id
stringlengths 10
14
| entries
listlengths 2
2
|
|---|---|
CONVFINQA2812
|
[
{
"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 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guarantees of certain obligations of our subsidiaries relating principally to credit facilities , certain media payables and operating leases of certain subsidiaries . the amount of such parent company guarantees was $ 769.3 and $ 706.7 as of december 31 , 2009 and 2008 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2009 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 , 2009 . the estimated amounts listed would be paid in the event of exercise at the earliest exercise date . see note 6 for further information relating to the payment structure of our acquisitions . all payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revisions as the earn-out periods progress. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>deferred acquisition payments</td><td>$ 20.5</td><td>$ 34.8</td><td>$ 1.2</td><td>$ 1.1</td><td>$ 2.1</td><td>$ 0.3</td><td>$ 60.0</td></tr><tr><td>3</td><td>redeemable noncontrolling interests and call options with affiliates1</td><td>44.4</td><td>47.9</td><td>40.5</td><td>36.3</td><td>3.3</td><td>2014</td><td>172.4</td></tr><tr><td>4</td><td>total contingent acquisition payments</td><td>64.9</td><td>82.7</td><td>41.7</td><td>37.4</td><td>5.4</td><td>0.3</td><td>232.4</td></tr><tr><td>5</td><td>less : cash compensation expense included above</td><td>1.0</td><td>1.0</td><td>1.0</td><td>0.5</td><td>2014</td><td>2014</td><td>3.5</td></tr><tr><td>6</td><td>total</td><td>$ 63.9</td><td>$ 81.7</td><td>$ 40.7</td><td>$ 36.9</td><td>$ 5.4</td><td>$ 0.3</td><td>$ 228.9</td></tr></table> 1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions . in such instances , we have included the related estimated contingent acquisition obligation in the period when the earliest related option is exercisable . we have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2009 . as such , these estimated acquisition payments of $ 20.5 have been included within the total payments expected to be made in 2010 in the table and , if not made in 2010 , will continue to carry forward into 2011 or beyond until they are exercised or expire . redeemable noncontrolling interests are included in the table at current exercise price payable in cash , not at applicable redemption value in accordance with the authoritative guidance for classification and measurement of redeemable securities . legal matters we are involved in legal and administrative proceedings of various types . while any litigation contains an element of uncertainty , we do not believe that the outcome of such proceedings will have a material adverse effect on our financial condition , results of operations or cash flows . note 16 : recent accounting standards in december 2009 , the financial accounting standards board ( 201cfasb 201d ) amended authoritative guidance related to accounting for transfers and servicing of financial assets and extinguishments of liabilities . the guidance will be effective for the company beginning january 1 , 2010 . the guidance eliminates the concept of a qualifying special-purpose entity and changes the criteria for derecognizing financial assets . in addition , the guidance will require additional disclosures related to a company 2019s continued involvement with financial assets that have been transferred . we do not expect the adoption of this amended guidance to have a significant impact on our consolidated financial statements . in december 2009 , the fasb amended authoritative guidance for consolidating variable interest entities . the guidance will be effective for the company beginning january 1 , 2010 . specifically , the guidance revises factors that should be considered by a reporting entity when determining whether an entity that is insufficiently capitalized or is not controlled through voting ( or similar rights ) should be consolidated . this guidance also includes revised financial statement disclosures regarding the reporting entity 2019s involvement , including significant risk exposures as a result of that involvement , and the impact the relationship has on the reporting entity 2019s financial statements . we are currently evaluating the potential impact of the amended guidance on our consolidated financial statements. .\nQuestion: what was the change in deferred acquisition payments between 2011 and 2012?\nAnswer: 33.6\nQuestion: and the specific amount for 2011?\nAnswer: 34.8\nQuestion: what was the percentage change in deferred acquisition payments for these years?\n"
},
{
"role": "agent",
"content": "0.96552"
}
] |
CONVFINQA6885
|
[
{
"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 ) stock-based compensation 2014the company complies with the provisions of sfas no . 148 , 201caccounting for stock-based compensation 2014transition and disclosure 2014an amendment of sfas no . 123 , 201d which provides optional transition guidance for those companies electing to voluntarily adopt the accounting provisions of sfas no . 123 . the company continues to use accounting principles board opinion no . 25 ( apb no . 25 ) , 201caccounting for stock issued to employees , 201d to account for equity grants and awards to employees , officers and directors and has adopted the disclosure-only provisions of sfas no . 148 . in accordance with apb no . 25 , the company recognizes compensation expense based on the excess , if any , of the quoted stock price at the grant date of the award or other measurement date over the amount an employee must pay to acquire the stock . the company 2019s stock option plans are more fully described in note 13 . in december 2004 , the fasb issued sfas no . 123r , 201cshare-based payment 201d ( sfas no . 123r ) , described below . the following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no . 123 ( as amended ) to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2004</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>net loss as reported</td><td>$ -247587 ( 247587 )</td><td>$ -325321 ( 325321 )</td><td>$ -1163540 ( 1163540 )</td></tr><tr><td>3</td><td>add : stock-based employee compensation expense associated with modifications net of related tax effect included in net loss asreported</td><td>2297</td><td>2077</td><td>-</td></tr><tr><td>4</td><td>less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect</td><td>-23906 ( 23906 )</td><td>-31156 ( 31156 )</td><td>-38126 ( 38126 )</td></tr><tr><td>5</td><td>pro-forma net loss</td><td>$ -269196 ( 269196 )</td><td>$ -354400 ( 354400 )</td><td>$ -1201666 ( 1201666 )</td></tr><tr><td>6</td><td>basic and diluted net loss per share 2014as reported</td><td>$ -1.10 ( 1.10 )</td><td>$ -1.56 ( 1.56 )</td><td>$ -5.95 ( 5.95 )</td></tr><tr><td>7</td><td>basic and diluted net loss per share pro-forma</td><td>$ -1.20 ( 1.20 )</td><td>$ -1.70 ( 1.70 )</td><td>$ -6.15 ( 6.15 )</td></tr></table> during the year ended december 31 , 2004 and 2003 , the company modified certain option awards to accelerate vesting and recorded charges of $ 3.0 million and $ 2.3 million , respectively , and corresponding increases to additional paid in capital in the accompanying consolidated financial statements . fair value of financial instruments 2014the carrying values of the company 2019s financial instruments , with the exception of long-term obligations , including current portion , reasonably approximate the related fair values as of december 31 , 2004 and 2003 . as of december 31 , 2004 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.3 billion and $ 3.6 billion , respectively . as of december 31 , 2003 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.4 billion and $ 3.6 billion , respectively . fair values are based primarily on quoted market prices for those or similar instruments . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . under the plan , the company matching contribution for periods prior to june 30 , 2004 was 35% ( 35 % ) up to a maximum 5% ( 5 % ) of a participant 2019s contributions . effective july 1 , 2004 , the plan was amended to increase the company match to 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions . the company contributed approximately $ 533000 , $ 825000 and $ 979000 to the plan for the years ended december 31 , 2004 , 2003 and 2002 , respectively . recent accounting pronouncements 2014in december 2004 , the fasb issued sfas no . 123r , which is a revision of sfas no . 123 , 201caccounting for stock-based compensation , 201d and supersedes apb no . 25 , accounting for .\nQuestion: what were employee contributions in 2003?\n"
},
{
"role": "agent",
"content": "825000.0"
}
] |
CONVFINQA8858
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis net revenues in equities were $ 8.21 billion for 2012 , essentially unchanged compared with 2011 . net revenues in securities services were significantly higher compared with 2011 , reflecting a gain of $ 494 million on the sale of our hedge fund administration business . in addition , equities client execution net revenues were higher than 2011 , primarily reflecting significantly higher results in cash products , principally due to increased levels of client activity . these increases were offset by lower commissions and fees , reflecting declines in the united states , europe and asia . our average daily volumes during 2012 were lower in each of these regions compared with 2011 , consistent with listed cash equity market volumes . during 2012 , equities operated in an environment generally characterized by an increase in global equity prices and lower volatility levels . the net loss attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 714 million ( $ 433 million and $ 281 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2012 , compared with a net gain of $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 . during 2012 , institutional client services operated in an environment generally characterized by continued broad market concerns and uncertainties , although positive developments helped to improve market conditions . these developments included certain central bank actions to ease monetary policy and address funding risks for european financial institutions . in addition , the u.s . economy posted stable to improving economic data , including favorable developments in unemployment and housing . these improvements resulted in tighter credit spreads , higher global equity prices and lower levels of volatility . however , concerns about the outlook for the global economy and continued political uncertainty , particularly the political debate in the united states surrounding the fiscal cliff , generally resulted in client risk aversion and lower activity levels . also , uncertainty over financial regulatory reform persisted . operating expenses were $ 12.48 billion for 2012 , 3% ( 3 % ) lower than 2011 , primarily due to lower brokerage , clearing , exchange and distribution fees , and lower impairment charges , partially offset by higher net provisions for litigation and regulatory proceedings . pre- tax earnings were $ 5.64 billion in 2012 , 27% ( 27 % ) higher than 2011 . investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients . these investments , some of which are consolidated , and loans are typically longer-term in nature . we make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , and real estate entities . the table below presents the operating results of our investing & lending segment. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>year ended december 2013</td><td>year ended december 2012</td><td>year ended december 2011</td></tr><tr><td>2</td><td>equity securities</td><td>$ 3930</td><td>$ 2800</td><td>$ 603</td></tr><tr><td>3</td><td>debt securities and loans</td><td>1947</td><td>1850</td><td>96</td></tr><tr><td>4</td><td>other</td><td>1141</td><td>1241</td><td>1443</td></tr><tr><td>5</td><td>total net revenues</td><td>7018</td><td>5891</td><td>2142</td></tr><tr><td>6</td><td>operating expenses</td><td>2684</td><td>2666</td><td>2673</td></tr><tr><td>7</td><td>pre-tax earnings/ ( loss )</td><td>$ 4334</td><td>$ 3225</td><td>$ -531 ( 531 )</td></tr></table> 2013 versus 2012 . net revenues in investing & lending were $ 7.02 billion for 2013 , 19% ( 19 % ) higher than 2012 , reflecting a significant increase in net gains from investments in equity securities , driven by company-specific events and stronger corporate performance , as well as significantly higher global equity prices . in addition , net gains and net interest income from debt securities and loans were slightly higher , while other net revenues , related to our consolidated investments , were lower compared with 2012 . if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted . operating expenses were $ 2.68 billion for 2013 , essentially unchanged compared with 2012 . operating expenses during 2013 included lower impairment charges and lower operating expenses related to consolidated investments , partially offset by increased compensation and benefits expenses due to higher net revenues compared with 2012 . pre-tax earnings were $ 4.33 billion in 2013 , 34% ( 34 % ) higher than 2012 . 52 goldman sachs 2013 annual report .\nQuestion: what was the percent growth in pre-tax earnings in 2013?\n"
},
{
"role": "agent",
"content": "34.0"
}
] |
CONVFINQA9203
|
[
{
"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 results of operations net income 2017 compared to 2016 net income decreased $ 31.4 million primarily due to lower net revenue , higher depreciation and amortization expenses , higher other operation and maintenance expenses , and higher taxes other than income taxes . 2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue . net revenue 2017 compared to 2016 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 2017 to 2016 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2016 net revenue</td><td>$ 644.2</td></tr><tr><td>3</td><td>net wholesale revenue</td><td>-35.1 ( 35.1 )</td></tr><tr><td>4</td><td>purchased power capacity</td><td>-5.9 ( 5.9 )</td></tr><tr><td>5</td><td>transmission revenue</td><td>-5.4 ( 5.4 )</td></tr><tr><td>6</td><td>reserve equalization</td><td>5.6</td></tr><tr><td>7</td><td>retail electric price</td><td>19.0</td></tr><tr><td>8</td><td>other</td><td>4.4</td></tr><tr><td>9</td><td>2017 net revenue</td><td>$ 626.8</td></tr></table> the net wholesale revenue variance is primarily due to lower net capacity revenues resulting from the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 . the purchased power capacity variance is primarily due to increased expenses due to capacity cost changes for ongoing purchased power capacity contracts . the transmission revenue variance is primarily due to a decrease in the amount of transmission revenues allocated by miso . the reserve equalization variance is due to the absence of reserve equalization expenses in 2017 as a result of entergy texas 2019s exit from the system agreement in august 2016 . see note 2 to the financial statements for a discussion of the system agreement. .\nQuestion: what was the net difference in net revenue from 2016 to 2017?\n"
},
{
"role": "agent",
"content": "17.4"
}
] |
CONVFINQA4064
|
[
{
"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 in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7008</td><td>$ 8093</td><td>$ 7729</td><td>( 13 ) % ( % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1057</td><td>1496</td><td>1213</td><td>( 29 ) % ( % )</td><td>23% ( 23 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .\nQuestion: what is the 2009 segment sales multiplied by 32%?\n"
},
{
"role": "agent",
"content": "2242.56"
}
] |
CONVFINQA9213
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 15 . exhibits , financial statement schedules . ( continued ) kinder morgan , inc . form 10-k . <table class='wikitable'><tr><td>1</td><td>kinder morgan liquids terminals llc-n.j . development revenue bonds due january 15 2018 kinder morgan columbus llc-5.50% ( llc-5.50 % ) ms development revenue note due september 1 2022</td><td>25.0 8.2</td><td>25.0 8.2</td></tr><tr><td>2</td><td>kinder morgan operating l.p . 201cb 201d-jackson-union cos . il revenue bonds due april 1 2024</td><td>23.7</td><td>23.7</td></tr><tr><td>3</td><td>international marine terminals-plaquemines la revenue bonds due march 15 2025</td><td>40.0</td><td>40.0</td></tr><tr><td>4</td><td>other miscellaneous subsidiary debt</td><td>1.3</td><td>1.3</td></tr><tr><td>5</td><td>unamortized debt discount on long-term debt</td><td>-20.3 ( 20.3 )</td><td>-21.2 ( 21.2 )</td></tr><tr><td>6</td><td>current maturities of long-term debt</td><td>-1263.3 ( 1263.3 )</td><td>-596.6 ( 596.6 )</td></tr><tr><td>7</td><td>total long-term debt 2013 kmp</td><td>$ 10282.8</td><td>$ 10007.5</td></tr></table> ____________ ( a ) as a result of the implementation of asu 2009-17 , effective january 1 , 2010 , we ( i ) include the transactions and balances of our business trust , k n capital trust i and k n capital trust iii , in our consolidated financial statements and ( ii ) no longer include our junior subordinated deferrable interest debentures issued to the capital trusts ( see note 18 201crecent accounting pronouncements 201d ) . ( b ) kmp issued its $ 500 million in principal amount of 9.00% ( 9.00 % ) senior notes due february 1 , 2019 in december 2008 . each holder of the notes has the right to require kmp to repurchase all or a portion of the notes owned by such holder on february 1 , 2012 at a purchase price equal to 100% ( 100 % ) of the principal amount of the notes tendered by the holder plus accrued and unpaid interest to , but excluding , the repurchase date . on and after february 1 , 2012 , interest will cease to accrue on the notes tendered for repayment . a holder 2019s exercise of the repurchase option is irrevocable . kinder morgan kansas , inc . the 2028 and 2098 debentures and the 2012 and 2015 senior notes are redeemable in whole or in part , at kinder morgan kansas , inc . 2019s option at any time , at redemption prices defined in the associated prospectus supplements . the 2027 debentures are redeemable in whole or in part , at kinder morgan kansas , inc . 2019s option after november 1 , 2004 at redemption prices defined in the associated prospectus supplements . on september 2 , 2010 , kinder morgan kansas , inc . paid the remaining $ 1.1 million principal balance outstanding on kinder morgan kansas , inc . 2019s 6.50% ( 6.50 % ) series debentures , due 2013 . kinder morgan finance company , llc on december 20 , 2010 , kinder morgan finance company , llc , a wholly owned subsidiary of kinder morgan kansas , inc. , completed a public offering of senior notes . it issued a total of $ 750 million in principal amount of 6.00% ( 6.00 % ) senior notes due january 15 , 2018 . net proceeds received from the issuance of the notes , after underwriting discounts and commissions , were $ 744.2 million , which were used to retire the principal amount of the 5.35% ( 5.35 % ) senior notes that matured on january 5 , 2011 . the 2011 , 2016 , 2018 and 2036 senior notes issued by kinder morgan finance company , llc are redeemable in whole or in part , at kinder morgan kansas , inc . 2019s option at any time , at redemption prices defined in the associated prospectus supplements . each series of these notes is fully and unconditionally guaranteed by kinder morgan kansas , inc . on a senior unsecured basis as to principal , interest and any additional amounts required to be paid as a result of any withholding or deduction for canadian taxes . capital trust securities kinder morgan kansas , inc . 2019s business trusts , k n capital trust i and k n capital trust iii , are obligated for $ 12.7 million of 8.56% ( 8.56 % ) capital trust securities maturing on april 15 , 2027 and $ 14.4 million of 7.63% ( 7.63 % ) capital trust securities maturing on april 15 , 2028 , respectively , which it guarantees . the 2028 securities are redeemable in whole or in part , at kinder morgan kansas , inc . 2019s option at any time , at redemption prices as defined in the associated prospectus . the 2027 securities are redeemable in whole or in part at kinder morgan kansas , inc . 2019s option and at any time in certain limited circumstances upon the occurrence of certain events and at prices , all defined in the associated prospectus supplements . upon redemption by kinder morgan kansas , inc . or at maturity of the junior subordinated deferrable interest debentures , it must use the proceeds to make redemptions of the capital trust securities on a pro rata basis. .\nQuestion: what is the value of total long-term debt 2013 kmp?\nAnswer: 10282.8\nQuestion: what is the current portion of long-term debt?\n"
},
{
"role": "agent",
"content": "1263.3"
}
] |
CONVFINQA2702
|
[
{
"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 3 2014financial instruments ( continued ) accounts receivable trade receivables the company distributes its products through third-party distributors and resellers and directly to certain education , consumer , and commercial customers . the company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk . in addition , when possible , the company does attempt to limit credit risk on trade receivables with credit insurance for certain customers in latin america , europe , asia , and australia and by arranging with third- party financing companies to provide flooring arrangements and other loan and lease programs to the company 2019s direct customers . these credit-financing arrangements are directly between the third-party financing company and the end customer . as such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements . however , considerable trade receivables that are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 30 , 2006 or september 24 , 2005 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 30 , september 24 , september 25 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 30 2006</td><td>september 24 2005</td><td>september 25 2004</td></tr><tr><td>2</td><td>beginning allowance balance</td><td>$ 46</td><td>$ 47</td><td>$ 49</td></tr><tr><td>3</td><td>charged to costs and expenses</td><td>17</td><td>8</td><td>3</td></tr><tr><td>4</td><td>deductions ( a )</td><td>-11 ( 11 )</td><td>-9 ( 9 )</td><td>-5 ( 5 )</td></tr><tr><td>5</td><td>ending allowance balance</td><td>$ 52</td><td>$ 46</td><td>$ 47</td></tr></table> ( a ) represents amounts written off against the allowance , net of recoveries . 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 $ 1.6 billion and $ 417 million as of september 30 , 2006 and september 24 , 2005 , 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 . from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt . 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 was the ending allowance balance in the year of 2006?\nAnswer: 52.0\nQuestion: and what was that of 2005?\nAnswer: 46.0\nQuestion: what was the change in the ending allowance balance from 2005 to 2006?\n"
},
{
"role": "agent",
"content": "6.0"
}
] |
CONVFINQA1597
|
[
{
"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./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions except rates )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>net interest income 2013 managed basis ( a ) ( b )</td><td>$ 51410</td><td>$ 47292</td><td>$ 44620</td></tr><tr><td>3</td><td>less : cib markets net interest income ( c )</td><td>4630</td><td>6334</td><td>5298</td></tr><tr><td>4</td><td>net interest income excluding cib markets ( a )</td><td>$ 46780</td><td>$ 40958</td><td>$ 39322</td></tr><tr><td>5</td><td>average interest-earning assets</td><td>$ 2180592</td><td>$ 2101604</td><td>$ 2088242</td></tr><tr><td>6</td><td>less : average cib markets interest-earning assets ( c )</td><td>540835</td><td>520307</td><td>510292</td></tr><tr><td>7</td><td>average interest-earning assets excluding cib markets</td><td>$ 1639757</td><td>$ 1581297</td><td>$ 1577950</td></tr><tr><td>8</td><td>net interest yield on average interest-earning assets 2013 managed basis</td><td>2.36% ( 2.36 % )</td><td>2.25% ( 2.25 % )</td><td>2.14% ( 2.14 % )</td></tr><tr><td>9</td><td>net interest yield on average cib markets interest-earning assets ( c )</td><td>0.86</td><td>1.22</td><td>1.04</td></tr><tr><td>10</td><td>net interest yield on average interest-earning assets excluding cib markets</td><td>2.85% ( 2.85 % )</td><td>2.59% ( 2.59 % )</td><td>2.49% ( 2.49 % )</td></tr></table> jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .\nQuestion: what fraction of the total net interest income 2013 managed basis is related to the cib markets net interest income in 2016?\nAnswer: 0.13393\nQuestion: what is the average interest-earning assets excluding cib markets in 2017?\n"
},
{
"role": "agent",
"content": "1639757.0"
}
] |
CONVFINQA9380
|
[
{
"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 the firm permanently reinvests eligible earnings of certain foreign subsidiaries and , accordingly , does not accrue any u.s . income taxes that would arise if such earnings were repatriated . as of december 2012 and december 2011 , this policy resulted in an unrecognized net deferred tax liability of $ 3.75 billion and $ 3.32 billion , respectively , attributable to reinvested earnings of $ 21.69 billion and $ 20.63 billion , respectively . unrecognized tax benefits the firm recognizes tax positions in the financial statements only when it is more likely than not that the position will be sustained on examination by the relevant taxing authority based on the technical merits of the position . a position that meets this standard is measured at the largest amount of benefit that will more likely than not be realized on settlement . a liability is established for differences between positions taken in a tax return and amounts recognized in the financial statements . as of december 2012 and december 2011 , the accrued liability for interest expense related to income tax matters and income tax penalties was $ 374 million and $ 233 million , respectively . the firm recognized $ 95 million , $ 21 million and $ 28 million of interest and income tax penalties for the years ended december 2012 , december 2011 and december 2010 , respectively . it is reasonably possible that unrecognized tax benefits could change significantly during the twelve months subsequent to december 2012 due to potential audit settlements , however , at this time it is not possible to estimate any potential change . the table below presents the changes in the liability for unrecognized tax benefits . this liability is included in 201cother liabilities and accrued expenses . 201d see note 17 for further information. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>as of december 2012</td><td>as of december 2011</td><td>as of december 2010</td></tr><tr><td>2</td><td>balance beginning of year</td><td>$ 1887</td><td>$ 2081</td><td>$ 1925</td></tr><tr><td>3</td><td>increases based on tax positions related to the current year</td><td>190</td><td>171</td><td>171</td></tr><tr><td>4</td><td>increases based on tax positions related to prior years</td><td>336</td><td>278</td><td>162</td></tr><tr><td>5</td><td>decreases related to tax positions of prior years</td><td>-109 ( 109 )</td><td>-41 ( 41 )</td><td>-104 ( 104 )</td></tr><tr><td>6</td><td>decreases related to settlements</td><td>-35 ( 35 )</td><td>-638 ( 638 )</td><td>-128 ( 128 )</td></tr><tr><td>7</td><td>acquisitions/ ( dispositions )</td><td>-47 ( 47 )</td><td>47</td><td>56</td></tr><tr><td>8</td><td>exchange rate fluctuations</td><td>15</td><td>-11 ( 11 )</td><td>-1 ( 1 )</td></tr><tr><td>9</td><td>balance end of year</td><td>$ 2237</td><td>$ 1887</td><td>$ 2081</td></tr><tr><td>10</td><td>related deferred income tax asset1</td><td>685</td><td>569</td><td>972</td></tr><tr><td>11</td><td>net unrecognized tax benefit2</td><td>$ 1552</td><td>$ 1318</td><td>$ 1109</td></tr></table> related deferred income tax asset 1 685 569 972 net unrecognized tax benefit 2 $ 1552 $ 1318 $ 1109 1 . included in 201cother assets . 201d see note 12 . 2 . if recognized , the net tax benefit would reduce the firm 2019s effective income tax rate . 194 goldman sachs 2012 annual report .\nQuestion: what was the net unrecognized tax benefit as of 12/11?\n"
},
{
"role": "agent",
"content": "1318.0"
}
] |
CONVFINQA1560
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our class a common stock trades on the new york stock exchange under the symbol 201cma 201d . at february 8 , 2019 , we had 73 stockholders of record for our class a common stock . we believe that the number of beneficial owners is substantially greater than the number of record holders because a large portion of our class a common stock is held in 201cstreet name 201d by brokers . there is currently no established public trading market for our class b common stock . there were approximately 287 holders of record of our non-voting class b common stock as of february 8 , 2019 , constituting approximately 1.1% ( 1.1 % ) of our total outstanding equity . stock performance graph the graph and table below compare the cumulative total stockholder return of mastercard 2019s class a common stock , the s&p 500 financials and the s&p 500 index for the five-year period ended december 31 , 2018 . the graph assumes a $ 100 investment in our class a common stock and both of the indices and the reinvestment of dividends . mastercard 2019s class b common stock is not publicly traded or listed on any exchange or dealer quotation system . total returns to stockholders for each of the years presented were as follows : indexed returns base period for the years ended december 31 . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>base period 2013</td><td>base period 2014</td><td>base period 2015</td><td>base period 2016</td><td>base period 2017</td><td>2018</td></tr><tr><td>2</td><td>mastercard</td><td>$ 100.00</td><td>$ 103.73</td><td>$ 118.05</td><td>$ 126.20</td><td>$ 186.37</td><td>$ 233.56</td></tr><tr><td>3</td><td>s&p 500 financials</td><td>100.00</td><td>115.20</td><td>113.44</td><td>139.31</td><td>170.21</td><td>148.03</td></tr><tr><td>4</td><td>s&p 500 index</td><td>100.00</td><td>113.69</td><td>115.26</td><td>129.05</td><td>157.22</td><td>150.33</td></tr></table> .\nQuestion: what was the value of mastercard in 2014?\nAnswer: 103.73\nQuestion: what was that less 100?\nAnswer: 3.73\nQuestion: what is that divided by 100?\n"
},
{
"role": "agent",
"content": "0.0373"
}
] |
CONVFINQA8779
|
[
{
"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\napproved by the board of directors on april 21 , 2004 and expired on april 30 , 2006 . sources and uses in financing activities during 2005 related primarily to uses for the payment of a dividend ( $ 54.0 million ) and stock repurchase ( $ 26.7 million ) , and a source of cash from the issuance of common shares related to the exercise of employee stock options , the related tax benefit , and the employee stock purchase plan ( $ 9.7 million ) . cash dividends paid to shareholders were $ 162.5 million , $ 107.9 million , and $ 54.0 million during fiscal years 2007 , 2006 , and 2005 , respectively . we believe that our existing cash balances and cash flow from operations will be sufficient to meet our projected capital expenditures , working capital and other cash requirements at least through the end of fiscal 2010 . contractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 , aggregated by type of contractual obligation . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period total</td><td>payments due by period less than 1 year</td><td>payments due by period 1-3 years</td><td>payments due by period 3-5 years</td><td>payments due by period more than 5 years</td></tr><tr><td>2</td><td>operating leases</td><td>$ 43438</td><td>$ 6581</td><td>$ 11582</td><td>$ 9263</td><td>$ 16012</td></tr><tr><td>3</td><td>purchase obligations</td><td>5078</td><td>422</td><td>2251</td><td>2405</td><td>0</td></tr><tr><td>4</td><td>total</td><td>$ 48516</td><td>$ 7003</td><td>$ 13833</td><td>$ 11668</td><td>$ 16012</td></tr></table> operating leases describes lease obligations associated with garmin facilities located in the u.s. , taiwan , the u.k. , and canada . purchase obligations are the aggregate of those purchase orders that were outstanding on december 29 , 2007 ; these obligations are created and then paid off within 3 months during the normal course of our manufacturing business . off-balance sheet arrangements we do not have any off-balance sheet arrangements . item 7a . quantitative and qualitative disclosures about market risk market sensitivity we have market risk primarily in connection with the pricing of our products and services and the purchase of raw materials . product pricing and raw materials costs are both significantly influenced by semiconductor market conditions . historically , during cyclical industry downturns , we have been able to offset pricing declines for our products through a combination of improved product mix and success in obtaining price reductions in raw materials costs . inflation we do not believe that inflation has had a material effect on our business , financial condition or results of operations . if our costs were to become subject to significant inflationary pressures , we may not be able to fully offset such higher costs through price increases . our inability or failure to do so could adversely affect our business , financial condition and results of operations . foreign currency exchange rate risk the operation of garmin 2019s subsidiaries in international markets results in exposure to movements in currency exchange rates . we generally have not been significantly affected by foreign exchange fluctuations .\nQuestion: what portion of total obligations are related to operating leases?\nAnswer: 0.89533\nQuestion: what is the total purchase obligations as of dec 29, 2007?\nAnswer: 5078.0\nQuestion: what about the total contractual oblitations?\nAnswer: 48516.0\nQuestion: what portion is related to purchase obligations?\n"
},
{
"role": "agent",
"content": "0.10467"
}
] |
CONVFINQA943
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n\"three factor formula\" ) . the consolidated financial statements include northrop grumman management and support services allocations totaling $ 32 million for the year ended december 31 , 2011 . shared services and infrastructure costs - this category includes costs for functions such as information technology support , systems maintenance , telecommunications , procurement and other shared services while hii was a subsidiary of northrop grumman . these costs were generally allocated to the company using the three factor formula or based on usage . the consolidated financial statements reflect shared services and infrastructure costs allocations totaling $ 80 million for the year ended december 31 , 2011 . northrop grumman-provided benefits - this category includes costs for group medical , dental and vision insurance , 401 ( k ) savings plan , pension and postretirement benefits , incentive compensation and other benefits . these costs were generally allocated to the company based on specific identification of the benefits provided to company employees participating in these benefit plans . the consolidated financial statements include northrop grumman- provided benefits allocations totaling $ 169 million for the year ended december 31 , 2011 . management believes that the methods of allocating these costs are reasonable , consistent with past practices , and in conformity with cost allocation requirements of cas or the far . related party sales and cost of sales prior to the spin-off , hii purchased and sold certain products and services from and to other northrop grumman entities . purchases of products and services from these affiliated entities , which were recorded at cost , were $ 44 million for the year ended december 31 , 2011 . sales of products and services to these entities were $ 1 million for the year ended december 31 , 2011 . former parent's equity in unit transactions between hii and northrop grumman prior to the spin-off have been included in the consolidated financial statements and were effectively settled for cash at the time the transaction was recorded . the net effect of the settlement of these transactions is reflected as former parent's equity in unit in the consolidated statement of changes in equity . 21 . unaudited selected quarterly data unaudited quarterly financial results for the years ended december 31 , 2013 and 2012 , are set forth in the following tables: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>year ended december 31 2013 1st qtr</td><td>year ended december 31 2013 2nd qtr</td><td>year ended december 31 2013 3rd qtr</td><td>year ended december 31 2013 4th qtr</td></tr><tr><td>2</td><td>sales and service revenues</td><td>$ 1562</td><td>$ 1683</td><td>$ 1637</td><td>$ 1938</td></tr><tr><td>3</td><td>operating income ( loss )</td><td>95</td><td>116</td><td>127</td><td>174</td></tr><tr><td>4</td><td>earnings ( loss ) before income taxes</td><td>65</td><td>87</td><td>99</td><td>143</td></tr><tr><td>5</td><td>net earnings ( loss )</td><td>44</td><td>57</td><td>69</td><td>91</td></tr><tr><td>6</td><td>dividends declared per share</td><td>$ 0.10</td><td>$ 0.10</td><td>$ 0.10</td><td>$ 0.20</td></tr><tr><td>7</td><td>basic earnings ( loss ) per share</td><td>$ 0.88</td><td>$ 1.14</td><td>$ 1.38</td><td>$ 1.86</td></tr><tr><td>8</td><td>diluted earnings ( loss ) per share</td><td>$ 0.87</td><td>$ 1.12</td><td>$ 1.36</td><td>$ 1.82</td></tr></table> .\nQuestion: in the year of 2013, during the second quarter, what was the operating income as a portion of sales and service revenues?\nAnswer: 0.06892\nQuestion: and during both the first and the second quarter, what was the total of dividends declared per share?\n"
},
{
"role": "agent",
"content": "0.2"
}
] |
CONVFINQA8013
|
[
{
"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\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively . certain facilities and equipment are leased under operating leases expiring at various dates . most of the operating leases contain renewal options . total expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively . 11 . financial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis . financial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt . the fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices . for other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows . the carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates . the company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. . <table class='wikitable'><tr><td>1</td><td>-</td><td>operating leases</td><td>aggregate debt maturities</td></tr><tr><td>2</td><td>2005</td><td>$ 13.1</td><td>$ 2014</td></tr><tr><td>3</td><td>2006</td><td>11.5</td><td>2014</td></tr><tr><td>4</td><td>2007</td><td>8.9</td><td>2014</td></tr><tr><td>5</td><td>2008</td><td>8.0</td><td>2014</td></tr><tr><td>6</td><td>2009</td><td>7.2</td><td>2014</td></tr><tr><td>7</td><td>thereafter</td><td>1.1</td><td>267.1</td></tr><tr><td>8</td><td>total obligations and commitments</td><td>$ 49.8</td><td>$ 267.1</td></tr></table> edwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively . certain facilities and equipment are leased under operating leases expiring at various dates . most of the operating leases contain renewal options . total expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively . 11 . financial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis . financial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt . the fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices . for other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows . the carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates . the company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. .\nQuestion: what was total expense for all operating leases in 2003?\n"
},
{
"role": "agent",
"content": "12.3"
}
] |
CONVFINQA6967
|
[
{
"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 descriptions and fair value methodologies for the u.s . and international pension plan assets are as follows : cash and cash equivalents the carrying amounts of cash and cash equivalents approximate fair value due to the short-term maturity . equity securities equity securities are valued at the closing market price reported on a u.s . or international exchange where the security is actively traded and are therefore classified as level 1 assets . equity mutual and pooled funds shares of mutual funds are valued at the net asset value ( nav ) of the fund and are classified as level 1 assets . units of pooled funds are valued at the per unit nav determined by the fund manager based on the value of the underlying traded holdings and are classified as level 2 assets . corporate and government bonds corporate and government bonds are classified as level 2 assets , as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings . other pooled funds other pooled funds classified as level 2 assets are valued at the nav of the shares held at year end , which is based on the fair value of the underlying investments . securities and interests classified as level 3 are carried at the estimated fair value . the estimated fair value is based on the fair value of the underlying investment values , which includes estimated bids from brokers or other third-party vendor sources that utilize expected cash flow streams and other uncorroborated data including counterparty credit quality , default risk , discount rates , and the overall capital market liquidity . insurance contracts insurance contracts are classified as level 3 assets , as they are carried at contract value , which approximates the estimated fair value . the estimated fair value is based on the fair value of the underlying investment of the insurance company and discount rates that require inputs with limited observability . contributions and projected benefit payments pension contributions to funded plans and benefit payments for unfunded plans for fiscal year 2018 were $ 68.3 . contributions for funded plans resulted primarily from contractual and regulatory requirements . benefit payments to unfunded plans were due primarily to the timing of retirements . we anticipate contributing $ 45 to $ 65 to the defined benefit pension plans in fiscal year 2019 . these contributions are anticipated to be driven primarily by contractual and regulatory requirements for funded plans and benefit payments for unfunded plans , which are dependent upon timing of retirements . projected benefit payments , which reflect expected future service , are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>international</td></tr><tr><td>2</td><td>2019</td><td>$ 165.5</td><td>$ 52.8</td></tr><tr><td>3</td><td>2020</td><td>152.4</td><td>53.9</td></tr><tr><td>4</td><td>2021</td><td>157.0</td><td>55.6</td></tr><tr><td>5</td><td>2022</td><td>163.7</td><td>56.0</td></tr><tr><td>6</td><td>2023</td><td>167.9</td><td>60.6</td></tr><tr><td>7</td><td>2024-2028</td><td>900.2</td><td>336.8</td></tr></table> these estimated benefit payments are based on assumptions about future events . actual benefit payments may vary significantly from these estimates. .\nQuestion: what is the ratio of projected payments in us in 2021 to 2020??\n"
},
{
"role": "agent",
"content": "1.03018"
}
] |
CONVFINQA10452
|
[
{
