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CONVFINQA2513	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i . altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time . the company was restricted from trading altus securities for a period of six months following the initial public offering . when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 . additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no . fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) . in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million . in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million . as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million . in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 . the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 . j . accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k . commitments the company leases its facilities and certain equipment under non-cancelable operating leases . the company 2019s leases have terms through april 2018 . the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 . the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space . this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 . the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility . the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 . see note e , 201crestructuring 201d for further information. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>research and development contract costs</td><td>$ 57761</td><td>$ 20098</td></tr><tr><td>3</td><td>payroll and benefits</td><td>25115</td><td>15832</td></tr><tr><td>4</td><td>professional fees</td><td>3848</td><td>4816</td></tr><tr><td>5</td><td>other</td><td>4635</td><td>1315</td></tr><tr><td>6</td><td>total</td><td>$ 91359</td><td>$ 42061</td></tr></table> research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .\nQuestion: what was the total value of the stock the company sold in august 2006, in millions of dollars?\n" }, { "role": "agent", "content": "11.7" } ]
CONVFINQA3994	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ngeneral market conditions affecting trust asset performance , future discount rates based on average yields of high quality corporate bonds and our decisions regarding certain elective provisions of the we currently project that we will make total u.s . and foreign benefit plan contributions in 2014 of approximately $ 57 million . actual 2014 contributions could be different from our current projections , as influenced by our decision to undertake discretionary funding of our benefit trusts versus other competing investment priorities , future changes in government requirements , trust asset performance , renewals of union contracts , or higher-than-expected health care claims cost experience . we measure cash flow as net cash provided by operating activities reduced by expenditures for property additions . we use this non-gaap financial measure of cash flow to focus management and investors on the amount of cash available for debt repayment , dividend distributions , acquisition opportunities , and share repurchases . our cash flow metric is reconciled to the most comparable gaap measure , as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 1807</td><td>$ 1758</td><td>$ 1595</td></tr><tr><td>3</td><td>additions to properties</td><td>-637 ( 637 )</td><td>-533 ( 533 )</td><td>-594 ( 594 )</td></tr><tr><td>4</td><td>cash flow</td><td>$ 1170</td><td>$ 1225</td><td>$ 1001</td></tr><tr><td>5</td><td>year-over-year change</td><td>( 4.5 ) % ( % )</td><td>22.4% ( 22.4 % )</td><td>-</td></tr></table> year-over-year change ( 4.5 ) % ( % ) 22.4% ( 22.4 % ) the decrease in cash flow ( as defined ) in 2013 compared to 2012 was due primarily to higher capital expenditures . the increase in cash flow in 2012 compared to 2011 was driven by improved performance in working capital resulting from the one-time benefit derived from the pringles acquisition , as well as changes in the level of capital expenditures during the three-year period . investing activities our net cash used in investing activities for 2013 amounted to $ 641 million , a decrease of $ 2604 million compared with 2012 primarily attributable to the $ 2668 million acquisition of pringles in 2012 . capital spending in 2013 included investments in our supply chain infrastructure , and to support capacity requirements in certain markets , including pringles . in addition , we continued the investment in our information technology infrastructure related to the reimplementation and upgrade of our sap platform . net cash used in investing activities of $ 3245 million in 2012 increased by $ 2658 million compared with 2011 , due to the acquisition of pringles in 2012 . cash paid for additions to properties as a percentage of net sales has increased to 4.3% ( 4.3 % ) in 2013 , from 3.8% ( 3.8 % ) in 2012 , which was a decrease from 4.5% ( 4.5 % ) in financing activities our net cash used by financing activities was $ 1141 million for 2013 , compared to net cash provided by financing activities of $ 1317 million for 2012 and net cash used in financing activities of $ 957 million for 2011 . the increase in cash provided from financing activities in 2012 compared to 2013 and 2011 , was primarily due to the issuance of debt related to the acquisition of pringles . total debt was $ 7.4 billion at year-end 2013 and $ 7.9 billion at year-end 2012 . in february 2013 , we issued $ 250 million of two-year floating-rate u.s . dollar notes , and $ 400 million of ten-year 2.75% ( 2.75 % ) u.s . dollar notes , resulting in aggregate net proceeds after debt discount of $ 645 million . the proceeds from these notes were used for general corporate purposes , including , together with cash on hand , repayment of the $ 750 million aggregate principal amount of our 4.25% ( 4.25 % ) u.s . dollar notes due march 2013 . in may 2012 , we issued $ 350 million of three-year 1.125% ( 1.125 % ) u.s . dollar notes , $ 400 million of five-year 1.75% ( 1.75 % ) u.s . dollar notes and $ 700 million of ten-year 3.125% ( 3.125 % ) u.s . dollar notes , resulting in aggregate net proceeds after debt discount of $ 1.442 billion . the proceeds of these notes were used for general corporate purposes , including financing a portion of the acquisition of pringles . in may 2012 , we issued cdn . $ 300 million of two-year 2.10% ( 2.10 % ) fixed rate canadian dollar notes , using the proceeds from these notes for general corporate purposes , which included repayment of intercompany debt . this repayment resulted in cash available to be used for a portion of the acquisition of pringles . in december 2012 , we repaid $ 750 million five-year 5.125% ( 5.125 % ) u.s . dollar notes at maturity with commercial paper . in april 2011 , we repaid $ 945 million ten-year 6.60% ( 6.60 % ) u.s . dollar notes at maturity with commercial paper . in may 2011 , we issued $ 400 million of seven-year 3.25% ( 3.25 % ) fixed rate u.s . dollar notes , using the proceeds of $ 397 million for general corporate purposes and repayment of commercial paper . in november 2011 , we issued $ 500 million of five-year 1.875% ( 1.875 % ) fixed rate u . s . dollar notes , using the proceeds of $ 498 million for general corporate purposes and repayment of commercial paper. .\nQuestion: what was the value of cash provided by operations in 2013?\nAnswer: 1807.0\nQuestion: what was the value in 2011?\nAnswer: 1595.0\nQuestion: what is the net change in value?\n" }, { "role": "agent", "content": "212.0" } ]
CONVFINQA1066	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincreased by $ 105.6 million , or 3.4% ( 3.4 % ) , from 2006 to 2007 . the following table reflects the components of our revenue growth for the years ended december 31 , 2008 , 2007 and 2006: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>core price</td><td>4.0% ( 4.0 % )</td><td>4.2% ( 4.2 % )</td><td>3.4% ( 3.4 % )</td></tr><tr><td>3</td><td>fuel surcharges</td><td>1.8</td><td>.2</td><td>1.1</td></tr><tr><td>4</td><td>environmental fees</td><td>.4</td><td>.2</td><td>.4</td></tr><tr><td>5</td><td>recycling commodities</td><td>.1</td><td>.9</td><td>-.1 ( .1 )</td></tr><tr><td>6</td><td>total price</td><td>6.3</td><td>5.5</td><td>4.8</td></tr><tr><td>7</td><td>core volume ( 1 )</td><td>-3.9 ( 3.9 )</td><td>-1.5 ( 1.5 )</td><td>2.4</td></tr><tr><td>8</td><td>non-core volume</td><td>.1</td><td>-.1 ( .1 )</td><td>2014</td></tr><tr><td>9</td><td>total volume</td><td>-3.8 ( 3.8 )</td><td>-1.6 ( 1.6 )</td><td>2.4</td></tr><tr><td>10</td><td>total internal growth</td><td>2.5</td><td>3.9</td><td>7.2</td></tr><tr><td>11</td><td>acquisitions net of divestitures ( 2 )</td><td>13.4</td><td>-.5 ( .5 )</td><td>-.1 ( .1 )</td></tr><tr><td>12</td><td>taxes ( 3 )</td><td>.1</td><td>2014</td><td>.1</td></tr><tr><td>13</td><td>total revenue growth</td><td>16.0% ( 16.0 % )</td><td>3.4% ( 3.4 % )</td><td>7.2% ( 7.2 % )</td></tr></table> ( 1 ) core volume growth for the year ended december 31 , 2006 includes .8% ( .8 % ) associated with hauling waste from the city of toronto to one of our landfills in michigan . this hauling service is provided to the city at a rate that approximates our cost . ( 2 ) includes the impact of the acquisition of allied in december 2008 . ( 3 ) represents new taxes levied on landfill volumes in certain states that are passed on to customers . 25aa 2008 : during the year ended december 31 , 2008 , our core revenue growth continued to benefit from a broad-based pricing initiative . in addition , 14.7% ( 14.7 % ) of our revenue growth is due to our acquisition of allied in december 2008 . revenue growth also benefited from higher fuel surcharges and environmental fees . however , during 2008 we experienced lower prices for commodities . we also experienced a decrease in core volumes primarily due to lower commercial and industrial collection volumes and lower landfill volumes resulting from the slowdown in the economy . we expect to continue to experience lower volumes until economic conditions improve . 25aa 2007 : during the year ended december 31 , 2007 , our revenue growth from core pricing continued to benefit from a broad-based pricing initiative . our revenue growth also benefited from higher prices for commodities . however , we experienced a decrease in core volume growth primarily due to lower industrial collection and landfill volumes resulting from the slowdown in residential construction . 25aa 2006 : during the year ended december 31 , 2006 , our revenue growth continued to benefit from our broad-based pricing initiative . we experienced core volume growth in our collection and landfill lines of business . this core volume growth was partially offset by hurricane clean-up efforts that took place during the fourth quarter of 2005 . 25aa 2009 outlook : we anticipate internal revenue from core operations to decrease approximately 4.0% ( 4.0 % ) during 2009 . this decrease is the expected net of growth in core pricing of approximately 4.0% ( 4.0 % ) and an expected decrease in volume of approximately 8.0% ( 8.0 % ) . our projections assume no deterioration or improvement in the overall economy from that experienced during the fourth quarter of 2008 . however , our internal growth may remain flat or may decline in 2009 depending on economic conditions and our success in implementing pricing initiatives . cost of operations . cost of operations was $ 2.4 billion , $ 2.0 billion and $ 1.9 billion , or , as a percentage of revenue , 65.6% ( 65.6 % ) , 63.1% ( 63.1 % ) and 62.7% ( 62.7 % ) , for the years ended december 31 , 2008 , 2007 and 2006 , respectively . the increase in cost of operations in aggregate dollars for the year ended december 31 , 2008 versus the comparable 2007 period is primarily a result of our acquisition of allied in december 2008 . the remaining increase in cost of operations in aggregate dollars and the increase as a percentage of revenue is primarily due to charges we recorded during 2008 of $ 98.0 million related to estimated costs to comply with f&os issued by the oepa and the aoc issued by the epa in response to environmental conditions at our countywide facility in ohio , $ 21.9 million related to environmental conditions at our closed disposal facility %%transmsg* transmitting job : p14076 pcn : 048000000 *%%pcmsg\|46 \|00044\|yes\|no\|02/28/2009 17:08\|0\|0\|page is valid , no graphics -- color : d\| .\nQuestion: what is the cost of operations in 2008?\n" }, { "role": "agent", "content": "2.4" } ]
CONVFINQA641	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 grand gulf recovery variance is primarily due to increased recovery of higher costs resulting from the grand gulf uprate . the volume/weather variance is primarily due to the effects of more favorable weather on residential sales and an increase in industrial sales primarily due to growth in the refining segment . the fuel recovery variance is primarily due to : 2022 the deferral of increased capacity costs that will be recovered through fuel adjustment clauses ; 2022 the expiration of the evangeline gas contract on january 1 , 2013 ; and 2022 an adjustment to deferred fuel costs recorded in the third quarter 2012 in accordance with a rate order from the puct issued in september 2012 . see note 2 to the financial statements for further discussion of this puct order issued in entergy texas's 2011 rate case . the miso deferral variance is primarily due to the deferral in april 2013 , as approved by the apsc , of costs incurred since march 2010 related to the transition and implementation of joining the miso rto . the decommissioning trusts variance is primarily due to lower regulatory credits resulting from higher realized income on decommissioning trust fund investments . there is no effect on net income as the credits are offset by interest and investment income . entergy wholesale commodities following is an analysis of the change in net revenue comparing 2013 to 2012 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2012 net revenue</td><td>$ 1854</td></tr><tr><td>3</td><td>mark-to-market</td><td>-58 ( 58 )</td></tr><tr><td>4</td><td>nuclear volume</td><td>-24 ( 24 )</td></tr><tr><td>5</td><td>nuclear fuel expenses</td><td>-20 ( 20 )</td></tr><tr><td>6</td><td>nuclear realized price changes</td><td>58</td></tr><tr><td>7</td><td>other</td><td>-8 ( 8 )</td></tr><tr><td>8</td><td>2013 net revenue</td><td>$ 1802</td></tr></table> as shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 52 million in 2013 primarily due to : 2022 the effect of rising forward power prices on electricity derivative instruments that are not designated as hedges , including additional financial power sales conducted in the fourth quarter 2013 to offset the planned exercise of in-the-money protective call options and to lock in margins . these additional sales did not qualify for hedge accounting treatment , and increases in forward prices after those sales were made accounted for the majority of the negative mark-to-market variance . it is expected that the underlying transactions will result in earnings in first quarter 2014 as these positions settle . see note 16 to the financial statements for discussion of derivative instruments ; 2022 the decrease in net revenue compared to prior year resulting from the exercise of resupply options provided for in purchase power agreements where entergy wholesale commodities may elect to supply power from another source when the plant is not running . amounts related to the exercise of resupply options are included in the gwh billed in the table below ; and entergy corporation and subsidiaries management's financial discussion and analysis .\nQuestion: what is the difference in revenue between 2012 and 2013?\nAnswer: 52.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "1.11538" } ]
CONVFINQA3887	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnew term loan a facility , with the remaining unpaid principal amount of loans under the new term loan a facility due and payable in full at maturity on june 6 , 2021 . principal amounts outstanding under the new revolving loan facility are due and payable in full at maturity on june 6 , 2021 , subject to earlier repayment pursuant to the springing maturity date described above . in addition to paying interest on outstanding principal under the borrowings , we are obligated to pay a quarterly commitment fee at a rate determined by reference to a total leverage ratio , with a maximum commitment fee of 40% ( 40 % ) of the applicable margin for eurocurrency loans . in july 2016 , breakaway four , ltd. , as borrower , and nclc , as guarantor , entered into a supplemental agreement , which amended the breakaway four loan to , among other things , increase the aggregate principal amount of commitments under the multi-draw term loan credit facility from 20ac590.5 million to 20ac729.9 million . in june 2016 , we took delivery of seven seas explorer . to finance the payment due upon delivery , we had export credit financing in place for 80% ( 80 % ) of the contract price . the associated $ 373.6 million term loan bears interest at 3.43% ( 3.43 % ) with a maturity date of june 30 , 2028 . principal and interest payments shall be paid semiannually . in december 2016 , nclc issued $ 700.0 million aggregate principal amount of 4.750% ( 4.750 % ) senior unsecured notes due december 2021 ( the 201cnotes 201d ) in a private offering ( the 201coffering 201d ) at par . nclc used the net proceeds from the offering , after deducting the initial purchasers 2019 discount and estimated fees and expenses , together with cash on hand , to purchase its outstanding 5.25% ( 5.25 % ) senior notes due 2019 having an aggregate outstanding principal amount of $ 680 million . the redemption of the 5.25% ( 5.25 % ) senior notes due 2019 was completed in january 2017 . nclc will pay interest on the notes at 4.750% ( 4.750 % ) per annum , semiannually on june 15 and december 15 of each year , commencing on june 15 , 2017 , to holders of record at the close of business on the immediately preceding june 1 and december 1 , respectively . nclc may redeem the notes , in whole or part , at any time prior to december 15 , 2018 , at a price equal to 100% ( 100 % ) of the principal amount of the notes redeemed plus accrued and unpaid interest to , but not including , the redemption date and a 201cmake-whole premium . 201d nclc may redeem the notes , in whole or in part , on or after december 15 , 2018 , at the redemption prices set forth in the indenture governing the notes . at any time ( which may be more than once ) on or prior to december 15 , 2018 , nclc may choose to redeem up to 40% ( 40 % ) of the aggregate principal amount of the notes at a redemption price equal to 104.750% ( 104.750 % ) of the face amount thereof with an amount equal to the net proceeds of one or more equity offerings , so long as at least 60% ( 60 % ) of the aggregate principal amount of the notes issued remains outstanding following such redemption . the indenture governing the notes contains covenants that limit nclc 2019s ability ( and its restricted subsidiaries 2019 ability ) to , among other things : ( i ) incur or guarantee additional indebtedness or issue certain preferred shares ; ( ii ) pay dividends and make certain other restricted payments ; ( iii ) create restrictions on the payment of dividends or other distributions to nclc from its restricted subsidiaries ; ( iv ) create liens on certain assets to secure debt ; ( v ) make certain investments ; ( vi ) engage in transactions with affiliates ; ( vii ) engage in sales of assets and subsidiary stock ; and ( viii ) transfer all or substantially all of its assets or enter into merger or consolidation transactions . the indenture governing the notes also provides for events of default , which , if any of them occurs , would permit or require the principal , premium ( if any ) , interest and other monetary obligations on all of the then-outstanding notes to become due and payable immediately . interest expense , net for the year ended december 31 , 2016 was $ 276.9 million which included $ 34.7 million of amortization of deferred financing fees and a $ 27.7 million loss on extinguishment of debt . interest expense , net for the year ended december 31 , 2015 was $ 221.9 million which included $ 36.7 million of amortization of deferred financing fees and a $ 12.7 million loss on extinguishment of debt . interest expense , net for the year ended december 31 , 2014 was $ 151.8 million which included $ 32.3 million of amortization of deferred financing fees and $ 15.4 million of expenses related to financing transactions in connection with the acquisition of prestige . certain of our debt agreements contain covenants that , among other things , require us to maintain a minimum level of liquidity , as well as limit our net funded debt-to-capital ratio , maintain certain other ratios and restrict our ability to pay dividends . substantially all of our ships and other property and equipment are pledged as collateral for certain of our debt . we believe we were in compliance with these covenants as of december 31 , 2016 . the following are scheduled principal repayments on long-term debt including capital lease obligations as of december 31 , 2016 for each of the next five years ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2017</td><td>$ 560193</td></tr><tr><td>3</td><td>2018</td><td>554846</td></tr><tr><td>4</td><td>2019</td><td>561687</td></tr><tr><td>5</td><td>2020</td><td>1153733</td></tr><tr><td>6</td><td>2021</td><td>2193823</td></tr><tr><td>7</td><td>thereafter</td><td>1490322</td></tr><tr><td>8</td><td>total</td><td>$ 6514604</td></tr></table> we had an accrued interest liability of $ 32.5 million and $ 34.2 million as of december 31 , 2016 and 2015 , respectively. .\nQuestion: what is the balance of accrued interest liability in 2016?\n" }, { "role": "agent", "content": "32.5" } ]
