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CONVFINQA10238
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n$ 43.3 million in 2011 compared to $ 34.1 million in 2010 . the retail segment represented 13% ( 13 % ) and 15% ( 15 % ) of the company 2019s total net sales in 2011 and 2010 , respectively . the retail segment 2019s operating income was $ 4.7 billion , $ 3.2 billion , and $ 2.3 billion during 2012 , 2011 , and 2010 respectively . these year-over-year increases in retail operating income were primarily attributable to higher overall net sales that resulted in significantly higher average revenue per store during the respective years . gross margin gross margin for 2012 , 2011 and 2010 are as follows ( in millions , except gross margin percentages ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net sales</td><td>$ 156508</td><td>$ 108249</td><td>$ 65225</td></tr><tr><td>3</td><td>cost of sales</td><td>87846</td><td>64431</td><td>39541</td></tr><tr><td>4</td><td>gross margin</td><td>$ 68662</td><td>$ 43818</td><td>$ 25684</td></tr><tr><td>5</td><td>gross margin percentage</td><td>43.9% ( 43.9 % )</td><td>40.5% ( 40.5 % )</td><td>39.4% ( 39.4 % )</td></tr></table> the gross margin percentage in 2012 was 43.9% ( 43.9 % ) , compared to 40.5% ( 40.5 % ) in 2011 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs , a higher mix of iphone sales , and improved leverage on fixed costs from higher net sales . the increase in gross margin was partially offset by the impact of a stronger u.s . dollar . the gross margin percentage during the first half of 2012 was 45.9% ( 45.9 % ) compared to 41.4% ( 41.4 % ) during the second half of 2012 . the primary drivers of higher gross margin in the first half of 2012 compared to the second half are a higher mix of iphone sales and improved leverage on fixed costs from higher net sales . additionally , gross margin in the second half of 2012 was also affected by the introduction of new products with flat pricing that have higher cost structures and deliver greater value to customers , price reductions on certain existing products , higher transition costs associated with product launches , and continued strengthening of the u.s . dollar ; partially offset by lower commodity costs . the gross margin percentage in 2011 was 40.5% ( 40.5 % ) , compared to 39.4% ( 39.4 % ) in 2010 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs . the company expects to experience decreases in its gross margin percentage in future periods , as compared to levels achieved during 2012 , and the company anticipates gross margin of about 36% ( 36 % ) during the first quarter of 2013 . expected future declines in gross margin are largely due to a higher mix of new and innovative products with flat or reduced pricing that have higher cost structures and deliver greater value to customers and anticipated component cost and other cost increases . future strengthening of the u.s . dollar could further negatively impact gross margin . the foregoing statements regarding the company 2019s expected gross margin percentage in future periods , including the first quarter of 2013 , are forward-looking and could differ from actual results because of several factors including , but not limited to those set forth above in part i , item 1a of this form 10-k under the heading 201crisk factors 201d and those described in this paragraph . in general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global product pricing pressures , increased competition , compressed product life cycles , product transitions and potential increases in the cost of components , as well as potential increases in the costs of outside manufacturing services and a potential shift in the company 2019s sales mix towards products with lower gross margins . in response to competitive pressures , the company expects it will continue to take product pricing actions , which would adversely affect gross margins . gross margins could also be affected by the company 2019s ability to manage product quality and warranty costs effectively and to stimulate demand for certain of its products . due to the company 2019s significant international operations , financial results can be significantly affected in the short-term by fluctuations in exchange rates. .\nQuestion: what was the net change in value of net sales from 2011 to 2012?\nAnswer: 48259.0\nQuestion: what were net sales in 2011?\n"
},
{
"role": "agent",
"content": "108249.0"
}
] |
CONVFINQA7769
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nan average of 7.1 in 2000 . the top 100 largest clients used an average of 11.3 products in 2001 , up from an average of 11.2 in 2000 . state street benefits significantly from its ability to derive revenue from the transaction flows of clients . this occurs through the management of cash positions , including deposit balances and other short-term investment activities , using state street 2019s balance sheet capacity . significant foreign currency transaction volumes provide potential for foreign exchange trading revenue as well . fee revenue total operating fee revenuewas $ 2.8 billion in 2001 , compared to $ 2.7 billion in 2000 , an increase of 6% ( 6 % ) . adjusted for the formation of citistreet , the growth in fee revenue was 8% ( 8 % ) . growth in servicing fees of $ 199million , or 14% ( 14 % ) , was the primary contributor to the increase in fee revenue . this growth primarily reflects several large client wins installed starting in the latter half of 2000 and continuing throughout 2001 , and strength in fee revenue from securities lending . declines in equity market values worldwide offset some of the growth in servicing fees . management fees were down 5% ( 5 % ) , adjusted for the formation of citistreet , reflecting the decline in theworldwide equitymarkets . foreign exchange trading revenue was down 5% ( 5 % ) , reflecting lower currency volatility , and processing fees and other revenue was up 21% ( 21 % ) , primarily due to gains on the sales of investment securities . servicing and management fees are a function of several factors , including the mix and volume of assets under custody and assets under management , securities positions held , and portfolio transactions , as well as types of products and services used by clients . state street estimates , based on a study conducted in 2000 , that a 10% ( 10 % ) increase or decrease in worldwide equity values would cause a corresponding change in state street 2019s total revenue of approximately 2% ( 2 % ) . if bond values were to increase or decrease by 10% ( 10 % ) , state street would anticipate a corresponding change of approximately 1% ( 1 % ) in its total revenue . securities lending revenue in 2001 increased approximately 40% ( 40 % ) over 2000 . securities lending revenue is reflected in both servicing fees and management fees . securities lending revenue is a function of the volume of securities lent and interest rate spreads . while volumes increased in 2001 , the year-over-year increase is primarily due to wider interest rate spreads resulting from the unusual occurrence of eleven reductions in the u.s . federal funds target rate during 2001 . f e e r e v e n u e ( dollars in millions ) 2001 ( 1 ) 2000 1999 ( 2 ) change adjusted change 00-01 ( 3 ) . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001 ( 1 )</td><td>2000</td><td>1999 ( 2 )</td><td>change 00-01</td><td>adjusted change 00-01 ( 3 )</td></tr><tr><td>2</td><td>servicing fees</td><td>$ 1624</td><td>$ 1425</td><td>$ 1170</td><td>14% ( 14 % )</td><td>14% ( 14 % )</td></tr><tr><td>3</td><td>management fees</td><td>511</td><td>581</td><td>600</td><td>-12 ( 12 )</td><td>-5 ( 5 )</td></tr><tr><td>4</td><td>foreign exchange trading</td><td>368</td><td>387</td><td>306</td><td>-5 ( 5 )</td><td>-5 ( 5 )</td></tr><tr><td>5</td><td>processing fees and other</td><td>329</td><td>272</td><td>236</td><td>21</td><td>21</td></tr><tr><td>6</td><td>total fee revenue</td><td>$ 2832</td><td>$ 2665</td><td>$ 2312</td><td>6</td><td>8</td></tr></table> ( 1 ) 2001 results exclude the write-off of state street 2019s total investment in bridge of $ 50 million ( 2 ) 1999 results exclude the one-time charge of $ 57 million related to the repositioning of the investment portfolio ( 3 ) 2000 results adjusted for the formation of citistreet 4 state street corporation .\nQuestion: what is the total fee revenue in 2001?\nAnswer: 2832.0\nQuestion: what about in 2000?\nAnswer: 2665.0\nQuestion: what is the change in total fee revenue between 2000 and 2001?\nAnswer: 167.0\nQuestion: what is the total fee revenue in 2000?\n"
},
{
"role": "agent",
"content": "2665.0"
}
] |
CONVFINQA1140
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\na lump sum buyout cost of approximately $ 1.1 million . total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 893000 , $ 856000 and $ 823000 for the fiscal years ended march 31 , 2001 , 2002 and 2003 , respectively . during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture . these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased at its fair market value . rental expense recorded for these leases during the fiscal years ended march 31 , 2001 , 2002 and 2003 was approximately $ 215000 , $ 215000 and $ 127000 respectively . during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 . this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased at the stipulated buyout price . future minimum lease payments under all non-cancelable operating leases as of march 31 , 2003 are approximately as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>year ending march 31,</td><td>operating leases</td></tr><tr><td>2</td><td>2004</td><td>$ 781</td></tr><tr><td>3</td><td>2005</td><td>776</td></tr><tr><td>4</td><td>2006</td><td>776</td></tr><tr><td>5</td><td>2007</td><td>769</td></tr><tr><td>6</td><td>2008</td><td>772</td></tr><tr><td>7</td><td>thereafter</td><td>1480</td></tr><tr><td>8</td><td>total future minimum lease payments</td><td>$ 5354</td></tr></table> from time to time , the company is involved in legal and administrative proceedings and claims of various types . while any litigation contains an element of uncertainty , management , in consultation with the company 2019s general counsel , presently believes that the outcome of each such other proceedings or claims which are pending or known to be threatened , or all of them combined , will not have a material adverse effect on the company . 7 . stock option and purchase plans all stock options granted by the company under the below-described plans were granted at the fair value of the underlying common stock at the date of grant . outstanding stock options , if not exercised , expire 10 years from the date of grant . the 1992 combination stock option plan ( the combination plan ) , as amended , was adopted in september 1992 as a combination and restatement of the company 2019s then outstanding incentive stock option plan and nonqualified plan . a total of 2670859 options were awarded from the combination plan during its ten-year restatement term that ended on may 1 , 2002 . as of march 31 , 2003 , 1286042 of these options remain outstanding and eligible for future exercise . these options are held by company employees and generally become exercisable ratably over five years . the 1998 equity incentive plan , ( the equity incentive plan ) , was adopted by the company in august 1998 . the equity incentive plan provides for grants of options to key employees , directors , advisors and consultants as either incentive stock options or nonqualified stock options as determined by the company 2019s board of directors . a maximum of 1000000 shares of common stock may be awarded under this plan . options granted under the equity incentive plan are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant . options outstanding under the equity incentive plan have vesting periods of 3 to 5 years from the date of grant . the 2000 stock incentive plan , ( the 2000 plan ) , was adopted by the company in august 2000 . the 2000 plan provides for grants of options to key employees , directors , advisors and consultants to the company or its subsidiaries as either incentive or nonqualified stock options as determined by the company 2019s board of directors . up to 1400000 shares of common stock may be awarded under the 2000 plan and are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant . options outstanding under the 2000 plan generally vested 4 years from the date of grant . the company has a nonqualified stock option plan for non-employee directors ( the directors 2019 plan ) . the directors 2019 plan , as amended , was adopted in july 1989 and provides for grants of options to purchase shares of the company 2019s common stock to non-employee directors of the company . up to 400000 shares of common stock may be awarded under the directors 2019 plan . options outstanding under the directors 2019 plan have vesting periods of 1 to 5 years from the date of grant . notes to consolidated financial statements ( continued ) march 31 , 2003 page 25 .\nQuestion: what is the minimum future lease payments due in 2004?\nAnswer: 781.0\nQuestion: what is the value for those due in 2005?\n"
},
{
"role": "agent",
"content": "776.0"
}
] |
CONVFINQA3961
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\naverage revenue per car 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . <table class='wikitable'><tr><td>1</td><td>average revenue per car</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>agricultural</td><td>$ 3286</td><td>$ 3080</td><td>$ 3352</td><td>7% ( 7 % )</td><td>( 8 ) % ( % )</td></tr><tr><td>3</td><td>automotive</td><td>2082</td><td>1838</td><td>2017</td><td>13</td><td>-9 ( 9 )</td></tr><tr><td>4</td><td>chemicals</td><td>2874</td><td>2761</td><td>2818</td><td>4</td><td>-2 ( 2 )</td></tr><tr><td>5</td><td>energy</td><td>1697</td><td>1543</td><td>1622</td><td>10</td><td>-5 ( 5 )</td></tr><tr><td>6</td><td>industrial products</td><td>2461</td><td>2388</td><td>2620</td><td>3</td><td>-9 ( 9 )</td></tr><tr><td>7</td><td>intermodal</td><td>974</td><td>896</td><td>955</td><td>9</td><td>-6 ( 6 )</td></tr><tr><td>8</td><td>average</td><td>$ 1823</td><td>$ 1718</td><td>$ 1848</td><td>6% ( 6 % )</td><td>( 7 ) % ( % )</td></tr></table> agricultural products 2013 higher volume , fuel surcharges , and price improvements increased agricultural freight revenue in 2010 versus 2009 . increased shipments from the midwest to export ports in the pacific northwest combined with heightened demand in mexico drove higher corn and feed grain shipments in 2010 . increased corn and feed grain shipments into ethanol plants in california and idaho and continued growth in ethanol shipments also contributed to this increase . in 2009 , some ethanol plants temporarily ceased operations due to lower ethanol margins , which contributed to the favorable year-over-year comparison . in addition , strong export demand for u.s . wheat via the gulf ports increased shipments of wheat and food grains compared to 2009 . declines in domestic wheat and food shipments partially offset the growth in export shipments . new business in feed and animal protein shipments also increased agricultural shipments in 2010 compared to 2009 . lower volume and fuel surcharges decreased agricultural freight revenue in 2009 versus 2008 . price improvements partially offset these declines . lower demand in both export and domestic markets led to fewer shipments of corn and feed grains , down 11% ( 11 % ) in 2009 compared to 2008 . weaker worldwide demand also reduced export shipments of wheat and food grains in 2009 versus 2008 . automotive 2013 37% ( 37 % ) and 24% ( 24 % ) increases in shipments of finished vehicles and automotive parts in 2010 , respectively , combined with core pricing gains and fuel surcharges , improved automotive freight revenue from relatively weak 2009 levels . economic conditions in 2009 led to poor auto sales and reduced vehicle production , which in turn reduced shipments of finished vehicles and parts during the declines in shipments of finished vehicles and auto parts and lower fuel surcharges reduced freight revenue in 2009 compared to 2008 . vehicle shipments were down 35% ( 35 % ) and parts were down 24% ( 24 % ) . core pricing gains partially offset these declines . these volume declines resulted from economic conditions that reduced sales and vehicle production . in addition , two major domestic automotive manufacturers declared bankruptcy in the second quarter of 2009 , affecting production levels . although the federal car allowance rebate system ( the 201ccash for clunkers 201d program ) helped stimulate vehicle sales and shipments in the third quarter of 2009 , production cuts and soft demand throughout the year more than offset the program 2019s benefits . 2010 agricultural revenue 2010 automotive revenue .\nQuestion: what is the sum of revenue in agriculture in 2009 and 2010?\nAnswer: 6366.0\nQuestion: what is the revenue in 2008?\nAnswer: 3352.0\nQuestion: what is the total sum?\n"
},
{
"role": "agent",
"content": "9718.0"
}
] |
CONVFINQA2392
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\naffected by lower sales volume of cabinets , the divestiture of our arrow and moores businesses , and an unfavorable sales mix of international plumbing products , which , in aggregate , decreased sales by approximately two percent compared to 2016 . net sales for 2016 were positively affected by increased sales volume of plumbing products , paints and other coating products and builders' hardware , which , in aggregate , increased sales by approximately five percent compared to 2015 . net sales for 2016 were also positively affected by favorable sales mix of cabinets and windows , and net selling price increases of north american windows and north american and international plumbing products , which , in aggregate , increased sales approximately one percent . net sales for 2016 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products , which , in aggregate , decreased sales by approximately two percent . net sales for 2015 were positively affected by increased sales volume of plumbing products , paints and other coating products , windows and builders' hardware . net sales for 2015 were also positively affected by net selling price increases of plumbing products , cabinets and windows , as well as sales mix of north american cabinets and windows . net sales for 2015 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products . our gross profit margins were 34.2 percent , 33.4 percent and 31.5 percent in 2017 , 2016 and 2015 , respectively . the 2017 and 2016 gross profit margins were positively impacted by increased sales volume , a more favorable relationship between net selling prices and commodity costs , and cost savings initiatives . 2016 gross profit margins were negatively impacted by an increase in warranty costs resulting from a change in our estimate of expected future warranty claim costs . selling , general and administrative expenses as a percent of sales were 18.9 percent in 2017 compared with 19.1 percent in 2016 and 18.7 percent in 2015 . selling , general and administrative expenses as a percent of sales in 2017 reflect increased sales and the effect of cost containment measures , partially offset by an increase in strategic growth investments , stock-based compensation , health insurance costs and trade show costs . selling , general and administrative expenses as a percent of sales in 2016 reflect strategic growth investments , erp system implementation costs and higher insurance costs . the following table reconciles reported operating profit to operating profit , as adjusted to exclude certain items , dollars in millions: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>operating profit as reported</td><td>$ 1169</td><td>$ 1053</td><td>$ 914</td></tr><tr><td>3</td><td>rationalization charges</td><td>4</td><td>22</td><td>18</td></tr><tr><td>4</td><td>gain from sale of property and equipment</td><td>2014</td><td>2014</td><td>-5 ( 5 )</td></tr><tr><td>5</td><td>operating profit as adjusted</td><td>$ 1173</td><td>$ 1075</td><td>$ 927</td></tr><tr><td>6</td><td>operating profit margins as reported</td><td>15.3% ( 15.3 % )</td><td>14.3% ( 14.3 % )</td><td>12.8% ( 12.8 % )</td></tr><tr><td>7</td><td>operating profit margins as adjusted</td><td>15.3% ( 15.3 % )</td><td>14.6% ( 14.6 % )</td><td>13.0% ( 13.0 % )</td></tr></table> operating profit margins in 2017 and 2016 were positively affected by increased sales volume , cost savings initiatives , and a more favorable relationship between net selling prices and commodity costs . operating profit margin in 2017 was negatively impacted by an increase in strategic growth investments and certain other expenses , including stock-based compensation , health insurance costs , trade show costs and increased head count . operating profit margin in 2016 was negatively impacted by an increase in warranty costs by a business in our windows and other specialty products segment and an increase in strategic growth investments , as well as erp system implementation costs and higher insurance costs . .......................................................... . .................................................................. . ..................................... . ........................................................ . ............................................ . ............................................. .\nQuestion: what were gross profit margins in 2017?\nAnswer: 34.2\nQuestion: and in 2016?\n"
},
{
"role": "agent",
"content": "33.4"
}
] |
CONVFINQA3059
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npollutants discharged to waters of the united states and remediation of waters affected by such discharge . to our knowledge , we are in compliance with all material requirements associated with the various regulations . the united states congress is actively considering legislation to reduce emissions of greenhouse gases , including carbon dioxide and methane . in addition , state and regional initiatives to regulate greenhouse gas emissions are underway . we are monitoring federal and state legislation to assess the potential impact on our operations . our most recent calculation of direct greenhouse gas emissions for oneok and oneok partners is estimated to be less than 6 million metric tons of carbon dioxide equivalents on an annual basis . we will continue efforts to quantify our direct greenhouse gas emissions and will report such emissions as required by any mandatory reporting rule , including the rules anticipated to be issued by the epa in mid-2009 . superfund - the comprehensive environmental response , compensation and liability act , also known as cercla or superfund , imposes liability , without regard to fault or the legality of the original act , on certain classes of persons who contributed to the release of a hazardous substance into the environment . these persons include the owner or operator of a facility where the release occurred and companies that disposed or arranged for the disposal of the hazardous substances found at the facility . under cercla , these persons may be liable for the costs of cleaning up the hazardous substances released into the environment , damages to natural resources and the costs of certain health studies . chemical site security - the united states department of homeland security ( homeland security ) released an interim rule in april 2007 that requires companies to provide reports on sites where certain chemicals , including many hydrocarbon products , are stored . we completed the homeland security assessments and our facilities were subsequently assigned to one of four risk-based tiers ranging from high ( tier 1 ) to low ( tier 4 ) risk , or not tiered at all due to low risk . a majority of our facilities were not tiered . we are waiting for homeland security 2019s analysis to determine if any of the tiered facilities will require site security plans and possible physical security enhancements . climate change - our environmental and climate change strategy focuses on taking steps to minimize the impact of our operations on the environment . these strategies include : ( i ) developing and maintaining an accurate greenhouse gas emissions inventory , according to rules anticipated to be issued by the epa in mid-2009 ; ( ii ) improving the efficiency of our various pipelines , natural gas processing facilities and natural gas liquids fractionation facilities ; ( iii ) following developing technologies for emission control ; ( iv ) following developing technologies to capture carbon dioxide to keep it from reaching the atmosphere ; and ( v ) analyzing options for future energy investment . currently , certain subsidiaries of oneok partners participate in the processing and transmission sectors and ldcs in our distribution segment participate in the distribution sector of the epa 2019s natural gas star program to voluntarily reduce methane emissions . a subsidiary in our oneok partners 2019 segment was honored in 2008 as the 201cnatural gas star gathering and processing partner of the year 201d for its efforts to positively address environmental issues through voluntary implementation of emission-reduction opportunities . in addition , we continue to focus on maintaining low rates of lost-and- unaccounted-for methane gas through expanded implementation of best practices to limit the release of methane during pipeline and facility maintenance and operations . our most recent calculation of our annual lost-and-unaccounted-for natural gas , for all of our business operations , is less than 1 percent of total throughput . employees we employed 4742 people at january 31 , 2009 , including 739 people employed by kansas gas service , who were subject to collective bargaining contracts . the following table sets forth our contracts with collective bargaining units at january 31 , employees contract expires . <table class='wikitable'><tr><td>1</td><td>union</td><td>employees</td><td>contract expires</td></tr><tr><td>2</td><td>united steelworkers of america</td><td>414</td><td>june 30 2009</td></tr><tr><td>3</td><td>international union of operating engineers</td><td>13</td><td>june 30 2009</td></tr><tr><td>4</td><td>international brotherhood of electrical workers</td><td>312</td><td>june 30 2010</td></tr></table> .\nQuestion: in january 2009, what was the number of employees that were subject to collective bargaining contracts?\nAnswer: 739.0\nQuestion: and what was the total number of employees?\nAnswer: 4742.0\nQuestion: what percentage, then, of this total, do the employees subject to collective bargaining contracts represent?\nAnswer: 0.15584\nQuestion: and what percentage did the employees that are members of international brotherhood of electrical workers represent?\n"
},
{
"role": "agent",
"content": "0.0658"
}
] |
CONVFINQA5298
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nrisks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . 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>2016</td><td>$ 301.2</td></tr><tr><td>4</td><td>2015</td><td>53.8</td></tr><tr><td>5</td><td>2014</td><td>56.3</td></tr><tr><td>6</td><td>2013</td><td>194.0</td></tr><tr><td>7</td><td>2012</td><td>410.0</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .\nQuestion: what was the total of pre-tax catastrophe losses in the years of 2015 and 2016, combined?\nAnswer: 355.0\nQuestion: including the year of 2014, what would then be the total of pre-tax catastrophe losses for the three years?\nAnswer: 411.3\nQuestion: what was the total of pre-tax catastrophe losses in 2013?\n"
},
{
"role": "agent",
"content": "194.0"
}
] |
CONVFINQA2224
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nadvance auto parts , inc . and subsidiaries notes to consolidated financial statements 2013 ( continued ) december 30 , 2006 , december 31 , 2005 and january 1 , 2005 ( in thousands , except per share data ) 8 . inventories , net inventories are stated at the lower of cost or market , cost being determined using the last-in , first-out ( \"lifo\" ) method for approximately 93% ( 93 % ) of inventories at both december 30 , 2006 and december 31 , 2005 . under the lifo method , the company 2019s cost of sales reflects the costs of the most currently purchased inventories while the inventory carrying balance represents the costs relating to prices paid in prior years . the company 2019s costs to acquire inventory have been generally decreasing in recent years as a result of its significant growth . accordingly , the cost to replace inventory is less than the lifo balances carried for similar product . as a result of the lifo method and the ability to obtain lower product costs , the company recorded a reduction to cost of sales of $ 9978 for fiscal year ended 2006 , an increase in cost of sales of $ 526 for fiscal year ended 2005 and a reduction to cost of sales of $ 11212 for fiscal year ended 2004 . the remaining inventories are comprised of product cores , which consist of the non-consumable portion of certain parts and batteries and are valued under the first-in , first-out ( \"fifo\" ) method . core values are included as part of our merchandise costs and are either passed on to the customer or returned to the vendor . additionally , these products are not subject to the frequent cost changes like our other merchandise inventory , thus , there is no material difference from applying either the lifo or fifo valuation methods . the company capitalizes certain purchasing and warehousing costs into inventory . purchasing and warehousing costs included in inventory , at fifo , at december 30 , 2006 and december 31 , 2005 , were $ 95576 and $ 92833 , respectively . inventories consist of the following : december 30 , december 31 , 2006 2005 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 30 2006</td><td>december 31 2005</td></tr><tr><td>2</td><td>inventories at fifo net</td><td>$ 1380573</td><td>$ 1294310</td></tr><tr><td>3</td><td>adjustments to state inventories at lifo</td><td>82767</td><td>72789</td></tr><tr><td>4</td><td>inventories at lifo net</td><td>$ 1463340</td><td>$ 1367099</td></tr></table> replacement cost approximated fifo cost at december 30 , 2006 and december 31 , 2005 . inventory quantities are tracked through a perpetual inventory system . the company uses a cycle counting program in all distribution centers , parts delivered quickly warehouses , or pdqs , local area warehouses , or laws , and retail stores to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory . the company establishes reserves for estimated shrink based on historical accuracy and effectiveness of the cycle counting program . the company also establishes reserves for potentially excess and obsolete inventories based on current inventory levels and the historical analysis of product sales and current market conditions . the nature of the company 2019s inventory is such that the risk of obsolescence is minimal and excess inventory has historically been returned to the company 2019s vendors for credit . the company provides reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs . the company 2019s reserves against inventory for these matters were $ 31376 and $ 22825 at december 30 , 2006 and december 31 , 2005 , respectively . 9 . property and equipment : property and equipment are stated at cost , less accumulated depreciation . expenditures for maintenance and repairs are charged directly to expense when incurred ; major improvements are capitalized . when items are sold or retired , the related cost and accumulated depreciation are removed from the accounts , with any gain or loss reflected in the consolidated statements of operations . depreciation of land improvements , buildings , furniture , fixtures and equipment , and vehicles is provided over the estimated useful lives , which range from 2 to 40 years , of the respective assets using the straight-line method. .\nQuestion: what was the change in the total of inventories due to the adoption of lifo during 2006?\nAnswer: 82767.0\nQuestion: and what was that total in the beginning of the year?\nAnswer: 1380573.0\nQuestion: how much, then, does that change represent in relation to this total, in percentage?\nAnswer: 0.05995\nQuestion: and for the year of 2005, how much does the change in the total of inventories represent in relation to that in the beginning of the year, in percentage?\n"
},
{
"role": "agent",
"content": "0.05624"
}
] |
CONVFINQA399
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nchallenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .\nQuestion: what is the value of alternative assets in 2012?\n"
},
{
"role": "agent",
"content": "109795.0"
}
] |
CONVFINQA7856
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\napproximately $ 55 million , which is reported as 201cinvestments 201d in the consolidated balance sheet and as 201cpurchases of marketable securities and investments 201d in the consolidated statement of cash flows . the recovery of approximately $ 25 million of this investment in 2007 reduced 201cinvestments 201d and is shown in cash flows within 201cproceeds from sale of marketable securities and investments . 201d this investment is discussed in more detail under the preceding section entitled industrial and transportation business . additional purchases of investments include additional survivor benefit insurance and equity investments . cash flows from financing activities : years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>change in short-term debt 2014 net</td><td>$ -1222 ( 1222 )</td><td>$ 882</td><td>$ -258 ( 258 )</td></tr><tr><td>3</td><td>repayment of debt ( maturities greater than 90 days )</td><td>-1580 ( 1580 )</td><td>-440 ( 440 )</td><td>-656 ( 656 )</td></tr><tr><td>4</td><td>proceeds from debt ( maturities greater than 90 days )</td><td>4024</td><td>693</td><td>429</td></tr><tr><td>5</td><td>total cash change in debt</td><td>$ 1222</td><td>$ 1135</td><td>$ -485 ( 485 )</td></tr><tr><td>6</td><td>purchases of treasury stock</td><td>-3239 ( 3239 )</td><td>-2351 ( 2351 )</td><td>-2377 ( 2377 )</td></tr><tr><td>7</td><td>reissuances of treasury stock</td><td>796</td><td>523</td><td>545</td></tr><tr><td>8</td><td>dividends paid to stockholders</td><td>-1380 ( 1380 )</td><td>-1376 ( 1376 )</td><td>-1286 ( 1286 )</td></tr><tr><td>9</td><td>excess tax benefits from stock-based compensation</td><td>74</td><td>60</td><td>54</td></tr><tr><td>10</td><td>distributions to minority interests and other 2014 net</td><td>-20 ( 20 )</td><td>-52 ( 52 )</td><td>-76 ( 76 )</td></tr><tr><td>11</td><td>net cash used in financing activities</td><td>$ -2547 ( 2547 )</td><td>$ -2061 ( 2061 )</td><td>$ -3625 ( 3625 )</td></tr></table> total debt at december 31 , 2007 , was $ 4.920 billion , up from $ 3.553 billion at year-end 2006 . the net change in short-term debt is primarily due to commercial paper activity . in 2007 , the repayment of debt for maturities greater than 90 days is primarily comprised of commercial paper repayments of approximately $ 1.15 billion and the november 2007 redemption of approximately $ 322 million in convertible notes . in 2007 , proceeds from debt included long-term debt and commercial paper issuances totaling approximately $ 4 billion . this was comprised of eurobond issuances in december 2007 and july 2007 totaling approximately $ 1.5 billion in u.s . dollars , a march 2007 long-term debt issuance of $ 750 million and a december 2007 fixed rate note issuance of $ 500 million , plus commercial paper issuances ( maturities greater than 90 days ) of approximately $ 1.25 billion . increases in long-term debt have been used , in part , to fund share repurchase activities . the company accelerated purchases of treasury stock when compared to prior years , buying back $ 3.2 billion in shares in 2007 . total debt was 30% ( 30 % ) of total capital ( total capital is defined as debt plus equity ) , compared with 26% ( 26 % ) at year-end 2006 . debt securities , including 2007 debt issuances , the company 2019s shelf registration , dealer remarketable securities and convertible notes , are all discussed in more detail in note 10 . 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 . on june 15 , 2007 , the company registered 150718 shares of the company's common stock under this shelf on behalf of and for the sole benefit of the selling stockholders in connection with the company's acquisition of assets of diamond productions , inc . the company intends to use the proceeds from future securities sales off this shelf for general corporate purposes . in connection with this shelf registration , in june 2007 the company established a medium-term notes program through which up to $ 3 billion of medium-term notes may be offered . in december 2007 , 3m issued a five-year , $ 500 million , fixed rate note with a coupon rate of 4.65% ( 4.65 % ) under this medium-term notes program . this program has a remaining capacity of $ 2.5 billion as of december 31 , 2007 . the company 2019s $ 350 million of dealer remarketable securities ( classified as current portion of long-term debt ) were remarketed for one year in december 2007 . at december 31 , 2007 , $ 350 million of dealer remarketable securities ( final maturity 2010 ) and $ 62 million of floating rate notes ( final maturity 2044 ) are classified as current portion of long- term debt as the result of put provisions associated with these debt instruments . the company has convertible notes with a book value of $ 222 million at december 31 , 2007 . the next put option date for these convertible notes is november 2012 . in november 2007 , 364598 outstanding bonds were redeemed resulting in a payout from 3m of approximately $ 322 million . repurchases of common stock are made to support the company 2019s stock-based employee compensation plans and for other corporate purposes . in february 2007 , 3m 2019s board of directors authorized a two-year share repurchase of up to $ 7.0 billion for the period from february 12 , 2007 to february 28 , 2009 . as of december 31 , 2007 , approximately $ 4.1 billion remained available for repurchase . refer to the table titled 201cissuer purchases of equity securities 201d in part ii , item 5 , for more information. .\nQuestion: what was the debt amount in 2007?\nAnswer: 4.92\nQuestion: and what was it in 2006?\nAnswer: 3.553\nQuestion: what was, then, the change over the year?\n"
},
{
"role": "agent",
"content": "1.367"
}
] |
CONVFINQA10590
