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CONVFINQA5053	[ { "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\nlevels during 2008 , an indication that efforts to improve network operations translated into better customer service . 2022 fuel prices 2013 crude oil prices increased at a steady rate through the first seven months of 2008 , closing at a record high of $ 145.29 a barrel in early july . as the economy worsened during the third and fourth quarters , fuel prices dropped dramatically , hitting $ 33.87 per barrel in december , a near five-year low . despite these price declines toward the end of the year , our 2008 average fuel price increased by 39% ( 39 % ) and added $ 1.1 billion of operating expenses compared to 2007 . our fuel surcharge programs helped offset the impact of higher fuel prices . in addition , we reduced our consumption rate by 4% ( 4 % ) , saving approximately 58 million gallons of fuel during the year . the use of newer , more fuel efficient locomotives ; our fuel conservation programs ; improved network operations ; and a shift in commodity mix , primarily due to growth in bulk shipments , contributed to the improvement . 2022 free cash flow 2013 cash generated by operating activities totaled a record $ 4.1 billion , yielding free cash flow of $ 825 million in 2008 . free cash flow is defined as cash provided by operating activities , less cash used in investing activities and dividends paid . free cash flow is not considered a financial measure under accounting principles generally accepted in the united states ( gaap ) by sec regulation g and item 10 of sec regulation s-k . we believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings . free cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities . the following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions of dollars 2008 2007 2006 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 4070</td><td>$ 3277</td><td>$ 2880</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2764 ( 2764 )</td><td>-2426 ( 2426 )</td><td>-2042 ( 2042 )</td></tr><tr><td>4</td><td>dividends paid</td><td>-481 ( 481 )</td><td>-364 ( 364 )</td><td>-322 ( 322 )</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 825</td><td>$ 487</td><td>$ 516</td></tr></table> 2009 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public . we will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training and engaging our employees . we plan to continue implementation of total safety culture ( tsc ) throughout our operations . tsc , an employee-focused initiative that has helped improve safety , is a process designed to establish , maintain , and promote safety among co-workers . with respect to public safety , we will continue our efforts to maintain , upgrade , and close crossings , install video cameras on locomotives , and educate the public about crossing safety through various railroad and industry programs , along with other activities . 2022 transportation plan 2013 in 2009 , we will continue to evaluate traffic flows and network logistic patterns to identify additional opportunities to simplify operations and improve network efficiency and asset utilization . we plan to maintain adequate manpower and locomotives , and improve productivity using industrial engineering techniques . 2022 fuel prices 2013 on average , we expect fuel prices to decrease substantially from the average price we paid in 2008 . however , due to economic uncertainty , other global pressures , and weather incidents , fuel prices again could be volatile during the year . to reduce the impact of fuel price on earnings , we .\nQuestion: what was free cash flow in 2008?\nAnswer: 825.0\nQuestion: what was it in 2007?\nAnswer: 487.0\nQuestion: what is the net change?\n" }, { "role": "agent", "content": "338.0" } ]
CONVFINQA5845	[ { "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\nfleet automation approximately 66% ( 66 % ) 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 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 12% ( 12 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng , our preferred alternative fuel technology , as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is most prudent to realize the full value of our previous fleet investments . approximately 50% ( 50 % ) of our replacement vehicle purchases during 2013 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission objectives or initiatives that focus on protecting the environment . although upfront costs are higher , we expect that using natural gas will reduce our overall fleet operating costs through lower fuel expenses . standardized maintenance based on an industry trade publication , we operate the eighth largest vocational fleet in the united states . as of december 31 , 2013 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles average age . <table class='wikitable'><tr><td>1</td><td>-</td><td>approximate number of vehicles</td><td>average age</td></tr><tr><td>2</td><td>residential</td><td>7600</td><td>7</td></tr><tr><td>3</td><td>commercial</td><td>4300</td><td>6</td></tr><tr><td>4</td><td>industrial</td><td>3600</td><td>9</td></tr><tr><td>5</td><td>total</td><td>15500</td><td>7</td></tr></table> through standardization of core functions , we believe we can minimize variability in our maintenance processes resulting in higher vehicle quality while extending the service life of our fleet . we believe operating a more reliable , safer and efficient fleet will lower our operating costs . we have completed implementation of standardized maintenance programs for approximately 45% ( 45 % ) of our fleet maintenance operations as of december 31 , 2013 . cash utilization strategy key components of our cash utilization strategy include increasing free cash flow and improving our return on invested capital . our definition of free cash flow , which is not a measure determined in accordance with united states generally accepted accounting principles ( u.s . gaap ) , is cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows . for a discussion and reconciliation of free cash flow , you should read the 201cfree cash flow 201d section of our management 2019s discussion and analysis of financial condition and results of operations contained in item 7 of this form 10-k . we believe free cash flow drives shareholder value and provides useful information regarding the recurring cash provided by our operations . free cash flow also demonstrates our ability to execute our cash utilization strategy , which includes investments in acquisitions and returning a majority of free cash flow to our shareholders through dividends and share repurchases . we are committed to an efficient capital structure and maintaining our investment grade rating . we manage our free cash flow by ensuring that capital expenditures and operating asset levels are appropriate in light of our existing business and growth opportunities , as well as by closely managing our working capital , which consists primarily of accounts receivable , accounts payable , and accrued landfill and environmental costs. .\nQuestion: as of december 31, 2013, what was the number of residential vehicles?\nAnswer: 7600.0\nQuestion: and what was the number of industrial ones?\nAnswer: 3600.0\nQuestion: how much, then, does the residential fleet number represent in relation to this industrial one?\nAnswer: 2.11111\nQuestion: and as of that same date, what was the amount of vehicles operating on compressed natural gas ( cng )?\n" }, { "role": "agent", "content": "1860.0" } ]
CONVFINQA1370	[ { "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\nconduit assets by asset origin . <table class='wikitable'><tr><td>1</td><td>( dollars in billions )</td><td>2008 amount</td><td>2008 percent of total conduit assets</td><td>2008 amount</td><td>percent of total conduit assets</td></tr><tr><td>2</td><td>united states</td><td>$ 11.09</td><td>46% ( 46 % )</td><td>$ 12.14</td><td>42% ( 42 % )</td></tr><tr><td>3</td><td>australia</td><td>4.30</td><td>17</td><td>6.10</td><td>21</td></tr><tr><td>4</td><td>great britain</td><td>1.97</td><td>8</td><td>2.93</td><td>10</td></tr><tr><td>5</td><td>spain</td><td>1.71</td><td>7</td><td>1.90</td><td>7</td></tr><tr><td>6</td><td>italy</td><td>1.66</td><td>7</td><td>1.86</td><td>7</td></tr><tr><td>7</td><td>portugal</td><td>0.62</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>8</td><td>germany</td><td>0.57</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>9</td><td>netherlands</td><td>0.40</td><td>2</td><td>0.55</td><td>2</td></tr><tr><td>10</td><td>belgium</td><td>0.29</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>11</td><td>greece</td><td>0.27</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>12</td><td>other</td><td>1.01</td><td>5</td><td>1.26</td><td>5</td></tr><tr><td>13</td><td>total conduit assets</td><td>$ 23.89</td><td>100% ( 100 % )</td><td>$ 28.76</td><td>100% ( 100 % )</td></tr></table> the conduits meet the definition of a vie , as defined by fin 46 ( r ) . we have determined that we are not the primary beneficiary of the conduits , as defined by fin 46 ( r ) , and do not record them in our consolidated financial statements . we hold no direct or indirect ownership interest in the conduits , but we provide subordinated financial support to them through contractual arrangements . standby letters of credit absorb certain actual credit losses from the conduit assets ; our commitment under these letters of credit totaled $ 1.00 billion and $ 1.04 billion at december 31 , 2008 and 2007 , respectively . liquidity asset purchase agreements provide liquidity to the conduits in the event they cannot place commercial paper in the ordinary course of their business ; these facilities , which require us to purchase assets from the conduits at par , would provide the needed liquidity to repay maturing commercial paper if there was a disruption in the asset-backed commercial paper market . the aggregate commitment under the liquidity asset purchase agreements was approximately $ 23.59 billion and $ 28.37 billion at december 31 , 2008 and 2007 , respectively . we did not accrue for any losses associated with either our commitment under the standby letters of credit or the liquidity asset purchase agreements in our consolidated statement of condition at december 31 , 2008 or 2007 . during the first quarter of 2008 , pursuant to the contractual terms of our liquidity asset purchase agreements with the conduits , we were required to purchase $ 850 million of conduit assets . the purchase was the result of various factors , including the continued illiquidity in the commercial paper markets . the securities were purchased at prices determined in accordance with existing contractual terms in the liquidity asset purchase agreements , and which exceeded their fair value . accordingly , during the first quarter of 2008 , the securities were written down to their fair value through a $ 12 million reduction of processing fees and other revenue in our consolidated statement of income , and are carried at fair value in securities available for sale in our consolidated statement of condition . none of our liquidity asset purchase agreements with the conduits were drawn upon during the remainder of 2008 , and no draw-downs on the standby letters of credit occurred during 2008 . the conduits generally sell commercial paper to independent third-party investors . however , we sometimes purchase commercial paper from the conduits . as of december 31 , 2008 , we held an aggregate of approximately $ 230 million of commercial paper issued by the conduits , and $ 2 million at december 31 , 2007 . in addition , approximately $ 5.70 billion of u.s . conduit-issued commercial paper had been sold to the cpff . the cpff is scheduled to expire on october 31 , 2009 . the weighted-average maturity of the conduits 2019 commercial paper in the aggregate was approximately 25 days as of december 31 , 2008 , compared to approximately 20 days as of december 31 , 2007 . each of the conduits has issued first-loss notes to independent third parties , which third parties absorb first- dollar losses related to credit risk . aggregate first-loss notes outstanding at december 31 , 2008 for the four conduits totaled $ 67 million , compared to $ 32 million at december 31 , 2007 . actual credit losses of the conduits .\nQuestion: what is the value of conduit assets in the united states in 2008?\nAnswer: 11.09\nQuestion: what is the value in 2007?\n" }, { "role": "agent", "content": "12.14" } ]
CONVFINQA664	[ { "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\nexpected term 2014 the company uses historical employee exercise and option expiration data to estimate the expected term assumption for the black-scholes grant-date valuation . the company believes that this historical data is currently the best estimate of the expected term of a new option , and that generally its employees exhibit similar exercise behavior . risk-free interest rate 2014 the yield on zero-coupon u.s . treasury securities for a period that is commensurate with the expected term assumption is used as the risk-free interest rate . expected dividend yield 2014 expected dividend yield is calculated by annualizing the cash dividend declared by the company 2019s board of directors for the current quarter and dividing that result by the closing stock price on the date of grant . until such time as the company 2019s board of directors declares a cash dividend for an amount that is different from the current quarter 2019s cash dividend , the current dividend will be used in deriving this assumption . cash dividends are not paid on options , restricted stock or restricted stock units . in connection with the acquisition , the company granted restricted stock awards to replace outstanding restricted stock awards of linear employees . these restricted stock awards entitle recipients to voting and nonforfeitable dividend rights from the date of grant . stock-based compensation expensexp p the amount of stock-based compensation expense recognized during a period is based on the value of the awards that are ultimately expected to vest . forfeitures are estimated at the time of grant and revised , if necessary , in subsequent periods if actual forfeitures differ from those estimates . the term 201cforfeitures 201d is distinct from 201ccancellations 201d or 201cexpirations 201d and represents only the unvested portion of the surrendered stock-based award . based on an analysis of its historical forfeitures , the company has applied an annual forfeitureff rate of 5.0% ( 5.0 % ) to all unvested stock-based awards as of november 2 , 2019 . this analysis will be re-evaluated quarterly and the forfeiture rate will be adjusted as necessary . ultimately , the actual expense recognized over the vesting period will only be for those awards that vest . total stock-based compensation expense recognized is as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>cost of sales</td><td>$ 20628</td><td>$ 18733</td><td>$ 12569</td></tr><tr><td>3</td><td>research and development</td><td>75305</td><td>81444</td><td>51258</td></tr><tr><td>4</td><td>selling marketing general and administrative</td><td>51829</td><td>50988</td><td>40361</td></tr><tr><td>5</td><td>special charges</td><td>2538</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>total stock-based compensation expense</td><td>$ 150300</td><td>$ 151165</td><td>$ 104188</td></tr></table> as of november 2 , 2019 and november 3 , 2018 , the company capitalized $ 6.8 million and $ 7.1 million , respectively , of stock-based compensation in inventory . additional paid-in-capital ( apic ) pp poolp p ( ) the company adopted asu 2016-09 during fiscal 2018 . asu 2016-09 eliminated the apic pool and requires that excess tax benefits and tax deficiencies be recorded in the income statement when awards are settled . as a result of this adoption the company recorded total excess tax benefits of $ 28.7 million and $ 26.2 million in fiscal 2019 and fiscal 2018 , respectively , from its stock-based compensation payments within income tax expense in its consolidated statements of income . for fiscal 2017 , the apic pool represented the excess tax benefits related to stock-based compensation that were available to absorb future tax deficiencies . if the amount of future tax deficiencies was greater than the available apic pool , the company recorded the excess as income tax expense in its consolidated statements of income . for fiscal 2017 , the company had a sufficient apic pool to cover any tax deficiencies recorded and as a result , these deficiencies did not affect its results of operations . analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what was the value of research & development in 2019?\nAnswer: 75305.0\nQuestion: and in 2018?\nAnswer: 81444.0\nQuestion: so what was the difference in this value between the two years?\n" }, { "role": "agent", "content": "-6139.0" } ]
CONVFINQA9060	[ { "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\ncritical accounting estimates our consolidated financial statements include amounts that , either by their nature or due to requirements of accounting princi- ples generally accepted in the u.s . ( gaap ) , are determined using best estimates and assumptions . while we believe that the amounts included in our consolidated financial statements reflect our best judgment , actual amounts could ultimately materi- ally differ from those currently presented . we believe the items that require the most subjective and complex estimates are : 2022 unpaid loss and loss expense reserves , including long-tail asbestos and environmental ( a&e ) reserves ; 2022 future policy benefits reserves ; 2022 valuation of value of business acquired ( voba ) and amortization of deferred policy acquisition costs and voba ; 2022 the assessment of risk transfer for certain structured insurance and reinsurance contracts ; 2022 reinsurance recoverable , including a provision for uncollectible reinsurance ; 2022 the valuation of our investment portfolio and assessment of other-than-temporary impairments ( otti ) ; 2022 the valuation of deferred tax assets ; 2022 the valuation of derivative instruments related to guaranteed minimum income benefits ( gmib ) ; and 2022 the valuation of goodwill . we believe our accounting policies for these items are of critical importance to our consolidated financial statements . the following discussion provides more information regarding the estimates and assumptions required to arrive at these amounts and should be read in conjunction with the sections entitled : prior period development , asbestos and environmental and other run-off liabilities , reinsurance recoverable on ceded reinsurance , investments , net realized gains ( losses ) , and other income and expense items . unpaid losses and loss expenses overview and key data as an insurance and reinsurance company , we are required , by applicable laws and regulations and gaap , to establish loss and loss expense reserves for the estimated unpaid portion of the ultimate liability for losses and loss expenses under the terms of our policies and agreements with our insured and reinsured customers . the estimate of the liabilities includes provisions for claims that have been reported but are unpaid at the balance sheet date ( case reserves ) and for future obligations on claims that have been incurred but not reported ( ibnr ) at the balance sheet date ( ibnr may also include a provision for additional development on reported claims in instances where the case reserve is viewed to be potentially insufficient ) . loss reserves also include an estimate of expenses associated with processing and settling unpaid claims ( loss expenses ) . at december 31 , 2009 , our gross unpaid loss and loss expense reserves were $ 37.8 billion and our net unpaid loss and loss expense reserves were $ 25 billion . with the exception of certain structured settlements , for which the timing and amount of future claim pay- ments are reliably determinable , our loss reserves are not discounted for the time value of money . in connection with such structured settlements , we carry net reserves of $ 76 million , net of discount . the table below presents a roll-forward of our unpaid losses and loss expenses for the years ended december 31 , 2009 and 2008. . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars )</td><td>2009 gross losses</td><td>2009 reinsurance recoverable ( 1 )</td><td>2009 net losses</td><td>2009 gross losses</td><td>2009 reinsurance recoverable ( 1 )</td><td>net losses</td></tr><tr><td>2</td><td>balance beginning of year</td><td>$ 37176</td><td>$ 12935</td><td>$ 24241</td><td>$ 37112</td><td>$ 13520</td><td>$ 23592</td></tr><tr><td>3</td><td>losses and loss expenses incurred</td><td>11141</td><td>3719</td><td>7422</td><td>10944</td><td>3341</td><td>7603</td></tr><tr><td>4</td><td>losses and loss expenses paid</td><td>-11093 ( 11093 )</td><td>-4145 ( 4145 )</td><td>-6948 ( 6948 )</td><td>-9899 ( 9899 )</td><td>-3572 ( 3572 )</td><td>-6327 ( 6327 )</td></tr><tr><td>5</td><td>other ( including foreign exchange revaluation )</td><td>559</td><td>236</td><td>323</td><td>-1367 ( 1367 )</td><td>-387 ( 387 )</td><td>-980 ( 980 )</td></tr><tr><td>6</td><td>losses and loss expenses acquired</td><td>2013</td><td>2013</td><td>2013</td><td>386</td><td>33</td><td>353</td></tr><tr><td>7</td><td>balance end of year</td><td>$ 37783</td><td>$ 12745</td><td>$ 25038</td><td>$ 37176</td><td>$ 12935</td><td>$ 24241</td></tr></table> ( 1 ) net of provision for uncollectible reinsurance .\nQuestion: what was the change in gross unpaid losses from 2008 to 2009?\nAnswer: 607.0\nQuestion: and what is this change as a percentage of those losses in 2008?\nAnswer: 0.01633\nQuestion: in that same period, what was the change in the net unpaid losses?\nAnswer: 797.0\nQuestion: and how much did this change represent in relation to the 2008 losses?\n" }, { "role": "agent", "content": "0.03288" } ]
CONVFINQA4047	[ { "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 february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares . the indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations . we were in compliance with all such covenants as of december 31 , 2007 . sale of real estate assets we utilize sales of real estate assets as an additional source of liquidity . we pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities . uses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 45296</td><td>$ 41895</td><td>$ 60633</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>32238</td><td>32983</td><td>33175</td></tr><tr><td>4</td><td>building improvements</td><td>8402</td><td>8122</td><td>15232</td></tr><tr><td>5</td><td>totals</td><td>$ 85936</td><td>$ 83000</td><td>$ 109040</td></tr></table> dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . we paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively . we also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . debt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 . we had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 . scheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .\nQuestion: what is the increase in dividends per share from 2006 to 2007?\n" }, { "role": "agent", "content": "0.02" } ]
CONVFINQA10607	[ { "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 is the sum of long term debt due in 2017 and 2018?\nAnswer: 1135487.0\nQuestion: what is that divided by 1000?\n" }, { "role": "agent", "content": "1135.487" } ]
CONVFINQA2008	[ { "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 part ii , item 8 schlumberger limited ( schlumberger n.v. , incorporated in the netherlands antilles ) and subsidiary companies shares of common stock issued treasury shares outstanding . <table class='wikitable'><tr><td>1</td><td>-</td><td>issued</td><td>in treasury</td><td>shares outstanding</td></tr><tr><td>2</td><td>balance january 1 2001</td><td>667085793</td><td>-94361099 ( 94361099 )</td><td>572724694</td></tr><tr><td>3</td><td>employee stock purchase plan</td><td>2013</td><td>1752833</td><td>1752833</td></tr><tr><td>4</td><td>shares granted to directors</td><td>2013</td><td>4800</td><td>4800</td></tr><tr><td>5</td><td>shares sold to optionees</td><td>8385</td><td>1399686</td><td>1408071</td></tr><tr><td>6</td><td>balance december 31 2001</td><td>667094178</td><td>-91203780 ( 91203780 )</td><td>575890398</td></tr><tr><td>7</td><td>employee stock purchase plan</td><td>2013</td><td>2677842</td><td>2677842</td></tr><tr><td>8</td><td>shares granted to directors</td><td>2013</td><td>3500</td><td>3500</td></tr><tr><td>9</td><td>shares sold to optionees</td><td>10490</td><td>2243400</td><td>2253890</td></tr><tr><td>10</td><td>acquisition of technoguide</td><td>2013</td><td>1347485</td><td>1347485</td></tr><tr><td>11</td><td>balance december 31 2002</td><td>667104668</td><td>-84931553 ( 84931553 )</td><td>582173115</td></tr><tr><td>12</td><td>employee stock purchase plan</td><td>2013</td><td>2464088</td><td>2464088</td></tr><tr><td>13</td><td>shares granted to directors</td><td>2013</td><td>3500</td><td>3500</td></tr><tr><td>14</td><td>shares sold to optionees</td><td>1320</td><td>1306305</td><td>1307625</td></tr><tr><td>15</td><td>balance december 31 2003</td><td>667105988</td><td>-81157660 ( 81157660 )</td><td>585948328</td></tr></table> see the notes to consolidated financial statements 39 / slb 2003 form 10-k .\nQuestion: what were the number of shares issued to directors in 2001?\nAnswer: 4800.0\nQuestion: what was the number in 2002?\nAnswer: 3500.0\nQuestion: what is the sum number of shares?\n" }, { "role": "agent", "content": "8300.0" } ]
CONVFINQA9500	[ { "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\nconduit assets by asset origin . <table class='wikitable'><tr><td>1</td><td>( dollars in billions )</td><td>2008 amount</td><td>2008 percent of total conduit assets</td><td>2008 amount</td><td>percent of total conduit assets</td></tr><tr><td>2</td><td>united states</td><td>$ 11.09</td><td>46% ( 46 % )</td><td>$ 12.14</td><td>42% ( 42 % )</td></tr><tr><td>3</td><td>australia</td><td>4.30</td><td>17</td><td>6.10</td><td>21</td></tr><tr><td>4</td><td>great britain</td><td>1.97</td><td>8</td><td>2.93</td><td>10</td></tr><tr><td>5</td><td>spain</td><td>1.71</td><td>7</td><td>1.90</td><td>7</td></tr><tr><td>6</td><td>italy</td><td>1.66</td><td>7</td><td>1.86</td><td>7</td></tr><tr><td>7</td><td>portugal</td><td>0.62</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>8</td><td>germany</td><td>0.57</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>9</td><td>netherlands</td><td>0.40</td><td>2</td><td>0.55</td><td>2</td></tr><tr><td>10</td><td>belgium</td><td>0.29</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>11</td><td>greece</td><td>0.27</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>12</td><td>other</td><td>1.01</td><td>5</td><td>1.26</td><td>5</td></tr><tr><td>13</td><td>total conduit assets</td><td>$ 23.89</td><td>100% ( 100 % )</td><td>$ 28.76</td><td>100% ( 100 % )</td></tr></table> the conduits meet the definition of a vie , as defined by fin 46 ( r ) . we have determined that we are not the primary beneficiary of the conduits , as defined by fin 46 ( r ) , and do not record them in our consolidated financial statements . we hold no direct or indirect ownership interest in the conduits , but we provide subordinated financial support to them through contractual arrangements . standby letters of credit absorb certain actual credit losses from the conduit assets ; our commitment under these letters of credit totaled $ 1.00 billion and $ 1.04 billion at december 31 , 2008 and 2007 , respectively . liquidity asset purchase agreements provide liquidity to the conduits in the event they cannot place commercial paper in the ordinary course of their business ; these facilities , which require us to purchase assets from the conduits at par , would provide the needed liquidity to repay maturing commercial paper if there was a disruption in the asset-backed commercial paper market . the aggregate commitment under the liquidity asset purchase agreements was approximately $ 23.59 billion and $ 28.37 billion at december 31 , 2008 and 2007 , respectively . we did not accrue for any losses associated with either our commitment under the standby letters of credit or the liquidity asset purchase agreements in our consolidated statement of condition at december 31 , 2008 or 2007 . during the first quarter of 2008 , pursuant to the contractual terms of our liquidity asset purchase agreements with the conduits , we were required to purchase $ 850 million of conduit assets . the purchase was the result of various factors , including the continued illiquidity in the commercial paper markets . the securities were purchased at prices determined in accordance with existing contractual terms in the liquidity asset purchase agreements , and which exceeded their fair value . accordingly , during the first quarter of 2008 , the securities were written down to their fair value through a $ 12 million reduction of processing fees and other revenue in our consolidated statement of income , and are carried at fair value in securities available for sale in our consolidated statement of condition . none of our liquidity asset purchase agreements with the conduits were drawn upon during the remainder of 2008 , and no draw-downs on the standby letters of credit occurred during 2008 . the conduits generally sell commercial paper to independent third-party investors . however , we sometimes purchase commercial paper from the conduits . as of december 31 , 2008 , we held an aggregate of approximately $ 230 million of commercial paper issued by the conduits , and $ 2 million at december 31 , 2007 . in addition , approximately $ 5.70 billion of u.s . conduit-issued commercial paper had been sold to the cpff . the cpff is scheduled to expire on october 31 , 2009 . the weighted-average maturity of the conduits 2019 commercial paper in the aggregate was approximately 25 days as of december 31 , 2008 , compared to approximately 20 days as of december 31 , 2007 . each of the conduits has issued first-loss notes to independent third parties , which third parties absorb first- dollar losses related to credit risk . aggregate first-loss notes outstanding at december 31 , 2008 for the four conduits totaled $ 67 million , compared to $ 32 million at december 31 , 2007 . actual credit losses of the conduits .\nQuestion: what was the total conduit asset in 2008?\nAnswer: 23.59\nQuestion: and what was it in 2007?\nAnswer: 28.37\nQuestion: what was, then, the change over the year?\nAnswer: -4.78\nQuestion: and what percentage does this change represent in relation to the 2007 total conduit asset?\nAnswer: -0.16849\nQuestion: and for the conduit assets only in the us, what was the change over that same period?\nAnswer: -1.05\nQuestion: and how much is this change as a percentage of the us conduit assets of 2007?\n" }, { "role": "agent", "content": "-0.08649" } ]
CONVFINQA787	[ { "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\ndecreased production volume as final aircraft deliveries were completed during the second quarter of 2012 and $ 50 million from the favorable resolution of a contractual matter during the second quarter of 2012 ; and about $ 270 million for various other programs ( primarily sustainment activities ) due to decreased volume . the decreases were partially offset by higher net sales of about $ 295 million for f-35 production contracts due to increased production volume and risk retirements ; approximately $ 245 million for the c-5 program due to increased aircraft deliveries ( six aircraft delivered in 2013 compared to four in 2012 ) and other modernization activities ; and about $ 70 million for the f-35 development contract due to increased volume . aeronautics 2019 operating profit for 2013 decreased $ 87 million , or 5% ( 5 % ) , compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 85 million for the f-22 program , which includes approximately $ 50 million from the favorable resolution of a contractual matter in the second quarter of 2012 and about $ 35 million due to decreased risk retirements and production volume ; approximately $ 70 million for the c-130 program due to lower risk retirements and fewer deliveries partially offset by increased sustainment activities ; about $ 65 million for the c-5 program due to the inception-to-date effect of reducing the profit booking rate in the third quarter of 2013 and lower risk retirements ; approximately $ 35 million for the f-16 program due to fewer aircraft deliveries partially offset by increased sustainment activity and aircraft configuration mix . the decreases were partially offset by higher operating profit of approximately $ 180 million for f-35 production contracts due to increased risk retirements and volume . operating profit was comparable for the f-35 development contract and included adjustments of approximately $ 85 million to reflect the inception-to-date impacts of the downward revisions to the profit booking rate in both 2013 and 2012 . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 75 million lower for 2013 compared to backlog backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . backlog decreased in 2013 compared to 2012 mainly due to lower orders on f-16 , c-5 and c-130 programs , partially offset by higher orders on the f-35 program . trends we expect aeronautics 2019 2015 net sales to be comparable or slightly behind 2014 due to a decline in f-16 deliveries as well as a decline in f-35 development activity , partially offset by an increase in production contracts . operating profit is also expected to decrease in the low single digit range , due primarily to contract mix , resulting in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 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>$ 7788</td><td>$ 8367</td><td>$ 8846</td></tr><tr><td>3</td><td>operating profit</td><td>699</td><td>759</td><td>808</td></tr><tr><td>4</td><td>operating margins</td><td>9.0% ( 9.0 % )</td><td>9.1% ( 9.1 % )</td><td>9.1% ( 9.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 8700</td><td>$ 8300</td><td>$ 8700</td></tr></table> 2014 compared to 2013 is&gs 2019 net sales decreased $ 579 million , or 7% ( 7 % ) , for 2014 compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 645 million for 2014 due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo and ptds ) and defense budgets tied to command and control programs ; and approximately $ 490 million for 2014 due to a decline in volume for various ongoing programs , which reflects lower funding levels and programs impacted by in-theater force reductions . the decreases were partially offset by higher net sales of about $ 550 million for 2014 due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies. .\nQuestion: what was the operating profit in 2013?\nAnswer: 759.0\nQuestion: and what was it in 2012?\nAnswer: 808.0\nQuestion: what was, then, the change over the year?\nAnswer: -49.0\nQuestion: and how much does this change represent in relation to that operating profit in 2012?\n" }, { "role": "agent", "content": "-0.06064" } ]
CONVFINQA7968	[ { "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 adobe inc . notes to consolidated financial statements ( continued ) stock options the 2003 plan allows us to grant options to all employees , including executive officers , outside consultants and non- employee directors . this plan will continue until the earlier of ( i ) termination by the board or ( ii ) the date on which all of the shares available for issuance under the plan have been issued and restrictions on issued shares have lapsed . option vesting periods used in the past were generally four years and expire seven years from the effective date of grant . we eliminated the use of stock option grants for all employees and non-employee directors but may choose to issue stock options in the future . performance share programs our 2018 , 2017 and 2016 performance share programs aim to help focus key employees on building stockholder value , provide significant award potential for achieving outstanding company performance and enhance the ability of the company to attract and retain highly talented and competent individuals . the executive compensation committee of our board of directors approves the terms of each of our performance share programs , including the award calculation methodology , under the terms of our 2003 plan . shares may be earned based on the achievement of an objective relative total stockholder return measured over a three-year performance period . performance share awards will be awarded and fully vest upon the later of the executive compensation committee's certification of the level of achievement or the three-year anniversary of each grant . program participants generally have the ability to receive up to 200% ( 200 % ) of the target number of shares originally granted . on january 24 , 2018 , the executive compensation committee approved the 2018 performance share program , the terms of which are similar to prior year performance share programs as discussed above . as of november 30 , 2018 , the shares awarded under our 2018 , 2017 and 2016 performance share programs are yet to be achieved . issuance of shares upon exercise of stock options , vesting of restricted stock units and performance shares , and purchases of shares under the espp , we will issue treasury stock . if treasury stock is not available , common stock will be issued . in order to minimize the impact of on-going dilution from exercises of stock options and vesting of restricted stock units and performance shares , we instituted a stock repurchase program . see note 12 for information regarding our stock repurchase programs . valuation of stock-based compensation stock-based compensation cost is measured at the grant date based on the fair value of the award . our performance share awards are valued using a monte carlo simulation model . the fair value of the awards are fixed at grant date and amortized over the longer of the remaining performance or service period . we use the black-scholes option pricing model to determine the fair value of espp shares . the determination of the fair value of stock-based payment awards on the date of grant using an option pricing model is affected by our stock price as well as assumptions regarding a number of complex and subjective variables . these variables include our expected stock price volatility over the expected term of the awards , actual and projected employee stock option exercise behaviors , a risk-free interest rate and any expected dividends . the expected term of espp shares is the average of the remaining purchase periods under each offering period . the assumptions used to value employee stock purchase rights were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>expected life ( in years )</td><td>0.5 - 2.0</td><td>0.5 - 2.0</td><td>0.5 - 2.0</td></tr><tr><td>3</td><td>volatility</td><td>26% ( 26 % ) - 29% ( 29 % )</td><td>22% ( 22 % ) - 27% ( 27 % )</td><td>26 - 29% ( 29 % )</td></tr><tr><td>4</td><td>risk free interest rate</td><td>1.54% ( 1.54 % ) - 2.52% ( 2.52 % )</td><td>0.62% ( 0.62 % ) - 1.41% ( 1.41 % )</td><td>0.37 - 1.06% ( 1.06 % )</td></tr></table> .\nQuestion: what was the low rate of volatility in 2017?\n" }, { "role": "agent", "content": "0.22" } ]
CONVFINQA3885	[ { "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\nfor the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities . unrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales . for the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities . unrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales . note 13 . equity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards . in addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan . the 1997 plan expired on december 18 , 2006 . as of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan . as of december 31 , 2006 , 106045 awards have been made under the 2006 plan . we have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made . the exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant . stock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant . for restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights . in general , these grants vest over three years . for deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant . generally , these grants vest over two- , three- or four-year periods . performance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods . payment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period . we record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period . we use a black-scholes option-pricing model to estimate the fair value of the options granted . the weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>dividend yield</td><td>1.41% ( 1.41 % )</td><td>1.85% ( 1.85 % )</td><td>1.35% ( 1.35 % )</td></tr><tr><td>3</td><td>expected volatility</td><td>26.50</td><td>28.70</td><td>27.10</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>4.60</td><td>4.19</td><td>3.02</td></tr><tr><td>5</td><td>expected option lives ( in years )</td><td>7.8</td><td>7.8</td><td>5.0</td></tr></table> compensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . the related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively . seq 87 copyarea : 38 . x 54 . trimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\\\fc\\\\delivery_1024177\\\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) .\nQuestion: what was the change in the risk-free interest rate between 2004 and 2006?\nAnswer: 1.58\nQuestion: and the percentage change over this time?\nAnswer: 0.52318\nQuestion: what was the difference in the risk-free interest rate between 2005 and 2006?\n" }, { "role": "agent", "content": "0.41" } ]