CONVFINQA4994	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our common stock is listed and traded on the new york stock exchange under the symbol 201cipg 201d . as of february 13 , 2019 , there were approximately 10000 registered holders of our outstanding common stock . on february 13 , 2019 , we announced that our board of directors ( the 201cboard 201d ) had declared a common stock cash dividend of $ 0.235 per share , payable on march 15 , 2019 to holders of record as of the close of business on march 1 , 2019 . although it is the board 2019s current intention to declare and pay future dividends , there can be no assurance that such additional dividends will in fact be declared and paid . any and the amount of any such declaration is at the discretion of the board and will depend upon factors such as our earnings , financial position and cash requirements . equity compensation plans see item 12 for information about our equity compensation plans . transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2018 to december 31 , 2018 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>3824</td><td>$ 23.30</td><td>2014</td><td>$ 338421933</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1750</td><td>$ 23.77</td><td>2014</td><td>$ 338421933</td></tr><tr><td>4</td><td>december 1 - 31</td><td>2014</td><td>2014</td><td>2014</td><td>$ 338421933</td></tr><tr><td>5</td><td>total</td><td>5574</td><td>$ 23.45</td><td>2014</td><td>-</td></tr></table> 1 the total number of shares of our common stock , par value $ 0.10 per share , repurchased were withheld under the terms of grants under employee stock- based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum in the applicable period of the aggregate value of the tax withholding obligations by the sum of the number of withheld shares . 3 in february 2017 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2017 share repurchase program 201d ) . in february 2018 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock , which was in addition to any amounts remaining under the 2017 share repurchase program . on july 2 , 2018 , in connection with the announcement of the acxiom acquisition , we announced that share repurchases will be suspended for a period of time in order to reduce the increased debt levels incurred in conjunction with the acquisition , and no shares were repurchased pursuant to the share repurchase programs in the periods reflected . there are no expiration dates associated with the share repurchase programs. .\nQuestion: what was the total number of shares purchased in november?\nAnswer: 3824.0\nQuestion: and what was it in october?\nAnswer: 1750.0\nQuestion: what was, then, the change in that number over the month?\nAnswer: 2074.0\nQuestion: what was the total number of shares purchased in october?\nAnswer: 3824.0\nQuestion: and how much does that change represent in relation to this october total number?\n" }, { "role": "agent", "content": "0.54236" } ]
CONVFINQA3553	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index as of the market close on september 30 , 2008 . data points on the graph are annual . note that historic stock price performance is not necessarily indicative of future stock price performance . fiscal year ending september 30 . copyright 2013 s&p , a division of the mcgraw-hill companies inc . all rights reserved . copyright 2013 dow jones & co . all rights reserved . *$ 100 invested on 9/30/08 in stock or index , including reinvestment of dividends . september 30 , september 30 , september 30 , september 30 , september 30 , september 30 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 30 2008</td><td>september 30 2009</td><td>september 30 2010</td><td>september 30 2011</td><td>september 30 2012</td><td>september 30 2013</td></tr><tr><td>2</td><td>apple inc .</td><td>$ 100</td><td>$ 163</td><td>$ 250</td><td>$ 335</td><td>$ 589</td><td>$ 431</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100</td><td>$ 93</td><td>$ 103</td><td>$ 104</td><td>$ 135</td><td>$ 161</td></tr><tr><td>4</td><td>s&p computer hardware index</td><td>$ 100</td><td>$ 118</td><td>$ 140</td><td>$ 159</td><td>$ 255</td><td>$ 197</td></tr><tr><td>5</td><td>dow jones us technology supersector index</td><td>$ 100</td><td>$ 111</td><td>$ 124</td><td>$ 128</td><td>$ 166</td><td>$ 175</td></tr></table> .\nQuestion: what was the difference in price for apple between 2008 and 2013?\nAnswer: 331.0\nQuestion: and the percentage growth?\nAnswer: 3.31\nQuestion: and the difference for the s&p computer hardware index over the same period?\nAnswer: 97.0\nQuestion: and the starting price for the index?\n" }, { "role": "agent", "content": "100.0" } ]
CONVFINQA3938	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 consolidated net cash flows used for investing activities were $ 4.2 billion in 2010 , compared with $ 3.2 billion in 2009 . net investing activities for the indicated periods were related primarily to net purchases of fixed maturities and for 2010 included the acquisitions of rain and hail and jerneh insurance berhad . our consolidated net cash flows from financing activities were $ 732 million in 2010 , compared with net cash flows used for financing activities of $ 321 million in 2009 . net cash flows from/used for financing activities in 2010 and 2009 , included dividends paid on our common shares of $ 435 million and $ 388 million , respectively . net cash flows from financing activ- ities in 2010 , included net proceeds of $ 699 million from the issuance of long-term debt , $ 1 billion in reverse repurchase agreements , and $ 300 million in credit facility borrowings . this was partially offset by repayment of $ 659 million in debt and share repurchases settled in 2010 of $ 235 million . for 2009 , net cash flows used for financing activities included net pro- ceeds from the issuance of $ 500 million in long-term debt and the net repayment of debt and reverse repurchase agreements of $ 466 million . both internal and external forces influence our financial condition , results of operations , and cash flows . claim settle- ments , premium levels , and investment returns may be impacted by changing rates of inflation and other economic conditions . in many cases , significant periods of time , ranging up to several years or more , may lapse between the occurrence of an insured loss , the reporting of the loss to us , and the settlement of the liability for that loss . from time to time , we utilize reverse repurchase agreements as a low-cost alternative for short-term funding needs . we use these instruments on a limited basis to address short-term cash timing differences without disrupting our investment portfolio holdings and settle the transactions with future operating cash flows . at december 31 , 2010 , there were $ 1 billion in reverse repurchase agreements outstanding ( refer to short-term debt ) . in addition to cash from operations , routine sales of investments , and financing arrangements , we have agreements with a bank provider which implemented two international multi-currency notional cash pooling programs to enhance cash management efficiency during periods of short-term timing mismatches between expected inflows and outflows of cash by currency . in each program , participating ace entities establish deposit accounts in different currencies with the bank provider and each day the credit or debit balances in every account are notionally translated into a single currency ( u.s . dollars ) and then notionally pooled . the bank extends overdraft credit to any participating ace entity as needed , provided that the overall notionally-pooled balance of all accounts in each pool at the end of each day is at least zero . actual cash balances are not physically converted and are not co-mingled between legal entities . ace entities may incur overdraft balances as a means to address short-term timing mismatches , and any overdraft balances incurred under this program by an ace entity would be guaranteed by ace limited ( up to $ 150 million in the aggregate ) . our revolving credit facility allows for same day drawings to fund a net pool overdraft should participating ace entities withdraw contributed funds from the pool . capital resources capital resources consist of funds deployed or available to be deployed to support our business operations . the following table summarizes the components of our capital resources at december 31 , 2010 , and 2009. . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars except for percentages )</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>short-term debt</td><td>$ 1300</td><td>$ 161</td></tr><tr><td>3</td><td>long-term debt</td><td>3358</td><td>3158</td></tr><tr><td>4</td><td>total debt</td><td>4658</td><td>3319</td></tr><tr><td>5</td><td>trust preferred securities</td><td>309</td><td>309</td></tr><tr><td>6</td><td>total shareholders 2019 equity</td><td>22974</td><td>19667</td></tr><tr><td>7</td><td>total capitalization</td><td>$ 27941</td><td>$ 23295</td></tr><tr><td>8</td><td>ratio of debt to total capitalization</td><td>16.7% ( 16.7 % )</td><td>14.2% ( 14.2 % )</td></tr><tr><td>9</td><td>ratio of debt plus trust preferred securities to total capitalization</td><td>17.8% ( 17.8 % )</td><td>15.6% ( 15.6 % )</td></tr></table> our ratios of debt to total capitalization and debt plus trust preferred securities to total capitalization have increased temporarily due to the increase in short-term debt , as discussed below . we expect that these ratios will decline over the next six to nine months as we repay the short-term debt . we believe our financial strength provides us with the flexibility and capacity to obtain available funds externally through debt or equity financing on both a short-term and long-term basis . our ability to access the capital markets is dependent on , among other things , market conditions and our perceived financial strength . we have accessed both the debt and equity markets from time to time. .\nQuestion: what is the cash used from investing activities in 2010?\nAnswer: 4.2\nQuestion: what about in 2009?\nAnswer: 3.2\nQuestion: what is the net change?\nAnswer: 1.0\nQuestion: what percentage change does this represent?\nAnswer: 0.3125\nQuestion: what is the ratio of total debt to total equity?\n" }, { "role": "agent", "content": "0.20275" } ]
CONVFINQA7153	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nlong-term product offerings include active and index strategies . our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile . we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction . in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index . index strategies include both our non-etf index products and ishares etfs . althoughmany clients use both active and index strategies , the application of these strategies may differ . for example , clients may use index products to gain exposure to a market or asset class . in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates . this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings . equity year-end 2015 equity aum totaled $ 2.424 trillion , reflecting net inflows of $ 52.8 billion . net inflows included $ 78.4 billion and $ 4.2 billion into ishares and active products , respectively . ishares net inflows were driven by the core series and flows into broad developed market equity exposures , and active net inflows reflected demand for international equities . ishares and active net inflows were partially offset by non-etf index net outflows of $ 29.8 billion . blackrock 2019s effective fee rates fluctuate due to changes in aummix . approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s . equity strategies . accordingly , fluctuations in international equity markets , which do not consistently move in tandemwith u.s . markets , may have a greater impact on blackrock 2019s effective equity fee rates and revenues . fixed income fixed income aum ended 2015 at $ 1.422 trillion , increasing $ 28.7 billion , or 2% ( 2 % ) , from december 31 , 2014 . the increase in aum reflected $ 76.9 billion in net inflows , partially offset by $ 48.2 billion in net market depreciation and foreign exchange movements . in 2015 , active net inflows of $ 35.9 billion were diversified across fixed income offerings , with strong flows into our unconstrained , total return and high yield strategies . flagship funds in these product areas include our unconstrained strategic income opportunities and fixed income strategies funds , with net inflows of $ 7.0 billion and $ 3.7 billion , respectively ; our total return fund with net inflows of $ 2.7 billion ; and our high yield bond fund with net inflows of $ 3.5 billion . fixed income ishares net inflows of $ 50.3 billion were led by flows into core , corporate and high yield bond funds . active and ishares net inflows were partially offset by non-etf index net outflows of $ 9.3 billion . multi-asset class blackrock 2019s multi-asset class teammanages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities . investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays . component changes in multi-asset class aum for 2015 are presented below . ( in millions ) december 31 , 2014 net inflows ( outflows ) acquisition ( 1 ) market change fx impact december 31 , 2015 asset allocation and balanced $ 183032 $ 12926 $ 2014 $ ( 6731 ) $ ( 3391 ) $ 185836 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 312014</td><td>net inflows ( outflows )</td><td>acquisition ( 1 )</td><td>market change</td><td>fx impact</td><td>december 312015</td></tr><tr><td>2</td><td>asset allocation and balanced</td><td>$ 183032</td><td>$ 12926</td><td>$ 2014</td><td>$ -6731 ( 6731 )</td><td>$ -3391 ( 3391 )</td><td>$ 185836</td></tr><tr><td>3</td><td>target date/risk</td><td>128611</td><td>218</td><td>2014</td><td>-1308 ( 1308 )</td><td>-1857 ( 1857 )</td><td>125664</td></tr><tr><td>4</td><td>fiduciary</td><td>66194</td><td>3985</td><td>2014</td><td>627</td><td>-6373 ( 6373 )</td><td>64433</td></tr><tr><td>5</td><td>futureadvisor</td><td>2014</td><td>38</td><td>366</td><td>-1 ( 1 )</td><td>2014</td><td>403</td></tr><tr><td>6</td><td>multi-asset</td><td>$ 377837</td><td>$ 17167</td><td>$ 366</td><td>$ -7413 ( 7413 )</td><td>$ -11621 ( 11621 )</td><td>$ 376336</td></tr></table> ( 1 ) amounts represent $ 366 million of aum acquired in the futureadvisor acquisition in october 2015 . the futureadvisor acquisition amount does not include aum that was held in ishares holdings . multi-asset class net inflows reflected ongoing institutional demand for our solutions-based advice with $ 17.4 billion of net inflows coming from institutional clients . defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 7.3 billion to institutional multi-asset class net new business in 2015 , primarily into target date and target risk product offerings . retail net outflows of $ 1.3 billion were primarily due to a large single-client transition out of mutual funds into a series of ishares across asset classes . notwithstanding this transition , retail flows reflected demand for our multi-asset income fund family , which raised $ 4.6 billion in 2015 . the company 2019s multi-asset class strategies include the following : 2022 asset allocation and balanced products represented 49% ( 49 % ) of multi-asset class aum at year-end , with growth in aum driven by net new business of $ 12.9 billion . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . flagship products in this category include our global allocation andmulti-asset income suites. .\nQuestion: what is the value of total multi assets in 2015?\nAnswer: 376336.0\nQuestion: what was the value in 2014?\nAnswer: 377837.0\nQuestion: what is the net change?\nAnswer: -1501.0\nQuestion: what was the 2014 value?\n" }, { "role": "agent", "content": "377837.0" } ]
CONVFINQA7343	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nn o t e s t o t h e c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries 20 . statutory financial information the company 2019s insurance and reinsurance subsidiaries are subject to insurance laws and regulations in the jurisdictions in which they operate . these regulations include restrictions that limit the amount of dividends or other distributions , such as loans or cash advances , available to shareholders without prior approval of the insurance regulatory authorities . there are no statutory restrictions on the payment of dividends from retained earnings by any of the bermuda subsidiaries as the minimum statutory capital and surplus requirements are satisfied by the share capital and additional paid-in capital of each of the bermuda subsidiaries . the company 2019s u.s . subsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by insurance regulators . statutory accounting differs from gaap in the reporting of certain reinsurance contracts , investments , subsidiaries , acquis- ition expenses , fixed assets , deferred income taxes , and certain other items . the statutory capital and surplus of the u.s . subsidiaries met regulatory requirements for 2009 , 2008 , and 2007 . the amount of dividends available to be paid in 2010 , without prior approval from the state insurance departments , totals $ 733 million . the combined statutory capital and surplus and statutory net income of the bermuda and u.s . subsidiaries as at and for the years ended december 31 , 2009 , 2008 , and 2007 , are as follows: . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars )</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>bermuda subsidiaries 2007</td><td>bermuda subsidiaries 2009</td><td>bermuda subsidiaries 2008</td><td>2007</td></tr><tr><td>2</td><td>statutory capital and surplus</td><td>$ 9299</td><td>$ 6205</td><td>$ 8579</td><td>$ 5801</td><td>$ 5368</td><td>$ 5321</td></tr><tr><td>3</td><td>statutory net income</td><td>$ 2472</td><td>$ 2196</td><td>$ 1535</td><td>$ 870</td><td>$ 818</td><td>$ 873</td></tr></table> as permitted by the restructuring discussed previously in note 7 , certain of the company 2019s u.s . subsidiaries discount certain a&e liabilities , which increased statutory capital and surplus by approximately $ 215 million , $ 211 million , and $ 140 million at december 31 , 2009 , 2008 , and 2007 , respectively . the company 2019s international subsidiaries prepare statutory financial statements based on local laws and regulations . some jurisdictions impose complex regulatory requirements on insurance companies while other jurisdictions impose fewer requirements . in some countries , the company must obtain licenses issued by governmental authorities to conduct local insurance business . these licenses may be subject to reserves and minimum capital and solvency tests . jurisdictions may impose fines , censure , and/or criminal sanctions for violation of regulatory requirements . 21 . information provided in connection with outstanding debt of subsidiaries the following tables present condensed consolidating financial information at december 31 , 2009 , and december 31 , 2008 , and for the years ended december 31 , 2009 , 2008 , and 2007 , for ace limited ( the parent guarantor ) and its 201csubsidiary issuer 201d , ace ina holdings , inc . the subsidiary issuer is an indirect 100 percent-owned subsidiary of the parent guarantor . investments in subsidiaries are accounted for by the parent guarantor under the equity method for purposes of the supplemental consolidating presentation . earnings of subsidiaries are reflected in the parent guarantor 2019s investment accounts and earnings . the parent guarantor fully and unconditionally guarantees certain of the debt of the subsidiary issuer. .\nQuestion: what was the value of statutory capital and surplus due to discount of certain a&e liabilities in 2009?\nAnswer: 215.0\nQuestion: what was the value of statutory capital and surplus due to discount of certain a&e liabilities in 2008?\nAnswer: 211.0\nQuestion: what is the change in value?\nAnswer: 4.0\nQuestion: what was the amount in 2008?\nAnswer: 211.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.01896" } ]