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy corporation and subsidiaries management's financial discussion and analysis other income ( deductions ) changed from $ 47.6 million in 2002 to ( $ 36.0 million ) in 2003 primarily due to a decrease in \"miscellaneous - net\" as a result of a $ 107.7 million accrual in the second quarter of 2003 for the loss that would be associated with a final , non-appealable decision disallowing abeyed river bend plant costs . see note 2 to the consolidated financial statements for more details regarding the river bend abeyed plant costs . the decrease was partially offset by an increase in interest and dividend income as a result of the implementation of sfas 143 . interest on long-term debt decreased from $ 462.0 million in 2002 to $ 433.5 million in 2003 primarily due to the redemption and refinancing of long-term debt . non-utility nuclear following are key performance measures for non-utility nuclear: . <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 mw in operation at december 31</td><td>4058</td><td>4001</td><td>3955</td></tr><tr><td>3</td><td>average realized price per mwh</td><td>$ 41.26</td><td>$ 39.38</td><td>$ 40.07</td></tr><tr><td>4</td><td>generation in gwh for the year</td><td>32524</td><td>32379</td><td>29953</td></tr><tr><td>5</td><td>capacity factor for the year</td><td>92% ( 92 % )</td><td>92% ( 92 % )</td><td>93% ( 93 % )</td></tr></table> 2004 compared to 2003 the decrease in earnings for non-utility nuclear from $ 300.8 million to $ 245.0 million was primarily due to the $ 154.5 million net-of-tax cumulative effect of a change in accounting principle that increased earnings in the first quarter of 2003 upon implementation of sfas 143 . see \"critical accounting estimates - sfas 143\" below for discussion of the implementation of sfas 143 . earnings before the cumulative effect of accounting change increased by $ 98.7 million primarily due to the following : 2022 lower operation and maintenance expenses , which decreased from $ 681.8 million in 2003 to $ 595.7 million in 2004 , primarily resulting from charges recorded in 2003 in connection with the voluntary severance program ; 2022 higher revenues , which increased from $ 1.275 billion in 2003 to $ 1.342 billion in 2004 , primarily resulting from higher contract pricing . the addition of a support services contract for the cooper nuclear station and increased generation in 2004 due to power uprates completed in 2003 and fewer planned and unplanned outages in 2004 also contributed to the higher revenues ; and 2022 miscellaneous income resulting from a reduction in the decommissioning liability for a plant , as discussed in note 8 to the consolidated financial statements . partially offsetting this increase were the following : 2022 higher income taxes , which increased from $ 88.6 million in 2003 to $ 142.6 million in 2004 ; and 2022 higher depreciation expense , which increased from $ 34.3 million in 2003 to $ 48.9 million in 2004 , due to additions to plant in service . 2003 compared to 2002 the increase in earnings for non-utility nuclear from $ 200.5 million to $ 300.8 million was primarily due to the $ 154.5 million net-of-tax cumulative effect of a change in accounting principle recognized in the first quarter of 2003 upon implementation of sfas 143 . see \"critical accounting estimates - sfas 143\" below for discussion of the implementation of sfas 143 . income before the cumulative effect of accounting change decreased by $ 54.2 million . the decrease was primarily due to $ 83.0 million ( $ 50.6 million net-of-tax ) of charges recorded in connection with the voluntary severance program . except for the effect of the voluntary severance program , operation and maintenance expenses in 2003 per mwh of generation were in line with 2002 operation and maintenance expenses. .\nQuestion: what value of gwh was generated in 2004?\nAnswer: 32524.0\nQuestion: what about in 2003?\nAnswer: 32379.0\nQuestion: what is net change in generated gwh?\nAnswer: 145.0\nQuestion: what value of gwh was generated in 2003?\nAnswer: 32379.0\nQuestion: what growth rate does this represent?\n"
},
{
"role": "agent",
"content": "0.00448"
}
] |
CONVFINQA1088
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following table summarizes the changes in the total amounts of unrealized tax benefits for fiscal 2009 through fiscal 2011. . <table class='wikitable'><tr><td>1</td><td>balance november 1 2008</td><td>$ 13750</td></tr><tr><td>2</td><td>additions for tax positions of 2009</td><td>4411</td></tr><tr><td>3</td><td>balance october 31 2009</td><td>18161</td></tr><tr><td>4</td><td>additions for tax positions of 2010</td><td>286</td></tr><tr><td>5</td><td>balance october 30 2010</td><td>$ 18447</td></tr><tr><td>6</td><td>additions for tax positions related to prior years</td><td>9265</td></tr><tr><td>7</td><td>reductions for tax positions related to prior years</td><td>-17677 ( 17677 )</td></tr><tr><td>8</td><td>settlements with taxing authorities</td><td>-370 ( 370 )</td></tr><tr><td>9</td><td>balance october 29 2011</td><td>$ 9665</td></tr></table> fiscal years 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the internal revenue service ( irs ) completed its field examination of the company 2019s fiscal years 2004 and 2005 . on january 2 , 2008 , the irs issued its report for fiscal 2004 and 2005 , which included four proposed adjustments related to these two fiscal years that the company protested to the irs appeals office . two of the unresolved matters were one-time issues that pertain to section 965 of the internal revenue code related to the beneficial tax treatment of dividends paid from foreign owned companies under the american jobs creation act . the other matters pertained to the computation of the research and development ( r&d ) tax credit and certain profits earned from manufacturing activities carried on outside the united states . the company recorded a tax liability for a portion of the proposed r&d tax credit adjustment . these four items had an additional potential tax liability of $ 46 million . the company concluded , based on discussions with its tax advisors , that these items were not likely to result in any additional tax liability . therefore , the company did not record a tax liability for these items . during the second quarter of fiscal 2011 , the company reached settlement with the irs appeals office on three of the four items under protest . the remaining unresolved matter is a one-time issue pertaining to section 965 of the internal revenue code related to the beneficial tax treatment of dividends from foreign owned companies under the american jobs creation act . the company will file a petition with the tax court with respect to this open matter . the potential liability for this adjustment is $ 36.5 million . the company has concluded , based on discussions with its tax advisors , that this item is not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for this issue . fiscal years 2006 and 2007 irs examination during the third quarter of fiscal 2009 , the irs completed its field examination of the company 2019s fiscal years 2006 and 2007 . the irs and the company agreed on the treatment of a number of issues that have been included in an issue resolutions agreement related to the 2006 and 2007 tax returns . however , no agreement was reached on the tax treatment of a number of issues for the fiscal 2006 and fiscal 2007 years , including the same r&d tax credit and foreign manufacturing issues mentioned above related to fiscal 2004 and 2005 , the pricing of intercompany sales ( transfer pricing ) and the deductibility of certain stock option compensation expenses . the company recorded taxes related to a portion of the proposed r&d tax credit adjustment . these four items had an additional potential total tax liability of $ 195 million . the company concluded , based on discussions with its tax advisors that these items were not likely to result in any additional tax liability . therefore , the company did not record any additional tax liability for these items and appealed these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . during the second quarter of fiscal 2011 , the company reached an agreement with the irs appeals office on three of the four protested items , two of which were the same issues settled relating to the 2004 and 2005 fiscal years . transfer pricing remained as the only item under protest with the irs appeals office related to the fiscal analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what is the sum of additions for tax positions related to prior years and reductions for tax positions related to prior years?\nAnswer: -8412.0\nQuestion: what is the value of settlements with taxing authorities?\n"
},
{
"role": "agent",
"content": "-370.0"
}
] |
CONVFINQA7207
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncdw corporation and subsidiaries notes to consolidated financial statements holders of class b common units in connection with the distribution is subject to any vesting provisions previously applicable to the holder 2019s class b common units . class b common unit holders received 3798508 shares of restricted stock with respect to class b common units that had not yet vested at the time of the distribution . for the year ended december 31 , 2013 , 1200544 shares of such restricted stock vested/settled and 5931 shares were forfeited . as of december 31 , 2013 , 2592033 shares of restricted stock were outstanding . stock options in addition , in connection with the ipo , the company issued 1268986 stock options to the class b common unit holders to preserve their fully diluted equity ownership percentage . these options were issued with a per-share exercise price equal to the ipo price of $ 17.00 and are also subject to the same vesting provisions as the class b common units to which they relate . the company also granted 19412 stock options under the 2013 ltip during the year ended december 31 , 2013 . restricted stock units ( 201crsus 201d ) in connection with the ipo , the company granted 1416543 rsus under the 2013 ltip at a weighted- average grant-date fair value of $ 17.03 per unit . the rsus cliff-vest at the end of four years . valuation information the company attributes the value of equity-based compensation awards to the various periods during which the recipient must perform services in order to vest in the award using the straight-line method . post-ipo equity awards the company has elected to use the black-scholes option pricing model to estimate the fair value of stock options granted . the black-scholes option pricing model incorporates various assumptions including volatility , expected term , risk-free interest rates and dividend yields . the assumptions used to value the stock options granted during the year ended december 31 , 2013 are presented below . year ended december 31 , assumptions 2013 . <table class='wikitable'><tr><td>1</td><td>assumptions</td><td>year ended december 31 2013</td></tr><tr><td>2</td><td>weighted-average grant date fair value</td><td>$ 4.75</td></tr><tr><td>3</td><td>weighted-average volatility ( 1 )</td><td>35.00% ( 35.00 % )</td></tr><tr><td>4</td><td>weighted-average risk-free rate ( 2 )</td><td>1.58% ( 1.58 % )</td></tr><tr><td>5</td><td>dividend yield</td><td>1.00% ( 1.00 % )</td></tr><tr><td>6</td><td>expected term ( in years ) ( 3 )</td><td>5.4</td></tr></table> expected term ( in years ) ( 3 ) . . . . . . . . . . . . . . . . . . . . . . . . . 5.4 ( 1 ) based upon an assessment of the two-year , five-year and implied volatility for the company 2019s selected peer group , adjusted for the company 2019s leverage . ( 2 ) based on a composite u.s . treasury rate . ( 3 ) the expected term is calculated using the simplified method . the simplified method defines the expected term as the average of the option 2019s contractual term and the option 2019s weighted-average vesting period . the company utilizes this method as it has limited historical stock option data that is sufficient to derive a reasonable estimate of the expected stock option term. .\nQuestion: how many common units were not vested at the time fo distribution?\nAnswer: 5931.0\nQuestion: what about the number of shares of restricted stock vested/settled?\nAnswer: 1200544.0\nQuestion: what is the total of these two?\nAnswer: 1206475.0\nQuestion: what proportion of total restricted stock does this represent?\n"
},
{
"role": "agent",
"content": "0.31762"
}
] |
CONVFINQA3335
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . <table class='wikitable'><tr><td>1</td><td>-</td><td>share awards</td><td>weighted average grant-date fair value</td></tr><tr><td>2</td><td>non-vested at may 31 2007</td><td>278</td><td>$ 37</td></tr><tr><td>3</td><td>granted</td><td>400</td><td>38</td></tr><tr><td>4</td><td>vested</td><td>-136 ( 136 )</td><td>30</td></tr><tr><td>5</td><td>forfeited</td><td>-24 ( 24 )</td><td>40</td></tr><tr><td>6</td><td>non-vested at may 31 2008</td><td>518</td><td>39</td></tr><tr><td>7</td><td>granted</td><td>430</td><td>43</td></tr><tr><td>8</td><td>vested</td><td>-159 ( 159 )</td><td>39</td></tr><tr><td>9</td><td>forfeited</td><td>-27 ( 27 )</td><td>41</td></tr><tr><td>10</td><td>non-vested at may 31 2009</td><td>762</td><td>42</td></tr></table> the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively . the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively . we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 . as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years . employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized . employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock . the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period . as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance . the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively . these values represent the fair value of the 15% ( 15 % ) discount . note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure . we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion . beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer . the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .\nQuestion: how many non vested shares were outstanding as of may 31, 2009?\nAnswer: 762.0\nQuestion: what was the weighted average fair value per share?\n"
},
{
"role": "agent",
"content": "42.0"
}
] |
CONVFINQA5245
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndisclosure of , the issuance of certain types of guarantees . the adoption of fasb interpretation no . 45 did not have a signif- icant impact on the net income or equity of the company . in january 2003 , fasb interpretation no . 46 , 201cconsolidation of variable interest entities , an interpretation of arb 51 , 201d was issued . the primary objectives of this interpretation , as amended , are to provide guidance on the identification and consolidation of variable interest entities , or vies , which are entities for which control is achieved through means other than through voting rights . the company has completed an analysis of this interpretation and has determined that it does not have any vies . 4 . acquisitions family health plan , inc . effective january 1 , 2004 , the company commenced opera- tions in ohio through the acquisition from family health plan , inc . of certain medicaid-related assets for a purchase price of approximately $ 6800 . the cost to acquire the medicaid-related assets will be allocated to the assets acquired and liabilities assumed according to estimated fair values . hmo blue texas effective august 1 , 2003 , the company acquired certain medicaid-related contract rights of hmo blue texas in the san antonio , texas market for $ 1045 . the purchase price was allocated to acquired contracts , which are being amor- tized on a straight-line basis over a period of five years , the expected period of benefit . group practice affiliates during 2003 , the company acquired a 100% ( 100 % ) ownership interest in group practice affiliates , llc , a behavioral healthcare services company ( 63.7% ( 63.7 % ) in march 2003 and 36.3% ( 36.3 % ) in august 2003 ) . the consolidated financial state- ments include the results of operations of gpa since march 1 , 2003 . the company paid $ 1800 for its purchase of gpa . the cost to acquire the ownership interest has been allocated to the assets acquired and liabilities assumed according to estimated fair values and is subject to adjustment when additional information concerning asset and liability valuations are finalized . the preliminary allocation has resulted in goodwill of approximately $ 3895 . the goodwill is not amortized and is not deductible for tax purposes . pro forma disclosures related to the acquisition have been excluded as immaterial . scriptassist in march 2003 , the company purchased contract and name rights of scriptassist , llc ( scriptassist ) , a medication com- pliance company . the purchase price of $ 563 was allocated to acquired contracts , which are being amortized on a straight-line basis over a period of five years , the expected period of benefit . the investor group who held membership interests in scriptassist included one of the company 2019s executive officers . university health plans , inc . on december 1 , 2002 , the company purchased 80% ( 80 % ) of the outstanding capital stock of university health plans , inc . ( uhp ) in new jersey . in october 2003 , the company exercised its option to purchase the remaining 20% ( 20 % ) of the outstanding capital stock . centene paid a total purchase price of $ 13258 . the results of operations for uhp are included in the consolidated financial statements since december 1 , 2002 . the acquisition of uhp resulted in identified intangible assets of $ 3800 , representing purchased contract rights and provider network . the intangibles are being amortized over a ten-year period . goodwill of $ 7940 is not amortized and is not deductible for tax purposes . changes during 2003 to the preliminary purchase price allocation primarily consisted of the purchase of the remaining 20% ( 20 % ) of the outstanding stock and the recognition of intangible assets and related deferred tax liabilities . the following unaudited pro forma information presents the results of operations of centene and subsidiaries as if the uhp acquisition described above had occurred as of january 1 , 2001 . these pro forma results may not necessar- ily reflect the actual results of operations that would have been achieved , nor are they necessarily indicative of future results of operations. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td></tr><tr><td>2</td><td>revenue</td><td>$ 567048</td><td>$ 395155</td></tr><tr><td>3</td><td>net earnings</td><td>25869</td><td>11573</td></tr><tr><td>4</td><td>diluted earnings per common share</td><td>1.48</td><td>1.00</td></tr></table> diluted earnings per common share 1.48 1.00 texas universities health plan in june 2002 , the company purchased schip contracts in three texas service areas . the cash purchase price of $ 595 was recorded as purchased contract rights , which are being amortized on a straight-line basis over five years , the expected period of benefit . bankers reserve in march 2002 , the company acquired bankers reserve life insurance company of wisconsin for a cash purchase price of $ 3527 . the company allocated the purchase price to net tangible and identifiable intangible assets based on their fair value . centene allocated $ 479 to identifiable intangible assets , representing the value assigned to acquired licenses , which are being amortized on a straight-line basis over a notes to consolidated financial statements ( continued ) centene corporation and subsidiaries .\nQuestion: what is the revenue in 2002?\n"
},
{
"role": "agent",
"content": "567048.0"
}
] |
CONVFINQA7083
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncdw corporation and subsidiaries notes to consolidated financial statements holders of class b common units in connection with the distribution is subject to any vesting provisions previously applicable to the holder 2019s class b common units . class b common unit holders received 3798508 shares of restricted stock with respect to class b common units that had not yet vested at the time of the distribution . for the year ended december 31 , 2013 , 1200544 shares of such restricted stock vested/settled and 5931 shares were forfeited . as of december 31 , 2013 , 2592033 shares of restricted stock were outstanding . stock options in addition , in connection with the ipo , the company issued 1268986 stock options to the class b common unit holders to preserve their fully diluted equity ownership percentage . these options were issued with a per-share exercise price equal to the ipo price of $ 17.00 and are also subject to the same vesting provisions as the class b common units to which they relate . the company also granted 19412 stock options under the 2013 ltip during the year ended december 31 , 2013 . restricted stock units ( 201crsus 201d ) in connection with the ipo , the company granted 1416543 rsus under the 2013 ltip at a weighted- average grant-date fair value of $ 17.03 per unit . the rsus cliff-vest at the end of four years . valuation information the company attributes the value of equity-based compensation awards to the various periods during which the recipient must perform services in order to vest in the award using the straight-line method . post-ipo equity awards the company has elected to use the black-scholes option pricing model to estimate the fair value of stock options granted . the black-scholes option pricing model incorporates various assumptions including volatility , expected term , risk-free interest rates and dividend yields . the assumptions used to value the stock options granted during the year ended december 31 , 2013 are presented below . year ended december 31 , assumptions 2013 . <table class='wikitable'><tr><td>1</td><td>assumptions</td><td>year ended december 31 2013</td></tr><tr><td>2</td><td>weighted-average grant date fair value</td><td>$ 4.75</td></tr><tr><td>3</td><td>weighted-average volatility ( 1 )</td><td>35.00% ( 35.00 % )</td></tr><tr><td>4</td><td>weighted-average risk-free rate ( 2 )</td><td>1.58% ( 1.58 % )</td></tr><tr><td>5</td><td>dividend yield</td><td>1.00% ( 1.00 % )</td></tr><tr><td>6</td><td>expected term ( in years ) ( 3 )</td><td>5.4</td></tr></table> expected term ( in years ) ( 3 ) . . . . . . . . . . . . . . . . . . . . . . . . . 5.4 ( 1 ) based upon an assessment of the two-year , five-year and implied volatility for the company 2019s selected peer group , adjusted for the company 2019s leverage . ( 2 ) based on a composite u.s . treasury rate . ( 3 ) the expected term is calculated using the simplified method . the simplified method defines the expected term as the average of the option 2019s contractual term and the option 2019s weighted-average vesting period . the company utilizes this method as it has limited historical stock option data that is sufficient to derive a reasonable estimate of the expected stock option term. .\nQuestion: what was the number of forfeited shares as of december 2013?\n"
},
{
"role": "agent",
"content": "5931.0"
}
] |
CONVFINQA5963
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npositions and collateral of the defaulting firm at each respective clearing organization , and taking into account any cross-margining loss sharing payments , any of the participating clearing organizations has a remaining liquidating surplus , and any other participating clearing organization has a remaining liquidating deficit , any additional surplus from the liquidation would be shared with the other clearing house to the extent that it has a remaining liquidating deficit . any remaining surplus funds would be passed to the bankruptcy trustee . mf global bankruptcy trust . the company provided a $ 550.0 million financial guarantee to the bankruptcy trustee of mf global to accelerate the distribution of funds to mf global customers . in the event that the trustee distributed more property in the second or third interim distributions than was permitted by the bankruptcy code and cftc regulations , the company will make a cash payment to the trustee for the amount of the erroneous distribution or distributions up to $ 550.0 million in the aggregate . a payment will only be made after the trustee makes reasonable efforts to collect the property erroneously distributed to the customer ( s ) . if a payment is made by the company , the company may have the right to seek reimbursement of the erroneously distributed property from the applicable customer ( s ) . the guarantee does not cover distributions made by the trustee to customers on the basis of their claims filed in the bankruptcy . because the trustee has now made payments to nearly all customers on the basis of their claims , the company believes that the likelihood of payment to the trustee is very remote . as a result , the guarantee liability is estimated to be immaterial at december 31 , 2012 . family farmer and rancher protection fund . in april 2012 , the company established the family farmer and rancher protection fund ( the fund ) . the fund is designed to provide payments , up to certain maximum levels , to family farmers , ranchers and other agricultural industry participants who use cme group agricultural products and who suffer losses to their segregated account balances due to their cme clearing member becoming insolvent . under the terms of the fund , farmers and ranchers are eligible for up to $ 25000 per participant . farming and ranching cooperatives are eligible for up to $ 100000 per cooperative . the fund has an aggregate maximum payment amount of $ 100.0 million . if payments to participants were to exceed this amount , payments would be pro-rated . clearing members and customers must register in advance with the company and provide certain documentation in order to substantiate their eligibility . peregrine financial group , inc . ( pfg ) filed for bankruptcy protection on july 10 , 2012 . pfg was not one of cme 2019s clearing members and its customers had not registered for the fund . accordingly , they were not technically eligible for payments from the fund . however , because the fund was newly implemented and because pfg 2019s customers included many agricultural industry participants for whom the program was designed , the company decided to waive certain terms and conditions of the fund , solely in connection with the pfg bankruptcy , so that otherwise eligible family farmers , ranchers and agricultural cooperatives could apply for and receive benefits from cme . based on the number of such pfg customers who applied and the estimated size of their claims , the company has recorded a liability in the amount of $ 2.1 million at december 31 , 2012 . 16 . redeemable non-controlling interest the following summarizes the changes in redeemable non-controlling interest for the years presented . non- controlling interests that do not contain redemption features are presented in the statements of equity. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 70.3</td><td>$ 68.1</td><td>$ 2014</td></tr><tr><td>3</td><td>contribution by dow jones</td><td>2014</td><td>2014</td><td>675.0</td></tr><tr><td>4</td><td>distribution to dow jones</td><td>2014</td><td>2014</td><td>-607.5 ( 607.5 )</td></tr><tr><td>5</td><td>allocation of stock-based compensation</td><td>2014</td><td>0.1</td><td>2014</td></tr><tr><td>6</td><td>total comprehensive income attributable to redeemable non-controlling interest</td><td>10.5</td><td>2.1</td><td>0.6</td></tr><tr><td>7</td><td>balance at december 31</td><td>$ 80.8</td><td>$ 70.3</td><td>$ 68.1</td></tr></table> contribution by dow jones . . . . . . . . . . . 2014 2014 675.0 distribution to dow jones . . . . . . . . . . . 2014 2014 ( 607.5 ) allocation of stock- compensation . . . . 2014 0.1 2014 total comprehensive income attributable to redeemable non- controlling interest . . . . . . . . . . 10.5 2.1 0.6 balance at december 31 . . . . . . . . . $ 80.8 $ 70.3 $ 68.1 .\nQuestion: what was the balance of non-controlling interests at the end of 2011?\n"
},
{
"role": "agent",
"content": "70.3"
}
] |
CONVFINQA7981
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 comprehensive income attributable to nbcuniversal in 2014?\nAnswer: 2972.0\nQuestion: and what was it in 2013?\nAnswer: 2017.0\nQuestion: by how much, then, did it change over the year?\nAnswer: 955.0\nQuestion: and what is this change as a percent of the 2013 comprehensive income?\nAnswer: 0.47348\nQuestion: and throughout the subsequent year of this period, what was the change in this comprehensive income?\nAnswer: 389.0\nQuestion: how much, in percentage, did this change represent in relation to that income in 2014?\n"
},
{
"role": "agent",
"content": "0.13089"
}
] |
CONVFINQA7992
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvisa inc . notes to consolidated financial statements 2014 ( continued ) september 30 , 2013 market condition is based on the company 2019s total shareholder return ranked against that of other companies that are included in the standard & poor 2019s 500 index . the fair value of the performance- based shares , incorporating the market condition , is estimated on the grant date using a monte carlo simulation model . the grant-date fair value of performance-based shares in fiscal 2013 , 2012 and 2011 was $ 164.14 , $ 97.84 and $ 85.05 per share , respectively . earned performance shares granted in fiscal 2013 and 2012 vest approximately three years from the initial grant date . earned performance shares granted in fiscal 2011 vest in two equal installments approximately two and three years from their respective grant dates . all performance awards are subject to earlier vesting in full under certain conditions . compensation cost for performance-based shares is initially estimated based on target performance . it is recorded net of estimated forfeitures and adjusted as appropriate throughout the performance period . at september 30 , 2013 , there was $ 15 million of total unrecognized compensation cost related to unvested performance-based shares , which is expected to be recognized over a weighted-average period of approximately 1.0 years . note 17 2014commitments and contingencies commitments . the company leases certain premises and equipment throughout the world with varying expiration dates . the company incurred total rent expense of $ 94 million , $ 89 million and $ 76 million in fiscal 2013 , 2012 and 2011 , respectively . future minimum payments on leases , and marketing and sponsorship agreements per fiscal year , at september 30 , 2013 , are as follows: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>operating leases</td><td>$ 100</td><td>$ 77</td><td>$ 43</td><td>$ 35</td><td>$ 20</td><td>$ 82</td><td>$ 357</td></tr><tr><td>3</td><td>marketing and sponsorships</td><td>116</td><td>117</td><td>61</td><td>54</td><td>54</td><td>178</td><td>580</td></tr><tr><td>4</td><td>total</td><td>$ 216</td><td>$ 194</td><td>$ 104</td><td>$ 89</td><td>$ 74</td><td>$ 260</td><td>$ 937</td></tr></table> select sponsorship agreements require the company to spend certain minimum amounts for advertising and marketing promotion over the life of the contract . for commitments where the individual years of spend are not specified in the contract , the company has estimated the timing of when these amounts will be spent . in addition to the fixed payments stated above , select sponsorship agreements require the company to undertake marketing , promotional or other activities up to stated monetary values to support events which the company is sponsoring . the stated monetary value of these activities typically represents the value in the marketplace , which may be significantly in excess of the actual costs incurred by the company . client incentives . the company has agreements with financial institution clients and other business partners for various programs designed to build payments volume , increase visa-branded card and product acceptance and win merchant routing transactions . these agreements , with original terms ranging from one to thirteen years , can provide card issuance and/or conversion support , volume/growth targets and marketing and program support based on specific performance requirements . these agreements are designed to encourage client business and to increase overall visa-branded payment and transaction volume , thereby reducing per-unit transaction processing costs and increasing brand awareness for all visa clients . payments made that qualify for capitalization , and obligations incurred under these programs are reflected on the consolidated balance sheet . client incentives are recognized primarily as a reduction .\nQuestion: what was the net change in rent expense from 2012 to 2013?\nAnswer: 5.0\nQuestion: what was the rent expense in 2012?\nAnswer: 89.0\nQuestion: what was the percent change?\n"
},
{
"role": "agent",
"content": "0.05618"
}
] |
CONVFINQA4962
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 3.6 billion as of december 31 , 2012 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statements of financial position as of december 31 , 2012 and 2011 included $ 2467 million , net of $ 966 million of accumulated depreciation , and $ 2458 million , net of $ 915 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2012 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2013</td><td>$ 525</td><td>$ 282</td></tr><tr><td>3</td><td>2014</td><td>466</td><td>265</td></tr><tr><td>4</td><td>2015</td><td>410</td><td>253</td></tr><tr><td>5</td><td>2016</td><td>375</td><td>232</td></tr><tr><td>6</td><td>2017</td><td>339</td><td>243</td></tr><tr><td>7</td><td>later years</td><td>2126</td><td>1166</td></tr><tr><td>8</td><td>total minimum leasepayments</td><td>$ 4241</td><td>$ 2441</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-593 ( 593 )</td></tr><tr><td>10</td><td>present value of minimum leasepayments</td><td>n/a</td><td>$ 1848</td></tr></table> approximately 94% ( 94 % ) of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 631 million in 2012 , $ 637 million in 2011 , and $ 624 million in 2010 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant . 17 . commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries . we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability . we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters . personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year . we use an actuarial analysis to measure the expense and liability , including unasserted claims . the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents . under fela , damages .\nQuestion: what was the total future minimum lease payments associated with the vie leases in 2012, converted to the thousands place?\nAnswer: 3600.0\nQuestion: and the total minimum lease payment for operating leases?\n"
},
{
"role": "agent",
"content": "4241.0"
}
] |
CONVFINQA3661
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndoes not believe are in our and our stockholders 2019 best interest . the rights plan is intended to protect stockholders in the event of an unfair or coercive offer to acquire the company and to provide our board of directors with adequate time to evaluate unsolicited offers . the rights plan may prevent or make takeovers or unsolicited corporate transactions with respect to our company more difficult , even if stockholders may consider such transactions favorable , possibly including transactions in which stockholders might otherwise receive a premium for their shares . item 1b . unresolved staff comments item 2 . properties as of december 31 , 2016 , our significant properties used in connection with switching centers , data centers , call centers and warehouses were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>approximate number</td><td>approximate size in square feet</td></tr><tr><td>2</td><td>switching centers</td><td>57</td><td>1400000</td></tr><tr><td>3</td><td>data centers</td><td>8</td><td>600000</td></tr><tr><td>4</td><td>call center</td><td>16</td><td>1300000</td></tr><tr><td>5</td><td>warehouses</td><td>16</td><td>500000</td></tr></table> as of december 31 , 2016 , we leased approximately 60000 cell sites . as of december 31 , 2016 , we leased approximately 2000 t-mobile and metropcs retail locations , including stores and kiosks ranging in size from approximately 100 square feet to 17000 square feet . we currently lease office space totaling approximately 950000 square feet for our corporate headquarters in bellevue , washington . we use these offices for engineering and administrative purposes . we also lease space throughout the u.s. , totaling approximately 1200000 square feet as of december 31 , 2016 , for use by our regional offices primarily for administrative , engineering and sales purposes . item 3 . legal proceedings see note 12 2013 commitments and contingencies of the notes to the consolidated financial statements included in part ii , item 8 of this form 10-k for information regarding certain legal proceedings in which we are involved . item 4 . mine safety disclosures part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our common stock is traded on the nasdaq global select market of the nasdaq stock market llc ( 201cnasdaq 201d ) under the symbol 201ctmus . 201d as of december 31 , 2016 , there were 309 registered stockholders of record of our common stock , but we estimate the total number of stockholders to be much higher as a number of our shares are held by brokers or dealers for their customers in street name. .\nQuestion: for 2016, what was the average size of switching centers?\nAnswer: 24561.40351\nQuestion: and the average space of warehouses in square feet?\n"
},
{
"role": "agent",
"content": "31250.0"
}
] |
CONVFINQA5737
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntax returns for 2001 and beyond are open for examination under statute . currently , unrecognized tax benefits are not expected to change significantly over the next 12 months . 19 . stock-based and other management compensation plans in april 2009 , the company approved a global incentive plan which replaces the company 2019s 2004 stock incentive plan . the 2009 global incentive plan ( 201cgip 201d ) enables the compensation committee of the board of directors to award incentive and nonqualified stock options , stock appreciation rights , shares of series a common stock , restricted stock , restricted stock units ( 201crsus 201d ) and incentive bonuses ( which may be paid in cash or stock or a combination thereof ) , any of which may be performance-based , with vesting and other award provisions that provide effective incentive to company employees ( including officers ) , non-management directors and other service providers . under the 2009 gip , the company no longer can grant rsus with the right to participate in dividends or dividend equivalents . the maximum number of shares that may be issued under the 2009 gip is equal to 5350000 shares plus ( a ) any shares of series a common stock that remain available for issuance under the 2004 stock incentive plan ( 201csip 201d ) ( not including any shares of series a common stock that are subject to outstanding awards under the 2004 sip or any shares of series a common stock that were issued pursuant to awards under the 2004 sip ) and ( b ) any awards under the 2004 stock incentive plan that remain outstanding that cease for any reason to be subject to such awards ( other than by reason of exercise or settlement of the award to the extent that such award is exercised for or settled in vested and non-forfeitable shares ) . as of december 31 , 2010 , total shares available for awards and total shares subject to outstanding awards are as follows : shares available for awards shares subject to outstanding awards . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares available for awards</td><td>shares subject to outstanding awards</td></tr><tr><td>2</td><td>2009 global incentive plan</td><td>2322450</td><td>2530454</td></tr><tr><td>3</td><td>2004 stock incentive plan</td><td>-</td><td>5923147</td></tr></table> upon the termination of a participant 2019s employment with the company by reason of death or disability or by the company without cause ( as defined in the respective award agreements ) , an award in amount equal to ( i ) the value of the award granted multiplied by ( ii ) a fraction , ( x ) the numerator of which is the number of full months between grant date and the date of such termination , and ( y ) the denominator of which is the term of the award , such product to be rounded down to the nearest whole number , and reduced by ( iii ) the value of any award that previously vested , shall immediately vest and become payable to the participant . upon the termination of a participant 2019s employment with the company for any other reason , any unvested portion of the award shall be forfeited and cancelled without consideration . there was $ 19 million and $ 0 million of tax benefit realized from stock option exercises and vesting of rsus during the years ended december 31 , 2010 and 2009 , respectively . during the year ended december 31 , 2008 the company reversed $ 8 million of the $ 19 million tax benefit that was realized during the year ended december 31 , 2007 . deferred compensation in april 2007 , certain participants in the company 2019s 2004 deferred compensation plan elected to participate in a revised program , which includes both cash awards and restricted stock units ( see restricted stock units below ) . based on participation in the revised program , the company expensed $ 9 million , $ 10 million and $ 8 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively , related to the revised program and made payments of $ 4 million during the year ended december 31 , 2010 to participants who left the company and $ 28 million to active employees during december 2010 . as of december 31 , 2010 , $ 1 million remains to be paid during 2011 under the revised program . as of december 31 , 2009 , there was no deferred compensation payable remaining associated with the 2004 deferred compensation plan . the company recorded expense related to participants continuing in the 2004 deferred %%transmsg*** transmitting job : d77691 pcn : 132000000 ***%%pcmsg|132 |00011|yes|no|02/09/2011 18:22|0|0|page is valid , no graphics -- color : n| .\nQuestion: what is the total number of shares, combining the ones available to awards and the ones that are subject to outstanding awards?\nAnswer: 4852904.0\nQuestion: what percentage from the total do the shares available to awards represent?\n"
