On November 1, 2016, management evaluated the net assets of Alcoa Corporation for potential impairment and determined that no impairment charge was required.
The cash flows related to Alcoa Corporation have not been segregated and are included in the Statement of Consolidated Cash Flows for 2016.
The following table presents depreciation, depletion and amortization, restructuring and other charges, and purchases of property, plant and equipment of the discontinued operations related to Alcoa Corporation:
## Table 0 ##
W.  Subsequent Events Management evaluated all activity of Arconic and concluded that no subsequent events have occurred that would require recognition in the Consolidated Financial Statements or disclosure in the Notes to the Consolidated Financial Statements, except as noted below: On January 22, 2019, the Company announced that its Board of Directors (the Board) had determined to no longer pursue a potential sale of Arconic as part of its strategy and portfolio review.
On February 6, 2019, the Company announced that the Board appointed John C.  Plant, current Chairman of the Board, as Chairman and Chief Executive Officer of the Company, effective February 6, 2019, to succeed Chip Blankenship, who ceased to serve as Chief Executive Officer of the Company and resigned as a member of the Board, in each case as of that date.
In addition, the Company announced that the Board appointed Elmer L.  Doty, current member of the Board, as President and Chief Operating Officer, a newly created position, effective February 6, 2019.
Mr.  Doty will remain a member of the Board.
The Company also announced that Arthur D.  Collins, Jr. , current member of the Board, has been appointed interim Lead Independent Director of the Company, effective February 6, 2019.
On February 8, 2019, the Company announced the following key initiatives as part of its ongoing strategy and portfolio review: plans to reduce operating costs, designed to maximize the impact in 2019; the planned separation of its portfolio into Engineered Products and Forgings (EP&F) and Global Rolled Products (GRP), with a spin-off of one of the businesses; the potential sale of businesses that do not best fit into EP&F or GRP; execute its previously authorized $500 share repurchase program in the first half of 2019; the Board authorized an additional $500 of share repurchases, effective through the end of 2020; and plans to reduce its quarterly common stock dividend from $0.06 to $0.02 per share.
On February 19, 2019, the Company entered into an accelerated share repurchase (“ASR”) agreement with JPMorgan Chase Bank to repurchase $700 of its common stock, pursuant to the share repurchase program previously authorized by the Board.
Under the ASR agreement, Arconic will receive initial delivery of approximately 32 million shares on February 21, 2019.
The final number of shares to be repurchased will be based on the volume-weighted average price of Arconic’s common stock during the term of the transaction, less a discount.
The ASR agreement is expected to be completed during the first half of 2019.
The Company will evaluate its organizational structure in conjunction with the planned separation of its portfolio and changes to its reportable segments are expected in the first half of 2019.
The increase in comprehensive income (loss) attributable to Johnson Controls was due to higher net income (loss) attributable to Johnson Controls ($2,479 million) and an increase in other comprehensive loss attributable to Johnson Controls ($195 million) primarily related to favorable foreign currency translation adjustments.
These year-over-year favorable foreign currency translation adjustments were primarily driven by the strengthening of the euro and British pound currencies against the U. S.  dollar, partially offset by the weakening of the Japanese yen currency against the U. S.  dollar.
Segment Analysis Management evaluates the performance of its business units based primarily on segment EBITA, which is defined as income from continuing operations before income taxes and noncontrolling interests, excluding general corporate expenses, intangible asset amortization, net financing charges, significant restructuring and impairment costs, and net mark-to-market adjustments on pension and postretirement plans.
Building Technologies & Solutions
## Table 1 ##
* Measure not meaningful Net Sales: ?
The increase in Building Solutions North America was due to incremental sales related to the Tyco Merger including current year nonrecurring purchase accounting adjustments ($3,689 million), the impact of prior year nonrecurring purchase accounting adjustments ($15 million) and the favorable impact of foreign currency translation ($5 million), partially offset by a prior year business divestiture ($32 million) and lower installation volumes ($23 million).  ?
The increase in Building Solutions EMEA/LA was due to incremental sales related to the Tyco Merger including current year nonrecurring purchase accounting adjustments ($1,982 million), higher volumes ($7 million), the impact of prior year nonrecurring purchase accounting adjustments ($5 million) and the favorable impact of foreign currency translation ($3 million), partially offset by a business divestiture ($15 million).  ?