CONVFINQA2356	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no . 123 to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>net loss as reported</td><td>$ -1141879 ( 1141879 )</td><td>$ -450094 ( 450094 )</td><td>$ -194628 ( 194628 )</td></tr><tr><td>3</td><td>less : total stock-based employee compensation expense determined under fair value basedmethod for all awards net of related tax effect</td><td>-38126 ( 38126 )</td><td>-50540 ( 50540 )</td><td>-51186 ( 51186 )</td></tr><tr><td>4</td><td>pro-forma net loss</td><td>$ -1180005 ( 1180005 )</td><td>$ -500634 ( 500634 )</td><td>$ -245814 ( 245814 )</td></tr><tr><td>5</td><td>basic and diluted net loss per share 2014as reported</td><td>$ -5.84 ( 5.84 )</td><td>$ -2.35 ( 2.35 )</td><td>$ -1.15 ( 1.15 )</td></tr><tr><td>6</td><td>basic and diluted net loss per share 2014pro-forma</td><td>$ -6.04 ( 6.04 )</td><td>$ -2.61 ( 2.61 )</td><td>$ -1.46 ( 1.46 )</td></tr></table> fair value of financial instruments 2014as of december 31 , 2002 , the carrying amounts of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 210.9 million , $ 212.7 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 291.4 million , $ 187.2 million , $ 144.4 million and $ 780.0 million , respectively . as of december 31 , 2001 , the carrying amount of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 204.1 million , $ 212.8 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 268.3 million , $ 173.1 million , $ 158.2 million and $ 805.0 million , respectively . fair values were determined based on quoted market prices . the carrying values of all other financial instruments reasonably approximate the related fair values as of december 31 , 2002 and 2001 . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . under the plan , the company matches 35% ( 35 % ) of participants 2019 contributions up to a maximum 5% ( 5 % ) of a participant 2019s compensation . the company contributed approximately $ 979000 , $ 1540000 and $ 1593000 to the plan for the years ended december 31 , 2002 , 2001 and 2000 , respectively . recent accounting pronouncements 2014in june 2001 , the fasb issued sfas no . 143 , 201caccounting for asset retirement obligations . 201d this statement establishes accounting standards for the recognition and measurement of liabilities associated with the retirement of tangible long-lived assets and the related asset retirement costs . the requirements of sfas no . 143 are effective for the company as of january 1 , 2003 . the company will adopt this statement in the first quarter of 2003 and does not expect the impact of adopting this statement to have a material impact on its consolidated financial position or results of operations . in august 2001 , the fasb issued sfas no . 144 , 201caccounting for the impairment or disposal of long-lived assets . 201d sfas no . 144 supersedes sfas no . 121 , 201caccounting for the impairment of long-lived assets and for long-lived assets to be disposed of , 201d but retains many of its fundamental provisions . sfas no . 144 also clarifies certain measurement and classification issues from sfas no . 121 . in addition , sfas no . 144 supersedes the accounting and reporting provisions for the disposal of a business segment as found in apb no . 30 , 201creporting the results of operations 2014reporting the effects of disposal of a segment of a business and extraordinary , unusual and infrequently occurring events and transactions 201d . however , sfas no . 144 retains the requirement in apb no . 30 to separately report discontinued operations , and broadens the scope of such requirement to include more types of disposal transactions . the scope of sfas no . 144 excludes goodwill and other intangible assets that are not to be amortized , as the accounting for such items is prescribed by sfas no . 142 . the company implemented sfas no . 144 on january 1 , 2002 . accordingly , all relevant impairment assessments and decisions concerning discontinued operations have been made under this standard in 2002. .\nQuestion: what was the change in the net loss as reported from 2001 to 2002, based on the black-scholes option-pricing model?\nAnswer: 691785.0\nQuestion: and what was that net loss in 2001?\n" }, { "role": "agent", "content": "450094.0" } ]
CONVFINQA3852	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 summary of the company 2019s significant contractual obligations as of december 31 , 2015 , follows : contractual obligations . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>total</td><td>payments due by year 2016</td><td>payments due by year 2017</td><td>payments due by year 2018</td><td>payments due by year 2019</td><td>payments due by year 2020</td><td>payments due by year after 2020</td></tr><tr><td>2</td><td>long-term debt including current portion ( note 10 )</td><td>$ 9878</td><td>$ 1125</td><td>$ 744</td><td>$ 993</td><td>$ 622</td><td>$ 1203</td><td>$ 5191</td></tr><tr><td>3</td><td>interest on long-term debt</td><td>2244</td><td>174</td><td>157</td><td>153</td><td>149</td><td>146</td><td>1465</td></tr><tr><td>4</td><td>operating leases ( note 14 )</td><td>943</td><td>234</td><td>191</td><td>134</td><td>86</td><td>72</td><td>226</td></tr><tr><td>5</td><td>capital leases ( note 14 )</td><td>59</td><td>11</td><td>6</td><td>4</td><td>3</td><td>3</td><td>32</td></tr><tr><td>6</td><td>unconditional purchase obligations and other</td><td>1631</td><td>1228</td><td>160</td><td>102</td><td>54</td><td>56</td><td>31</td></tr><tr><td>7</td><td>total contractual cash obligations</td><td>$ 14755</td><td>$ 2772</td><td>$ 1258</td><td>$ 1386</td><td>$ 914</td><td>$ 1480</td><td>$ 6945</td></tr></table> long-term debt payments due in 2016 and 2017 include floating rate notes totaling $ 126 million ( classified as current portion of long-term debt ) , and $ 96 million ( included as a separate floating rate note in the long-term debt table ) , respectively , as a result of put provisions associated with these debt instruments . interest projections on both floating and fixed rate long-term debt , including the effects of interest rate swaps , are based on effective interest rates as of december 31 , 2015 . unconditional purchase obligations are defined as an agreement to purchase goods or services that is enforceable and legally binding on the company . included in the unconditional purchase obligations category above are certain obligations related to take or pay contracts , capital commitments , service agreements and utilities . these estimates include both unconditional purchase obligations with terms in excess of one year and normal ongoing purchase obligations with terms of less than one year . many of these commitments relate to take or pay contracts , in which 3m guarantees payment to ensure availability of products or services that are sold to customers . the company expects to receive consideration ( products or services ) for these unconditional purchase obligations . contractual capital commitments are included in the preceding table , but these commitments represent a small part of the company 2019s expected capital spending in 2016 and beyond . the purchase obligation amounts do not represent the entire anticipated purchases in the future , but represent only those items for which the company is contractually obligated . the majority of 3m 2019s products and services are purchased as needed , with no unconditional commitment . for this reason , these amounts will not provide a reliable indicator of the company 2019s expected future cash outflows on a stand-alone basis . other obligations , included in the preceding table within the caption entitled 201cunconditional purchase obligations and other , 201d include the current portion of the liability for uncertain tax positions under asc 740 , which is expected to be paid out in cash in the next 12 months . the company is not able to reasonably estimate the timing of the long-term payments or the amount by which the liability will increase or decrease over time ; therefore , the long-term portion of the net tax liability of $ 208 million is excluded from the preceding table . refer to note 8 for further details . as discussed in note 11 , the company does not have a required minimum cash pension contribution obligation for its u.s . plans in 2016 and company contributions to its u.s . and international pension plans are expected to be largely discretionary in future years ; therefore , amounts related to these plans are not included in the preceding table . financial instruments the company enters into foreign exchange forward contracts , options and swaps to hedge against the effect of exchange rate fluctuations on cash flows denominated in foreign currencies and certain intercompany financing transactions . the company manages interest rate risks using a mix of fixed and floating rate debt . to help manage borrowing costs , the company may enter into interest rate swaps . under these arrangements , the company agrees to exchange , at specified intervals , the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount . the company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts. .\nQuestion: as of december 31, 2015, what percentage did the total interest on long-term debt represent in relation to the total contractual cash obligations?\nAnswer: 0.15208\nQuestion: and what was the total of the floating rate notes included in those long-term debt payments due in 2016?\n" }, { "role": "agent", "content": "126.0" } ]
CONVFINQA913	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nis expected to begin by late-2018 , after the necessary information technology infrastructure is in place . entergy louisiana proposed to recover the cost of ami through the implementation of a customer charge , net of certain benefits , phased in over the period 2019 through 2022 . the parties reached an uncontested stipulation permitting implementation of entergy louisiana 2019s proposed ami system , with modifications to the proposed customer charge . in july 2017 the lpsc approved the stipulation . entergy louisiana expects to recover the undepreciated balance of its existing meters through a regulatory asset at current depreciation rates . sources of capital entergy louisiana 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred membership interest issuances ; and 2022 bank financing under new or existing facilities . entergy louisiana may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest rates are favorable . all debt and common and preferred membership interest issuances by entergy louisiana require prior regulatory approval . preferred membership interest and debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . entergy louisiana has sufficient capacity under these tests to meet its foreseeable capital needs . entergy louisiana 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 11173</td><td>$ 22503</td><td>$ 6154</td><td>$ 2815</td></tr></table> see note 4 to the financial statements for a description of the money pool . entergy louisiana has a credit facility in the amount of $ 350 million scheduled to expire in august 2022 . the credit facility allows entergy louisiana to issue letters of credit against $ 15 million of the borrowing capacity of the facility . as of december 31 , 2017 , there were no cash borrowings and a $ 9.1 million letter of credit outstanding under the credit facility . in addition , entergy louisiana is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso . a0 as of december 31 , 2017 , a $ 29.7 million letter of credit was outstanding under entergy louisiana 2019s uncommitted letter of credit a0facility . see note 4 to the financial statements for additional discussion of the credit facilities . the entergy louisiana nuclear fuel company variable interest entities have two separate credit facilities , one in the amount of $ 105 million and one in the amount of $ 85 million , both scheduled to expire in may 2019 . as of december 31 , 2017 , $ 65.7 million of loans were outstanding under the credit facility for the entergy louisiana river bend nuclear fuel company variable interest entity . as of december 31 , 2017 , $ 43.5 million in letters of credit to support a like amount of commercial paper issued and $ 36.4 million in loans were outstanding under the entergy louisiana waterford nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for additional discussion of the nuclear fuel company variable interest entity credit facilities . entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis .\nQuestion: what is the sum of receivables from the money pool in 2016 and 2017?\n" }, { "role": "agent", "content": "33676.0" } ]
CONVFINQA8692	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsources of liquidity primary sources of liquidity for citigroup and its principal subsidiaries include : 2022 deposits ; 2022 collateralized financing transactions ; 2022 senior and subordinated debt ; 2022 commercial paper ; 2022 trust preferred and preferred securities ; and 2022 purchased/wholesale funds . citigroup 2019s funding sources are diversified across funding types and geography , a benefit of its global franchise . funding for citigroup and its major operating subsidiaries includes a geographically diverse retail and corporate deposit base of $ 774.2 billion . these deposits are diversified across products and regions , with approximately two-thirds of them outside of the u.s . this diversification provides the company with an important , stable and low-cost source of funding . a significant portion of these deposits has been , and is expected to be , long-term and stable , and are considered to be core . there are qualitative as well as quantitative assessments that determine the company 2019s calculation of core deposits . the first step in this process is a qualitative assessment of the deposits . for example , as a result of the company 2019s qualitative analysis certain deposits with wholesale funding characteristics are excluded from consideration as core . deposits that qualify under the company 2019s qualitative assessments are then subjected to quantitative analysis . excluding the impact of changes in foreign exchange rates and the sale of our retail banking operations in germany during the year ending december 31 , 2008 , the company 2019s deposit base remained stable . on a volume basis , deposit increases were noted in transaction services , u.s . retail banking and smith barney . this was partially offset by the company 2019s decision to reduce deposits considered wholesale funding , consistent with the company 2019s de-leveraging efforts , and declines in international consumer banking and the private bank . citigroup and its subsidiaries have historically had a significant presence in the global capital markets . the company 2019s capital markets funding activities have been primarily undertaken by two legal entities : ( i ) citigroup inc. , which issues long-term debt , medium-term notes , trust preferred securities , and preferred and common stock ; and ( ii ) citigroup funding inc . ( cfi ) , a first-tier subsidiary of citigroup , which issues commercial paper , medium-term notes and structured equity-linked and credit-linked notes , all of which are guaranteed by citigroup . other significant elements of long- term debt on the consolidated balance sheet include collateralized advances from the federal home loan bank system , long-term debt related to the consolidation of icg 2019s structured investment vehicles , asset-backed outstandings , and certain borrowings of foreign subsidiaries . each of citigroup 2019s major operating subsidiaries finances its operations on a basis consistent with its capitalization , regulatory structure and the environment in which it operates . particular attention is paid to those businesses that for tax , sovereign risk , or regulatory reasons cannot be freely and readily funded in the international markets . citigroup 2019s borrowings have historically been diversified by geography , investor , instrument and currency . decisions regarding the ultimate currency and interest rate profile of liquidity generated through these borrowings can be separated from the actual issuance through the use of derivative instruments . citigroup is a provider of liquidity facilities to the commercial paper programs of the two primary credit card securitization trusts with which it transacts . citigroup may also provide other types of support to the trusts . as a result of the recent economic downturn , its impact on the cashflows of the trusts , and in response to credit rating agency reviews of the trusts , the company increased the credit enhancement in the omni trust , and plans to provide additional enhancement to the master trust ( see note 23 to consolidated financial statements on page 175 for a further discussion ) . this support preserves investor sponsorship of our card securitization franchise , an important source of liquidity . banking subsidiaries there are various legal limitations on the ability of citigroup 2019s subsidiary depository institutions to extend credit , pay dividends or otherwise supply funds to citigroup and its non-bank subsidiaries . the approval of the office of the comptroller of the currency , in the case of national banks , or the office of thrift supervision , in the case of federal savings banks , is required if total dividends declared in any calendar year exceed amounts specified by the applicable agency 2019s regulations . state-chartered depository institutions are subject to dividend limitations imposed by applicable state law . in determining the declaration of dividends , each depository institution must also consider its effect on applicable risk-based capital and leverage ratio requirements , as well as policy statements of the federal regulatory agencies that indicate that banking organizations should generally pay dividends out of current operating earnings . non-banking subsidiaries citigroup also receives dividends from its non-bank subsidiaries . these non-bank subsidiaries are generally not subject to regulatory restrictions on dividends . however , as discussed in 201ccapital resources and liquidity 201d on page 94 , the ability of cgmhi to declare dividends can be restricted by capital considerations of its broker-dealer subsidiaries . cgmhi 2019s consolidated balance sheet is liquid , with the vast majority of its assets consisting of marketable securities and collateralized short-term financing agreements arising from securities transactions . cgmhi monitors and evaluates the adequacy of its capital and borrowing base on a daily basis to maintain liquidity and to ensure that its capital base supports the regulatory capital requirements of its subsidiaries . some of citigroup 2019s non-bank subsidiaries , including cgmhi , have credit facilities with citigroup 2019s subsidiary depository institutions , including citibank , n.a . borrowings under these facilities must be secured in accordance with section 23a of the federal reserve act . there are various legal restrictions on the extent to which a bank holding company and certain of its non-bank subsidiaries can borrow or obtain credit from citigroup 2019s subsidiary depository institutions or engage in certain other transactions with them . in general , these restrictions require that transactions be on arm 2019s length terms and be secured by designated amounts of specified collateral . see note 20 to the consolidated financial statements on page 169 . at december 31 , 2008 , long-term debt and commercial paper outstanding for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries were as follows : in billions of dollars citigroup parent company cgmhi ( 2 ) citigroup funding inc . ( 2 ) citigroup subsidiaries long-term debt $ 192.3 $ 20.6 $ 37.4 $ 109.3 ( 1 ) . <table class='wikitable'><tr><td>1</td><td>in billions of dollars</td><td>citigroup parent company</td><td>cgmhi ( 2 )</td><td>citigroup funding inc. ( 2 )</td><td>other citigroup subsidiaries</td><td>-</td></tr><tr><td>2</td><td>long-term debt</td><td>$ 192.3</td><td>$ 20.6</td><td>$ 37.4</td><td>$ 109.3</td><td>-1 ( 1 )</td></tr><tr><td>3</td><td>commercial paper</td><td>$ 2014</td><td>$ 2014</td><td>$ 28.6</td><td>$ 0.5</td><td>-</td></tr></table> ( 1 ) at december 31 , 2008 , approximately $ 67.4 billion relates to collateralized advances from the federal home loan bank . ( 2 ) citigroup inc . guarantees all of cfi 2019s debt and cgmhi 2019s publicly issued securities. .\nQuestion: what is long term debt for citigroup parent company?\nAnswer: 192.3\nQuestion: what is it for cgmhi?\nAnswer: 20.6\nQuestion: what is the sum?\n" }, { "role": "agent", "content": "212.9" } ]