CONVFINQA1038	[ { "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 a0ii item a05 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is listed on the new york stock exchange under the symbol 201ctfx . 201d as of february 19 , 2019 , we had 473 holders of record of our common stock . a substantially greater number of holders of our common stock are beneficial owners whose shares are held by brokers and other financial institutions for the accounts of beneficial owners . stock performance graph the following graph provides a comparison of five year cumulative total stockholder returns of teleflex common stock , the standard a0& poor 2019s ( s&p ) 500 stock index and the s&p 500 healthcare equipment & supply index . the annual changes for the five-year period shown on the graph are based on the assumption that $ 100 had been invested in teleflex common stock and each index on december a031 , 2013 and that all dividends were reinvested . market performance . <table class='wikitable'><tr><td>1</td><td>company / index</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>teleflex incorporated</td><td>100</td><td>124</td><td>143</td><td>177</td><td>275</td><td>288</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>114</td><td>115</td><td>129</td><td>157</td><td>150</td></tr><tr><td>4</td><td>s&p 500 healthcare equipment & supply index</td><td>100</td><td>126</td><td>134</td><td>142</td><td>186</td><td>213</td></tr></table> s&p 500 healthcare equipment & supply index 100 126 134 142 186 213 .\nQuestion: what was the performance price of the teleflex in 2014?\nAnswer: 124.0\nQuestion: and what was it in 2013?\nAnswer: 100.0\nQuestion: what was, then, the fluctuation over the year?\nAnswer: 24.0\nQuestion: and how much does this fluctuation represent in relation to the 2013 price?\n" }, { "role": "agent", "content": "0.24" } ]
CONVFINQA6456	[ { "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 management's financial discussion and analysis refer to 201cselected financial data - five-year comparison of entergy corporation and subsidiaries 201d which accompanies entergy corporation 2019s financial statements in this report for further information with respect to operating statistics . in november 2007 the board approved a plan to pursue a separation of entergy 2019s non-utility nuclear business from entergy through a spin-off of the business to entergy shareholders . in april 2010 , entergy announced that it planned to unwind the business infrastructure associated with the proposed spin-off transaction . as a result of the plan to unwind the business infrastructure , entergy recorded expenses in 2010 for the write-off of certain capitalized costs incurred in connection with the planned spin-off transaction . these costs are discussed in more detail below and throughout this section . net revenue utility 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>$ 4694</td></tr><tr><td>3</td><td>volume/weather</td><td>231</td></tr><tr><td>4</td><td>retail electric price</td><td>137</td></tr><tr><td>5</td><td>provision for regulatory proceedings</td><td>26</td></tr><tr><td>6</td><td>rough production cost equalization</td><td>19</td></tr><tr><td>7</td><td>ano decommissioning trust</td><td>-24 ( 24 )</td></tr><tr><td>8</td><td>fuel recovery</td><td>-44 ( 44 )</td></tr><tr><td>9</td><td>other</td><td>12</td></tr><tr><td>10</td><td>2010 net revenue</td><td>$ 5051</td></tr></table> the volume/weather variance is primarily due to an increase of 8362 gwh , or 8% ( 8 % ) , in billed electricity usage in all retail sectors , including the effect on the residential sector of colder weather in the first quarter 2010 compared to 2009 and warmer weather in the second and third quarters 2010 compared to 2009 . the industrial sector reflected strong sales growth on continuing signs of economic recovery . the improvement in this sector was primarily driven by inventory restocking and strong exports with the chemicals , refining , and miscellaneous manufacturing sectors leading the improvement . the retail electric price variance is primarily due to : increases in the formula rate plan riders at entergy gulf states louisiana effective november 2009 , january 2010 , and september 2010 , at entergy louisiana effective november 2009 , and at entergy mississippi effective july 2009 ; a base rate increase at entergy arkansas effective july 2010 ; rate actions at entergy texas , including base rate increases effective in may and august 2010 ; a formula rate plan provision of $ 16.6 million recorded in the third quarter 2009 for refunds that were made to customers in accordance with settlements approved by the lpsc ; and the recovery in 2009 by entergy arkansas of 2008 extraordinary storm costs , as approved by the apsc , which ceased in january 2010 . the recovery of storm costs is offset in other operation and maintenance expenses . see note 2 to the financial statements for further discussion of the proceedings referred to above. .\nQuestion: what was the net change in the amount of net revenue from 2009 to 2010?\n" }, { "role": "agent", "content": "357.0" } ]
CONVFINQA7248	[ { "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\ncelanese corporation and subsidiaries notes to consolidated financial statements ( continued ) 2022 amend certain material agreements governing bcp crystal 2019s indebtedness ; 2022 change the business conducted by celanese holdings and its subsidiaries ; and 2022 enter into hedging agreements that restrict dividends from subsidiaries . in addition , the senior credit facilities require bcp crystal to maintain the following financial covenants : a maximum total leverage ratio , a maximum bank debt leverage ratio , a minimum interest coverage ratio and maximum capital expenditures limitation . the maximum consolidated net bank debt to adjusted ebitda ratio , as defined , previously required under the senior credit facilities , was eliminated when the company amended the facilities in january 2005 . as of december 31 , 2005 , the company was in compliance with all of the financial covenants related to its debt agreements . the maturation of the company 2019s debt , including short term borrowings , is as follows : ( in $ millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>total ( in$ millions )</td></tr><tr><td>2</td><td>2006</td><td>155</td></tr><tr><td>3</td><td>2007</td><td>29</td></tr><tr><td>4</td><td>2008</td><td>22</td></tr><tr><td>5</td><td>2009</td><td>40</td></tr><tr><td>6</td><td>2010</td><td>28</td></tr><tr><td>7</td><td>thereafter ( 1 )</td><td>3163</td></tr><tr><td>8</td><td>total</td><td>3437</td></tr></table> ( 1 ) includes $ 2 million purchase accounting adjustment to assumed debt . 17 . benefit obligations pension obligations . pension obligations are established for benefits payable in the form of retirement , disability and surviving dependent pensions . the benefits offered vary according to the legal , fiscal and economic conditions of each country . the commitments result from participation in defined contribution and defined benefit plans , primarily in the u.s . benefits are dependent on years of service and the employee 2019s compensation . supplemental retirement benefits provided to certain employees are non-qualified for u.s . tax purposes . separate trusts have been established for some non-qualified plans . defined benefit pension plans exist at certain locations in north america and europe . as of december 31 , 2005 , the company 2019s u.s . qualified pension plan represented greater than 85% ( 85 % ) and 75% ( 75 % ) of celanese 2019s pension plan assets and liabilities , respectively . independent trusts or insurance companies administer the majority of these plans . actuarial valuations for these plans are prepared annually . the company sponsors various defined contribution plans in europe and north america covering certain employees . employees may contribute to these plans and the company will match these contributions in varying amounts . contributions to the defined contribution plans are based on specified percentages of employee contributions and they aggregated $ 12 million for the year ended decem- ber 31 , 2005 , $ 8 million for the nine months ended december 31 , 2004 , $ 3 million for the three months ended march 31 , 2004 and $ 11 million for the year ended december 31 , 2003 . in connection with the acquisition of cag , the purchaser agreed to pre-fund $ 463 million of certain pension obligations . during the nine months ended december 31 , 2004 , $ 409 million was pre-funded to the company 2019s pension plans . the company contributed an additional $ 54 million to the non-qualified pension plan 2019s rabbi trusts in february 2005 . in connection with the company 2019s acquisition of vinamul and acetex , the company assumed certain assets and obligations related to the acquired pension plans . the company recorded liabilities of $ 128 million for these pension plans . total pension assets acquired amounted to $ 85 million. .\nQuestion: what was the total amount of debt maturities from 2006 to 2010?\n" }, { "role": "agent", "content": "274.0" } ]
CONVFINQA11012	[ { "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\nfreesheet paper were higher in russia , but lower in europe reflecting weak economic conditions and market demand . average sales price realizations for pulp decreased . lower input costs for wood and purchased fiber were partially offset by higher costs for energy , chemicals and packaging . freight costs were also higher . planned maintenance downtime costs were higher due to executing a significant once-every-ten-years maintenance outage plus the regularly scheduled 18-month outage at the saillat mill while outage costs in russia and poland were lower . manufacturing operating costs were favor- entering 2013 , sales volumes in the first quarter are expected to be seasonally weaker in russia , but about flat in europe . average sales price realizations for uncoated freesheet paper are expected to decrease in europe , but increase in russia . input costs should be higher in russia , especially for wood and energy , but be slightly lower in europe . no maintenance outages are scheduled for the first quarter . ind ian papers includes the results of andhra pradesh paper mills ( appm ) of which a 75% ( 75 % ) interest was acquired on october 14 , 2011 . net sales were $ 185 million in 2012 and $ 35 million in 2011 . operat- ing profits were a loss of $ 16 million in 2012 and a loss of $ 3 million in 2011 . asian pr int ing papers net sales were $ 85 mil- lion in 2012 , $ 75 million in 2011 and $ 80 million in 2010 . operating profits were improved from break- even in past years to $ 1 million in 2012 . u.s . pulp net sales were $ 725 million in 2012 compared with $ 725 million in 2011 and $ 715 million in 2010 . operating profits were a loss of $ 59 million in 2012 compared with gains of $ 87 million in 2011 and $ 107 million in 2010 . sales volumes in 2012 increased from 2011 primarily due to the start-up of pulp production at the franklin mill in the third quarter of 2012 . average sales price realizations were significantly lower for both fluff pulp and market pulp . input costs were lower , primarily for wood and energy . freight costs were slightly lower . mill operating costs were unfavorable primarily due to costs associated with the start-up of the franklin mill . planned maintenance downtime costs were lower . in the first quarter of 2013 , sales volumes are expected to be flat with the fourth quarter of 2012 . average sales price realizations are expected to improve reflecting the realization of sales price increases for paper and tissue pulp that were announced in the fourth quarter of 2012 . input costs should be flat . planned maintenance downtime costs should be about $ 9 million higher than in the fourth quarter of 2012 . manufacturing costs related to the franklin mill should be lower as we continue to improve operations . consumer packaging demand and pricing for consumer packaging prod- ucts correlate closely with consumer spending and general economic activity . in addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix . consumer packaging net sales in 2012 decreased 15% ( 15 % ) from 2011 and 7% ( 7 % ) from 2010 . operating profits increased 64% ( 64 % ) from 2011 and 29% ( 29 % ) from 2010 . net sales and operating profits include the shorewood business in 2011 and 2010 . exclud- ing asset impairment and other charges associated with the sale of the shorewood business , and facility closure costs , 2012 operating profits were 27% ( 27 % ) lower than in 2011 , but 23% ( 23 % ) higher than in 2010 . benefits from lower raw material costs ( $ 22 million ) , lower maintenance outage costs ( $ 5 million ) and other items ( $ 2 million ) were more than offset by lower sales price realizations and an unfavorable product mix ( $ 66 million ) , lower sales volumes and increased market-related downtime ( $ 22 million ) , and higher operating costs ( $ 40 million ) . in addition , operating profits in 2012 included a gain of $ 3 million related to the sale of the shorewood business while operating profits in 2011 included a $ 129 million fixed asset impairment charge for the north ameri- can shorewood business and $ 72 million for other charges associated with the sale of the shorewood business . consumer packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 3170</td><td>$ 3710</td><td>$ 3400</td></tr><tr><td>3</td><td>operating profit</td><td>268</td><td>163</td><td>207</td></tr></table> north american consumer packaging net sales were $ 2.0 billion in 2012 compared with $ 2.5 billion in 2011 and $ 2.4 billion in 2010 . operating profits were $ 165 million ( $ 162 million excluding a gain related to the sale of the shorewood business ) in 2012 compared with $ 35 million ( $ 236 million excluding asset impairment and other charges asso- ciated with the sale of the shorewood business ) in 2011 and $ 97 million ( $ 105 million excluding facility closure costs ) in 2010 . coated paperboard sales volumes in 2012 were lower than in 2011 reflecting weaker market demand . average sales price realizations were lower , primar- ily for folding carton board . input costs for wood increased , but were partially offset by lower costs for chemicals and energy . planned maintenance down- time costs were slightly lower . market-related down- time was about 113000 tons in 2012 compared with about 38000 tons in 2011. .\nQuestion: what is the sum of net sales in 2012 and 2011?\nAnswer: 220.0\nQuestion: what is that divided by 2?\n" }, { "role": "agent", "content": "110.0" } ]
CONVFINQA700	[ { "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 september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .\nQuestion: what was the value of unrecognized tax benefits in 2007?\n" }, { "role": "agent", "content": "135.2" } ]
CONVFINQA6241	[ { "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\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2012 in the standard & poor 2019s 500 index , the dow jones transportation average and our class b common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2012</td><td>12/31/2013</td><td>12/31/2014</td><td>12/31/2015</td><td>12/31/2016</td><td>12/31/2017</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 146.54</td><td>$ 159.23</td><td>$ 148.89</td><td>$ 182.70</td><td>$ 195.75</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 132.38</td><td>$ 150.49</td><td>$ 152.55</td><td>$ 170.79</td><td>$ 208.06</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 141.38</td><td>$ 176.83</td><td>$ 147.19</td><td>$ 179.37</td><td>$ 213.49</td></tr></table> .\nQuestion: what is the change in value of an investment in ups from 2012 to 2017?\nAnswer: 95.75\nQuestion: what percentage changes does this represent?\nAnswer: 0.9575\nQuestion: what is the change in value of an investment in dow jones from 2012 to 2017?\nAnswer: 113.49\nQuestion: what percentage changes does this represent?\n" }, { "role": "agent", "content": "1.1349" } ]
CONVFINQA8967	[ { "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\nd u k e r e a l t y c o r p o r a t i o n 2 8 2 0 0 2 a n n u a l r e p o r t notes to consolidated financial statements the company recognizes income on long-term construction contracts where the company serves as a general contractor on the percentage of completion method . using this method , profits are recorded on the basis of the company 2019s estimates of the percentage of completion of individual contracts , commencing when progress reaches a point where experience is sufficient to estimate final results with reasonable accuracy . that portion of the estimated earnings is accrued on the basis of the company 2019s estimates of the percentage of completion based on contract expenditures incurred and work performed . property sales gains from sales of depreciated property are recognized in accordance with statement of financial accounting standards ( 201csfas 201d ) no . 66 , and are included in earnings from sales of land and depreciable property dispositions , net of impairment adjustment , in the statement of operations if identified as held for sale prior to adoption of sfas 144 and in discontinued operations if identified as held for sale after adoption of sfas 144 . gains or losses from the sale of property which is considered held for sale in dclp are recognized in accordance with sfas 66 and are included in construction management and development activity income in the statement of operations . net income per common share basic net income per common share is computed by dividing net income available for common shares by the weighted average number of common shares outstanding for the period . diluted net income per share is computed by dividing the sum of net income available for common shares and minority interest in earnings of unitholders , by the sum of the weighted average number of common shares and units outstanding and dilutive potential common shares for the period . the following table reconciles the components of basic and diluted net income per share ( in thousands ) : the series d convertible preferred stock and the series g convertible preferred limited partner units were anti-dilutive for the years ended december 31 , 2002 , 2001 and 2000 ; therefore , no conversion to common shares is included in weighted dilutive potential common shares . in september 2002 , the company redeemed the series g convertible preferred units at their par value of $ 35.0 million . a joint venture partner in one of the company 2019s unconsolidated companies has the option to convert a portion of its ownership to company common shares ( see discussion in investments in unconsolidated companies section ) . the effect of the option on earnings per share was dilutive for the year ended december 31 , 2001 ; therefore , conversion to common shares is included in weighted dilutive potential common shares . federal income taxes the company has elected to be taxed as a real estate investment trust ( 201creit 201d ) under the internal revenue code . to qualify as a reit , the company must meet a number of organizational and operational requirements , including a requirement that it currently distribute at least 90% ( 90 % ) of its taxable income to its stockholders . management intends to continue to adhere to these requirements and to maintain the company 2019s reit status . as a reit , the company is entitled to a tax deduction for some or all of the dividends it pays to its shareholders . accordingly , the company generally will not be subject to federal income taxes as long as it distributes an amount equal to or in excess of its taxable income currently to its stockholders . a reit generally is subject to federal income taxes on any taxable income that is not currently distributed to its shareholders . if the company fails to qualify as a reit in any taxable year , it will be subject to federal income taxes and may not be able to qualify as a reit for four subsequent taxable years . reit qualification reduces , but does not eliminate , the amount of state and local taxes paid by the company . in addition , the company 2019s financial statements include the operations of taxable corporate subsidiaries that are not entitled to a dividends paid deduction and are subject to corporate federal , state and local income taxes . as a reit , the company may also be subject to certain federal excise taxes if it engages in certain types of transactions. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>basic net income available for common shares</td><td>$ 161272</td><td>$ 229967</td><td>$ 212958</td></tr><tr><td>3</td><td>joint venture partner convertible ownership net income</td><td>2014</td><td>3423</td><td>2014</td></tr><tr><td>4</td><td>minority interest in earnings of common unitholders</td><td>18568</td><td>32463</td><td>32071</td></tr><tr><td>5</td><td>diluted net income available for common shares and dilutive potential common shares</td><td>$ 179840</td><td>$ 265853</td><td>$ 245029</td></tr><tr><td>6</td><td>weighted average number of common shares outstanding</td><td>133981</td><td>129660</td><td>126836</td></tr><tr><td>7</td><td>weighted average partnership units outstanding</td><td>15442</td><td>18301</td><td>19070</td></tr><tr><td>8</td><td>joint venture partner convertible ownership common share equivalents</td><td>2014</td><td>2092</td><td>2014</td></tr><tr><td>9</td><td>dilutive shares for stock-based compensation plans</td><td>1416</td><td>1657</td><td>1535</td></tr><tr><td>10</td><td>weighted average number of common shares and dilutive potential common shares</td><td>150839</td><td>151710</td><td>147441</td></tr></table> .\nQuestion: what was the total basic net income for 2001 and 2002?\nAnswer: 391239.0\nQuestion: and including 2000?\n" }, { "role": "agent", "content": "604197.0" } ]
CONVFINQA7631	[ { "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./2018 form 10-k 41 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 equity benchmark in the united states of america ( 201cu.s . 201d ) , 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 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 . <table class='wikitable'><tr><td>1</td><td>december 31 ( in dollars )</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>jpmorgan chase</td><td>$ 100.00</td><td>$ 109.88</td><td>$ 119.07</td><td>$ 160.23</td><td>$ 203.07</td><td>$ 189.57</td></tr><tr><td>3</td><td>kbw bank index</td><td>100.00</td><td>109.36</td><td>109.90</td><td>141.23</td><td>167.49</td><td>137.82</td></tr><tr><td>4</td><td>s&p financial index</td><td>100.00</td><td>115.18</td><td>113.38</td><td>139.17</td><td>169.98</td><td>147.82</td></tr><tr><td>5</td><td>s&p 500 index</td><td>100.00</td><td>113.68</td><td>115.24</td><td>129.02</td><td>157.17</td><td>150.27</td></tr></table> december 31 , ( in dollars ) .\nQuestion: what was the proportion of the price of jpmorgan chase in 2018 to 2017?\nAnswer: 0.93352\nQuestion: and subtracted from 1?\nAnswer: 0.06648\nQuestion: and the proportion of the s&p 500 index price in 2018 to 2017?\nAnswer: 0.9561\nQuestion: and subtracted from 1?\nAnswer: 0.0439\nQuestion: so what was the estimated variation between the percentual decrease of these two securities?\n" }, { "role": "agent", "content": "0.02258" } ]
CONVFINQA7493	[ { "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\n13 . rentals and leases the company leases sales and administrative office facilities , distribution centers , research and manufacturing facilities , as well as vehicles and other equipment under operating leases . total rental expense under the company 2019s operating leases was $ 239 million in 2017 and $ 221 million in both 2016 and 2015 . as of december 31 , 2017 , identifiable future minimum payments with non-cancelable terms in excess of one year were : ( millions ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 131</td></tr><tr><td>2</td><td>2019</td><td>115</td></tr><tr><td>3</td><td>2020</td><td>96</td></tr><tr><td>4</td><td>2021</td><td>86</td></tr><tr><td>5</td><td>2022</td><td>74</td></tr><tr><td>6</td><td>thereafter</td><td>115</td></tr><tr><td>7</td><td>total</td><td>$ 617</td></tr></table> the company enters into operating leases for vehicles whose non-cancelable terms are one year or less in duration with month-to-month renewal options . these leases have been excluded from the table above . the company estimates payments under such leases will approximate $ 62 million in 2018 . these vehicle leases have guaranteed residual values that have historically been satisfied by the proceeds on the sale of the vehicles . 14 . research and development expenditures research expenditures that relate to the development of new products and processes , including significant improvements and refinements to existing products , are expensed as incurred . such costs were $ 201 million in 2017 , $ 189 million in 2016 and $ 191 million in 2015 . the company did not participate in any material customer sponsored research during 2017 , 2016 or 2015 . 15 . commitments and contingencies the company is subject to various claims and contingencies related to , among other things , workers 2019 compensation , general liability ( including product liability ) , automobile claims , health care claims , environmental matters and lawsuits . the company is also subject to various claims and contingencies related to income taxes , which are discussed in note 12 . the company also has contractual obligations including lease commitments , which are discussed in note 13 . the company records liabilities where a contingent loss is probable and can be reasonably estimated . if the reasonable estimate of a probable loss is a range , the company records the most probable estimate of the loss or the minimum amount when no amount within the range is a better estimate than any other amount . the company discloses a contingent liability even if the liability is not probable or the amount is not estimable , or both , if there is a reasonable possibility that a material loss may have been incurred . insurance globally , the company has insurance policies with varying deductibility levels for property and casualty losses . the company is insured for losses in excess of these deductibles , subject to policy terms and conditions and has recorded both a liability and an offsetting receivable for amounts in excess of these deductibles . the company is self-insured for health care claims for eligible participating employees , subject to certain deductibles and limitations . the company determines its liabilities for claims on an actuarial basis . litigation and environmental matters the company and certain subsidiaries are party to various lawsuits , claims and environmental actions that have arisen in the ordinary course of business . these include from time to time antitrust , commercial , patent infringement , product liability and wage hour lawsuits , as well as possible obligations to investigate and mitigate the effects on the environment of the disposal or release of certain chemical substances at various sites , such as superfund sites and other operating or closed facilities . the company has established accruals for certain lawsuits , claims and environmental matters . the company currently believes that there is not a reasonably possible risk of material loss in excess of the amounts accrued related to these legal matters . because litigation is inherently uncertain , and unfavorable rulings or developments could occur , there can be no certainty that the company may not ultimately incur charges in excess of recorded liabilities . a future adverse ruling , settlement or unfavorable development could result in future charges that could have a material adverse effect on the company 2019s results of operations or cash flows in the period in which they are recorded . the company currently believes that such future charges related to suits and legal claims , if any , would not have a material adverse effect on the company 2019s consolidated financial position . environmental matters the company is currently participating in environmental assessments and remediation at approximately 45 locations , the majority of which are in the u.s. , and environmental liabilities have been accrued reflecting management 2019s best estimate of future costs . potential insurance reimbursements are not anticipated in the company 2019s accruals for environmental liabilities. .\nQuestion: what were the r&d costs in 2016?\nAnswer: 189.0\nQuestion: what were the r&d costs in 2015?\nAnswer: 191.0\nQuestion: what is the net difference?\nAnswer: -2.0\nQuestion: what were the r&d costs in 2015?\n" }, { "role": "agent", "content": "191.0" } ]
CONVFINQA891	[ { "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 7 until maturity , effectively making this a us dollar denominated debt on which schlumberger will pay interest in us dollars at a rate of 4.74% ( 4.74 % ) . the proceeds from these notes were used to repay commercial paper borrowings . 0160 on april 20 , 2006 , the schlumberger board of directors approved a share repurchase program of up to 40 million shares of common stock to be acquired in the open market before april 2010 , subject to market conditions . this program was completed during the second quarter of 2008 . on april 17 , 2008 , the schlumberger board of directors approved an $ 8 billion share repurchase program for shares of schlumberger common stock , to be acquired in the open market before december 31 , 2011 , of which $ 1.43 billion had been repurchased as of december 31 , 2009 . the following table summarizes the activity under these share repurchase programs during 2009 , 2008 and ( stated in thousands except per share amounts and prices ) total cost of shares purchased total number of shares purchased average price paid per share . <table class='wikitable'><tr><td>1</td><td>-</td><td>total cost of shares purchased</td><td>total number of shares purchased</td><td>average price paid per share</td></tr><tr><td>2</td><td>2009</td><td>$ 500097</td><td>7825.0</td><td>$ 63.91</td></tr><tr><td>3</td><td>2008</td><td>$ 1818841</td><td>21064.7</td><td>$ 86.35</td></tr><tr><td>4</td><td>2007</td><td>$ 1355000</td><td>16336.1</td><td>$ 82.95</td></tr></table> 0160 cash flow provided by operations was $ 5.3 billion in 2009 , $ 6.9 billion in 2008 and $ 6.3 billion in 2007 . the decline in cash flow from operations in 2009 as compared to 2008 was primarily driven by the decrease in net income experienced in 2009 and the significant pension plan contributions made during 2009 , offset by an improvement in working capital requirements . the improvement in 2008 as compared to 2007 was driven by the net income increase experienced in 2008 offset by required investments in working capital . the reduction in cash flows experienced by some of schlumberger 2019s customers as a result of global economic conditions could have significant adverse effects on their financial condition . this could result in , among other things , delay in , or nonpayment of , amounts that are owed to schlumberger , which could have a material adverse effect on schlumberger 2019s results of operations and cash flows . at times in recent quarters , schlumberger has experienced delays in payments from certain of its customers . schlumberger operates in approximately 80 countries . at december 31 , 2009 , only three of those countries individually accounted for greater than 5% ( 5 % ) of schlumberger 2019s accounts receivable balance of which only one represented greater than 0160 during 2008 and 2007 , schlumberger announced that its board of directors had approved increases in the quarterly dividend of 20% ( 20 % ) and 40% ( 40 % ) , respectively . total dividends paid during 2009 , 2008 and 2007 were $ 1.0 billion , $ 964 million and $ 771 million , respectively . 0160 capital expenditures were $ 2.4 billion in 2009 , $ 3.7 billion in 2008 and $ 2.9 billion in 2007 . capital expenditures in 2008 and 2007 reflected the record activity levels experienced in those years . the decrease in capital expenditures in 2009 as compared to 2008 is primarily due to the significant activity decline during 2009 . oilfield services capital expenditures are expected to approach $ 2.4 billion for the full year 2010 as compared to $ 1.9 billion in 2009 and $ 3.0 billion in 2008 . westerngeco capital expenditures are expected to approach $ 0.3 billion for the full year 2010 as compared to $ 0.5 billion in 2009 and $ 0.7 billion in 2008. .\nQuestion: what was the average price paid per share in the year of 2009?\nAnswer: 63.91\nQuestion: and what was that in 2007?\nAnswer: 82.95\nQuestion: what was, then, the change in average price paid per share from 2007 to 2009?\n" }, { "role": "agent", "content": "-19.04" } ]
CONVFINQA4479	[ { "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 management's financial discussion and analysis annually , beginning in 2006 , if power market prices drop below the ppa prices . accordingly , because the price is not fixed , the table above does not report power from that plant as sold forward after 2005 . under the ppas with nypa for the output of power from indian point 3 and fitzpatrick , the non-utility nuclear business is obligated to produce at an average capacity factor of 85% ( 85 % ) with a financial true-up payment to nypa should nypa's cost to purchase power due to an output shortfall be higher than the ppas' price . the calculation of any true-up payments is based on two two-year periods . for the first period , which ran through november 20 , 2002 , indian point 3 and fitzpatrick operated at 95% ( 95 % ) and 97% ( 97 % ) , respectively , under the true-up formula . credits of up to 5% ( 5 % ) reflecting period one generation above 85% ( 85 % ) can be used to offset any output shortfalls in the second period , which runs through the end of the ppas on december 31 , 2004 . entergy continually monitors industry trends in order to determine whether asset impairments or other losses could result from a decline in value , or cancellation , of merchant power projects , and records provisions for impairments and losses accordingly . marketing and trading the earnings of entergy's energy commodity services segment are exposed to commodity price market risks primarily through entergy's 50%-owned , unconsolidated investment in entergy-koch . entergy-koch trading ( ekt ) uses value-at-risk models as one measure of the market risk of a loss in fair value for ekt's natural gas and power trading portfolio . actual future gains and losses in portfolios will differ from those estimated based upon actual fluctuations in market rates , operating exposures , and the timing thereof , and changes in the portfolio of derivative financial instruments during the year . to manage its portfolio , ekt enters into various derivative and contractual transactions in accordance with the policy approved by the trading committee of the governing board of entergy-koch . the trading portfolio consists of physical and financial natural gas and power as well as other energy and weather-related contracts . these contracts take many forms , including futures , forwards , swaps , and options . characteristics of ekt's value-at-risk method and the use of that method are as follows : fffd value-at-risk is used in conjunction with stress testing , position reporting , and profit and loss reporting in order to measure and control the risk inherent in the trading and mark-to-market portfolios . fffd ekt estimates its value-at-risk using a model based on j.p . morgan's risk metrics methodology combined with a monte carlo simulation approach . fffd ekt estimates its daily value-at-risk for natural gas and power using a 97.5% ( 97.5 % ) confidence level . ekt's daily value-at-risk is a measure that indicates that , if prices moved against the positions , the loss in neutralizing the portfolio would not be expected to exceed the calculated value-at-risk . fffd ekt seeks to limit the daily value-at-risk on any given day to a certain dollar amount approved by the trading committee . ekt's value-at-risk measures , which it calls daily earnings at risk ( de@r ) , for its trading portfolio were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td></tr><tr><td>2</td><td>de@r at end of period</td><td>$ 15.2 million</td><td>$ 5.5 million</td></tr><tr><td>3</td><td>average de@r for the period</td><td>$ 10.8 million</td><td>$ 6.4 million</td></tr></table> ekt's de@r increased in 2002 compared to 2001 as a result of an increase in the size of the position held and an increase in the volatility of natural gas prices in the latter part of the year . for all derivative and contractual transactions , ekt is exposed to losses in the event of nonperformance by counterparties to these transactions . relevant considerations when assessing ekt's credit risk exposure include: .\nQuestion: what was the total of daily earnings at risk at the end of the period in 2002?\n" }, { "role": "agent", "content": "15.2" } ]
CONVFINQA10680	[ { "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\n31 , 2015 , the price was r$ 218/mwh . after the expiration of contract with eletropaulo , tiet ea's strategy is to contract most of its physical guarantee , as described in regulatory framework section below , and sell the remaining portion in the spot market . tiet ea's strategy is reassessed from time to time according to changes in market conditions , hydrology and other factors . tiet ea has been continuously selling its available energy from 2016 forward through medium-term bilateral contracts of three to five years . as of december 31 , 2016 , tiet ea's contracted portfolio position is 95% ( 95 % ) and 88% ( 88 % ) with average prices of r$ 157/ mwh and r$ 159/mwh ( inflation adjusted until december 2016 ) for 2016 and 2017 , respectively . as brazil is mostly a hydro-based country with energy prices highly tied to the hydrological situation , the deterioration of the hydrology since the beginning of 2014 caused an increase in energy prices going forward . tiet ea is closely monitoring and analyzing system supply conditions to support energy commercialization decisions . under the concession agreement , tiet ea has an obligation to increase its capacity by 15% ( 15 % ) . tiet ea , as well as other concession generators , have not yet met this requirement due to regulatory , environmental , hydrological and fuel constraints . the state of s e3o paulo does not have a sufficient potential for wind power and only has a small remaining potential for hydro projects . as such , the capacity increases in the state will mostly be derived from thermal gas capacity projects . due to the highly complex process to obtain an environmental license for coal projects , tiet ea decided to fulfill its obligation with gas-fired projects in line with the federal government plans . petrobras refuses to supply natural gas and to offer capacity in its pipelines and regasification terminals . therefore , there are no regulations for natural gas swaps in place , and it is unfeasible to bring natural gas to aes tiet ea . a legal case has been initiated by the state of s e3o paulo requiring the investment to be performed . tiet ea is in the process of analyzing options to meet the obligation . uruguaiana is a 640 mw gas-fired combined cycle power plant located in the town of uruguaiana in the state of rio grande do sul , commissioned in december 2000 . aes manages and has a 46% ( 46 % ) economic interest in the plant with the remaining interest held by bndes . the plant's operations were suspended in april 2009 due to the unavailability of gas . aes has evaluated several alternatives to bring gas supply on a competitive basis to uruguaiana . one of the challenges is the capacity restrictions on the argentinean pipeline , especially during the winter season when gas demand in argentina is very high . the plant operated on a short-term basis during february and march 2013 , march through may 2014 , and february through may 2015 due to the short-term supply of lng for the facility . the plant did not operate in 2016 . uruguaiana continues to work toward securing gas on a long-term basis . market structure 2014 brazil has installed capacity of 150136 mw , which is 65% ( 65 % ) hydroelectric , 19% ( 19 % ) thermal and 16% ( 16 % ) renewable ( biomass and wind ) . brazil's national grid is divided into four subsystems . tiet ea is in the southeast and uruguaiana is in the south subsystems of the national grid . regulatory framework 2014 in brazil , the ministry of mines and energy determines the maximum amount of energy that a plant can sell , called physical guarantee , which represents the long-term average expected energy production of the plant . under current rules , physical guarantee can be sold to distribution companies through long- term regulated auctions or under unregulated bilateral contracts with large consumers or energy trading companies . the national system operator ( \"ons\" ) is responsible for coordinating and controlling the operation of the national grid . the ons dispatches generators based on hydrological conditions , reservoir levels , electricity demand and the prices of fuel and thermal generation . given the importance of hydro generation in the country , the ons sometimes reduces dispatch of hydro facilities and increases dispatch of thermal facilities to protect reservoir levels in the system . in brazil , the system operator controls all hydroelectric generation dispatch and reservoir levels . a mechanism known as the energy reallocation mechanism ( \"mre\" ) was created to share hydrological risk across mre hydro generators . if the hydro plants generate less than the total mre physical guarantee , the hydro generators may need to purchase energy in the short-term market to fulfill their contract obligations . when total hydro generation is higher than the total mre physical guarantee , the surplus is proportionally shared among its participants and they are able to make extra revenue selling the excess energy on the spot market . the consequences of unfavorable hydrology are ( i ) thermal plants more expensive to the system being dispatched , ( ii ) lower hydropower generation with deficits in the mre and ( iii ) high spot prices . aneel defines the spot price cap for electricity in the brazilian market . the spot price caps as defined by aneel and average spot prices by calendar year are as follows ( r$ / . <table class='wikitable'><tr><td>1</td><td>year</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>spot price cap as defined by aneel</td><td>534</td><td>423</td><td>388</td><td>822</td></tr><tr><td>3</td><td>average spot rate</td><td>-</td><td>94</td><td>287</td><td>689</td></tr></table> .\nQuestion: what is the average spot rate in 2015?\n" }, { "role": "agent", "content": "287.0" } ]
