Split (3)

train · 11.1k rows

id stringlengths 10 14	entries listlengths 2 2
CONVFINQA1672	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n6 . debt the following is a summary of outstanding debt ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>as of december 31</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>5.00% ( 5.00 % ) senior notes due september 2020</td><td>599</td><td>599</td></tr><tr><td>3</td><td>4.75% ( 4.75 % ) senior notes due 2045</td><td>598</td><td>2014</td></tr><tr><td>4</td><td>3.50% ( 3.50 % ) senior notes due june 2024</td><td>597</td><td>597</td></tr><tr><td>5</td><td>4.60% ( 4.60 % ) senior notes due june 2044</td><td>549</td><td>549</td></tr><tr><td>6</td><td>2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m )</td><td>545</td><td>605</td></tr><tr><td>7</td><td>8.205% ( 8.205 % ) junior subordinated notes due january 2027</td><td>521</td><td>521</td></tr><tr><td>8</td><td>3.125% ( 3.125 % ) senior notes due may 2016</td><td>500</td><td>500</td></tr><tr><td>9</td><td>2.80% ( 2.80 % ) senior notes due 2021</td><td>399</td><td>2014</td></tr><tr><td>10</td><td>4.00% ( 4.00 % ) senior notes due november 2023</td><td>349</td><td>349</td></tr><tr><td>11</td><td>6.25% ( 6.25 % ) senior notes due september 2040</td><td>298</td><td>298</td></tr><tr><td>12</td><td>4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m )</td><td>271</td><td>322</td></tr><tr><td>13</td><td>4.45% ( 4.45 % ) senior notes due may 2043</td><td>249</td><td>248</td></tr><tr><td>14</td><td>4.25% ( 4.25 % ) senior notes due december 2042</td><td>196</td><td>196</td></tr><tr><td>15</td><td>3.50% ( 3.50 % ) senior notes due september 2015</td><td>2014</td><td>599</td></tr><tr><td>16</td><td>commercial paper</td><td>50</td><td>168</td></tr><tr><td>17</td><td>other</td><td>16</td><td>31</td></tr><tr><td>18</td><td>total debt</td><td>5737</td><td>5582</td></tr><tr><td>19</td><td>less short-term and current portion of long-term debt</td><td>562</td><td>783</td></tr><tr><td>20</td><td>total long-term debt</td><td>$ 5175</td><td>$ 4799</td></tr></table> revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 400 million u.s . credit facility expiring in march 2017 ( the \"2017 facility\" ) and $ 900 million multi-currency u.s . credit facility expiring in february 2020 ( the \"2020 facility\" ) . the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility . effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 . each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly . at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 . on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 . we used the proceeds of the issuance for general corporate purposes . on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid . on may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 . the company used the proceeds of the issuance for general corporate purposes . on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 . the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 . aon plc used the proceeds from these issuances for working capital and general corporate purposes. .\nQuestion: what was the change in total debt during 2015?\n" }, { "role": "agent", "content": "155.0" } ]
CONVFINQA1198	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsynopsys , inc . notes to consolidated financial statements 2014continued the aggregate purchase price consideration was approximately us$ 417.0 million . as of october 31 , 2012 , the total purchase consideration and the preliminary purchase price allocation were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>cash paid</td><td>$ 373519</td></tr><tr><td>3</td><td>fair value of shares to be acquired through a follow-on merger</td><td>34054</td></tr><tr><td>4</td><td>fair value of equity awards allocated to purchase consideration</td><td>9383</td></tr><tr><td>5</td><td>total purchase consideration</td><td>$ 416956</td></tr><tr><td>6</td><td>goodwill</td><td>247482</td></tr><tr><td>7</td><td>identifiable intangibles assets acquired</td><td>108867</td></tr><tr><td>8</td><td>cash and other assets acquired</td><td>137222</td></tr><tr><td>9</td><td>liabilities assumed</td><td>-76615 ( 76615 )</td></tr><tr><td>10</td><td>total purchase allocation</td><td>$ 416956</td></tr></table> goodwill of $ 247.5 million , which is generally not deductible for tax purposes , primarily resulted from the company 2019s expectation of sales growth and cost synergies from the integration of springsoft 2019s technology and operations with the company 2019s technology and operations . identifiable intangible assets , consisting primarily of technology , customer relationships , backlog and trademarks , were valued using the income method , and are being amortized over three to eight years . acquisition-related costs directly attributable to the business combination were $ 6.6 million for fiscal 2012 and were expensed as incurred in the consolidated statements of operations . these costs consisted primarily of employee separation costs and professional services . fair value of equity awards : pursuant to the merger agreement , the company assumed all the unvested outstanding stock options of springsoft upon the completion of the merger and the vested options were exchanged for cash in the merger . on october 1 , 2012 , the date of the completion of the tender offer , the fair value of the awards to be assumed and exchanged was $ 9.9 million , calculated using the black-scholes option pricing model . the black-scholes option-pricing model incorporates various subjective assumptions including expected volatility , expected term and risk-free interest rates . the expected volatility was estimated by a combination of implied and historical stock price volatility of the options . non-controlling interest : non-controlling interest represents the fair value of the 8.4% ( 8.4 % ) of outstanding springsoft shares that were not acquired during the tender offer process completed on october 1 , 2012 and the fair value of the option awards that were to be assumed or exchanged for cash upon the follow-on merger . the fair value of the non-controlling interest included as part of the aggregate purchase consideration was $ 42.8 million and is disclosed as a separate line in the october 31 , 2012 consolidated statements of stockholders 2019 equity . during the period between the completion of the tender offer and the end of the company 2019s fiscal year on october 31 , 2012 , the non-controlling interest was adjusted by $ 0.5 million to reflect the non-controlling interest 2019s share of the operating loss of springsoft in that period . as the amount is not significant , it has been included as part of other income ( expense ) , net , in the consolidated statements of operations. .\nQuestion: what is the value of cash and other assets acquired after liabilities are assumed?\nAnswer: 60607.0\nQuestion: what is the total value of goodwill and identifiable intangibles assets acquired?\nAnswer: 356349.0\nQuestion: what about the total purchase consideration?\nAnswer: 416956.0\nQuestion: what percentage does this represent?\n" }, { "role": "agent", "content": "0.85464" } ]
CONVFINQA949	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncdw corporation and subsidiaries notes to consolidated financial statements 2013 denominator was impacted by the common shares issued during both the ipo and the underwriters 2019 exercise in full of the overallotment option granted to them in connection with the ipo . because such common shares were issued on july 2 , 2013 and july 31 , 2013 , respectively , they are only partially reflected in the 2013 denominator . such shares will be fully reflected in the 2014 denominator . see note 9 for additional discussion of the ipo . the dilutive effect of outstanding restricted stock , restricted stock units , stock options and mpk plan units is reflected in the denominator for diluted earnings per share using the treasury stock method . the following is a reconciliation of basic shares to diluted shares: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>weighted-average shares - basic</td><td>156.6</td><td>145.1</td><td>144.8</td></tr><tr><td>3</td><td>effect of dilutive securities</td><td>2.1</td><td>0.7</td><td>0.1</td></tr><tr><td>4</td><td>weighted-average shares - diluted</td><td>158.7</td><td>145.8</td><td>144.9</td></tr></table> for the years ended december 31 , 2013 , 2012 and 2011 , diluted earnings per share excludes the impact of 0.0 million , 0.0 million , and 4.3 million potential common shares , respectively , as their inclusion would have had an anti-dilutive effect . 12 . deferred compensation plan on march 10 , 2010 , in connection with the company 2019s purchase of $ 28.5 million principal amount of its outstanding senior subordinated debt , the company established the restricted debt unit plan ( the 201crdu plan 201d ) , an unfunded nonqualified deferred compensation plan . the total number of rdus that can be granted under the rdu plan is 28500 . at december 31 , 2013 , 28500 rdus were outstanding . rdus that are outstanding vest daily on a pro rata basis over the three-year period from january 1 , 2012 ( or , if later , the date of hire or the date of a subsequent rdu grant ) through december 31 , 2014 . participants have no rights to the underlying debt . the total amount of compensation available to be paid under the rdu plan was initially to be based on two components , a principal component and an interest component . the principal component credits the rdu plan with a notional amount equal to the $ 28.5 million face value of the senior subordinated notes ( the 201cdebt pool 201d ) , together with certain redemption premium equivalents as noted below . the interest component credits the rdu plan with amounts equal to the interest that would have been earned on the debt pool from march 10 , 2010 through maturity on october 12 , 2017 , except as discussed below . interest amounts for 2010 and 2011 were deferred until 2012 , and thereafter , interest amounts were paid to participants semi-annually on the interest payment due dates . payments totaling $ 1.7 million and $ 1.3 million were made to participants under the rdu plan in april and october 2013 , respectively , in connection with the semi-annual interest payments due . the company used a portion of the ipo proceeds together with incremental borrowings to redeem $ 324.0 million of the total senior subordinated notes outstanding on august 1 , 2013 . in connection with the ipo and the partial redemption of the senior subordinated notes , the company amended the rdu plan to increase the retentive value of the plan . in accordance with the original terms of the rdu plan , the principal component of the rdus converted to a cash-denominated pool upon the redemption of the senior subordinated notes . in addition , the company added $ 1.4 million to the principal component in the year ended december 31 , 2013 as redemption premium equivalents in accordance with the terms of the rdu plan . under the terms of the amended rdu plan , upon the partial redemption of outstanding senior subordinated notes , the rdus ceased to accrue the proportionate related interest component credits . the .\nQuestion: what was the total of semi-annual interest payments in april 2013?\n" }, { "role": "agent", "content": "1.7" } ]
CONVFINQA7733	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) the following table reconciles changes in the company 2019s accrued warranties and related costs ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>beginning accrued warranty and related costs</td><td>$ 284</td><td>$ 188</td><td>$ 105</td></tr><tr><td>3</td><td>cost of warranty claims</td><td>-281 ( 281 )</td><td>-267 ( 267 )</td><td>-188 ( 188 )</td></tr><tr><td>4</td><td>accruals for product warranties</td><td>227</td><td>363</td><td>271</td></tr><tr><td>5</td><td>ending accrued warranty and related costs</td><td>$ 230</td><td>$ 284</td><td>$ 188</td></tr></table> the company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights . other agreements entered into by the company sometimes include indemnification provisions under which the company could be subject to costs and/or damages in the event of an infringement claim against the company or an indemnified third-party . however , the company has not been required to make any significant payments resulting from such an infringement claim asserted against itself or an indemnified third-party and , in the opinion of management , does not have a potential liability related to unresolved infringement claims subject to indemnification that would have a material adverse effect on its financial condition or operating results . therefore , the company did not record a liability for infringement costs as of either september 29 , 2007 or september 30 , 2006 . concentrations in the available sources of supply of materials and product certain key components including , but not limited to , microprocessors , enclosures , certain lcds , certain optical drives , and application-specific integrated circuits ( 2018 2018asics 2019 2019 ) are currently obtained by the company from single or limited sources which subjects the company to supply and pricing risks . many of these and other key components that are available from multiple sources including , but not limited to , nand flash memory , dram memory , and certain lcds , are at times subject to industry-wide shortages and significant commodity pricing fluctuations . in addition , the company has entered into certain agreements for the supply of critical components at favorable pricing , and there is no guarantee that the company will be able to extend or renew these agreements when they expire . therefore , the company remains subject to significant risks of supply shortages and/or price increases that can adversely affect gross margins and operating margins . in addition , the company uses some components that are not common to the rest of the global personal computer , consumer electronics and mobile communication industries , and new products introduced by the company often utilize custom components obtained from only one source until the company has evaluated whether there is a need for and subsequently qualifies additional suppliers . if the supply of a key single-sourced component to the company were to be delayed or curtailed , or in the event a key manufacturing vendor delays shipments of completed products to the company , the company 2019s ability to ship related products in desired quantities and in a timely manner could be adversely affected . the company 2019s business and financial performance could also be adversely affected depending on the time required to obtain sufficient quantities from the original source , or to identify and obtain sufficient quantities from an alternative source . continued availability of these components may be affected if producers were to decide to concentrate on the production of common components instead of components customized to meet the company 2019s requirements . finally , significant portions of the company 2019s cpus , ipods , iphones , logic boards , and other assembled products are now manufactured by outsourcing partners , primarily in various parts of asia . a significant concentration of this outsourced manufacturing is currently performed by only a few of the company 2019s outsourcing partners , often in single locations . certain of these outsourcing partners are the sole-sourced supplier of components and manufacturing outsourcing for many of the company 2019s key products , including but not limited to , assembly .\nQuestion: what is the ent change in accrued warranties and related costs from 2005 to 2006?\nAnswer: 96.0\nQuestion: what percentage change does this represents?\n" }, { "role": "agent", "content": "0.51064" } ]
CONVFINQA4688	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n9 . lease commitments the company leases certain land , facilities , equipment and software under various operating leases that expire at various dates through 2057 . the lease agreements frequently include renewal and escalation clauses and require the company to pay taxes , insurance and maintenance costs . total rental expense under operating leases was approximatelya $ 92.3 million in fiscal 2019 , $ 84.9 million in fiscal 2018 and $ 58.8 million in fiscal 2017 . the following is a schedule of futureff minimum rental payments required under long-term operating leases at november 2 , 2019 : operating fiscal years leases . <table class='wikitable'><tr><td>1</td><td>fiscal years</td><td>operating leases</td></tr><tr><td>2</td><td>2020</td><td>$ 79789</td></tr><tr><td>3</td><td>2021</td><td>67993</td></tr><tr><td>4</td><td>2022</td><td>40338</td></tr><tr><td>5</td><td>2023</td><td>37673</td></tr><tr><td>6</td><td>2024</td><td>32757</td></tr><tr><td>7</td><td>later years</td><td>190171</td></tr><tr><td>8</td><td>total</td><td>$ 448721</td></tr></table> 10 . commitments and contingencies from time to time , in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , among other things , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage , employment or employment benefits . as to such claims and litigation , the company can give no assurance that it will prevail . the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows . 11 . retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees . defined contribution plans the company maintains a defined contribution plan for the benefit of its eligible u.s . employees . this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation . in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation . the total expense related to the defined contribution plans for u.s . employees was $ 47.7 million in fiscal 2019 , $ 41.4 million in fiscal 2018 and $ 35.8 million in fiscal 2017 . non-qualified deferred compensation plan the deferred compensation plan ( dcp ) allows certain members of management and other highly-compensated employees and non-employee directors to defer receipt of all or any portion of their compensation . the dcp was established to provide participants with the opportunity to defer receiving all or a portion of their compensation , which includes salary , bonus , commissions and director fees . under the dcp , the company provides all participants ( other than non-employee directors ) with company contributions equal to 8% ( 8 % ) of eligible deferred contributions . the dcp is a non-qualified plan that is maintained in a rabbi trust . the fair value of the investments held in the rabbi trust are presented separately as deferred compensation plan investments , with the current portion of the investment included in prepaid expenses and other current assets in the consolidated balance sheets . see note 2j , fair value , for further information on these investments . the deferred compensation obligation represents dcp participant accumulated deferrals and earnings thereon since the inception of the dcp net of withdrawals . the deferred compensation obligation is presented separately as deferred compensation plan liability , with the current portion of the obligation in accrued liabilities in the consolidated balance sheets . the company 2019s liability under the dcp is an unsecured general obligation of the company . analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: from 2018 to 2019, what was the change in the total rental expense under operating leases?\nAnswer: 7.4\nQuestion: and what was that rental expense in 2018?\nAnswer: 84.9\nQuestion: what percentage, then, did that change represent in relation to this 2018 amount?\n" }, { "role": "agent", "content": "0.08716" } ]
CONVFINQA9375	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nrecent accounting pronouncements see note 1 accounting policies in the notes to consolidated financial statements in item 8 of this report for additional information on the following recent accounting pronouncements that are relevant to our business , including a description of each new pronouncement , the required date of adoption , our planned date of adoption , and the expected impact on our consolidated financial statements . all of the following pronouncements were issued by the fasb unless otherwise noted . the following were issued in 2007 : 2022 sfas 141 ( r ) , 201cbusiness combinations 201d 2022 sfas 160 , 201caccounting and reporting of noncontrolling interests in consolidated financial statements , an amendment of arb no . 51 201d 2022 in november 2007 , the sec issued staff accounting bulletin no . 109 , 2022 in june 2007 , the aicpa issued statement of position 07-1 , 201cclarification of the scope of the audit and accounting guide 201cinvestment companies 201d and accounting by parent companies and equity method investors for investments in investment companies . 201d the fasb issued a final fsp in february 2008 which indefinitely delays the effective date of aicpa sop 07-1 . 2022 fasb staff position no . ( 201cfsp 201d ) fin 46 ( r ) 7 , 201capplication of fasb interpretation no . 46 ( r ) to investment companies 201d 2022 fsp fin 48-1 , 201cdefinition of settlement in fasb interpretation ( 201cfin 201d ) no . 48 201d 2022 sfas 159 , 201cthe fair value option for financial assets and financial liabilities 2013 including an amendment of fasb statement no . 115 201d the following were issued during 2006 : 2022 sfas 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement benefit plans 2013 an amendment of fasb statements no . 87 , 88 , 106 and 132 ( r ) 201d ( 201csfas 158 201d ) 2022 sfas 157 , 201cfair value measurements 201d 2022 fin 48 , 201caccounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 201d 2022 fsp fas 13-2 , 201caccounting for a change or projected change in the timing of cash flows relating to income taxes generated by a leveraged lease transaction 201d 2022 sfas 156 , 201caccounting for servicing of financial assets 2013 an amendment of fasb statement no . 140 201d 2022 sfas 155 , 201caccounting for certain hybrid financial instruments 2013 an amendment of fasb statements no . 133 and 140 201d 2022 the emerging issues task force ( 201ceitf 201d ) of the fasb issued eitf issue 06-4 , 201caccounting for deferred compensation and postretirement benefit aspects of endorsement split-dollar life insurance arrangements 201d status of defined benefit pension plan we have a noncontributory , qualified defined benefit pension plan ( 201cplan 201d or 201cpension plan 201d ) covering eligible employees . benefits are derived from a cash balance formula based on compensation levels , age and length of service . pension contributions are based on an actuarially determined amount necessary to fund total benefits payable to plan participants . consistent with our investment strategy , plan assets are currently approximately 60% ( 60 % ) invested in equity investments with most of the remainder invested in fixed income instruments . plan fiduciaries determine and review the plan 2019s investment policy . we calculate the expense associated with the pension plan in accordance with sfas 87 , 201cemployers 2019 accounting for pensions , 201d and we use assumptions and methods that are compatible with the requirements of sfas 87 , including a policy of reflecting trust assets at their fair market value . on an annual basis , we review the actuarial assumptions related to the pension plan , including the discount rate , the rate of compensation increase and the expected return on plan assets . neither the discount rate nor the compensation increase assumptions significantly affects pension expense . the expected long-term return on assets assumption does significantly affect pension expense . the expected long-term return on plan assets for determining net periodic pension cost for 2007 was 8.25% ( 8.25 % ) , unchanged from 2006 . under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to change by up to $ 4 million as the impact is amortized into results of operations . the table below reflects the estimated effects on pension expense of certain changes in assumptions , using 2008 estimated expense as a baseline . change in assumption estimated increase to 2008 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption</td><td>estimatedincrease to 2008pensionexpense ( in millions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 1</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 10</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 2</td></tr></table> we currently estimate a pretax pension benefit of $ 26 million in 2008 compared with a pretax benefit of $ 30 million in .\nQuestion: does a .5% decrease in expected long-term return on assets have a greater effect on pension expense than a .5% increase in compensation rate?\nAnswer: yes\nQuestion: does a .5% decrease in the discount rate have a greater impact on pension expense than a .5% decrease in the expected long-term return on assets?\n" }, { "role": "agent", "content": "no" } ]
CONVFINQA386	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nacquire operations and facilities from municipalities and other local governments , as they increasingly seek to raise capital and reduce risk . we realize synergies from consolidating businesses into our existing operations , whether through acquisitions or public-private partnerships , which allows us to reduce capital expenditures and expenses associated with truck routing , personnel , fleet maintenance , inventories and back-office administration . operating model the goal of our operating model pillar is to deliver a consistent , high-quality service to all of our customers through the republic way : one way . everywhere . every day . this approach of developing standardized processes with rigorous controls and tracking allows us to leverage our scale and deliver durable operational excellence . the republic way is the key to harnessing the best of what we do as operators and translating that across all facets of our business . a key enabler of the republic way is our organizational structure that fosters a high performance culture by maintaining 360-degree accountability and full profit and loss responsibility with local management , supported by a functional structure to provide subject matter expertise . this structure allows us to take advantage of our scale by coordinating functionally across all of our markets , while empowering local management to respond to unique market dynamics . we have rolled out several productivity and cost control initiatives designed to deliver the best service possible to our customers in the most efficient and environmentally sound way . fleet automation approximately 75% ( 75 % ) of our residential routes have been converted to automated single-driver trucks . by converting our residential routes to automated service , we reduce labor costs , improve driver productivity , decrease emissions and create a safer work environment for our employees . additionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities . fleet conversion to compressed natural gas ( cng ) approximately 19% ( 19 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is the most prudent approach to realizing the full value of our previous fleet investments . approximately 30% ( 30 % ) of our replacement vehicle purchases during 2017 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission initiatives that focus on protecting the environment . although upfront capital costs are higher , using cng reduces our overall fleet operating costs through lower fuel expenses . as of december 31 , 2017 , we operated 37 cng fueling stations . standardized maintenance based on an industry trade publication , we operate the seventh largest vocational fleet in the united states . as of december 31 , 2017 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles approximate average age . <table class='wikitable'><tr><td>1</td><td>-</td><td>approximate number of vehicles</td><td>approximate average age</td></tr><tr><td>2</td><td>residential</td><td>7200</td><td>7.5</td></tr><tr><td>3</td><td>small-container</td><td>4600</td><td>7.1</td></tr><tr><td>4</td><td>large-container</td><td>4100</td><td>8.8</td></tr><tr><td>5</td><td>total</td><td>15900</td><td>7.7</td></tr></table> .\nQuestion: as of december 31, 2017, how much did the number of vehicles for residential represent in relation to the one for large-container?\n" }, { "role": "agent", "content": "1.7561" } ]
CONVFINQA10209	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses decreased slightly during 2012 by $ 4.7 to $ 137.3 compared to 2011 , primarily due to lower office and general expenses , partially offset by an increase in temporary help to support our information-technology system-upgrade initiatives . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>net income adjusted to reconcile net income to net cashprovided by operating activities1</td><td>$ 598.4</td><td>$ 697.2</td><td>$ 735.7</td></tr><tr><td>3</td><td>net cash used in working capital b2</td><td>-9.6 ( 9.6 )</td><td>-293.2 ( 293.2 )</td><td>-359.4 ( 359.4 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities using cash</td><td>4.1</td><td>-46.8 ( 46.8 )</td><td>-102.8 ( 102.8 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 592.9</td><td>$ 357.2</td><td>$ 273.5</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-224.5 ( 224.5 )</td><td>-210.2 ( 210.2 )</td><td>-58.8 ( 58.8 )</td></tr><tr><td>7</td><td>net cash ( used in ) provided by financing activities</td><td>-1212.3 ( 1212.3 )</td><td>131.3</td><td>-541.0 ( 541.0 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash loss related to early extinguishment of debt , and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities net cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income . due to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters . the improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies . net cash provided by operating activities during 2012 was $ 357.2 , which was an increase of $ 83.7 as compared to 2011 , primarily as a result of a decrease in working capital usage of $ 66.2 . the net working capital usage in 2012 was primarily impacted by our media businesses . the timing of media buying on behalf of our clients affects our working capital and operating cash flow . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible we pay production and media charges after we have received funds from our clients . the amounts involved substantially exceed our revenues , and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . investing activities net cash used in investing activities during 2013 primarily relates to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 relate primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013. .\nQuestion: what was the net cash provided by operating activities in 2013?\nAnswer: 592.9\nQuestion: and what was the net cash used in investing activities in that same year?\nAnswer: -224.5\nQuestion: what was, then, the balance between the provided and the spent net cash in that year?\nAnswer: 368.4\nQuestion: and what would be the total net change, considering this balance and the net cash ( used in ) provided by financing activities?\n" }, { "role": "agent", "content": "-843.9" } ]
CONVFINQA9091	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\noperations may be extended up to four additional years for each unit by mutual agreement of entergy and new york state based on an exigent reliability need for indian point generation . in accordance with the ferc-approved tariff of the new york independent system operator ( nyiso ) , entergy submitted to the nyiso a notice of generator deactivation based on the dates in the settlement ( no later than april 30 , 2020 for indian point unit 2 and april 30 , 2021 for indian point unit 3 ) . in december 2017 , nyiso issued a report stating there will not be a system reliability need following the deactivation of indian point . the nyiso also has advised that it will perform an analysis of the potential competitive impacts of the proposed retirement under provisions of its tariff . the deadline for the nyiso to make a withholding determination is in dispute and is pending before the ferc . in addition to contractually agreeing to cease commercial operations early , in february 2017 entergy filed with the nrc an amendment to its license renewal application changing the term of the requested licenses to coincide with the latest possible extension by mutual agreement based on exigent reliability needs : april 30 , 2024 for indian point 2 and april 30 , 2025 for indian point 3 . if entergy reasonably determines that the nrc will treat the amendment other than as a routine amendment , entergy may withdraw the amendment . other provisions of the settlement include termination of all then-existing investigations of indian point by the agencies signing the agreement , which include the new york state department of environmental conservation , the new york state department of state , the new york state department of public service , the new york state department of health , and the new york state attorney general . the settlement recognizes the right of new york state agencies to pursue new investigations and enforcement actions with respect to new circumstances or existing conditions that become materially exacerbated . another provision of the settlement obligates entergy to establish a $ 15 million fund for environmental projects and community support . apportionment and allocation of funds to beneficiaries are to be determined by mutual agreement of new york state and entergy . the settlement recognizes new york state 2019s right to perform an annual inspection of indian point , with scope and timing to be determined by mutual agreement . in may 2017 a plaintiff filed two parallel state court appeals challenging new york state 2019s actions in signing and implementing the indian point settlement with entergy on the basis that the state failed to perform sufficient environmental analysis of its actions . all signatories to the settlement agreement , including the entergy affiliates that hold nrc licenses for indian point , were named . the appeals were voluntarily dismissed in november 2017 . entergy corporation and subsidiaries management 2019s financial discussion and analysis liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table . the increase in the debt to capital ratio for entergy as of december 31 , 2017 is primarily due to an increase in commercial paper outstanding in 2017 as compared to 2016. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>debt to capital</td><td>67.1% ( 67.1 % )</td><td>64.8% ( 64.8 % )</td></tr><tr><td>3</td><td>effect of excluding securitization bonds</td><td>( 0.8% ( 0.8 % ) )</td><td>( 1.0% ( 1.0 % ) )</td></tr><tr><td>4</td><td>debt to capital excluding securitization bonds ( a )</td><td>66.3% ( 66.3 % )</td><td>63.8% ( 63.8 % )</td></tr><tr><td>5</td><td>effect of subtracting cash</td><td>( 1.1% ( 1.1 % ) )</td><td>( 2.0% ( 2.0 % ) )</td></tr><tr><td>6</td><td>net debt to net capital excluding securitization bonds ( a )</td><td>65.2% ( 65.2 % )</td><td>61.8% ( 61.8 % )</td></tr></table> ( a ) calculation excludes the arkansas , louisiana , new orleans , and texas securitization bonds , which are non- recourse to entergy arkansas , entergy louisiana , entergy new orleans , and entergy texas , respectively. .\nQuestion: what was the change in debt to capital from 2016 to 2017?\n" }, { "role": "agent", "content": "2.3" } ]
CONVFINQA5079	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following is a schedule of future minimum rental payments required under long-term operating leases at october 30 , 2010 : fiscal years operating leases . <table class='wikitable'><tr><td>1</td><td>fiscal years</td><td>operating leases</td></tr><tr><td>2</td><td>2011</td><td>$ 21871</td></tr><tr><td>3</td><td>2012</td><td>12322</td></tr><tr><td>4</td><td>2013</td><td>9078</td></tr><tr><td>5</td><td>2014</td><td>6381</td></tr><tr><td>6</td><td>2015</td><td>5422</td></tr><tr><td>7</td><td>later years</td><td>30655</td></tr><tr><td>8</td><td>total</td><td>$ 85729</td></tr></table> 12 . commitments and contingencies from time to time in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes . as to such claims and litigation , the company can give no assurance that it will prevail . the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows . 13 . retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees . the company maintains a defined contribution plan for the benefit of its eligible u.s . employees . this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation . in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation . the total expense related to the defined contribution plan for u.s . employees was $ 20.5 million in fiscal 2010 , $ 21.5 million in fiscal 2009 and $ 22.6 million in fiscal 2008 . the company also has various defined benefit pension and other retirement plans for certain non-u.s . employees that are consistent with local statutory requirements and practices . the total expense related to the various defined benefit pension and other retirement plans for certain non-u.s . employees was $ 11.7 million in fiscal 2010 , $ 10.9 million in fiscal 2009 and $ 13.9 million in fiscal 2008 . during fiscal 2009 , the measurement date of the plan 2019s funded status was changed from september 30 to the company 2019s fiscal year end . non-u.s . plan disclosures the company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country . the plans 2019 assets consist primarily of u.s . and non-u.s . equity securities , bonds , property and cash . the benefit obligations and related assets under these plans have been measured at october 30 , 2010 and october 31 , 2009 . analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what is the total expenses related to defined contribution plan for u.s . employees in 2010?\nAnswer: 20.5\nQuestion: what about in 2009?\nAnswer: 21.5\nQuestion: what is the net change?\nAnswer: -1.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "-0.04651" } ]
CONVFINQA1454	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nwe include here by reference additional information relating to pnc common stock under the common stock prices/ dividends declared section in the statistical information ( unaudited ) section of item 8 of this report . we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report . our stock transfer agent and registrar is : computershare trust company , n.a . 250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services . we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 . ( a ) ( 2 ) none . ( b ) not applicable . ( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 period total shares purchased ( a ) average paid per total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) . <table class='wikitable'><tr><td>1</td><td>2015 period</td><td>total sharespurchased ( a )</td><td>averagepricepaid pershare</td><td>total sharespurchased aspartofpubliclyannouncedprograms ( b )</td><td>maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )</td></tr><tr><td>2</td><td>october 1 2013 31</td><td>2528</td><td>$ 89.24</td><td>2506</td><td>85413</td></tr><tr><td>3</td><td>november 1 2013 30</td><td>1923</td><td>$ 94.06</td><td>1923</td><td>83490</td></tr><tr><td>4</td><td>december 1 2013 31</td><td>1379</td><td>$ 95.20</td><td>1379</td><td>82111</td></tr><tr><td>5</td><td>total</td><td>5830</td><td>$ 92.24</td><td>-</td><td>-</td></tr></table> ( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements . note 12 employee benefit plans and note 13 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock . ( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 . repurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , economic capital and regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process . our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 . this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) . in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion . 30 the pnc financial services group , inc . 2013 form 10-k .\nQuestion: what is the total shares purchased as part of publicly announced programs during october 2013?\nAnswer: 2506.0\nQuestion: what about during november 2013?\nAnswer: 1923.0\nQuestion: what is the total for two months?\nAnswer: 4429.0\nQuestion: what about the number of shares purchased as part of the plan during december 2013?\nAnswer: 1379.0\nQuestion: what is the total purchased as part of the plan during the fourth quarter of 2013?\nAnswer: 5808.0\nQuestion: what portion of total purchased as part of the plan during the fourth quarter of 2013 occurred during december?\n" }, { "role": "agent", "content": "0.23654" } ]
CONVFINQA1729	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nour refining and wholesale marketing gross margin is the difference between the prices of refined products sold and the costs of crude oil and other charge and blendstocks refined , including the costs to transport these inputs to our refineries , the costs of purchased products and manufacturing expenses , including depreciation . the crack spread is a measure of the difference between market prices for refined products and crude oil , commonly used by the industry as an indicator of the impact of price on the refining margin . crack spreads can fluctuate significantly , particularly when prices of refined products do not move in the same relationship as the cost of crude oil . as a performance benchmark and a comparison with other industry participants , we calculate midwest ( chicago ) and u.s . gulf coast crack spreads that we feel most closely track our operations and slate of products . posted light louisiana sweet ( 201clls 201d ) prices and a 6-3-2-1 ratio of products ( 6 barrels of crude oil producing 3 barrels of gasoline , 2 barrels of distillate and 1 barrel of residual fuel ) are used for the crack spread calculation . the following table lists calculated average crack spreads by quarter for the midwest ( chicago ) and gulf coast markets in 2008 . crack spreads ( dollars per barrel ) 1st qtr 2nd qtr 3rd qtr 4th qtr 2008 . <table class='wikitable'><tr><td>1</td><td>crack spreads ( dollars per barrel )</td><td>1st qtr</td><td>2nd qtr</td><td>3rd qtr</td><td>4th qtr</td><td>2008</td></tr><tr><td>2</td><td>chicago lls 6-3-2-1</td><td>$ 0.07</td><td>$ 2.71</td><td>$ 7.81</td><td>$ 2.31</td><td>$ 3.27</td></tr><tr><td>3</td><td>us gulf coast lls 6-3-2-1</td><td>$ 1.39</td><td>$ 1.99</td><td>$ 6.32</td><td>( $ 0.01 )</td><td>$ 2.45</td></tr></table> in addition to the market changes indicated by the crack spreads , our refining and wholesale marketing gross margin is impacted by factors such as the types of crude oil and other charge and blendstocks processed , the selling prices realized for refined products , the impact of commodity derivative instruments used to mitigate price risk and the cost of purchased products for resale . we process significant amounts of sour crude oil which can enhance our profitability compared to certain of our competitors , as sour crude oil typically can be purchased at a discount to sweet crude oil . finally , our refining and wholesale marketing gross margin is impacted by changes in manufacturing costs , which are primarily driven by the level of maintenance activities at the refineries and the price of purchased natural gas used for plant fuel . our 2008 refining and wholesale marketing gross margin was the key driver of the 43 percent decrease in rm&t segment income when compared to 2007 . our average refining and wholesale marketing gross margin per gallon decreased 37 percent , to 11.66 cents in 2008 from 18.48 cents in 2007 , primarily due to the significant and rapid increases in crude oil prices early in 2008 and lagging wholesale price realizations . our retail marketing gross margin for gasoline and distillates , which is the difference between the ultimate price paid by consumers and the cost of refined products , including secondary transportation and consumer excise taxes , also impacts rm&t segment profitability . while on average demand has been increasing for several years , there are numerous factors including local competition , seasonal demand fluctuations , the available wholesale supply , the level of economic activity in our marketing areas and weather conditions that impact gasoline and distillate demand throughout the year . in 2008 , demand began to drop due to the combination of significant increases in retail petroleum prices and a broad slowdown in general activity . the gross margin on merchandise sold at retail outlets has historically been more constant . the profitability of our pipeline transportation operations is primarily dependent on the volumes shipped through our crude oil and refined products pipelines . the volume of crude oil that we transport is directly affected by the supply of , and refiner demand for , crude oil in the markets served directly by our crude oil pipelines . key factors in this supply and demand balance are the production levels of crude oil by producers , the availability and cost of alternative modes of transportation , and refinery and transportation system maintenance levels . the volume of refined products that we transport is directly affected by the production levels of , and user demand for , refined products in the markets served by our refined product pipelines . in most of our markets , demand for gasoline peaks during the summer and declines during the fall and winter months , whereas distillate demand is more ratable throughout the year . as with crude oil , other transportation alternatives and system maintenance levels influence refined product movements . integrated gas our integrated gas strategy is to link stranded natural gas resources with areas where a supply gap is emerging due to declining production and growing demand . our integrated gas operations include marketing and transportation of products manufactured from natural gas , such as lng and methanol , primarily in the u.s. , europe and west africa . our most significant lng investment is our 60 percent ownership in a production facility in equatorial guinea , which sells lng under a long-term contract at prices tied to henry hub natural gas prices . in 2008 , its .\nQuestion: what was the total combined crack spread for us gulf coast in the first and second quarters of 2008?\n" }, { "role": "agent", "content": "3.38" } ]
CONVFINQA7146	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ns c h e d u l e i v ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2010 , 2009 , and 2008 ( in millions of u.s . dollars , except for percentages ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31 2010 2009 and 2008 ( in millions of u.s . dollars except for percentages )</td><td>directamount</td><td>ceded to other companies</td><td>assumed from other companies</td><td>net amount</td><td>percentage of amount assumed to net</td></tr><tr><td>2</td><td>2010</td><td>$ 15780</td><td>$ 5792</td><td>$ 3516</td><td>$ 13504</td><td>26% ( 26 % )</td></tr><tr><td>3</td><td>2009</td><td>$ 15415</td><td>$ 5943</td><td>$ 3768</td><td>$ 13240</td><td>28% ( 28 % )</td></tr><tr><td>4</td><td>2008</td><td>$ 16087</td><td>$ 6144</td><td>$ 3260</td><td>$ 13203</td><td>25% ( 25 % )</td></tr></table> .\nQuestion: what is the direct amount for 2010?\nAnswer: 15780.0\nQuestion: what about in 2009?\n" }, { "role": "agent", "content": "15415.0" } ]