CONVFINQA5921	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 loss on retirement of long-term obligations 2014loss on retirement of long-term obligations primarily includes cash paid to retire debt in excess of its carrying value , cash paid to holders of convertible notes in connection with note conversions and non-cash charges related to the write-off of deferred financing fees . loss on retirement of long-term obligations also includes gains from repurchasing or refinancing certain of the company 2019s debt obligations . earnings per common share 2014basic and diluted 2014basic income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period . diluted income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period and any dilutive common share equivalents , including unvested restricted stock , shares issuable upon exercise of stock options and warrants as determined under the treasury stock method and upon conversion of the company 2019s convertible notes , as determined under the if-converted method . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . the company 2019s matching contribution for the years ended december 31 , 2012 , 2011 and 2010 is 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions . for the years ended december 31 , 2012 , 2011 and 2010 , the company contributed approximately $ 4.4 million , $ 2.9 million and $ 1.9 million to the plan , respectively . 2 . prepaid and other current assets prepaid and other current assets consist of the following as of december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011 ( 1 )</td></tr><tr><td>2</td><td>prepaid income tax</td><td>$ 57665</td><td>$ 31384</td></tr><tr><td>3</td><td>prepaid operating ground leases</td><td>56916</td><td>49585</td></tr><tr><td>4</td><td>value added tax and other consumption tax receivables</td><td>22443</td><td>81276</td></tr><tr><td>5</td><td>prepaid assets</td><td>19037</td><td>28031</td></tr><tr><td>6</td><td>other miscellaneous current assets</td><td>66790</td><td>59997</td></tr><tr><td>7</td><td>balance as of december 31,</td><td>$ 222851</td><td>$ 250273</td></tr></table> ( 1 ) december 31 , 2011 balances have been revised to reflect purchase accounting measurement period adjustments. .\nQuestion: what was the sum of prepaid income and value added tax and other consumption tax receivables in 2011?\nAnswer: 112660.0\nQuestion: what then is the percent of tax related assets over the total balance at the end of 2011?\n" }, { "role": "agent", "content": "0.45015" } ]
CONVFINQA772	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ( continued ) detail with respect to our investment portfolio as of december 31 , 2014 and 2013 is provided in note 3 to the consolidated financial statements included under item 8 of this form 10-k . loans and leases averaged $ 15.91 billion for the year ended 2014 , up from $ 13.78 billion in 2013 . the increase was mainly related to mutual fund lending and our continued investment in senior secured bank loans . mutual fund lending and senior secured bank loans averaged approximately $ 9.12 billion and $ 1.40 billion , respectively , for the year ended december 31 , 2014 compared to $ 8.16 billion and $ 170 million for the year ended december 31 , 2013 , respectively . average loans and leases also include short- duration advances . table 13 : u.s . and non-u.s . short-duration advances years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>average u.s . short-duration advances</td><td>$ 2355</td><td>$ 2356</td><td>$ 1972</td></tr><tr><td>3</td><td>average non-u.s . short-duration advances</td><td>1512</td><td>1393</td><td>1393</td></tr><tr><td>4</td><td>average total short-duration advances</td><td>$ 3867</td><td>$ 3749</td><td>$ 3365</td></tr><tr><td>5</td><td>average short-durance advances to average loans and leases</td><td>24% ( 24 % )</td><td>27% ( 27 % )</td><td>29% ( 29 % )</td></tr></table> average u.s . short-duration advances $ 2355 $ 2356 $ 1972 average non-u.s . short-duration advances 1512 1393 1393 average total short-duration advances $ 3867 $ 3749 $ 3365 average short-durance advances to average loans and leases 24% ( 24 % ) 27% ( 27 % ) 29% ( 29 % ) the decline in proportion of the average daily short-duration advances to average loans and leases is primarily due to growth in the other segments of the loan and lease portfolio . short-duration advances provide liquidity to clients in support of their investment activities . although average short-duration advances for the year ended december 31 , 2014 increased compared to the year ended december 31 , 2013 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity . average other interest-earning assets increased to $ 15.94 billion for the year ended december 31 , 2014 from $ 11.16 billion for the year ended december 31 , 2013 . the increased levels were primarily the result of higher levels of cash collateral provided in connection with our enhanced custody business . aggregate average interest-bearing deposits increased to $ 130.30 billion for the year ended december 31 , 2014 from $ 109.25 billion for year ended 2013 . the higher levels were primarily the result of increases in both u.s . and non-u.s . transaction accounts and time deposits . future transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s . and non-u.s . interest rates . average other short-term borrowings increased to $ 4.18 billion for the year ended december 31 , 2014 from $ 3.79 billion for the year ended 2013 . the increase was the result of a higher level of client demand for our commercial paper . the decline in rates paid from 1.6% ( 1.6 % ) in 2013 to 0.1% ( 0.1 % ) in 2014 resulted from a reclassification of certain derivative contracts that hedge our interest-rate risk on certain assets and liabilities , which reduced interest revenue and interest expense . average long-term debt increased to $ 9.31 billion for the year ended december 31 , 2014 from $ 8.42 billion for the year ended december 31 , 2013 . the increase primarily reflected the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , $ 1.0 billion of senior debt issued in november 2013 , and $ 1.0 billion of senior debt issued in december 2014 . this is partially offset by the maturities of $ 500 million of senior debt in may 2014 and $ 250 million of senior debt in march 2014 . average other interest-bearing liabilities increased to $ 7.35 billion for the year ended december 31 , 2014 from $ 6.46 billion for the year ended december 31 , 2013 , primarily the result of higher levels of cash collateral received from clients in connection with our enhanced custody business . several factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s . and non-u.s . interest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured . based on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay-downs and maturities of investment securities in highly-rated securities , such as u.s . treasury and agency securities , municipal securities , federal agency mortgage-backed securities and u.s . and non-u.s . mortgage- and asset-backed securities . the pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time . we expect these factors and the levels of global interest rates to influence what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. .\nQuestion: what was the average long-term debt in 2014, in billions?\nAnswer: 9.31\nQuestion: and what was it in 2013, also in billions?\nAnswer: 8.42\nQuestion: by how much, then, did it increase over the year, in billions?\nAnswer: 0.89\nQuestion: and what is that in millions?\nAnswer: 890.0\nQuestion: in that same period, what was the variation in the average total short-duration advances?\nAnswer: 118.0\nQuestion: and what is this variation as a percent of those advances in 2013?\n" }, { "role": "agent", "content": "0.03148" } ]
CONVFINQA9989	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nanalog devices , inc . notes to consolidated financial statements 2014 ( continued ) a summary of the company 2019s restricted stock unit award activity as of october 31 , 2015 and changes during the fiscal year then ended is presented below : restricted stock units outstanding ( in thousands ) weighted- average grant- date fair value per share . <table class='wikitable'><tr><td>1</td><td>-</td><td>restrictedstock unitsoutstanding ( in thousands )</td><td>weighted-average grant-date fair valueper share</td></tr><tr><td>2</td><td>restricted stock units outstanding at november 1 2014</td><td>3188</td><td>$ 43.46</td></tr><tr><td>3</td><td>units granted</td><td>818</td><td>$ 52.25</td></tr><tr><td>4</td><td>restrictions lapsed</td><td>-1151 ( 1151 )</td><td>$ 39.72</td></tr><tr><td>5</td><td>forfeited</td><td>-157 ( 157 )</td><td>$ 45.80</td></tr><tr><td>6</td><td>restricted stock units outstanding at october 31 2015</td><td>2698</td><td>$ 47.59</td></tr></table> as of october 31 , 2015 , there was $ 108.8 million of total unrecognized compensation cost related to unvested share- based awards comprised of stock options and restricted stock units . that cost is expected to be recognized over a weighted- average period of 1.3 years . the total grant-date fair value of shares that vested during fiscal 2015 , 2014 and 2013 was approximately $ 65.6 million , $ 57.4 million and $ 63.9 million , respectively . common stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 . in the aggregate , the board of directors have authorized the company to repurchase $ 5.6 billion of the company 2019s common stock under the program . under the program , the company may repurchase outstanding shares of its common stock from time to time in the open market and through privately negotiated transactions . unless terminated earlier by resolution of the company 2019s board of directors , the repurchase program will expire when the company has repurchased all shares authorized under the program . as of october 31 , 2015 , the company had repurchased a total of approximately 140.7 million shares of its common stock for approximately $ 5.0 billion under this program . an additional $ 544.5 million remains available for repurchase of shares under the current authorized program . the repurchased shares are held as authorized but unissued shares of common stock . the company also , from time to time , repurchases shares in settlement of employee minimum tax withholding obligations due upon the vesting of restricted stock units or the exercise of stock options . the withholding amount is based on the employees minimum statutory withholding requirement . any future common stock repurchases will be dependent upon several factors , including the company's financial performance , outlook , liquidity and the amount of cash the company has available in the united states . preferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding . the board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance . 4 . industry , segment and geographic information the company operates and tracks its results in one reportable segment based on the aggregation of six operating segments . the company designs , develops , manufactures and markets a broad range of integrated circuits ( ics ) . the chief executive officer has been identified as the company's chief operating decision maker . the company has determined that all of the company's operating segments share the following similar economic characteristics , and therefore meet the criteria established for operating segments to be aggregated into one reportable segment , namely : 2022 the primary source of revenue for each operating segment is the sale of integrated circuits . 2022 the integrated circuits sold by each of the company's operating segments are manufactured using similar semiconductor manufacturing processes and raw materials in either the company 2019s own production facilities or by third-party wafer fabricators using proprietary processes . 2022 the company sells its products to tens of thousands of customers worldwide . many of these customers use products spanning all operating segments in a wide range of applications . 2022 the integrated circuits marketed by each of the company's operating segments are sold globally through a direct sales force , third-party distributors , independent sales representatives and via our website to the same types of customers . all of the company's operating segments share a similar long-term financial model as they have similar economic characteristics . the causes for variation in operating and financial performance are the same among the company's operating segments and include factors such as ( i ) life cycle and price and cost fluctuations , ( ii ) number of competitors , ( iii ) product .\nQuestion: what was the number of restricted stock units outstanding on november 1, 2014?\nAnswer: 3188.0\nQuestion: what was the price per share?\nAnswer: 43.46\nQuestion: what is the total value of restricted stock units outstanding at the end of 2014?\nAnswer: 138550.48\nQuestion: what was the total value of the restricted stock units at the end of 2015?\n" }, { "role": "agent", "content": "128397.82" } ]
CONVFINQA3892	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontractual obligations the following table summarizes our significant contractual obligations as of december 28 , 2013: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>payments due by period total</td><td>payments due by period less than1 year</td><td>payments due by period 1 20133 years</td><td>payments due by period 3 20135 years</td><td>payments due by period more than5 years</td></tr><tr><td>2</td><td>operating lease obligations</td><td>$ 870</td><td>$ 208</td><td>$ 298</td><td>$ 166</td><td>$ 198</td></tr><tr><td>3</td><td>capital purchase obligations1</td><td>5503</td><td>5375</td><td>125</td><td>2014</td><td>3</td></tr><tr><td>4</td><td>other purchase obligations and commitments2</td><td>1859</td><td>772</td><td>744</td><td>307</td><td>36</td></tr><tr><td>5</td><td>long-term debt obligations3</td><td>22372</td><td>429</td><td>2360</td><td>3761</td><td>15822</td></tr><tr><td>6</td><td>other long-term liabilities4 5</td><td>1496</td><td>569</td><td>663</td><td>144</td><td>120</td></tr><tr><td>7</td><td>total6</td><td>$ 32100</td><td>$ 7353</td><td>$ 4190</td><td>$ 4378</td><td>$ 16179</td></tr></table> capital purchase obligations1 5503 5375 125 2014 3 other purchase obligations and commitments2 1859 772 744 307 36 long-term debt obligations3 22372 429 2360 3761 15822 other long-term liabilities4 , 5 1496 569 663 144 120 total6 $ 32100 $ 7353 $ 4190 $ 4378 $ 16179 1 capital purchase obligations represent commitments for the construction or purchase of property , plant and equipment . they were not recorded as liabilities on our consolidated balance sheets as of december 28 , 2013 , as we had not yet received the related goods or taken title to the property . 2 other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services , as well as payments due under non-contingent funding obligations . funding obligations include agreements to fund various projects with other companies . 3 amounts represent principal and interest cash payments over the life of the debt obligations , including anticipated interest payments that are not recorded on our consolidated balance sheets . any future settlement of convertible debt would impact our cash payments . 4 we are unable to reliably estimate the timing of future payments related to uncertain tax positions ; therefore , $ 188 million of long-term income taxes payable has been excluded from the preceding table . however , long- term income taxes payable , recorded on our consolidated balance sheets , included these uncertain tax positions , reduced by the associated federal deduction for state taxes and u.s . tax credits arising from non- u.s . income taxes . 5 amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets , including the short-term portion of these long-term liabilities . expected required contributions to our u.s . and non-u.s . pension plans and other postretirement benefit plans of $ 62 million to be made during 2014 are also included ; however , funding projections beyond 2014 are not practicable to estimate . 6 total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities except for the short-term portions of long-term debt obligations and other long-term liabilities . contractual obligations for purchases of goods or services , included in other purchase obligations and commitments in the preceding table , include agreements that are enforceable and legally binding on intel and that specify all significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . for obligations with cancellation provisions , the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee . we have entered into certain agreements for the purchase of raw materials that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements . due to the uncertainty of the future market and our future purchasing requirements , as well as the non-binding nature of these agreements , obligations under these agreements are not included in the preceding table . our purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons . in addition , some of our purchase orders represent authorizations to purchase rather than binding agreements . table of contents management 2019s discussion and analysis of financial condition and results of operations ( continued ) .\nQuestion: as of december 28, 2013, what was the amount of the long-term debt obligations?\nAnswer: 22372.0\nQuestion: and what was the total of the contractual obligations?\n" }, { "role": "agent", "content": "32100.0" } ]
