inflows of $2.5 billion for the year ended December 31, 2014 included a $5.6 billion mandate from a leading UK wealth management firm to manage assets in a Strategic Managed fund, partially offset by $3.4 billion of outflows from legacy insurance assets.
The following table presents the results of operations of our Asset Management segment on an operating basis:
## Table 0 ##
NM Not Meaningful.
Our Asset Management segment pretax operating earnings, which exclude net realized investment gains or losses, increased $97 million, or 14%, to $788 million for the year ended December 31, 2014 compared to $691 million for the prior year reflecting higher average assets under management driven by equity market appreciation, partially offset by retail fund distributions and a $30 million gain on the sale of Threadneedle’s strategic business investment in Cofunds in the prior year.
Net Revenues Net revenues, which exclude net realized investment gains or losses, increased $151 million, or 5%, to $3.3 billion for the year ended December 31, 2014 compared to $3.2 billion for the prior year driven by an increase in management and financial advice fees.
Management and financial advice fees increased $148 million, or 6%, to $2.8 billion for the year ended December 31, 2014 compared to $2.6 billion for the prior year primarily due to an increase in assets under management.
Average assets under management increased 7% compared to the prior year primarily driven by equity market appreciation, partially offset by retail fund distributions.
See our discussion above on the changes in assets under management.
Distribution fees increased $24 million, or 5%, to $493 million for the year ended December 31, 2014 compared to $469 million for the prior year primarily due to higher assets levels due to market appreciation, partially offset by retail fund distributions.
Net investment income, which excludes net realized investment gains or losses, decreased $24 million, or 44%, to $30 million for the year ended December 31, 2014 compared to $54 million for the prior year due to a $30 million gain on the sale of Threadneedle’s investment in Cofunds in the prior year.
Expenses Total expenses increased $54 million, or 2%, to $2.5 billion for the year ended December 31, 2014 compared to the prior year primarily due to a $36 million increase in distribution expenses driven by higher average retail fund assets and an $18 million increase in general and administrative expense primarily driven by the negative impact of foreign exchange rates and investments in the business.
The negative impact of foreign exchanges rates on expenses was more than offset by the positive impact to revenues.
(e) Total contractual obligations are made up of the following components
## Table 1 ##
Off-Balance Sheet Arrangements As of December 31, 2015, we did not have any material off-balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition, results of operations, liquidity, capital expenditures or capital resources.
Recent Accounting Pronouncements See Note 3 to each of Comcast’s and NBCUniversal’s consolidated financial statements for additional information related to recent accounting pronouncements.
Critical Accounting Judgments and Estimates The preparation of our consolidated financial statements requires us to make estimates that affect the reported amounts of assets, liabilities, revenue and expenses, and the related disclosure of contingent assets and contingent liabilities.
We base our judgments on our historical experience and on various other assumptions that we believe are reasonable under the circumstances, the results of which form the basis for making estimates about the carrying value of assets and liabilities that are not readily apparent from other sources.
Actual results may differ from these estimates under different assumptions or conditions.
We believe our judgments and related estimates associated with the valuation and impairment testing of our cable franchise rights and the accounting for film and television costs are critical in the preparation of our consolidated financial statements.
Management has discussed the development and selection of these critical accounting judgments and estimates with the Audit Committee of our Board of Directors, and the Audit Committee has reviewed our disclosures relating to them, which are presented below.
See Notes 9 and 6 to Comcast’s consolidated financial statements for a discussion of our accounting policies with respect to these items.
Valuation and Impairment Testing of Cable Franchise Rights Our largest asset, our cable franchise rights, results from agreements we have with state and local governments that allow us to construct and operate a cable business within a specified geographic area.
The value of a franchise is derived from the economic benefits we receive from the right to solicit new customers and to market new services, such as advanced video services and high-speed Internet and voice services, in a particular service area.
The amounts we record for cable franchise rights are primarily a result of cable system acquisitions.
Typically when we acquire a cable system, the most significant asset we record is the value of the cable franchise rights.
Often these cable system acquisitions include multiple franchise areas.
We currently serve approximately 6,400 franchise areas in the United States.
We have concluded that our cable franchise rights have an indefinite useful life since there are no legal, regulatory, contractual, competitive, economic or other factors which limit the period over which these rights will contribute to our cash flows.