CONVFINQA8484	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncash and a commitment to fund the capital needs of the business until such time as its cumulative funding is equal to funding that we have provided from inception through the effective date of the transaction . the transaction created a new joint venture which does business as comercia global payments brazil . as a result of the transaction , we deconsolidated global payments brazil , and we apply the equity method of accounting to our retained interest in comercia global payments brazil . we recorded a gain on the transaction of $ 2.1 million which is included in interest and other income in the consolidated statement of income for the fiscal year ended may 31 , 2014 . the results of the brazil operation from inception until the restructuring into a joint venture on september 30 , 2013 were not material to our consolidated results of operations , and the assets and liabilities that we derecognized were not material to our consolidated balance sheet . american express portfolio on october 24 , 2013 , we acquired a merchant portfolio in the czech republic from american express limited for $ 1.9 million . the acquired assets have been classified as customer-related intangible assets and contract-based intangible assets with estimated amortization periods of 10 years . paypros on march 4 , 2014 , we completed the acquisition of 100% ( 100 % ) of the outstanding stock of payment processing , inc . ( 201cpaypros 201d ) for $ 420.0 million in cash plus $ 7.7 million in cash for working capital , subject to adjustment based on a final determination of working capital . we funded the acquisition with a combination of cash on hand and proceeds from our new term loan . paypros , based in california , is a provider of fully-integrated payment solutions for small-to-medium sized merchants in the united states . paypros delivers its products and services through a network of technology-based enterprise software partners to vertical markets that are complementary to the markets served by accelerated payment technologies ( 201capt 201d ) , which we acquired in october 2012 . we acquired paypros to expand our direct distribution capabilities in the united states and to further enhance our existing integrated solutions offerings . this acquisition was recorded as a business combination , and the purchase price was allocated to the assets acquired and liabilities assumed based on their estimated fair values . due to the timing of this transaction , the allocation of the purchase price is preliminary pending final valuation of intangible assets and deferred income taxes as well as resolution of the working capital settlement discussed above . the purchase price of paypros was determined by analyzing the historical and prospective financial statements . acquisition costs associated with this purchase were not material . the following table summarizes the preliminary purchase price allocation ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>goodwill</td><td>$ 271577</td></tr><tr><td>2</td><td>customer-related intangible assets</td><td>147500</td></tr><tr><td>3</td><td>contract-based intangible assets</td><td>31000</td></tr><tr><td>4</td><td>acquired technology</td><td>10700</td></tr><tr><td>5</td><td>fixed assets</td><td>1680</td></tr><tr><td>6</td><td>other assets</td><td>4230</td></tr><tr><td>7</td><td>total assets acquired</td><td>466687</td></tr><tr><td>8</td><td>deferred income taxes</td><td>-38949 ( 38949 )</td></tr><tr><td>9</td><td>net assets acquired</td><td>$ 427738</td></tr></table> the preliminary purchase price allocation resulted in goodwill , included in the north america merchant services segment , of $ 271.6 million . such goodwill is attributable primarily to synergies with the services offered and markets served by paypros . the goodwill associated with the acquisition is not deductible for tax purposes . the customer-related intangible assets and the contract-based intangible assets have an estimated amortization period of 13 years . the acquired technology has an estimated amortization period of 7 years. .\nQuestion: what is the sum of the values of acquired technology and contract-based intangible assets?\n" }, { "role": "agent", "content": "41700.0" } ]
CONVFINQA8277	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmeasurement point december 31 the priceline group nasdaq composite index s&p 500 rdg internet composite . <table class='wikitable'><tr><td>1</td><td>measurement pointdecember 31</td><td>the priceline group inc .</td><td>nasdaqcomposite index</td><td>s&p 500index</td><td>rdg internetcomposite</td></tr><tr><td>2</td><td>2010</td><td>100.00</td><td>100.00</td><td>100.00</td><td>100.00</td></tr><tr><td>3</td><td>2011</td><td>117.06</td><td>100.53</td><td>102.11</td><td>102.11</td></tr><tr><td>4</td><td>2012</td><td>155.27</td><td>116.92</td><td>118.45</td><td>122.23</td></tr><tr><td>5</td><td>2013</td><td>290.93</td><td>166.19</td><td>156.82</td><td>199.42</td></tr><tr><td>6</td><td>2014</td><td>285.37</td><td>188.78</td><td>178.29</td><td>195.42</td></tr><tr><td>7</td><td>2015</td><td>319.10</td><td>199.95</td><td>180.75</td><td>267.25</td></tr></table> .\nQuestion: what was the difference in the priceline group inc. between 2014 and 2015?\n" }, { "role": "agent", "content": "33.73" } ]
CONVFINQA4790	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy corporation and subsidiaries notes to financial statements amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>plant ( including nuclear fuel )</td><td>$ 727</td></tr><tr><td>3</td><td>decommissioning trust funds</td><td>252</td></tr><tr><td>4</td><td>other assets</td><td>41</td></tr><tr><td>5</td><td>total assets acquired</td><td>1020</td></tr><tr><td>6</td><td>purchased power agreement ( below market )</td><td>420</td></tr><tr><td>7</td><td>decommissioning liability</td><td>220</td></tr><tr><td>8</td><td>other liabilities</td><td>44</td></tr><tr><td>9</td><td>total liabilities assumed</td><td>684</td></tr><tr><td>10</td><td>net assets acquired</td><td>$ 336</td></tr></table> subsequent to the closing , entergy received approximately $ 6 million from consumers energy company as part of the post-closing adjustment defined in the asset sale agreement . the post-closing adjustment amount resulted in an approximately $ 6 million reduction in plant and a corresponding reduction in other liabilities . for the ppa , which was at below-market prices at the time of the acquisition , non-utility nuclear will amortize a liability to revenue over the life of the agreement . the amount that will be amortized each period is based upon the difference between the present value calculated at the date of acquisition of each year's difference between revenue under the agreement and revenue based on estimated market prices . amounts amortized to revenue were $ 53 million in 2009 , $ 76 million in 2008 , and $ 50 million in 2007 . the amounts to be amortized to revenue for the next five years will be $ 46 million for 2010 , $ 43 million for 2011 , $ 17 million in 2012 , $ 18 million for 2013 , and $ 16 million for 2014 . nypa value sharing agreements non-utility nuclear's purchase of the fitzpatrick and indian point 3 plants from nypa included value sharing agreements with nypa . in october 2007 , non-utility nuclear and nypa amended and restated the value sharing agreements to clarify and amend certain provisions of the original terms . under the amended value sharing agreements , non-utility nuclear will make annual payments to nypa based on the generation output of the indian point 3 and fitzpatrick plants from january 2007 through december 2014 . non-utility nuclear will pay nypa $ 6.59 per mwh for power sold from indian point 3 , up to an annual cap of $ 48 million , and $ 3.91 per mwh for power sold from fitzpatrick , up to an annual cap of $ 24 million . the annual payment for each year's output is due by january 15 of the following year . non-utility nuclear will record its liability for payments to nypa as power is generated and sold by indian point 3 and fitzpatrick . an amount equal to the liability will be recorded to the plant asset account as contingent purchase price consideration for the plants . in 2009 , 2008 , and 2007 , non-utility nuclear recorded $ 72 million as plant for generation during each of those years . this amount will be depreciated over the expected remaining useful life of the plants . in august 2008 , non-utility nuclear entered into a resolution of a dispute with nypa over the applicability of the value sharing agreements to its fitzpatrick and indian point 3 nuclear power plants after the planned spin-off of the non-utility nuclear business . under the resolution , non-utility nuclear agreed not to treat the separation as a \"cessation event\" that would terminate its obligation to make the payments under the value sharing agreements . as a result , after the spin-off transaction , enexus will continue to be obligated to make payments to nypa under the amended and restated value sharing agreements. .\nQuestion: what was the amount of revenue to be amortized in 2009?\nAnswer: 53.0\nQuestion: what was the amount of revenue to be amortized in 2008?\nAnswer: 76.0\nQuestion: what was the sum for 2008 and 2009?\nAnswer: 129.0\nQuestion: what was the amount of revenue to be amortized in 2007?\n" }, { "role": "agent", "content": "50.0" } ]
CONVFINQA10551	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements level 3 rollforward if a derivative was transferred to level 3 during a reporting period , its entire gain or loss for the period is included in level 3 . transfers between levels are reported at the beginning of the reporting period in which they occur . in the tables below , negative amounts for transfers into level 3 and positive amounts for transfers out of level 3 represent net transfers of derivative liabilities . gains and losses on level 3 derivatives should be considered in the context of the following : 2030 a derivative with level 1 and/or level 2 inputs is classified in level 3 in its entirety if it has at least one significant level 3 input . 2030 if there is one significant level 3 input , the entire gain or loss from adjusting only observable inputs ( i.e. , level 1 and level 2 inputs ) is classified as level 3 . 2030 gains or losses that have been reported in level 3 resulting from changes in level 1 or level 2 inputs are frequently offset by gains or losses attributable to level 1 or level 2 derivatives and/or level 1 , level 2 and level 3 cash instruments . as a result , gains/ ( losses ) included in the level 3 rollforward below do not necessarily represent the overall impact on the firm 2019s results of operations , liquidity or capital resources . the tables below present changes in fair value for all derivatives categorized as level 3 as of the end of the year. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 asset/ ( liability ) balance beginning of year</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 net realized gains/ ( losses )</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 net unrealized gains/ ( losses ) relating to instruments still held at year-end</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 purchases</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 sales</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 settlements</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 transfers into level 3</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 transfers out of level 3</td><td>level 3 derivative assets and liabilities at fair value for the year ended december 2013 asset/ ( liability ) balance endof year</td></tr><tr><td>2</td><td>interest rates 2014 net</td><td>$ -355 ( 355 )</td><td>$ -78 ( 78 )</td><td>$ 168</td><td>$ 1</td><td>$ -8 ( 8 )</td><td>$ 196</td><td>$ -9 ( 9 )</td><td>$ -1 ( 1 )</td><td>$ -86 ( 86 )</td></tr><tr><td>3</td><td>credit 2014 net</td><td>6228</td><td>-1 ( 1 )</td><td>-977 ( 977 )</td><td>201</td><td>-315 ( 315 )</td><td>-1508 ( 1508 )</td><td>695</td><td>-147 ( 147 )</td><td>4176</td></tr><tr><td>4</td><td>currencies 2014 net</td><td>35</td><td>-93 ( 93 )</td><td>-419 ( 419 )</td><td>22</td><td>-6 ( 6 )</td><td>169</td><td>139</td><td>-47 ( 47 )</td><td>-200 ( 200 )</td></tr><tr><td>5</td><td>commodities 2014 net</td><td>-304 ( 304 )</td><td>-6 ( 6 )</td><td>58</td><td>21</td><td>-48 ( 48 )</td><td>281</td><td>50</td><td>8</td><td>60</td></tr><tr><td>6</td><td>equities 2014 net</td><td>-1248 ( 1248 )</td><td>-67 ( 67 )</td><td>-202 ( 202 )</td><td>77</td><td>-472 ( 472 )</td><td>1020</td><td>-15 ( 15 )</td><td>-52 ( 52 )</td><td>-959 ( 959 )</td></tr><tr><td>7</td><td>total derivatives 2014 net</td><td>$ 4356</td><td>$ ( 245 ) 1</td><td>$ ( 1372 ) 1</td><td>$ 322</td><td>$ -849 ( 849 )</td><td>$ 158</td><td>$ 860</td><td>$ -239 ( 239 )</td><td>$ 2991</td></tr></table> 1 . the aggregate amounts include losses of approximately $ 1.29 billion and $ 324 million reported in 201cmarket making 201d and 201cother principal transactions , 201d respectively . the net unrealized loss on level 3 derivatives of $ 1.37 billion for 2013 principally resulted from changes in level 2 inputs and was primarily attributable to losses on certain credit derivatives , principally due to the impact of tighter credit spreads , and losses on certain currency derivatives , primarily due to changes in foreign exchange rates . transfers into level 3 derivatives during 2013 primarily reflected transfers of credit derivative assets from level 2 , principally due to reduced transparency of upfront credit points and correlation inputs used to value these derivatives . transfers out of level 3 derivatives during 2013 primarily reflected transfers of certain credit derivatives to level 2 , principally due to unobservable credit spread and correlation inputs no longer being significant to the valuation of these derivatives and unobservable inputs not being significant to the net risk of certain portfolios . goldman sachs 2013 annual report 143 .\nQuestion: what was the aggregate amount of losses for 201cmarket making?\nAnswer: 1.29\nQuestion: and converted to the thousands?\n" }, { "role": "agent", "content": "1290.0" } ]
CONVFINQA9451	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndiscount to brent was narrower in 2013 than in 2012 and 2011 . as a result of the significant increase in u.s . production of light sweet crude oil , the historical relationship between wti , brent and lls pricing may not be indicative of future periods . composition 2013 the proportion of our liquid hydrocarbon sales volumes that are ngls continues to increase due to our development of united states unconventional liquids-rich plays . ngls were 15 percent of our north america e&p liquid hydrocarbon sales volumes in 2013 compared to 10 percent in 2012 and 7 percent in 2011 . natural gas 2013 a significant portion of our natural gas production in the u.s . is sold at bid-week prices , or first-of-month indices relative to our specific producing areas . average henry hub settlement prices for natural gas were 31 percent higher for 2013 than for 2012 . international e&p liquid hydrocarbons 2013 our international e&p crude oil production is relatively sweet and has historically sold in relation to the brent crude benchmark , which on average was 3 percent lower for 2013 than 2012 . natural gas 2013 our major international e&p natural gas-producing regions are europe and e.g . natural gas prices in europe have been considerably higher than the u.s . in recent years . in the case of e.g. , our natural gas sales are subject to term contracts , making realized prices in these areas less volatile . the natural gas sales from e.g . are at fixed prices ; therefore , our reported average international e&p natural gas realized prices may not fully track market price movements . oil sands mining the oil sands mining segment produces and sells various qualities of synthetic crude oil . output mix can be impacted by operational problems or planned unit outages at the mines or upgrader . sales prices for roughly two-thirds of the normal output mix has historically tracked movements in wti and one-third has historically tracked movements in the canadian heavy crude oil marker , primarily wcs . the wcs discount to wti has been increasing on average in each year presented below . despite a wider wcs discount in 2013 , our average oil sands mining price realizations increased due to a greater proportion of higher value synthetic crude oil sales volumes compared to 2012 . the operating cost structure of the oil sands mining operations is predominantly fixed and therefore many of the costs incurred in times of full operation continue during production downtime . per-unit costs are sensitive to production rates . key variable costs are natural gas and diesel fuel , which track commodity markets such as the aeco natural gas sales index and crude oil prices , respectively . the table below shows average benchmark prices that impact both our revenues and variable costs: . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 98.05</td><td>$ 94.15</td><td>$ 95.11</td></tr><tr><td>3</td><td>wcs ( dollars per bbl ) ( a )</td><td>$ 72.77</td><td>$ 73.18</td><td>$ 77.97</td></tr><tr><td>4</td><td>aeco natural gas sales index ( dollars per mmbtu ) ( b )</td><td>$ 3.08</td><td>$ 2.39</td><td>$ 3.68</td></tr></table> wcs ( dollars per bbl ) ( a ) $ 72.77 $ 73.18 $ 77.97 aeco natural gas sales index ( dollars per mmbtu ) ( b ) $ 3.08 $ 2.39 $ 3.68 ( a ) monthly pricing based upon average wti adjusted for differentials unique to western canada . ( b ) monthly average day ahead index. .\nQuestion: what was the value of the aeco natural gas sales index in 2013?\nAnswer: 3.08\nQuestion: and what was it in 2011?\nAnswer: 3.68\nQuestion: what was, then, the change in its value from 2011 to 2013?\n" }, { "role": "agent", "content": "-0.6" } ]
CONVFINQA639	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmarathon oil corporation notes to consolidated financial statements the changes in the carrying amount of goodwill for the years ended december 31 , 2007 , and 2008 , were as follows : ( in millions ) e&p osm rm&t total . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>e&p</td><td>osm</td><td>rm&t</td><td>total</td></tr><tr><td>2</td><td>balance as of december 31 2006</td><td>$ 519</td><td>$ 2013</td><td>$ 879</td><td>$ 1398</td></tr><tr><td>3</td><td>acquired</td><td>71</td><td>1437</td><td>2013</td><td>1508</td></tr><tr><td>4</td><td>adjusted ( a )</td><td>2013</td><td>2013</td><td>-7 ( 7 )</td><td>-7 ( 7 )</td></tr><tr><td>5</td><td>balance as of december 31 2007</td><td>590</td><td>1437</td><td>872</td><td>2899</td></tr><tr><td>6</td><td>adjusted ( a )</td><td>-17 ( 17 )</td><td>-25 ( 25 )</td><td>7</td><td>-35 ( 35 )</td></tr><tr><td>7</td><td>impaired</td><td>2013</td><td>-1412 ( 1412 )</td><td>2013</td><td>-1412 ( 1412 )</td></tr><tr><td>8</td><td>disposed ( b )</td><td>-5 ( 5 )</td><td>-</td><td>2013</td><td>-5 ( 5 )</td></tr><tr><td>9</td><td>balance as of december 31 2008</td><td>$ 568</td><td>$ 2013</td><td>$ 879</td><td>$ 1447</td></tr></table> ( a ) adjustments related to prior period income tax and royalty adjustments . ( b ) goodwill was allocated to the norwegian outside-operated properties sold in 2008 . 17 . fair value measurements as defined in sfas no . 157 , fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date . sfas no . 157 describes three approaches to measuring the fair value of assets and liabilities : the market approach , the income approach and the cost approach , each of which includes multiple valuation techniques . the market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities . the income approach uses valuation techniques to measure fair value by converting future amounts , such as cash flows or earnings , into a single present value amount using current market expectations about those future amounts . the cost approach is based on the amount that would currently be required to replace the service capacity of an asset . this is often referred to as current replacement cost . the cost approach assumes that the fair value would not exceed what it would cost a market participant to acquire or construct a substitute asset of comparable utility , adjusted for obsolescence . sfas no . 157 does not prescribe which valuation technique should be used when measuring fair value and does not prioritize among the techniques . sfas no . 157 establishes a fair value hierarchy that prioritizes the inputs used in applying the various valuation techniques . inputs broadly refer to the assumptions that market participants use to make pricing decisions , including assumptions about risk . level 1 inputs are given the highest priority in the fair value hierarchy while level 3 inputs are given the lowest priority . the three levels of the fair value hierarchy are as follows . 2022 level 1 2013 observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets as of the reporting date . active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis . 2022 level 2 2013 observable market-based inputs or unobservable inputs that are corroborated by market data . these are inputs other than quoted prices in active markets included in level 1 , which are either directly or indirectly observable as of the reporting date . 2022 level 3 2013 unobservable inputs that are not corroborated by market data and may be used with internally developed methodologies that result in management 2019s best estimate of fair value . we use a market or income approach for recurring fair value measurements and endeavor to use the best information available . accordingly , valuation techniques that maximize the use of observable inputs are favored . financial assets and liabilities are classified in their entirety based on the lowest priority level of input that is significant to the fair value measurement . the assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the placement of assets and liabilities within the levels of the fair value hierarchy. .\nQuestion: what was the total value of goodwill at the end of 2007?\nAnswer: 2899.0\nQuestion: what was the value at the end of 2008?\nAnswer: 1447.0\nQuestion: what is the net change in value?\nAnswer: 1452.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.50086" } ]
CONVFINQA10262	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nduring the year ended december 31 , 2011 , we granted 354660 performance share units having a fair value based on our grant date closing stock price of $ 28.79 . these units are payable in stock and are subject to certain financial performance criteria . the fair value of these performance share unit awards is based on the grant date closing stock price of each respective award grant and will apply to the number of units ultimately awarded . the number of shares ultimately issued for each award will be based on our financial performance as compared to peer group companies over the performance period and can range from zero to 200% ( 200 % ) . as of december 31 , 2011 , estimated share payouts for outstanding non-vested performance share unit awards ranged from 150% ( 150 % ) to 195% ( 195 % ) . for the legacy frontier performance share units assumed at july 1 , 2011 , performance is based on market performance criteria , which is calculated as the total shareholder return achieved by hollyfrontier stockholders compared with the average shareholder return achieved by an equally-weighted peer group of independent refining companies over a three-year period . these share unit awards are payable in stock based on share price performance relative to the defined peer group and can range from zero to 125% ( 125 % ) of the initial target award . these performance share units were valued at july 1 , 2011 using a monte carlo valuation model , which simulates future stock price movements using key inputs including grant date and measurement date stock prices , expected stock price performance , expected rate of return and volatility of our stock price relative to the peer group over the three-year performance period . the fair value of these performance share units at july 1 , 2011 was $ 8.6 million . of this amount , $ 7.3 million relates to post-merger services and will be recognized ratably over the remaining service period through 2013 . a summary of performance share unit activity and changes during the year ended december 31 , 2011 is presented below: . <table class='wikitable'><tr><td>1</td><td>performance share units</td><td>grants</td></tr><tr><td>2</td><td>outstanding at january 1 2011 ( non-vested )</td><td>556186</td></tr><tr><td>3</td><td>granted ( 1 )</td><td>354660</td></tr><tr><td>4</td><td>vesting and transfer of ownership to recipients</td><td>-136058 ( 136058 )</td></tr><tr><td>5</td><td>outstanding at december 31 2011 ( non-vested )</td><td>774788</td></tr></table> ( 1 ) includes 225116 non-vested performance share grants under the legacy frontier plan that were outstanding and retained by hollyfrontier at july 1 , 2011 . for the year ended december 31 , 2011 we issued 178148 shares of our common stock having a fair value of $ 2.6 million related to vested performance share units . based on the weighted average grant date fair value of $ 20.71 there was $ 11.7 million of total unrecognized compensation cost related to non-vested performance share units . that cost is expected to be recognized over a weighted-average period of 1.1 years . note 7 : cash and cash equivalents and investments in marketable securities our investment portfolio at december 31 , 2011 consisted of cash , cash equivalents and investments in debt securities primarily issued by government and municipal entities . we also hold 1000000 shares of connacher oil and gas limited common stock that was received as partial consideration upon the sale of our montana refinery in we invest in highly-rated marketable debt securities , primarily issued by government and municipal entities that have maturities at the date of purchase of greater than three months . we also invest in other marketable debt securities with the maximum maturity or put date of any individual issue generally not greater than two years from the date of purchase . all of these instruments , including investments in equity securities , are classified as available- for-sale . as a result , they are reported at fair value using quoted market prices . interest income is recorded as earned . unrealized gains and losses , net of related income taxes , are reported as a component of accumulated other comprehensive income . upon sale , realized gains and losses on the sale of marketable securities are computed based on the specific identification of the underlying cost of the securities sold and the unrealized gains and losses previously reported in other comprehensive income are reclassified to current earnings. .\nQuestion: what was the fair value of the performance share units in july 2011, in millions?\nAnswer: 8.6\nQuestion: of that amount, how much is related to post-merger services, also in millions?\n" }, { "role": "agent", "content": "7.3" } ]
CONVFINQA9449	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndiscount to brent was narrower in 2013 than in 2012 and 2011 . as a result of the significant increase in u.s . production of light sweet crude oil , the historical relationship between wti , brent and lls pricing may not be indicative of future periods . composition 2013 the proportion of our liquid hydrocarbon sales volumes that are ngls continues to increase due to our development of united states unconventional liquids-rich plays . ngls were 15 percent of our north america e&p liquid hydrocarbon sales volumes in 2013 compared to 10 percent in 2012 and 7 percent in 2011 . natural gas 2013 a significant portion of our natural gas production in the u.s . is sold at bid-week prices , or first-of-month indices relative to our specific producing areas . average henry hub settlement prices for natural gas were 31 percent higher for 2013 than for 2012 . international e&p liquid hydrocarbons 2013 our international e&p crude oil production is relatively sweet and has historically sold in relation to the brent crude benchmark , which on average was 3 percent lower for 2013 than 2012 . natural gas 2013 our major international e&p natural gas-producing regions are europe and e.g . natural gas prices in europe have been considerably higher than the u.s . in recent years . in the case of e.g. , our natural gas sales are subject to term contracts , making realized prices in these areas less volatile . the natural gas sales from e.g . are at fixed prices ; therefore , our reported average international e&p natural gas realized prices may not fully track market price movements . oil sands mining the oil sands mining segment produces and sells various qualities of synthetic crude oil . output mix can be impacted by operational problems or planned unit outages at the mines or upgrader . sales prices for roughly two-thirds of the normal output mix has historically tracked movements in wti and one-third has historically tracked movements in the canadian heavy crude oil marker , primarily wcs . the wcs discount to wti has been increasing on average in each year presented below . despite a wider wcs discount in 2013 , our average oil sands mining price realizations increased due to a greater proportion of higher value synthetic crude oil sales volumes compared to 2012 . the operating cost structure of the oil sands mining operations is predominantly fixed and therefore many of the costs incurred in times of full operation continue during production downtime . per-unit costs are sensitive to production rates . key variable costs are natural gas and diesel fuel , which track commodity markets such as the aeco natural gas sales index and crude oil prices , respectively . the table below shows average benchmark prices that impact both our revenues and variable costs: . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 98.05</td><td>$ 94.15</td><td>$ 95.11</td></tr><tr><td>3</td><td>wcs ( dollars per bbl ) ( a )</td><td>$ 72.77</td><td>$ 73.18</td><td>$ 77.97</td></tr><tr><td>4</td><td>aeco natural gas sales index ( dollars per mmbtu ) ( b )</td><td>$ 3.08</td><td>$ 2.39</td><td>$ 3.68</td></tr></table> wcs ( dollars per bbl ) ( a ) $ 72.77 $ 73.18 $ 77.97 aeco natural gas sales index ( dollars per mmbtu ) ( b ) $ 3.08 $ 2.39 $ 3.68 ( a ) monthly pricing based upon average wti adjusted for differentials unique to western canada . ( b ) monthly average day ahead index. .\nQuestion: what was the value of the aeco natural gas sales index in 2013?\n" }, { "role": "agent", "content": "3.08" } ]
CONVFINQA440	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfuture impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .\nQuestion: what was the value of contract generation in 2001?\nAnswer: 2.5\nQuestion: what was the value of competitive supply?\nAnswer: 2.7\nQuestion: what is the sum of those?\nAnswer: 5.2\nQuestion: what is the sum including large utilities from 2001?\n" }, { "role": "agent", "content": "7.6" } ]
CONVFINQA2045	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy texas , inc . and subsidiaries management 2019s financial discussion and analysis gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased primarily due to the base rate increases and the volume/weather effect , as discussed above . fuel and purchased power expenses increased primarily due to an increase in demand coupled with an increase in deferred fuel expense as a result of lower fuel refunds in 2011 versus 2010 , partially offset by a decrease in the average market price of natural gas . other regulatory charges decreased primarily due to the distribution in the first quarter 2011 of $ 17.4 million to customers of the 2007 rough production cost equalization remedy receipts . see note 2 to the financial statements for further discussion of the rough production cost equalization proceedings . 2010 compared to 2009 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2010 to 2009 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2009 net revenue</td><td>$ 485.1</td></tr><tr><td>3</td><td>net wholesale revenue</td><td>27.7</td></tr><tr><td>4</td><td>volume/weather</td><td>27.2</td></tr><tr><td>5</td><td>rough production cost equalization</td><td>18.6</td></tr><tr><td>6</td><td>retail electric price</td><td>16.3</td></tr><tr><td>7</td><td>securitization transition charge</td><td>15.3</td></tr><tr><td>8</td><td>purchased power capacity</td><td>-44.3 ( 44.3 )</td></tr><tr><td>9</td><td>other</td><td>-5.7 ( 5.7 )</td></tr><tr><td>10</td><td>2010 net revenue</td><td>$ 540.2</td></tr></table> the net wholesale revenue variance is primarily due to increased sales to municipal and co-op customers due to the addition of new contracts . the volume/weather variance is primarily due to increased electricity usage primarily in the residential and commercial sectors , resulting from a 1.5% ( 1.5 % ) increase in customers , coupled with the effect of more favorable weather on residential sales . billed electricity usage increased a total of 777 gwh , or 5% ( 5 % ) . the rough production cost equalization variance is due to an additional $ 18.6 million allocation recorded in the second quarter of 2009 for 2007 rough production cost equalization receipts ordered by the puct to texas retail customers over what was originally allocated to entergy texas prior to the jurisdictional separation of entergy gulf states , inc . into entergy gulf states louisiana and entergy texas , effective december 2007 , as discussed in note 2 to the financial statements . the retail electric price variance is primarily due to rate actions , including an annual base rate increase of $ 59 million beginning august 2010 as a result of the settlement of the december 2009 rate case . see note 2 to the financial statements for further discussion of the rate case settlement . the securitization transition charge variance is due to the issuance of securitization bonds . in november 2009 , entergy texas restoration funding , llc , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . the securitization transition charge is offset with a corresponding increase in interest on long-term debt with no impact on net income . see note 5 to the financial statements for further discussion of the securitization bond issuance. .\nQuestion: what was the net change in value of net revenues from 2009 to 2010?\n" }, { "role": "agent", "content": "55.1" } ]
CONVFINQA9780	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis 110 jpmorgan chase & co./2013 annual report 2012 compared with 2011 net loss was $ 2.0 billion , compared with a net income of $ 919 million in the prior year . private equity reported net income of $ 292 million , compared with net income of $ 391 million in the prior year . net revenue was $ 601 million , compared with $ 836 million in the prior year , due to lower unrealized and realized gains on private investments , partially offset by higher unrealized gains on public securities . noninterest expense was $ 145 million , down from $ 238 million in the prior year . treasury and cio reported a net loss of $ 2.1 billion , compared with net income of $ 1.3 billion in the prior year . net revenue was a loss of $ 3.1 billion , compared with net revenue of $ 3.2 billion in the prior year . the current year loss reflected $ 5.8 billion of losses incurred by cio from the synthetic credit portfolio for the six months ended june 30 , 2012 , and $ 449 million of losses from the retained index credit derivative positions for the three months ended september 30 , 2012 . these losses were partially offset by securities gains of $ 2.0 billion . the current year revenue reflected $ 888 million of extinguishment gains related to the redemption of trust preferred securities , which are included in all other income in the above table . the extinguishment gains were related to adjustments applied to the cost basis of the trust preferred securities during the period they were in a qualified hedge accounting relationship . net interest income was negative $ 683 million , compared with $ 1.4 billion in the prior year , primarily reflecting the impact of lower portfolio yields and higher deposit balances across the firm . other corporate reported a net loss of $ 221 million , compared with a net loss of $ 821 million in the prior year . noninterest revenue of $ 1.8 billion was driven by a $ 1.1 billion benefit for the washington mutual bankruptcy settlement , which is included in all other income in the above table , and a $ 665 million gain from the recovery on a bear stearns-related subordinated loan . noninterest expense of $ 3.8 billion was up $ 1.0 billion compared with the prior year . the current year included expense of $ 3.7 billion for additional litigation reserves , largely for mortgage-related matters . the prior year included expense of $ 3.2 billion for additional litigation reserves . treasury and cio overview treasury and cio are predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding and structural interest rate and foreign exchange risks , as well as executing the firm 2019s capital plan . the risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off-balance sheet assets and liabilities . cio achieves the firm 2019s asset-liability management objectives generally by investing in high-quality securities that are managed for the longer-term as part of the firm 2019s afs and htm investment securities portfolios ( the 201cinvestment securities portfolio 201d ) . cio also uses derivatives , as well as securities that are not classified as afs or htm , to meet the firm 2019s asset-liability management objectives . for further information on derivatives , see note 6 on pages 220 2013233 of this annual report . for further information about securities not classified within the afs or htm portfolio , see note 3 on pages 195 2013215 of this annual report . the treasury and cio investment securities portfolio primarily consists of u.s . and non-u.s . government securities , agency and non-agency mortgage-backed securities , other asset-backed securities , corporate debt securities and obligations of u.s . states and municipalities . at december 31 , 2013 , the total treasury and cio investment securities portfolio was $ 347.6 billion ; the average credit rating of the securities comprising the treasury and cio investment securities portfolio was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) . see note 12 on pages 249 2013254 of this annual report for further information on the details of the firm 2019s investment securities portfolio . for further information on liquidity and funding risk , see liquidity risk management on pages 168 2013173 of this annual report . for information on interest rate , foreign exchange and other risks , treasury and cio value-at-risk ( 201cvar 201d ) and the firm 2019s structural interest rate-sensitive revenue at risk , see market risk management on pages 142 2013148 of this annual report . selected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2013 2012 2011 . <table class='wikitable'><tr><td>1</td><td>as of or for the year ended december 31 ( in millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>securities gains</td><td>$ 659</td><td>$ 2028</td><td>$ 1385</td></tr><tr><td>3</td><td>investment securities portfolio ( average )</td><td>353712</td><td>358029</td><td>330885</td></tr><tr><td>4</td><td>investment securities portfolio ( period 2013end ) ( a )</td><td>347562</td><td>365421</td><td>355605</td></tr><tr><td>5</td><td>mortgage loans ( average )</td><td>5145</td><td>10241</td><td>13006</td></tr><tr><td>6</td><td>mortgage loans ( period-end )</td><td>3779</td><td>7037</td><td>13375</td></tr></table> ( a ) period-end investment securities included held-to-maturity balance of $ 24.0 billion at december 31 , 2013 . held-to-maturity balances for the other periods were not material. .\nQuestion: what is the value of investment securities portfolio (average) in 2013 divided by 1000?\nAnswer: 347.562\nQuestion: what was the balance of investment securities included held-to-maturity at the end of 2013?\n" }, { "role": "agent", "content": "24.0" } ]
CONVFINQA8064	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvolatility of capital markets or macroeconomic factors could adversely affect our business . changes in financial and capital markets , including market disruptions , limited liquidity , uncertainty regarding brexit , and interest rate volatility , including as a result of the use or discontinued use of certain benchmark rates such as libor , may increase the cost of financing as well as the risks of refinancing maturing debt . in addition , our borrowing costs can be affected by short and long-term ratings assigned by rating organizations . a decrease in these ratings could limit our access to capital markets and increase our borrowing costs , which could materially and adversely affect our financial condition and operating results . some of our customers and counterparties are highly leveraged . consolidations in some of the industries in which our customers operate have created larger customers , some of which are highly leveraged and facing increased competition and continued credit market volatility . these factors have caused some customers to be less profitable , increasing our exposure to credit risk . a significant adverse change in the financial and/or credit position of a customer or counterparty could require us to assume greater credit risk relating to that customer or counterparty and could limit our ability to collect receivables . this could have an adverse impact on our financial condition and liquidity . item 1b . unresolved staff comments . item 2 . properties . our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois . our co-headquarters are leased and house certain executive offices , our u.s . business units , and our administrative , finance , legal , and human resource functions . we maintain additional owned and leased offices throughout the regions in which we operate . we manufacture our products in our network of manufacturing and processing facilities located throughout the world . as of december 29 , 2018 , we operated 84 manufacturing and processing facilities . we own 81 and lease three of these facilities . our manufacturing and processing facilities count by segment as of december 29 , 2018 was: . <table class='wikitable'><tr><td>1</td><td>-</td><td>owned</td><td>leased</td></tr><tr><td>2</td><td>united states</td><td>40</td><td>1</td></tr><tr><td>3</td><td>canada</td><td>2</td><td>2014</td></tr><tr><td>4</td><td>emea</td><td>12</td><td>2014</td></tr><tr><td>5</td><td>rest of world</td><td>27</td><td>2</td></tr></table> we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs . we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products . in the fourth quarter of 2018 , we announced our plans to divest certain assets and operations , predominantly in canada and india , including one owned manufacturing facility in canada and one owned and one leased facility in india . see note 5 , acquisitions and divestitures , in item 8 , financial statements and supplementary data , for additional information on these transactions . item 3 . legal proceedings . see note 18 , commitments and contingencies , in item 8 , financial statements and supplementary data . item 4 . mine safety disclosures . not applicable . part ii item 5 . market for registrant's common equity , related stockholder matters and issuer purchases of equity securities . our common stock is listed on nasdaq under the ticker symbol 201ckhc 201d . at june 5 , 2019 , there were approximately 49000 holders of record of our common stock . see equity and dividends in item 7 , management 2019s discussion and analysis of financial condition and results of operations , for a discussion of cash dividends declared on our common stock. .\nQuestion: what is the number of facilities located in the rest of the world?\n" }, { "role": "agent", "content": "29.0" } ]
CONVFINQA8273	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . our series a common stock , series b common stock and series c common stock are listed and traded on the nasdaq global select market ( 201cnasdaq 201d ) under the symbols 201cdisca , 201d 201cdiscb 201d and 201cdisck , 201d respectively . the following table sets forth , for the periods indicated , the range of high and low sales prices per share of our series a common stock , series b common stock and series c common stock as reported on yahoo! finance ( finance.yahoo.com ) . series a common stock series b common stock series c common stock high low high low high low fourth quarter $ 23.73 $ 16.28 $ 26.80 $ 20.00 $ 22.47 $ 15.27 third quarter $ 27.18 $ 20.80 $ 27.90 $ 22.00 $ 26.21 $ 19.62 second quarter $ 29.40 $ 25.11 $ 29.55 $ 25.45 $ 28.90 $ 24.39 first quarter $ 29.62 $ 26.34 $ 29.65 $ 27.55 $ 28.87 $ 25.76 fourth quarter $ 29.55 $ 25.01 $ 30.50 $ 26.00 $ 28.66 $ 24.20 third quarter $ 26.97 $ 24.27 $ 28.00 $ 25.21 $ 26.31 $ 23.44 second quarter $ 29.31 $ 23.73 $ 29.34 $ 24.15 $ 28.48 $ 22.54 first quarter $ 29.42 $ 24.33 $ 29.34 $ 24.30 $ 28.00 $ 23.81 as of february 21 , 2018 , there were approximately 1308 , 75 and 1414 record holders of our series a common stock , series b common stock and series c common stock , respectively . these amounts do not include the number of shareholders whose shares are held of record by banks , brokerage houses or other institutions , but include each such institution as one shareholder . we have not paid any cash dividends on our series a common stock , series b common stock or series c common stock , and we have no present intention to do so . payment of cash dividends , if any , will be determined by our board of directors after consideration of our earnings , financial condition and other relevant factors such as our credit facility's restrictions on our ability to declare dividends in certain situations . purchases of equity securities the following table presents information about our repurchases of common stock that were made through open market transactions during the three months ended december 31 , 2017 ( in millions , except per share amounts ) . period total number of series c shares purchased average paid per share : series c ( a ) total number of shares purchased as part of publicly announced plans or programs ( b ) ( c ) approximate dollar value of shares that may yet be purchased under the plans or programs ( a ) ( b ) october 1 , 2017 - october 31 , 2017 2014 $ 2014 2014 $ 2014 november 1 , 2017 - november 30 , 2017 2014 $ 2014 2014 $ 2014 december 1 , 2017 - december 31 , 2017 2014 $ 2014 2014 $ 2014 total 2014 2014 $ 2014 ( a ) the amounts do not give effect to any fees , commissions or other costs associated with repurchases of shares . ( b ) under the stock repurchase program , management was authorized to purchase shares of the company's common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices or pursuant to one or more accelerated stock repurchase agreements or other derivative arrangements as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors . the company's authorization under the program expired on october 8 , 2017 and we have not repurchased any shares of common stock since then . we historically have funded and in the future may fund stock repurchases through a combination of cash on hand and cash generated by operations and the issuance of debt . in the future , if further authorization is provided , we may also choose to fund stock repurchases through borrowings under our revolving credit facility or future financing transactions . there were no repurchases of our series a and b common stock during 2017 and no repurchases of series c common stock during the three months ended december 31 , 2017 . the company first announced its stock repurchase program on august 3 , 2010 . ( c ) we entered into an agreement with advance/newhouse to repurchase , on a quarterly basis , a number of shares of series c-1 convertible preferred stock convertible into a number of shares of series c common stock . we did not convert any any shares of series c-1 convertible preferred stock during the three months ended december 31 , 2017 . there are no planned repurchases of series c-1 convertible preferred stock for the first quarter of 2018 as there were no repurchases of series a or series c common stock during the three months ended december 31 , 2017 . stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc . class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on december 31 , 2012 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2013 , 2014 , 2015 , 2016 and 2017 . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312012</td><td>december 312013</td><td>december 312014</td><td>december 312015</td><td>december 312016</td><td>december 312017</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 139.42</td><td>$ 106.23</td><td>$ 82.27</td><td>$ 84.53</td><td>$ 69.01</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 144.61</td><td>$ 116.45</td><td>$ 85.03</td><td>$ 91.70</td><td>$ 78.01</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 143.35</td><td>$ 115.28</td><td>$ 86.22</td><td>$ 91.56</td><td>$ 72.38</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 129.60</td><td>$ 144.36</td><td>$ 143.31</td><td>$ 156.98</td><td>$ 187.47</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 163.16</td><td>$ 186.87</td><td>$ 180.10</td><td>$ 200.65</td><td>$ 208.79</td></tr></table> .\nQuestion: as of february 21, 2018, what was the total number of shareholders of series a and b common stock?\nAnswer: 1383.0\nQuestion: including the series c common stock, what becomes this total?\nAnswer: 2797.0\nQuestion: and in the year before, what was the value of the disck?\nAnswer: 72.38\nQuestion: and what was that for the s&p 500?\n" }, { "role": "agent", "content": "187.47" } ]