CONVFINQA6083	[ { "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\n74 2012 ppg annual report and form 10-k 25 . separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) . pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf . the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions . the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) . ppg holds no ownership interest in axiall . ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders . under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer . following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock . accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange . ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) . under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above . the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment . in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall . ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business . the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction . during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction . additional transaction-related expenses will be incurred in 2013 . ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 . in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations . the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . <table class='wikitable'><tr><td>1</td><td>millions</td><td>year-ended 2012</td><td>year-ended 2011</td><td>year-ended 2010</td></tr><tr><td>2</td><td>net sales</td><td>$ 1700</td><td>$ 1741</td><td>$ 1441</td></tr><tr><td>3</td><td>income before income taxes</td><td>$ 368</td><td>$ 376</td><td>$ 187</td></tr></table> income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods . these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting . table of contents notes to the consolidated financial statements .\nQuestion: what was the net change in value of net sales of the commodity chemicals business that will be reclassified and reported as discontinued operations from 2010 to 2011?\n" }, { "role": "agent", "content": "300.0" } ]
CONVFINQA183	[ { "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\nmill in the fourth quarter of 2008 . this compares with 635000 tons of total downtime in 2008 of which 305000 tons were lack-of-order downtime . printing papers in millions 2009 2008 2007 . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>sales</td><td>$ 5680</td><td>$ 6810</td><td>$ 6530</td></tr><tr><td>3</td><td>operating profit</td><td>1091</td><td>474</td><td>839</td></tr></table> north american printing papers net sales in 2009 were $ 2.8 billion compared with $ 3.4 billion in 2008 and $ 3.5 billion in 2007 . operating earnings in 2009 were $ 746 million ( $ 307 million excluding alter- native fuel mixture credits and plant closure costs ) compared with $ 405 million ( $ 435 million excluding shutdown costs for a paper machine ) in 2008 and $ 415 million in 2007 . sales volumes decreased sig- nificantly in 2009 compared with 2008 reflecting weak customer demand and reduced production capacity resulting from the shutdown of a paper machine at the franklin mill in december 2008 and the conversion of the bastrop mill to pulp production in june 2008 . average sales price realizations were lower reflecting slight declines for uncoated freesheet paper in domestic markets and significant declines in export markets . margins were also unfavorably affected by a higher proportion of shipments to lower-margin export markets . input costs , however , were favorable due to lower wood and chemical costs and sig- nificantly lower energy costs . freight costs were also lower . planned maintenance downtime costs in 2009 were comparable with 2008 . operating costs were favorable , reflecting cost control efforts and strong machine performance . lack-of-order downtime increased to 525000 tons in 2009 , including 120000 tons related to the shutdown of a paper machine at our franklin mill in the 2008 fourth quarter , from 135000 tons in 2008 . operating earnings in 2009 included $ 671 million of alternative fuel mixture cred- its , $ 223 million of costs associated with the shutdown of our franklin mill and $ 9 million of other shutdown costs , while operating earnings in 2008 included $ 30 million of costs for the shutdown of a paper machine at our franklin mill . looking ahead to 2010 , first-quarter sales volumes are expected to increase slightly from fourth-quarter 2009 levels . average sales price realizations should be higher , reflecting the full-quarter impact of sales price increases announced in the fourth quarter for converting and envelope grades of uncoated free- sheet paper and an increase in prices to export markets . however , input costs for wood , energy and chemicals are expected to continue to increase . planned maintenance downtime costs should be lower and operating costs should be favorable . brazil ian papers net sales for 2009 of $ 960 mil- lion increased from $ 950 million in 2008 and $ 850 million in 2007 . operating profits for 2009 were $ 112 million compared with $ 186 million in 2008 and $ 174 million in 2007 . sales volumes increased in 2009 compared with 2008 for both paper and pulp reflect- ing higher export shipments . average sales price realizations were lower due to strong competitive pressures in the brazilian domestic market in the second half of the year , lower export prices and unfavorable foreign exchange rates . margins were unfavorably affected by a higher proportion of lower margin export sales . input costs for wood and chem- icals were favorable , but these benefits were partially offset by higher energy costs . planned maintenance downtime costs were lower , and operating costs were also favorable . earnings in 2009 were adversely impacted by unfavorable foreign exchange effects . entering 2010 , sales volumes are expected to be seasonally lower compared with the fourth quarter of 2009 . profit margins are expected to be slightly higher reflecting a more favorable geographic sales mix and improving sales price realizations in export markets , partially offset by higher planned main- tenance outage costs . european papers net sales in 2009 were $ 1.3 bil- lion compared with $ 1.7 billion in 2008 and $ 1.5 bil- lion in 2007 . operating profits in 2009 of $ 92 million ( $ 115 million excluding expenses associated with the closure of the inverurie mill ) compared with $ 39 mil- lion ( $ 146 million excluding a charge to reduce the carrying value of the fixed assets at the inverurie , scotland mill to their estimated realizable value ) in 2008 and $ 171 million in 2007 . sales volumes in 2009 were lower than in 2008 primarily due to reduced sales of uncoated freesheet paper following the closure of the inverurie mill in 2009 . average sales price realizations decreased significantly in 2009 across most of western europe , but margins increased in poland and russia reflecting the effect of local currency devaluations . input costs were favorable as lower wood costs , particularly in russia , were only partially offset by higher energy costs in poland and higher chemical costs . planned main- tenance downtime costs were higher in 2009 than in 2008 , while manufacturing operating costs were lower . operating profits in 2009 also reflect favorable foreign exchange impacts . looking ahead to 2010 , sales volumes are expected to decline from strong 2009 fourth-quarter levels despite solid customer demand . average sales price realizations are expected to increase over the quar- ter , primarily in eastern europe , as price increases .\nQuestion: what was the north american printing papers net sales in 2009?\nAnswer: 2.8\nQuestion: and converted to the thousands?\nAnswer: 2800.0\nQuestion: and as a percentage of the total printing paper sales during that year?\n" }, { "role": "agent", "content": "0.49296" } ]
CONVFINQA3215	[ { "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 . junior subordinated debt securities payable in accordance with the provisions of the junior subordinated debt securities which were issued on march 29 , 2004 , holdings elected to redeem the $ 329897 thousand of 6.2% ( 6.2 % ) junior subordinated debt securities outstanding on may 24 , 2013 . as a result of the early redemption , the company incurred pre-tax expense of $ 7282 thousand related to the immediate amortization of the remaining capitalized issuance costs on the trust preferred securities . interest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>interest expense incurred</td><td>$ -</td><td>$ 8181</td><td>$ 20454</td></tr></table> holdings considered the mechanisms and obligations relating to the trust preferred securities , taken together , constituted a full and unconditional guarantee by holdings of capital trust ii 2019s payment obligations with respect to their trust preferred securities . 10 . reinsurance and trust agreements certain subsidiaries of group have established trust agreements , which effectively use the company 2019s investments as collateral , as security for assumed losses payable to certain non-affiliated ceding companies . at december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand . on april 24 , 2014 , the company entered into two collateralized reinsurance agreements with kilimanjaro re limited ( 201ckilimanjaro 201d ) , a bermuda based special purpose reinsurer , to provide the company with catastrophe reinsurance coverage . these agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events . the first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states . the second agreement provides up to $ 200000 thousand of reinsurance coverage from named storms in specified states of the southeast , mid-atlantic and northeast regions of the united states and puerto rico as well as reinsurance coverage from earthquakes in specified states of the southeast , mid-atlantic , northeast and west regions of the united states , puerto rico and british columbia . on november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage . this agreement is a multi-year reinsurance contract which covers specified earthquake events . the agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada . kilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors . on april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) . on november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) . the proceeds from the issuance of the series 2014-1 notes and the series 2014-2 notes are held in reinsurance trust throughout the duration of the applicable reinsurance agreements and invested solely in us government money market funds with a rating of at least 201caaam 201d by standard & poor 2019s. .\nQuestion: what was the interest expense in 2013, in thousands of dollars?\nAnswer: 8181.0\nQuestion: and what was it in 2012, also in thousands of dollars?\nAnswer: 20454.0\nQuestion: what was, then, the change in interest expense over the year?\n" }, { "role": "agent", "content": "-12273.0" } ]
CONVFINQA5141	[ { "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./2018 form 10-k 41 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 equity benchmark in the united states of america ( 201cu.s . 201d ) , 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 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 . <table class='wikitable'><tr><td>1</td><td>december 31 ( in dollars )</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>jpmorgan chase</td><td>$ 100.00</td><td>$ 109.88</td><td>$ 119.07</td><td>$ 160.23</td><td>$ 203.07</td><td>$ 189.57</td></tr><tr><td>3</td><td>kbw bank index</td><td>100.00</td><td>109.36</td><td>109.90</td><td>141.23</td><td>167.49</td><td>137.82</td></tr><tr><td>4</td><td>s&p financial index</td><td>100.00</td><td>115.18</td><td>113.38</td><td>139.17</td><td>169.98</td><td>147.82</td></tr><tr><td>5</td><td>s&p 500 index</td><td>100.00</td><td>113.68</td><td>115.24</td><td>129.02</td><td>157.17</td><td>150.27</td></tr></table> december 31 , ( in dollars ) .\nQuestion: in 2017, what was the performance price of the jpmorgan chase?\nAnswer: 203.07\nQuestion: and what was it for the kbw bank index?\nAnswer: 167.49\nQuestion: how much, then, did the jpmorgan performance represent in relation to this kbw bank index one?\n" }, { "role": "agent", "content": "1.21243" } ]
CONVFINQA5683	[ { "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 notes to consolidated financial statements capital lease obligations we have certain property , plant and equipment subject to capital leases . some of the obligations associated with these capital leases have been legally defeased . the recorded value of our property , plant and equipment subject to capital leases is as follows as of december 31 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>vehicles</td><td>$ 74</td><td>$ 86</td></tr><tr><td>3</td><td>aircraft</td><td>2289</td><td>2289</td></tr><tr><td>4</td><td>buildings</td><td>207</td><td>197</td></tr><tr><td>5</td><td>accumulated amortization</td><td>-849 ( 849 )</td><td>-781 ( 781 )</td></tr><tr><td>6</td><td>property plant and equipment subject to capital leases</td><td>$ 1721</td><td>$ 1791</td></tr></table> these capital lease obligations have principal payments due at various dates from 2016 through 3005 . facility notes and bonds we have entered into agreements with certain municipalities to finance the construction of , or improvements to , facilities that support our u.s . domestic package and supply chain & freight operations in the united states . these facilities are located around airport properties in louisville , kentucky ; dallas , texas ; and philadelphia , pennsylvania . under these arrangements , we enter into a lease or loan agreement that covers the debt service obligations on the bonds issued by the municipalities , as follows : 2022 bonds with a principal balance of $ 149 million issued by the louisville regional airport authority associated with our worldport facility in louisville , kentucky . the bonds , which are due in january 2029 , bear interest at a variable rate , and the average interest rates for 2015 and 2014 were 0.03% ( 0.03 % ) and 0.05% ( 0.05 % ) , respectively . 2022 bonds with a principal balance of $ 42 million and due in november 2036 issued by the louisville regional airport authority associated with our air freight facility in louisville , kentucky . the bonds bear interest at a variable rate , and the average interest rates for 2015 and 2014 were 0.02% ( 0.02 % ) and 0.05% ( 0.05 % ) , respectively . 2022 bonds with a principal balance of $ 29 million issued by the dallas / fort worth international airport facility improvement corporation associated with our dallas , texas airport facilities . the bonds are due in may 2032 and bear interest at a variable rate , however the variable cash flows on the obligation have been swapped to a fixed 5.11% ( 5.11 % ) . 2022 bonds with a principal balance of $ 100 million issued by the delaware county , pennsylvania industrial development authority associated with our philadelphia , pennsylvania airport facilities . the bonds , which were due in december 2015 , had a variable interest rate , and the average interest rates for 2015 and 2014 were 0.02% ( 0.02 % ) and 0.04% ( 0.04 % ) , respectively . as of december 2015 , these $ 100 million bonds were repaid in full . 2022 in september 2015 , we entered into an agreement with the delaware county , pennsylvania industrial development authority , associated with our philadelphia , pennsylvania airport facilities , for bonds issued with a principal balance of $ 100 million . these bonds , which are due september 2045 , bear interest at a variable rate . the average interest rate for 2015 was 0.00% ( 0.00 % ) . pound sterling notes the pound sterling notes consist of two separate tranches , as follows : 2022 notes with a principal amount of a366 million accrue interest at a 5.50% ( 5.50 % ) fixed rate , and are due in february 2031 . these notes are not callable . 2022 notes with a principal amount of a3455 million accrue interest at a 5.125% ( 5.125 % ) fixed rate , and are due in february 2050 . these notes are callable at our option at a redemption price equal to the greater of 100% ( 100 % ) of the principal amount and accrued interest , or the sum of the present values of the remaining scheduled payout of principal and interest thereon discounted to the date of redemption at a benchmark u.k . government bond yield plus 15 basis points and accrued interest. .\nQuestion: what is the net change in property plant and equipment subject to capital leases from 2014 to 2015?\nAnswer: -70.0\nQuestion: what is the balance of capital lease related to aircrafts in 2015?\nAnswer: 2289.0\nQuestion: what about in 2014?\n" }, { "role": "agent", "content": "2289.0" } ]
CONVFINQA8738	[ { "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 and customer purchase orders are generally used to determine the existence of an arrangement . shipping documents are used to verify delivery . the company assesses whether the selling price is fixed or determinable based upon the payment terms associated with the transaction and whether the sales price is subject to refund or adjustment . the company assesses collectibility based primarily on the creditworthiness of the customer as determined by credit checks and analysis , as well as the customer 2019s payment history . accruals for customer returns for defective product are based on historical experience with similar types of sales . accruals for rebates and incentives are based on pricing agreements and are generally tied to sales volume . changes in such accruals may be required if future returns differ from historical experience or if actual sales volume differ from estimated sales volume . rebates and incentives are recognized as a reduction of sales . compensated absences . in the fourth quarter of 2001 , the company changed its vacation policy for certain employees so that vacation pay is earned ratably throughout the year and must be used by year-end . the accrual for compensated absences was reduced by $ 1.6 million in 2001 to eliminate vacation pay no longer required to be accrued under the current policy . advertising . advertising costs are charged to operations as incurred and amounted to $ 18.4 , $ 16.2 and $ 8.8 million during 2003 , 2002 and 2001 respectively . research and development . research and development costs are charged to operations as incurred and amounted to $ 34.6 , $ 30.4 and $ 27.6 million during 2003 , 2002 and 2001 , respectively . product warranty . the company 2019s products carry warranties that generally range from one to six years and are based on terms that are generally accepted in the market place . the company records a liability for the expected cost of warranty-related claims at the time of sale . the allocation of our warranty liability between current and long-term is based on expected warranty claims to be paid in the next year as determined by historical product failure rates . 1 . organization and significant accounting policies ( continued ) the following table presents the company 2019s product warranty liability activity in 2003 and 2002 : note to table : environmental costs . the company accrues for losses associated with environmental obligations when such losses are probable and reasonably estimable . costs of estimated future expenditures are not discounted to their present value . recoveries of environmental costs from other parties are recorded as assets when their receipt is considered probable . the accruals are adjusted as facts and circumstances change . stock based compensation . the company has one stock-based employee compensation plan ( see note 11 ) . sfas no . 123 , 201caccounting for stock-based compensation , 201d encourages , but does not require companies to record compensation cost for stock-based employee compensation plans at fair value . the company has chosen to continue applying accounting principles board opinion no . 25 , 201caccounting for stock issued to employees , 201d and related interpretations , in accounting for its stock option plans . accordingly , because the number of shares is fixed and the exercise price of the stock options equals the market price of the underlying stock on the date of grant , no compensation expense has been recognized . had compensation cost been determined based upon the fair value at the grant date for awards under the plans based on the provisions of sfas no . 123 , the company 2019s pro forma earnings and earnings per share would have been as follows: . <table class='wikitable'><tr><td>1</td><td>years ended december 31 ( dollars in millions )</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>balance at beginning of year</td><td>$ 63.2</td><td>$ 69.6</td></tr><tr><td>3</td><td>expense</td><td>29.1</td><td>29.9</td></tr><tr><td>4</td><td>claims settled</td><td>-30.2 ( 30.2 )</td><td>-29.1 ( 29.1 )</td></tr><tr><td>5</td><td>customer warranty waiver ( 1 )</td><td>--</td><td>-7.2 ( 7.2 )</td></tr><tr><td>6</td><td>balance at end of year</td><td>$ 62.1</td><td>$ 63.2</td></tr></table> ( 1 ) in exchange for other concessions , the customer has agreed to accept responsibility for units they have purchased from the company which become defective . the amount of the warranty reserve applicable to the estimated number of units previously sold to this customer that may become defective has been reclassified from the product warranty liability to a deferred revenue account. .\nQuestion: what were research and developments costs in 2002?\nAnswer: 30.4\nQuestion: what were they in 2001?\nAnswer: 27.6\nQuestion: what is the net change?\nAnswer: 2.8\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.10145" } ]
CONVFINQA4296	[ { "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 . <table class='wikitable'><tr><td>1</td><td>assumptions used in monte carlo lattice pricing model</td><td>year ended december 31 , 2016</td><td>year ended december 31 , 2015</td><td>year ended december 31 , 2014</td></tr><tr><td>2</td><td>risk-free interest rate</td><td>1.0% ( 1.0 % )</td><td>1.1% ( 1.1 % )</td><td>0.7% ( 0.7 % )</td></tr><tr><td>3</td><td>expected dividend yield</td><td>2014% ( 2014 % )</td><td>2014% ( 2014 % )</td><td>2014% ( 2014 % )</td></tr><tr><td>4</td><td>expected volatility 2014ansys stock price</td><td>21% ( 21 % )</td><td>23% ( 23 % )</td><td>25% ( 25 % )</td></tr><tr><td>5</td><td>expected volatility 2014nasdaq composite index</td><td>16% ( 16 % )</td><td>14% ( 14 % )</td><td>15% ( 15 % )</td></tr><tr><td>6</td><td>expected term</td><td>2.8 years</td><td>2.8 years</td><td>2.8 years</td></tr><tr><td>7</td><td>correlation factor</td><td>0.65</td><td>0.60</td><td>0.70</td></tr></table> the company issued 35000 , 115485 and 39900 performance-based restricted stock awards during 2016 , 2015 and 2014 , respectively . of the cumulative performance-based restricted stock awards issued , defined operating metrics were assigned to 63462 , 51795 and 20667 awards with grant-date fair values of $ 84.61 , $ 86.38 and $ 81.52 during 2016 , 2015 and 2014 , respectively . the grant-date fair value of the awards is being recorded from the grant date through the conclusion of the measurement period associated with each operating metric based on management's estimates concerning the probability of vesting . as of december 31 , 2016 , 7625 units of the total 2014 awards granted were earned and will be issued in 2017 . total compensation expense associated with the awards recorded for the years ended december 31 , 2016 , 2015 and 2014 was $ 0.4 million , $ 0.4 million and $ 0.1 million , respectively . in addition , in 2016 , 2015 and 2014 , the company granted restricted stock units of 488622 , 344500 and 364150 , respectively , that will vest over a three- or four-year period with weighted-average grant-date fair values of $ 88.51 , $ 86.34 and $ 82.13 , respectively . during 2016 and 2015 , 162019 and 85713 shares vested and were released , respectively . as of december 31 , 2016 , 2015 and 2014 , 838327 , 571462 and 344750 units were outstanding , respectively . total compensation expense is being recorded over the service period and was $ 19.1 million , $ 12.5 million and $ 5.8 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . in conjunction with a 2015 acquisition , ansys issued 68451 shares of replacement restricted stock with a weighted-average grant-date fair value of $ 90.48 . of the $ 6.2 million grant-date fair value , $ 3.5 million , related to partially vested awards , was recorded as non-cash purchase price consideration . the remaining fair value will be recognized as stock compensation expense through the conclusion of the service period . during the years ended december 31 , 2016 and 2015 , the company recorded $ 1.2 million and $ 0.6 million , respectively , of stock compensation expense related to these awards . in conjunction with a 2011 acquisition , the company granted performance-based restricted stock awards . vesting was determined based on the achievements of certain revenue and operating income targets of the entity post-acquisition . total compensation expense associated with the awards recorded for the year ended december 31 , 2014 was $ 4.7 million . the company has granted deferred stock awards to non-affiliate independent directors , which are rights to receive shares of common stock upon termination of service as a director . in 2015 and prior , the deferred stock awards were granted quarterly in arrears and vested immediately upon grant . associated with these awards , the company established a non-qualified 409 ( a ) deferred compensation plan with assets held under a rabbi trust to provide directors an opportunity to diversify their vested awards . during open trading windows and at their elective option , the directors may convert their company shares into a variety of non-company-stock investment options in order to diversify their holdings . as of december 31 , 2016 , 5000 shares have been diversified and 184099 undiversified deferred stock awards have vested with the underlying shares remaining unissued until the service termination of the respective director owners . in may 2016 , the company granted 38400 deferred stock awards which will vest in full on the one-year anniversary of the grant . total compensation expense associated with the awards recorded for the years ended december 31 , 2016 , 2015 and 2014 was $ 1.9 million , $ 4.0 million and $ 3.5 million , respectively. .\nQuestion: what is the expected volatility 2014nasdaq composite index in 2016?\nAnswer: 16.0\nQuestion: what about in 2015?\nAnswer: 14.0\nQuestion: what is the net change?\nAnswer: 2.0\nQuestion: what is the expected volatility 2014nasdaq composite index in 20165\nAnswer: 14.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.14286" } ]
CONVFINQA8335	[ { "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\nstate street corporation \| 52 shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five-year period . the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2012 . it also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available , capitalization-weighted index , comprised of 67 of the standard & poor 2019s 500 companies , representing 27 diversified financial services companies , 23 insurance companies , and 17 banking companies . the kbw bank index is a modified cap-weighted index consisting of 24 exchange-listed stocks , representing national money center banks and leading regional institutions. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td></tr><tr><td>2</td><td>state street corporation</td><td>$ 100</td><td>$ 159</td><td>$ 172</td><td>$ 148</td><td>$ 178</td><td>$ 227</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>132</td><td>151</td><td>153</td><td>171</td><td>208</td></tr><tr><td>4</td><td>s&p financial index</td><td>100</td><td>136</td><td>156</td><td>154</td><td>189</td><td>230</td></tr><tr><td>5</td><td>kbw bank index</td><td>100</td><td>138</td><td>151</td><td>151</td><td>195</td><td>231</td></tr></table> .\nQuestion: what was the price of state street corporation in 2017?\nAnswer: 227.0\nQuestion: and the original investment?\nAnswer: 100.0\nQuestion: so what was the price change between these years?\nAnswer: 127.0\nQuestion: and the original investment again?\nAnswer: 100.0\nQuestion: so what was the return on this investment?\n" }, { "role": "agent", "content": "1.27" } ]
CONVFINQA9384	[ { "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\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) upon termination of employment , excluding retirement , all of a participant 2019s unvested awards are forfeited . however , when a participant terminates employment due to retirement , the participant generally retains all of their awards without providing additional service to the company . eligible retirement is dependent upon age and years of service , as follows : age 55 with ten years of service , age 60 with five years of service and age 65 with two years of service . compensation expense is recognized over the shorter of the vesting periods stated in the ltip , or the date the individual becomes eligible to retire . there are 11550 shares of class a common stock reserved for equity awards under the ltip . although the ltip permits the issuance of shares of class b common stock , no such shares have been reserved for issuance . shares issued as a result of option exercises and the conversions of rsus are expected to be funded with the issuance of new shares of class a common stock . stock options the fair value of each option is estimated on the date of grant using a black-scholes option pricing model . the following table presents the weighted-average assumptions used in the valuation and the resulting weighted- average fair value per option granted for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>risk-free rate of return</td><td>2.5% ( 2.5 % )</td><td>3.2% ( 3.2 % )</td><td>4.4% ( 4.4 % )</td></tr><tr><td>3</td><td>expected term ( in years )</td><td>6.17</td><td>6.25</td><td>6.25</td></tr><tr><td>4</td><td>expected volatility</td><td>41.7% ( 41.7 % )</td><td>37.9% ( 37.9 % )</td><td>30.9% ( 30.9 % )</td></tr><tr><td>5</td><td>expected dividend yield</td><td>0.4% ( 0.4 % )</td><td>0.3% ( 0.3 % )</td><td>0.6% ( 0.6 % )</td></tr><tr><td>6</td><td>weighted-average fair value per option granted</td><td>$ 71.03</td><td>$ 78.54</td><td>$ 41.03</td></tr></table> the risk-free rate of return was based on the u.s . treasury yield curve in effect on the date of grant . the company utilizes the simplified method for calculating the expected term of the option based on the vesting terms and the contractual life of the option . the expected volatility for options granted during 2009 was based on the average of the implied volatility of mastercard and a blend of the historical volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . the expected volatility for options granted during 2008 was based on the average of the implied volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . as the company did not have sufficient publicly traded stock data historically , the expected volatility for options granted during 2007 was primarily based on the average of the historical and implied volatility of a group of companies that management believed was generally comparable to mastercard . the expected dividend yields were based on the company 2019s expected annual dividend rate on the date of grant. .\nQuestion: what is the risk-free rate in 2009?\n" }, { "role": "agent", "content": "2.5" } ]
CONVFINQA10215	[ { "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\nyears 2002 , 2003 , 2004 , and the first two quarters of fiscal 2005 . the restatement related to tax matters . the company provided information to the sec staff relating to the facts and circumstances surrounding the restatement . on july 28 , 2006 , the company filed an amendment to its annual report on form 10-k for the fiscal year ended may 29 , 2005 . the filing amended item 6 . selected financial data and exhibit 12 , computation of ratios of earnings to fixed charges , for fiscal year 2001 , and certain restated financial information for fiscal years 1999 and 2000 , all related to the application of certain of the company 2019s reserves for the three years and fiscal year 1999 income tax expense . the company provided information to the sec staff relating to the facts and circumstances surrounding the amended filing . the company reached an agreement with the sec staff concerning matters associated with these amended filings . that proposed settlement was approved by the securities and exchange commission on july 17 , 2007 . on july 24 , 2007 , the sec filed its complaint against the company in the united states district court for the district of colorado , followed by an executed consent , which without the company admitting or denying the allegations of the complaint , reflects the terms of the settlement , including payment by the company of a civil penalty of $ 45 million and the company 2019s agreement to be permanently enjoined from violating certain provisions of the federal securities laws . additionally , the company made approximately $ 2 million in indemnity payments on behalf of former employees concluding separate settlements with the sec . the company recorded charges of $ 25 million in fiscal 2004 , $ 21.5 million in the third quarter of fiscal 2005 , and $ 1.2 million in the first quarter of fiscal 2007 in connection with the expected settlement of these matters . three purported class actions were filed in united states district court for nebraska , rantala v . conagra foods , inc. , et . al. , case no . 805cv349 , and bright v . conagra foods , inc. , et . al. , case no . 805cv348 on july 18 , 2005 , and boyd v . conagra foods , inc. , et . al. , case no . 805cv386 on august 8 , 2005 . the lawsuits are against the company , its directors and its employee benefits committee on behalf of participants in the company 2019s employee retirement income savings plans . the lawsuits allege violations of the employee retirement income security act ( erisa ) in connection with the events resulting in the company 2019s april 2005 restatement of its financial statements and related matters . the company has reached a settlement with the plaintiffs in these actions subject to court approval . the settlement includes a $ 4 million payment , most of which will be paid by an insurer . the company has also agreed to make certain prospective changes to its benefit plans as part of the settlement . 2006 vs . 2005 net sales ( $ in millions ) reporting segment fiscal 2006 net sales fiscal 2005 net sales % ( % ) increase/ ( decrease ) . <table class='wikitable'><tr><td>1</td><td>reporting segment</td><td>fiscal 2006 net sales</td><td>fiscal 2005 net sales</td><td>% ( % ) increase/ ( decrease )</td></tr><tr><td>2</td><td>consumer foods</td><td>$ 6504</td><td>$ 6598</td><td>( 1 ) % ( % )</td></tr><tr><td>3</td><td>food and ingredients</td><td>3189</td><td>2986</td><td>7% ( 7 % )</td></tr><tr><td>4</td><td>trading and merchandising</td><td>1186</td><td>1224</td><td>( 3 ) % ( % )</td></tr><tr><td>5</td><td>international foods</td><td>603</td><td>576</td><td>5% ( 5 % )</td></tr><tr><td>6</td><td>total</td><td>$ 11482</td><td>$ 11384</td><td>1% ( 1 % )</td></tr></table> overall , company net sales increased $ 98 million to $ 11.5 billion in fiscal 2006 , primarily reflecting favorable results in the food and ingredients and international foods segments . price increases driven by higher input costs for potatoes , wheat milling and dehydrated vegetables within the food and ingredients segment , coupled with the strength of foreign currencies within the international foods segment enhanced net sales . these increases were partially offset by volume declines in the consumer foods segment , principally related to certain shelf stable brands and declines in the trading and merchandising segment related to decreased volumes and certain divestitures and closures. .\nQuestion: in 2005, what was the percentage of total net sales that were food and ingredients?\n" }, { "role": "agent", "content": "0.2623" } ]
CONVFINQA1027	[ { "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 1 . basis of presentation the accompanying consolidated financial statements and notes thereto have been prepared in accordance with u.s . generally accepted accounting principles ( \"u.s . gaap\" ) . the consolidated financial statements include the accounts of aon plc and all of its controlled subsidiaries ( \"aon\" or the \"company\" ) . all intercompany accounts and transactions have been eliminated . the consolidated financial statements include , in the opinion of management , all adjustments necessary to present fairly the company's consolidated financial position , results of operations and cash flows for all periods presented . reclassification certain amounts in prior years' consolidated financial statements and related notes have been reclassified to conform to the 2015 presentation . in prior periods , long-term investments were included in investments in the consolidated statement of financial position . these amounts are now included in other non-current assets in the consolidated statement of financial position , as shown in note 3 to these consolidated financial statements . long-term investments were $ 135 million at december 31 , 2015 and $ 143 million at december 31 , 2014 . in prior periods , prepaid pensions were included in other non-current assets in the consolidated statement of financial position . these amounts are now separately disclosed in the consolidated statement of financial position . prepaid pensions were $ 1033 million at december 31 , 2015 and $ 933 million at december 31 , 2014 . upon vesting of certain share-based payment arrangements , employees may elect to use a portion of the shares to satisfy tax withholding requirements , in which case aon makes a payment to the taxing authority on the employee 2019s behalf and remits the remaining shares to the employee . the company has historically presented amounts due to taxing authorities within cash flows from operating activities in the consolidated statements of cash flows . the amounts are now included in 201cissuance of shares for employee benefit plans 201d within cash flows from financing activities . the company believes this presentation provides greater clarity into the operating and financing activities of the company as the substance and accounting for these transactions is that of a share repurchase . it also aligns the company 2019s presentation to be consistent with industry practice . amounts reported in issuance of shares for employee benefit plans were $ 227 million , $ 170 million , and $ 120 million , respectively , for the years ended december 31 , 2015 , 2014 and 2013 . these amounts , which were reclassified from accounts payable and accrued liabilities and other assets and liabilities , were $ 85 million and $ 85 million in 2014 , and $ 62 million and $ 58 million in 2013 , respectively . changes to the presentation in the consolidated statements of cash flows for 2014 and 2013 were made related to certain line items within financing activities . the following line items and respective amounts have been aggregated in a new line item titled 201cnoncontrolling interests and other financing activities 201d within financing activities. . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>purchases of shares from noncontrolling interests</td><td>3</td><td>-8 ( 8 )</td></tr><tr><td>3</td><td>dividends paid to noncontrolling interests</td><td>-24 ( 24 )</td><td>-19 ( 19 )</td></tr><tr><td>4</td><td>proceeds from sale-leaseback</td><td>25</td><td>2014</td></tr></table> use of estimates the preparation of the accompanying consolidated financial statements in conformity with u.s . gaap requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities , disclosures of contingent assets and liabilities at the date of the financial statements , and the reported amounts of reserves and expenses . these estimates and assumptions are based on management's best estimates and judgments . management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors , including the current economic environment . management believes its estimates to be reasonable given the current facts available . aon adjusts such estimates and assumptions when facts and circumstances dictate . illiquid credit markets , volatile equity markets , and foreign currency exchange rate movements increase the uncertainty inherent in such estimates and assumptions . as future events and their effects cannot be determined , among other factors , with precision , actual results could differ significantly from these estimates . changes in estimates resulting from continuing changes in the economic environment would , if applicable , be reflected in the financial statements in future periods. .\nQuestion: what is the sum of the amount reported to issuance of shares for employee benefit plans in 2014 and 2015?\n" }, { "role": "agent", "content": "397.0" } ]