},
{
"role": "agent",
"content": "0.47857"
}
] |
CONVFINQA7958
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nissuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .\nQuestion: what were the number of shares repurchased during december 2012?\nAnswer: 1395288.0\nQuestion: what was the average price per share?\n"
},
{
"role": "agent",
"content": "92.02"
}
] |
CONVFINQA5794
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 is the annual interest cost for the 125 park avenue acquisition?\nAnswer: 8.40645\nQuestion: what was the company's share of the value of the 521 fifth avenue acquisition, based on the transaction cost?\n"
},
{
"role": "agent",
"content": "122.6043"
}
] |
CONVFINQA5777
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nappropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes 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 interest rate and fuel 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 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .\nQuestion: what was the value of equipment rents payable in 2015?\nAnswer: 105.0\nQuestion: what was the 2014 value?\nAnswer: 100.0\nQuestion: what is the net difference?\nAnswer: 5.0\nQuestion: what is the 2014 value\nAnswer: 100.0\nQuestion: what is the net difference over the 2014 value?\n"
},
{
"role": "agent",
"content": "0.05"
}
] |
CONVFINQA9293
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nexcept for long-term debt , the carrying amounts of the company 2019s other financial instruments are measured at fair value or approximate fair value due to the short-term nature of these instruments . asset retirement obligations 2014the company records all known asset retirement obligations within other current liabilities for which the liability 2019s fair value can be reasonably estimated , including certain asbestos removal , asset decommissioning and contractual lease restoration obligations . the changes in the asset retirement obligation carrying amounts during 2011 , 2010 and 2009 were as follows : ( $ in millions ) retirement obligations . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>asset retirement obligations</td></tr><tr><td>2</td><td>balance at january 1 2009</td><td>$ 3</td></tr><tr><td>3</td><td>accretion expense</td><td>0</td></tr><tr><td>4</td><td>payment of asset retirement obligation</td><td>0</td></tr><tr><td>5</td><td>balance at december 31 2009</td><td>3</td></tr><tr><td>6</td><td>obligation relating to the future retirement of a facility</td><td>17</td></tr><tr><td>7</td><td>accretion expense</td><td>0</td></tr><tr><td>8</td><td>payment of asset retirement obligation</td><td>0</td></tr><tr><td>9</td><td>balance at december 31 2010</td><td>20</td></tr><tr><td>10</td><td>obligation relating to the future retirement of a facility</td><td>5</td></tr><tr><td>11</td><td>accretion expense</td><td>0</td></tr><tr><td>12</td><td>payment of asset retirement obligation</td><td>0</td></tr><tr><td>13</td><td>balance at december 31 2011</td><td>$ 25</td></tr></table> the company also has known conditional asset retirement obligations related to assets currently in use , such as certain asbestos remediation and asset decommissioning activities to be performed in the future , that were not reasonably estimable as of december 31 , 2011 and 2010 , due to insufficient information about the timing and method of settlement of the obligation . accordingly , the fair value of these obligations has not been recorded in the consolidated financial statements . environmental remediation and/or asset decommissioning of the relevant facilities may be required when the company ceases to utilize these facilities . in addition , there may be conditional environmental asset retirement obligations that the company has not yet discovered . income taxes 2014income tax expense and other income tax related information contained in the financial statements for periods before the spin-off are presented as if the company filed its own tax returns on a stand-alone basis , while similar information for periods after the spin-off reflect the company 2019s positions to be filed in its own tax returns in the future . income tax expense and other related information are based on the prevailing statutory rates for u.s . federal income taxes and the composite state income tax rate for the company for each period presented . state and local income and franchise tax provisions are allocable to contracts in process and , accordingly , are included in general and administrative expenses . deferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement purposes than for tax return purposes . deferred tax asset or liability account balances are calculated at the balance sheet date using current tax laws and rates in effect . determinations of the expected realizability of deferred tax assets and the need for any valuation allowances against these deferred tax assets were evaluated based upon the stand-alone tax attributes of the company , and an $ 18 million valuation allowance was deemed necessary as of december 31 , 2011 . no valuation allowance was deemed necessary as of december 31 , 2010 . uncertain tax positions meeting the more-likely-than-not recognition threshold , based on the merits of the position , are recognized in the financial statements . we recognize the amount of tax benefit that is greater than 50% ( 50 % ) likely to be realized upon ultimate settlement with the related tax authority . if a tax position does not meet the minimum statutory threshold to avoid payment of penalties , we recognize an expense for the amount of the penalty in the period the tax position is claimed or expected to be claimed in our tax return . penalties , if probable and reasonably estimable , are recognized as a component of income tax expense . we also recognize accrued interest related to uncertain tax positions in income tax expense . the timing and amount of accrued interest is determined by the applicable tax law associated with an underpayment of income taxes . see note 12 : income taxes . under existing gaap , changes in accruals associated with uncertainties are recorded in earnings in the period they are determined. .\nQuestion: what is the total accretion expense of 2011 and 2010?\nAnswer: 0.0\nQuestion: then what is the total accretion expense if we also include 2009?\nAnswer: 0.0\nQuestion: what is the balance at december 31 2011?\n"
},
{
"role": "agent",
"content": "25.0"
}
] |
CONVFINQA2489
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million . amounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi . increases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city . our consolidated income statement is presented in item 8 of this report . net interest income and net interest margin year ended december 31 dollars in millions 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9083</td><td>$ 3854</td></tr><tr><td>3</td><td>net interest margin</td><td>3.82% ( 3.82 % )</td><td>3.37% ( 3.37 % )</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 statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . higher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin . the net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 . the following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points . the rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points . 2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets . the yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points . for comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 . we expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates . this assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 . noninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 . noninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million . noninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering . additional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 . this increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 . assets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city . the asset management group section of the business segments review section of this item 7 includes further discussion of assets under management . consumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 . service charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 . both increases were primarily driven by the impact of the national city acquisition . reduced consumer spending .\nQuestion: what is the sum of the values of non-interest income in 2008 and 2009?\n"
},
{
"role": "agent",
"content": "9.5"
}
] |
CONVFINQA8688
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ( 3 ) consists of customer-related intangibles of approximately $ 75.0 million and network location intangibles of approximately $ 72.7 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 4 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on september 12 , 2012 , the company entered into a definitive agreement to purchase up to approximately 348 additional communications sites from telef f3nica mexico . on september 27 , 2012 and december 14 , 2012 , the company completed the purchase of 279 and 2 communications sites , for an aggregate purchase price of $ 63.5 million ( including value added tax of $ 8.8 million ) . the following table summarizes the preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : preliminary purchase price allocation . <table class='wikitable'><tr><td>1</td><td>-</td><td>preliminary purchase price allocation</td></tr><tr><td>2</td><td>current assets</td><td>$ 8763</td></tr><tr><td>3</td><td>non-current assets</td><td>2332</td></tr><tr><td>4</td><td>property and equipment</td><td>26711</td></tr><tr><td>5</td><td>intangible assets ( 1 )</td><td>21079</td></tr><tr><td>6</td><td>other non-current liabilities</td><td>-1349 ( 1349 )</td></tr><tr><td>7</td><td>fair value of net assets acquired</td><td>$ 57536</td></tr><tr><td>8</td><td>goodwill ( 2 )</td><td>5998</td></tr></table> ( 1 ) consists of customer-related intangibles of approximately $ 10.7 million and network location intangibles of approximately $ 10.4 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on november 16 , 2012 , the company entered into an agreement to purchase up to 198 additional communications sites from telef f3nica mexico . on december 14 , 2012 , the company completed the purchase of 188 communications sites , for an aggregate purchase price of $ 64.2 million ( including value added tax of $ 8.9 million ) . .\nQuestion: what was the total amount of customer-related and network location intangibles?\nAnswer: 147.7\nQuestion: for how many years will they be amortized?\n"
},
{
"role": "agent",
"content": "20.0"
}
] |
CONVFINQA8097
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfederal realty investment trust schedule iii summary of real estate and accumulated depreciation 2014continued three years ended december 31 , 2009 reconciliation of accumulated depreciation and amortization ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>balance december 31 2006</td><td>$ 740507</td></tr><tr><td>2</td><td>additions during period 2014depreciation and amortization expense</td><td>96454</td></tr><tr><td>3</td><td>deductions during period 2014disposition and retirements of property</td><td>-80258 ( 80258 )</td></tr><tr><td>4</td><td>balance december 31 2007</td><td>756703</td></tr><tr><td>5</td><td>additions during period 2014depreciation and amortization expense</td><td>101321</td></tr><tr><td>6</td><td>deductions during period 2014disposition and retirements of property</td><td>-11766 ( 11766 )</td></tr><tr><td>7</td><td>balance december 31 2008</td><td>846258</td></tr><tr><td>8</td><td>additions during period 2014depreciation and amortization expense</td><td>103.698</td></tr><tr><td>9</td><td>deductions during period 2014disposition and retirements of property</td><td>-11869 ( 11869 )</td></tr><tr><td>10</td><td>balance december 31 2009</td><td>$ 938087</td></tr></table> .\nQuestion: for the years of 2006 and 2007, what was the combined total of additions, in thousands?\nAnswer: 197775.0\nQuestion: and what were those additions in 2008?\n"
},
{
"role": "agent",
"content": "103.698"
}
] |
CONVFINQA5582
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 performance value of the cadence design systems inc . in 2007?\n"
},
{
"role": "agent",
"content": "139.82"
}
] |
CONVFINQA572
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncelanese corporation and subsidiaries notes to consolidated financial statements ( continued ) 2022 amend certain material agreements governing bcp crystal 2019s indebtedness ; 2022 change the business conducted by celanese holdings and its subsidiaries ; and 2022 enter into hedging agreements that restrict dividends from subsidiaries . in addition , the senior credit facilities require bcp crystal to maintain the following financial covenants : a maximum total leverage ratio , a maximum bank debt leverage ratio , a minimum interest coverage ratio and maximum capital expenditures limitation . the maximum consolidated net bank debt to adjusted ebitda ratio , as defined , previously required under the senior credit facilities , was eliminated when the company amended the facilities in january 2005 . as of december 31 , 2005 , the company was in compliance with all of the financial covenants related to its debt agreements . the maturation of the company 2019s debt , including short term borrowings , is as follows : ( in $ millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>total ( in$ millions )</td></tr><tr><td>2</td><td>2006</td><td>155</td></tr><tr><td>3</td><td>2007</td><td>29</td></tr><tr><td>4</td><td>2008</td><td>22</td></tr><tr><td>5</td><td>2009</td><td>40</td></tr><tr><td>6</td><td>2010</td><td>28</td></tr><tr><td>7</td><td>thereafter ( 1 )</td><td>3163</td></tr><tr><td>8</td><td>total</td><td>3437</td></tr></table> ( 1 ) includes $ 2 million purchase accounting adjustment to assumed debt . 17 . benefit obligations pension obligations . pension obligations are established for benefits payable in the form of retirement , disability and surviving dependent pensions . the benefits offered vary according to the legal , fiscal and economic conditions of each country . the commitments result from participation in defined contribution and defined benefit plans , primarily in the u.s . benefits are dependent on years of service and the employee 2019s compensation . supplemental retirement benefits provided to certain employees are non-qualified for u.s . tax purposes . separate trusts have been established for some non-qualified plans . defined benefit pension plans exist at certain locations in north america and europe . as of december 31 , 2005 , the company 2019s u.s . qualified pension plan represented greater than 85% ( 85 % ) and 75% ( 75 % ) of celanese 2019s pension plan assets and liabilities , respectively . independent trusts or insurance companies administer the majority of these plans . actuarial valuations for these plans are prepared annually . the company sponsors various defined contribution plans in europe and north america covering certain employees . employees may contribute to these plans and the company will match these contributions in varying amounts . contributions to the defined contribution plans are based on specified percentages of employee contributions and they aggregated $ 12 million for the year ended decem- ber 31 , 2005 , $ 8 million for the nine months ended december 31 , 2004 , $ 3 million for the three months ended march 31 , 2004 and $ 11 million for the year ended december 31 , 2003 . in connection with the acquisition of cag , the purchaser agreed to pre-fund $ 463 million of certain pension obligations . during the nine months ended december 31 , 2004 , $ 409 million was pre-funded to the company 2019s pension plans . the company contributed an additional $ 54 million to the non-qualified pension plan 2019s rabbi trusts in february 2005 . in connection with the company 2019s acquisition of vinamul and acetex , the company assumed certain assets and obligations related to the acquired pension plans . the company recorded liabilities of $ 128 million for these pension plans . total pension assets acquired amounted to $ 85 million. .\nQuestion: what percentage of the maturation of the company 2019s debt, including short-term borrowings that will occur after 2010?\nAnswer: 0.92028\nQuestion: what was the change in the liability for pension plan resulting from the acquisition of vinamul and acetex?\n"
},
{
"role": "agent",
"content": "43.0"
}
] |
CONVFINQA6628
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnote 18 2013 earnings per share ( eps ) basic eps is calculated by dividing net earnings attributable to allegion plc by the weighted-average number of ordinary shares outstanding for the applicable period . diluted eps is calculated after adjusting the denominator of the basic eps calculation for the effect of all potentially dilutive ordinary shares , which in the company 2019s case , includes shares issuable under share-based compensation plans . the following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>weighted-average number of basic shares</td><td>95.1</td><td>95.8</td><td>95.9</td></tr><tr><td>3</td><td>shares issuable under incentive stock plans</td><td>0.9</td><td>1.1</td><td>1.0</td></tr><tr><td>4</td><td>weighted-average number of diluted shares</td><td>96.0</td><td>96.9</td><td>96.9</td></tr></table> at december 31 , 2017 , 0.1 million stock options were excluded from the computation of weighted average diluted shares outstanding because the effect of including these shares would have been anti-dilutive . note 19 2013 commitments and contingencies the company is involved in various litigations , claims and administrative proceedings , including those related to environmental and product warranty matters . amounts recorded for identified contingent liabilities are estimates , which are reviewed periodically and adjusted to reflect additional information when it becomes available . subject to the uncertainties inherent in estimating future costs for contingent liabilities , except as expressly set forth in this note , management believes that any liability which may result from these legal matters would not have a material adverse effect on the financial condition , results of operations , liquidity or cash flows of the company . environmental matters the company is dedicated to an environmental program to reduce the utilization and generation of hazardous materials during the manufacturing process and to remediate identified environmental concerns . as to the latter , the company is currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former production facilities . the company regularly evaluates its remediation programs and considers alternative remediation methods that are in addition to , or in replacement of , those currently utilized by the company based upon enhanced technology and regulatory changes . changes to the company's remediation programs may result in increased expenses and increased environmental reserves . the company is sometimes a party to environmental lawsuits and claims and has received notices of potential violations of environmental laws and regulations from the u.s . environmental protection agency and similar state authorities . it has also been identified as a potentially responsible party ( \"prp\" ) for cleanup costs associated with off-site waste disposal at federal superfund and state remediation sites . for all such sites , there are other prps and , in most instances , the company 2019s involvement is minimal . in estimating its liability , the company has assumed it will not bear the entire cost of remediation of any site to the exclusion of other prps who may be jointly and severally liable . the ability of other prps to participate has been taken into account , based on our understanding of the parties 2019 financial condition and probable contributions on a per site basis . additional lawsuits and claims involving environmental matters are likely to arise from time to time in the future . the company incurred $ 3.2 million , $ 23.3 million , and $ 4.4 million of expenses during the years ended december 31 , 2017 , 2016 and 2015 , respectively , for environmental remediation at sites presently or formerly owned or leased by the company . in the fourth-quarter of 2016 , with the collaboration and approval of state regulators , the company launched a proactive , alternative approach to remediate two sites in the united states . this approach will allow the company to more aggressively address environmental conditions at these sites and reduce the impact of potential changes in regulatory requirements . as a result , the company recorded a $ 15 million charge for environmental remediation in the fourth quarter of 2016 . environmental remediation costs are recorded in costs of goods sold within the consolidated statements of comprehensive income . as of december 31 , 2017 and 2016 , the company has recorded reserves for environmental matters of $ 28.9 million and $ 30.6 million . the total reserve at december 31 , 2017 and 2016 included $ 8.9 million and $ 9.6 million related to remediation of sites previously disposed by the company . environmental reserves are classified as accrued expenses and other current liabilities or other noncurrent liabilities based on their expected term . the company's total current environmental reserve at december 31 , 2017 and 2016 was $ 12.6 million and $ 6.1 million and the remainder is classified as noncurrent . given the evolving nature of environmental laws , regulations and technology , the ultimate cost of future compliance is uncertain. .\nQuestion: what is the total expense for environmental remediation at sites 2016 and 2017?\nAnswer: 26.5\nQuestion: what about if the expense from 2015 is included?\nAnswer: 30.9\nQuestion: what is the average for these three years?\nAnswer: 10.3\nQuestion: what is the expense for environmental remediation in 2017?\nAnswer: 28.9\nQuestion: what about in 2016?\nAnswer: 30.6\nQuestion: what is the net change?\nAnswer: -1.7\nQuestion: what fraction does this represent?\n"
},
{
"role": "agent",
"content": "-0.05556"
}
] |
CONVFINQA643
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2008 compared to 2007 net income decreased $ 92.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate , partially offset by higher net revenue . the higher other operation and maintenance expenses resulted primarily from the write-off of approximately $ 70.8 million of costs as a result of the december 2008 arkansas court of appeals decision in entergy arkansas' base rate case . the base rate case is discussed in more detail in note 2 to the financial statements . 2007 compared to 2006 net income decreased $ 34.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate . the decrease was partially offset by higher net revenue . net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2007 net revenue</td><td>$ 1110.6</td></tr><tr><td>3</td><td>rider revenue</td><td>13.6</td></tr><tr><td>4</td><td>purchased power capacity</td><td>4.8</td></tr><tr><td>5</td><td>volume/weather</td><td>-14.6 ( 14.6 )</td></tr><tr><td>6</td><td>other</td><td>3.5</td></tr><tr><td>7</td><td>2008 net revenue</td><td>$ 1117.9</td></tr></table> the rider revenue variance is primarily due to an energy efficiency rider which became effective in november 2007 . the establishment of the rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense with no effect on net income . also contributing to the variance was an increase in franchise tax rider revenue as a result of higher retail revenues . the corresponding increase is in taxes other than income taxes , resulting in no effect on net income . the purchased power capacity variance is primarily due to lower reserve equalization expenses . the volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales during the billed and unbilled sales periods compared to 2007 and a 2.9% ( 2.9 % ) volume decrease in industrial sales , primarily in the wood industry and the small customer class . billed electricity usage decreased 333 gwh in all sectors . see \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues. .\nQuestion: what was the net revenue in 2007?\nAnswer: 1110.6\nQuestion: and in 2008?\n"
},
{
"role": "agent",
"content": "1117.9"
}
] |
CONVFINQA932
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) assumptions can materially affect the estimate of fair value , and our results of operations could be materially impacted . there were no stock options granted during the years ended december 31 , 2015 and 2014 . the weighted-average grant-date fair value per option during the year ended december 31 , 2013 was $ 4.14 . the fair value of each option grant has been estimated with the following weighted-average assumptions. . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2013</td></tr><tr><td>2</td><td>expected volatility1</td><td>40.2% ( 40.2 % )</td></tr><tr><td>3</td><td>expected term ( years ) 2</td><td>6.9</td></tr><tr><td>4</td><td>risk-free interest rate3</td><td>1.3% ( 1.3 % )</td></tr><tr><td>5</td><td>expected dividend yield4</td><td>2.4% ( 2.4 % )</td></tr></table> expected volatility 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.2% ( 40.2 % ) expected term ( years ) 2 . . . . . . . . . . . . . . . . . . . . . . . . 6.9 risk-free interest rate 3 . . . . . . . . . . . . . . . . . . . . . . . . . 1.3% ( 1.3 % ) expected dividend yield 4 . . . . . . . . . . . . . . . . . . . . . . . 2.4% ( 2.4 % ) 1 the expected volatility used to estimate the fair value of stock options awarded is based on a blend of : ( i ) historical volatility of our common stock for periods equal to the expected term of our stock options and ( ii ) implied volatility of tradable forward put and call options to purchase and sell shares of our common stock . 2 the estimate of our expected term is based on the average of : ( i ) an assumption that all outstanding options are exercised upon achieving their full vesting date and ( ii ) an assumption that all outstanding options will be exercised at the midpoint between the current date ( i.e. , the date awards have ratably vested through ) and their full contractual term . in determining the estimate , we considered several factors , including the historical option exercise behavior of our employees and the terms and vesting periods of the options . 3 the risk-free interest rate is determined using the implied yield currently available for zero-coupon u.s . government issuers with a remaining term equal to the expected term of the options . 4 the expected dividend yield was calculated based on an annualized dividend of $ 0.30 per share in 2013 . stock-based compensation we grant other stock-based compensation awards such as stock-settled awards , cash-settled awards and performance- based awards ( settled in cash or shares ) to certain key employees . the number of shares or units received by an employee for performance-based awards depends on company performance against specific performance targets and could range from 0% ( 0 % ) to 300% ( 300 % ) of the target amount of shares originally granted . incentive awards are subject to certain restrictions and vesting requirements as determined by the compensation committee . the fair value of the shares on the grant date is amortized over the vesting period , which is generally three years . upon completion of the vesting period for cash-settled awards , the grantee is entitled to receive a payment in cash based on the fair market value of the corresponding number of shares of common stock . no monetary consideration is paid by a recipient for any incentive award . the fair value of cash-settled awards is adjusted each quarter based on our share price . the holders of stock-settled awards have absolute ownership interest in the underlying shares of common stock prior to vesting , which includes the right to vote and receive dividends . dividends declared on common stock are accrued during the vesting period and paid when the award vests . the holders of cash-settled and performance-based awards have no ownership interest in the underlying shares of common stock until the awards vest and the shares of common stock are issued. .\nQuestion: how many stock options were granted in 2014?\n"
},
{
"role": "agent",
"content": "0.0"
}
] |
CONVFINQA4768
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nasia-pacific acquisition on july 24 , 2006 , we completed the purchase of a fifty-six percent ownership interest in the merchant acquiring business of the hongkong and shanghai banking corporation limited , or hsbc . this business provides card payment processing services to merchants in the asia-pacific region . the business includes hsbc 2019s payment processing operations in the following ten countries and territories : brunei , china , hong kong , india , macau , malaysia , maldives , singapore , sri lanka and taiwan . under the terms of the agreement , we initially paid hsbc $ 67.2 million in cash to acquire our ownership interest . we paid an additional $ 1.4 million under this agreement during fiscal 2007 , for a total purchase price of $ 68.6 million to acquire our ownership interest . in conjunction with this acquisition , we entered into a transition services agreement with hsbc that may be terminated at any time . under this agreement , we expect hsbc will continue to perform payment processing operations and related support services until we integrate these functions into our own operations , which we expect will be completed in 2010 . the operating results of this acquisition are included in our consolidated statements of income from the date of the acquisition . business description we are a leading payment processing and consumer money transfer company . as a high-volume processor of electronic transactions , we enable merchants , multinational corporations , financial institutions , consumers , government agencies and other profit and non-profit business enterprises to facilitate payments to purchase goods and services or further other economic goals . our role is to serve as an intermediary in the exchange of information and funds that must occur between parties so that a payment transaction or money transfer can be completed . we were incorporated in georgia as global payments inc . in september 2000 , and we spun-off from our former parent company on january 31 , 2001 . including our time as part of our former parent company , we have provided transaction processing services since 1967 . we market our products and services throughout the united states , canada , europe and the asia-pacific region . we operate in two business segments , merchant services and money transfer , and we offer various products through these segments . our merchant services segment targets customers in many vertical industries including financial institutions , gaming , government , health care , professional services , restaurants , retail , universities and utilities . our money transfer segment primarily targets immigrants in the united states and europe . see note 10 in the notes to consolidated financial statements for additional segment information and 201citem 1a 2014risk factors 201d for a discussion of risks involved with our international operations . total revenues from our merchant services and money transfer segments , by geography and sales channel , are as follows ( amounts in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>domestic direct</td><td>$ 558026</td><td>$ 481273</td><td>$ 410047</td></tr><tr><td>3</td><td>canada</td><td>224570</td><td>208126</td><td>175190</td></tr><tr><td>4</td><td>asia-pacific</td><td>48449</td><td>2014</td><td>2014</td></tr><tr><td>5</td><td>central and eastern europe</td><td>51224</td><td>47114</td><td>40598</td></tr><tr><td>6</td><td>domestic indirect and other</td><td>46873</td><td>51987</td><td>62033</td></tr><tr><td>7</td><td>merchant services</td><td>929142</td><td>788500</td><td>687868</td></tr><tr><td>8</td><td>domestic</td><td>115416</td><td>109067</td><td>91448</td></tr><tr><td>9</td><td>europe</td><td>16965</td><td>10489</td><td>5015</td></tr><tr><td>10</td><td>money transfer</td><td>132381</td><td>119556</td><td>96463</td></tr><tr><td>11</td><td>total revenues</td><td>$ 1061523</td><td>$ 908056</td><td>$ 784331</td></tr></table> .\nQuestion: what was the portion of total revenues in 2006 made up of merchant services?\n"
},
{
"role": "agent",
"content": "0.86834"
}
] |
CONVFINQA8534
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontributions and future benefit payments we expect to make contributions of $ 28.1 million to our defined benefit , other postretirement , and postemployment benefits plans in fiscal 2009 . actual 2009 contributions could exceed our current projections , as influenced by our decision to undertake discretionary funding of our benefit trusts versus other competing investment priorities and future changes in government requirements . estimated benefit payments , which reflect expected future service , as appropriate , are expected to be paid from fiscal 2009-2018 as follows : in millions defined benefit pension postretirement benefit plans gross payments medicare subsidy receipts postemployment benefit ......................................................................................................................................................................................... . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>defined benefit pension plans</td><td>other postretirement benefit plans gross payments</td><td>medicare subsidy receipts</td><td>postemployment benefit plans</td></tr><tr><td>2</td><td>2009</td><td>$ 176.3</td><td>$ 56.0</td><td>$ -6.1 ( 6.1 )</td><td>$ 16.6</td></tr><tr><td>3</td><td>2010</td><td>182.5</td><td>59.9</td><td>-6.7 ( 6.7 )</td><td>17.5</td></tr><tr><td>4</td><td>2011</td><td>189.8</td><td>63.3</td><td>-7.3 ( 7.3 )</td><td>18.1</td></tr><tr><td>5</td><td>2012</td><td>197.5</td><td>67.0</td><td>-8.0 ( 8.0 )</td><td>18.8</td></tr><tr><td>6</td><td>2013</td><td>206.6</td><td>71.7</td><td>-8.7 ( 8.7 )</td><td>19.4</td></tr><tr><td>7</td><td>2014 2013 2018</td><td>1187.3</td><td>406.8</td><td>-55.3 ( 55.3 )</td><td>106.3</td></tr></table> defined contribution plans the general mills savings plan is a defined contribution plan that covers salaried and nonunion employees . it had net assets of $ 2309.9 million as of may 25 , 2008 and $ 2303.0 million as of may 27 , 2007.this plan is a 401 ( k ) savings plan that includes a number of investment funds and an employee stock ownership plan ( esop ) . we sponsor another savings plan for certain hourly employees with net assets of $ 16.0 million as of may 25 , 2008 . our total recognized expense related to defined contribution plans was $ 61.9 million in fiscal 2008 , $ 48.3 million in fiscal 2007 , and $ 45.5 million in fiscal 2006 . the esop originally purchased our common stock principally with funds borrowed from third parties and guaranteed by us.the esop shares are included in net shares outstanding for the purposes of calculating eps . the esop 2019s third-party debt was repaid on june 30 , 2007 . the esop 2019s only assets are our common stock and temporary cash balances.the esop 2019s share of the total defined contribution expense was $ 52.3 million in fiscal 2008 , $ 40.1 million in fiscal 2007 , and $ 37.6 million in fiscal 2006 . the esop 2019s expensewas calculated by the 201cshares allocated 201dmethod . the esop used our common stock to convey benefits to employees and , through increased stock ownership , to further align employee interests with those of stockholders.wematched a percentage of employee contributions to the general mills savings plan with a base match plus a variable year end match that depended on annual results . employees received our match in the form of common stock . our cash contribution to the esop was calculated so as to pay off enough debt to release sufficient shares to make our match . the esop used our cash contributions to the plan , plus the dividends received on the esop 2019s leveraged shares , to make principal and interest payments on the esop 2019s debt . as loan payments were made , shares became unencumbered by debt and were committed to be allocated . the esop allocated shares to individual employee accounts on the basis of the match of employee payroll savings ( contributions ) , plus reinvested dividends received on previously allocated shares . the esop incurred net interest of less than $ 1.0 million in each of fiscal 2007 and 2006 . the esop used dividends of $ 2.5 million in fiscal 2007 and $ 3.9 million in 2006 , along with our contributions of less than $ 1.0 million in each of fiscal 2007 and 2006 to make interest and principal payments . the number of shares of our common stock allocated to participants in the esop was 5.2 million as of may 25 , 2008 , and 5.4 million as of may 27 , 2007 . annual report 2008 81 .\nQuestion: what was the total of net assets in 2008?\nAnswer: 2309.9\nQuestion: and what was it in 2007?\nAnswer: 2303.0\nQuestion: what was, then, the change over the year?\n"
},
{
"role": "agent",
"content": "6.9"
}
] |
CONVFINQA899