"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\ninvestments prior to our acquisition of keystone on october 12 , 2007 , we held common shares of keystone , which were classified as an available-for-sale investment security . accordingly , the investment was included in other assets at its fair value , with the unrealized gain excluded from earnings and included in accumulated other comprehensive income , net of applicable taxes . upon our acquisition of keystone on october 12 , 2007 , the unrealized gain was removed from accumulated other comprehensive income , net of applicable taxes , and the original cost of the common shares was considered a component of the purchase price . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on current market conditions , our interest rate margins are below the rate available in the market , which causes the fair value of our debt to fall below the carrying value . the fair value of our term loans ( see note 6 , 201clong-term obligations 201d ) is approximately $ 570 million at december 31 , 2009 , as compared to the carrying value of $ 596 million . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market approach to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . the market approach utilizes available market information to estimate fair value . required fair value disclosures are included in note 8 , 201cfair value measurements . 201d accrued expenses we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of our property and casualty risk , which includes automobile liability , general liability , workers 2019 compensation and property under deductible insurance programs . the insurance premium costs are expensed over the contract periods . a reserve for liabilities associated with these losses is established for claims filed and claims incurred but not yet reported based upon our estimate of ultimate cost , which is calculated using analyses of historical data . we monitor new claims and claim development as well as trends related to the claims incurred but not reported in order to assess the adequacy of our insurance reserves . self-insurance reserves on the consolidated balance sheets are net of claims deposits of $ 0.7 million and $ 0.8 million , at december 31 , 2009 and 2008 , respectively . while we do not expect the amounts ultimately paid to differ significantly from our estimates , our insurance reserves and corresponding expenses could be affected if future claim experience differs significantly from historical trends and assumptions . product warranties some of our mechanical products are sold with a standard six-month warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2008</td><td>$ 580</td></tr><tr><td>2</td><td>warranty expense</td><td>3681</td></tr><tr><td>3</td><td>warranty claims</td><td>-3721 ( 3721 )</td></tr><tr><td>4</td><td>balance as of december 31 2008</td><td>540</td></tr><tr><td>5</td><td>warranty expense</td><td>5033</td></tr><tr><td>6</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>7</td><td>balance as of december 31 2009</td><td>$ 604</td></tr></table> .\nQuestion: what was the change in warranty reserve balance from 2008 to 2009?\nAnswer: 64.0\nQuestion: what was the value in 2008?\n"
},
{
"role": "agent",
"content": "540.0"
}
] |
CONVFINQA7099
|
[
{
"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\nabiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 8 . stock award plans and stock-based compensation ( continued ) restricted stock and restricted stock units the following table summarizes restricted stock and restricted stock unit activity for the fiscal year ended march 31 , 2012 : number of shares ( in thousands ) weighted average grant date fair value ( per share ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of shares ( in thousands )</td><td>weighted average grant date fair value ( per share )</td></tr><tr><td>2</td><td>restricted stock and restricted stock units at beginning of year</td><td>407</td><td>$ 9.84</td></tr><tr><td>3</td><td>granted</td><td>607</td><td>18.13</td></tr><tr><td>4</td><td>vested</td><td>-134 ( 134 )</td><td>10.88</td></tr><tr><td>5</td><td>forfeited</td><td>-9 ( 9 )</td><td>13.72</td></tr><tr><td>6</td><td>restricted stock and restricted stock units at end of year</td><td>871</td><td>$ 15.76</td></tr></table> the remaining unrecognized compensation expense for outstanding restricted stock and restricted stock units , including performance-based awards , as of march 31 , 2012 was $ 7.1 million and the weighted-average period over which this cost will be recognized is 2.2 years . the weighted average grant-date fair value for restricted stock and restricted stock units granted during the years ended march 31 , 2012 , 2011 , and 2010 was $ 18.13 , $ 10.00 and $ 7.67 per share , respectively . the total fair value of restricted stock and restricted stock units vested in fiscal years 2012 , 2011 , and 2010 was $ 1.5 million , $ 1.0 million and $ 0.4 million , respectively . performance-based awards included in the restricted stock and restricted stock units activity discussed above are certain awards granted in fiscal years 2012 , 2011 and 2010 that vest subject to certain performance-based criteria . in june 2010 , 311000 shares of restricted stock and a performance-based award for the potential issuance of 45000 shares of common stock were issued to certain executive officers and members of senior management of the company , all of which would vest upon achievement of prescribed service milestones by the award recipients and performance milestones by the company . during the year ended march 31 , 2011 , the company determined that it met the prescribed performance targets and a portion of these shares and stock options vested . the remaining shares will vest upon satisfaction of prescribed service conditions by the award recipients . during the three months ended june 30 , 2011 , the company determined that it should have been using the graded vesting method instead of the straight-line method to expense stock-based compensation for the performance-based awards issued in june 2010 . this resulted in additional stock based compensation expense of approximately $ 0.6 million being recorded during the three months ended june 30 , 2011 that should have been recorded during the year ended march 31 , 2011 . the company believes that the amount is not material to its march 31 , 2011 consolidated financial statements and therefore recorded the adjustment in the quarter ended june 30 , 2011 . during the three months ended june 30 , 2011 , performance-based awards of restricted stock units for the potential issuance of 284000 shares of common stock were issued to certain executive officers and members of the senior management , all of which would vest upon achievement of prescribed service milestones by the award recipients and revenue performance milestones by the company . as of march 31 , 2012 , the company determined that it met the prescribed targets for 184000 shares underlying these awards and it believes it is probable that the prescribed performance targets will be met for the remaining 100000 shares , and the compensation expense is being recognized accordingly . during the year ended march 31 , 2012 , the company has recorded $ 3.3 million in stock-based compensation expense for equity awards in which the prescribed performance milestones have been achieved or are probable of being achieved . the remaining unrecognized compensation expense related to these equity awards at march 31 , 2012 is $ 3.6 million based on the company 2019s current assessment of probability of achieving the performance milestones . the weighted-average period over which this cost will be recognized is 2.1 years. .\nQuestion: what was the total value of the granted shares in 2012, in thousands of dollars?\nAnswer: 11004.91\nQuestion: and how much is that in dollars?\nAnswer: 11004910.0\nQuestion: in that same year, what was the amount of the equity awards in which the prescribed performance milestones were achieved, also in dollars?\n"
},
{
"role": "agent",
"content": "3300000.0"
}
] |
CONVFINQA5758
|
[
{
"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./2012 annual report 119 implementing further revisions to the capital accord in the u.s . ( such further revisions are commonly referred to as 201cbasel iii 201d ) . basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures . basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer . implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) . in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 . the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance . currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common . in addition , pursuant to the requirements of the dodd-frank act , u.s . federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations . the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets . tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans . the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 . the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures . however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies . december 31 , 2012 ( in millions , except ratios ) . <table class='wikitable'><tr><td>1</td><td>tier 1 common under basel i rules</td><td>$ 140342</td></tr><tr><td>2</td><td>adjustments related to aoci for afs securities and defined benefit pension and opeb plans</td><td>4077</td></tr><tr><td>3</td><td>all other adjustments</td><td>-453 ( 453 )</td></tr><tr><td>4</td><td>estimated tier 1 common under basel iii rules</td><td>$ 143966</td></tr><tr><td>5</td><td>estimated risk-weighted assets under basel iii rules ( a )</td><td>$ 1647903</td></tr><tr><td>6</td><td>estimated tier 1 common ratio under basel iii rules ( b )</td><td>8.7% ( 8.7 % )</td></tr></table> estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not . the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models . ( b ) the tier 1 common ratio is tier 1 common divided by rwa . the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s . federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators . the basel iii capital requirements are subject to prolonged transition periods . the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 . in november 2012 , the u.s . federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements . the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 . management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) . additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report . broker-dealer regulatory capital jpmorgan chase 2019s principal u.s . broker-dealer subsidiaries are j.p . morgan securities llc ( 201cjpmorgan securities 201d ) and j.p . morgan clearing corp . ( 201cjpmorgan clearing 201d ) . jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services . jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) . jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) . jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule . at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .\nQuestion: how much would be 9,5% of the estimated risk-weighted assets under basel iii rules ( a )?\nAnswer: 156550.785\nQuestion: and what is the total of estimated tier 1 common under basel iii rules?\nAnswer: 143966.0\nQuestion: then, how much would it cost to meet, from the estimated tier 1 common under basel iii rules, the common ratio of 9,5% of the of the estimated risk-weighted assets?\n"
},
{
"role": "agent",
"content": "12584.785"
}
] |
CONVFINQA7224
|
[
{
"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\n4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .\nQuestion: what was the non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted in 2010?\nAnswer: 25.0\nQuestion: and what was it in 2009?\n"
},
{
"role": "agent",
"content": "46.0"
}
] |
CONVFINQA9106
|
[
{
"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\n35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .\nQuestion: what was the value of annual operating cash flow in 2012?\n"
},
{
"role": "agent",
"content": "50856.0"
}
] |
CONVFINQA5211
|
[
{
"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 the table below presents information regarding group inc . 2019s regulatory capital ratios and tier 1 leverage ratio under basel i , as implemented by the federal reserve board . the information as of december 2013 reflects the revised market risk regulatory capital requirements . these changes resulted in increased regulatory capital requirements for market risk . the information as of december 2012 is prior to the implementation of these revised market risk regulatory capital requirements. . <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>tier 1 capital</td><td>$ 72471</td><td>$ 66977</td></tr><tr><td>3</td><td>tier 2 capital</td><td>$ 13632</td><td>$ 13429</td></tr><tr><td>4</td><td>total capital</td><td>$ 86103</td><td>$ 80406</td></tr><tr><td>5</td><td>risk-weighted assets</td><td>$ 433226</td><td>$ 399928</td></tr><tr><td>6</td><td>tier 1 capital ratio</td><td>16.7% ( 16.7 % )</td><td>16.7% ( 16.7 % )</td></tr><tr><td>7</td><td>total capital ratio</td><td>19.9% ( 19.9 % )</td><td>20.1% ( 20.1 % )</td></tr><tr><td>8</td><td>tier 1 leverage ratio</td><td>8.1% ( 8.1 % )</td><td>7.3% ( 7.3 % )</td></tr></table> revised capital framework the u.s . federal bank regulatory agencies ( agencies ) have approved revised risk-based capital and leverage ratio regulations establishing a new comprehensive capital framework for u.s . banking organizations ( revised capital framework ) . these regulations are largely based on the basel committee 2019s december 2010 final capital framework for strengthening international capital standards ( basel iii ) and also implement certain provisions of the dodd-frank act . under the revised capital framework , group inc . is an 201cadvanced approach 201d banking organization . below are the aspects of the rules that are most relevant to the firm , as an advanced approach banking organization . definition of capital and capital ratios . the revised capital framework introduced changes to the definition of regulatory capital , which , subject to transitional provisions , became effective across the firm 2019s regulatory capital and leverage ratios on january 1 , 2014 . these changes include the introduction of a new capital measure called common equity tier 1 ( cet1 ) , and the related regulatory capital ratio of cet1 to rwas ( cet1 ratio ) . in addition , the definition of tier 1 capital has been narrowed to include only cet1 and instruments such as perpetual non- cumulative preferred stock , which meet certain criteria . certain aspects of the revised requirements phase in over time . these include increases in the minimum capital ratio requirements and the introduction of new capital buffers and certain deductions from regulatory capital ( such as investments in nonconsolidated financial institutions ) . in addition , junior subordinated debt issued to trusts is being phased out of regulatory capital . the minimum cet1 ratio is 4.0% ( 4.0 % ) as of january 1 , 2014 and will increase to 4.5% ( 4.5 % ) on january 1 , 2015 . the minimum tier 1 capital ratio increased from 4.0% ( 4.0 % ) to 5.5% ( 5.5 % ) on january 1 , 2014 and will increase to 6.0% ( 6.0 % ) beginning january 1 , 2015 . the minimum total capital ratio remains unchanged at 8.0% ( 8.0 % ) . these minimum ratios will be supplemented by a new capital conservation buffer that phases in , beginning january 1 , 2016 , in increments of 0.625% ( 0.625 % ) per year until it reaches 2.5% ( 2.5 % ) on january 1 , 2019 . the revised capital framework also introduces a new counter-cyclical capital buffer , to be imposed in the event that national supervisors deem it necessary in order to counteract excessive credit growth . risk-weighted assets . in february 2014 , the federal reserve board informed us that we have completed a satisfactory 201cparallel run , 201d as required of advanced approach banking organizations under the revised capital framework , and therefore changes to rwas will take effect beginning with the second quarter of 2014 . accordingly , the calculation of rwas in future quarters will be based on the following methodologies : 2030 during the first quarter of 2014 2014 the basel i risk-based capital framework adjusted for certain items related to existing capital deductions and the phase-in of new capital deductions ( basel i adjusted ) ; 2030 during the remaining quarters of 2014 2014 the higher of rwas computed under the basel iii advanced approach or the basel i adjusted calculation ; and 2030 beginning in the first quarter of 2015 2014 the higher of rwas computed under the basel iii advanced or standardized approach . goldman sachs 2013 annual report 191 .\nQuestion: what is the difference between the tier 2 capital of december 2013 and that of december 2012?\nAnswer: 203.0\nQuestion: what is the tier 2 capital of december 2012?\n"
},
{
"role": "agent",
"content": "13429.0"
}
] |
CONVFINQA2906
|
[
{
"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\nconsume significant amounts of energy , and we may in the future incur additional or increased capital , operating and other expenditures from changes due to new or increased climate-related and other environmental regulations . we could also incur substantial liabilities , including fines or sanctions , enforcement actions , natural resource damages claims , cleanup and closure costs , and third-party claims for property damage and personal injury under environmental and common laws . the foreign corrupt practices act of 1977 and local anti-bribery laws , including those in brazil , china , mexico , india and the united kingdom ( where we maintain operations directly or through a joint venture ) , prohibit companies and their intermediaries from making improper payments to government officials for the purpose of influencing official decisions . our internal control policies and procedures , or those of our vendors , may not adequately protect us from reckless or criminal acts committed or alleged to have been committed by our employees , agents or vendors . any such violations could lead to civil or criminal monetary and non-monetary penalties and/or could damage our reputation . we are subject to a number of labor and employment laws and regulations that could significantly increase our operating costs and reduce our operational flexibility . additionally , changing privacy laws in the united states ( including the california consumer privacy act , which will become effective in january 2020 ) , europe ( where the general data protection regulation became effective in 2018 ) and elsewhere have created new individual privacy rights , imposed increased obligations on companies handling personal data and increased potential exposure to fines and penalties . item 1b . unresolved staff comments there are no unresolved sec staff comments . item 2 . properties we operate locations in north america , including the majority of u.s . states , south america , europe , asia and australia . we lease our principal offices in atlanta , ga . we believe that our existing production capacity is adequate to serve existing demand for our products and consider our plants and equipment to be in good condition . our corporate and operating facilities as of september 30 , 2019 are summarized below: . <table class='wikitable'><tr><td>1</td><td>segment</td><td>number of facilities owned</td><td>number of facilities leased</td><td>number of facilities total</td></tr><tr><td>2</td><td>corrugated packaging</td><td>112</td><td>61</td><td>173</td></tr><tr><td>3</td><td>consumer packaging</td><td>84</td><td>55</td><td>139</td></tr><tr><td>4</td><td>corporate and significant regional offices</td><td>2014</td><td>10</td><td>10</td></tr><tr><td>5</td><td>total</td><td>196</td><td>126</td><td>322</td></tr></table> the tables that follow show our annual production capacity by mill at september 30 , 2019 in thousands of tons , except for the north charleston , sc mill which reflects our capacity after the previously announced machine closure expected to occur in fiscal 2020 . our mill system production levels and operating rates may vary from year to year due to changes in market and other factors , including the impact of hurricanes and other weather-related events . our simple average mill system operating rates for the last three years averaged 94% ( 94 % ) . we own all of our mills. .\nQuestion: what is the amount of facilities that is owned by the company?\nAnswer: 196.0\nQuestion: and what is the total of those facilities?\n"
},
{
"role": "agent",
"content": "322.0"
}
] |
CONVFINQA6061
|
[
{
"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\n29 annual report 2012 duke realty corporation | | those indirect costs not allocated to or absorbed by these operations are charged to general and administrative expenses . we regularly review our total overhead cost structure relative to our leasing , development and construction volume and adjust the level of total overhead , generally through changes in our level of staffing in various functional departments , as necessary in order to control overall general and administrative expense . general and administrative expenses increased from $ 43.1 million in 2011 to $ 46.4 million in 2012 . the following table sets forth the factors that led to the increase in general and administrative expenses from 2011 to 2012 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>general and administrative expenses - 2011</td><td>$ 43.1</td></tr><tr><td>2</td><td>reduction to overall pool of overhead costs ( 1 )</td><td>-11.0 ( 11.0 )</td></tr><tr><td>3</td><td>increased absorption of costs by wholly-owned development and leasing activities ( 2 )</td><td>-14.7 ( 14.7 )</td></tr><tr><td>4</td><td>reduced allocation of costs to service operations and rental operations ( 3 )</td><td>29.0</td></tr><tr><td>5</td><td>general and administrative expenses - 2012</td><td>$ 46.4</td></tr></table> ( 1 ) we reduced our total pool of overhead costs , through staff reductions and other measures , as the result of changes in our product mix and anticipated future levels of third-party construction , leasing , management and other operational activities . ( 2 ) we increased our focus on development of wholly-owned properties , and also significantly increased our leasing activity during 2012 , which resulted in an increased absorption of overhead costs . we capitalized $ 30.4 million and $ 20.0 million of our total overhead costs to leasing and development , respectively , for consolidated properties during 2012 , compared to capitalizing $ 25.3 million and $ 10.4 million of such costs , respectively , for 2011 . combined overhead costs capitalized to leasing and development totaled 31.1% ( 31.1 % ) and 20.6% ( 20.6 % ) of our overall pool of overhead costs for 2012 and 2011 , respectively . ( 3 ) the reduction in the allocation of overhead costs to service operations and rental operations resulted from reduced volumes of third-party construction projects as well as due to reducing our overall investment in office properties , which are more management intensive . interest expense interest expense allocable to continuing operations increased from $ 220.5 million in 2011 to $ 245.2 million in 2012 . we had $ 47.4 million of interest expense allocated to discontinued operations in 2011 , associated with the properties that were disposed of during 2011 , compared to the allocation of only $ 3.1 million of interest expense to discontinued operations for 2012 . total interest expense , combined for continuing and discontinued operations , decreased from $ 267.8 million in 2011 to $ 248.3 million in 2012 . the reduction in total interest expense was primarily the result of a lower weighted average borrowing rate in 2012 , due to refinancing some higher rate bonds in 2011 and 2012 , as well as a slight decrease in our average level of borrowings compared to 2011 . also , due to an increase in properties under development from 2011 , which met the criteria for capitalization of interest and were financed in part by common equity issuances during 2012 , a $ 5.0 million increase in capitalized interest also contributed to the decrease in total interest expense in 2012 . acquisition-related activity during 2012 , we recognized approximately $ 4.2 million in acquisition costs , compared to $ 2.3 million of such costs in 2011 . the increase from 2011 to 2012 is the result of acquiring a higher volume of medical office properties , where a higher level of acquisition costs are incurred than other property types , in 2012 . during 2011 , we also recognized a $ 1.1 million gain related to the acquisition of a building from one of our 50%-owned unconsolidated joint ventures . discontinued operations subject to certain criteria , the results of operations for properties sold during the year to unrelated parties , or classified as held-for-sale at the end of the period , are required to be classified as discontinued operations . the property specific components of earnings that are classified as discontinued operations include rental revenues , rental expenses , real estate taxes , allocated interest expense and depreciation expense , as well as the net gain or loss on the disposition of properties . the operations of 150 buildings are currently classified as discontinued operations . these 150 buildings consist of 114 office , 30 industrial , four retail , and two medical office properties . as a result , we classified operating losses , before gain on sales , of $ 1.5 million , $ 1.8 million and $ 7.1 million in discontinued operations for the years ended december 31 , 2012 , 2011 and 2010 , respectively . of these properties , 28 were sold during 2012 , 101 properties were sold during 2011 and 19 properties were sold during 2010 . the gains on disposal of these properties of $ 13.5 million , $ 100.9 million and $ 33.1 million for the years ended december 31 , 2012 , 2011 and .\nQuestion: what was the income expense allocable to continuing operations in 2012?\n"
},
{
"role": "agent",
"content": "245.2"
}
] |
CONVFINQA8876
|
[
{
"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 louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 305.7 million primarily due to the effect of the enactment of the tax cuts and jobs act , in december 2017 , which resulted in a decrease of $ 182.6 million in net income in 2017 , and the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 . also contributing to the decrease in net income were higher other operation and maintenance expenses . the decrease was partially offset by higher net revenue and higher other income . see note 3 to the financial statements for discussion of the effects of the tax cuts and jobs act and the irs audit . 2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 . also contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income . the increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses . see note 3 to the financial statements for discussion of the irs audit . net revenue 2017 compared to 2016 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 2017 to 2016 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2016 net revenue</td><td>$ 2438.4</td></tr><tr><td>3</td><td>regulatory credit resulting from reduction of thefederal corporate income tax rate</td><td>55.5</td></tr><tr><td>4</td><td>retail electric price</td><td>42.8</td></tr><tr><td>5</td><td>louisiana act 55 financing savings obligation</td><td>17.2</td></tr><tr><td>6</td><td>volume/weather</td><td>-12.4 ( 12.4 )</td></tr><tr><td>7</td><td>other</td><td>19.0</td></tr><tr><td>8</td><td>2017 net revenue</td><td>$ 2560.5</td></tr></table> the regulatory credit resulting from reduction of the federal corporate income tax rate variance is due to the reduction of the vidalia purchased power agreement regulatory liability by $ 30.5 million and the reduction of the louisiana act 55 financing savings obligation regulatory liabilities by $ 25 million as a result of the enactment of the tax cuts and jobs act , in december 2017 , which lowered the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) . the effects of the tax cuts and jobs act are discussed further in note 3 to the financial statements. .\nQuestion: what was the difference in net revenue between 2016 and 2017?\n"
},
{
"role": "agent",
"content": "122.1"
}
] |
CONVFINQA5027
|
[
{
"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\nfortron industries llc . fortron is a leading global producer of pps , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance . fortron's facility is located in wilmington , north carolina . this venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha america inc . cellulose derivatives strategic ventures . our cellulose derivatives ventures generally fund their operations using operating cash flow and pay dividends based on each ventures' performance in the preceding year . in 2014 , 2013 and 2012 , we received cash dividends of $ 115 million , $ 92 million and $ 83 million , respectively . although our ownership interest in each of our cellulose derivatives ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states of america ( \"us gaap\" ) . 2022 other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2014 ( in percentages ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of december 31 2014 ( in percentages )</td></tr><tr><td>2</td><td>infraserv gmbh & co . gendorf kg</td><td>39</td></tr><tr><td>3</td><td>infraserv gmbh & co . hoechst kg</td><td>32</td></tr><tr><td>4</td><td>infraserv gmbh & co . knapsack kg</td><td>27</td></tr></table> research and development our businesses are innovation-oriented and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 86 million , $ 85 million and $ 104 million for the years ended december 31 , 2014 , 2013 and 2012 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . aoplus ae , aoplus ae2 , aoplus ae3 , ateva ae , avicor ae , britecoat ae , celanese ae , celanex ae , celcon ae , celfx 2122 , celstran ae , celvolit ae , clarifoil ae , duroset ae , ecovae ae , factor ae , fortron ae , gur ae , hostaform ae , impet ae , mowilith ae , nutrinova ae , qorus 2122 , riteflex ae , sunett ae , tcx 2122 , thermx ae , tufcor ae , vantage ae , vantageplus 2122 , vantage ae2 , vectra ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc. .\nQuestion: what was the change in cash dividends from 2012 to 2014?\n"
},
{
"role": "agent",
"content": "32.0"
}
] |
CONVFINQA5546
|
[
{
"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\napplication of specific accounting literature . for the nonconsolidated proprietary tob trusts and qspe tob trusts , the company recognizes only its residual investment on its balance sheet at fair value and the third-party financing raised by the trusts is off-balance sheet . the following table summarizes selected cash flow information related to municipal bond securitizations for the years 2008 , 2007 and 2006 : in billions of dollars 2008 2007 2006 . <table class='wikitable'><tr><td>1</td><td>in billions of dollars</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>proceeds from new securitizations</td><td>$ 1.2</td><td>$ 10.5</td><td>2014</td></tr><tr><td>3</td><td>cash flows received on retained interests and other net cash flows</td><td>0.5</td><td>2014</td><td>2014</td></tr></table> cash flows received on retained interests and other net cash flows 0.5 2014 2014 municipal investments municipal investment transactions represent partnerships that finance the construction and rehabilitation of low-income affordable rental housing . the company generally invests in these partnerships as a limited partner and earns a return primarily through the receipt of tax credits earned from the affordable housing investments made by the partnership . client intermediation client intermediation transactions represent a range of transactions designed to provide investors with specified returns based on the returns of an underlying security , referenced asset or index . these transactions include credit-linked notes and equity-linked notes . in these transactions , the spe typically obtains exposure to the underlying security , referenced asset or index through a derivative instrument , such as a total-return swap or a credit-default swap . in turn the spe issues notes to investors that pay a return based on the specified underlying security , referenced asset or index . the spe invests the proceeds in a financial asset or a guaranteed insurance contract ( gic ) that serves as collateral for the derivative contract over the term of the transaction . the company 2019s involvement in these transactions includes being the counterparty to the spe 2019s derivative instruments and investing in a portion of the notes issued by the spe . in certain transactions , the investor 2019s maximum risk of loss is limited and the company absorbs risk of loss above a specified level . the company 2019s maximum risk of loss in these transactions is defined as the amount invested in notes issued by the spe and the notional amount of any risk of loss absorbed by the company through a separate instrument issued by the spe . the derivative instrument held by the company may generate a receivable from the spe ( for example , where the company purchases credit protection from the spe in connection with the spe 2019s issuance of a credit-linked note ) , which is collateralized by the assets owned by the spe . these derivative instruments are not considered variable interests under fin 46 ( r ) and any associated receivables are not included in the calculation of maximum exposure to the spe . structured investment vehicles structured investment vehicles ( sivs ) are spes that issue junior notes and senior debt ( medium-term notes and short-term commercial paper ) to fund the purchase of high quality assets . the junior notes are subject to the 201cfirst loss 201d risk of the sivs . the sivs provide a variable return to the junior note investors based on the net spread between the cost to issue the senior debt and the return realized by the high quality assets . the company acts as manager for the sivs and , prior to december 13 , 2007 , was not contractually obligated to provide liquidity facilities or guarantees to the sivs . in response to the ratings review of the outstanding senior debt of the sivs for a possible downgrade announced by two ratings agencies and the continued reduction of liquidity in the siv-related asset-backed commercial paper and medium-term note markets , on december 13 , 2007 , citigroup announced its commitment to provide support facilities that would support the sivs 2019 senior debt ratings . as a result of this commitment , citigroup became the sivs 2019 primary beneficiary and began consolidating these entities . on february 12 , 2008 , citigroup finalized the terms of the support facilities , which took the form of a commitment to provide $ 3.5 billion of mezzanine capital to the sivs in the event the market value of their junior notes approaches zero . the mezzanine capital facility was increased by $ 1 billion to $ 4.5 billion , with the additional commitment funded during the fourth quarter of 2008 . the facilities rank senior to the junior notes but junior to the commercial paper and medium-term notes . the facilities were at arm 2019s-length terms . interest was paid on the drawn amount of the facilities and a per annum fee was paid on the unused portion . during the period to november 18 , 2008 , the company wrote down $ 3.3 billion on siv assets . in order to complete the wind-down of the sivs , the company , in a nearly cashless transaction , purchased the remaining assets of the sivs at fair value , with a trade date of november 18 , 2008 . the company funded the purchase of the siv assets by assuming the obligation to pay amounts due under the medium-term notes issued by the sivs , as the medium-term notes mature . the net funding provided by the company to fund the purchase of the siv assets was $ 0.3 billion . as of december 31 , 2008 , the carrying amount of the purchased siv assets was $ 16.6 billion , of which $ 16.5 billion is classified as htm assets . investment funds the company is the investment manager for certain investment funds that invest in various asset classes including private equity , hedge funds , real estate , fixed income and infrastructure . the company earns a management fee , which is a percentage of capital under management , and may earn performance fees . in addition , for some of these funds the company has an ownership interest in the investment funds . the company has also established a number of investment funds as opportunities for qualified employees to invest in private equity investments . the company acts as investment manager to these funds and may provide employees with financing on both a recourse and non-recourse basis for a portion of the employees 2019 investment commitments. .\nQuestion: what was the net change in proceeds from new securitizations from 2007 to 2008?\n"
},
{
"role": "agent",
"content": "-9.3"
}
] |
CONVFINQA3173
|
[
{
"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 was the difference in comprehensive income attributable to nbc universal between 2013 and 2014?\nAnswer: 955.0\nQuestion: and the percentage change?\n"
},
{
"role": "agent",
"content": "0.47348"
}
] |
CONVFINQA10858
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nduring 2009 , the company extended the contractual life of 4 million fully vested share options held by 6 employees . as a result of that modification , the company recognized additional compensation expense of $ 1 million for the year ended december 31 , 2009 . restricted stock units ( 201crsus 201d ) performance-based rsus . the company grants performance-based rsus to the company 2019s executive officers and certain employees once per year . the company may also grant performance-based rsus to certain new employees or to employees who assume positions of increasing responsibility at the time those events occur . the number of performance-based rsus that ultimately vest is dependent on one or both of the following as per the terms of the specific award agreement : the achievement of 1 ) internal profitability targets ( performance condition ) and 2 ) market performance targets measured by the comparison of the company 2019s stock performance versus a defined peer group ( market condition ) . the performance-based rsus generally cliff-vest during the company 2019s quarter-end september 30 black-out period three years from the date of grant . the ultimate number of shares of the company 2019s series a common stock issued will range from zero to stretch , with stretch defined individually under each award , net of personal income taxes withheld . the market condition is factored into the estimated fair value per unit and compensation expense for each award will be based on the probability of achieving internal profitability targets , as applicable , and recognized on a straight-line basis over the term of the respective grant , less estimated forfeitures . for performance-based rsus granted without a performance condition , compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures . in april 2007 , the company granted performance-based rsus to certain employees that vest annually in equal tranches beginning october 1 , 2008 through october 1 , 2011 and include a market condition . the performance- based rsus awarded include a catch-up provision that provides for an additional year of vesting of previously unvested amounts , subject to certain maximums . compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures . a summary of changes in performance-based rsus outstanding is as follows : number of weighted average fair value ( in thousands ) ( in $ ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of units ( in thousands )</td><td>weighted average fair value ( in $ )</td></tr><tr><td>2</td><td>nonvested at december 31 2008</td><td>1188</td><td>19.65</td></tr><tr><td>3</td><td>granted</td><td>420</td><td>38.16</td></tr><tr><td>4</td><td>vested</td><td>-79 ( 79 )</td><td>21.30</td></tr><tr><td>5</td><td>forfeited</td><td>-114 ( 114 )</td><td>17.28</td></tr><tr><td>6</td><td>nonvested at december 31 2009</td><td>1415</td><td>25.24</td></tr></table> the fair value of shares vested for performance-based rsus during the years ended december 31 , 2009 and 2008 was $ 2 million and $ 3 million , respectively . there were no vestings that occurred during the year ended december 31 , 2007 . fair value for the company 2019s performance-based rsus was estimated at the grant date using a monte carlo simulation approach . monte carlo simulation was utilized to randomly generate future stock returns for the company and each company in the defined peer group for each grant based on company-specific dividend yields , volatilities and stock return correlations . these returns were used to calculate future performance-based rsu vesting percentages and the simulated values of the vested performance-based rsus were then discounted to present value using a risk-free rate , yielding the expected value of these performance-based rsus . %%transmsg*** transmitting job : d70731 pcn : 119000000 ***%%pcmsg|119 |00016|yes|no|02/10/2010 16:17|0|0|page is valid , no graphics -- color : n| .\nQuestion: throughout the year of 2009, what was the increase in the balance of non vested units, in thousands?\n"
},
{
"role": "agent",
"content": "227.0"
}
] |
CONVFINQA5668
|
[
{
"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\nlockheed martin corporation management 2019s discussion and analysis of financial condition and results of operations december 31 , 2002 space systems space systems 2019 operating results included the following : ( in millions ) 2002 2001 2000 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>net sales</td><td>$ 7384</td><td>$ 6836</td><td>$ 7339</td></tr><tr><td>3</td><td>operating profit</td><td>443</td><td>360</td><td>345</td></tr></table> net sales for space systems increased by 8% ( 8 % ) in 2002 compared to 2001 . the increase in sales for 2002 resulted from higher volume in government space of $ 370 million and commercial space of $ 180 million . in government space , increases of $ 470 million in government satellite programs and $ 130 million in ground systems activities more than offset volume declines of $ 175 million on government launch vehi- cles and $ 55 million on strategic missile programs . the increase in commercial space sales is primarily attributable to an increase in launch vehicle activities , with nine commercial launches during 2002 compared to six in 2001 . net sales for the segment decreased by 7% ( 7 % ) in 2001 com- pared to 2000 . the decrease in sales for 2001 resulted from volume declines in commercial space of $ 560 million , which more than offset increases in government space of $ 60 million . in commercial space , sales declined due to volume reductions of $ 480 million in commercial launch vehicle activities and $ 80 million in satellite programs . there were six launches in 2001 compared to 14 launches in 2000 . the increase in gov- ernment space resulted from a combined increase of $ 230 mil- lion related to higher volume on government satellite programs and ground systems activities . these increases were partially offset by a $ 110 million decrease related to volume declines in government launch vehicle activity , primarily due to program maturities , and by $ 50 million due to the absence in 2001 of favorable adjustments recorded on the titan iv pro- gram in 2000 . operating profit for the segment increased 23% ( 23 % ) in 2002 as compared to 2001 , mainly driven by the commercial space business . reduced losses in commercial space during 2002 resulted in increased operating profit of $ 90 million when compared to 2001 . commercial satellite manufacturing losses declined $ 100 million in 2002 as operating performance improved and satellite deliveries increased . in the first quarter of 2001 , a $ 40 million loss provision was recorded on certain commercial satellite manufacturing contracts . due to the industry-wide oversupply and deterioration of pricing in the commercial launch market , financial results on commercial launch vehicles continue to be challenging . during 2002 , this trend led to a decline in operating profit of $ 10 million on commercial launch vehicles when compared to 2001 . this decrease was primarily due to lower profitability of $ 55 mil- lion on the three additional launches in the current year , addi- tional charges of $ 60 million ( net of a favorable contract adjustment of $ 20 million ) for market and pricing pressures and included the adverse effect of a $ 35 million adjustment for commercial launch vehicle contract settlement costs . the 2001 results also included charges for market and pricing pressures , which reduced that year 2019s operating profit by $ 145 million . the $ 10 million decrease in government space 2019s operating profit for the year is primarily due to the reduced volume on government launch vehicles and strategic missile programs , which combined to decrease operating profit by $ 80 million , partially offset by increases of $ 40 million in government satellite programs and $ 30 million in ground systems activities . operating profit for the segment increased by 4% ( 4 % ) in 2001 compared to 2000 . operating profit increased in 2001 due to a $ 35 million increase in government space partially offset by higher year-over-year losses of $ 20 million in commercial space . in government space , operating profit increased due to the impact of higher volume and improved performance in ground systems and government satellite programs . the year- to-year comparison of operating profit was not affected by the $ 50 million favorable titan iv adjustment recorded in 2000 discussed above , due to a $ 55 million charge related to a more conservative assessment of government launch vehi- cle programs that was recorded in the fourth quarter of 2000 . in commercial space , decreased operating profit of $ 15 mil- lion on launch vehicles more than offset lower losses on satel- lite manufacturing activities . the commercial launch vehicle operating results included $ 60 million in higher charges for market and pricing pressures when compared to 2000 . these negative adjustments were partially offset by $ 50 million of favorable contract adjustments on certain launch vehicle con- tracts . commercial satellite manufacturing losses decreased slightly from 2000 and included the adverse impact of a $ 40 million loss provision recorded in the first quarter of 2001 for certain commercial satellite contracts related to schedule and technical issues. .\nQuestion: what was the profit margin for lockheed martin in 2002?\nAnswer: 0.05999\nQuestion: what was the total operating profit in 2002 and 2001?\n"
