 . aon has concluded income tax examinations in its primary international jurisdictions through 2000 . aon corporation .
five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dow jones , and the s&p 500 . the graph assumes that the value of the investment in the common stock of union pacific corporation and each index was $ 100 on december 31 , 2005 and that all dividends were reinvested . purchases of equity securities 2013 during 2010 , we repurchased 17556522 shares of our common stock at an average price of $ 75.51 . the following table presents common stock repurchases during each month for the fourth quarter of 2010 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] .
for the quarter ended december 312010 what was percent of the total number of shares purchased in november
[a] total number of shares purchased during the quarter includes approximately 563220 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares . [b] on may 1 , 2008 , our board of directors authorized us to repurchase up to 40 million shares of our common stock through march 31 , 2011 . we may make these repurchases on the open market or through other transactions . our management has sole discretion with respect to determining the timing and amount of these transactions . on february 3 , 2011 , our board of directors authorized us to repurchase up to 40 million additional shares of our common stock under a new program effective from april 1 , 2011 through march 31 , 2014. .
jpmorgan chase & co./2009 annual report 173 trading assets and liabilities average balances average trading assets and liabilities were as follows for the periods indicated. .
excluding derivatives , what are net 2009 trading assets , in millions?
( a ) primarily represent securities sold , not yet purchased . note 4 2013 fair value option the fair value option provides an option to elect fair value as an alternative measurement for selected financial assets , financial liabilities , unrecognized firm commitments , and written loan com- mitments not previously carried at fair value . elections elections were made by the firm to : 2022 mitigate income statement volatility caused by the differences in the measurement basis of elected instruments ( for example , cer- tain instruments elected were previously accounted for on an accrual basis ) while the associated risk management arrange- ments are accounted for on a fair value basis ; 2022 eliminate the complexities of applying certain accounting models ( e.g. , hedge accounting or bifurcation accounting for hybrid in- struments ) ; and 2022 better reflect those instruments that are managed on a fair value basis . elections include : 2022 securities financing arrangements with an embedded derivative and/or a maturity of greater than one year . 2022 loans purchased or originated as part of securitization ware- housing activity , subject to bifurcation accounting , or managed on a fair value basis . 2022 structured notes issued as part of ib 2019s client-driven activities . ( structured notes are financial instruments that contain embed- ded derivatives. ) 2022 certain tax credits and other equity investments acquired as part of the washington mutual transaction . the cumulative effect on retained earnings of the adoption of the fair value option on january 1 , 2007 , was $ 199 million. .
performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor's 500 composite stock index ( "s&p 500 index" ) , ( ii ) the standard & poor's industrials index ( "s&p industrials index" ) and ( iii ) the standard & poor's consumer durables & apparel index ( "s&p consumer durables & apparel index" ) , from december 31 , 2012 through december 31 , 2017 , when the closing price of our common stock was $ 43.94 . the graph assumes investments of $ 100 on december 31 , 2012 in our common stock and in each of the three indices and the reinvestment of dividends . the table below sets forth the value , as of december 31 for each of the years indicated , of a $ 100 investment made on december 31 , 2012 in each of our common stock , the s&p 500 index , the s&p industrials index and the s&p consumer durables & apparel index and includes the reinvestment of dividends. .
what was the ratio of the value of the common stock masco to s&p 500 index in 2015
$ 50.00 $ 100.00 $ 150.00 $ 200.00 $ 250.00 $ 300.00 $ 350.00 masco s&p 500 index s&p industrials index s&p consumer durables & apparel index .
awards . awards granted under the 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the merger . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsidiaries who were not employed by republic services , inc . prior to such date . at december 31 , 2009 , there were approximately 15.3 million shares of common stock reserved for future grants under the 2006 plan . stock options we use a lattice binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one-year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted- average estimated fair values of stock options granted during the years ended december 31 , 2009 , 2008 and 2007 were $ 3.79 , $ 4.36 and $ 6.49 per option , respectively , which were calculated using the following weighted-average assumptions: .
what was the percentage growth in the dividend yield from 2007 to 2008
republic services , inc . and subsidiaries notes to consolidated financial statements , continued .
