Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: our ability to restructure or refinance our debt will depend on the condition of the capital markets and our financial condition at such time . any refinancing of our debt could be at higher interest rates and may require us to comply with more onerous covenants , which could further restrict our business operations . in addition , any failure to make payments of interest and principal on our outstanding indebtedness on a timely basis would likely result in a reduction of our credit rating , which could harm our ability to incur additional indebtedness . if our cash flows and available cash are insufficient to meet our debt service obligations , we could face substantial liquidity problems and might be required to dispose of material assets or operations to meet our debt service and other obligations . we may not be able to consummate those dispositions or to obtain the proceeds that we could realize from them , and these proceeds may not be adequate to meet any debt service obligations then due . item 1b . unresolved staff comments item 2 . properties a summary of our significant locations at december 31 , 2013 is shown in the following table . all facilities are leased , except for 165000 square feet of our office in alpharetta , georgia . square footage amounts are net of space that has been sublet or part of a facility restructuring. .

1	location	approximate square footage

2	alpharetta georgia	254000

3	jersey city new jersey	107000

4	arlington virginia	102000

5	sandy utah	66000

6	menlo park california	63000

7	new york new york	39000

8	chicago illinois ( 1 )	36000

 chicago , illinois ( 1 ) 36000 ( 1 ) includes approximately 25000 square footage related to g1 execution services , llc . we entered into a definitive agreement to sell g1 execution services , llc to an affiliate of susquehanna . the lease was assigned to susquehanna upon closing of the sale on february 10 , all of our facilities are used by either our trading and investing or balance sheet management segments , in addition to the corporate/other category . all other leased facilities with space of less than 25000 square feet are not listed by location . in addition to the significant facilities above , we also lease all 30 e*trade branches , ranging in space from approximately 2500 to 8000 square feet . we believe our facilities space is adequate to meet our needs in 2014 . item 3 . legal proceedings on october 27 , 2000 , ajaxo , inc . ( 201cajaxo 201d ) filed a complaint in the superior court for the state of california , county of santa clara . ajaxo sought damages and certain non-monetary relief for the company 2019s alleged breach of a non-disclosure agreement with ajaxo pertaining to certain wireless technology that ajaxo offered the company as well as damages and other relief against the company for their alleged misappropriation of ajaxo 2019s trade secrets . following a jury trial , a judgment was entered in 2003 in favor of ajaxo against the company for $ 1.3 million for breach of the ajaxo non-disclosure agreement . although the jury found in favor of ajaxo on its claim against the company for misappropriation of trade secrets , the trial court subsequently denied ajaxo 2019s requests for additional damages and relief . on december 21 , 2005 , the california court of appeal affirmed the above-described award against the company for breach of the nondisclosure agreement but remanded the case to the trial court for the limited purpose of determining what , if any , additional damages ajaxo may be entitled to as a result of the jury 2019s previous finding in favor of ajaxo on its claim against the company for misappropriation of trade secrets . although the company paid ajaxo the full amount due on the above-described judgment , the case was remanded back to the trial court , and on may 30 , 2008 , a jury returned a .
Conversations:
q0: what was the percentage of sq ft of the office in alpharette, georgia not leased as of 12/31/13? {answer0}
Question: at the same date, what was the ratio of sq ft of the alpharetta, georgia office to the one in jersey city, new jersey?
Answer:

Answer: 2.37383


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: item 7 . management 2019s discussion and analysis of financial condition and results of operations our management 2019s discussion and analysis of financial condition and results of operations ( md&a ) is provided in addition to the accompanying consolidated financial statements and notes to assist readers in understanding our results of operations , financial condition , and cash flows . md&a is organized as follows : 2022 overview . discussion of our business and overall analysis of financial and other highlights affecting the company in order to provide context for the remainder of md&a . 2022 critical accounting estimates . accounting estimates that we believe are most important to understanding the assumptions and judgments incorporated in our reported financial results and forecasts . 2022 results of operations . an analysis of our financial results comparing 2013 to 2012 and comparing 2012 to 2022 liquidity and capital resources . an analysis of changes in our balance sheets and cash flows , and discussion of our financial condition and potential sources of liquidity . 2022 fair value of financial instruments . discussion of the methodologies used in the valuation of our financial instruments . 2022 contractual obligations and off-balance-sheet arrangements . overview of contractual obligations , contingent liabilities , commitments , and off-balance-sheet arrangements outstanding as of december 28 , 2013 , including expected payment schedule . the various sections of this md&a contain a number of forward-looking statements that involve a number of risks and uncertainties . words such as 201canticipates , 201d 201cexpects , 201d 201cintends , 201d 201cplans , 201d 201cbelieves , 201d 201cseeks , 201d 201cestimates , 201d 201ccontinues , 201d 201cmay , 201d 201cwill , 201d 201cshould , 201d and variations of such words and similar expressions are intended to identify such forward-looking statements . in addition , any statements that refer to projections of our future financial performance , our anticipated growth and trends in our businesses , uncertain events or assumptions , and other characterizations of future events or circumstances are forward-looking statements . such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this filing and particularly in 201crisk factors 201d in part i , item 1a of this form 10-k . our actual results may differ materially , and these forward-looking statements do not reflect the potential impact of any divestitures , mergers , acquisitions , or other business combinations that had not been completed as of february 14 , 2014 . overview our results of operations for each period were as follows: .

1	( dollars in millions except per share amounts )	three months ended dec . 282013	three months ended sept . 282013	three months ended change	three months ended dec . 282013	three months ended dec . 292012	change

2	net revenue	$ 13834	$ 13483	$ 351	$ 52708	$ 53341	$ -633 ( 633 )

3	gross margin	$ 8571	$ 8414	$ 157	$ 31521	$ 33151	$ -1630 ( 1630 )

4	gross margin percentage	62.0% ( 62.0 % )	62.4% ( 62.4 % )	( 0.4 ) % (  % )	59.8% ( 59.8 % )	62.1% ( 62.1 % )	( 2.3 ) % (  % )

5	operating income	$ 3549	$ 3504	$ 45	$ 12291	$ 14638	$ -2347 ( 2347 )

6	net income	$ 2625	$ 2950	$ -325 ( 325 )	$ 9620	$ 11005	$ -1385 ( 1385 )

7	diluted earnings per common share	$ 0.51	$ 0.58	$ -0.07 ( 0.07 )	$ 1.89	$ 2.13	$ -0.24 ( 0.24 )

 revenue for 2013 was down 1% ( 1 % ) from 2012 . pccg experienced lower platform unit sales in the first half of the year , but saw offsetting growth in the back half as the pc market began to show signs of stabilization . dcg continued to benefit from the build out of internet cloud computing and the strength of our product portfolio resulting in increased platform volumes for dcg for the year . higher factory start-up costs for our next-generation 14nm process technology led to a decrease in gross margin compared to 2012 . in response to the current business environment and to better align resources , management approved several restructuring actions including targeted workforce reductions as well as the exit of certain businesses and facilities . these actions resulted in restructuring and asset impairment charges of $ 240 million for 2013 . table of contents .
Conversations:
Question: what was the change in net revenues between 12/28/12 and 12/29/13?
Answer:

Answer: -633.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: item 7 . management 2019s discussion and analysis of financial condition and results of operations our management 2019s discussion and analysis of financial condition and results of operations ( md&a ) is provided in addition to the accompanying consolidated financial statements and notes to assist readers in understanding our results of operations , financial condition , and cash flows . md&a is organized as follows : 2022 overview . discussion of our business and overall analysis of financial and other highlights affecting the company in order to provide context for the remainder of md&a . 2022 critical accounting estimates . accounting estimates that we believe are most important to understanding the assumptions and judgments incorporated in our reported financial results and forecasts . 2022 results of operations . an analysis of our financial results comparing 2013 to 2012 and comparing 2012 to 2022 liquidity and capital resources . an analysis of changes in our balance sheets and cash flows , and discussion of our financial condition and potential sources of liquidity . 2022 fair value of financial instruments . discussion of the methodologies used in the valuation of our financial instruments . 2022 contractual obligations and off-balance-sheet arrangements . overview of contractual obligations , contingent liabilities , commitments , and off-balance-sheet arrangements outstanding as of december 28 , 2013 , including expected payment schedule . the various sections of this md&a contain a number of forward-looking statements that involve a number of risks and uncertainties . words such as 201canticipates , 201d 201cexpects , 201d 201cintends , 201d 201cplans , 201d 201cbelieves , 201d 201cseeks , 201d 201cestimates , 201d 201ccontinues , 201d 201cmay , 201d 201cwill , 201d 201cshould , 201d and variations of such words and similar expressions are intended to identify such forward-looking statements . in addition , any statements that refer to projections of our future financial performance , our anticipated growth and trends in our businesses , uncertain events or assumptions , and other characterizations of future events or circumstances are forward-looking statements . such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this filing and particularly in 201crisk factors 201d in part i , item 1a of this form 10-k . our actual results may differ materially , and these forward-looking statements do not reflect the potential impact of any divestitures , mergers , acquisitions , or other business combinations that had not been completed as of february 14 , 2014 . overview our results of operations for each period were as follows: .