},
{
"role": "agent",
"content": "803.0"
}
] |
CONVFINQA3133
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2018</td><td>fiscal year 2017</td><td>fiscal year 2016</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 2163.0</td><td>$ 1701.1</td><td>$ 1736.8</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>618.8</td><td>603.6</td><td>608.1</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-84.7 ( 84.7 )</td><td>-85.0 ( 85.0 )</td><td>-88.4 ( 88.4 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>113.2</td><td>75.6</td><td>75.1</td></tr><tr><td>6</td><td>stock-based compensation</td><td>77.0</td><td>95.7</td><td>89.8</td></tr><tr><td>7</td><td>deferred income taxes</td><td>-504.3 ( 504.3 )</td><td>183.9</td><td>120.6</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-31.8 ( 31.8 )</td><td>-45.4 ( 45.4 )</td><td>-47.8 ( 47.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>4.6</td><td>35.7</td><td>118.1</td></tr><tr><td>10</td><td>divestitures loss ( gain )</td><td>-</td><td>13.5</td><td>-148.2 ( 148.2 )</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>126.0</td><td>117.0</td><td>107.2</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>542.1</td><td>-194.2 ( 194.2 )</td><td>298.5</td></tr><tr><td>13</td><td>other net</td><td>-182.9 ( 182.9 )</td><td>-86.3 ( 86.3 )</td><td>-105.6 ( 105.6 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2841.0</td><td>$ 2415.2</td><td>$ 2764.2</td></tr></table> in fiscal 2018 , cash provided by operations was $ 2.8 billion compared to $ 2.4 billion in fiscal 2017 . the $ 426 million increase was primarily driven by the $ 462 million increase in net earnings and the $ 736 million change in current assets and liabilities , partially offset by a $ 688 million change in deferred income taxes . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja . the $ 736 million change in current assets and liabilities was primarily due to changes in accounts payable of $ 476 million related to the extension of payment terms and timing of payments , and $ 264 million of changes in other current liabilities primarily driven by changes in income taxes payable , trade and advertising accruals , and incentive accruals . we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent . in fiscal 2017 , core working capital increased 9 percent , compared to a net sales decline of 6 percent , and in fiscal 2016 , core working capital decreased 41 percent , compared to net sales decline of 6 percent . in fiscal 2017 , our operations generated $ 2.4 billion of cash , compared to $ 2.8 billion in fiscal 2016 . the $ 349 million decrease was primarily driven by a $ 493 million change in current assets and liabilities . the $ 493 million change in current assets and liabilities was primarily due to changes in other current liabilities driven by changes in income taxes payable , a decrease in incentive accruals , and changes in trade and advertising accruals due to reduced spending . the change in current assets and liabilities was also impacted by the timing of accounts payable . additionally , we recorded a $ 14 million loss on a divestiture during fiscal 2017 , compared to a $ 148 million net gain on divestitures during fiscal 2016 , and classified the related cash flows as investing activities. .\nQuestion: what was the change in net earnings including earnings attributable to redeemable and non-controlling interests between 2017 and 2018?\nAnswer: 461.9\nQuestion: and the percentage change of this value?\n"
},
{
"role": "agent",
"content": "0.27153"
}
] |
CONVFINQA1641
|
[
{
"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\ncompared with $ 6.2 billion in 2013 . operating profits in 2015 were significantly higher than in both 2014 and 2013 . excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 . benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) . in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill . during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses . the net book value of these assets at december 31 , 2013 was approximately $ 470 million . in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets . we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 . operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business . printing papers . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>sales</td><td>$ 5031</td><td>$ 5720</td><td>$ 6205</td></tr><tr><td>3</td><td>operating profit ( loss )</td><td>533</td><td>-16 ( 16 )</td><td>271</td></tr></table> north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 . operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 . sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 . shipments to the domestic market increased , but export shipments declined . average sales price realizations decreased , primarily in the domestic market . input costs were lower , mainly for energy . planned maintenance downtime costs were $ 12 million higher in 2015 . operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill . entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 . average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix . input costs are expected to be stable . planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter . in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p . h . glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules . the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia . in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia . also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal . in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s . market had been injured by imports of the products . accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years . we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements . brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 . operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 . sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events . average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 . margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets . raw material costs increased for energy and wood . operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .\nQuestion: what was the value of north american printer paper net sales in 2014?\nAnswer: 2.1\nQuestion: what is that number times 1000?\n"
},
{
"role": "agent",
"content": "2100.0"
}
] |
CONVFINQA9735
|
[
{
"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 diluted earnings per share calculation excludes stock options , sars , restricted stock and units and performance units and stock that were anti-dilutive . shares underlying the excluded stock options and sars totaled 2.6 million , 10.3 million and 10.2 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . for the year ended december 31 , 2016 , 4.5 million shares of restricted stock and restricted stock units and performance units and performance stock were excluded . 10 . supplemental cash flow information net cash paid for interest and income taxes was as follows for the years ended december 31 , 2017 , 2016 and 2015 ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>interest net of capitalized interest</td><td>$ 275305</td><td>$ 252030</td><td>$ 222088</td></tr><tr><td>3</td><td>income taxes net of refunds received</td><td>$ 188946</td><td>$ -39293 ( 39293 )</td><td>$ 41108</td></tr></table> eog's accrued capital expenditures at december 31 , 2017 , 2016 and 2015 were $ 475 million , $ 388 million and $ 416 million , respectively . non-cash investing activities for the year ended december 31 , 2017 included non-cash additions of $ 282 million to eog's oil and gas properties as a result of property exchanges . non-cash investing activities for the year ended december 31 , 2016 included $ 3834 million in non-cash additions to eog's oil and gas properties related to the yates transaction ( see note 17 ) . 11 . business segment information eog's operations are all crude oil and natural gas exploration and production related . the segment reporting topic of the asc establishes standards for reporting information about operating segments in annual financial statements . operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker , or decision-making group , in deciding how to allocate resources and in assessing performance . eog's chief operating decision-making process is informal and involves the chairman of the board and chief executive officer and other key officers . this group routinely reviews and makes operating decisions related to significant issues associated with each of eog's major producing areas in the united states , trinidad , the united kingdom and china . for segment reporting purposes , the chief operating decision maker considers the major united states producing areas to be one operating segment. .\nQuestion: what was the interest net of capitalized interest in 2017?\nAnswer: 275305.0\nQuestion: what was the interest net of capitalized interest in 2016?\nAnswer: 252030.0\nQuestion: what is the ratio of 2017 over 2016?\nAnswer: 1.09235\nQuestion: what is that value less 1?\n"
},
{
"role": "agent",
"content": "0.09235"
}
] |
CONVFINQA8799
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nour international networks segment owns and operates the following television networks , which reached the following number of subscribers via pay television services as of december 31 , 2013 : global networks international subscribers ( millions ) regional networks international subscribers ( millions ) . <table class='wikitable'><tr><td>1</td><td>global networks discovery channel</td><td>internationalsubscribers ( millions ) 271</td><td>regional networks discovery kids</td><td>internationalsubscribers ( millions ) 76</td></tr><tr><td>2</td><td>animal planet</td><td>200</td><td>sbs nordic ( a )</td><td>28</td></tr><tr><td>3</td><td>tlc real time and travel & living</td><td>162</td><td>dmax ( b )</td><td>16</td></tr><tr><td>4</td><td>discovery science</td><td>81</td><td>discovery history</td><td>14</td></tr><tr><td>5</td><td>investigation discovery</td><td>74</td><td>shed</td><td>12</td></tr><tr><td>6</td><td>discovery home & health</td><td>64</td><td>discovery en espanol ( u.s. )</td><td>5</td></tr><tr><td>7</td><td>turbo</td><td>52</td><td>discovery familia ( u.s. )</td><td>4</td></tr><tr><td>8</td><td>discovery world</td><td>23</td><td>gxt</td><td>4</td></tr></table> ( a ) number of subscribers corresponds to the collective sum of the total number of subscribers to each of the sbs nordic broadcast networks in sweden , norway , and denmark subject to retransmission agreements with pay television providers . ( b ) number of subscribers corresponds to dmax pay television networks in the u.k. , austria , switzerland and ireland . our international networks segment also owns and operates free-to-air television networks which reached 285 million cumulative viewers in europe and the middle east as of december 31 , 2013 . our free-to-air networks include dmax , fatafeat , quest , real time , giallo , frisbee , focus and k2 . similar to u.s . networks , the primary sources of revenue for international networks are fees charged to operators who distribute our networks , which primarily include cable and dth satellite service providers , and advertising sold on our television networks . international television markets vary in their stages of development . some markets , such as the u.k. , are more advanced digital television markets , while others remain in the analog environment with varying degrees of investment from operators to expand channel capacity or convert to digital technologies . common practice in some markets results in long-term contractual distribution relationships , while customers in other markets renew contracts annually . distribution revenue for our international networks segment is largely dependent on the number of subscribers that receive our networks or content , the rates negotiated in the agreements , and the market demand for the content that we provide . advertising revenue is dependent upon a number of factors including the development of pay and free-to-air television markets , the number of subscribers to and viewers of our channels , viewership demographics , the popularity of our programming , and our ability to sell commercial time over a group of channels . in certain markets , our advertising sales business operates with in-house sales teams , while we rely on external sales representation services in other markets . in developing television markets , we expect that advertising revenue growth will result from continued subscriber and viewership growth , our localization strategy , and the shift of advertising spending from traditional analog networks to channels in the multi-channel environment . in relatively mature markets , such as western europe , growth in advertising revenue will come from increasing viewership and pricing of advertising on our existing television networks and the launching of new services , both organic and through acquisitions . during 2013 , distribution , advertising and other revenues were 50% ( 50 % ) , 47% ( 47 % ) and 3% ( 3 % ) , respectively , of total net revenues for this segment . on january 21 , 2014 , we entered into an agreement with tf1 to acquire a controlling interest in eurosport international ( \"eurosport\" ) , a leading pan-european sports media platform , by increasing our ownership stake from 20% ( 20 % ) to 51% ( 51 % ) for cash of approximately 20ac253 million ( $ 343 million ) subject to working capital adjustments . due to regulatory constraints the acquisition initially excludes eurosport france , a subsidiary of eurosport . we will retain a 20% ( 20 % ) equity interest in eurosport france and a commitment to acquire another 31% ( 31 % ) ownership interest beginning 2015 , contingent upon resolution of all regulatory matters . the flagship eurosport network focuses on regionally popular sports such as tennis , skiing , cycling and motor sports and reaches 133 million homes across 54 countries in 20 languages . eurosport 2019s brands and platforms also include eurosport hd ( high definition simulcast ) , eurosport 2 , eurosport 2 hd ( high definition simulcast ) , eurosport asia-pacific , and eurosportnews . the acquisition is intended to increase the growth of eurosport and enhance our pay television offerings in europe . tf1 will have the right to put the entirety of its remaining 49% ( 49 % ) non-controlling interest to us for approximately two and a half years after completion of this acquisition . the put has a floor value equal to the fair value at the acquisition date if exercised in the 90 day period beginning on july 1 , 2015 and is subsequently priced at fair value if exercised in the 90 day period beginning on july 1 , 2016 . we expect the acquisition to close in the second quarter of 2014 subject to obtaining necessary regulatory approvals. .\nQuestion: what is the new percentage of ownership stake as of 1/21/14?\nAnswer: 0.51\nQuestion: and the original ownership stake?\n"
},
{
"role": "agent",
"content": "0.2"
}
] |
CONVFINQA2425
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npage 71 of 94 notes to consolidated financial statements ball corporation and subsidiaries 16 . shareholders 2019 equity ( continued ) on october 24 , 2007 , ball announced the discontinuance of the company 2019s discount on the reinvestment of dividends associated with the company 2019s dividend reinvestment and voluntary stock purchase plan for non- employee shareholders . the 5 percent discount was discontinued on november 1 , 2007 . accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>foreign currency translation</td><td>pension and other postretirement items net of tax</td><td>effective financial derivatives net of tax</td><td>accumulated other comprehensive earnings ( loss )</td></tr><tr><td>2</td><td>december 31 2004</td><td>$ 148.9</td><td>$ -126.3 ( 126.3 )</td><td>$ 10.6</td><td>$ 33.2</td></tr><tr><td>3</td><td>2005 change</td><td>-74.3 ( 74.3 )</td><td>-43.6 ( 43.6 )</td><td>-16.0 ( 16.0 )</td><td>-133.9 ( 133.9 )</td></tr><tr><td>4</td><td>december 31 2005</td><td>74.6</td><td>-169.9 ( 169.9 )</td><td>-5.4 ( 5.4 )</td><td>-100.7 ( 100.7 )</td></tr><tr><td>5</td><td>2006 change</td><td>57.2</td><td>55.9</td><td>6.0</td><td>119.1</td></tr><tr><td>6</td><td>effect of sfas no . 158 adoption ( a )</td><td>2013</td><td>-47.9 ( 47.9 )</td><td>2013</td><td>-47.9 ( 47.9 )</td></tr><tr><td>7</td><td>december 31 2006</td><td>131.8</td><td>-161.9 ( 161.9 )</td><td>0.6</td><td>-29.5 ( 29.5 )</td></tr><tr><td>8</td><td>2007 change</td><td>90.0</td><td>57.9</td><td>-11.5 ( 11.5 )</td><td>136.4</td></tr><tr><td>9</td><td>december 31 2007</td><td>$ 221.8</td><td>$ -104.0 ( 104.0 )</td><td>$ -10.9 ( 10.9 )</td><td>$ 106.9</td></tr></table> ( a ) within the company 2019s 2006 annual report , the consolidated statement of changes in shareholders 2019 equity for the year ended december 31 , 2006 , included a transition adjustment of $ 47.9 million , net of tax , related to the adoption of sfas no . 158 , 201cemployers 2019 accounting for defined benefit pension plans and other postretirement plans , an amendment of fasb statements no . 87 , 88 , 106 and 132 ( r ) , 201d as a component of 2006 comprehensive earnings rather than only as an adjustment to accumulated other comprehensive loss . the 2006 amounts have been revised to correct the previous reporting . notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings . therefore , no taxes have been provided on the foreign currency translation component for any period . the change in the pension and other postretirement items is presented net of related tax expense of $ 31.3 million and $ 2.9 million for 2007 and 2006 , respectively , and a related tax benefit of $ 27.3 million for 2005 . the change in the effective financial derivatives is presented net of related tax benefit of $ 3.2 million for 2007 , related tax expense of $ 5.7 million for 2006 and related tax benefit of $ 10.7 million for 2005 . stock-based compensation programs effective january 1 , 2006 , ball adopted sfas no . 123 ( revised 2004 ) , 201cshare based payment , 201d which is a revision of sfas no . 123 and supersedes apb opinion no . 25 . the new standard establishes accounting standards for transactions in which an entity exchanges its equity instruments for goods or services , including stock option and restricted stock grants . the major differences for ball are that ( 1 ) expense is now recorded in the consolidated statements of earnings for the fair value of new stock option grants and nonvested portions of grants made prior to january 1 , 2006 , and ( 2 ) the company 2019s deposit share program ( discussed below ) is no longer a variable plan that is marked to current market value each month through earnings . upon adoption of sfas no . 123 ( revised 2004 ) , ball has chosen to use the modified prospective transition method and the black-scholes valuation model. .\nQuestion: what was the change in accumulated other comprehensive earnings ( loss ) from 2005 to 2006?\nAnswer: 71.2\nQuestion: and what is the percentage this change represents of those losses in 2005?\nAnswer: 0.70705\nQuestion: and in that year of 2006, what was the related tax expense, in millions?\nAnswer: 5.7\nQuestion: what was it in 2007, also in millions?\nAnswer: 3.2\nQuestion: what is, then, the difference between the 2006 and the 2007 one?\nAnswer: 2.5\nQuestion: and what was that tax expense in 2005, in millions?\n"
},
{
"role": "agent",
"content": "10.7"
}
] |
CONVFINQA9161
|
[
{
"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 192 jpmorgan chase & co . / 2008 annual report consolidation analysis the multi-seller conduits administered by the firm were not consoli- dated at december 31 , 2008 and 2007 , because each conduit had issued expected loss notes ( 201celns 201d ) , the holders of which are com- mitted to absorbing the majority of the expected loss of each respective conduit . implied support the firm did not have and continues not to have any intent to pro- tect any eln holders from potential losses on any of the conduits 2019 holdings and has no plans to remove any assets from any conduit unless required to do so in its role as administrator . should such a transfer occur , the firm would allocate losses on such assets between itself and the eln holders in accordance with the terms of the applicable eln . expected loss modeling in determining the primary beneficiary of the conduits the firm uses a monte carlo 2013based model to estimate the expected losses of each of the conduits and considers the relative rights and obliga- tions of each of the variable interest holders . the firm 2019s expected loss modeling treats all variable interests , other than the elns , as its own to determine consolidation . the variability to be considered in the modeling of expected losses is based on the design of the enti- ty . the firm 2019s traditional multi-seller conduits are designed to pass credit risk , not liquidity risk , to its variable interest holders , as the assets are intended to be held in the conduit for the longer term . under fin 46 ( r ) , the firm is required to run the monte carlo-based expected loss model each time a reconsideration event occurs . in applying this guidance to the conduits , the following events , are considered to be reconsideration events , as they could affect the determination of the primary beneficiary of the conduits : 2022 new deals , including the issuance of new or additional variable interests ( credit support , liquidity facilities , etc ) ; 2022 changes in usage , including the change in the level of outstand- ing variable interests ( credit support , liquidity facilities , etc ) ; 2022 modifications of asset purchase agreements ; and 2022 sales of interests held by the primary beneficiary . from an operational perspective , the firm does not run its monte carlo-based expected loss model every time there is a reconsideration event due to the frequency of their occurrence . instead , the firm runs its expected loss model each quarter and includes a growth assump- tion for each conduit to ensure that a sufficient amount of elns exists for each conduit at any point during the quarter . as part of its normal quarterly modeling , the firm updates , when applicable , the inputs and assumptions used in the expected loss model . specifically , risk ratings and loss given default assumptions are continually updated . the total amount of expected loss notes out- standing at december 31 , 2008 and 2007 , were $ 136 million and $ 130 million , respectively . management has concluded that the model assumptions used were reflective of market participants 2019 assumptions and appropriately considered the probability of changes to risk ratings and loss given defaults . qualitative considerations the multi-seller conduits are primarily designed to provide an effi- cient means for clients to access the commercial paper market . the firm believes the conduits effectively disperse risk among all parties and that the preponderance of the economic risk in the firm 2019s multi- seller conduits is not held by jpmorgan chase . consolidated sensitivity analysis on capital the table below shows the impact on the firm 2019s reported assets , lia- bilities , tier 1 capital ratio and tier 1 leverage ratio if the firm were required to consolidate all of the multi-seller conduits that it admin- isters at their current carrying value . december 31 , 2008 ( in billions , except ratios ) reported pro forma ( a ) ( b ) . <table class='wikitable'><tr><td>1</td><td>( in billions except ratios )</td><td>reported</td><td>pro forma ( a ) ( b )</td></tr><tr><td>2</td><td>assets</td><td>$ 2175.1</td><td>$ 2218.2</td></tr><tr><td>3</td><td>liabilities</td><td>2008.2</td><td>2051.3</td></tr><tr><td>4</td><td>tier 1 capital ratio</td><td>10.9% ( 10.9 % )</td><td>10.9% ( 10.9 % )</td></tr><tr><td>5</td><td>tier 1 leverage ratio</td><td>6.9</td><td>6.8</td></tr></table> ( a ) the table shows the impact of consolidating the assets and liabilities of the multi- seller conduits at their current carrying value ; as such , there would be no income statement or capital impact at the date of consolidation . if the firm were required to consolidate the assets and liabilities of the conduits at fair value , the tier 1 capital ratio would be approximately 10.8% ( 10.8 % ) . the fair value of the assets is primarily based upon pricing for comparable transactions . the fair value of these assets could change significantly because the pricing of conduit transactions is renegotiated with the client , generally , on an annual basis and due to changes in current market conditions . ( b ) consolidation is assumed to occur on the first day of the quarter , at the quarter-end levels , in order to provide a meaningful adjustment to average assets in the denomi- nator of the leverage ratio . the firm could fund purchases of assets from vies should it become necessary . 2007 activity in july 2007 , a reverse repurchase agreement collateralized by prime residential mortgages held by a firm-administered multi-seller conduit was put to jpmorgan chase under its deal-specific liquidity facility . the asset was transferred to and recorded by jpmorgan chase at its par value based on the fair value of the collateral that supported the reverse repurchase agreement . during the fourth quarter of 2007 , additional information regarding the value of the collateral , including performance statistics , resulted in the determi- nation by the firm that the fair value of the collateral was impaired . impairment losses were allocated to the eln holder ( the party that absorbs the majority of the expected loss from the conduit ) in accor- dance with the contractual provisions of the eln note . on october 29 , 2007 , certain structured cdo assets originated in the second quarter of 2007 and backed by subprime mortgages were transferred to the firm from two firm-administered multi-seller conduits . it became clear in october that commercial paper investors and rating agencies were becoming increasingly concerned about cdo assets backed by subprime mortgage exposures . because of these concerns , and to ensure the continuing viability of the two conduits as financing vehicles for clients and as investment alternatives for commercial paper investors , the firm , in its role as administrator , transferred the cdo assets out of the multi-seller con- duits . the structured cdo assets were transferred to the firm at .\nQuestion: what is tier 1 capital ratio?\nAnswer: 10.9\nQuestion: and if the firm were required to consolidate the assets and liabilities of the conduits at fair value, how much does that tier 1 capital ratio would be?\nAnswer: 10.8\nQuestion: what is the difference between that tier 1 capital ratio and that tier 1 capital ratio that would be?\n"
},
{
"role": "agent",
"content": "0.1"
}
] |
CONVFINQA9985
|
[
{
"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 ) the company does not make any contributions to its postretirement plan other than funding benefits payments . the following table summarizes expected net benefit payments from the company 2019s general assets through 2019 : benefit payments expected subsidy receipts benefit payments . <table class='wikitable'><tr><td>1</td><td>-</td><td>benefit payments</td><td>expected subsidy receipts</td><td>net benefit payments</td></tr><tr><td>2</td><td>2010</td><td>$ 2714</td><td>$ 71</td><td>$ 2643</td></tr><tr><td>3</td><td>2011</td><td>3028</td><td>91</td><td>2937</td></tr><tr><td>4</td><td>2012</td><td>3369</td><td>111</td><td>3258</td></tr><tr><td>5</td><td>2013</td><td>3660</td><td>134</td><td>3526</td></tr><tr><td>6</td><td>2014</td><td>4019</td><td>151</td><td>3868</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>22686</td><td>1071</td><td>21615</td></tr></table> the company provides limited postemployment benefits to eligible former u.s . employees , primarily severance under a formal severance plan ( the 201cseverance plan 201d ) . the company accounts for severance expense by accruing the expected cost of the severance benefits expected to be provided to former employees after employment over their relevant service periods . the company updates the assumptions in determining the severance accrual by evaluating the actual severance activity and long-term trends underlying the assumptions . as a result of updating the assumptions , the company recorded incremental severance expense ( benefit ) related to the severance plan of $ 3471 , $ 2643 and $ ( 3418 ) , respectively , during the years 2009 , 2008 and 2007 . these amounts were part of total severance expenses of $ 135113 , $ 32997 and $ 21284 in 2009 , 2008 and 2007 , respectively , included in general and administrative expenses in the accompanying consolidated statements of operations . note 14 . debt on april 28 , 2008 , the company extended its committed unsecured revolving credit facility , dated as of april 28 , 2006 ( the 201ccredit facility 201d ) , for an additional year . the new expiration date of the credit facility is april 26 , 2011 . the available funding under the credit facility will remain at $ 2500000 through april 27 , 2010 and then decrease to $ 2000000 during the final year of the credit facility agreement . other terms and conditions in the credit facility remain unchanged . the company 2019s option to request that each lender under the credit facility extend its commitment was provided pursuant to the original terms of the credit facility agreement . borrowings under the facility are available to provide liquidity in the event of one or more settlement failures by mastercard international customers and , subject to a limit of $ 500000 , for general corporate purposes . the facility fee and borrowing cost are contingent upon the company 2019s credit rating . at december 31 , 2009 , the facility fee was 7 basis points on the total commitment , or approximately $ 1774 annually . interest on borrowings under the credit facility would be charged at the london interbank offered rate ( libor ) plus an applicable margin of 28 basis points or an alternative base rate , and a utilization fee of 10 basis points would be charged if outstanding borrowings under the facility exceed 50% ( 50 % ) of commitments . at the inception of the credit facility , the company also agreed to pay upfront fees of $ 1250 and administrative fees of $ 325 , which are being amortized over five years . facility and other fees associated with the credit facility totaled $ 2222 , $ 2353 and $ 2477 for each of the years ended december 31 , 2009 , 2008 and 2007 , respectively . mastercard was in compliance with the covenants of the credit facility and had no borrowings under the credit facility at december 31 , 2009 or december 31 , 2008 . the majority of credit facility lenders are members or affiliates of members of mastercard international . in june 1998 , mastercard international issued ten-year unsecured , subordinated notes ( the 201cnotes 201d ) paying a fixed interest rate of 6.67% ( 6.67 % ) per annum . mastercard repaid the entire principal amount of $ 80000 on june 30 , 2008 pursuant to the terms of the notes . the interest expense on the notes was $ 2668 and $ 5336 for each of the years ended december 31 , 2008 and 2007 , respectively. .\nQuestion: what was the total of benefit payments in 2012?\nAnswer: 3369.0\nQuestion: and what was that in 2011?\nAnswer: 3028.0\nQuestion: how much, then, does the 2012 total represent in relation to this 2011 one?\nAnswer: 1.11262\nQuestion: and what is this value without the portion equivalent to the 2011 total?\nAnswer: 0.11262\nQuestion: and concerning the the incremental severance expense, what was the amount of the one related to the severance plan in 2009?\nAnswer: 3471.0\nQuestion: what was the total severance expense in that year?\nAnswer: 135113.0\nQuestion: what percentage, then, of this total expense does that amount represent?\n"
},
{
"role": "agent",
"content": "0.02569"
}
] |
CONVFINQA8955
|
[
{
"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\nyear ended december 31 , 2010 compared to year ended december 31 , 2009 net revenues increased $ 207.5 million , or 24.2% ( 24.2 % ) , to $ 1063.9 million in 2010 from $ 856.4 million in 2009 . net revenues by product category are summarized below: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2010</td><td>year ended december 31 , 2009</td><td>year ended december 31 , $ change</td><td>year ended december 31 , % ( % ) change</td></tr><tr><td>2</td><td>apparel</td><td>$ 853493</td><td>$ 651779</td><td>$ 201714</td><td>30.9% ( 30.9 % )</td></tr><tr><td>3</td><td>footwear</td><td>127175</td><td>136224</td><td>-9049 ( 9049 )</td><td>-6.6 ( 6.6 )</td></tr><tr><td>4</td><td>accessories</td><td>43882</td><td>35077</td><td>8805</td><td>25.1</td></tr><tr><td>5</td><td>total net sales</td><td>1024550</td><td>823080</td><td>201470</td><td>24.5</td></tr><tr><td>6</td><td>license revenues</td><td>39377</td><td>33331</td><td>6046</td><td>18.1</td></tr><tr><td>7</td><td>total net revenues</td><td>$ 1063927</td><td>$ 856411</td><td>$ 207516</td><td>24.2% ( 24.2 % )</td></tr></table> net sales increased $ 201.5 million , or 24.5% ( 24.5 % ) , to $ 1024.6 million in 2010 from $ 823.1 million in 2009 as noted in the table above . the increase in net sales primarily reflects : 2022 $ 88.9 million , or 56.8% ( 56.8 % ) , increase in direct to consumer sales , which includes 19 additional stores in 2010 ; and 2022 unit growth driven by increased distribution and new offerings in multiple product categories , most significantly in our training , base layer , mountain , golf and underwear categories ; partially offset by 2022 $ 9.0 million decrease in footwear sales driven primarily by a decline in running and training footwear sales . license revenues increased $ 6.1 million , or 18.1% ( 18.1 % ) , to $ 39.4 million in 2010 from $ 33.3 million in 2009 . this increase in license revenues was primarily a result of increased sales by our licensees due to increased distribution and continued unit volume growth . we have developed our own headwear and bags , and beginning in 2011 , these products are being sold by us rather than by one of our licensees . gross profit increased $ 120.4 million to $ 530.5 million in 2010 from $ 410.1 million in 2009 . gross profit as a percentage of net revenues , or gross margin , increased 200 basis points to 49.9% ( 49.9 % ) in 2010 compared to 47.9% ( 47.9 % ) in 2009 . the increase in gross margin percentage was primarily driven by the following : 2022 approximate 100 basis point increase driven by increased direct to consumer higher margin sales ; 2022 approximate 50 basis point increase driven by decreased sales markdowns and returns , primarily due to improved sell-through rates at retail ; and 2022 approximate 50 basis point increase driven primarily by liquidation sales and related inventory reserve reversals . the current year period benefited from reversals of inventory reserves established in the prior year relative to certain cleated footwear , sport specific apparel and gloves . these products have historically been more difficult to liquidate at favorable prices . selling , general and administrative expenses increased $ 93.3 million to $ 418.2 million in 2010 from $ 324.9 million in 2009 . as a percentage of net revenues , selling , general and administrative expenses increased to 39.3% ( 39.3 % ) in 2010 from 37.9% ( 37.9 % ) in 2009 . these changes were primarily attributable to the following : 2022 marketing costs increased $ 19.3 million to $ 128.2 million in 2010 from $ 108.9 million in 2009 primarily due to an increase in sponsorship of events and collegiate and professional teams and athletes , increased television and digital campaign costs , including media campaigns for specific customers and additional personnel costs . in addition , we incurred increased expenses for our performance incentive plan as compared to the prior year . as a percentage of net revenues , marketing costs decreased to 12.0% ( 12.0 % ) in 2010 from 12.7% ( 12.7 % ) in 2009 primarily due to decreased marketing costs for specific customers. .\nQuestion: what was the gross profit in 2010?\nAnswer: 530.5\nQuestion: and what was it in 2009?\nAnswer: 120.4\nQuestion: what was, then, the change over the year?\nAnswer: 410.1\nQuestion: what was the gross profit in 2009?\nAnswer: 120.4\nQuestion: and how much does that change represent in relation to this 2009 gross profit, in percentage?\n"
},
{
"role": "agent",
"content": "3.40615"
}
] |
CONVFINQA5447
|
[
{
"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\nrestrictive covenants the terms of the 2017 credit facility and certain of our senior unsecured notes include certain restrictions and covenants which may limit , among other things , our ability to pay dividends , make certain types of investments , incur additional indebtedness , incur liens and enter into negative pledge agreements and dispose of assets , and which require compliance with financial ratios relating to the maximum ratio of total indebtedness to total asset value , a minimum ratio of ebitda to fixed charges , a maximum ratio of secured indebtedness to total asset value and a maximum ratio of unsecured indebtedness to unencumbered asset value . the dividend restriction referred to above provides that , we will not during any time when a default is continuing , make distributions with respect to common stock or other equity interests , except to enable the company to continue to qualify as a reit for federal income tax purposes . as of december a031 , 2017 and 2016 , we were in compliance with all such covenants . junior subordinated deferrable interest debentures in june a02005 , the company and the operating partnership issued $ 100.0 a0million in unsecured trust preferred securities through a newly formed trust , sl a0green capital trust i , or the trust , which is a wholly-owned subsidiary of the operating partnership . the securities mature in 2035 and bear interest at a floating rate of 125 a0basis points over the three-month libor . interest payments may be deferred for a period of up to eight consecutive quarters if the operating partnership exercises its right to defer such payments . the trust preferred securities are redeemable at the option of the operating partnership , in whole or in part , with no prepayment premium . we do not consolidate the trust even though it is a variable interest entity as we are not the primary beneficiary . because the trust is not consolidated , we have recorded the debt on our consolidated balance sheets and the related payments are classified as interest expense . interest rate risk we are exposed to changes in interest rates primarily from our variable rate debt . our exposure to interest rate fluctuations are managed through either the use of interest rate derivative instru- ments and/or through our variable rate debt and preferred equity investments . a hypothetical 100 a0basis point increase in interest rates along the entire interest rate curve for a02017 would increase our consolidated annual interest cost , net of interest income from variable rate debt and preferred equity investments , by $ 2.7 a0mil- lion and would increase our share of joint venture annual interest cost by $ 17.2 a0million . at december a031 , 2017 , 61.5% ( 61.5 % ) of our $ 2.1 a0bil- lion debt and preferred equity portfolio is indexed to libor . we recognize most derivatives on the balance sheet at fair value . derivatives that are not hedges are adjusted to fair value through income . if a derivative is considered a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recog- nized in other comprehensive income until the hedged item is recognized in earnings . the ineffective portion of a derivative 2019s change in fair value is immediately recognized in a0earnings . our long-term debt of $ 4.3 a0billion bears interest at fixed rates , and therefore the fair value of these instruments is affected by changes in the market interest rates . our variable rate debt and variable rate joint venture debt as of december a031 , 2017 bore interest based on a spread of libor plus 100 a0basis points to libor plus 415 a0basis points . contractual obligations the combined aggregate principal maturities of mortgages and other loans payable , the 2017 credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as-of-right extension options and put options , estimated interest expense , and our obligations under our capital lease and ground leases , as of december a031 , 2017 are as follows ( in a0thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>property mortgages and other loans</td><td>$ 153593</td><td>$ 42289</td><td>$ 703018</td><td>$ 11656</td><td>$ 208003</td><td>$ 1656623</td><td>$ 2775182</td></tr><tr><td>3</td><td>mra facilities</td><td>90809</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>90809</td></tr><tr><td>4</td><td>revolving credit facility</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>40000</td><td>40000</td></tr><tr><td>5</td><td>unsecured term loans</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>1500000</td><td>1500000</td></tr><tr><td>6</td><td>senior unsecured notes</td><td>250000</td><td>2014</td><td>250000</td><td>2014</td><td>800000</td><td>100000</td><td>1400000</td></tr><tr><td>7</td><td>trust preferred securities</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>100000</td><td>100000</td></tr><tr><td>8</td><td>capital lease</td><td>2387</td><td>2411</td><td>2620</td><td>2794</td><td>2794</td><td>819894</td><td>832900</td></tr><tr><td>9</td><td>ground leases</td><td>31049</td><td>31066</td><td>31436</td><td>31628</td><td>29472</td><td>703254</td><td>857905</td></tr><tr><td>10</td><td>estimated interest expense</td><td>226815</td><td>218019</td><td>184376</td><td>163648</td><td>155398</td><td>281694</td><td>1229950</td></tr><tr><td>11</td><td>joint venture debt</td><td>200250</td><td>717682</td><td>473809</td><td>449740</td><td>223330</td><td>2119481</td><td>4184292</td></tr><tr><td>12</td><td>total</td><td>$ 954903</td><td>$ 1011467</td><td>$ 1645259</td><td>$ 659466</td><td>$ 1418997</td><td>$ 7320946</td><td>$ 13011038</td></tr></table> .\nQuestion: what was the capital lease payment in 2019?\n"