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstock price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on january 3 , 2009 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index january 3 , january 2 , january 1 , december 31 , december 29 , december 28 . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>january 3 2009</td><td>january 2 2010</td><td>january 1 2011</td><td>december 31 2011</td><td>december 29 2012</td><td>december 28 2013</td></tr><tr><td>2</td><td>advance auto parts</td><td>$ 100.00</td><td>$ 119.28</td><td>$ 195.80</td><td>$ 206.86</td><td>$ 213.14</td><td>$ 327.63</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.00</td><td>119.67</td><td>134.97</td><td>134.96</td><td>150.51</td><td>197.62</td></tr><tr><td>4</td><td>s&p retail index</td><td>100.00</td><td>141.28</td><td>174.70</td><td>179.79</td><td>219.77</td><td>321.02</td></tr></table> .\nQuestion: what was the price of advance auto parts in 2011?\nAnswer: 195.8\nQuestion: what was the price in 2009?\nAnswer: 100.0\nQuestion: what is the difference?\n"
},
{
"role": "agent",
"content": "95.8"
}
] |
CONVFINQA291
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents valero energy corporation notes to consolidated financial statements ( continued ) 11 . equity share activity activity in the number of shares of common stock and treasury stock was as follows ( in millions ) : common treasury . <table class='wikitable'><tr><td>1</td><td>-</td><td>commonstock</td><td>treasurystock</td></tr><tr><td>2</td><td>balance as of december 31 2015</td><td>673</td><td>-200 ( 200 )</td></tr><tr><td>3</td><td>transactions in connection withstock-based compensation plans</td><td>2014</td><td>1</td></tr><tr><td>4</td><td>stock purchases under purchase program</td><td>2014</td><td>-23 ( 23 )</td></tr><tr><td>5</td><td>balance as of december 31 2016</td><td>673</td><td>-222 ( 222 )</td></tr><tr><td>6</td><td>transactions in connection withstock-based compensation plans</td><td>2014</td><td>1</td></tr><tr><td>7</td><td>stock purchases under purchase programs</td><td>2014</td><td>-19 ( 19 )</td></tr><tr><td>8</td><td>balance as of december 31 2017</td><td>673</td><td>-240 ( 240 )</td></tr><tr><td>9</td><td>stock purchases under purchase programs</td><td>2014</td><td>-16 ( 16 )</td></tr><tr><td>10</td><td>balance as of december 31 2018</td><td>673</td><td>-256 ( 256 )</td></tr></table> preferred stock we have 20 million shares of preferred stock authorized with a par value of $ 0.01 per share . no shares of preferred stock were outstanding as of december 31 , 2018 or 2017 . treasury stock we purchase shares of our common stock as authorized under our common stock purchase program ( described below ) and to meet our obligations under employee stock-based compensation plans . on july 13 , 2015 , our board of directors authorized us to purchase $ 2.5 billion of our outstanding common stock with no expiration date , and we completed that program during 2017 . on september 21 , 2016 , our board of directors authorized our purchase of up to an additional $ 2.5 billion with no expiration date , and we completed that program during 2018 . on january 23 , 2018 , our board of directors authorized our purchase of up to an additional $ 2.5 billion ( the 2018 program ) with no expiration date . during the years ended december 31 , 2018 , 2017 , and 2016 , we purchased $ 1.5 billion , $ 1.3 billion , and $ 1.3 billion , respectively , of our common stock under our programs . as of december 31 , 2018 , we have approval under the 2018 program to purchase approximately $ 2.2 billion of our common stock . common stock dividends on january 24 , 2019 , our board of directors declared a quarterly cash dividend of $ 0.90 per common share payable on march 5 , 2019 to holders of record at the close of business on february 13 , 2019 . valero energy partners lp units on september 16 , 2016 , vlp entered into an equity distribution agreement pursuant to which vlp offered and sold from time to time their common units having an aggregate offering price of up to $ 350 million based on amounts , at prices , and on terms determined by market conditions and other factors at the time of .\nQuestion: what was the sum spent on common stock repurchases in 2018 and 2017?\nAnswer: 2.8\nQuestion: what was the amount spent in 2016?\nAnswer: 1.3\nQuestion: what is the total sum?\n"
},
{
"role": "agent",
"content": "4.1"
}
] |
CONVFINQA9277
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndevelopment of prior year incurred losses was $ 135.6 million unfavorable in 2006 , $ 26.4 million favorable in 2005 and $ 249.4 million unfavorable in 2004 . such losses were the result of the reserve development noted above , as well as inher- ent uncertainty in establishing loss and lae reserves . reserves for asbestos and environmental losses and loss adjustment expenses as of year end 2006 , 7.4% ( 7.4 % ) of reserves reflect an estimate for the company 2019s ultimate liability for a&e claims for which ulti- mate value cannot be estimated using traditional reserving techniques . the company 2019s a&e liabilities stem from mt . mckinley 2019s direct insurance business and everest re 2019s assumed reinsurance business . there are significant uncertainties in estimating the amount of the company 2019s potential losses from a&e claims . see item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014asbestos and environmental exposures 201d and note 3 of notes to consolidated financial statements . mt . mckinley 2019s book of direct a&e exposed insurance is relatively small and homogenous . it also arises from a limited period , effective 1978 to 1984 . the book is based principally on excess liability policies , thereby limiting exposure analysis to a lim- ited number of policies and forms . as a result of this focused structure , the company believes that it is able to comprehen- sively analyze its exposures , allowing it to identify , analyze and actively monitor those claims which have unusual exposure , including policies in which it may be exposed to pay expenses in addition to policy limits or non-products asbestos claims . the company endeavors to be actively engaged with every insured account posing significant potential asbestos exposure to mt . mckinley . such engagement can take the form of pursuing a final settlement , negotiation , litigation , or the monitoring of claim activity under settlement in place ( 201csip 201d ) agreements . sip agreements generally condition an insurer 2019s payment upon the actual claim experience of the insured and may have annual payment caps or other measures to control the insurer 2019s payments . the company 2019s mt . mckinley operation is currently managing eight sip agreements , three of which were executed prior to the acquisition of mt . mckinley in 2000 . the company 2019s preference with respect to coverage settlements is to exe- cute settlements that call for a fixed schedule of payments , because such settlements eliminate future uncertainty . the company has significantly enhanced its classification of insureds by exposure characteristics over time , as well as its analysis by insured for those it considers to be more exposed or active . those insureds identified as relatively less exposed or active are subject to less rigorous , but still active management , with an emphasis on monitoring those characteristics , which may indicate an increasing exposure or levels of activity . the company continually focuses on further enhancement of the detailed estimation processes used to evaluate potential exposure of policyholders , including those that may not have reported significant a&e losses . everest re 2019s book of assumed reinsurance is relatively concentrated within a modest number of a&e exposed relationships . it also arises from a limited period , effectively 1977 to 1984 . because the book of business is relatively concentrated and the company has been managing the a&e exposures for many years , its claim staff is familiar with the ceding companies that have generated most of these liabilities in the past and which are therefore most likely to generate future liabilities . the company 2019s claim staff has developed familiarity both with the nature of the business written by its ceding companies and the claims handling and reserving practices of those companies . this level of familiarity enhances the quality of the company 2019s analysis of its exposure through those companies . as a result , the company believes that it can identify those claims on which it has unusual exposure , such as non-products asbestos claims , for concentrated attention . however , in setting reserves for its reinsurance liabilities , the company relies on claims data supplied , both formally and informally by its ceding companies and brokers . this furnished information is not always timely or accurate and can impact the accuracy and timeli- ness of the company 2019s ultimate loss projections . the following table summarizes the composition of the company 2019s total reserves for a&e losses , gross and net of reinsurance , for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>case reserves reported by ceding companies</td><td>$ 135.6</td><td>$ 125.2</td><td>$ 148.5</td></tr><tr><td>3</td><td>additional case reserves established by the company ( assumed reinsurance ) ( 1 )</td><td>152.1</td><td>157.6</td><td>151.3</td></tr><tr><td>4</td><td>case reserves established by the company ( direct insurance )</td><td>213.7</td><td>243.5</td><td>272.1</td></tr><tr><td>5</td><td>incurred but not reported reserves</td><td>148.7</td><td>123.3</td><td>156.4</td></tr><tr><td>6</td><td>gross reserves</td><td>650.1</td><td>649.6</td><td>728.3</td></tr><tr><td>7</td><td>reinsurance receivable</td><td>-138.7 ( 138.7 )</td><td>-199.1 ( 199.1 )</td><td>-221.6 ( 221.6 )</td></tr><tr><td>8</td><td>net reserves</td><td>$ 511.4</td><td>$ 450.5</td><td>$ 506.7</td></tr></table> ( 1 ) additional reserves are case specific reserves determined by the company to be needed over and above those reported by the ceding company . 81790fin_a 4/13/07 11:08 am page 15 .\nQuestion: what were net reserves in 2006?\nAnswer: 511.4\nQuestion: what were net reserves in 2005?\n"
},
{
"role": "agent",
"content": "450.5"
}
] |
CONVFINQA473
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2015 ( mmboe ) . . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>canada</td><td>total</td></tr><tr><td>2</td><td>proved undeveloped reserves as of december 31 2014</td><td>305</td><td>384</td><td>689</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>13</td><td>11</td><td>24</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-115 ( 115 )</td><td>80</td><td>-35 ( 35 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-40 ( 40 )</td><td>-80 ( 80 )</td><td>-120 ( 120 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-88 ( 88 )</td><td>-94 ( 94 )</td><td>-182 ( 182 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2015</td><td>75</td><td>301</td><td>376</td></tr></table> proved undeveloped reserves decreased 45% ( 45 % ) from year-end 2014 to year-end 2015 , and the year-end 2015 balance represents 17% ( 17 % ) of total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 24 mmboe and resulted in the conversion of 182 mmboe , or 26% ( 26 % ) , of the 2014 proved undeveloped reserves to proved developed reserves . costs incurred to develop and convert devon 2019s proved undeveloped reserves were approximately $ 2.2 billion for 2015 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 120 mmboe primarily due to evaluations of certain properties in the u.s . and canada . the largest revisions , which reduced reserves by 80 mmboe , relate to evaluations of jackfish bitumen reserves . of the 40 mmboe revisions recorded for u.s . properties , a reduction of approximately 27 mmboe represents reserves that devon now does not expect to develop in the next five years , including 20 mmboe attributable to the eagle ford . a significant amount of devon 2019s proved undeveloped reserves at the end of 2015 related to its jackfish operations . at december 31 , 2015 and 2014 , devon 2019s jackfish proved undeveloped reserves were 301 mmboe and 384 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35 mbbl daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity and steam-oil ratios . furthermore , development of these projects involves the up-front construction of steam injection/distribution and bitumen processing facilities . due to the large up-front capital investments and large reserves required to provide economic returns , the project conditions meet the specific circumstances requiring a period greater than 5 years for conversion to developed reserves . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends through to 2030 . at the end of 2015 , approximately 184 mmboe of proved undeveloped reserves at jackfish have remained undeveloped for five years or more since the initial booking . no other projects have proved undeveloped reserves that have remained undeveloped more than five years from the initial booking of the reserves . furthermore , approximately 180 mmboe of proved undeveloped reserves at jackfish will require in excess of five years , from the date of this filing , to develop . price revisions 2015 2013 reserves decreased 302 mmboe primarily due to lower commodity prices across all products . the lower bitumen price increased canadian reserves due to the decline in royalties , which increases devon 2019s after- royalty volumes . 2014 2013 reserves increased 9 mmboe primarily due to higher gas prices in the barnett shale and the anadarko basin , partially offset by higher bitumen prices , which result in lower after-royalty volumes , in canada. .\nQuestion: what is 100 divided by the percent of reserve conversions?\nAnswer: 3.84615\nQuestion: what was the number of mmboe?\n"
},
{
"role": "agent",
"content": "182.0"
}
] |
CONVFINQA5290
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncitigroup 2019s repurchases are primarily from government sponsored entities . the specific representations and warranties made by the company depend on the nature of the transaction and the requirements of the buyer . market conditions and credit-ratings agency requirements may also affect representations and warranties and the other provisions the company may agree to in loan sales . in the event of a breach of the representations and warranties , the company may be required to either repurchase the mortgage loans ( generally at unpaid principal balance plus accrued interest ) with the identified defects or indemnify ( 201cmake-whole 201d ) the investor or insurer . the company has recorded a repurchase reserve that is included in other liabilities in the consolidated balance sheet . in the case of a repurchase , the company will bear any subsequent credit loss on the mortgage loans . the company 2019s representations and warranties are generally not subject to stated limits in amount or time of coverage . however , contractual liability arises only when the representations and warranties are breached and generally only when a loss results from the breach . in the case of a repurchase , the loan is typically considered a credit- impaired loan and accounted for under sop 03-3 , 201caccounting for certain loans and debt securities , acquired in a transfer 201d ( now incorporated into asc 310-30 , receivables 2014loans and debt securities acquired with deteriorated credit quality ) . these repurchases have not had a material impact on nonperforming loan statistics , because credit-impaired purchased sop 03-3 loans are not included in nonaccrual loans . the company estimates its exposure to losses from its obligation to repurchase previously sold loans based on the probability of repurchase or make-whole and an estimated loss given repurchase or make-whole . this estimate is calculated separately by sales vintage ( i.e. , the year the loans were sold ) based on a combination of historical trends and forecasted repurchases and losses considering the : ( 1 ) trends in requests by investors for loan documentation packages to be reviewed ; ( 2 ) trends in recent repurchases and make-wholes ; ( 3 ) historical percentage of claims made as a percentage of loan documentation package requests ; ( 4 ) success rate in appealing claims ; ( 5 ) inventory of unresolved claims ; and ( 6 ) estimated loss given repurchase or make-whole , including the loss of principal , accrued interest , and foreclosure costs . the company does not change its estimation methodology by counterparty , but the historical experience and trends are considered when evaluating the overall reserve . the request for loan documentation packages is an early indicator of a potential claim . during 2009 , loan documentation package requests and the level of outstanding claims increased . in addition , our loss severity estimates increased during 2009 due to the impact of macroeconomic factors and recent experience . these factors contributed to a $ 493 million change in estimate for this reserve in 2009 . as indicated above , the repurchase reserve is calculated by sales vintage . the majority of the repurchases in 2009 were from the 2006 and 2007 sales vintages , which also represent the vintages with the largest loss- given-repurchase . an insignificant percentage of 2009 repurchases were from vintages prior to 2006 , and this is expected to decrease , because those vintages are later in the credit cycle . although early in the credit cycle , the company has experienced improved repurchase and loss-given-repurchase statistics from the 2008 and 2009 vintages . in the case of a repurchase of a credit-impaired sop 03-3 loan ( now incorporated into asc 310-30 ) , the difference between the loan 2019s fair value and unpaid principal balance at the time of the repurchase is recorded as a utilization of the repurchase reserve . payments to make the investor whole are also treated as utilizations and charged directly against the reserve . the provision for estimated probable losses arising from loan sales is recorded as an adjustment to the gain on sale , which is included in other revenue in the consolidated statement of income . a liability for representations and warranties is estimated when the company sells loans and is updated quarterly . any subsequent adjustment to the provision is recorded in other revenue in the consolidated statement of income . the activity in the repurchase reserve for the years ended december 31 , 2009 and 2008 is as follows: . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance beginning of the year</td><td>$ 75</td><td>$ 2</td></tr><tr><td>3</td><td>additions for new sales</td><td>33</td><td>23</td></tr><tr><td>4</td><td>change in estimate</td><td>493</td><td>59</td></tr><tr><td>5</td><td>utilizations</td><td>-119 ( 119 )</td><td>-9 ( 9 )</td></tr><tr><td>6</td><td>balance end of the year</td><td>$ 482</td><td>$ 75</td></tr></table> goodwill goodwill represents an acquired company 2019s acquisition cost over the fair value of net tangible and intangible assets acquired . goodwill is subject to annual impairment tests , whereby goodwill is allocated to the company 2019s reporting units and an impairment is deemed to exist if the carrying value of a reporting unit exceeds its estimated fair value . furthermore , on any business dispositions , goodwill is allocated to the business disposed of based on the ratio of the fair value of the business disposed of to the fair value of the reporting unit . intangible assets intangible assets 2014including core deposit intangibles , present value of future profits , purchased credit card relationships , other customer relationships , and other intangible assets , but excluding msrs 2014are amortized over their estimated useful lives . intangible assets deemed to have indefinite useful lives , primarily certain asset management contracts and trade names , are not amortized and are subject to annual impairment tests . an impairment exists if the carrying value of the indefinite-lived intangible asset exceeds its fair value . for other intangible assets subject to amortization , an impairment is recognized if the carrying amount is not recoverable and exceeds the fair value of the intangible asset . other assets and other liabilities other assets include , among other items , loans held-for-sale , deferred tax assets , equity-method investments , interest and fees receivable , premises and equipment , end-user derivatives in a net receivable position , repossessed assets , and other receivables. .\nQuestion: what was the change in estimate in 2009?\nAnswer: 493.0\nQuestion: and what was it in 2008?\nAnswer: 59.0\nQuestion: how much, then, did the 2009 change represent in relation to this 2008 one?\nAnswer: 8.35593\nQuestion: and in that same two year period, what was the variation of the additions for new sales of the repurchase reserve?\nAnswer: 10.0\nQuestion: and what were those additions in 2008?\nAnswer: 23.0\nQuestion: what percentage, then, does that change represent in relation to this 2008 amount?\n"
},
{
"role": "agent",
"content": "0.43478"
}
] |
CONVFINQA8920
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 i item 1 entergy corporation , utility operating companies , and system energy entergy wholesale commodities during 2010 entergy integrated its non-utility nuclear and its non-nuclear wholesale assets businesses into a new organization called entergy wholesale commodities . entergy wholesale commodities includes the ownership and operation of six nuclear power plants , five of which are located in the northeast united states , with the sixth located in michigan , and is primarily focused on selling electric power produced by those plants to wholesale customers . entergy wholesale commodities 2019 revenues are primarily derived from sales of energy and generation capacity from these plants . entergy wholesale commodities also provides operations and management services , including decommissioning services , to nuclear power plants owned by other utilities in the united states . entergy wholesale commodities also includes the ownership of , or participation in joint ventures that own , non-nuclear power plants and the sale to wholesale customers of the electric power produced by these plants . property nuclear generating stations entergy wholesale commodities includes the ownership of the following nuclear power plants : power plant market service acquired location capacity- reactor type license expiration . <table class='wikitable'><tr><td>1</td><td>power plant</td><td>market</td><td>inserviceyear</td><td>acquired</td><td>location</td><td>capacity-reactor type</td><td>licenseexpirationdate</td></tr><tr><td>2</td><td>pilgrim</td><td>is0-ne</td><td>1972</td><td>july 1999</td><td>plymouth ma</td><td>688 mw - boiling water</td><td>2012</td></tr><tr><td>3</td><td>fitzpatrick</td><td>nyiso</td><td>1975</td><td>nov . 2000</td><td>oswego ny</td><td>838 mw - boiling water</td><td>2034</td></tr><tr><td>4</td><td>indian point 3</td><td>nyiso</td><td>1976</td><td>nov . 2000</td><td>buchanan ny</td><td>1041 mw - pressurized water</td><td>2015</td></tr><tr><td>5</td><td>indian point 2</td><td>nyiso</td><td>1974</td><td>sept . 2001</td><td>buchanan ny</td><td>1028 mw - pressurized water</td><td>2013</td></tr><tr><td>6</td><td>vermont yankee</td><td>is0-ne</td><td>1972</td><td>july 2002</td><td>vernon vt</td><td>605 mw - boiling water</td><td>2032</td></tr><tr><td>7</td><td>palisades</td><td>miso</td><td>1971</td><td>apr . 2007</td><td>south haven mi</td><td>811 mw - pressurized water</td><td>2031</td></tr></table> entergy wholesale commodities also includes the ownership of two non-operating nuclear facilities , big rock point in michigan and indian point 1 in new york that were acquired when entergy purchased the palisades and indian point 2 nuclear plants , respectively . these facilities are in various stages of the decommissioning process . the nrc operating license for vermont yankee was to expire in march 2012 . in march 2011 the nrc renewed vermont yankee 2019s operating license for an additional 20 years , as a result of which the license now expires in 2032 . for additional discussion regarding the continued operation of the vermont yankee plant , see 201cimpairment of long-lived assets 201d in note 1 to the financial statements . the operating licenses for pilgrim , indian point 2 , and indian point 3 expire between 2012 and 2015 . under federal law , nuclear power plants may continue to operate beyond their license expiration dates while their renewal applications are pending nrc approval . various parties have expressed opposition to renewal of the licenses . with respect to the pilgrim license renewal , the atomic safety and licensing board ( aslb ) of the nrc , after issuing an order denying a new hearing request , terminated its proceeding on pilgrim 2019s license renewal application . with the aslb process concluded the proceeding , including appeals of certain aslb decisions , is now before the nrc . in april 2007 , entergy submitted an application to the nrc to renew the operating licenses for indian point 2 and 3 for an additional 20 years . the aslb has admitted 21 contentions raised by the state of new york or other parties , which were combined into 16 discrete issues . two of the issues have been resolved , leaving 14 issues that are currently subject to aslb hearings . in july 2011 , the aslb granted the state of new york 2019s motion for summary disposition of an admitted contention challenging the adequacy of a section of indian point 2019s environmental analysis as incorporated in the fseis ( discussed below ) . that section provided cost estimates for severe accident mitigation alternatives ( samas ) , which are hardware and procedural changes that could be .\nQuestion: of how many years is the period of the lease for pilgrim?\nAnswer: 13.0\nQuestion: and of how many years is the one for fitzpatrick?\n"
},
{
"role": "agent",
"content": "34.0"
}
] |
CONVFINQA9238
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\noperating profit for the segment decreased by 1% ( 1 % ) in 2010 compared to 2009 . for the year , operating profit declines in defense more than offset an increase in civil , while operating profit at intelligence essentially was unchanged . the $ 27 million decrease in operating profit at defense primarily was attributable to a decrease in the level of favorable performance adjustments on mission and combat systems activities in 2010 . the $ 19 million increase in civil principally was due to higher volume on enterprise civilian services . operating profit for the segment decreased by 3% ( 3 % ) in 2009 compared to 2008 . operating profit declines in civil and intelligence partially were offset by growth in defense . the decrease of $ 29 million in civil 2019s operating profit primarily was attributable to a reduction in the level of favorable performance adjustments on enterprise civilian services programs in 2009 compared to 2008 . the decrease in operating profit of $ 27 million at intelligence mainly was due to a reduction in the level of favorable performance adjustments on security solution activities in 2009 compared to 2008 . the increase in defense 2019s operating profit of $ 29 million mainly was due to volume and improved performance in mission and combat systems . the decrease in backlog during 2010 compared to 2009 mainly was due to higher sales volume on enterprise civilian service programs at civil , including volume associated with the dris 2010 program , and mission and combat system programs at defense . backlog decreased in 2009 compared to 2008 due to u.s . government 2019s exercise of the termination for convenience clause on the tsat mission operations system ( tmos ) contract at defense , which resulted in a $ 1.6 billion reduction in orders . this decline more than offset increased orders on enterprise civilian services programs at civil . we expect is&gs will experience a low single digit percentage decrease in sales for 2011 as compared to 2010 . this decline primarily is due to completion of most of the work associated with the dris 2010 program . operating profit in 2011 is expected to decline in relationship to the decline in sales volume , while operating margins are expected to be comparable between the years . space systems our space systems business segment is engaged in the design , research and development , engineering , and production of satellites , strategic and defensive missile systems , and space transportation systems , including activities related to the planned replacement of the space shuttle . government satellite programs include the advanced extremely high frequency ( aehf ) system , the mobile user objective system ( muos ) , the global positioning satellite iii ( gps iii ) system , the space-based infrared system ( sbirs ) , and the geostationary operational environmental satellite r-series ( goes-r ) . strategic and missile defense programs include the targets and countermeasures program and the fleet ballistic missile program . space transportation includes the nasa orion program and , through ownership interests in two joint ventures , expendable launch services ( united launch alliance , or ula ) and space shuttle processing activities for the u.s . government ( united space alliance , or usa ) . the space shuttle is expected to complete its final flight mission in 2011 and our involvement with its launch and processing activities will end at that time . space systems 2019 operating results included the following : ( in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 8246</td><td>$ 8654</td><td>$ 8027</td></tr><tr><td>3</td><td>operating profit</td><td>972</td><td>972</td><td>953</td></tr><tr><td>4</td><td>operating margin</td><td>11.8% ( 11.8 % )</td><td>11.2% ( 11.2 % )</td><td>11.9% ( 11.9 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>17800</td><td>16800</td><td>17900</td></tr></table> net sales for space systems decreased by 5% ( 5 % ) in 2010 compared to 2009 . sales declined in all three lines of business during the year . the $ 253 million decrease in space transportation principally was due to lower volume on the space shuttle external tank , commercial launch vehicle activity and other human space flight programs , which partially were offset by higher volume on the orion program . there were no commercial launches in 2010 compared to one commercial launch in 2009 . strategic & defensive missile systems ( s&dms ) sales declined $ 147 million principally due to lower volume on defensive missile programs . the $ 8 million sales decline in satellites primarily was attributable to lower volume on commercial satellites , which partially were offset by higher volume on government satellite activities . there was one commercial satellite delivery in 2010 and one commercial satellite delivery in 2009 . net sales for space systems increased 8% ( 8 % ) in 2009 compared to 2008 . during the year , sales growth at satellites and space transportation offset a decline in s&dms . the sales growth of $ 707 million in satellites was due to higher volume in government satellite activities , which partially was offset by lower volume in commercial satellite activities . there was one commercial satellite delivery in 2009 and two deliveries in 2008 . the increase in sales of $ 21 million in space transportation primarily was due to higher volume on the orion program , which more than offset a decline in the space shuttle 2019s external tank program . there was one commercial launch in both 2009 and 2008 . s&dms 2019 sales decreased by $ 102 million mainly due to lower volume on defensive missile programs , which more than offset growth in strategic missile programs. .\nQuestion: what is the net sales in 2010?\nAnswer: 8246.0\nQuestion: what is the operating profit in 2010?\nAnswer: 972.0\nQuestion: what is the the difference among these two?\nAnswer: 7274.0\nQuestion: what is the operating profit margin in 2010?\n"
},
{
"role": "agent",
"content": "0.88212"
}
] |
CONVFINQA9121
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n6 . debt the following is a summary of outstanding debt ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>as of december 31</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>5.00% ( 5.00 % ) senior notes due september 2020</td><td>599</td><td>599</td></tr><tr><td>3</td><td>4.75% ( 4.75 % ) senior notes due 2045</td><td>598</td><td>2014</td></tr><tr><td>4</td><td>3.50% ( 3.50 % ) senior notes due june 2024</td><td>597</td><td>597</td></tr><tr><td>5</td><td>4.60% ( 4.60 % ) senior notes due june 2044</td><td>549</td><td>549</td></tr><tr><td>6</td><td>2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m )</td><td>545</td><td>605</td></tr><tr><td>7</td><td>8.205% ( 8.205 % ) junior subordinated notes due january 2027</td><td>521</td><td>521</td></tr><tr><td>8</td><td>3.125% ( 3.125 % ) senior notes due may 2016</td><td>500</td><td>500</td></tr><tr><td>9</td><td>2.80% ( 2.80 % ) senior notes due 2021</td><td>399</td><td>2014</td></tr><tr><td>10</td><td>4.00% ( 4.00 % ) senior notes due november 2023</td><td>349</td><td>349</td></tr><tr><td>11</td><td>6.25% ( 6.25 % ) senior notes due september 2040</td><td>298</td><td>298</td></tr><tr><td>12</td><td>4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m )</td><td>271</td><td>322</td></tr><tr><td>13</td><td>4.45% ( 4.45 % ) senior notes due may 2043</td><td>249</td><td>248</td></tr><tr><td>14</td><td>4.25% ( 4.25 % ) senior notes due december 2042</td><td>196</td><td>196</td></tr><tr><td>15</td><td>3.50% ( 3.50 % ) senior notes due september 2015</td><td>2014</td><td>599</td></tr><tr><td>16</td><td>commercial paper</td><td>50</td><td>168</td></tr><tr><td>17</td><td>other</td><td>16</td><td>31</td></tr><tr><td>18</td><td>total debt</td><td>5737</td><td>5582</td></tr><tr><td>19</td><td>less short-term and current portion of long-term debt</td><td>562</td><td>783</td></tr><tr><td>20</td><td>total long-term debt</td><td>$ 5175</td><td>$ 4799</td></tr></table> revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 400 million u.s . credit facility expiring in march 2017 ( the \"2017 facility\" ) and $ 900 million multi-currency u.s . credit facility expiring in february 2020 ( the \"2020 facility\" ) . the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility . effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 . each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly . at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 . on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 . we used the proceeds of the issuance for general corporate purposes . on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid . on may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 . the company used the proceeds of the issuance for general corporate purposes . on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 . the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 . aon plc used the proceeds from these issuances for working capital and general corporate purposes. .\nQuestion: what was the change in the value of total debt between 2014 and 2015?\nAnswer: 155.0\nQuestion: what was the value of total debt in 2014?\nAnswer: 5582.0\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "0.02777"
}
] |
CONVFINQA897
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nstock price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on january 3 , 2009 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index january 3 , january 2 , january 1 , december 31 , december 29 , december 28 . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>january 3 2009</td><td>january 2 2010</td><td>january 1 2011</td><td>december 31 2011</td><td>december 29 2012</td><td>december 28 2013</td></tr><tr><td>2</td><td>advance auto parts</td><td>$ 100.00</td><td>$ 119.28</td><td>$ 195.80</td><td>$ 206.86</td><td>$ 213.14</td><td>$ 327.63</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.00</td><td>119.67</td><td>134.97</td><td>134.96</td><td>150.51</td><td>197.62</td></tr><tr><td>4</td><td>s&p retail index</td><td>100.00</td><td>141.28</td><td>174.70</td><td>179.79</td><td>219.77</td><td>321.02</td></tr></table> .\nQuestion: what was the price of advance auto parts in 2011?\n"
},
{
"role": "agent",
"content": "195.8"
}
] |
CONVFINQA9190
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nutilized . in accordance with sfas no . 144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery . this charge is included as a separate line item in the company 2019s consolidated statement of operations . there was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations . 7 . warranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems . at the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales . this expense is recorded as a component of cost of product revenue . estimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract . changes in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2006</td><td>$ 751</td></tr><tr><td>2</td><td>additions charged to cost of revenue</td><td>1379</td></tr><tr><td>3</td><td>repairs and replacements</td><td>-1134 ( 1134 )</td></tr><tr><td>4</td><td>balance as of december 31 2006</td><td>996</td></tr><tr><td>5</td><td>additions charged to cost of revenue</td><td>4939</td></tr><tr><td>6</td><td>repairs and replacements</td><td>-2219 ( 2219 )</td></tr><tr><td>7</td><td>balance as of december 30 2007</td><td>3716</td></tr><tr><td>8</td><td>additions charged to cost of revenue</td><td>13044</td></tr><tr><td>9</td><td>repairs and replacements</td><td>-8557 ( 8557 )</td></tr><tr><td>10</td><td>balance as of december 28 2008</td><td>$ 8203</td></tr></table> 8 . convertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes . the net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million . the company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year . the company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively . the notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what is the balance of reserve for product warranties as of december 28, 2008?\nAnswer: 8203.0\nQuestion: what about 2007?\nAnswer: 3716.0\nQuestion: what is the net change in value from 2007 to 2008?\nAnswer: 4487.0\nQuestion: what growth rate does this represent?\n"
},
{
"role": "agent",
"content": "1.20748"
}
] |
CONVFINQA5484
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ( 3 ) consists of customer-related intangibles of approximately $ 75.0 million and network location intangibles of approximately $ 72.7 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 4 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on september 12 , 2012 , the company entered into a definitive agreement to purchase up to approximately 348 additional communications sites from telef f3nica mexico . on september 27 , 2012 and december 14 , 2012 , the company completed the purchase of 279 and 2 communications sites , for an aggregate purchase price of $ 63.5 million ( including value added tax of $ 8.8 million ) . the following table summarizes the preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : preliminary purchase price allocation . <table class='wikitable'><tr><td>1</td><td>-</td><td>preliminary purchase price allocation</td></tr><tr><td>2</td><td>current assets</td><td>$ 8763</td></tr><tr><td>3</td><td>non-current assets</td><td>2332</td></tr><tr><td>4</td><td>property and equipment</td><td>26711</td></tr><tr><td>5</td><td>intangible assets ( 1 )</td><td>21079</td></tr><tr><td>6</td><td>other non-current liabilities</td><td>-1349 ( 1349 )</td></tr><tr><td>7</td><td>fair value of net assets acquired</td><td>$ 57536</td></tr><tr><td>8</td><td>goodwill ( 2 )</td><td>5998</td></tr></table> ( 1 ) consists of customer-related intangibles of approximately $ 10.7 million and network location intangibles of approximately $ 10.4 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on november 16 , 2012 , the company entered into an agreement to purchase up to 198 additional communications sites from telef f3nica mexico . on december 14 , 2012 , the company completed the purchase of 188 communications sites , for an aggregate purchase price of $ 64.2 million ( including value added tax of $ 8.9 million ) . .\nQuestion: what was the total in acquired customer-related and network location intangibles, from american tower corporation and subsidiaries notes to consolidated financial statements, in millions?\nAnswer: 147.7\nQuestion: and what is the expected period in which those location intangibles will be amortized, in years?\nAnswer: 20.0\nQuestion: what is, then, the expected annual amortization expenses, in millions?\nAnswer: 7.385\nQuestion: from that same company, what was the value of current assets, from preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition?\nAnswer: 11095.0\nQuestion: and what is the total sum of those current assets and the non-current ones?\nAnswer: 37806.0\nQuestion: including property and equipment, what then becomes that sum?\n"