1	( dollars in millions except per share amounts )	three months ended dec . 282013	three months ended sept . 282013	three months ended change	three months ended dec . 282013	three months ended dec . 292012	change

2	net revenue	$ 13834	$ 13483	$ 351	$ 52708	$ 53341	$ -633 ( 633 )

3	gross margin	$ 8571	$ 8414	$ 157	$ 31521	$ 33151	$ -1630 ( 1630 )

4	gross margin percentage	62.0% ( 62.0 % )	62.4% ( 62.4 % )	( 0.4 ) % (  % )	59.8% ( 59.8 % )	62.1% ( 62.1 % )	( 2.3 ) % (  % )

5	operating income	$ 3549	$ 3504	$ 45	$ 12291	$ 14638	$ -2347 ( 2347 )

6	net income	$ 2625	$ 2950	$ -325 ( 325 )	$ 9620	$ 11005	$ -1385 ( 1385 )

7	diluted earnings per common share	$ 0.51	$ 0.58	$ -0.07 ( 0.07 )	$ 1.89	$ 2.13	$ -0.24 ( 0.24 )

 revenue for 2013 was down 1% ( 1 % ) from 2012 . pccg experienced lower platform unit sales in the first half of the year , but saw offsetting growth in the back half as the pc market began to show signs of stabilization . dcg continued to benefit from the build out of internet cloud computing and the strength of our product portfolio resulting in increased platform volumes for dcg for the year . higher factory start-up costs for our next-generation 14nm process technology led to a decrease in gross margin compared to 2012 . in response to the current business environment and to better align resources , management approved several restructuring actions including targeted workforce reductions as well as the exit of certain businesses and facilities . these actions resulted in restructuring and asset impairment charges of $ 240 million for 2013 . table of contents .
Conversations:
q0: what was the change in net revenues between 12/28/12 and 12/29/13? {answer0}
Question: so what was the percentage change during this time?
Answer:

Answer: -0.01187


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: item 7 . management 2019s discussion and analysis of financial condition and results of operations our management 2019s discussion and analysis of financial condition and results of operations ( md&a ) is provided in addition to the accompanying consolidated financial statements and notes to assist readers in understanding our results of operations , financial condition , and cash flows . md&a is organized as follows : 2022 overview . discussion of our business and overall analysis of financial and other highlights affecting the company in order to provide context for the remainder of md&a . 2022 critical accounting estimates . accounting estimates that we believe are most important to understanding the assumptions and judgments incorporated in our reported financial results and forecasts . 2022 results of operations . an analysis of our financial results comparing 2013 to 2012 and comparing 2012 to 2022 liquidity and capital resources . an analysis of changes in our balance sheets and cash flows , and discussion of our financial condition and potential sources of liquidity . 2022 fair value of financial instruments . discussion of the methodologies used in the valuation of our financial instruments . 2022 contractual obligations and off-balance-sheet arrangements . overview of contractual obligations , contingent liabilities , commitments , and off-balance-sheet arrangements outstanding as of december 28 , 2013 , including expected payment schedule . the various sections of this md&a contain a number of forward-looking statements that involve a number of risks and uncertainties . words such as 201canticipates , 201d 201cexpects , 201d 201cintends , 201d 201cplans , 201d 201cbelieves , 201d 201cseeks , 201d 201cestimates , 201d 201ccontinues , 201d 201cmay , 201d 201cwill , 201d 201cshould , 201d and variations of such words and similar expressions are intended to identify such forward-looking statements . in addition , any statements that refer to projections of our future financial performance , our anticipated growth and trends in our businesses , uncertain events or assumptions , and other characterizations of future events or circumstances are forward-looking statements . such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this filing and particularly in 201crisk factors 201d in part i , item 1a of this form 10-k . our actual results may differ materially , and these forward-looking statements do not reflect the potential impact of any divestitures , mergers , acquisitions , or other business combinations that had not been completed as of february 14 , 2014 . overview our results of operations for each period were as follows: .

1	( dollars in millions except per share amounts )	three months ended dec . 282013	three months ended sept . 282013	three months ended change	three months ended dec . 282013	three months ended dec . 292012	change

2	net revenue	$ 13834	$ 13483	$ 351	$ 52708	$ 53341	$ -633 ( 633 )

3	gross margin	$ 8571	$ 8414	$ 157	$ 31521	$ 33151	$ -1630 ( 1630 )

4	gross margin percentage	62.0% ( 62.0 % )	62.4% ( 62.4 % )	( 0.4 ) % (  % )	59.8% ( 59.8 % )	62.1% ( 62.1 % )	( 2.3 ) % (  % )

5	operating income	$ 3549	$ 3504	$ 45	$ 12291	$ 14638	$ -2347 ( 2347 )

6	net income	$ 2625	$ 2950	$ -325 ( 325 )	$ 9620	$ 11005	$ -1385 ( 1385 )

7	diluted earnings per common share	$ 0.51	$ 0.58	$ -0.07 ( 0.07 )	$ 1.89	$ 2.13	$ -0.24 ( 0.24 )

 revenue for 2013 was down 1% ( 1 % ) from 2012 . pccg experienced lower platform unit sales in the first half of the year , but saw offsetting growth in the back half as the pc market began to show signs of stabilization . dcg continued to benefit from the build out of internet cloud computing and the strength of our product portfolio resulting in increased platform volumes for dcg for the year . higher factory start-up costs for our next-generation 14nm process technology led to a decrease in gross margin compared to 2012 . in response to the current business environment and to better align resources , management approved several restructuring actions including targeted workforce reductions as well as the exit of certain businesses and facilities . these actions resulted in restructuring and asset impairment charges of $ 240 million for 2013 . table of contents .
Conversations:
q0: what was the change in net revenues between 12/28/12 and 12/29/13? {answer0}
q1: so what was the percentage change during this time? {answer1}
Question: what was the percentage of impairment charges to net revenue in 2013?
Answer:

Answer: 0.00455


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: net revenues include $ 3.8 billion in 2017 and $ 739 million in 2016 related to the sale of rrps , mainly driven by japan . these net revenue amounts include excise taxes billed to customers . excluding excise taxes , net revenues for rrps were $ 3.6 billion in 2017 and $ 733 million in 2016 . in some jurisdictions , including japan , we are not responsible for collecting excise taxes . in 2017 , approximately $ 0.9 billion of our $ 3.6 billion in rrp net revenues , excluding excise taxes , were from iqos devices and accessories . excise taxes on products increased by $ 1.1 billion , due to : 2022 higher excise taxes resulting from changes in retail prices and tax rates ( $ 4.6 billion ) , partially offset by 2022 favorable currency ( $ 1.9 billion ) and 2022 lower excise taxes resulting from volume/mix ( $ 1.6 billion ) . our cost of sales ; marketing , administration and research costs ; and operating income were as follows : for the years ended december 31 , variance .

1	( in millions )	for the years ended december 31 , 2017	for the years ended december 31 , 2016	for the years ended december 31 , $	% (  % )

2	cost of sales	$ 10432	$ 9391	$ 1041	11.1% ( 11.1 % )

3	marketing administration and research costs	6725	6405	320	5.0% ( 5.0 % )

4	operating income	11503	10815	688	6.4% ( 6.4 % )

 cost of sales increased by $ 1.0 billion , due to : 2022 higher cost of sales resulting from volume/mix ( $ 1.1 billion ) , partly offset by 2022 lower manufacturing costs ( $ 36 million ) and 2022 favorable currency ( $ 30 million ) . marketing , administration and research costs increased by $ 320 million , due to : 2022 higher expenses ( $ 570 million , largely reflecting increased investment behind reduced-risk products , predominately in the european union and asia ) , partly offset by 2022 favorable currency ( $ 250 million ) . operating income increased by $ 688 million , due primarily to : 2022 price increases ( $ 1.4 billion ) , partly offset by 2022 higher marketing , administration and research costs ( $ 570 million ) and 2022 unfavorable currency ( $ 157 million ) . interest expense , net , of $ 914 million increased by $ 23 million , due primarily to unfavorably currency and higher average debt levels , partly offset by higher interest income . our effective tax rate increased by 12.8 percentage points to 40.7% ( 40.7 % ) . the 2017 effective tax rate was unfavorably impacted by $ 1.6 billion due to the tax cuts and jobs act . for further details , see item 8 , note 11 . income taxes to our consolidated financial statements . we are continuing to evaluate the impact that the tax cuts and jobs act will have on our tax liability . based upon our current interpretation of the tax cuts and jobs act , we estimate that our 2018 effective tax rate will be approximately 28% ( 28 % ) , subject to future regulatory developments and earnings mix by taxing jurisdiction . we are regularly examined by tax authorities around the world , and we are currently under examination in a number of jurisdictions . it is reasonably possible that within the next 12 months certain tax examinations will close , which could result in a change in unrecognized tax benefits along with related interest and penalties . an estimate of any possible change cannot be made at this time . net earnings attributable to pmi of $ 6.0 billion decreased by $ 932 million ( 13.4% ( 13.4 % ) ) . this decrease was due primarily to a higher effective tax rate as discussed above , partly offset by higher operating income . diluted and basic eps of $ 3.88 decreased by 13.4% ( 13.4 % ) . excluding .
Conversations:
Question: what was the operating income in 2017?
Answer:

Answer: 11503.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: net revenues include $ 3.8 billion in 2017 and $ 739 million in 2016 related to the sale of rrps , mainly driven by japan . these net revenue amounts include excise taxes billed to customers . excluding excise taxes , net revenues for rrps were $ 3.6 billion in 2017 and $ 733 million in 2016 . in some jurisdictions , including japan , we are not responsible for collecting excise taxes . in 2017 , approximately $ 0.9 billion of our $ 3.6 billion in rrp net revenues , excluding excise taxes , were from iqos devices and accessories . excise taxes on products increased by $ 1.1 billion , due to : 2022 higher excise taxes resulting from changes in retail prices and tax rates ( $ 4.6 billion ) , partially offset by 2022 favorable currency ( $ 1.9 billion ) and 2022 lower excise taxes resulting from volume/mix ( $ 1.6 billion ) . our cost of sales ; marketing , administration and research costs ; and operating income were as follows : for the years ended december 31 , variance .

1	( in millions )	for the years ended december 31 , 2017	for the years ended december 31 , 2016	for the years ended december 31 , $	% (  % )

2	cost of sales	$ 10432	$ 9391	$ 1041	11.1% ( 11.1 % )

3	marketing administration and research costs	6725	6405	320	5.0% ( 5.0 % )

4	operating income	11503	10815	688	6.4% ( 6.4 % )

 cost of sales increased by $ 1.0 billion , due to : 2022 higher cost of sales resulting from volume/mix ( $ 1.1 billion ) , partly offset by 2022 lower manufacturing costs ( $ 36 million ) and 2022 favorable currency ( $ 30 million ) . marketing , administration and research costs increased by $ 320 million , due to : 2022 higher expenses ( $ 570 million , largely reflecting increased investment behind reduced-risk products , predominately in the european union and asia ) , partly offset by 2022 favorable currency ( $ 250 million ) . operating income increased by $ 688 million , due primarily to : 2022 price increases ( $ 1.4 billion ) , partly offset by 2022 higher marketing , administration and research costs ( $ 570 million ) and 2022 unfavorable currency ( $ 157 million ) . interest expense , net , of $ 914 million increased by $ 23 million , due primarily to unfavorably currency and higher average debt levels , partly offset by higher interest income . our effective tax rate increased by 12.8 percentage points to 40.7% ( 40.7 % ) . the 2017 effective tax rate was unfavorably impacted by $ 1.6 billion due to the tax cuts and jobs act . for further details , see item 8 , note 11 . income taxes to our consolidated financial statements . we are continuing to evaluate the impact that the tax cuts and jobs act will have on our tax liability . based upon our current interpretation of the tax cuts and jobs act , we estimate that our 2018 effective tax rate will be approximately 28% ( 28 % ) , subject to future regulatory developments and earnings mix by taxing jurisdiction . we are regularly examined by tax authorities around the world , and we are currently under examination in a number of jurisdictions . it is reasonably possible that within the next 12 months certain tax examinations will close , which could result in a change in unrecognized tax benefits along with related interest and penalties . an estimate of any possible change cannot be made at this time . net earnings attributable to pmi of $ 6.0 billion decreased by $ 932 million ( 13.4% ( 13.4 % ) ) . this decrease was due primarily to a higher effective tax rate as discussed above , partly offset by higher operating income . diluted and basic eps of $ 3.88 decreased by 13.4% ( 13.4 % ) . excluding .
Conversations:
q0: what was the operating income in 2017? {answer0}
Question: and what was it in 2016?
Answer:

Answer: 10815.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: net revenues include $ 3.8 billion in 2017 and $ 739 million in 2016 related to the sale of rrps , mainly driven by japan . these net revenue amounts include excise taxes billed to customers . excluding excise taxes , net revenues for rrps were $ 3.6 billion in 2017 and $ 733 million in 2016 . in some jurisdictions , including japan , we are not responsible for collecting excise taxes . in 2017 , approximately $ 0.9 billion of our $ 3.6 billion in rrp net revenues , excluding excise taxes , were from iqos devices and accessories . excise taxes on products increased by $ 1.1 billion , due to : 2022 higher excise taxes resulting from changes in retail prices and tax rates ( $ 4.6 billion ) , partially offset by 2022 favorable currency ( $ 1.9 billion ) and 2022 lower excise taxes resulting from volume/mix ( $ 1.6 billion ) . our cost of sales ; marketing , administration and research costs ; and operating income were as follows : for the years ended december 31 , variance .

1	( in millions )	for the years ended december 31 , 2017	for the years ended december 31 , 2016	for the years ended december 31 , $	% (  % )

2	cost of sales	$ 10432	$ 9391	$ 1041	11.1% ( 11.1 % )

3	marketing administration and research costs	6725	6405	320	5.0% ( 5.0 % )

4	operating income	11503	10815	688	6.4% ( 6.4 % )

 cost of sales increased by $ 1.0 billion , due to : 2022 higher cost of sales resulting from volume/mix ( $ 1.1 billion ) , partly offset by 2022 lower manufacturing costs ( $ 36 million ) and 2022 favorable currency ( $ 30 million ) . marketing , administration and research costs increased by $ 320 million , due to : 2022 higher expenses ( $ 570 million , largely reflecting increased investment behind reduced-risk products , predominately in the european union and asia ) , partly offset by 2022 favorable currency ( $ 250 million ) . operating income increased by $ 688 million , due primarily to : 2022 price increases ( $ 1.4 billion ) , partly offset by 2022 higher marketing , administration and research costs ( $ 570 million ) and 2022 unfavorable currency ( $ 157 million ) . interest expense , net , of $ 914 million increased by $ 23 million , due primarily to unfavorably currency and higher average debt levels , partly offset by higher interest income . our effective tax rate increased by 12.8 percentage points to 40.7% ( 40.7 % ) . the 2017 effective tax rate was unfavorably impacted by $ 1.6 billion due to the tax cuts and jobs act . for further details , see item 8 , note 11 . income taxes to our consolidated financial statements . we are continuing to evaluate the impact that the tax cuts and jobs act will have on our tax liability . based upon our current interpretation of the tax cuts and jobs act , we estimate that our 2018 effective tax rate will be approximately 28% ( 28 % ) , subject to future regulatory developments and earnings mix by taxing jurisdiction . we are regularly examined by tax authorities around the world , and we are currently under examination in a number of jurisdictions . it is reasonably possible that within the next 12 months certain tax examinations will close , which could result in a change in unrecognized tax benefits along with related interest and penalties . an estimate of any possible change cannot be made at this time . net earnings attributable to pmi of $ 6.0 billion decreased by $ 932 million ( 13.4% ( 13.4 % ) ) . this decrease was due primarily to a higher effective tax rate as discussed above , partly offset by higher operating income . diluted and basic eps of $ 3.88 decreased by 13.4% ( 13.4 % ) . excluding .
Conversations:
q0: what was the operating income in 2017? {answer0}
q1: and what was it in 2016? {answer1}
Question: what was, then, the change over the year?
Answer:

Answer: 688.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: net revenues include $ 3.8 billion in 2017 and $ 739 million in 2016 related to the sale of rrps , mainly driven by japan . these net revenue amounts include excise taxes billed to customers . excluding excise taxes , net revenues for rrps were $ 3.6 billion in 2017 and $ 733 million in 2016 . in some jurisdictions , including japan , we are not responsible for collecting excise taxes . in 2017 , approximately $ 0.9 billion of our $ 3.6 billion in rrp net revenues , excluding excise taxes , were from iqos devices and accessories . excise taxes on products increased by $ 1.1 billion , due to : 2022 higher excise taxes resulting from changes in retail prices and tax rates ( $ 4.6 billion ) , partially offset by 2022 favorable currency ( $ 1.9 billion ) and 2022 lower excise taxes resulting from volume/mix ( $ 1.6 billion ) . our cost of sales ; marketing , administration and research costs ; and operating income were as follows : for the years ended december 31 , variance .