},
{
"role": "agent",
"content": "2411.0"
}
] |
CONVFINQA6250
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n. <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td><td>2019</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>long-term obligations excluding capital leases</td><td>888810</td><td>753045</td><td>700608</td><td>1787451</td><td>3159286</td><td>7188751</td><td>14477951</td></tr><tr><td>3</td><td>cash interest expense</td><td>550000</td><td>517000</td><td>485000</td><td>399000</td><td>315000</td><td>654000</td><td>2920000</td></tr><tr><td>4</td><td>capital lease payments ( including interest )</td><td>15589</td><td>14049</td><td>12905</td><td>12456</td><td>10760</td><td>173313</td><td>239072</td></tr><tr><td>5</td><td>total debt service obligations</td><td>1454399</td><td>1284094</td><td>1198513</td><td>2198907</td><td>3485046</td><td>8016064</td><td>17637023</td></tr><tr><td>6</td><td>operating lease payments ( 11 )</td><td>574438</td><td>553864</td><td>538405</td><td>519034</td><td>502847</td><td>4214600</td><td>6903188</td></tr><tr><td>7</td><td>other non-current liabilities ( 12 ) ( 13 )</td><td>11082</td><td>20480</td><td>5705</td><td>13911</td><td>4186</td><td>1860071</td><td>1915435</td></tr><tr><td>8</td><td>total</td><td>$ 2039919</td><td>$ 1858438</td><td>$ 1742623</td><td>$ 2731852</td><td>$ 3992079</td><td>$ 14090735</td><td>$ 26455646</td></tr></table> ( 1 ) represents anticipated repayment date ; final legal maturity date is march 15 , 2043 . ( 2 ) represents anticipated repayment date ; final legal maturity date is march 15 , 2048 . ( 3 ) in connection with our acquisition of mipt on october 1 , 2013 , we assumed approximately $ 1.49 billion aggregate principal amount of secured notes , $ 250.0 million of which we repaid in august 2014 . the gtp notes have anticipated repayment dates beginning june 15 , 2016 . ( 4 ) assumed in connection with our acquisition of br towers and denominated in brl . the br towers debenture amortizes through october 2023 . the br towers credit facility amortizes through january 15 , ( 5 ) assumed by us in connection with the unison acquisition , and have anticipated repayment dates of april 15 , 2017 , april 15 , 2020 and april 15 , 2020 , respectively , and a final maturity date of april 15 , 2040 . ( 6 ) denominated in mxn . ( 7 ) denominated in zar and amortizes through march 31 , 2020 . ( 8 ) denominated in cop and amortizes through april 24 , 2021 . ( 9 ) reflects balances owed to our joint venture partners in ghana and uganda . the ghana loan is denominated in ghs and the uganda loan is denominated in usd . ( 10 ) on february 11 , 2015 , we redeemed all of the outstanding 4.625% ( 4.625 % ) notes in accordance with the terms thereof . ( 11 ) includes payments under non-cancellable initial terms , as well as payments for certain renewal periods at our option , which we expect to renew because failure to renew could result in a loss of the applicable communications sites and related revenues from tenant leases . ( 12 ) primarily represents our asset retirement obligations and excludes certain other non-current liabilities included in our consolidated balance sheet , primarily our straight-line rent liability for which cash payments are included in operating lease payments and unearned revenue that is not payable in cash . ( 13 ) excludes $ 26.6 million of liabilities for unrecognized tax positions and $ 24.9 million of accrued income tax related interest and penalties included in our consolidated balance sheet as we are uncertain as to when and if the amounts may be settled . settlement of such amounts could require the use of cash flows generated from operations . we expect the unrecognized tax benefits to change over the next 12 months if certain tax matters ultimately settle with the applicable taxing jurisdiction during this timeframe . however , based on the status of these items and the amount of uncertainty associated with the outcome and timing of audit settlements , we are currently unable to estimate the impact of the amount of such changes , if any , to previously recorded uncertain tax positions . off-balance sheet arrangements . we have no material off-balance sheet arrangements as defined in item 303 ( a ) ( 4 ) ( ii ) of sec regulation s-k . interest rate swap agreements . we have entered into interest rate swap agreements to manage our exposure to variability in interest rates on debt in colombia and south africa . all of our interest rate swap agreements have been designated as cash flow hedges and have an aggregate notional amount of $ 79.9 million , interest rates ranging from 5.74% ( 5.74 % ) to 7.83% ( 7.83 % ) and expiration dates through april 2021 . in february 2014 , we repaid the costa rica loan and subsequently terminated the associated interest rate swap agreements . additionally , in connection with entering into the colombian credit facility in october 2014 , we terminated our pre-existing interest rate .\nQuestion: what was the sum of the minimum and the maximum interest rates?\nAnswer: 13.57\nQuestion: and what is the average between those two interest rates?\n"
},
{
"role": "agent",
"content": "6.785"
}
] |
CONVFINQA3785
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nn o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries the following table shows changes in the company 2019s restricted stock for the years ended december 31 , 2008 , 2007 , and 2006 : number of restricted stock weighted average grant- date fair value . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of restricted stock</td><td>weighted average grant- date fair value</td></tr><tr><td>2</td><td>unvested restricted stock december 31 2005</td><td>3488668</td><td>$ 41.26</td></tr><tr><td>3</td><td>granted</td><td>1632504</td><td>$ 56.05</td></tr><tr><td>4</td><td>vested and issued</td><td>-1181249 ( 1181249 )</td><td>$ 40.20</td></tr><tr><td>5</td><td>forfeited</td><td>-360734 ( 360734 )</td><td>$ 44.04</td></tr><tr><td>6</td><td>unvested restricted stock december 31 2006</td><td>3579189</td><td>$ 48.07</td></tr><tr><td>7</td><td>granted</td><td>1818716</td><td>$ 56.45</td></tr><tr><td>8</td><td>vested and issued</td><td>-1345412 ( 1345412 )</td><td>$ 44.48</td></tr><tr><td>9</td><td>forfeited</td><td>-230786 ( 230786 )</td><td>$ 51.57</td></tr><tr><td>10</td><td>unvested restricted stock december 31 2007</td><td>3821707</td><td>$ 53.12</td></tr><tr><td>11</td><td>granted</td><td>1836532</td><td>$ 59.84</td></tr><tr><td>12</td><td>vested and issued</td><td>-1403826 ( 1403826 )</td><td>$ 50.96</td></tr><tr><td>13</td><td>forfeited</td><td>-371183 ( 371183 )</td><td>$ 53.75</td></tr><tr><td>14</td><td>unvested restricted stock december 31 2008</td><td>3883230</td><td>$ 57.01</td></tr></table> under the provisions of fas 123r , the recognition of deferred compensation , a contra-equity account representing the amount of unrecognized restricted stock expense that is reduced as expense is recognized , at the date restricted stock is granted is no longer permitted . therefore , upon adoption of fas 123r , the amount of deferred compensation that had been reflected in unearned stock grant compensation was reclassified to additional paid-in capital in the company 2019s consolidated balance sheet . restricted stock units the company 2019s 2004 ltip also provides for grants of other awards , including restricted stock units . the company generally grants restricted stock units with a 4-year vesting period , based on a graded vesting schedule . each restricted stock unit repre- sents the company 2019s obligation to deliver to the holder one share of common shares upon vesting . during 2008 , the company awarded 223588 restricted stock units to officers of the company and its subsidiaries with a weighted-average grant date fair value of $ 59.93 . during 2007 , 108870 restricted stock units , with a weighted-average grant date fair value of $ 56.29 were awarded to officers of the company and its subsidiaries . during 2006 , 83370 restricted stock units , with a weighted-average grant date fair value of $ 56.36 were awarded to officers of the company and its subsidiaries . the company also grants restricted stock units with a 1-year vesting period to non-management directors . delivery of common shares on account of these restricted stock units to non-management directors is deferred until six months after the date of the non-management directors 2019 termination from the board . during 2008 , 2007 , and 2006 , 40362 restricted stock units , 29676 restricted stock units , and 23092 restricted stock units , respectively , were awarded to non-management direc- the espp gives participating employees the right to purchase common shares through payroll deductions during consecutive 201csubscription periods . 201d annual purchases by participants are limited to the number of whole shares that can be purchased by an amount equal to ten percent of the participant 2019s compensation or $ 25000 , whichever is less . the espp has two six-month subscription periods , the first of which runs between january 1 and june 30 and the second of which runs between july 1 and december 31 of each year . the amounts that have been collected from participants during a subscription period are used on the 201cexercise date 201d to purchase full shares of common shares . an exercise date is generally the last trading day of a sub- scription period . the number of shares purchased is equal to the total amount , as of the exercise date , that has been collected from the participants through payroll deductions for that subscription period , divided by the 201cpurchase price 201d , rounded down to the next full share . effective for and from the second subscription period of 2007 , the purchase price is 85 percent of the fair value of a common share on the exercise date . prior to the second subscription period of 2007 , the purchase price was calculated as the lower of ( i ) 85 percent of the fair value of a common share on the first day of the subscription period , or .\nQuestion: what is the net impact of granted and vested shares in the number of unvested restricted stocks in 2007?\nAnswer: 473304.0\nQuestion: what about the total impact of the forfeited shares are included?\nAnswer: 242518.0\nQuestion: what is the balance of unvested restricted stock as december 31 2008?\n"
},
{
"role": "agent",
"content": "3883230.0"
}
] |
CONVFINQA2982
|
[
{
"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\nsl green realty corp . it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building . the transaction valued the consolidated interests at $ 1.23 a0 billion . this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted . we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property . we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction . this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures . in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building . the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired . we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property . we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction . in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor . in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million . the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 . <table class='wikitable'><tr><td>1</td><td>-</td><td>51 east 42nd street</td><td>180 maiden lane</td><td>110 east 42nd street</td><td>1515 broadway</td><td>521 fifth avenue</td></tr><tr><td>2</td><td>land</td><td>$ 44095</td><td>$ 191523</td><td>$ 34000</td><td>$ 462700</td><td>$ 110100</td></tr><tr><td>3</td><td>building</td><td>33470</td><td>233230</td><td>46411</td><td>707938</td><td>146686</td></tr><tr><td>4</td><td>above market lease value</td><td>5616</td><td>7944</td><td>823</td><td>18298</td><td>3318</td></tr><tr><td>5</td><td>acquired in-place leases</td><td>4333</td><td>29948</td><td>5396</td><td>98661</td><td>23016</td></tr><tr><td>6</td><td>other assets net of other liabilities</td><td>2014</td><td>2014</td><td>2014</td><td>27127</td><td>2014</td></tr><tr><td>7</td><td>assets acquired</td><td>87514</td><td>462645</td><td>86630</td><td>1314724</td><td>283120</td></tr><tr><td>8</td><td>fair value adjustment to mortgage note payable</td><td>2014</td><td>2014</td><td>2014</td><td>-3693 ( 3693 )</td><td>2014</td></tr><tr><td>9</td><td>below market lease value</td><td>7514</td><td>20320</td><td>2326</td><td>84417</td><td>25977</td></tr><tr><td>10</td><td>liabilities assumed</td><td>7514</td><td>20320</td><td>2326</td><td>80724</td><td>25977</td></tr><tr><td>11</td><td>purchase price allocation</td><td>$ 80000</td><td>$ 442325</td><td>$ 84304</td><td>$ 1234000</td><td>$ 257143</td></tr><tr><td>12</td><td>net consideration funded by us at closing</td><td>$ 81632</td><td>$ 81835</td><td>$ 2744</td><td>$ 259228</td><td>$ 70000</td></tr><tr><td>13</td><td>equity and/or debt investment held</td><td>2014</td><td>2014</td><td>$ 16000</td><td>$ 40942</td><td>$ 41432</td></tr><tr><td>14</td><td>debt assumed</td><td>$ 2014</td><td>$ 2014</td><td>$ 65000</td><td>$ 458767</td><td>$ 140000</td></tr></table> net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property . our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp . ( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 . at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a . to extend and restructure the existing financing . gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing . the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor . the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 . in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million . in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing . the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 . in december a02010 , we completed the acquisition of various investments from gramercy . this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million . these assets are all leased to third a0party operators. .\nQuestion: what was the value of the consolidated interests?\nAnswer: 245.7\nQuestion: what was the interest rate of cifs?\n"
},
{
"role": "agent",
"content": "0.499"
}
] |
CONVFINQA6791
|
[
{
"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\nb . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships and rabbi trusts . limited partnerships are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29497</td><td>$ 29905</td></tr></table> .\nQuestion: what was the net change in value of reinsurance receivables and premium receivables from 2013 to 2014?\nAnswer: -408.0\nQuestion: what is the net change over the 2013 value?\n"
},
{
"role": "agent",
"content": "-0.01364"
}
] |
CONVFINQA2854
|
[
{
"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\nfinancial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .\nQuestion: what was the value of u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid in 2018?\nAnswer: 4678.2\nQuestion: what was the value of u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid in 2017?\nAnswer: 4172.0\nQuestion: what was the net change in values?\n"
},
{
"role": "agent",
"content": "506.2"
}
] |
CONVFINQA8711
|
[
{
"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 primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . the lower effective tax rate in 2010 as compared to 2009 is due primarily to an increase in foreign earnings on which u.s . income taxes have not been provided as such earnings are intended to be indefinitely reinvested outside the u.s . as of september 25 , 2010 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 2.4 billion , and deferred tax liabilities of $ 5.0 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . during the third quarter of 2010 , the company reached a tax settlement with the irs for the years 2002 through 2003 . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provision has been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the three years ended september 25 , 2010 ( in millions ) : as of september 25 , 2010 , the company had $ 51 billion in cash , cash equivalents and marketable securities , an increase of $ 17 billion from september 26 , 2009 . the principal component of this net increase was the cash generated by operating activities of $ 18.6 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 2 billion and payments made in connection with business acquisitions , net of cash acquired , of $ 638 million . the company 2019s marketable securities investment portfolio is invested primarily in highly rated securities , generally with a minimum rating of single-a or equivalent . as of september 25 , 2010 and september 26 , 2009 , $ 30.8 billion and $ 17.4 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments and other liquidity requirements associated with its existing operations over the next 12 months. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 51011</td><td>$ 33992</td><td>$ 24490</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 5510</td><td>$ 3361</td><td>$ 2422</td></tr><tr><td>4</td><td>inventories</td><td>$ 1051</td><td>$ 455</td><td>$ 509</td></tr><tr><td>5</td><td>working capital</td><td>$ 20956</td><td>$ 20049</td><td>$ 18645</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 18595</td><td>$ 10159</td><td>$ 9596</td></tr></table> .\nQuestion: what was the value of cash, cash equivalents and marketable securities in 2010?\nAnswer: 51011.0\nQuestion: what was the value in 2008?\n"
},
{
"role": "agent",
"content": "24490.0"
}
] |
CONVFINQA4729
|
[
{
"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\nbusiness subsequent to the acquisition . the liabilities for these payments are classified as level 3 liabilities because the related fair value measurement , which is determined using an income approach , includes significant inputs not observable in the market . financial assets and liabilities not measured at fair value our debt is reflected on the consolidated balance sheets at cost . based on market conditions as of december 31 , 2018 and 2017 , the fair value of our credit agreement borrowings reasonably approximated the carrying values of $ 1.7 billion and $ 2.0 billion , respectively . in addition , based on market conditions , the fair values of the outstanding borrowings under the receivables facility reasonably approximated the carrying values of $ 110 million and $ 100 million at december 31 , 2018 and december 31 , 2017 , respectively . as of december 31 , 2018 and december 31 , 2017 , the fair values of the u.s . notes ( 2023 ) were approximately $ 574 million and $ 615 million , respectively , compared to a carrying value of $ 600 million at each date . as of december 31 , 2018 and december 31 , 2017 , the fair values of the euro notes ( 2024 ) were approximately $ 586 million and $ 658 million compared to carrying values of $ 573 million and $ 600 million , respectively . as of december 31 , 2018 , the fair value of the euro notes ( 2026/28 ) approximated the carrying value of $ 1.1 billion . the fair value measurements of the borrowings under our credit agreement and receivables facility are classified as level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market , including interest rates on recent financing transactions with similar terms and maturities . we estimated the fair value by calculating the upfront cash payment a market participant would require at december 31 , 2018 to assume these obligations . the fair value of our u.s . notes ( 2023 ) is classified as level 1 within the fair value hierarchy since it is determined based upon observable market inputs including quoted market prices in an active market . the fair values of our euro notes ( 2024 ) and euro notes ( 2026/28 ) are determined based upon observable market inputs including quoted market prices in markets that are not active , and therefore are classified as level 2 within the fair value hierarchy . note 13 . commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment . the future minimum lease commitments under these leases at december 31 , 2018 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2019</td><td>$ 294269</td></tr><tr><td>2</td><td>2020</td><td>256172</td></tr><tr><td>3</td><td>2021</td><td>210632</td></tr><tr><td>4</td><td>2022</td><td>158763</td></tr><tr><td>5</td><td>2023</td><td>131518</td></tr><tr><td>6</td><td>thereafter</td><td>777165</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 1828519</td></tr></table> rental expense for operating leases was approximately $ 300 million , $ 247 million , and $ 212 million during the years ended december 31 , 2018 , 2017 and 2016 , respectively . we guarantee the residual values of the majority of our truck and equipment operating leases . the residual values decline over the lease terms to a defined percentage of original cost . in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall . similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value . had we terminated all of our operating leases subject to these guarantees at december 31 , 2018 , our portion of the guaranteed residual value would have totaled approximately $ 76 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies we have certain contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. .\nQuestion: what is the sum of rental expense for 2017 and 2018?\nAnswer: 547.0\nQuestion: what is the sum including 2016?\n"
},
{
"role": "agent",
"content": "759.0"
}
] |
CONVFINQA11018
|
[
{
"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 operating revenue in 2001?\nAnswer: 6144.0\nQuestion: what was it in 2000?\nAnswer: 4894.0\nQuestion: what is the net change?\nAnswer: 1250.0\nQuestion: what was the 2000 value?\n"
},
{
"role": "agent",
"content": "4894.0"
}
] |
CONVFINQA2763
|
[
{
"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 floating-rate senior notes the floating-rate senior notes with principal amounts totaling $ 1.043 billion , bear interest at either one or three-month libor , less a spread ranging from 30 to 45 basis points . the average interest rate for 2017 and 2016 was 0.74% ( 0.74 % ) and 0.21% ( 0.21 % ) , respectively . these notes are callable at various times after 30 years at a stated percentage of par value , and putable by the note holders at various times after one year at a stated percentage of par value . the notes have maturities ranging from 2049 through 2067 . we classified the floating-rate senior notes that are putable by the note holder as a long-term liability , due to our intent and ability to refinance the debt if the put option is exercised by the note holder . in march and november 2017 , we issued floating-rate senior notes in the principal amounts of $ 147 and $ 64 million , respectively , which are included in the $ 1.043 billion floating-rate senior notes described above . these notes will bear interest at three-month libor less 30 and 35 basis points , respectively and mature in 2067 . the remaining three floating-rate senior notes in the principal amounts of $ 350 , $ 400 and $ 500 million , bear interest at three-month libor , plus a spread ranging from 15 to 45 basis points . the average interest rate for 2017 and 2016 was 0.50% ( 0.50 % ) and 0.0% ( 0.0 % ) , respectively . these notes are not callable . the notes have maturities ranging from 2021 through 2023 . we classified the floating-rate senior notes that are putable by the note holder as a long-term liability , due to our intent and ability to refinance the debt if the put option is exercised by the note holder . 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>2017</td><td>2016</td></tr><tr><td>2</td><td>vehicles</td><td>$ 70</td><td>$ 68</td></tr><tr><td>3</td><td>aircraft</td><td>2291</td><td>2291</td></tr><tr><td>4</td><td>buildings</td><td>285</td><td>190</td></tr><tr><td>5</td><td>accumulated amortization</td><td>-990 ( 990 )</td><td>-896 ( 896 )</td></tr><tr><td>6</td><td>property plant and equipment subject to capital leases</td><td>$ 1656</td><td>$ 1653</td></tr></table> these capital lease obligations have principal payments due at various dates from 2018 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 2017 and 2016 were 0.83% ( 0.83 % ) and 0.37% ( 0.37 % ) , 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 2017 and 2016 were 0.80% ( 0.80 % ) and 0.36% ( 0.36 % ) , 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 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 2017 and 2016 was 0.78% ( 0.78 % ) and 0.40% ( 0.40 % ) , respectively. .\nQuestion: what is the balance of buildings subject to capital lease in 2017?\nAnswer: 285.0\nQuestion: what about in 2016?\nAnswer: 190.0\nQuestion: what is the net change value between 2016 and 2017?\nAnswer: 95.0\nQuestion: what is the balance of buildings subject to capital lease in 2016?\nAnswer: 190.0\nQuestion: what percentage change does this represent?\n"
},
{
"role": "agent",
"content": "0.5"
}
] |
CONVFINQA4207
|
[
{
"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 and subsidiaries notes to consolidated financial statements ( continued ) commodity price risk we are exposed to market risks related to the volatility in the price of crude oil , refined products ( primarily gasoline and distillate ) , grain ( primarily corn ) , and natural gas used in our operations . to reduce the impact of price volatility on our results of operations and cash flows , we use commodity derivative instruments , including futures , swaps , and options . we use the futures markets for the available liquidity , which provides greater flexibility in transacting our hedging and trading operations . we use swaps primarily to manage our price exposure . our positions in commodity derivative instruments are monitored and managed on a daily basis by a risk control group to ensure compliance with our stated risk management policy that has been approved by our board of directors . for risk management purposes , we use fair value hedges , cash flow hedges , and economic hedges . in addition to the use of derivative instruments to manage commodity price risk , we also enter into certain commodity derivative instruments for trading purposes . our objective for entering into each type of hedge or trading derivative is described below . fair value hedges fair value hedges are used to hedge price volatility in certain refining inventories and firm commitments to purchase inventories . the level of activity for our fair value hedges is based on the level of our operating inventories , and generally represents the amount by which our inventories differ from our previous year-end lifo inventory levels . as of december 31 , 2012 , we had the following outstanding commodity derivative instruments that were entered into to hedge crude oil and refined product inventories and commodity derivative instruments related to the physical purchase of crude oil and refined products at a fixed price . the information presents the notional volume of outstanding contracts by type of instrument and year of maturity ( volumes in thousands of barrels ) . notional contract volumes by year of maturity derivative instrument 2013 . <table class='wikitable'><tr><td>1</td><td>derivative instrument</td><td>notionalcontractvolumes byyear ofmaturity 2013</td></tr><tr><td>2</td><td>crude oil and refined products:</td><td>-</td></tr><tr><td>3</td><td>futures 2013 long</td><td>1052</td></tr><tr><td>4</td><td>futures 2013 short</td><td>4857</td></tr><tr><td>5</td><td>physical contracts - long</td><td>3805</td></tr></table> .\nQuestion: what is the volume of futures 2013 short?\nAnswer: 4857.0\nQuestion: what is that times 2?\nAnswer: 9714.0\nQuestion: what is the volume of physical contracts - long?\n"
},
{
"role": "agent",
"content": "3805.0"
}
] |
CONVFINQA2846
|
[
{
"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 table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) , ( ii ) the standard & poor 2019s industrials index ( 201cs&p industrials index 201d ) and ( iii ) the standard & poor 2019s consumer durables & apparel index ( 201cs&p consumer durables & apparel index 201d ) , from december 31 , 2005 through december 31 , 2010 , when the closing price of our common stock was $ 12.66 . the graph assumes investments of $ 100 on december 31 , 2005 in our common stock and in each of the three indices and the reinvestment of dividends . performance graph 201020092008200720062005 s&p 500 index s&p industrials index s&p consumer durables & apparel index the table below sets forth the value , as of december 31 for each of the years indicated , of a $ 100 investment made on december 31 , 2005 in each of our common stock , the s&p 500 index , the s&p industrials index and the s&p consumer durables & apparel index and includes the reinvestment of dividends. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2007</td><td>2008</td><td>2009</td><td>2010</td></tr><tr><td>2</td><td>masco</td><td>$ 101.79</td><td>$ 76.74</td><td>$ 42.81</td><td>$ 54.89</td><td>$ 51.51</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 115.61</td><td>$ 121.95</td><td>$ 77.38</td><td>$ 97.44</td><td>$ 111.89</td></tr><tr><td>4</td><td>s&p industrials index</td><td>$ 113.16</td><td>$ 126.72</td><td>$ 76.79</td><td>$ 92.30</td><td>$ 116.64</td></tr><tr><td>5</td><td>s&p consumer durables & apparel index</td><td>$ 106.16</td><td>$ 84.50</td><td>$ 56.13</td><td>$ 76.51</td><td>$ 99.87</td></tr></table> in july 2007 , our board of directors authorized the purchase of up to 50 million shares of our common stock in open-market transactions or otherwise . at december 31 , 2010 , we had remaining authorization to repurchase up to 27 million shares . during 2010 , we repurchased and retired three million shares of our common stock , for cash aggregating $ 45 million to offset the dilutive impact of the 2010 grant of three million shares of long-term stock awards . we did not purchase any shares during the three months ended december 31 , 2010. .\nQuestion: what was the difference between the price of masco in 2010 and the starting value as of 12/31/05?\nAnswer: -48.49\nQuestion: so what was the percentage growth during that time?\nAnswer: -0.4849\nQuestion: what was the difference between the price of the s&p 500 in 2010 and the starting value as of 12/31/05?\nAnswer: 11.89\nQuestion: and the original investment again?\nAnswer: 100.0\nQuestion: so what was the growth rate of s&p 500 during this time?\n"
},
{
"role": "agent",
"content": "0.1189"
}
] |
CONVFINQA2706
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7 . management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe . our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis . 2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil . 2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g . certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business . these statements typically contain words such as \"anticipates\" \"believes\" \"estimates\" \"expects\" \"targets\" \"plans\" \"projects\" \"could\" \"may\" \"should\" \"would\" or similar words indicating that future outcomes are uncertain . in accordance with \"safe harbor\" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements . for additional risk factors affecting our business , see item 1a . risk factors in this annual report on form 10-k . management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 . business , item 1a . risk factors and item 8 . financial statements and supplementary data found in this annual report on form 10-k . spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc . marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held . a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off . activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 . financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) . overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows . the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 94.15</td><td>$ 95.11</td><td>$ 79.61</td></tr><tr><td>3</td><td>brent ( europe ) crude oil ( dollars per bbl )</td><td>$ 111.65</td><td>$ 111.26</td><td>$ 79.51</td></tr><tr><td>4</td><td>henry hub natural gas ( dollars per mmbtu ) ( a )</td><td>$ 2.79</td><td>$ 4.04</td><td>$ 4.39</td></tr></table> henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average . liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 . in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti . the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s . liquid hydrocarbon realizations to differ from the wti benchmark . in 2012 , 2011 and 2010 , the percentage of our u.s . crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent . sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti . the percentage of our u.s . crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines . in recent years , crude oil sold along the u.s . gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti . ngls were 10 percent , 7 percent and 6 percent of our u.s . liquid hydrocarbon sales in 2012 , 2011 and 2010 . in 2012 , our sales of ngls increased due to our development of u.s . unconventional liquids-rich plays. .\nQuestion: what was the change in the percentage of crude oil and condensate production that was sour between 2011 and 2012?\n"
},
{
"role": "agent",
"content": "-21.0"
}
] |
CONVFINQA840
|
[
{
"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\naeronautics business segment 2019s results of operations discussion . the increase in our consolidated net adjustments for 2011 as compared to 2010 primarily was due to an increase in profit booking rate adjustments at our is&gs and aeronautics business segments . aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support , and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles , and related technologies . aeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , f-22 raptor , f-16 fighting falcon , c-130 hercules , and the c-5m super galaxy . aeronautics 2019 operating results included the following ( 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 sales</td><td>$ 14953</td><td>$ 14362</td><td>$ 13109</td></tr><tr><td>3</td><td>operating profit</td><td>1699</td><td>1630</td><td>1498</td></tr><tr><td>4</td><td>operating margins</td><td>11.4% ( 11.4 % )</td><td>11.3% ( 11.3 % )</td><td>11.4% ( 11.4 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>30100</td><td>30500</td><td>27500</td></tr></table> 2012 compared to 2011 aeronautics 2019 net sales for 2012 increased $ 591 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher net sales of approximately $ 745 million from f-35 lrip contracts principally due to increased production volume ; about $ 285 million from f-16 programs primarily due to higher aircraft deliveries ( 37 f-16 aircraft delivered in 2012 compared to 22 in 2011 ) partially offset by lower volume on sustainment activities due to the completion of modification programs for certain international customers ; and approximately $ 140 million from c-5 programs due to higher aircraft deliveries ( four c-5m aircraft delivered in 2012 compared to two in 2011 ) . partially offsetting the increases were lower net sales of approximately $ 365 million from decreased production volume and lower risk retirements on the f-22 program as final aircraft deliveries were completed in the second quarter of 2012 ; approximately $ 110 million from the f-35 development contract primarily due to the inception-to-date effect of reducing the profit booking rate in the second quarter of 2012 and to a lesser extent lower volume ; and about $ 95 million from a decrease in volume on other sustainment activities partially offset by various other aeronautics programs due to higher volume . net sales for c-130 programs were comparable to 2011 as a decline in sustainment activities largely was offset by increased aircraft deliveries . aeronautics 2019 operating profit for 2012 increased $ 69 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher operating profit of approximately $ 105 million from c-130 programs due to an increase in risk retirements ; about $ 50 million from f-16 programs due to higher aircraft deliveries partially offset by a decline in risk retirements ; approximately $ 50 million from f-35 lrip contracts due to increased production volume and risk retirements ; and about $ 50 million from the completion of purchased intangible asset amortization on certain f-16 contracts . partially offsetting the increases was lower operating profit of about $ 90 million from the f-35 development contract primarily due to the inception- to-date effect of reducing the profit booking rate in the second quarter of 2012 ; approximately $ 50 million from decreased production volume and risk retirements on the f-22 program partially offset by a resolution of a contractual matter in the second quarter of 2012 ; and approximately $ 45 million primarily due to a decrease in risk retirements on other sustainment activities partially offset by various other aeronautics programs due to increased risk retirements and volume . operating profit for c-5 programs was comparable to 2011 . adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 30 million lower for 2012 compared to 2011 . 2011 compared to 2010 aeronautics 2019 net sales for 2011 increased $ 1.3 billion , or 10% ( 10 % ) , compared to 2010 . the growth in net sales primarily was due to higher volume of about $ 850 million for work performed on the f-35 lrip contracts as production increased ; higher volume of about $ 745 million for c-130 programs due to an increase in deliveries ( 33 c-130j aircraft delivered in 2011 compared to 25 during 2010 ) and support activities ; about $ 425 million for f-16 support activities and an increase in aircraft deliveries ( 22 f-16 aircraft delivered in 2011 compared to 20 during 2010 ) ; and approximately $ 90 million for higher volume on c-5 programs ( two c-5m aircraft delivered in 2011 compared to one during 2010 ) . these increases partially were offset by a decline in net sales of approximately $ 675 million due to lower volume on the f-22 program and lower net sales of about $ 155 million for the f-35 development contract as development work decreased. .\nQuestion: what was the change in the operating profit for aeronautics from 2011 to 2012?\nAnswer: 69.0\nQuestion: and what is this change as a portion of that operating profit in 2011?\nAnswer: 0.04233\nQuestion: in that same period, what was the change in the total net sales?\nAnswer: 591.0\nQuestion: and what percentage does this change represent in relation to those net sales in 2011?\n"
},
{
"role": "agent",
"content": "0.04115"
}
] |
CONVFINQA8238
|
[
{
"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\ndividends for a summary of the cash dividends paid on citi 2019s outstanding common stock during 2009 and 2010 , see note 33 to the consolidated financial statements . for so long as the u.s . government holds any citigroup trust preferred securities acquired pursuant to the exchange offers consummated in 2009 , citigroup has agreed not to pay a quarterly common stock dividend exceeding $ 0.01 per quarter , subject to certain customary exceptions . further , any dividend on citi 2019s outstanding common stock would need to be made in compliance with citi 2019s obligations to any remaining outstanding citigroup preferred stock . performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citigroup 2019s common stock with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2010 . the graph and table assume that $ 100 was invested on december 31 , 2005 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested . citigroup s&p 500 index s&p financial index comparison of five-year cumulative total return for the years ended 2006 2007 2008 2009 2010 . <table class='wikitable'><tr><td>1</td><td>december 31,</td><td>citigroup</td><td>s&p 500 index</td><td>s&p financial index</td></tr><tr><td>2</td><td>2006</td><td>119.55</td><td>115.79</td><td>119.19</td></tr><tr><td>3</td><td>2007</td><td>66.10</td><td>122.15</td><td>96.98</td></tr><tr><td>4</td><td>2008</td><td>15.88</td><td>76.96</td><td>43.34</td></tr><tr><td>5</td><td>2009</td><td>7.85</td><td>97.33</td><td>50.80</td></tr><tr><td>6</td><td>2010</td><td>11.22</td><td>111.99</td><td>56.96</td></tr></table> .\nQuestion: what was the change in value of the cititgroup's common stock from the year of 2005 to 2010?\nAnswer: -88.78\nQuestion: and what was the original value invested in that stock in 2005?\nAnswer: 100.0\nQuestion: how much, then, does that change represent in relation to this invested value, in percentage?\n"
},
{
"role": "agent",
"content": "-0.8878"
}
] |
CONVFINQA3685
|
[
{
"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\nconsolidated income statement review our consolidated income statement is presented in item 8 of this report . net income for 2012 was $ 3.0 billion compared with $ 3.1 billion for 2011 . revenue growth of 8 percent and a decline in the provision for credit losses were more than offset by a 16 percent increase in noninterest expense in 2012 compared to 2011 . further detail is included in the net interest income , noninterest income , provision for credit losses and noninterest expense portions of this consolidated income statement review . net interest income table 2 : net interest income and net interest margin year ended december 31 dollars in millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>year ended december 31dollars in millions</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9640</td><td>$ 8700</td></tr><tr><td>3</td><td>net interest margin</td><td>3.94% ( 3.94 % )</td><td>3.92% ( 3.92 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see the statistical information ( unaudited ) 2013 average consolidated balance sheet and net interest analysis and analysis of year-to-year changes in net interest income in item 8 of this report and the discussion of purchase accounting accretion of purchased impaired loans in the consolidated balance sheet review in this item 7 for additional information . the increase in net interest income in 2012 compared with 2011 was primarily due to the impact of the rbc bank ( usa ) acquisition , organic loan growth and lower funding costs . purchase accounting accretion remained stable at $ 1.1 billion in both periods . the net interest margin was 3.94% ( 3.94 % ) for 2012 and 3.92% ( 3.92 % ) for 2011 . the increase in the comparison was primarily due to a decrease in the weighted-average rate accrued on total interest- bearing liabilities of 29 basis points , largely offset by a 21 basis point decrease on the yield on total interest-earning assets . the decrease in the rate on interest-bearing liabilities was primarily due to the runoff of maturing retail certificates of deposit and the redemption of additional trust preferred and hybrid capital securities during 2012 , in addition to an increase in fhlb borrowings and commercial paper as lower-cost funding sources . the decrease in the yield on interest-earning assets was primarily due to lower rates on new loan volume and lower yields on new securities in the current low rate environment . with respect to the first quarter of 2013 , we expect net interest income to decline by two to three percent compared to fourth quarter 2012 net interest income of $ 2.4 billion , due to a decrease in purchase accounting accretion of up to $ 50 to $ 60 million , including lower expected cash recoveries . for the full year 2013 , we expect net interest income to decrease compared with 2012 , assuming an expected decline in purchase accounting accretion of approximately $ 400 million , while core net interest income is expected to increase in the year-over-year comparison . we believe our net interest margin will come under pressure in 2013 , due to the expected decline in purchase accounting accretion and assuming that the current low rate environment continues . noninterest income noninterest income totaled $ 5.9 billion for 2012 and $ 5.6 billion for 2011 . the overall increase in the comparison was primarily due to an increase in residential mortgage loan sales revenue driven by higher loan origination volume , gains on sales of visa class b common shares and higher corporate service fees , largely offset by higher provision for residential mortgage repurchase obligations . asset management revenue , including blackrock , totaled $ 1.2 billion in 2012 compared with $ 1.1 billion in 2011 . this increase was primarily due to higher earnings from our blackrock investment . discretionary assets under management increased to $ 112 billion at december 31 , 2012 compared with $ 107 billion at december 31 , 2011 driven by stronger average equity markets , positive net flows and strong sales performance . for 2012 , consumer services fees were $ 1.1 billion compared with $ 1.2 billion in 2011 . the decline reflected the regulatory impact of lower interchange fees on debit card transactions partially offset by customer growth . as further discussed in the retail banking portion of the business segments review section of this item 7 , the dodd-frank limits on interchange rates were effective october 1 , 2011 and had a negative impact on revenue of approximately $ 314 million in 2012 and $ 75 million in 2011 . this impact was partially offset by higher volumes of merchant , customer credit card and debit card transactions and the impact of the rbc bank ( usa ) acquisition . corporate services revenue increased by $ .3 billion , or 30 percent , to $ 1.2 billion in 2012 compared with $ .9 billion in 2011 due to higher commercial mortgage servicing revenue and higher merger and acquisition advisory fees in 2012 . the major components of corporate services revenue are treasury management revenue , corporate finance fees , including revenue from capital markets-related products and services , and commercial mortgage servicing revenue , including commercial mortgage banking activities . see the product revenue portion of this consolidated income statement review for further detail . the pnc financial services group , inc . 2013 form 10-k 39 .\nQuestion: what is the net change in net interest income from 2011 to 2012?\nAnswer: 940.0\nQuestion: what is the net interest income in 2011?\nAnswer: 8700.0\nQuestion: what percentage change does this represent?\nAnswer: 0.10805\nQuestion: what is the negative impact on revenue from dodd-frank limits on interchange rates in 2012?\n"