CONVFINQA2839	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy arkansas , inc . management's financial discussion and analysis gross operating revenues and fuel and purchased power expenses gross operating revenues increased primarily due to : an increase of $ 114 million in gross wholesale revenue due to an increase in the average price of energy available for resale sales and an increase in sales to affiliated customers ; an increase of $ 106.1 million in production cost allocation rider revenues which became effective in july 2007 as a result of the system agreement proceedings . as a result of the system agreement proceedings , entergy arkansas also has a corresponding increase in deferred fuel expense for payments to other entergy system companies such that there is no effect on net income . entergy arkansas makes payments over a seven-month period but collections from customers occur over a twelve-month period . the production cost allocation rider is discussed in note 2 to the financial statements and the system agreement proceedings are referenced below under \"federal regulation\" ; and an increase of $ 58.9 million in fuel cost recovery revenues due to changes in the energy cost recovery rider effective april 2008 and september 2008 , partially offset by decreased usage . the energy cost recovery rider filings are discussed in note 2 to the financial statements . the increase was partially offset by a decrease of $ 14.6 million related to volume/weather , as discussed above . fuel and purchased power expenses increased primarily due to an increase of $ 106.1 million in deferred system agreement payments , as discussed above and an increase in the average market price of purchased power . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 1074.5</td></tr><tr><td>3</td><td>net wholesale revenue</td><td>13.2</td></tr><tr><td>4</td><td>transmission revenue</td><td>11.8</td></tr><tr><td>5</td><td>deferred fuel costs revisions</td><td>8.6</td></tr><tr><td>6</td><td>other</td><td>2.5</td></tr><tr><td>7</td><td>2007 net revenue</td><td>$ 1110.6</td></tr></table> the net wholesale revenue variance is primarily due to lower wholesale revenues in the third quarter 2006 due to an october 2006 ferc order requiring entergy arkansas to make a refund to a coal plant co-owner resulting from a contract dispute , in addition to re-pricing revisions , retroactive to 2003 , of $ 5.9 million of purchased power agreements among entergy system companies as directed by the ferc . the transmission revenue variance is primarily due to higher rates and the addition of new transmission customers in late 2006 . the deferred fuel cost revisions variance is primarily due to the 2006 energy cost recovery true-up , made in the first quarter 2007 , which increased net revenue by $ 6.6 million . gross operating revenue and fuel and purchased power expenses gross operating revenues decreased primarily due to a decrease of $ 173.1 million in fuel cost recovery revenues due to a decrease in the energy cost recovery rider effective april 2007 . the energy cost recovery rider is discussed in note 2 to the financial statements . the decrease was partially offset by production cost allocation rider revenues of $ 124.1 million that became effective in july 2007 as a result of the system agreement proceedings . as .\nQuestion: what was the difference in net revenue between 2006 and 2007?\n" }, { "role": "agent", "content": "-36.1" } ]
CONVFINQA3367	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following table summarizes the changes in the company 2019s valuation allowance: . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2011</td><td>$ 23788</td></tr><tr><td>2</td><td>increases in current period tax positions</td><td>1525</td></tr><tr><td>3</td><td>decreases in current period tax positions</td><td>-3734 ( 3734 )</td></tr><tr><td>4</td><td>balance at december 31 2011</td><td>$ 21579</td></tr><tr><td>5</td><td>increases in current period tax positions</td><td>0</td></tr><tr><td>6</td><td>decreases in current period tax positions</td><td>-2059 ( 2059 )</td></tr><tr><td>7</td><td>balance at december 31 2012</td><td>$ 19520</td></tr><tr><td>8</td><td>increases in current period tax positions</td><td>0</td></tr><tr><td>9</td><td>decreases in current period tax positions</td><td>-5965 ( 5965 )</td></tr><tr><td>10</td><td>balance at december 31 2013</td><td>$ 13555</td></tr></table> included in 2013 is a discrete tax benefit totaling $ 2979 associated with an entity re-organization within the company 2019s market-based segment that allowed for the utilization of state net operating loss carryforwards and the release of an associated valuation allowance . note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations . benefits under the plans are based on the employee 2019s years of service and compensation . the pension plans have been closed for all employees . the pension plans were closed for most employees hired on or after january 1 , 2006 . union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement . union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan . the company does not participate in a multiemployer plan . the company 2019s pension funding practice is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost . further , the company will consider additional contributions if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 . the company may also consider increased contributions , based on other financial requirements and the plans 2019 funded position . pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities , guaranteed interest contracts with insurance companies and real estate investment trusts ( 201creits 201d ) . pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans . ( see note 6 ) the company also has unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees . the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees . the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 . the plans had previously closed for non-union employees hired on or after january 1 , 2002 . the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes . assets of the plans are invested in equity mutual funds , bond mutual funds and fixed income securities. .\nQuestion: what was the decrease in the tax position in 2011?\nAnswer: 3734.0\nQuestion: and what was it in 2012?\n" }, { "role": "agent", "content": "2059.0" } ]
CONVFINQA9205	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nin emerging markets , such as ghana , india , nigeria and uganda , wireless networks tend to be significantly less advanced than those in the united states , and initial voice networks continue to be deployed in underdeveloped areas . a majority of consumers in these markets still utilize basic wireless services , predominantly on feature phones , while advanced device penetration remains low . in more developed urban locations within these markets , early-stage data network deployments are underway . carriers are focused on completing voice network build-outs while also investing in initial data networks as wireless data usage and smartphone penetration within their customer bases begin to accelerate . in markets with rapidly evolving network technology , such as south africa and most of the countries in latin america where we do business , initial voice networks , for the most part , have already been built out , and carriers are focused on 3g and 4g network build outs . consumers in these regions are increasingly adopting smartphones and other advanced devices , and , as a result , the usage of bandwidth-intensive mobile applications is growing materially . recent spectrum auctions in these rapidly evolving markets have allowed incumbent carriers to accelerate their data network deployments and have also enabled new entrants to begin initial investments in data networks . smartphone penetration and wireless data usage in these markets are growing rapidly , which typically requires that carriers continue to invest in their networks in order to maintain and augment their quality of service . finally , in markets with more mature network technology , such as germany and france , carriers are focused on deploying 4g data networks to account for rapidly increasing wireless data usage among their customer base . with higher smartphone and advanced device penetration and significantly higher per capita data usage , carrier investment in networks is focused on 4g coverage and capacity . we believe that the network technology migration we have seen in the united states , which has led to significantly denser networks and meaningful new business commencements for us over a number of years , will ultimately be replicated in our less advanced international markets . as a result , we expect to be able to leverage our extensive international portfolio of approximately 104470 communications sites and the relationships we have built with our carrier customers to drive sustainable , long-term growth . we have master lease agreements with certain of our tenants that provide for consistent , long-term revenue and reduce the likelihood of churn . our master lease agreements build and augment strong strategic partnerships with our tenants and have significantly reduced colocation cycle times , thereby providing our tenants with the ability to rapidly and efficiently deploy equipment on our sites . property operations new site revenue growth . during the year ended december 31 , 2016 , we grew our portfolio of communications real estate through the acquisition and construction of approximately 45310 sites . in a majority of our asia , emea and latin america markets , the revenue generated from newly acquired or constructed sites resulted in increases in both tenant and pass-through revenues ( such as ground rent or power and fuel costs ) and expenses . we continue to evaluate opportunities to acquire communications real estate portfolios , both domestically and internationally , to determine whether they meet our risk-adjusted hurdle rates and whether we believe we can effectively integrate them into our existing portfolio. . <table class='wikitable'><tr><td>1</td><td>new sites ( acquired or constructed )</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>u.s .</td><td>65</td><td>11595</td><td>900</td></tr><tr><td>3</td><td>asia</td><td>43865</td><td>2330</td><td>1560</td></tr><tr><td>4</td><td>emea</td><td>665</td><td>4910</td><td>190</td></tr><tr><td>5</td><td>latin america</td><td>715</td><td>6535</td><td>5800</td></tr></table> property operations expenses . direct operating expenses incurred by our property segments include direct site level expenses and consist primarily of ground rent and power and fuel costs , some or all of which may be passed through to our tenants , as well as property taxes , repairs and maintenance . these segment direct operating expenses exclude all segment and corporate selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense in our consolidated statements of operations . in general , our property segments 2019 selling , general , administrative and development expenses do not significantly increase as a result of adding incremental tenants to our sites and typically increase only modestly year-over-year . as a result , leasing additional space to new tenants on our sites provides significant incremental cash flow . we may , however , incur additional segment selling , general , administrative and development expenses as we increase our presence in our existing markets or expand into new markets . our profit margin growth is therefore positively impacted by the addition of new tenants to our sites but can be temporarily diluted by our development activities. .\nQuestion: what were the number of new sites acquired and constructed in the u.s. in 2015?\n" }, { "role": "agent", "content": "11595.0" } ]
CONVFINQA2820	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nn o t e s t o t h e c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries 20 . statutory financial information the company 2019s insurance and reinsurance subsidiaries are subject to insurance laws and regulations in the jurisdictions in which they operate . these regulations include restrictions that limit the amount of dividends or other distributions , such as loans or cash advances , available to shareholders without prior approval of the insurance regulatory authorities . there are no statutory restrictions on the payment of dividends from retained earnings by any of the bermuda subsidiaries as the minimum statutory capital and surplus requirements are satisfied by the share capital and additional paid-in capital of each of the bermuda subsidiaries . the company 2019s u.s . subsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by insurance regulators . statutory accounting differs from gaap in the reporting of certain reinsurance contracts , investments , subsidiaries , acquis- ition expenses , fixed assets , deferred income taxes , and certain other items . the statutory capital and surplus of the u.s . subsidiaries met regulatory requirements for 2009 , 2008 , and 2007 . the amount of dividends available to be paid in 2010 , without prior approval from the state insurance departments , totals $ 733 million . the combined statutory capital and surplus and statutory net income of the bermuda and u.s . subsidiaries as at and for the years ended december 31 , 2009 , 2008 , and 2007 , are as follows: . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars )</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>bermuda subsidiaries 2007</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>2007</td></tr><tr><td>2</td><td>statutory capital and surplus</td><td>$ 9299</td><td>$ 6205</td><td>$ 8579</td><td>$ 5801</td><td>$ 5368</td><td>$ 5321</td></tr><tr><td>3</td><td>statutory net income</td><td>$ 2472</td><td>$ 2196</td><td>$ 1535</td><td>$ 870</td><td>$ 818</td><td>$ 873</td></tr></table> as permitted by the restructuring discussed previously in note 7 , certain of the company 2019s u.s . subsidiaries discount certain a&e liabilities , which increased statutory capital and surplus by approximately $ 215 million , $ 211 million , and $ 140 million at december 31 , 2009 , 2008 , and 2007 , respectively . the company 2019s international subsidiaries prepare statutory financial statements based on local laws and regulations . some jurisdictions impose complex regulatory requirements on insurance companies while other jurisdictions impose fewer requirements . in some countries , the company must obtain licenses issued by governmental authorities to conduct local insurance business . these licenses may be subject to reserves and minimum capital and solvency tests . jurisdictions may impose fines , censure , and/or criminal sanctions for violation of regulatory requirements . 21 . information provided in connection with outstanding debt of subsidiaries the following tables present condensed consolidating financial information at december 31 , 2009 , and december 31 , 2008 , and for the years ended december 31 , 2009 , 2008 , and 2007 , for ace limited ( the parent guarantor ) and its 201csubsidiary issuer 201d , ace ina holdings , inc . the subsidiary issuer is an indirect 100 percent-owned subsidiary of the parent guarantor . investments in subsidiaries are accounted for by the parent guarantor under the equity method for purposes of the supplemental consolidating presentation . earnings of subsidiaries are reflected in the parent guarantor 2019s investment accounts and earnings . the parent guarantor fully and unconditionally guarantees certain of the debt of the subsidiary issuer. .\nQuestion: what was the net income in 2009 for bermuda subsidiaries?\nAnswer: 2472.0\nQuestion: and in 2008?\nAnswer: 2196.0\nQuestion: so what was the difference between these two years?\nAnswer: 276.0\nQuestion: and the value for 2008 again?\n" }, { "role": "agent", "content": "2196.0" } ]
CONVFINQA4236	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios . the company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 . the company has never borrowed under its domestic revolving credit facilities . utilization of the non-u.s . credit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested . contractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 . payments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>payments due by period ( 1 ) total</td><td>payments due by period ( 1 ) 2006</td><td>payments due by period ( 1 ) 2007</td><td>payments due by period ( 1 ) 2008</td><td>payments due by period ( 1 ) 2009</td><td>payments due by period ( 1 ) 2010</td><td>payments due by period ( 1 ) thereafter</td></tr><tr><td>2</td><td>long-term debt obligations</td><td>$ 4033</td><td>$ 119</td><td>$ 1222</td><td>$ 200</td><td>$ 2</td><td>$ 529</td><td>$ 1961</td></tr><tr><td>3</td><td>lease obligations</td><td>1150</td><td>438</td><td>190</td><td>134</td><td>109</td><td>84</td><td>195</td></tr><tr><td>4</td><td>purchase obligations</td><td>992</td><td>418</td><td>28</td><td>3</td><td>2</td><td>2</td><td>539</td></tr><tr><td>5</td><td>total contractual obligations</td><td>$ 6175</td><td>$ 975</td><td>$ 1440</td><td>$ 337</td><td>$ 113</td><td>$ 615</td><td>$ 2695</td></tr></table> ( 1 ) amounts included represent firm , non-cancelable commitments . debt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 . a table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements . as previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 . also , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt . lease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases . at december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion . rental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 . purchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable . the longest of these agreements extends through 2015 . total payments expected to be made under these agreements total $ 992 million . commitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers . most of the agreements extend for periods of one to three years ( three to five years for software ) . however , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) . if the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders . the company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services . these contracts generally extend for 10 years and are expected to expire in 2013 . the total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated . termination would result in a penalty substantially less than the annual contract payments . the company would also be required to find another source for these services , including the possibility of performing them in-house . as is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment . these instruments normally have maturities of up to three years and are standard in the .\nQuestion: what is the net change in the total contractual obligations due from 2006 to 2010?\nAnswer: 360.0\nQuestion: what about the amount of total contractual obligations due in 2006?\nAnswer: 975.0\nQuestion: what percentage change does this represent?\nAnswer: 0.36923\nQuestion: what portion of total obligations are related to long-term debt obligations?\n" }, { "role": "agent", "content": "0.65312" } ]
CONVFINQA732	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmarathon oil corporation notes to consolidated financial statements 7 . dispositions outside-operated norwegian properties 2013 on october 31 , 2008 , we closed the sale of our norwegian outside-operated properties and undeveloped offshore acreage in the heimdal area of the norwegian north sea for net proceeds of $ 301 million , with a pretax gain of $ 254 million as of december 31 , 2008 . pilot travel centers 2013 on october 8 , 2008 , we completed the sale of our 50 percent ownership interest in ptc . sale proceeds were $ 625 million , with a pretax gain on the sale of $ 126 million . immediately preceding the sale , we received a $ 75 million partial redemption of our ownership interest from ptc that was accounted for as a return of investment . operated irish properties 2013 on december 17 , 2008 , we agreed to sell our operated properties located in ireland for proceeds of $ 180 million , before post-closing adjustments and cash on hand at closing . closing is subject to completion of the necessary administrative processes . as of december 31 , 2008 , operating assets and liabilities were classified as held for sale , as disclosed by major class in the following table : ( in millions ) 2008 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td></tr><tr><td>2</td><td>current assets</td><td>$ 164</td></tr><tr><td>3</td><td>noncurrent assets</td><td>103</td></tr><tr><td>4</td><td>total assets</td><td>267</td></tr><tr><td>5</td><td>current liabilities</td><td>62</td></tr><tr><td>6</td><td>noncurrent liabilities</td><td>199</td></tr><tr><td>7</td><td>total liabilities</td><td>261</td></tr><tr><td>8</td><td>net assets held for sale</td><td>$ 6</td></tr></table> 8 . discontinued operations on june 2 , 2006 , we sold our russian oil exploration and production businesses in the khanty-mansiysk region of western siberia . under the terms of the agreement , we received $ 787 million for these businesses , plus preliminary working capital and other closing adjustments of $ 56 million , for a total transaction value of $ 843 million . proceeds net of transaction costs and cash held by the russian businesses at the transaction date totaled $ 832 million . a gain on the sale of $ 243 million ( $ 342 million before income taxes ) was reported in discontinued operations for 2006 . income taxes on this gain were reduced by the utilization of a capital loss carryforward . exploration and production segment goodwill of $ 21 million was allocated to the russian assets and reduced the reported gain . adjustments to the sales price were completed in 2007 and an additional gain on the sale of $ 8 million ( $ 13 million before income taxes ) was recognized . the activities of the russian businesses have been reported as discontinued operations in the consolidated statements of income and the consolidated statements of cash flows for 2006 . revenues applicable to discontinued operations were $ 173 million and pretax income from discontinued operations was $ 45 million for 2006. .\nQuestion: what is the balance of current assets in 2008?\nAnswer: 164.0\nQuestion: what about in the current liabilities?\nAnswer: 62.0\nQuestion: what is the current ratio?\nAnswer: 2.64516\nQuestion: what is the value of current assets?\nAnswer: 164.0\nQuestion: what about the value of non-current assets?\nAnswer: 103.0\nQuestion: what is the sum of total assets?\n" }, { "role": "agent", "content": "267.0" } ]
CONVFINQA6018	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnote 18 2013 earnings per share ( eps ) basic eps is calculated by dividing net earnings attributable to allegion plc by the weighted-average number of ordinary shares outstanding for the applicable period . diluted eps is calculated after adjusting the denominator of the basic eps calculation for the effect of all potentially dilutive ordinary shares , which in the company 2019s case , includes shares issuable under share-based compensation plans . the following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>weighted-average number of basic shares</td><td>95.1</td><td>95.8</td><td>95.9</td></tr><tr><td>3</td><td>shares issuable under incentive stock plans</td><td>0.9</td><td>1.1</td><td>1.0</td></tr><tr><td>4</td><td>weighted-average number of diluted shares</td><td>96.0</td><td>96.9</td><td>96.9</td></tr></table> at december 31 , 2017 , 0.1 million stock options were excluded from the computation of weighted average diluted shares outstanding because the effect of including these shares would have been anti-dilutive . note 19 2013 commitments and contingencies the company is involved in various litigations , claims and administrative proceedings , including those related to environmental and product warranty matters . amounts recorded for identified contingent liabilities are estimates , which are reviewed periodically and adjusted to reflect additional information when it becomes available . subject to the uncertainties inherent in estimating future costs for contingent liabilities , except as expressly set forth in this note , management believes that any liability which may result from these legal matters would not have a material adverse effect on the financial condition , results of operations , liquidity or cash flows of the company . environmental matters the company is dedicated to an environmental program to reduce the utilization and generation of hazardous materials during the manufacturing process and to remediate identified environmental concerns . as to the latter , the company is currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former production facilities . the company regularly evaluates its remediation programs and considers alternative remediation methods that are in addition to , or in replacement of , those currently utilized by the company based upon enhanced technology and regulatory changes . changes to the company's remediation programs may result in increased expenses and increased environmental reserves . the company is sometimes a party to environmental lawsuits and claims and has received notices of potential violations of environmental laws and regulations from the u.s . environmental protection agency and similar state authorities . it has also been identified as a potentially responsible party ( \"prp\" ) for cleanup costs associated with off-site waste disposal at federal superfund and state remediation sites . for all such sites , there are other prps and , in most instances , the company 2019s involvement is minimal . in estimating its liability , the company has assumed it will not bear the entire cost of remediation of any site to the exclusion of other prps who may be jointly and severally liable . the ability of other prps to participate has been taken into account , based on our understanding of the parties 2019 financial condition and probable contributions on a per site basis . additional lawsuits and claims involving environmental matters are likely to arise from time to time in the future . the company incurred $ 3.2 million , $ 23.3 million , and $ 4.4 million of expenses during the years ended december 31 , 2017 , 2016 and 2015 , respectively , for environmental remediation at sites presently or formerly owned or leased by the company . in the fourth-quarter of 2016 , with the collaboration and approval of state regulators , the company launched a proactive , alternative approach to remediate two sites in the united states . this approach will allow the company to more aggressively address environmental conditions at these sites and reduce the impact of potential changes in regulatory requirements . as a result , the company recorded a $ 15 million charge for environmental remediation in the fourth quarter of 2016 . environmental remediation costs are recorded in costs of goods sold within the consolidated statements of comprehensive income . as of december 31 , 2017 and 2016 , the company has recorded reserves for environmental matters of $ 28.9 million and $ 30.6 million . the total reserve at december 31 , 2017 and 2016 included $ 8.9 million and $ 9.6 million related to remediation of sites previously disposed by the company . environmental reserves are classified as accrued expenses and other current liabilities or other noncurrent liabilities based on their expected term . the company's total current environmental reserve at december 31 , 2017 and 2016 was $ 12.6 million and $ 6.1 million and the remainder is classified as noncurrent . given the evolving nature of environmental laws , regulations and technology , the ultimate cost of future compliance is uncertain. .\nQuestion: what was the total expense for environmental remediation at sites in the years of 2016 and 2017, in millions?\n" }, { "role": "agent", "content": "26.5" } ]
CONVFINQA3491	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\njpmorgan chase & co./2016 annual report 35 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced united states of america ( 201cu.s . 201d ) equity benchmark consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of leading national money center and regional banks and thrifts . the s&p financial index is an index of financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2011 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2011 2012 2013 2014 2015 2016 . <table class='wikitable'><tr><td>1</td><td>december 31 ( in dollars )</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>jpmorgan chase</td><td>$ 100.00</td><td>$ 136.18</td><td>$ 186.17</td><td>$ 204.57</td><td>$ 221.68</td><td>$ 298.31</td></tr><tr><td>3</td><td>kbw bank index</td><td>100.00</td><td>133.03</td><td>183.26</td><td>200.42</td><td>201.40</td><td>258.82</td></tr><tr><td>4</td><td>s&p financial index</td><td>100.00</td><td>128.75</td><td>174.57</td><td>201.06</td><td>197.92</td><td>242.94</td></tr><tr><td>5</td><td>s&p 500 index</td><td>100.00</td><td>115.99</td><td>153.55</td><td>174.55</td><td>176.95</td><td>198.10</td></tr></table> december 31 , ( in dollars ) .\nQuestion: what was the change in the value of jpmorgan chase from the original investment in 2011 to 2016?\n" }, { "role": "agent", "content": "198.31" } ]
CONVFINQA2596	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nimprovements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years . goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review . we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment . in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products . we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment . goodwill is assigned to one or more reporting segments on the date of acquisition . we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill . to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows . our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors . we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists . we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable . when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows . if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets . we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 . our intangible assets are amortized over their estimated useful lives of 1 to 13 years . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed . the weighted average useful lives of our intangibles assets was as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>weighted averageuseful life ( years )</td></tr><tr><td>2</td><td>purchased technology</td><td>6</td></tr><tr><td>3</td><td>customer contracts and relationships</td><td>10</td></tr><tr><td>4</td><td>trademarks</td><td>7</td></tr><tr><td>5</td><td>acquired rights to use technology</td><td>9</td></tr><tr><td>6</td><td>localization</td><td>1</td></tr><tr><td>7</td><td>other intangibles</td><td>3</td></tr></table> weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate . amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed . to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material . internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage . such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications . capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose . table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\nQuestion: what was the number of weighted average useful life years for customer contracts and relationships?\n" }, { "role": "agent", "content": "10.0" } ]
CONVFINQA4949	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nunconditional purchase obligations approximately $ 390 of our long-term unconditional purchase obligations relate to feedstock supply for numerous hyco ( hydrogen , carbon monoxide , and syngas ) facilities . the price of feedstock supply is principally related to the price of natural gas . however , long-term take-or-pay sales contracts to hyco customers are generally matched to the term of the feedstock supply obligations and provide recovery of price increases in the feedstock supply . due to the matching of most long-term feedstock supply obligations to customer sales contracts , we do not believe these purchase obligations would have a material effect on our financial condition or results of operations . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information on our unconditional purchase obligations . the unconditional purchase obligations also include other product supply and purchase commitments and electric power and natural gas supply purchase obligations , which are primarily pass-through contracts with our customers . in addition , purchase commitments to spend approximately $ 540 for additional plant and equipment are included in the unconditional purchase obligations in 2016 . we also purchase materials , energy , capital equipment , supplies , and services as part of the ordinary course of business under arrangements that are not unconditional purchase obligations . the majority of such purchases are for raw materials and energy , which are obtained under requirements-type contracts at market prices . obligation for future contribution to an equity affiliate on 19 april 2015 , a joint venture between air products and acwa holding entered into a 20-year oxygen and nitrogen supply agreement to supply saudi aramco 2019s oil refinery and power plant being built in jazan , saudi arabia . air products owns 25% ( 25 % ) of the joint venture and guarantees the repayment of its share of an equity bridge loan . in total , we expect to invest approximately $ 100 in this joint venture . as of 30 september 2015 , we recorded a noncurrent liability of $ 67.5 for our obligation to make future equity contributions based on advances received by the joint venture under the loan . income tax liabilities noncurrent deferred income tax liabilities as of 30 september 2015 were $ 903.3 . tax liabilities related to unrecognized tax benefits as of 30 september 2015 were $ 97.5 . these tax liabilities were excluded from the contractual obligations table , as it is impractical to determine a cash impact by year given that payments will vary according to changes in tax laws , tax rates , and our operating results . in addition , there are uncertainties in timing of the effective settlement of our uncertain tax positions with respective taxing authorities . refer to note 23 , income taxes , to the consolidated financial statements for additional information . pension benefits the company sponsors defined benefit pension plans and defined contribution plans that cover a substantial portion of its worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . the fair market value of plan assets for our defined benefit pension plans as of the 30 september 2015 measurement date decreased to $ 3916.4 from $ 4114.6 at the end of fiscal year 2014 . the projected benefit obligation for these plans was $ 4787.8 and $ 4738.6 at the end of the fiscal years 2015 and 2014 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>pension expense</td><td>$ 135.6</td><td>$ 135.9</td><td>$ 169.7</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>35.2</td><td>5.8</td><td>19.8</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>4.6% ( 4.6 % )</td><td>4.0% ( 4.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.4% ( 7.4 % )</td><td>7.7% ( 7.7 % )</td><td>7.7% ( 7.7 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.5% ( 3.5 % )</td><td>3.9% ( 3.9 % )</td><td>3.8% ( 3.8 % )</td></tr></table> .\nQuestion: what was the fair market value of plan assets of the benefit pension plans in 2015?\nAnswer: 3916.4\nQuestion: and what was it in 2014?\n" }, { "role": "agent", "content": "4114.6" } ]
CONVFINQA4098	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\non either a straight-line or accelerated basis . amortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . estimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million . impairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable . if such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value . during the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million . there were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million . at december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . required fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects . additionally , some of our remanufactured engines are sold with a standard three-year warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2009</td><td>$ 540</td></tr><tr><td>2</td><td>warranty expense</td><td>5033</td></tr><tr><td>3</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>4</td><td>balance as of december 31 2009</td><td>604</td></tr><tr><td>5</td><td>warranty expense</td><td>9351</td></tr><tr><td>6</td><td>warranty claims</td><td>-8882 ( 8882 )</td></tr><tr><td>7</td><td>business acquisitions</td><td>990</td></tr><tr><td>8</td><td>balance as of december 31 2010</td><td>$ 2063</td></tr></table> self-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of .\nQuestion: what was the net change in changes in the warranty reserve in 2009?\nAnswer: 64.0\nQuestion: what was the value for changes in warranty reserves at the start of 2009?\nAnswer: 540.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.11852" } ]
CONVFINQA3664	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nis&gs 2019 operating profit decreased $ 60 million , or 8% ( 8 % ) , for 2014 compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , lower risk retirements and reserves recorded on an international program , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million for 2014 . adjustments not related to volume , including net profit booking rate adjustments , were approximately $ 30 million lower for 2014 compared to 2013 . 2013 compared to 2012 is&gs 2019 net sales decreased $ 479 million , or 5% ( 5 % ) , for 2013 compared to 2012 . the decrease was attributable to lower net sales of about $ 495 million due to decreased volume on various programs ( command and control programs for classified customers , ngi and eram programs ) ; and approximately $ 320 million due to the completion of certain programs ( such as total information processing support services , the transportation worker identification credential and the outsourcing desktop initiative for nasa ) . the decrease was partially offset by higher net sales of about $ 340 million due to the start-up of certain programs ( such as the disa gsm-o and the national science foundation antarctic support ) . is&gs 2019 operating profit decreased $ 49 million , or 6% ( 6 % ) , for 2013 compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 55 million due to certain programs nearing the end of their life cycles , partially offset by higher operating profit of approximately $ 15 million due to the start-up of certain programs . adjustments not related to volume , including net profit booking rate adjustments and other matters , were comparable for 2013 compared to 2012 . backlog backlog increased in 2014 compared to 2013 primarily due to several multi-year international awards and various u.s . multi-year extensions . this increase was partially offset by declining activities on various direct warfighter support and command and control programs impacted by defense budget reductions . backlog decreased in 2013 compared to 2012 primarily due to lower orders on several programs ( such as eram and ngi ) , higher sales on certain programs ( the national science foundation antarctic support and the disa gsm-o ) and declining activities on several smaller programs primarily due to the continued downturn in federal information technology budgets . trends we expect is&gs 2019 net sales to decline in 2015 in the low to mid single digit percentage range as compared to 2014 , primarily driven by the continued downturn in federal information technology budgets , an increasingly competitive environment , including the disaggregation of existing contracts , and new contract award delays , partially offset by increased sales resulting from acquisitions that occurred during the year . operating profit is expected to decline in the low double digit percentage range in 2015 primarily driven by volume and an increase in intangible amortization from 2014 acquisition activity , resulting in 2015 margins that are lower than 2014 results . missiles and fire control our mfc business segment provides air and missile defense systems ; tactical missiles and air-to-ground precision strike weapon systems ; logistics and other technical services ; fire control systems ; mission operations support , readiness , engineering support and integration services ; and manned and unmanned ground vehicles . mfc 2019s major programs include pac-3 , thaad , multiple launch rocket system , hellfire , jassm , javelin , apache , sniper ae , low altitude navigation and targeting infrared for night ( lantirn ae ) and sof clss . mfc 2019s operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>net sales</td><td>$ 7680</td><td>$ 7757</td><td>$ 7457</td></tr><tr><td>3</td><td>operating profit</td><td>1358</td><td>1431</td><td>1256</td></tr><tr><td>4</td><td>operating margins</td><td>17.7% ( 17.7 % )</td><td>18.4% ( 18.4 % )</td><td>16.8% ( 16.8 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 13600</td><td>$ 15000</td><td>$ 14700</td></tr></table> 2014 compared to 2013 mfc 2019s net sales for 2014 decreased $ 77 million , or 1% ( 1 % ) , compared to 2013 . the decrease was primarily attributable to lower net sales of approximately $ 385 million for technical services programs due to decreased volume reflecting market pressures ; and about $ 115 million for tactical missile programs due to fewer deliveries ( primarily high mobility artillery .\nQuestion: what is the net change in net sales from 2012 to 2013?\nAnswer: 300.0\nQuestion: what is the net sales in 2012?\nAnswer: 7457.0\nQuestion: what growth rate does this represent?\n" }, { "role": "agent", "content": "0.04023" } ]
CONVFINQA10438	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe pnc financial services group , inc . 2013 form 10-k 65 liquidity and capital management liquidity risk has two fundamental components . the first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost . the second is the potential inability to operate our businesses because adequate contingent liquidity is not available . we manage liquidity risk at the consolidated company level ( bank , parent company and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity . management monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event . in addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event . in the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure . the simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations . parent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period . liquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies . management committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits . in addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report . pnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2018 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of 100% ( 100 % ) . we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report . sources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses . these deposits provide relatively stable and low-cost funding . total deposits increased to $ 267.8 billion at december 31 , 2018 from $ 265.1 billion at december 31 , 2017 driven by growth in interest-bearing deposits partially offset by a decrease in noninterest-bearing deposits . see the funding sources section of the consolidated balance sheet review in this report for additional information related to our deposits . additionally , certain assets determined by us to be liquid as well as unused borrowing capacity from a number of sources are also available to manage our liquidity position . at december 31 , 2018 , our liquid assets consisted of short-term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 22.1 billion and securities available for sale totaling $ 63.4 billion . the level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities . our liquid assets included $ 2.7 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes . in addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes . we also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb borrowings ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) . see note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings . total senior and subordinated debt , on a consolidated basis , decreased due to the following activity : table 24 : senior and subordinated debt . <table class='wikitable'><tr><td>1</td><td>in billions</td><td>2018</td></tr><tr><td>2</td><td>january 1</td><td>$ 33.3</td></tr><tr><td>3</td><td>issuances</td><td>4.5</td></tr><tr><td>4</td><td>calls and maturities</td><td>-6.8 ( 6.8 )</td></tr><tr><td>5</td><td>other</td><td>-.1 ( .1 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 30.9</td></tr></table> .\nQuestion: what was the value of liquid assets?\nAnswer: 22.1\nQuestion: what was the value of securities available for sale?\n" }, { "role": "agent", "content": "63.4" } ]