CONVFINQA8819	[ { "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\n39 annual report 2010 duke realty corporation \| \| related party transactions we provide property and asset management , leasing , construction and other tenant related services to unconsolidated companies in which we have equity interests . for the years ended december 31 , 2010 , 2009 and 2008 , respectively , we earned management fees of $ 7.6 million , $ 8.4 million and $ 7.8 million , leasing fees of $ 2.7 million , $ 4.2 million and $ 2.8 million and construction and development fees of $ 10.3 million , $ 10.2 million and $ 12.7 million from these companies . we recorded these fees based on contractual terms that approximate market rates for these types of services , and we have eliminated our ownership percentages of these fees in the consolidated financial statements . commitments and contingencies we have guaranteed the repayment of $ 95.4 million of economic development bonds issued by various municipalities in connection with certain commercial developments . we will be required to make payments under our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond debt service . management does not believe that it is probable that we will be required to make any significant payments in satisfaction of these guarantees . we also have guaranteed the repayment of secured and unsecured loans of six of our unconsolidated subsidiaries . at december 31 , 2010 , the maximum guarantee exposure for these loans was approximately $ 245.4 million . with the exception of the guarantee of the debt of 3630 peachtree joint venture , for which we recorded a contingent liability in 2009 of $ 36.3 million , management believes it probable that we will not be required to satisfy these guarantees . we lease certain land positions with terms extending to december 2080 , with a total obligation of $ 103.6 million . no payments on these ground leases are material in any individual year . we are subject to various legal proceedings and claims that arise in the ordinary course of business . in the opinion of management , the amount of any ultimate liability with respect to these actions will not materially affect our consolidated financial statements or results of operations . contractual obligations at december 31 , 2010 , we were subject to certain contractual payment obligations as described in the table below: . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period ( in thousands ) total</td><td>payments due by period ( in thousands ) 2011</td><td>payments due by period ( in thousands ) 2012</td><td>payments due by period ( in thousands ) 2013</td><td>payments due by period ( in thousands ) 2014</td><td>payments due by period ( in thousands ) 2015</td><td>payments due by period ( in thousands ) thereafter</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 5413606</td><td>$ 629781</td><td>$ 548966</td><td>$ 725060</td><td>$ 498912</td><td>$ 473417</td><td>$ 2537470</td></tr><tr><td>3</td><td>lines of credit ( 2 )</td><td>214225</td><td>28046</td><td>9604</td><td>176575</td><td>-</td><td>-</td><td>-</td></tr><tr><td>4</td><td>share of debt of unconsolidated joint ventures ( 3 )</td><td>447573</td><td>87602</td><td>27169</td><td>93663</td><td>34854</td><td>65847</td><td>138438</td></tr><tr><td>5</td><td>ground leases</td><td>103563</td><td>2199</td><td>2198</td><td>2169</td><td>2192</td><td>2202</td><td>92603</td></tr><tr><td>6</td><td>operating leases</td><td>2704</td><td>840</td><td>419</td><td>395</td><td>380</td><td>370</td><td>300</td></tr><tr><td>7</td><td>development and construction backlog costs ( 4 )</td><td>521041</td><td>476314</td><td>44727</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>8</td><td>other</td><td>1967</td><td>1015</td><td>398</td><td>229</td><td>90</td><td>54</td><td>181</td></tr><tr><td>9</td><td>total contractual obligations</td><td>$ 6704679</td><td>$ 1225797</td><td>$ 633481</td><td>$ 998091</td><td>$ 536428</td><td>$ 541890</td><td>$ 2768992</td></tr></table> ( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest . interest expense for variable rate debt was calculated using the interest rates as of december 31 , 2010 . ( 2 ) our unsecured lines of credit consist of an operating line of credit that matures february 2013 and the line of credit of a consolidated subsidiary that matures july 2011 . interest expense for our unsecured lines of credit was calculated using the most recent stated interest rates that were in effect . ( 3 ) our share of unconsolidated joint venture debt includes both principal and interest . interest expense for variable rate debt was calculated using the interest rate at december 31 , 2010 . ( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects. .\nQuestion: what is the total long-term debt?\nAnswer: 5413606.0\nQuestion: what are the total contractual obligations?\nAnswer: 6704679.0\nQuestion: what fraction of total contractual obligations is long-term debt?\nAnswer: 0.80744\nQuestion: what percentage does this represent?\n" }, { "role": "agent", "content": "80.7437" } ]
CONVFINQA236	[ { "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\n2022 increased proved liquid hydrocarbon , including synthetic crude oil , reserves to 78 percent from 75 percent of proved reserves 2022 increased e&p net sales volumes , excluding libya , by 7 percent 2022 recorded 96 percent average operational availability for all major company-operated e&p assets , compared to 94 percent in 2010 2022 completed debottlenecking work that increased crude oil production capacity at the alvheim fpso in norway to 150000 gross bbld from the previous capacity of 142000 gross bbld and the original 2008 capacity of 120000 gross bbld 2022 announced two non-operated discoveries in the iraqi kurdistan region and began drilling in poland 2022 completed aosp expansion 1 , including the start-up of the expanded scotford upgrader , realizing an increase in net synthetic crude oil sales volumes of 48 percent 2022 completed dispositions of non-core assets and interests in acreage positions for net proceeds of $ 518 million 2022 repurchased 12 million shares of our common stock at a cost of $ 300 million 2022 retired $ 2498 million principal of our long-term debt 2022 resumed limited production in libya in the fourth quarter of 2011 following the february 2011 temporary suspension of operations consolidated results of operations : 2011 compared to 2010 due to the spin-off of our downstream business on june 30 , 2011 , which is reported as discontinued operations , income from continuing operations is more representative of marathon oil as an independent energy company . consolidated income from continuing operations before income taxes was 9 percent higher in 2011 than in 2010 , largely due to higher liquid hydrocarbon prices . this improvement was offset by increased income taxes primarily the result of excess foreign tax credits generated during 2011 that we do not expect to utilize in the future . the effective income tax rate for continuing operations was 61 percent in 2011 compared to 54 percent in 2010 . revenues are summarized in the following table : ( in millions ) 2011 2010 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>e&p</td><td>$ 13029</td><td>$ 10782</td></tr><tr><td>3</td><td>osm</td><td>1588</td><td>833</td></tr><tr><td>4</td><td>ig</td><td>93</td><td>150</td></tr><tr><td>5</td><td>segment revenues</td><td>14710</td><td>11765</td></tr><tr><td>6</td><td>elimination of intersegment revenues</td><td>-47 ( 47 )</td><td>-75 ( 75 )</td></tr><tr><td>7</td><td>total revenues</td><td>$ 14663</td><td>$ 11690</td></tr></table> e&p segment revenues increased $ 2247 million from 2010 to 2011 , primarily due to higher average liquid hydrocarbon realizations , which were $ 99.37 per bbl in 2011 , a 31 percent increase over 2010 . revenues in 2010 included net pre-tax gains of $ 95 million on derivative instruments intended to mitigate price risk on future sales of liquid hydrocarbons and natural gas . included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale . supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product types and delivery points . see the cost of revenues discussion as revenues from supply optimization approximate the related costs . higher average crude oil prices in 2011 compared to 2010 increased revenues related to supply optimization . revenues from the sale of our u.s . production are higher in 2011 primarily as a result of higher liquid hydrocarbon and natural gas price realizations , but sales volumes declined. .\nQuestion: what was the total revenue for 2011?\nAnswer: 14663.0\nQuestion: and for 2010?\nAnswer: 11690.0\nQuestion: so what was the difference between the two years?\nAnswer: 2973.0\nQuestion: and the specific value for 2010 again?\n" }, { "role": "agent", "content": "11690.0" } ]
CONVFINQA10193	[ { "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\nchanges in our performance retention awards during 2009 were as follows : shares ( thous. ) weighted-average grant-date fair value . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares ( thous. )</td><td>weighted-averagegrant-date fair value</td></tr><tr><td>2</td><td>nonvested at january 1 2009</td><td>873</td><td>$ 50.70</td></tr><tr><td>3</td><td>granted</td><td>449</td><td>47.28</td></tr><tr><td>4</td><td>vested</td><td>-240 ( 240 )</td><td>43.23</td></tr><tr><td>5</td><td>forfeited</td><td>-22 ( 22 )</td><td>53.86</td></tr><tr><td>6</td><td>nonvested at december 31 2009</td><td>1060</td><td>$ 50.88</td></tr></table> at december 31 , 2009 , there was $ 22 million of total unrecognized compensation expense related to nonvested performance retention awards , which is expected to be recognized over a weighted-average period of 1.3 years . a portion of this expense is subject to achievement of the roic levels established for the performance stock unit grants . 5 . retirement plans pension and other postretirement benefits pension plans 2013 we provide defined benefit retirement income to eligible non-union employees through qualified and non-qualified ( supplemental ) pension plans . qualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment , with specific reductions made for early retirements . other postretirement benefits ( opeb ) 2013 we provide defined contribution medical and life insurance benefits for eligible retirees . these benefits are funded as medical claims and life insurance premiums are plan amendment effective january 1 , 2010 , medicare-eligible retirees who are enrolled in the union pacific retiree medical program will receive a contribution to a health reimbursement account , which can be used to pay eligible out-of-pocket medical expenses . the impact of the plan amendment is reflected in the projected benefit obligation ( pbo ) at december 31 , 2009 . funded status we are required by gaap to separately recognize the overfunded or underfunded status of our pension and opeb plans as an asset or liability . the funded status represents the difference between the pbo and the fair value of the plan assets . the pbo is the present value of benefits earned to date by plan participants , including the effect of assumed future salary increases . the pbo of the opeb plan is equal to the accumulated benefit obligation , as the present value of the opeb liabilities is not affected by salary increases . plan assets are measured at fair value . we use a december 31 measurement date for plan assets and obligations for all our retirement plans. .\nQuestion: what was the amount of nonvested shares as of 12/31/09?\nAnswer: 1060.0\nQuestion: now converted to millions?\n" }, { "role": "agent", "content": "1060000.0" } ]
CONVFINQA3838	[ { "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 illustrates the effect that a 10% ( 10 % ) unfavorable or favorable movement in foreign currency exchange rates , relative to the u.s . dollar , would have on the fair value of our forward exchange contracts as of october 30 , 2010 and october 31 , 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>october 30 2010</td><td>october 31 2009</td></tr><tr><td>2</td><td>fair value of forward exchange contracts asset</td><td>$ 7256</td><td>$ 8367</td></tr><tr><td>3</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset</td><td>$ 22062</td><td>$ 20132</td></tr><tr><td>4</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability</td><td>$ -7396 ( 7396 )</td><td>$ -6781 ( 6781 )</td></tr></table> fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset . . . . . . . . . . . . . . . . . $ 22062 $ 20132 fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability . . . . . . . . . . . . . . . . . . . . . . . $ ( 7396 ) $ ( 6781 ) the calculation assumes that each exchange rate would change in the same direction relative to the u.s . dollar . in addition to the direct effects of changes in exchange rates , such changes typically affect the volume of sales or the foreign currency sales price as competitors 2019 products become more or less attractive . our sensitivity analysis of the effects of changes in foreign currency exchange rates does not factor in a potential change in sales levels or local currency selling prices. .\nQuestion: what was the fair value of forward exchange contracts asset in 2010?\nAnswer: 7256.0\nQuestion: and what was it in 2009?\nAnswer: 8367.0\nQuestion: what was, then, the change over the year?\nAnswer: -1111.0\nQuestion: what was the fair value of forward exchange contracts asset in 2009?\nAnswer: 8367.0\nQuestion: and how much does that change represent in relation to this 2009 fair value?\n" }, { "role": "agent", "content": "-0.13278" } ]
CONVFINQA8215	[ { "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\n2009 levels , we returned a portion of these assets to active service . at the end of 2010 , we continued to maintain in storage approximately 17% ( 17 % ) of our multiple purpose locomotives and 14% ( 14 % ) of our freight car inventory , reflecting our ability to effectively leverage our assets as volumes return to our network . 2022 fuel prices 2013 fuel prices generally increased throughout 2010 as the economy improved . our average diesel fuel price per gallon increased nearly 20% ( 20 % ) from january to december of 2010 , driven by higher crude oil barrel prices and conversion spreads . compared to 2009 , our diesel fuel price per gallon consumed increased 31% ( 31 % ) , driving operating expenses up by $ 566 million ( excluding any impact from year-over-year volume increases ) . to partially offset the effect of higher fuel prices , we reduced our consumption rate by 3% ( 3 % ) during the year , saving approximately 27 million gallons of fuel . the use of newer , more fuel efficient locomotives ; increased use of distributed locomotive power ( the practice of distributing locomotives throughout a train rather than positioning them all in the lead resulting in safer and more efficient train operations ) ; fuel conservation programs ; and efficient network operations and asset utilization all contributed to this improvement . 2022 free cash flow 2013 cash generated by operating activities ( adjusted for the reclassification of our receivables securitization facility ) totaled $ 4.5 billion , yielding record free cash flow of $ 1.4 billion in 2010 . free cash flow is defined as cash provided by operating activities ( adjusted for the reclassification of our receivables securitization facility ) , less cash used in investing activities and dividends paid . free cash flow is not considered a financial measure under accounting principles generally accepted in the u.s . ( gaap ) by sec regulation g and item 10 of sec regulation s-k . we believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings . free cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities . the following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 4105</td><td>$ 3204</td><td>$ 4044</td></tr><tr><td>3</td><td>receivables securitization facility [a]</td><td>400</td><td>184</td><td>16</td></tr><tr><td>4</td><td>cash provided by operating activitiesadjusted for the receivables securitizationfacility</td><td>4505</td><td>3388</td><td>4060</td></tr><tr><td>5</td><td>cash used in investing activities</td><td>-2488 ( 2488 )</td><td>-2145 ( 2145 )</td><td>-2738 ( 2738 )</td></tr><tr><td>6</td><td>dividends paid</td><td>-602 ( 602 )</td><td>-544 ( 544 )</td><td>-481 ( 481 )</td></tr><tr><td>7</td><td>free cash flow</td><td>$ 1415</td><td>$ 699</td><td>$ 841</td></tr></table> [a] effective january 1 , 2010 , a new accounting standard required us to account for receivables transferred under our receivables securitization facility as secured borrowings in our consolidated statements of financial position and as financing activities in our consolidated statements of cash flows . the receivables securitization facility is included in our free cash flow calculation to adjust cash provided by operating activities as though our receivables securitization facility had been accounted for under the new accounting standard for all periods presented . 2011 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public . we will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training , and engaging our employees . we will continue implementing total safety culture ( tsc ) throughout our operations . tsc is designed to establish , maintain , reinforce , and promote safe practices among co-workers . this process allows us to identify and implement best practices for employee and operational safety . reducing grade crossing incidents is a critical aspect of our safety programs , and we will continue our efforts to maintain and close crossings ; install video cameras on locomotives ; and educate the public and law enforcement agencies about crossing safety through a combination of our own programs ( including risk assessment strategies ) , various industry programs , and engaging local communities . 2022 transportation plan 2013 to build upon our success in recent years , we will continue evaluating traffic flows and network logistic patterns , which can be quite dynamic , to identify additional opportunities to simplify operations , remove network variability , and improve network efficiency and asset utilization . we plan to adjust manpower and our locomotive and rail car fleets to meet customer needs and put .\nQuestion: in 2010, what was the amount from the cash provided by operations that was from receivables securitization facility?\n" }, { "role": "agent", "content": "400.0" } ]
CONVFINQA10610	[ { "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 summary , our cash flows for each period were as follows : years ended ( in millions ) dec 30 , dec 31 , dec 26 . <table class='wikitable'><tr><td>1</td><td>years ended ( in millions )</td><td>dec 302017</td><td>dec 312016</td><td>dec 262015</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 22110</td><td>$ 21808</td><td>$ 19018</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>-15762 ( 15762 )</td><td>-25817 ( 25817 )</td><td>-8183 ( 8183 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>-8475 ( 8475 )</td><td>-5739 ( 5739 )</td><td>1912</td></tr><tr><td>5</td><td>net increase ( decrease ) in cash and cash equivalents</td><td>$ -2127 ( 2127 )</td><td>$ -9748 ( 9748 )</td><td>$ 12747</td></tr></table> operating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in assets and liabilities . for 2017 compared to 2016 , the $ 302 million increase in cash provided by operating activities was due to changes to working capital partially offset by adjustments for non-cash items and lower net income . tax reform did not have an impact on our 2017 cash provided by operating activities . the increase in cash provided by operating activities was driven by increased income before taxes and $ 1.0 billion receipts of customer deposits . these increases were partially offset by increased inventory and accounts receivable . income taxes paid , net of refunds , in 2017 compared to 2016 were $ 2.9 billion higher due to higher income before taxes , taxable gains on sales of asml , and taxes on the isecg divestiture . we expect approximately $ 2.0 billion of additional customer deposits in 2018 . for 2016 compared to 2015 , the $ 2.8 billion increase in cash provided by operating activities was due to adjustments for non-cash items and changes in working capital , partially offset by lower net income . the adjustments for non-cash items were higher in 2016 primarily due to restructuring and other charges and the change in deferred taxes , partially offset by lower depreciation . investing activities investing cash flows consist primarily of capital expenditures ; investment purchases , sales , maturities , and disposals ; and proceeds from divestitures and cash used for acquisitions . our capital expenditures were $ 11.8 billion in 2017 ( $ 9.6 billion in 2016 and $ 7.3 billion in 2015 ) . the decrease in cash used for investing activities in 2017 compared to 2016 was primarily due to higher net activity of available-for sale-investments in 2017 , proceeds from our divestiture of isecg in 2017 , and higher maturities and sales of trading assets in 2017 . this activity was partially offset by higher capital expenditures in 2017 . the increase in cash used for investing activities in 2016 compared to 2015 was primarily due to our completed acquisition of altera , net purchases of trading assets in 2016 compared to net sales of trading assets in 2015 , and higher capital expenditures in 2016 . this increase was partially offset by lower investments in non-marketable equity investments . financing activities financing cash flows consist primarily of repurchases of common stock , payment of dividends to stockholders , issuance and repayment of short-term and long-term debt , and proceeds from the sale of shares of common stock through employee equity incentive plans . the increase in cash used for financing activities in 2017 compared to 2016 was primarily due to net long-term debt activity , which was a use of cash in 2017 compared to a source of cash in 2016 . during 2017 , we repurchased $ 3.6 billion of common stock under our authorized common stock repurchase program , compared to $ 2.6 billion in 2016 . as of december 30 , 2017 , $ 13.2 billion remained available for repurchasing common stock under the existing repurchase authorization limit . we base our level of common stock repurchases on internal cash management decisions , and this level may fluctuate . proceeds from the sale of common stock through employee equity incentive plans totaled $ 770 million in 2017 compared to $ 1.1 billion in 2016 . our total dividend payments were $ 5.1 billion in 2017 compared to $ 4.9 billion in 2016 . we have paid a cash dividend in each of the past 101 quarters . in january 2018 , our board of directors approved an increase to our cash dividend to $ 1.20 per share on an annual basis . the board has declared a quarterly cash dividend of $ 0.30 per share of common stock for q1 2018 . the dividend is payable on march 1 , 2018 to stockholders of record on february 7 , 2018 . cash was used for financing activities in 2016 compared to cash provided by financing activities in 2015 , primarily due to fewer debt issuances and the repayment of debt in 2016 . this activity was partially offset by repayment of commercial paper in 2015 and fewer common stock repurchases in 2016 . md&a - results of operations consolidated results and analysis 37 .\nQuestion: what was the value of cash provided by operating activities in 2017?\nAnswer: 22110.0\nQuestion: what was the value in 2016?\nAnswer: 21808.0\nQuestion: what is the net change in value?\n" }, { "role": "agent", "content": "302.0" } ]
CONVFINQA10798	[ { "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\nasset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs . <table class='wikitable'><tr><td>1</td><td>-</td><td>level 3</td></tr><tr><td>2</td><td>balance as of january 1 2018</td><td>$ 278</td></tr><tr><td>3</td><td>actual return on assets</td><td>-23 ( 23 )</td></tr><tr><td>4</td><td>purchases issuances and settlements net</td><td>-25 ( 25 )</td></tr><tr><td>5</td><td>balance as of december 31 2018</td><td>$ 230</td></tr></table> balance as of january 1 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 140 actual return on assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 purchases , issuances and settlements , net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 balance as of december 31 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts . the investments and risk mitigation strategies for the plans are tailored specifically for each trust . in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company . the company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation . considerations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns . in 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan . as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities . the fixed income portion of the portfolio was designed to match the bond- .\nQuestion: what was the balance of level 3 in 2018?\nAnswer: 230.0\nQuestion: and as of 2017?\n" }, { "role": "agent", "content": "140.0" } ]
CONVFINQA4839	[ { "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 the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201ccompany 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d . 1 . nature of operations operations and segmentation 2013 we are a class i railroad operating in the u.s . our network includes 32236 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s . gateways and providing several corridors to key mexican gateways . we own 26039 miles and operate on the remainder pursuant to trackage rights or leases . we serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico . export and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders . the railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment . although we provide and analyze revenue by commodity group , we treat the financial results of the railroad as one segment due to the integrated nature of our rail network . our operating revenues are primarily derived from contracts with customers for the transportation of freight from origin to destination . effective january 1 , 2018 , the company reclassified its six commodity groups into four : agricultural products , energy , industrial , and premium . the following table represents a disaggregation of our freight and other revenues: . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>agricultural products</td><td>$ 4469</td><td>$ 4303</td><td>$ 4209</td></tr><tr><td>3</td><td>energy</td><td>4608</td><td>4498</td><td>3715</td></tr><tr><td>4</td><td>industrial</td><td>5679</td><td>5204</td><td>4964</td></tr><tr><td>5</td><td>premium</td><td>6628</td><td>5832</td><td>5713</td></tr><tr><td>6</td><td>total freight revenues</td><td>$ 21384</td><td>$ 19837</td><td>$ 18601</td></tr><tr><td>7</td><td>other subsidiary revenues</td><td>881</td><td>885</td><td>814</td></tr><tr><td>8</td><td>accessorial revenues</td><td>502</td><td>458</td><td>455</td></tr><tr><td>9</td><td>other</td><td>65</td><td>60</td><td>71</td></tr><tr><td>10</td><td>total operating revenues</td><td>$ 22832</td><td>$ 21240</td><td>$ 19941</td></tr></table> although our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products we transport are outside the u.s . each of our commodity groups includes revenue from shipments to and from mexico . included in the above table are freight revenues from our mexico business which amounted to $ 2.5 billion in 2018 , $ 2.3 billion in 2017 , and $ 2.2 billion in 2016 . basis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s . ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) . 2 . significant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries . investments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting . all intercompany transactions are eliminated . we currently have no less than majority-owned investments that require consolidation under variable interest entity requirements . cash , cash equivalents and restricted cash 2013 cash equivalents consist of investments with original maturities of three months or less . amounts included in restricted cash represent those required to be set aside by contractual agreement. .\nQuestion: what is the revenue from industrial segement in 2018?\n" }, { "role": "agent", "content": "5679.0" } ]
CONVFINQA1229	[ { "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\nmaturities of debt the scheduled maturities of the outstanding debt balances , excluding debt fair value adjustments as of december 31 , 2014 , are summarized as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>year</td><td>total</td></tr><tr><td>2</td><td>2015</td><td>$ 2717</td></tr><tr><td>3</td><td>2016</td><td>1684</td></tr><tr><td>4</td><td>2017</td><td>3059</td></tr><tr><td>5</td><td>2018</td><td>2328</td></tr><tr><td>6</td><td>2019</td><td>2819</td></tr><tr><td>7</td><td>thereafter</td><td>28422</td></tr><tr><td>8</td><td>total</td><td>$ 41029</td></tr></table> _______ interest rates , interest rate swaps and contingent debt the weighted average interest rate on all of our borrowings was 5.02% ( 5.02 % ) during 2014 and 5.08% ( 5.08 % ) during 2013 . information on our interest rate swaps is contained in note 13 . for information about our contingent debt agreements , see note 12 . subsequent event subsequent to december 31 , 2014 , additional ep trust i preferred securities were converted , primarily consisting of 969117 ep trust i preferred securities converted on january 14 , 2015 , into ( i ) 697473 of our class p common stock ; ( ii ) approximately $ 24 million in cash ; and ( iii ) 1066028 in warrants . 9 . share-based compensation and employee benefits share-based compensation kinder morgan , inc . class p shares stock compensation plan for non-employee directors we have a stock compensation plan for non-employee directors , in which our eligible non-employee directors participate . the plan recognizes that the compensation paid to each eligible non-employee director is fixed by our board , generally annually , and that the compensation is payable in cash . pursuant to the plan , in lieu of receiving some or all of the cash compensation , each eligible non-employee director may elect to receive shares of class p common stock . each election will be generally at or around the first board meeting in january of each calendar year and will be effective for the entire calendar year . an eligible director may make a new election each calendar year . the total number of shares of class p common stock authorized under the plan is 250000 . during 2014 , 2013 and 2012 , we made restricted class p common stock grants to our non-employee directors of 6210 , 5710 and 5520 , respectively . these grants were valued at time of issuance at $ 220000 , $ 210000 and $ 185000 , respectively . all of the restricted stock grants made to non-employee directors vest during a six-month period . table of contents .\nQuestion: what is the total value of debt of maturities?\n" }, { "role": "agent", "content": "41029.0" } ]
CONVFINQA5068	[ { "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 minority partner approves the annual budget , receives a detailed monthly reporting package from us , meets with us on a quarterly basis to review the results of the joint venture , reviews and approves the joint venture 2019s tax return before filing , and approves all leases that cover more than a nominal amount of space relative to the total rentable space at each property we do not consolidate the joint venture as we consider these to be substantive participation rights . our joint venture agreements also contain certain pro- tective rights such as the requirement of partner approval to sell , finance or refinance the property and the payment of capital expenditures and operating expenditures outside of the approved budget or operating plan . the table below provides general information on each joint venture as of december 31 , 2009 ( in thousands ) : property partner ownership interest economic interest square feet acquired acquisition price ( 1 ) 1221 avenue of the americas ( 2 ) rgii 45.00% ( 45.00 % ) 45.00% ( 45.00 % ) 2550 12/03 $ 1000000 1515 broadway ( 3 ) sitq 55.00% ( 55.00 % ) 68.45% ( 68.45 % ) 1750 05/02 $ 483500 . <table class='wikitable'><tr><td>1</td><td>property</td><td>partner</td><td>ownership interest</td><td>economic interest</td><td>square feet</td><td>acquired</td><td>acquisition price ( 1 )</td></tr><tr><td>2</td><td>1221 avenue of the americas ( 2 )</td><td>rgii</td><td>45.00% ( 45.00 % )</td><td>45.00% ( 45.00 % )</td><td>2550</td><td>12/03</td><td>$ 1000000</td></tr><tr><td>3</td><td>1515 broadway ( 3 )</td><td>sitq</td><td>55.00% ( 55.00 % )</td><td>68.45% ( 68.45 % )</td><td>1750</td><td>05/02</td><td>$ 483500</td></tr><tr><td>4</td><td>100 park avenue</td><td>prudential</td><td>49.90% ( 49.90 % )</td><td>49.90% ( 49.90 % )</td><td>834</td><td>02/00</td><td>$ 95800</td></tr><tr><td>5</td><td>379 west broadway</td><td>sutton</td><td>45.00% ( 45.00 % )</td><td>45.00% ( 45.00 % )</td><td>62</td><td>12/05</td><td>$ 19750</td></tr><tr><td>6</td><td>21 west 34thstreet ( 4 )</td><td>sutton</td><td>50.00% ( 50.00 % )</td><td>50.00% ( 50.00 % )</td><td>30</td><td>07/05</td><td>$ 22400</td></tr><tr><td>7</td><td>800 third avenue ( 5 )</td><td>private investors</td><td>42.95% ( 42.95 % )</td><td>42.95% ( 42.95 % )</td><td>526</td><td>12/06</td><td>$ 285000</td></tr><tr><td>8</td><td>521 fifth avenue</td><td>cif</td><td>50.10% ( 50.10 % )</td><td>50.10% ( 50.10 % )</td><td>460</td><td>12/06</td><td>$ 240000</td></tr><tr><td>9</td><td>one court square</td><td>jp morgan</td><td>30.00% ( 30.00 % )</td><td>30.00% ( 30.00 % )</td><td>1402</td><td>01/07</td><td>$ 533500</td></tr><tr><td>10</td><td>1604-1610 broadway ( 6 )</td><td>onyx/sutton</td><td>45.00% ( 45.00 % )</td><td>63.00% ( 63.00 % )</td><td>30</td><td>11/05</td><td>$ 4400</td></tr><tr><td>11</td><td>1745 broadway ( 7 )</td><td>witkoff/sitq/lehman bros .</td><td>32.26% ( 32.26 % )</td><td>32.26% ( 32.26 % )</td><td>674</td><td>04/07</td><td>$ 520000</td></tr><tr><td>12</td><td>1 and 2 jericho plaza</td><td>onyx/credit suisse</td><td>20.26% ( 20.26 % )</td><td>20.26% ( 20.26 % )</td><td>640</td><td>04/07</td><td>$ 210000</td></tr><tr><td>13</td><td>2 herald square ( 8 )</td><td>gramercy</td><td>55.00% ( 55.00 % )</td><td>55.00% ( 55.00 % )</td><td>354</td><td>04/07</td><td>$ 225000</td></tr><tr><td>14</td><td>885 third avenue ( 9 )</td><td>gramercy</td><td>55.00% ( 55.00 % )</td><td>55.00% ( 55.00 % )</td><td>607</td><td>07/07</td><td>$ 317000</td></tr><tr><td>15</td><td>16 court street</td><td>cif</td><td>35.00% ( 35.00 % )</td><td>35.00% ( 35.00 % )</td><td>318</td><td>07/07</td><td>$ 107500</td></tr><tr><td>16</td><td>the meadows ( 10 )</td><td>onyx</td><td>50.00% ( 50.00 % )</td><td>50.00% ( 50.00 % )</td><td>582</td><td>09/07</td><td>$ 111500</td></tr><tr><td>17</td><td>388 and 390 greenwich street ( 11 )</td><td>sitq</td><td>50.60% ( 50.60 % )</td><td>50.60% ( 50.60 % )</td><td>2600</td><td>12/07</td><td>$ 1575000</td></tr><tr><td>18</td><td>27-29 west 34thstreet ( 12 )</td><td>sutton</td><td>50.00% ( 50.00 % )</td><td>50.00% ( 50.00 % )</td><td>41</td><td>01/06</td><td>$ 30000</td></tr><tr><td>19</td><td>1551-1555 broadway ( 13 )</td><td>sutton</td><td>10.00% ( 10.00 % )</td><td>10.00% ( 10.00 % )</td><td>26</td><td>07/05</td><td>$ 80100</td></tr><tr><td>20</td><td>717 fifth avenue ( 14 )</td><td>sutton/nakash</td><td>32.75% ( 32.75 % )</td><td>32.75% ( 32.75 % )</td><td>120</td><td>09/06</td><td>$ 251900</td></tr></table> the meadows ( 10 ) onyx 50.00% ( 50.00 % ) 50.00% ( 50.00 % ) 582 09/07 $ 111500 388 and 390 greenwich street ( 11 ) sitq 50.60% ( 50.60 % ) 50.60% ( 50.60 % ) 2600 12/07 $ 1575000 27 201329 west 34th street ( 12 ) sutton 50.00% ( 50.00 % ) 50.00% ( 50.00 % ) 41 01/06 $ 30000 1551 20131555 broadway ( 13 ) sutton 10.00% ( 10.00 % ) 10.00% ( 10.00 % ) 26 07/05 $ 80100 717 fifth avenue ( 14 ) sutton/nakash 32.75% ( 32.75 % ) 32.75% ( 32.75 % ) 120 09/06 $ 251900 ( 1 ) acquisition price represents the actual or implied purchase price for the joint venture . ( 2 ) we acquired our interest from the mcgraw-hill companies , or mhc . mhc is a tenant at the property and accounted for approximately 14.7% ( 14.7 % ) of the property 2019s annualized rent at december 31 , 2009 . we do not manage this joint venture . ( 3 ) under a tax protection agreement established to protect the limited partners of the partnership that transferred 1515 broadway to the joint venture , the joint venture has agreed not to adversely affect the limited partners 2019 tax positions before december 2011 . one tenant , whose leases primarily ends in 2015 , represents approximately 77.4% ( 77.4 % ) of this joint venture 2019s annualized rent at december 31 , 2009 . ( 4 ) effective november 2006 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 5 ) we invested approximately $ 109.5 million in this asset through the origination of a loan secured by up to 47% ( 47 % ) of the interests in the property 2019s ownership , with an option to convert the loan to an equity interest . certain existing members have the right to re-acquire approximately 4% ( 4 % ) of the property 2019s equity . these interests were re-acquired in december 2008 and reduced our interest to 42.95% ( 42.95 % ) ( 6 ) effective april 2007 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 7 ) we have the ability to syndicate our interest down to 14.79% ( 14.79 % ) . ( 8 ) we , along with gramercy , together as tenants-in-common , acquired a fee interest in 2 herald square . the fee interest is subject to a long-term operating lease . ( 9 ) we , along with gramercy , together as tenants-in-common , acquired a fee and leasehold interest in 885 third avenue . the fee and leasehold interests are subject to a long-term operating lease . ( 10 ) we , along with onyx acquired the remaining 50% ( 50 % ) interest on a pro-rata basis in september 2009 . ( 11 ) the property is subject to a 13-year triple-net lease arrangement with a single tenant . ( 12 ) effective may 2008 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 13 ) effective august 2008 , we deconsolidated this investment . as a result of the sale of 80% ( 80 % ) of our interest , the joint venture was no longer a vie . ( 14 ) effective september 2008 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary. .\nQuestion: what was the acquisition of 100 park avenue, converted to the ten millions?\nAnswer: 95800000.0\nQuestion: and the economic interest on that property?\n" }, { "role": "agent", "content": "0.499" } ]
CONVFINQA10260	[ { "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\ncontributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules . there were no contributions to our legacy qualified defined benefit pension plans during 2016 . we do not plan to make contributions to our legacy pension plans in 2017 because none are required using current assumptions including investment returns on plan assets . we made $ 23 million in contributions during 2016 to our newly established sikorsky pension plan and expect to make $ 45 million in contributions to this plan during 2017 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022 2013 2026</td></tr><tr><td>2</td><td>qualified defined benefit pension plans</td><td>$ 2260</td><td>$ 2340</td><td>$ 2420</td><td>$ 2510</td><td>$ 2590</td><td>$ 13920</td></tr><tr><td>3</td><td>retiree medical and life insurance plans</td><td>180</td><td>180</td><td>190</td><td>190</td><td>190</td><td>870</td></tr></table> defined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees . under the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents . our contributions were $ 617 million in 2016 , $ 393 million in 2015 and $ 385 million in 2014 , the majority of which were funded in our common stock . our defined contribution plans held approximately 36.9 million and 40.0 million shares of our common stock as of december 31 , 2016 and 2015 . note 12 2013 stockholders 2019 equity at december 31 , 2016 and 2015 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock . of the 290 million shares of common stock issued and outstanding as of december 31 , 2016 , 289 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . of the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . no shares of preferred stock were issued and outstanding at december 31 , 2016 or 2015 . repurchases of common stock during 2016 , we repurchased 8.9 million shares of our common stock for $ 2.1 billion . during 2015 and 2014 , we paid $ 3.1 billion and $ 1.9 billion to repurchase 15.2 million and 11.5 million shares of our common stock . on september 22 , 2016 , our board of directors approved a $ 2.0 billion increase to our share repurchase program . inclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.5 billion as of december 31 , 2016 . as we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital . due to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 1.7 billion and $ 2.4 billion recorded as a reduction of retained earnings in 2016 and 2015 . we paid dividends totaling $ 2.0 billion ( $ 6.77 per share ) in 2016 , $ 1.9 billion ( $ 6.15 per share ) in 2015 and $ 1.8 billion ( $ 5.49 per share ) in 2014 . we have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2016 . we declared quarterly dividends of $ 1.65 per share during each of the first three quarters of 2016 and $ 1.82 per share during the fourth quarter of 2016 ; $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; and $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014. .\nQuestion: what was the value of shares repurchased during 2015, divided by 1000?\nAnswer: 0.0031\nQuestion: how many shares were repurchased in 2015?\nAnswer: 15.2\nQuestion: what was the average price per share?\n" }, { "role": "agent", "content": "0.0002" } ]