},
{
"role": "agent",
"content": "21079.0"
}
] |
CONVFINQA5297
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nrisks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . 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>2016</td><td>$ 301.2</td></tr><tr><td>4</td><td>2015</td><td>53.8</td></tr><tr><td>5</td><td>2014</td><td>56.3</td></tr><tr><td>6</td><td>2013</td><td>194.0</td></tr><tr><td>7</td><td>2012</td><td>410.0</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .\nQuestion: what was the total of pre-tax catastrophe losses in the years of 2015 and 2016, combined?\nAnswer: 355.0\nQuestion: including the year of 2014, what would then be the total of pre-tax catastrophe losses for the three years?\n"
},
{
"role": "agent",
"content": "411.3"
}
] |
CONVFINQA4908
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nunited parcel service , inc . and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net income</td><td>$ 807</td><td>$ 3804</td><td>$ 3338</td></tr><tr><td>3</td><td>non-cash operating activities ( a )</td><td>7301</td><td>4505</td><td>4398</td></tr><tr><td>4</td><td>pension and postretirement plan contributions ( ups-sponsored plans )</td><td>-917 ( 917 )</td><td>-1436 ( 1436 )</td><td>-3240 ( 3240 )</td></tr><tr><td>5</td><td>income tax receivables and payables</td><td>280</td><td>236</td><td>-319 ( 319 )</td></tr><tr><td>6</td><td>changes in working capital and other noncurrent assets and liabilities</td><td>-148 ( 148 )</td><td>-12 ( 12 )</td><td>-340 ( 340 )</td></tr><tr><td>7</td><td>other operating activities</td><td>-107 ( 107 )</td><td>-24 ( 24 )</td><td>-2 ( 2 )</td></tr><tr><td>8</td><td>net cash from operating activities</td><td>$ 7216</td><td>$ 7073</td><td>$ 3835</td></tr></table> ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items . cash from operating activities remained strong throughout the 2010 to 2012 time period . operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business . the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph . except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans . 2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan . 2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 . 2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan . 2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s . postretirement medical benefit plans . as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans . as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion . approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v . ( see note 16 to the consolidated financial statements ) . excluding this portion of cash held outside the u.s . for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year . the amount of cash held by our u.s . and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business . cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners . to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s . when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .\nQuestion: what was the net income in 2012?\nAnswer: 807.0\nQuestion: and what was it in the previous year?\nAnswer: 3804.0\nQuestion: by how much, then, did it change throughout the period?\nAnswer: -2997.0\nQuestion: and what is this change as a percentage of the 2011 net income?\nAnswer: -0.78785\nQuestion: in that same period, what was the change in the net cash from operating activities?\nAnswer: -143.0\nQuestion: and what was this change as a percent of that net cash in 2011?\n"
},
{
"role": "agent",
"content": "-0.01982"
}
] |
CONVFINQA8144
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nutilized . in accordance with sfas no . 144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery . this charge is included as a separate line item in the company 2019s consolidated statement of operations . there was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations . 7 . warranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems . at the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales . this expense is recorded as a component of cost of product revenue . estimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract . changes in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2006</td><td>$ 751</td></tr><tr><td>2</td><td>additions charged to cost of revenue</td><td>1379</td></tr><tr><td>3</td><td>repairs and replacements</td><td>-1134 ( 1134 )</td></tr><tr><td>4</td><td>balance as of december 31 2006</td><td>996</td></tr><tr><td>5</td><td>additions charged to cost of revenue</td><td>4939</td></tr><tr><td>6</td><td>repairs and replacements</td><td>-2219 ( 2219 )</td></tr><tr><td>7</td><td>balance as of december 30 2007</td><td>3716</td></tr><tr><td>8</td><td>additions charged to cost of revenue</td><td>13044</td></tr><tr><td>9</td><td>repairs and replacements</td><td>-8557 ( 8557 )</td></tr><tr><td>10</td><td>balance as of december 28 2008</td><td>$ 8203</td></tr></table> 8 . convertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes . the net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million . the company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year . the company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively . the notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what is the balance of reserve for product warranties in 2007?\n"
},
{
"role": "agent",
"content": "3716.0"
}
] |
CONVFINQA7442
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndirect the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase options are not considered to be potentially significant to the vies . the future minimum lease payments associated with the vie leases totaled $ 3.0 billion as of december 31 , 2014 . 17 . leases we lease certain locomotives , freight cars , and other property . the consolidated statements of financial position as of december 31 , 2014 and 2013 included $ 2454 million , net of $ 1210 million of accumulated depreciation , and $ 2486 million , net of $ 1092 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2014 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2015</td><td>$ 508</td><td>$ 253</td></tr><tr><td>3</td><td>2016</td><td>484</td><td>249</td></tr><tr><td>4</td><td>2017</td><td>429</td><td>246</td></tr><tr><td>5</td><td>2018</td><td>356</td><td>224</td></tr><tr><td>6</td><td>2019</td><td>323</td><td>210</td></tr><tr><td>7</td><td>later years</td><td>1625</td><td>745</td></tr><tr><td>8</td><td>total minimum leasepayments</td><td>$ 3725</td><td>$ 1927</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-407 ( 407 )</td></tr><tr><td>10</td><td>present value of minimum leasepayments</td><td>n/a</td><td>$ 1520</td></tr></table> approximately 95% ( 95 % ) of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 593 million in 2014 , $ 618 million in 2013 , and $ 631 million in 2012 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant . 18 . commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries . we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability . we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters . personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year . we use an actuarial analysis to measure the expense and liability , including unasserted claims . the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents . under fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements . we offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work . our personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments . approximately 93% ( 93 % ) of the recorded liability is related to asserted claims and approximately 7% ( 7 % ) is related to unasserted claims at december 31 , 2014 . because of the uncertainty .\nQuestion: what is the total minimum lease payments for operating leases?\nAnswer: 3725.0\nQuestion: what is the total for capital leases?\n"
},
{
"role": "agent",
"content": "1927.0"
}
] |
CONVFINQA3099
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2018</td><td>years ended december 31 , 2017</td><td>years ended december 31 , 2016</td></tr><tr><td>2</td><td>net income adjusted to reconcile to net cash provided by operating activities1</td><td>$ 1013.0</td><td>$ 852.1</td><td>$ 1018.6</td></tr><tr><td>3</td><td>net cash ( used in ) provided by working capital2</td><td>-431.1 ( 431.1 )</td><td>5.3</td><td>-410.3 ( 410.3 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities</td><td>-16.8 ( 16.8 )</td><td>24.4</td><td>-95.5 ( 95.5 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 565.1</td><td>$ 881.8</td><td>$ 512.8</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-2491.5 ( 2491.5 )</td><td>-196.2 ( 196.2 )</td><td>-263.9 ( 263.9 )</td></tr><tr><td>7</td><td>net cash provided by ( used in ) financing activities</td><td>1853.2</td><td>-1004.9 ( 1004.9 )</td><td>-666.4 ( 666.4 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes . 2 reflects changes in accounts receivable , accounts receivable billable to clients , other current assets , accounts payable and accrued liabilities . operating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients . quarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries . the timing of media buying on behalf of our clients across various countries affects our working capital and operating cash flow and can be volatile . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible , we pay production and media charges after we have received funds from our clients . the amounts involved , which substantially exceed our revenues , primarily affect the level of accounts receivable , accounts payable , accrued liabilities and contract liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . net cash provided by operating activities during 2018 was $ 565.1 , which was a decrease of $ 316.7 as compared to 2017 , primarily as a result of an increase in working capital usage of $ 436.4 . working capital in 2018 was impacted by the spending levels of our clients as compared to 2017 . the working capital usage in both periods was primarily attributable to our media businesses . net cash provided by operating activities during 2017 was $ 881.8 , which was an increase of $ 369.0 as compared to 2016 , primarily as a result of an improvement in working capital usage of $ 415.6 . working capital in 2017 benefited from the spending patterns of our clients compared to 2016 . investing activities net cash used in investing activities during 2018 consisted of payments for acquisitions of $ 2309.8 , related mostly to the acxiom acquisition , and payments for capital expenditures of $ 177.1 , related mostly to leasehold improvements and computer hardware and software. .\nQuestion: what was the difference in net cash provided by operating activities between 2016 and 2017?\n"
},
{
"role": "agent",
"content": "1394.6"
}
] |
CONVFINQA9379
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 j.p . morgan chase & co . 98 j.p . morgan chase & co . / 2003 annual report securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions primarily to finance the firm 2019s inventory positions , acquire securities to cover short positions and settle other securities obligations . the firm also enters into these transactions to accommodate customers 2019 needs . securities purchased under resale agreements ( 201cresale agreements 201d ) and securities sold under repurchase agreements ( 201crepurchase agreements 201d ) are generally treated as collateralized financing transactions and are carried on the consolidated bal- ance sheet at the amounts the securities will be subsequently sold or repurchased , plus accrued interest . where appropriate , resale and repurchase agreements with the same counterparty are reported on a net basis in accordance with fin 41 . jpmorgan chase takes possession of securities purchased under resale agreements . on a daily basis , jpmorgan chase monitors the market value of the underlying collateral received from its counterparties , consisting primarily of u.s . and non-u.s . govern- ment and agency securities , and requests additional collateral from its counterparties when necessary . similar transactions that do not meet the sfas 140 definition of a repurchase agreement are accounted for as 201cbuys 201d and 201csells 201d rather than financing transactions . these transactions are accounted for as a purchase ( sale ) of the underlying securities with a forward obligation to sell ( purchase ) the securities . the forward purchase ( sale ) obligation , a derivative , is recorded on the consolidated balance sheet at its fair value , with changes in fair value recorded in trading revenue . notional amounts of these transactions accounted for as purchases under sfas 140 were $ 15 billion and $ 8 billion at december 31 , 2003 and 2002 , respectively . notional amounts of these transactions accounted for as sales under sfas 140 were $ 8 billion and $ 13 billion at december 31 , 2003 and 2002 , respectively . based on the short-term duration of these contracts , the unrealized gain or loss is insignificant . securities borrowed and securities lent are recorded at the amount of cash collateral advanced or received . securities bor- rowed consist primarily of government and equity securities . jpmorgan chase monitors the market value of the securities borrowed and lent on a daily basis and calls for additional col- lateral when appropriate . fees received or paid are recorded in interest income or interest expense. . <table class='wikitable'><tr><td>1</td><td>december 31 ( in millions )</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>securities purchased under resale agreements</td><td>$ 62801</td><td>$ 57645</td></tr><tr><td>3</td><td>securities borrowed</td><td>41834</td><td>34143</td></tr><tr><td>4</td><td>securities sold under repurchase agreements</td><td>$ 105409</td><td>$ 161394</td></tr><tr><td>5</td><td>securities loaned</td><td>2461</td><td>1661</td></tr></table> note 10 jpmorgan chase pledges certain financial instruments it owns to collateralize repurchase agreements and other securities financ- ings . pledged securities that can be sold or repledged by the secured party are identified as financial instruments owned ( pledged to various parties ) on the consolidated balance sheet . at december 31 , 2003 , the firm had received securities as col- lateral that can be repledged , delivered or otherwise used with a fair value of approximately $ 210 billion . this collateral was gen- erally obtained under resale or securities-borrowing agreements . of these securities , approximately $ 197 billion was repledged , delivered or otherwise used , generally as collateral under repur- chase agreements , securities-lending agreements or to cover short sales . notes to consolidated financial statements j.p . morgan chase & co . loans are reported at the principal amount outstanding , net of the allowance for loan losses , unearned income and any net deferred loan fees . loans held for sale are carried at the lower of aggregate cost or fair value . loans are classified as 201ctrading 201d for secondary market trading activities where positions are bought and sold to make profits from short-term movements in price . loans held for trading purposes are included in trading assets and are carried at fair value , with the gains and losses included in trading revenue . interest income is recognized using the interest method , or on a basis approximating a level rate of return over the term of the loan . nonaccrual loans are those on which the accrual of interest is discontinued . loans ( other than certain consumer loans discussed below ) are placed on nonaccrual status immediately if , in the opinion of management , full payment of principal or interest is in doubt , or when principal or interest is 90 days or more past due and collateral , if any , is insufficient to cover prin- cipal and interest . interest accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income . in addition , the amortization of net deferred loan fees is suspended . interest income on nonaccrual loans is recognized only to the extent it is received in cash . however , where there is doubt regarding the ultimate collectibility of loan principal , all cash thereafter received is applied to reduce the carrying value of the loan . loans are restored to accrual status only when interest and principal payments are brought current and future payments are reasonably assured . consumer loans are generally charged to the allowance for loan losses upon reaching specified stages of delinquency , in accor- dance with the federal financial institutions examination council ( 201cffiec 201d ) policy . for example , credit card loans are charged off at the earlier of 180 days past due or within 60 days from receiving notification of the filing of bankruptcy . residential mortgage products are generally charged off to net realizable value at 180 days past due . other consumer products are gener- ally charged off ( to net realizable value if collateralized ) at 120 days past due . accrued interest on residential mortgage products , automobile financings and certain other consumer loans are accounted for in accordance with the nonaccrual loan policy note 11 .\nQuestion: in the year of 2003, how much did the total of securities purchased under resale agreements represent in relation to one of securities borrowed?\nAnswer: 1.5012\nQuestion: and how much did the transactions accounted for as purchases under sfas represent in relation to the ones from 2002?\n"
},
{
"role": "agent",
"content": "1.875"
}
] |
CONVFINQA6024
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncdw corporation and subsidiaries notes to consolidated financial statements 2013 denominator was impacted by the common shares issued during both the ipo and the underwriters 2019 exercise in full of the overallotment option granted to them in connection with the ipo . because such common shares were issued on july 2 , 2013 and july 31 , 2013 , respectively , they are only partially reflected in the 2013 denominator . such shares will be fully reflected in the 2014 denominator . see note 9 for additional discussion of the ipo . the dilutive effect of outstanding restricted stock , restricted stock units , stock options and mpk plan units is reflected in the denominator for diluted earnings per share using the treasury stock method . the following is a reconciliation of basic shares to diluted shares: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>weighted-average shares - basic</td><td>156.6</td><td>145.1</td><td>144.8</td></tr><tr><td>3</td><td>effect of dilutive securities</td><td>2.1</td><td>0.7</td><td>0.1</td></tr><tr><td>4</td><td>weighted-average shares - diluted</td><td>158.7</td><td>145.8</td><td>144.9</td></tr></table> for the years ended december 31 , 2013 , 2012 and 2011 , diluted earnings per share excludes the impact of 0.0 million , 0.0 million , and 4.3 million potential common shares , respectively , as their inclusion would have had an anti-dilutive effect . 12 . deferred compensation plan on march 10 , 2010 , in connection with the company 2019s purchase of $ 28.5 million principal amount of its outstanding senior subordinated debt , the company established the restricted debt unit plan ( the 201crdu plan 201d ) , an unfunded nonqualified deferred compensation plan . the total number of rdus that can be granted under the rdu plan is 28500 . at december 31 , 2013 , 28500 rdus were outstanding . rdus that are outstanding vest daily on a pro rata basis over the three-year period from january 1 , 2012 ( or , if later , the date of hire or the date of a subsequent rdu grant ) through december 31 , 2014 . participants have no rights to the underlying debt . the total amount of compensation available to be paid under the rdu plan was initially to be based on two components , a principal component and an interest component . the principal component credits the rdu plan with a notional amount equal to the $ 28.5 million face value of the senior subordinated notes ( the 201cdebt pool 201d ) , together with certain redemption premium equivalents as noted below . the interest component credits the rdu plan with amounts equal to the interest that would have been earned on the debt pool from march 10 , 2010 through maturity on october 12 , 2017 , except as discussed below . interest amounts for 2010 and 2011 were deferred until 2012 , and thereafter , interest amounts were paid to participants semi-annually on the interest payment due dates . payments totaling $ 1.7 million and $ 1.3 million were made to participants under the rdu plan in april and october 2013 , respectively , in connection with the semi-annual interest payments due . the company used a portion of the ipo proceeds together with incremental borrowings to redeem $ 324.0 million of the total senior subordinated notes outstanding on august 1 , 2013 . in connection with the ipo and the partial redemption of the senior subordinated notes , the company amended the rdu plan to increase the retentive value of the plan . in accordance with the original terms of the rdu plan , the principal component of the rdus converted to a cash-denominated pool upon the redemption of the senior subordinated notes . in addition , the company added $ 1.4 million to the principal component in the year ended december 31 , 2013 as redemption premium equivalents in accordance with the terms of the rdu plan . under the terms of the amended rdu plan , upon the partial redemption of outstanding senior subordinated notes , the rdus ceased to accrue the proportionate related interest component credits . the .\nQuestion: what was the effect of dilutive securities for the year ended 12/31/13?\nAnswer: 2.1\nQuestion: and that for the year ended 12/31/12?\nAnswer: 0.7\nQuestion: how much was the effect of dilutive securities for these two years?\nAnswer: 2.8\nQuestion: and the amount for the year ended 12/31/11?\n"
},
{
"role": "agent",
"content": "0.1"
}
] |
CONVFINQA5962
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) as of december 31 , 2006 , the company held a total of ten interest rate swap agreements to manage exposure to variable rate interest obligations under its amt opco and spectrasite credit facilities and four forward starting interest rate swap agreements to manage exposure to variability in cash flows relating to forecasted interest payments in connection with the securitization which the company designated as cash flow hedges . the eight american tower swaps had an aggregate notional amount of $ 450.0 million and fixed rates ranging between 4.63% ( 4.63 % ) and 4.88% ( 4.88 % ) and the two spectrasite swaps have an aggregate notional amount of $ 100.0 million and a fixed rate of 4.95% ( 4.95 % ) . the four forward starting interest rate swap agreements had an aggregate notional amount of $ 900.0 million , fixed rates ranging between 4.73% ( 4.73 % ) and 5.10% ( 5.10 % ) . as of december 31 , 2006 , the company also held three interest rate swap instruments and one interest rate cap instrument that were acquired in the spectrasite , inc . merger in august 2005 and were not designated as cash flow hedges . the three interest rate swaps , which had a fair value of $ 6.7 million at the date of acquisition , have an aggregate notional amount of $ 300.0 million , a fixed rate of 3.88% ( 3.88 % ) . the interest rate cap had a notional amount of $ 175.0 million , a fixed rate of 7.0% ( 7.0 % ) , and expired in february 2006 . as of december 31 , 2006 , other comprehensive income includes unrealized gains on short term available-for-sale securities of $ 10.4 million and unrealized gains related to the interest rate swap agreements in the table above of $ 5.7 million , net of tax . during the year ended december 31 , 2006 , the company recorded a net unrealized gain of approximately $ 6.5 million ( net of a tax provision of approximately $ 3.5 million ) in other comprehensive loss for the change in fair value of interest rate swaps designated as cash flow hedges and reclassified $ 0.7 million ( net of an income tax benefit of $ 0.2 million ) into results of operations during the year ended december 31 , 2006 . 9 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are recognized on a straight-line basis over the non-cancelable term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2007 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2008</td><td>$ 217969</td></tr><tr><td>2</td><td>2009</td><td>215763</td></tr><tr><td>3</td><td>2010</td><td>208548</td></tr><tr><td>4</td><td>2011</td><td>199024</td></tr><tr><td>5</td><td>2012</td><td>190272</td></tr><tr><td>6</td><td>thereafter</td><td>2451496</td></tr><tr><td>7</td><td>total</td><td>$ 3483072</td></tr></table> aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2007 , 2006 and 2005 approximated $ 246.4 million , $ 237.0 million and $ 168.7 million , respectively. .\nQuestion: what was change in the value of the aggregate rent expense from 2005 to 2006?\nAnswer: 68.3\nQuestion: what was the value in 2005?\nAnswer: 168.7\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "0.40486"
}
] |
CONVFINQA4060
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npage 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .\nQuestion: what was the total of net sales metal beverage packaging in 2010?\nAnswer: 1697.6\nQuestion: and what was that in 2009?\n"
},
{
"role": "agent",
"content": "1739.5"
}
] |
CONVFINQA8206
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 1 2014summary of significant accounting policies ( continued ) present value is accreted over the life of the related lease as an operating expense . all of the company 2019s existing asset retirement obligations are associated with commitments to return property subject to operating leases to original condition upon lease termination . the following table reconciles changes in the company 2019s asset retirement liabilities for fiscal 2006 and 2005 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>asset retirement liability as of september 25 2004</td><td>$ 8.2</td></tr><tr><td>2</td><td>additional asset retirement obligations recognized</td><td>2.8</td></tr><tr><td>3</td><td>accretion recognized</td><td>0.7</td></tr><tr><td>4</td><td>asset retirement liability as of september 24 2005</td><td>$ 11.7</td></tr><tr><td>5</td><td>additional asset retirement obligations recognized</td><td>2.5</td></tr><tr><td>6</td><td>accretion recognized</td><td>0.5</td></tr><tr><td>7</td><td>asset retirement liability as of september 30 2006</td><td>$ 14.7</td></tr></table> long-lived assets including goodwill and other acquired intangible assets the company reviews property , plant , and equipment and certain identifiable intangibles , excluding goodwill , for impairment in accordance with sfas no . 144 , accounting for the impairment of long-lived assets and for long-lived assets to be disposed of . long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable . recoverability of these assets is measured by comparison of its carrying amount to future undiscounted cash flows the assets are expected to generate . if property , plant , and equipment and certain identifiable intangibles are considered to be impaired , the impairment to be recognized equals the amount by which the carrying value of the assets exceeds its fair market value . for the three fiscal years ended september 30 , 2006 , the company had no material impairment of its long-lived assets , except for the impairment of certain assets in connection with the restructuring actions described in note 6 of these notes to consolidated financial statements . sfas no . 142 , goodwill and other intangible assets requires that goodwill and intangible assets with indefinite useful lives should not be amortized but rather be tested for impairment at least annually or sooner whenever events or changes in circumstances indicate that they may be impaired . the company performs its goodwill impairment tests on or about august 30 of each year . the company did not recognize any goodwill or intangible asset impairment charges in 2006 , 2005 , or 2004 . the company established reporting units based on its current reporting structure . for purposes of testing goodwill for impairment , goodwill has been allocated to these reporting units to the extent it relates to each reporting sfas no . 142 also requires that intangible assets with definite lives be amortized over their estimated useful lives and reviewed for impairment in accordance with sfas no . 144 . the company is currently amortizing its acquired intangible assets with definite lives over periods ranging from 3 to 10 years . foreign currency translation the company translates the assets and liabilities of its international non-u.s . functional currency subsidiaries into u.s . dollars using exchange rates in effect at the end of each period . revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period . gains and losses from these translations are credited or charged to foreign currency translation .\nQuestion: what was the asset retirement liability in 2006?\nAnswer: 14.7\nQuestion: and was that of 2005?\nAnswer: 11.7\nQuestion: what was, then, the change over the year?\nAnswer: 3.0\nQuestion: what was the asset retirement liability in 2005?\nAnswer: 11.7\nQuestion: and how much does that change represent in relation to it?\n"
},
{
"role": "agent",
"content": "0.25641"
}
] |
CONVFINQA5099
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2014 and 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately $ 2.2 billion , net of discounts and issuance costs . the floating rate senior notes due in 2015 bear interest at a rate equal to three-month libor plus 0.45 percent , which rate will be reset quarterly . the floating rate senior notes due in 2016 bears interest at a rate equal to three-month libor plus 0.54 percent , which rate will be reset quarterly . the schedule below summarizes the key terms of these notes ( in millions ) . . <table class='wikitable'><tr><td>1</td><td>floating rate due december 15 2015</td><td>$ 500</td></tr><tr><td>2</td><td>floating rate due december 15 2016</td><td>350</td></tr><tr><td>3</td><td>1.20% ( 1.20 % ) due december 15 2016 ( 1 )</td><td>650</td></tr><tr><td>4</td><td>2.25% ( 2.25 % ) due december 15 2018</td><td>750</td></tr><tr><td>5</td><td>discount and issuance costs</td><td>-2 ( 2 )</td></tr><tr><td>6</td><td>net proceeds</td><td>$ 2248</td></tr></table> ( 1 ) the 1.20% ( 1.20 % ) $ 650 million note due december 15 , 2016 was redeemed on november 13 , 2014 . the senior notes were classified as short-term debt on devon 2019s consolidated balance sheet as of december 31 , 2013 due to certain redemption features in the event that the geosouthern acquisition was not completed on or prior to june 30 , 2014 . on february 28 , 2014 , the geosouthern acquisition closed and thus the senior notes were subsequently classified as long-term debt . additionally , during december 2013 , devon entered into a term loan agreement with a group of major financial institutions pursuant to which devon could draw up to $ 2.0 billion to finance , in part , the geosouthern acquisition and to pay transaction costs . in february 2014 , devon drew the $ 2.0 billion of term loans for the geosouthern transaction , and the amount was subsequently repaid on june 30 , 2014 with the canadian divestiture proceeds that were repatriated to the u.s . in june 2014 , at which point the term loan was terminated. .\nQuestion: what was the combined floating rate due for 2015 and 2016?\n"
},
{
"role": "agent",
"content": "850.0"
}
] |
CONVFINQA10659
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nhr solutions . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>revenue</td><td>$ 2111</td><td>$ 1267</td><td>$ 1356</td></tr><tr><td>3</td><td>operating income</td><td>234</td><td>203</td><td>208</td></tr><tr><td>4</td><td>operating margin</td><td>11.1% ( 11.1 % )</td><td>16.0% ( 16.0 % )</td><td>15.3% ( 15.3 % )</td></tr></table> in october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies . hewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand . hewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 . our hr solutions segment generated approximately 25% ( 25 % ) of our consolidated total revenues in 2010 and provides a broad range of human capital services , as follows : consulting services : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees . benefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services . 2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration . 2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries . 2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management . outsourcing services : 2022 benefits outsourcing applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services . our model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions . 2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and record and manage talent , workforce and other core hr process transactions as well as other complementary services such as absence management , flexible spending , dependent audit and participant advocacy . beginning in late 2008 , the disruption in the global credit markets and the deterioration of the financial markets created significant uncertainty in the marketplace . weak economic conditions globally continued throughout 2010 . the prolonged economic downturn is adversely impacting our clients 2019 financial condition and therefore the levels of business activities in the industries and geographies where we operate . while we believe that the majority of our practices are well positioned to manage through this time , these challenges are reducing demand for some of our services and putting .\nQuestion: what was the revenue in 2010?\nAnswer: 2111.0\nQuestion: and in 2009?\nAnswer: 1267.0\nQuestion: so how much did this value change between the two years?\n"
},
{
"role": "agent",
"content": "844.0"
}
] |
CONVFINQA3777
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 was, in millions, the difference in the number of international subscribers between discovery channel and animal planet?\nAnswer: 71.0\nQuestion: and what was that difference between discovery channel and discovery science?\n"
},
{
"role": "agent",
"content": "190.0"
}
] |
CONVFINQA9730
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc . for the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k . other important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above . executive summary company overview welltower inc . ( nyse : hcn ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure . the company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience . welltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states , canada and the united kingdom , consisting of seniors housing and post-acute communities and outpatient medical properties . our capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets . the following table summarizes our consolidated portfolio for the year ended december 31 , 2016 ( dollars in thousands ) : type of property net operating income ( noi ) ( 1 ) percentage of number of properties . <table class='wikitable'><tr><td>1</td><td>type of property</td><td>net operating income ( noi ) ( 1 )</td><td>percentage of noi</td><td>number of properties</td></tr><tr><td>2</td><td>triple-net</td><td>$ 1208860</td><td>50.3% ( 50.3 % )</td><td>631</td></tr><tr><td>3</td><td>seniors housing operating</td><td>814114</td><td>33.9% ( 33.9 % )</td><td>420</td></tr><tr><td>4</td><td>outpatient medical</td><td>380264</td><td>15.8% ( 15.8 % )</td><td>262</td></tr><tr><td>5</td><td>totals</td><td>$ 2403238</td><td>100.0% ( 100.0 % )</td><td>1313</td></tr></table> ( 1 ) excludes our share of investments in unconsolidated entities and non-segment/corporate noi . entities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount . business strategy our primary objectives are to protect stockholder capital and enhance stockholder value . we seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth . to meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location . substantially all of our revenues are derived from operating lease rentals , resident fees and services , and interest earned on outstanding loans receivable . these items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties . to the extent that our customers/partners experience operating difficulties and become unable to generate sufficient cash to make payments to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition . to mitigate this risk , we monitor our investments through a variety of methods determined by the type of property . our proactive and comprehensive asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral . our internal property management division actively manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations , lease expirations , the mix of health service providers , hospital/health system relationships , property performance .\nQuestion: what was the number of properties related to outpatient medical?\nAnswer: 262.0\nQuestion: and what was the total number of properties?\nAnswer: 1313.0\nQuestion: what percentage, then, of this total, did the properties related to outpatient medical represent?\n"
},
{
"role": "agent",
"content": "0.19954"
}
] |
CONVFINQA10048
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 is the benefit payment value in 2012?\n"
},
{
"role": "agent",
"content": "3369.0"
}
] |
CONVFINQA733