united parcel service , inc . and subsidiaries notes to consolidated financial statements 8.375% ( 8.375 % ) debentures the 8.375% ( 8.375 % ) debentures consist of two separate tranches , as follows : 2022 $ 276 million of the debentures have a maturity of april 1 , 2030 . these debentures have an 8.375% ( 8.375 % ) interest rate until april 1 , 2020 , and , thereafter , the interest rate will be 7.62% ( 7.62 % ) for the final 10 years . these debentures are redeemable in whole or in part at our option at any time . the redemption price is equal to the greater of 100% ( 100 % ) of the principal amount and accrued interest , or the sum of the present values of the remaining scheduled payout of principal and interest thereon discounted to the date of redemption ( at a benchmark treasury yield plus five basis points ) plus accrued interest . 2022 $ 424 million of the debentures have a maturity of april 1 , 2020 . these debentures are not subject to redemption prior to maturity . interest is payable semiannually in april and october for both tranches and neither tranche is subject to sinking fund requirements . we subsequently entered into interest rate swaps on the 2020 debentures , which effectively converted the fixed interest rates on the debentures to variable libor-based interest rates . the average interest rate payable on the 2020 debentures , including the impact of the interest rate swaps , for 2016 and 2015 was 5.43% ( 5.43 % ) and 5.04% ( 5.04 % ) , respectively . floating rate senior notes the floating rate senior notes bear interest at either one or three-month libor , less a spread ranging from 30 to 45 basis points . the average interest rate for 2016 and 2015 was 0.21% ( 0.21 % ) and 0.01% ( 0.01 % ) , respectively . these notes are callable at various times after 30 years at a stated percentage of par value , and putable by the note holders at various times after 10 years at a stated percentage of par value . the notes have maturities ranging from 2049 through 2066 . in march , june and august 2016 , we issued floating rate senior notes in principal balances of $ 118 , $ 74 and $ 35 million , respectively . these notes bear interest at three-month libor less 30 basis points and mature in 2066 . capital lease obligations we have certain property , plant and equipment subject to capital leases . some of the obligations associated with these capital leases have been legally defeased . the recorded value of our property , plant and equipment subject to capital leases is as follows as of december 31 ( in millions ) : .
what was the change in millions of buildings from 2015 to 2016?
these capital lease obligations have principal payments due at various dates from 2017 through 3005. .
supplemental financial information common stock performance the following graph compares the performance of an investment in the firm 2019s common stock from december 26 , 2008 ( the last trading day before the firm 2019s 2009 fiscal year ) through december 31 , 2013 , with the s&p 500 index and the s&p 500 financials index . the graph assumes $ 100 was invested on december 26 , 2008 in each of the firm 2019s common stock , the s&p 500 index and the s&p 500 financials index , and the dividends were reinvested on the date of payment without payment of any commissions . the performance shown in the graph represents past performance and should not be considered an indication of future performance . the goldman sachs group , inc . s&p 500 index s&p 500 financials index dec-09 dec-10 dec-11 dec-12 dec-13dec-08 the table below shows the cumulative total returns in dollars of the firm 2019s common stock , the s&p 500 index and the s&p 500 financials index for goldman sachs 2019 last five fiscal year ends , assuming $ 100 was invested on december 26 , 2008 in each of the firm 2019s common stock , the s&p 500 index and the s&p 500 financials index , and the dividends were reinvested on the date of payment without payment of any commissions . the performance shown in the table represents past performance and should not be considered an indication of future performance. .
what is the five year total return on the goldman sachs group inc.?
218 goldman sachs 2013 annual report .
the fair value measurements of the borrowings under our credit agreement and receivables facility are classified as level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market , including interest rates on recent financing transactions with similar terms and maturities . we estimated the fair value by calculating the upfront cash payment a market participant would require at december 31 , 2016 to assume these obligations . the fair value of our notes is classified as level 1 within the fair value hierarchy since it is determined based upon observable market inputs including quoted market prices in an active market . the fair value of our euro notes is determined based upon observable market inputs including quoted market prices in a market that is not active , and therefore is classified as level 2 within the fair value hierarchy . note 12 . commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment . the future minimum lease commitments under these leases at december 31 , 2016 are as follows ( in thousands ) : years ending december 31: .
what was the percentage change in rental expense for operating leases from 2014 to 2015?
rental expense for operating leases was approximately $ 211.5 million , $ 168.4 million and $ 148.5 million during the years ended december 31 , 2016 , 2015 and 2014 , respectively . we guarantee the residual values of the majority of our truck and equipment operating leases . the residual values decline over the lease terms to a defined percentage of original cost . in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall . similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value . had we terminated all of our operating leases subject to these guarantees at december 31 , 2016 , our portion of the guaranteed residual value would have totaled approximately $ 59.0 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies we have certain contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. .
net impairment we recognized $ 16.9 million and $ 14.9 million of net impairment during the years ended december 31 , 2012 and 2011 , respectively , on certain securities in our non-agency cmo portfolio due to continued deterioration in the expected credit performance of the underlying loans in those specific securities . the gross other-than-temporary impairment ( 201cotti 201d ) and the noncredit portion of otti , which was or had been previously recorded through other comprehensive income ( loss ) , are shown in the table below ( dollars in millions ) : year ended december 31 , 2012 2011 .
what was the change in otti between 2011 and 2012 , in millions?