CONVFINQA3698	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 details the impairment charge resulting from our review ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended may 31 2009</td></tr><tr><td>2</td><td>goodwill</td><td>$ 136800</td></tr><tr><td>3</td><td>trademark</td><td>10000</td></tr><tr><td>4</td><td>other long-lived assets</td><td>864</td></tr><tr><td>5</td><td>total</td><td>$ 147664</td></tr></table> net income attributable to noncontrolling interests , net of tax noncontrolling interest , net of tax increased $ 28.9 million from $ 8.1 million fiscal 2008 . the increase was primarily related to our acquisition of a 51% ( 51 % ) majority interest in hsbc merchant services , llp on june 30 , net income attributable to global payments and diluted earnings per share during fiscal 2009 we reported net income of $ 37.2 million ( $ 0.46 diluted earnings per share ) . liquidity and capital resources a significant portion of our liquidity comes from operating cash flows , which are generally sufficient to fund operations , planned capital expenditures , debt service and various strategic investments in our business . cash flow from operations is used to make planned capital investments in our business , to pursue acquisitions that meet our corporate objectives , to pay dividends , and to pay off debt and repurchase our shares at the discretion of our board of directors . accumulated cash balances are invested in high-quality and marketable short term instruments . our capital plan objectives are to support the company 2019s operational needs and strategic plan for long term growth while maintaining a low cost of capital . lines of credit are used in certain of our markets to fund settlement and as a source of working capital and , along with other bank financing , to fund acquisitions . we regularly evaluate our liquidity and capital position relative to cash requirements , and we may elect to raise additional funds in the future , either through the issuance of debt , equity or otherwise . at may 31 , 2010 , we had cash and cash equivalents totaling $ 769.9 million . of this amount , we consider $ 268.1 million to be available cash , which generally excludes settlement related and merchant reserve cash balances . settlement related cash balances represent surplus funds that we hold on behalf of our member sponsors when the incoming amount from the card networks precedes the member sponsors 2019 funding obligation to the merchant . merchant reserve cash balances represent funds collected from our merchants that serve as collateral ( 201cmerchant reserves 201d ) to minimize contingent liabilities associated with any losses that may occur under the merchant agreement . at may 31 , 2010 , our cash and cash equivalents included $ 199.4 million related to merchant reserves . while this cash is not restricted in its use , we believe that designating this cash to collateralize merchant reserves strengthens our fiduciary standing with our member sponsors and is in accordance with the guidelines set by the card networks . see cash and cash equivalents and settlement processing assets and obligations under note 1 in the notes to the consolidated financial statements for additional details . net cash provided by operating activities increased $ 82.8 million to $ 465.8 million for fiscal 2010 from the prior year . income from continuing operations increased $ 16.0 million and we had cash provided by changes in working capital of $ 60.2 million . the working capital change was primarily due to the change in net settlement processing assets and obligations of $ 80.3 million and the change in accounts receivable of $ 13.4 million , partially offset by the change .\nQuestion: what was the change in the net cash provided by operating activities from 2009 to 2010?\nAnswer: 383.0\nQuestion: and how much does this change represent in relation to that net cash in 2009, in percentage?\n" }, { "role": "agent", "content": "0.21619" } ]
CONVFINQA10255	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nalthough many clients use both active and passive strategies , the application of these strategies differs greatly . for example , clients may use index products to gain exposure to a market or asset class pending reallocation to an active manager . this has the effect of increasing turnover of index aum . in addition , institutional non-etp index assignments tend to be very large ( multi- billion dollars ) and typically reflect low fee rates . this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings . equity year-end 2012 equity aum of $ 1.845 trillion increased by $ 285.4 billion , or 18% ( 18 % ) , from the end of 2011 , largely due to flows into regional , country-specific and global mandates and the effect of higher market valuations . equity aum growth included $ 54.0 billion in net new business and $ 3.6 billion in new assets related to the acquisition of claymore . net new business of $ 54.0 billion was driven by net inflows of $ 53.0 billion and $ 19.1 billion into ishares and non-etp index accounts , respectively . passive inflows were offset by active net outflows of $ 18.1 billion , with net outflows of $ 10.0 billion and $ 8.1 billion from fundamental and scientific active equity products , respectively . passive strategies represented 84% ( 84 % ) of equity aum with the remaining 16% ( 16 % ) in active mandates . institutional investors represented 62% ( 62 % ) of equity aum , while ishares , and retail and hnw represented 29% ( 29 % ) and 9% ( 9 % ) , respectively . at year-end 2012 , 63% ( 63 % ) of equity aum was managed for clients in the americas ( defined as the united states , caribbean , canada , latin america and iberia ) compared with 28% ( 28 % ) and 9% ( 9 % ) managed for clients in emea and asia-pacific , respectively . blackrock 2019s effective fee rates fluctuate due to changes in aum mix . approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than similar u.s . equity strategies . accordingly , fluctuations in international equity markets , which do not consistently move in tandem with u.s . markets , may have a greater impact on blackrock 2019s effective equity fee rates and revenues . fixed income fixed income aum ended 2012 at $ 1.259 trillion , rising $ 11.6 billion , or 1% ( 1 % ) , relative to december 31 , 2011 . growth in aum reflected $ 43.3 billion in net new business , excluding the two large previously mentioned low-fee outflows , $ 75.4 billion in market and foreign exchange gains and $ 3.0 billion in new assets related to claymore . net new business was led by flows into domestic specialty and global bond mandates , with net inflows of $ 28.8 billion , $ 13.6 billion and $ 3.1 billion into ishares , non-etp index and model-based products , respectively , partially offset by net outflows of $ 2.2 billion from fundamental strategies . fixed income aum was split between passive and active strategies with 48% ( 48 % ) and 52% ( 52 % ) , respectively . institutional investors represented 74% ( 74 % ) of fixed income aum while ishares and retail and hnw represented 15% ( 15 % ) and 11% ( 11 % ) , respectively . at year-end 2012 , 59% ( 59 % ) of fixed income aum was managed for clients in the americas compared with 33% ( 33 % ) and 8% ( 8 % ) managed for clients in emea and asia- pacific , respectively . multi-asset class component changes in multi-asset class 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>asset allocation</td><td>$ 126067</td><td>$ 1575</td><td>$ 78</td><td>$ 12440</td><td>$ 140160</td></tr><tr><td>3</td><td>target date/risk</td><td>49063</td><td>14526</td><td>2014</td><td>6295</td><td>69884</td></tr><tr><td>4</td><td>fiduciary</td><td>50040</td><td>-284 ( 284 )</td><td>2014</td><td>7948</td><td>57704</td></tr><tr><td>5</td><td>multi-asset</td><td>$ 225170</td><td>$ 15817</td><td>$ 78</td><td>$ 26683</td><td>$ 267748</td></tr></table> multi-asset class aum totaled $ 267.7 billion at year-end 2012 , up 19% ( 19 % ) , or $ 42.6 billion , reflecting $ 15.8 billion in net new business and $ 26.7 billion in portfolio valuation gains . blackrock 2019s multi-asset class team manages a variety of bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , currencies , bonds and commodities , and our extensive risk management capabilities . investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays . at december 31 , 2012 , institutional investors represented 66% ( 66 % ) of multi-asset class aum , while retail and hnw accounted for the remaining aum . additionally , 58% ( 58 % ) of multi-asset class aum is managed for clients based in the americas with 37% ( 37 % ) and 5% ( 5 % ) managed for clients in emea and asia-pacific , respectively . flows reflected ongoing institutional demand for our advice in an increasingly .\nQuestion: what was the multi-asset value in 2012?\nAnswer: 267748.0\nQuestion: what was the value in 2011?\nAnswer: 225170.0\nQuestion: what is the net change in value?\n" }, { "role": "agent", "content": "42578.0" } ]
CONVFINQA1739	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ninterest rate derivatives . in connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate . in december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract . to mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms . collateral was maintained in the form of cash and adjusted on a daily basis . in february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 . the swap was highly effective . foreign currency derivatives . in connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s . dollar and the brazilian real ( brl ) beyond the option 2019s exercise price . lehman brothers special financing inc . ( lbsf ) was the sole counterparty to this option contract . on september 15 , 2008 , lehman brothers holdings inc . ( lehman ) filed for protection under chapter 11 of the united states bankruptcy code . the bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf . in march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings . 21 . capital stock shares outstanding . the following table presents information regarding capital stock: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2010</td><td>december 31 , 2009</td></tr><tr><td>2</td><td>shares authorized</td><td>1000000</td><td>1000000</td></tr><tr><td>3</td><td>class a common stock</td><td>66847</td><td>66511</td></tr><tr><td>4</td><td>class b-1 common stock</td><td>0.6</td><td>0.6</td></tr><tr><td>5</td><td>class b-2 common stock</td><td>0.8</td><td>0.8</td></tr><tr><td>6</td><td>class b-3 common stock</td><td>1.3</td><td>1.3</td></tr><tr><td>7</td><td>class b-4 common stock</td><td>0.4</td><td>0.4</td></tr></table> cme group has no shares of preferred stock issued and outstanding . associated trading rights . members of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents . each class of cme group class b common stock is associated with a membership in a specific division for trading at cme . a cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group . the class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below . trading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex . members of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships . the company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .\nQuestion: what was the price of class a common stock as of 12/31/10?\nAnswer: 66847.0\nQuestion: and in 2009?\n" }, { "role": "agent", "content": "66511.0" } ]
CONVFINQA973	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\njpmorgan chase & co./2016 annual report 49 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . cib 2019s markets businesses represent both fixed income markets and equity markets . the data presented below are non-gaap financial measures due to the exclusion of net interest income from cib 2019s markets businesses ( 201ccib markets 201d ) . management believes this exclusion provides investors and analysts with another measure by which to analyze the non- markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . year ended december 31 , ( in millions , except rates ) 2016 2015 2014 net interest income 2013 managed basis ( a ) ( b ) $ 47292 $ 44620 $ 44619 less : cib markets net interest income ( c ) 6334 5298 6032 net interest income excluding cib markets ( a ) $ 40958 $ 39322 $ 38587 average interest-earning assets $ 2101604 $ 2088242 $ 2049093 less : average cib markets interest-earning assets ( c ) 520307 510292 522989 average interest-earning assets excluding cib markets $ 1581297 $ 1577950 $ 1526104 net interest yield on average interest-earning assets 2013 managed basis 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) 2.18% ( 2.18 % ) net interest yield on average cib markets interest- earning assets ( c ) 1.22 1.04 1.15 net interest yield on average interest-earning assets excluding cib markets 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) 2.53% ( 2.53 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 48 . ( c ) prior period amounts were revised to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 61 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions except rates )</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>net interest income 2013 managed basis ( a ) ( b )</td><td>$ 47292</td><td>$ 44620</td><td>$ 44619</td></tr><tr><td>3</td><td>less : cib markets net interest income ( c )</td><td>6334</td><td>5298</td><td>6032</td></tr><tr><td>4</td><td>net interest income excluding cib markets ( a )</td><td>$ 40958</td><td>$ 39322</td><td>$ 38587</td></tr><tr><td>5</td><td>average interest-earning assets</td><td>$ 2101604</td><td>$ 2088242</td><td>$ 2049093</td></tr><tr><td>6</td><td>less : average cib markets interest-earning assets ( c )</td><td>520307</td><td>510292</td><td>522989</td></tr><tr><td>7</td><td>average interest-earning assets excluding cib markets</td><td>$ 1581297</td><td>$ 1577950</td><td>$ 1526104</td></tr><tr><td>8</td><td>net interest yield on average interest-earning assets 2013 managed basis</td><td>2.25% ( 2.25 % )</td><td>2.14% ( 2.14 % )</td><td>2.18% ( 2.18 % )</td></tr><tr><td>9</td><td>net interest yield on average cib markets interest-earning assets ( c )</td><td>1.22</td><td>1.04</td><td>1.15</td></tr><tr><td>10</td><td>net interest yield on average interest-earning assets excluding cib markets</td><td>2.59% ( 2.59 % )</td><td>2.49% ( 2.49 % )</td><td>2.53% ( 2.53 % )</td></tr></table> jpmorgan chase & co./2016 annual report 49 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . cib 2019s markets businesses represent both fixed income markets and equity markets . the data presented below are non-gaap financial measures due to the exclusion of net interest income from cib 2019s markets businesses ( 201ccib markets 201d ) . management believes this exclusion provides investors and analysts with another measure by which to analyze the non- markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . year ended december 31 , ( in millions , except rates ) 2016 2015 2014 net interest income 2013 managed basis ( a ) ( b ) $ 47292 $ 44620 $ 44619 less : cib markets net interest income ( c ) 6334 5298 6032 net interest income excluding cib markets ( a ) $ 40958 $ 39322 $ 38587 average interest-earning assets $ 2101604 $ 2088242 $ 2049093 less : average cib markets interest-earning assets ( c ) 520307 510292 522989 average interest-earning assets excluding cib markets $ 1581297 $ 1577950 $ 1526104 net interest yield on average interest-earning assets 2013 managed basis 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) 2.18% ( 2.18 % ) net interest yield on average cib markets interest- earning assets ( c ) 1.22 1.04 1.15 net interest yield on average interest-earning assets excluding cib markets 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) 2.53% ( 2.53 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 48 . ( c ) prior period amounts were revised to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 61 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .\nQuestion: as of 2016, what percentage did the the cib markets net interest income represent in relation to the total net interest income 2013 managed basis?i\nAnswer: 0.13393\nQuestion: in that same year, what were the average interest-earning assets, in millions?\n" }, { "role": "agent", "content": "2101604.0" } ]
CONVFINQA5970	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nother long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 27000</td></tr><tr><td>2</td><td>2019</td><td>63000</td></tr><tr><td>3</td><td>2020</td><td>25000</td></tr><tr><td>4</td><td>2021</td><td>86250</td></tr><tr><td>5</td><td>2022</td><td>2014</td></tr><tr><td>6</td><td>2023 and thereafter</td><td>600000</td></tr><tr><td>7</td><td>total scheduled maturities of long term debt</td><td>$ 801250</td></tr><tr><td>8</td><td>current maturities of long term debt</td><td>$ 27000</td></tr></table> interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 7 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .\nQuestion: what was the interest expense net in 2017?\nAnswer: 34.5\nQuestion: and what was it in 2016?\nAnswer: 26.4\nQuestion: what was, then, the change over the year?\n" }, { "role": "agent", "content": "8.1" } ]
CONVFINQA9693	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nother long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 27000</td></tr><tr><td>2</td><td>2019</td><td>63000</td></tr><tr><td>3</td><td>2020</td><td>25000</td></tr><tr><td>4</td><td>2021</td><td>86250</td></tr><tr><td>5</td><td>2022</td><td>2014</td></tr><tr><td>6</td><td>2023 and thereafter</td><td>600000</td></tr><tr><td>7</td><td>total scheduled maturities of long term debt</td><td>$ 801250</td></tr><tr><td>8</td><td>current maturities of long term debt</td><td>$ 27000</td></tr></table> interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 7 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .\nQuestion: what is the outstanding balance on the loan in 2017?\nAnswer: 42.0\nQuestion: what about in 2016?\nAnswer: 40.0\nQuestion: what is the change in the balance of outstanding loans?\nAnswer: 2.0\nQuestion: what is the outstanding balance on the loan in 2016?\nAnswer: 40.0\nQuestion: what percentage increase does this represent?\n" }, { "role": "agent", "content": "0.05" } ]
CONVFINQA923	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n56 / 57 management 2019s discussion and analysis of financial condition and results of operations junior subordinate deferrable interest debentures in june 2005 , we issued $ 100.0 a0million of trust preferred securities , which are reflected on the balance sheet as junior subordinate deferrable interest debentures . the proceeds were used to repay our revolving credit facility . the $ 100.0 a0million of junior subordi- nate deferrable interest debentures have a 30-year term ending july 2035 . they bear interest at a fixed rate of 5.61% ( 5.61 % ) for the first 10 years ending july 2015 . thereafter , the rate will float at three month libor plus 1.25% ( 1.25 % ) . the securities are redeemable at par . restrictive covenants the terms of the 2011 revolving credit facility and certain of our senior unsecured notes include certain restrictions and covenants which may limit , among other things , our ability to pay dividends ( as discussed below ) , make certain types of investments , incur additional indebtedness , incur liens and enter into negative pledge agreements and the disposition of assets , and which require compliance with financial ratios including our minimum tangible net worth , a maximum ratio of total indebtedness to total asset value , a minimum ratio of ebitda to fixed charges and a maximum ratio of unsecured indebtedness to unencumbered asset value . the dividend restriction referred to above provides that we will not during any time when we are in default , make distributions with respect to common stock or other equity interests , except to enable us to continue to qualify as a reit for federal income tax purposes . as of december a031 , 2011 and 2010 , we were in compli- ance with all such covenants . market rate risk we are exposed to changes in interest rates primarily from our floating rate borrowing arrangements . we use interest rate deriv- ative instruments to manage exposure to interest rate changes . a a0hypothetical 100 a0basis point increase in interest rates along the entire interest rate curve for 2011 and 2010 , would increase our annual interest cost by approximately $ 12.3 a0million and $ 11.0 a0mil- lion and would increase our share of joint venture annual interest cost by approximately $ 4.8 a0million and $ 6.7 a0million , respectively . we recognize all derivatives on the balance sheet at fair value . derivatives that are not hedges must be adjusted to fair value through income . if a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recognized in other comprehensive income until the hedged item is recognized in earnings . the ineffective portion of a derivative 2019s change in fair value is recognized immediately in earnings . approximately $ 4.8 a0billion of our long- term debt bore interest a0at fixed rates , and therefore the fair value of these instru- ments is affected by changes in the market interest rates . the interest rate on our variable rate debt and joint venture debt as of december a031 , 2011 ranged from libor plus 150 a0basis points to libor plus 350 a0basis points . contractual obligations combined aggregate principal maturities of mortgages and other loans payable , our 2011 revolving credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as- of-right extension options , estimated interest expense ( based on weighted average interest rates for the quarter ) , and our obligations under our capital lease and ground leases , as of december a031 , 2011 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>property mortgages</td><td>$ 52443</td><td>$ 568649</td><td>$ 647776</td><td>$ 270382</td><td>$ 556400</td><td>$ 2278190</td><td>$ 4373840</td></tr><tr><td>3</td><td>revolving credit facility</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>350000</td><td>2014</td><td>350000</td></tr><tr><td>4</td><td>trust preferred securities</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>100000</td><td>100000</td></tr><tr><td>5</td><td>senior unsecured notes</td><td>119423</td><td>2014</td><td>98578</td><td>657</td><td>274804</td><td>777194</td><td>1270656</td></tr><tr><td>6</td><td>capital lease</td><td>1555</td><td>1555</td><td>1555</td><td>1592</td><td>1707</td><td>42351</td><td>50315</td></tr><tr><td>7</td><td>ground leases</td><td>33429</td><td>33429</td><td>33429</td><td>33429</td><td>33533</td><td>615450</td><td>782699</td></tr><tr><td>8</td><td>estimated interest expense</td><td>312672</td><td>309280</td><td>269286</td><td>244709</td><td>212328</td><td>470359</td><td>1818634</td></tr><tr><td>9</td><td>joint venture debt</td><td>176457</td><td>93683</td><td>123983</td><td>102476</td><td>527814</td><td>800102</td><td>1824515</td></tr><tr><td>10</td><td>total</td><td>$ 695979</td><td>$ 1006596</td><td>$ 1174607</td><td>$ 653245</td><td>$ 1956586</td><td>$ 5083646</td><td>$ 10570659</td></tr></table> .\nQuestion: what is the sum of the joint venture income costs increased over 2010 and 2011?\n" }, { "role": "agent", "content": "23.3" } ]