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmarathon oil corporation notes to consolidated financial statements 7 . dispositions outside-operated norwegian properties 2013 on october 31 , 2008 , we closed the sale of our norwegian outside-operated properties and undeveloped offshore acreage in the heimdal area of the norwegian north sea for net proceeds of $ 301 million , with a pretax gain of $ 254 million as of december 31 , 2008 . pilot travel centers 2013 on october 8 , 2008 , we completed the sale of our 50 percent ownership interest in ptc . sale proceeds were $ 625 million , with a pretax gain on the sale of $ 126 million . immediately preceding the sale , we received a $ 75 million partial redemption of our ownership interest from ptc that was accounted for as a return of investment . operated irish properties 2013 on december 17 , 2008 , we agreed to sell our operated properties located in ireland for proceeds of $ 180 million , before post-closing adjustments and cash on hand at closing . closing is subject to completion of the necessary administrative processes . as of december 31 , 2008 , operating assets and liabilities were classified as held for sale , as disclosed by major class in the following table : ( in millions ) 2008 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td></tr><tr><td>2</td><td>current assets</td><td>$ 164</td></tr><tr><td>3</td><td>noncurrent assets</td><td>103</td></tr><tr><td>4</td><td>total assets</td><td>267</td></tr><tr><td>5</td><td>current liabilities</td><td>62</td></tr><tr><td>6</td><td>noncurrent liabilities</td><td>199</td></tr><tr><td>7</td><td>total liabilities</td><td>261</td></tr><tr><td>8</td><td>net assets held for sale</td><td>$ 6</td></tr></table> 8 . discontinued operations on june 2 , 2006 , we sold our russian oil exploration and production businesses in the khanty-mansiysk region of western siberia . under the terms of the agreement , we received $ 787 million for these businesses , plus preliminary working capital and other closing adjustments of $ 56 million , for a total transaction value of $ 843 million . proceeds net of transaction costs and cash held by the russian businesses at the transaction date totaled $ 832 million . a gain on the sale of $ 243 million ( $ 342 million before income taxes ) was reported in discontinued operations for 2006 . income taxes on this gain were reduced by the utilization of a capital loss carryforward . exploration and production segment goodwill of $ 21 million was allocated to the russian assets and reduced the reported gain . adjustments to the sales price were completed in 2007 and an additional gain on the sale of $ 8 million ( $ 13 million before income taxes ) was recognized . the activities of the russian businesses have been reported as discontinued operations in the consolidated statements of income and the consolidated statements of cash flows for 2006 . revenues applicable to discontinued operations were $ 173 million and pretax income from discontinued operations was $ 45 million for 2006. .\nQuestion: what is the balance of current assets in 2008?\nAnswer: 164.0\nQuestion: what about in the current liabilities?\nAnswer: 62.0\nQuestion: what is the current ratio?\nAnswer: 2.64516\nQuestion: what is the value of current assets?\nAnswer: 164.0\nQuestion: what about the value of non-current assets?\nAnswer: 103.0\nQuestion: what is the sum of total assets?\nAnswer: 267.0\nQuestion: what about the average of current and noncurrent assets?\n"
},
{
"role": "agent",
"content": "133.5"
}
] |
CONVFINQA4917
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\na reconciliation of the beginning and ending amount of unrecognized tax benefits , for the periods indicated , is as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 29010</td><td>$ 34366</td><td>$ 29132</td></tr><tr><td>3</td><td>additions based on tax positions related to the current year</td><td>7119</td><td>6997</td><td>5234</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>-</td><td>-</td><td>-</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-</td><td>-</td><td>-</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>-12356 ( 12356 )</td><td>-12353 ( 12353 )</td><td>-</td></tr><tr><td>7</td><td>lapses of applicable statutes of limitations</td><td>-</td><td>-</td><td>-</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 23773</td><td>$ 29010</td><td>$ 34366</td></tr></table> the entire amount of the unrecognized tax benefits would affect the effective tax rate if recognized . in 2010 , the company favorably settled a 2003 and 2004 irs audit . the company recorded a net overall tax benefit including accrued interest of $ 25920 thousand . in addition , the company was also able to take down a $ 12356 thousand fin 48 reserve that had been established regarding the 2003 and 2004 irs audit . the company is no longer subject to u.s . federal , state and local or foreign income tax examinations by tax authorities for years before 2007 . the company recognizes accrued interest related to net unrecognized tax benefits and penalties in income taxes . during the years ended december 31 , 2010 , 2009 and 2008 , the company accrued and recognized a net expense ( benefit ) of approximately $ ( 9938 ) thousand , $ 1563 thousand and $ 2446 thousand , respectively , in interest and penalties . included within the 2010 net expense ( benefit ) of $ ( 9938 ) thousand is $ ( 10591 ) thousand of accrued interest related to the 2003 and 2004 irs audit . the company is not aware of any positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within twelve months of the reporting date . for u.s . income tax purposes the company has foreign tax credit carryforwards of $ 55026 thousand that begin to expire in 2014 . in addition , for u.s . income tax purposes the company has $ 41693 thousand of alternative minimum tax credits that do not expire . management believes that it is more likely than not that the company will realize the benefits of its net deferred tax assets and , accordingly , no valuation allowance has been recorded for the periods presented . tax benefits of $ 629 thousand and $ 1714 thousand related to share-based compensation deductions for stock options exercised in 2010 and 2009 , respectively , are included within additional paid-in capital of the shareholders 2019 equity section of the consolidated balance sheets. .\nQuestion: what was the balance in the beginning of 2010?\nAnswer: 36129.0\nQuestion: and what were the additions based on tax positions related to the current year on that year?\n"
},
{
"role": "agent",
"content": "25920.0"
}
] |
CONVFINQA9723
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 , 2004 compared to year ended december 31 , 2003 the historical results of operations of pca for the years ended december 31 , 2004 and 2003 are set forth below : for the year ended december 31 , ( in millions ) 2004 2003 change . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>for the year ended december 31 , 2004</td><td>for the year ended december 31 , 2003</td><td>change</td></tr><tr><td>2</td><td>net sales</td><td>$ 1890.1</td><td>$ 1735.5</td><td>$ 154.6</td></tr><tr><td>3</td><td>income before interest and taxes</td><td>$ 140.5</td><td>$ 96.9</td><td>$ 43.6</td></tr><tr><td>4</td><td>interest expense net</td><td>-29.6 ( 29.6 )</td><td>-121.8 ( 121.8 )</td><td>92.2</td></tr><tr><td>5</td><td>income ( loss ) before taxes</td><td>110.9</td><td>-24.9 ( 24.9 )</td><td>135.8</td></tr><tr><td>6</td><td>( provision ) benefit for income taxes</td><td>-42.2 ( 42.2 )</td><td>10.5</td><td>-52.7 ( 52.7 )</td></tr><tr><td>7</td><td>net income ( loss )</td><td>$ 68.7</td><td>$ -14.4 ( 14.4 )</td><td>$ 83.1</td></tr></table> net sales net sales increased by $ 154.6 million , or 8.9% ( 8.9 % ) , for the year ended december 31 , 2004 from the year ended december 31 , 2003 . net sales increased due to improved sales volumes and prices of corrugated products and containerboard compared to 2003 . total corrugated products volume sold increased 6.6% ( 6.6 % ) to 29.9 billion square feet in 2004 compared to 28.1 billion square feet in 2003 . on a comparable shipment-per-workday basis , corrugated products sales volume increased 7.0% ( 7.0 % ) in 2004 from 2003 . excluding pca 2019s acquisition of acorn in february 2004 , corrugated products volume was 5.3% ( 5.3 % ) higher in 2004 than 2003 and up 5.8% ( 5.8 % ) compared to 2003 on a shipment-per-workday basis . shipments-per-workday is calculated by dividing our total corrugated products volume during the year by the number of workdays within the year . the larger percentage increase was due to the fact that 2004 had one less workday ( 251 days ) , those days not falling on a weekend or holiday , than 2003 ( 252 days ) . containerboard sales volume to external domestic and export customers increased 6.8% ( 6.8 % ) to 475000 tons for the year ended december 31 , 2004 from 445000 tons in 2003 . income before interest and taxes income before interest and taxes increased by $ 43.6 million , or 45.1% ( 45.1 % ) , for the year ended december 31 , 2004 compared to 2003 . included in income before interest and taxes for the year ended december 31 , 2004 is income of $ 27.8 million , net of expenses , attributable to a dividend paid to pca by stv , the timberlands joint venture in which pca owns a 311 20443% ( 20443 % ) ownership interest . included in income before interest and taxes for the year ended december 31 , 2003 is a $ 3.3 million charge for fees and expenses related to the company 2019s debt refinancing which was completed in july 2003 , and a fourth quarter charge of $ 16.0 million to settle certain benefits related matters with pactiv corporation dating back to april 12 , 1999 when pca became a stand-alone company , as described below . during the fourth quarter of 2003 , pactiv notified pca that we owed pactiv additional amounts for hourly pension benefits and workers 2019 compensation liabilities dating back to april 12 , 1999 . a settlement of $ 16.0 million was negotiated between pactiv and pca in december 2003 . the full amount of the settlement was accrued in the fourth quarter of 2003 . excluding these special items , operating income decreased $ 3.4 million in 2004 compared to 2003 . the $ 3.4 million decrease in income before interest and taxes was primarily attributable to increased energy and transportation costs ( $ 19.2 million ) , higher recycled and wood fiber costs ( $ 16.7 million ) , increased salary expenses related to annual increases and new hires ( $ 5.7 million ) , and increased contractual hourly labor costs ( $ 5.6 million ) , which was partially offset by increased sales volume and sales prices ( $ 44.3 million ) . .\nQuestion: what were the net sales in 2003?\nAnswer: 1735.5\nQuestion: and what was the income before interest and taxes in that year?\nAnswer: 96.9\nQuestion: what were, then, those sales without this income?\nAnswer: 1638.6\nQuestion: and considering this year plus the next, what was the combined total of those net sales?\n"
},
{
"role": "agent",
"content": "3625.6"
}
] |
CONVFINQA4219
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ninternational networks international networks generated revenues of $ 3.0 billion and adjusted oibda of $ 848 million during 2016 , which represented 47% ( 47 % ) and 35% ( 35 % ) of our total consolidated revenues and adjusted oibda , respectively . our international networks segment principally consists of national and pan-regional television networks and brands that are delivered across multiple distribution platforms . this segment generates revenue from operations in virtually every pay-tv market in the world through an infrastructure that includes operational centers in london , warsaw , milan , singapore and miami . global brands include discovery channel , animal planet , tlc , id , science channel and turbo ( known as velocity in the u.s. ) , along with brands exclusive to international networks , including eurosport , real time , dmax and discovery kids . as of december 31 , 2016 , international networks operated over 400 unique distribution feeds in over 40 languages with channel feeds customized according to language needs and advertising sales opportunities . international networks also has fta and broadcast networks in europe and the middle east and broadcast networks in germany , norway and sweden , and continues to pursue further international expansion . fta networks generate a significant portion of international networks' revenue . the penetration and growth rates of television services vary across countries and territories depending on numerous factors including the dominance of different television platforms in local markets . while pay-tv services have greater penetration in certain markets , fta or broadcast television is dominant in others . international networks has a large international distribution platform for its 37 networks , with as many as 13 networks distributed in any particular country or territory across the more than 220 countries and territories around the world . international networks pursues distribution across all television platforms based on the specific dynamics of local markets and relevant commercial agreements . in addition to the global networks described in the overview section above , we operate networks internationally that utilize the following brands : 2022 eurosport is the leading sports entertainment provider across europe with the following tv brands : eurosport , eurosport 2 and eurosportnews , reaching viewers across europe and asia , as well as eurosport digital , which includes eurosport player and eurosport.com . 2022 viewing subscribers reached by each brand as of december 31 , 2016 were as follows : eurosport : 133 million ; eurosport 2 : 65 million ; and eurosportnews : 9 million . 2022 eurosport telecasts live sporting events with both local and pan-regional appeal and its events focus on winter sports , cycling and tennis , including the tour de france and it is the home of grand slam tennis with all four tournaments . important local sports rights include bundesliga and motogp . in addition , eurosport has increasingly invested in more exclusive and localized rights to drive local audience and commercial relevance . 2022 we have acquired the exclusive broadcast rights across all media platforms throughout europe for the four olympic games between 2018 and 2024 for 20ac1.3 billion ( $ 1.5 billion as of december 31 , 2016 ) . the broadcast rights exclude france for the olympic games in 2018 and 2020 , and exclude russia . in addition to fta broadcasts for the olympic games , many of these events are set to air on eurosport's pay-tv and digital platforms . 2022 on november 2 , 2016 , we announced a long-term agreement and joint venture partnership with bamtech ( \"mlbam\" ) a technology services and video streaming company , and subsidiary of major league baseball's digital business , that includes the formation of bamtech europe , a joint venture that will provide digital technology services to a broad set of both sports and entertainment clients across europe . 2022 as of december 31 , 2016 , dmax reached approximately 103 million viewers through fta networks , according to internal estimates . 2022 dmax is a men 2019s factual entertainment channel in asia and europe . 2022 discovery kids reached approximately 121 million viewers , according to internal estimates , as of december 31 , 2016 . 2022 discovery kids is a leading children's network in latin america and asia . our international networks segment also owns and operates the following regional television networks , which reached the following number of subscribers and viewers via pay and fta or broadcast networks , respectively , as of december 31 , 2016 : television service international subscribers/viewers ( millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>television service</td><td>internationalsubscribers/viewers ( millions )</td></tr><tr><td>2</td><td>quest</td><td>fta</td><td>77</td></tr><tr><td>3</td><td>nordic broadcast networks ( a )</td><td>broadcast</td><td>35</td></tr><tr><td>4</td><td>giallo</td><td>fta</td><td>25</td></tr><tr><td>5</td><td>frisbee</td><td>fta</td><td>25</td></tr><tr><td>6</td><td>focus</td><td>fta</td><td>25</td></tr><tr><td>7</td><td>k2</td><td>fta</td><td>25</td></tr><tr><td>8</td><td>deejay tv</td><td>fta</td><td>25</td></tr><tr><td>9</td><td>discovery hd world</td><td>pay</td><td>24</td></tr><tr><td>10</td><td>shed</td><td>pay</td><td>12</td></tr><tr><td>11</td><td>discovery history</td><td>pay</td><td>10</td></tr><tr><td>12</td><td>discovery world</td><td>pay</td><td>6</td></tr><tr><td>13</td><td>discovery en espanol ( u.s. )</td><td>pay</td><td>6</td></tr><tr><td>14</td><td>discovery familia ( u.s. )</td><td>pay</td><td>6</td></tr></table> ( a ) number of subscribers corresponds to the sum of the subscribers to each of the nordic broadcast networks in sweden , norway , finland and denmark subject to retransmission agreements with pay-tv providers . the nordic broadcast networks include kanal 5 , kanal 9 , and kanal 11 in sweden , tv norge , max , fem and vox in norway , tv 5 , kutonen , and frii in finland , and kanal 4 , kanal 5 , 6'eren , and canal 9 in denmark . similar to u.s . networks , a significant source of revenue for international networks relates to fees charged to operators who distribute our linear networks . such operators primarily include cable and dth satellite service providers . 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 distributor agreements , and the market demand for the content that we provide . the other significant source of revenue for international networks relates to advertising sold on our television networks and across distribution platforms , similar to u.s . networks . advertising revenue is dependent upon a number of factors , including the development of pay and fta 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 portfolio of channels on multiple platforms . 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 , advertising revenue growth results from continued subscriber growth , our localization strategy , and the shift of advertising spending from traditional broadcast networks to channels .\nQuestion: what was the sum of eurosport and eurosport 2 viewing subscribers?\nAnswer: 198.0\nQuestion: what is the sum plus those from eurosport news?\nAnswer: 207.0\nQuestion: what is the percent of eurosport 2 viewers to the sum?\n"
},
{
"role": "agent",
"content": "0.31401"
}
] |
CONVFINQA5520
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfor the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities . unrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales . for the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities . unrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales . note 13 . equity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards . in addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan . the 1997 plan expired on december 18 , 2006 . as of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan . as of december 31 , 2006 , 106045 awards have been made under the 2006 plan . we have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made . the exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant . stock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant . for restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights . in general , these grants vest over three years . for deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant . generally , these grants vest over two- , three- or four-year periods . performance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods . payment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period . we record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period . we use a black-scholes option-pricing model to estimate the fair value of the options granted . the weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>dividend yield</td><td>1.41% ( 1.41 % )</td><td>1.85% ( 1.85 % )</td><td>1.35% ( 1.35 % )</td></tr><tr><td>3</td><td>expected volatility</td><td>26.50</td><td>28.70</td><td>27.10</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>4.60</td><td>4.19</td><td>3.02</td></tr><tr><td>5</td><td>expected option lives ( in years )</td><td>7.8</td><td>7.8</td><td>5.0</td></tr></table> compensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . the related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively . seq 87 copyarea : 38 . x 54 . trimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\\\fc\\\\delivery_1024177\\\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) .\nQuestion: what was the net change in the value of employee benefit expense from 2004 to 2006?\n"
},
{
"role": "agent",
"content": "134.0"
}
] |
CONVFINQA7194
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis the risk committee of the board and the risk governance committee ( through delegated authority from the firmwide risk committee ) approve market risk limits and sub-limits at firmwide , business and product levels , consistent with our risk appetite statement . in addition , market risk management ( through delegated authority from the risk governance committee ) sets market risk limits and sub-limits at certain product and desk levels . the purpose of the firmwide limits is to assist senior management in controlling our overall risk profile . sub-limits are set below the approved level of risk limits . sub-limits set the desired maximum amount of exposure that may be managed by any particular business on a day-to-day basis without additional levels of senior management approval , effectively leaving day-to-day decisions to individual desk managers and traders . accordingly , sub-limits are a management tool designed to ensure appropriate escalation rather than to establish maximum risk tolerance . sub-limits also distribute risk among various businesses in a manner that is consistent with their level of activity and client demand , taking into account the relative performance of each area . our market risk limits are monitored daily by market risk management , which is responsible for identifying and escalating , on a timely basis , instances where limits have been exceeded . when a risk limit has been exceeded ( e.g. , due to positional changes or changes in market conditions , such as increased volatilities or changes in correlations ) , it is escalated to senior managers in market risk management and/or the appropriate risk committee . such instances are remediated by an inventory reduction and/or a temporary or permanent increase to the risk limit . model review and validation our var and stress testing models are regularly reviewed by market risk management and enhanced in order to incorporate changes in the composition of positions included in our market risk measures , as well as variations in market conditions . prior to implementing significant changes to our assumptions and/or models , model risk management performs model validations . significant changes to our var and stress testing models are reviewed with our chief risk officer and chief financial officer , and approved by the firmwide risk committee . see 201cmodel risk management 201d for further information about the review and validation of these models . systems we have made a significant investment in technology to monitor market risk including : 2030 an independent calculation of var and stress measures ; 2030 risk measures calculated at individual position levels ; 2030 attribution of risk measures to individual risk factors of each position ; 2030 the ability to report many different views of the risk measures ( e.g. , by desk , business , product type or entity ) ; 2030 the ability to produce ad hoc analyses in a timely manner . metrics we analyze var at the firmwide level and a variety of more detailed levels , including by risk category , business , and region . the tables below present average daily var and period-end var , as well as the high and low var for the period . diversification effect in the tables below represents the difference between total var and the sum of the vars for the four risk categories . this effect arises because the four market risk categories are not perfectly correlated . the table below presents average daily var by risk category. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>interest rates</td><td>$ 40</td><td>$ 45</td><td>$ 47</td></tr><tr><td>3</td><td>equity prices</td><td>24</td><td>25</td><td>26</td></tr><tr><td>4</td><td>currency rates</td><td>12</td><td>21</td><td>30</td></tr><tr><td>5</td><td>commodity prices</td><td>13</td><td>17</td><td>20</td></tr><tr><td>6</td><td>diversification effect</td><td>-35 ( 35 )</td><td>-45 ( 45 )</td><td>-47 ( 47 )</td></tr><tr><td>7</td><td>total</td><td>$ 54</td><td>$ 63</td><td>$ 76</td></tr></table> our average daily var decreased to $ 54 million in 2017 from $ 63 million in 2016 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to lower levels of volatility . our average daily var decreased to $ 63 million in 2016 from $ 76 million in 2015 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to reduced exposures . goldman sachs 2017 form 10-k 91 .\nQuestion: what was the average daily var in the currency rates risk category in 2017?\nAnswer: 12.0\nQuestion: and what was it in 2016?\n"
},
{
"role": "agent",
"content": "21.0"
}
] |
CONVFINQA1662
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nkey operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments . the 7 percent decrease in income from continuing operations included lower earnings in the u.k . and e.g. , partially offset by higher earnings in libya . also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 . the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 . revenues are summarized in the following table: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>e&p</td><td>$ 14084</td><td>$ 13029</td></tr><tr><td>3</td><td>osm</td><td>1552</td><td>1588</td></tr><tr><td>4</td><td>ig</td><td>2014</td><td>93</td></tr><tr><td>5</td><td>segment revenues</td><td>15636</td><td>14710</td></tr><tr><td>6</td><td>elimination of intersegment revenues</td><td>2014</td><td>-47 ( 47 )</td></tr><tr><td>7</td><td>unrealized gain on crude oil derivative instruments</td><td>52</td><td>2014</td></tr><tr><td>8</td><td>total revenues</td><td>$ 15688</td><td>$ 14663</td></tr></table> e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes . e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 . see item 8 . financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments . included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale . see the cost of revenues discussion as revenues from supply optimization approximate the related costs . supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .\nQuestion: what is the total revenue in 2012?\n"
},
{
"role": "agent",
"content": "15688.0"
}
] |
CONVFINQA8455
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npipeline transportation 2013 we own a system of pipelines through marathon pipe line llc ( 201cmpl 201d ) and ohio river pipe line llc ( 201corpl 201d ) , our wholly-owned subsidiaries . our pipeline systems transport crude oil and refined products primarily in the midwest and gulf coast regions to our refineries , our terminals and other pipeline systems . our mpl and orpl wholly-owned and undivided interest common carrier systems consist of 1737 miles of crude oil lines and 1825 miles of refined product lines comprising 32 systems located in 11 states . the mpl common carrier pipeline network is one of the largest petroleum pipeline systems in the united states , based on total barrels delivered . our common carrier pipeline systems are subject to state and federal energy regulatory commission regulations and guidelines , including published tariffs for the transportation of crude oil and refined products . third parties generated 13 percent of the crude oil and refined product shipments on our mpl and orpl common carrier pipelines in 2009 . our mpl and orpl common carrier pipelines transported the volumes shown in the following table for each of the last three years . pipeline barrels handled ( thousands of barrels per day ) 2009 2008 2007 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>crude oil trunk lines</td><td>1279</td><td>1405</td><td>1451</td></tr><tr><td>3</td><td>refined products trunk lines</td><td>953</td><td>960</td><td>1049</td></tr><tr><td>4</td><td>total</td><td>2232</td><td>2365</td><td>2500</td></tr></table> we also own 196 miles of private crude oil pipelines and 850 miles of private refined products pipelines , and we lease 217 miles of common carrier refined product pipelines . we have partial ownership interests in several pipeline companies that have approximately 780 miles of crude oil pipelines and 3600 miles of refined products pipelines , including about 970 miles operated by mpl . in addition , mpl operates most of our private pipelines and 985 miles of crude oil and 160 miles of natural gas pipelines owned by our e&p segment . our major refined product pipelines include the owned and operated cardinal products pipeline and the wabash pipeline . the cardinal products pipeline delivers refined products from kenova , west virginia , to columbus , ohio . the wabash pipeline system delivers product from robinson , illinois , to various terminals in the area of chicago , illinois . other significant refined product pipelines owned and operated by mpl extend from : robinson , illinois , to louisville , kentucky ; garyville , louisiana , to zachary , louisiana ; and texas city , texas , to pasadena , texas . in addition , as of december 31 , 2009 , we had interests in the following refined product pipelines : 2022 65 percent undivided ownership interest in the louisville-lexington system , a petroleum products pipeline system extending from louisville to lexington , kentucky ; 2022 60 percent interest in muskegon pipeline llc , which owns a refined products pipeline extending from griffith , indiana , to north muskegon , michigan ; 2022 50 percent interest in centennial pipeline llc , which owns a refined products system connecting the gulf coast region with the midwest market ; 2022 17 percent interest in explorer pipeline company , a refined products pipeline system extending from the gulf coast to the midwest ; and 2022 6 percent interest in wolverine pipe line company , a refined products pipeline system extending from chicago , illinois , to toledo , ohio . our major owned and operated crude oil lines run from : patoka , illinois , to catlettsburg , kentucky ; patoka , illinois , to robinson , illinois ; patoka , illinois , to lima , ohio ; lima , ohio to canton , ohio ; samaria , michigan , to detroit , michigan ; and st . james , louisiana , to garyville , louisiana . as of december 31 , 2009 , we had interests in the following crude oil pipelines : 2022 51 percent interest in loop llc , the owner and operator of loop , which is the only u.s . deepwater oil port , located 18 miles off the coast of louisiana , and a crude oil pipeline connecting the port facility to storage caverns and tanks at clovelly , louisiana ; 2022 59 percent interest in locap llc , which owns a crude oil pipeline connecting loop and the capline system; .\nQuestion: what is the value of crude oil trunk lines handled in 2009?\nAnswer: 1279.0\nQuestion: what about the total pipeline barrels?\nAnswer: 2232.0\nQuestion: what portion does this represent?\nAnswer: 0.57303\nQuestion: what is the net change in the total pipeline barrels from 2007 to 2009?\n"
},
{
"role": "agent",
"content": "268.0"
}
] |
CONVFINQA5503
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2010 , we granted 3.8 million rsus and 1.1 million employee sars . see footnote no . 4 , 201cshare-based compensation , 201d of the notes to our financial statements for additional information . new accounting standards see footnote no . 1 , 201csummary of significant accounting policies , 201d of the notes to our financial statements for information related to our adoption of new accounting standards in 2010 and for information on our anticipated adoption of recently issued accounting standards . liquidity and capital resources cash requirements and our credit facilities our credit facility , which expires on may 14 , 2012 , and associated letters of credit , provide for $ 2.4 billion of aggregate effective borrowings . borrowings under the credit facility bear interest at the london interbank offered rate ( libor ) plus a fixed spread based on the credit ratings for our public debt . we also pay quarterly fees on the credit facility at a rate based on our public debt rating . for additional information on our credit facility , including participating financial institutions , see exhibit 10 , 201camended and restated credit agreement , 201d to our current report on form 8-k filed with the sec on may 16 , 2007 . although our credit facility does not expire until 2012 , we expect that we may extend or replace it during 2011 . the credit facility contains certain covenants , including a single financial covenant that limits our maximum leverage ( consisting of adjusted total debt to consolidated ebitda , each as defined in the credit facility ) to not more than 4 to 1 . our outstanding public debt does not contain a corresponding financial covenant or a requirement that we maintain certain financial ratios . we currently satisfy the covenants in our credit facility and public debt instruments , including the leverage covenant under the credit facility , and do not expect the covenants to restrict our ability to meet our anticipated borrowing and guarantee levels or increase those levels should we need to do so in the future . we believe the credit facility , together with cash we expect to generate from operations and our ability to raise capital , remains adequate to meet our short-term and long-term liquidity requirements , finance our long-term growth plans , meet debt service , and fulfill other cash requirements . at year-end 2010 , our available borrowing capacity amounted to $ 2.831 billion and reflected borrowing capacity of $ 2.326 billion under our credit facility and our cash balance of $ 505 million . we calculate that borrowing capacity by taking $ 2.404 billion of effective aggregate bank commitments under our credit facility and subtracting $ 78 million of outstanding letters of credit under our credit facility . during 2010 , we repaid our outstanding credit facility borrowings and had no outstanding balance at year-end . as noted in the previous paragraphs , we anticipate that this available capacity will be adequate to fund our liquidity needs . since we continue to have ample flexibility under the credit facility 2019s covenants , we also expect that undrawn bank commitments under the credit facility will remain available to us even if business conditions were to deteriorate markedly . cash from operations cash from operations , depreciation expense , and amortization expense for the last three fiscal years are as follows : ( $ in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>cash from operations</td><td>$ 1151</td><td>$ 868</td><td>$ 641</td></tr><tr><td>3</td><td>depreciation expense</td><td>138</td><td>151</td><td>155</td></tr><tr><td>4</td><td>amortization expense</td><td>40</td><td>34</td><td>35</td></tr></table> our ratio of current assets to current liabilities was roughly 1.4 to 1.0 at year-end 2010 and 1.2 to 1.0 at year-end 2009 . we minimize working capital through cash management , strict credit-granting policies , and aggressive collection efforts . we also have significant borrowing capacity under our credit facility should we need additional working capital. .\nQuestion: what is the net change in cash from operations from 2008 to 2009?\nAnswer: 227.0\nQuestion: what is the cash from operations in 2008?\n"
},
{
"role": "agent",
"content": "641.0"
}
] |
CONVFINQA931
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 28 , 2007 through october 28 , 2012 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 28 , 2007 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index * $ 100 invested on 10/28/07 in stock or 10/31/07 in index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2012 s&p , a division of the mcgraw-hill companies inc . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>10/28/2007</td><td>10/26/2008</td><td>10/25/2009</td><td>10/31/2010</td><td>10/30/2011</td><td>10/28/2012</td></tr><tr><td>2</td><td>applied materials</td><td>100.00</td><td>61.22</td><td>71.06</td><td>69.23</td><td>72.37</td><td>62.92</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.00</td><td>63.90</td><td>70.17</td><td>81.76</td><td>88.37</td><td>101.81</td></tr><tr><td>4</td><td>rdg semiconductor composite index</td><td>100.00</td><td>54.74</td><td>68.59</td><td>84.46</td><td>91.33</td><td>82.37</td></tr></table> dividends during fiscal 2012 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.09 per share each and one quarterly cash dividend in the amount of $ 0.08 per share . during fiscal 2011 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.08 per share each and one quarterly cash dividend in the amount of $ 0.07 per share . during fiscal 2010 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.07 per share each and one quarterly cash dividend in the amount of $ 0.06 . dividends declared during fiscal 2012 , 2011 and 2010 amounted to $ 438 million , $ 408 million and $ 361 million , respectively . applied currently anticipates that it will continue to pay cash dividends on a quarterly basis in the future , although the declaration and amount of any future cash dividends are at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination that cash dividends are in the best interests of applied 2019s stockholders . 10/28/07 10/26/08 10/25/09 10/31/10 10/30/11 10/28/12 applied materials , inc . s&p 500 rdg semiconductor composite .\nQuestion: what is the net change of a $100 investment in s&p500 index from 2007 to 2010?\nAnswer: -18.24\nQuestion: what roi does this represent?\nAnswer: -0.1824\nQuestion: what is the total cash dividend per share for the first three quarters of 2012?\nAnswer: 0.27\nQuestion: what about the cash dividend per share in the fourth quarter?\nAnswer: 0.08\nQuestion: what about the yearly dividend per share?\nAnswer: 0.35\nQuestion: what is the total amount used for cash dividends in 2012?\nAnswer: 438.0\nQuestion: on average, how many shares received the yearly dividend in 2012?\n"
},
{
"role": "agent",
"content": "1251.42857"
}
] |
CONVFINQA4226
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nissuer purchases of equity securities the following table provides information about purchases by us during the three months ended december 31 , 2013 of equity securities that are registered by us pursuant to section 12 of the exchange act : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) ( 2 ) dollar value of shares that may yet be purchased under the plans or programs ( 1 ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased ( 1 )</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announcedplans or programs ( 1 ) ( 2 )</td><td>dollar value of shares that may yet be purchased under the plans orprograms ( 1 )</td></tr><tr><td>2</td><td>october 2013</td><td>0</td><td>$ 0</td><td>0</td><td>$ 781118739</td></tr><tr><td>3</td><td>november 2013</td><td>1191867</td><td>98.18</td><td>1191867</td><td>664123417</td></tr><tr><td>4</td><td>december 2013</td><td>802930</td><td>104.10</td><td>802930</td><td>580555202</td></tr><tr><td>5</td><td>total</td><td>1994797</td><td>$ 100.56</td><td>1994797</td><td>-</td></tr></table> ( 1 ) as announced on may 1 , 2013 , in april 2013 , the board of directors replaced its previously approved share repurchase authorization of up to $ 1 billion with a current authorization for repurchases of up to $ 1 billion of our common shares exclusive of shares repurchased in connection with employee stock plans , expiring on june 30 , 2015 . under the current share repurchase authorization , shares may be purchased from time to time at prevailing prices in the open market , by block purchases , or in privately-negotiated transactions , subject to certain regulatory restrictions on volume , pricing , and timing . as of february 1 , 2014 , the remaining authorized amount under the current authorization totaled approximately $ 580 million . ( 2 ) excludes 0.1 million shares repurchased in connection with employee stock plans. .\nQuestion: what is the ratio of the price per share in december 2013 to november 2013?\n"
},
{
"role": "agent",
"content": "1.0603"
}
] |
CONVFINQA3602