provision for loan losses provision for loan losses decreased 20% ( 20 % ) to $ 354.6 million for the year ended december 31 , 2012 compared to 2011 . the decrease in provision for loan losses was driven primarily by improving credit trends , as evidenced by the lower levels of delinquent loans in the one- to four-family and home equity loan portfolios , and loan portfolio run-off . the decrease was partially offset by $ 50 million in charge-offs associated with newly identified bankruptcy filings during the third quarter of 2012 , with approximately 80% ( 80 % ) related to prior years . we utilize third party loan servicers to obtain bankruptcy data on our borrowers and during the third quarter of 2012 , we identified an increase in bankruptcies reported by one specific servicer . in researching this increase , we discovered that the servicer had not been reporting historical bankruptcy data on a timely basis . as a result , we implemented an enhanced procedure around all servicer reporting to corroborate bankruptcy reporting with independent third party data . through this additional process , approximately $ 90 million of loans were identified in which servicers failed to report the bankruptcy filing to us , approximately 90% ( 90 % ) of which were current at the end of the third quarter of 2012 . as a result , these loans were written down to the estimated current value of the underlying property less estimated selling costs , or approximately $ 40 million , during the third quarter of 2012 . these charge-offs resulted in an increase to provision for loan losses of $ 50 million for the year ended december 31 , 2012 . the provision for loan losses has declined four consecutive years , down 78% ( 78 % ) from its peak of $ 1.6 billion for the year ended december 31 , 2008 . we expect provision for loan losses to continue to decline over the long term , although it is subject to variability in any given quarter. .
stock performance graph the following graph compares the most recent five-year performance of the company 2019s common stock with ( 1 ) the standard & poor 2019s 500 ae index and ( 2 ) the standard & poor 2019s 500 ae materials index , a group of 25 companies categorized by standard & poor 2019s as active in the 201cmaterials 201d market sector . the graph assumes , in each case , an initial investment of $ 100 on december 31 , 2012 , and the reinvestment of dividends . historical prices prior to the separation of alcoa corporation from the company on november 1 , 2016 , have been adjusted to reflect the value of the separation transaction . the graph , table and related information shall not be deemed to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into future filings under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates it by reference into such filing . copyright a9 2018 standard & poor's , a division of s&p global . all rights reserved. .
what is the annualized return for the s&p 500 aematerials index during 2012 and 2017?
s&p 500 ae index 100 132.39 150.51 152.59 170.84 208.14 s&p 500 ae materials index 100 125.60 134.28 123.03 143.56 177.79 .
contractual obligations and commercial commitments future payments due from garmin , as of december 30 , 2006 , aggregated by type of contractual obligation .
considering the payments due to less than a year , what is the percentage of purchase obligations concerning the total expenses?
operating leases describes lease obligations associated with garmin facilities located in the u.s. , taiwan , the u.k. , and canada . purchase obligations are the aggregate of those purchase orders that were outstanding on december 30 , 2006 ; these obligations are created and then paid off within 3 months during the normal course of our manufacturing business . off-balance sheet arrangements we do not have any off-balance sheet arrangements . item 7a . quantitative and qualitative disclosures about market risk market sensitivity we have market risk primarily in connection with the pricing of our products and services and the purchase of raw materials . product pricing and raw materials costs are both significantly influenced by semiconductor market conditions . historically , during cyclical industry downturns , we have been able to offset pricing declines for our products through a combination of improved product mix and success in obtaining price reductions in raw materials costs . inflation we do not believe that inflation has had a material effect on our business , financial condition or results of operations . if our costs were to become subject to significant inflationary pressures , we may not be able to fully offset such higher costs through price increases . our inability or failure to do so could adversely affect our business , financial condition and results of operations . foreign currency exchange rate risk the operation of garmin 2019s subsidiaries in international markets results in exposure to movements in currency exchange rates . we generally have not been significantly affected by foreign exchange fluctuations because the taiwan dollar and british pound have proven to be relatively stable . however , periodically we have experienced significant foreign currency gains and losses due to the strengthening and weakening of the u.s . dollar . the potential of volatile foreign exchange rate fluctuations in the future could have a significant effect on our results of operations . the currencies that create a majority of the company 2019s exchange rate exposure are the taiwan dollar and british pound . garmin corporation , located in shijr , taiwan , uses the local currency as the functional currency . the company translates all assets and liabilities at year-end exchange rates and income and expense accounts at average rates during the year . in order to minimize the effect of the currency exchange fluctuations on our net assets , we have elected to retain most of our taiwan subsidiary 2019s cash and investments in marketable securities denominated in u.s . dollars . the td/usd exchange rate decreased 0.7% ( 0.7 % ) during 2006 , which resulted in a cumulative translation adjustment of negative $ 1.2 million at the end of fiscal 2006 and a net foreign currency loss of $ 3.1 million at garmin corporation during 2006. .