CONVFINQA215	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncash flows from operating activities can fluctuate significantly from period to period , as pension funding decisions , tax timing differences and other items can significantly impact cash flows . in both 2007 and 2006 , the company made discretionary contributions of $ 200 million to its u.s . qualified pension plan , and in 2005 made discretionary contributions totaling $ 500 million . in 2007 , cash flows provided by operating activities increased $ 436 million , including an increase in net income of $ 245 million . since the gain from sale of businesses is included in and increases net income , the pre-tax gain from the sale of the businesses must be subtracted , as shown above , to properly reflect operating cash flows . the cash proceeds from the sale of the pharmaceuticals business are shown as part of cash from investing activities ; however , when the related taxes are paid they are required to be shown as part of cash provided by operating activities . thus , operating cash flows for 2007 were penalized due to cash income tax payments of approximately $ 630 million in 2007 that related to the sale of the global branded pharmaceuticals business . non-pharmaceutical related cash income tax payments were approximately $ 475 million lower than 2006 due to normal timing differences in tax payments , which benefited cash flows . accounts receivable and inventory increases reduced cash flows in 2007 , but decreased cash flow less than in 2006 , resulting in a year-on-year benefit to cash flows of $ 323 million . the category 201cother-net 201d in the preceding table reflects changes in other asset and liability accounts , including the impact of cash payments made in connection with 3m 2019s restructuring actions ( note 4 ) . in 2006 , cash flows provided by operating activities decreased $ 365 million . this decrease was due in large part to an increase of approximately $ 600 million in tax payments in 2006 compared with 2005 . the higher tax payments in 2006 primarily related to the company 2019s repatriation of $ 1.7 billion of foreign earnings in the united states pursuant to the provisions of the american jobs creation act of 2004 . the category 201cother-net 201d in the preceding table reflects changes in other asset and liability accounts , including outstanding liabilities at december 31 , 2006 , related to 3m 2019s restructuring actions ( note 4 ) . cash flows from investing activities : years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>purchases of property plant and equipment ( pp&e )</td><td>$ -1422 ( 1422 )</td><td>$ -1168 ( 1168 )</td><td>$ -943 ( 943 )</td></tr><tr><td>3</td><td>proceeds from sale of pp&e and other assets</td><td>103</td><td>49</td><td>41</td></tr><tr><td>4</td><td>acquisitions net of cash acquired</td><td>-539 ( 539 )</td><td>-888 ( 888 )</td><td>-1293 ( 1293 )</td></tr><tr><td>5</td><td>proceeds from sale of businesses</td><td>897</td><td>1209</td><td>2014</td></tr><tr><td>6</td><td>purchases and proceeds from sale or maturities of marketable securities and investments 2014 net</td><td>-406 ( 406 )</td><td>-662 ( 662 )</td><td>-46 ( 46 )</td></tr><tr><td>7</td><td>net cash used in investing activities</td><td>$ -1367 ( 1367 )</td><td>$ -1460 ( 1460 )</td><td>$ -2241 ( 2241 )</td></tr></table> investments in property , plant and equipment enable growth in diverse markets , helping to meet product demand and increasing manufacturing efficiency . in 2007 , numerous plants were opened or expanded internationally . this included two facilities in korea ( respirator manufacturing facility and optical plant ) , an optical plant in poland , industrial adhesives/tapes facilities in both brazil and the philippines , a plant in russia ( corrosion protection , industrial adhesive and tapes , and respirators ) , a plant in china ( optical systems , industrial adhesives and tapes , and personal care ) , an expansion in canada ( construction and home improvement business ) , in addition to investments in india , mexico and other countries . in addition , 3m expanded manufacturing capabilities in the u.s. , including investments in industrial adhesives/tapes and optical . 3m also exited several high-cost underutilized manufacturing facilities and streamlined several supply chains by relocating equipment from one facility to another . the streamlining work has primarily occurred inside the u.s . and is in addition to the streamlining achieved through plant construction . as a result of this increased activity , capital expenditures were $ 1.422 billion in 2007 , an increase of $ 254 million when compared to 2006 . the company expects capital expenditures to total approximately $ 1.3 billion to $ 1.4 billion in 2008 . refer to the preceding 201ccapital spending/net property , plant and equipment 201d section for more detail . refer to note 2 for information on 2007 , 2006 and 2005 acquisitions . note 2 also provides information on the proceeds from the sale of businesses . the company is actively considering additional acquisitions , investments and strategic alliances , and from time to time may also divest certain businesses . purchases of marketable securities and investments and proceeds from sale ( or maturities ) of marketable securities and investments are primarily attributable to asset-backed securities , agency securities , corporate medium-term note securities , auction rate securities and other securities , which are classified as available-for-sale . refer to note 9 for more details about 3m 2019s diversified marketable securities portfolio , which totaled $ 1.059 billion as of december 31 , 2007 . purchases of marketable securities , net of sales and maturities , totaled $ 429 million for 2007 and $ 637 million for 2006 . purchases of investments in 2005 include the purchase of 19% ( 19 % ) of ti&m beteiligungsgesellschaft mbh for .\nQuestion: what is the net cash used in investing activities in 2007?\nAnswer: -1367.0\nQuestion: what about in 2006?\nAnswer: -1460.0\nQuestion: what is the difference?\n" }, { "role": "agent", "content": "93.0" } ]
CONVFINQA5704	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) . year gallons average price per gallon aircraft fuel expense percent of total operating expenses . <table class='wikitable'><tr><td>1</td><td>year</td><td>gallons</td><td>average priceper gallon</td><td>aircraft fuelexpense</td><td>percent of totaloperating expenses</td></tr><tr><td>2</td><td>2018</td><td>4447</td><td>$ 2.23</td><td>$ 9896</td><td>23.6% ( 23.6 % )</td></tr><tr><td>3</td><td>2017</td><td>4352</td><td>1.73</td><td>7510</td><td>19.6% ( 19.6 % )</td></tr><tr><td>4</td><td>2016</td><td>4347</td><td>1.42</td><td>6180</td><td>17.6% ( 17.6 % )</td></tr></table> as of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption . as such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices . our current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors . fuel prices have fluctuated substantially over the past several years . we cannot predict the future availability , price volatility or cost of aircraft fuel . natural disasters ( including hurricanes or similar events in the u.s . southeast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s . dollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future . see part i , item 1a . risk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel . continued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year . general economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern . therefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results . domestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements . domestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers . the dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability . the antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .\nQuestion: what was the aircraft fuel expense in 2018 plus that in 2017?\nAnswer: 17406.0\nQuestion: what is the total sum including the expenses from 2016?\n" }, { "role": "agent", "content": "23586.0" } ]
CONVFINQA7290	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe aggregate changes in the balance of gross unrecognized tax benefits , which excludes interest and penalties , for 2012 , 2011 , and 2010 , is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 1375</td><td>$ 943</td><td>$ 971</td></tr><tr><td>3</td><td>increases related to tax positions taken during a prior year</td><td>340</td><td>49</td><td>61</td></tr><tr><td>4</td><td>decreases related to tax positions taken during a prior year</td><td>-107 ( 107 )</td><td>-39 ( 39 )</td><td>-224 ( 224 )</td></tr><tr><td>5</td><td>increases related to tax positions taken during the current year</td><td>467</td><td>425</td><td>240</td></tr><tr><td>6</td><td>decreases related to settlements with taxing authorities</td><td>-3 ( 3 )</td><td>0</td><td>-102 ( 102 )</td></tr><tr><td>7</td><td>decreases related to expiration of statute of limitations</td><td>-10 ( 10 )</td><td>-3 ( 3 )</td><td>-3 ( 3 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 2062</td><td>$ 1375</td><td>$ 943</td></tr></table> the company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes . as of september 29 , 2012 and september 24 , 2011 , the total amount of gross interest and penalties accrued was $ 401 million and $ 261 million , respectively , which is classified as non-current liabilities in the consolidated balance sheets . in connection with tax matters , the company recognized interest expense in 2012 and 2011 of $ 140 million and $ 14 million , respectively , and in 2010 the company recognized an interest benefit of $ 43 million . the company is subject to taxation and files income tax returns in the u.s . federal jurisdiction and in many state and foreign jurisdictions . for u.s . federal income tax purposes , all years prior to 2004 are closed . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . in addition , the company is also subject to audits by state , local and foreign tax authorities . in major states and major foreign jurisdictions , the years subsequent to 1989 and 2002 , respectively , generally remain open and could be subject to examination by the taxing authorities . management believes that an adequate provision has been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income tax in the period such resolution occurs . although timing of the resolution and/or closure of audits is not certain , the company believes it is reasonably possible that tax audit resolutions could reduce its unrecognized tax benefits by between $ 120 million and $ 170 million in the next 12 months . note 6 2013 shareholders 2019 equity and share-based compensation preferred stock the company has five million shares of authorized preferred stock , none of which is issued or outstanding . under the terms of the company 2019s restated articles of incorporation , the board of directors is authorized to determine or alter the rights , preferences , privileges and restrictions of the company 2019s authorized but unissued shares of preferred stock . dividend and stock repurchase program in 2012 , the board of directors of the company approved a dividend policy pursuant to which it plans to make , subject to subsequent declaration , quarterly dividends of $ 2.65 per share . on july 24 , 2012 , the board of directors declared a dividend of $ 2.65 per share to shareholders of record as of the close of business on august 13 , 2012 . the company paid $ 2.5 billion in conjunction with this dividend on august 16 , 2012 . no dividends were declared in the first three quarters of 2012 or in 2011 and 2010. .\nQuestion: what was the total of gross unrecognized tax benefits in 2012, in millions?\nAnswer: 2062.0\nQuestion: and what was it in 2011, also in millions?\nAnswer: 1375.0\nQuestion: what was, then, the change over the year?\nAnswer: 687.0\nQuestion: what was the total of gross unrecognized tax benefits in 2012, in millions?\n" }, { "role": "agent", "content": "1375.0" } ]
CONVFINQA6221	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfrom those currently anticipated and expressed in such forward-looking statements as a result of a number of factors , including those we discuss under 201crisk factors 201d and elsewhere in this form 10-k . you should read 201crisk factors 201d and 201cforward-looking statements . 201d executive overview general american water works company , inc . ( herein referred to as 201camerican water 201d or the 201ccompany 201d ) is the largest investor-owned united states water and wastewater utility company , as measured both by operating revenues and population served . our approximately 6400 employees provide drinking water , wastewater and other water related services to an estimated 15 million people in 47 states and in one canadian province . our primary business involves the ownership of water and wastewater utilities that provide water and wastewater services to residential , commercial , industrial and other customers . our regulated businesses that provide these services are generally subject to economic regulation by state regulatory agencies in the states in which they operate . the federal government and the states also regulate environmental , health and safety and water quality matters . our regulated businesses provide services in 16 states and serve approximately 3.2 million customers based on the number of active service connections to our water and wastewater networks . we report the results of these businesses in our regulated businesses segment . we also provide services that are not subject to economic regulation by state regulatory agencies . we report the results of these businesses in our market-based operations segment . in 2014 , we continued the execution of our strategic goals . our commitment to growth through investment in our regulated infrastructure and expansion of our regulated customer base and our market-based operations , combined with operational excellence led to continued improvement in regulated operating efficiency , improved performance of our market-based operations , and enabled us to provide increased value to our customers and investors . during the year , we focused on growth , addressed regulatory lag , made more efficient use of capital and improved our regulated operation and maintenance ( 201co&m 201d ) efficiency ratio . 2014 financial results for the year ended december 31 , 2014 , we continued to increase net income , while making significant capital investment in our infrastructure and implementing operational efficiency improvements to keep customer rates affordable . highlights of our 2014 operating results compared to 2013 and 2012 include: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>income from continuing operations</td><td>$ 2.39</td><td>$ 2.07</td><td>$ 2.10</td></tr><tr><td>3</td><td>income ( loss ) from discontinued operations net of tax</td><td>$ -0.04 ( 0.04 )</td><td>$ -0.01 ( 0.01 )</td><td>$ -0.09 ( 0.09 )</td></tr><tr><td>4</td><td>diluted earnings per share</td><td>$ 2.35</td><td>$ 2.06</td><td>$ 2.01</td></tr></table> continuing operations income from continuing operations included 4 cents per diluted share of costs resulting from the freedom industries chemical spill in west virginia in 2014 and included 14 cents per diluted share in 2013 related to a tender offer . earnings from continuing operations , adjusted for these two items , increased 10% ( 10 % ) , or 22 cents per share , mainly due to favorable operating results from our regulated businesses segment due to higher revenues and lower operating expenses , partially offset by higher depreciation expenses . also contributing to the overall increase in income from continuing operations was lower interest expense in 2014 compared to the same period in 2013. .\nQuestion: what is the income from continuing operations in 2014?\n" }, { "role": "agent", "content": "2.39" } ]
CONVFINQA3465	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following table summarized the status of the company 2019s non-vested performance share unit awards and changes for the period indicated : weighted- average grant date performance share unit awards shares fair value . <table class='wikitable'><tr><td>1</td><td>performance share unit awards</td><td>year ended december 31 2015 shares</td><td>year ended december 31 2015 weighted- average grant date fair value</td></tr><tr><td>2</td><td>outstanding at january 1,</td><td>-</td><td>$ -</td></tr><tr><td>3</td><td>granted</td><td>10705</td><td>178.84</td></tr><tr><td>4</td><td>vested</td><td>-</td><td>-</td></tr><tr><td>5</td><td>forfeited</td><td>-</td><td>-</td></tr><tr><td>6</td><td>outstanding at december 31,</td><td>10705</td><td>178.84</td></tr></table> 19 . segment reporting the u.s . reinsurance operation writes property and casualty reinsurance and specialty lines of business , including marine , aviation , surety and accident and health ( 201ca&h 201d ) business , on both a treaty and facultative basis , through reinsurance brokers , as well as directly with ceding companies primarily within the u.s . the international operation writes non-u.s . property and casualty reinsurance through everest re 2019s branches in canada and singapore and through offices in brazil , miami and new jersey . the bermuda operation provides reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its bermuda office and reinsurance to the united kingdom and european markets through its uk branch and ireland re . the insurance operation writes property and casualty insurance directly and through general agents , brokers and surplus lines brokers within the u.s . and canada . the mt . logan re segment represents business written for the segregated accounts of mt . logan re , which were formed on july 1 , 2013 . the mt . logan re business represents a diversified set of catastrophe exposures , diversified by risk/peril and across different geographical regions globally . these segments , with the exception of mt . logan re , are managed independently , but conform with corporate guidelines with respect to pricing , risk management , control of aggregate catastrophe exposures , capital , investments and support operations . management generally monitors and evaluates the financial performance of these operating segments based upon their underwriting results . the mt . logan re segment is managed independently and seeks to write a diverse portfolio of catastrophe risks for each segregated account to achieve desired risk and return criteria . underwriting results include earned premium less losses and loss adjustment expenses ( 201clae 201d ) incurred , commission and brokerage expenses and other underwriting expenses . we measure our underwriting results using ratios , in particular loss , commission and brokerage and other underwriting expense ratios , which , respectively , divide incurred losses , commissions and brokerage and other underwriting expenses by premiums earned . mt . logan re 2019s business is sourced through operating subsidiaries of the company ; however , the activity is only reflected in the mt . logan re segment . for other inter-affiliate reinsurance , business is generally reported within the segment in which the business was first produced , consistent with how the business is managed . except for mt . logan re , the company does not maintain separate balance sheet data for its operating segments . accordingly , the company does not review and evaluate the financial results of its operating segments based upon balance sheet data. .\nQuestion: in the year of 2015, what was the number of granted shares of everest re?\nAnswer: 10705.0\nQuestion: and what was the weighted- average grant date fair value of these shares?\nAnswer: 178.84\nQuestion: what was, then, their full value?\nAnswer: 1914482.2\nQuestion: and what is that in millions?\n" }, { "role": "agent", "content": "1.91448" } ]
CONVFINQA4308	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy texas , inc . management's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2007 net revenue</td><td>$ 442.3</td></tr><tr><td>3</td><td>volume/weather</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>reserve equalization</td><td>-3.3 ( 3.3 )</td></tr><tr><td>5</td><td>securitization transition charge</td><td>9.1</td></tr><tr><td>6</td><td>fuel recovery</td><td>7.5</td></tr><tr><td>7</td><td>other</td><td>-10.1 ( 10.1 )</td></tr><tr><td>8</td><td>2008 net revenue</td><td>$ 440.9</td></tr></table> the volume/weather variance is primarily due to decreased usage during the unbilled sales period . see \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the reserve equalization variance is primarily due to lower reserve equalization revenue related to changes in the entergy system generation mix compared to the same period in 2007 . the securitization transition charge variance is primarily due to the issuance of securitization bonds . in june 2007 , entergy gulf states reconstruction funding i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements for additional information regarding the securitization bonds . the fuel recovery variance is primarily due to a reserve for potential rate refunds made in the first quarter 2007 as a result of a puct ruling related to the application of past puct rulings addressing transition to competition in texas . the other variance is primarily caused by various operational effects of the jurisdictional separation on revenues and fuel and purchased power expenses . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased $ 229.3 million primarily due to the following reasons : an increase of $ 157 million in fuel cost recovery revenues due to higher fuel rates and increased usage , partially offset by interim fuel refunds to customers for fuel cost recovery over-collections through november 2007 . the refund was distributed over a two-month period beginning february 2008 . the interim refund and the puct approval is discussed in note 2 to the financial statements ; an increase of $ 37.1 million in affiliated wholesale revenue primarily due to increases in the cost of energy ; an increase in transition charge amounts collected from customers to service the securitization bonds as discussed above . see note 5 to the financial statements for additional information regarding the securitization bonds ; and implementation of an interim surcharge to collect $ 10.3 million in under-recovered incremental purchased capacity costs incurred through july 2007 . the surcharge was collected over a two-month period beginning february 2008 . the incremental capacity recovery rider and puct approval is discussed in note 2 to the financial statements. .\nQuestion: what was the net revenue for entergy texas , inc. in 2008?\nAnswer: 440.9\nQuestion: and what was it in 2007?\nAnswer: 442.3\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "-1.4" } ]
CONVFINQA953	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc the relative percentages of operating companies income ( loss ) attributable to each reportable segment and the all other category were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>smokeable products</td><td>85.8% ( 85.8 % )</td><td>86.2% ( 86.2 % )</td><td>87.4% ( 87.4 % )</td></tr><tr><td>3</td><td>smokeless products</td><td>13.2</td><td>13.1</td><td>12.8</td></tr><tr><td>4</td><td>wine</td><td>1.5</td><td>1.8</td><td>1.8</td></tr><tr><td>5</td><td>all other</td><td>-0.5 ( 0.5 )</td><td>-1.1 ( 1.1 )</td><td>-2.0 ( 2.0 )</td></tr><tr><td>6</td><td>total</td><td>100.0% ( 100.0 % )</td><td>100.0% ( 100.0 % )</td><td>100.0% ( 100.0 % )</td></tr></table> for items affecting the comparability of the relative percentages of operating companies income ( loss ) attributable to each reportable segment , see note 15 . narrative description of business portions of the information called for by this item are included in operating results by business segment in item 7 . management 2019s discussion and analysis of financial condition and results of operations of this annual report on form 10-k ( 201citem 7 201d ) . tobacco space altria group , inc . 2019s tobacco operating companies include pm usa , usstc and other subsidiaries of ust , middleton , nu mark and nat sherman . altria group distribution company provides sales and distribution services to altria group , inc . 2019s tobacco operating companies . the products of altria group , inc . 2019s tobacco subsidiaries include smokeable tobacco products , consisting of cigarettes manufactured and sold by pm usa and nat sherman , machine- made large cigars and pipe tobacco manufactured and sold by middleton and premium cigars sold by nat sherman ; smokeless tobacco products manufactured and sold by usstc ; and innovative tobacco products , including e-vapor products manufactured and sold by nu mark . cigarettes : pm usa is the largest cigarette company in the united states . marlboro , the principal cigarette brand of pm usa , has been the largest-selling cigarette brand in the united states for over 40 years . nat sherman sells substantially all of its super premium cigarettes in the united states . total smokeable products segment 2019s cigarettes shipment volume in the united states was 116.6 billion units in 2017 , a decrease of 5.1% ( 5.1 % ) from cigars : middleton is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco . middleton contracts with a third-party importer to supply a majority of its cigars and sells substantially all of its cigars to customers in the united states . black & mild is the principal cigar brand of middleton . nat sherman sources all of its cigars from third-party suppliers and sells substantially all of its cigars to customers in the united states . total smokeable products segment 2019s cigars shipment volume was approximately 1.5 billion units in 2017 , an increase of 9.9% ( 9.9 % ) from 2016 . smokeless tobacco products : usstc is the leading producer and marketer of moist smokeless tobacco ( 201cmst 201d ) products . the smokeless products segment includes the premium brands , copenhagen and skoal , and value brands , red seal and husky . substantially all of the smokeless tobacco products are manufactured and sold to customers in the united states . total smokeless products segment 2019s shipment volume was 841.3 million units in 2017 , a decrease of 1.4% ( 1.4 % ) from 2016 . innovative tobacco products : nu mark participates in the e-vapor category and has developed and commercialized other innovative tobacco products . in addition , nu mark sources the production of its e-vapor products through overseas contract manufacturing arrangements . in 2013 , nu mark introduced markten e-vapor products . in april 2014 , nu mark acquired the e-vapor business of green smoke , inc . and its affiliates ( 201cgreen smoke 201d ) , which began selling e-vapor products in 2009 . in 2017 , altria group , inc . 2019s subsidiaries purchased certain intellectual property related to innovative tobacco products . in december 2013 , altria group , inc . 2019s subsidiaries entered into a series of agreements with philip morris international inc . ( 201cpmi 201d ) pursuant to which altria group , inc . 2019s subsidiaries provide an exclusive license to pmi to sell nu mark 2019s e-vapor products outside the united states , and pmi 2019s subsidiaries provide an exclusive license to altria group , inc . 2019s subsidiaries to sell two of pmi 2019s heated tobacco product platforms in the united states . further , in july 2015 , altria group , inc . announced the expansion of its strategic framework with pmi to include a joint research , development and technology-sharing agreement . under this agreement , altria group , inc . 2019s subsidiaries and pmi will collaborate to develop e-vapor products for commercialization in the united states by altria group , inc . 2019s subsidiaries and in markets outside the united states by pmi . this agreement also provides for exclusive technology cross licenses , technical information sharing and cooperation on scientific assessment , regulatory engagement and approval related to e-vapor products . in the fourth quarter of 2016 , pmi submitted a modified risk tobacco product ( 201cmrtp 201d ) application for an electronically heated tobacco product with the united states food and drug administration 2019s ( 201cfda 201d ) center for tobacco products and filed its corresponding pre-market tobacco product application in the first quarter of 2017 . upon regulatory authorization by the fda , altria group , inc . 2019s subsidiaries will have an exclusive license to sell this heated tobacco product in the united states . distribution , competition and raw materials : altria group , inc . 2019s tobacco subsidiaries sell their tobacco products principally to wholesalers ( including distributors ) , large retail organizations , including chain stores , and the armed services . the market for tobacco products is highly competitive , characterized by brand recognition and loyalty , with product quality , taste , price , product innovation , marketing , packaging and distribution constituting the significant methods of competition . promotional activities include , in certain instances and where permitted by law , allowances , the distribution of incentive items , price promotions , product promotions , coupons and other discounts. .\nQuestion: what was the net change in the value of smokeless products from 2016 to 2017?\n" }, { "role": "agent", "content": "0.1" } ]
CONVFINQA6337	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincreased over 4% ( 4 % ) in 2005 , costs for trucking services provided by intermodal carriers remained flat as we substantially reduced expenses associated with network inefficiencies . higher diesel fuel prices increased sales and use taxes in 2005 , which resulted in higher state and local taxes . other contract expenses for equipment maintenance and other services increased in 2005 . the 2005 january west coast storm and hurricanes katrina and rita also contributed to higher expenses in 2005 ( net of insurance settlements received ) . partially offsetting these increases was a reduction in relocation expenses as we incurred higher relocation costs associated with moving support personnel to omaha , nebraska during 2004 . non-operating items millions of dollars 2006 2005 2004 % ( % ) change 2006 v 2005 % ( % ) change 2005 v 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td><td>% ( % ) change 2006 v 2005</td><td>% ( % ) change 2005 v 2004</td></tr><tr><td>2</td><td>other income</td><td>$ 118</td><td>$ 145</td><td>$ 88</td><td>( 19 ) % ( % )</td><td>65% ( 65 % )</td></tr><tr><td>3</td><td>interest expense</td><td>-477 ( 477 )</td><td>-504 ( 504 )</td><td>-527 ( 527 )</td><td>-5 ( 5 )</td><td>-4 ( 4 )</td></tr><tr><td>4</td><td>income taxes</td><td>-919 ( 919 )</td><td>-410 ( 410 )</td><td>-252 ( 252 )</td><td>124</td><td>63</td></tr></table> other income 2013 lower net gains from non-operating asset sales and higher expenses due to rising interest rates associated with our sale of receivables program resulted in a reduction in other income in 2006 , which was partially offset by higher rental income for the use of our right-of-way ( including 2006 settlements of rate disputes from prior years ) and cash investment returns due to higher interest rates . in 2005 , other income increased largely as a result of higher gains from real estate sales partially offset by higher expenses due to rising interest rates associated with our sale of receivables program . interest expense 2013 lower interest expense in 2006 and 2005 was primarily due to declining weighted-average debt levels of $ 7.1 billion , $ 7.8 billion , and $ 8.1 billion in 2006 , 2005 , and 2004 , respectively . a higher effective interest rate of 6.7% ( 6.7 % ) in 2006 , compared to 6.5% ( 6.5 % ) in both 2005 and 2004 , partially offset the effects of the declining debt level . income taxes 2013 income tax expense was $ 509 million higher in 2006 than 2005 . higher pre-tax income resulted in additional taxes of $ 414 million and $ 118 million of the increase resulted from the one-time reduction in 2005 described below . our effective tax rate was 36.4% ( 36.4 % ) and 28.6% ( 28.6 % ) in 2006 and 2005 , respectively . income taxes were greater in 2005 than 2004 due to higher pre-tax income partially offset by a previously reported reduction in income tax expense . in our quarterly report on form 10-q for the quarter ended june 30 , 2005 , we reported that the corporation analyzed the impact that final settlements of pre-1995 tax years had on previously recorded estimates of deferred tax assets and liabilities . the completed analysis of the final settlements for pre-1995 tax years , along with internal revenue service examination reports for tax years 1995 through 2002 were considered , among other things , in a review and re-evaluation of the corporation 2019s estimated deferred tax assets and liabilities as of september 30 , 2005 , resulting in an income tax expense reduction of $ 118 million in .\nQuestion: what is the other income in 2006?\nAnswer: 118.0\nQuestion: what about in 2005?\nAnswer: 145.0\nQuestion: what is the sum for these two years?\n" }, { "role": "agent", "content": "263.0" } ]
CONVFINQA1330	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations state street corporation \| 90 table 30 : total deposits average balance december 31 years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 31 2017</td><td>december 31 2016</td><td>december 31 2017</td><td>2016</td></tr><tr><td>2</td><td>client deposits</td><td>$ 180149</td><td>$ 176693</td><td>$ 158996</td><td>$ 156029</td></tr><tr><td>3</td><td>wholesale cds</td><td>4747</td><td>10470</td><td>4812</td><td>14456</td></tr><tr><td>4</td><td>total deposits</td><td>$ 184896</td><td>$ 187163</td><td>$ 163808</td><td>$ 170485</td></tr></table> short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy . these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales . in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors . as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral . short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase . these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities . these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively . state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2017 , there was no balance outstanding on this line of credit . long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients . in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt . agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies . factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments . high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings . a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds . in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts . a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings . we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies . the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k . other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .\nQuestion: as of december 31, 2017, what was the value of cad equivalent to one american dollar?\nAnswer: 1.26126\nQuestion: and concerning the balance of collateral in the form of high-quality investment securities, what was the decline between this year and the one before?\n" }, { "role": "agent", "content": "1.56" } ]
CONVFINQA2777	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 lease obligation and entergy louisiana 2019s acquisition of the equity participant 2019s beneficial interest in the waterford 3 leased assets and for further discussion of the grand gulf lease obligation . ( e ) this note does not have a stated interest rate , but has an implicit interest rate of 7.458% ( 7.458 % ) . ( f ) the fair value excludes lease obligations of $ 57 million at entergy louisiana and $ 34 million at system energy , and long-term doe obligations of $ 182 million at entergy arkansas , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 15 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2016 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2017</td><td>$ 307403</td></tr><tr><td>3</td><td>2018</td><td>$ 828084</td></tr><tr><td>4</td><td>2019</td><td>$ 724899</td></tr><tr><td>5</td><td>2020</td><td>$ 795000</td></tr><tr><td>6</td><td>2021</td><td>$ 1674548</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . in october 2015 , entergy announced a planned shutdown of fitzpatrick at the end of its fuel cycle . as a result of the announcement , entergy reduced this liability by $ 26.4 million pursuant to the terms of the purchase agreement . in august 2016 , entergy entered into a trust transfer agreement with nypa to transfer the decommissioning trust funds and decommissioning liabilities for the indian point 3 and fitzpatrick plants to entergy . as part of the trust transfer agreement , the original decommissioning agreements were amended , and the entergy subsidiaries 2019 obligation to make additional license extension payments to nypa was eliminated . in the third quarter 2016 , entergy removed the note payable of $ 35.1 million from the consolidated balance sheet . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through june 2018 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to : 2022 maintain system energy 2019s equity capital at a minimum of 35% ( 35 % ) of its total capitalization ( excluding short- term debt ) ; .\nQuestion: what amount of long-term debt is due in 2017?\nAnswer: 307403.0\nQuestion: what about in 2018?\n" }, { "role": "agent", "content": "828084.0" } ]
CONVFINQA2250	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nwestrock company notes to consolidated financial statements 2014 ( continued ) note 20 . stockholders 2019 equity capitalization our capital stock consists solely of common stock . holders of our common stock are entitled to one vote per share . our amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued . the terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation . stock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 . the shares of our common stock may be repurchased over an indefinite period of time at the discretion of management . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . in fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million . as of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock . note 21 . share-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan . the 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) . the amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors . the table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) . shares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation . the number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 . in addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 . ( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans . we issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended . the awards were converted into westrock awards using the conversion factor as described in the business combination agreement . ( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan . the awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares available for issuance</td><td>shares available for future grant</td><td>shares to be issued if performance is achieved at maximum</td><td>expect to make new awards</td></tr><tr><td>2</td><td>amended and restated 2016 incentive stock plan ( 1 )</td><td>11.7</td><td>5.1</td><td>2.3</td><td>yes</td></tr><tr><td>3</td><td>2004 incentive stock plan ( 1 ) ( 2 )</td><td>15.8</td><td>3.1</td><td>0.0</td><td>no</td></tr><tr><td>4</td><td>2005 performance incentive plan ( 1 ) ( 2 )</td><td>12.8</td><td>9.0</td><td>0.0</td><td>no</td></tr><tr><td>5</td><td>rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 )</td><td>7.9</td><td>5.9</td><td>0.0</td><td>no</td></tr></table> westrock company notes to consolidated financial statements 2014 ( continued ) note 20 . stockholders 2019 equity capitalization our capital stock consists solely of common stock . holders of our common stock are entitled to one vote per share . our amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued . the terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation . stock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 . the shares of our common stock may be repurchased over an indefinite period of time at the discretion of management . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . in fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million . as of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock . note 21 . share-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan . the 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) . the amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors . the table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) . shares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation . the number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 . in addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 . ( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans . we issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended . the awards were converted into westrock awards using the conversion factor as described in the business combination agreement . ( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan . the awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .\nQuestion: how many shares were repurchased during 2017?\n" }, { "role": "agent", "content": "3.4" } ]
CONVFINQA7700	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents 17 . unconditional purchase obligations the company has entered into various unconditional purchase obligations which primarily include software licenses and long- term purchase contracts for network , communication and office maintenance services . the company expended $ 7.2 million , $ 5.3 million and $ 2.9 million related to unconditional purchase obligations that existed as of the beginning of each year for the years ended december 31 , 2016 , 2015 and 2014 , respectively . future expenditures under unconditional purchase obligations in effect as of december 31 , 2016 are as follows : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2017</td><td>$ 14134</td></tr><tr><td>2</td><td>2018</td><td>10288</td></tr><tr><td>3</td><td>2019</td><td>9724</td></tr><tr><td>4</td><td>2020</td><td>2617</td></tr><tr><td>5</td><td>2021</td><td>652</td></tr><tr><td>6</td><td>total</td><td>$ 37415</td></tr></table> 18 . restructuring during the fourth quarter of 2016 , the company initiated workforce realignment activities . the company incurred $ 3.4 million in restructuring charges , or $ 2.4 million net of tax , during the year ended december 31 , 2016 . the company expects to incur additional charges of $ 10 million - $ 15 million , or $ 7 million - $ 10 million net of tax , primarily during the first quarter of 2017 . 19 . employment-related settlement on february 15 , 2017 , the company entered into an employment-related settlement agreement . in connection with the settlement agreement , the company will make a lump-sum payment of $ 4.7 million . the charges related to this agreement are included in selling , general and administrative expense in the 2016 consolidated statement of income . as part of the settlement agreement , all the claims initiated against the company will be withdrawn and a general release of all claims in favor of the company and all of its related entities was executed . 20 . contingencies and commitments the company is subject to various investigations , claims and legal proceedings that arise in the ordinary course of business , including commercial disputes , labor and employment matters , tax audits , alleged infringement of intellectual property rights and other matters . in the opinion of the company , the resolution of pending matters is not expected to have a material adverse effect on the company's consolidated results of operations , cash flows or financial position . however , each of these matters is subject to various uncertainties and it is possible that an unfavorable resolution of one or more of these proceedings could materially affect the company's results of operations , cash flows or financial position . an indian subsidiary of the company has several service tax audits pending that have resulted in formal inquiries being received on transactions through mid-2012 . the company could incur tax charges and related liabilities , including those related to the service tax audit case , of approximately $ 7 million . the service tax issues raised in the company 2019s notices and inquiries are very similar to the case , m/s microsoft corporation ( i ) ( p ) ltd . vs commissioner of service tax , new delhi , wherein the delhi customs , excise and service tax appellate tribunal ( cestat ) has passed a favorable ruling to microsoft . the company can provide no assurances on whether the microsoft case 2019s favorable ruling will be challenged in higher courts or on the impact that the present microsoft case 2019s decision will have on the company 2019s cases . the company is uncertain as to when these service tax matters will be concluded . a french subsidiary of the company received notice that the french taxing authority rejected the company's 2012 research and development credit . the company has contested the decision . however , if the company does not receive a favorable outcome , it could incur charges of approximately $ 0.8 million . in addition , an unfavorable outcome could result in the authorities reviewing or rejecting $ 3.8 million of similar research and development credits for 2013 through the current year that are currently reflected as an asset . the company can provide no assurances on the timing or outcome of this matter. .\nQuestion: what was the value of expenditures in 2017?\nAnswer: 14134.0\nQuestion: what was the value in 2018?\n" }, { "role": "agent", "content": "10288.0" } ]
CONVFINQA133	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nwe maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof . we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration . the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors . additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 . we currently maintain a corporate commercial paper program , under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue . at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 . additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 . state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes . approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 . in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured . state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2011 , no balance was outstanding on this line of credit . contractual cash obligations . <table class='wikitable'><tr><td>1</td><td>as of december 31 2011 ( in millions )</td><td>payments due by period total</td><td>payments due by period less than 1 year</td><td>payments due by period 1-3 years</td><td>payments due by period 4-5 years</td><td>payments due by period over 5 years</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 9276</td><td>$ 1973</td><td>$ 1169</td><td>$ 1944</td><td>$ 4190</td></tr><tr><td>3</td><td>operating leases</td><td>1129</td><td>237</td><td>389</td><td>228</td><td>275</td></tr><tr><td>4</td><td>capital lease obligations</td><td>989</td><td>68</td><td>136</td><td>138</td><td>647</td></tr><tr><td>5</td><td>total contractual cash obligations</td><td>$ 11394</td><td>$ 2278</td><td>$ 1694</td><td>$ 2310</td><td>$ 5112</td></tr></table> ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps . interest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect as of december 31 , 2011 . the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations . the table does not include obligations which will be settled in cash , primarily in less than one year , such as deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings . additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 . the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement . additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 . we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table . additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 . the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .\nQuestion: what was the value of commercial paper outstanding in 2011?\nAnswer: 2.8\nQuestion: what was the value in 2010?\nAnswer: 2.38\nQuestion: what was the net change?\nAnswer: 0.42\nQuestion: what was the 2010 value?\n" }, { "role": "agent", "content": "2.38" } ]