CONVFINQA10186	[ { "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\nperformance graph the following graph shows a five-year comparison of the cumulative total return on our common stock , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index from april 24 , 2009 through april 25 , 2014 . the past performance of our common stock is not indicative of the future performance of our common stock . comparison of 5 year cumulative total return* among netapp , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . <table class='wikitable'><tr><td>1</td><td>-</td><td>4/09</td><td>4/10</td><td>4/11</td><td>4/12</td><td>4/13</td><td>4/14</td></tr><tr><td>2</td><td>netapp inc .</td><td>$ 100.00</td><td>$ 189.45</td><td>$ 284.75</td><td>$ 212.19</td><td>$ 190.66</td><td>$ 197.58</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>144.63</td><td>170.44</td><td>182.57</td><td>202.25</td><td>253.22</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>138.84</td><td>162.75</td><td>170.49</td><td>199.29</td><td>240.02</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>143.49</td><td>162.37</td><td>186.06</td><td>189.18</td><td>236.12</td></tr></table> we believe that a number of factors may cause the market price of our common stock to fluctuate significantly . see 201citem 1a . risk factors . 201d sale of unregistered securities .\nQuestion: what is the value of netapp inc on 4/14 less 100?\n" }, { "role": "agent", "content": "97.58" } ]
CONVFINQA2698	[ { "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 was the net change in value of cash from operating activities from 2010 to 2011?\nAnswer: 3238.0\nQuestion: what was the value of cash in 2010?\n" }, { "role": "agent", "content": "3835.0" } ]
CONVFINQA72	[ { "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 ) 19 . subsequent events 12.25% ( 12.25 % ) senior subordinated discount notes and warrants offering 2014in january 2003 , the company issued 808000 units , each consisting of ( 1 ) $ 1000 principal amount at maturity of the 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 of a wholly owned subsidiary of the company ( ati notes ) and ( 2 ) a warrant to purchase 14.0953 shares of class a common stock of the company , for gross proceeds of $ 420.0 million . the gross offering proceeds were allocated between the ati notes ( $ 367.4 million ) and the fair value of the warrants ( $ 52.6 million ) . net proceeds from the offering aggregated approximately $ 397.0 million and were or will be used for the purposes described below under amended and restated loan agreement . the ati notes accrue no cash interest . instead , the accreted value of each ati note will increase between the date of original issuance and maturity ( august 1 , 2008 ) at a rate of 12.25% ( 12.25 % ) per annum . the 808000 warrants that were issued together with the ati notes each represent the right to purchase 14.0953 shares of class a common stock at $ 0.01 per share . the warrants are exercisable at any time on or after january 29 , 2006 and will expire on august 1 , 2008 . as of the issuance date , the warrants represented approximately 5.5% ( 5.5 % ) of the company 2019s outstanding common stock ( assuming exercise of all warrants ) . the indenture governing the ati notes contains covenants that , among other things , limit the ability of the issuer subsidiary and its guarantors to incur or guarantee additional indebtedness , create liens , pay dividends or make other equity distributions , enter into agreements restricting the restricted subsidiaries 2019 ability to pay dividends , purchase or redeem capital stock , make investments and sell assets or consolidate or merge with or into other companies . the ati notes rank junior in right of payment to all existing and future senior indebtedness , including all indebtedness outstanding under the credit facilities , and are structurally senior in right of payment to all existing and future indebtedness of the company . amended and restated loan agreement 2014on february 21 , 2003 , the company completed an amendment to its credit facilities . the amendment provides for the following : 2022 prepayment of a portion of outstanding term loans . the company agreed to prepay an aggregate of $ 200.0 million of the term loans outstanding under the credit facilities from a portion of the net proceeds of the ati notes offering completed in january 2003 . this prepayment consisted of a $ 125.0 million prepayment of the term loan a and a $ 75.0 million prepayment of the term loan b , each to be applied to reduce future scheduled principal payments . giving effect to the prepayment of $ 200.0 million of term loans under the credit facility and the issuance of the ati notes as discussed above as well as the paydown of debt from net proceeds of the sale of mtn ( $ 24.5 million in february 2003 ) , the company 2019s aggregate principal payments of long- term debt , including capital leases , for the next five years and thereafter are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2003</td><td>$ 268496</td></tr><tr><td>2</td><td>2004</td><td>131262</td></tr><tr><td>3</td><td>2005</td><td>195082</td></tr><tr><td>4</td><td>2006</td><td>538479</td></tr><tr><td>5</td><td>2007</td><td>1065437</td></tr><tr><td>6</td><td>thereafter</td><td>1408783</td></tr><tr><td>7</td><td>total</td><td>$ 3607539</td></tr></table> .\nQuestion: what is the sum value of expected payments for principal of long-term debt in 2003 and 2004?\nAnswer: 399758.0\nQuestion: what is the total sum value including 2005?\n" }, { "role": "agent", "content": "594840.0" } ]
CONVFINQA827	[ { "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\nassets ( including trade receivables ) that are in the scope of the update . asu 2016-13 also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees . the guidance will become effective for us on january 1 , 2020 . early adoption is permitted for periods beginning on or after january 1 , 2019 . we are evaluating the effect of asu 2016-13 on our consolidated financial statements . note 2 2014 acquisitions the transactions described below were accounted for as business combinations , which requires that we record the assets acquired and liabilities assumed at fair value as of the acquisition date . on october 17 , 2018 , we acquired sicom systems , inc . ( 201csicom 201d ) for total purchase consideration of $ 409.2 million , which we funded with cash on hand and by drawing on our revolving credit facility ( described in 201cnote 8 2014 long-term debt and lines of credit 201d ) . sicom is a provider of end-to-end enterprise , cloud-based software solutions and other technologies to quick service restaurants and food service management companies . sicom 2019s technologies are complementary to our existing xenial solutions , and we believe this acquisition will expand our software-driven payments strategy by enabling us to increase our capabilities and expand on our existing presence in the restaurant vertical market . prior to the acquisition , sicom was indirectly owned by a private equity investment firm where one of our board members is a partner and investor . his direct interest in the transaction was approximately $ 1.1 million , the amount distributed to him based on his investment interest in the fund of the private equity firm that sold sicom to us . based on consideration of all relevant information , the audit committee of our board of directors recommended that the board approve the acquisition of sicom , which it did . the provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed as of december 31 , 2018 , including a reconciliation to the total purchase consideration , were as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>cash and cash equivalents</td><td>$ 7540</td></tr><tr><td>2</td><td>property and equipment</td><td>5943</td></tr><tr><td>3</td><td>identified intangible assets</td><td>188294</td></tr><tr><td>4</td><td>other assets</td><td>22278</td></tr><tr><td>5</td><td>deferred income taxes</td><td>-48448 ( 48448 )</td></tr><tr><td>6</td><td>other liabilities</td><td>-31250 ( 31250 )</td></tr><tr><td>7</td><td>total identifiable net assets</td><td>144357</td></tr><tr><td>8</td><td>goodwill</td><td>264844</td></tr><tr><td>9</td><td>total purchase consideration</td><td>$ 409201</td></tr></table> as of december 31 , 2018 , we considered these balances to be provisional because we were still in the process of determining the final purchase consideration , which is subject to adjustment pursuant to the purchase agreement , and gathering and reviewing information to support the valuations of the assets acquired and liabilities assumed . goodwill arising from the acquisition of $ 264.8 million , included in the north america segment , was attributable to expected growth opportunities , an assembled workforce and potential synergies from combining our existing businesses . we expect that approximately $ 50 million of the goodwill from this acquisition will be deductible for income tax purposes . 74 2013 global payments inc . \| 2018 form 10-k annual report .\nQuestion: what was the value of cash and cash equivalents as of 12/31/18?\nAnswer: 7540.0\nQuestion: and for property and equipment?\n" }, { "role": "agent", "content": "5943.0" } ]
CONVFINQA5791	[ { "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\ninterest expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td></tr><tr><td>2</td><td>interest incurred</td><td>$ 150.5</td><td>$ 150.0</td></tr><tr><td>3</td><td>less : capitalized interest</td><td>13.5</td><td>19.5</td></tr><tr><td>4</td><td>interest expense</td><td>$ 137.0</td><td>$ 130.5</td></tr></table> interest incurred increased $ .5 as interest expense associated with financing the lu'an joint venture was mostly offset by favorable impacts from currency , a lower average interest rate on the debt portfolio , and a lower average debt balance . capitalized interest decreased 31% ( 31 % ) , or $ 6.0 , due to a decrease in the carrying value of projects under construction , primarily driven by the lu'an project in asia . other non-operating income ( expense ) , net other non-operating income ( expense ) , net of $ 66.7 increased $ 61.6 , primarily due to lower pension settlement losses , higher non-service pension income , and higher interest income on cash and cash items . the prior year included pension settlement losses of $ 43.7 ( $ 33.2 after-tax , or $ .15 per share ) primarily in connection with the transfer of certain pension assets and payment obligations to an insurer for our u.s . salaried and hourly plans . in fiscal year 2019 , we recognized a pension settlement loss of $ 5.0 ( $ 3.8 after-tax , or $ .02 per share ) associated with the u.s . supplementary pension plan during the second quarter . net income and net income margin net income of $ 1809.4 increased 18% ( 18 % ) , or $ 276.5 , primarily due to impacts from the u.s . tax cuts and jobs act , positive pricing , and favorable volumes . net income margin of 20.3% ( 20.3 % ) increased 310 bp . adjusted ebitda and adjusted ebitda margin adjusted ebitda of $ 3468.0 increased 11% ( 11 % ) , or $ 352.5 , primarily due to positive pricing and higher volumes , partially offset by unfavorable currency . adjusted ebitda margin of 38.9% ( 38.9 % ) increased 400 bp , primarily due to higher volumes , positive pricing , and the india contract modification . the india contract modification contributed 80 bp . effective tax rate the effective tax rate equals the income tax provision divided by income from continuing operations before taxes . the effective tax rate was 21.0% ( 21.0 % ) and 26.0% ( 26.0 % ) in fiscal years 2019 and 2018 , respectively . the current year rate was lower primarily due to impacts related to the enactment of the u.s . tax cuts and jobs act ( the 201ctax act\" ) in 2018 , which significantly changed existing u.s . tax laws , including a reduction in the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) , a deemed repatriation tax on unremitted foreign earnings , as well as other changes . as a result of the tax act , our income tax provision reflects discrete net income tax costs of $ 43.8 and $ 180.6 in fiscal years 2019 and 2018 , respectively . the current year included a cost of $ 56.2 ( $ .26 per share ) for the reversal of a benefit recorded in 2018 related to the u.s . taxation of deemed foreign dividends . we recorded this reversal based on regulations issued in 2019 . the 2019 reversal was partially offset by a favorable adjustment of $ 12.4 ( $ .06 per share ) that was recorded as we completed our estimates of the impacts of the tax act . this adjustment is primarily related to foreign tax items , including the deemed repatriation tax for foreign tax redeterminations . in addition , the current year rate included a net gain on the exchange of two equity affiliates of $ 29.1 , which was not a taxable transaction . the higher 2018 expense resulting from the tax act was partially offset by a $ 35.7 tax benefit from the restructuring of foreign subsidiaries , a $ 9.1 benefit from a foreign audit settlement agreement , and higher excess tax benefits on share-based compensation . the adjusted effective tax rate was 19.4% ( 19.4 % ) and 18.6% ( 18.6 % ) in fiscal years 2019 and 2018 , respectively . the lower prior year rate was primarily due to the $ 9.1 benefit from a foreign audit settlement agreement and higher excess tax benefits on share-based compensation. .\nQuestion: what was the difference in the effective tax rate between 2018 and 2019?\n" }, { "role": "agent", "content": "0.05" } ]
CONVFINQA4469	[ { "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 connection with our assessment of impairment we recorded gross other-than-temporary impairment of $ 1.15 billion for 2009 , compared to $ 122 million for 2008 . of the total recorded , $ 227 million related to credit and was recognized in our consolidated statement of income . the remaining $ 928 million related to factors other than credit , more fully discussed below , and was recognized , net of related taxes , in oci in our consolidated statement of condition . the $ 227 million was composed of $ 151 million associated with expected credit losses , $ 54 million related to management 2019s decision to sell the impaired securities prior to their recovery in value , and $ 22 million related to adverse changes in the timing of expected future cash flows from the securities . the majority of the impairment losses related to non-agency securities collateralized by mortgages , for which management concluded had experienced credit losses based on the present value of the securities 2019 expected future cash flows . these securities are classified as asset-backed securities in the foregoing investment securities tables . as described in note 1 , management periodically reviews the fair values of investment securities to determine if other-than-temporary impairment has occurred . this review encompasses all investment securities and includes such quantitative factors as current and expected future interest rates and the length of time that a security 2019s cost basis has exceeded its fair value , and includes investment securities for which we have issuer- specific concerns regardless of quantitative factors . gains and losses related to investment securities were as follows for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>gross gains from sales of available-for-sale securities</td><td>$ 418</td><td>$ 100</td><td>$ 24</td></tr><tr><td>3</td><td>gross losses from sales of available-for-sale securities</td><td>-50 ( 50 )</td><td>-32 ( 32 )</td><td>-17 ( 17 )</td></tr><tr><td>4</td><td>gross losses from other-than-temporary impairment</td><td>-1155 ( 1155 )</td><td>-122 ( 122 )</td><td>-34 ( 34 )</td></tr><tr><td>5</td><td>losses not related to credit ( 1 )</td><td>928</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>net impairment losses</td><td>-227 ( 227 )</td><td>-122 ( 122 )</td><td>-34 ( 34 )</td></tr><tr><td>7</td><td>gains ( losses ) related to investment securities net</td><td>$ 141</td><td>$ -54 ( 54 )</td><td>$ -27 ( 27 )</td></tr></table> ( 1 ) these losses were recognized as a component of oci ; see note 12 . we conduct periodic reviews to evaluate each security that is impaired . impairment exists when the current fair value of an individual security is below its amortized cost basis . for debt securities available for sale and held to maturity , other-than-temporary impairment is recorded in our consolidated statement of income when management intends to sell ( or may be required to sell ) securities before they recover in value , or when management expects the present value of cash flows expected to be collected to be less than the amortized cost of the impaired security ( a credit loss ) . our review of impaired securities generally includes : 2022 the identification and evaluation of securities that have indications of possible other-than-temporary impairment , such as issuer-specific concerns including deteriorating financial condition or bankruptcy ; 2022 the analysis of expected future cash flows of securities , based on quantitative and qualitative factors ; 2022 the analysis of the collectability of those future cash flows , including information about past events , current conditions and reasonable and supportable forecasts ; 2022 the analysis of individual impaired securities , including consideration of the length of time the security has been in an unrealized loss position and the anticipated recovery period ; 2022 the discussion of evidential matter , including an evaluation of factors or triggers that could cause individual securities to be deemed other-than-temporarily impaired and those that would not support other-than-temporary impairment ; and 2022 documentation of the results of these analyses . factors considered in determining whether impairment is other than temporary include : 2022 the length of time the security has been impaired; .\nQuestion: what was the gross gains from sales of available for sale securities in 2009?\nAnswer: 418.0\nQuestion: and in 2008?\nAnswer: 100.0\nQuestion: so what was the change in value between these two years?\nAnswer: 318.0\nQuestion: and the value for 2008 again?\nAnswer: 100.0\nQuestion: and the percentage change?\n" }, { "role": "agent", "content": "3.18" } ]
CONVFINQA4590	[ { "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: what was the value of client deposits at the end of 2017?\nAnswer: 180149.0\nQuestion: what was the value at the end of 2018?\n" }, { "role": "agent", "content": "176693.0" } ]
CONVFINQA11082	[ { "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\nincome and franchise tax provisions are allocable to contracts in process and , accordingly , are included in general and administrative expenses . deferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement purposes than for tax return purposes . deferred tax asset or liability account balances are calculated at the balance sheet date using current tax laws and rates in effect . determinations of the expected realizability of deferred tax assets and the need for any valuation allowances against these deferred tax assets were evaluated based upon the stand-alone tax attributes of the company , and valuation allowances of $ 21 million and $ 18 million were deemed necessary as of december 31 , 2012 and 2011 , respectively . uncertain tax positions meeting the more-likely-than-not recognition threshold , based on the merits of the position , are recognized in the financial statements . we recognize the amount of tax benefit that is greater than 50% ( 50 % ) likely to be realized upon ultimate settlement with the related tax authority . if a tax position does not meet the minimum statutory threshold to avoid payment of penalties , we recognize an expense for the amount of the penalty in the period the tax position is claimed or expected to be claimed in our tax return . penalties , if probable and reasonably estimable , are recognized as a component of income tax expense . we also recognize accrued interest related to uncertain tax positions in income tax expense . the timing and amount of accrued interest is determined by the applicable tax law associated with an underpayment of income taxes . see note 11 : income taxes . under existing gaap , changes in accruals associated with uncertainties are recorded in earnings in the period they are determined . cash and cash equivalents - the carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature of these items , having original maturity dates of 90 days or less . accounts receivable - accounts receivable include amounts billed and currently due from customers , amounts currently due but unbilled , certain estimated contract change amounts , claims or requests for equitable adjustment in negotiation that are probable of recovery , and amounts retained by the customer pending contract completion . inventoried costs - inventoried costs primarily relate to work in process under contracts that recognize revenues using labor dollars or units of delivery as the basis of the percentage-of-completion calculation . these costs represent accumulated contract costs less cost of sales , as calculated using the percentage-of-completion method . accumulated contract costs include direct production costs , factory and engineering overhead , production tooling costs , and , for government contracts , allowable general and administrative expenses . according to the provisions of the company's u.s . government contracts , the customer asserts title to , or a security interest in , inventories related to such contracts as a result of contract advances , performance-based payments , and progress payments . in accordance with industry practice , inventoried costs are classified as a current asset and include amounts related to contracts having production cycles longer than one year . inventoried costs also include company owned raw materials , which are stated at the lower of cost or market , generally using the average cost method . property , plant , and equipment - depreciable properties owned by the company are recorded at cost and depreciated over the estimated useful lives of individual assets . costs incurred for computer software developed or obtained for internal use are capitalized and amortized over the expected useful life of the software , not to exceed nine years . leasehold improvements are amortized over the shorter of their useful lives or the term of the lease . the remaining assets are depreciated using the straight-line method , with the following lives: . <table class='wikitable'><tr><td>1</td><td>land improvements</td><td>years 3</td><td>years -</td><td>years 45</td></tr><tr><td>2</td><td>buildings and improvements</td><td>3</td><td>-</td><td>60</td></tr><tr><td>3</td><td>capitalized software costs</td><td>3</td><td>-</td><td>9</td></tr><tr><td>4</td><td>machinery and other equipment</td><td>2</td><td>-</td><td>45</td></tr></table> the company evaluates the recoverability of its property , plant and equipment when there are changes in economic circumstances or business objectives that indicate the carrying value may not be recoverable . the company's evaluations include estimated future cash flows , profitability and other factors in determining fair value . as these assumptions and estimates may change over time , it may or may not be necessary to record impairment charges. .\nQuestion: what was the net change in valuation allowance from 2011 to 2012?\nAnswer: 3.0\nQuestion: what was the valuation allowance in 2011?\nAnswer: 18.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.16667" } ]
CONVFINQA9467	[ { "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\nfederal realty investment trust schedule iii summary of real estate and accumulated depreciation 2014continued three years ended december 31 , 2006 reconciliation of accumulated depreciation and amortization ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>balance december 31 2003</td><td>$ 514177</td></tr><tr><td>2</td><td>additions during period 2014depreciation and amortization expense</td><td>82551</td></tr><tr><td>3</td><td>deductions during period 2014disposition and retirements of property</td><td>-1390 ( 1390 )</td></tr><tr><td>4</td><td>balance december 31 2004</td><td>595338</td></tr><tr><td>5</td><td>additions during period 2014depreciation and amortization expense</td><td>83656</td></tr><tr><td>6</td><td>deductions during period 2014disposition and retirements of property</td><td>-15244 ( 15244 )</td></tr><tr><td>7</td><td>balance december 31 2005</td><td>663750</td></tr><tr><td>8</td><td>additions during period 2014depreciation and amortization expense</td><td>89564</td></tr><tr><td>9</td><td>deductions during period 2014disposition and retirements of property</td><td>-12807 ( 12807 )</td></tr><tr><td>10</td><td>balance december 31 2006</td><td>$ 740507</td></tr></table> .\nQuestion: what were the deductions during 2004?\nAnswer: 1390.0\nQuestion: what were the deductions during 2005?\nAnswer: 15244.0\nQuestion: what is the sum of those deductions?\nAnswer: 16634.0\nQuestion: what were the deductions during 2006?\nAnswer: 12807.0\nQuestion: what is the total sum of deductions for the 3 years?\n" }, { "role": "agent", "content": "29441.0" } ]
CONVFINQA1622	[ { "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 ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama . we are the primary obligor under this lease . under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease . this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions . ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania . we are the primary obligor under this lease . under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease . this lease is an amortizing financing with a final maturity of 2012 . ( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios . in february 2008 , the outstanding balance was repaid and the facility was terminated . ( i ) these notes are senior secured notes of marathon oil canada corporation . the notes were secured by substantially all of marathon oil canada corporation 2019s assets . in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes . ( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction . the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million . ( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million . of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero . ( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable . ( m ) see note 17 for information on interest rate swaps . on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 . interest on both issues is payable semi- annually beginning august 15 , 2009 . 21 . asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>asset retirement obligations as of january 1</td><td>$ 1134</td><td>$ 1044</td></tr><tr><td>3</td><td>liabilities incurred including acquisitions</td><td>30</td><td>60</td></tr><tr><td>4</td><td>liabilities settled</td><td>-94 ( 94 )</td><td>-10 ( 10 )</td></tr><tr><td>5</td><td>accretion expense ( included in depreciation depletion and amortization )</td><td>66</td><td>61</td></tr><tr><td>6</td><td>revisions to previous estimates</td><td>24</td><td>-17 ( 17 )</td></tr><tr><td>7</td><td>held for sale ( a )</td><td>-195 ( 195 )</td><td>2013</td></tr><tr><td>8</td><td>deconsolidation of egholdings</td><td>2013</td><td>-4 ( 4 )</td></tr><tr><td>9</td><td>asset retirement obligations as of december 31 ( b )</td><td>$ 965</td><td>$ 1134</td></tr></table> asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale . ( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .\nQuestion: what was the total of asset retirement obligations in 2008?\nAnswer: 965.0\nQuestion: and what was it in 2007?\nAnswer: 1134.0\nQuestion: what was, then, the change over the year?\nAnswer: -169.0\nQuestion: and what is this change as a portion of the 2007 total?\n" }, { "role": "agent", "content": "-0.14903" } ]
CONVFINQA10828	[ { "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 the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d . 1 . nature of operations operations and segmentation 2013 we are a class i railroad that operates in the united states . we have 32094 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways . we serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico . export and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders . the railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment . although revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network . the following table provides revenue by commodity group : millions of dollars 2009 2008 2007 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>agricultural</td><td>$ 2666</td><td>$ 3174</td><td>$ 2605</td></tr><tr><td>3</td><td>automotive</td><td>854</td><td>1344</td><td>1458</td></tr><tr><td>4</td><td>chemicals</td><td>2102</td><td>2494</td><td>2287</td></tr><tr><td>5</td><td>energy</td><td>3118</td><td>3810</td><td>3134</td></tr><tr><td>6</td><td>industrial products</td><td>2147</td><td>3273</td><td>3077</td></tr><tr><td>7</td><td>intermodal</td><td>2486</td><td>3023</td><td>2925</td></tr><tr><td>8</td><td>total freight revenues</td><td>$ 13373</td><td>$ 17118</td><td>$ 15486</td></tr><tr><td>9</td><td>other revenues</td><td>770</td><td>852</td><td>797</td></tr><tr><td>10</td><td>total operating revenues</td><td>$ 14143</td><td>$ 17970</td><td>$ 16283</td></tr></table> although our revenues are principally derived from customers domiciled in the united states , the ultimate points of origination or destination for some products transported are outside the united states . basis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the united states of america ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) . subsequent events evaluation 2013 we evaluated the effects of all subsequent events through february 5 , 2010 , the date of this report , which is concurrent with the date we file this report with the u.s . securities and exchange commission ( sec ) . 2 . significant accounting policies change in accounting principle 2013 we have historically accounted for rail grinding costs as a capital asset . beginning in the first quarter of 2010 , we will change our accounting policy for rail grinding costs .\nQuestion: what was the freight revenue in 2009?\n" }, { "role": "agent", "content": "13373.0" } ]
CONVFINQA1930	[ { "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\n30 2018 ppg annual report and 10-k foreign currency translation partially offset by : cost reclassifications associated with the adoption of the new revenue recognition standard . refer to note 2 , \"revenue recognition\" within part 2 of this form 10-k cost management including restructuring cost savings 2017 vs . 2016 selling , general and administrative expenses decreased $ 1 million primarily due to : lower net periodic pension and other postretirement benefit costs lower selling and advertising costs restructuring cost savings partially offset by : wage and other cost inflation selling , general and administrative expenses from acquired businesses foreign currency translation other charges and other income . <table class='wikitable'><tr><td>1</td><td>( $ in millions except percentages )</td><td>2018</td><td>% ( % ) change 2017</td><td>% ( % ) change 2016</td><td>% ( % ) change 2018 vs . 2017</td><td>% ( % ) change 2017 vs . 2016</td></tr><tr><td>2</td><td>interest expense net of interest income</td><td>$ 95</td><td>$ 85</td><td>$ 99</td><td>11.8% ( 11.8 % )</td><td>( 14.1 ) % ( % )</td></tr><tr><td>3</td><td>business restructuring net</td><td>$ 66</td><td>$ 2014</td><td>$ 191</td><td>n/a</td><td>( 100.0 ) % ( % )</td></tr><tr><td>4</td><td>pension settlement charges</td><td>$ 2014</td><td>$ 60</td><td>$ 968</td><td>( 100.0 ) % ( % )</td><td>( 93.8 ) % ( % )</td></tr><tr><td>5</td><td>other charges</td><td>$ 122</td><td>$ 74</td><td>$ 242</td><td>64.9% ( 64.9 % )</td><td>( 69.4 ) % ( % )</td></tr><tr><td>6</td><td>other income</td><td>( $ 114 )</td><td>( $ 150 )</td><td>( $ 127 )</td><td>( 24.0 ) % ( % )</td><td>18.1% ( 18.1 % )</td></tr></table> interest expense , net of interest income interest expense , net of interest income increased $ 10 million in 2018 versus 2017 primarily due to the issuance of long- term debt in early 2018 . interest expense , net of interest income decreased $ 14 million in 2017 versus 2016 due to lower interest rate debt outstanding in 2017 . business restructuring , net a pretax restructuring charge of $ 83 million was recorded in the second quarter of 2018 , offset by certain changes in estimates to complete previously recorded programs of $ 17 million . a pretax charge of $ 191 million was recorded in 2016 . refer to note 8 , \"business restructuring\" in item 8 of this form 10-k for additional information . pension settlement charges during 2017 , ppg made lump-sum payments to certain retirees who had participated in ppg's u.s . qualified and non- qualified pension plans totaling approximately $ 127 million . as the lump-sum payments were in excess of the expected 2017 service and interest costs for the affected plans , ppg remeasured the periodic benefit obligation of these plans in the period payments were made and recorded settlement charges totaling $ 60 million ( $ 38 million after-tax ) during 2017 . during 2016 , ppg permanently transferred approximately $ 1.8 billion of its u.s . and canadian pension obligations and assets to several highly rated insurance companies . these actions triggered remeasurement and partial settlement of certain of the company 2019s defined benefit pension plans . ppg recognized a $ 968 million pre-tax settlement charge in connection with these transactions . refer to note 13 , \"employee benefit plans\" in item 8 of this form 10-k for additional information . other charges other charges in 2018 and 2016 were higher than 2017 primarily due to environmental remediation charges . these charges were principally for environmental remediation at a former chromium manufacturing plant and associated sites in new jersey . refer to note 14 , \"commitments and contingent liabilities\" in item 8 of this form 10-k for additional information . other income other income was lower in 2018 and 2016 than in 2017 primarily due to the gain from the sale of the mexican plaka business of $ 25 million and income from a legal settlement of $ 18 million in 2017 . refer to note 3 , \"acquisitions and divestitures\" in item 8 of this form 10-k for additional information. .\nQuestion: what was the pretax restructuring charge in the second quarter of 2018?\n" }, { "role": "agent", "content": "83.0" } ]
CONVFINQA3849	[ { "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 the following table summarizes the preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : preliminary purchase price allocation . <table class='wikitable'><tr><td>1</td><td>-</td><td>preliminary purchase price allocation</td></tr><tr><td>2</td><td>non-current assets</td><td>$ 24460</td></tr><tr><td>3</td><td>property and equipment</td><td>138959</td></tr><tr><td>4</td><td>intangible assets ( 1 )</td><td>117990</td></tr><tr><td>5</td><td>other non-current liabilities</td><td>-18195 ( 18195 )</td></tr><tr><td>6</td><td>fair value of net assets acquired</td><td>$ 263214</td></tr><tr><td>7</td><td>goodwill ( 2 )</td><td>47481</td></tr></table> ( 1 ) consists of customer-related intangibles of approximately $ 80.0 million and network location intangibles of approximately $ 38.0 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . ghana acquisition 2014on december 6 , 2010 , the company entered into a definitive agreement with mtn group limited ( 201cmtn group 201d ) to establish a joint venture in ghana . the joint venture is controlled by a holding company of which a wholly owned subsidiary of the company ( the 201catc ghana subsidiary 201d ) holds a 51% ( 51 % ) interest and mobile telephone networks ( netherlands ) b.v. , a wholly owned subsidiary of mtn group ( the 201cmtn ghana subsidiary 201d ) holds a 49% ( 49 % ) interest . the joint venture is managed and controlled by the company and owns a tower operations company in ghana . pursuant to the agreement , on may 6 , 2011 , august 11 , 2011 and december 23 , 2011 , the joint venture acquired 400 , 770 and 686 communications sites , respectively , from mtn group 2019s operating subsidiary in ghana for an aggregate purchase price of $ 515.6 million ( including contingent consideration of $ 2.3 million and value added tax of $ 65.6 million ) . the aggregate purchase price was subsequently increased to $ 517.7 million ( including contingent consideration of $ 2.3 million and value added tax of $ 65.6 million ) after certain post-closing adjustments . under the terms of the purchase agreement , legal title to certain of the communications sites acquired on december 23 , 2011 will be transferred upon fulfillment of certain conditions by mtn group . prior to the fulfillment of these conditions , the company will operate and maintain control of these communications sites , and accordingly , reflect these sites in the allocation of purchase price and the consolidated operating results . in december 2011 , the company signed an amendment to its agreement with mtn group , which requires the company to make additional payments upon the conversion of certain barter agreements with other wireless carriers to cash-paying master lease agreements . the company currently estimates the fair value of remaining potential contingent consideration payments required to be made under the amended agreement to be between zero and $ 1.0 million and is estimated to be $ 0.9 million using a probability weighted average of the expected outcomes at december 31 , 2012 . the company has previously made payments under this arrangement of $ 2.6 million . during the year ended december 31 , 2012 , the company recorded an increase in fair value of $ 0.4 million as other operating expenses in the consolidated statements of operations. .\nQuestion: what was the amortization expense for the customer-related intangibles value?\nAnswer: 80.0\nQuestion: what was the value of network location intangibles?\nAnswer: 38.0\nQuestion: what is the sum?\nAnswer: 118.0\nQuestion: how many years is the amortization period?\n" }, { "role": "agent", "content": "20.0" } ]
CONVFINQA8161	[ { "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 difference in net revenue between 2009 and 2010?\nAnswer: 55.1\nQuestion: and the net wholesale revenue ?\n" }, { "role": "agent", "content": "27.7" } ]
CONVFINQA8937	[ { "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\nvornado realty trust 77 cash flows the company expects to contribute $ 959000 to the plans in 2004 . 11 . leases as lessor : the company leases space to tenants under operating leases . most of the leases provide for the payment of fixed base rentals payable monthly in advance . shopping center leases provide for the pass-through to tenants of real estate taxes , insurance and maintenance . office building leases generally require the tenants to reimburse the company for operating costs and real estate taxes above their base year costs . shopping center leases also provide for the payment by the lessee of additional rent based on a percentage of the tenants 2019 sales . as of december 31 , 2003 , future base rental revenue under non-cancelable operating leases , excluding rents for leases with an original term of less than one year and rents resulting from the exercise of renewal options , is as follows : ( amounts in thousands ) year ending december 31: . <table class='wikitable'><tr><td>1</td><td>2004</td><td>$ 1084934</td></tr><tr><td>2</td><td>2005</td><td>968162</td></tr><tr><td>3</td><td>2006</td><td>846345</td></tr><tr><td>4</td><td>2007</td><td>770228</td></tr><tr><td>5</td><td>2008</td><td>608267</td></tr><tr><td>6</td><td>thereafter</td><td>3423083</td></tr></table> these amounts do not include rentals based on tenants 2019 sales . these percentage rents approximated $ 3662000 , $ 1832000 , and $ 2157000 , for the years ended december 31 , 2003 , 2002 , and 2001 . except for the u.s . government , which accounted for 12.7% ( 12.7 % ) of the company 2019s revenue , none of the company 2019s tenants represented more than 10% ( 10 % ) of total revenues for the year ended december 31 , 2003 . former bradlees locations property rentals for the year ended december 31 , 2003 , include $ 5000000 of additional rent which , effective december 31 , 2002 , was re-allocated to the former bradlees locations in marlton , turnersville , bensalem and broomall and is payable by stop & shop , pursuant to the master agreement and guaranty , dated may 1 , 1992 . this amount is in addition to all other rent guaranteed by stop & shop for the former bradlees locations . on january 8 , 2003 , stop & shop filed a complaint with the united states district court claiming the company has no right to reallocate and therefore continue to collect the $ 5000000 of annual rent from stop & shop because of the expiration of the east brunswick , jersey city , middletown , union and woodbridge leases to which the $ 5000000 of additional rent was previously allocated . the company believes the additional rent provision of the guaranty expires at the earliest in 2012 and will vigorously oppose stop & shop 2019s complaint . in february 2003 , koninklijke ahold nv , parent of stop & shop , announced that it overstated its 2002 and 2001 earnings by at least $ 500 million and is under investigation by the u.s . justice department and securities and exchange commission . the company cannot predict what effect , if any , this situation may have on stop & shop 2019s ability to satisfy its obligation under the bradlees guarantees and rent for existing stop & shop leases aggregating approximately $ 10.5 million per annum . notes to consolidated financial statements sr-176_fin_l02p53_82v1.qxd 4/8/04 2:42 pm page 77 .\nQuestion: what was the percentage rent in 2002, in thousands?\nAnswer: 1832000.0\nQuestion: and what was it in 2001?\nAnswer: 2157000.0\nQuestion: what was, then, the total percentage rent in both years combined, in thousands?\nAnswer: 3989000.0\nQuestion: and in the subsequent year of 2002, what was the total of future noncancelable minimum rent amounts for 2004 and 2005, also in thousands?\n" }, { "role": "agent", "content": "2053096.0" } ]