1	( in millions )	for the years ended december 31 , 2017	for the years ended december 31 , 2016	for the years ended december 31 , $	% (  % )

2	cost of sales	$ 10432	$ 9391	$ 1041	11.1% ( 11.1 % )

3	marketing administration and research costs	6725	6405	320	5.0% ( 5.0 % )

4	operating income	11503	10815	688	6.4% ( 6.4 % )

 cost of sales increased by $ 1.0 billion , due to : 2022 higher cost of sales resulting from volume/mix ( $ 1.1 billion ) , partly offset by 2022 lower manufacturing costs ( $ 36 million ) and 2022 favorable currency ( $ 30 million ) . marketing , administration and research costs increased by $ 320 million , due to : 2022 higher expenses ( $ 570 million , largely reflecting increased investment behind reduced-risk products , predominately in the european union and asia ) , partly offset by 2022 favorable currency ( $ 250 million ) . operating income increased by $ 688 million , due primarily to : 2022 price increases ( $ 1.4 billion ) , partly offset by 2022 higher marketing , administration and research costs ( $ 570 million ) and 2022 unfavorable currency ( $ 157 million ) . interest expense , net , of $ 914 million increased by $ 23 million , due primarily to unfavorably currency and higher average debt levels , partly offset by higher interest income . our effective tax rate increased by 12.8 percentage points to 40.7% ( 40.7 % ) . the 2017 effective tax rate was unfavorably impacted by $ 1.6 billion due to the tax cuts and jobs act . for further details , see item 8 , note 11 . income taxes to our consolidated financial statements . we are continuing to evaluate the impact that the tax cuts and jobs act will have on our tax liability . based upon our current interpretation of the tax cuts and jobs act , we estimate that our 2018 effective tax rate will be approximately 28% ( 28 % ) , subject to future regulatory developments and earnings mix by taxing jurisdiction . we are regularly examined by tax authorities around the world , and we are currently under examination in a number of jurisdictions . it is reasonably possible that within the next 12 months certain tax examinations will close , which could result in a change in unrecognized tax benefits along with related interest and penalties . an estimate of any possible change cannot be made at this time . net earnings attributable to pmi of $ 6.0 billion decreased by $ 932 million ( 13.4% ( 13.4 % ) ) . this decrease was due primarily to a higher effective tax rate as discussed above , partly offset by higher operating income . diluted and basic eps of $ 3.88 decreased by 13.4% ( 13.4 % ) . excluding .
Conversations:
q0: what was the operating income in 2017? {answer0}
q1: and what was it in 2016? {answer1}
q2: what was, then, the change over the year? {answer2}
Question: what was the operating income in 2016?
Answer:

Answer: 10815.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: net revenues include $ 3.8 billion in 2017 and $ 739 million in 2016 related to the sale of rrps , mainly driven by japan . these net revenue amounts include excise taxes billed to customers . excluding excise taxes , net revenues for rrps were $ 3.6 billion in 2017 and $ 733 million in 2016 . in some jurisdictions , including japan , we are not responsible for collecting excise taxes . in 2017 , approximately $ 0.9 billion of our $ 3.6 billion in rrp net revenues , excluding excise taxes , were from iqos devices and accessories . excise taxes on products increased by $ 1.1 billion , due to : 2022 higher excise taxes resulting from changes in retail prices and tax rates ( $ 4.6 billion ) , partially offset by 2022 favorable currency ( $ 1.9 billion ) and 2022 lower excise taxes resulting from volume/mix ( $ 1.6 billion ) . our cost of sales ; marketing , administration and research costs ; and operating income were as follows : for the years ended december 31 , variance .

1	( in millions )	for the years ended december 31 , 2017	for the years ended december 31 , 2016	for the years ended december 31 , $	% (  % )

2	cost of sales	$ 10432	$ 9391	$ 1041	11.1% ( 11.1 % )

3	marketing administration and research costs	6725	6405	320	5.0% ( 5.0 % )

4	operating income	11503	10815	688	6.4% ( 6.4 % )

 cost of sales increased by $ 1.0 billion , due to : 2022 higher cost of sales resulting from volume/mix ( $ 1.1 billion ) , partly offset by 2022 lower manufacturing costs ( $ 36 million ) and 2022 favorable currency ( $ 30 million ) . marketing , administration and research costs increased by $ 320 million , due to : 2022 higher expenses ( $ 570 million , largely reflecting increased investment behind reduced-risk products , predominately in the european union and asia ) , partly offset by 2022 favorable currency ( $ 250 million ) . operating income increased by $ 688 million , due primarily to : 2022 price increases ( $ 1.4 billion ) , partly offset by 2022 higher marketing , administration and research costs ( $ 570 million ) and 2022 unfavorable currency ( $ 157 million ) . interest expense , net , of $ 914 million increased by $ 23 million , due primarily to unfavorably currency and higher average debt levels , partly offset by higher interest income . our effective tax rate increased by 12.8 percentage points to 40.7% ( 40.7 % ) . the 2017 effective tax rate was unfavorably impacted by $ 1.6 billion due to the tax cuts and jobs act . for further details , see item 8 , note 11 . income taxes to our consolidated financial statements . we are continuing to evaluate the impact that the tax cuts and jobs act will have on our tax liability . based upon our current interpretation of the tax cuts and jobs act , we estimate that our 2018 effective tax rate will be approximately 28% ( 28 % ) , subject to future regulatory developments and earnings mix by taxing jurisdiction . we are regularly examined by tax authorities around the world , and we are currently under examination in a number of jurisdictions . it is reasonably possible that within the next 12 months certain tax examinations will close , which could result in a change in unrecognized tax benefits along with related interest and penalties . an estimate of any possible change cannot be made at this time . net earnings attributable to pmi of $ 6.0 billion decreased by $ 932 million ( 13.4% ( 13.4 % ) ) . this decrease was due primarily to a higher effective tax rate as discussed above , partly offset by higher operating income . diluted and basic eps of $ 3.88 decreased by 13.4% ( 13.4 % ) . excluding .
Conversations:
q0: what was the operating income in 2017? {answer0}
q1: and what was it in 2016? {answer1}
q2: what was, then, the change over the year? {answer2}
q3: what was the operating income in 2016? {answer3}
Question: and how much does that change represent in relation to this 2016 operating income, in percentage?
Answer:

Answer: 0.06362


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: ( in millions ) 2010 2009 2008 .

1	( in millions )	2010	2009	2008

2	net cash provided by operating activities	$ 3547	$ 3173	$ 4421

3	net cash used for investing activities	-319 ( 319 )	-1518 ( 1518 )	-907 ( 907 )

4	net cash used for financing activities	-3363 ( 3363 )	-1476 ( 1476 )	-3938 ( 3938 )

 operating activities net cash provided by operating activities increased by $ 374 million to $ 3547 million in 2010 as compared to 2009 . the increase primarily was attributable to an improvement in our operating working capital balances of $ 570 million as discussed below , and $ 187 million related to lower net income tax payments , as compared to 2009 . partially offsetting these improvements was a net reduction in cash from operations of $ 350 million related to our defined benefit pension plan . this reduction was the result of increased contributions to the pension trust of $ 758 million as compared to 2009 , partially offset by an increase in the cas costs recovered on our contracts . operating working capital accounts consists of receivables , inventories , accounts payable , and customer advances and amounts in excess of costs incurred . the improvement in cash provided by operating working capital was due to a decline in 2010 accounts receivable balances compared to 2009 , and an increase in 2010 customer advances and amounts in excess of costs incurred balances compared to 2009 . these improvements partially were offset by a decline in accounts payable balances in 2010 compared to 2009 . the decline in accounts receivable primarily was due to higher collections on various programs at electronic systems , is&gs , and space systems business areas . the increase in customer advances and amounts in excess of costs incurred primarily was attributable to an increase on government and commercial satellite programs at space systems and air mobility programs at aeronautics , partially offset by a decrease on various programs at electronic systems . the decrease in accounts payable was attributable to the timing of accounts payable activities across all segments . net cash provided by operating activities decreased by $ 1248 million to $ 3173 million in 2009 as compared to 2008 . the decline primarily was attributable to an increase in our contributions to the defined benefit pension plan of $ 1373 million as compared to 2008 and an increase in our operating working capital accounts of $ 147 million . partially offsetting these items was the impact of lower net income tax payments in 2009 as compared to 2008 in the amount of $ 319 million . the decline in cash provided by operating working capital primarily was due to growth of receivables on various programs in the ms2 and gt&l lines of business at electronic systems and an increase in inventories on combat aircraft programs at aeronautics , which partially were offset by increases in customer advances and amounts in excess of costs incurred on government satellite programs at space systems and the timing of accounts payable activities . investing activities capital expenditures 2013 the majority of our capital expenditures relate to facilities infrastructure and equipment that are incurred to support new and existing programs across all of our business segments . we also incur capital expenditures for it to support programs and general enterprise it infrastructure . capital expenditures for property , plant and equipment amounted to $ 820 million in 2010 , $ 852 million in 2009 , and $ 926 million in 2008 . we expect that our operating cash flows will continue to be sufficient to fund our annual capital expenditures over the next few years . acquisitions , divestitures and other activities 2013 acquisition activities include both the acquisition of businesses and investments in affiliates . amounts paid in 2010 of $ 148 million primarily related to investments in affiliates . we paid $ 435 million in 2009 for acquisition activities , compared with $ 233 million in 2008 . in 2010 , we received proceeds of $ 798 million from the sale of eig , net of $ 17 million in transaction costs ( see note 2 ) . there were no material divestiture activities in 2009 and 2008 . during 2010 , we increased our short-term investments by $ 171 million compared to an increase of $ 279 million in 2009 . financing activities share activity and dividends 2013 during 2010 , 2009 , and 2008 , we repurchased 33.0 million , 24.9 million , and 29.0 million shares of our common stock for $ 2483 million , $ 1851 million , and $ 2931 million . of the shares we repurchased in 2010 , 0.9 million shares for $ 63 million were repurchased in december but settled and were paid for in january 2011 . in october 2010 , our board of directors approved a new share repurchase program for the repurchase of our common stock from time-to-time , up to an authorized amount of $ 3.0 billion ( see note 12 ) . under the program , we have discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . we repurchased a total of 11.2 million shares under the program for $ 776 million , and as of december 31 , 2010 , there remained $ 2224 million available for additional share repurchases . in connection with their approval of the new share repurchase program , our board terminated our previous share repurchase program . cash received from the issuance of our common stock in connection with stock option exercises during 2010 , 2009 , and 2008 totaled $ 59 million , $ 40 million , and $ 250 million . those activities resulted in the issuance of 1.4 million shares , 1.0 million shares , and 4.7 million shares during the respective periods. .
Conversations:
Question: what is the net cash from operating and investing activities?
Answer:

Answer: 3228.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: ( in millions ) 2010 2009 2008 .

1	( in millions )	2010	2009	2008

2	net cash provided by operating activities	$ 3547	$ 3173	$ 4421

3	net cash used for investing activities	-319 ( 319 )	-1518 ( 1518 )	-907 ( 907 )

4	net cash used for financing activities	-3363 ( 3363 )	-1476 ( 1476 )	-3938 ( 3938 )

 operating activities net cash provided by operating activities increased by $ 374 million to $ 3547 million in 2010 as compared to 2009 . the increase primarily was attributable to an improvement in our operating working capital balances of $ 570 million as discussed below , and $ 187 million related to lower net income tax payments , as compared to 2009 . partially offsetting these improvements was a net reduction in cash from operations of $ 350 million related to our defined benefit pension plan . this reduction was the result of increased contributions to the pension trust of $ 758 million as compared to 2009 , partially offset by an increase in the cas costs recovered on our contracts . operating working capital accounts consists of receivables , inventories , accounts payable , and customer advances and amounts in excess of costs incurred . the improvement in cash provided by operating working capital was due to a decline in 2010 accounts receivable balances compared to 2009 , and an increase in 2010 customer advances and amounts in excess of costs incurred balances compared to 2009 . these improvements partially were offset by a decline in accounts payable balances in 2010 compared to 2009 . the decline in accounts receivable primarily was due to higher collections on various programs at electronic systems , is&gs , and space systems business areas . the increase in customer advances and amounts in excess of costs incurred primarily was attributable to an increase on government and commercial satellite programs at space systems and air mobility programs at aeronautics , partially offset by a decrease on various programs at electronic systems . the decrease in accounts payable was attributable to the timing of accounts payable activities across all segments . net cash provided by operating activities decreased by $ 1248 million to $ 3173 million in 2009 as compared to 2008 . the decline primarily was attributable to an increase in our contributions to the defined benefit pension plan of $ 1373 million as compared to 2008 and an increase in our operating working capital accounts of $ 147 million . partially offsetting these items was the impact of lower net income tax payments in 2009 as compared to 2008 in the amount of $ 319 million . the decline in cash provided by operating working capital primarily was due to growth of receivables on various programs in the ms2 and gt&l lines of business at electronic systems and an increase in inventories on combat aircraft programs at aeronautics , which partially were offset by increases in customer advances and amounts in excess of costs incurred on government satellite programs at space systems and the timing of accounts payable activities . investing activities capital expenditures 2013 the majority of our capital expenditures relate to facilities infrastructure and equipment that are incurred to support new and existing programs across all of our business segments . we also incur capital expenditures for it to support programs and general enterprise it infrastructure . capital expenditures for property , plant and equipment amounted to $ 820 million in 2010 , $ 852 million in 2009 , and $ 926 million in 2008 . we expect that our operating cash flows will continue to be sufficient to fund our annual capital expenditures over the next few years . acquisitions , divestitures and other activities 2013 acquisition activities include both the acquisition of businesses and investments in affiliates . amounts paid in 2010 of $ 148 million primarily related to investments in affiliates . we paid $ 435 million in 2009 for acquisition activities , compared with $ 233 million in 2008 . in 2010 , we received proceeds of $ 798 million from the sale of eig , net of $ 17 million in transaction costs ( see note 2 ) . there were no material divestiture activities in 2009 and 2008 . during 2010 , we increased our short-term investments by $ 171 million compared to an increase of $ 279 million in 2009 . financing activities share activity and dividends 2013 during 2010 , 2009 , and 2008 , we repurchased 33.0 million , 24.9 million , and 29.0 million shares of our common stock for $ 2483 million , $ 1851 million , and $ 2931 million . of the shares we repurchased in 2010 , 0.9 million shares for $ 63 million were repurchased in december but settled and were paid for in january 2011 . in october 2010 , our board of directors approved a new share repurchase program for the repurchase of our common stock from time-to-time , up to an authorized amount of $ 3.0 billion ( see note 12 ) . under the program , we have discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . we repurchased a total of 11.2 million shares under the program for $ 776 million , and as of december 31 , 2010 , there remained $ 2224 million available for additional share repurchases . in connection with their approval of the new share repurchase program , our board terminated our previous share repurchase program . cash received from the issuance of our common stock in connection with stock option exercises during 2010 , 2009 , and 2008 totaled $ 59 million , $ 40 million , and $ 250 million . those activities resulted in the issuance of 1.4 million shares , 1.0 million shares , and 4.7 million shares during the respective periods. .
Conversations:
q0: what is the net cash from operating and investing activities? {answer0}
Question: what is the net cash from financing activities?
Answer:

Answer: -3363.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: ( in millions ) 2010 2009 2008 .

1	( in millions )	2010	2009	2008

2	net cash provided by operating activities	$ 3547	$ 3173	$ 4421

3	net cash used for investing activities	-319 ( 319 )	-1518 ( 1518 )	-907 ( 907 )

4	net cash used for financing activities	-3363 ( 3363 )	-1476 ( 1476 )	-3938 ( 3938 )