},
{
"role": "agent",
"content": "314.0"
}
] |
CONVFINQA9874
|
[
{
"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\nsystem energy resources , inc . management 2019s financial discussion and analysis also in addition to the contractual obligations , system energy has $ 382.3 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions . see note 3 to the financial statements for additional information regarding unrecognized tax benefits . in addition to routine spending to maintain operations , the planned capital investment estimate includes specific investments and initiatives such as the nuclear fleet operational excellence initiative , as discussed below in 201cnuclear matters , 201d and plant improvements . as a wholly-owned subsidiary , system energy dividends its earnings to entergy corporation at a percentage determined monthly . sources of capital system energy 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt issuances ; and 2022 bank financing under new or existing facilities . system energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common stock issuances by system energy require prior regulatory approval . debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy 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>$ 33809</td><td>$ 39926</td><td>$ 2373</td><td>$ 9223</td></tr></table> see note 4 to the financial statements for a description of the money pool . the system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 . as of december 31 , 2016 , $ 66.9 million in letters of credit were outstanding under the credit facility to support a like amount of commercial paper issued by the system energy nuclear fuel company variable interest entity . see note 4 to the financial statements for additional discussion of the variable interest entity credit facility . system energy obtained authorizations from the ferc through october 2017 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity . see note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits. .\nQuestion: what is the net change in value of the system energy 2019s receivable from the money pool from 2015 to 2016?\nAnswer: -6117.0\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "-0.15321"
}
] |
CONVFINQA7271
|
[
{
"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\nnew accounting pronouncements information regarding new accounting pronouncements is included in note 1 to the consolidated financial statements . financial condition and liquidity the company generates significant ongoing cash flow . increases in long-term debt have been used , in part , to fund share repurchase activities and acquisitions . on november 15 , 2007 , 3m ( safety , security and protection services business ) announced that it had entered into a definitive agreement for 3m 2019s acquisition of 100 percent of the outstanding shares of aearo holding corp . e83a a global leader in the personal protection industry that manufactures and markets personal protection and energy absorbing products e83a for approximately $ 1.2 billion . the sale is expected to close towards the end of the first quarter of 2008 . at december 31 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>total debt</td><td>$ 4920</td><td>$ 3553</td><td>$ 2381</td></tr><tr><td>3</td><td>less : cash cash equivalents and marketable securities</td><td>2955</td><td>2084</td><td>1072</td></tr><tr><td>4</td><td>net debt</td><td>$ 1965</td><td>$ 1469</td><td>$ 1309</td></tr></table> cash , cash equivalents and marketable securities at december 31 , 2007 totaled approximately $ 3 billion , helped by strong cash flow generation and by the timing of debt issuances . at december 31 , 2006 , cash balances were higher due to the significant pharmaceuticals sales proceeds received in december 2006 . 3m believes its ongoing cash flows provide ample cash to fund expected investments and capital expenditures . the company has sufficient access to capital markets to meet currently anticipated growth and acquisition investment funding needs . the company does not utilize derivative instruments linked to the company 2019s stock . however , the company does have contingently convertible debt that , if conditions for conversion are met , is convertible into shares of 3m common stock ( refer to note 10 in this document ) . the company 2019s financial condition and liquidity are strong . various assets and liabilities , including cash and short-term debt , can fluctuate significantly from month to month depending on short-term liquidity needs . working capital ( defined as current assets minus current liabilities ) totaled $ 4.476 billion at december 31 , 2007 , compared with $ 1.623 billion at december 31 , 2006 . working capital was higher primarily due to increases in cash and cash equivalents , short-term marketable securities , receivables and inventories and decreases in short-term debt and accrued income taxes . the company 2019s liquidity remains strong , with cash , cash equivalents and marketable securities at december 31 , 2007 totaling approximately $ 3 billion . primary short-term liquidity needs are provided through u.s . commercial paper and euro commercial paper issuances . as of december 31 , 2007 , outstanding total commercial paper issued totaled $ 349 million and averaged $ 1.249 billion during 2007 . the company believes it unlikely that its access to the commercial paper market will be restricted . in june 2007 , the company established a medium-term notes program through which up to $ 3 billion of medium-term notes may be offered , with remaining shelf borrowing capacity of $ 2.5 billion as of december 31 , 2007 . on april 30 , 2007 , the company replaced its $ 565-million credit facility with a new $ 1.5-billion five-year credit facility , which has provisions for the company to request an increase of the facility up to $ 2 billion ( at the lenders 2019 discretion ) , and providing for up to $ 150 million in letters of credit . as of december 31 , 2007 , there are $ 110 million in letters of credit drawn against the facility . at december 31 , 2007 , available short-term committed lines of credit internationally totaled approximately $ 67 million , of which $ 13 million was utilized . debt covenants do not restrict the payment of dividends . the company has a \"well-known seasoned issuer\" shelf registration statement , effective february 24 , 2006 , to register an indeterminate amount of debt or equity securities for future sales . the company intends to use the proceeds from future securities sales off this shelf for general corporate purposes . at december 31 , 2007 , certain debt agreements ( $ 350 million of dealer remarketable securities and $ 87 million of esop debt ) had ratings triggers ( bbb-/baa3 or lower ) that would require repayment of debt . the company has an aa credit rating , with a stable outlook , from standard & poor 2019s and an aa1 credit rating , with a negative outlook , from moody 2019s investors service . in addition , under the $ 1.5-billion five-year credit facility agreement , 3m is required to maintain its ebitda to interest ratio as of the end of each fiscal quarter at not less than 3.0 to 1 . this is calculated ( as defined in the agreement ) as the ratio of consolidated total ebitda for the four consecutive quarters then ended to total interest expense on all funded debt for the same period . at december 31 , 2007 , this ratio was approximately 35 to 1. .\nQuestion: in 2007, how much did the total debt represent in relation to the total of cash and cash equivalents and marketable securities?\n"
},
{
"role": "agent",
"content": "1.66497"
}
] |
CONVFINQA9376
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n. <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period ( in thousands ) total</td><td>payments due by period ( in thousands ) 2017</td><td>payments due by period ( in thousands ) 2018</td><td>payments due by period ( in thousands ) 2019</td><td>payments due by period ( in thousands ) 2020</td><td>payments due by period ( in thousands ) 2021</td><td>payments due by period ( in thousands ) thereafter</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 3508789</td><td>$ 203244</td><td>$ 409257</td><td>$ 366456</td><td>$ 461309</td><td>$ 329339</td><td>$ 1739184</td></tr><tr><td>3</td><td>line of credit ( 2 )</td><td>56127</td><td>2650</td><td>2650</td><td>2650</td><td>48177</td><td>2014</td><td>2014</td></tr><tr><td>4</td><td>share of unconsolidated joint ventures' debt ( 3 )</td><td>91235</td><td>2444</td><td>28466</td><td>5737</td><td>11598</td><td>1236</td><td>41754</td></tr><tr><td>5</td><td>ground leases</td><td>311120</td><td>10745</td><td>5721</td><td>5758</td><td>5793</td><td>5822</td><td>277281</td></tr><tr><td>6</td><td>development and construction backlog costs ( 4 )</td><td>344700</td><td>331553</td><td>13147</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>7</td><td>other</td><td>43357</td><td>7502</td><td>7342</td><td>5801</td><td>4326</td><td>3906</td><td>14480</td></tr><tr><td>8</td><td>total contractual obligations</td><td>$ 4355328</td><td>$ 558138</td><td>$ 466583</td><td>$ 386402</td><td>$ 531203</td><td>$ 340303</td><td>$ 2072699</td></tr></table> ( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest . interest payments for variable rate debt were calculated using the interest rates as of december 31 , 2016 . repayment of our $ 250.0 million variable rate term note , which has a contractual maturity date in january 2019 , is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . ( 2 ) our unsecured line of credit has a contractual maturity date in january 2019 , but is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion . interest payments for our unsecured line of credit were calculated using the most recent stated interest rate that was in effect.ff ( 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 , 2016 . ( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects . related party y transactionstt we provide property and asset management , leasing , construction and other tenant-related services to ww unconsolidated companies in which we have equity interests . for the years ended december 31 , 2016 , 2015 and 2014 we earned management fees of $ 4.5 million , $ 6.8 million and $ 8.5 million , leasing fees of $ 2.4 million , $ 3.0 million and $ 3.4 million and construction and development fees of $ 8.0 million , $ 6.1 million and $ 5.8 million , respectively , from these companies , prior to elimination of our ownership percentage . yy we recorded these fees based ww on contractual terms that approximate market rates for these types of services and have eliminated our ownership percentages of these fees in the consolidated financial statements . commitments and contingenciesg the partnership has guaranteed the repayment of $ 32.9 million of economic development bonds issued by various municipalities in connection with certain commercial developments . we will be required to make payments under ww our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond ff 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 . the partnership also has guaranteed the repayment of an unsecured loan of one of our unconsolidated subsidiaries . at december 31 , 2016 , the maximum guarantee exposure for this loan was approximately $ 52.1 million . we lease certain land positions with terms extending toww march 2114 , with a total future payment obligation of $ 311.1 million . the payments on these ground leases , which are classified as operating leases , are not material in any individual year . in addition to ground leases , we are party to other operating leases as part of conducting our business , including leases of office space from third parties , with a total future payment obligation of ff $ 43.4 million at december 31 , 2016 . no future payments on these 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 ww of management , the amount of any ultimate liability with respect to these actions is not expected to materially affect ff our consolidated financial statements or results of operations . we own certain parcels of land that are subject to special property tax assessments levied by quasi municipalww entities . to the extent that such special assessments are fixed and determinable , the discounted value of the fulltt .\nQuestion: what was the proportion of long-term debt to total contractual obligations in 2017?\n"
},
{
"role": "agent",
"content": "0.36415"
}
] |
CONVFINQA6474
|
[
{
"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\n112 / sl green realty corp . 2017 annual report 20 . commitments and contingencies legal proceedings as of december a031 , 2017 , the company and the operating partnership were not involved in any material litigation nor , to management 2019s knowledge , was any material litigation threat- ened against us or our portfolio which if adversely determined could have a material adverse impact on us . environmental matters our management believes that the properties are in compliance in all material respects with applicable federal , state and local ordinances and regulations regarding environmental issues . management is not aware of any environmental liability that it believes would have a materially adverse impact on our financial position , results of operations or cash flows . management is unaware of any instances in which it would incur significant envi- ronmental cost if any of our properties were sold . employment agreements we have entered into employment agreements with certain exec- utives , which expire between december a02018 and february a02020 . the minimum cash-based compensation , including base sal- ary and guaranteed bonus payments , associated with these employment agreements total $ 5.4 a0million for 2018 . in addition these employment agreements provide for deferred compen- sation awards based on our stock price and which were valued at $ 1.6 a0million on the grant date . the value of these awards may change based on fluctuations in our stock price . insurance we maintain 201call-risk 201d property and rental value coverage ( includ- ing coverage regarding the perils of flood , earthquake and terrorism , excluding nuclear , biological , chemical , and radiological terrorism ( 201cnbcr 201d ) ) , within three property insurance programs and liability insurance . separate property and liability coverage may be purchased on a stand-alone basis for certain assets , such as the development of one vanderbilt . additionally , our captive insurance company , belmont insurance company , or belmont , pro- vides coverage for nbcr terrorist acts above a specified trigger , although if belmont is required to pay a claim under our insur- ance policies , we would ultimately record the loss to the extent of belmont 2019s required payment . however , there is no assurance that in the future we will be able to procure coverage at a reasonable cost . further , if we experience losses that are uninsured or that exceed policy limits , we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those plan trustees adopted a rehabilitation plan consistent with this requirement . no surcharges have been paid to the pension plan as of december a031 , 2017 . for the pension plan years ended june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 257.8 a0million , $ 249.5 a0million , and $ 221.9 a0million . our contributions to the pension plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . the health plan was established under the terms of collective bargaining agreements between the union , the realty advisory board on labor relations , inc . and certain other employees . the health plan provides health and other benefits to eligible participants employed in the building service industry who are covered under collective bargaining agreements , or other writ- ten agreements , with the union . the health plan is administered by a board of trustees with equal representation by the employ- ers and the union and operates under employer identification number a013-2928869 . the health plan receives contributions in accordance with collective bargaining agreements or participa- tion agreements . generally , these agreements provide that the employers contribute to the health plan at a fixed rate on behalf of each covered employee . for the health plan years ended , june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 1.3 a0billion , $ 1.2 a0billion and $ 1.1 a0billion , respectively . our contributions to the health plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . contributions we made to the multi-employer plans for the years ended december a031 , 2017 , 2016 and 2015 are included in the table below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>benefit plan</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>pension plan</td><td>$ 3856</td><td>$ 3979</td><td>$ 2732</td></tr><tr><td>3</td><td>health plan</td><td>11426</td><td>11530</td><td>8736</td></tr><tr><td>4</td><td>other plans</td><td>1463</td><td>1583</td><td>5716</td></tr><tr><td>5</td><td>total plan contributions</td><td>$ 16745</td><td>$ 17092</td><td>$ 17184</td></tr></table> 401 ( k ) plan in august a01997 , we implemented a 401 ( k ) a0savings/retirement plan , or the 401 ( k ) a0plan , to cover eligible employees of ours , and any designated affiliate . the 401 ( k ) a0plan permits eligible employees to defer up to 15% ( 15 % ) of their annual compensation , subject to certain limitations imposed by the code . the employees 2019 elective deferrals are immediately vested and non-forfeitable upon contribution to the 401 ( k ) a0plan . during a02003 , we amended our 401 ( k ) a0plan to pro- vide for discretionary matching contributions only . for 2017 , 2016 and 2015 , a matching contribution equal to 50% ( 50 % ) of the first 6% ( 6 % ) of annual compensation was made . for the year ended december a031 , 2017 , we made a matching contribution of $ 728782 . for the years ended december a031 , 2016 and 2015 , we made matching contribu- tions of $ 566000 and $ 550000 , respectively. .\nQuestion: what were the pension plan contributions in 2016?\nAnswer: 249.5\nQuestion: what were they in 2015?\nAnswer: 221.9\nQuestion: what is the net difference?\n"
},
{
"role": "agent",
"content": "27.6"
}
] |
CONVFINQA7316
|
[
{
"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 is the total value of the share repurchase program?\nAnswer: 8.0\nQuestion: what is the value of those that have been repurchased?\nAnswer: 1.43\nQuestion: what is the total value less those repurchased?\nAnswer: 6.57\nQuestion: what is the total value?\n"
},
{
"role": "agent",
"content": "8.0"
}
] |
CONVFINQA6109
|
[
{
"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\nno . 159 requires that unrealized gains and losses on items for which the fair value option has been elected be reported in earnings at each reporting date . sfas no . 159 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 . although the company will continue to evaluate the application of sfas no . 159 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . in september 2006 , the fasb issued sfas no . 157 , fair value measurements , which defines fair value , provides a framework for measuring fair value , and expands the disclosures required for fair value measurements . sfas no . 157 applies to other accounting pronouncements that require fair value measurements ; it does not require any new fair value measurements . sfas no . 157 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 . although the company will continue to evaluate the application of sfas no . 157 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . in june 2006 , the fasb issued fasb interpretation no . ( 2018 2018fin 2019 2019 ) 48 , accounting for uncertainty in income taxes-an interpretation of fasb statement no . 109 . fin 48 clarifies the accounting for uncertainty in income taxes by creating a framework for how companies should recognize , measure , present , and disclose in their financial statements uncertain tax positions that they have taken or expect to take in a tax return . fin 48 is effective for fiscal years beginning after december 15 , 2006 and is required to be adopted by the company beginning in the first quarter of fiscal 2008 . although the company will continue to evaluate the application of fin 48 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . liquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars 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>cash cash equivalents and short-term investments</td><td>$ 15386</td><td>$ 10110</td><td>$ 8261</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 1637</td><td>$ 1252</td><td>$ 895</td></tr><tr><td>4</td><td>inventory</td><td>$ 346</td><td>$ 270</td><td>$ 165</td></tr><tr><td>5</td><td>working capital</td><td>$ 12657</td><td>$ 8066</td><td>$ 6813</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 5470</td><td>$ 2220</td><td>$ 2535</td></tr></table> as of september 29 , 2007 , the company had $ 15.4 billion in cash , cash equivalents , and short-term investments , an increase of $ 5.3 billion over the same balance at the end of september 30 , 2006 . the principal components of this net increase were cash generated by operating activities of $ 5.5 billion , proceeds from the issuance of common stock under stock plans of $ 365 million and excess tax benefits from stock-based compensation of $ 377 million . these increases were partially offset by payments for acquisitions of property , plant , and equipment of $ 735 million and payments for acquisitions of intangible assets of $ 251 million . the company 2019s short-term investment portfolio is primarily invested in highly rated , liquid investments . as of september 29 , 2007 and september 30 , 2006 , $ 6.5 billion and $ 4.1 billion , respectively , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . the company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months. .\nQuestion: what was the inventory value as of 9/29/07?\nAnswer: 346.0\nQuestion: and for 9/30/06?\nAnswer: 270.0\nQuestion: so what was the difference in value during these years?\n"
},
{
"role": "agent",
"content": "76.0"
}
] |
CONVFINQA10642
|
[
{
"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 when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>balance as of january 1</td><td>$ 24412</td><td>$ 22505</td><td>$ 28520</td></tr><tr><td>3</td><td>current year increases</td><td>8028</td><td>17008</td><td>16219</td></tr><tr><td>4</td><td>write-offs net of recoveries and other</td><td>-12034 ( 12034 )</td><td>-15101 ( 15101 )</td><td>-22234 ( 22234 )</td></tr><tr><td>5</td><td>balance as of december 31</td><td>$ 20406</td><td>$ 24412</td><td>$ 22505</td></tr></table> functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income during the year ended december 31 , 2010 . as a result of the renegotiation of the company 2019s agreements with grupo iusacell , s.a . de c.v . ( 201ciusacell 201d ) , which included , among other changes , converting iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in equity . the change in functional currency from u.s . dollars to mexican pesos gave rise to a decrease in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 33.6 million with an offsetting decrease in accumulated other comprehensive income . the functional currency of the company 2019s other foreign operating subsidiaries is also the respective local currency . all assets and liabilities held by the subsidiaries are translated into u.s . dollars at the exchange rate in effect at the end of the applicable fiscal reporting period . revenues and expenses are translated at the average monthly exchange rates . the cumulative translation effect is included in equity as a component of accumulated other comprehensive income . foreign currency transaction gains and losses are recognized in the consolidated statements of operations and are the result of transactions of a subsidiary being denominated in a currency other than its functional currency . cash and cash equivalents 2014cash and cash equivalents include cash on hand , demand deposits and short-term investments , including money market funds , with remaining maturities of three months or less when acquired , whose cost approximates fair value . restricted cash 2014the company classifies as restricted cash all cash pledged as collateral to secure obligations and all cash whose use is otherwise limited by contractual provisions , including cash on deposit in reserve accounts relating to the commercial mortgage pass-through certificates , series 2007-1 issued in the company 2019s securitization transaction and the secured cellular site revenue notes , series 2010-1 class c , series 2010-2 class c and series 2010-2 class f , assumed by the company as a result of the acquisition of certain legal entities from unison holdings , llc and unison site management ii , l.l.c . ( collectively , 201cunison 201d ) . .\nQuestion: what was the balance as of 12/31/12?\nAnswer: 20406.0\nQuestion: and as of 12/31/11?\nAnswer: 24412.0\nQuestion: and what was the difference between these two values?\nAnswer: -4006.0\nQuestion: and the value for 2011 specifically?\nAnswer: 24412.0\nQuestion: and the percentage change during this time?\n"
},
{
"role": "agent",
"content": "-0.1641"
}
] |
CONVFINQA2836
|
[
{
"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\nliquidity and capital resources the major components of changes in cash flows for 2016 , 2015 and 2014 are discussed in the following paragraphs . the following table summarizes our cash flow from operating activities , investing activities and financing activities for the years ended december 31 , 2016 , 2015 and 2014 ( in millions of dollars ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 1847.8</td><td>$ 1679.7</td><td>$ 1529.8</td></tr><tr><td>3</td><td>net cash used in investing activities</td><td>-961.2 ( 961.2 )</td><td>-1482.8 ( 1482.8 )</td><td>-959.8 ( 959.8 )</td></tr><tr><td>4</td><td>net cash used in financing activities</td><td>-851.2 ( 851.2 )</td><td>-239.7 ( 239.7 )</td><td>-708.1 ( 708.1 )</td></tr></table> cash flows provided by operating activities the most significant items affecting the comparison of our operating cash flows for 2016 and 2015 are summarized below : changes in assets and liabilities , net of effects from business acquisitions and divestitures , decreased our cash flow from operations by $ 205.2 million in 2016 , compared to a decrease of $ 316.7 million in 2015 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 52.3 million during 2016 due to the timing of billings net of collections , compared to a $ 15.7 million increase in 2015 . as of december 31 , 2016 and 2015 , our days sales outstanding were 38.1 and 38.3 days , or 26.1 and 25.8 days net of deferred revenue , respectively . 2022 our accounts payable decreased $ 9.8 million during 2016 compared to an increase of $ 35.6 million during 2015 , due to the timing of payments . 2022 cash paid for capping , closure and post-closure obligations was $ 11.0 million lower during 2016 compared to 2015 . the decrease in cash paid for capping , closure , and post-closure obligations is primarily due to payments in 2015 related to a required capping event at one of our closed landfills . 2022 cash paid for remediation obligations was $ 13.2 million lower during 2016 compared to 2015 primarily due to the timing of obligations . in addition , cash paid for income taxes was approximately $ 265 million and $ 321 million for 2016 and 2015 , respectively . income taxes paid in 2016 and 2015 reflect the favorable tax depreciation provisions of the protecting americans from tax hikes act signed into law in december 2015 as well as the realization of certain tax credits . cash paid for interest was $ 330.2 million and $ 327.6 million for 2016 and 2015 , respectively . the most significant items affecting the comparison of our operating cash flows for 2015 and 2014 are summarized below : changes in assets and liabilities , net of effects of business acquisitions and divestitures , decreased our cash flow from operations by $ 316.7 million in 2015 , compared to a decrease of $ 295.6 million in 2014 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 15.7 million during 2015 due to the timing of billings , net of collections , compared to a $ 54.3 million increase in 2014 . as of december 31 , 2015 and 2014 , our days sales outstanding were 38 days , or 26 and 25 days net of deferred revenue , respectively . 2022 our accounts payable increased $ 35.6 million and $ 3.3 million during 2015 and 2014 , respectively , due to the timing of payments as of december 31 , 2015. .\nQuestion: what was the net cash from operating activities in 2016?\nAnswer: 1847.8\nQuestion: what was the net cash from investing activities in 2016?\nAnswer: -961.2\nQuestion: what is the sum?\n"
},
{
"role": "agent",
"content": "886.6"
}
] |
CONVFINQA3701
|
[
{
"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 totaled an absolute notional equivalent of $ 292.3 million and $ 190.5 million , respectively , with the year-over-year increase primarily driven by earnings growth . at this time , we do not hedge these long-term investment exposures . we do not use foreign exchange contracts for speculative trading purposes , nor do we hedge our foreign currency exposure in a manner that entirely offsets the effects of changes in foreign exchange rates . we regularly review our hedging program and assess the need to utilize financial instruments to hedge currency exposures on an ongoing basis . cash flow hedging 2014hedges of forecasted foreign currency revenue we may use foreign exchange purchased options or forward contracts to hedge foreign currency revenue denominated in euros , british pounds and japanese yen . we hedge these cash flow exposures to reduce the risk that our earnings and cash flows will be adversely affected by changes in exchange rates . these foreign exchange contracts , carried at fair value , may have maturities between one and twelve months . we enter into these foreign exchange contracts to hedge forecasted revenue in the normal course of business and accordingly , they are not speculative in nature . we record changes in the intrinsic value of these cash flow hedges in accumulated other comprehensive income ( loss ) until the forecasted transaction occurs . when the forecasted transaction occurs , we reclassify the related gain or loss on the cash flow hedge to revenue . in the event the underlying forecasted transaction does not occur , or it becomes probable that it will not occur , we reclassify the gain or loss on the related cash flow hedge from accumulated other comprehensive income ( loss ) to interest and other income , net on our consolidated statements of income at that time . for the fiscal year ended november 30 , 2018 , there were no net gains or losses recognized in other income relating to hedges of forecasted transactions that did not occur . balance sheet hedging 2014hedging of foreign currency assets and liabilities we hedge exposures related to our net recognized foreign currency assets and liabilities with foreign exchange forward contracts to reduce the risk that our earnings and cash flows will be adversely affected by changes in foreign currency exchange rates . these foreign exchange contracts are carried at fair value with changes in the fair value recorded as interest and other income , net . these foreign exchange contracts do not subject us to material balance sheet risk due to exchange rate movements because gains and losses on these contracts are intended to offset gains and losses on the assets and liabilities being hedged . at november 30 , 2018 , the outstanding balance sheet hedging derivatives had maturities of 180 days or less . see note 5 of our notes to consolidated financial statements for information regarding our hedging activities . interest rate risk short-term investments and fixed income securities at november 30 , 2018 , we had debt securities classified as short-term investments of $ 1.59 billion . changes in interest rates could adversely affect the market value of these investments . the following table separates these investments , based on stated maturities , to show the approximate exposure to interest rates ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>due within one year</td><td>$ 612.1</td></tr><tr><td>2</td><td>due between one and two years</td><td>564.2</td></tr><tr><td>3</td><td>due between two and three years</td><td>282.2</td></tr><tr><td>4</td><td>due after three years</td><td>127.7</td></tr><tr><td>5</td><td>total</td><td>$ 1586.2</td></tr></table> a sensitivity analysis was performed on our investment portfolio as of november 30 , 2018 . the analysis is based on an estimate of the hypothetical changes in market value of the portfolio that would result from an immediate parallel shift in the yield curve of various magnitudes. .\nQuestion: what is the sum of the investments due within one and within one and two years?\n"
},
{
"role": "agent",
"content": "1176.3"
}
] |
CONVFINQA3055
|
[
{
"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\ndo so , cme invests such contributions in assets that mirror the assumed investment choices . the balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 38.7 million and $ 31.8 million at december 31 , 2012 and 2011 respectively . although the value of the plans is recorded as an asset in marketable securities in the consolidated balance sheets , there is an equal and offsetting liability . the investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense . supplemental savings plan . cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan . employees in this plan are subject to the vesting requirements of the underlying qualified plans . deferred compensation plan . a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution . comex members 2019 retirement plan and benefits . comex maintains a retirement and benefit plan under the comex members 2019 recognition and retention plan ( mrrp ) . this plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 . no new participants were permitted into the plan after the date of this acquisition . under the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.8 million until it is fully funded . all benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits . total contributions to the plan were $ 0.8 million for each of 2010 through 2012 . at december 31 , 2012 and 2011 , the obligation for the mrrp totaled $ 22.7 million and $ 21.6 million , respectively . assets with a fair value of $ 18.4 million and $ 17.7 million have been allocated to this plan at december 31 , 2012 and 2011 , respectively , and are included in marketable securities and cash and cash equivalents in the consolidated balance sheets . the balances in these plans are subject to the claims of general creditors of comex . 13 . commitments operating leases . cme group has entered into various non-cancellable operating lease agreements , with the most significant being as follows : 2022 in april 2012 , the company sold two buildings in chicago at 141 w . jackson and leased back a portion of the property . the operating lease , which has an initial lease term ending on april 30 , 2027 , contains four consecutive renewal options for five years . 2022 in january 2011 , the company entered into an operating lease for office space in london . the initial lease term , which became effective on january 20 , 2011 , terminates on march 24 , 2026 , with an option to terminate without penalty in january 2021 . 2022 in july 2008 , the company renegotiated the operating lease for its headquarters at 20 south wacker drive in chicago . the lease , which has an initial term ending on november 30 , 2022 , contains two consecutive renewal options for seven and ten years and a contraction option which allows the company to reduce its occupied space after november 30 , 2018 . in addition , the company may exercise a lease expansion option in december 2017 . 2022 in august 2006 , the company entered into an operating lease for additional office space in chicago . the initial lease term , which became effective on august 10 , 2006 , terminates on november 30 , 2023 . the lease contains two 5-year renewal options beginning in 2023 . at december 31 , 2012 , future minimum payments under non-cancellable operating leases were payable as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2013</td><td>$ 28.7</td></tr><tr><td>2</td><td>2014</td><td>29.1</td></tr><tr><td>3</td><td>2015</td><td>28.9</td></tr><tr><td>4</td><td>2016</td><td>28.9</td></tr><tr><td>5</td><td>2017</td><td>29.3</td></tr><tr><td>6</td><td>thereafter</td><td>152.9</td></tr><tr><td>7</td><td>total</td><td>$ 297.8</td></tr></table> .\nQuestion: what was the change in the obligation for the mrrp between 2011 and 2012?\nAnswer: 1.1\nQuestion: and the value specifically for 2011?\nAnswer: 21.6\nQuestion: so what was the change as a percentage of this original value?\n"
},
{
"role": "agent",
"content": "0.05093"
}
] |
CONVFINQA4603
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy arkansas , inc . management's financial discussion and analysis results of operations net income 2004 compared to 2003 net income increased $ 16.2 million due to lower other operation and maintenance expenses , a lower effective income tax rate for 2004 compared to 2003 , and lower interest charges . the increase was partially offset by lower net revenue . 2003 compared to 2002 net income decreased $ 9.6 million due to lower net revenue , higher depreciation and amortization expenses , and a higher effective income tax rate for 2003 compared to 2002 . the decrease was substantially offset by lower other operation and maintenance expenses , higher other income , and lower interest charges . net revenue 2004 compared to 2003 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2004 to 2003. . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in millions )</td></tr><tr><td>2</td><td>2003 net revenue</td><td>$ 998.7</td></tr><tr><td>3</td><td>deferred fuel cost revisions</td><td>-16.9 ( 16.9 )</td></tr><tr><td>4</td><td>other</td><td>-3.4 ( 3.4 )</td></tr><tr><td>5</td><td>2004 net revenue</td><td>$ 978.4</td></tr></table> deferred fuel cost revisions includes the difference between the estimated deferred fuel expense and the actual calculation of recoverable fuel expense , which occurs on an annual basis . deferred fuel cost revisions decreased net revenue due to a revised estimate of fuel costs filed for recovery at entergy arkansas in the march 2004 energy cost recovery rider , which reduced net revenue by $ 11.5 million . the remainder of the variance is due to the 2002 energy cost recovery true-up , made in the first quarter of 2003 , which increased net revenue in 2003 . gross operating revenues , fuel and purchased power expenses , and other regulatory credits gross operating revenues increased primarily due to : 2022 an increase of $ 20.7 million in fuel cost recovery revenues due to an increase in the energy cost recovery rider effective april 2004 ( fuel cost recovery revenues are discussed in note 2 to the domestic utility companies and system energy financial statements ) ; 2022 an increase of $ 15.5 million in grand gulf revenues due to an increase in the grand gulf rider effective january 2004 ; 2022 an increase of $ 13.9 million in gross wholesale revenue primarily due to increased sales to affiliated systems ; 2022 an increase of $ 9.5 million due to volume/weather primarily resulting from increased usage during the unbilled sales period , partially offset by the effect of milder weather on billed sales in 2004. .\nQuestion: what was the net revenue in 2004?\n"
},
{
"role": "agent",
"content": "998.7"
}
] |
CONVFINQA5051
|
[
{
"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?\n"
},
{
"role": "agent",
"content": "825.0"
}
] |
CONVFINQA924
|
[
{