Accordingly, we do not amortize our cable franchise rights but assess the carrying value of our cable franchise rights annually, or more frequently whenever events or changes in circumstances indicate that the carrying amount may exceed the fair value (“impairment testing”).
impact of merger-related restructuring charges and an increase in the allowance for uncollectible amounts due from policyholders.
The 2.9 point increase in the underwriting expense ratio in 2004 compared to 2003 primarily reflected the impact of the higher underwriting expense ratio of business in runoff (some of which was acquired in the merger), the merger-related restructuring charges and the increase in the allowance for uncollectible amounts due from policyholders.
Written Premiums The Commercial segment’s gross and net written premiums by market were as follows:
## Table 2 ##
In Commercial Core operations, gross and net written premiums increased 6% and 7% over 2004 totals, primarily reflecting the impact of the merger.
However, 2005 written premium volume in Commercial Core operations declined when compared with 2004 on a pro forma combined basis, due to increasing competition in the marketplace and pricing levels that were flat with 2004.  Business retention levels throughout the Core Commercial operations, however, increased over 2004, and new business levels improved over 2004.
Net written premiums in 2005 for Commercial Core operations were reduced by the $52 million of reinstatement premiums related to catastrophe losses described in the “Consolidated Overview” section herein.
In Commercial Other operations, gross and net written premiums declined 84% and 82%, respectively, from the comparable 2004 totals, reflecting the intentional non-renewal of business in the runoff operations comprising this category.
Commercial’s gross and net written premiums in 2004 increased 23% and 21%, respectively, over the 2003 totals, primarily reflecting the impact of the merger.
New business volume in 2004 declined when compared with the combined new business volume of SPC and TPC in 2003, reflecting the increasingly competitive marketplace and the impact of higher premium flow in 2003 associated with several renewal rights transactions.
In the Commercial Accounts market, net written premiums of $4.39 billion grew $176 million, or 4%, over 2004 volume of $4.21 billion, primarily reflecting the impact of the merger.
However, 2005 written premium declined from 2004 on a pro forma combined basis.
Business retention levels in this market in 2005 increased over 2004 and were at historically high levels for the year.
New business volume also grew over 2004.
Renewal price changes in 2005 in Commercial Accounts declined from 2004 and were modestly negative for the year, reflecting the increased competitive market conditions.
Commercial Accounts’ net premium volume in 2004 grew $959 million, or 29%, over 2003 volume of $3.25 billion, primarily due to the merger.
Retention rates in 2004 were strong and renewal price change increases were essentially flat by the end of the year.
New business levels were lower during the second half of 2004 as the benefit from the Atlantic Mutual and Royal & SunAlliance renewal rights transactions entered into in the third quarter of 2003 diminished in the second half of the year.
In the Select Accounts market, net written premiums in 2005 grew 7% over 2004, primarily reflecting the impact of the merger.
However, 2005 written premium declined from 2004 on a pro forma combined basis.
Business retention levels in 2005 increased over 2004 as the year progressed and were also at historically high levels for the year in total.
Renewal price changes in Select Accounts in 2005 were in the low single digit range for the year, which was lower than renewal price increases in 2004.
New business levels in Select
WESTROCK COMPANY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ?
(Continued) 97 In the normal course of business, we evaluate our potential exposure to MEPPs, including with respect to potential withdrawal liabilities.
During fiscal 2018, we submitted formal notification to withdraw from PIUMPF and recorded an estimated withdrawal liability of $180.0 million.
The estimated withdrawal liability assumes payment over 20 years, discounted at a credit adjusted risk-free rate of 3.83%.
We expect PIUMPF?s demand related to the withdrawal to include both a payment for withdrawal liability and for our proportionate share of PIUMPF?s accumulated funding deficiency.
We reserve the right to challenge any portion of the demand, including any portion related to the accumulated funding deficiency.
The estimated withdrawal liability noted above excludes the potential impact of a future mass withdrawal of other employers from PIUMPF, which is not considered probable or reasonably estimable at this time.
Due to the absence of specific information regarding matters such as PIUMPF?s current financial situation, our estimate is subject to revision.
In addition, in fiscal 2018, we submitted formal notification to withdraw from Central States and recorded an estimated withdrawal liability of $4.2 million on a discounted basis.
It is reasonably possible that we may incur withdrawal liabilities with respect to certain other MEPPs in connection with such withdrawals.
Our estimate of any such withdrawal liability, both individually and in the aggregate, is not material for the remaining plans in which we participate.