 operating activities net cash provided by operating activities increased by $ 374 million to $ 3547 million in 2010 as compared to 2009 . the increase primarily was attributable to an improvement in our operating working capital balances of $ 570 million as discussed below , and $ 187 million related to lower net income tax payments , as compared to 2009 . partially offsetting these improvements was a net reduction in cash from operations of $ 350 million related to our defined benefit pension plan . this reduction was the result of increased contributions to the pension trust of $ 758 million as compared to 2009 , partially offset by an increase in the cas costs recovered on our contracts . operating working capital accounts consists of receivables , inventories , accounts payable , and customer advances and amounts in excess of costs incurred . the improvement in cash provided by operating working capital was due to a decline in 2010 accounts receivable balances compared to 2009 , and an increase in 2010 customer advances and amounts in excess of costs incurred balances compared to 2009 . these improvements partially were offset by a decline in accounts payable balances in 2010 compared to 2009 . the decline in accounts receivable primarily was due to higher collections on various programs at electronic systems , is&gs , and space systems business areas . the increase in customer advances and amounts in excess of costs incurred primarily was attributable to an increase on government and commercial satellite programs at space systems and air mobility programs at aeronautics , partially offset by a decrease on various programs at electronic systems . the decrease in accounts payable was attributable to the timing of accounts payable activities across all segments . net cash provided by operating activities decreased by $ 1248 million to $ 3173 million in 2009 as compared to 2008 . the decline primarily was attributable to an increase in our contributions to the defined benefit pension plan of $ 1373 million as compared to 2008 and an increase in our operating working capital accounts of $ 147 million . partially offsetting these items was the impact of lower net income tax payments in 2009 as compared to 2008 in the amount of $ 319 million . the decline in cash provided by operating working capital primarily was due to growth of receivables on various programs in the ms2 and gt&l lines of business at electronic systems and an increase in inventories on combat aircraft programs at aeronautics , which partially were offset by increases in customer advances and amounts in excess of costs incurred on government satellite programs at space systems and the timing of accounts payable activities . investing activities capital expenditures 2013 the majority of our capital expenditures relate to facilities infrastructure and equipment that are incurred to support new and existing programs across all of our business segments . we also incur capital expenditures for it to support programs and general enterprise it infrastructure . capital expenditures for property , plant and equipment amounted to $ 820 million in 2010 , $ 852 million in 2009 , and $ 926 million in 2008 . we expect that our operating cash flows will continue to be sufficient to fund our annual capital expenditures over the next few years . acquisitions , divestitures and other activities 2013 acquisition activities include both the acquisition of businesses and investments in affiliates . amounts paid in 2010 of $ 148 million primarily related to investments in affiliates . we paid $ 435 million in 2009 for acquisition activities , compared with $ 233 million in 2008 . in 2010 , we received proceeds of $ 798 million from the sale of eig , net of $ 17 million in transaction costs ( see note 2 ) . there were no material divestiture activities in 2009 and 2008 . during 2010 , we increased our short-term investments by $ 171 million compared to an increase of $ 279 million in 2009 . financing activities share activity and dividends 2013 during 2010 , 2009 , and 2008 , we repurchased 33.0 million , 24.9 million , and 29.0 million shares of our common stock for $ 2483 million , $ 1851 million , and $ 2931 million . of the shares we repurchased in 2010 , 0.9 million shares for $ 63 million were repurchased in december but settled and were paid for in january 2011 . in october 2010 , our board of directors approved a new share repurchase program for the repurchase of our common stock from time-to-time , up to an authorized amount of $ 3.0 billion ( see note 12 ) . under the program , we have discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . we repurchased a total of 11.2 million shares under the program for $ 776 million , and as of december 31 , 2010 , there remained $ 2224 million available for additional share repurchases . in connection with their approval of the new share repurchase program , our board terminated our previous share repurchase program . cash received from the issuance of our common stock in connection with stock option exercises during 2010 , 2009 , and 2008 totaled $ 59 million , $ 40 million , and $ 250 million . those activities resulted in the issuance of 1.4 million shares , 1.0 million shares , and 4.7 million shares during the respective periods. .
Conversations:
q0: what is the net cash from operating and investing activities? {answer0}
q1: what is the net cash from financing activities? {answer1}
Question: what is the total net cash flow?
Answer:

Answer: -135.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: alexion pharmaceuticals , inc . notes to consolidated financial statements 2014 ( continued ) for the years ended december 31 , 2007 and 2006 , five month period ended december 31 , 2005 , and year ended july 31 , 2005 ( amounts in thousands , except share and per share amounts ) aggregate future minimum annual rental payments for the next five years and thereafter under non-cancellable operating leases ( including facilities and equipment ) as of december 31 , 2007 are: .

1	2008	$ 4935

2	2009	3144

3	2010	3160

4	2011	3200

5	2012	2768

6	thereafter	9934

 9 . commitments and contingencies legal proceedings on march 16 , 2007 , pdl biopharma , inc. , or pdl , filed a civil action against alexion in the u.s . district court for the district of delaware . pdl claims willful infringement by alexion of pdl patents due to sales of soliris . pdl seeks unspecified damages , but no less than a reasonable royalty , plus attorney 2019s fees . alexion has denied pdl's claims . in addition , we filed counterclaims seeking declarations of non-infringement and invalidity of certain u.s . patents held by pdl . alexion believes it has good and valid defenses to pdl's claims and intends to vigorously defend the case and pursue its counterclaims . on february 4 , 2008 , sb2 , inc . filed a civil action against alexion in the united states district court for the northern district of california . sb2 , inc . claims willfull infringement by alexion of sb2 , inc . patents due to sales of soliris . sb2 , inc . seeks unspecified monetary damages , equitable relief and attorneys fees . alexion believes it has good and valid defenses to sb2's claims and intends to vigorously defend the case and pursue its counterclaims . the results of such civil actions cannot be predicted with certainty due to their early stages . however , depending on the outcome of these legal matters , the operating results of the company could be materially impacted through adjustments to cost of sales ( see notes 2 , 6 and 15 for additional information related to royalties ) . product supply the large-scale product supply agreement dated december 18 , 2002 , or the lonza agreement , between lonza sales ag , or lonza , and us , relating to the manufacture of soliris , was amended in june 2007 . we amended our supply agreement to provide for additional purchase commitments of soliris of $ 30000 to $ 35000 through 2013 . such commitments may only be cancelled in limited circumstances. .
Conversations:
Question: what was the minimum annual rental payment in 2011?
Answer:

Answer: 3200.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: alexion pharmaceuticals , inc . notes to consolidated financial statements 2014 ( continued ) for the years ended december 31 , 2007 and 2006 , five month period ended december 31 , 2005 , and year ended july 31 , 2005 ( amounts in thousands , except share and per share amounts ) aggregate future minimum annual rental payments for the next five years and thereafter under non-cancellable operating leases ( including facilities and equipment ) as of december 31 , 2007 are: .

1	2008	$ 4935

2	2009	3144

3	2010	3160

4	2011	3200

5	2012	2768

6	thereafter	9934

 9 . commitments and contingencies legal proceedings on march 16 , 2007 , pdl biopharma , inc. , or pdl , filed a civil action against alexion in the u.s . district court for the district of delaware . pdl claims willful infringement by alexion of pdl patents due to sales of soliris . pdl seeks unspecified damages , but no less than a reasonable royalty , plus attorney 2019s fees . alexion has denied pdl's claims . in addition , we filed counterclaims seeking declarations of non-infringement and invalidity of certain u.s . patents held by pdl . alexion believes it has good and valid defenses to pdl's claims and intends to vigorously defend the case and pursue its counterclaims . on february 4 , 2008 , sb2 , inc . filed a civil action against alexion in the united states district court for the northern district of california . sb2 , inc . claims willfull infringement by alexion of sb2 , inc . patents due to sales of soliris . sb2 , inc . seeks unspecified monetary damages , equitable relief and attorneys fees . alexion believes it has good and valid defenses to sb2's claims and intends to vigorously defend the case and pursue its counterclaims . the results of such civil actions cannot be predicted with certainty due to their early stages . however , depending on the outcome of these legal matters , the operating results of the company could be materially impacted through adjustments to cost of sales ( see notes 2 , 6 and 15 for additional information related to royalties ) . product supply the large-scale product supply agreement dated december 18 , 2002 , or the lonza agreement , between lonza sales ag , or lonza , and us , relating to the manufacture of soliris , was amended in june 2007 . we amended our supply agreement to provide for additional purchase commitments of soliris of $ 30000 to $ 35000 through 2013 . such commitments may only be cancelled in limited circumstances. .
Conversations:
q0: what was the minimum annual rental payment in 2011? {answer0}
Question: what was it in 2010?
Answer:

Answer: 3160.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: alexion pharmaceuticals , inc . notes to consolidated financial statements 2014 ( continued ) for the years ended december 31 , 2007 and 2006 , five month period ended december 31 , 2005 , and year ended july 31 , 2005 ( amounts in thousands , except share and per share amounts ) aggregate future minimum annual rental payments for the next five years and thereafter under non-cancellable operating leases ( including facilities and equipment ) as of december 31 , 2007 are: .

1	2008	$ 4935

2	2009	3144

3	2010	3160

4	2011	3200

5	2012	2768

6	thereafter	9934

 9 . commitments and contingencies legal proceedings on march 16 , 2007 , pdl biopharma , inc. , or pdl , filed a civil action against alexion in the u.s . district court for the district of delaware . pdl claims willful infringement by alexion of pdl patents due to sales of soliris . pdl seeks unspecified damages , but no less than a reasonable royalty , plus attorney 2019s fees . alexion has denied pdl's claims . in addition , we filed counterclaims seeking declarations of non-infringement and invalidity of certain u.s . patents held by pdl . alexion believes it has good and valid defenses to pdl's claims and intends to vigorously defend the case and pursue its counterclaims . on february 4 , 2008 , sb2 , inc . filed a civil action against alexion in the united states district court for the northern district of california . sb2 , inc . claims willfull infringement by alexion of sb2 , inc . patents due to sales of soliris . sb2 , inc . seeks unspecified monetary damages , equitable relief and attorneys fees . alexion believes it has good and valid defenses to sb2's claims and intends to vigorously defend the case and pursue its counterclaims . the results of such civil actions cannot be predicted with certainty due to their early stages . however , depending on the outcome of these legal matters , the operating results of the company could be materially impacted through adjustments to cost of sales ( see notes 2 , 6 and 15 for additional information related to royalties ) . product supply the large-scale product supply agreement dated december 18 , 2002 , or the lonza agreement , between lonza sales ag , or lonza , and us , relating to the manufacture of soliris , was amended in june 2007 . we amended our supply agreement to provide for additional purchase commitments of soliris of $ 30000 to $ 35000 through 2013 . such commitments may only be cancelled in limited circumstances. .
Conversations:
q0: what was the minimum annual rental payment in 2011? {answer0}
q1: what was it in 2010? {answer1}
Question: what is the difference?
Answer:

Answer: 40.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: alexion pharmaceuticals , inc . notes to consolidated financial statements 2014 ( continued ) for the years ended december 31 , 2007 and 2006 , five month period ended december 31 , 2005 , and year ended july 31 , 2005 ( amounts in thousands , except share and per share amounts ) aggregate future minimum annual rental payments for the next five years and thereafter under non-cancellable operating leases ( including facilities and equipment ) as of december 31 , 2007 are: .