The increase in Building Solutions Asia Pacific was due to incremental sales related to the Tyco Merger including current year nonrecurring purchase accounting adjustments ($653 million), higher volumes of equipment and control systems ($41 million), and higher service volumes ($38 million), partially offset by the unfavorable impact of foreign currency translation ($24 million).
The increase in volume was driven by favorable local economic conditions.  ?
The increase in Global Products was due to incremental sales related to the Tyco Merger including current year nonrecurring purchase accounting adjustments ($2,157 million), higher volumes ($221 million) and the favorable impact of foreign currency translation ($20 million), partially offset by lower volumes related to business divestitures and deconsolidation ($91 million).
The increase in volumes was primarily attributable to new product offerings.
Segment EBITA: ?
The increase in Building Solutions North America was due to incremental income related to the Tyco Merger ($567 million), the net impact of prior year and current year nonrecurring purchase accounting adjustments ($52 million), favorable mix ($9 million), lower SG&A ($3 million) as a result of productivity and synergy savings net of a prior year gain on business divestiture, the favorable impact of foreign currency translation ($1 million) and prior year transaction costs ($1 million), partially offset by current year integration costs ($42 million), higher operating costs as a result of channel investments ($25 million), current year transaction costs ($13 million), lower volumes ($6 million) and a prior year business divestiture ($2 million).
credit fundamentals, which if continued, may lead to a rating change.
These indicators are not necessarily a precursor of a rating change nor do they preclude a rating agency from changing a rating at any time without notice.
Currently, Fitch has all the Company’s ratings on Stable outlook, except for the financial strength ratings assigned to Prudential Insurance and certain other insurance subsidiaries which are on Negative outlook.
Moody’s, S&P, and A. M.  Best have all the Company’s ratings on Stable outlook.
Requirements to post collateral or make other payments as a result of ratings downgrades under certain agreements, including derivative agreements, can be satisfied in cash or by posting permissible securities held by the subsidiaries subject to the agreements.
In addition, a ratings downgrade by A. M.  Best to “A-” for our domestic life insurance companies would require Prudential Insurance to either post collateral or a letter of credit in the amount of approximately $1.5 billion, based on the level of statutory reserves related to the variable annuity business acquired from Allstate.
We believe that the posting of such collateral would not be a material liquidity event for Prudential Insurance.
In view of the difficulties experienced in recent years by many financial institutions, the rating agencies have heightened the level of scrutiny that they apply to such institutions, have increased the frequency and scope of their credit reviews, have requested additional information from the companies that they rate, and may adjust upward the capital and other requirements employed in the rating agency models for maintenance of certain ratings levels, such as the financial strength ratings currently held by our life insurance subsidiaries.
In addition, actions we might take to access third-party financing or to realign our capital structure may in turn cause rating agencies to reevaluate our ratings.
The following is a summary of the significant changes or actions in ratings and rating outlooks for our Company, as well as for the life insurance industry and sector, that have occurred from January 1, 2016 through February 17, 2017: On September 7, 2016, Fitch revised its Sector Outlook for U. S.  life insurers to Negative.
Fitch’s Sector Outlook reflects its view of underlying fundamental trends in the industry and the current operating environment.
The revision of the Sector Outlook to Negative is due to macro challenges tied to declining interest rates and market volatility.
At the same time, Fitch kept its Rating Outlook, which indicates the direction in which ratings are likely to move over the next 18-24 months, on the U. S.  life insurance sector as Stable.
The current Stable rating reflects Fitch’s view that the impact of the negative fundamentals indicated in their Sector Outlook remain manageable in the context of industry earnings and capital over the outlook period, and Fitch’s expectations that key credit metrics will remain largely consistent with current ratings.
These indicators are not necessarily a precursor of a rating change nor do they preclude a rating agency from changing a rating at any time without notice.
On November 15, 2016, Fitch upgraded Prudential Financial’s long-term senior debt rating to A- from BBB+ with a Stable outlook and the financial strength ratings of our U. S.  operating entities to “AA-” from “A+” with a Negative outlook.
On November 15, 2016, Moody’s revised its Rating Outlook on the U. S.  life insurance industry to Negative.
Moody’s outlook indicates their expectations for the fundamental credit conditions driving the U. S.  life insurance industry over the next 12-18 months.
The change in the outlook is a result of increased pressure on life insurers’ sales, revenues and profitability due to persistent low interest rates and weak economic growth, together with regulatory pressures on product distribution.