"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\n56 / 57 management 2019s discussion and analysis of financial condition and results of operations junior subordinate deferrable interest debentures in june 2005 , we issued $ 100.0 a0million of trust preferred securities , which are reflected on the balance sheet as junior subordinate deferrable interest debentures . the proceeds were used to repay our revolving credit facility . the $ 100.0 a0million of junior subordi- nate deferrable interest debentures have a 30-year term ending july 2035 . they bear interest at a fixed rate of 5.61% ( 5.61 % ) for the first 10 years ending july 2015 . thereafter , the rate will float at three month libor plus 1.25% ( 1.25 % ) . the securities are redeemable at par . restrictive covenants the terms of the 2011 revolving credit facility and certain of our senior unsecured notes include certain restrictions and covenants which may limit , among other things , our ability to pay dividends ( as discussed below ) , make certain types of investments , incur additional indebtedness , incur liens and enter into negative pledge agreements and the disposition of assets , and which require compliance with financial ratios including our minimum tangible net worth , a maximum ratio of total indebtedness to total asset value , a minimum ratio of ebitda to fixed charges and a maximum ratio of unsecured indebtedness to unencumbered asset value . the dividend restriction referred to above provides that we will not during any time when we are in default , make distributions with respect to common stock or other equity interests , except to enable us to continue to qualify as a reit for federal income tax purposes . as of december a031 , 2011 and 2010 , we were in compli- ance with all such covenants . market rate risk we are exposed to changes in interest rates primarily from our floating rate borrowing arrangements . we use interest rate deriv- ative instruments to manage exposure to interest rate changes . a a0hypothetical 100 a0basis point increase in interest rates along the entire interest rate curve for 2011 and 2010 , would increase our annual interest cost by approximately $ 12.3 a0million and $ 11.0 a0mil- lion and would increase our share of joint venture annual interest cost by approximately $ 4.8 a0million and $ 6.7 a0million , respectively . we recognize all derivatives on the balance sheet at fair value . derivatives that are not hedges must be adjusted to fair value through income . if a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recognized in other comprehensive income until the hedged item is recognized in earnings . the ineffective portion of a derivative 2019s change in fair value is recognized immediately in earnings . approximately $ 4.8 a0billion of our long- term debt bore interest a0at fixed rates , and therefore the fair value of these instru- ments is affected by changes in the market interest rates . the interest rate on our variable rate debt and joint venture debt as of december a031 , 2011 ranged from libor plus 150 a0basis points to libor plus 350 a0basis points . contractual obligations combined aggregate principal maturities of mortgages and other loans payable , our 2011 revolving credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as- of-right extension options , estimated interest expense ( based on weighted average interest rates for the quarter ) , and our obligations under our capital lease and ground leases , as of december a031 , 2011 are as follows ( in thousands ) : . <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>thereafter</td><td>total</td></tr><tr><td>2</td><td>property mortgages</td><td>$ 52443</td><td>$ 568649</td><td>$ 647776</td><td>$ 270382</td><td>$ 556400</td><td>$ 2278190</td><td>$ 4373840</td></tr><tr><td>3</td><td>revolving credit facility</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>350000</td><td>2014</td><td>350000</td></tr><tr><td>4</td><td>trust preferred securities</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>100000</td><td>100000</td></tr><tr><td>5</td><td>senior unsecured notes</td><td>119423</td><td>2014</td><td>98578</td><td>657</td><td>274804</td><td>777194</td><td>1270656</td></tr><tr><td>6</td><td>capital lease</td><td>1555</td><td>1555</td><td>1555</td><td>1592</td><td>1707</td><td>42351</td><td>50315</td></tr><tr><td>7</td><td>ground leases</td><td>33429</td><td>33429</td><td>33429</td><td>33429</td><td>33533</td><td>615450</td><td>782699</td></tr><tr><td>8</td><td>estimated interest expense</td><td>312672</td><td>309280</td><td>269286</td><td>244709</td><td>212328</td><td>470359</td><td>1818634</td></tr><tr><td>9</td><td>joint venture debt</td><td>176457</td><td>93683</td><td>123983</td><td>102476</td><td>527814</td><td>800102</td><td>1824515</td></tr><tr><td>10</td><td>total</td><td>$ 695979</td><td>$ 1006596</td><td>$ 1174607</td><td>$ 653245</td><td>$ 1956586</td><td>$ 5083646</td><td>$ 10570659</td></tr></table> .\nQuestion: what is the sum of the joint venture income costs increased over 2010 and 2011?\nAnswer: 23.3\nQuestion: what is the average cost per year?\n"
},
{
"role": "agent",
"content": "11.65"
}
] |
CONVFINQA3638
|
[
{
"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 graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite index . the graph assumes that the value of the investment in our common stock , and in each index ( including reinvestment of dividends ) was $ 100 on december 28 , 2002 and tracks it through december 29 , 2007 . comparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc . nasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends . indexes calculated on month-end basis . copyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/28/02</td><td>1/3/04</td><td>1/1/05</td><td>12/31/05</td><td>12/30/06</td><td>12/29/07</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>149.92</td><td>113.38</td><td>138.92</td><td>147.04</td><td>139.82</td></tr><tr><td>3</td><td>s & p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>nasdaq composite</td><td>100.00</td><td>149.75</td><td>164.64</td><td>168.60</td><td>187.83</td><td>205.22</td></tr><tr><td>5</td><td>s & p information technology</td><td>100.00</td><td>147.23</td><td>150.99</td><td>152.49</td><td>165.32</td><td>192.28</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance .\nQuestion: what was the change in value of the s&p500 from 2006 to 2007?\nAnswer: 9.53\nQuestion: how much does that change represent in relation to the value of that stock in 2006?\n"
},
{
"role": "agent",
"content": "0.05498"
}
] |
CONVFINQA1176
|
[
{
"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\namount of commitment expiration per period other commercial commitments after millions total 2013 2014 2015 2016 2017 2017 . <table class='wikitable'><tr><td>1</td><td>other commercial commitmentsmillions</td><td>total</td><td>amount of commitment expiration per period 2013</td><td>amount of commitment expiration per period 2014</td><td>amount of commitment expiration per period 2015</td><td>amount of commitment expiration per period 2016</td><td>amount of commitment expiration per period 2017</td><td>amount of commitment expiration per period after 2017</td></tr><tr><td>2</td><td>credit facilities [a]</td><td>$ 1800</td><td>$ -</td><td>$ -</td><td>$ 1800</td><td>$ -</td><td>$ -</td><td>$ -</td></tr><tr><td>3</td><td>receivables securitization facility [b]</td><td>600</td><td>600</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>4</td><td>guarantees [c]</td><td>307</td><td>8</td><td>214</td><td>12</td><td>30</td><td>10</td><td>33</td></tr><tr><td>5</td><td>standby letters of credit [d]</td><td>25</td><td>24</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>6</td><td>total commercialcommitments</td><td>$ 2732</td><td>$ 632</td><td>$ 215</td><td>$ 1812</td><td>$ 30</td><td>$ 10</td><td>$ 33</td></tr></table> [a] none of the credit facility was used as of december 31 , 2012 . [b] $ 100 million of the receivables securitization facility was utilized at december 31 , 2012 , which is accounted for as debt . the full program matures in july 2013 . [c] includes guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations . [d] none of the letters of credit were drawn upon as of december 31 , 2012 . off-balance sheet arrangements guarantees 2013 at december 31 , 2012 , we were contingently liable for $ 307 million in guarantees . we have recorded a liability of $ 2 million for the fair value of these obligations as of december 31 , 2012 and 2011 . we entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations . the final guarantee expires in 2022 . we are not aware of any existing event of default that would require us to satisfy these guarantees . we do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity . other matters labor agreements 2013 approximately 86% ( 86 % ) of our 45928 full-time-equivalent employees are represented by 14 major rail unions . during the year , we concluded the most recent round of negotiations , which began in 2010 , with the ratification of new agreements by several unions that continued negotiating into 2012 . all of the unions executed similar multi-year agreements that provide for higher employee cost sharing of employee health and welfare benefits and higher wages . the current agreements will remain in effect until renegotiated under provisions of the railway labor act . the next round of negotiations will begin in early 2015 . inflation 2013 long periods of inflation significantly increase asset replacement costs for capital-intensive companies . as a result , assuming that we replace all operating assets at current price levels , depreciation charges ( on an inflation-adjusted basis ) would be substantially greater than historically reported amounts . derivative financial instruments 2013 we may use derivative financial instruments in limited instances to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk-management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2012 and 2011 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities. .\nQuestion: what is the value of total commercial commitments?\nAnswer: 2732.0\nQuestion: what about the value of utilizes receivables securitization facility during 2012?\nAnswer: 100.0\nQuestion: if receivables securitization facility is excluded what would be the total commercial commitments?\nAnswer: 2632.0\nQuestion: what is the value of standby letter of credit commitments expiring in 12 months?\n"
},
{
"role": "agent",
"content": "24.0"
}
] |
CONVFINQA1310
|
[
{
"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 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.everestre.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 . for the year ended december 31 , 2008 , we incurred $ 695.8 million of realized investment gains and $ 310.4 million of unrealized investment losses . although financial markets significantly improved during 2009 and 2010 , they could deteriorate in the future and again result in substantial realized and unrealized losses , which 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>2010</td><td>$ 571.1</td></tr><tr><td>4</td><td>2009</td><td>67.4</td></tr><tr><td>5</td><td>2008</td><td>364.3</td></tr><tr><td>6</td><td>2007</td><td>160.0</td></tr><tr><td>7</td><td>2006</td><td>287.9</td></tr></table> .\nQuestion: what was the ratio of the realized investment gains to the unrealized investment losses in 2008?\nAnswer: 2.24162\nQuestion: what would be the net value of investment gains if all unrealized losses were realized in 2008?\n"
},
{
"role": "agent",
"content": "385.4"
}
] |
CONVFINQA99
|
[
{
"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 at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) . <table class='wikitable'><tr><td>1</td><td>2008</td><td>$ 317</td></tr><tr><td>2</td><td>2009</td><td>275</td></tr><tr><td>3</td><td>2010</td><td>236</td></tr><tr><td>4</td><td>2011</td><td>214</td></tr><tr><td>5</td><td>2012</td><td>191</td></tr><tr><td>6</td><td>later years</td><td>597</td></tr><tr><td>7</td><td>total minimum payments required</td><td>$ 1830</td></tr></table> aon corporation .\nQuestion: what is the difference in value of future minimum rent payments from 2008 to 2009?\nAnswer: -42.0\nQuestion: what is the value of future minimum rent payments in 2008?\n"
},
{
"role": "agent",
"content": "317.0"
}
] |
CONVFINQA1103
|
[
{
"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\nsupplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire year in 2015 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>net sales</td><td>$ 45366</td></tr><tr><td>2</td><td>net earnings</td><td>3534</td></tr><tr><td>3</td><td>basic earnings per common share</td><td>11.39</td></tr><tr><td>4</td><td>diluted earnings per common share</td><td>11.23</td></tr></table> the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorskywith pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2015 . significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition . these adjustments assume the application of fair value adjustments to intangibles and the debt issuance occurred on january 1 , 2015 and are approximated as follows : amortization expense of $ 125million and interest expense of $ 40million . in addition , significant nonrecurring adjustments include the elimination of a $ 72million pension curtailment loss , net of tax , recognized in 2015 and the elimination of a $ 58 million income tax charge related to historic earnings of foreign subsidiaries recognized by sikorsky in 2015 . the unaudited supplemental pro forma financial information also reflects an increase in interest expense , net of tax , of approximately $ 110 million in 2015 . the increase in interest expense is the result of assuming the november 2015 notes were issued on january 1 , 2015 . proceeds of the november 2015 notes were used to repay all outstanding borrowings under the 364- day facility used to finance a portion of the purchase price of sikorsky , as contemplated at the date of acquisition . the unaudited supplemental pro forma financial information does not reflect the realization of any expected ongoing cost or revenue synergies relating to the integration of the two companies . further , the pro forma data should not be considered indicative of the results that would have occurred if the acquisition , related financing and associated notes issuance and repayment of the 364-day facility had been consummated on january 1 , 2015 , nor are they indicative of future results . consolidation of awemanagement limited on august 24 , 2016 , we increased our ownership interest in the awe joint venture , which operates the united kingdom 2019s nuclear deterrent program , from 33% ( 33 % ) to 51% ( 51 % ) . at which time , we began consolidating awe . consequently , our operating results include 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit . prior to increasing our ownership interest , we accounted for our investment inawe using the equity method of accounting . under the equity method , we recognized only 33% ( 33 % ) ofawe 2019s earnings or losses and no sales.accordingly , prior toaugust 24 , 2016 , the date we obtained control , we recorded 33%ofawe 2019s net earnings in our operating results and subsequent to august 24 , 2016 , we recognized 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit . we accounted for this transaction as a 201cstep acquisition 201d ( as defined by u.s . gaap ) , which requires us to consolidate and record the assets and liabilities ofawe at fair value.accordingly , we recorded intangible assets of $ 243million related to customer relationships , $ 32 million of net liabilities , and noncontrolling interests of $ 107 million . the intangible assets are being amortized over a period of eight years in accordance with the underlying pattern of economic benefit reflected by the future net cash flows . in 2016we recognized a non-cash net gain of $ 104million associatedwith obtaining a controlling interest inawewhich consisted of a $ 127 million pretax gain recognized in the operating results of our space business segment and $ 23 million of tax-related items at our corporate office . the gain represents the fair value of our 51% ( 51 % ) interest inawe , less the carrying value of our previously held investment inawe and deferred taxes . the gainwas recorded in other income , net on our consolidated statements of earnings . the fair value ofawe ( including the intangible assets ) , our controlling interest , and the noncontrolling interests were determined using the income approach . divestiture of the information systems & global solutions business onaugust 16 , 2016wedivested our former is&gsbusinesswhichmergedwithleidos , in areversemorristrust transactionrr ( the 201ctransaction 201d ) . the transaction was completed in a multi-step process pursuant to which we initially contributed the is&gs business to abacus innovations corporation ( abacus ) , a wholly owned subsidiary of lockheed martin created to facilitate the transaction , and the common stock ofabacus was distributed to participating lockheedmartin stockholders through an exchange offer . under the terms of the exchange offer , lockheedmartin stockholders had the option to exchange shares of lockheedmartin common stock for shares of abacus common stock . at the conclusion of the exchange offer , all shares of abacus common stock were exchanged for 9369694 shares of lockheed martin common stock held by lockheed martin stockholders that elected to participate in the exchange.the shares of lockheedmartin common stock thatwere exchanged and acceptedwere retired , reducing the number of shares of our common stock outstanding by approximately 3% ( 3 % ) . following the exchange offer , abacus merged with .\nQuestion: what is the net earnings in 2015?\nAnswer: 3534.0\nQuestion: what about the total sales?\nAnswer: 45366.0\nQuestion: what net margin does this represent?\n"
},
{
"role": "agent",
"content": "0.0779"
}
] |
CONVFINQA75
|
[
{
"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\nvalue , which may be maturity , the company does not consider these investments to be other-than-temporarily impaired as of december 31 , 2005 and 2004 . gross realized gains and losses for 2005 were $ 15000 and $ 75000 , respectively . gross realized gains and losses for 2004 were $ 628000 and $ 205000 , respectively . gross realized gains for 2003 were $ 1249000 . there were no gross realized losses for 2003 . maturities stated are effective maturities . f . restricted cash at december 31 , 2005 and 2004 , the company held $ 41482000 and $ 49847000 , respectively , in restricted cash . at december 31 , 2005 and 2004 the balance was held in deposit with certain banks predominantly to collateralize conditional stand-by letters of credit in the names of the company's landlords pursuant to certain operating lease agreements . g . property and equipment property and equipment consist of the following at december 31 ( in thousands ) : depreciation expense for the years ended december 31 , 2005 , 2004 and 2003 was $ 26307000 , $ 28353000 and $ 27988000 respectively . in 2005 and 2004 , the company wrote off certain assets that were fully depreciated and no longer utilized . there was no effect on the company's net property and equipment . additionally , the company wrote off or sold certain assets that were not fully depreciated . the net loss on disposal of those assets was $ 344000 for 2005 and $ 43000 for 2004 . h . investments in accordance with the company's policy , as outlined in note b , \"accounting policies\" the company assessed its investment in altus pharmaceuticals , inc . ( \"altus\" ) , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment which would indicate a decrease in its fair value below the carrying value that would require the company to write down the investment basis of the asset , as of december 31 , 2005 and december 31 , 2004 . the company's cost basis carrying value in its outstanding equity and warrants of altus was $ 18863000 at december 31 , 2005 and 2004. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>furniture and equipment</td><td>$ 98387</td><td>$ 90893</td></tr><tr><td>3</td><td>leasehold improvements</td><td>66318</td><td>65294</td></tr><tr><td>4</td><td>computers</td><td>18971</td><td>18421</td></tr><tr><td>5</td><td>software</td><td>18683</td><td>16411</td></tr><tr><td>6</td><td>total property and equipment gross</td><td>202359</td><td>191019</td></tr><tr><td>7</td><td>less accumulated depreciation and amortization</td><td>147826</td><td>126794</td></tr><tr><td>8</td><td>total property and equipment net</td><td>$ 54533</td><td>$ 64225</td></tr></table> .\nQuestion: what was the net loss on disposal of assets in 2005?\nAnswer: 344000.0\nQuestion: what was the value in 2004?\nAnswer: 43000.0\nQuestion: what was the change in value?\n"
},
{
"role": "agent",
"content": "301000.0"
}
] |
CONVFINQA3593
|
[
{
"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\ncgmhi also has substantial borrowing arrangements consisting of facilities that cgmhi has been advised are available , but where no contractual lending obligation exists . these arrangements are reviewed on an ongoing basis to ensure flexibility in meeting cgmhi 2019s short-term requirements . the company issues both fixed and variable rate debt in a range of currencies . it uses derivative contracts , primarily interest rate swaps , to effectively convert a portion of its fixed rate debt to variable rate debt and variable rate debt to fixed rate debt . the maturity structure of the derivatives generally corresponds to the maturity structure of the debt being hedged . in addition , the company uses other derivative contracts to manage the foreign exchange impact of certain debt issuances . at december 31 , 2009 , the company 2019s overall weighted average interest rate for long-term debt was 3.51% ( 3.51 % ) on a contractual basis and 3.91% ( 3.91 % ) including the effects of derivative contracts . aggregate annual maturities of long-term debt obligations ( based on final maturity dates ) including trust preferred securities are as follows: . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>thereafter</td></tr><tr><td>2</td><td>citigroup parent company</td><td>$ 18030</td><td>$ 20435</td><td>$ 29706</td><td>$ 17775</td><td>$ 18916</td><td>$ 92942</td></tr><tr><td>3</td><td>other citigroup subsidiaries</td><td>18710</td><td>29316</td><td>17214</td><td>5177</td><td>12202</td><td>14675</td></tr><tr><td>4</td><td>citigroup global markets holdings inc .</td><td>1315</td><td>1030</td><td>1686</td><td>388</td><td>522</td><td>8481</td></tr><tr><td>5</td><td>citigroup funding inc .</td><td>9107</td><td>8875</td><td>20738</td><td>4792</td><td>3255</td><td>8732</td></tr><tr><td>6</td><td>total</td><td>$ 47162</td><td>$ 59656</td><td>$ 69344</td><td>$ 28132</td><td>$ 34895</td><td>$ 124830</td></tr></table> long-term debt at december 31 , 2009 and december 31 , 2008 includes $ 19345 million and $ 24060 million , respectively , of junior subordinated debt . the company formed statutory business trusts under the laws of the state of delaware . the trusts exist for the exclusive purposes of ( i ) issuing trust securities representing undivided beneficial interests in the assets of the trust ; ( ii ) investing the gross proceeds of the trust securities in junior subordinated deferrable interest debentures ( subordinated debentures ) of its parent ; and ( iii ) engaging in only those activities necessary or incidental thereto . upon approval from the federal reserve , citigroup has the right to redeem these securities . citigroup has contractually agreed not to redeem or purchase ( i ) the 6.50% ( 6.50 % ) enhanced trust preferred securities of citigroup capital xv before september 15 , 2056 , ( ii ) the 6.45% ( 6.45 % ) enhanced trust preferred securities of citigroup capital xvi before december 31 , 2046 , ( iii ) the 6.35% ( 6.35 % ) enhanced trust preferred securities of citigroup capital xvii before march 15 , 2057 , ( iv ) the 6.829% ( 6.829 % ) fixed rate/floating rate enhanced trust preferred securities of citigroup capital xviii before june 28 , 2047 , ( v ) the 7.250% ( 7.250 % ) enhanced trust preferred securities of citigroup capital xix before august 15 , 2047 , ( vi ) the 7.875% ( 7.875 % ) enhanced trust preferred securities of citigroup capital xx before december 15 , 2067 , and ( vii ) the 8.300% ( 8.300 % ) fixed rate/floating rate enhanced trust preferred securities of citigroup capital xxi before december 21 , 2067 , unless certain conditions , described in exhibit 4.03 to citigroup 2019s current report on form 8-k filed on september 18 , 2006 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on november 28 , 2006 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on march 8 , 2007 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on july 2 , 2007 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on august 17 , 2007 , in exhibit 4.2 to citigroup 2019s current report on form 8-k filed on november 27 , 2007 , and in exhibit 4.2 to citigroup 2019s current report on form 8-k filed on december 21 , 2007 , respectively , are met . these agreements are for the benefit of the holders of citigroup 2019s 6.00% ( 6.00 % ) junior subordinated deferrable interest debentures due 2034 . citigroup owns all of the voting securities of these subsidiary trusts . these subsidiary trusts have no assets , operations , revenues or cash flows other than those related to the issuance , administration , and repayment of the subsidiary trusts and the subsidiary trusts 2019 common securities . these subsidiary trusts 2019 obligations are fully and unconditionally guaranteed by citigroup. .\nQuestion: what was value of aggregate annual maturities of long-term debt obligations for the citigroup parent company in 2011?\n"
},
{
"role": "agent",
"content": "20435.0"
}
] |
CONVFINQA4674
|
[
{
"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\nhost hotels & resorts , inc. , host hotels & resorts , l.p. , and subsidiaries notes to consolidated financial statements 2014 ( continued ) cash paid for income taxes , net of refunds received , was $ 40 million , $ 15 million , and $ 9 million in 2017 , 2016 , and 2015 , respectively . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 11</td><td>$ 11</td></tr><tr><td>3</td><td>balance at december 31</td><td>$ 11</td><td>$ 11</td></tr></table> all of such uncertain tax position amounts , if recognized , would impact our reconciliation between the income tax provision calculated at the statutory u.s . federal income tax rate of 35% ( 35 % ) ( 21% ( 21 % ) beginning with calendar year 2018 ) and the actual income tax provision recorded each year . as of december 31 , 2017 , the tax years that remain subject to examination by major tax jurisdictions generally include 2014-2017 . there were no material interest or penalties recorded for the years ended december 31 , 2017 , 2016 , and 2015 . 7 . leases taxable reit subsidiaries leases we lease substantially all of our hotels to a wholly owned subsidiary that qualifies as a taxable reit subsidiary due to federal income tax restrictions on a reit 2019s ability to derive revenue directly from the operation and management of a hotel . ground leases as of december 31 , 2017 , all or a portion of 26 of our hotels are subject to ground leases , generally with multiple renewal options , all of which are accounted for as operating leases . for lease agreements with scheduled rent increases , we recognize the lease expense ratably over the term of the lease . certain of these leases contain provisions for the payment of contingent rentals based on a percentage of sales in excess of stipulated amounts . other lease information we also have leases on facilities used in our former restaurant business , all of which we subsequently subleased . these leases and subleases contain one or more renewal options , generally for five- or ten-year periods . the restaurant leases are accounted for as operating leases . our contingent liability related to these leases is $ 9 million as of december 31 , 2017 . we , however , consider the likelihood of any material funding related to these leases to be remote . our leasing activity also includes those entered into by our hotels for various types of equipment , such as computer equipment , vehicles and telephone systems . equipment leases are accounted for either as operating or capital leases , depending upon the characteristics of the particular lease arrangement . equipment leases that are characterized as capital leases are classified as furniture and equipment and are depreciated over the life of the lease . the amortization expense applicable to capitalized leases is included in depreciation expense. .\nQuestion: what was the change in total cash paid for income taxes, net of refunds from 2015 to 2016, in millions?\n"
},
{
"role": "agent",
"content": "6.0"
}
] |
CONVFINQA4421
|
[
{
"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\naeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles and related technologies . aeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , c-130 hercules , f-16 fighting falcon , c-5m super galaxy and f-22 raptor . aeronautics 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 15570</td><td>$ 14920</td><td>$ 14123</td></tr><tr><td>3</td><td>operating profit</td><td>1681</td><td>1649</td><td>1612</td></tr><tr><td>4</td><td>operating margins</td><td>10.8% ( 10.8 % )</td><td>11.1% ( 11.1 % )</td><td>11.4% ( 11.4 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 31800</td><td>$ 27600</td><td>$ 28000</td></tr></table> 2015 compared to 2014 aeronautics 2019 net sales in 2015 increased $ 650 million , or 4% ( 4 % ) , compared to 2014 . the increase was attributable to higher net sales of approximately $ 1.4 billion for f-35 production contracts due to increased volume on aircraft production and sustainment activities ; and approximately $ 150 million for the c-5 program due to increased deliveries ( nine aircraft delivered in 2015 compared to seven delivered in 2014 ) . the increases were partially offset by lower net sales of approximately $ 350 million for the c-130 program due to fewer aircraft deliveries ( 21 aircraft delivered in 2015 , compared to 24 delivered in 2014 ) , lower sustainment activities and aircraft contract mix ; approximately $ 200 million due to decreased volume and lower risk retirements on various programs ; approximately $ 195 million for the f-16 program due to fewer deliveries ( 11 aircraft delivered in 2015 , compared to 17 delivered in 2014 ) ; and approximately $ 190 million for the f-22 program as a result of decreased sustainment activities . aeronautics 2019 operating profit in 2015 increased $ 32 million , or 2% ( 2 % ) , compared to 2014 . operating profit increased by approximately $ 240 million for f-35 production contracts due to increased volume and risk retirements ; and approximately $ 40 million for the c-5 program due to increased risk retirements . these increases were offset by lower operating profit of approximately $ 90 million for the f-22 program due to lower risk retirements ; approximately $ 70 million for the c-130 program as a result of the reasons stated above for lower net sales ; and approximately $ 80 million due to decreased volume and risk retirements on various programs . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 100 million higher in 2015 compared to 2014 . 2014 compared to 2013 aeronautics 2019 net sales increased $ 797 million , or 6% ( 6 % ) , in 2014 as compared to 2013 . the increase was primarily attributable to higher net sales of approximately $ 790 million for f-35 production contracts due to increased volume and sustainment activities ; about $ 55 million for the f-16 program due to increased deliveries ( 17 aircraft delivered in 2014 compared to 13 delivered in 2013 ) partially offset by contract mix ; and approximately $ 45 million for the f-22 program due to increased risk retirements . the increases were partially offset by lower net sales of approximately $ 55 million for the f-35 development contract due to decreased volume , partially offset by the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; and about $ 40 million for the c-130 program due to fewer deliveries ( 24 aircraft delivered in 2014 compared to 25 delivered in 2013 ) and decreased sustainment activities , partially offset by contract mix . aeronautics 2019 operating profit increased $ 37 million , or 2% ( 2 % ) , in 2014 as compared to 2013 . the increase was primarily attributable to higher operating profit of approximately $ 85 million for the f-35 development contract due to the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; about $ 75 million for the f-22 program due to increased risk retirements ; approximately $ 50 million for the c-130 program due to increased risk retirements and contract mix , partially offset by fewer deliveries ; and about $ 25 million for the c-5 program due to the absence in 2014 of the downward revisions to the profit booking rate that occurred in 2013 . the increases were partially offset by lower operating profit of approximately $ 130 million for the f-16 program due to decreased risk retirements , partially offset by increased deliveries ; and about $ 70 million for sustainment activities due to decreased risk retirements and volume . operating profit was comparable for f-35 production contracts as higher volume was offset by lower risk retirements . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 105 million lower for 2014 compared to 2013. .\nQuestion: what was the backlog value at the end of 2015?\nAnswer: 31800.0\nQuestion: what was the backlog value at the end of 2014?\n"
},
{
"role": "agent",
"content": "27600.0"
}
] |
CONVFINQA2787
|
[
{
"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 fair value of performance awards is calculated using the market value of a share of snap-on 2019s common stock on the date of grant . the weighted-average grant date fair value of performance awards granted during 2013 , 2012 and 2011 was $ 77.33 , $ 60.00 and $ 55.97 , respectively . vested performance share units approximated 148000 shares as of 2013 year end , 213000 shares as of 2012 year end and 54208 shares as of 2011 year end . performance share units of 213459 shares were paid out in 2013 and 53990 shares were paid out in 2012 ; no performance share units were paid out in 2011 . earned performance share units are generally paid out following the conclusion of the applicable performance period upon approval by the organization and executive compensation committee of the company 2019s board of directors ( the 201cboard 201d ) . based on the company 2019s 2013 performance , 84413 rsus granted in 2013 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2015 . based on the company 2019s 2012 performance , 95047 rsus granted in 2012 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2014 . based on the company 2019s 2011 performance , 159970 rsus granted in 2011 were earned ; these rsus vested as of fiscal 2013 year end and were paid out shortly thereafter . as a result of employee retirements , a total of 1614 of the rsus earned in 2012 and 2011 vested pursuant to the terms of the related award agreements and the underlying shares were paid out in the third quarter of 2013 . the changes to the company 2019s non-vested performance awards in 2013 are as follows : shares ( in thousands ) fair value price per share* . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares ( in thousands )</td><td>fair valueprice pershare*</td></tr><tr><td>2</td><td>non-vested performance awards at beginning of year</td><td>509</td><td>$ 59.36</td></tr><tr><td>3</td><td>granted</td><td>180</td><td>77.33</td></tr><tr><td>4</td><td>vested</td><td>-306 ( 306 )</td><td>58.94</td></tr><tr><td>5</td><td>cancellations</td><td>-2 ( 2 )</td><td>69.23</td></tr><tr><td>6</td><td>non-vested performance awards at end of year</td><td>381</td><td>68.13</td></tr></table> * weighted-average as of 2013 year end there was approximately $ 12.9 million of unrecognized compensation cost related to non-vested performance awards that is expected to be recognized as a charge to earnings over a weighted-average period of 1.6 years . stock appreciation rights ( 201csars 201d ) the company also issues cash-settled and stock-settled sars to certain key non-u.s . employees . sars have a contractual term of ten years and vest ratably on the first , second and third anniversaries of the date of grant . sars are granted with an exercise price equal to the market value of a share of snap-on 2019s common stock on the date of grant . cash-settled sars provide for the cash payment of the excess of the fair market value of snap-on 2019s common stock price on the date of exercise over the grant price . cash-settled sars have no effect on dilutive shares or shares outstanding as any appreciation of snap-on 2019s common stock value over the grant price is paid in cash and not in common stock . in 2013 , the company began issuing stock-settled sars that are accounted for as equity instruments and provide for the issuance of snap-on common stock equal to the amount by which the company 2019s stock has appreciated over the exercise price . stock-settled sars have an effect on dilutive shares and shares outstanding as any appreciation of snap-on 2019s common stock value over the exercise price will be settled in shares of common stock . 2013 annual report 101 .\nQuestion: what was the change in value of non-vested performance awards during the year?\nAnswer: -128.0\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "-0.25147"
}
] |
CONVFINQA3990
|
[
{
"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 weighted average grant date fair value of options granted during 2012 , 2011 , and 2010 was $ 13 , $ 19 and $ 20 per share , respectively . the total intrinsic value of options exercised during the years ended december 31 , 2012 , 2011 and 2010 , was $ 19.0 million , $ 4.2 million and $ 15.6 million , respectively . in 2012 , the company granted 931340 shares of restricted class a common stock and 4048 shares of restricted stock units . restricted common stock and restricted stock units generally have a vesting period of 2 to 4 years . the fair value related to these grants was $ 54.5 million , which is recognized as compensation expense on an accelerated basis over the vesting period . beginning with restricted stock grants in september 2010 , dividends are accrued on restricted class a common stock and restricted stock units and are paid once the restricted stock vests . in 2012 , the company also granted 138410 performance shares . the fair value related to these grants was $ 7.7 million , which is recognized as compensation expense on an accelerated and straight-lined basis over the vesting period . the vesting of these shares is contingent on meeting stated performance or market conditions . the following table summarizes restricted stock , restricted stock units , and performance shares activity for 2012 : number of shares weighted average grant date fair value outstanding at december 31 , 2011 . . . . . . . . . . . . . . 1432610 $ 57 . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of shares</td><td>weightedaveragegrant datefair value</td></tr><tr><td>2</td><td>outstanding at december 31 2011</td><td>1432610</td><td>$ 57</td></tr><tr><td>3</td><td>granted</td><td>1073798</td><td>54</td></tr><tr><td>4</td><td>vested</td><td>-366388 ( 366388 )</td><td>55</td></tr><tr><td>5</td><td>cancelled</td><td>-226493 ( 226493 )</td><td>63</td></tr><tr><td>6</td><td>outstanding at december 31 2012</td><td>1913527</td><td>54</td></tr></table> outstanding at december 31 , 2012 . . . . . . . . . . . . . . 1913527 54 the total fair value of restricted stock , restricted stock units , and performance shares that vested during the years ended december 31 , 2012 , 2011 and 2010 , was $ 20.9 million , $ 11.6 million and $ 10.3 million , respectively . eligible employees may acquire shares of class a common stock using after-tax payroll deductions made during consecutive offering periods of approximately six months in duration . shares are purchased at the end of each offering period at a price of 90% ( 90 % ) of the closing price of the class a common stock as reported on the nasdaq global select market . compensation expense is recognized on the dates of purchase for the discount from the closing price . in 2012 , 2011 and 2010 , a total of 27768 , 32085 and 21855 shares , respectively , of class a common stock were issued to participating employees . these shares are subject to a six-month holding period . annual expense of $ 0.1 million , $ 0.2 million and $ 0.1 million for the purchase discount was recognized in 2012 , 2011 and 2010 , respectively . non-executive directors receive an annual award of class a common stock with a value equal to $ 75000 . non-executive directors may also elect to receive some or all of the cash portion of their annual stipend , up to $ 25000 , in shares of stock based on the closing price at the date of distribution . as a result , 40260 , 40585 and 37350 shares of class a common stock were issued to non-executive directors during 2012 , 2011 and 2010 , respectively . these shares are not subject to any vesting restrictions . expense of $ 2.2 million , $ 2.1 million and $ 2.4 million related to these stock-based payments was recognized for the years ended december 31 , 2012 , 2011 and 2010 , respectively . 19 . fair value measurements in general , the company uses quoted prices in active markets for identical assets to determine the fair value of marketable securities and equity investments . level 1 assets generally include u.s . treasury securities , equity securities listed in active markets , and investments in publicly traded mutual funds with quoted market prices . if quoted prices are not available to determine fair value , the company uses other inputs that are directly observable . assets included in level 2 generally consist of asset- backed securities , municipal bonds , u.s . government agency securities and interest rate swap contracts . asset-backed securities , municipal bonds and u.s . government agency securities were measured at fair value based on matrix pricing using prices of similar securities with similar inputs such as maturity dates , interest rates and credit ratings . the company determined the fair value of its interest rate swap contracts using standard valuation models with market-based observable inputs including forward and spot exchange rates and interest rate curves. .\nQuestion: what was the total value of outstanding balance in 2011?\nAnswer: 81658770.0\nQuestion: what was the number of shares in 2012?\nAnswer: 1913527.0\nQuestion: and what was the weighted average grant date fair value of each of these shares?\nAnswer: 54.0\nQuestion: what was, then, the total value of those shares, or the total value of outstanding balance?\nAnswer: 103330458.0\nQuestion: and what is, then, the change in this total value of outstanding balance form 2011 to 2012?\n"
},
{
"role": "agent",
"content": "21671688.0"
}
] |
CONVFINQA10243
|
[
{
"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\nhollyfrontier corporation notes to consolidated financial statements continued . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>2018</td><td>$ 148716</td></tr><tr><td>3</td><td>2019</td><td>132547</td></tr><tr><td>4</td><td>2020</td><td>119639</td></tr><tr><td>5</td><td>2021</td><td>107400</td></tr><tr><td>6</td><td>2022</td><td>102884</td></tr><tr><td>7</td><td>thereafter</td><td>857454</td></tr><tr><td>8</td><td>total</td><td>$ 1468640</td></tr></table> transportation and storage costs incurred under these agreements totaled $ 140.5 million , $ 135.1 million and $ 137.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . these amounts do not include contractual commitments under our long-term transportation agreements with hep , as all transactions with hep are eliminated in these consolidated financial statements . we have a crude oil supply contract that requires the supplier to deliver a specified volume of crude oil or pay a shortfall fee for the difference in the actual barrels delivered to us less the specified barrels per the supply contract . for the contract year ended august 31 , 2017 , the actual number of barrels delivered to us was substantially less than the specified barrels , and we recorded a reduction to cost of goods sold and accumulated a shortfall fee receivable of $ 26.0 million during this period . in september 2017 , the supplier notified us they are disputing the shortfall fee owed and in october 2017 notified us of their demand for arbitration . we offset the receivable with payments of invoices for deliveries of crude oil received subsequent to august 31 , 2017 , which is permitted under the supply contract . we believe the disputes and claims made by the supplier are without merit . in march , 2006 , a subsidiary of ours sold the assets of montana refining company under an asset purchase agreement ( 201capa 201d ) . calumet montana refining llc , the current owner of the assets , has submitted requests for reimbursement of approximately $ 20.0 million pursuant to contractual indemnity provisions under the apa for various costs incurred , as well as additional claims related to environmental matters . we have rejected most of the claims for payment , and this matter is scheduled for arbitration beginning in july 2018 . we have accrued the costs we believe are owed pursuant to the apa , and we estimate that any reasonably possible losses beyond the amounts accrued are not material . note 20 : segment information effective fourth quarter of 2017 , we revised our reportable segments to align with certain changes in how our chief operating decision maker manages and allocates resources to our business . accordingly , our tulsa refineries 2019 lubricants operations , previously reported in the refining segment , are now combined with the operations of our petro-canada lubricants business ( acquired february 1 , 2017 ) and reported in the lubricants and specialty products segment . our prior period segment information has been retrospectively adjusted to reflect our current segment presentation . our operations are organized into three reportable segments , refining , lubricants and specialty products and hep . our operations that are not included in the refining , lubricants and specialty products and hep segments are included in corporate and other . intersegment transactions are eliminated in our consolidated financial statements and are included in eliminations . corporate and other and eliminations are aggregated and presented under corporate , other and eliminations column . the refining segment represents the operations of the el dorado , tulsa , navajo , cheyenne and woods cross refineries and hfc asphalt ( aggregated as a reportable segment ) . refining activities involve the purchase and refining of crude oil and wholesale and branded marketing of refined products , such as gasoline , diesel fuel and jet fuel . these petroleum products are primarily marketed in the mid-continent , southwest and rocky mountain regions of the united states . hfc asphalt operates various asphalt terminals in arizona , new mexico and oklahoma. .\nQuestion: what were the storage costs in 2017, in millions?\nAnswer: 140.5\nQuestion: and what were they in 2016, also in millions?\nAnswer: 135.1\nQuestion: what was, then, in millions, the total storage costs in the two years combined?\nAnswer: 275.6\nQuestion: including 2015, what then becomes that total?\n"