At September 30, 2018 and September 30, 2017, we had withdrawal liabilities recorded of $247.8 million and $60.1 million, respectively.
In addition to the contributions presented in the table below, for fiscal 2018, 2017 and 2016 we accrued $6.0 million, $1.9 million and $2.1 million, respectively, related to withdrawal liabilities.
The impact of future withdrawal liabilities, future funding obligations or increased contributions may be material to our results of operations, cash flows and financial condition and the trading price of our Common Stock.
Approximately 43% of our employees are covered by CBAs or similar agreements, of which approximately 8% are covered by CBAs or similar agreements that have expired and another 6% are covered by CBAs or similar agreements that expire within one year.
The following table lists our participation in our multiemployer and other plans that are individually significant for the years ended September 30 (in millions):

<table><tr><td></td><td colspan="2">Years Ended December 31,</td><td></td><td></td></tr><tr><td></td><td>2014</td><td>2013</td><td colspan="2">Change</td></tr><tr><td></td><td colspan="3">(in millions)</td><td></td></tr><tr><td>Revenues</td><td></td><td></td><td></td><td></td></tr><tr><td>Management and financial advice fees</td><td>$2,791</td><td>$2,643</td><td>$148</td><td>6%</td></tr><tr><td>Distribution fees</td><td>493</td><td>469</td><td>24</td><td>5</td></tr><tr><td>Net investment income</td><td>30</td><td>54</td><td>-24</td><td>-44</td></tr><tr><td>Other revenues</td><td>6</td><td>5</td><td>1</td><td>20</td></tr><tr><td>Total revenues</td><td>3,320</td><td>3,171</td><td>149</td><td>5</td></tr><tr><td>Banking and deposit interest expense</td><td>—</td><td>2</td><td>-2</td><td>NM</td></tr><tr><td>Total net revenues</td><td>3,320</td><td>3,169</td><td>151</td><td>5</td></tr><tr><td>Expenses</td><td></td><td></td><td></td><td></td></tr><tr><td>Distribution expenses</td><td>1,148</td><td>1,112</td><td>36</td><td>3</td></tr><tr><td>Amortization of deferred acquisition costs</td><td>15</td><td>17</td><td>-2</td><td>-12</td></tr><tr><td>Interest and debt expense</td><td>26</td><td>24</td><td>2</td><td>8</td></tr><tr><td>General and administrative expense</td><td>1,343</td><td>1,325</td><td>18</td><td>1</td></tr><tr><td>Total expenses</td><td>2,532</td><td>2,478</td><td>54</td><td>2</td></tr><tr><td>Operating earnings</td><td>$788</td><td>$691</td><td>$97</td><td>14%</td></tr></table>
<table><tr><td>Liabilities recorded on the balance sheet</td><td>$60,578</td></tr><tr><td>Commitments not recorded on the balance sheet</td><td>55,688</td></tr><tr><td>Total</td><td>$116,266</td></tr></table>
<table><tr><td> </td><td colspan="2"> 2005</td><td colspan="2"> 2004</td><td colspan="2"> 2003</td></tr><tr><td> (for the year ended December 31, in millions)</td><td> Gross</td><td> Net</td><td> Gross</td><td> Net</td><td> Gross</td><td> Net</td></tr><tr><td>Commercial Accounts</td><td>$4,852</td><td>$4,386</td><td>$4,648</td><td>$4,210</td><td>$3,593</td><td>$3,251</td></tr><tr><td>Select Accounts</td><td> 2,799</td><td> 2,722</td><td>2,631</td><td>2,555</td><td>2,105</td><td>2,047</td></tr><tr><td>National Accounts</td><td> 2,627</td><td> 1,230</td><td>2,410</td><td>1,040</td><td>1,462</td><td>831</td></tr><tr><td> Total Commercial Core</td><td> 10,278</td><td> 8,338</td><td>9,689</td><td>7,805</td><td>7,160</td><td>6,129</td></tr><tr><td>Commercial Other</td><td> 148</td><td> 91</td><td>947</td><td>506</td><td>1,508</td><td>733</td></tr><tr><td> Total Commercial</td><td>$10,426</td><td>$8,429</td><td>$10,636</td><td>$8,311</td><td>$8,668</td><td>$6,862</td></tr></table>

Question: What is the sum of Commercial Accounts of 2005 Gross, Liabilities recorded on the balance sheet, and Total Commercial of 2004 Net ?
Answer: 73741