1	2008	$ 4935

2	2009	3144

3	2010	3160

4	2011	3200

5	2012	2768

6	thereafter	9934

 9 . commitments and contingencies legal proceedings on march 16 , 2007 , pdl biopharma , inc. , or pdl , filed a civil action against alexion in the u.s . district court for the district of delaware . pdl claims willful infringement by alexion of pdl patents due to sales of soliris . pdl seeks unspecified damages , but no less than a reasonable royalty , plus attorney 2019s fees . alexion has denied pdl's claims . in addition , we filed counterclaims seeking declarations of non-infringement and invalidity of certain u.s . patents held by pdl . alexion believes it has good and valid defenses to pdl's claims and intends to vigorously defend the case and pursue its counterclaims . on february 4 , 2008 , sb2 , inc . filed a civil action against alexion in the united states district court for the northern district of california . sb2 , inc . claims willfull infringement by alexion of sb2 , inc . patents due to sales of soliris . sb2 , inc . seeks unspecified monetary damages , equitable relief and attorneys fees . alexion believes it has good and valid defenses to sb2's claims and intends to vigorously defend the case and pursue its counterclaims . the results of such civil actions cannot be predicted with certainty due to their early stages . however , depending on the outcome of these legal matters , the operating results of the company could be materially impacted through adjustments to cost of sales ( see notes 2 , 6 and 15 for additional information related to royalties ) . product supply the large-scale product supply agreement dated december 18 , 2002 , or the lonza agreement , between lonza sales ag , or lonza , and us , relating to the manufacture of soliris , was amended in june 2007 . we amended our supply agreement to provide for additional purchase commitments of soliris of $ 30000 to $ 35000 through 2013 . such commitments may only be cancelled in limited circumstances. .
Conversations:
q0: what was the minimum annual rental payment in 2011? {answer0}
q1: what was it in 2010? {answer1}
q2: what is the difference? {answer2}
Question: what is the percent change?
Answer:

Answer: 0.01266


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) .

1	year	amortization amount ( in millions )

2	2015	$ 45

3	2016	$ 45

4	2017	$ 45

5	2018	$ 45

6	2019	$ 44

 .
Conversations:
Question: what is 45 times 4?
Answer:

Answer: 180.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) .

1	year	amortization amount ( in millions )

2	2015	$ 45

3	2016	$ 45

4	2017	$ 45

5	2018	$ 45

6	2019	$ 44

 .
Conversations:
q0: what is 45 times 4? {answer0}
Question: what is that plus the amortization cost in 2019?
Answer:

Answer: 224.0


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) .

1	year	amortization amount ( in millions )

2	2015	$ 45

3	2016	$ 45

4	2017	$ 45

5	2018	$ 45

6	2019	$ 44

 .
Conversations:
q0: what is 45 times 4? {answer0}
q1: what is that plus the amortization cost in 2019? {answer1}
Question: what is the total cost divided by 5?
Answer:

Answer: 44.8


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor ( "s&p" ) 500 index and the dow jones us financials index during the period from december 31 , 2009 through december 31 , 2014. .

1		12/09	12/10	12/11	12/12	12/13	12/14

2	e*trade financial corporation	100.00	90.91	45.23	50.85	111.59	137.81

3	s&p 500 index	100.00	115.06	117.49	136.30	180.44	205.14

4	dow jones us financials index	100.00	112.72	98.24	124.62	167.26	191.67

 table of contents .
Conversations:
Question: what was the value of e*trade financial on 12/14?
Answer:

Answer: 137.81


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor ( "s&p" ) 500 index and the dow jones us financials index during the period from december 31 , 2009 through december 31 , 2014. .

1		12/09	12/10	12/11	12/12	12/13	12/14

2	e*trade financial corporation	100.00	90.91	45.23	50.85	111.59	137.81

3	s&p 500 index	100.00	115.06	117.49	136.30	180.44	205.14

4	dow jones us financials index	100.00	112.72	98.24	124.62	167.26	191.67

 table of contents .
Conversations:
q0: what was the value of e*trade financial on 12/14? {answer0}
Question: what is that less an initial $100 investment?
Answer:

Answer: 37.81


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor ( "s&p" ) 500 index and the dow jones us financials index during the period from december 31 , 2009 through december 31 , 2014. .

1		12/09	12/10	12/11	12/12	12/13	12/14

2	e*trade financial corporation	100.00	90.91	45.23	50.85	111.59	137.81

3	s&p 500 index	100.00	115.06	117.49	136.30	180.44	205.14

4	dow jones us financials index	100.00	112.72	98.24	124.62	167.26	191.67

 table of contents .
Conversations:
q0: what was the value of e*trade financial on 12/14? {answer0}
q1: what is that less an initial $100 investment? {answer1}
Question: what is the percent change?
Answer:

Answer: 0.3781


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: the company had net realized capital losses for 2015 of $ 184.1 million . in 2015 , the company recorded $ 102.2 million of other-than-temporary impairments on fixed maturity securities , $ 45.6 million of losses due to fair value re-measurements and $ 36.3 million of net realized capital losses from sales of fixed maturity and equity securities . in 2014 , net realized capital gains were $ 84.0 million due to $ 121.7 million of gains from fair value re-measurements on fixed maturity and equity securities and $ 1.9 million of net realized capital gains from sales of fixed maturity and equity securities , partially offset by $ 39.5 million of other-than- temporary impairments on fixed maturity securities . in 2013 , net realized capital gains were $ 300.2 million due to $ 258.9 million of gains due to fair value re-measurements on fixed maturity and equity securities and $ 42.4 million of net realized capital gains from sales of fixed maturity and equity securities , partially offset by $ 1.1 million of other-than-temporary impairments on fixed maturity securities . the company 2019s cash and invested assets totaled $ 17.7 billion at december 31 , 2015 , which consisted of 87.4% ( 87.4 % ) fixed maturities and cash , of which 91.4% ( 91.4 % ) were investment grade ; 8.2% ( 8.2 % ) equity securities and 4.4% ( 4.4 % ) other invested assets . the average maturity of fixed maturity securities was 4.1 years at december 31 , 2015 , and their overall duration was 3.0 years . as of december 31 , 2015 , the company did not have any direct investments in commercial real estate or direct commercial mortgages or any material holdings of derivative investments ( other than equity index put option contracts as discussed in item 8 , 201cfinancial statements and supplementary data 201d - note 4 of notes to consolidated financial statements ) or securities of issuers that are experiencing cash flow difficulty to an extent that the company 2019s management believes could threaten the issuer 2019s ability to meet debt service payments , except where other-than-temporary impairments have been recognized . the company 2019s investment portfolio includes structured commercial mortgage-backed securities ( 201ccmbs 201d ) with a book value of $ 264.9 million and a market value of $ 266.3 million . cmbs securities comprising more than 70% ( 70 % ) of the december 31 , 2015 market value are rated aaa by standard & poor 2019s financial services llc ( 201cstandard & poor 2019s 201d ) . furthermore , securities comprising more than 90% ( 90 % ) of the market value are rated investment grade by standard & poor 2019s . the following table reflects investment results for the company for the periods indicated: .