The change in outlook back to Stable from Negative can occur with a gradual, steady increase in long-term interest rates in 2017, underpinned by strong equity market levels and an improvement in economic growth.
On December 7, 2016, A. M.  Best revised its Rating Outlook on the U. S.  life insurance industry to Negative.
The revision of the Rating Outlook to Negative reflects A. M.  Best’s view that the industry is entering into a period of increased volatility across both economic and regulatory fronts.
A. M.  Best’s outlook indicates that there is uncertainty around the slow premium growth for life and other products, disruption from merger and acquisition activity, and the industry’s historic slow incremental approach in the face of a rapidly changing landscape.
Contractual Obligations The table below summarizes the future estimated cash payments related to certain contractual obligations as of December 31, 2016.
The estimated payments reflected in this table are based on management’s estimates and assumptions about these obligations.
Because these estimates and assumptions are necessarily subjective, the actual cash outflows in future periods will vary, possibly materially, from those reflected in the table.
In addition, we do not believe that our cash flow requirements can be adequately assessed based solely upon an analysis of these obligations, as the table below does not contemplate all aspects of our cash inflows, such as the level of cash flow generated by certain of our investments, nor all aspects of our cash outflows.
## Table 2 ##
(1) The estimated payments due by period for long-term debt reflects the contractual maturities of principal, as disclosed in Note 14 to the Consolidated Financial Statements, as well as estimated future interest payments.
The payment of principal and estimated future interest for short-term debt are

<table><tr><td>For the year ended December 31,</td><td>2016</td></tr><tr><td>Depreciation, depletion and amortization</td><td>$593</td></tr><tr><td>Restructuring and other charges</td><td>$102</td></tr><tr><td>Capital expenditures</td><td>$298</td></tr></table>
<table><tr><td></td><td colspan="2">Net Salesfor the Year EndedSeptember 30,</td><td></td><td colspan="2">Segment EBITAfor the Year EndedSeptember 30,</td><td></td></tr><tr><td>(in millions)</td><td>2017</td><td>2016</td><td>Change</td><td>2017</td><td>2016</td><td>Change</td></tr><tr><td>Building Solutions North America</td><td>$8,341</td><td>$4,687</td><td>78%</td><td>$1,039</td><td>$494</td><td>*</td></tr><tr><td>Building Solutions EMEA/LA</td><td>3,595</td><td>1,613</td><td>*</td><td>290</td><td>74</td><td>*</td></tr><tr><td>Building Solutions Asia Pacific</td><td>2,444</td><td>1,736</td><td>41%</td><td>323</td><td>222</td><td>45%</td></tr><tr><td>Global Products</td><td>8,455</td><td>6,148</td><td>38%</td><td>1,179</td><td>637</td><td>85%</td></tr><tr><td></td><td>$22,835</td><td>$14,184</td><td>61%</td><td>$2,831</td><td>$1,427</td><td>98%</td></tr></table>
<table><tr><td></td><td colspan="5">Estimated Payments Due by Period</td></tr><tr><td></td><td>Total</td><td>2017</td><td>2018-2019</td><td>2020-2021</td><td>2022 andthereafter</td></tr><tr><td></td><td colspan="5">(in millions)</td></tr><tr><td>Short-term and long-term debt obligations-1</td><td>$38,931</td><td>$2,097</td><td>$4,811</td><td>$3,361</td><td>$28,662</td></tr><tr><td>Operating and capital lease obligations-2</td><td>718</td><td>150</td><td>235</td><td>148</td><td>185</td></tr><tr><td>Purchase obligations:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commitments to purchase or fund investments-3</td><td>6,376</td><td>5,486</td><td>533</td><td>212</td><td>145</td></tr><tr><td>Commercial mortgage loan commitments-4</td><td>1,984</td><td>1,643</td><td>327</td><td>0</td><td>14</td></tr><tr><td>Other liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Insurance liabilities-5</td><td>1,124,645</td><td>44,024</td><td>69,170</td><td>72,569</td><td>938,882</td></tr><tr><td>Other-6</td><td>12,157</td><td>11,966</td><td>85</td><td>53</td><td>53</td></tr><tr><td>Total</td><td>$1,184,811</td><td>$65,366</td><td>$75,161</td><td>$76,343</td><td>$967,941</td></tr></table>

Question: considering the asr agreement , what will be the total value associated with the repurchase program of common stock , in millions of dollars?
Answer: 22400