CONVFINQA10101	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nshareholder value award program svas are granted to officers and management and are payable in shares of our common stock . the number of shares actually issued , if any , varies depending on our stock price at the end of the three-year vesting period compared to pre-established target stock prices . we measure the fair value of the sva unit on the grant date using a monte carlo simulation model . the model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award . expected volatilities utilized in the model are based on implied volatilities from traded options on our stock , historical volatility of our stock price , and other factors . similarly , the dividend yield is based on historical experience and our estimate of future dividend yields . the risk-free interest rate is derived from the u.s . treasury yield curve in effect at the time of grant . the weighted-average fair values of the sva units granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 48.51 , $ 66.25 , and $ 48.68 , respectively , determined using the following assumptions: . <table class='wikitable'><tr><td>1</td><td>( percents )</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>expected dividend yield</td><td>2.50% ( 2.50 % )</td><td>2.50% ( 2.50 % )</td><td>2.00% ( 2.00 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>2.31</td><td>1.38</td><td>0.92</td></tr><tr><td>4</td><td>volatility</td><td>22.26</td><td>22.91</td><td>21.68</td></tr></table> pursuant to this program , approximately 0.7 million shares , 1.1 million shares , and 1.0 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively . approximately 1.0 million shares are expected to be issued in 2019 . as of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested svas was $ 55.7 million , which will be amortized over the weighted-average remaining requisite service period of 20 months . restricted stock units rsus are granted to certain employees and are payable in shares of our common stock . rsu shares are accounted for at fair value based upon the closing stock price on the date of grant . the corresponding expense is amortized over the vesting period , typically three years . the fair values of rsu awards granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 70.95 , $ 72.47 , and $ 71.46 , respectively . the number of shares ultimately issued for the rsu program remains constant with the exception of forfeitures . pursuant to this program , 1.3 million , 1.4 million , and 1.3 million shares were granted and approximately 1.0 million , 0.9 million , and 0.6 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively . approximately 0.8 million shares are expected to be issued in 2019 . as of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested rsus was $ 112.2 million , which will be amortized over the weighted- average remaining requisite service period of 21 months . note 12 : shareholders' equity during 2018 , 2017 , and 2016 , we repurchased $ 4.15 billion , $ 359.8 million and $ 540.1 million , respectively , of shares associated with our share repurchase programs . a payment of $ 60.0 million was made in 2016 for shares repurchased in 2017 . during 2018 , we repurchased $ 2.05 billion of shares , which completed the $ 5.00 billion share repurchase program announced in october 2013 and our board authorized an $ 8.00 billion share repurchase program . there were $ 2.10 billion repurchased under the $ 8.00 billion program in 2018 . as of december 31 , 2018 , there were $ 5.90 billion of shares remaining under the 2018 program . we have 5.0 million authorized shares of preferred stock . as of december 31 , 2018 and 2017 , no preferred stock was issued . we have an employee benefit trust that held 50.0 million shares of our common stock at both december 31 , 2018 and 2017 , to provide a source of funds to assist us in meeting our obligations under various employee benefit plans . the cost basis of the shares held in the trust was $ 3.01 billion at both december 31 , 2018 and 2017 , and is shown as a reduction of shareholders 2019 equity . any dividend transactions between us and the trust are eliminated . stock held by the trust is not considered outstanding in the computation of eps . the assets of the trust were not used to fund any of our obligations under these employee benefit plans during the years ended december 31 , 2018 , 2017 , and .\nQuestion: what was the volatility in 2017?\nAnswer: 22.91\nQuestion: and what was it in 2016?\nAnswer: 21.68\nQuestion: what was, then, the change over the year?\nAnswer: 1.23\nQuestion: and how much does this change represent in relation to the 2016 volatility, in percentage?\n" }, { "role": "agent", "content": "0.05673" } ]
CONVFINQA7474	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n2018 emerson annual report \| 51 as of september 30 , 2018 , 1874750 shares awarded primarily in 2016 were outstanding , contingent on the company achieving its performance objectives through 2018 . the objectives for these shares were met at the 97 percent level at the end of 2018 and 1818508 shares will be distributed in early 2019 . additionally , the rights to receive a maximum of 2261700 and 2375313 common shares were awarded in 2018 and 2017 , respectively , under the new performance shares program , and are outstanding and contingent upon the company achieving its performance objectives through 2020 and 2019 , respectively . incentive shares plans also include restricted stock awards which involve distribution of common stock to key management employees subject to cliff vesting at the end of service periods ranging from three to ten years . the fair value of restricted stock awards is determined based on the average of the high and low market prices of the company 2019s common stock on the date of grant , with compensation expense recognized ratably over the applicable service period . in 2018 , 310000 shares of restricted stock vested as a result of participants fulfilling the applicable service requirements . consequently , 167837 shares were issued while 142163 shares were withheld for income taxes in accordance with minimum withholding requirements . as of september 30 , 2018 , there were 1276200 shares of unvested restricted stock outstanding . the total fair value of shares distributed under incentive shares plans was $ 20 , $ 245 and $ 11 , respectively , in 2018 , 2017 and 2016 , of which $ 9 , $ 101 and $ 4 was paid in cash , primarily for tax withholding . as of september 30 , 2018 , 10.3 million shares remained available for award under incentive shares plans . changes in shares outstanding but not yet earned under incentive shares plans during the year ended september 30 , 2018 follow ( shares in thousands ; assumes 100 percent payout of unvested awards ) : average grant date shares fair value per share . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares</td><td>average grant datefair value per share</td></tr><tr><td>2</td><td>beginning of year</td><td>4999</td><td>$ 50.33</td></tr><tr><td>3</td><td>granted</td><td>2295</td><td>$ 63.79</td></tr><tr><td>4</td><td>earned/vested</td><td>-310 ( 310 )</td><td>$ 51.27</td></tr><tr><td>5</td><td>canceled</td><td>-86 ( 86 )</td><td>$ 56.53</td></tr><tr><td>6</td><td>end of year</td><td>6898</td><td>$ 54.69</td></tr></table> total compensation expense for stock options and incentive shares was $ 216 , $ 115 and $ 159 for 2018 , 2017 and 2016 , respectively , of which $ 5 and $ 14 was included in discontinued operations for 2017 and 2016 , respectively . the increase in expense for 2018 reflects an increase in the company 2019s stock price and progress toward achieving its performance objectives . the decrease in expense for 2017 reflects the impact of changes in the stock price . income tax benefits recognized in the income statement for these compensation arrangements during 2018 , 2017 and 2016 were $ 42 , $ 33 and $ 45 , respectively . as of september 30 , 2018 , total unrecognized compensation expense related to unvested shares awarded under these plans was $ 182 , which is expected to be recognized over a weighted-average period of 1.1 years . in addition to the employee stock option and incentive shares plans , in 2018 the company awarded 12228 shares of restricted stock and 2038 restricted stock units under the restricted stock plan for non-management directors . as of september 30 , 2018 , 159965 shares were available for issuance under this plan . ( 16 ) common and preferred stock at september 30 , 2018 , 37.0 million shares of common stock were reserved for issuance under the company 2019s stock-based compensation plans . during 2018 , 15.1 million common shares were purchased and 2.6 million treasury shares were reissued . in 2017 , 6.6 million common shares were purchased and 5.5 million treasury shares were reissued . at september 30 , 2018 and 2017 , the company had 5.4 million shares of $ 2.50 par value preferred stock authorized , with none issued. .\nQuestion: how many shares were repurchased during 2018?\nAnswer: 15.1\nQuestion: what about the number of shares reissued?\nAnswer: 2.6\nQuestion: what is the net number of shares repurchased?\n" }, { "role": "agent", "content": "12.5" } ]
CONVFINQA5579	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n18 2015 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2015 , of the market performance of the company 2019s common stock with the s&p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>127.44</td><td>148.62</td><td>205.60</td><td>263.21</td><td>290.88</td></tr><tr><td>3</td><td>peer group</td><td>100.00</td><td>136.78</td><td>148.10</td><td>174.79</td><td>239.10</td><td>301.34</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>130.69</td><td>137.81</td><td>166.20</td><td>207.10</td><td>222.47</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2010 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . companies in the peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . micros systems , inc . was removed from the peer group as it was acquired in september 2014. .\nQuestion: what was the value of the jkhy stock in 2011?\nAnswer: 127.44\nQuestion: and what was it in 2010?\nAnswer: 100.0\nQuestion: by how much, then, did it change over the year?\n" }, { "role": "agent", "content": "27.44" } ]
CONVFINQA200	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfreesheet paper were higher in russia , but lower in europe reflecting weak economic conditions and market demand . average sales price realizations for pulp decreased . lower input costs for wood and purchased fiber were partially offset by higher costs for energy , chemicals and packaging . freight costs were also higher . planned maintenance downtime costs were higher due to executing a significant once-every-ten-years maintenance outage plus the regularly scheduled 18-month outage at the saillat mill while outage costs in russia and poland were lower . manufacturing operating costs were favor- entering 2013 , sales volumes in the first quarter are expected to be seasonally weaker in russia , but about flat in europe . average sales price realizations for uncoated freesheet paper are expected to decrease in europe , but increase in russia . input costs should be higher in russia , especially for wood and energy , but be slightly lower in europe . no maintenance outages are scheduled for the first quarter . ind ian papers includes the results of andhra pradesh paper mills ( appm ) of which a 75% ( 75 % ) interest was acquired on october 14 , 2011 . net sales were $ 185 million in 2012 and $ 35 million in 2011 . operat- ing profits were a loss of $ 16 million in 2012 and a loss of $ 3 million in 2011 . asian pr int ing papers net sales were $ 85 mil- lion in 2012 , $ 75 million in 2011 and $ 80 million in 2010 . operating profits were improved from break- even in past years to $ 1 million in 2012 . u.s . pulp net sales were $ 725 million in 2012 compared with $ 725 million in 2011 and $ 715 million in 2010 . operating profits were a loss of $ 59 million in 2012 compared with gains of $ 87 million in 2011 and $ 107 million in 2010 . sales volumes in 2012 increased from 2011 primarily due to the start-up of pulp production at the franklin mill in the third quarter of 2012 . average sales price realizations were significantly lower for both fluff pulp and market pulp . input costs were lower , primarily for wood and energy . freight costs were slightly lower . mill operating costs were unfavorable primarily due to costs associated with the start-up of the franklin mill . planned maintenance downtime costs were lower . in the first quarter of 2013 , sales volumes are expected to be flat with the fourth quarter of 2012 . average sales price realizations are expected to improve reflecting the realization of sales price increases for paper and tissue pulp that were announced in the fourth quarter of 2012 . input costs should be flat . planned maintenance downtime costs should be about $ 9 million higher than in the fourth quarter of 2012 . manufacturing costs related to the franklin mill should be lower as we continue to improve operations . consumer packaging demand and pricing for consumer packaging prod- ucts correlate closely with consumer spending and general economic activity . in addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix . consumer packaging net sales in 2012 decreased 15% ( 15 % ) from 2011 and 7% ( 7 % ) from 2010 . operating profits increased 64% ( 64 % ) from 2011 and 29% ( 29 % ) from 2010 . net sales and operating profits include the shorewood business in 2011 and 2010 . exclud- ing asset impairment and other charges associated with the sale of the shorewood business , and facility closure costs , 2012 operating profits were 27% ( 27 % ) lower than in 2011 , but 23% ( 23 % ) higher than in 2010 . benefits from lower raw material costs ( $ 22 million ) , lower maintenance outage costs ( $ 5 million ) and other items ( $ 2 million ) were more than offset by lower sales price realizations and an unfavorable product mix ( $ 66 million ) , lower sales volumes and increased market-related downtime ( $ 22 million ) , and higher operating costs ( $ 40 million ) . in addition , operating profits in 2012 included a gain of $ 3 million related to the sale of the shorewood business while operating profits in 2011 included a $ 129 million fixed asset impairment charge for the north ameri- can shorewood business and $ 72 million for other charges associated with the sale of the shorewood business . consumer packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 3170</td><td>$ 3710</td><td>$ 3400</td></tr><tr><td>3</td><td>operating profit</td><td>268</td><td>163</td><td>207</td></tr></table> north american consumer packaging net sales were $ 2.0 billion in 2012 compared with $ 2.5 billion in 2011 and $ 2.4 billion in 2010 . operating profits were $ 165 million ( $ 162 million excluding a gain related to the sale of the shorewood business ) in 2012 compared with $ 35 million ( $ 236 million excluding asset impairment and other charges asso- ciated with the sale of the shorewood business ) in 2011 and $ 97 million ( $ 105 million excluding facility closure costs ) in 2010 . coated paperboard sales volumes in 2012 were lower than in 2011 reflecting weaker market demand . average sales price realizations were lower , primar- ily for folding carton board . input costs for wood increased , but were partially offset by lower costs for chemicals and energy . planned maintenance down- time costs were slightly lower . market-related down- time was about 113000 tons in 2012 compared with about 38000 tons in 2011. .\nQuestion: what was the north american consumer packaging net sales in 2011, in millions?\n" }, { "role": "agent", "content": "2500.0" } ]
CONVFINQA1312	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndecember 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>etrade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</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>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .\nQuestion: what was the value of etrade financial corp for year ended 12/07?\nAnswer: 73.05\nQuestion: what is that less an assumed $100 initial investment?\n" }, { "role": "agent", "content": "-26.95" } ]
CONVFINQA10034	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2014continued the municipal bond portfolio is comprised of tax exempt bonds and is diversified across states and sectors . the portfolio has an average credit quality of double-a . the short-term bond funds invest in fixed income securities , including corporate bonds , mortgage-backed securities and asset-backed securities . the company holds investments in ars . interest on these securities is exempt from u.s . federal income tax and the interest rate on the securities typically resets every 35 days . the securities are fully collateralized by student loans with guarantees , ranging from approximately 95% ( 95 % ) to 98% ( 98 % ) of principal and interest , by the u.s . government via the department of education . beginning on february 11 , 2008 , the auction mechanism that normally provided liquidity to the ars investments began to fail . since mid-february 2008 , all investment positions in the company 2019s ars investment portfolio have experienced failed auctions . the securities for which auctions have failed have continued to pay interest in accordance with the contractual terms of such instruments and will continue to accrue interest and be auctioned at each respective reset date until the auction succeeds , the issuer redeems the securities or they mature . during 2008 , ars were reclassified as level 3 from level 2 . as of december 31 , 2010 , the ars market remained illiquid , but issuer call and redemption activity in the ars student loan sector has occurred periodically since the auctions began to fail . during 2010 and 2009 , the company did not sell any ars in the auction market , but there were calls at par . the table below includes a roll-forward of the company 2019s ars investments from january 1 , 2009 to december 31 , 2010 . significant unobservable inputs ( level 3 ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>significant unobservable inputs ( level 3 ) ( in millions )</td></tr><tr><td>2</td><td>fair value december 31 2008</td><td>$ 192</td></tr><tr><td>3</td><td>calls at par</td><td>-28 ( 28 )</td></tr><tr><td>4</td><td>recovery of unrealized losses due to issuer calls</td><td>5</td></tr><tr><td>5</td><td>increase in fair value</td><td>11</td></tr><tr><td>6</td><td>fair value december 31 2009</td><td>180</td></tr><tr><td>7</td><td>calls at par</td><td>-94 ( 94 )</td></tr><tr><td>8</td><td>recovery of unrealized losses due to issuer calls</td><td>13</td></tr><tr><td>9</td><td>increase in fair value</td><td>7</td></tr><tr><td>10</td><td>fair value december 31 2010</td><td>$ 106</td></tr></table> the company evaluated the estimated impairment of its ars portfolio to determine if it was other-than- temporary . the company considered several factors including , but not limited to , the following : ( 1 ) the reasons for the decline in value ( changes in interest rates , credit event , or market fluctuations ) ; ( 2 ) assessments as to whether it is more likely than not that it will hold and not be required to sell the investments for a sufficient period of time to allow for recovery of the cost basis ; ( 3 ) whether the decline is substantial ; and ( 4 ) the historical and anticipated duration of the events causing the decline in value . the evaluation for other-than-temporary impairments is a quantitative and qualitative process , which is subject to various risks and uncertainties . the risks and uncertainties include changes in credit quality , market liquidity , timing and amounts of issuer calls and interest rates . as of december 31 , 2010 , the company believed that the unrealized losses on the ars were not related to credit quality but rather due to the lack of liquidity in the market . the company believes that it is more .\nQuestion: what was the difference in the fair value of significant unobservable inputs between 2008 and 2009?\n" }, { "role": "agent", "content": "-12.0" } ]