CONVFINQA4920	[ { "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 goldman sachs group , inc . and subsidiaries item 9 . changes in and disagreements with accountants on accounting and financial disclosure there were no changes in or disagreements with accountants on accounting and financial disclosure during the last two years . item 9a . controls and procedures as of the end of the period covered by this report , an evaluation was carried out by goldman sachs 2019 management , with the participation of our chief executive officer and chief financial officer , of the effectiveness of our disclosure controls and procedures ( as defined in rule 13a-15 ( e ) under the exchange act ) . based upon that evaluation , our chief executive officer and chief financial officer concluded that these disclosure controls and procedures were effective as of the end of the period covered by this report . in addition , no change in our internal control over financial reporting ( as defined in rule 13a-15 ( f ) under the exchange act ) occurred during the fourth quarter of our year ended december 31 , 2018 that has materially affected , or is reasonably likely to materially affect , our internal control over financial reporting . management 2019s report on internal control over financial reporting and the report of independent registered public accounting firm are set forth in part ii , item 8 of this form 10-k . item 9b . other information not applicable . part iii item 10 . directors , executive officers and corporate governance information relating to our executive officers is included on page 20 of this form 10-k . information relating to our directors , including our audit committee and audit committee financial experts and the procedures by which shareholders can recommend director nominees , and our executive officers will be in our definitive proxy statement for our 2019 annual meeting of shareholders , which will be filed within 120 days of the end of 2018 ( 2019 proxy statement ) and is incorporated in this form 10-k by reference . information relating to our code of business conduct and ethics , which applies to our senior financial officers , is included in 201cbusiness 2014 available information 201d in part i , item 1 of this form 10-k . item 11 . executive compensation information relating to our executive officer and director compensation and the compensation committee of the board will be in the 2019 proxy statement and is incorporated in this form 10-k by reference . item 12 . security ownership of certain beneficial owners and management and related stockholder matters information relating to security ownership of certain beneficial owners of our common stock and information relating to the security ownership of our management will be in the 2019 proxy statement and is incorporated in this form 10-k by reference . the table below presents information as of december 31 , 2018 regarding securities to be issued pursuant to outstanding restricted stock units ( rsus ) and securities remaining available for issuance under our equity compensation plans that were in effect during 2018 . plan category securities to be issued exercise of outstanding options and rights ( a ) weighted average exercise price of outstanding options ( b ) securities available for future issuance under equity compensation plans ( c ) equity compensation plans approved by security holders 17176475 n/a 68211649 equity compensation plans not approved by security holders 2013 2013 2013 . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>securities to be issued upon exercise of outstanding options and rights ( a )</td><td>weighted average exercise price of outstanding options ( b )</td><td>securities available for future issuance under equity compensation plans ( c )</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>17176475</td><td>n/a</td><td>68211649</td></tr><tr><td>3</td><td>equity compensation plans not approved by securityholders</td><td>2013</td><td>2013</td><td>2013</td></tr><tr><td>4</td><td>total</td><td>17176475</td><td>-</td><td>68211649</td></tr></table> in the table above : 2030 securities to be issued upon exercise of outstanding options and rights includes 17176475 shares that may be issued pursuant to outstanding rsus . these awards are subject to vesting and other conditions to the extent set forth in the respective award agreements , and the underlying shares will be delivered net of any required tax withholding . as of december 31 , 2018 , there were no outstanding options . 2030 shares underlying rsus are deliverable without the payment of any consideration , and therefore these awards have not been taken into account in calculating the weighted average exercise price . 196 goldman sachs 2018 form 10-k .\nQuestion: what is the total securities to be issued upon exercise of outstanding options and rights?\nAnswer: 17176475.0\nQuestion: what about the total securities available for future issuance under equity compensation plans?\n" }, { "role": "agent", "content": "68211649.0" } ]
CONVFINQA4779	[ { "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 fffd ( continued ) the following table summarizes the weighted average life and the allocation to intangible assets recognized in the mps acquisition , excluding goodwill ( in millions ) : weighted avg . amounts recognized as the acquisition . <table class='wikitable'><tr><td>1</td><td>-</td><td>weighted avg.life</td><td>amountsrecognized as ofthe acquisitiondate</td></tr><tr><td>2</td><td>customer relationships</td><td>14.6</td><td>$ 1008.7</td></tr><tr><td>3</td><td>trademarks and tradenames</td><td>3.0</td><td>15.2</td></tr><tr><td>4</td><td>photo library</td><td>10.0</td><td>2.5</td></tr><tr><td>5</td><td>total</td><td>14.4</td><td>$ 1026.4</td></tr></table> none of the intangibles has significant residual value . we are amortizing the customer relationship intangibles over estimated useful lives ranging from 13 to 16 years based on a straight-line basis because the amortization pattern was not reliably determinable . star pizza acquisition on march 13 , 2017 , we completed the star pizza acquisition . the transaction provided us with a leadership position in the fast growing small-run pizza box market and increases our vertical integration . the purchase price was $ 34.6 million , net of a $ 0.7 million working capital settlement . we have fully integrated the approximately 22000 tons of containerboard used by star pizza annually . we have included the financial results of the acquired assets since the date of the acquisition in our corrugated packaging segment . the purchase price allocation for the acquisition primarily included $ 24.8 million of customer relationship intangible assets and $ 2.2 million of goodwill . we are amortizing the customer relationship intangibles over 10 years based on a straight-line basis because the amortization pattern was not reliably determinable . the fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition ( e.g. , enhanced reach of the combined organization and other synergies ) , and the assembled work force . the goodwill and intangibles are amortizable for income tax purposes . packaging acquisition on january 19 , 2016 , we completed the packaging acquisition . the entities acquired provide value-added folding carton and litho-laminated display packaging solutions . the purchase price was $ 94.1 million , net of cash received of $ 1.7 million , a working capital settlement and a $ 3.5 million escrow receipt in the first quarter of fiscal 2017 . the transaction is subject to an election under section 338 ( h ) ( 10 ) of the code that increases the u.s . tax basis in the acquired u.s . entities . we believe the transaction has provided us with attractive and complementary customers , markets and facilities . we have included the financial results of the acquired entities since the date of the acquisition in our consumer packaging segment . the purchase price allocation for the acquisition primarily included $ 55.0 million of property , plant and equipment , $ 10.5 million of customer relationship intangible assets , $ 9.3 million of goodwill and $ 25.8 million of liabilities , including $ 1.3 million of debt . we are amortizing the customer relationship intangibles over estimated useful lives ranging from 9 to 15 years based on a straight-line basis because the amortization pattern was not reliably determinable . the fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition ( e.g. , enhanced reach of the combined organization and other synergies ) , and the assembled work force . the goodwill and intangibles of the u.s . entities are amortizable for income tax purposes . sp fiber on october 1 , 2015 , we completed the sp fiber acquisition in a stock purchase . the transaction included the acquisition of mills located in dublin , ga and newberg , or , which produce lightweight recycled containerboard and kraft and bag paper . the newberg mill also produced newsprint . as part of the transaction , we also acquired sp fiber's 48% ( 48 % ) interest in gps . gps is a joint venture providing steam to the dublin mill and electricity to georgia power . the purchase price was $ 278.8 million , net of cash received of $ 9.2 million and a working capital .\nQuestion: what was the amount of goodwill from the overall purchase value of star pizza?\n" }, { "role": "agent", "content": "2.2" } ]
CONVFINQA4267	[ { "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 booking holdings nasdaq composite index s&p 500 rdg internet composite . <table class='wikitable'><tr><td>1</td><td>measurement pointdecember 31</td><td>booking holdings inc .</td><td>nasdaqcomposite index</td><td>s&p 500index</td><td>rdg internetcomposite</td></tr><tr><td>2</td><td>2013</td><td>100.00</td><td>100.00</td><td>100.00</td><td>100.00</td></tr><tr><td>3</td><td>2014</td><td>98.09</td><td>114.62</td><td>113.69</td><td>96.39</td></tr><tr><td>4</td><td>2015</td><td>109.68</td><td>122.81</td><td>115.26</td><td>133.20</td></tr><tr><td>5</td><td>2016</td><td>126.12</td><td>133.19</td><td>129.05</td><td>140.23</td></tr><tr><td>6</td><td>2017</td><td>149.50</td><td>172.11</td><td>157.22</td><td>202.15</td></tr><tr><td>7</td><td>2018</td><td>148.18</td><td>165.84</td><td>150.33</td><td>201.16</td></tr></table> .\nQuestion: what was the value of the nasdaq composite index in 2016?\n" }, { "role": "agent", "content": "133.19" } ]
CONVFINQA9442	[ { "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\nadvance auto parts , inc . and subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 . inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 . under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years . as a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 . historically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies . the increase in cost of sales for 2014 was the result of an increase in supply chain costs . product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method . product cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor . because product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method . inventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively . inventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312016</td><td>january 22016</td></tr><tr><td>2</td><td>inventories at fifo net</td><td>$ 4120030</td><td>$ 4009641</td></tr><tr><td>3</td><td>adjustments to state inventories at lifo</td><td>205838</td><td>165127</td></tr><tr><td>4</td><td>inventories at lifo net</td><td>$ 4325868</td><td>$ 4174768</td></tr></table> inventory quantities are tracked through a perpetual inventory system . the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory . in its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory . reserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends . the company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions . the company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit . in certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .\nQuestion: what was the change in inventories' affect on cash flow from operations with fifo net in 2016?\n" }, { "role": "agent", "content": "-110389.0" } ]
CONVFINQA3220	[ { "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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2006 and 2005. . <table class='wikitable'><tr><td>1</td><td>2006</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 32.68</td><td>$ 26.66</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>35.75</td><td>27.35</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>36.92</td><td>29.98</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>38.74</td><td>35.21</td></tr><tr><td>6</td><td>2005</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 19.28</td><td>$ 17.30</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>21.16</td><td>16.28</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>25.20</td><td>20.70</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>28.33</td><td>22.73</td></tr></table> on february 22 , 2007 , the closing price of our class a common stock was $ 40.38 per share as reported on the nyse . as of february 22 , 2007 , we had 419988395 outstanding shares of class a common stock and 623 registered holders . in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter . also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis . in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock . dividends we have never paid a dividend on any class of our common stock . we anticipate that we may retain future earnings , if any , to fund the development and growth of our business . the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests . under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby . the indenture governing the terms of the ati 7.25% ( 7.25 % ) notes prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . for more information about the restrictions under our credit facilities and our notes indentures , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 7 to our consolidated financial statements included in this annual report. .\nQuestion: what was the difference in the share price between 12/31/06 and 2/2207?\n" }, { "role": "agent", "content": "1.64" } ]
CONVFINQA2251	[ { "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?\nAnswer: 3.4\nQuestion: what about in 2018?\n" }, { "role": "agent", "content": "2.1" } ]
CONVFINQA4987	[ { "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\n2022 lower 2008 storage margins related to storage risk management positions and the impact of changes in natural gas prices on these positions ; and 2022 fewer opportunities to optimize storage capacity due to the significant decline in natural gas prices in the second half of 2008 ; o a decrease of $ 9.7 million in physical storage margins due to a lower of cost or market write-down on natural gas inventory ; and o a decrease of $ 2.1 million due to colder than anticipated weather and market conditions that increased the supply cost of managing our peaking and load-following services and provided fewer opportunities to increase margins through optimization activities , primarily in the first quarter of 2008 ; partially offset by o an increase of $ 15.8 million from changes in the unrealized fair value of derivative instruments associated with storage and marketing activities and improved marketing margins , which benefited from price movements and optimization activities . operating costs decreased primarily due to lower employee-related costs and depreciation expense . 2007 vs . 2006 - net margin decreased primarily due to : 2022 a decrease of $ 22.0 million in transportation margins , net of hedging activities , associated with changes in the unrealized fair value of derivative instruments and the impact of a force majeure event on the cheyenne plains gas pipeline , as more fully described below ; 2022 a decrease of $ 5.0 million in retail activities from lower physical margins due to market conditions and increased competition ; 2022 a decrease of $ 4.3 million in financial trading margins that was partially offset by 2022 an increase of $ 4.9 million in storage and marketing margins , net of hedging activities , related to : o an increase in physical storage margins , net of hedging activity , due to higher realized seasonal storage spreads and optimization activities ; partially offset by o a decrease in marketing margins ; and o a net increase in the cost associated with managing our peaking and load following services , slightly offset by higher demand fees collected for these services . in september 2007 , a portion of the volume contracted under our firm transportation agreement with cheyenne plains gas pipeline company was curtailed due to a fire at a cheyenne plains pipeline compressor station . the fire damaged a significant amount of instrumentation and electrical wiring , causing cheyenne plains gas pipeline company to declare a force majeure event on the pipeline . this firm commitment was hedged in accordance with statement 133 . the discontinuance of fair value hedge accounting on the portion of the firm commitment that was impacted by the force majeure event resulted in a loss of approximately $ 5.5 million that was recognized in the third quarter of 2007 , of which $ 2.4 million of insurance proceeds were recovered and recognized in the first quarter of 2008 . cheyenne plains gas pipeline company resumed full operations in november 2007 . operating costs decreased primarily due to decreased legal and employee-related costs , and reduced ad-valorem tax expense . 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 , 2008</td><td>years ended december 31 , 2007</td><td>years ended december 31 , 2006</td></tr><tr><td>2</td><td>natural gas marketed ( bcf )</td><td>1160</td><td>1191</td><td>1132</td></tr><tr><td>3</td><td>natural gas gross margin ( $ /mcf )</td><td>$ 0.07</td><td>$ 0.19</td><td>$ 0.22</td></tr><tr><td>4</td><td>physically settled volumes ( bcf )</td><td>2359</td><td>2370</td><td>2288</td></tr></table> our natural gas in storage at december 31 , 2008 , was 81.9 bcf , compared with 66.7 bcf at december 31 , 2007 . at december 31 , 2008 , our total natural gas storage capacity under lease was 91 bcf , compared with 96 bcf at december 31 , natural gas volumes marketed decreased slightly during 2008 , compared with 2007 , due to increased injections in the third quarter of 2008 . in addition , demand for natural gas was impacted by weather-related events in the third quarter of 2008 , including a 15 percent decrease in cooling degree-days and demand disruption caused by hurricane ike. .\nQuestion: what was the change in value of the natural gas gross margin from 2007 to 2008?\n" }, { "role": "agent", "content": "-0.12" } ]
CONVFINQA2606	[ { "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\naffiliated company . the loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations . in the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc . the impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company . during 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india . cesco is accounted for as a cost method investment . in may 2000 , the company completed the acquisition of 100% ( 100 % ) of tractebel power ltd ( 2018 2018tpl 2019 2019 ) for approximately $ 67 million and assumed liabilities of approximately $ 200 million . tpl owned 46% ( 46 % ) of nigen . the company also acquired an additional 6% ( 6 % ) interest in nigen from minority stockholders during the year ended december 31 , 2000 through the issuance of approximately 99000 common shares of aes stock valued at approximately $ 4.9 million . with the completion of these transactions , the company owns approximately 98% ( 98 % ) of nigen 2019s common stock and began consolidating its financial results beginning may 12 , 2000 . approximately $ 100 million of the purchase price was allocated to excess of costs over net assets acquired and was amortized through january 1 , 2002 at which time the company adopted sfas no . 142 and ceased amortization of goodwill . in august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas limited ( 2018 2018songas 2019 2019 ) for approximately $ 40 million . the company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 . songas owns the songo songo gas-to-electricity project in tanzania . in december 2002 , the company signed a sales purchase agreement to sell songas . the sale is expected to close in early 2003 . see note 4 for further discussion of the transaction . the following table presents summarized comparative financial information ( in millions ) for the company 2019s investments in 50% ( 50 % ) or less owned investments accounted for using the equity method. . <table class='wikitable'><tr><td>1</td><td>as of and for the years ended december 31,</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>revenues</td><td>$ 2832</td><td>$ 6147</td><td>$ 6241</td></tr><tr><td>3</td><td>operating income</td><td>695</td><td>1717</td><td>1989</td></tr><tr><td>4</td><td>net income</td><td>229</td><td>650</td><td>859</td></tr><tr><td>5</td><td>current assets</td><td>1097</td><td>3700</td><td>2423</td></tr><tr><td>6</td><td>noncurrent assets</td><td>6751</td><td>14942</td><td>13080</td></tr><tr><td>7</td><td>current liabilities</td><td>1418</td><td>3510</td><td>3370</td></tr><tr><td>8</td><td>noncurrent liabilities</td><td>3349</td><td>8297</td><td>5927</td></tr><tr><td>9</td><td>stockholder's equity</td><td>3081</td><td>6835</td><td>6206</td></tr></table> in 2002 , 2001 and 2000 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 . the brazilian real devalued 32% ( 32 % ) , 19% ( 19 % ) and 8% ( 8 % ) for the years ended december 31 , 2002 , 2001 and 2000 , respectively . the company recorded $ 83 million , $ 210 million , and $ 64 million of pre-tax non-cash foreign currency transaction losses on its investments in brazilian equity method affiliates during 2002 , 2001 and 2000 , respectively. .\nQuestion: what was the change in revenues for investments in 50% or less owned investments between 2001 and 2002?\nAnswer: -3315.0\nQuestion: and the percentage change during this time?\n" }, { "role": "agent", "content": "-0.53929" } ]
CONVFINQA9125	[ { "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\nchallenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . 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 . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these 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 accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors 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 . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .\nQuestion: what was the change in the alternative component changes between 2011 and 2012?\nAnswer: 4847.0\nQuestion: so what was the percentage change of this value?\n" }, { "role": "agent", "content": "0.04618" } ]
CONVFINQA9673	[ { "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 reconciliation of the total amounts of unrecognized tax benefits for the year : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>unrecognized tax benefit 2014january 1 2008</td><td>$ 7928</td></tr><tr><td>2</td><td>ansoft unrecognized tax benefit 2014acquired july 31 2008</td><td>3525</td></tr><tr><td>3</td><td>gross increases 2014tax positions in prior period</td><td>2454</td></tr><tr><td>4</td><td>gross decreases 2014tax positions in prior period</td><td>-1572 ( 1572 )</td></tr><tr><td>5</td><td>gross increases 2014tax positions in current period</td><td>2255</td></tr><tr><td>6</td><td>reductions due to a lapse of the applicable statute of limitations</td><td>-1598 ( 1598 )</td></tr><tr><td>7</td><td>changes due to currency fluctuation</td><td>-259 ( 259 )</td></tr><tr><td>8</td><td>settlements</td><td>-317 ( 317 )</td></tr><tr><td>9</td><td>unrecognized tax benefit 2014december 31 2008</td><td>$ 12416</td></tr></table> included in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.6 million of tax benefits that , if recognized , would affect the effective tax rate . also included in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.0 million of tax benefits that , if recognized , would result in a decrease to goodwill recorded in purchase business combinations , and $ 1.9 million of tax benefits that , if recognized , would result in adjustments to other tax accounts , primarily deferred taxes . the company believes it is reasonably possible that uncertain tax positions of approximately $ 2.6 million as of december 31 , 2008 will be resolved within the next twelve months . the company recognizes interest and penalties related to unrecognized tax benefits as income tax expense . related to the uncertain tax benefits noted above , the company recorded interest of $ 171000 during 2008 . penalties recorded during 2008 were insignificant . in total , as of december 31 , 2008 , the company has recognized a liability for penalties of $ 498000 and interest of $ 1.8 million . the company is subject to taxation in the u.s . and various states and foreign jurisdictions . the company 2019s 2005 through 2008 tax years are open to examination by the internal revenue service . the 2005 and 2006 federal returns are currently under examination . the company also has various foreign subsidiaries with tax filings under examination , as well as numerous foreign and state tax filings subject to examination for various years . 10 . pension and profit-sharing plans the company has 401 ( k ) /profit-sharing plans for all qualifying full-time domestic employees that permit participants to make contributions by salary reduction pursuant to section 401 ( k ) of the internal revenue code . the company makes matching contributions on behalf of each eligible participant in an amount equal to 100% ( 100 % ) of the first 3% ( 3 % ) and an additional 25% ( 25 % ) of the next 5% ( 5 % ) , for a maximum total of 4.25% ( 4.25 % ) of the employee 2019s compensation . the company may make a discretionary profit sharing contribution in the amount of 0% ( 0 % ) to 5% ( 5 % ) based on the participant 2019s eligible compensation , provided the employee is employed at the end of the year and has worked at least 1000 hours . the qualifying domestic employees of the company 2019s ansoft subsidiary , acquired on july 31 , 2008 , also participate in a 401 ( k ) plan . there is no matching employer contribution associated with this plan . the company also maintains various defined contribution pension arrangements for its international employees . expenses related to the company 2019s retirement programs were $ 3.7 million in 2008 , $ 4.7 million in 2007 and $ 4.1 million in 2006 . 11 . non-compete and employment agreements employees of the company have signed agreements under which they have agreed not to disclose trade secrets or confidential information and , where legally permitted , that restrict engagement in or connection with any business that is competitive with the company anywhere in the world while employed by the company ( and .\nQuestion: what was the net change in unrecognized tax benefits during 2008?\nAnswer: 4488.0\nQuestion: what is that change over the starting value?\n" }, { "role": "agent", "content": "0.56609" } ]
CONVFINQA1670	[ { "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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . <table class='wikitable'><tr><td>1</td><td>2005</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 19.28</td><td>$ 17.30</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>21.16</td><td>16.28</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>25.20</td><td>20.70</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>28.33</td><td>22.73</td></tr><tr><td>6</td><td>2004</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 13.12</td><td>$ 9.89</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>16.00</td><td>11.13</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>15.85</td><td>13.10</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>18.75</td><td>15.19</td></tr></table> on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse . as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders . in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter . also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis . in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock . the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report . dividends we have never paid a dividend on any class of our common stock . we anticipate that we may retain future earnings , if any , to fund the development and growth of our business . the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests . under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby . the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .\nQuestion: what was the common stock price from the highest price for the quarter ended december 31 of 2006?\nAnswer: 28.33\nQuestion: and what was it for the quarter ended december 31 of 2005?\nAnswer: 18.75\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "9.58" } ]
CONVFINQA7973	[ { "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 new orleans , inc . management's financial discussion and analysis 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 charges . 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>$ 192.2</td></tr><tr><td>3</td><td>fuel recovery</td><td>42.6</td></tr><tr><td>4</td><td>volume/weather</td><td>25.6</td></tr><tr><td>5</td><td>rider revenue</td><td>8.5</td></tr><tr><td>6</td><td>net wholesale revenue</td><td>-41.2 ( 41.2 )</td></tr><tr><td>7</td><td>other</td><td>3.3</td></tr><tr><td>8</td><td>2007 net revenue</td><td>$ 231.0</td></tr></table> the fuel recovery variance is due to the inclusion of grand gulf costs in fuel recoveries effective july 1 , 2006 . in june 2006 , the city council approved the recovery of grand gulf costs through the fuel adjustment clause , without a corresponding change in base rates ( a significant portion of grand gulf costs was previously recovered through base rates ) . the volume/weather variance is due to an increase in electricity usage in the service territory in 2007 compared to the same period in 2006 . the first quarter 2006 was affected by customer losses following hurricane katrina . entergy new orleans estimates that approximately 132000 electric customers and 86000 gas customers have returned and are taking service as of december 31 , 2007 , compared to approximately 95000 electric customers and 65000 gas customers as of december 31 , 2006 . billed retail electricity usage increased a total of 540 gwh compared to the same period in 2006 , an increase of 14% ( 14 % ) . the rider revenue variance is due primarily to a storm reserve rider effective march 2007 as a result of the city council's approval of a settlement agreement in october 2006 . the approved storm reserve has been set to collect $ 75 million over a ten-year period through the rider and the funds will be held in a restricted escrow account . the settlement agreement is discussed in note 2 to the financial statements . the net wholesale revenue variance is due to more energy available for resale in 2006 due to the decrease in retail usage caused by customer losses following hurricane katrina . in addition , 2006 revenue includes the sales into the wholesale market of entergy new orleans' share of the output of grand gulf , pursuant to city council approval of measures proposed by entergy new orleans to address the reduction in entergy new orleans' retail customer usage caused by hurricane katrina and to provide revenue support for the costs of entergy new orleans' share of grand other income statement variances 2008 compared to 2007 other operation and maintenance expenses decreased primarily due to : a provision for storm-related bad debts of $ 11 million recorded in 2007 ; a decrease of $ 6.2 million in legal and professional fees ; a decrease of $ 3.4 million in employee benefit expenses ; and a decrease of $ 1.9 million in gas operations spending due to higher labor and material costs for reliability work in 2007. .\nQuestion: what was the 2007 net revenue?\nAnswer: 231.0\nQuestion: and for 2006?\n" }, { "role": "agent", "content": "192.2" } ]
CONVFINQA90	[ { "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\n2mar201707015999 ( c ) in october 2016 , our accelerated share repurchase ( 2018 2018asr 2019 2019 ) agreement concluded and we received an additional 44 thousand shares of our common stock . shares purchased pursuant to the asr agreement are presented in the table above in the periods in which they were received . performance graph the following graph compares the performance of our common stock with that of the s&p 500 index and the s&p 500 healthcare equipment index . the cumulative total return listed below assumes an initial investment of $ 100 at the market close on december 30 , 2011 and reinvestment of dividends . comparison of 5 year cumulative total return 2011 2012 2016201520142013 edwards lifesciences corporation s&p 500 s&p 500 healthcare equipment index december 31 . <table class='wikitable'><tr><td>1</td><td>total cumulative return</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>edwards lifesciences</td><td>$ 127.54</td><td>$ 93.01</td><td>$ 180.17</td><td>$ 223.42</td><td>$ 265.06</td></tr><tr><td>3</td><td>s&p 500</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>s&p 500 healthcare equipment index</td><td>117.42</td><td>150.28</td><td>181.96</td><td>194.37</td><td>207.46</td></tr></table> .\nQuestion: what is the value of an investment in edwards lifesciences in 2016?\nAnswer: 265.06\nQuestion: what is the net change from the initial investment?\nAnswer: 165.06\nQuestion: what rate of cumulative return does this represent?\n" }, { "role": "agent", "content": "1.6506" } ]
CONVFINQA2449	[ { "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 details the growth in global weighted average berths and the global , north american , european and asia/pacific cruise guests over the past five years ( in thousands , except berth data ) : weighted- average supply of berths marketed globally ( 1 ) caribbean cruises ltd . total berths ( 2 ) global cruise guests ( 1 ) american cruise guests ( 1 ) ( 3 ) european cruise guests ( 1 ) ( 4 ) asia/pacific cruise guests ( 1 ) ( 5 ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>weighted-averagesupply ofberthsmarketedglobally ( 1 )</td><td>royal caribbean cruises ltd . total berths ( 2 )</td><td>globalcruiseguests ( 1 )</td><td>north american cruise guests ( 1 ) ( 3 )</td><td>european cruise guests ( 1 ) ( 4 )</td><td>asia/pacific cruise guests ( 1 ) ( 5 )</td></tr><tr><td>2</td><td>2012</td><td>425000</td><td>98650</td><td>20813</td><td>11641</td><td>6225</td><td>1474</td></tr><tr><td>3</td><td>2013</td><td>432000</td><td>98750</td><td>21343</td><td>11710</td><td>6430</td><td>2045</td></tr><tr><td>4</td><td>2014</td><td>448000</td><td>105750</td><td>22039</td><td>12269</td><td>6387</td><td>2382</td></tr><tr><td>5</td><td>2015</td><td>469000</td><td>112700</td><td>23000</td><td>12004</td><td>6587</td><td>3129</td></tr><tr><td>6</td><td>2016</td><td>493000</td><td>123270</td><td>24000</td><td>12581</td><td>6542</td><td>3636</td></tr></table> _______________________________________________________________________________ ( 1 ) source : our estimates of the number of global cruise guests and the weighted-average supply of berths marketed globally are based on a combination of data that we obtain from various publicly available cruise industry trade information sources . we use data obtained from seatrade insider , cruise industry news and company press releases to estimate weighted-average supply of berths and clia and g.p . wild to estimate cruise guest information . in addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base . ( 2 ) total berths include our berths related to our global brands and partner brands . ( 3 ) our estimates include the united states and canada . ( 4 ) our estimates include european countries relevant to the industry ( e.g. , nordics , germany , france , italy , spain and the united kingdom ) . ( 5 ) our estimates include the southeast asia ( e.g. , singapore , thailand and the philippines ) , east asia ( e.g. , china and japan ) , south asia ( e.g. , india and pakistan ) and oceanian ( e.g. , australia and fiji islands ) regions . north america the majority of industry cruise guests are sourced from north america , which represented approximately 52% ( 52 % ) of global cruise guests in 2016 . the compound annual growth rate in cruise guests sourced from this market was approximately 2% ( 2 % ) from 2012 to 2016 . europe industry cruise guests sourced from europe represented approximately 27% ( 27 % ) of global cruise guests in 2016 . the compound annual growth rate in cruise guests sourced from this market was approximately 1% ( 1 % ) from 2012 to 2016 . asia/pacific industry cruise guests sourced from the asia/pacific region represented approximately 15% ( 15 % ) of global cruise guests in 2016 . the compound annual growth rate in cruise guests sourced from this market was approximately 25% ( 25 % ) from 2012 to 2016 . the asia/pacific region is experiencing the highest growth rate of the major regions , although it will continue to represent a relatively small sector compared to north america . competition we compete with a number of cruise lines . our principal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise line , costa cruises , cunard line , holland america line , p&o cruises , princess cruises and seabourn ; disney cruise line ; msc cruises ; and norwegian cruise line holdings ltd , which owns norwegian cruise line , oceania cruises and regent seven seas cruises . cruise lines compete with .\nQuestion: what was the difference in asia/pacific cruise guests between 2012 and 2016?\nAnswer: 2162.0\nQuestion: and the value for 2012 again?\n" }, { "role": "agent", "content": "1474.0" } ]
CONVFINQA199	[ { "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\ncorporate income taxes other than withholding taxes on certain investment income and premium excise taxes . if group or its bermuda subsidiaries were to become subject to u.s . income tax , there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows . united kingdom . bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk . bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation . if bermuda re 2019s bermuda operations were to become subject to uk income tax , there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow . ireland . holdings ireland and ireland re conduct business in ireland and are subject to taxation in ireland . available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . <table class='wikitable'><tr><td>1</td><td>calendar year:</td><td>pre-tax catastrophe losses</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>-</td></tr><tr><td>3</td><td>2013</td><td>$ 195.0</td></tr><tr><td>4</td><td>2012</td><td>410.0</td></tr><tr><td>5</td><td>2011</td><td>1300.4</td></tr><tr><td>6</td><td>2010</td><td>571.1</td></tr><tr><td>7</td><td>2009</td><td>67.4</td></tr></table> .\nQuestion: what is the sum of pre-tax catastrophe losses in 2012 and 2013?\nAnswer: 605.0\nQuestion: what is the value in 2011?\nAnswer: 1300.4\nQuestion: what is the sum including 2011?\n" }, { "role": "agent", "content": "1905.4" } ]