1	( dollars in millions )	december 31 , average investments ( 1 )	december 31 , pre-tax investment income ( 2 )	december 31 , pre-tax effective yield	december 31 , pre-tax realized net capital ( losses ) gains ( 3 )	december 31 , pre-tax unrealized net capital gains ( losses )

2	2015	$ 17430.8	$ 473.8	2.72% ( 2.72 % )	$ -184.1 ( 184.1 )	$ -194.0 ( 194.0 )

3	2014	16831.9	530.6	3.15% ( 3.15 % )	84.0	20.3

4	2013	16472.5	548.5	3.33% ( 3.33 % )	300.2	-467.2 ( 467.2 )

5	2012	16220.9	600.2	3.70% ( 3.70 % )	164.4	161.0

6	2011	15680.9	620.0	3.95% ( 3.95 % )	6.9	106.6

 pre-tax pre-tax pre-tax pre-tax realized net unrealized net average investment effective capital ( losses ) capital gains ( dollars in millions ) investments ( 1 ) income ( 2 ) yield gains ( 3 ) ( losses ) 17430.8$ 473.8$ 2.72% ( 2.72 % ) ( 184.1 ) $ ( 194.0 ) $ 16831.9 530.6 3.15% ( 3.15 % ) 84.0 20.3 16472.5 548.5 3.33% ( 3.33 % ) 300.2 ( 467.2 ) 16220.9 600.2 3.70% ( 3.70 % ) 164.4 161.0 15680.9 620.0 3.95% ( 3.95 % ) 6.9 106.6 ( 1 ) average of the beginning and ending carrying values of investments and cash , less net funds held , future policy benefit reserve , and non-interest bearing cash . bonds , common stock and redeemable and non-redeemable preferred stocks are carried at market value . common stock which are actively managed are carried at fair value . ( 2 ) after investment expenses , excluding realized net capital gains ( losses ) . ( 3 ) included in 2015 , 2014 , 2013 , 2012 and 2011 are fair value re-measurements of ( $ 45.6 ) million , $ 121.7 million , $ 258.9 million , $ 118.1 million and ( $ 4.4 ) million , respectively. .
Conversations:
Question: what was the change in the average of investments from 2014 to 2015?
Answer:

Answer: 598.9


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: the company had net realized capital losses for 2015 of $ 184.1 million . in 2015 , the company recorded $ 102.2 million of other-than-temporary impairments on fixed maturity securities , $ 45.6 million of losses due to fair value re-measurements and $ 36.3 million of net realized capital losses from sales of fixed maturity and equity securities . in 2014 , net realized capital gains were $ 84.0 million due to $ 121.7 million of gains from fair value re-measurements on fixed maturity and equity securities and $ 1.9 million of net realized capital gains from sales of fixed maturity and equity securities , partially offset by $ 39.5 million of other-than- temporary impairments on fixed maturity securities . in 2013 , net realized capital gains were $ 300.2 million due to $ 258.9 million of gains due to fair value re-measurements on fixed maturity and equity securities and $ 42.4 million of net realized capital gains from sales of fixed maturity and equity securities , partially offset by $ 1.1 million of other-than-temporary impairments on fixed maturity securities . the company 2019s cash and invested assets totaled $ 17.7 billion at december 31 , 2015 , which consisted of 87.4% ( 87.4 % ) fixed maturities and cash , of which 91.4% ( 91.4 % ) were investment grade ; 8.2% ( 8.2 % ) equity securities and 4.4% ( 4.4 % ) other invested assets . the average maturity of fixed maturity securities was 4.1 years at december 31 , 2015 , and their overall duration was 3.0 years . as of december 31 , 2015 , the company did not have any direct investments in commercial real estate or direct commercial mortgages or any material holdings of derivative investments ( other than equity index put option contracts as discussed in item 8 , 201cfinancial statements and supplementary data 201d - note 4 of notes to consolidated financial statements ) or securities of issuers that are experiencing cash flow difficulty to an extent that the company 2019s management believes could threaten the issuer 2019s ability to meet debt service payments , except where other-than-temporary impairments have been recognized . the company 2019s investment portfolio includes structured commercial mortgage-backed securities ( 201ccmbs 201d ) with a book value of $ 264.9 million and a market value of $ 266.3 million . cmbs securities comprising more than 70% ( 70 % ) of the december 31 , 2015 market value are rated aaa by standard & poor 2019s financial services llc ( 201cstandard & poor 2019s 201d ) . furthermore , securities comprising more than 90% ( 90 % ) of the market value are rated investment grade by standard & poor 2019s . the following table reflects investment results for the company for the periods indicated: .

1	( dollars in millions )	december 31 , average investments ( 1 )	december 31 , pre-tax investment income ( 2 )	december 31 , pre-tax effective yield	december 31 , pre-tax realized net capital ( losses ) gains ( 3 )	december 31 , pre-tax unrealized net capital gains ( losses )

2	2015	$ 17430.8	$ 473.8	2.72% ( 2.72 % )	$ -184.1 ( 184.1 )	$ -194.0 ( 194.0 )

3	2014	16831.9	530.6	3.15% ( 3.15 % )	84.0	20.3

4	2013	16472.5	548.5	3.33% ( 3.33 % )	300.2	-467.2 ( 467.2 )

5	2012	16220.9	600.2	3.70% ( 3.70 % )	164.4	161.0

6	2011	15680.9	620.0	3.95% ( 3.95 % )	6.9	106.6

 pre-tax pre-tax pre-tax pre-tax realized net unrealized net average investment effective capital ( losses ) capital gains ( dollars in millions ) investments ( 1 ) income ( 2 ) yield gains ( 3 ) ( losses ) 17430.8$ 473.8$ 2.72% ( 2.72 % ) ( 184.1 ) $ ( 194.0 ) $ 16831.9 530.6 3.15% ( 3.15 % ) 84.0 20.3 16472.5 548.5 3.33% ( 3.33 % ) 300.2 ( 467.2 ) 16220.9 600.2 3.70% ( 3.70 % ) 164.4 161.0 15680.9 620.0 3.95% ( 3.95 % ) 6.9 106.6 ( 1 ) average of the beginning and ending carrying values of investments and cash , less net funds held , future policy benefit reserve , and non-interest bearing cash . bonds , common stock and redeemable and non-redeemable preferred stocks are carried at market value . common stock which are actively managed are carried at fair value . ( 2 ) after investment expenses , excluding realized net capital gains ( losses ) . ( 3 ) included in 2015 , 2014 , 2013 , 2012 and 2011 are fair value re-measurements of ( $ 45.6 ) million , $ 121.7 million , $ 258.9 million , $ 118.1 million and ( $ 4.4 ) million , respectively. .
Conversations:
q0: what was the change in the average of investments from 2014 to 2015? {answer0}
Question: and how much does this change represent in relation to that average in 2014, in percentage?
Answer:

Answer: 0.03558


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our common stock on the new york stock exchange ( 201cnyse 201d ) for the years 2010 and 2009. .

1	2010	high	low

2	quarter ended march 31	$ 44.61	$ 40.10

3	quarter ended june 30	45.33	38.86

4	quarter ended september 30	52.11	43.70

5	quarter ended december 31	53.14	49.61

6	2009	high	low

7	quarter ended march 31	$ 32.53	$ 25.45

8	quarter ended june 30	34.52	27.93

9	quarter ended september 30	37.71	29.89

10	quarter ended december 31	43.84	35.03

 on february 11 , 2011 , the closing price of our common stock was $ 56.73 per share as reported on the nyse . as of february 11 , 2011 , we had 397612895 outstanding shares of common stock and 463 registered holders . dividends we have not historically paid a dividend on our common stock . payment of dividends in the future , when , as and if authorized by our board of directors , would depend upon many factors , including our earnings and financial condition , restrictions under applicable law and our current and future loan agreements , our debt service requirements , our capital expenditure requirements and other factors that our board of directors may deem relevant from time to time , including the potential determination to elect reit status . in addition , the loan agreement for our revolving credit facility and term loan contain covenants that generally restrict our ability to pay dividends unless certain financial covenants are satisfied . for more information about the restrictions under the loan agreement for the revolving credit facility and term loan , our notes indentures and the loan agreement related to our securitization , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 6 to our consolidated financial statements included in this annual report. .
Conversations:
Question: what was the closing price of common stock as of 2/11/11?
Answer:

Answer: 56.73


Question:
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our common stock on the new york stock exchange ( 201cnyse 201d ) for the years 2010 and 2009. .

1	2010	high	low

2	quarter ended march 31	$ 44.61	$ 40.10

3	quarter ended june 30	45.33	38.86

4	quarter ended september 30	52.11	43.70

5	quarter ended december 31	53.14	49.61

6	2009	high	low

7	quarter ended march 31	$ 32.53	$ 25.45

8	quarter ended june 30	34.52	27.93

9	quarter ended september 30	37.71	29.89

10	quarter ended december 31	43.84	35.03

 on february 11 , 2011 , the closing price of our common stock was $ 56.73 per share as reported on the nyse . as of february 11 , 2011 , we had 397612895 outstanding shares of common stock and 463 registered holders . dividends we have not historically paid a dividend on our common stock . payment of dividends in the future , when , as and if authorized by our board of directors , would depend upon many factors , including our earnings and financial condition , restrictions under applicable law and our current and future loan agreements , our debt service requirements , our capital expenditure requirements and other factors that our board of directors may deem relevant from time to time , including the potential determination to elect reit status . in addition , the loan agreement for our revolving credit facility and term loan contain covenants that generally restrict our ability to pay dividends unless certain financial covenants are satisfied . for more information about the restrictions under the loan agreement for the revolving credit facility and term loan , our notes indentures and the loan agreement related to our securitization , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 6 to our consolidated financial statements included in this annual report. .
Conversations:
q0: what was the closing price of common stock as of 2/11/11? {answer0}
Question: and the high price for the quarter ended 12/31/10?
Answer:

Answer: 53.14