CONVFINQA1915	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthird-party sales for this segment increased 4% ( 4 % ) in 2014 compared with 2013 , primarily due to higher volumes and the acquisition of firth rixson ( $ 81 2014see above ) . the higher volumes were mostly related to the aerospace ( commercial ) and commercial transportation end markets , somewhat offset by lower volumes in the industrial gas turbine end market . atoi for the engineered products and solutions segment increased $ 16 in 2015 compared with 2014 , principally the result of net productivity improvements across most businesses , a positive contribution from inorganic growth , and overall higher volumes in this segment 2019s organic businesses . these positive impacts were partially offset by unfavorable price/product mix , higher costs related to growth projects , and net unfavorable foreign currency movements , primarily related to a weaker euro . atoi for this segment climbed $ 10 in 2014 compared with 2013 , mainly due to net productivity improvements across all businesses and overall higher volumes , partially offset by higher costs , primarily labor , and unfavorable product in 2016 , demand in the commercial aerospace end market is expected to remain strong , driven by significant order backlog . also , third-party sales will include a positive impact due to a full year of sales related to the acquisitions of rti and tital . additionally , net productivity improvements are anticipated while pricing pressure across all markets is expected . transportation and construction solutions . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>third-party sales</td><td>$ 1882</td><td>$ 2021</td><td>$ 1951</td></tr><tr><td>3</td><td>atoi</td><td>$ 166</td><td>$ 180</td><td>$ 167</td></tr></table> this segment represents a portion of alcoa 2019s downstream operations and produces products that are used mostly in the nonresidential building and construction and commercial transportation end markets . such products include integrated aluminum structural systems , architectural extrusions , and forged aluminum commercial vehicle wheels , which are sold directly to customers and through distributors . a small part of this segment also produces aluminum products for the industrial products end market . generally , the sales and costs and expenses of this segment are transacted in the local currency of the respective operations , which are mostly the u.s . dollar , the euro , and the brazilian real . third-party sales for the transportation and construction solutions segment decreased 7% ( 7 % ) in 2015 compared with 2014 , primarily driven by unfavorable foreign currency movements , principally caused by a weaker euro and brazilian real , and lower volume related to the building and construction end market , somewhat offset by higher volume related to the commercial transportation end market . third-party sales for this segment increased 4% ( 4 % ) in 2014 compared with 2013 , mostly the result of higher volume related to the commercial transportation and building and construction end markets , somewhat offset by lower volume in the industrial products and market . atoi for the transportation and construction solutions segment declined $ 14 in 2015 compared with 2014 , mainly due to higher costs , net unfavorable foreign currency movements , primarily related to a weaker euro and brazilian real , and unfavorable price/product mix . these negative impacts were mostly offset by net productivity improvements across all businesses . atoi for this segment improved $ 13 in 2014 compared with 2013 , principally attributable to net productivity improvements across all businesses and overall higher volumes , partially offset by unfavorable product mix and higher costs , primarily labor . in 2016 , the non-residential building and construction end market is expected to improve through growth in north america but will be slightly offset by overall weakness in europe . also , north america build rates in the commercial .\nQuestion: what was the contribution of the acquisition of firth rixson in the third-party sales in 2014?\nAnswer: 81.0\nQuestion: and what was the total of those sales?\nAnswer: 2021.0\nQuestion: how much, then, in percentage, did that contribution represent in relation to this total?\nAnswer: 0.04008\nQuestion: and from 2013 to that year, what was the change in the total of net productivity and overall higher volumes concerning the atoi as a portion of that total in 2013?\n" }, { "role": "agent", "content": "0.07784" } ]
CONVFINQA270	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\noperating income ( loss ) by segment is summarized below: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2016</td><td>year ended december 31 , 2015</td><td>year ended december 31 , $ change</td><td>year ended december 31 , % ( % ) change</td></tr><tr><td>2</td><td>north america</td><td>$ 408424</td><td>$ 460961</td><td>$ -52537 ( 52537 )</td><td>( 11.4 ) % ( % )</td></tr><tr><td>3</td><td>emea</td><td>11420</td><td>3122</td><td>8298</td><td>265.8</td></tr><tr><td>4</td><td>asia-pacific</td><td>68338</td><td>36358</td><td>31980</td><td>88.0</td></tr><tr><td>5</td><td>latin america</td><td>-33891 ( 33891 )</td><td>-30593 ( 30593 )</td><td>-3298 ( 3298 )</td><td>10.8</td></tr><tr><td>6</td><td>connected fitness</td><td>-36820 ( 36820 )</td><td>-61301 ( 61301 )</td><td>24481</td><td>39.9</td></tr><tr><td>7</td><td>total operating income</td><td>$ 417471</td><td>$ 408547</td><td>$ 8924</td><td>2.2% ( 2.2 % )</td></tr></table> the increase in total operating income was driven by the following : 2022 operating income in our north america operating segment decreased $ 52.5 million to $ 408.4 million in 2016 from $ 461.0 million in 2015 primarily due to decreases in gross margin discussed above in the consolidated results of operations and $ 17.0 million in expenses related to the liquidation of the sports authority , comprised of $ 15.2 million in bad debt expense and $ 1.8 million of in-store fixture impairment . in addition , this decrease reflects the movement of $ 11.1 million in expenses resulting from a strategic shift in headcount supporting our global business from our connected fitness operating segment to north america . this decrease is partially offset by the increases in revenue discussed above in the consolidated results of operations . 2022 operating income in our emea operating segment increased $ 8.3 million to $ 11.4 million in 2016 from $ 3.1 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation . this increase was offset by investments in sports marketing and infrastructure for future growth . 2022 operating income in our asia-pacific operating segment increased $ 31.9 million to $ 68.3 million in 2016 from $ 36.4 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation . this increase was offset by investments in our direct-to-consumer business and entry into new territories . 2022 operating loss in our latin america operating segment increased $ 3.3 million to $ 33.9 million in 2016 from $ 30.6 million in 2015 primarily due to increased investments to support growth in the region and the economic challenges in brazil during the period . this increase in operating loss was offset by sales growth discussed above and reductions in incentive compensation . 2022 operating loss in our connected fitness segment decreased $ 24.5 million to $ 36.8 million in 2016 from $ 61.3 million in 2015 primarily driven by sales growth discussed above . seasonality historically , we have recognized a majority of our net revenues and a significant portion of our income from operations in the last two quarters of the year , driven primarily by increased sales volume of our products during the fall selling season , including our higher priced cold weather products , along with a larger proportion of higher margin direct to consumer sales . the level of our working capital generally reflects the seasonality and growth in our business . we generally expect inventory , accounts payable and certain accrued expenses to be higher in the second and third quarters in preparation for the fall selling season. .\nQuestion: in 2016, what was the amount of the emea segment?\nAnswer: 11420.0\nQuestion: and what was the total operating income?\n" }, { "role": "agent", "content": "417471.0" } ]
CONVFINQA6331	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 11 2014executive compensation we incorporate by reference in this item 11 the information relating to executive and director compensation contained under the headings 201cother information about the board and its committees , 201d 201ccompensation and other benefits 201d and 201creport of the compensation committee 201d from our proxy statement to be delivered in connection with our 2013 annual meeting of shareholders to be held on november 20 , 2013 . item 12 2014security ownership of certain beneficial owners and management and related stockholder matters we incorporate by reference in this item 12 the information relating to ownership of our common stock by certain persons contained under the headings 201ccommon stock ownership of management 201d and 201ccommon stock ownership by certain other persons 201d from our proxy statement to be delivered in connection with our 2013 annual meeting of shareholders to be held on november 20 , 2013 . the following table provides certain information as of may 31 , 2013 concerning the shares of the company 2019s common stock that may be issued under existing equity compensation plans . for more information on these plans , see note 11 to notes to consolidated financial statements . plan category number of securities to be issued upon exercise of outstanding options , warrants and rights weighted- average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders : 1765510 $ 34.92 7927210 ( 1 ) equity compensation plans not approved by security holders : 2014 2014 2014 . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of securities to be issued upon exercise of outstanding options warrants and rights ( a )</td><td>weighted-average exerciseprice of outstanding options warrants and rights ( b )</td><td>number of securitiesremaining available forfuture issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )</td><td>-</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders:</td><td>1765510</td><td>$ 34.92</td><td>7927210</td><td>-1 ( 1 )</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders:</td><td>2014</td><td>2014</td><td>2014</td><td>-</td></tr><tr><td>4</td><td>total</td><td>1765510</td><td>$ 34.92</td><td>7927210</td><td>-1 ( 1 )</td></tr></table> ( 1 ) also includes shares of common stock available for issuance other than upon the exercise of an option , warrant or right under the global payments inc . 2000 long-term incentive plan , as amended and restated , the global payments inc . amended and restated 2005 incentive plan , amended and restated 2000 non- employee director stock option plan , global payments employee stock purchase plan and the global payments inc . 2011 incentive plan . item 13 2014certain relationships and related transactions , and director independence we incorporate by reference in this item 13 the information regarding certain relationships and related transactions between us and some of our affiliates and the independence of our board of directors contained under the headings 201ccertain relationships and related transactions 201d and 201cother information about the board and its committees 201d from our proxy statement to be delivered in connection with our 2013 annual meeting of shareholders to be held on november 20 , 2013 . item 14 2014principal accounting fees and services we incorporate by reference in this item 14 the information regarding principal accounting fees and services contained under the section ratification of the reappointment of auditors from our proxy statement to be delivered in connection with our 2013 annual meeting of shareholders to be held on november 20 , 2013. .\nQuestion: what was the number of securities remaining available for future issuance under equity compensation plans?\nAnswer: 7927210.0\nQuestion: and the weighted average exercise price of outstanding options?\nAnswer: 34.92\nQuestion: so what was the value of the available securities for future issuance?\n" }, { "role": "agent", "content": "276818173.2" } ]
CONVFINQA1476	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nlong-term product offerings include active and index strategies . our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile . we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction . in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index . index strategies include both our non-etf index products and ishares etfs . although many clients use both active and index strategies , the application of these strategies may differ . for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns . in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates . this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings . equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion . net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities . ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively . blackrock 2019s effective fee rates fluctuate due to changes in aum mix . approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s . equity strategies . accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s . markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues . fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion . in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients . fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds . non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions . multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities . investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays . component changes in multi-asset aum for 2016 are presented below . ( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 312015</td><td>net inflows ( outflows )</td><td>marketchange</td><td>fx impact</td><td>december 312016</td></tr><tr><td>2</td><td>asset allocation and balanced</td><td>$ 185836</td><td>$ -10332 ( 10332 )</td><td>$ 6705</td><td>$ -5534 ( 5534 )</td><td>$ 176675</td></tr><tr><td>3</td><td>target date/risk</td><td>125664</td><td>13500</td><td>10189</td><td>79</td><td>149432</td></tr><tr><td>4</td><td>fiduciary</td><td>64433</td><td>998</td><td>5585</td><td>-2621 ( 2621 )</td><td>68395</td></tr><tr><td>5</td><td>futureadvisor ( 1 )</td><td>403</td><td>61</td><td>41</td><td>2014</td><td>505</td></tr><tr><td>6</td><td>total</td><td>$ 376336</td><td>$ 4227</td><td>$ 22520</td><td>$ -8076 ( 8076 )</td><td>$ 395007</td></tr></table> ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings . multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients . defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings . retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . flagship products in this category include our global allocation and multi-asset income fund families . 2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion . institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings . lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .\nQuestion: what was the target date/risk in 2016?\nAnswer: 149432.0\nQuestion: and what was it in 2015?\n" }, { "role": "agent", "content": "125664.0" } ]
CONVFINQA1441	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>( $ 166137 )</td><td>( $ 51232 )</td><td>( $ 52742 )</td><td>$ 2218</td></tr></table> see note 4 to the financial statements for a description of the money pool . entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 . entergy arkansas also has a $ 20 million credit facility scheduled to expire in april 2018 . a0 a0the $ 150 million credit facility permits the issuance of letters of credit against $ 5 million of the borrowing capacity of the facility . as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities . in addition , entergy arkansas is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso . as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility . see note 4 to the financial statements for further discussion of the credit facilities . the entergy arkansas nuclear fuel company variable interest entity has a credit facility in the amount of $ 80 million scheduled to expire in may 2019 . a0 a0as of december 31 , 2017 , $ 50 million in letters of credit to support a like amount of commercial paper issued and $ 24.9 million in loans were outstanding under the entergy arkansas nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility . entergy arkansas obtained authorizations from the ferc through october 2019 for short-term borrowings not to exceed an aggregate amount of $ 250 million at any time outstanding and borrowings by its nuclear fuel company variable interest entity . see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits . the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 . entergy arkansas , inc . and subsidiaries management 2019s financial discussion and analysis state and local rate regulation and fuel-cost recovery retail rates 2015 base rate filing in april 2015 , entergy arkansas filed with the apsc for a general change in rates , charges , and tariffs . the filing notified the apsc of entergy arkansas 2019s intent to implement a forward test year formula rate plan pursuant to arkansas legislation passed in 2015 , and requested a retail rate increase of $ 268.4 million , with a net increase in revenue of $ 167 million . the filing requested a 10.2% ( 10.2 % ) return on common equity . in september 2015 the apsc staff and intervenors filed direct testimony , with the apsc staff recommending a revenue requirement of $ 217.9 million and a 9.65% ( 9.65 % ) return on common equity . in december 2015 , entergy arkansas , the apsc staff , and certain of the intervenors in the rate case filed with the apsc a joint motion for approval of a settlement of the case that proposed a retail rate increase of approximately $ 225 million with a net increase in revenue of approximately $ 133 million ; an authorized return on common equity of 9.75% ( 9.75 % ) ; and a formula rate plan tariff that provides a +/- 50 basis point band around the 9.75% ( 9.75 % ) allowed return on common equity . a significant portion of the rate increase is related to entergy arkansas 2019s acquisition in march 2016 of union power station power block 2 for a base purchase price of $ 237 million . the settlement agreement also provided for amortization over a 10-year period of $ 7.7 million of previously-incurred costs related to ano post-fukushima compliance and $ 9.9 million of previously-incurred costs related to ano flood barrier compliance . a settlement hearing was held in january 2016 . in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million . the settling parties agreed to the apsc modifications in february 2016 . the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 . in march 2016 , entergy arkansas made a compliance filing regarding the .\nQuestion: what were the receivables due in 2017?\n" }, { "role": "agent", "content": "166137.0" } ]
CONVFINQA252	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nunited parcel service , inc . and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net income</td><td>$ 807</td><td>$ 3804</td><td>$ 3338</td></tr><tr><td>3</td><td>non-cash operating activities ( a )</td><td>7301</td><td>4505</td><td>4398</td></tr><tr><td>4</td><td>pension and postretirement plan contributions ( ups-sponsored plans )</td><td>-917 ( 917 )</td><td>-1436 ( 1436 )</td><td>-3240 ( 3240 )</td></tr><tr><td>5</td><td>income tax receivables and payables</td><td>280</td><td>236</td><td>-319 ( 319 )</td></tr><tr><td>6</td><td>changes in working capital and other noncurrent assets and liabilities</td><td>-148 ( 148 )</td><td>-12 ( 12 )</td><td>-340 ( 340 )</td></tr><tr><td>7</td><td>other operating activities</td><td>-107 ( 107 )</td><td>-24 ( 24 )</td><td>-2 ( 2 )</td></tr><tr><td>8</td><td>net cash from operating activities</td><td>$ 7216</td><td>$ 7073</td><td>$ 3835</td></tr></table> ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items . cash from operating activities remained strong throughout the 2010 to 2012 time period . operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business . the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph . except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans . 2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan . 2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 . 2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan . 2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s . postretirement medical benefit plans . as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans . as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion . approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v . ( see note 16 to the consolidated financial statements ) . excluding this portion of cash held outside the u.s . for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year . the amount of cash held by our u.s . and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business . cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners . to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s . when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .\nQuestion: what is the net income in 2012?\nAnswer: 807.0\nQuestion: what about in 2011\nAnswer: 3804.0\nQuestion: what is the difference in net revenue in these years?\n" }, { "role": "agent", "content": "-2997.0" } ]
CONVFINQA9751	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents the notional amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the company 2019s exposure to credit or market loss . the credit risk amounts represent the company 2019s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract , based on then-current currency or interest rates at each respective date . the company 2019s exposure to credit loss and market risk will vary over time as currency and interest rates change . although the table above reflects the notional and credit risk amounts of the company 2019s derivative instruments , it does not reflect the gains or losses associated with the exposures and transactions that the instruments are intended to hedge . the amounts ultimately realized upon settlement of these financial instruments , together with the gains and losses on the underlying exposures , will depend on actual market conditions during the remaining life of the instruments . the company generally enters into master netting arrangements , which are designed to reduce credit risk by permitting net settlement of transactions with the same counterparty . to further limit credit risk , the company generally enters into collateral security arrangements that provide for collateral to be received or posted when the net fair value of certain financial instruments fluctuates from contractually established thresholds . the company presents its derivative assets and derivative liabilities at their gross fair values in its consolidated balance sheets . the net cash collateral received by the company related to derivative instruments under its collateral security arrangements was $ 1.0 billion as of september 26 , 2015 and $ 2.1 billion as of september 27 , 2014 . under master netting arrangements with the respective counterparties to the company 2019s derivative contracts , the company is allowed to net settle transactions with a single net amount payable by one party to the other . as of september 26 , 2015 and september 27 , 2014 , the potential effects of these rights of set-off associated with the company 2019s derivative contracts , including the effects of collateral , would be a reduction to both derivative assets and derivative liabilities of $ 2.2 billion and $ 1.6 billion , respectively , resulting in net derivative liabilities of $ 78 million and $ 549 million , respectively . accounts receivable receivables the company has considerable trade receivables outstanding with its third-party cellular network carriers , wholesalers , retailers , value-added resellers , small and mid-sized businesses and education , enterprise and government customers . the company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk . in addition , when possible , the company attempts to limit credit risk on trade receivables with credit insurance for certain customers or by requiring third-party financing , loans or leases to support credit exposure . these credit-financing arrangements are directly between the third-party financing company and the end customer . as such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements . as of september 26 , 2015 , the company had one customer that represented 10% ( 10 % ) or more of total trade receivables , which accounted for 12% ( 12 % ) . as of september 27 , 2014 , the company had two customers that represented 10% ( 10 % ) or more of total trade receivables , one of which accounted for 16% ( 16 % ) and the other 13% ( 13 % ) . the company 2019s cellular network carriers accounted for 71% ( 71 % ) and 72% ( 72 % ) of trade receivables as of september 26 , 2015 and september 27 , 2014 , respectively . vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these components directly from suppliers . vendor non-trade receivables from three of the company 2019s vendors accounted for 38% ( 38 % ) , 18% ( 18 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 26 , 2015 and three of the company 2019s vendors accounted for 51% ( 51 % ) , 16% ( 16 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 27 , 2014 . note 3 2013 consolidated financial statement details the following tables show the company 2019s consolidated financial statement details as of september 26 , 2015 and september 27 , 2014 ( in millions ) : property , plant and equipment , net . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>land and buildings</td><td>$ 6956</td><td>$ 4863</td></tr><tr><td>3</td><td>machinery equipment and internal-use software</td><td>37038</td><td>29639</td></tr><tr><td>4</td><td>leasehold improvements</td><td>5263</td><td>4513</td></tr><tr><td>5</td><td>gross property plant and equipment</td><td>49257</td><td>39015</td></tr><tr><td>6</td><td>accumulated depreciation and amortization</td><td>-26786 ( 26786 )</td><td>-18391 ( 18391 )</td></tr><tr><td>7</td><td>total property plant and equipment net</td><td>$ 22471</td><td>$ 20624</td></tr></table> apple inc . \| 2015 form 10-k \| 53 .\nQuestion: what was the change in total property plant and equipment net from 2014 to 2015?\nAnswer: 1847.0\nQuestion: and how much does this change represent in relation to that net in 2014, in percentage?\n" }, { "role": "agent", "content": "0.08956" } ]
CONVFINQA3001	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 7 . derivative financial instruments under the terms of the credit facility , the company is required to enter into interest rate protection agreements on at least 50% ( 50 % ) of its variable rate debt . under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract . such exposure is limited to the current value of the contract at the time the counterparty fails to perform . the company believes its contracts as of december 31 , 2004 are with credit worthy institutions . as of december 31 , 2004 , the company had two interest rate caps outstanding with an aggregate notional amount of $ 350.0 million ( each at an interest rate of 6.0% ( 6.0 % ) ) that expire in 2006 . as of december 31 , 2003 , the company had three interest rate caps outstanding with an aggregate notional amount of $ 500.0 million ( each at a rate of 5.0% ( 5.0 % ) ) that expired in 2004 . as of december 31 , 2004 and 2003 , there was no fair value associated with any of these interest rate caps . during the year ended december 31 , 2003 , the company recorded an unrealized loss of approximately $ 0.3 million ( net of a tax benefit of approximately $ 0.2 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 5.9 million ( net of a tax benefit of approximately $ 3.2 million ) into results of operations . during the year ended december 31 , 2002 , the company recorded an unrealized loss of approximately $ 9.1 million ( net of a tax benefit of approximately $ 4.9 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 19.5 million ( net of a tax benefit of approximately $ 10.5 million ) into results of operations . hedge ineffectiveness resulted in a gain of approximately $ 1.0 million for the year ended december 31 , 2002 , which is recorded in other expense in the accompanying consolidated statement of operations . the company records the changes in fair value of its derivative instruments that are not accounted for as hedges in other expense . the company did not reclassify any derivative losses into its statement of operations for the year ended december 31 , 2004 and does not anticipate reclassifying any derivative losses into its statement of operations within the next twelve months , as there are no amounts included in other comprehensive loss as of december 31 , 2004 . 8 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are straight-lined over the term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2004 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2005</td><td>$ 106116</td></tr><tr><td>2</td><td>2006</td><td>106319</td></tr><tr><td>3</td><td>2007</td><td>106095</td></tr><tr><td>4</td><td>2008</td><td>106191</td></tr><tr><td>5</td><td>2009</td><td>106214</td></tr><tr><td>6</td><td>thereafter</td><td>1570111</td></tr><tr><td>7</td><td>total</td><td>$ 2101046</td></tr></table> aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2004 , 2003 and 2002 approximated $ 118741000 , $ 113956000 , and $ 109644000 , respectively. .\nQuestion: what was the aggregate rent expense in 2003?\n" }, { "role": "agent", "content": "113956000.0" } ]
CONVFINQA2208	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe redemptions resulted in an early extinguishment charge of $ 5 million . on march 22 , 2010 , we redeemed $ 175 million of our 6.5% ( 6.5 % ) notes due april 15 , 2012 . the redemption resulted in an early extinguishment charge of $ 16 million in the first quarter of 2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 as of december 31 , 2011 and 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10 ) . 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities , including our headquarters building ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 3.9 billion as of december 31 , 2011 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2011 and 2010 included $ 2458 million , net of $ 915 million of accumulated depreciation , and $ 2520 million , net of $ 901 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2011 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2012</td><td>$ 525</td><td>$ 297</td></tr><tr><td>3</td><td>2013</td><td>489</td><td>269</td></tr><tr><td>4</td><td>2014</td><td>415</td><td>276</td></tr><tr><td>5</td><td>2015</td><td>372</td><td>276</td></tr><tr><td>6</td><td>2016</td><td>347</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2380</td><td>1179</td></tr><tr><td>8</td><td>total minimum leasepayments</td><td>$ 4528</td><td>$ 2559</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-685 ( 685 )</td></tr><tr><td>10</td><td>present value of minimum leasepayments</td><td>n/a</td><td>$ 1874</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 637 million in 2011 , $ 624 million in 2010 , and $ 686 million in 2009 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .\nQuestion: what was the principal amount of the 6.5% notes redeemed?\nAnswer: 175.0\nQuestion: what was the interest rate on these notes?\n" }, { "role": "agent", "content": "0.065" } ]
CONVFINQA901	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstock price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on january 3 , 2009 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index january 3 , january 2 , january 1 , december 31 , december 29 , december 28 . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>january 3 2009</td><td>january 2 2010</td><td>january 1 2011</td><td>december 31 2011</td><td>december 29 2012</td><td>december 28 2013</td></tr><tr><td>2</td><td>advance auto parts</td><td>$ 100.00</td><td>$ 119.28</td><td>$ 195.80</td><td>$ 206.86</td><td>$ 213.14</td><td>$ 327.63</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.00</td><td>119.67</td><td>134.97</td><td>134.96</td><td>150.51</td><td>197.62</td></tr><tr><td>4</td><td>s&p retail index</td><td>100.00</td><td>141.28</td><td>174.70</td><td>179.79</td><td>219.77</td><td>321.02</td></tr></table> .\nQuestion: what was the price of advance auto parts in 2011?\nAnswer: 195.8\nQuestion: what was the price in 2009?\nAnswer: 100.0\nQuestion: what is the difference?\nAnswer: 95.8\nQuestion: what is the percent change?\nAnswer: 0.958\nQuestion: what is that times 1?\n" }, { "role": "agent", "content": "0.958" } ]
CONVFINQA6592	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nconstruction of cvn-79 john f . kennedy , construction of the u.s . coast guard 2019s fifth national security cutter ( unnamed ) , advance planning efforts for the cvn-72 uss abraham lincoln rcoh , and continued execution of the cvn-71 uss theodore roosevelt rcoh . 2010 2014the value of new contract awards during the year ended december 31 , 2010 , was approximately $ 3.6 billion . significant new awards during this period included $ 480 million for the construction of the u.s . coast guard 2019s fourth national security cutter hamilton , $ 480 million for design and long-lead material procurement activities for the cvn-79 john f . kennedy aircraft carrier , $ 377 million for cvn-78 gerald r . ford , $ 224 million for lha-7 ( unnamed ) , $ 184 million for lpd-26 john p . murtha , $ 114 million for ddg-114 ralph johnson and $ 62 million for long-lead material procurement activities for lpd-27 ( unnamed ) . liquidity and capital resources we endeavor to ensure the most efficient conversion of operating results into cash for deployment in operating our businesses and maximizing stockholder value . we use various financial measures to assist in capital deployment decision making , including net cash provided by operating activities and free cash flow . we believe these measures are useful to investors in assessing our financial performance . the table below summarizes key components of cash flow provided by ( used in ) operating activities: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td></tr><tr><td>2</td><td>net earnings ( loss )</td><td>$ -94 ( 94 )</td><td>$ 135</td><td>$ 124</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td></tr><tr><td>4</td><td>deferred income taxes</td><td>27</td><td>-19 ( 19 )</td><td>-98 ( 98 )</td></tr><tr><td>5</td><td>depreciation and amortization</td><td>190</td><td>183</td><td>186</td></tr><tr><td>6</td><td>stock-based compensation</td><td>42</td><td>0</td><td>0</td></tr><tr><td>7</td><td>retiree benefit funding less than ( in excess of ) expense</td><td>122</td><td>33</td><td>-28 ( 28 )</td></tr><tr><td>8</td><td>trade working capital decrease ( increase )</td><td>-49 ( 49 )</td><td>27</td><td>-272 ( 272 )</td></tr><tr><td>9</td><td>net cash provided by ( used in ) operating activities</td><td>$ 528</td><td>$ 359</td><td>$ -88 ( 88 )</td></tr></table> cash flows we discuss below our major operating , investing and financing activities for each of the three years in the period ended december 31 , 2011 , as classified on our consolidated statements of cash flows . operating activities 2011 2014cash provided by operating activities was $ 528 million in 2011 compared with $ 359 million in 2010 . the increase of $ 169 million was due principally to increased earnings net of impairment charges and lower pension contributions , offset by an increase in trade working capital . net cash paid by northrop grumman on our behalf for u.s . federal income tax obligations was $ 53 million . we expect cash generated from operations for 2012 to be sufficient to service debt , meet contract obligations , and finance capital expenditures . although 2012 cash from operations is expected to be sufficient to service these obligations , we may from time to time borrow funds under our credit facility to accommodate timing differences in cash flows . 2010 2014net cash provided by operating activities was $ 359 million in 2010 compared with cash used of $ 88 million in 2009 . the change of $ 447 million was due principally to a decrease in discretionary pension contributions of $ 97 million , a decrease in trade working capital of $ 299 million , and a decrease in deferred income taxes of $ 79 million . in 2009 , trade working capital balances included the unfavorable impact of delayed customer billings associated with the negative performance adjustments on the lpd-22 through lpd-25 contract due to projected cost increases at completion . see note 7 : contract charges in item 8 . the change in deferred taxes was due principally to the timing of contract related deductions . u.s . federal income tax payments made by northrop grumman on our behalf were $ 89 million in 2010. .\nQuestion: what is the net cash flow by operating activities in 2010?\n" }, { "role": "agent", "content": "359.0" } ]
CONVFINQA214	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncash flows from operating activities can fluctuate significantly from period to period , as pension funding decisions , tax timing differences and other items can significantly impact cash flows . in both 2007 and 2006 , the company made discretionary contributions of $ 200 million to its u.s . qualified pension plan , and in 2005 made discretionary contributions totaling $ 500 million . in 2007 , cash flows provided by operating activities increased $ 436 million , including an increase in net income of $ 245 million . since the gain from sale of businesses is included in and increases net income , the pre-tax gain from the sale of the businesses must be subtracted , as shown above , to properly reflect operating cash flows . the cash proceeds from the sale of the pharmaceuticals business are shown as part of cash from investing activities ; however , when the related taxes are paid they are required to be shown as part of cash provided by operating activities . thus , operating cash flows for 2007 were penalized due to cash income tax payments of approximately $ 630 million in 2007 that related to the sale of the global branded pharmaceuticals business . non-pharmaceutical related cash income tax payments were approximately $ 475 million lower than 2006 due to normal timing differences in tax payments , which benefited cash flows . accounts receivable and inventory increases reduced cash flows in 2007 , but decreased cash flow less than in 2006 , resulting in a year-on-year benefit to cash flows of $ 323 million . the category 201cother-net 201d in the preceding table reflects changes in other asset and liability accounts , including the impact of cash payments made in connection with 3m 2019s restructuring actions ( note 4 ) . in 2006 , cash flows provided by operating activities decreased $ 365 million . this decrease was due in large part to an increase of approximately $ 600 million in tax payments in 2006 compared with 2005 . the higher tax payments in 2006 primarily related to the company 2019s repatriation of $ 1.7 billion of foreign earnings in the united states pursuant to the provisions of the american jobs creation act of 2004 . the category 201cother-net 201d in the preceding table reflects changes in other asset and liability accounts , including outstanding liabilities at december 31 , 2006 , related to 3m 2019s restructuring actions ( note 4 ) . cash flows from investing activities : years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>purchases of property plant and equipment ( pp&e )</td><td>$ -1422 ( 1422 )</td><td>$ -1168 ( 1168 )</td><td>$ -943 ( 943 )</td></tr><tr><td>3</td><td>proceeds from sale of pp&e and other assets</td><td>103</td><td>49</td><td>41</td></tr><tr><td>4</td><td>acquisitions net of cash acquired</td><td>-539 ( 539 )</td><td>-888 ( 888 )</td><td>-1293 ( 1293 )</td></tr><tr><td>5</td><td>proceeds from sale of businesses</td><td>897</td><td>1209</td><td>2014</td></tr><tr><td>6</td><td>purchases and proceeds from sale or maturities of marketable securities and investments 2014 net</td><td>-406 ( 406 )</td><td>-662 ( 662 )</td><td>-46 ( 46 )</td></tr><tr><td>7</td><td>net cash used in investing activities</td><td>$ -1367 ( 1367 )</td><td>$ -1460 ( 1460 )</td><td>$ -2241 ( 2241 )</td></tr></table> investments in property , plant and equipment enable growth in diverse markets , helping to meet product demand and increasing manufacturing efficiency . in 2007 , numerous plants were opened or expanded internationally . this included two facilities in korea ( respirator manufacturing facility and optical plant ) , an optical plant in poland , industrial adhesives/tapes facilities in both brazil and the philippines , a plant in russia ( corrosion protection , industrial adhesive and tapes , and respirators ) , a plant in china ( optical systems , industrial adhesives and tapes , and personal care ) , an expansion in canada ( construction and home improvement business ) , in addition to investments in india , mexico and other countries . in addition , 3m expanded manufacturing capabilities in the u.s. , including investments in industrial adhesives/tapes and optical . 3m also exited several high-cost underutilized manufacturing facilities and streamlined several supply chains by relocating equipment from one facility to another . the streamlining work has primarily occurred inside the u.s . and is in addition to the streamlining achieved through plant construction . as a result of this increased activity , capital expenditures were $ 1.422 billion in 2007 , an increase of $ 254 million when compared to 2006 . the company expects capital expenditures to total approximately $ 1.3 billion to $ 1.4 billion in 2008 . refer to the preceding 201ccapital spending/net property , plant and equipment 201d section for more detail . refer to note 2 for information on 2007 , 2006 and 2005 acquisitions . note 2 also provides information on the proceeds from the sale of businesses . the company is actively considering additional acquisitions , investments and strategic alliances , and from time to time may also divest certain businesses . purchases of marketable securities and investments and proceeds from sale ( or maturities ) of marketable securities and investments are primarily attributable to asset-backed securities , agency securities , corporate medium-term note securities , auction rate securities and other securities , which are classified as available-for-sale . refer to note 9 for more details about 3m 2019s diversified marketable securities portfolio , which totaled $ 1.059 billion as of december 31 , 2007 . purchases of marketable securities , net of sales and maturities , totaled $ 429 million for 2007 and $ 637 million for 2006 . purchases of investments in 2005 include the purchase of 19% ( 19 % ) of ti&m beteiligungsgesellschaft mbh for .\nQuestion: what is the net cash used in investing activities in 2007?\nAnswer: -1367.0\nQuestion: what about in 2006?\n" }, { "role": "agent", "content": "-1460.0" } ]
CONVFINQA5040	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsources of blackrock 2019s operating cash primarily include investment advisory , administration fees and securities lending revenue , performance fees , revenue from blackrock solutions and advisory products and services , other revenue and distribution fees . blackrock uses its cash to pay all operating expense , interest and principal on borrowings , income taxes , dividends on blackrock 2019s capital stock , repurchases of the company 2019s stock , capital expenditures and purchases of co-investments and seed investments . for details of the company 2019s gaap cash flows from operating , investing and financing activities , see the consolidated statements of cash flows contained in part ii , item 8 of this filing . cash flows from operating activities , excluding the impact of consolidated sponsored investment funds , primarily include the receipt of investment advisory and administration fees , securities lending revenue and performance fees offset by the payment of operating expenses incurred in the normal course of business , including year-end incentive compensation accrued for in the prior year . cash outflows from investing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 58 million and primarily reflected $ 384 million of investment purchases , $ 119 million of purchases of property and equipment and $ 30 million related to an acquisition , partially offset by $ 441 million of net proceeds from sales and maturities of certain investments . cash outflows from financing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 2831 million , primarily resulting from $ 1.4 billion of share repurchases , including $ 1.1 billion in open market- transactions and $ 274 million of employee tax withholdings related to employee stock transactions and $ 1.5 billion of cash dividend payments , partially offset by $ 82 million of excess tax benefits from vested stock-based compensation awards . the company manages its financial condition and funding to maintain appropriate liquidity for the business . liquidity resources at december 31 , 2016 and 2015 were as follows : ( in millions ) december 31 , december 31 , cash and cash equivalents ( 1 ) $ 6091 $ 6083 cash and cash equivalents held by consolidated vres ( 2 ) ( 53 ) ( 100 ) . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 31 2016</td><td>december 31 2015</td></tr><tr><td>2</td><td>cash and cash equivalents ( 1 )</td><td>$ 6091</td><td>$ 6083</td></tr><tr><td>3</td><td>cash and cash equivalents held by consolidated vres ( 2 )</td><td>-53 ( 53 )</td><td>-100 ( 100 )</td></tr><tr><td>4</td><td>subtotal</td><td>6038</td><td>5983</td></tr><tr><td>5</td><td>credit facility 2014 undrawn</td><td>4000</td><td>4000</td></tr><tr><td>6</td><td>total liquidity resources ( 3 )</td><td>$ 10038</td><td>$ 9983</td></tr></table> total liquidity resources ( 3 ) $ 10038 $ 9983 ( 1 ) the percentage of cash and cash equivalents held by the company 2019s u.s . subsidiaries was approximately 50% ( 50 % ) at both december 31 , 2016 and 2015 . see net capital requirements herein for more information on net capital requirements in certain regulated subsidiaries . ( 2 ) the company cannot readily access such cash to use in its operating activities . ( 3 ) amounts do not reflect year-end incentive compensation accruals of approximately $ 1.3 billion and $ 1.5 billion for 2016 and 2015 , respectively , which were paid in the first quarter of the following year . total liquidity resources increased $ 55 million during 2016 , primarily reflecting cash flows from operating activities , partially offset by cash payments of 2015 year-end incentive awards , share repurchases of $ 1.4 billion and cash dividend payments of $ 1.5 billion . a significant portion of the company 2019s $ 2414 million of total investments , as adjusted , is illiquid in nature and , as such , cannot be readily convertible to cash . share repurchases . the company repurchased 3.3 million common shares in open market-transactions under its share repurchase program for $ 1.1 billion during 2016 . at december 31 , 2016 , there were 3 million shares still authorized to be repurchased . in january 2017 , the board of directors approved an increase in the shares that may be repurchased under the company 2019s existing share repurchase program to allow for the repurchase of an additional 6 million shares for a total up to 9 million shares of blackrock common stock . net capital requirements . the company is required to maintain net capital in certain regulated subsidiaries within a number of jurisdictions , which is partially maintained by retaining cash and cash equivalent investments in those subsidiaries or jurisdictions . as a result , such subsidiaries of the company may be restricted in their ability to transfer cash between different jurisdictions and to their parents . additionally , transfers of cash between international jurisdictions , including repatriation to the united states , may have adverse tax consequences that could discourage such transfers . blackrock institutional trust company , n.a . ( 201cbtc 201d ) is chartered as a national bank that does not accept client deposits and whose powers are limited to trust and other fiduciary activities . btc provides investment management services , including investment advisory and securities lending agency services , to institutional investors and other clients . btc is subject to regulatory capital and liquid asset requirements administered by the office of the comptroller of the currency . at december 31 , 2016 and 2015 , the company was required to maintain approximately $ 1.4 billion and $ 1.1 billion , respectively , in net capital in certain regulated subsidiaries , including btc , entities regulated by the financial conduct authority and prudential regulation authority in the united kingdom , and the company 2019s broker-dealers . the company was in compliance with all applicable regulatory net capital requirements . undistributed earnings of foreign subsidiaries . as of december 31 , 2016 , the company has not provided for u.s . federal and state income taxes on approximately $ 5.3 billion of undistributed earnings of its foreign subsidiaries . such earnings are considered indefinitely reinvested outside the united states . the company 2019s current plans do not demonstrate a need to repatriate these funds . short-term borrowings 2016 revolving credit facility . the company 2019s credit facility has an aggregate commitment amount of $ 4.0 billion and was amended in april 2016 to extend the maturity date to march 2021 ( the 201c2016 credit facility 201d ) . the 2016 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2016 credit facility to an aggregate principal amount not to exceed $ 5.0 billion . interest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread . the 2016 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to .\nQuestion: what was the value of shares repurchased during 2016?\nAnswer: 1.1\nQuestion: what is that times 1000?\n" }, { "role": "agent", "content": "1100.0" } ]