CONVFINQA2801	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\naffiliated company . the loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations . in the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc . the impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company . during 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india . cesco is accounted for as a cost method investment . in may 2000 , the company completed the acquisition of 100% ( 100 % ) of tractebel power ltd ( 2018 2018tpl 2019 2019 ) for approximately $ 67 million and assumed liabilities of approximately $ 200 million . tpl owned 46% ( 46 % ) of nigen . the company also acquired an additional 6% ( 6 % ) interest in nigen from minority stockholders during the year ended december 31 , 2000 through the issuance of approximately 99000 common shares of aes stock valued at approximately $ 4.9 million . with the completion of these transactions , the company owns approximately 98% ( 98 % ) of nigen 2019s common stock and began consolidating its financial results beginning may 12 , 2000 . approximately $ 100 million of the purchase price was allocated to excess of costs over net assets acquired and was amortized through january 1 , 2002 at which time the company adopted sfas no . 142 and ceased amortization of goodwill . in august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas limited ( 2018 2018songas 2019 2019 ) for approximately $ 40 million . the company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 . songas owns the songo songo gas-to-electricity project in tanzania . in december 2002 , the company signed a sales purchase agreement to sell songas . the sale is expected to close in early 2003 . see note 4 for further discussion of the transaction . the following table presents summarized comparative financial information ( in millions ) for the company 2019s investments in 50% ( 50 % ) or less owned investments accounted for using the equity method. . <table class='wikitable'><tr><td>1</td><td>as of and for the years ended december 31,</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>revenues</td><td>$ 2832</td><td>$ 6147</td><td>$ 6241</td></tr><tr><td>3</td><td>operating income</td><td>695</td><td>1717</td><td>1989</td></tr><tr><td>4</td><td>net income</td><td>229</td><td>650</td><td>859</td></tr><tr><td>5</td><td>current assets</td><td>1097</td><td>3700</td><td>2423</td></tr><tr><td>6</td><td>noncurrent assets</td><td>6751</td><td>14942</td><td>13080</td></tr><tr><td>7</td><td>current liabilities</td><td>1418</td><td>3510</td><td>3370</td></tr><tr><td>8</td><td>noncurrent liabilities</td><td>3349</td><td>8297</td><td>5927</td></tr><tr><td>9</td><td>stockholder's equity</td><td>3081</td><td>6835</td><td>6206</td></tr></table> in 2002 , 2001 and 2000 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 . the brazilian real devalued 32% ( 32 % ) , 19% ( 19 % ) and 8% ( 8 % ) for the years ended december 31 , 2002 , 2001 and 2000 , respectively . the company recorded $ 83 million , $ 210 million , and $ 64 million of pre-tax non-cash foreign currency transaction losses on its investments in brazilian equity method affiliates during 2002 , 2001 and 2000 , respectively. .\nQuestion: what was the value of revenues in 2002?\nAnswer: 2832.0\nQuestion: what was the value of revenues in 2001?\n" }, { "role": "agent", "content": "6147.0" } ]
CONVFINQA6855	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7 . management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe . our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis . 2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil . 2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in eg . certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward-looking statements concerning trends or events potentially affecting our business . these statements typically contain words such as 201canticipates , 201d 201cbelieves , 201d 201cestimates , 201d 201cexpects , 201d 201ctargets , 201d 201cplans , 201d 201cprojects , 201d 201ccould , 201d 201cmay , 201d 201cshould , 201d 201cwould 201d or similar words indicating that future outcomes are uncertain . in accordance with 201csafe harbor 201d provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements . for additional risk factors affecting our business , see item 1a . risk factors in this annual report on form 10-k . management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 . business , item 1a . risk factors and item 8 . financial statements and supplementary data found in this annual report on form 10-k . spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc . marathon shareholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held . fractional shares of mpc common stock were not distributed and any fractional share of mpc common stock otherwise issuable to a marathon shareholder was sold in the open market on such shareholder 2019s behalf , and such shareholder received a cash payment with respect to that fractional share . a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off . activities related to the downstream business have been treated as discontinued operations in all periods presented in this annual report on form 10-k ( see item 8 . financial statements and supplementary data 2014note 3 to the consolidated financial statements for additional information ) . overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows . prices of crude oil have been volatile in recent years . in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti . during much of 2010 , both wti and brent crude oil monthly average prices remained in the $ 75 to $ 85 per barrel range . crude oil prices reached a low of $ 33.98 in february 2009 , following global demand declines in an economic recession , but recovered quickly ending 2009 at $ 79.36 . the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 95.11</td><td>$ 79.61</td><td>$ 62.09</td></tr><tr><td>3</td><td>brent ( europe ) crude oil ( dollars per bbl )</td><td>111.26</td><td>79.51</td><td>61.49</td></tr><tr><td>4</td><td>henry hub natural gas ( dollars per mmbtu ) ( a )</td><td>$ 4.04</td><td>$ 4.39</td><td>$ 3.99</td></tr></table> wti crude oil ( dollars per bbl ) $ 95.11 $ 79.61 $ 62.09 brent ( europe ) crude oil ( dollars per bbl ) 111.26 79.51 61.49 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 4.04 $ 4.39 $ 3.99 ( a ) settlement date average . our u.s . crude oil production was approximately 58 percent sour in 2011 and 68 percent in 2010 . sour crude contains more sulfur than light sweet wti does . sour crude oil also tends to be heavier than light sweet crude oil and sells at a discount to light sweet crude oil because of higher refining costs and lower refined product values . our international crude oil production is relatively sweet and is generally sold in relation to the brent crude benchmark . the differential between wti and brent average prices widened significantly in 2011 to $ 16.15 in comparison to differentials of less than $ 1.00 in 2010 and 2009. .\nQuestion: what is the net change in the wti crude oil benchmark from 2009 to 2011?\n" }, { "role": "agent", "content": "33.02" } ]
CONVFINQA4453	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nin addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .\nQuestion: what is the net change in the balance of reinsurance receivables and premium receivables from 2012 to 2013?\nAnswer: -2106.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "-0.06579" } ]
CONVFINQA387	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nacquire operations and facilities from municipalities and other local governments , as they increasingly seek to raise capital and reduce risk . we realize synergies from consolidating businesses into our existing operations , whether through acquisitions or public-private partnerships , which allows us to reduce capital expenditures and expenses associated with truck routing , personnel , fleet maintenance , inventories and back-office administration . operating model the goal of our operating model pillar is to deliver a consistent , high-quality service to all of our customers through the republic way : one way . everywhere . every day . this approach of developing standardized processes with rigorous controls and tracking allows us to leverage our scale and deliver durable operational excellence . the republic way is the key to harnessing the best of what we do as operators and translating that across all facets of our business . a key enabler of the republic way is our organizational structure that fosters a high performance culture by maintaining 360-degree accountability and full profit and loss responsibility with local management , supported by a functional structure to provide subject matter expertise . this structure allows us to take advantage of our scale by coordinating functionally across all of our markets , while empowering local management to respond to unique market dynamics . we have rolled out several productivity and cost control initiatives designed to deliver the best service possible to our customers in the most efficient and environmentally sound way . fleet automation approximately 75% ( 75 % ) of our residential routes have been converted to automated single-driver trucks . by converting our residential routes to automated service , we reduce labor costs , improve driver productivity , decrease emissions and create a safer work environment for our employees . additionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities . fleet conversion to compressed natural gas ( cng ) approximately 19% ( 19 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is the most prudent approach to realizing the full value of our previous fleet investments . approximately 30% ( 30 % ) of our replacement vehicle purchases during 2017 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission initiatives that focus on protecting the environment . although upfront capital costs are higher , using cng reduces our overall fleet operating costs through lower fuel expenses . as of december 31 , 2017 , we operated 37 cng fueling stations . standardized maintenance based on an industry trade publication , we operate the seventh largest vocational fleet in the united states . as of december 31 , 2017 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles approximate average age . <table class='wikitable'><tr><td>1</td><td>-</td><td>approximate number of vehicles</td><td>approximate average age</td></tr><tr><td>2</td><td>residential</td><td>7200</td><td>7.5</td></tr><tr><td>3</td><td>small-container</td><td>4600</td><td>7.1</td></tr><tr><td>4</td><td>large-container</td><td>4100</td><td>8.8</td></tr><tr><td>5</td><td>total</td><td>15900</td><td>7.7</td></tr></table> .\nQuestion: as of december 31, 2017, how much did the number of vehicles for residential represent in relation to the one for large-container?\nAnswer: 1.7561\nQuestion: and what was the amount of vehicles that were converted to compressed natural gas?\n" }, { "role": "agent", "content": "3021.0" } ]
CONVFINQA2562	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nhologic , inc . notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . <table class='wikitable'><tr><td>1</td><td>fiscal years ending</td><td>amount</td></tr><tr><td>2</td><td>september 24 2005</td><td>$ 4848</td></tr><tr><td>3</td><td>september 30 2006</td><td>4672</td></tr><tr><td>4</td><td>september 29 2007</td><td>3680</td></tr><tr><td>5</td><td>september 27 2008</td><td>3237</td></tr><tr><td>6</td><td>september 26 2009</td><td>3158</td></tr><tr><td>7</td><td>thereafter</td><td>40764</td></tr><tr><td>8</td><td>total ( not reduced by minimum sublease rentals of $ 165 )</td><td>$ 60359</td></tr></table> the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income . rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively . 9 . business segments and geographic information the company reports segment information in accordance with sfas no . 131 , disclosures about segments of an enterprise and related information . operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance . the company 2019s chief decision-maker , as defined under sfas no . 131 , is the chief executive officer . to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products . as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment . the company has presented all other assets as corporate assets . prior periods have been restated to conform to this presentation . intersegment sales and transfers are not significant. .\nQuestion: what was the rental expense in 2003?\nAnswer: 4963.0\nQuestion: and what was it in 2002?\n" }, { "role": "agent", "content": "2462.0" } ]
CONVFINQA7072	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfoodservice sales volumes increased in 2012 compared with 2011 . average sales margins were higher reflecting the realization of sales price increases for the pass-through of earlier cost increases . raw material costs for board and resins were lower . operating costs and distribution costs were both higher . the u.s . shorewood business was sold december 31 , 2011 and the non-u.s . business was sold in january looking ahead to the first quarter of 2013 , coated paperboard sales volumes are expected to increase slightly from the fourth quarter of 2012 . average sales price realizations are expected to be slightly lower , but margins should benefit from a more favorable product mix . input costs are expected to be higher for energy and wood . no planned main- tenance outages are scheduled in the first quarter . in january 2013 the company announced the perma- nent shutdown of a coated paperboard machine at the augusta mill with an annual capacity of 140000 tons . foodservice sales volumes are expected to increase . average sales margins are expected to decrease due to the realization of sales price decreases effective with our january contract open- ers . input costs for board and resin are expected to be lower and operating costs are also expected to decrease . european consumer packaging net sales in 2012 were $ 380 million compared with $ 375 million in 2011 and $ 345 million in 2010 . operating profits in 2012 were $ 99 million compared with $ 93 million in 2011 and $ 76 million in 2010 . sales volumes in 2012 increased from 2011 . average sales price realizations were higher in russian markets , but were lower in european markets . input costs decreased , primarily for wood , and planned maintenance downtime costs were lower in 2012 than in 2011 . looking forward to the first quarter of 2013 , sales volumes are expected to decrease in both europe and russia . average sales price realizations are expected to be higher in russia , but be more than offset by decreases in europe . input costs are expected to increase for wood and chemicals . no maintenance outages are scheduled for the first quarter . asian consumer packaging net sales were $ 830 million in 2012 compared with $ 855 million in 2011 and $ 705 million in 2010 . operating profits in 2012 were $ 4 million compared with $ 35 million in 2011 and $ 34 million in 2010 . sales volumes increased in 2012 compared with 2011 partially due to the start-up of a new coated paperboard machine . average sales price realizations were significantly lower , but were partially offset by lower input costs for purchased pulp . start-up costs for a new coated paperboard machine adversely impacted operating profits in 2012 . in the first quarter of 2013 , sales volumes are expected to increase slightly . average sales price realizations for folding carton board and bristols board are expected to be lower reflecting increased competitive pressures and seasonally weaker market demand . input costs should be higher for pulp and chemicals . however , costs related to the ramp-up of the new coated paperboard machine should be lower . distribution xpedx , our distribution business , is one of north america 2019s leading business-to-business distributors to manufacturers , facility managers and printers , providing customized solutions that are designed to improve efficiency , reduce costs and deliver results . customer demand is generally sensitive to changes in economic conditions and consumer behavior , along with segment specific activity including corpo- rate advertising and promotional spending , government spending and domestic manufacturing activity . distribution 2019s margins are relatively stable across an economic cycle . providing customers with the best choice for value in both products and supply chain services is a key competitive factor . addition- ally , efficient customer service , cost-effective logis- tics and focused working capital management are key factors in this segment 2019s profitability . distribution . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 6040</td><td>$ 6630</td><td>$ 6735</td></tr><tr><td>3</td><td>operating profit</td><td>22</td><td>34</td><td>78</td></tr></table> distr ibut ion 2019s 2012 annual sales decreased 9% ( 9 % ) from 2011 , and decreased 10% ( 10 % ) from 2010 . operating profits in 2012 were $ 22 million ( $ 71 million exclud- ing reorganization costs ) compared with $ 34 million ( $ 86 million excluding reorganization costs ) in 2011 and $ 78 million in 2010 . annual sales of printing papers and graphic arts supplies and equipment totaled $ 3.5 billion in 2012 compared with $ 4.0 billion in 2011 and $ 4.2 billion in 2010 , reflecting declining demand and the exiting of unprofitable businesses . trade margins as a percent of sales for printing papers were relatively even with both 2011 and 2010 . revenue from packaging prod- ucts was flat at $ 1.6 billion in both 2012 and 2011 and up slightly compared to $ 1.5 billion in 2010 . pack- aging margins increased in 2012 from both 2011 and 2010 , reflecting the successful execution of strategic sourcing initiatives . facility supplies annual revenue was $ 0.9 billion in 2012 , down compared to $ 1.0 bil- lion in 2011 and 2010 . operating profits in 2012 included $ 49 million of reorganization costs for severance , professional services and asset write-downs compared with $ 52 .\nQuestion: what are the total annual sales of printing papers and graphic arts supplies and equipment in 2012, in millions?\nAnswer: 3500.0\nQuestion: what is the sales generated via distribution channel in 2012?\nAnswer: 6040.0\nQuestion: what portion of total sales is via distribution?\nAnswer: 0.57947\nQuestion: what about the total annual sales of printing papers and graphic arts supplies and equipment in 2011, in millions?\nAnswer: 4000.0\nQuestion: what portion of total sales is via distribution in 2011?\n" }, { "role": "agent", "content": "0.60332" } ]