},
{
"role": "agent",
"content": "413.3"
}
] |
CONVFINQA1640
|
[
{
"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\ncompared with $ 6.2 billion in 2013 . operating profits in 2015 were significantly higher than in both 2014 and 2013 . excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 . benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) . in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill . during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses . the net book value of these assets at december 31 , 2013 was approximately $ 470 million . in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets . we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 . operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business . printing papers . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>sales</td><td>$ 5031</td><td>$ 5720</td><td>$ 6205</td></tr><tr><td>3</td><td>operating profit ( loss )</td><td>533</td><td>-16 ( 16 )</td><td>271</td></tr></table> north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 . operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 . sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 . shipments to the domestic market increased , but export shipments declined . average sales price realizations decreased , primarily in the domestic market . input costs were lower , mainly for energy . planned maintenance downtime costs were $ 12 million higher in 2015 . operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill . entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 . average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix . input costs are expected to be stable . planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter . in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p . h . glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules . the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia . in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia . also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal . in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s . market had been injured by imports of the products . accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years . we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements . brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 . operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 . sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events . average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 . margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets . raw material costs increased for energy and wood . operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .\nQuestion: what was the value of north american printer paper net sales in 2014?\n"
},
{
"role": "agent",
"content": "2.1"
}
] |
CONVFINQA6365
|
[
{
"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 change in value for booking holding inc. in 2018, assuming a $100 initial investment?\n"
},
{
"role": "agent",
"content": "48.18"
}
] |
CONVFINQA6807
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( 201cnyse 201d ) for the years 2007 and 2006. . <table class='wikitable'><tr><td>1</td><td>2007</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 41.31</td><td>$ 36.63</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>43.84</td><td>37.64</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>45.45</td><td>36.34</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>46.53</td><td>40.08</td></tr><tr><td>6</td><td>2006</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 32.68</td><td>$ 26.66</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>35.75</td><td>27.35</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>36.92</td><td>29.98</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>38.74</td><td>35.21</td></tr></table> on february 29 , 2008 , the closing price of our class a common stock was $ 38.44 per share as reported on the nyse . as of february 29 , 2008 , we had 395748826 outstanding shares of class a common stock and 528 registered holders . 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 ( 201c7.50% ( 201c7.50 % ) notes 201d ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 201c7.125% ( 201c7.125 % ) notes 201d ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . the loan agreement for our revolving credit facility and the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes contain covenants that restrict our ability to pay dividends unless certain financial covenants are satisfied . in addition , while spectrasite and its subsidiaries are classified as unrestricted subsidiaries under the indentures for our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes , certain of spectrasite 2019s subsidiaries are subject to restrictions on the amount of cash that they can distribute to us under the loan agreement related to our securitization . for more information about the restrictions under the loan agreement for the revolving credit facility , our notes indentures and the loan agreement related to the securitization , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 3 to our consolidated financial statements included in this annual report. .\nQuestion: what was the price of common stock at closing on february 29, 2008?\nAnswer: 38.44\nQuestion: what was the high price of the stock in q4 2007?\nAnswer: 46.53\nQuestion: what was the net change in price?\nAnswer: -8.09\nQuestion: what was the high price of the stock in q4 2007?\nAnswer: 46.53\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "-0.17387"
}
] |
CONVFINQA5618
|
[
{
"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 2019s 2017 reported tax rate includes $ 160.9 million of net tax benefits associated with the tax act , $ 6.2 million of net tax benefits on special gains and charges , and net tax benefits of $ 25.3 million associated with discrete tax items . in connection with the company 2019s initial analysis of the impact of the tax act , as noted above , a provisional net discrete tax benefit of $ 160.9 million was recorded in the period ended december 31 , 2017 , which includes $ 321.0 million tax benefit for recording deferred tax assets and liabilities at the u.s . enacted tax rate , and a net expense for the one-time transition tax of $ 160.1 million . while the company was able to make an estimate of the impact of the reduction in the u.s . rate on deferred tax assets and liabilities and the one-time transition tax , it may be affected by other analyses related to the tax act , as indicated above . special ( gains ) and charges represent the tax impact of special ( gains ) and charges , as well as additional tax benefits utilized in anticipation of u.s . tax reform of $ 7.8 million . during 2017 , the company recorded a discrete tax benefit of $ 39.7 million related to excess tax benefits , resulting from the adoption of accounting changes regarding the treatment of tax benefits on share-based compensation . the extent of excess tax benefits is subject to variation in stock price and stock option exercises . in addition , the company recorded net discrete expenses of $ 14.4 million related to recognizing adjustments from filing the 2016 u.s . federal income tax return and international adjustments due to changes in estimates , partially offset by the release of reserves for uncertain tax positions due to the expiration of statute of limitations in state tax matters . during 2016 , the company recognized net expense related to discrete tax items of $ 3.9 million . the net expenses were driven primarily by recognizing adjustments from filing the company 2019s 2015 u.s . federal income tax return , partially offset by settlement of international tax matters and remeasurement of certain deferred tax assets and liabilities resulting from the application of updated tax rates in international jurisdictions . net expense was also impacted by adjustments to deferred tax asset and liability positions and the release of reserves for uncertain tax positions due to the expiration of statute of limitations in non-u.s . jurisdictions . during 2015 , the company recognized net benefits related to discrete tax items of $ 63.3 million . the net benefits were driven primarily by the release of $ 20.6 million of valuation allowances , based on the realizability of foreign deferred tax assets and the ability to recognize a worthless stock deduction of $ 39.0 million for the tax basis in a wholly-owned domestic subsidiary . a reconciliation of the beginning and ending amount of gross liability for unrecognized tax benefits is as follows: . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>balance at beginning of year</td><td>$ 75.9</td><td>$ 74.6</td><td>$ 78.7</td></tr><tr><td>3</td><td>additions based on tax positions related to the current year</td><td>3.2</td><td>8.8</td><td>5.8</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>-</td><td>2.1</td><td>0.9</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-4.9 ( 4.9 )</td><td>-1.0 ( 1.0 )</td><td>-8.8 ( 8.8 )</td></tr><tr><td>6</td><td>reductions for tax positions due to statute of limitations</td><td>-14.0 ( 14.0 )</td><td>-5.5 ( 5.5 )</td><td>-1.6 ( 1.6 )</td></tr><tr><td>7</td><td>settlements</td><td>-10.8 ( 10.8 )</td><td>-2.0 ( 2.0 )</td><td>-4.2 ( 4.2 )</td></tr><tr><td>8</td><td>assumed in connection with acquisitions</td><td>10.0</td><td>-</td><td>8.0</td></tr><tr><td>9</td><td>foreign currency translation</td><td>2.1</td><td>-1.1 ( 1.1 )</td><td>-4.2 ( 4.2 )</td></tr><tr><td>10</td><td>balance at end of year</td><td>$ 61.5</td><td>$ 75.9</td><td>$ 74.6</td></tr></table> the total amount of unrecognized tax benefits , if recognized would have affected the effective tax rate by $ 47.1 million as of december 31 , 2017 , $ 57.5 million as of december 31 , 2016 and $ 59.2 million as of december 31 , 2015 . the company recognizes interest and penalties related to unrecognized tax benefits in its provision for income taxes . during 2017 , 2016 and 2015 the company released $ 0.9 million , $ 2.9 million and $ 1.4 million related to interest and penalties , respectively . the company had $ 9.3 million , $ 10.2 million and $ 13.1 million of accrued interest , including minor amounts for penalties , at december 31 , 2017 , 2016 , and 2015 , respectively. .\nQuestion: what is the amount for settlements in 2017?\nAnswer: 10.8\nQuestion: what about the sum of settlements in 2016 and 2017?\nAnswer: 8.8\nQuestion: what is the impact in effective rate if total amount of unrecognized tax benefits is recognized in 2017?\n"
},
{
"role": "agent",
"content": "47.1"
}
] |
CONVFINQA2125
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7a quantitative and qualitative disclosures about market risk we are exposed to market risk stemming from changes in interest rates , foreign exchange rates , commodity prices and equity prices . changes in these factors could cause fluctuations in our earnings and cash flows . in the normal course of business , we actively manage our exposure to these market risks by entering into various hedging trans- actions , authorized under our policies that place clear controls on these activities . the counterparties in these transactions are generally highly rated institutions . we establish credit limits for each counterparty . our hedging transactions include but are not limited to a variety of deriv- ative financial instruments . interest rates we manage our debt structure and our interest rate risk through the use of fixed- and floating-rate debt and derivatives . we use interest rate swaps and forward-starting interest rate swaps to hedge our exposure to interest rate changes and to reduce volatility of our financing costs . generally under these swaps , we agree with a counterparty to exchange the difference between fixed- rate and floating-rate interest amounts based on an agreed notional principal amount . our primary exposure is to u.s . interest rates . as of may 28 , 2006 , we had $ 7.0 billion of aggregate notional principal amount ( the principal amount on which the fixed or floating interest rate is calculated ) outstanding . this includes notional amounts of offsetting swaps that neutralize our exposure to interest rates on other interest rate swaps . see note six to the consolidated finan- cial statements on pages 40 through 42 in item eight of this report . foreign currency rates foreign currency fluctuations can affect our net investments and earnings denominated in foreign currencies . we primarily use foreign currency forward contracts and option contracts to selectively hedge our cash flow exposure to changes in exchange rates . these contracts function as hedges , since they change in value inversely to the change created in the underlying exposure as foreign exchange rates fluctuate . our primary u.s . dollar exchange rate exposures are with the canadian dollar , the euro , the australian dollar , the mexican peso and the british pound . commodities many commodities we use in the produc- tion and distribution of our products are exposed to market price risks . we manage this market risk through an inte- grated set of financial instruments , including purchase orders , noncancelable contracts , futures contracts , options and swaps . our primary commodity price exposures are to cereal grains , sugar , dairy products , vegetables , fruits , meats , vegetable oils , and other agricultural products , as well as paper and plastic packaging materials , operating supplies and energy . equity instruments equity price movements affect our compensation expense as certain investments owned by our employees are revalued . we use equity swaps to manage this market risk . value at risk these estimates are intended to measure the maximum potential fair value we could lose in one day from adverse changes in market interest rates , foreign exchange rates , commodity prices , or equity prices under normal market conditions . a monte carlo ( var ) method- ology was used to quantify the market risk for our exposures . the models assumed normal market conditions and used a 95 percent confidence level . the var calculation used historical interest rates , foreign exchange rates and commodity and equity prices from the past year to estimate the potential volatility and correlation of these rates in the future . the market data were drawn from the riskmetricstm data set . the calculations are not intended to represent actual losses in fair value that we expect to incur . further , since the hedging instrument ( the derivative ) inversely correlates with the underlying expo- sure , we would expect that any loss or gain in the fair value of our derivatives would be generally offset by an increase or decrease in the fair value of the underlying exposures . the positions included in the calculations were : debt ; invest- ments ; interest rate swaps ; foreign exchange forwards ; commodity swaps , futures and options ; and equity instru- ments . the calculations do not include the underlying foreign exchange and commodities-related positions that are hedged by these market-risk-sensitive instruments . the table below presents the estimated maximum poten- tial one-day loss in fair value for our interest rate , foreign currency , commodity and equity market-risk-sensitive instruments outstanding on may 28 , 2006 and may 29 , 2005 , and the average amount outstanding during the year ended may 28 , 2006 . the amounts were calculated using the var methodology described above. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fair value impact may 282006</td><td>fair value impact averageduring2006</td><td>fair value impact may 292005</td></tr><tr><td>2</td><td>interest rate instruments</td><td>$ 8</td><td>$ 10</td><td>$ 18</td></tr><tr><td>3</td><td>foreign currency instruments</td><td>2</td><td>1</td><td>1</td></tr><tr><td>4</td><td>commodity instruments</td><td>2</td><td>2</td><td>1</td></tr><tr><td>5</td><td>equity instruments</td><td>1</td><td>1</td><td>2013</td></tr></table> .\nQuestion: what is the sum of the fair value of interest instruments and foreign currency instruments in 2006?\nAnswer: 10.0\nQuestion: what is the value of commodity instruments in 2006?\nAnswer: 2.0\nQuestion: what is now the sum of those 3 instruments?\n"
},
{
"role": "agent",
"content": "12.0"
}
] |
CONVFINQA1767
|
[
{
"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\nsubstantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .\nQuestion: in the year of 2008, what was the income from continuing operations available to common stockholders?\nAnswer: 285.7\nQuestion: and what were the basic earnings per share?\nAnswer: 0.76\nQuestion: what, then, can be concluded to be the number of shares available?\nAnswer: 375.92105\nQuestion: in that same year, what was the revenue?\nAnswer: 9362.2\nQuestion: and what was it in 2007?\nAnswer: 9244.9\nQuestion: what was, then, the change over the year?\nAnswer: 117.3\nQuestion: and what is this change as a percentage of the 2007 revenue?\n"
},
{
"role": "agent",
"content": "0.01269"
}
] |
CONVFINQA1167
|
[
{
"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\nwhen the likelihood of clawback is considered mathematically improbable . the company records a deferred carried interest liability to the extent it receives cash or capital allocations related to carried interest prior to meeting the revenue recognition criteria . at december 31 , 2017 and 2016 , the company had $ 219 million and $ 152 million , respectively , of deferred carried interest recorded in other liabilities/other liabilities of consolidated vies on the consolidated statements of financial condition . a portion of the deferred carried interest liability will be paid to certain employees . the ultimate timing of the recognition of performance fee revenue , if any , for these products is unknown . the following table presents changes in the deferred carried interest liability ( including the portion related to consolidated vies ) for 2017 and 2016: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 152</td><td>$ 143</td></tr><tr><td>3</td><td>net increase ( decrease ) in unrealized allocations</td><td>75</td><td>37</td></tr><tr><td>4</td><td>performance fee revenue recognized</td><td>-21 ( 21 )</td><td>-28 ( 28 )</td></tr><tr><td>5</td><td>acquisition</td><td>13</td><td>2014</td></tr><tr><td>6</td><td>ending balance</td><td>$ 219</td><td>$ 152</td></tr></table> for 2017 , 2016 and 2015 , performance fee revenue ( which included recognized carried interest ) totaled $ 594 million , $ 295 million and $ 621 million , respectively . fees earned for technology and risk management revenue are recorded as services are performed and are generally determined using the value of positions on the aladdin platform or on a fixed-rate basis . for 2017 , 2016 and 2016 , technology and risk management revenue totaled $ 677 million , $ 595 million and $ 528 million , respectively . adjustments to revenue arising from initial estimates recorded historically have been immaterial since the majority of blackrock 2019s investment advisory and administration revenue is calculated based on aum and since the company does not record performance fee revenue until performance thresholds have been exceeded and the likelihood of clawback is mathematically improbable . accounting developments recent accounting pronouncements not yet adopted . revenue from contracts with customers . in may 2014 , the financial accounting standards board ( 201cfasb 201d ) issued accounting standards update ( 201casu 201d ) 2014-09 , revenue from contracts with customers ( 201casu 2014-09 201d ) . asu 2014-09 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance , including industry-specific guidance . the guidance also changes the accounting for certain contract costs and revises the criteria for determining if an entity is acting as a principal or agent in certain arrangements . the key changes in the standard that impact the company 2019s revenue recognition relate to the presentation of certain revenue contracts and associated contract costs . the most significant of these changes relates to the presentation of certain distribution costs , which are currently presented net against revenues ( contra-revenue ) and will be presented as an expense on a gross basis . the company adopted asu 2014-09 effective january 1 , 2018 on a full retrospective basis , which will require 2016 and 2017 to be restated in future filings . the cumulative effect adjustment to the 2016 opening retained earnings was not material . the company currently expects the net gross up to revenue to be approximately $ 1 billion with a corresponding gross up to expense for both 2016 and 2017 . consequently , the company expects its gaap operating margin to decline upon adoption due to the gross up of revenue . however , no material impact is expected on the company 2019s as adjusted operating margin . for accounting pronouncements that the company adopted during the year ended december 31 , 2017 and for additional recent accounting pronouncements not yet adopted , see note 2 , significant accounting policies , in the consolidated financial statements contained in part ii , item 8 of this filing . item 7a . quantitative and qualitative disclosures about market risk aum market price risk . blackrock 2019s investment advisory and administration fees are primarily comprised of fees based on a percentage of the value of aum and , in some cases , performance fees expressed as a percentage of the returns realized on aum . at december 31 , 2017 , the majority of the company 2019s investment advisory and administration fees were based on average or period end aum of the applicable investment funds or separate accounts . movements in equity market prices , interest rates/credit spreads , foreign exchange rates or all three could cause the value of aum to decline , which would result in lower investment advisory and administration fees . corporate investments portfolio risks . as a leading investment management firm , blackrock devotes significant resources across all of its operations to identifying , measuring , monitoring , managing and analyzing market and operating risks , including the management and oversight of its own investment portfolio . the board of directors of the company has adopted guidelines for the review of investments to be made by the company , requiring , among other things , that investments be reviewed by certain senior officers of the company , and that certain investments may be referred to the audit committee or the board of directors , depending on the circumstances , for approval . in the normal course of its business , blackrock is exposed to equity market price risk , interest rate/credit spread risk and foreign exchange rate risk associated with its corporate investments . blackrock has investments primarily in sponsored investment products that invest in a variety of asset classes , including real assets , private equity and hedge funds . investments generally are made for co-investment purposes , to establish a performance track record , to hedge exposure to certain deferred compensation plans or for regulatory purposes . currently , the company has a seed capital hedging program in which it enters into swaps to hedge market and interest rate exposure to certain investments . at december 31 , 2017 , the company had outstanding total return swaps with an aggregate notional value of approximately $ 587 million . at december 31 , 2017 , there were no outstanding interest rate swaps. .\nQuestion: what is the revenue related technology and risk management in 2016?\nAnswer: 595.0\nQuestion: what was the revenues in 2015?\n"
},
{
"role": "agent",
"content": "528.0"
}
] |
CONVFINQA4493
|
[
{
"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\nus in a position to handle demand changes . we will also continue utilizing industrial engineering techniques to improve productivity . 2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s . domestic demand , refining capacity , geopolitical events , weather conditions and other factors . to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts . 2022 capital plan 2013 in 2011 , we plan to make total capital investments of approximately $ 3.2 billion , including expenditures for positive train control ( ptc ) , which may be revised if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments . ( see further discussion in this item 7 under liquidity and capital resources 2013 capital plan. ) 2022 positive train control 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 250 million during 2011 on developing ptc . we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the federal railroad administration ( fra ) . this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other . during 2011 , we plan to begin testing the technology to evaluate its effectiveness . 2022 financial expectations 2013 we remain cautious about economic conditions , but anticipate volume to increase from 2010 levels . in addition , we expect volume , price , and productivity gains to offset expected higher costs for fuel , labor inflation , depreciation , casualty costs , and property taxes to drive operating ratio improvement . results of operations operating revenues millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2010</td><td>2009</td><td>2008</td><td>% ( % ) change 2010 v 2009</td><td>% ( % ) change 2009 v 2008</td></tr><tr><td>2</td><td>freight revenues</td><td>$ 16069</td><td>$ 13373</td><td>$ 17118</td><td>20% ( 20 % )</td><td>( 22 ) % ( % )</td></tr><tr><td>3</td><td>other revenues</td><td>896</td><td>770</td><td>852</td><td>16</td><td>-10 ( 10 )</td></tr><tr><td>4</td><td>total</td><td>$ 16965</td><td>$ 14143</td><td>$ 17970</td><td>20% ( 20 % )</td><td>( 21 ) % ( % )</td></tr></table> freight revenues are revenues generated by transporting freight or other materials from our six commodity groups . freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) . changes in price , traffic mix and fuel surcharges drive arc . we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments . we recognize freight revenues as freight moves from origin to destination . we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them . other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage . we recognize other revenues as we perform services or meet contractual obligations . freight revenues and volume levels for all six commodity groups increased during 2010 as a result of economic improvement in many market sectors . we experienced particularly strong volume growth in automotive , intermodal , and industrial products shipments . core pricing gains and higher fuel surcharges also increased freight revenues and drove a 6% ( 6 % ) improvement in arc . freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness . we experienced the largest volume declines in automotive and industrial .\nQuestion: what was operating revenue in 2010?\n"
},
{
"role": "agent",
"content": "16965.0"
}
] |
CONVFINQA9373
|
[
{
"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\ndiscussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014 factors affecting sources of liquidity . 201d recent sales of unregistered securities during the year ended december 31 , 2005 , we issued an aggregate of 4670335 shares of our class a common stock upon conversion of $ 57.1 million principal amount of our 3.25% ( 3.25 % ) notes . pursuant to the terms of the indenture , the holders of the 3.25% ( 3.25 % ) notes received 81.808 shares of class a common stock for every $ 1000 principal amount of notes converted . the shares were issued to the noteholders in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended . no underwriters were engaged in connection with such issuances . in connection with the conversion , we paid such holders an aggregate of $ 4.9 million , calculated based on the accrued and unpaid interest on the notes and the discounted value of the future interest payments on the notes . subsequent to december 31 , 2005 , we issued shares of class a common stock upon conversions of additional 3.25% ( 3.25 % ) notes , as set forth in item 9b of this annual report under the caption 201cother information . 201d during the year ended december 31 , 2005 , we issued an aggregate of 398412 shares of our class a common stock upon exercises of 55729 warrants assumed in our merger with spectrasite , inc . in august 2005 , in connection with our merger with spectrasite , inc. , we assumed approximately 1.0 million warrants to purchase shares of spectrasite , inc . common stock . upon completion of the merger , each warrant to purchase shares of spectrasite , inc . common stock automatically converted into a warrant to purchase 7.15 shares of class a common stock at an exercise price of $ 32 per warrant . net proceeds from these warrant exercises were approximately $ 1.8 million . the shares of class a common stock issued to the warrantholders upon exercise of the warrants were issued in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended . no underwriters were engaged in connection with such issuances . subsequent to december 31 , 2005 , we issued shares of class a common stock upon exercises of additional warrants , as set forth in item 9b of this annual report under the caption 201cother information . 201d issuer purchases of equity securities in november 2005 , we announced that our board of directors had approved a stock repurchase program pursuant to which we intend to repurchase up to $ 750.0 million of our class a common stock through december 2006 . during the fourth quarter of 2005 , we repurchased 2836519 shares of our class a common stock for an aggregate of $ 76.6 million pursuant to our stock repurchase program , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased ( 1 )</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced plans or programs ( 1 )</td><td>approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )</td></tr><tr><td>2</td><td>11/17/05 2013 11/30/05</td><td>874306</td><td>$ 26.25</td><td>874306</td><td>$ 727.0</td></tr><tr><td>3</td><td>12/1/05 2013 12/31/05</td><td>1962213</td><td>$ 27.29</td><td>1962213</td><td>$ 673.4</td></tr><tr><td>4</td><td>total fourth quarter</td><td>2836519</td><td>$ 26.97</td><td>2836519</td><td>$ 673.4</td></tr></table> ( 1 ) all issuer repurchases were made pursuant to the stock repurchase program publicly announced in november 2005 . pursuant to the program , we intend to repurchase up to $ 750.0 million of our class a common stock during the period november 2005 through december 2006 . under the program , our management is authorized to purchase shares from time to time in open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors . to facilitate repurchases , we entered into a trading plan under rule 10b5-1 of the securities exchange act of 1934 , which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self- imposed trading blackout periods . the program may be discontinued at any time . since december 31 , 2005 , we have continued to repurchase shares of our class a common stock pursuant to our stock repurchase program . between january 1 , 2006 and march 9 , 2006 , we repurchased 3.9 million shares of class a common stock for an aggregate of $ 117.4 million pursuant to the stock repurchase program. .\nQuestion: what was the number of stock warrants issued in the purchase of spectrasite , inc, in millions?\nAnswer: 0.05625\nQuestion: and in the year of 2015, what was the total amount used for stock repurchase, in millions of dollars?\nAnswer: 22950532.5\nQuestion: and how much is that in dollars?\n"
},
{
"role": "agent",
"content": "22.95053"
}
] |
CONVFINQA0
|
[
{
"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\n26 | 2009 annual report in fiscal 2008 , revenues in the credit union systems and services business segment increased 14% ( 14 % ) from fiscal 2007 . all revenue components within the segment experienced growth during fiscal 2008 . license revenue generated the largest dollar growth in revenue as episys ae , our flagship core processing system aimed at larger credit unions , experienced strong sales throughout the year . support and service revenue , which is the largest component of total revenues for the credit union segment , experienced 34 percent growth in eft support and 10 percent growth in in-house support . gross profit in this business segment increased $ 9344 in fiscal 2008 compared to fiscal 2007 , due primarily to the increase in license revenue , which carries the highest margins . liquidity and capital resources we have historically generated positive cash flow from operations and have generally used funds generated from operations and short-term borrowings on our revolving credit facility to meet capital requirements . we expect this trend to continue in the future . the company 2019s cash and cash equivalents increased to $ 118251 at june 30 , 2009 from $ 65565 at june 30 , 2008 . the following table summarizes net cash from operating activities in the statement of cash flows : 2009 2008 2007 . <table class='wikitable'><tr><td>1</td><td>2008</td><td>year ended june 30 2009 2008</td><td>year ended june 30 2009 2008</td><td>year ended june 30 2009</td></tr><tr><td>2</td><td>net income</td><td>$ 103102</td><td>$ 104222</td><td>$ 104681</td></tr><tr><td>3</td><td>non-cash expenses</td><td>74397</td><td>70420</td><td>56348</td></tr><tr><td>4</td><td>change in receivables</td><td>21214</td><td>-2913 ( 2913 )</td><td>-28853 ( 28853 )</td></tr><tr><td>5</td><td>change in deferred revenue</td><td>21943</td><td>5100</td><td>24576</td></tr><tr><td>6</td><td>change in other assets and liabilities</td><td>-14068 ( 14068 )</td><td>4172</td><td>17495</td></tr><tr><td>7</td><td>net cash from operating activities</td><td>$ 206588</td><td>$ 181001</td><td>$ 174247</td></tr></table> year ended june 30 , cash provided by operations increased $ 25587 to $ 206588 for the fiscal year ended june 30 , 2009 as compared to $ 181001 for the fiscal year ended june 30 , 2008 . this increase is primarily attributable to a decrease in receivables compared to the same period a year ago of $ 21214 . this decrease is largely the result of fiscal 2010 annual software maintenance billings being provided to customers earlier than in the prior year , which allowed more cash to be collected before the end of the fiscal year than in previous years . further , we collected more cash overall related to revenues that will be recognized in subsequent periods in the current year than in fiscal 2008 . cash used in investing activities for the fiscal year ended june 2009 was $ 59227 and includes $ 3027 in contingent consideration paid on prior years 2019 acquisitions . cash used in investing activities for the fiscal year ended june 2008 was $ 102148 and includes payments for acquisitions of $ 48109 , plus $ 1215 in contingent consideration paid on prior years 2019 acquisitions . capital expenditures for fiscal 2009 were $ 31562 compared to $ 31105 for fiscal 2008 . cash used for software development in fiscal 2009 was $ 24684 compared to $ 23736 during the prior year . net cash used in financing activities for the current fiscal year was $ 94675 and includes the repurchase of 3106 shares of our common stock for $ 58405 , the payment of dividends of $ 26903 and $ 13489 net repayment on our revolving credit facilities . cash used in financing activities was partially offset by proceeds of $ 3773 from the exercise of stock options and the sale of common stock ( through the employee stock purchase plan ) and $ 348 excess tax benefits from stock option exercises . during fiscal 2008 , net cash used in financing activities for the fiscal year was $ 101905 and includes the repurchase of 4200 shares of our common stock for $ 100996 , the payment of dividends of $ 24683 and $ 429 net repayment on our revolving credit facilities . cash used in financing activities was partially offset by proceeds of $ 20394 from the exercise of stock options and the sale of common stock and $ 3809 excess tax benefits from stock option exercises . beginning during fiscal 2008 , us financial markets and many of the largest us financial institutions have been shaken by negative developments in the home mortgage industry and the mortgage markets , and particularly the markets for subprime mortgage-backed securities . since that time , these and other such developments have resulted in a broad , global economic downturn . while we , as is the case with most companies , have experienced the effects of this downturn , we have not experienced any significant issues with our current collection efforts , and we believe that any future impact to our liquidity will be minimized by cash generated by recurring sources of revenue and due to our access to available lines of credit. .\nQuestion: what is the net cash from operating activities in 2009?\n"
},
{
"role": "agent",
"content": "206588.0"
}
] |
CONVFINQA3797
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 1b . unresolved staff comments not applicable . item 2 . properties our global headquarters are located in chicago , illinois , at 20 south wacker drive . the following is a description of our key locations and facilities . location primary use owned/leased lease expiration approximate size ( in square feet ) ( 1 ) 20 south wacker drive chicago , illinois global headquarters and office space leased 2032 ( 2 ) 512000 141 west jackson chicago , illinois trading floor and office space leased 2027 ( 3 ) 150000 333 s . lasalle chicago , illinois trading floor and office space owned n/a 300000 550 west washington chicago , illinois office space leased 2023 250000 one north end new york , new york trading floor and office space leased 2028 ( 4 ) 240000 . <table class='wikitable'><tr><td>1</td><td>location</td><td>primary use</td><td>owned/leased</td><td>lease expiration</td><td>approximate size ( in square feet ) ( 1 )</td></tr><tr><td>2</td><td>20 south wacker drive chicago illinois</td><td>global headquarters and office space</td><td>leased</td><td>2032 ( 2 )</td><td>512000</td></tr><tr><td>3</td><td>141 west jacksonchicago illinois</td><td>trading floor and office space</td><td>leased</td><td>2027 ( 3 )</td><td>150000</td></tr><tr><td>4</td><td>333 s . lasallechicago illinois</td><td>trading floor and office space</td><td>owned</td><td>n/a</td><td>300000</td></tr><tr><td>5</td><td>550 west washingtonchicago illinois</td><td>office space</td><td>leased</td><td>2023</td><td>250000</td></tr><tr><td>6</td><td>one north endnew york new york</td><td>trading floor and office space</td><td>leased</td><td>2028 ( 4 )</td><td>240000</td></tr><tr><td>7</td><td>one new change london</td><td>office space</td><td>leased</td><td>2026</td><td>58000</td></tr><tr><td>8</td><td>data center 3chicagoland area</td><td>business continuity and co-location</td><td>leased</td><td>2031 ( 5 )</td><td>83000</td></tr><tr><td>9</td><td>bagmane tech park bangalore india</td><td>office space</td><td>leased</td><td>2020 ( 6 )</td><td>72000</td></tr></table> data center 3 chicagoland area business continuity and co-location leased 2031 ( 5 ) 83000 bagmane tech park bangalore , office space leased 2020 ( 6 ) 72000 ( 1 ) size represents the amount of space leased or owned by us unless otherwise noted . ( 2 ) the initial lease expires in 2032 with two consecutive options to extend the term for five years each . ( 3 ) the initial lease expires in 2027 and contains options to extend the term and expand the premises . ( 4 ) the initial lease expires in 2028 and contains options to extend the term and expand the premises . in 2019 , the premises will be reduced to 225000 square feet . ( 5 ) in march 2016 , the company sold its datacenter in the chicago area for $ 130.0 million . at the time of the sale , the company leased back a portion of the property . ( 6 ) the initial lease expires in 2020 and contains an option to extend the term as well as an option to terminate early . item 3 . legal proceedings see 201clegal and regulatory matters 201d in note 12 . contingencies to the consolidated financial statements beginning on page 87 for cme group 2019s legal proceedings disclosure which is incorporated herein by reference . item 4 . mine safety disclosures not applicable. .\nQuestion: what square footage will the one north end ny, ny premises be reduced to in 2019?\nAnswer: 225000.0\nQuestion: and what is the starting square footage?\nAnswer: 240000.0\nQuestion: so by how much will the square footage decrease?\n"
},
{
"role": "agent",
"content": "-15000.0"
}
] |
CONVFINQA8043
|
[
{
"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 compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2012 to december 31 , 2017. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/12</td><td>12/13</td><td>12/14</td><td>12/15</td><td>12/16</td><td>12/17</td></tr><tr><td>2</td><td>royal caribbean cruises ltd .</td><td>100.00</td><td>142.11</td><td>251.44</td><td>313.65</td><td>260.04</td><td>385.47</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>132.39</td><td>150.51</td><td>152.59</td><td>170.84</td><td>208.14</td></tr><tr><td>4</td><td>dow jones us travel & leisure</td><td>100.00</td><td>145.48</td><td>169.28</td><td>179.27</td><td>192.85</td><td>238.77</td></tr></table> the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2012 and that all dividends were reinvested . past performance is not necessarily an indicator of future results. .\nQuestion: what is the sum of the prices of royal caribbean cruises and the s&p 500 in 2017?\nAnswer: 593.61\nQuestion: what was the value of the dow jones us travel & leisure index in 2017?\n"
},
{
"role": "agent",
"content": "238.77"
}
] |
CONVFINQA495
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnote 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .\nQuestion: what was the total in asset purchase agreements in 2009?\n"
},
{
"role": "agent",
"content": "8211.0"
}
] |
CONVFINQA3084
|
[
{