CONVFINQA5202	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n52 2013 ppg annual report and form 10-k repatriation of undistributed earnings of non-u.s . subsidiaries as of december 31 , 2013 and december 31 , 2012 would have resulted in a u.s . tax cost of approximately $ 250 million and $ 110 million , respectively . the company files federal , state and local income tax returns in numerous domestic and foreign jurisdictions . in most tax jurisdictions , returns are subject to examination by the relevant tax authorities for a number of years after the returns have been filed . the company is no longer subject to examinations by tax authorities in any major tax jurisdiction for years before 2006 . additionally , the internal revenue service has completed its examination of the company 2019s u.s . federal income tax returns filed for years through 2010 . the examination of the company 2019s u.s . federal income tax return for 2011 is currently underway and is expected to be finalized during 2014 . a reconciliation of the total amounts of unrecognized tax benefits ( excluding interest and penalties ) as of december 31 follows: . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 82</td><td>$ 107</td><td>$ 111</td></tr><tr><td>3</td><td>additions based on tax positions related to the current year</td><td>12</td><td>12</td><td>15</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>9</td><td>2</td><td>17</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-10 ( 10 )</td><td>-12 ( 12 )</td><td>-19 ( 19 )</td></tr><tr><td>6</td><td>pre-acquisition unrecognized tax benefits</td><td>2014</td><td>2</td><td>2014</td></tr><tr><td>7</td><td>reductions for expiration of the applicable statute of limitations</td><td>-10 ( 10 )</td><td>-6 ( 6 )</td><td>-7 ( 7 )</td></tr><tr><td>8</td><td>settlements</td><td>2014</td><td>-23 ( 23 )</td><td>-8 ( 8 )</td></tr><tr><td>9</td><td>foreign currency translation</td><td>2</td><td>2014</td><td>-2 ( 2 )</td></tr><tr><td>10</td><td>balance at december 31</td><td>$ 85</td><td>$ 82</td><td>$ 107</td></tr></table> the company expects that any reasonably possible change in the amount of unrecognized tax benefits in the next 12 months would not be significant . the total amount of unrecognized tax benefits that , if recognized , would affect the effective tax rate was $ 81 million as of december 31 , 2013 . the company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense . as of december 31 , 2013 , 2012 and 2011 , the company had liabilities for estimated interest and penalties on unrecognized tax benefits of $ 9 million , $ 10 million and $ 15 million , respectively . the company recognized $ 2 million and $ 5 million of income in 2013 and 2012 , respectively , related to the reduction of estimated interest and penalties . the company recognized no income or expense for estimated interest and penalties during the year ended december 31 , 2011 . 13 . pensions and other postretirement benefits defined benefit plans ppg has defined benefit pension plans that cover certain employees worldwide . the principal defined benefit pension plans are those in the u.s. , canada , the netherlands and the u.k . which , in the aggregate represent approximately 91% ( 91 % ) of the projected benefit obligation at december 31 , 2013 , of which the u.s . defined benefit pension plans represent the majority . ppg also sponsors welfare benefit plans that provide postretirement medical and life insurance benefits for certain u.s . and canadian employees and their dependents . these programs require retiree contributions based on retiree-selected coverage levels for certain retirees and their dependents and provide for sharing of future benefit cost increases between ppg and participants based on management discretion . the company has the right to modify or terminate certain of these benefit plans in the future . salaried and certain hourly employees in the u.s . hired on or after october 1 , 2004 , or rehired on or after october 1 , 2012 are not eligible for postretirement medical benefits . salaried employees in the u.s . hired , rehired or transferred to salaried status on or after january 1 , 2006 , and certain u.s . hourly employees hired in 2006 or thereafter are eligible to participate in a defined contribution retirement plan . these employees are not eligible for defined benefit pension plan benefits . plan design changes in january 2011 , the company approved an amendment to one of its u.s . defined benefit pension plans that represented about 77% ( 77 % ) of the total u.s . projected benefit obligation at december 31 , 2011 . depending upon the affected employee's combined age and years of service to ppg , this change resulted in certain employees no longer accruing benefits under this plan as of december 31 , 2011 , while the remaining employees will no longer accrue benefits under this plan as of december 31 , 2020 . the affected employees will participate in the company 2019s defined contribution retirement plan from the date their benefit under the defined benefit plan is frozen . the company remeasured the projected benefit obligation of this amended plan , which lowered 2011 pension expense by approximately $ 12 million . the company made similar changes to certain other u.s . defined benefit pension plans in 2011 . the company recognized a curtailment loss and special termination benefits associated with these plan amendments of $ 5 million in 2011 . the company plans to continue reviewing and potentially changing other ppg defined benefit plans in the future . separation and merger of commodity chemicals business on january 28 , 2013 , ppg completed the separation of its commodity chemicals business and the merger of the subsidiary holding the ppg commodity chemicals business with a subsidiary of georgia gulf , as discussed in note 22 , 201cseparation and merger transaction . 201d ppg transferred the defined benefit pension plan and other postretirement benefit liabilities for the affected employees in the u.s. , canada , and taiwan in the separation resulting in a net partial settlement loss of $ 33 million notes to the consolidated financial statements .\nQuestion: what was the increase in the balance of unrecognized tax benefits from 2012 to 2013?\nAnswer: 0.76636\nQuestion: and what was that increase from 2011 to 2012?\nAnswer: 1.03659\nQuestion: what is, then, the sum of these increases?\nAnswer: 1.80294\nQuestion: and what is the average between them?\nAnswer: 0.90147\nQuestion: in that same period of 2011 to 2012, what was the total of unrecognized tax benefits, in millions?\nAnswer: 19.0\nQuestion: including 2013, what then becomes this total?\n" }, { "role": "agent", "content": "34.0" } ]
CONVFINQA7863	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncross-border outstandings cross-border outstandings , as defined by bank regulatory rules , are amounts payable to state street by residents of foreign countries , regardless of the currency in which the claim is denominated , and local country claims in excess of local country obligations . these cross-border outstandings consist primarily of deposits with banks , loan and lease financing and investment securities . in addition to credit risk , cross-border outstandings have the risk that , as a result of political or economic conditions in a country , borrowers may be unable to meet their contractual repayment obligations of principal and/or interest when due because of the unavailability of , or restrictions on , foreign exchange needed by borrowers to repay their obligations . cross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>united kingdom</td><td>$ 5836</td><td>$ 5951</td><td>$ 5531</td></tr><tr><td>3</td><td>australia</td><td>2044</td><td>3567</td><td>1519</td></tr><tr><td>4</td><td>canada</td><td>2014</td><td>4565</td><td>2014</td></tr><tr><td>5</td><td>germany</td><td>2014</td><td>2944</td><td>2696</td></tr><tr><td>6</td><td>total cross-border outstandings</td><td>$ 7880</td><td>$ 17027</td><td>$ 9746</td></tr></table> the total cross-border outstandings presented in the table represented 5% ( 5 % ) , 12% ( 12 % ) and 9% ( 9 % ) of our consolidated total assets as of december 31 , 2008 , 2007 and 2006 , respectively . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2008 amounted to $ 3.45 billion ( canada and germany ) . there were no cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 amounted to $ 1.05 billion ( canada ) . capital regulatory and economic capital management both use key metrics evaluated by management to assess whether our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives . regulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors . we strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements . our capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt . our capital committee , working in conjunction with our asset and liability committee , referred to as alco , oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies . the primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve . both state street and state street bank are subject to the minimum capital requirements established by the federal reserve and defined in the federal deposit insurance corporation improvement act .\nQuestion: what was the cross border outstandings for the united kingdom in 2008?\nAnswer: 5836.0\nQuestion: and for 2006?\nAnswer: 5531.0\nQuestion: by how much did this value change during this time?\nAnswer: 305.0\nQuestion: and the percentage increase?\n" }, { "role": "agent", "content": "0.05514" } ]
CONVFINQA8355	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) litigation settlement 2014 during may 2008 , the sec concluded its investigation that began in 2002 into our financial reporting practices , resulting in a settlement charge of $ 12.0 . investment impairments 2014 in 2007 we realized an other-than-temporary charge of $ 5.8 relating to a $ 12.5 investment in auction rate securities , representing our total investment in auction rate securities . for additional information see note 15 . note 6 : intangible assets goodwill goodwill is the excess purchase price remaining from an acquisition after an allocation of purchase price has been made to identifiable assets acquired and liabilities assumed based on estimated fair values . the changes in the carrying value of goodwill by segment for the years ended december 31 , 2008 and 2007 are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>ian</td><td>cmg</td><td>total</td></tr><tr><td>2</td><td>balance as of december 31 2006</td><td>$ 2632.5</td><td>$ 435.3</td><td>$ 3067.8</td></tr><tr><td>3</td><td>current year acquisitions</td><td>86.0</td><td>2014</td><td>86.0</td></tr><tr><td>4</td><td>contingent and deferred payments for prior acquisitions</td><td>4.7</td><td>3.7</td><td>8.4</td></tr><tr><td>5</td><td>amounts allocated to business dispositions</td><td>-5.7 ( 5.7 )</td><td>2014</td><td>-5.7 ( 5.7 )</td></tr><tr><td>6</td><td>other ( primarily foreign currency translation )</td><td>72.2</td><td>2.9</td><td>75.1</td></tr><tr><td>7</td><td>balance as of december 31 2007</td><td>2789.7</td><td>441.9</td><td>3231.6</td></tr><tr><td>8</td><td>current year acquisitions</td><td>99.5</td><td>1.8</td><td>101.3</td></tr><tr><td>9</td><td>contingent and deferred payments for prior acquisitions</td><td>28.9</td><td>1.1</td><td>30.0</td></tr><tr><td>10</td><td>amounts allocated to business dispositions</td><td>-0.4 ( 0.4 )</td><td>2014</td><td>-0.4 ( 0.4 )</td></tr><tr><td>11</td><td>other ( primarily foreign currency translation )</td><td>-127.7 ( 127.7 )</td><td>-13.9 ( 13.9 )</td><td>-141.6 ( 141.6 )</td></tr><tr><td>12</td><td>balance as of december 31 2008</td><td>$ 2790.0</td><td>$ 430.9</td><td>$ 3220.9</td></tr></table> during the latter part of the fourth quarter of 2008 our stock price declined significantly after our annual impairment review as of october 1 , 2008 , and our market capitalization was less than our book value as of december 31 , 2008 . we considered whether there were any events or circumstances indicative of a triggering event and determined that the decline in stock price during the fourth quarter was an event that would 201cmore likely than not 201d reduce the fair value of our individual reporting units below their book value , requiring us to perform an interim impairment test for goodwill at the reporting unit level . based on the interim impairment test conducted , we concluded that there was no impairment of our goodwill as of december 31 , 2008 . we will continue to monitor our stock price as it relates to the reconciliation of our market capitalization and the fair values of our individual reporting units throughout 2009 . during our annual impairment reviews as of october 1 , 2006 our discounted future operating cash flow projections at one of our domestic advertising reporting units indicated that the implied fair value of the goodwill at this reporting unit was less than its book value , primarily due to client losses , resulting in a goodwill impairment charge of $ 27.2 in 2006 in our ian segment . other intangible assets included in other intangible assets are assets with indefinite lives not subject to amortization and assets with definite lives subject to amortization . other intangible assets include non-compete agreements , license costs , trade names and customer lists . intangible assets with definitive lives subject to amortization are amortized on a .\nQuestion: what was the balance of goodwill as of 12/31/08?\nAnswer: 3220.9\nQuestion: and as of 12/31/07?\nAnswer: 3231.6\nQuestion: so what was the difference between these two balances?\nAnswer: -10.7\nQuestion: and the specific value for 12/31/07 again?\nAnswer: 3231.6\nQuestion: so what was the percentage change?\n" }, { "role": "agent", "content": "-0.00331" } ]
CONVFINQA4680	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nzimmer biomet holdings , inc . 2018 form 10-k annual report ( 8 ) we have incurred other various expenses from specific events or projects that we consider highly variable or have a significant impact to our operating results that we have excluded from our non-gaap financial measures . this includes legal entity and operational restructuring as well as our costs of complying with our dpa with the u.s . government related to certain fcpa matters involving biomet and certain of its subsidiaries . under the dpa , which has a three-year term , we are subject to oversight by an independent compliance monitor , which monitorship commenced in july 2017 . the excluded costs include the fees paid to the independent compliance monitor and to external legal counsel assisting in the matter . ( 9 ) represents the tax effects on the previously specified items . the tax effect for the u.s . jurisdiction is calculated based on an effective rate considering federal and state taxes , as well as permanent items . for jurisdictions outside the u.s. , the tax effect is calculated based upon the statutory rates where the items were incurred . ( 10 ) the 2016 period includes negative effects from finalizing the tax accounts for the biomet merger . under the applicable u.s . gaap rules , these measurement period adjustments are recognized on a prospective basis in the period of change . ( 11 ) the 2017 tax act resulted in a net favorable provisional adjustment due to the reduction of deferred tax liabilities for unremitted earnings and revaluation of deferred tax liabilities to a 21 percent rate , which was partially offset by provisional tax charges related to the toll charge provision of the 2017 tax act . in 2018 , we finalized our estimates of the effects of the 2017 tax act based upon final guidance issued by u.s . tax authorities . ( 12 ) other certain tax adjustments in 2018 primarily related to changes in tax rates on deferred tax liabilities recorded on intangible assets recognized in acquisition-related accounting and adjustments from internal restructuring transactions that provide us access to offshore funds in a tax efficient manner . in 2017 , other certain tax adjustments relate to tax benefits from lower tax rates unrelated to the impact of the 2017 tax act , net favorable resolutions of various tax matters and net favorable adjustments from internal restructuring transactions . the 2016 adjustment primarily related to a favorable adjustment to certain deferred tax liabilities recognized as part of acquisition-related accounting and favorable resolution of certain tax matters with taxing authorities offset by internal restructuring transactions that provide us access to offshore funds in a tax efficient manner . ( 13 ) diluted share count used in adjusted diluted eps : year ended december 31 , 2018 . <table class='wikitable'><tr><td>1</td><td>-</td><td>year endeddecember 31 2018</td></tr><tr><td>2</td><td>diluted shares</td><td>203.5</td></tr><tr><td>3</td><td>dilutive shares assuming net earnings</td><td>1.5</td></tr><tr><td>4</td><td>adjusted diluted shares</td><td>205.0</td></tr></table> liquidity and capital resources cash flows provided by operating activities were $ 1747.4 million in 2018 compared to $ 1582.3 million and $ 1632.2 million in 2017 and 2016 , respectively . the increase in operating cash flows in 2018 compared to 2017 was driven by additional cash flows from our sale of accounts receivable in certain countries , lower acquisition and integration expenses and lower quality remediation expenses , as well as certain significant payments made in the 2017 period . in the 2017 period , we made payments related to the u.s . durom cup settlement program , and we paid $ 30.5 million in settlement payments to resolve previously-disclosed fcpa matters involving biomet and certain of its subsidiaries as discussed in note 19 to our consolidated financial statements included in item 8 of this report . the decline in operating cash flows in 2017 compared to 2016 was driven by additional investments in inventory , additional expenses for quality remediation and the significant payments made in the 2017 period as discussed in the previous sentence . these unfavorable items were partially offset by $ 174.0 million of incremental cash flows in 2017 from our sale of accounts receivable in certain countries . cash flows used in investing activities were $ 416.6 million in 2018 compared to $ 510.8 million and $ 1691.5 million in 2017 and 2016 , respectively . instrument and property , plant and equipment additions reflected ongoing investments in our product portfolio and optimization of our manufacturing and logistics network . in 2018 , we entered into receive-fixed-rate , pay-fixed-rate cross-currency interest rate swaps . our investing cash flows reflect the net cash inflows from the fixed- rate interest rate receipts/payments , as well as the termination of certain of these swaps that were in a gain position in the year . the 2016 period included cash outflows for the acquisition of ldr holding corporation ( 201cldr 201d ) and other business acquisitions . additionally , the 2016 period reflects the maturity of available-for-sale debt securities . as these investments matured , we used the cash to pay off debt and have not reinvested in any additional debt securities . cash flows used in financing activities were $ 1302.2 million in 2018 . our primary use of available cash in 2018 was for debt repayment . we received net proceeds of $ 749.5 million from the issuance of additional senior notes and borrowed $ 400.0 million from our multicurrency revolving facility to repay $ 1150.0 million of senior notes that became due on april 2 , 2018 . we subsequently repaid the $ 400.0 million of multicurrency revolving facility borrowings . also in 2018 , we borrowed another $ 675.0 million under a new u.s . term loan c and used the cash proceeds along with cash generated from operations throughout the year to repay an aggregate of $ 835.0 million on u.s . term loan a , $ 450.0 million on u.s . term loan b , and we subsequently repaid $ 140.0 million on u.s . term loan c . overall , we had approximately $ 1150 million of net principal repayments on our senior notes and term loans in 2018 . in 2017 , our primary use of available cash was also for debt repayment compared to 2016 when we were not able to repay as much debt due to financing requirements to complete the ldr and other business acquisitions . additionally in 2017 , we had net cash inflows of $ 103.5 million on factoring programs that had not been remitted to the third party . in 2018 , we had net cash outflows related to these factoring programs as we remitted the $ 103.5 million and collected only $ 66.8 million which had not yet been remitted by the end of the year . since our factoring programs started at the end of 2016 , we did not have similar cash flows in that year . in january 2019 , we borrowed an additional $ 200.0 million under u.s . term loan c and used those proceeds , along with cash on hand , to repay the remaining $ 225.0 million outstanding under u.s . term loan b . in february , may , august and december 2018 , our board of directors declared cash dividends of $ 0.24 per share . we expect to continue paying cash dividends on a quarterly basis ; however , future dividends are subject to approval of the board of directors and may be adjusted as business needs or market conditions change . as further discussed in note 11 to our consolidated financial statements , our debt facilities restrict the payment of dividends in certain circumstances. .\nQuestion: what was the value of cash provided by operating activities in 2017?\nAnswer: 1582.3\nQuestion: and in 2016?\nAnswer: 1632.2\nQuestion: so what was the change in this value between the two years?\n" }, { "role": "agent", "content": "-49.9" } ]
CONVFINQA7012	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nlong-term product offerings include alpha-seeking active and index strategies . our alpha-seeking active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile , and leverage fundamental research and quantitative models to drive portfolio construction . in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index . index strategies include both our non-etf index products and ishares etfs . although many clients use both alpha-seeking active and index strategies , the application of these strategies may differ . for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns . in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates . net flows in institutional index products generally have a small impact on blackrock 2019s revenues and earnings . equity year-end 2017 equity aum totaled $ 3.372 trillion , reflecting net inflows of $ 130.1 billion . net inflows included $ 174.4 billion into ishares etfs , driven by net inflows into core funds and broad developed and emerging market equities , partially offset by non-etf index and active net outflows of $ 25.7 billion and $ 18.5 billion , respectively . blackrock 2019s effective fee rates fluctuate due to changes in aum mix . approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s . equity strategies . accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s . markets , have a greater impact on blackrock 2019s equity revenues and effective fee rate . fixed income fixed income aum ended 2017 at $ 1.855 trillion , reflecting net inflows of $ 178.8 billion . in 2017 , active net inflows of $ 21.5 billion were diversified across fixed income offerings , and included strong inflows into municipal , unconstrained and total return bond funds . ishares etfs net inflows of $ 67.5 billion were led by flows into core , corporate and treasury bond funds . non-etf index net inflows of $ 89.8 billion were driven by demand for liability-driven investment solutions . multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities . investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays . component changes in multi-asset aum for 2017 are presented below . ( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 312016</td><td>net inflows ( outflows )</td><td>marketchange</td><td>fximpact</td><td>december 312017</td></tr><tr><td>2</td><td>asset allocation and balanced</td><td>$ 176675</td><td>$ -2502 ( 2502 )</td><td>$ 17387</td><td>$ 4985</td><td>$ 196545</td></tr><tr><td>3</td><td>target date/risk</td><td>149432</td><td>23925</td><td>24532</td><td>1577</td><td>199466</td></tr><tr><td>4</td><td>fiduciary</td><td>68395</td><td>-1047 ( 1047 )</td><td>7522</td><td>8819</td><td>83689</td></tr><tr><td>5</td><td>futureadvisor ( 1 )</td><td>505</td><td>-46 ( 46 )</td><td>119</td><td>2014</td><td>578</td></tr><tr><td>6</td><td>total</td><td>$ 395007</td><td>$ 20330</td><td>$ 49560</td><td>$ 15381</td><td>$ 480278</td></tr></table> ( 1 ) futureadvisor amounts do not include aum held in ishares etfs . multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 18.9 billion of net inflows coming from institutional clients . defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 20.8 billion to institutional multi-asset net inflows in 2017 , primarily into target date and target risk product offerings . retail net inflows of $ 1.1 billion reflected demand for our multi-asset income fund family , which raised $ 5.8 billion in 2017 . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 41% ( 41 % ) of multi-asset aum at year-end . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . flagship products in this category include our global allocation and multi-asset income fund families . 2022 target date and target risk products grew 16% ( 16 % ) organically in 2017 , with net inflows of $ 23.9 billion . institutional investors represented 93% ( 93 % ) of target date and target risk aum , with defined contribution plans accounting for 87% ( 87 % ) of aum . flows were driven by defined contribution investments in our lifepath offerings . lifepath products utilize a proprietary active asset allocation overlay model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . underlying investments are primarily index products . 2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of investment management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .\nQuestion: what was the value of target date/risk in 2017?\nAnswer: 199466.0\nQuestion: what was the value in 2016?\nAnswer: 149432.0\nQuestion: what is the net change in value?\nAnswer: 50034.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.33483" } ]
CONVFINQA718	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npage 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .\nQuestion: what was the difference of segment sales in 2009 to 2008?\n" }, { "role": "agent", "content": "129.2" } ]
CONVFINQA9597	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncosts . our 2012 results were lower than 2011 when we realized $ 53.1 million in premium-services margins and our storage and marketing margins consisted of $ 96.0 million from realized seasonal price differentials and marketing optimization activities , and $ 87.7 million of storage demand costs . in addition , we recognized a loss on the change in fair value of our nonqualifiying economic storage hedges of $ 1.0 million in 2012 compared with a gain of $ 8.5 million in 2011 . our premium services were impacted negatively by lower natural gas prices and decreased natural gas price volatility . the impact of our hedge strategies and the inability to hedge seasonal price differentials at levels that were available to us in the prior year significantly reduced our storage margins . we also experienced reduced opportunities to optimize our storage assets , which negatively impacted our marketing margins . we realized a loss in our transportation margins of $ 42.4 million in 2012 compared with a loss of $ 18.8 million in 2011 , due primarily to a $ 29.5 million decrease in transportation hedges . our transportation business continues to be impacted by narrow price location differentials and the inability to hedge at levels that were available to us in prior years . as a result of significant increases in the supply of natural gas , primarily from shale gas production across north america and new pipeline infrastructure projects , location and seasonal price differentials narrowed significantly beginning in 2010 and continuing through 2012 . this market change resulted in our transportation contracts being unprofitable impacting our ability to recover our fixed costs . operating costs decreased due primarily to lower employee-related expenses , which includes the impact of fewer employees . we also recognized an expense of $ 10.3 million related to the impairment of our goodwill in the first quarter 2012 . given the significant decline in natural gas prices and its effect on location and seasonal price differentials , we performed an interim impairment assessment in the first quarter 2012 that reduced our goodwill balance to zero . 2011 vs . 2010 - the factors discussed in energy services 2019 201cnarrative description of the business 201d included in item i , business , of this annual report have led to a significant decrease in net margin , including : 2022 a decrease of $ 65.3 million in transportation margins , net of hedging , due primarily to narrower location price differentials and lower hedge settlements in 2011 ; 2022 a decrease of $ 34.3 million in storage and marketing margins , net of hedging activities , due primarily to the following : 2013 lower realized seasonal storage price differentials ; offset partially by 2013 favorable marketing activity and unrealized fair value changes on nonqualifying economic storage hedges ; 2022 a decrease of $ 7.3 million in premium-services margins , associated primarily with the reduction in the value of the fees collected for these services as a result of low commodity prices and reduced natural gas price volatility in the first quarter 2011 compared with the first quarter 2010 ; and 2022 a decrease of $ 4.3 million in financial trading margins , as low natural gas prices and reduced natural gas price volatility limited our financial trading opportunities . additionally , our 2011 net margin includes $ 91.1 million in adjustments to natural gas inventory reflecting the lower of cost or market value . because of the adjustments to our inventory value , we reclassified $ 91.1 million of deferred gains on associated cash flow hedges into earnings . operating costs decreased due primarily to a decrease in ad valorem taxes . selected operating information - the following table sets forth certain selected operating information for our energy services segment for the periods indicated: . <table class='wikitable'><tr><td>1</td><td>operating information</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td><td>years ended december 31 , 2010</td></tr><tr><td>2</td><td>natural gas marketed ( bcf )</td><td>709</td><td>845</td><td>919</td></tr><tr><td>3</td><td>natural gas gross margin ( $ /mcf )</td><td>$ -0.07 ( 0.07 )</td><td>$ 0.06</td><td>$ 0.18</td></tr><tr><td>4</td><td>physically settled volumes ( bcf )</td><td>1433</td><td>1724</td><td>1874</td></tr></table> natural gas volumes marketed and physically settled volumes decreased in 2012 compared with 2011 due primarily to decreased marketing activities , lower transported volumes and reduced transportation capacity . the decrease in 2011 compared with 2010 was due primarily to lower volumes transported and reduced transportation capacity . transportation capacity in certain markets was not utilized due to the economics of the location price differentials as a result of increased supply of natural gas , primarily from shale production , and increased pipeline capacity as a result of new pipeline construction. .\nQuestion: what was the change in value of natural gas marketing (bcf) between 2010 and 2011?\nAnswer: -74.0\nQuestion: what was the percent change?\n" }, { "role": "agent", "content": "-0.08052" } ]
CONVFINQA2054	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents ( e ) other adjustments primarily include certain historical retention costs , unusual , non-recurring litigation matters , secondary-offering-related expenses and expenses related to the consolidation of office locations north of chicago . during the year ended december 31 , 2013 , we recorded ipo- and secondary-offering related expenses of $ 75.0 million . for additional information on the ipo- and secondary-offering related expenses , see note 10 ( stockholder 2019s equity ) to the accompanying consolidated financial statements . ( f ) includes the impact of consolidating five months for the year ended december 31 , 2015 of kelway 2019s financial results . ( 4 ) non-gaap net income excludes , among other things , charges related to the amortization of acquisition-related intangible assets , non-cash equity-based compensation , acquisition and integration expenses , and gains and losses from the extinguishment of long-term debt . non-gaap net income is considered a non-gaap financial measure . generally , a non-gaap financial measure is a numerical measure of a company 2019s performance , financial position or cash flows that either excludes or includes amounts that are not normally included or excluded in the most directly comparable measure calculated and presented in accordance with gaap . non-gaap measures used by us may differ from similar measures used by other companies , even when similar terms are used to identify such measures . we believe that non-gaap net income provides meaningful information regarding our operating performance and cash flows including our ability to meet our future debt service , capital expenditures and working capital requirements . the following unaudited table sets forth a reconciliation of net income to non-gaap net income for the periods presented: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>years ended december 31 , 2015</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>net income</td><td>$ 403.1</td><td>$ 244.9</td><td>$ 132.8</td><td>$ 119.0</td><td>$ 17.1</td></tr><tr><td>3</td><td>amortization of intangibles ( a )</td><td>173.9</td><td>161.2</td><td>161.2</td><td>163.7</td><td>165.7</td></tr><tr><td>4</td><td>non-cash equity-based compensation</td><td>31.2</td><td>16.4</td><td>8.6</td><td>22.1</td><td>19.5</td></tr><tr><td>5</td><td>non-cash equity-based compensation related to equity investment ( b )</td><td>20.0</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>net loss on extinguishments of long-term debt</td><td>24.3</td><td>90.7</td><td>64.0</td><td>17.2</td><td>118.9</td></tr><tr><td>7</td><td>acquisition and integration expenses ( c )</td><td>10.2</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>8</td><td>gain on remeasurement of equity investment ( d )</td><td>-98.1 ( 98.1 )</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>9</td><td>other adjustments ( e )</td><td>3.7</td><td>-0.3 ( 0.3 )</td><td>61.2</td><td>-3.3 ( 3.3 )</td><td>-15.6 ( 15.6 )</td></tr><tr><td>10</td><td>aggregate adjustment for income taxes ( f )</td><td>-64.8 ( 64.8 )</td><td>-103.0 ( 103.0 )</td><td>-113.5 ( 113.5 )</td><td>-71.6 ( 71.6 )</td><td>-106.8 ( 106.8 )</td></tr><tr><td>11</td><td>non-gaap net income ( g )</td><td>$ 503.5</td><td>$ 409.9</td><td>$ 314.3</td><td>$ 247.1</td><td>$ 198.8</td></tr></table> acquisition and integration expenses ( c ) 10.2 2014 2014 2014 2014 gain on remeasurement of equity investment ( d ) ( 98.1 ) 2014 2014 2014 2014 other adjustments ( e ) 3.7 ( 0.3 ) 61.2 ( 3.3 ) ( 15.6 ) aggregate adjustment for income taxes ( f ) ( 64.8 ) ( 103.0 ) ( 113.5 ) ( 71.6 ) ( 106.8 ) non-gaap net income ( g ) $ 503.5 $ 409.9 $ 314.3 $ 247.1 $ 198.8 ( a ) includes amortization expense for acquisition-related intangible assets , primarily customer relationships , customer contracts and trade names . ( b ) represents our 35% ( 35 % ) share of an expense related to certain equity awards granted by one of the sellers to kelway coworkers in july 2015 prior to our acquisition of kelway . ( c ) primarily includes expenses related to the acquisition of kelway . ( d ) represents the gain resulting from the remeasurement of our previously held 35% ( 35 % ) equity investment to fair value upon the completion of the acquisition of kelway . ( e ) primarily includes expenses related to the consolidation of office locations north of chicago and secondary- offering-related expenses . amount in 2013 primarily relates to ipo- and secondary-offering related expenses . ( f ) based on a normalized effective tax rate of 38.0% ( 38.0 % ) ( 39.0% ( 39.0 % ) prior to the kelway acquisition ) , except for the non- cash equity-based compensation from our equity investment and the gain resulting from the remeasurement of our previously held 35% ( 35 % ) equity investment to fair value upon the completion of the acquisition of kelway , which were tax effected at a rate of 35.4% ( 35.4 % ) . the aggregate adjustment for income taxes also includes a $ 4.0 million deferred tax benefit recorded during the three months and year ended december 31 , 2015 as a result of a tax rate reduction in the united kingdom and additional tax expense during the year ended december 31 , 2015 of $ 3.3 million as a result of recording withholding tax on the unremitted earnings of our canadian subsidiary . additionally , note that certain acquisition costs are non-deductible. .\nQuestion: what was net income in 2015?\n" }, { "role": "agent", "content": "403.1" } ]
CONVFINQA9222	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvisa inc . notes to consolidated financial statements 2014 ( continued ) september 30 , 2008 ( in millions , except as noted ) were converted on a one-to-one basis from class eu ( series i , ii , iii ) common stock to class c ( series iii , ii , and iv ) common stock concurrent with the true-up . the results of the true-up are reflected in the table below . fractional shares resulting from the conversion of the shares of each individual stockholder have been rounded down . these fractional shares were paid in cash to stockholders as part of the initial redemption of class b common stock and class c common stock shortly following the ipo . outstanding regional classes and series of common stock issued in the reorganization converted classes and series of common stock issued in the true-up number of regional classes and series of common stock issued in the reorganization true-up conversion number of converted classes and series of common stock after the true-up class usa ( 1 ) class b ( 2 ) 426390481 0.93870 400251872 . <table class='wikitable'><tr><td>1</td><td>outstanding regional classes and seriesof common stock issued inthe reorganization</td><td>converted classes and series of common stock issued in the true-up</td><td>number of regional classes and series of common stock issued in the reorganization</td><td>true-up conversion ratio</td><td>number of converted classes and series of common stock after the true-up</td></tr><tr><td>2</td><td>class usa ( 1 )</td><td>class b ( 2 )</td><td>426390481</td><td>0.93870</td><td>400251872</td></tr><tr><td>3</td><td>class eu ( series i )</td><td>class c ( series iii )</td><td>62213201</td><td>1.00000</td><td>62213201</td></tr><tr><td>4</td><td>class eu ( series ii )</td><td>class c ( series ii )</td><td>27904464</td><td>1.00000</td><td>27904464</td></tr><tr><td>5</td><td>class eu ( series iii )</td><td>class c ( series iv )</td><td>549587</td><td>1.00000</td><td>549587</td></tr><tr><td>6</td><td>class canada</td><td>class c ( series i )</td><td>22034685</td><td>0.98007</td><td>21595528</td></tr><tr><td>7</td><td>class ap</td><td>class c ( series i )</td><td>119100481</td><td>1.19043</td><td>141780635</td></tr><tr><td>8</td><td>class lac</td><td>class c ( series i )</td><td>80137915</td><td>1.07110</td><td>85835549</td></tr><tr><td>9</td><td>class cemea</td><td>class c ( series i )</td><td>36749698</td><td>0.95101</td><td>34949123</td></tr></table> ( 1 ) the amount of the class usa common stock outstanding prior to the true-up is net of 131592008 shares held by wholly-owned subsidiaries of the company . ( 2 ) the amount of the class b common stock outstanding subsequent to the true-up is net of 123525418 shares held by wholly-owned subsidiaries of the company . also , the company issued 51844393 additional shares of class c ( series ii ) common stock at a price of $ 44 per share in exchange for a subscription receivable from visa europe . this issuance and subscription receivable were recorded as offsetting entries in temporary equity on the company 2019s consolidated balance sheet at september 30 , 2008 . initial public offering in march 2008 , the company completed its ipo with the issuance of 446600000 shares of class a common stock at a net offering price of $ 42.77 ( the ipo price of $ 44.00 per share of class a common stock , less underwriting discounts and commissions of $ 1.23 per share ) . the company received net proceeds of $ 19.1 billion as a result of the ipo. .\nQuestion: what was the amount gained with the issuance of the class a common stock in 2008?\nAnswer: 19101082000.0\nQuestion: and as of september of that year, what was the difference in the number of shares of the class usa common stock pre and after true-up?\n" }, { "role": "agent", "content": "26138609.0" } ]
CONVFINQA9460	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npage 59 of 94 notes to consolidated financial statements ball corporation and subsidiaries 13 . debt and interest costs ( continued ) long-term debt obligations outstanding at december 31 , 2007 , have maturities of $ 127.1 million , $ 160 million , $ 388.4 million , $ 625.1 million and $ 550.3 million for the years ending december 31 , 2008 through 2012 , respectively , and $ 456.1 million thereafter . ball provides letters of credit in the ordinary course of business to secure liabilities recorded in connection with industrial development revenue bonds and certain self-insurance arrangements . letters of credit outstanding at december 31 , 2007 and 2006 , were $ 41 million and $ 52.4 million , respectively . the notes payable and senior credit facilities are guaranteed on a full , unconditional and joint and several basis by certain of the company 2019s domestic wholly owned subsidiaries . certain foreign denominated tranches of the senior credit facilities are similarly guaranteed by certain of the company 2019s wholly owned foreign subsidiaries . note 22 contains further details as well as condensed , consolidating financial information for the company , segregating the guarantor subsidiaries and non-guarantor subsidiaries . the company was not in default of any loan agreement at december 31 , 2007 , and has met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividend payments , share repurchases , investments , financial ratios , guarantees and the incurrence of additional indebtedness . on march 27 , 2006 , ball expanded its senior secured credit facilities with the addition of a $ 500 million term d loan facility due in installments through october 2011 . also on march 27 , 2006 , ball issued at a price of 99.799 percent $ 450 million of 6.625% ( 6.625 % ) senior notes ( effective yield to maturity of 6.65 percent ) due in march 2018 . the proceeds from these financings were used to refinance existing u.s . can debt with ball corporation debt at lower interest rates , acquire certain north american plastic container net assets from alcan and reduce seasonal working capital debt . ( see note 3 for further details of the acquisitions. ) on october 13 , 2005 , ball refinanced its senior secured credit facilities to extend debt maturities at lower interest rate spreads and provide the company with additional borrowing capacity for future growth . during the third and fourth quarters of 2005 , ball redeemed its 7.75% ( 7.75 % ) senior notes due in august 2006 . the refinancing and senior note redemptions resulted in a debt refinancing charge of $ 19.3 million ( $ 12.3 million after tax ) for the related call premium and unamortized debt issuance costs . a summary of total interest cost paid and accrued follows: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>interest costs before refinancing costs</td><td>$ 155.8</td><td>$ 142.5</td><td>$ 102.4</td></tr><tr><td>3</td><td>debt refinancing costs</td><td>2013</td><td>2013</td><td>19.3</td></tr><tr><td>4</td><td>total interest costs</td><td>155.8</td><td>142.5</td><td>121.7</td></tr><tr><td>5</td><td>amounts capitalized</td><td>-6.4 ( 6.4 )</td><td>-8.1 ( 8.1 )</td><td>-5.3 ( 5.3 )</td></tr><tr><td>6</td><td>interest expense</td><td>$ 149.4</td><td>$ 134.4</td><td>$ 116.4</td></tr><tr><td>7</td><td>interest paid during the year ( a )</td><td>$ 153.9</td><td>$ 125.4</td><td>$ 138.5</td></tr></table> ( a ) includes $ 6.6 million paid in 2005 in connection with the redemption of the company 2019s senior and senior subordinated notes. .\nQuestion: what is the difference in interest expense between 2006 and 2007?\n" }, { "role": "agent", "content": "15.0" } ]