CONVFINQA9894	[ { "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 2 2014financial instruments ( continued ) covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . one customer accounted for approximately 11% ( 11 % ) of trade receivables as of september 29 , 2007 , while no customers accounted for more than 10% ( 10 % ) of trade receivables as of september 30 , 2006 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 29 2007</td><td>september 30 2006</td><td>september 24 2005</td></tr><tr><td>2</td><td>beginning allowance balance</td><td>$ 52</td><td>$ 46</td><td>$ 47</td></tr><tr><td>3</td><td>charged to costs and expenses</td><td>12</td><td>17</td><td>8</td></tr><tr><td>4</td><td>deductions</td><td>-17 ( 17 )</td><td>-11 ( 11 )</td><td>-9 ( 9 )</td></tr><tr><td>5</td><td>ending allowance balance</td><td>$ 47</td><td>$ 52</td><td>$ 46</td></tr></table> vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these raw material components directly from suppliers . these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 2.4 billion and $ 1.6 billion as of september 29 , 2007 and september 30 , 2006 , respectively . the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales . derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk . foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales . the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments . the company records all derivatives on the balance sheet at fair value. .\nQuestion: what is the ending allowance balance in 2006?\nAnswer: 52.0\nQuestion: what about in 2005?\nAnswer: 46.0\nQuestion: what is the net change?\nAnswer: 6.0\nQuestion: what percentage change does this represent?\nAnswer: 0.13043\nQuestion: what is the value of non-trade receivables in 2007?\nAnswer: 2.4\nQuestion: what about in 2006?\n" }, { "role": "agent", "content": "1.6" } ]
CONVFINQA2687	[ { "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\nz i m m e r h o l d i n g s , i n c . a n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the company and implex had been operating since 2000 , the following table summarizes the estimated fair values relating to the development and distribution of reconstructive of the assets acquired and liabilities assumed at the date of implant and trauma products incorporating trabecular metal the implex acquisition : ( in millions ) technology . as ofthe merger agreement contains provisions for additional april 23 , 2004annual cash earn-out payments that are based on year-over- current assets $ 23.1year sales growth through 2006 of certain products that . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of april 23 2004</td></tr><tr><td>2</td><td>current assets</td><td>$ 23.1</td></tr><tr><td>3</td><td>property plant and equipment</td><td>4.5</td></tr><tr><td>4</td><td>intangible assets subject to amortization:</td><td>-</td></tr><tr><td>5</td><td>core technology ( 30 year useful life )</td><td>3.6</td></tr><tr><td>6</td><td>developed technology ( 30 year useful life )</td><td>103.9</td></tr><tr><td>7</td><td>other assets</td><td>14.4</td></tr><tr><td>8</td><td>goodwill</td><td>61.0</td></tr><tr><td>9</td><td>total assets acquired</td><td>210.5</td></tr><tr><td>10</td><td>current liabilities</td><td>14.1</td></tr><tr><td>11</td><td>deferred taxes</td><td>43.3</td></tr><tr><td>12</td><td>total liabilities assumed</td><td>57.4</td></tr><tr><td>13</td><td>net assets acquired</td><td>$ 153.1</td></tr></table> estimates total earn-out payments , including payments core technology ( 30 year useful life ) 3.6 already made , to be in a range from $ 120 to $ 160 million . developed technology ( 30 year useful life ) 103.9 other assets 14.4these earn-out payments represent contingent consideration goodwill 61.0and , in accordance with sfas no . 141 and eitf 95-8 2018 2018accounting for contingent consideration paid to the total assets acquired 210.5 shareholders of an acquired enterprise in a purchase current liabilities 14.1 deferred taxes 43.3business combination 2019 2019 , are recorded as an additional cost of the transaction upon resolution of the contingency and total liabilities assumed 57.4 therefore increase goodwill . net assets acquired $ 153.1the implex acquisition was accounted for under the purchase method of accounting pursuant to sfas no . 141 . 4 . change in accounting principle accordingly , implex results of operations have been included in the company 2019s consolidated results of operations instruments are hand held devices used by orthopaedic subsequent to april 23 , 2004 , and its respective assets and surgeons during total joint replacement and other surgical liabilities have been recorded at their estimated fair values in procedures . effective january 1 , 2003 , instruments are the company 2019s consolidated statement of financial position as recognized as long-lived assets and are included in property , of april 23 , 2004 , with the excess purchase price being plant and equipment . undeployed instruments are carried at allocated to goodwill . pro forma financial information has not cost , net of allowances for obsolescence . instruments in the been included as the acquisition did not have a material field are carried at cost less accumulated depreciation . impact upon the company 2019s financial position , results of depreciation is computed using the straight-line method operations or cash flows . based on average estimated useful lives , determined the company completed the preliminary purchase price principally in reference to associated product life cycles , allocation in accordance with u.s . generally accepted primarily five years . in accordance with sfas no . 144 , the accounting principles . the process included interviews with company reviews instruments for impairment whenever management , review of the economic and competitive events or changes in circumstances indicate that the carrying environment and examination of assets including historical value of an asset may not be recoverable . an impairment loss performance and future prospects . the preliminary purchase would be recognized when estimated future cash flows price allocation was based on information currently available relating to the asset are less than its carrying amount . to the company , and expectations and assumptions deemed depreciation of instruments is recognized as selling , general reasonable by the company 2019s management . no assurance can and administrative expense , consistent with the classification be given , however , that the underlying assumptions used to of instrument cost in periods prior to january 1 , 2003 . estimate expected technology based product revenues , prior to january 1 , 2003 , undeployed instruments were development costs or profitability , or the events associated carried as a prepaid expense at cost , net of allowances for with such technology , will occur as projected . the final obsolescence ( $ 54.8 million , net , at december 31 , 2002 ) , and purchase price allocation may vary from the preliminary recognized in selling , general and administrative expense in purchase price allocation . the final valuation and associated the year in which the instruments were placed into service . purchase price allocation is expected to be completed as the new method of accounting for instruments was adopted soon as possible , but no later than one year from the date of to recognize the cost of these important assets of the acquisition . to the extent that the estimates need to be company 2019s business within the consolidated balance sheet adjusted , the company will do so . and meaningfully allocate the cost of these assets over the periods benefited , typically five years . the effect of the change during the year ended december 31 , 2003 was to increase earnings before cumulative effect of change in accounting principle by $ 26.8 million ( $ 17.8 million net of tax ) , or $ 0.08 per diluted share . the cumulative effect adjustment of $ 55.1 million ( net of income taxes of $ 34.0 million ) to retroactively apply the .\nQuestion: what was the amount of total assets acquired?\nAnswer: 210.5\nQuestion: and what was the total of net assets acquired?\nAnswer: 153.1\nQuestion: what is, then, the difference between the total assets and the net assets acquired?\nAnswer: 57.4\nQuestion: and how much does this difference represent in relation to the total of net assets acquired, in percentage?\n" }, { "role": "agent", "content": "0.37492" } ]
CONVFINQA10925	[ { "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 note 9 . collateralized agreements and financings collateralized agreements are securities purchased under agreements to resell ( resale agreements or reverse repurchase agreements ) and securities borrowed . collateralized financings are securities sold under agreements to repurchase ( repurchase agreements ) , securities loaned and other secured financings . the firm enters into these transactions in order to , among other things , facilitate client activities , invest excess cash , acquire securities to cover short positions and finance certain firm activities . collateralized agreements and financings are presented on a net-by-counterparty basis when a legal right of setoff exists . interest on collateralized agreements and collateralized financings is recognized over the life of the transaction and included in 201cinterest income 201d and 201cinterest expense , 201d respectively . see note 23 for further information about interest income and interest expense . the table below presents the carrying value of resale and repurchase agreements and securities borrowed and loaned transactions. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>as of december 2012</td><td>as of december 2011</td></tr><tr><td>2</td><td>securities purchased under agreements toresell1</td><td>$ 141334</td><td>$ 187789</td></tr><tr><td>3</td><td>securities borrowed2</td><td>136893</td><td>153341</td></tr><tr><td>4</td><td>securities sold under agreements torepurchase1</td><td>171807</td><td>164502</td></tr><tr><td>5</td><td>securitiesloaned2</td><td>13765</td><td>7182</td></tr></table> in millions 2012 2011 securities purchased under agreements to resell 1 $ 141334 $ 187789 securities borrowed 2 136893 153341 securities sold under agreements to repurchase 1 171807 164502 securities loaned 2 13765 7182 1 . substantially all resale and repurchase agreements are carried at fair value under the fair value option . see note 8 for further information about the valuation techniques and significant inputs used to determine fair value . 2 . as of december 2012 and december 2011 , $ 38.40 billion and $ 47.62 billion of securities borrowed , and $ 1.56 billion and $ 107 million of securities loaned were at fair value , respectively . resale and repurchase agreements a resale agreement is a transaction in which the firm purchases financial instruments from a seller , typically in exchange for cash , and simultaneously enters into an agreement to resell the same or substantially the same financial instruments to the seller at a stated price plus accrued interest at a future date . a repurchase agreement is a transaction in which the firm sells financial instruments to a buyer , typically in exchange for cash , and simultaneously enters into an agreement to repurchase the same or substantially the same financial instruments from the buyer at a stated price plus accrued interest at a future date . the financial instruments purchased or sold in resale and repurchase agreements typically include u.s . government and federal agency , and investment-grade sovereign obligations . the firm receives financial instruments purchased under resale agreements , makes delivery of financial instruments sold under repurchase agreements , monitors the market value of these financial instruments on a daily basis , and delivers or obtains additional collateral due to changes in the market value of the financial instruments , as appropriate . for resale agreements , the firm typically requires delivery of collateral with a fair value approximately equal to the carrying value of the relevant assets in the consolidated statements of financial condition . even though repurchase and resale agreements involve the legal transfer of ownership of financial instruments , they are accounted for as financing arrangements because they require the financial instruments to be repurchased or resold at the maturity of the agreement . however , 201crepos to maturity 201d are accounted for as sales . a repo to maturity is a transaction in which the firm transfers a security under an agreement to repurchase the security where the maturity date of the repurchase agreement matches the maturity date of the underlying security . therefore , the firm effectively no longer has a repurchase obligation and has relinquished control over the underlying security and , accordingly , accounts for the transaction as a sale . the firm had no repos to maturity outstanding as of december 2012 or december 2011 . 152 goldman sachs 2012 annual report .\nQuestion: what was the amount of securities borrowed by the end of 2012, in billions?\n" }, { "role": "agent", "content": "38.4" } ]
CONVFINQA6321	[ { "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\ncompetitive supply aes 2019s competitive supply line of business consists of generating facilities that sell electricity directly to wholesale customers in competitive markets . additionally , as compared to the contract generation segment discussed above , these generating facilities generally sell less than 75% ( 75 % ) of their output pursuant to long-term contracts with pre-determined pricing provisions and/or sell into power pools , under shorter-term contracts or into daily spot markets . the prices paid for electricity under short-term contracts and in the spot markets are unpredictable and can be , and from time to time have been , volatile . the results of operations of aes 2019s competitive supply business are also more sensitive to the impact of market fluctuations in the price of electricity , natural gas , coal and other raw materials . in the united kingdom , txu europe entered administration in november 2002 and is no longer performing under its contracts with drax and barry . as described in the footnotes and in other sections of the discussion and analysis of financial condition and results of operations , txu europe 2019s failure to perform under its contracts has had a material adverse effect on the results of operations of these businesses . two aes competitive supply businesses , aes wolf hollow , l.p . and granite ridge have fuel supply agreements with el paso merchant energy l.p . an affiliate of el paso corp. , which has encountered financial difficulties . the company does not believe the financial difficulties of el paso corp . will have a material adverse effect on el paso merchant energy l.p . 2019s performance under the supply agreement ; however , there can be no assurance that a further deterioration in el paso corp 2019s financial condition will not have a material adverse effect on the ability of el paso merchant energy l.p . to perform its obligations . while el paso corp 2019s financial condition may not have a material adverse effect on el paso merchant energy , l.p . at this time , it could lead to a default under the aes wolf hollow , l.p . 2019s fuel supply agreement , in which case aes wolf hollow , l.p . 2019s lenders may seek to declare a default under its credit agreements . aes wolf hollow , l.p . is working in concert with its lenders to explore options to avoid such a default . the revenues from our facilities that distribute electricity to end-use customers are generally subject to regulation . these businesses are generally required to obtain third party approval or confirmation of rate increases before they can be passed on to the customers through tariffs . these businesses comprise the large utilities and growth distribution segments of the company . revenues from contract generation and competitive supply are not regulated . the distribution of revenues between the segments for the years ended december 31 , 2002 , 2001 and 2000 is as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>large utilities</td><td>36% ( 36 % )</td><td>21% ( 21 % )</td><td>22% ( 22 % )</td></tr><tr><td>3</td><td>growth distribution</td><td>14% ( 14 % )</td><td>21% ( 21 % )</td><td>21% ( 21 % )</td></tr><tr><td>4</td><td>contract generation</td><td>29% ( 29 % )</td><td>32% ( 32 % )</td><td>27% ( 27 % )</td></tr><tr><td>5</td><td>competitive supply</td><td>21% ( 21 % )</td><td>26% ( 26 % )</td><td>30% ( 30 % )</td></tr></table> development costs certain subsidiaries and affiliates of the company ( domestic and non-u.s. ) are in various stages of developing and constructing greenfield power plants , some but not all of which have signed long-term contracts or made similar arrangements for the sale of electricity . successful completion depends upon overcoming substantial risks , including , but not limited to , risks relating to failures of siting , financing , construction , permitting , governmental approvals or the potential for termination of the power sales contract as a result of a failure to meet certain milestones . as of december 31 , 2002 , capitalized costs for projects under development and in early stage construction were approximately $ 15 million and capitalized costs for projects under construction were approximately $ 3.2 billion . the company believes .\nQuestion: what portion of revenue is generated by large utilities in 2002?\nAnswer: 0.36\nQuestion: what about in 2001?\nAnswer: 0.21\nQuestion: what is the net change in the percentage of revenue?\nAnswer: 0.15\nQuestion: what about the portion of revenue is generated by competitive supply in 2002?\nAnswer: 0.21\nQuestion: what about in 2001?\nAnswer: 0.26\nQuestion: what is the net change in the percentage of revenue?\n" }, { "role": "agent", "content": "-0.05" } ]
CONVFINQA6071	[ { "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\n2022 selling costs increased $ 25.0 million to $ 94.6 million in 2010 from $ 69.6 million in 2009 . this increase was primarily due to higher personnel and other costs incurred for the continued expansion of our direct to consumer distribution channel and higher selling personnel costs , including increased expenses for our performance incentive plan as compared to the prior year . as a percentage of net revenues , selling costs increased to 8.9% ( 8.9 % ) in 2010 from 8.1% ( 8.1 % ) in 2009 primarily due to higher personnel and other costs incurred for the continued expansion of our factory house stores . 2022 product innovation and supply chain costs increased $ 25.0 million to $ 96.8 million in 2010 from $ 71.8 million in 2009 primarily due to higher personnel costs for the design and sourcing of our expanding apparel , footwear and accessories lines and higher distribution facilities operating and personnel costs as compared to the prior year to support our growth in net revenues . in addition , we incurred higher expenses for our performance incentive plan as compared to the prior year . as a percentage of net revenues , product innovation and supply chain costs increased to 9.1% ( 9.1 % ) in 2010 from 8.4% ( 8.4 % ) in 2009 primarily due to the items noted above . 2022 corporate services costs increased $ 24.0 million to $ 98.6 million in 2010 from $ 74.6 million in 2009 . this increase was attributable primarily to higher corporate facility costs , information technology initiatives and corporate personnel costs , including increased expenses for our performance incentive plan as compared to the prior year . as a percentage of net revenues , corporate services costs increased to 9.3% ( 9.3 % ) in 2010 from 8.7% ( 8.7 % ) in 2009 primarily due to the items noted above . income from operations increased $ 27.1 million , or 31.8% ( 31.8 % ) , to $ 112.4 million in 2010 from $ 85.3 million in 2009 . income from operations as a percentage of net revenues increased to 10.6% ( 10.6 % ) in 2010 from 10.0% ( 10.0 % ) in 2009 . this increase was a result of the items discussed above . interest expense , net remained unchanged at $ 2.3 million in 2010 and 2009 . other expense , net increased $ 0.7 million to $ 1.2 million in 2010 from $ 0.5 million in 2009 . the increase in 2010 was due to higher net losses on the combined foreign currency exchange rate changes on transactions denominated in the euro and canadian dollar and our derivative financial instruments as compared to 2009 . provision for income taxes increased $ 4.8 million to $ 40.4 million in 2010 from $ 35.6 million in 2009 . our effective tax rate was 37.1% ( 37.1 % ) in 2010 compared to 43.2% ( 43.2 % ) in 2009 , primarily due to tax planning strategies and federal and state tax credits reducing the effective tax rate , partially offset by a valuation allowance recorded against our foreign net operating loss carryforward . segment results of operations year ended december 31 , 2011 compared to year ended december 31 , 2010 net revenues by geographic region are summarized below: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</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>$ 1383346</td><td>$ 997816</td><td>$ 385530</td><td>38.6% ( 38.6 % )</td></tr><tr><td>3</td><td>other foreign countries</td><td>89338</td><td>66111</td><td>23227</td><td>35.1</td></tr><tr><td>4</td><td>total net revenues</td><td>$ 1472684</td><td>$ 1063927</td><td>$ 408757</td><td>38.4% ( 38.4 % )</td></tr></table> net revenues in our north american operating segment increased $ 385.5 million to $ 1383.3 million in 2011 from $ 997.8 million in 2010 primarily due to the items discussed above in the consolidated results of operations . net revenues in other foreign countries increased by $ 23.2 million to $ 89.3 million in 2011 from $ 66.1 million in 2010 primarily due to footwear shipments to our dome licensee , as well as unit sales growth to our distributors in our latin american operating segment. .\nQuestion: what is the increase in provision for income taxes?\nAnswer: 4.8\nQuestion: what was the provision for income taxes in 2009?\nAnswer: 35.6\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.13483" } ]
CONVFINQA5564	[ { "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 interest expense , net of capitalized interest decreased $ 129 million , or 18.1% ( 18.1 % ) , in 2014 from the 2013 period primarily due to a $ 63 million decrease in special charges recognized period-over-period as further described below , as well as refinancing activities that resulted in $ 65 million less interest expense recognized in 2014 . in 2014 , american recognized $ 29 million of special charges relating to non-cash interest accretion on bankruptcy settlement obligations . in 2013 , american recognized $ 48 million of special charges relating to post-petition interest expense on unsecured obligations pursuant to the plan and penalty interest related to american 2019s 10.5% ( 10.5 % ) secured notes and 7.50% ( 7.50 % ) senior secured notes . in addition , in 2013 american recorded special charges of $ 44 million for debt extinguishment costs incurred as a result of the repayment of certain aircraft secured indebtedness , including cash interest charges and non-cash write offs of unamortized debt issuance costs . as a result of the 2013 refinancing activities and the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes in 2014 , american recognized $ 65 million less interest expense in 2014 as compared to the 2013 period . other nonoperating expense , net of $ 153 million in 2014 consisted principally of net foreign currency losses of $ 92 million and early debt extinguishment charges of $ 48 million . other nonoperating expense , net of $ 84 million in 2013 consisted principally of net foreign currency losses of $ 55 million and early debt extinguishment charges of $ 29 million . other nonoperating expense , net increased $ 69 million , or 81.0% ( 81.0 % ) , during 2014 primarily due to special charges recognized as a result of early debt extinguishment and an increase in foreign currency losses driven by the strengthening of the u.s . dollar in foreign currency transactions , principally in latin american markets . american recorded a $ 43 million special charge for venezuelan foreign currency losses in 2014 . see part ii , item 7a . quantitative and qualitative disclosures about market risk for further discussion of our cash held in venezuelan bolivars . in addition , american 2019s nonoperating special items included $ 48 million in special charges in the 2014 primarily related to the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes and other indebtedness . reorganization items , net reorganization items refer to revenues , expenses ( including professional fees ) , realized gains and losses and provisions for losses that are realized or incurred as a direct result of the chapter 11 cases . the following table summarizes the components included in reorganization items , net on american 2019s consolidated statement of operations for the year ended december 31 , 2013 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td></tr><tr><td>2</td><td>labor-related deemed claim ( 1 )</td><td>$ 1733</td></tr><tr><td>3</td><td>aircraft and facility financing renegotiations and rejections ( 2 ) ( 3 )</td><td>320</td></tr><tr><td>4</td><td>fair value of conversion discount ( 4 )</td><td>218</td></tr><tr><td>5</td><td>professional fees</td><td>199</td></tr><tr><td>6</td><td>other</td><td>170</td></tr><tr><td>7</td><td>total reorganization items net</td><td>$ 2640</td></tr></table> ( 1 ) in exchange for employees 2019 contributions to the successful reorganization , including agreeing to reductions in pay and benefits , american agreed in the plan to provide each employee group a deemed claim , which was used to provide a distribution of a portion of the equity of the reorganized entity to those employees . each employee group received a deemed claim amount based upon a portion of the value of cost savings provided by that group through reductions to pay and benefits as well as through certain work rule changes . the total value of this deemed claim was approximately $ 1.7 billion . ( 2 ) amounts include allowed claims ( claims approved by the bankruptcy court ) and estimated allowed claims relating to ( i ) the rejection or modification of financings related to aircraft and ( ii ) entry of orders treated as unsecured claims with respect to facility agreements supporting certain issuances of special facility revenue bonds . the debtors recorded an estimated claim associated with the rejection or modification of a financing or facility agreement when the applicable motion was filed with the bankruptcy court to reject or modify .\nQuestion: what was the total amount in aircraft and facility financing renegotiations and rejections in 2013?\n" }, { "role": "agent", "content": "320.0" } ]
CONVFINQA1699	[ { "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 entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) . the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds . this property was then leased back to the company . no cash was exchanged . the lease payments are equal to the amount of the payments on the bonds . the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds . at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 . the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>bond term</td><td>bond authorized amount ( in millions )</td><td>amount drawn ( in millions )</td></tr><tr><td>2</td><td>franklin kentucky distribution center</td><td>30 years</td><td>$ 54.0</td><td>$ 51.8</td></tr><tr><td>3</td><td>macon georgia distribution center</td><td>15 years</td><td>$ 58.0</td><td>$ 49.9</td></tr><tr><td>4</td><td>brentwood tennessee store support center</td><td>10 years</td><td>$ 78.0</td><td>$ 75.3</td></tr></table> due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction . the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life . capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years . computer software consists of software developed for internal use and third-party software purchased for internal use . a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life . these costs are included in computer software and hardware in the accompanying consolidated balance sheets . certain software costs not meeting the criteria for capitalization are expensed as incurred . store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing . the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes . store closing costs were not significant to the results of operations for any of the fiscal years presented . leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income . certain operating leases include rent increases during the lease term . for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability . the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased . leasehold improvements are recorded at their gross costs , including items reimbursed by landlords . related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term . note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp . share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp . the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .\nQuestion: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?\nAnswer: 0.95926\nQuestion: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?\nAnswer: 2.7\nQuestion: what is the bond authorized amount for macon georgia distribution center?\nAnswer: 58.0\nQuestion: what about the amount drawn?\nAnswer: 49.9\nQuestion: what is the difference?\nAnswer: 8.1\nQuestion: what about the difference for franklin kentucky distribution center?\nAnswer: 2.2\nQuestion: what is the lost amount from franklin kentucky distribution center and brentwood tennessee store support center?\nAnswer: 10.8\nQuestion: what about for all three centers?\n" }, { "role": "agent", "content": "13.0" } ]
CONVFINQA7235	[ { "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\nat december 31 , 2014 , total future minimum commitments under existing non-cancelable operating leases and purchase obligations were as follows: . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td><td>2019</td><td>thereafter</td></tr><tr><td>2</td><td>lease obligations</td><td>$ 142</td><td>$ 106</td><td>$ 84</td><td>$ 63</td><td>$ 45</td><td>$ 91</td></tr><tr><td>3</td><td>purchase obligations ( a )</td><td>3266</td><td>761</td><td>583</td><td>463</td><td>422</td><td>1690</td></tr><tr><td>4</td><td>total</td><td>$ 3408</td><td>$ 867</td><td>$ 667</td><td>$ 526</td><td>$ 467</td><td>$ 1781</td></tr></table> ( a ) includes $ 2.3 billion relating to fiber supply agreements entered into at the time of the company 2019s 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business . rent expense was $ 154 million , $ 168 million and $ 185 million for 2014 , 2013 and 2012 , respectively . guarantees in connection with sales of businesses , property , equipment , forestlands and other assets , international paper commonly makes representations and warranties relating to such businesses or assets , and may agree to indemnify buyers with respect to tax and environmental liabilities , breaches of representations and warranties , and other matters . where liabilities for such matters are determined to be probable and subject to reasonable estimation , accrued liabilities are recorded at the time of sale as a cost of the transaction . environmental proceedings cercla and state actions international paper has been named as a potentially responsible party in environmental remediation actions under various federal and state laws , including the comprehensive environmental response , compensation and liability act ( cercla ) . many of these proceedings involve the cleanup of hazardous substances at large commercial landfills that received waste from many different sources . while joint and several liability is authorized under cercla and equivalent state laws , as a practical matter , liability for cercla cleanups is typically allocated among the many potential responsible parties . remedial costs are recorded in the consolidated financial statements when they become probable and reasonably estimable . international paper has estimated the probable liability associated with these matters to be approximately $ 95 million in the aggregate as of december 31 , 2014 . cass lake : one of the matters referenced above is a closed wood treating facility located in cass lake , minnesota . during 2009 , in connection with an environmental site remediation action under cercla , international paper submitted to the epa a remediation feasibility study . in june 2011 , the epa selected and published a proposed soil remedy at the site with an estimated cost of $ 46 million . the overall remediation reserve for the site is currently $ 50 million to address the selection of an alternative for the soil remediation component of the overall site remedy . in october 2011 , the epa released a public statement indicating that the final soil remedy decision would be delayed . in the unlikely event that the epa changes its proposed soil remedy and approves instead a more expensive clean- up alternative , the remediation costs could be material , and significantly higher than amounts currently recorded . in october 2012 , the natural resource trustees for this site provided notice to international paper and other potentially responsible parties of their intent to perform a natural resource damage assessment . it is premature to predict the outcome of the assessment or to estimate a loss or range of loss , if any , which may be incurred . other remediation costs in addition to the above matters , other remediation costs typically associated with the cleanup of hazardous substances at the company 2019s current , closed or formerly-owned facilities , and recorded as liabilities in the balance sheet , totaled approximately $ 41 million as of december 31 , 2014 . other than as described above , completion of required remedial actions is not expected to have a material effect on our consolidated financial statements . legal proceedings environmental kalamazoo river : the company is a potentially responsible party with respect to the allied paper , inc./ portage creek/kalamazoo river superfund site ( kalamazoo river superfund site ) in michigan . the epa asserts that the site is contaminated primarily by pcbs as a result of discharges from various paper mills located along the kalamazoo river , including a paper mill formerly owned by st . regis paper company ( st . regis ) . the company is a successor in interest to st . regis . although the company has not received any orders from the epa , in december 2014 , the epa sent the company a letter demanding payment of $ 19 million to reimburse the epa for costs associated with a time critical removal action of pcb contaminated sediments from a portion of the site . the company 2019s cercla liability has not been finally determined with respect to this or any other portion of the site and we have declined to reimburse the epa at this time . as noted below , the company is involved in allocation/ apportionment litigation with regard to the site . accordingly , it is premature to estimate a loss or range of loss with respect to this site . the company was named as a defendant by georgia- pacific consumer products lp , fort james corporation and georgia pacific llc in a contribution and cost recovery action for alleged pollution at the site . the suit .\nQuestion: what was the total amount of lease obligations in 2015?\nAnswer: 142.0\nQuestion: and what were the total future minimum commitments under existing non-cancelable operating leases and purchase obligations in that year?\nAnswer: 3408.0\nQuestion: what percentage, then, of these total future minimum commitments does that total amount represent?\nAnswer: 0.04167\nQuestion: and what is this same percentage representation of the lease obligations for the year of 2016?\n" }, { "role": "agent", "content": "0.12226" } ]
CONVFINQA9606	[ { "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\n12 . brokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 , 2016</td><td>december 31 , 2015</td></tr><tr><td>2</td><td>receivables from customers</td><td>$ 10374</td><td>$ 10435</td></tr><tr><td>3</td><td>receivables from brokers dealers and clearing organizations</td><td>18513</td><td>17248</td></tr><tr><td>4</td><td>total brokerage receivables ( 1 )</td><td>$ 28887</td><td>$ 27683</td></tr><tr><td>5</td><td>payables to customers</td><td>$ 37237</td><td>$ 35653</td></tr><tr><td>6</td><td>payables to brokers dealers and clearing organizations</td><td>19915</td><td>18069</td></tr><tr><td>7</td><td>total brokerage payables ( 1 )</td><td>$ 57152</td><td>$ 53722</td></tr></table> payables to brokers , dealers , and clearing organizations 19915 18069 total brokerage payables ( 1 ) $ 57152 $ 53722 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .\nQuestion: what was the net change in value of total brokerage payable from 2015 to 2016?\nAnswer: 3430.0\nQuestion: what was the 2015 value?\nAnswer: 53722.0\nQuestion: what is the net change divided by that?\n" }, { "role": "agent", "content": "0.06385" } ]
CONVFINQA849	[ { "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\nroyal caribbean cruises ltd . 15 from two to 17 nights throughout south america , the caribbean and europe . additionally , we announced that majesty of the seas will be redeployed from royal caribbean international to pullmantur in 2016 . pullmantur serves the contemporary segment of the spanish , portuguese and latin american cruise mar- kets . pullmantur 2019s strategy is to attract cruise guests from these target markets by providing a variety of cruising options and onboard activities directed at couples and families traveling with children . over the last few years , pullmantur has systematically increased its focus on latin america and has expanded its pres- ence in that market . in order to facilitate pullmantur 2019s ability to focus on its core cruise business , on march 31 , 2014 , pullmantur sold the majority of its interest in its non-core busi- nesses . these non-core businesses included pullmantur 2019s land-based tour operations , travel agency and 49% ( 49 % ) interest in its air business . in connection with the sale agreement , we retained a 19% ( 19 % ) interest in each of the non-core businesses as well as 100% ( 100 % ) ownership of the aircraft which are being dry leased to pullmantur air . see note 1 . general and note 6 . other assets to our consolidated financial statements under item 8 . financial statements and supplementary data for further details . cdf croisi e8res de france we currently operate two ships with an aggregate capacity of approximately 2800 berths under our cdf croisi e8res de france brand . cdf croisi e8res de france offers seasonal itineraries to the mediterranean , europe and caribbean . during the winter season , zenith is deployed to the pullmantur brand for sailings in south america . cdf croisi e8res de france is designed to serve the contemporary segment of the french cruise market by providing a brand tailored for french cruise guests . tui cruises tui cruises is a joint venture owned 50% ( 50 % ) by us and 50% ( 50 % ) by tui ag , a german tourism and shipping com- pany , and is designed to serve the contemporary and premium segments of the german cruise market by offering a product tailored for german guests . all onboard activities , services , shore excursions and menu offerings are designed to suit the preferences of this target market . tui cruises operates three ships , mein schiff 1 , mein schiff 2 and mein schiff 3 , with an aggregate capacity of approximately 6300 berths . in addition , tui cruises currently has three newbuild ships on order at the finnish meyer turku yard with an aggregate capacity of approximately 7500 berths : mein schiff 4 , scheduled for delivery in the second quarter of 2015 , mein schiff 5 , scheduled for delivery in the third quarter of 2016 and mein schiff 6 , scheduled for delivery in the second quarter of 2017 . in november 2014 , we formed a strategic partnership with ctrip.com international ltd . ( 201cctrip 201d ) , a chinese travel service provider , to operate a new cruise brand known as skysea cruises . skysea cruises will offer a custom-tailored product for chinese cruise guests operating the ship purchased from celebrity cruises . the new cruise line will begin service in the second quarter of 2015 . we and ctrip each own 35% ( 35 % ) of the new company , skysea holding , with the balance being owned by skysea holding management and a private equity fund . industry cruising is considered a well-established vacation sector in the north american market , a growing sec- tor over the long term in the european market and a developing but promising sector in several other emerging markets . industry data indicates that market penetration rates are still low and that a significant portion of cruise guests carried are first-time cruisers . we believe this presents an opportunity for long-term growth and a potential for increased profitability . the following table details market penetration rates for north america and europe computed based on the number of annual cruise guests as a percentage of the total population : america ( 1 ) europe ( 2 ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>north america ( 1 )</td><td>europe ( 2 )</td></tr><tr><td>2</td><td>2010</td><td>3.1% ( 3.1 % )</td><td>1.1% ( 1.1 % )</td></tr><tr><td>3</td><td>2011</td><td>3.4% ( 3.4 % )</td><td>1.1% ( 1.1 % )</td></tr><tr><td>4</td><td>2012</td><td>3.3% ( 3.3 % )</td><td>1.2% ( 1.2 % )</td></tr><tr><td>5</td><td>2013</td><td>3.4% ( 3.4 % )</td><td>1.2% ( 1.2 % )</td></tr><tr><td>6</td><td>2014</td><td>3.5% ( 3.5 % )</td><td>1.3% ( 1.3 % )</td></tr></table> ( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and cruise lines international association ( 201cclia 201d ) . rates are based on cruise guests carried for at least two consecutive nights . includes the united states of america and canada . ( 2 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and clia europe , formerly european cruise council . we estimate that the global cruise fleet was served by approximately 457000 berths on approximately 283 ships at the end of 2014 . there are approximately 33 ships with an estimated 98650 berths that are expected to be placed in service in the global cruise market between 2015 and 2019 , although it is also possible that ships could be ordered or taken out of service during these periods . we estimate that the global cruise industry carried 22.0 million cruise guests in 2014 compared to 21.3 million cruise guests carried in 2013 and 20.9 million cruise guests carried in 2012 . part i .\nQuestion: what is the net change in the number of cruise guests from 2013 to 2014?\nAnswer: 0.7\nQuestion: what is the number of cruise guests in 2013?\nAnswer: 21.3\nQuestion: what percentage change does this represent?\nAnswer: 0.03286\nQuestion: what is the expected number of berths that are expected to be places in service from 2015 to 2019?\n" }, { "role": "agent", "content": "98650.0" } ]