"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 ) the company does not make any contributions to its postretirement plan other than funding benefits payments . the following table summarizes expected net benefit payments from the company 2019s general assets through 2018 : benefit payments expected subsidy receipts benefit payments . <table class='wikitable'><tr><td>1</td><td>-</td><td>benefit payments</td><td>expected subsidy receipts</td><td>net benefit payments</td></tr><tr><td>2</td><td>2009</td><td>$ 2641</td><td>$ 77</td><td>$ 2564</td></tr><tr><td>3</td><td>2010</td><td>3139</td><td>91</td><td>3048</td></tr><tr><td>4</td><td>2011</td><td>3561</td><td>115</td><td>3446</td></tr><tr><td>5</td><td>2012</td><td>3994</td><td>140</td><td>3854</td></tr><tr><td>6</td><td>2013</td><td>4357</td><td>169</td><td>4188</td></tr><tr><td>7</td><td>2014 2013 2018</td><td>25807</td><td>1269</td><td>24538</td></tr></table> the company provides limited postemployment benefits to eligible former u.s . employees , primarily severance under a formal severance plan ( the 201cseverance plan 201d ) . the company accounts for severance expense in accordance with sfas no . 112 , 201cemployers 2019 accounting for postemployment benefits 201d by accruing the expected cost of the severance benefits expected to be provided to former employees after employment over their relevant service periods . the company updates the assumptions in determining the severance accrual by evaluating the actual severance activity and long-term trends underlying the assumptions . as a result of updating the assumptions , the company recorded severance expense ( benefit ) related to the severance plan of $ 2643 , $ ( 3418 ) and $ 8400 , respectively , during the years 2008 , 2007 and 2006 . the company has an accrued liability related to the severance plan and other severance obligations in the amount of $ 63863 and $ 56172 at december 31 , 2008 and 2007 , respectively . note 13 . debt on april 28 , 2008 , the company extended its committed unsecured revolving credit facility , dated as of april 28 , 2006 ( the 201ccredit facility 201d ) , for an additional year . the new expiration date of the credit facility is april 26 , 2011 . the available funding under the credit facility will remain at $ 2500000 through april 27 , 2010 and then decrease to $ 2000000 during the final year of the credit facility agreement . other terms and conditions in the credit facility remain unchanged . the company 2019s option to request that each lender under the credit facility extend its commitment was provided pursuant to the original terms of the credit facility agreement . borrowings under the facility are available to provide liquidity in the event of one or more settlement failures by mastercard international customers and , subject to a limit of $ 500000 , for general corporate purposes . a facility fee of 8 basis points on the total commitment , or approximately $ 2030 , is paid annually . interest on borrowings under the credit facility would be charged at the london interbank offered rate ( libor ) plus an applicable margin of 37 basis points or an alternative base rate , and a utilization fee of 10 basis points would be charged if outstanding borrowings under the facility exceed 50% ( 50 % ) of commitments . the facility fee and borrowing cost are contingent upon the company 2019s credit rating . the company also agreed to pay upfront fees of $ 1250 and administrative fees of $ 325 for the credit facility which are being amortized straight- line over three years . facility and other fees associated with the credit facility or prior facilities totaled $ 2353 , $ 2477 and $ 2717 for each of the years ended december 31 , 2008 , 2007 and 2006 , respectively . mastercard was in compliance with the covenants of the credit facility and had no borrowings under the credit facility at december 31 , 2008 or december 31 , 2007 . the majority of credit facility lenders are customers or affiliates of customers of mastercard international . in june 1998 , mastercard international issued ten-year unsecured , subordinated notes ( the 201cnotes 201d ) paying a fixed interest rate of 6.67% ( 6.67 % ) per annum . mastercard repaid the entire principal amount of $ 80000 on june 30 .\nQuestion: how much do the benefit payments in 2010 represent in relation to the 2009 ones?\nAnswer: 1.18856\nQuestion: and what is the difference between this value and the number one?\nAnswer: 0.18856\nQuestion: how much do the expected subsidy receipts in 2010 represent in relation to the 2009 ones?\nAnswer: 1.18182\nQuestion: and what is the difference between this value and the number one?\nAnswer: 0.18182\nQuestion: what is, then, the difference between the benefit payments difference and this expected subsidy receipts one?\n"
},
{
"role": "agent",
"content": "0.00675"
}
] |
CONVFINQA6398
|
[
{
"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\nwhich , $ 44.9 million , or $ 38.2 million , net of taxes , is expected to be reclassified to earnings over the next twelve months . we also enter into foreign currency forward exchange contracts with terms of one month to manage currency exposures for assets and liabilities denominated in a currency other than an entity 2019s functional currency . as a result , any foreign currency translation gains/losses recognized in earnings under sfas no . 52 , 201cforeign currency translation 201d are generally offset with gains/losses on the foreign currency forward exchange contracts in the same reporting period . other comprehensive income 2013 other comprehensive income refers to revenues , expenses , gains and losses that under generally accepted accounting principles are included in comprehensive income but are excluded from net earnings as these amounts are recorded directly as an adjustment to stockholders 2019 equity . other comprehensive income is comprised of foreign currency translation adjustments , unrealized foreign currency hedge gains and losses , unrealized gains and losses on available-for-sale securities and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions . the components of accumulated other comprehensive income are as follows ( in millions ) : balance at december 31 , comprehensive income ( loss ) balance at december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>balance at december 31 2006</td><td>other comprehensive income ( loss )</td><td>balance at december 31 2007</td></tr><tr><td>2</td><td>foreign currency translation</td><td>$ 267.7</td><td>$ 101.1</td><td>$ 368.8</td></tr><tr><td>3</td><td>foreign currency hedges</td><td>-22.6 ( 22.6 )</td><td>-22.8 ( 22.8 )</td><td>-45.4 ( 45.4 )</td></tr><tr><td>4</td><td>unrealized gains ( losses ) on securities</td><td>-0.5 ( 0.5 )</td><td>-1.4 ( 1.4 )</td><td>-1.9 ( 1.9 )</td></tr><tr><td>5</td><td>unrecognized prior service cost and unrecognized ( gain ) / loss in actuarial assumptions</td><td>-35.4 ( 35.4 )</td><td>4.2</td><td>-31.2 ( 31.2 )</td></tr><tr><td>6</td><td>accumulated other comprehensive income</td><td>$ 209.2</td><td>$ 81.1</td><td>$ 290.3</td></tr></table> treasury stock 2013 we account for repurchases of common stock under the cost method and present treasury stock as a reduction of shareholders equity . we may reissue common stock held in treasury only for limited purposes . accounting pronouncements 2013 in june 2006 , the fasb issued interpretation no . 48 , 201caccounting for uncertainty in income taxes , an interpretation of fas 109 , accounting for income taxes 201d ( fin 48 ) , to create a single model to address accounting for uncertainty in tax positions . see our income tax disclosures in note 11 for more information regarding the adoption of fin 48 . in september 2006 , the fasb issued sfas no . 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans 2013 an amendment of fasb statements no . 87 , 88 , 106 and 132 ( r ) . 201d this statement requires recognition of the funded status of a benefit plan in the statement of financial position . sfas no . 158 also requires recognition in other comprehensive income of certain gains and losses that arise during the period but are deferred under pension accounting rules , as well as modifies the timing of reporting and adds certain disclosures . the statement provides recognition and disclosure elements to be effective as of the end of the fiscal year after december 15 , 2006 and measurement elements to be effective for fiscal years ending after december 15 , 2008 . we adopted sfas no . 158 on december 31 , 2006 . see our pension and other postretirement disclosures in note 10 . in december 2004 , the fasb issued sfas no . 123 ( r ) , 201cshare-based payment 201d , which is a revision to sfas no . 123 . sfas 123 ( r ) requires all share-based payments to employees , including stock options , to be expensed based on their fair values . we adopted sfas 123 ( r ) on january 1 , 2006 using the modified prospective method and did not restate prior periods . in september 2006 , the fasb issued sfas no . 157 , 201cfair value measurements 201d , which defines fair value , establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements . this statement does not require any new fair value measurements , but provides guidance on how to measure fair value by providing a fair value hierarchy used to classify the source of the information . sfas no . 157 is effective for financial statements issued for fiscal years beginning after november 15 , 2007 and interim periods within those fiscal years . in february 2008 , the fasb issued fasb staff position ( fsp ) no . sfas 157-2 , which delays the effective date of certain provisions of sfas no . 157 relating to non-financial assets and liabilities measured at fair value on a non-recurring basis until fiscal years beginning after november 15 , 2008 . the adoption of sfas no . 157 is not expected to have a material impact on our consolidated financial statements or results of operations . in february 2007 , the fasb issued sfas no . 159 , 201cthe fair value option for financial assets and financial liabilities 2013 including an amendment of fasb statement no . 115 201d ( sfas no . 159 ) . sfas no . 159 creates a 201cfair value option 201d under which an entity may elect to record certain financial assets or liabilities at fair value upon their initial recognition . subsequent changes in fair value would be recognized in earnings as those changes occur . the election of the fair value option would be made on a contract-by-contract basis and would need to be supported by concurrent documentation or a preexisting documented policy . sfas no . 159 requires an entity to separately disclose the fair 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 percentage did the variation of the accumulated other comprehensive income from 2006 to 2007 represent in relation to the total balance in 2006?\nAnswer: 0.38767\nQuestion: and from that total balance in 2007, what was the total of foreign currency hedges?\n"
},
{
"role": "agent",
"content": "45.4"
}
] |
CONVFINQA7340
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nn o t e s t o t h e c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries 20 . statutory financial information the company 2019s insurance and reinsurance subsidiaries are subject to insurance laws and regulations in the jurisdictions in which they operate . these regulations include restrictions that limit the amount of dividends or other distributions , such as loans or cash advances , available to shareholders without prior approval of the insurance regulatory authorities . there are no statutory restrictions on the payment of dividends from retained earnings by any of the bermuda subsidiaries as the minimum statutory capital and surplus requirements are satisfied by the share capital and additional paid-in capital of each of the bermuda subsidiaries . the company 2019s u.s . subsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by insurance regulators . statutory accounting differs from gaap in the reporting of certain reinsurance contracts , investments , subsidiaries , acquis- ition expenses , fixed assets , deferred income taxes , and certain other items . the statutory capital and surplus of the u.s . subsidiaries met regulatory requirements for 2009 , 2008 , and 2007 . the amount of dividends available to be paid in 2010 , without prior approval from the state insurance departments , totals $ 733 million . the combined statutory capital and surplus and statutory net income of the bermuda and u.s . subsidiaries as at and for the years ended december 31 , 2009 , 2008 , and 2007 , are as follows: . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars )</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>bermuda subsidiaries 2007</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>2007</td></tr><tr><td>2</td><td>statutory capital and surplus</td><td>$ 9299</td><td>$ 6205</td><td>$ 8579</td><td>$ 5801</td><td>$ 5368</td><td>$ 5321</td></tr><tr><td>3</td><td>statutory net income</td><td>$ 2472</td><td>$ 2196</td><td>$ 1535</td><td>$ 870</td><td>$ 818</td><td>$ 873</td></tr></table> as permitted by the restructuring discussed previously in note 7 , certain of the company 2019s u.s . subsidiaries discount certain a&e liabilities , which increased statutory capital and surplus by approximately $ 215 million , $ 211 million , and $ 140 million at december 31 , 2009 , 2008 , and 2007 , respectively . the company 2019s international subsidiaries prepare statutory financial statements based on local laws and regulations . some jurisdictions impose complex regulatory requirements on insurance companies while other jurisdictions impose fewer requirements . in some countries , the company must obtain licenses issued by governmental authorities to conduct local insurance business . these licenses may be subject to reserves and minimum capital and solvency tests . jurisdictions may impose fines , censure , and/or criminal sanctions for violation of regulatory requirements . 21 . information provided in connection with outstanding debt of subsidiaries the following tables present condensed consolidating financial information at december 31 , 2009 , and december 31 , 2008 , and for the years ended december 31 , 2009 , 2008 , and 2007 , for ace limited ( the parent guarantor ) and its 201csubsidiary issuer 201d , ace ina holdings , inc . the subsidiary issuer is an indirect 100 percent-owned subsidiary of the parent guarantor . investments in subsidiaries are accounted for by the parent guarantor under the equity method for purposes of the supplemental consolidating presentation . earnings of subsidiaries are reflected in the parent guarantor 2019s investment accounts and earnings . the parent guarantor fully and unconditionally guarantees certain of the debt of the subsidiary issuer. .\nQuestion: what was the value of statutory capital and surplus due to discount of certain a&e liabilities in 2009?\nAnswer: 215.0\nQuestion: what was the value of statutory capital and surplus due to discount of certain a&e liabilities in 2008?\n"
},
{
"role": "agent",
"content": "211.0"
}
] |
CONVFINQA8374
|
[
{
"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\nyear ended december 31 , 2006 compared to year ended december 31 , 2005 net revenues increased $ 149.6 million , or 53.2% ( 53.2 % ) , to $ 430.7 million in 2006 from $ 281.1 million in 2005 . this increase was the result of increases in both our net sales and license revenues as noted in the product category table below. . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2006</td><td>year ended december 31 , 2005</td><td>year ended december 31 , $ change</td><td>year ended december 31 , % ( % ) change</td></tr><tr><td>2</td><td>men 2019s</td><td>$ 255681</td><td>$ 189596</td><td>$ 66085</td><td>34.9% ( 34.9 % )</td></tr><tr><td>3</td><td>women 2019s</td><td>85695</td><td>53500</td><td>32195</td><td>60.2% ( 60.2 % )</td></tr><tr><td>4</td><td>youth</td><td>31845</td><td>18784</td><td>13061</td><td>69.5% ( 69.5 % )</td></tr><tr><td>5</td><td>apparel</td><td>373221</td><td>261880</td><td>111341</td><td>42.5% ( 42.5 % )</td></tr><tr><td>6</td><td>footwear</td><td>26874</td><td>2014</td><td>26874</td><td>2014</td></tr><tr><td>7</td><td>accessories</td><td>14897</td><td>9409</td><td>5488</td><td>58.3% ( 58.3 % )</td></tr><tr><td>8</td><td>total net sales</td><td>414992</td><td>271289</td><td>143703</td><td>53.0% ( 53.0 % )</td></tr><tr><td>9</td><td>license revenues</td><td>15697</td><td>9764</td><td>5933</td><td>60.8% ( 60.8 % )</td></tr><tr><td>10</td><td>total net revenues</td><td>$ 430689</td><td>$ 281053</td><td>$ 149636</td><td>53.2% ( 53.2 % )</td></tr></table> net sales increased $ 143.7 million , or 53.0% ( 53.0 % ) , to $ 415.0 million for the year ended december 31 , 2006 from $ 271.3 million during the same period in 2005 as noted in the table above . the increase in net sales primarily reflects : 2022 $ 26.9 million of footwear product sales , primarily football cleats introduced in the second quarter of 2006 , and baseball cleats introduced in the fourth quarter of 2006 ; 2022 continued unit volume growth of our existing products , such as coldgear ae compression products , primarily sold to existing retail customers due to additional retail stores and expanded floor space ; 2022 growth in the average selling price of apparel products within all categories ; 2022 increased women 2019s and youth market penetration by leveraging current customer relationships ; and 2022 product introductions subsequent to december 31 , 2005 within all product categories , most significantly in our compression and training products . license revenues increased $ 5.9 million , or 60.8% ( 60.8 % ) , to $ 15.7 million for the year ended december 31 , 2006 from $ 9.8 million during the same period in 2005 . this increase in license revenues was a result of increased sales by our licensees due to increased distribution , continued unit volume growth , new product offerings and new licensing agreements , which included distribution of products to college bookstores and golf pro shops . gross profit increased $ 79.7 million to $ 215.6 million in 2006 from $ 135.9 million in 2005 . gross profit as a percentage of net revenues , or gross margin , increased approximately 180 basis points to 50.1% ( 50.1 % ) in 2006 from 48.3% ( 48.3 % ) in 2005 . this increase in gross margin was primarily driven by the following : 2022 lower product costs as a result of variations in product mix and greater supplier discounts for increased volume and lower cost sourcing arrangements , accounting for an approximate 170 basis point increase ; 2022 decreased close-out sales in the 2006 period compared to the 2005 period , accounting for an approximate 70 basis point increase ; 2022 lower customer incentives as a percentage of net revenues , primarily driven by changes to certain customer agreements which decreased discounts while increasing certain customer marketing expenditures recorded in selling , general and administrative expenses , accounting for an approximate 70 basis point increase; .\nQuestion: what percentage did the change in the gross profit from 2005 to 2006 represent in relation to that profit in 2005?\n"
},
{
"role": "agent",
"content": "0.58646"
}
] |
CONVFINQA8430
|
[
{
"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 durations of less than one year . the company generally offers a twelve-month warranty for its products . the company 2019s warranty policy provides for replacement of defective products . specific accruals are recorded forff known product warranty issues . transaction price : the transaction price reflects the company 2019s expectations about the consideration it will be entitled to receive from the customer and may include fixed or variable amounts . fixed consideration primarily includes sales to direct customers and sales to distributors in which both the sale to the distributor and the sale to the end customer occur within the same reporting period . variable consideration includes sales in which the amount of consideration that the company will receive is unknown as of the end of a reporting period . such consideration primarily includes credits issued to the distributor due to price protection and sales made to distributors under agreements that allow certain rights of return , referred to as stock rotation . price protection represents price discounts granted to certain distributors to allow the distributor to earn an appropriate margin on sales negotiated with certain customers and in the event of a price decrease subsequent to the date the product was shipped and billed to the distributor . stock rotation allows distributors limited levels of returns in order to reduce the amounts of slow-moving , discontinued or obsolete product from their inventory . a liability for distributor credits covering variable consideration is made based on the company's estimate of historical experience rates as well as considering economic conditions and contractual terms . to date , actual distributor claims activity has been materially consistent with the provisions the company has made based on its historical estimates . for the years ended november 2 , 2019 and november 3 , 2018 , sales to distributors were $ 3.4 billion in both periods , net of variable consideration for which the liability balances as of november 2 , 2019 and november 3 , 2018 were $ 227.0 million and $ 144.9 million , respectively . contract balances : accounts receivable represents the company 2019s unconditional right to receive consideration from its customers . payments are typically due within 30 to 45 days of invoicing and do not include a significant financing component . to date , there have been no material impairment losses on accounts receivable . there were no material contract assets or contract liabilities recorded on the consolidated balance sheets in any of the periods presented . the company generally warrants that products will meet their published specifications and that the company will repair or replace defective products for twelve-months from the date title passes to the customer . specific accruals are recorded for known product warranty issues . product warranty expenses during fiscal 2019 , fiscal 2018 and fiscal 2017 were not material . o . accumulated other compcc rehensive ( loss ) income accumulated other comprehensive ( loss ) income ( aoci ) includes certain transactions that have generally been reported in the consolidated statement of shareholders 2019 equity . the components of aoci at november 2 , 2019 and november 3 , 2018 consisted of the following , net of tax : foreign currency translation adjustment unrealized holding gains ( losses ) on available for sale securities unrealized holding ( losses ) on derivatives pension plans total . <table class='wikitable'><tr><td>1</td><td>-</td><td>foreign currency translation adjustment</td><td>unrealized holding gains ( losses ) on available for sale securities</td><td>unrealized holding gains ( losses ) on derivatives</td><td>pension plans</td><td>total</td></tr><tr><td>2</td><td>november 3 2018</td><td>$ -28711 ( 28711 )</td><td>$ -10 ( 10 )</td><td>$ -14355 ( 14355 )</td><td>$ -15364 ( 15364 )</td><td>$ -58440 ( 58440 )</td></tr><tr><td>3</td><td>other comprehensive ( loss ) income before reclassifications</td><td>-1365 ( 1365 )</td><td>10</td><td>-140728 ( 140728 )</td><td>-31082 ( 31082 )</td><td>-173165 ( 173165 )</td></tr><tr><td>4</td><td>amounts reclassified out of other comprehensive loss</td><td>2014</td><td>2014</td><td>9185</td><td>1004</td><td>10189</td></tr><tr><td>5</td><td>tax effects</td><td>2014</td><td>2014</td><td>27883</td><td>5734</td><td>33617</td></tr><tr><td>6</td><td>other comprehensive ( loss ) income</td><td>-1365 ( 1365 )</td><td>10</td><td>-103660 ( 103660 )</td><td>-24344 ( 24344 )</td><td>-129359 ( 129359 )</td></tr><tr><td>7</td><td>november 2 2019</td><td>$ -30076 ( 30076 )</td><td>$ 2014</td><td>$ -118015 ( 118015 )</td><td>$ -39708 ( 39708 )</td><td>$ -187799 ( 187799 )</td></tr></table> november 2 , 2019 $ ( 30076 ) $ 2014 $ ( 118015 ) $ ( 39708 ) $ ( 187799 ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what is the liability balance in 2019?\n"
},
{
"role": "agent",
"content": "227.0"
}
] |
CONVFINQA4520
|
[
{
"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\nrepublic services , inc . notes to consolidated financial statements 2014 ( continued ) in december 2008 , the board of directors amended and restated the republic services , inc . 2006 incentive stock plan ( formerly known as the allied waste industries , inc . 2006 incentive stock plan ( the 2006 plan ) ) . allied 2019s stockholders approved the 2006 plan in may 2006 . the 2006 plan was amended and restated in december 2008 to reflect that republic services , inc . is the new sponsor of the plan , that any references to shares of common stock is to shares of common stock of republic services , inc. , and to adjust outstanding awards and the number of shares available under the plan to reflect the acquisition . the 2006 plan , as amended and restated , provides for the grant of non-qualified stock options , incentive stock options , shares of restricted stock , shares of phantom stock , stock bonuses , restricted stock units , stock appreciation rights , performance awards , dividend equivalents , cash awards , or other stock-based awards . awards granted under the 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the acquisition . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsidiaries who were not employed by republic services , inc . prior to such date . at december 31 , 2012 , there were approximately 15.5 million shares of common stock reserved for future grants under the 2006 plan . stock options we use a binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures ( at 3.0% ( 3.0 % ) for each of the period presented ) and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2012 , 2011 and 2010 were $ 4.77 , $ 5.35 and $ 5.28 per option , respectively , which were calculated using the following weighted-average assumptions: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>expected volatility</td><td>27.8% ( 27.8 % )</td><td>27.3% ( 27.3 % )</td><td>28.6% ( 28.6 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>0.8% ( 0.8 % )</td><td>1.7% ( 1.7 % )</td><td>2.4% ( 2.4 % )</td></tr><tr><td>4</td><td>dividend yield</td><td>3.2% ( 3.2 % )</td><td>2.7% ( 2.7 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>5</td><td>expected life ( in years )</td><td>4.5</td><td>4.4</td><td>4.3</td></tr><tr><td>6</td><td>contractual life ( in years )</td><td>7.0</td><td>7.0</td><td>7.0</td></tr></table> .\nQuestion: what is the dividend yield in 2012?\n"
},
{
"role": "agent",
"content": "3.2"
}
] |
CONVFINQA4509
|
[
{
"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\nvaluation techniques 2013 cash equivalents are mostly comprised of short-term money-market instruments and are valued at cost , which approximates fair value . u.s . equity securities and international equity securities categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year . for u.s . equity securities and international equity securities not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker or investment manager . these securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor or categorized as level 3 if the custodian obtains uncorroborated quotes from a broker or investment manager . commingled equity funds categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year . for commingled equity funds not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker or investment manager . these securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor . fixed income investments categorized as level 2 are valued by the trustee using pricing models that use verifiable observable market data ( e.g. , interest rates and yield curves observable at commonly quoted intervals and credit spreads ) , bids provided by brokers or dealers or quoted prices of securities with similar characteristics . fixed income investments are categorized as level 3 when valuations using observable inputs are unavailable . the trustee typically obtains pricing based on indicative quotes or bid evaluations from vendors , brokers or the investment manager . in addition , certain other fixed income investments categorized as level 3 are valued using a discounted cash flow approach . significant inputs include projected annuity payments and the discount rate applied to those payments . certain commingled equity funds , consisting of equity mutual funds , are valued using the nav . the nav valuations are based on the underlying investments and typically redeemable within 90 days . private equity funds consist of partnership and co-investment funds . the nav is based on valuation models of the underlying securities , which includes unobservable inputs that cannot be corroborated using verifiable observable market data . these funds typically have redemption periods between eight and 12 years . real estate funds consist of partnerships , most of which are closed-end funds , for which the nav is based on valuation models and periodic appraisals . these funds typically have redemption periods between eight and 10 years . hedge funds consist of direct hedge funds for which the nav is generally based on the valuation of the underlying investments . redemptions in hedge funds are based on the specific terms of each fund , and generally range from a minimum of one month to several months . contributions 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 . we made contributions of $ 5.0 billion to our qualified defined benefit pension plans in 2018 , including required and discretionary contributions . as a result of these contributions , we do not expect to make contributions to our qualified defined benefit pension plans in 2019 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2018 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2020</td><td>2021</td><td>2022</td><td>2023</td><td>2024 2013 2028</td></tr><tr><td>2</td><td>qualified defined benefit pension plans</td><td>$ 2350</td><td>$ 2390</td><td>$ 2470</td><td>$ 2550</td><td>$ 2610</td><td>$ 13670</td></tr><tr><td>3</td><td>retiree medical and life insurance plans</td><td>170</td><td>180</td><td>180</td><td>180</td><td>170</td><td>810</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 $ 658 million in 2018 , $ 613 million in 2017 and $ 617 million in 2016 , the majority of which were funded using our common stock . our defined contribution plans held approximately 33.3 million and 35.5 million shares of our common stock as of december 31 , 2018 and 2017. .\nQuestion: what were the employee matching contributions in 2018?\n"
},
{
"role": "agent",
"content": "658.0"
}
] |
CONVFINQA6338
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincreased over 4% ( 4 % ) in 2005 , costs for trucking services provided by intermodal carriers remained flat as we substantially reduced expenses associated with network inefficiencies . higher diesel fuel prices increased sales and use taxes in 2005 , which resulted in higher state and local taxes . other contract expenses for equipment maintenance and other services increased in 2005 . the 2005 january west coast storm and hurricanes katrina and rita also contributed to higher expenses in 2005 ( net of insurance settlements received ) . partially offsetting these increases was a reduction in relocation expenses as we incurred higher relocation costs associated with moving support personnel to omaha , nebraska during 2004 . non-operating items millions of dollars 2006 2005 2004 % ( % ) change 2006 v 2005 % ( % ) change 2005 v 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td><td>% ( % ) change 2006 v 2005</td><td>% ( % ) change 2005 v 2004</td></tr><tr><td>2</td><td>other income</td><td>$ 118</td><td>$ 145</td><td>$ 88</td><td>( 19 ) % ( % )</td><td>65% ( 65 % )</td></tr><tr><td>3</td><td>interest expense</td><td>-477 ( 477 )</td><td>-504 ( 504 )</td><td>-527 ( 527 )</td><td>-5 ( 5 )</td><td>-4 ( 4 )</td></tr><tr><td>4</td><td>income taxes</td><td>-919 ( 919 )</td><td>-410 ( 410 )</td><td>-252 ( 252 )</td><td>124</td><td>63</td></tr></table> other income 2013 lower net gains from non-operating asset sales and higher expenses due to rising interest rates associated with our sale of receivables program resulted in a reduction in other income in 2006 , which was partially offset by higher rental income for the use of our right-of-way ( including 2006 settlements of rate disputes from prior years ) and cash investment returns due to higher interest rates . in 2005 , other income increased largely as a result of higher gains from real estate sales partially offset by higher expenses due to rising interest rates associated with our sale of receivables program . interest expense 2013 lower interest expense in 2006 and 2005 was primarily due to declining weighted-average debt levels of $ 7.1 billion , $ 7.8 billion , and $ 8.1 billion in 2006 , 2005 , and 2004 , respectively . a higher effective interest rate of 6.7% ( 6.7 % ) in 2006 , compared to 6.5% ( 6.5 % ) in both 2005 and 2004 , partially offset the effects of the declining debt level . income taxes 2013 income tax expense was $ 509 million higher in 2006 than 2005 . higher pre-tax income resulted in additional taxes of $ 414 million and $ 118 million of the increase resulted from the one-time reduction in 2005 described below . our effective tax rate was 36.4% ( 36.4 % ) and 28.6% ( 28.6 % ) in 2006 and 2005 , respectively . income taxes were greater in 2005 than 2004 due to higher pre-tax income partially offset by a previously reported reduction in income tax expense . in our quarterly report on form 10-q for the quarter ended june 30 , 2005 , we reported that the corporation analyzed the impact that final settlements of pre-1995 tax years had on previously recorded estimates of deferred tax assets and liabilities . the completed analysis of the final settlements for pre-1995 tax years , along with internal revenue service examination reports for tax years 1995 through 2002 were considered , among other things , in a review and re-evaluation of the corporation 2019s estimated deferred tax assets and liabilities as of september 30 , 2005 , resulting in an income tax expense reduction of $ 118 million in .\nQuestion: what is the other income in 2006?\nAnswer: 118.0\nQuestion: what about in 2005?\nAnswer: 145.0\nQuestion: what is the sum for these two years?\nAnswer: 263.0\nQuestion: what about in 2004?\n"
},
{
"role": "agent",
"content": "88.0"
}
] |
CONVFINQA699
|
[
{
"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 2019s financial discussion and analysis net revenue utility following is an analysis of the change in net revenue comparing 2014 to 2013 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2013 net revenue</td><td>$ 5524</td></tr><tr><td>3</td><td>retail electric price</td><td>135</td></tr><tr><td>4</td><td>asset retirement obligation</td><td>56</td></tr><tr><td>5</td><td>volume/weather</td><td>36</td></tr><tr><td>6</td><td>miso deferral</td><td>16</td></tr><tr><td>7</td><td>net wholesale revenue</td><td>-29 ( 29 )</td></tr><tr><td>8</td><td>other</td><td>-3 ( 3 )</td></tr><tr><td>9</td><td>2014 net revenue</td><td>$ 5735</td></tr></table> the retail electric price variance is primarily due to : 2022 increases in the energy efficiency rider at entergy arkansas , as approved by the apsc , effective july 2013 and july 2014 . energy efficiency revenues are offset by costs included in other operation and maintenance expenses and have minimal effect on net income ; 2022 the effect of the apsc 2019s order in entergy arkansas 2019s 2013 rate case , including an annual base rate increase effective january 2014 offset by a miso rider to provide customers credits in rates for transmission revenue received through miso ; 2022 a formula rate plan increase at entergy mississippi , as approved by the mspc , effective september 2013 ; 2022 an increase in entergy mississippi 2019s storm damage rider , as approved by the mpsc , effective october 2013 . the increase in the storm damage rider is offset by other operation and maintenance expenses and has no effect on net income ; 2022 an annual base rate increase at entergy texas , effective april 2014 , as a result of the puct 2019s order in the september 2013 rate case ; and 2022 a formula rate plan increase at entergy louisiana , as approved by the lpsc , effective december 2014 . see note 2 to the financial statements for a discussion of rate proceedings . the asset retirement obligation affects net revenue because entergy records a regulatory debit or credit for the difference between asset retirement obligation-related expenses and trust earnings plus asset retirement obligation- related costs collected in revenue . the variance is primarily caused by increases in regulatory credits because of decreases in decommissioning trust earnings and increases in depreciation and accretion expenses and increases in regulatory credits to realign the asset retirement obligation regulatory assets with regulatory treatment . the volume/weather variance is primarily due to an increase of 3129 gwh , or 3% ( 3 % ) , in billed electricity usage primarily due to an increase in sales to industrial customers and the effect of more favorable weather on residential sales . the increase in industrial sales was primarily due to expansions , recovery of a major refining customer from an unplanned outage in 2013 , and continued moderate growth in the manufacturing sector . the miso deferral variance is primarily due to the deferral in 2014 of the non-fuel miso-related charges , as approved by the lpsc and the mpsc , partially offset by the deferral in april 2013 , as approved by the apsc , of costs incurred from march 2010 through december 2012 related to the transition and implementation of joining the miso .\nQuestion: what was the net revenue in 2014?\nAnswer: 5735.0\nQuestion: and what was it in 2013?\nAnswer: 5524.0\nQuestion: by how much, then, did it change over the year?\nAnswer: 211.0\nQuestion: and what is this change as a percent of the 2013 net revenue?\nAnswer: 0.0382\nQuestion: and in this same year, what percentage of this net revenue was due to the retail electric price?\n"
},
{
"role": "agent",
"content": "0.02444"
}
] |
CONVFINQA5341
|
[
{
"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\naugusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business . consumer packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>sales</td><td>$ 2940</td><td>$ 3403</td><td>$ 3435</td></tr><tr><td>3</td><td>operating profit ( loss )</td><td>-25 ( 25 )</td><td>178</td><td>161</td></tr></table> north american consumer packaging net sales were $ 1.9 billion in 2015 compared with $ 2.0 billion in 2014 and $ 2.0 billion in 2013 . operating profits were $ 81 million ( $ 91 million excluding the cost associated with the planned conversion of our riegelwood mill to 100% ( 100 % ) pulp production , net of proceeds from the sale of the carolina coated bristols brand , and sheet plant closure costs ) in 2015 compared with $ 92 million ( $ 100 million excluding sheet plant closure costs ) in 2014 and $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 . coated paperboard sales volumes in 2015 were lower than in 2014 reflecting weaker market demand . the business took about 77000 tons of market-related downtime in 2015 compared with about 41000 tons in 2014 . average sales price realizations increased modestly year over year as competitive pressures in the current year only partially offset the impact of sales price increases implemented in 2014 . input costs decreased for energy and chemicals , but wood costs increased . planned maintenance downtime costs were $ 10 million lower in 2015 . operating costs were higher , mainly due to inflation and overhead costs . foodservice sales volumes increased in 2015 compared with 2014 reflecting strong market demand . average sales margins increased due to lower resin costs and a more favorable mix . operating costs and distribution costs were both higher . looking ahead to the first quarter of 2016 , coated paperboard sales volumes are expected to be slightly lower than in the fourth quarter of 2015 due to our exit from the coated bristols market . average sales price realizations are expected to be flat , but margins should benefit from a more favorable product mix . input costs are expected to be higher for wood , chemicals and energy . planned maintenance downtime costs should be $ 4 million higher with a planned maintenance outage scheduled at our augusta mill in the first quarter . foodservice sales volumes are expected to be seasonally lower . average sales margins are expected to improve due to a more favorable mix . operating costs are expected to decrease . european consumer packaging net sales in 2015 were $ 319 million compared with $ 365 million in 2014 and $ 380 million in 2013 . operating profits in 2015 were $ 87 million compared with $ 91 million in 2014 and $ 100 million in 2013 . sales volumes in 2015 compared with 2014 increased in europe , but decreased in russia . average sales margins improved in russia due to slightly higher average sales price realizations and a more favorable mix . in europe average sales margins decreased reflecting lower average sales price realizations and an unfavorable mix . input costs were lower in europe , primarily for wood and energy , but were higher in russia , primarily for wood . looking forward to the first quarter of 2016 , compared with the fourth quarter of 2015 , sales volumes are expected to be stable . average sales price realizations are expected to be slightly higher in both russia and europe . input costs are expected to be flat , while operating costs are expected to increase . asian consumer packaging the company sold its 55% ( 55 % ) equity share in the ip-sun jv in october 2015 . net sales and operating profits presented below include results through september 30 , 2015 . net sales were $ 682 million in 2015 compared with $ 1.0 billion in 2014 and $ 1.1 billion in 2013 . operating profits in 2015 were a loss of $ 193 million ( a loss of $ 19 million excluding goodwill and other asset impairment costs ) compared with losses of $ 5 million in 2014 and $ 2 million in 2013 . sales volumes and average sales price realizations were lower in 2015 due to over-supplied market conditions and competitive pressures . average sales margins were also negatively impacted by a less favorable mix . input costs and freight costs were lower and operating costs also decreased . on october 13 , 2015 , the company finalized the sale of its 55% ( 55 % ) interest in ip asia coated paperboard ( ip- sun jv ) business , within the company's consumer packaging segment , to its chinese coated board joint venture partner , shandong sun holding group co. , ltd . for rmb 149 million ( approximately usd $ 23 million ) . during the third quarter of 2015 , a determination was made that the current book value of the asset group exceeded its estimated fair value of $ 23 million , which was the agreed upon selling price . the 2015 loss includes the net pre-tax impairment charge of $ 174 million ( $ 113 million after taxes ) . a pre-tax charge of $ 186 million was recorded during the third quarter in the company's consumer packaging segment to write down the long-lived assets of this business to their estimated fair value . in the fourth quarter of 2015 , upon the sale and corresponding deconsolidation of ip-sun jv from the company's consolidated balance sheet , final adjustments were made resulting in a reduction of the impairment of $ 12 million . the amount of pre-tax losses related to noncontrolling interest of the ip-sun jv included in the company's consolidated statement of operations for the years ended december 31 , 2015 , 2014 and 2013 were $ 19 million , $ 12 million and $ 8 million , respectively . the amount of pre-tax losses related to the ip-sun jv included in the company's .\nQuestion: what is the value of consumer packaging sales from north american consumer packaging in 2015 times 1000?\nAnswer: 1900.0\nQuestion: what was total sales in 2015?\n"
},
{
"role": "agent",
"content": "2940.0"
}
] |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.