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nireland . holdings ireland , everest dublin holdings , ireland re and ireland insurance conduct business in ireland and are subject to taxation in ireland . aavailable 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 overall public and private debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , 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>2018</td><td>$ 1800.2</td></tr><tr><td>4</td><td>2017</td><td>1472.6</td></tr><tr><td>5</td><td>2016</td><td>301.2</td></tr><tr><td>6</td><td>2015</td><td>53.8</td></tr><tr><td>7</td><td>2014</td><td>56.3</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .\nQuestion: what is the value of pre-tax catastrophe losses in 2018?\nAnswer: 1800.2\nQuestion: what is the value in 2017?\nAnswer: 1472.6\nQuestion: what was the net change?\n"
},
{
"role": "agent",
"content": "327.6"
}
] |
CONVFINQA8538
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nresults of operations and the estimated fair value of acquired assets and assumed liabilities are recorded in the consolidated financial statements from the date of acquisition . pro forma results of operations for the business combinations completed during fiscal 2016 have not been presented because the effects of these acquisitions , individually and in the aggregate , would not have been material to cadence 2019s financial results . the fair values of acquired intangible assets and assumed liabilities were determined using significant inputs that are not observable in the market . for an additional description of these fair value calculations , see note 16 in the notes to the consolidated financial statements . a trust for the benefit of the children of lip-bu tan , cadence 2019s president , chief executive officer , or ceo , and director , owned less than 2% ( 2 % ) of rocketick technologies ltd. , one of the acquired companies , and mr . tan and his wife serve as co-trustees of the trust and disclaim pecuniary and economic interest in the trust . the board of directors of cadence reviewed the transaction and concluded that it was in the best interests of cadence to proceed with the transaction . mr . tan recused himself from the board of directors 2019 discussion of the valuation of rocketick technologies ltd . and on whether to proceed with the transaction . a financial advisor provided a fairness opinion to cadence in connection with the transaction . 2014 acquisitions during fiscal 2014 , cadence acquired jasper design automation , inc. , or jasper , a privately held provider of formal analysis solutions based in mountain view , california . the acquired technology complements cadence 2019s existing system design and verification platforms . total cash consideration for jasper , after taking into account adjustments for certain costs , and cash held by jasper at closing of $ 28.7 million , was $ 139.4 million . cadence will also make payments to certain employees through the third quarter of fiscal 2017 subject to continued employment and other conditions . cadence also completed two other business combinations during fiscal 2014 for total cash consideration of $ 27.5 million , after taking into account cash acquired of $ 2.1 million . acquisition-related transaction costs transaction costs associated with acquisitions were $ 1.1 million , $ 0.7 million and $ 3.7 million during fiscal 2016 , 2015 and 2014 , respectively . these costs consist of professional fees and administrative costs and were expensed as incurred in cadence 2019s consolidated income statements . note 8 . goodwill and acquired intangibles goodwill the changes in the carrying amount of goodwill during fiscal 2016 and 2015 were as follows : gross carrying amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>gross carryingamount ( in thousands )</td></tr><tr><td>2</td><td>balance as of january 3 2015</td><td>$ 553767</td></tr><tr><td>3</td><td>effect of foreign currency translation</td><td>-1995 ( 1995 )</td></tr><tr><td>4</td><td>balance as of january 2 2016</td><td>551772</td></tr><tr><td>5</td><td>goodwill resulting from acquisitions</td><td>23579</td></tr><tr><td>6</td><td>effect of foreign currency translation</td><td>-2587 ( 2587 )</td></tr><tr><td>7</td><td>balance as of december 31 2016</td><td>$ 572764</td></tr></table> cadence completed its annual goodwill impairment test during the third quarter of fiscal 2016 and determined that the fair value of cadence 2019s single reporting unit substantially exceeded the carrying amount of its net assets and that no impairment existed. .\nQuestion: what was the change in gross carrying amount from the beginning of 2015 to the end of 2016?\n"
},
{
"role": "agent",
"content": "18997.0"
}
] |
CONVFINQA2196
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n2006 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 , 2010 , there were approximately 15.3 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 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 , 2010 , 2009 and 2008 were $ 5.28 , $ 3.79 and $ 4.36 per option , respectively , which were calculated using the following weighted-average assumptions: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>expected volatility</td><td>28.6% ( 28.6 % )</td><td>28.7% ( 28.7 % )</td><td>27.3% ( 27.3 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>2.4% ( 2.4 % )</td><td>1.4% ( 1.4 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>4</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.1% ( 3.1 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>5</td><td>expected life ( in years )</td><td>4.3</td><td>4.2</td><td>4.2</td></tr><tr><td>6</td><td>contractual life ( in years )</td><td>7</td><td>7</td><td>7</td></tr><tr><td>7</td><td>expected forfeiture rate</td><td>3.0% ( 3.0 % )</td><td>3.0% ( 3.0 % )</td><td>3.0% ( 3.0 % )</td></tr></table> republic services , inc . notes to consolidated financial statements , continued .\nQuestion: what was the change in the weighted-average estimated fair values of stock options granted from 2009 to 2010?\nAnswer: 1.49\nQuestion: and how much does this change represent in relation to those estimated fair values in 2009, in percentage?\n"
},
{
"role": "agent",
"content": "0.39314"
}
] |
CONVFINQA2334
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvornado realty trust notes to consolidated financial statements ( continued ) 10 . redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period . changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity . below is a table summarizing the activity of redeemable noncontrolling interests . ( amounts in thousands ) . <table class='wikitable'><tr><td>1</td><td>balance at december 31 2008</td><td>$ 1177978</td></tr><tr><td>2</td><td>net income</td><td>25120</td></tr><tr><td>3</td><td>distributions</td><td>-42451 ( 42451 )</td></tr><tr><td>4</td><td>conversion of class a units into common shares at redemption value</td><td>-90955 ( 90955 )</td></tr><tr><td>5</td><td>adjustment to carry redeemable class a units at redemption value</td><td>167049</td></tr><tr><td>6</td><td>other net</td><td>14887</td></tr><tr><td>7</td><td>balance at december 31 2009</td><td>$ 1251628</td></tr><tr><td>8</td><td>net income</td><td>55228</td></tr><tr><td>9</td><td>distributions</td><td>-53515 ( 53515 )</td></tr><tr><td>10</td><td>conversion of class a units into common shares at redemption value</td><td>-126764 ( 126764 )</td></tr><tr><td>11</td><td>adjustment to carry redeemable class a units at redemption value</td><td>191826</td></tr><tr><td>12</td><td>redemption of series d-12 redeemable units</td><td>-13000 ( 13000 )</td></tr><tr><td>13</td><td>other net</td><td>22571</td></tr><tr><td>14</td><td>balance at december 31 2010</td><td>$ 1327974</td></tr></table> as of december 31 , 2010 and 2009 , the aggregate redemption value of redeemable class a units was $ 1066974000 and $ 971628000 , respectively . redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares . accordingly the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 55097000 and $ 60271000 as of december 31 , 2010 and 2009 , respectively. .\nQuestion: what was the balance of redeemable non-controlling interests as of 12/31/09?\nAnswer: 1251628.0\nQuestion: and as of 12/31/08?\nAnswer: 1177978.0\nQuestion: so what was the change in this value between the two years?\nAnswer: 73650.0\nQuestion: and as a percentage of the original balance?\n"
},
{
"role": "agent",
"content": "0.06252"
}
] |
CONVFINQA195
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nleveraged performance units during the year ended may 31 , 2015 , certain executives were granted performance units that we refer to as 201cleveraged performance units , 201d or 201clpus . 201d lpus contain a market condition based on our relative stock price growth over a three-year performance period . the lpus contain a minimum threshold performance which , if not met , would result in no payout . the lpus also contain a maximum award opportunity set as a fixed dollar and fixed number of shares . after the three-year performance period , which concluded in october 2017 , one-third of the earned units converted to unrestricted common stock . the remaining two-thirds converted to restricted stock that will vest in equal installments on each of the first two anniversaries of the conversion date . we recognize share-based compensation expense based on the grant date fair value of the lpus , as determined by use of a monte carlo model , on a straight-line basis over the requisite service period for each separately vesting portion of the lpu award . the following table summarizes the changes in unvested restricted stock and performance awards for the year ended december 31 , 2017 , the 2016 fiscal transition period and for the years ended may 31 , 2016 and 2015 : shares weighted-average grant-date fair value ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares ( in thousands )</td><td>weighted-averagegrant-datefair value</td></tr><tr><td>2</td><td>unvested at may 31 2014</td><td>1754</td><td>$ 22.72</td></tr><tr><td>3</td><td>granted</td><td>954</td><td>36.21</td></tr><tr><td>4</td><td>vested</td><td>-648 ( 648 )</td><td>23.17</td></tr><tr><td>5</td><td>forfeited</td><td>-212 ( 212 )</td><td>27.03</td></tr><tr><td>6</td><td>unvested at may 31 2015</td><td>1848</td><td>28.97</td></tr><tr><td>7</td><td>granted</td><td>461</td><td>57.04</td></tr><tr><td>8</td><td>vested</td><td>-633 ( 633 )</td><td>27.55</td></tr><tr><td>9</td><td>forfeited</td><td>-70 ( 70 )</td><td>34.69</td></tr><tr><td>10</td><td>unvested at may 31 2016</td><td>1606</td><td>37.25</td></tr><tr><td>11</td><td>granted</td><td>348</td><td>74.26</td></tr><tr><td>12</td><td>vested</td><td>-639 ( 639 )</td><td>31.38</td></tr><tr><td>13</td><td>forfeited</td><td>-52 ( 52 )</td><td>45.27</td></tr><tr><td>14</td><td>unvested at december 31 2016</td><td>1263</td><td>49.55</td></tr><tr><td>15</td><td>granted</td><td>899</td><td>79.79</td></tr><tr><td>16</td><td>vested</td><td>-858 ( 858 )</td><td>39.26</td></tr><tr><td>17</td><td>forfeited</td><td>-78 ( 78 )</td><td>59.56</td></tr><tr><td>18</td><td>unvested at december 31 2017</td><td>1226</td><td>$ 78.29</td></tr></table> the total fair value of restricted stock and performance awards vested was $ 33.7 million for the year ended december 31 , 2017 , $ 20.0 million for the 2016 fiscal transition period and $ 17.4 million and $ 15.0 million , respectively , for the years ended may 31 , 2016 and 2015 . for restricted stock and performance awards , we recognized compensation expense of $ 35.2 million for the year ended december 31 , 2017 , $ 17.2 million for the 2016 fiscal transition period and $ 28.8 million and $ 19.8 million , respectively , for the years ended may 31 , 2016 and 2015 . as of december 31 , 2017 , there was $ 46.1 million of unrecognized compensation expense related to unvested restricted stock and performance awards that we expect to recognize over a weighted-average period of 1.8 years . our restricted stock and performance award plans provide for accelerated vesting under certain conditions . stock options stock options are granted with an exercise price equal to 100% ( 100 % ) of fair market value of our common stock on the date of grant and have a term of ten years . stock options granted before the year ended may 31 , 2015 vest in equal installments on each of the first four anniversaries of the grant date . stock options granted during the year ended may 31 , 2015 and thereafter vest in equal installments on each of the first three anniversaries of the grant date . our stock option plans provide for accelerated vesting under certain conditions . global payments inc . | 2017 form 10-k annual report 2013 91 .\nQuestion: what was the difference in the total fair value of restricted stock and performance awards vested between 2016 and 2017?\n"
},
{
"role": "agent",
"content": "13.7"
}
] |
CONVFINQA3376
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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( $ 66 million net-of-tax ) as a result of customer credits to be realized by electric customers of entergy louisiana , consistent with the terms of the stipulated settlement in the business combination proceeding . see note 2 to the financial statements for further discussion of the business combination and customer credits . results of operations for 2015 also include the sale in december 2015 of the 583 mw rhode island state energy center for a realized gain of $ 154 million ( $ 100 million net-of-tax ) on the sale and the $ 77 million ( $ 47 million net-of-tax ) write-off and regulatory charges to recognize that a portion of the assets associated with the waterford 3 replacement steam generator project is no longer probable of recovery . see note 14 to the financial statements for further discussion of the rhode island state energy center sale . see note 2 to the financial statements for further discussion of the waterford 3 replacement steam generator prudence review proceeding . net revenue utility following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 5829</td></tr><tr><td>3</td><td>retail electric price</td><td>289</td></tr><tr><td>4</td><td>louisiana business combination customer credits</td><td>107</td></tr><tr><td>5</td><td>volume/weather</td><td>14</td></tr><tr><td>6</td><td>louisiana act 55 financing savings obligation</td><td>-17 ( 17 )</td></tr><tr><td>7</td><td>other</td><td>-43 ( 43 )</td></tr><tr><td>8</td><td>2016 net revenue</td><td>$ 6179</td></tr></table> the retail electric price variance is primarily due to : 2022 an increase in base rates at entergy arkansas , as approved by the apsc . the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 . the increase included an interim base rate adjustment surcharge , effective with the first billing cycle of april 2016 , to recover the incremental revenue requirement for the period february 24 , 2016 through march 31 , 2016 . a significant portion of the increase was related to the purchase of power block 2 of the union power station ; 2022 an increase in the purchased power and capacity acquisition cost recovery rider for entergy new orleans , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station ; 2022 an increase in formula rate plan revenues for entergy louisiana , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station ; and 2022 an increase in revenues at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of july 2016 , and an increase in revenues collected through the storm damage rider . see note 2 to the financial statements for further discussion of the rate proceedings . see note 14 to the financial statements for discussion of the union power station purchase . the louisiana business combination customer credits variance is due to a regulatory liability of $ 107 million recorded by entergy in october 2015 as a result of the entergy gulf states louisiana and entergy louisiana business combination . consistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) . these costs are being entergy corporation and subsidiaries management 2019s financial discussion and analysis .\nQuestion: what was the difference in net revenue between 2015 and 2016?\nAnswer: 350.0\nQuestion: and the percentage change?\n"
},
{
"role": "agent",
"content": "0.06004"
}
] |
CONVFINQA7960
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nissuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .\nQuestion: what were the number of shares repurchased during december 2012?\nAnswer: 1395288.0\nQuestion: what was the average price per share?\nAnswer: 92.02\nQuestion: what is the product of shares and price per share?\nAnswer: 128394401.76\nQuestion: what is that value simplified?\n"
},
{
"role": "agent",
"content": "128.3944"
}
] |
CONVFINQA18
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options . shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/04</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 89.49</td><td>$ 91.06</td><td>$ 87.88</td><td>$ 70.48</td><td>$ 75.95</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100.00</td><td>$ 104.91</td><td>$ 121.48</td><td>$ 128.15</td><td>$ 80.74</td><td>$ 102.11</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 111.65</td><td>$ 122.61</td><td>$ 124.35</td><td>$ 97.72</td><td>$ 115.88</td></tr></table> .\nQuestion: what was the fluctuation of the performance price of the ups from 2004 to 2006?\n"
},
{
"role": "agent",
"content": "-8.94"
}
] |
CONVFINQA2542
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 . during 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter . the increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 . in addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances . equities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares . the net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 . institutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions . these conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly . in addition , the downgrade in credit ratings of the u.s . government and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets . these concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 . operating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k . bank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 . these decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities . pre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 . investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients . these investments 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 , real estate , consolidated investment entities and power generation facilities . 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 2012</td><td>year ended december 2011</td><td>year ended december 2010</td></tr><tr><td>2</td><td>icbc</td><td>$ 408</td><td>$ -517 ( 517 )</td><td>$ 747</td></tr><tr><td>3</td><td>equity securities ( excluding icbc )</td><td>2392</td><td>1120</td><td>2692</td></tr><tr><td>4</td><td>debt securities and loans</td><td>1850</td><td>96</td><td>2597</td></tr><tr><td>5</td><td>other</td><td>1241</td><td>1443</td><td>1505</td></tr><tr><td>6</td><td>total net revenues</td><td>5891</td><td>2142</td><td>7541</td></tr><tr><td>7</td><td>operating expenses</td><td>2666</td><td>2673</td><td>3361</td></tr><tr><td>8</td><td>pre-tax earnings/ ( loss )</td><td>$ 3225</td><td>$ -531 ( 531 )</td><td>$ 4180</td></tr></table> 2012 versus 2011 . net revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively . during 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices . results for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities . if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted . operating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 . pre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 . goldman sachs 2012 annual report 55 .\nQuestion: in the year of 2012, what percentage of the total net revenues were due to equity securities ( excluding icbc ) revenues?\n"
},
{
"role": "agent",
"content": "0.40604"
}
] |
CONVFINQA5965
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npositions and collateral of the defaulting firm at each respective clearing organization , and taking into account any cross-margining loss sharing payments , any of the participating clearing organizations has a remaining liquidating surplus , and any other participating clearing organization has a remaining liquidating deficit , any additional surplus from the liquidation would be shared with the other clearing house to the extent that it has a remaining liquidating deficit . any remaining surplus funds would be passed to the bankruptcy trustee . mf global bankruptcy trust . the company provided a $ 550.0 million financial guarantee to the bankruptcy trustee of mf global to accelerate the distribution of funds to mf global customers . in the event that the trustee distributed more property in the second or third interim distributions than was permitted by the bankruptcy code and cftc regulations , the company will make a cash payment to the trustee for the amount of the erroneous distribution or distributions up to $ 550.0 million in the aggregate . a payment will only be made after the trustee makes reasonable efforts to collect the property erroneously distributed to the customer ( s ) . if a payment is made by the company , the company may have the right to seek reimbursement of the erroneously distributed property from the applicable customer ( s ) . the guarantee does not cover distributions made by the trustee to customers on the basis of their claims filed in the bankruptcy . because the trustee has now made payments to nearly all customers on the basis of their claims , the company believes that the likelihood of payment to the trustee is very remote . as a result , the guarantee liability is estimated to be immaterial at december 31 , 2012 . family farmer and rancher protection fund . in april 2012 , the company established the family farmer and rancher protection fund ( the fund ) . the fund is designed to provide payments , up to certain maximum levels , to family farmers , ranchers and other agricultural industry participants who use cme group agricultural products and who suffer losses to their segregated account balances due to their cme clearing member becoming insolvent . under the terms of the fund , farmers and ranchers are eligible for up to $ 25000 per participant . farming and ranching cooperatives are eligible for up to $ 100000 per cooperative . the fund has an aggregate maximum payment amount of $ 100.0 million . if payments to participants were to exceed this amount , payments would be pro-rated . clearing members and customers must register in advance with the company and provide certain documentation in order to substantiate their eligibility . peregrine financial group , inc . ( pfg ) filed for bankruptcy protection on july 10 , 2012 . pfg was not one of cme 2019s clearing members and its customers had not registered for the fund . accordingly , they were not technically eligible for payments from the fund . however , because the fund was newly implemented and because pfg 2019s customers included many agricultural industry participants for whom the program was designed , the company decided to waive certain terms and conditions of the fund , solely in connection with the pfg bankruptcy , so that otherwise eligible family farmers , ranchers and agricultural cooperatives could apply for and receive benefits from cme . based on the number of such pfg customers who applied and the estimated size of their claims , the company has recorded a liability in the amount of $ 2.1 million at december 31 , 2012 . 16 . redeemable non-controlling interest the following summarizes the changes in redeemable non-controlling interest for the years presented . non- controlling interests that do not contain redemption features are presented in the statements of equity. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 70.3</td><td>$ 68.1</td><td>$ 2014</td></tr><tr><td>3</td><td>contribution by dow jones</td><td>2014</td><td>2014</td><td>675.0</td></tr><tr><td>4</td><td>distribution to dow jones</td><td>2014</td><td>2014</td><td>-607.5 ( 607.5 )</td></tr><tr><td>5</td><td>allocation of stock-based compensation</td><td>2014</td><td>0.1</td><td>2014</td></tr><tr><td>6</td><td>total comprehensive income attributable to redeemable non-controlling interest</td><td>10.5</td><td>2.1</td><td>0.6</td></tr><tr><td>7</td><td>balance at december 31</td><td>$ 80.8</td><td>$ 70.3</td><td>$ 68.1</td></tr></table> contribution by dow jones . . . . . . . . . . . 2014 2014 675.0 distribution to dow jones . . . . . . . . . . . 2014 2014 ( 607.5 ) allocation of stock- compensation . . . . 2014 0.1 2014 total comprehensive income attributable to redeemable non- controlling interest . . . . . . . . . . 10.5 2.1 0.6 balance at december 31 . . . . . . . . . $ 80.8 $ 70.3 $ 68.1 .\nQuestion: what was the balance of non-controlling interests at the end of 2011?\nAnswer: 70.3\nQuestion: what was the balance of non-controlling interests at the end of 2010?\nAnswer: 68.1\nQuestion: what was the net change?\n"
},
{
"role": "agent",
"content": "2.2"
}
] |
CONVFINQA8999
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following table presents the net periodic pension and opeb cost/ ( benefit ) for the years ended december 31 : millions 2013 2012 2011 2010 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>est.2013</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net periodic pension cost</td><td>$ 111</td><td>$ 89</td><td>$ 78</td><td>$ 51</td></tr><tr><td>3</td><td>net periodic opeb cost/ ( benefit )</td><td>15</td><td>13</td><td>-6 ( 6 )</td><td>-14 ( 14 )</td></tr></table> our net periodic pension cost is expected to increase to approximately $ 111 million in 2013 from $ 89 million in 2012 . the increase is driven mainly by a decrease in the discount rate to 3.78% ( 3.78 % ) , our net periodic opeb expense is expected to increase to approximately $ 15 million in 2013 from $ 13 million in 2012 . the increase in our net periodic opeb cost is primarily driven by a decrease in the discount rate to 3.48% ( 3.48 % ) . cautionary information certain statements in this report , and statements in other reports or information filed or to be filed with the sec ( as well as information included in oral statements or other written statements made or to be made by us ) , are , or will be , forward-looking statements as defined by the securities act of 1933 and the securities exchange act of 1934 . these forward-looking statements and information include , without limitation , ( a ) statements in the ceo 2019s letter preceding part i ; statements regarding planned capital expenditures under the caption 201c2013 capital expenditures 201d in item 2 of part i ; statements regarding dividends in item 5 ; and statements and information set forth under the captions 201c2013 outlook 201d and 201cliquidity and capital resources 201d in this item 7 , and ( b ) any other statements or information in this report ( including information incorporated herein by reference ) regarding : expectations as to financial performance , revenue growth and cost savings ; the time by which goals , targets , or objectives will be achieved ; projections , predictions , expectations , estimates , or forecasts as to our business , financial and operational results , future economic performance , and general economic conditions ; expectations as to operational or service performance or improvements ; expectations as to the effectiveness of steps taken or to be taken to improve operations and/or service , including capital expenditures for infrastructure improvements and equipment acquisitions , any strategic business acquisitions , and modifications to our transportation plans ( including statements set forth in item 2 as to expectations related to our planned capital expenditures ) ; expectations as to existing or proposed new products and services ; expectations as to the impact of any new regulatory activities or legislation on our operations or financial results ; estimates of costs relating to environmental remediation and restoration ; estimates and expectations regarding tax matters ; expectations that claims , litigation , environmental costs , commitments , contingent liabilities , labor negotiations or agreements , or other matters will not have a material adverse effect on our consolidated results of operations , financial condition , or liquidity and any other similar expressions concerning matters that are not historical facts . forward-looking statements may be identified by their use of forward-looking terminology , such as 201cbelieves , 201d 201cexpects , 201d 201cmay , 201d 201cshould , 201d 201cwould , 201d 201cwill , 201d 201cintends , 201d 201cplans , 201d 201cestimates , 201d 201canticipates , 201d 201cprojects 201d and similar words , phrases or expressions . forward-looking statements should not be read as a guarantee of future performance or results , and will not necessarily be accurate indications of the times that , or by which , such performance or results will be achieved . forward-looking statements and information are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements and information . forward-looking statements and information reflect the good faith consideration by management of currently available information , and may be based on underlying assumptions believed to be reasonable under the circumstances . however , such information and assumptions ( and , therefore , such forward-looking statements and information ) are or may be subject to variables or unknown or unforeseeable events or circumstances over which management has little or no influence or control . the risk factors in item 1a of this report could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in any forward-looking statements or information . to the extent circumstances require or we deem it otherwise necessary , we will update or amend these risk factors in a form 10-q , form 8-k or subsequent form 10-k . all forward-looking statements are qualified by , and should be read in conjunction with , these risk factors . forward-looking statements speak only as of the date the statement was made . we assume no obligation to update forward-looking information to reflect actual results , changes in assumptions or changes in other factors affecting forward-looking information . if we do update one or more forward-looking .\nQuestion: what is the net periodic pension cost in 2013?\n"
},
{
"role": "agent",
"content": "111.0"
}
] |
CONVFINQA2551
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . <table class='wikitable'><tr><td>1</td><td>years ended ( in millions )</td><td>dec 292018</td><td>dec 302017</td><td>dec 312016</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 29432</td><td>$ 22110</td><td>$ 21808</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>-11239 ( 11239 )</td><td>-15762 ( 15762 )</td><td>-25817 ( 25817 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>-18607 ( 18607 )</td><td>-8475 ( 8475 )</td><td>-5739 ( 5739 )</td></tr><tr><td>5</td><td>net increase ( decrease ) in cash and cash equivalents</td><td>$ -414 ( 414 )</td><td>$ -2127 ( 2127 )</td><td>$ -9748 ( 9748 )</td></tr></table> md&a consolidated results and analysis 40 .\nQuestion: what was the value of cash provided by operating activities in 2018?\nAnswer: 29432.0\nQuestion: what was the value in 2017?\nAnswer: 22110.0\nQuestion: what is the net change in value?\nAnswer: 7322.0\nQuestion: what was the 2017 value?\nAnswer: 22110.0\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "0.33116"
}
] |
CONVFINQA9853
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nroyal caribbean cruises ltd . 15 from two to 17 nights throughout south america , the caribbean and europe . additionally , we announced that majesty of the seas will be redeployed from royal caribbean international to pullmantur in 2016 . pullmantur serves the contemporary segment of the spanish , portuguese and latin american cruise mar- kets . pullmantur 2019s strategy is to attract cruise guests from these target markets by providing a variety of cruising options and onboard activities directed at couples and families traveling with children . over the last few years , pullmantur has systematically increased its focus on latin america and has expanded its pres- ence in that market . in order to facilitate pullmantur 2019s ability to focus on its core cruise business , on march 31 , 2014 , pullmantur sold the majority of its interest in its non-core busi- nesses . these non-core businesses included pullmantur 2019s land-based tour operations , travel agency and 49% ( 49 % ) interest in its air business . in connection with the sale agreement , we retained a 19% ( 19 % ) interest in each of the non-core businesses as well as 100% ( 100 % ) ownership of the aircraft which are being dry leased to pullmantur air . see note 1 . general and note 6 . other assets to our consolidated financial statements under item 8 . financial statements and supplementary data for further details . cdf croisi e8res de france we currently operate two ships with an aggregate capacity of approximately 2800 berths under our cdf croisi e8res de france brand . cdf croisi e8res de france offers seasonal itineraries to the mediterranean , europe and caribbean . during the winter season , zenith is deployed to the pullmantur brand for sailings in south america . cdf croisi e8res de france is designed to serve the contemporary segment of the french cruise market by providing a brand tailored for french cruise guests . tui cruises tui cruises is a joint venture owned 50% ( 50 % ) by us and 50% ( 50 % ) by tui ag , a german tourism and shipping com- pany , and is designed to serve the contemporary and premium segments of the german cruise market by offering a product tailored for german guests . all onboard activities , services , shore excursions and menu offerings are designed to suit the preferences of this target market . tui cruises operates three ships , mein schiff 1 , mein schiff 2 and mein schiff 3 , with an aggregate capacity of approximately 6300 berths . in addition , tui cruises currently has three newbuild ships on order at the finnish meyer turku yard with an aggregate capacity of approximately 7500 berths : mein schiff 4 , scheduled for delivery in the second quarter of 2015 , mein schiff 5 , scheduled for delivery in the third quarter of 2016 and mein schiff 6 , scheduled for delivery in the second quarter of 2017 . in november 2014 , we formed a strategic partnership with ctrip.com international ltd . ( 201cctrip 201d ) , a chinese travel service provider , to operate a new cruise brand known as skysea cruises . skysea cruises will offer a custom-tailored product for chinese cruise guests operating the ship purchased from celebrity cruises . the new cruise line will begin service in the second quarter of 2015 . we and ctrip each own 35% ( 35 % ) of the new company , skysea holding , with the balance being owned by skysea holding management and a private equity fund . industry cruising is considered a well-established vacation sector in the north american market , a growing sec- tor over the long term in the european market and a developing but promising sector in several other emerging markets . industry data indicates that market penetration rates are still low and that a significant portion of cruise guests carried are first-time cruisers . we believe this presents an opportunity for long-term growth and a potential for increased profitability . the following table details market penetration rates for north america and europe computed based on the number of annual cruise guests as a percentage of the total population : america ( 1 ) europe ( 2 ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>north america ( 1 )</td><td>europe ( 2 )</td></tr><tr><td>2</td><td>2010</td><td>3.1% ( 3.1 % )</td><td>1.1% ( 1.1 % )</td></tr><tr><td>3</td><td>2011</td><td>3.4% ( 3.4 % )</td><td>1.1% ( 1.1 % )</td></tr><tr><td>4</td><td>2012</td><td>3.3% ( 3.3 % )</td><td>1.2% ( 1.2 % )</td></tr><tr><td>5</td><td>2013</td><td>3.4% ( 3.4 % )</td><td>1.2% ( 1.2 % )</td></tr><tr><td>6</td><td>2014</td><td>3.5% ( 3.5 % )</td><td>1.3% ( 1.3 % )</td></tr></table> ( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and cruise lines international association ( 201cclia 201d ) . rates are based on cruise guests carried for at least two consecutive nights . includes the united states of america and canada . ( 2 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and clia europe , formerly european cruise council . we estimate that the global cruise fleet was served by approximately 457000 berths on approximately 283 ships at the end of 2014 . there are approximately 33 ships with an estimated 98650 berths that are expected to be placed in service in the global cruise market between 2015 and 2019 , although it is also possible that ships could be ordered or taken out of service during these periods . we estimate that the global cruise industry carried 22.0 million cruise guests in 2014 compared to 21.3 million cruise guests carried in 2013 and 20.9 million cruise guests carried in 2012 . part i .\nQuestion: what is the change in the number of cruise guests from 2013 to 2014?\n"
},
{
"role": "agent",
"content": "0.7"
}
] |
CONVFINQA10923
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d . 1 . nature of operations operations and segmentation 2013 we are a class i railroad that operates in the u.s . we have 31953 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s . gateways and providing several corridors to key mexican gateways . we serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico . export and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders . the railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment . although revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network . the following table provides revenue by commodity group : millions 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>agricultural</td><td>$ 3018</td><td>$ 2666</td><td>$ 3174</td></tr><tr><td>3</td><td>automotive</td><td>1271</td><td>854</td><td>1344</td></tr><tr><td>4</td><td>chemicals</td><td>2425</td><td>2102</td><td>2494</td></tr><tr><td>5</td><td>energy</td><td>3489</td><td>3118</td><td>3810</td></tr><tr><td>6</td><td>industrial products</td><td>2639</td><td>2147</td><td>3273</td></tr><tr><td>7</td><td>intermodal</td><td>3227</td><td>2486</td><td>3023</td></tr><tr><td>8</td><td>total freight revenues</td><td>$ 16069</td><td>$ 13373</td><td>$ 17118</td></tr><tr><td>9</td><td>other revenues</td><td>896</td><td>770</td><td>852</td></tr><tr><td>10</td><td>total operating revenues</td><td>$ 16965</td><td>$ 14143</td><td>$ 17970</td></tr></table> although our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products transported are outside the u.s . basis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s . ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) . 2 . significant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries . investments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting . all intercompany transactions are eliminated . we currently have no less than majority-owned investments that require consolidation under variable interest entity requirements . cash and cash equivalents 2013 cash equivalents consist of investments with original maturities of three months or less . accounts receivable 2013 accounts receivable includes receivables reduced by an allowance for doubtful accounts . the allowance is based upon historical losses , credit worthiness of customers , and current economic conditions . receivables not expected to be collected in one year and the associated allowances are classified as other assets in our consolidated statements of financial position . investments 2013 investments represent our investments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) that are accounted for under the equity method of accounting and investments in companies ( less than 20% ( 20 % ) owned ) accounted for under the cost method of accounting. .\nQuestion: what is the sum of other revenue for 2009 and 2010?\nAnswer: 1666.0\nQuestion: what is the value in 2008?\nAnswer: 852.0\nQuestion: what is the sum including 2008?\n"