CONVFINQA1836	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis 110 jpmorgan chase & co./2013 annual report 2012 compared with 2011 net loss was $ 2.0 billion , compared with a net income of $ 919 million in the prior year . private equity reported net income of $ 292 million , compared with net income of $ 391 million in the prior year . net revenue was $ 601 million , compared with $ 836 million in the prior year , due to lower unrealized and realized gains on private investments , partially offset by higher unrealized gains on public securities . noninterest expense was $ 145 million , down from $ 238 million in the prior year . treasury and cio reported a net loss of $ 2.1 billion , compared with net income of $ 1.3 billion in the prior year . net revenue was a loss of $ 3.1 billion , compared with net revenue of $ 3.2 billion in the prior year . the current year loss reflected $ 5.8 billion of losses incurred by cio from the synthetic credit portfolio for the six months ended june 30 , 2012 , and $ 449 million of losses from the retained index credit derivative positions for the three months ended september 30 , 2012 . these losses were partially offset by securities gains of $ 2.0 billion . the current year revenue reflected $ 888 million of extinguishment gains related to the redemption of trust preferred securities , which are included in all other income in the above table . the extinguishment gains were related to adjustments applied to the cost basis of the trust preferred securities during the period they were in a qualified hedge accounting relationship . net interest income was negative $ 683 million , compared with $ 1.4 billion in the prior year , primarily reflecting the impact of lower portfolio yields and higher deposit balances across the firm . other corporate reported a net loss of $ 221 million , compared with a net loss of $ 821 million in the prior year . noninterest revenue of $ 1.8 billion was driven by a $ 1.1 billion benefit for the washington mutual bankruptcy settlement , which is included in all other income in the above table , and a $ 665 million gain from the recovery on a bear stearns-related subordinated loan . noninterest expense of $ 3.8 billion was up $ 1.0 billion compared with the prior year . the current year included expense of $ 3.7 billion for additional litigation reserves , largely for mortgage-related matters . the prior year included expense of $ 3.2 billion for additional litigation reserves . treasury and cio overview treasury and cio are predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding and structural interest rate and foreign exchange risks , as well as executing the firm 2019s capital plan . the risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off-balance sheet assets and liabilities . cio achieves the firm 2019s asset-liability management objectives generally by investing in high-quality securities that are managed for the longer-term as part of the firm 2019s afs and htm investment securities portfolios ( the 201cinvestment securities portfolio 201d ) . cio also uses derivatives , as well as securities that are not classified as afs or htm , to meet the firm 2019s asset-liability management objectives . for further information on derivatives , see note 6 on pages 220 2013233 of this annual report . for further information about securities not classified within the afs or htm portfolio , see note 3 on pages 195 2013215 of this annual report . the treasury and cio investment securities portfolio primarily consists of u.s . and non-u.s . government securities , agency and non-agency mortgage-backed securities , other asset-backed securities , corporate debt securities and obligations of u.s . states and municipalities . at december 31 , 2013 , the total treasury and cio investment securities portfolio was $ 347.6 billion ; the average credit rating of the securities comprising the treasury and cio investment securities portfolio was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) . see note 12 on pages 249 2013254 of this annual report for further information on the details of the firm 2019s investment securities portfolio . for further information on liquidity and funding risk , see liquidity risk management on pages 168 2013173 of this annual report . for information on interest rate , foreign exchange and other risks , treasury and cio value-at-risk ( 201cvar 201d ) and the firm 2019s structural interest rate-sensitive revenue at risk , see market risk management on pages 142 2013148 of this annual report . selected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2013 2012 2011 . <table class='wikitable'><tr><td>1</td><td>as of or for the year ended december 31 ( in millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>securities gains</td><td>$ 659</td><td>$ 2028</td><td>$ 1385</td></tr><tr><td>3</td><td>investment securities portfolio ( average )</td><td>353712</td><td>358029</td><td>330885</td></tr><tr><td>4</td><td>investment securities portfolio ( period 2013end ) ( a )</td><td>347562</td><td>365421</td><td>355605</td></tr><tr><td>5</td><td>mortgage loans ( average )</td><td>5145</td><td>10241</td><td>13006</td></tr><tr><td>6</td><td>mortgage loans ( period-end )</td><td>3779</td><td>7037</td><td>13375</td></tr></table> ( a ) period-end investment securities included held-to-maturity balance of $ 24.0 billion at december 31 , 2013 . held-to-maturity balances for the other periods were not material. .\nQuestion: in the year of 2013, what what was the balance in the investment securities portfolio, in billions?\n" }, { "role": "agent", "content": "347.562" } ]
CONVFINQA9097	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis net interest income 2012 versus 2011 . net interest income on the consolidated statements of earnings was $ 3.88 billion for 2012 , 25% ( 25 % ) lower than 2011 . the decrease compared with 2011 was primarily due to lower average yields on financial instruments owned , at fair value , and collateralized agreements . 2011 versus 2010 . net interest income on the consolidated statements of earnings was $ 5.19 billion for 2011 , 6% ( 6 % ) lower than 2010 . the decrease compared with 2010 was primarily due to higher interest expense related to our long-term borrowings and higher dividend expense related to financial instruments sold , but not yet purchased , partially offset by an increase in interest income from higher yielding collateralized agreements . operating expenses our operating expenses are primarily influenced by compensation , headcount and levels of business activity . compensation and benefits includes salaries , discretionary compensation , amortization of equity awards and other items such as benefits . discretionary compensation is significantly impacted by , among other factors , the level of net revenues , overall financial performance , prevailing labor markets , business mix , the structure of our share-based compensation programs and the external environment . in the context of more difficult economic and financial conditions , the firm launched an initiative during the second quarter of 2011 to identify areas where we can operate more efficiently and reduce our operating expenses . during 2012 and 2011 , we announced targeted annual run rate compensation and non-compensation reductions of approximately $ 1.9 billion in aggregate . the table below presents our operating expenses and total staff. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2012</td><td>year ended december 2011</td><td>year ended december 2010</td></tr><tr><td>2</td><td>compensation and benefits</td><td>$ 12944</td><td>$ 12223</td><td>$ 15376</td></tr><tr><td>3</td><td>u.k . bank payrolltax</td><td>2014</td><td>2014</td><td>465</td></tr><tr><td>4</td><td>brokerage clearing exchange anddistribution fees</td><td>2208</td><td>2463</td><td>2281</td></tr><tr><td>5</td><td>market development</td><td>509</td><td>640</td><td>530</td></tr><tr><td>6</td><td>communications and technology</td><td>782</td><td>828</td><td>758</td></tr><tr><td>7</td><td>depreciation and amortization</td><td>1738</td><td>1865</td><td>1889</td></tr><tr><td>8</td><td>occupancy</td><td>875</td><td>1030</td><td>1086</td></tr><tr><td>9</td><td>professional fees</td><td>867</td><td>992</td><td>927</td></tr><tr><td>10</td><td>insurance reserves1</td><td>598</td><td>529</td><td>398</td></tr><tr><td>11</td><td>other expenses</td><td>2435</td><td>2072</td><td>2559</td></tr><tr><td>12</td><td>total non-compensation expenses</td><td>10012</td><td>10419</td><td>10428</td></tr><tr><td>13</td><td>total operating expenses</td><td>$ 22956</td><td>$ 22642</td><td>$ 26269</td></tr><tr><td>14</td><td>total staff atperiod-end2</td><td>32400</td><td>33300</td><td>35700</td></tr></table> total staff at period-end 2 32400 33300 35700 1 . related revenues are included in 201cmarket making 201d on the consolidated statements of earnings . 2 . includes employees , consultants and temporary staff . 48 goldman sachs 2012 annual report .\nQuestion: what is the net change in total operating expenses in 2012?\nAnswer: 314.0\nQuestion: what percentage change does this represent?\nAnswer: 0.01387\nQuestion: what is the number of staff in 2012?\nAnswer: 32400.0\nQuestion: what about in 2011?\nAnswer: 33300.0\nQuestion: what is the net change?\n" }, { "role": "agent", "content": "-900.0" } ]
CONVFINQA2242	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index ( \"s&p 500\" ) and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2013 to december 31 , 2018. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/13</td><td>12/14</td><td>12/15</td><td>12/16</td><td>12/17</td><td>12/18</td></tr><tr><td>2</td><td>royal caribbean cruises ltd .</td><td>100.00</td><td>176.94</td><td>220.72</td><td>182.99</td><td>271.25</td><td>227.46</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>113.69</td><td>115.26</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>4</td><td>dow jones u.s . travel & leisure</td><td>100.00</td><td>116.37</td><td>123.23</td><td>132.56</td><td>164.13</td><td>154.95</td></tr></table> the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2013 and that all dividends were reinvested . past performance is not necessarily an indicator of future results. .\nQuestion: what was the price of royal caribbean cruises ltd. on 12/15?\n" }, { "role": "agent", "content": "220.72" } ]
CONVFINQA8891	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n. <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>weighted average fair value of options granted</td><td>$ 18.47</td><td>$ 33.81</td><td>$ 20.01</td></tr><tr><td>3</td><td>expected volatility</td><td>0.3845</td><td>0.3677</td><td>0.3534</td></tr><tr><td>4</td><td>dividend yield</td><td>3.75% ( 3.75 % )</td><td>0.76% ( 0.76 % )</td><td>1.00% ( 1.00 % )</td></tr><tr><td>5</td><td>expected life of options in years</td><td>6.0</td><td>6.0</td><td>6.3</td></tr><tr><td>6</td><td>risk-free interest rate</td><td>2% ( 2 % )</td><td>4% ( 4 % )</td><td>5% ( 5 % )</td></tr></table> the black-scholes option valuation model was developed for use in estimating the fair value of traded options which have no vesting restrictions and are fully transferable . in addition , option valuation models require the input of highly subjective assumptions , including the expected stock price volatility . because the company 2019s employee stock options have characteristics significantly different from those of traded options , and because changes in the subjective input assumptions can materially affect the fair value estimate , in management 2019s opinion , the existing models do not necessarily provide a reliable single measure of the fair value of its employee stock options . the fair value of the rsus was determined based on the market value at the date of grant . the total fair value of awards vested during 2008 , 2007 , and 2006 was $ 35384 , $ 17840 , and $ 9413 , respectively . the total stock based compensation expense calculated using the black-scholes option valuation model in 2008 , 2007 , and 2006 was $ 38872 , $ 22164 , and $ 11913 , respectively.the aggregate intrinsic values of options outstanding and exercisable at december 27 , 2008 were $ 8.2 million and $ 8.2 million , respectively . the aggregate intrinsic value of options exercised during the year ended december 27 , 2008 was $ 0.6 million . aggregate intrinsic value represents the positive difference between the company 2019s closing stock price on the last trading day of the fiscal period , which was $ 19.39 on december 27 , 2008 , and the exercise price multiplied by the number of options exercised . as of december 27 , 2008 , there was $ 141.7 million of total unrecognized compensation cost related to unvested share-based compensation awards granted to employees under the stock compensation plans . that cost is expected to be recognized over a period of five years . employee stock purchase plan the shareholders also adopted an employee stock purchase plan ( espp ) . up to 2000000 shares of common stock have been reserved for the espp . shares will be offered to employees at a price equal to the lesser of 85% ( 85 % ) of the fair market value of the stock on the date of purchase or 85% ( 85 % ) of the fair market value on the enrollment date . the espp is intended to qualify as an 201cemployee stock purchase plan 201d under section 423 of the internal revenue code . during 2008 , 2007 , and 2006 , 362902 , 120230 , and 124693 shares , respectively were purchased under the plan for a total purchase price of $ 8782 , $ 5730 , and $ 3569 , respectively . at december 27 , 2008 , approximately 663679 shares were available for future issuance . 10 . earnings per share the following table sets forth the computation of basic and diluted net income per share: .\nQuestion: what is the expected volatility in 2007 divided by that in 2008?\n" }, { "role": "agent", "content": "1.04569" } ]
CONVFINQA10808	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontracts as of december 31 , 2006 , which all mature in 2007 . forward contract notional amounts presented below are expressed in the stated currencies ( in thousands ) . forward currency contracts: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( pay ) /receive</td></tr><tr><td>2</td><td>u.s . dollars</td><td>-114000 ( 114000 )</td></tr><tr><td>3</td><td>euros</td><td>-4472 ( 4472 )</td></tr><tr><td>4</td><td>singapore dollars</td><td>37180</td></tr><tr><td>5</td><td>canadian dollars</td><td>81234</td></tr><tr><td>6</td><td>malaysian ringgits</td><td>85963</td></tr></table> a movement of 10% ( 10 % ) in the value of the u.s . dollar against foreign currencies would impact our expected net earnings by approximately $ 0.1 million . item 8 . financial statements and supplementary data the financial statements and supplementary data required by this item are included herein , commencing on page f-1 . item 9 . changes in and disagreements with accountants on accounting and financial disclosure item 9a . controls and procedures ( a ) evaluation of disclosure controls and procedures our management , with the participation of our chief executive officer and chief financial officer , evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report . based on that evaluation , the chief executive officer and chief financial officer concluded that our disclosure controls and procedures as of the end of the period covered by this report are functioning effectively to provide reasonable assurance that the information required to be disclosed by us in reports filed under the securities exchange act of 1934 is ( i ) recorded , processed , summarized and reported within the time periods specified in the sec 2019s rules and forms and ( ii ) accumulated and communicated to our management , including the chief executive officer and chief financial officer , as appropriate to allow timely decisions regarding disclosure . a controls system cannot provide absolute assurance , however , that the objectives of the controls system are met , and no evaluation of controls can provide absolute assurance that all control issues and instances of fraud , if any , within a company have been detected . ( b ) management 2019s report on internal control over financial reporting our management 2019s report on internal control over financial reporting is set forth on page f-2 of this annual report on form 10-k and is incorporated by reference herein . ( c ) change in internal control over financial reporting no change in our internal control over financial reporting occurred during our most recent fiscal quarter that has materially affected , or is reasonably likely to materially affect , our internal control over financial reporting . item 9b . other information .\nQuestion: what was the positive value of united states securities?\nAnswer: 114000.0\nQuestion: what is the positive value of euros?\nAnswer: 4472.0\nQuestion: what is the sum?\nAnswer: 118472.0\nQuestion: what is the sum of singapore and canadian dollars?\nAnswer: 118414.0\nQuestion: what is the total sum including malaysian ringgits?\nAnswer: 204377.0\nQuestion: what is the ratio of the sum of us and euro payments to the total?\n" }, { "role": "agent", "content": "0.57967" } ]
CONVFINQA1570	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no . 123 to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>net loss as reported</td><td>$ -1141879 ( 1141879 )</td><td>$ -450094 ( 450094 )</td><td>$ -194628 ( 194628 )</td></tr><tr><td>3</td><td>less : total stock-based employee compensation expense determined under fair value basedmethod for all awards net of related tax effect</td><td>-38126 ( 38126 )</td><td>-50540 ( 50540 )</td><td>-51186 ( 51186 )</td></tr><tr><td>4</td><td>pro-forma net loss</td><td>$ -1180005 ( 1180005 )</td><td>$ -500634 ( 500634 )</td><td>$ -245814 ( 245814 )</td></tr><tr><td>5</td><td>basic and diluted net loss per share 2014as reported</td><td>$ -5.84 ( 5.84 )</td><td>$ -2.35 ( 2.35 )</td><td>$ -1.15 ( 1.15 )</td></tr><tr><td>6</td><td>basic and diluted net loss per share 2014pro-forma</td><td>$ -6.04 ( 6.04 )</td><td>$ -2.61 ( 2.61 )</td><td>$ -1.46 ( 1.46 )</td></tr></table> fair value of financial instruments 2014as of december 31 , 2002 , the carrying amounts of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 210.9 million , $ 212.7 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 291.4 million , $ 187.2 million , $ 144.4 million and $ 780.0 million , respectively . as of december 31 , 2001 , the carrying amount of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 204.1 million , $ 212.8 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 268.3 million , $ 173.1 million , $ 158.2 million and $ 805.0 million , respectively . fair values were determined based on quoted market prices . the carrying values of all other financial instruments reasonably approximate the related fair values as of december 31 , 2002 and 2001 . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . under the plan , the company matches 35% ( 35 % ) of participants 2019 contributions up to a maximum 5% ( 5 % ) of a participant 2019s compensation . the company contributed approximately $ 979000 , $ 1540000 and $ 1593000 to the plan for the years ended december 31 , 2002 , 2001 and 2000 , respectively . recent accounting pronouncements 2014in june 2001 , the fasb issued sfas no . 143 , 201caccounting for asset retirement obligations . 201d this statement establishes accounting standards for the recognition and measurement of liabilities associated with the retirement of tangible long-lived assets and the related asset retirement costs . the requirements of sfas no . 143 are effective for the company as of january 1 , 2003 . the company will adopt this statement in the first quarter of 2003 and does not expect the impact of adopting this statement to have a material impact on its consolidated financial position or results of operations . in august 2001 , the fasb issued sfas no . 144 , 201caccounting for the impairment or disposal of long-lived assets . 201d sfas no . 144 supersedes sfas no . 121 , 201caccounting for the impairment of long-lived assets and for long-lived assets to be disposed of , 201d but retains many of its fundamental provisions . sfas no . 144 also clarifies certain measurement and classification issues from sfas no . 121 . in addition , sfas no . 144 supersedes the accounting and reporting provisions for the disposal of a business segment as found in apb no . 30 , 201creporting the results of operations 2014reporting the effects of disposal of a segment of a business and extraordinary , unusual and infrequently occurring events and transactions 201d . however , sfas no . 144 retains the requirement in apb no . 30 to separately report discontinued operations , and broadens the scope of such requirement to include more types of disposal transactions . the scope of sfas no . 144 excludes goodwill and other intangible assets that are not to be amortized , as the accounting for such items is prescribed by sfas no . 142 . the company implemented sfas no . 144 on january 1 , 2002 . accordingly , all relevant impairment assessments and decisions concerning discontinued operations have been made under this standard in 2002. .\nQuestion: what was the value of contributions in 2002?\nAnswer: 979000.0\nQuestion: what was the value of contributions in 2001?\n" }, { "role": "agent", "content": "1540000.0" } ]
CONVFINQA461	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .\nQuestion: what was the number of additional shares included in the award?\nAnswer: 2721405.0\nQuestion: and what was the 2014 closing stock price?\nAnswer: 20.77\nQuestion: what was, then, the total value of those shares, considering this 2014 price?\n" }, { "role": "agent", "content": "56523581.85" } ]
CONVFINQA9951	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe company files income tax returns in the u.s . federal jurisdiction , and various states and foreign jurisdictions . with few exceptions , the company is no longer subject to u.s . federal , state and local , or non-u.s . income tax examinations by tax authorities for years before 1999 . it is anticipated that its examination for the company 2019s u.s . income tax returns for the years 2002 through 2004 will be completed by the end of first quarter 2008 . as of december 31 , 2007 , the irs has proposed adjustments to the company 2019s tax positions for which the company is fully reserved . payments relating to any proposed assessments arising from the 2002 through 2004 audit may not be made until a final agreement is reached between the company and the irs on such assessments or upon a final resolution resulting from the administrative appeals process or judicial action . in addition to the u.s . federal examination , there is also limited audit activity in several u.s . state and foreign jurisdictions . currently , the company expects the liability for unrecognized tax benefits to change by an insignificant amount during the next 12 months . the company adopted the provisions of fasb interpretation no . 48 , 201caccounting for uncertainty in income taxes , 201d on january 1 , 2007 . as a result of the implementation of interpretation 48 , the company recognized an immaterial increase in the liability for unrecognized tax benefits , which was accounted for as a reduction to the january 1 , 2007 , balance of retained earnings . a reconciliation of the beginning and ending amount of gross unrecognized tax benefits ( 201cutb 201d ) is as follows : ( millions ) federal , state , and foreign tax . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>federal state and foreign tax</td></tr><tr><td>2</td><td>gross utb balance at january 1 2007</td><td>$ 691</td></tr><tr><td>3</td><td>additions based on tax positions related to the current year</td><td>79</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>143</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-189 ( 189 )</td></tr><tr><td>6</td><td>settlements</td><td>-24 ( 24 )</td></tr><tr><td>7</td><td>reductions due to lapse of applicable statute of limitations</td><td>-20 ( 20 )</td></tr><tr><td>8</td><td>gross utb balance at december 31 2007</td><td>$ 680</td></tr><tr><td>9</td><td>net utb impacting the effective tax rate at december 31 2007</td><td>$ 334</td></tr></table> the total amount of unrecognized tax benefits that , if recognized , would affect the effective tax rate as of january 1 , 2007 and december 31 , 2007 , respectively , are $ 261 million and $ 334 million . the ending net utb results from adjusting the gross balance at december 31 , 2007 for items such as federal , state , and non-u.s . deferred items , interest and penalties , and deductible taxes . the net utb is included as components of accrued income taxes and other liabilities within the consolidated balance sheet . the company recognizes interest and penalties accrued related to unrecognized tax benefits in tax expense . at january 1 , 2007 and december 31 , 2007 , accrued interest and penalties on a gross basis were $ 65 million and $ 69 million , respectively . included in these interest and penalty amounts is interest and penalties related to tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility . because of the impact of deferred tax accounting , other than interest and penalties , the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period . in 2007 , the company completed the preparation and filing of its 2006 u.s . federal and state income tax returns , which did not result in any material changes to the company 2019s financial position . in 2006 , an audit of the company 2019s u.s . tax returns for years through 2001 was completed . the company and the internal revenue service reached a final settlement for these years , including an agreement on the amount of a refund claim to be filed by the company . the company also substantially resolved audits in certain european countries . in addition , the company completed the preparation and filing of its 2005 u.s . federal income tax return and the corresponding 2005 state income tax returns . the adjustments from amounts previously estimated in the u.s . federal and state income tax returns ( both positive and negative ) included lower u.s . taxes on dividends received from the company's foreign subsidiaries . the company also made quarterly adjustments ( both positive and negative ) to its reserves for tax contingencies . considering the developments noted above and other factors , including the impact on open audit years of the recent resolution of issues in various audits , these reassessments resulted in a reduction of the reserves in 2006 by $ 149 million , inclusive of the expected amount of certain refund claims . in 2005 , the company announced its intent to reinvest $ 1.7 billion of foreign earnings in the united states pursuant to the provisions of the american jobs creation act of 2004 . this act provided the company the opportunity to tax- .\nQuestion: what was the ratio of the beginning gross utb to the end balance?\n" }, { "role": "agent", "content": "2.06886" } ]
CONVFINQA6672	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontainerboard , kraft papers and saturating kraft . kapstone also owns victory packaging , a packaging solutions distribution company with facilities in the u.s. , canada and mexico . we have included the financial results of kapstone in our corrugated packaging segment since the date of the acquisition . on september 4 , 2018 , we completed the acquisition ( the 201cschl fcter acquisition 201d ) of schl fcter print pharma packaging ( 201cschl fcter 201d ) . schl fcter is a leading provider of differentiated paper and packaging solutions and a german-based supplier of a full range of leaflets and booklets . the schl fcter acquisition allowed us to further enhance our pharmaceutical and automotive platform and expand our geographical footprint in europe to better serve our customers . we have included the financial results of the acquired operations in our consumer packaging segment since the date of the acquisition . on january 5 , 2018 , we completed the acquisition ( the 201cplymouth packaging acquisition 201d ) of substantially all of the assets of plymouth packaging , inc . ( 201cplymouth 201d ) . the assets we acquired included plymouth 2019s 201cbox on demand 201d systems , which are manufactured by panotec , an italian manufacturer of packaging machines . the addition of the box on demand systems enhanced our platform , differentiation and innovation . these systems , which are located on customers 2019 sites under multi-year exclusive agreements , use fanfold corrugated to produce custom , on-demand corrugated packaging that is accurately sized for any product type according to the customer 2019s specifications . fanfold corrugated is continuous corrugated board , folded periodically to form an accordion-like stack of corrugated material . as part of the transaction , westrock acquired plymouth 2019s equity interest in panotec and plymouth 2019s exclusive right from panotec to distribute panotec 2019s equipment in the u.s . and canada . we have fully integrated the approximately 60000 tons of containerboard used by plymouth annually . we have included the financial results of plymouth in our corrugated packaging segment since the date of the acquisition . see 201cnote 3 . acquisitions and investment 201d of the notes to consolidated financial statements for additional information . see also item 1a . 201crisk factors 2014 we may be unsuccessful in making and integrating mergers , acquisitions and investments , and completing divestitures 201d . business . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>year ended september 30 , 2019</td><td>year ended september 30 , 2018</td></tr><tr><td>2</td><td>net sales</td><td>$ 18289.0</td><td>$ 16285.1</td></tr><tr><td>3</td><td>segment income</td><td>$ 1790.2</td><td>$ 1707.6</td></tr></table> in fiscal 2019 , we continued to pursue our strategy of offering differentiated paper and packaging solutions that help our customers win . we successfully executed this strategy in fiscal 2019 in a rapidly changing cost and price environment . net sales of $ 18289.0 million for fiscal 2019 increased $ 2003.9 million , or 12.3% ( 12.3 % ) , compared to fiscal 2018 . the increase was primarily due to the kapstone acquisition and higher selling price/mix in our corrugated packaging and consumer packaging segments . these increases were partially offset by the absence of recycling net sales in fiscal 2019 as a result of conducting the operations primarily as a procurement function beginning in the first quarter of fiscal 2019 , lower volumes , unfavorable foreign currency impacts across our segments compared to the prior year and decreased land and development net sales . segment income increased $ 82.6 million in fiscal 2019 compared to fiscal 2018 , primarily due to increased corrugated packaging segment income that was partially offset by lower consumer packaging and land and development segment income . the impact of the contribution from the acquired kapstone operations , higher selling price/mix across our segments and productivity improvements was largely offset by lower volumes across our segments , economic downtime , cost inflation , increased maintenance and scheduled strategic outage expense ( including projects at our mahrt , al and covington , va mills ) and lower land and development segment income due to the wind-down of sales . with respect to segment income , we experienced higher levels of cost inflation in both our corrugated packaging and consumer packaging segments during fiscal 2019 as compared to fiscal 2018 that were partially offset by recovered fiber deflation . the primary inflationary items were virgin fiber , freight , energy and wage and other costs . we generated $ 2310.2 million of net cash provided by operating activities in fiscal 2019 , compared to $ 1931.2 million in fiscal 2018 . we remained committed to our disciplined capital allocation strategy during fiscal .\nQuestion: what was the value change in segment income?\n" }, { "role": "agent", "content": "82.6" } ]
CONVFINQA6723	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nexpenditures and acquisitions of leased properties are funded by the original contributor of the assets , but no change in ownership interest may result from these contributions . an excess of ashland funded improvements over marathon funded improvements results in a net gain and an excess of marathon funded improvements over ashland funded improvements results in a net loss . cost of revenues increased by $ 8.718 billion in 2003 from 2002 and $ 367 million in 2002 from 2001 . the increases in the oerb segment were primarily a result of higher natural gas and liquid hydrocarbon costs . the increases in the rm&t segment primarily reflected higher acquisition costs for crude oil , refined products , refinery charge and blend feedstocks and increased manufacturing expenses . selling , general and administrative expenses increased by $ 107 million in 2003 from 2002 and $ 125 million in 2002 from 2001 . the increase in 2003 was primarily a result of increased employee benefits ( caused by increased pension expense resulting from changes in actuarial assumptions and a decrease in realized returns on plan assets ) and other employee related costs . also , marathon changed assumptions in the health care cost trend rate from 7.5% ( 7.5 % ) to 10% ( 10 % ) , resulting in higher retiree health care costs . additionally , during 2003 , marathon recorded a charge of $ 24 million related to organizational and business process changes . the increase in 2002 primarily reflected increased employee related costs . inventory market valuation reserve is established to reduce the cost basis of inventories to current market value . the 2002 results of operations include credits to income from operations of $ 71 million , reversing the imv reserve at december 31 , 2001 . for additional information on this adjustment , see 201cmanagement 2019s discussion and analysis of critical accounting estimates 2013 net realizable value of inventories 201d on page 31 . net interest and other financial costs decreased by $ 82 million in 2003 from 2002 , following an increase of $ 96 million in 2002 from 2001 . the decrease in 2003 is primarily due to an increase in capitalized interest related to increased long-term construction projects , the favorable effect of interest rate swaps , the favorable effect of interest on tax deficiencies and increased interest income on investments . the increase in 2002 was primarily due to higher average debt levels resulting from acquisitions and the separation . additionally , included in net interest and other financing costs are foreign currency gains of $ 13 million and $ 8 million for 2003 and 2002 and losses of $ 5 million for 2001 . loss from early extinguishment of debt in 2002 was attributable to the retirement of $ 337 million aggregate principal amount of debt , resulting in a loss of $ 53 million . as a result of the adoption of statement of financial accounting standards no . 145 201crescission of fasb statements no . 4 , 44 , and 64 , amendment of fasb statement no . 13 , and technical corrections 201d ( 201csfas no . 145 201d ) , the loss from early extinguishment of debt that was previously reported as an extraordinary item ( net of taxes of $ 20 million ) has been reclassified into income before income taxes . the adoption of sfas no . 145 had no impact on net income for 2002 . minority interest in income of map , which represents ashland 2019s 38 percent ownership interest , increased by $ 129 million in 2003 from 2002 , following a decrease of $ 531 million in 2002 from 2001 . map income was higher in 2003 compared to 2002 as discussed below in the rm&t segment . map income was significantly lower in 2002 compared to 2001 as discussed below in the rm&t segment . provision for income taxes increased by $ 215 million in 2003 from 2002 , following a decrease of $ 458 million in 2002 from 2001 , primarily due to $ 720 million increase and $ 1.356 billion decrease in income before income taxes . the effective tax rate for 2003 was 36.6% ( 36.6 % ) compared to 42.1% ( 42.1 % ) and 37.1% ( 37.1 % ) for 2002 and 2001 . the higher rate in 2002 was due to the united kingdom enactment of a supplementary 10 percent tax on profits from the north sea oil and gas production , retroactively effective to april 17 , 2002 . in 2002 , marathon recognized a one-time noncash deferred tax adjustment of $ 61 million as a result of the rate increase . the following is an analysis of the effective tax rate for the periods presented: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2003</td><td>2002</td><td>2001</td></tr><tr><td>2</td><td>statutory tax rate</td><td>35.0% ( 35.0 % )</td><td>35.0% ( 35.0 % )</td><td>35.0% ( 35.0 % )</td></tr><tr><td>3</td><td>effects of foreign operations ( a )</td><td>-0.4 ( 0.4 )</td><td>5.6</td><td>-0.7 ( 0.7 )</td></tr><tr><td>4</td><td>state and local income taxes after federal income tax effects</td><td>2.2</td><td>3.9</td><td>3.0</td></tr><tr><td>5</td><td>other federal tax effects</td><td>-0.2 ( 0.2 )</td><td>-2.4 ( 2.4 )</td><td>-0.2 ( 0.2 )</td></tr><tr><td>6</td><td>effective tax rate</td><td>36.6% ( 36.6 % )</td><td>42.1% ( 42.1 % )</td><td>37.1% ( 37.1 % )</td></tr></table> ( a ) the deferred tax effect related to the enactment of a supplemental tax in the u.k . increased the effective tax rate 7.0 percent in 2002. .\nQuestion: what was the state and local income taxes after federal income tax effects in 2003?\nAnswer: 2.2\nQuestion: what was the state and local income taxes after federal income tax effects in 2002?\nAnswer: 3.9\nQuestion: what is the net change?\nAnswer: -1.7\nQuestion: what was the state and local income taxes after federal income tax effects in 2002?\nAnswer: 3.9\nQuestion: what was the percent change?\n" }, { "role": "agent", "content": "-0.4359" } ]
CONVFINQA4452	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nin addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .\nQuestion: what is the net change in the balance of reinsurance receivables and premium receivables from 2012 to 2013?\n" }, { "role": "agent", "content": "-2106.0" } ]
CONVFINQA10237	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n$ 43.3 million in 2011 compared to $ 34.1 million in 2010 . the retail segment represented 13% ( 13 % ) and 15% ( 15 % ) of the company 2019s total net sales in 2011 and 2010 , respectively . the retail segment 2019s operating income was $ 4.7 billion , $ 3.2 billion , and $ 2.3 billion during 2012 , 2011 , and 2010 respectively . these year-over-year increases in retail operating income were primarily attributable to higher overall net sales that resulted in significantly higher average revenue per store during the respective years . gross margin gross margin for 2012 , 2011 and 2010 are as follows ( in millions , except gross margin percentages ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net sales</td><td>$ 156508</td><td>$ 108249</td><td>$ 65225</td></tr><tr><td>3</td><td>cost of sales</td><td>87846</td><td>64431</td><td>39541</td></tr><tr><td>4</td><td>gross margin</td><td>$ 68662</td><td>$ 43818</td><td>$ 25684</td></tr><tr><td>5</td><td>gross margin percentage</td><td>43.9% ( 43.9 % )</td><td>40.5% ( 40.5 % )</td><td>39.4% ( 39.4 % )</td></tr></table> the gross margin percentage in 2012 was 43.9% ( 43.9 % ) , compared to 40.5% ( 40.5 % ) in 2011 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs , a higher mix of iphone sales , and improved leverage on fixed costs from higher net sales . the increase in gross margin was partially offset by the impact of a stronger u.s . dollar . the gross margin percentage during the first half of 2012 was 45.9% ( 45.9 % ) compared to 41.4% ( 41.4 % ) during the second half of 2012 . the primary drivers of higher gross margin in the first half of 2012 compared to the second half are a higher mix of iphone sales and improved leverage on fixed costs from higher net sales . additionally , gross margin in the second half of 2012 was also affected by the introduction of new products with flat pricing that have higher cost structures and deliver greater value to customers , price reductions on certain existing products , higher transition costs associated with product launches , and continued strengthening of the u.s . dollar ; partially offset by lower commodity costs . the gross margin percentage in 2011 was 40.5% ( 40.5 % ) , compared to 39.4% ( 39.4 % ) in 2010 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs . the company expects to experience decreases in its gross margin percentage in future periods , as compared to levels achieved during 2012 , and the company anticipates gross margin of about 36% ( 36 % ) during the first quarter of 2013 . expected future declines in gross margin are largely due to a higher mix of new and innovative products with flat or reduced pricing that have higher cost structures and deliver greater value to customers and anticipated component cost and other cost increases . future strengthening of the u.s . dollar could further negatively impact gross margin . the foregoing statements regarding the company 2019s expected gross margin percentage in future periods , including the first quarter of 2013 , are forward-looking and could differ from actual results because of several factors including , but not limited to those set forth above in part i , item 1a of this form 10-k under the heading 201crisk factors 201d and those described in this paragraph . in general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global product pricing pressures , increased competition , compressed product life cycles , product transitions and potential increases in the cost of components , as well as potential increases in the costs of outside manufacturing services and a potential shift in the company 2019s sales mix towards products with lower gross margins . in response to competitive pressures , the company expects it will continue to take product pricing actions , which would adversely affect gross margins . gross margins could also be affected by the company 2019s ability to manage product quality and warranty costs effectively and to stimulate demand for certain of its products . due to the company 2019s significant international operations , financial results can be significantly affected in the short-term by fluctuations in exchange rates. .\nQuestion: what was the net change in value of net sales from 2011 to 2012?\n" }, { "role": "agent", "content": "48259.0" } ]
CONVFINQA8522	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 4 . submission of matters to a vote of security holders no matters were submitted to a vote of security holders during the fourth quarter of 2005 . part ii item 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our series a common stock has traded on the new york stock exchange under the symbol 2018 2018ce 2019 2019 since january 21 , 2005 . the closing sale price of our series a common stock , as reported by the new york stock exchange , on march 6 , 2006 was $ 20.98 . the following table sets forth the high and low intraday sales prices per share of our common stock , as reported by the new york stock exchange , for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>2005</td><td>pricerange high</td><td>pricerange low</td></tr><tr><td>2</td><td>quarterended march 312005</td><td>$ 18.65</td><td>$ 15.10</td></tr><tr><td>3</td><td>quarter endedjune 302005</td><td>$ 18.16</td><td>$ 13.54</td></tr><tr><td>4</td><td>quarter endedseptember 30 2005</td><td>$ 20.06</td><td>$ 15.88</td></tr><tr><td>5</td><td>quarter endeddecember 312005</td><td>$ 19.76</td><td>$ 15.58</td></tr></table> holders no shares of celanese 2019s series b common stock are issued and outstanding . as of march 6 , 2006 , there were 51 holders of record of our series a common stock , and one holder of record of our perpetual preferred stock . by including persons holding shares in broker accounts under street names , however , we estimate our shareholder base to be approximately 6800 as of march 6 , 2006 . dividend policy in july 2005 , our board of directors adopted a policy of declaring , subject to legally available funds , a quarterly cash dividend on each share of our common stock at an annual rate initially equal to approximately 1% ( 1 % ) of the $ 16 price per share in the initial public offering of our series a common stock ( or $ 0.16 per share ) unless our board of directors , in its sole discretion , determines otherwise , commencing the second quarter of 2005 . pursuant to this policy , the company paid the quarterly dividends of $ 0.04 per share on august 11 , 2005 , november 1 , 2005 and february 1 , 2006 . based on the number of outstanding shares of our series a common stock , the anticipated annual cash dividend is approximately $ 25 million . however , there is no assurance that sufficient cash will be available in the future to pay such dividend . further , such dividends payable to holders of our series a common stock cannot be declared or paid nor can any funds be set aside for the payment thereof , unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock , as described below . our board of directors may , at any time , modify or revoke our dividend policy on our series a common stock . we are required under the terms of the preferred stock to pay scheduled quarterly dividends , subject to legally available funds . for so long as the preferred stock remains outstanding , ( 1 ) we will not declare , pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and ( 2 ) neither we , nor any of our subsidiaries , will , subject to certain exceptions , redeem , purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise , in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods . pursuant to this policy , the company paid the quarterly dividends of $ 0.265625 on its 4.25% ( 4.25 % ) convertible perpetual preferred stock on august 1 , 2005 , november 1 , 2005 and february 1 , 2006 . the anticipated annual cash dividend is approximately $ 10 million. .\nQuestion: what is the average dividend per quarter based on the anticipated annual cash dividend, in millions?\nAnswer: 6.25\nQuestion: what is the difference between the high and low price range for the quarter ended in september 31 , 2005?\n" }, { "role": "agent", "content": "4.18" } ]
CONVFINQA8265	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following is a schedule of future minimum rental payments required under long-term operating leases at october 30 , 2010 : fiscal years operating leases . <table class='wikitable'><tr><td>1</td><td>fiscal years</td><td>operating leases</td></tr><tr><td>2</td><td>2011</td><td>$ 21871</td></tr><tr><td>3</td><td>2012</td><td>12322</td></tr><tr><td>4</td><td>2013</td><td>9078</td></tr><tr><td>5</td><td>2014</td><td>6381</td></tr><tr><td>6</td><td>2015</td><td>5422</td></tr><tr><td>7</td><td>later years</td><td>30655</td></tr><tr><td>8</td><td>total</td><td>$ 85729</td></tr></table> 12 . commitments and contingencies from time to time in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes . as to such claims and litigation , the company can give no assurance that it will prevail . the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows . 13 . retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees . the company maintains a defined contribution plan for the benefit of its eligible u.s . employees . this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation . in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation . the total expense related to the defined contribution plan for u.s . employees was $ 20.5 million in fiscal 2010 , $ 21.5 million in fiscal 2009 and $ 22.6 million in fiscal 2008 . the company also has various defined benefit pension and other retirement plans for certain non-u.s . employees that are consistent with local statutory requirements and practices . the total expense related to the various defined benefit pension and other retirement plans for certain non-u.s . employees was $ 11.7 million in fiscal 2010 , $ 10.9 million in fiscal 2009 and $ 13.9 million in fiscal 2008 . during fiscal 2009 , the measurement date of the plan 2019s funded status was changed from september 30 to the company 2019s fiscal year end . non-u.s . plan disclosures the company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country . the plans 2019 assets consist primarily of u.s . and non-u.s . equity securities , bonds , property and cash . the benefit obligations and related assets under these plans have been measured at october 30 , 2010 and october 31 , 2009 . analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what was the change in the total expense related to the defined contribution plan for u.s employees from fiscal 2009 to 2010?\n" }, { "role": "agent", "content": "-1.0" } ]