CONVFINQA855	[ { "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\nnbcuniversal media , llc consolidated statement of comprehensive income . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions )</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net income</td><td>$ 3624</td><td>$ 3297</td><td>$ 2122</td></tr><tr><td>3</td><td>deferred gains ( losses ) on cash flow hedges net</td><td>-21 ( 21 )</td><td>25</td><td>-5 ( 5 )</td></tr><tr><td>4</td><td>employee benefit obligations net</td><td>60</td><td>-106 ( 106 )</td><td>95</td></tr><tr><td>5</td><td>currency translation adjustments net</td><td>-121 ( 121 )</td><td>-62 ( 62 )</td><td>-41 ( 41 )</td></tr><tr><td>6</td><td>comprehensive income</td><td>3542</td><td>3154</td><td>2171</td></tr><tr><td>7</td><td>net ( income ) loss attributable to noncontrolling interests</td><td>-210 ( 210 )</td><td>-182 ( 182 )</td><td>-154 ( 154 )</td></tr><tr><td>8</td><td>other comprehensive ( income ) loss attributable to noncontrolling interests</td><td>29</td><td>2014</td><td>2014</td></tr><tr><td>9</td><td>comprehensive income attributable to nbcuniversal</td><td>$ 3361</td><td>$ 2972</td><td>$ 2017</td></tr></table> see accompanying notes to consolidated financial statements . 147 comcast 2015 annual report on form 10-k .\nQuestion: what is the change in value of comprehensive income attributable to nbc universal from 2014 to 2015?\nAnswer: 389.0\nQuestion: what is the percent change for the year?\n" }, { "role": "agent", "content": "0.13089" } ]
CONVFINQA350	[ { "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\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2005 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 201020092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td><td>12/31/10</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 101.76</td><td>$ 98.20</td><td>$ 78.76</td><td>$ 84.87</td><td>$ 110.57</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.79</td><td>$ 122.16</td><td>$ 76.96</td><td>$ 97.33</td><td>$ 111.99</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 109.82</td><td>$ 111.38</td><td>$ 87.52</td><td>$ 103.79</td><td>$ 131.59</td></tr></table> .\nQuestion: what was the performance value of the united parcel service inc . in 2010?\nAnswer: 110.57\nQuestion: and what was the change in this performance from 2005 to 2010?\n" }, { "role": "agent", "content": "10.57" } ]
CONVFINQA1959	[ { "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\n12 . brokerage receivables and brokerage payables the company has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 , 2018</td><td>december 31 , 2017</td></tr><tr><td>2</td><td>receivables from customers</td><td>$ 14415</td><td>$ 19215</td></tr><tr><td>3</td><td>receivables from brokers dealers and clearing organizations</td><td>21035</td><td>19169</td></tr><tr><td>4</td><td>total brokerage receivables ( 1 )</td><td>$ 35450</td><td>$ 38384</td></tr><tr><td>5</td><td>payables to customers</td><td>$ 40273</td><td>$ 38741</td></tr><tr><td>6</td><td>payables to brokers dealers and clearing organizations</td><td>24298</td><td>22601</td></tr><tr><td>7</td><td>total brokerage payables ( 1 )</td><td>$ 64571</td><td>$ 61342</td></tr></table> total brokerage payables ( 1 ) $ 64571 $ 61342 ( 1 ) includes brokerage receivables and payables recorded by citi broker-dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .\nQuestion: what is the balance of receivables from customers at the end of 2017?\nAnswer: 19215.0\nQuestion: what about the total brokerage payables?\nAnswer: 61342.0\nQuestion: what portion of total is related to receivables from customers in 2017?\n" }, { "role": "agent", "content": "0.31324" } ]
CONVFINQA9587	[ { "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 we believe our credit ratings are primarily based on the credit rating agencies 2019 assessment of : 2030 our liquidity , market , credit and operational risk management practices ; 2030 the level and variability of our earnings ; 2030 our capital base ; 2030 our franchise , reputation and management ; 2030 our corporate governance ; and 2030 the external operating environment , including the assumed level of government support . certain of the firm 2019s derivatives have been transacted 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 bilateral agreements by determining the collateral or termination payments that would occur assuming a downgrade by all rating agencies . a downgrade by any one rating agency , depending on the agency 2019s relative ratings of the firm at the time of the downgrade , may have an impact which is comparable to the impact of a downgrade by all rating agencies . we allocate a portion of our gce to ensure we would be able to make the additional collateral or termination payments that may be required in the event of a two-notch reduction in our long-term credit ratings , as well as collateral that has not been called by counterparties , but is available to them . the table below presents the additional collateral or termination payments related to our net derivative liabilities under bilateral agreements that could have been called at the reporting date by counterparties in the event of a one-notch and two-notch downgrade in our credit ratings. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>as of december 2013</td><td>as of december 2012</td></tr><tr><td>2</td><td>additional collateral or termination payments for a one-notch downgrade</td><td>$ 911</td><td>$ 1534</td></tr><tr><td>3</td><td>additional collateral or termination payments for a two-notch downgrade</td><td>2989</td><td>2500</td></tr></table> in millions 2013 2012 additional collateral or termination payments for a one-notch downgrade $ 911 $ 1534 additional collateral or termination payments for a two-notch downgrade 2989 2500 cash flows as a global financial institution , our cash flows are complex and bear little relation to our net earnings and net assets . consequently , we believe that traditional cash flow analysis is less meaningful in evaluating our liquidity position than the excess liquidity and asset-liability management policies described above . cash flow analysis may , however , be helpful in highlighting certain macro trends and strategic initiatives in our businesses . year ended december 2013 . our cash and cash equivalents decreased by $ 11.54 billion to $ 61.13 billion at the end of 2013 . we generated $ 4.54 billion in net cash from operating activities . we used net cash of $ 16.08 billion for investing and financing activities , primarily to fund loans held for investment and repurchases of common stock . year ended december 2012 . our cash and cash equivalents increased by $ 16.66 billion to $ 72.67 billion at the end of 2012 . we generated $ 9.14 billion in net cash from operating and investing activities . we generated $ 7.52 billion in net cash from financing activities from an increase in bank deposits , partially offset by net repayments of unsecured and secured long-term borrowings . year ended december 2011 . our cash and cash equivalents increased by $ 16.22 billion to $ 56.01 billion at the end of 2011 . we generated $ 23.13 billion in net cash from operating and investing activities . we used net cash of $ 6.91 billion for financing activities , primarily for repurchases of our series g preferred stock and common stock , partially offset by an increase in bank deposits . goldman sachs 2013 annual report 89 .\nQuestion: as of 2013, what amount from the cash and cash equivalents was generated from operating activities?\n" }, { "role": "agent", "content": "4.54" } ]
CONVFINQA9498	[ { "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\nconduit assets by asset origin . <table class='wikitable'><tr><td>1</td><td>( dollars in billions )</td><td>2008 amount</td><td>2008 percent of total conduit assets</td><td>2008 amount</td><td>percent of total conduit assets</td></tr><tr><td>2</td><td>united states</td><td>$ 11.09</td><td>46% ( 46 % )</td><td>$ 12.14</td><td>42% ( 42 % )</td></tr><tr><td>3</td><td>australia</td><td>4.30</td><td>17</td><td>6.10</td><td>21</td></tr><tr><td>4</td><td>great britain</td><td>1.97</td><td>8</td><td>2.93</td><td>10</td></tr><tr><td>5</td><td>spain</td><td>1.71</td><td>7</td><td>1.90</td><td>7</td></tr><tr><td>6</td><td>italy</td><td>1.66</td><td>7</td><td>1.86</td><td>7</td></tr><tr><td>7</td><td>portugal</td><td>0.62</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>8</td><td>germany</td><td>0.57</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>9</td><td>netherlands</td><td>0.40</td><td>2</td><td>0.55</td><td>2</td></tr><tr><td>10</td><td>belgium</td><td>0.29</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>11</td><td>greece</td><td>0.27</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>12</td><td>other</td><td>1.01</td><td>5</td><td>1.26</td><td>5</td></tr><tr><td>13</td><td>total conduit assets</td><td>$ 23.89</td><td>100% ( 100 % )</td><td>$ 28.76</td><td>100% ( 100 % )</td></tr></table> the conduits meet the definition of a vie , as defined by fin 46 ( r ) . we have determined that we are not the primary beneficiary of the conduits , as defined by fin 46 ( r ) , and do not record them in our consolidated financial statements . we hold no direct or indirect ownership interest in the conduits , but we provide subordinated financial support to them through contractual arrangements . standby letters of credit absorb certain actual credit losses from the conduit assets ; our commitment under these letters of credit totaled $ 1.00 billion and $ 1.04 billion at december 31 , 2008 and 2007 , respectively . liquidity asset purchase agreements provide liquidity to the conduits in the event they cannot place commercial paper in the ordinary course of their business ; these facilities , which require us to purchase assets from the conduits at par , would provide the needed liquidity to repay maturing commercial paper if there was a disruption in the asset-backed commercial paper market . the aggregate commitment under the liquidity asset purchase agreements was approximately $ 23.59 billion and $ 28.37 billion at december 31 , 2008 and 2007 , respectively . we did not accrue for any losses associated with either our commitment under the standby letters of credit or the liquidity asset purchase agreements in our consolidated statement of condition at december 31 , 2008 or 2007 . during the first quarter of 2008 , pursuant to the contractual terms of our liquidity asset purchase agreements with the conduits , we were required to purchase $ 850 million of conduit assets . the purchase was the result of various factors , including the continued illiquidity in the commercial paper markets . the securities were purchased at prices determined in accordance with existing contractual terms in the liquidity asset purchase agreements , and which exceeded their fair value . accordingly , during the first quarter of 2008 , the securities were written down to their fair value through a $ 12 million reduction of processing fees and other revenue in our consolidated statement of income , and are carried at fair value in securities available for sale in our consolidated statement of condition . none of our liquidity asset purchase agreements with the conduits were drawn upon during the remainder of 2008 , and no draw-downs on the standby letters of credit occurred during 2008 . the conduits generally sell commercial paper to independent third-party investors . however , we sometimes purchase commercial paper from the conduits . as of december 31 , 2008 , we held an aggregate of approximately $ 230 million of commercial paper issued by the conduits , and $ 2 million at december 31 , 2007 . in addition , approximately $ 5.70 billion of u.s . conduit-issued commercial paper had been sold to the cpff . the cpff is scheduled to expire on october 31 , 2009 . the weighted-average maturity of the conduits 2019 commercial paper in the aggregate was approximately 25 days as of december 31 , 2008 , compared to approximately 20 days as of december 31 , 2007 . each of the conduits has issued first-loss notes to independent third parties , which third parties absorb first- dollar losses related to credit risk . aggregate first-loss notes outstanding at december 31 , 2008 for the four conduits totaled $ 67 million , compared to $ 32 million at december 31 , 2007 . actual credit losses of the conduits .\nQuestion: what was the total conduit asset in 2008?\nAnswer: 23.59\nQuestion: and what was it in 2007?\nAnswer: 28.37\nQuestion: what was, then, the change over the year?\nAnswer: -4.78\nQuestion: and what percentage does this change represent in relation to the 2007 total conduit asset?\n" }, { "role": "agent", "content": "-0.16849" } ]
CONVFINQA5854	[ { "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\nother long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 27000</td></tr><tr><td>2</td><td>2019</td><td>63000</td></tr><tr><td>3</td><td>2020</td><td>25000</td></tr><tr><td>4</td><td>2021</td><td>86250</td></tr><tr><td>5</td><td>2022</td><td>2014</td></tr><tr><td>6</td><td>2023 and thereafter</td><td>600000</td></tr><tr><td>7</td><td>total scheduled maturities of long term debt</td><td>$ 801250</td></tr><tr><td>8</td><td>current maturities of long term debt</td><td>$ 27000</td></tr></table> interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 7 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .\nQuestion: what was the interest expense in 2017?\nAnswer: 34.5\nQuestion: and what was it in 2016?\nAnswer: 26.4\nQuestion: what was, then, the change over the year?\nAnswer: 8.1\nQuestion: and how much does this change represent in relation to the 2016 interest expense, in percentage?\n" }, { "role": "agent", "content": "0.30682" } ]
CONVFINQA6921	[ { "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 is the net revenue in 2010?\nAnswer: 540.2\nQuestion: what about in 2009?\n" }, { "role": "agent", "content": "485.1" } ]
CONVFINQA519	[ { "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 new orleans , inc . and subsidiaries management 2019s financial discussion and analysis entergy new orleans 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2016</td><td>2015</td><td>2014</td><td>2013</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>$ 14215</td><td>$ 15794</td><td>$ 442</td><td>$ 4737</td></tr></table> see note 4 to the financial statements for a description of the money pool . entergy new orleans has a credit facility in the amount of $ 25 million scheduled to expire in november 2018 . the credit facility allows entergy new orleans to issue letters of credit against $ 10 million of the borrowing capacity of the facility . as of december 31 , 2016 , there were no cash borrowings and a $ 0.8 million letter of credit was outstanding under the facility . in addition , entergy new orleans is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations under miso . as of december 31 , 2016 , a $ 6.2 million letter of credit was outstanding under entergy new orleans 2019s letter of credit facility . see note 4 to the financial statements for additional discussion of the credit facilities . entergy new orleans obtained authorization from the ferc through october 2017 for short-term borrowings not to exceed an aggregate amount of $ 100 million at any time outstanding . see note 4 to the financial statements for further discussion of entergy new orleans 2019s short-term borrowing limits . the long-term securities issuances of entergy new orleans are limited to amounts authorized by the city council , and the current authorization extends through june 2018 . state and local rate regulation the rates that entergy new orleans charges for electricity and natural gas significantly influence its financial position , results of operations , and liquidity . entergy new orleans is regulated and the rates charged to its customers are determined in regulatory proceedings . a governmental agency , the city council , is primarily responsible for approval of the rates charged to customers . retail rates see 201calgiers asset transfer 201d below for discussion of the transfer from entergy louisiana to entergy new orleans of certain assets that serve algiers customers . in march 2013 , entergy louisiana filed a rate case for the algiers area , which is in new orleans and is regulated by the city council . entergy louisiana requested a rate increase of $ 13 million over three years , including a 10.4% ( 10.4 % ) return on common equity and a formula rate plan mechanism identical to its lpsc request . in january 2014 the city council advisors filed direct testimony recommending a rate increase of $ 5.56 million over three years , including an 8.13% ( 8.13 % ) return on common equity . in june 2014 the city council unanimously approved a settlement that includes the following : 2022 a $ 9.3 million base rate revenue increase to be phased in on a levelized basis over four years ; 2022 recovery of an additional $ 853 thousand annually through a miso recovery rider ; and 2022 the adoption of a four-year formula rate plan requiring the filing of annual evaluation reports in may of each year , commencing may 2015 , with resulting rates being implemented in october of each year . the formula rate plan includes a midpoint target authorized return on common equity of 9.95% ( 9.95 % ) with a +/- 40 basis point bandwidth . the rate increase was effective with bills rendered on and after the first billing cycle of july 2014 . additional compliance filings were made with the city council in october 2014 for approval of the form of certain rate riders , including among others , a ninemile 6 non-fuel cost recovery interim rider , allowing for contemporaneous recovery of capacity .\nQuestion: what was the amount of receivables in 2016?\nAnswer: 14215.0\nQuestion: and what was it in 2015?\nAnswer: 15794.0\nQuestion: what was, then, the total amount of receivables in both years?\nAnswer: 30009.0\nQuestion: including 2014, what becomes this total?\nAnswer: 30451.0\nQuestion: and including 2013, what then becomes the total for the four years?\nAnswer: 35188.0\nQuestion: and concerning the city council unanimously approved settlement from june 2014, what was the percentage bandwidth of the midpoint target authorized return on common equity?\nAnswer: 0.4\nQuestion: and what was that midpoint target authorized return?\nAnswer: 9.95\nQuestion: what is, then, the maximum possible amount of this return?\n" }, { "role": "agent", "content": "10.35" } ]
CONVFINQA11039	[ { "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 expenses millions 2012 2011 2010 % ( % ) change 2012 v 2011 % ( % ) change 2011 v 2010 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2012</td><td>2011</td><td>2010</td><td>% ( % ) change 2012 v 2011</td><td>% ( % ) change 2011 v 2010</td></tr><tr><td>2</td><td>compensation and benefits</td><td>$ 4685</td><td>$ 4681</td><td>$ 4314</td><td>-% ( - % )</td><td>9% ( 9 % )</td></tr><tr><td>3</td><td>fuel</td><td>3608</td><td>3581</td><td>2486</td><td>1</td><td>44</td></tr><tr><td>4</td><td>purchased services and materials</td><td>2143</td><td>2005</td><td>1836</td><td>7</td><td>9</td></tr><tr><td>5</td><td>depreciation</td><td>1760</td><td>1617</td><td>1487</td><td>9</td><td>9</td></tr><tr><td>6</td><td>equipment and other rents</td><td>1197</td><td>1167</td><td>1142</td><td>3</td><td>2</td></tr><tr><td>7</td><td>other</td><td>788</td><td>782</td><td>719</td><td>1</td><td>9</td></tr><tr><td>8</td><td>total</td><td>$ 14181</td><td>$ 13833</td><td>$ 11984</td><td>3% ( 3 % )</td><td>15% ( 15 % )</td></tr></table> operating expenses increased $ 348 million in 2012 versus 2011 . depreciation , wage and benefit inflation , higher fuel prices and volume- related trucking services purchased by our logistics subsidiaries , contributed to higher expenses during the year . efficiency gains , volume related fuel savings ( 2% ( 2 % ) fewer gallons of fuel consumed ) and $ 38 million of weather related expenses in 2011 , which favorably affects the comparison , partially offset the cost increase . operating expenses increased $ 1.8 billion in 2011 versus 2010 . our fuel price per gallon rose 36% ( 36 % ) during 2011 , accounting for $ 922 million of the increase . wage and benefit inflation , volume-related costs , depreciation , and property taxes also contributed to higher expenses . expenses increased $ 20 million for costs related to the flooding in the midwest and $ 18 million due to the impact of severe heat and drought in the south , primarily texas . cost savings from productivity improvements and better resource utilization partially offset these increases . a $ 45 million one-time payment relating to a transaction with csx intermodal , inc ( csxi ) increased operating expenses during the first quarter of 2010 , which favorably affects the comparison of operating expenses in 2011 to those in 2010 . compensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs . expenses in 2012 were essentially flat versus 2011 as operational improvements and cost reductions offset general wage and benefit inflation and higher pension and other postretirement benefits . in addition , weather related costs increased these expenses in 2011 . a combination of general wage and benefit inflation , volume-related expenses , higher training costs associated with new hires , additional crew costs due to speed restrictions caused by the midwest flooding and heat and drought in the south , and higher pension expense drove the increase during 2011 compared to 2010 . fuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment . higher locomotive diesel fuel prices , which averaged $ 3.22 per gallon ( including taxes and transportation costs ) in 2012 , compared to $ 3.12 in 2011 , increased expenses by $ 105 million . volume , as measured by gross ton-miles , decreased 2% ( 2 % ) in 2012 versus 2011 , driving expense down . the fuel consumption rate was flat year-over-year . higher locomotive diesel fuel prices , which averaged $ 3.12 ( including taxes and transportation costs ) in 2011 , compared to $ 2.29 per gallon in 2010 , increased expenses by $ 922 million . in addition , higher gasoline prices for highway and non-highway vehicles also increased year-over-year . volume , as measured by gross ton-miles , increased 5% ( 5 % ) in 2011 versus 2010 , driving expense up by $ 122 million . purchased services and materials 2013 expense for purchased services and materials includes the costs of services purchased from outside contractors and other service providers ( including equipment 2012 operating expenses .\nQuestion: what was the change in the equipment and other rents segment from 2011 to 2012?\n" }, { "role": "agent", "content": "30.0" } ]
CONVFINQA1416	[ { "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\nother taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 . in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized . dominion energy 2002 2001 2000 ( millions , except per share amounts ) . <table class='wikitable'><tr><td>1</td><td>( millions except pershare amounts )</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>operating revenue</td><td>$ 5940</td><td>$ 6144</td><td>$ 4894</td></tr><tr><td>3</td><td>operating expenses</td><td>4520</td><td>4749</td><td>3939</td></tr><tr><td>4</td><td>net income contribution</td><td>770</td><td>723</td><td>489</td></tr><tr><td>5</td><td>earnings per share contribution</td><td>$ 2.72</td><td>$ 2.86</td><td>$ 2.07</td></tr><tr><td>6</td><td>electricity supplied* ( million mwhrs )</td><td>101</td><td>95</td><td>83</td></tr><tr><td>7</td><td>gas transmission throughput ( bcf )</td><td>597</td><td>553</td><td>567</td></tr></table> * amounts presented are for electricity supplied by utility and merchant generation operations . operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 . net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) . interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 . the earnings per share decrease reflected share dilution . regulated electric sales revenue increased $ 179 million . favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively . fuel rate recoveries increased approximately $ 65 million for 2002 . these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income . partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts . nonregulated electric sales revenue increased $ 9 million . sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 . revenue from the wholesale marketing of utility generation decreased $ 74 million . due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market . revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year . net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins . nonregulated gas sales revenue decreased $ 351 million . the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices . revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million . the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment . as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy . the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins . those losses were partially offset by contributions from higher trading volumes in gas and oil markets . gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates . electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations . substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year . for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation . purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations . this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes . liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period . the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments . other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year . depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations . other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .\nQuestion: what was the electricity supplied (in million mwhrs) in the year of 2002?\nAnswer: 101.0\nQuestion: and what was that of 2001?\n" }, { "role": "agent", "content": "95.0" } ]
CONVFINQA289	[ { "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 valero energy corporation notes to consolidated financial statements ( continued ) 11 . equity share activity activity in the number of shares of common stock and treasury stock was as follows ( in millions ) : common treasury . <table class='wikitable'><tr><td>1</td><td>-</td><td>commonstock</td><td>treasurystock</td></tr><tr><td>2</td><td>balance as of december 31 2015</td><td>673</td><td>-200 ( 200 )</td></tr><tr><td>3</td><td>transactions in connection withstock-based compensation plans</td><td>2014</td><td>1</td></tr><tr><td>4</td><td>stock purchases under purchase program</td><td>2014</td><td>-23 ( 23 )</td></tr><tr><td>5</td><td>balance as of december 31 2016</td><td>673</td><td>-222 ( 222 )</td></tr><tr><td>6</td><td>transactions in connection withstock-based compensation plans</td><td>2014</td><td>1</td></tr><tr><td>7</td><td>stock purchases under purchase programs</td><td>2014</td><td>-19 ( 19 )</td></tr><tr><td>8</td><td>balance as of december 31 2017</td><td>673</td><td>-240 ( 240 )</td></tr><tr><td>9</td><td>stock purchases under purchase programs</td><td>2014</td><td>-16 ( 16 )</td></tr><tr><td>10</td><td>balance as of december 31 2018</td><td>673</td><td>-256 ( 256 )</td></tr></table> preferred stock we have 20 million shares of preferred stock authorized with a par value of $ 0.01 per share . no shares of preferred stock were outstanding as of december 31 , 2018 or 2017 . treasury stock we purchase shares of our common stock as authorized under our common stock purchase program ( described below ) and to meet our obligations under employee stock-based compensation plans . on july 13 , 2015 , our board of directors authorized us to purchase $ 2.5 billion of our outstanding common stock with no expiration date , and we completed that program during 2017 . on september 21 , 2016 , our board of directors authorized our purchase of up to an additional $ 2.5 billion with no expiration date , and we completed that program during 2018 . on january 23 , 2018 , our board of directors authorized our purchase of up to an additional $ 2.5 billion ( the 2018 program ) with no expiration date . during the years ended december 31 , 2018 , 2017 , and 2016 , we purchased $ 1.5 billion , $ 1.3 billion , and $ 1.3 billion , respectively , of our common stock under our programs . as of december 31 , 2018 , we have approval under the 2018 program to purchase approximately $ 2.2 billion of our common stock . common stock dividends on january 24 , 2019 , our board of directors declared a quarterly cash dividend of $ 0.90 per common share payable on march 5 , 2019 to holders of record at the close of business on february 13 , 2019 . valero energy partners lp units on september 16 , 2016 , vlp entered into an equity distribution agreement pursuant to which vlp offered and sold from time to time their common units having an aggregate offering price of up to $ 350 million based on amounts , at prices , and on terms determined by market conditions and other factors at the time of .\nQuestion: what was the sum spent on common stock repurchases in 2018 and 2017?\n" }, { "role": "agent", "content": "2.8" } ]
CONVFINQA6165	[ { "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\nventas , inc . notes to consolidated financial statements 2014 ( continued ) if we experience certain kinds of changes of control , the issuers must make an offer to repurchase the senior notes , in whole or in part , at a purchase price in cash equal to 101% ( 101 % ) of the principal amount of the senior notes , plus any accrued and unpaid interest to the date of purchase ; provided , however , that in the event moody 2019s and s&p have confirmed their ratings at ba3 or higher and bb- or higher on the senior notes and certain other conditions are met , this repurchase obligation will not apply . mortgages at december 31 , 2006 , we had outstanding 53 mortgage loans that we assumed in connection with various acquisitions . outstanding principal balances on these loans ranged from $ 0.4 million to $ 114.4 million as of december 31 , 2006 . the loans bear interest at fixed rates ranging from 5.6% ( 5.6 % ) to 8.5% ( 8.5 % ) per annum , except with respect to eight loans with outstanding principal balances ranging from $ 0.4 million to $ 114.4 million , which bear interest at the lender 2019s variable rates , ranging from 3.6% ( 3.6 % ) to 8.5% ( 8.5 % ) per annum at of december 31 , 2006 . the fixed rate debt bears interest at a weighted average annual rate of 7.06% ( 7.06 % ) and the variable rate debt bears interest at a weighted average annual rate of 5.61% ( 5.61 % ) as of december 31 , 2006 . the loans had a weighted average maturity of eight years as of december 31 , 2006 . the $ 114.4 variable mortgage debt was repaid in january 2007 . scheduled maturities of borrowing arrangements and other provisions as of december 31 , 2006 , our indebtedness has the following maturities ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>2007</td><td>$ 130206</td></tr><tr><td>2</td><td>2008</td><td>33117</td></tr><tr><td>3</td><td>2009</td><td>372725</td></tr><tr><td>4</td><td>2010</td><td>265915</td></tr><tr><td>5</td><td>2011</td><td>273761</td></tr><tr><td>6</td><td>thereafter</td><td>1261265</td></tr><tr><td>7</td><td>total maturities</td><td>2336989</td></tr><tr><td>8</td><td>less unamortized commission fees and discounts</td><td>-7936 ( 7936 )</td></tr><tr><td>9</td><td>senior notes payable and other debt</td><td>$ 2329053</td></tr></table> certain provisions of our long-term debt contain covenants that limit our ability and the ability of certain of our subsidiaries to , among other things : ( i ) incur debt ; ( ii ) make certain dividends , distributions and investments ; ( iii ) enter into certain transactions ; ( iv ) merge , consolidate or transfer certain assets ; and ( v ) sell assets . we and certain of our subsidiaries are also required to maintain total unencumbered assets of at least 150% ( 150 % ) of this group 2019s unsecured debt . derivatives and hedging in the normal course of business , we are exposed to the effect of interest rate changes . we limit these risks by following established risk management policies and procedures including the use of derivatives . for interest rate exposures , derivatives are used primarily to fix the rate on debt based on floating-rate indices and to manage the cost of borrowing obligations . we currently have an interest rate swap to manage interest rate risk ( the 201cswap 201d ) . we prohibit the use of derivative instruments for trading or speculative purposes . further , we have a policy of only entering into contracts with major financial institutions based upon their credit ratings and other factors . when viewed in conjunction with the underlying and offsetting exposure that the derivative is designed to hedge , we do not anticipate any material adverse effect on our net income or financial position in the future from the use of derivatives. .\nQuestion: what were the maturities in 2010?\nAnswer: 265915.0\nQuestion: and in 2009?\nAnswer: 372725.0\nQuestion: so what was the difference between these two years?\nAnswer: -106810.0\nQuestion: and the percentage change?\n" }, { "role": "agent", "content": "-0.40167" } ]
CONVFINQA10691	[ { "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 . 2015 form 10-k annual report notes to consolidated financial statements ( continued ) interest to the date of redemption . in addition , the merger notes and the 3.375% ( 3.375 % ) senior notes due 2021 may be redeemed at our option without any make-whole premium at specified dates ranging from one month to six months in advance of the scheduled maturity date . between the closing date and june 30 , 2015 , we repaid the biomet senior notes we assumed in the merger . the fair value of the principal amount plus interest was $ 2798.6 million . these senior notes required us to pay a call premium in excess of the fair value of the notes when they were repaid . as a result , we recognized $ 22.0 million in non-operating other expense related to this call premium . the estimated fair value of our senior notes as of december 31 , 2015 , based on quoted prices for the specific securities from transactions in over-the-counter markets ( level 2 ) , was $ 8837.5 million . the estimated fair value of the japan term loan as of december 31 , 2015 , based upon publicly available market yield curves and the terms of the debt ( level 2 ) , was $ 96.4 million . the carrying value of the u.s . term loan approximates fair value as it bears interest at short-term variable market rates . we have entered into interest rate swap agreements which we designated as fair value hedges of underlying fixed- rate obligations on our senior notes due 2019 and 2021 . see note 14 for additional information regarding the interest rate swap agreements . we also have available uncommitted credit facilities totaling $ 35.8 million . at december 31 , 2015 and 2014 , the weighted average interest rate for our long-term borrowings was 2.9 percent and 3.5 percent , respectively . we paid $ 207.1 million , $ 67.5 million and $ 68.1 million in interest during 2015 , 2014 and 2013 , respectively . 13 . accumulated other comprehensive ( loss ) income oci refers to certain gains and losses that under gaap are included in comprehensive income but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders 2019 equity . amounts in oci may be reclassified to net earnings upon the occurrence of certain events . our oci is comprised of foreign currency translation adjustments , unrealized gains and losses on cash flow hedges , unrealized gains and losses on available-for-sale securities , and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions on our defined benefit plans . foreign currency translation adjustments are reclassified to net earnings upon sale or upon a complete or substantially complete liquidation of an investment in a foreign entity . unrealized gains and losses on cash flow hedges are reclassified to net earnings when the hedged item affects net earnings . unrealized gains and losses on available-for-sale securities are reclassified to net earnings if we sell the security before maturity or if the unrealized loss is considered to be other-than-temporary . amounts related to defined benefit plans that are in oci are reclassified over the service periods of employees in the plan . the reclassification amounts are allocated to all employees in the plans and , therefore , the reclassified amounts may become part of inventory to the extent they are considered direct labor costs . see note 15 for more information on our defined benefit plans . the following table shows the changes in the components of oci , net of tax ( in millions ) : foreign currency translation hedges unrealized gains on securities defined benefit . <table class='wikitable'><tr><td>1</td><td>-</td><td>foreign currency translation</td><td>cash flow hedges</td><td>unrealized gains on securities</td><td>defined benefit plan items</td></tr><tr><td>2</td><td>balance december 31 2014</td><td>$ 111.8</td><td>$ 70.1</td><td>$ -0.4 ( 0.4 )</td><td>$ -143.4 ( 143.4 )</td></tr><tr><td>3</td><td>oci before reclassifications</td><td>-305.2 ( 305.2 )</td><td>52.7</td><td>-0.2 ( 0.2 )</td><td>-30.6 ( 30.6 )</td></tr><tr><td>4</td><td>reclassifications</td><td>2013</td><td>-93.0 ( 93.0 )</td><td>2013</td><td>9.2</td></tr><tr><td>5</td><td>balance december 31 2015</td><td>$ -193.4 ( 193.4 )</td><td>$ 29.8</td><td>$ -0.6 ( 0.6 )</td><td>$ -164.8 ( 164.8 )</td></tr></table> .\nQuestion: what is the balance of cash flow hedges at the end of 2015?\nAnswer: 29.8\nQuestion: what about the balance of foreign currency translation?\n" }, { "role": "agent", "content": "-193.4" } ]
CONVFINQA10751	[ { "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\nsecurities have historically returned approximately 10% ( 10 % ) annually over long periods of time , while u.s . debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation ranges for equities and bonds produces a result between 7.25% ( 7.25 % ) and 8.75% ( 8.75 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods and consider the current economic environment . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns . while annual returns can vary significantly ( actual returns for 2012 , 2011 , and 2010 were +15.29% ( +15.29 % ) , +.11% ( +.11 % ) , and +14.87% ( +14.87 % ) , respectively ) , the selected assumption represents our estimated long-term average prospective returns . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from others . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . taking into consideration all of these factors , the expected long-term return on plan assets for determining net periodic pension cost for 2012 was 7.75% ( 7.75 % ) , the same as it was for 2011 . after considering the views of both internal and external capital market advisors , particularly with regard to the effects of the recent economic environment on long-term prospective fixed income returns , we are reducing our expected long-term return on assets to 7.50% ( 7.50 % ) for determining pension cost for 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 increase or decrease by up to $ 8 million as the impact is amortized into results of operations . we currently estimate a pretax pension expense of $ 73 million in 2013 compared with pretax expense of $ 89 million in 2012 . this year-over-year expected decrease reflects the impact of favorable returns on plan assets experienced in 2012 as well as the effects of the lower discount rate required to be used in the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2013 estimated expense as a baseline . table 27 : pension expense - sensitivity analysis change in assumption ( a ) estimated increase to 2013 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2013pensionexpense ( in millions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 21</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 19</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 2</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of required contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we do not expect to be required by law to make any contributions to the plan during 2013 . we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees , which are described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . the pnc financial services group , inc . 2013 form 10-k 77 .\nQuestion: what is the pension pretax expenses in 2012?\n" }, { "role": "agent", "content": "89.0" } ]

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