},
{
"role": "agent",
"content": "2518.0"
}
] |
CONVFINQA4392
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nin summary , our cash flows for each period were as follows : years ended ( in millions ) dec 30 , dec 31 , dec 26 . <table class='wikitable'><tr><td>1</td><td>years ended ( in millions )</td><td>dec 302017</td><td>dec 312016</td><td>dec 262015</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 22110</td><td>$ 21808</td><td>$ 19018</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>-15762 ( 15762 )</td><td>-25817 ( 25817 )</td><td>-8183 ( 8183 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>-8475 ( 8475 )</td><td>-5739 ( 5739 )</td><td>1912</td></tr><tr><td>5</td><td>net increase ( decrease ) in cash and cash equivalents</td><td>$ -2127 ( 2127 )</td><td>$ -9748 ( 9748 )</td><td>$ 12747</td></tr></table> operating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in assets and liabilities . for 2017 compared to 2016 , the $ 302 million increase in cash provided by operating activities was due to changes to working capital partially offset by adjustments for non-cash items and lower net income . tax reform did not have an impact on our 2017 cash provided by operating activities . the increase in cash provided by operating activities was driven by increased income before taxes and $ 1.0 billion receipts of customer deposits . these increases were partially offset by increased inventory and accounts receivable . income taxes paid , net of refunds , in 2017 compared to 2016 were $ 2.9 billion higher due to higher income before taxes , taxable gains on sales of asml , and taxes on the isecg divestiture . we expect approximately $ 2.0 billion of additional customer deposits in 2018 . for 2016 compared to 2015 , the $ 2.8 billion increase in cash provided by operating activities was due to adjustments for non-cash items and changes in working capital , partially offset by lower net income . the adjustments for non-cash items were higher in 2016 primarily due to restructuring and other charges and the change in deferred taxes , partially offset by lower depreciation . investing activities investing cash flows consist primarily of capital expenditures ; investment purchases , sales , maturities , and disposals ; and proceeds from divestitures and cash used for acquisitions . our capital expenditures were $ 11.8 billion in 2017 ( $ 9.6 billion in 2016 and $ 7.3 billion in 2015 ) . the decrease in cash used for investing activities in 2017 compared to 2016 was primarily due to higher net activity of available-for sale-investments in 2017 , proceeds from our divestiture of isecg in 2017 , and higher maturities and sales of trading assets in 2017 . this activity was partially offset by higher capital expenditures in 2017 . the increase in cash used for investing activities in 2016 compared to 2015 was primarily due to our completed acquisition of altera , net purchases of trading assets in 2016 compared to net sales of trading assets in 2015 , and higher capital expenditures in 2016 . this increase was partially offset by lower investments in non-marketable equity investments . financing activities financing cash flows consist primarily of repurchases of common stock , payment of dividends to stockholders , issuance and repayment of short-term and long-term debt , and proceeds from the sale of shares of common stock through employee equity incentive plans . the increase in cash used for financing activities in 2017 compared to 2016 was primarily due to net long-term debt activity , which was a use of cash in 2017 compared to a source of cash in 2016 . during 2017 , we repurchased $ 3.6 billion of common stock under our authorized common stock repurchase program , compared to $ 2.6 billion in 2016 . as of december 30 , 2017 , $ 13.2 billion remained available for repurchasing common stock under the existing repurchase authorization limit . we base our level of common stock repurchases on internal cash management decisions , and this level may fluctuate . proceeds from the sale of common stock through employee equity incentive plans totaled $ 770 million in 2017 compared to $ 1.1 billion in 2016 . our total dividend payments were $ 5.1 billion in 2017 compared to $ 4.9 billion in 2016 . we have paid a cash dividend in each of the past 101 quarters . in january 2018 , our board of directors approved an increase to our cash dividend to $ 1.20 per share on an annual basis . the board has declared a quarterly cash dividend of $ 0.30 per share of common stock for q1 2018 . the dividend is payable on march 1 , 2018 to stockholders of record on february 7 , 2018 . cash was used for financing activities in 2016 compared to cash provided by financing activities in 2015 , primarily due to fewer debt issuances and the repayment of debt in 2016 . this activity was partially offset by repayment of commercial paper in 2015 and fewer common stock repurchases in 2016 . md&a - results of operations consolidated results and analysis 37 .\nQuestion: what was the change in net cash provided by operating activities from 2015 to 2016?\n"
},
{
"role": "agent",
"content": "2790.0"
}
] |
CONVFINQA3862
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfidelity national information services , inc . and subsidiaries notes to consolidated financial statements - ( continued ) the following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities , excluding unamortized non-cash bond premiums and discounts net of $ 30 million as of december 31 , 2017 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>total</td></tr><tr><td>2</td><td>2018</td><td>$ 1045</td></tr><tr><td>3</td><td>2019</td><td>44</td></tr><tr><td>4</td><td>2020</td><td>1157</td></tr><tr><td>5</td><td>2021</td><td>1546</td></tr><tr><td>6</td><td>2022</td><td>705</td></tr><tr><td>7</td><td>thereafter</td><td>4349</td></tr><tr><td>8</td><td>total principal payments</td><td>8846</td></tr><tr><td>9</td><td>debt issuance costs net of accumulated amortization</td><td>-53 ( 53 )</td></tr><tr><td>10</td><td>total long-term debt</td><td>$ 8793</td></tr></table> there are no mandatory principal payments on the revolving loan and any balance outstanding on the revolving loan will be due and payable at its scheduled maturity date , which occurs at august 10 , 2021 . fis may redeem the 2018 notes , 2020 notes , 2021 notes , 2021 euro notes , 2022 notes , 2022 gbp notes , 2023 notes , 2024 notes , 2024 euro notes , 2025 notes , 2026 notes , and 2046 notes at its option in whole or in part , at any time and from time to time , at a redemption price equal to the greater of 100% ( 100 % ) of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to , but excluding , the date of redemption , provided no make-whole amount will be paid for redemptions of the 2020 notes , the 2021 notes , the 2021 euro notes and the 2022 gbp notes during the one month prior to their maturity , the 2022 notes during the two months prior to their maturity , the 2023 notes , the 2024 notes , the 2024 euro notes , the 2025 notes , and the 2026 notes during the three months prior to their maturity , and the 2046 notes during the six months prior to their maturity . debt issuance costs of $ 53 million , net of accumulated amortization , remain capitalized as of december 31 , 2017 , related to all of the above outstanding debt . we monitor the financial stability of our counterparties on an ongoing basis . the lender commitments under the undrawn portions of the revolving loan are comprised of a diversified set of financial institutions , both domestic and international . the failure of any single lender to perform its obligations under the revolving loan would not adversely impact our ability to fund operations . the fair value of the company 2019s long-term debt is estimated to be approximately $ 156 million higher than the carrying value as of december 31 , 2017 . this estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to december 31 , 2017 , which are considered level 2-type measurements . this estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data . therefore , the values presented are not necessarily indicative of amounts the company could realize or settle currently. .\nQuestion: what portion of total long-term deb is due in 12 months?\nAnswer: 0.11884\nQuestion: what is the value of long-term debt due in 2021?\nAnswer: 1546.0\nQuestion: what about the total long-term debt?\nAnswer: 8793.0\nQuestion: what portion is due in 2021?\n"
},
{
"role": "agent",
"content": "0.17582"
}
] |
CONVFINQA3426
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 further presents total net 201ceconomic 201d investment exposure , net of deferred compensation investments and hedged investments , to reflect another gauge for investors as the economic impact of investments held pursuant to deferred compensation arrangements is substantially offset by a change in compensation expense and the impact of hedged investments is substantially mitigated by total return swap hedges . carried interest capital allocations are excluded as there is no impact to blackrock 2019s stockholders 2019 equity until such amounts are realized as performance fees . finally , the company 2019s regulatory investment in federal reserve bank stock , which is not subject to market or interest rate risk , is excluded from the company 2019s net economic investment exposure . ( dollar amounts in millions ) december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>december 31 2012</td><td>december 31 2011</td></tr><tr><td>2</td><td>total investments gaap</td><td>$ 1750</td><td>$ 1631</td></tr><tr><td>3</td><td>investments held by consolidated sponsored investmentfunds ( 1 )</td><td>-524 ( 524 )</td><td>-587 ( 587 )</td></tr><tr><td>4</td><td>net exposure to consolidated investment funds</td><td>430</td><td>475</td></tr><tr><td>5</td><td>total investments as adjusted</td><td>1656</td><td>1519</td></tr><tr><td>6</td><td>federal reserve bank stock ( 2 )</td><td>-89 ( 89 )</td><td>-328 ( 328 )</td></tr><tr><td>7</td><td>carried interest</td><td>-85 ( 85 )</td><td>-21 ( 21 )</td></tr><tr><td>8</td><td>deferred compensation investments</td><td>-62 ( 62 )</td><td>-65 ( 65 )</td></tr><tr><td>9</td><td>hedged investments</td><td>-209 ( 209 )</td><td>-43 ( 43 )</td></tr><tr><td>10</td><td>total 201ceconomic 201d investment exposure</td><td>$ 1211</td><td>$ 1062</td></tr></table> total 201ceconomic 201d investment exposure . . . $ 1211 $ 1062 ( 1 ) at december 31 , 2012 and december 31 , 2011 , approximately $ 524 million and $ 587 million , respectively , of blackrock 2019s total gaap investments were maintained in sponsored investment funds that were deemed to be controlled by blackrock in accordance with gaap , and , therefore , are consolidated even though blackrock may not economically own a majority of such funds . ( 2 ) the decrease of $ 239 million related to a lower holding requirement of federal reserve bank stock held by blackrock institutional trust company , n.a . ( 201cbtc 201d ) . total investments , as adjusted , at december 31 , 2012 increased $ 137 million from december 31 , 2011 , resulting from $ 765 million of purchases/capital contributions , $ 185 million from positive market valuations and earnings from equity method investments , and $ 64 million from net additional carried interest capital allocations , partially offset by $ 742 million of sales/maturities and $ 135 million of distributions representing return of capital and return on investments. .\nQuestion: what was the balance of total investments gaap in 2012?\nAnswer: 1750.0\nQuestion: what was the value in 2011?\n"
},
{
"role": "agent",
"content": "1631.0"
}
] |
CONVFINQA971
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 net change in inventory from 2005 to 2006?\nAnswer: 105.0\nQuestion: what is the percent change?\n"
},
{
"role": "agent",
"content": "0.63636"
}
] |
CONVFINQA191
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nadobe systems incorporated notes to consolidated financial statements ( continued ) note 8 . other assets other assets as of november 27 , 2009 and november 28 , 2008 consisted of the following ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>acquired rights to use technology</td><td>$ 84313</td><td>$ 90643</td></tr><tr><td>3</td><td>investments</td><td>63526</td><td>76589</td></tr><tr><td>4</td><td>security and other deposits</td><td>11692</td><td>16087</td></tr><tr><td>5</td><td>prepaid royalties</td><td>12059</td><td>9026</td></tr><tr><td>6</td><td>deferred compensation plan assets</td><td>9045</td><td>7560</td></tr><tr><td>7</td><td>restricted cash</td><td>4650</td><td>7361</td></tr><tr><td>8</td><td>prepaid land lease</td><td>3209</td><td>3185</td></tr><tr><td>9</td><td>prepaid rent</td><td>1377</td><td>2658</td></tr><tr><td>10</td><td>other</td><td>1394</td><td>3420</td></tr><tr><td>11</td><td>other assets</td><td>$ 191265</td><td>$ 216529</td></tr></table> acquired rights to use technology purchased during fiscal 2009 and fiscal 2008 was $ 6.0 million and $ 100.4 million , respectively . of the cost for fiscal 2008 , an estimated $ 56.4 million was related to future licensing rights and has been capitalized and is being amortized on a straight-line basis over the estimated useful lives up to fifteen years . of the remaining costs for fiscal 2008 , we estimated that $ 27.2 million was related to historical use of licensing rights which was expensed as cost of sales and the residual of $ 16.8 million for fiscal 2008 was expensed as general and administrative costs . in connection with these licensing arrangements , we have the ability to acquire additional rights to use technology in the future . see note 17 for further information regarding our contractual commitments . in general , acquired rights to use technology are amortized over their estimated useful lives of 3 to 15 years . included in investments are our indirect investments through our limited partnership interest in adobe ventures of approximately $ 37.1 million and $ 39.0 million as of november 27 , 2009 and november 28 , 2008 , respectively , which is consolidated in accordance with the provisions for consolidating variable interest entities . the partnership is controlled by granite ventures , an independent venture capital firm and sole general partner of adobe ventures . we are the primary beneficiary of adobe ventures and bear virtually all of the risks and rewards related to our ownership . our investment in adobe ventures does not have a significant impact on our consolidated financial position , results of operations or cash flows . adobe ventures carries its investments in equity securities at estimated fair value and investment gains and losses are included in our consolidated statements of income . substantially all of the investments held by adobe ventures at november 27 , 2009 and november 28 , 2008 are not publicly traded and , therefore , there is no established market for these securities . in order to determine the fair value of these investments , we use the most recent round of financing involving new non-strategic investors or estimates of current market value made by granite ventures . it is our policy to evaluate the fair value of these investments held by adobe ventures , as well as our direct investments , on a regular basis . this evaluation includes , but is not limited to , reviewing each company 2019s cash position , financing needs , earnings and revenue outlook , operational performance , management and ownership changes and competition . in the case of privately-held companies , this evaluation is based on information that we request from these companies . this information is not subject to the same disclosure regulations as u.s . publicly traded companies and as such , the basis for these evaluations is subject to the timing and the accuracy of the data received from these companies . see note 4 for further information regarding adobe ventures . also included in investments are our direct investments in privately-held companies of approximately $ 26.4 million and $ 37.6 million as of november 27 , 2009 and november 28 , 2008 , respectively , which are accounted for based on the cost method . we assess these investments for impairment in value as circumstances dictate . see note 4 for further information regarding our cost method investments . we entered into a purchase and sale agreement , effective may 12 , 2008 , for the acquisition of real property located in waltham , massachusetts . we purchased the property upon completion of construction of an office building shell and core , parking structure , and site improvements . the purchase price for the property was $ 44.7 million and closed on june 16 , 2009 . we made an initial deposit of $ 7.0 million which was included in security and other deposits as of november 28 , 2008 and the remaining balance was paid at closing . this deposit was held in escrow until closing and then applied to the purchase price. .\nQuestion: what is the net change in the balance of other assets from 2008 to 2009?\n"
},
{
"role": "agent",
"content": "-25264.0"
}
] |
CONVFINQA8774
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) credit exposure , we continually monitor the credit worthiness of the financial institutions where we have deposits . concentrations of credit risk with respect to trade accounts receivable are limited due to the wide variety of customers and markets in which we provide services , as well as the dispersion of our operations across many geographic areas . we provide services to commercial , industrial , municipal and residential customers in the united states and puerto rico . we perform ongoing credit evaluations of our customers , but generally do not require collateral to support customer receivables . we establish an allowance for doubtful accounts based on various factors including the credit risk of specific customers , age of receivables outstanding , historical trends , economic conditions and other information . accounts receivable , net accounts receivable represent receivables from customers for collection , transfer , recycling , disposal and other services . our receivables are recorded when billed or when the related revenue is earned , if earlier , and represent claims against third parties that will be settled in cash . the carrying value of our receivables , net of the allowance for doubtful accounts and customer credits , represents their estimated net realizable value . provisions for doubtful accounts are evaluated on a monthly basis and are recorded based on our historical collection experience , the age of the receivables , specific customer information and economic conditions . we also review outstanding balances on an account-specific basis . in general , reserves are provided for accounts receivable in excess of 90 days outstanding . past due receivable balances are written-off when our collection efforts have been unsuccessful in collecting amounts due . the following table reflects the activity in our allowance for doubtful accounts for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>balance at beginning of year</td><td>$ 38.3</td><td>$ 45.3</td><td>$ 48.1</td></tr><tr><td>3</td><td>additions charged to expense</td><td>22.6</td><td>16.1</td><td>29.7</td></tr><tr><td>4</td><td>accounts written-off</td><td>-22.0 ( 22.0 )</td><td>-23.1 ( 23.1 )</td><td>-32.5 ( 32.5 )</td></tr><tr><td>5</td><td>balance at end of year</td><td>$ 38.9</td><td>$ 38.3</td><td>$ 45.3</td></tr></table> restricted cash and marketable securities as of december 31 , 2014 , we had $ 115.6 million of restricted cash and marketable securities . we obtain funds through the issuance of tax-exempt bonds for the purpose of financing qualifying expenditures at our landfills , transfer stations , collection and recycling centers . the funds are deposited directly into trust accounts by the bonding authorities at the time of issuance . as the use of these funds is contractually restricted , and we do not have the ability to use these funds for general operating purposes , they are classified as restricted cash and marketable securities in our consolidated balance sheets . in the normal course of business , we may be required to provide financial assurance to governmental agencies and a variety of other entities in connection with municipal residential collection contracts , closure or post- closure of landfills , environmental remediation , environmental permits , and business licenses and permits as a financial guarantee of our performance . at several of our landfills , we satisfy financial assurance requirements by depositing cash into restricted trust funds or escrow accounts . property and equipment we record property and equipment at cost . expenditures for major additions and improvements to facilities are capitalized , while maintenance and repairs are charged to expense as incurred . when property is retired or otherwise disposed , the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the consolidated statements of income. .\nQuestion: what was the beginning balance for the allowance for doubtful accounts in 2014?\nAnswer: 38.3\nQuestion: and in 2013?\nAnswer: 45.3\nQuestion: so what was the change between these two balances?\n"
},
{
"role": "agent",
"content": "-7.0"
}
] |
CONVFINQA1401
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nwe maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof . we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration . the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors . additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 . we currently maintain a corporate commercial paper program , under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue . at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 . additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 . state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes . approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 . in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured . state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2011 , no balance was outstanding on this line of credit . contractual cash obligations . <table class='wikitable'><tr><td>1</td><td>as of december 31 2011 ( in millions )</td><td>payments due by period total</td><td>payments due by period less than 1 year</td><td>payments due by period 1-3 years</td><td>payments due by period 4-5 years</td><td>payments due by period over 5 years</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 9276</td><td>$ 1973</td><td>$ 1169</td><td>$ 1944</td><td>$ 4190</td></tr><tr><td>3</td><td>operating leases</td><td>1129</td><td>237</td><td>389</td><td>228</td><td>275</td></tr><tr><td>4</td><td>capital lease obligations</td><td>989</td><td>68</td><td>136</td><td>138</td><td>647</td></tr><tr><td>5</td><td>total contractual cash obligations</td><td>$ 11394</td><td>$ 2278</td><td>$ 1694</td><td>$ 2310</td><td>$ 5112</td></tr></table> ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps . interest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect as of december 31 , 2011 . the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations . the table does not include obligations which will be settled in cash , primarily in less than one year , such as deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings . additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 . the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement . additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 . we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table . additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 . the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .\nQuestion: in 2011, what amount of the long-term debt was due in less than 1 year?\n"
},
{
"role": "agent",
"content": "1973.0"
}
] |
CONVFINQA4205
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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?\n"
},
{
"role": "agent",
"content": "4857.0"
}
] |
CONVFINQA2201
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ntable of contents the notional amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the company 2019s exposure to credit or market loss . the credit risk amounts represent the company 2019s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract , based on then-current currency or interest rates at each respective date . the company 2019s exposure to credit loss and market risk will vary over time as currency and interest rates change . although the table above reflects the notional and credit risk amounts of the company 2019s derivative instruments , it does not reflect the gains or losses associated with the exposures and transactions that the instruments are intended to hedge . the amounts ultimately realized upon settlement of these financial instruments , together with the gains and losses on the underlying exposures , will depend on actual market conditions during the remaining life of the instruments . the company generally enters into master netting arrangements , which are designed to reduce credit risk by permitting net settlement of transactions with the same counterparty . to further limit credit risk , the company generally enters into collateral security arrangements that provide for collateral to be received or posted when the net fair value of certain financial instruments fluctuates from contractually established thresholds . the company presents its derivative assets and derivative liabilities at their gross fair values in its consolidated balance sheets . the net cash collateral received by the company related to derivative instruments under its collateral security arrangements was $ 1.0 billion as of september 26 , 2015 and $ 2.1 billion as of september 27 , 2014 . under master netting arrangements with the respective counterparties to the company 2019s derivative contracts , the company is allowed to net settle transactions with a single net amount payable by one party to the other . as of september 26 , 2015 and september 27 , 2014 , the potential effects of these rights of set-off associated with the company 2019s derivative contracts , including the effects of collateral , would be a reduction to both derivative assets and derivative liabilities of $ 2.2 billion and $ 1.6 billion , respectively , resulting in net derivative liabilities of $ 78 million and $ 549 million , respectively . accounts receivable receivables the company has considerable trade receivables outstanding with its third-party cellular network carriers , wholesalers , retailers , value-added resellers , small and mid-sized businesses and education , enterprise and government customers . the company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk . in addition , when possible , the company attempts to limit credit risk on trade receivables with credit insurance for certain customers or by requiring third-party financing , loans or leases to support credit exposure . these credit-financing arrangements are directly between the third-party financing company and the end customer . as such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements . as of september 26 , 2015 , the company had one customer that represented 10% ( 10 % ) or more of total trade receivables , which accounted for 12% ( 12 % ) . as of september 27 , 2014 , the company had two customers that represented 10% ( 10 % ) or more of total trade receivables , one of which accounted for 16% ( 16 % ) and the other 13% ( 13 % ) . the company 2019s cellular network carriers accounted for 71% ( 71 % ) and 72% ( 72 % ) of trade receivables as of september 26 , 2015 and september 27 , 2014 , respectively . vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these components directly from suppliers . vendor non-trade receivables from three of the company 2019s vendors accounted for 38% ( 38 % ) , 18% ( 18 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 26 , 2015 and three of the company 2019s vendors accounted for 51% ( 51 % ) , 16% ( 16 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 27 , 2014 . note 3 2013 consolidated financial statement details the following tables show the company 2019s consolidated financial statement details as of september 26 , 2015 and september 27 , 2014 ( in millions ) : property , plant and equipment , net . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>land and buildings</td><td>$ 6956</td><td>$ 4863</td></tr><tr><td>3</td><td>machinery equipment and internal-use software</td><td>37038</td><td>29639</td></tr><tr><td>4</td><td>leasehold improvements</td><td>5263</td><td>4513</td></tr><tr><td>5</td><td>gross property plant and equipment</td><td>49257</td><td>39015</td></tr><tr><td>6</td><td>accumulated depreciation and amortization</td><td>-26786 ( 26786 )</td><td>-18391 ( 18391 )</td></tr><tr><td>7</td><td>total property plant and equipment net</td><td>$ 22471</td><td>$ 20624</td></tr></table> apple inc . | 2015 form 10-k | 53 .\nQuestion: what was the change in leasehold improvements between 2014 and 2015?\n"
},
{
"role": "agent",
"content": "750.0"
}
] |
CONVFINQA3658
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .\nQuestion: what is the difference in value of total debt between 2013 and 2014?\nAnswer: 70.3\nQuestion: what was the value of total debt in 2013?\n"
},
{
"role": "agent",
"content": "1662.5"
}
] |
CONVFINQA268
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements the valuation allowance increased from $ 47.8 million as of december 31 , 2009 to $ 48.2 million as of december 31 , 2010 . the increase was primarily due to valuation allowances on foreign loss carryforwards . at december 31 , 2010 , the company has provided a valuation allowance of approximately $ 48.2 million which primarily relates to state net operating loss carryforwards , equity investments and foreign items . the company has not provided a valuation allowance for the remaining deferred tax assets , primarily its federal net operating loss carryforwards , as management believes the company will have sufficient taxable income to realize these federal net operating loss carryforwards during the twenty-year tax carryforward period . valuation allowances may be reversed if related deferred tax assets are deemed realizable based on changes in facts and circumstances relevant to the assets 2019 recoverability . the recoverability of the company 2019s remaining net deferred tax asset has been assessed utilizing projections based on its current operations . the projections show a significant decrease in depreciation in the later years of the carryforward period as a result of a significant portion of its assets being fully depreciated during the first fifteen years of the carryforward period . accordingly , the recoverability of the net deferred tax asset is not dependent on material improvements to operations , material asset sales or other non-routine transactions . based on its current outlook of future taxable income during the carryforward period , management believes that the net deferred tax asset will be realized . the company 2019s deferred tax assets as of december 31 , 2010 and 2009 in the table above do not include $ 122.1 million and $ 113.9 million , respectively , of excess tax benefits from the exercises of employee stock options that are a component of net operating losses . total stockholders 2019 equity as of december 31 , 2010 will be increased by $ 122.1 million if and when any such excess tax benefits are ultimately realized . at december 31 , 2010 , the company had net federal and state operating loss carryforwards available to reduce future federal and state taxable income of approximately $ 1.2 billion , including losses related to employee stock options of $ 0.3 billion . if not utilized , the company 2019s net operating loss carryforwards expire as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>federal</td><td>state</td><td>foreign</td></tr><tr><td>2</td><td>2011 to 2015</td><td>$ 2014</td><td>$ 2014</td><td>$ 503</td></tr><tr><td>3</td><td>2016 to 2020</td><td>2014</td><td>331315</td><td>5509</td></tr><tr><td>4</td><td>2021 to 2025</td><td>774209</td><td>576780</td><td>2014</td></tr><tr><td>5</td><td>2026 to 2030</td><td>423398</td><td>279908</td><td>92412</td></tr><tr><td>6</td><td>total</td><td>$ 1197607</td><td>$ 1188003</td><td>$ 98424</td></tr></table> in addition , the company has mexican tax credits of $ 5.2 million which if not utilized would expire in 2017. .\nQuestion: as of december 31, 2010, what amount from the total net operating loss carry forwards was set to expire between 2021 and 2025?\nAnswer: 774209.0\nQuestion: and what was that total of the net operating loss carry forwards?\nAnswer: 1197607.0\nQuestion: what percentage, then, of this total did that amount represent?\nAnswer: 0.64646\nQuestion: in that same date, what was the sum of the federal and the state net operating loss carryforwards?\nAnswer: 2385610.0\nQuestion: including the foreign operating loss, what then becomes this sum?\n"
},
{
"role": "agent",
"content": "2484034.0"
}
] |
CONVFINQA22
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options . shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/04</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 89.49</td><td>$ 91.06</td><td>$ 87.88</td><td>$ 70.48</td><td>$ 75.95</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100.00</td><td>$ 104.91</td><td>$ 121.48</td><td>$ 128.15</td><td>$ 80.74</td><td>$ 102.11</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 111.65</td><td>$ 122.61</td><td>$ 124.35</td><td>$ 97.72</td><td>$ 115.88</td></tr></table> .\nQuestion: what was the fluctuation of the performance price of the ups from 2004 to 2006?\nAnswer: -8.94\nQuestion: and how much does this fluctuation represent in relation to that price in 2004?\nAnswer: -0.0894\nQuestion: and from this year to 2009, what was the fluctuation for that stock?\nAnswer: -24.05\nQuestion: what is this fluctuation as a percentage of the 2004 price?\nAnswer: -0.2405\nQuestion: and for the s&p 500 index price, what was the fluctuation in those five years?\n"
},
{
"role": "agent",
"content": "2.11"
}
] |
CONVFINQA2974
|
[
{
"role": "human",
"content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n2022 integration of new projects . during 2010 , the following projects were acquired or commenced commercial operations : project location fuel aes equity interest ( percent , rounded ) . <table class='wikitable'><tr><td>1</td><td>project</td><td>location</td><td>fuel</td><td>gross mw</td><td>aes equity interest ( percent rounded )</td></tr><tr><td>2</td><td>ballylumford</td><td>united kingdom</td><td>gas</td><td>1246</td><td>100% ( 100 % )</td></tr><tr><td>3</td><td>jhrh ( 1 )</td><td>china</td><td>hydro</td><td>379</td><td>35% ( 35 % )</td></tr><tr><td>4</td><td>nueva ventanas</td><td>chile</td><td>coal</td><td>272</td><td>71% ( 71 % )</td></tr><tr><td>5</td><td>st . nikola</td><td>bulgaria</td><td>wind</td><td>156</td><td>89% ( 89 % )</td></tr><tr><td>6</td><td>guacolda 4 ( 2 )</td><td>chile</td><td>coal</td><td>152</td><td>35% ( 35 % )</td></tr><tr><td>7</td><td>dong qi ( 3 )</td><td>china</td><td>wind</td><td>49</td><td>49% ( 49 % )</td></tr><tr><td>8</td><td>huanghua ii ( 3 )</td><td>china</td><td>wind</td><td>49</td><td>49% ( 49 % )</td></tr><tr><td>9</td><td>st . patrick</td><td>france</td><td>wind</td><td>35</td><td>100% ( 100 % )</td></tr><tr><td>10</td><td>north rhins</td><td>scotland</td><td>wind</td><td>22</td><td>100% ( 100 % )</td></tr><tr><td>11</td><td>kepezkaya</td><td>turkey</td><td>hydro</td><td>28</td><td>51% ( 51 % )</td></tr><tr><td>12</td><td>damlapinar ( 4 )</td><td>turkey</td><td>hydro</td><td>16</td><td>51% ( 51 % )</td></tr></table> damlapinar ( 4 ) . . . . . . . . . . . . . . turkey hydro 16 51% ( 51 % ) ( 1 ) jianghe rural electrification development co . ltd . ( 201cjhrh 201d ) and aes china hydropower investment co . ltd . entered into an agreement to acquire a 49% ( 49 % ) interest in this joint venture in june 2010 . acquisition of 35% ( 35 % ) ownership was completed in june 2010 and the transfer of the remaining 14% ( 14 % ) ownership , which is subject to approval by the chinese government , is expected to be completed in may 2011 . ( 2 ) guacolda is an equity method investment indirectly held by aes through gener . the aes equity interest reflects the 29% ( 29 % ) noncontrolling interests in gener . ( 3 ) joint venture with guohua energy investment co . ltd . ( 4 ) joint venture with i.c . energy . key trends and uncertainties our operations continue to face many risks as discussed in item 1a . 2014risk factors of this form 10-k . some of these challenges are also described above in key drivers of results in 2010 . we continue to monitor our operations and address challenges as they arise . development . during the past year , the company has successfully acquired and completed construction of a number of projects , totaling approximately 2404 mw , including the acquisition of ballylumford in the united kingdom and completion of construction of a number of projects in europe , chile and china . however , as discussed in item 1a . 2014risk factors 2014our business is subject to substantial development uncertainties of this form 10-k , our development projects are subject to uncertainties . certain delays have occurred at the 670 mw maritza coal-fired project in bulgaria , and the project has not yet begun commercial operations . as noted in note 10 2014debt included in item 8 of this form 10-k , as a result of these delays the project debt is in default and the company is working with its lenders to resolve the default . in addition , as noted in item 3 . 2014legal proceedings , the company is in litigation with the contractor regarding the cause of delays . at this time , we believe that maritza will commence commercial operations for at least some of the project 2019s capacity by the second half of 2011 . however , commencement of commercial operations could be delayed beyond this time frame . there can be no assurance that maritza will achieve commercial operations , in whole or in part , by the second half of 2011 , resolve the default with the lenders or prevail in the litigation referenced above , which could result in the loss of some or all of our investment or require additional funding for the project . any of these events could have a material adverse effect on the company 2019s operating results or financial position . global economic conditions . during the past few years , economic conditions in some countries where our subsidiaries conduct business have deteriorated . although the economic conditions in several of these countries have improved in recent months , our businesses could be impacted in the event these recent trends do not continue. .\nQuestion: what portion of total mw from acquired or commenced commercial operations in 2010 are related to ballylumford in the united kingdom?\nAnswer: 0.5183\nQuestion: what about related to nueva ventana?\n"
},
{
"role": "agent",
"content": "0.11314"
}
] |
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