CONVFINQA9798	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ngoodwill is reviewed annually during the fourth quarter for impairment . in addition , the company performs an impairment analysis of other intangible assets based on the occurrence of other factors . such factors include , but are not limited to , significant changes in membership , state funding , medical contracts and provider networks and contracts . an impairment loss is recognized if the carrying value of intangible assets exceeds the implied fair value . medical claims liabilities medical services costs include claims paid , claims reported but not yet paid , or inventory , estimates for claims incurred but not yet received , or ibnr , and estimates for the costs necessary to process unpaid claims . the estimates of medical claims liabilities are developed using standard actuarial methods based upon historical data for payment patterns , cost trends , product mix , sea- sonality , utilization of healthcare services and other rele- vant factors including product changes . these estimates are continually reviewed and adjustments , if necessary , are reflected in the period known . management did not change actuarial methods during the years presented . management believes the amount of medical claims payable is reasonable and adequate to cover the company 2019s liability for unpaid claims as of december 31 , 2006 ; however , actual claim payments may differ from established estimates . revenue recognition the company 2019s medicaid managed care segment gener- ates revenues primarily from premiums received from the states in which it operates health plans . the company receives a fixed premium per member per month pursuant to our state contracts . the company generally receives premium payments during the month it provides services and recognizes premium revenue during the period in which it is obligated to provide services to its members . some states enact premium taxes or similar assessments , collectively premium taxes , and these taxes are recorded as general and administrative expenses . some contracts allow for additional premium related to certain supplemen- tal services provided such as maternity deliveries . revenues are recorded based on membership and eligibility data provided by the states , which may be adjusted by the states for updates to this data . these adjustments have been immaterial in relation to total revenue recorded and are reflected in the period known . the company 2019s specialty services segment generates revenues under contracts with state programs , healthcare organizations and other commercial organizations , as well as from our own subsidiaries on market-based terms . revenues are recognized when the related services are provided or as ratably earned over the covered period of service . premium and services revenues collected in advance are recorded as unearned revenue . for performance-based contracts the company does not recognize revenue subject to refund until data is sufficient to measure performance . premiums and service revenues due to the company are recorded as premium and related receivables and are recorded net of an allowance based on historical trends and management 2019s judgment on the collectibility of these accounts . as the company generally receives payments during the month in which services are provided , the allowance is typically not significant in comparison to total revenues and does not have a material impact on the pres- entation of the financial condition or results of operations . activity in the allowance for uncollectible accounts for the years ended december 31 is summarized below: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>allowances beginning of year</td><td>$ 343</td><td>$ 462</td><td>$ 607</td></tr><tr><td>3</td><td>amounts charged to expense</td><td>512</td><td>80</td><td>407</td></tr><tr><td>4</td><td>write-offs of uncollectible receivables</td><td>-700 ( 700 )</td><td>-199 ( 199 )</td><td>-552 ( 552 )</td></tr><tr><td>5</td><td>allowances end of year</td><td>$ 155</td><td>$ 343</td><td>$ 462</td></tr></table> significant customers centene receives the majority of its revenues under con- tracts or subcontracts with state medicaid managed care programs . the contracts , which expire on various dates between june 30 , 2007 and december 31 , 2011 , are expected to be renewed . contracts with the states of georgia , indiana , kansas , texas and wisconsin each accounted for 15% ( 15 % ) , 15% ( 15 % ) , 10% ( 10 % ) , 17% ( 17 % ) and 16% ( 16 % ) , respectively , of the company 2019s revenues for the year ended december 31 , 2006 . reinsurance centene has purchased reinsurance from third parties to cover eligible healthcare services . the current reinsurance program covers 90% ( 90 % ) of inpatient healthcare expenses in excess of annual deductibles of $ 300 to $ 500 per member , up to an annual maximum of $ 2000 . centene 2019s medicaid managed care subsidiaries are responsible for inpatient charges in excess of an average daily per diem . in addition , bridgeway participates in a risk-sharing program as part of its contract with the state of arizona for the reimbursement of certain contract service costs beyond a monetary threshold . reinsurance recoveries were $ 3674 , $ 4014 , and $ 3730 , in 2006 , 2005 , and 2004 , respectively . reinsurance expenses were approximately $ 4842 , $ 4105 , and $ 6724 in 2006 , 2005 , and 2004 , respectively . reinsurance recoveries , net of expenses , are included in medical costs . other income ( expense ) other income ( expense ) consists principally of investment income and interest expense . investment income is derived from the company 2019s cash , cash equivalents , restricted deposits and investments. .\nQuestion: what is the net change in the balance of allowance for uncollectible accounts from 2004 to 2005?\n" }, { "role": "agent", "content": "-119.0" } ]
CONVFINQA4286	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npage 30 of 94 are included in capital spending amounts . another example is the company 2019s decision in 2007 to contribute an additional $ 44.5 million ( $ 27.3 million ) to its pension plans as part of its overall debt reduction plan . based on this , our consolidated free cash flow is summarized as follows: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>cash flows from operating activities</td><td>$ 673.0</td><td>$ 401.4</td><td>$ 558.8</td></tr><tr><td>3</td><td>incremental pension funding net of tax</td><td>27.3</td><td>2013</td><td>2013</td></tr><tr><td>4</td><td>capital spending</td><td>-308.5 ( 308.5 )</td><td>-279.6 ( 279.6 )</td><td>-291.7 ( 291.7 )</td></tr><tr><td>5</td><td>proceeds for replacement of fire-damaged assets</td><td>48.6</td><td>61.3</td><td>2013</td></tr><tr><td>6</td><td>free cash flow</td><td>$ 440.4</td><td>$ 183.1</td><td>$ 267.1</td></tr></table> based on information currently available , we estimate cash flows from operating activities for 2008 to be approximately $ 650 million , capital spending to be approximately $ 350 million and free cash flow to be in the $ 300 million range . capital spending of $ 259.9 million ( net of $ 48.6 million in insurance recoveries ) in 2007 was below depreciation and amortization expense of $ 281 million . we continue to invest capital in our best performing operations , including projects to increase custom can capabilities , improve beverage can and end making productivity and add more beverage can capacity in europe , as well as expenditures in the aerospace and technologies segment . of the $ 350 million of planned capital spending for 2008 , approximately $ 180 million will be spent on top-line sales growth projects . debt facilities and refinancing interest-bearing debt at december 31 , 2007 , decreased $ 93.1 million to $ 2358.6 million from $ 2451.7 million at december 31 , 2006 . the 2007 debt decrease from 2006 was primarily attributed to debt payments offset by higher foreign exchange rates . at december 31 , 2007 , $ 705 million was available under the company 2019s multi-currency revolving credit facilities . the company also had $ 345 million of short-term uncommitted credit facilities available at the end of the year , of which $ 49.7 million was outstanding . on october 13 , 2005 , ball refinanced its senior secured credit facilities and during the third and fourth quarters of 2005 , ball redeemed its 7.75% ( 7.75 % ) senior notes due august 2006 primarily through the drawdown of funds under the new credit facilities . the refinancing and redemption resulted in a pretax debt refinancing charge of $ 19.3 million ( $ 12.3 million after tax ) to reflect the call premium associated with the senior notes and the write off of unamortized debt issuance costs . the company has a receivables sales agreement that provides for the ongoing , revolving sale of a designated pool of trade accounts receivable of ball 2019s north american packaging operations , up to $ 250 million . the agreement qualifies as off-balance sheet financing under the provisions of statement of financial accounting standards ( sfas ) no . 140 , as amended by sfas no . 156 . net funds received from the sale of the accounts receivable totaled $ 170 million and $ 201.3 million at december 31 , 2007 and 2006 , respectively , and are reflected as a reduction of accounts receivable in the consolidated balance sheets . the company was not in default of any loan agreement at december 31 , 2007 , and has met all payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about the company 2019s receivables sales agreement and debt are available in notes 7 and 13 , respectively , accompanying the consolidated financial statements within item 8 of this report. .\nQuestion: what amount will be spent to impact top line sales?\n" }, { "role": "agent", "content": "180.0" } ]
CONVFINQA1540	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nbhge 2018 form 10-k \| 39 outstanding under the commercial paper program . the maximum combined borrowing at any time under both the 2017 credit agreement and the commercial paper program is $ 3 billion . if market conditions were to change and our revenue was reduced significantly or operating costs were to increase , our cash flows and liquidity could be reduced . additionally , it could cause the rating agencies to lower our credit rating . there are no ratings triggers that would accelerate the maturity of any borrowings under our committed credit facility . however , a downgrade in our credit ratings could increase the cost of borrowings under the credit facility and could also limit or preclude our ability to issue commercial paper . should this occur , we could seek alternative sources of funding , including borrowing under the credit facility . during the year ended december 31 , 2018 , we used cash to fund a variety of activities including certain working capital needs and restructuring costs , capital expenditures , the repayment of debt , payment of dividends , distributions to ge and share repurchases . we believe that cash on hand , cash flows generated from operations and the available credit facility will provide sufficient liquidity to manage our global cash needs . cash flows cash flows provided by ( used in ) each type of activity were as follows for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>operating activities</td><td>$ 1762</td><td>$ -799 ( 799 )</td><td>$ 262</td></tr><tr><td>3</td><td>investing activities</td><td>-578 ( 578 )</td><td>-4123 ( 4123 )</td><td>-472 ( 472 )</td></tr><tr><td>4</td><td>financing activities</td><td>-4363 ( 4363 )</td><td>10919</td><td>-102 ( 102 )</td></tr></table> operating activities our largest source of operating cash is payments from customers , of which the largest component is collecting cash related to product or services sales including advance payments or progress collections for work to be performed . the primary use of operating cash is to pay our suppliers , employees , tax authorities and others for a wide range of material and services . cash flows from operating activities generated cash of $ 1762 million and used cash of $ 799 million for the years ended december 31 , 2018 and 2017 , respectively . cash flows from operating activities increased $ 2561 million in 2018 primarily driven by better operating performance . these cash inflows were supported by strong working capital cash flows , especially in the fourth quarter of 2018 , including approximately $ 300 million for a progress collection payment from a customer . included in our cash flows from operating activities for 2018 and 2017 are payments of $ 473 million and $ 612 million , respectively , made primarily for employee severance as a result of our restructuring activities and merger and related costs . cash flows from operating activities used $ 799 million and generated $ 262 million for the years ended december 31 , 2017 and 2016 , respectively . cash flows from operating activities decreased $ 1061 million in 2017 primarily driven by a $ 1201 million negative impact from ending our receivables monetization program in the fourth quarter , and restructuring related payments throughout the year . these cash outflows were partially offset by strong working capital cash flows , especially in the fourth quarter of 2017 . included in our cash flows from operating activities for 2017 and 2016 are payments of $ 612 million and $ 177 million , respectively , made for employee severance as a result of our restructuring activities and merger and related costs . investing activities cash flows from investing activities used cash of $ 578 million , $ 4123 million and $ 472 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . our principal recurring investing activity is the funding of capital expenditures to ensure that we have the appropriate levels and types of machinery and equipment in place to generate revenue from operations . expenditures for capital assets totaled $ 995 million , $ 665 million and $ 424 million for 2018 , 2017 and 2016 , respectively , partially offset by cash flows from the sale of property , plant and equipment of $ 458 million , $ 172 million and $ 20 million in 2018 , 2017 and 2016 , respectively . proceeds from the disposal of assets related primarily .\nQuestion: what was the change in cash used for operating in 2017?\nAnswer: -799.0\nQuestion: what was used for investing?\nAnswer: -4123.0\nQuestion: what is the sum?\nAnswer: -4922.0\nQuestion: what is the amount of cash from financing activities?\nAnswer: 10919.0\nQuestion: what is the total sum?\n" }, { "role": "agent", "content": "5997.0" } ]
CONVFINQA9826	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n492010 annual report consolidation 2013 effective february 28 , 2010 , the company adopted the fasb amended guidance for con- solidation . this guidance clarifies that the scope of the decrease in ownership provisions applies to the follow- ing : ( i ) a subsidiary or group of assets that is a business or nonprofit activity ; ( ii ) a subsidiary that is a business or nonprofit activity that is transferred to an equity method investee or joint venture ; and ( iii ) an exchange of a group of assets that constitutes a business or nonprofit activ- ity for a noncontrolling interest in an entity ( including an equity method investee or joint venture ) . this guidance also expands the disclosures about the deconsolidation of a subsidiary or derecognition of a group of assets within the scope of the guidance . the adoption of this guidance did not have a material impact on the company 2019s consolidated financial statements . 3 . acquisitions : acquisition of bwe 2013 on december 17 , 2007 , the company acquired all of the issued and outstanding capital stock of beam wine estates , inc . ( 201cbwe 201d ) , an indirect wholly-owned subsidiary of fortune brands , inc. , together with bwe 2019s subsidiaries : atlas peak vineyards , inc. , buena vista winery , inc. , clos du bois , inc. , gary farrell wines , inc . and peak wines international , inc . ( the 201cbwe acquisition 201d ) . as a result of the bwe acquisition , the company acquired the u.s . wine portfolio of fortune brands , inc. , including certain wineries , vineyards or inter- ests therein in the state of california , as well as various super-premium and fine california wine brands including clos du bois and wild horse . the bwe acquisition sup- ports the company 2019s strategy of strengthening its portfolio with fast-growing super-premium and above wines . the bwe acquisition strengthens the company 2019s position as the leading wine company in the world and the leading premium wine company in the u.s . total consideration paid in cash was $ 877.3 million . in addition , the company incurred direct acquisition costs of $ 1.4 million . the purchase price was financed with the net proceeds from the company 2019s december 2007 senior notes ( as defined in note 11 ) and revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 and november 2007 ( as defined in note 11 ) . in accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition . the purchase price was based primarily on the estimated future operating results of the bwe business , including the factors described above . in june 2008 , the company sold certain businesses consisting of several of the california wineries and wine brands acquired in the bwe acquisition , as well as certain wineries and wine brands from the states of washington and idaho ( collectively , the 201cpacific northwest business 201d ) ( see note 7 ) . the results of operations of the bwe business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition . the following table summarizes the fair values of the assets acquired and liabilities assumed in the bwe acquisition at the date of acquisition . ( in millions ) current assets $ 288.4 property , plant and equipment 232.8 . <table class='wikitable'><tr><td>1</td><td>current assets</td><td>$ 288.4</td></tr><tr><td>2</td><td>property plant and equipment</td><td>232.8</td></tr><tr><td>3</td><td>goodwill</td><td>334.6</td></tr><tr><td>4</td><td>trademarks</td><td>97.9</td></tr><tr><td>5</td><td>other assets</td><td>30.2</td></tr><tr><td>6</td><td>total assets acquired</td><td>983.9</td></tr><tr><td>7</td><td>current liabilities</td><td>103.9</td></tr><tr><td>8</td><td>long-term liabilities</td><td>1.3</td></tr><tr><td>9</td><td>total liabilities assumed</td><td>105.2</td></tr><tr><td>10</td><td>net assets acquired</td><td>$ 878.7</td></tr></table> other assets 30.2 total assets acquired 983.9 current liabilities 103.9 long-term liabilities 1.3 total liabilities assumed 105.2 net assets acquired $ 878.7 the trademarks are not subject to amortization . all of the goodwill is expected to be deductible for tax purposes . acquisition of svedka 2013 on march 19 , 2007 , the company acquired the svedka vodka brand ( 201csvedka 201d ) in connection with the acquisition of spirits marque one llc and related business ( the 201csvedka acquisition 201d ) . svedka is a premium swedish vodka . at the time of the acquisition , the svedka acquisition supported the company 2019s strategy of expanding the company 2019s premium spirits business and provided a foundation from which the company looked to leverage its existing and future premium spirits portfolio for growth . in addition , svedka complemented the company 2019s then existing portfolio of super-premium and value vodka brands by adding a premium vodka brand . total consideration paid in cash for the svedka acquisition was $ 385.8 million . in addition , the company incurred direct acquisition costs of $ 1.3 million . the pur- chase price was financed with revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 . in accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition . the purchase price was based primarily on the estimated future operating results of the svedka business , including the factors described above . the results of operations of the svedka business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition. .\nQuestion: what is the balance of current assets?\nAnswer: 288.4\nQuestion: what about current liabilities?\nAnswer: 103.9\nQuestion: what current ratio does this represent?\nAnswer: 2.77575\nQuestion: what is the goodwill related to this purchase?\nAnswer: 334.6\nQuestion: what about the value of trademarks?\n" }, { "role": "agent", "content": "97.9" } ]
CONVFINQA5320	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) pro forma disclosure 2014the company has adopted the disclosure-only provisions of sfas no . 123 , as amended by sfas no . 148 , and has presented such disclosure in note 1 . the 201cfair value 201d of each option grant is estimated on the date of grant using the black-scholes option pricing model . the weighted average fair values of the company 2019s options granted during 2004 , 2003 and 2002 were $ 7.05 , $ 6.32 , and $ 2.23 per share , respectively . key assumptions used to apply this pricing model are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2004</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>approximate risk-free interest rate</td><td>4.23% ( 4.23 % )</td><td>4.00% ( 4.00 % )</td><td>4.53% ( 4.53 % )</td></tr><tr><td>3</td><td>expected life of option grants</td><td>4 years</td><td>4 years</td><td>5 years</td></tr><tr><td>4</td><td>expected volatility of underlying stock ( the company plan )</td><td>80.6% ( 80.6 % )</td><td>86.6% ( 86.6 % )</td><td>92.3% ( 92.3 % )</td></tr><tr><td>5</td><td>expected volatility of underlying stock ( atc mexico and atc south america plans )</td><td>n/a</td><td>n/a</td><td>n/a</td></tr><tr><td>6</td><td>expected dividends</td><td>n/a</td><td>n/a</td><td>n/a</td></tr></table> voluntary option exchanges 2014in february 2004 , the company issued to eligible employees 1032717 options with an exercise price of $ 11.19 per share , the fair market value of the class a common stock on the date of grant . these options were issued in connection with a voluntary option exchange program entered into by the company in august 2003 , where the company accepted for surrender and cancelled options ( having an exercise price of $ 10.25 or greater ) to purchase 1831981 shares of its class a common stock . the program , which was offered to both full and part-time employees , excluding the company 2019s executive officers and its directors , called for the grant ( at least six months and one day from the surrender date to employees still employed on that date ) of new options exercisable for two shares of class a common stock for every three shares of class a common stock issuable upon exercise of a surrendered option . no options were granted to any employees who participated in the exchange offer between the cancellation date and the new grant date . in may 2002 , the company issued to eligible employees 2027612 options with an exercise price of $ 3.84 per share , the fair market value of the class a common stock on the date of grant . these options were issued in connection with a voluntary option exchange program entered into by the company in october 2001 , where the company accepted for surrender and cancelled options to purchase 3471211 shares of its class a common stock . the program , which was offered to both full and part-time employees , excluding most of the company 2019s executive officers , called for the grant ( at least six months and one day from the surrender date to employees still employed on that date ) of new options exercisable for two shares of class a common stock for every three shares of class a common stock issuable upon exercise of a surrendered option . no options were granted to any employees who participated in the exchange offer between the cancellation date and the new grant date . atc mexico holding stock option plan 2014the company maintains a stock option plan in its atc mexico subsidiary ( atc mexico plan ) . the atc mexico plan provides for the issuance of options to officers , employees , directors and consultants of atc mexico . the atc mexico plan limits the number of shares of common stock which may be granted to an aggregate of 360 shares , subject to adjustment based on changes in atc mexico 2019s capital structure . during 2002 , atc mexico granted options to purchase 318 shares of atc mexico common stock to officers and employees . such options were issued at one time with an exercise price of $ 10000 per share . the exercise price per share was at fair market value as determined by the board of directors with the assistance of an independent appraisal performed at the company 2019s request . the fair value of atc mexico plan options granted during 2002 were $ 3611 per share as determined by using the black-scholes option pricing model . as described in note 10 , all outstanding options were exercised in march 2004 . no options under the atc mexico plan were granted in 2004 or 2003 , or exercised or cancelled in 2003 or 2002 , and no options were exercisable as of december 31 , 2003 or 2002 . ( see note 10. ) .\nQuestion: what was the net change in risk-free rate from 2003 to 2004?\nAnswer: 0.23\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.0575" } ]
CONVFINQA6543	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nholding other assumptions constant , the following table reflects what a one hundred basis point increase and decrease in our estimated long-term rate of return on plan assets would have on our estimated 2011 pension expense ( in millions ) : change in long-term rate of return on plan assets . <table class='wikitable'><tr><td>1</td><td>increase ( decrease ) in expense</td><td>change in long-term rateof return on plan assets increase</td><td>change in long-term rateof return on plan assets decrease</td></tr><tr><td>2</td><td>u.s . plans</td><td>$ -14 ( 14 )</td><td>$ 14</td></tr><tr><td>3</td><td>u.k . plans</td><td>-35 ( 35 )</td><td>35</td></tr><tr><td>4</td><td>the netherlands plan</td><td>-5 ( 5 )</td><td>5</td></tr><tr><td>5</td><td>canada plans</td><td>-2 ( 2 )</td><td>2</td></tr></table> estimated future contributions we estimate contributions of approximately $ 403 million in 2011 as compared with $ 288 million in goodwill and other intangible assets goodwill represents the excess of cost over the fair market value of the net assets acquired . we classify our intangible assets acquired as either trademarks , customer relationships , technology , non-compete agreements , or other purchased intangibles . our goodwill and other intangible balances at december 31 , 2010 increased to $ 8.6 billion and $ 3.6 billion , respectively , compared to $ 6.1 billion and $ 791 million , respectively , at december 31 , 2009 , primarily as a result of the hewitt acquisition . although goodwill is not amortized , we test it for impairment at least annually in the fourth quarter . in the fourth quarter , we also test acquired trademarks ( which also are not amortized ) for impairment . we test more frequently if there are indicators of impairment or whenever business circumstances suggest that the carrying value of goodwill or trademarks may not be recoverable . these indicators may include a sustained significant decline in our share price and market capitalization , a decline in our expected future cash flows , or a significant adverse change in legal factors or in the business climate , among others . no events occurred during 2010 or 2009 that indicate the existence of an impairment with respect to our reported goodwill or trademarks . we perform impairment reviews at the reporting unit level . a reporting unit is an operating segment or one level below an operating segment ( referred to as a 2018 2018component 2019 2019 ) . a component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component . an operating segment shall be deemed to be a reporting unit if all of its components are similar , if none of its components is a reporting unit , or if the segment comprises only a single component . the goodwill impairment test is a two step analysis . step one requires the fair value of each reporting unit to be compared to its book value . management must apply judgment in determining the estimated fair value of the reporting units . if the fair value of a reporting unit is determined to be greater than the carrying value of the reporting unit , goodwill and trademarks are deemed not to be impaired and no further testing is necessary . if the fair value of a reporting unit is less than the carrying value , we perform step two . step two uses the calculated fair value of the reporting unit to perform a hypothetical purchase price allocation to the fair value of the assets and liabilities of the reporting unit . the difference between the fair value of the reporting unit calculated in step one and the fair value of the underlying assets and liabilities of the reporting unit is the implied fair value of the reporting unit 2019s goodwill . a charge is recorded in the financial statements if the carrying value of the reporting unit 2019s goodwill is greater than its implied fair value. .\nQuestion: what is the net change in the balance of goodwill in 2010?\nAnswer: 2.5\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.40984" } ]
CONVFINQA825	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .\nQuestion: what is the product of the shares of equity compensation plans approved by security holders by the average price?\nAnswer: 150967560.2\nQuestion: now, what is that product simplified?\n" }, { "role": "agent", "content": "150.96756" } ]
CONVFINQA8195	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfidelity national information services , inc . and subsidiaries notes to consolidated financial statements - ( continued ) contingent consideration liabilities recorded in connection with business acquisitions must also be adjusted for changes in fair value until settled . see note 3 for discussion of the capital markets company bvba ( \"capco\" ) contingent consideration liability . ( d ) derivative financial instruments the company accounts for derivative financial instruments in accordance with financial accounting standards board accounting standards codification ( 201cfasb asc 201d ) topic 815 , derivatives and hedging . during 2016 , 2015 and 2014 , the company engaged in g hedging activities relating to its variable rate debt through the use of interest rate swaps . the company designates these interest rate swaps as cash flow hedges . the estimated fair values of the cash flow hedges are determined using level 2 type measurements . thh ey are recorded as an asset or liability of the company and are included in the accompanying consolidated balance sheets in prepaid expenses and other current assets , other non-current assets , accounts payable and accrued liabilities or other long-term liabilities , as appropriate , and as a component of accumulated other comprehensive earnings , net of deferred taxes . a portion of the amount included in accumulated other comprehensive earnings is recorded in interest expense as a yield adjustment as interest payments are made on then company 2019s term and revolving loans ( note 10 ) . the company 2019s existing cash flow hedge is highly effective and there was no impact on 2016 earnings due to hedge ineffectiveness . it is our policy to execute such instruments with credit-worthy banks and not to enter into derivative financial instruments for speculative purposes . as of december 31 , 2016 , we believe that our interest rate swap counterparty will be able to fulfill its obligations under our agreement . the company's foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in the company's results of operations and/or cash flows resulting from foreign exchange rate fluctuations . during 2016 and 2015 , the company entered into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans . as of december 31 , 2016 and 2015 , the notional amount of these derivatives was approximately $ 143 million and aa $ 81 million , respectively , and the fair value was nominal . these derivatives have not been designated as hedges for accounting purposes . we also use currency forward contracts to manage our exposure to fluctuations in costs caused by variations in indian rupee ( \"inr\" ) ii exchange rates . as of december 31 , 2016 , the notional amount of these derivatives was approximately $ 7 million and the fair value was l less than $ 1 million , which is included in prepaid expenses and other current assets in the consolidated balance sheets . these inr forward contracts are designated as cash flow hedges . the fair value of these currency forward contracts is determined using currency uu exchange market rates , obtained from reliable , independent , third party banks , at the balance sheet date . the fair value of forward rr contracts is subject to changes in currency exchange rates . the company has no ineffectiveness related to its use of currency forward ff contracts in connection with inr cash flow hedges . in september 2015 , the company entered into treasury lock hedges with a total notional amount of $ 1.0 billion , reducing the risk of changes in the benchmark index component of the 10-year treasury yield . the company def signated these derivatives as cash flow hedges . on october 13 , 2015 , in conjunction with the pricing of the $ 4.5 billion senior notes , the companyr terminated these treasury lock contracts for a cash settlement payment of $ 16 million , which was recorded as a component of other comprehensive earnings and will be reclassified as an adjustment to interest expense over the ten years during which the related interest payments that were hedged will be recognized in income . ( e ) trade receivables a summary of trade receivables , net , as of december 31 , 2016 and 2015 is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>trade receivables 2014 billed</td><td>$ 1452</td><td>$ 1546</td></tr><tr><td>3</td><td>trade receivables 2014 unbilled</td><td>228</td><td>201</td></tr><tr><td>4</td><td>total trade receivables</td><td>1680</td><td>1747</td></tr><tr><td>5</td><td>allowance for doubtful accounts</td><td>-41 ( 41 )</td><td>-16 ( 16 )</td></tr><tr><td>6</td><td>total trade receivables net</td><td>$ 1639</td><td>$ 1731</td></tr></table> .\nQuestion: what was the total net trade receivables for 2016?\n" }, { "role": "agent", "content": "1639.0" } ]
CONVFINQA3753	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 6 . selected financial data the following table represents our selected financial data . the table should be read in conjunction with item 7 and item 8 of this report . the table below reflects immaterial error corrections discussed in note 2 : summary of significant accounting policies in item 8. . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>year ended december 31 2012</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td><td>year ended december 31 2008</td></tr><tr><td>2</td><td>sales and service revenues</td><td>$ 6708</td><td>$ 6575</td><td>$ 6723</td><td>$ 6292</td><td>$ 6189</td></tr><tr><td>3</td><td>goodwill impairment</td><td>2014</td><td>290</td><td>2014</td><td>2014</td><td>2465</td></tr><tr><td>4</td><td>operating income ( loss )</td><td>358</td><td>100</td><td>241</td><td>203</td><td>-2332 ( 2332 )</td></tr><tr><td>5</td><td>net earnings ( loss )</td><td>146</td><td>-100 ( 100 )</td><td>131</td><td>119</td><td>-2397 ( 2397 )</td></tr><tr><td>6</td><td>total assets</td><td>6392</td><td>6069</td><td>5270</td><td>5097</td><td>4821</td></tr><tr><td>7</td><td>long-term debt ( 1 )</td><td>1779</td><td>1830</td><td>105</td><td>283</td><td>283</td></tr><tr><td>8</td><td>total long-term obligations</td><td>4341</td><td>3838</td><td>1637</td><td>1708</td><td>1823</td></tr><tr><td>9</td><td>free cash flow ( 2 )</td><td>170</td><td>331</td><td>168</td><td>-269 ( 269 )</td><td>121</td></tr><tr><td>10</td><td>dividends declared per share</td><td>$ 0.10</td><td>$ 2014</td><td>$ 2014</td><td>$ 2014</td><td>$ 2014</td></tr><tr><td>11</td><td>basic earnings ( loss ) per share ( 3 )</td><td>$ 2.96</td><td>$ -2.05 ( 2.05 )</td><td>$ 2.68</td><td>$ 2.44</td><td>$ -49.14 ( 49.14 )</td></tr><tr><td>12</td><td>diluted earnings ( loss ) per share ( 3 )</td><td>$ 2.91</td><td>$ -2.05 ( 2.05 )</td><td>$ 2.68</td><td>$ 2.44</td><td>$ -49.14 ( 49.14 )</td></tr></table> basic earnings ( loss ) per share ( 3 ) $ 2.96 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) diluted earnings ( loss ) per share ( 3 ) $ 2.91 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities . ( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures . see liquidity and capital resources in item 7 for more information on this measure . ( 3 ) on march 30 , 2011 , the record date of the stock distribution associated with the spin-off from northrop grumman , approximately 48.8 million shares of $ 0.01 par value hii common stock were distributed to northrop grumman stockholders . this share amount was utilized for the calculation of basic and diluted earnings ( loss ) per share for the three months ended march 31 , 2011 , and all prior periods , as no common stock of the company existed prior to march 30 , 2011 , and the impact of dilutive securities in the three month period ended march 31 , 2011 , was not meaningful. .\nQuestion: what was the amount of the total assets in 2012, in millions of dollars?\nAnswer: 6392.0\nQuestion: and what was it in 2008, also in millions of dollars?\nAnswer: 4821.0\nQuestion: what was, then, the change over the years?\nAnswer: 1571.0\nQuestion: and what is that in dollars?\nAnswer: 1571000000.0\nQuestion: and during only the middle year of that period, in 2010, how much did the net earnings represent in relation to those total assets?\n" }, { "role": "agent", "content": "0.02486" } ]
CONVFINQA9885	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmarathon oil corporation notes to consolidated financial statements operating lease rental expense was : ( in millions ) 2008 2007 2006 minimum rental ( a ) $ 245 $ 209 $ 172 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>minimum rental ( a )</td><td>$ 245</td><td>$ 209</td><td>$ 172</td></tr><tr><td>3</td><td>contingent rental</td><td>22</td><td>33</td><td>28</td></tr><tr><td>4</td><td>sublease rentals</td><td>2013</td><td>2013</td><td>-7 ( 7 )</td></tr><tr><td>5</td><td>net rental expense</td><td>$ 267</td><td>$ 242</td><td>$ 193</td></tr></table> ( a ) excludes $ 5 million , $ 8 million and $ 9 million paid by united states steel in 2008 , 2007 and 2006 on assumed leases . 27 . contingencies and commitments we are the subject of , or party to , a number of pending or threatened legal actions , contingencies and commitments involving a variety of matters , including laws and regulations relating to the environment . certain of these matters are discussed below . the ultimate resolution of these contingencies could , individually or in the aggregate , be material to our consolidated financial statements . however , management believes that we will remain a viable and competitive enterprise even though it is possible that these contingencies could be resolved unfavorably . environmental matters 2013 we are subject to federal , state , local and foreign laws and regulations relating to the environment . these laws generally provide for control of pollutants released into the environment and require responsible parties to undertake remediation of hazardous waste disposal sites . penalties may be imposed for noncompliance . at december 31 , 2008 and 2007 , accrued liabilities for remediation totaled $ 111 million and $ 108 million . it is not presently possible to estimate the ultimate amount of all remediation costs that might be incurred or the penalties that may be imposed . receivables for recoverable costs from certain states , under programs to assist companies in clean-up efforts related to underground storage tanks at retail marketing outlets , were $ 60 and $ 66 million at december 31 , 2008 and 2007 . we are a defendant , along with other refining companies , in 20 cases arising in three states alleging damages for methyl tertiary-butyl ether ( 201cmtbe 201d ) contamination . we have also received seven toxic substances control act notice letters involving potential claims in two states . such notice letters are often followed by litigation . like the cases that were settled in 2008 , the remaining mtbe cases are consolidated in a multidistrict litigation in the southern district of new york for pretrial proceedings . nineteen of the remaining cases allege damages to water supply wells , similar to the damages claimed in the settled cases . in the other remaining case , the state of new jersey is seeking natural resources damages allegedly resulting from contamination of groundwater by mtbe . this is the only mtbe contamination case in which we are a defendant and natural resources damages are sought . we are vigorously defending these cases . we , along with a number of other defendants , have engaged in settlement discussions related to the majority of the cases in which we are a defendant . we do not expect our share of liability , if any , for the remaining cases to significantly impact our consolidated results of operations , financial position or cash flows . a lawsuit filed in the united states district court for the southern district of west virginia alleges that our catlettsburg , kentucky , refinery distributed contaminated gasoline to wholesalers and retailers for a period prior to august , 2003 , causing permanent damage to storage tanks , dispensers and related equipment , resulting in lost profits , business disruption and personal and real property damages . following the incident , we conducted remediation operations at affected facilities , and we deny that any permanent damages resulted from the incident . class action certification was granted in august 2007 . we have entered into a tentative settlement agreement in this case . notice of the proposed settlement has been sent to the class members . approval by the court after a fairness hearing is required before the settlement can be finalized . the fairness hearing is scheduled in the first quarter of 2009 . the proposed settlement will not significantly impact our consolidated results of operations , financial position or cash flows . guarantees 2013 we have provided certain guarantees , direct and indirect , of the indebtedness of other companies . under the terms of most of these guarantee arrangements , we would be required to perform should the guaranteed party fail to fulfill its obligations under the specified arrangements . in addition to these financial guarantees , we also have various performance guarantees related to specific agreements. .\nQuestion: what is the net change in the minimum rental from 2006 to 2008?\nAnswer: 73.0\nQuestion: what is the amount of minimum rental in 2006?\nAnswer: 172.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.42442" } ]
CONVFINQA10762	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements mexico litigation 2014one of the company 2019s subsidiaries , spectrasite communications , inc . ( 201csci 201d ) , is involved in a lawsuit brought in mexico against a former mexican subsidiary of sci ( the subsidiary of sci was sold in 2002 , prior to the company 2019s merger with sci 2019s parent in 2005 ) . the lawsuit concerns a terminated tower construction contract and related agreements with a wireless carrier in mexico . the primary issue for the company is whether sci itself can be found liable to the mexican carrier . the trial and lower appellate courts initially found that sci had no such liability in part because mexican courts do not have the necessary jurisdiction over sci . following several decisions by mexican appellate courts , including the supreme court of mexico , and related appeals by both parties , an intermediate appellate court issued a new decision that would , if enforceable , reimpose liability on sci in september 2010 . in its decision , the intermediate appellate court identified potential damages of approximately $ 6.7 million , and on october 14 , 2010 , the company filed a new constitutional appeal to again dispute the decision . as a result , at this stage of the proceeding , the company is unable to determine whether the liability imposed on sci by the september 2010 decision will survive or to estimate its share , if any , of that potential liability if the decision survives the pending appeal . xcel litigation 2014on june 3 , 2010 , horse-shoe capital ( 201chorse-shoe 201d ) , a company formed under the laws of the republic of mauritius , filed a complaint in the supreme court of the state of new york , new york county , with respect to horse-shoe 2019s sale of xcel to american tower mauritius ( 201catmauritius 201d ) , the company 2019s wholly-owned subsidiary formed under the laws of the republic of mauritius . the complaint names atmauritius , ati and the company as defendants , and the dispute concerns the timing and amount of distributions to be made by atmauritius to horse-shoe from a $ 7.5 million holdback escrow account and a $ 15.7 million tax escrow account , each established by the transaction agreements at closing . the complaint seeks release of the entire holdback escrow account , plus an additional $ 2.8 million , as well as the release of approximately $ 12.0 million of the tax escrow account . the complaint also seeks punitive damages in excess of $ 69.0 million . the company filed an answer to the complaint in august 2010 , disputing both the amounts alleged to be owed under the escrow agreements as well as the timing of the escrow distributions . the company also asserted in its answer that the demand for punitive damages is meritless . the parties have filed cross-motions for summary judgment concerning the release of the tax escrow account and in january 2011 the court granted the company 2019s motion for summary judgment , finding no obligation for the company to release the disputed portion of the tax escrow until 2013 . other claims are pending . the company is vigorously defending the lawsuit . lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are recognized on a straight-line basis over the non-cancellable term of the lease . future minimum rental payments under non-cancellable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2010 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 257971</td></tr><tr><td>2</td><td>2012</td><td>254575</td></tr><tr><td>3</td><td>2013</td><td>251268</td></tr><tr><td>4</td><td>2014</td><td>246392</td></tr><tr><td>5</td><td>2015</td><td>238035</td></tr><tr><td>6</td><td>thereafter</td><td>2584332</td></tr><tr><td>7</td><td>total</td><td>$ 3832573</td></tr></table> .\nQuestion: what is the amount of future minimum rental payments due in 2011?\nAnswer: 257971.0\nQuestion: what is the amount of future minimum rental payments due in 2012?\n" }, { "role": "agent", "content": "254575.0" } ]

Subsets and Splits

No community queries yet

The top public SQL queries from the community will appear here once available.