CONVFINQA2497	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\naugusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business . consumer packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>sales</td><td>$ 2940</td><td>$ 3403</td><td>$ 3435</td></tr><tr><td>3</td><td>operating profit ( loss )</td><td>-25 ( 25 )</td><td>178</td><td>161</td></tr></table> north american consumer packaging net sales were $ 1.9 billion in 2015 compared with $ 2.0 billion in 2014 and $ 2.0 billion in 2013 . operating profits were $ 81 million ( $ 91 million excluding the cost associated with the planned conversion of our riegelwood mill to 100% ( 100 % ) pulp production , net of proceeds from the sale of the carolina coated bristols brand , and sheet plant closure costs ) in 2015 compared with $ 92 million ( $ 100 million excluding sheet plant closure costs ) in 2014 and $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 . coated paperboard sales volumes in 2015 were lower than in 2014 reflecting weaker market demand . the business took about 77000 tons of market-related downtime in 2015 compared with about 41000 tons in 2014 . average sales price realizations increased modestly year over year as competitive pressures in the current year only partially offset the impact of sales price increases implemented in 2014 . input costs decreased for energy and chemicals , but wood costs increased . planned maintenance downtime costs were $ 10 million lower in 2015 . operating costs were higher , mainly due to inflation and overhead costs . foodservice sales volumes increased in 2015 compared with 2014 reflecting strong market demand . average sales margins increased due to lower resin costs and a more favorable mix . operating costs and distribution costs were both higher . looking ahead to the first quarter of 2016 , coated paperboard sales volumes are expected to be slightly lower than in the fourth quarter of 2015 due to our exit from the coated bristols market . average sales price realizations are expected to be flat , but margins should benefit from a more favorable product mix . input costs are expected to be higher for wood , chemicals and energy . planned maintenance downtime costs should be $ 4 million higher with a planned maintenance outage scheduled at our augusta mill in the first quarter . foodservice sales volumes are expected to be seasonally lower . average sales margins are expected to improve due to a more favorable mix . operating costs are expected to decrease . european consumer packaging net sales in 2015 were $ 319 million compared with $ 365 million in 2014 and $ 380 million in 2013 . operating profits in 2015 were $ 87 million compared with $ 91 million in 2014 and $ 100 million in 2013 . sales volumes in 2015 compared with 2014 increased in europe , but decreased in russia . average sales margins improved in russia due to slightly higher average sales price realizations and a more favorable mix . in europe average sales margins decreased reflecting lower average sales price realizations and an unfavorable mix . input costs were lower in europe , primarily for wood and energy , but were higher in russia , primarily for wood . looking forward to the first quarter of 2016 , compared with the fourth quarter of 2015 , sales volumes are expected to be stable . average sales price realizations are expected to be slightly higher in both russia and europe . input costs are expected to be flat , while operating costs are expected to increase . asian consumer packaging the company sold its 55% ( 55 % ) equity share in the ip-sun jv in october 2015 . net sales and operating profits presented below include results through september 30 , 2015 . net sales were $ 682 million in 2015 compared with $ 1.0 billion in 2014 and $ 1.1 billion in 2013 . operating profits in 2015 were a loss of $ 193 million ( a loss of $ 19 million excluding goodwill and other asset impairment costs ) compared with losses of $ 5 million in 2014 and $ 2 million in 2013 . sales volumes and average sales price realizations were lower in 2015 due to over-supplied market conditions and competitive pressures . average sales margins were also negatively impacted by a less favorable mix . input costs and freight costs were lower and operating costs also decreased . on october 13 , 2015 , the company finalized the sale of its 55% ( 55 % ) interest in ip asia coated paperboard ( ip- sun jv ) business , within the company's consumer packaging segment , to its chinese coated board joint venture partner , shandong sun holding group co. , ltd . for rmb 149 million ( approximately usd $ 23 million ) . during the third quarter of 2015 , a determination was made that the current book value of the asset group exceeded its estimated fair value of $ 23 million , which was the agreed upon selling price . the 2015 loss includes the net pre-tax impairment charge of $ 174 million ( $ 113 million after taxes ) . a pre-tax charge of $ 186 million was recorded during the third quarter in the company's consumer packaging segment to write down the long-lived assets of this business to their estimated fair value . in the fourth quarter of 2015 , upon the sale and corresponding deconsolidation of ip-sun jv from the company's consolidated balance sheet , final adjustments were made resulting in a reduction of the impairment of $ 12 million . the amount of pre-tax losses related to noncontrolling interest of the ip-sun jv included in the company's consolidated statement of operations for the years ended december 31 , 2015 , 2014 and 2013 were $ 19 million , $ 12 million and $ 8 million , respectively . the amount of pre-tax losses related to the ip-sun jv included in the company's .\nQuestion: in 2015, what was the amount of the north american consumer packaging net sales, in millions?\nAnswer: 1900.0\nQuestion: and what percentage did this amount represent in relation to the total of those consumer packaging sales for that year?\nAnswer: 0.64626\nQuestion: and what was this percentage representation in the year before, in 2014, concerning the same categories?\n" }, { "role": "agent", "content": "0.58772" } ]
CONVFINQA5779	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nliquidity the primary source of our liquidity is cash flow from operations . over the most recent two-year period , our operations have generated $ 5.6 billion in cash . a substantial portion of this operating cash flow has been returned to shareholders through share repurchases and dividends . we also use cash from operations to fund our capital expenditures and acquisitions . we typically use a combination of cash , notes payable , and long-term debt , and occasionally issue shares of stock , to finance significant acquisitions . as of may 26 , 2019 , we had $ 399 million of cash and cash equivalents held in foreign jurisdictions . as a result of the tcja , the historic undistributed earnings of our foreign subsidiaries were taxed in the u.s . via the one-time repatriation tax in fiscal 2018 . we have re-evaluated our assertion and have concluded that although earnings prior to fiscal 2018 will remain permanently reinvested , we will no longer make a permanent reinvestment assertion beginning with our fiscal 2018 earnings . as part of the accounting for the tcja , we recorded local country withholding taxes related to certain entities from which we began repatriating undistributed earnings and will continue to record local country withholding taxes on all future earnings . as a result of the transition tax , we may repatriate our cash and cash equivalents held by our foreign subsidiaries without such funds being subject to further u.s . income tax liability ( please see note 14 to the consolidated financial statements in item 8 of this report for additional information ) . cash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2019</td><td>fiscal year 2018</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 1786.2</td><td>$ 2163.0</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>620.1</td><td>618.8</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-72.0 ( 72.0 )</td><td>-84.7 ( 84.7 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>86.7</td><td>113.2</td></tr><tr><td>6</td><td>stock-based compensation</td><td>84.9</td><td>77.0</td></tr><tr><td>7</td><td>deferred income taxes</td><td>93.5</td><td>-504.3 ( 504.3 )</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-28.8 ( 28.8 )</td><td>-31.8 ( 31.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>6.1</td><td>4.6</td></tr><tr><td>10</td><td>divestitures loss</td><td>30.0</td><td>-</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>235.7</td><td>126.0</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>-7.5 ( 7.5 )</td><td>542.1</td></tr><tr><td>13</td><td>other net</td><td>-27.9 ( 27.9 )</td><td>-182.9 ( 182.9 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2807.0</td><td>$ 2841.0</td></tr></table> during fiscal 2019 , cash provided by operations was $ 2807 million compared to $ 2841 million in the same period last year . the $ 34 million decrease was primarily driven by a $ 377 million decrease in net earnings and a $ 550 million change in current assets and liabilities , partially offset by a $ 598 million change in deferred income taxes . the $ 550 million change in current assets and liabilities was primarily driven by a $ 413 million change in the timing of accounts payable , including the impact of longer payment terms implemented in prior fiscal years . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja in fiscal we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2019 , core working capital decreased 34 percent , compared to a net sales increase of 7 percent . as of may 26 , 2019 , our core working capital balance totaled $ 385 million , down 34 percent versus last year , this is primarily driven by continued benefits from our payment terms extension program and lower inventory balances . in fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent. .\nQuestion: what was the change in the cash provided by operations from 2018 to 2019?\nAnswer: -34.0\nQuestion: and what was that cash in 2018?\n" }, { "role": "agent", "content": "2841.0" } ]
CONVFINQA7922	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncustomary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</td></tr></table> dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .\nQuestion: what was the dividend paid per share in 2008?\nAnswer: 1.93\nQuestion: what was it in 2007?\nAnswer: 1.91\nQuestion: what is the sum?\nAnswer: 3.84\nQuestion: what is the total sum including 2006?\nAnswer: 5.73\nQuestion: what is the total sum divided by 3?\n" }, { "role": "agent", "content": "1.91" } ]
CONVFINQA7697	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 . the graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2011</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2012</td><td>150.6</td><td>116.0</td><td>128.8</td></tr><tr><td>4</td><td>31-dec-2013</td><td>198.5</td><td>153.6</td><td>174.7</td></tr><tr><td>5</td><td>31-dec-2014</td><td>206.3</td><td>174.6</td><td>201.3</td></tr><tr><td>6</td><td>31-dec-2015</td><td>197.8</td><td>177.0</td><td>198.2</td></tr><tr><td>7</td><td>31-dec-2016</td><td>229.3</td><td>198.2</td><td>243.4</td></tr></table> .\nQuestion: what was the value of citi common stock in 2016?\nAnswer: 229.3\nQuestion: what was the 2016 value less an assumed $100 initial investment?\n" }, { "role": "agent", "content": "129.3" } ]
CONVFINQA124	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) the letters of credit use $ 909.4 million and $ 950.2 million as of december 31 , 2012 and 2011 , respectively , of availability under our credit facilities . surety bonds expire on various dates through 2026 . these financial instruments are issued in the normal course of business and are not debt . because we currently have no liability for this financial assurance , it is not reflected in our consolidated balance sheets . however , we have recorded capping , closure and post-closure obligations and self-insurance reserves as they are incurred . the underlying financial assurance obligations , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations . we do not expect this to occur . our restricted cash and marketable securities deposits include , among other things , restricted cash and marketable securities held for capital expenditures under certain debt facilities , and restricted cash and marketable securities pledged to regulatory agencies and governmental entities as financial guarantees of our performance related to our final capping , closure and post-closure obligations at our landfills . the following table summarizes our restricted cash and marketable securities as of december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>financing proceeds</td><td>$ 24.7</td><td>$ 22.5</td></tr><tr><td>3</td><td>capping closure and post-closure obligations</td><td>54.8</td><td>54.9</td></tr><tr><td>4</td><td>self-insurance</td><td>81.3</td><td>75.2</td></tr><tr><td>5</td><td>other</td><td>3.4</td><td>37.0</td></tr><tr><td>6</td><td>total restricted cash and marketable securities</td><td>$ 164.2</td><td>$ 189.6</td></tr></table> we own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry . we account for this investment under the cost method of accounting . there have been no identified events or changes in circumstances that may have a significant adverse effect on the recoverability of the investment . this investee company and the parent company of the investee had written surety bonds for us relating primarily to our landfill operations for capping , closure and post-closure , of which $ 1152.1 million was outstanding as of december 31 , 2012 . our reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 23.4 million and $ 45.0 million as of december 31 , 2012 and 2011 . off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt . we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations . we have not guaranteed any third-party debt . guarantees we enter into contracts in the normal course of business that include indemnification clauses . indemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments . certain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future . we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows. .\nQuestion: what was the total restricted cash and marketable securities in 2012?\nAnswer: 164.2\nQuestion: and in 2011?\n" }, { "role": "agent", "content": "189.6" } ]
CONVFINQA2270	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2013 ( in 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 2012</td><td>407</td><td>433</td><td>840</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>57</td><td>38</td><td>95</td></tr><tr><td>4</td><td>revisions due to prices</td><td>1</td><td>-10 ( 10 )</td><td>-9 ( 9 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-91 ( 91 )</td><td>13</td><td>-78 ( 78 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-116 ( 116 )</td><td>-31 ( 31 )</td><td>-147 ( 147 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2013</td><td>258</td><td>443</td><td>701</td></tr></table> at december 31 , 2013 , devon had 701 mmboe of proved undeveloped reserves . this represents a 17 percent decrease as compared to 2012 and represents 24 percent of total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 95 mmboe and resulted in the conversion of 147 mmboe , or 18 percent , of the 2012 proved undeveloped reserves to proved developed reserves . costs incurred related to the development and conversion of devon 2019s proved undeveloped reserves were $ 1.9 billion for 2013 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 78 mmboe primarily due to evaluations of certain u.s . onshore dry-gas areas , which devon does not expect to develop in the next five years . the largest revisions relate to the dry-gas areas in the cana-woodford shale in western oklahoma , carthage in east texas and the barnett shale in north texas . a significant amount of devon 2019s proved undeveloped reserves at the end of 2013 related to its jackfish operations . at december 31 , 2013 and 2012 , devon 2019s jackfish proved undeveloped reserves were 441 mmboe and 429 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35000 barrel daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity , steam-oil ratios and air quality discharge permits . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends though the year 2031 . price revisions 2013 2013 reserves increased 94 mmboe primarily due to higher gas prices . of this increase , 43 mmboe related to the barnett shale and 19 mmboe related to the rocky mountain area . 2012 2013 reserves decreased 171 mmboe primarily due to lower gas prices . of this decrease , 100 mmboe related to the barnett shale and 25 mmboe related to the rocky mountain area . 2011 2013 reserves decreased 21 mmboe due to lower gas prices and higher oil prices . the higher oil prices increased devon 2019s canadian royalty burden , which reduced devon 2019s oil reserves . revisions other than price total revisions other than price for 2013 , 2012 and 2011 primarily related to devon 2019s evaluation of certain dry gas regions , with the largest revisions being made in the cana-woodford shale , barnett shale and carthage .\nQuestion: combined, what was the total revisions due to prices and revisions other than price?\n" }, { "role": "agent", "content": "87.0" } ]
CONVFINQA10417	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 gains and losses on financial assets and financial liabilities accounted for at fair value under the fair value option the table below presents the gains and losses recognized as a result of the firm electing to apply the fair value option to certain financial assets and financial liabilities . these gains and losses are included in 201cmarket making 201d and 201cother principal transactions . 201d the table below also includes gains and losses on the embedded derivative component of hybrid financial instruments included in unsecured short-term borrowings and unsecured long-term borrowings . these gains and losses would have been recognized under other u.s . gaap even if the firm had not elected to account for the entire hybrid instrument at fair value . the amounts in the table exclude contractual interest , which is included in 201cinterest income 201d and 201cinterest expense , 201d for all instruments other than hybrid financial instruments . see note 23 for further information about interest income and interest expense . gains/ ( losses ) on financial assets and financial liabilities at fair value under the fair value option year ended december in millions 2012 2011 2010 receivables from customers and counterparties 1 $ 190 $ 97 $ ( 97 ) . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>gains/ ( losses ) on financial assets and financial liabilities at fair value under the fair value option year ended december 2012</td><td>gains/ ( losses ) on financial assets and financial liabilities at fair value under the fair value option year ended december 2011</td><td>gains/ ( losses ) on financial assets and financial liabilities at fair value under the fair value option year ended december 2010</td></tr><tr><td>2</td><td>receivables from customers andcounterparties1</td><td>$ 190</td><td>$ 97</td><td>$ -97 ( 97 )</td></tr><tr><td>3</td><td>other secured financings</td><td>-190 ( 190 )</td><td>-63 ( 63 )</td><td>-227 ( 227 )</td></tr><tr><td>4</td><td>unsecured short-term borrowings2</td><td>-973 ( 973 )</td><td>2149</td><td>-1455 ( 1455 )</td></tr><tr><td>5</td><td>unsecured long-term borrowings3</td><td>-1523 ( 1523 )</td><td>2336</td><td>-1169 ( 1169 )</td></tr><tr><td>6</td><td>other liabilities and accrued expenses4</td><td>-1486 ( 1486 )</td><td>-911 ( 911 )</td><td>50</td></tr><tr><td>7</td><td>other5</td><td>-81 ( 81 )</td><td>90</td><td>-10 ( 10 )</td></tr><tr><td>8</td><td>total</td><td>$ -4063 ( 4063 )</td><td>$ 3698</td><td>$ -2908 ( 2908 )</td></tr></table> 1 . primarily consists of gains/ ( losses ) on certain reinsurance contracts and certain transfers accounted for as receivables rather than purchases . 2 . includes gains/ ( losses ) on the embedded derivative component of hybrid financial instruments of $ ( 814 ) million , $ 2.01 billion , and $ ( 1.49 ) billion as of december 2012 , december 2011 and december 2010 , respectively . 3 . includes gains/ ( losses ) on the embedded derivative component of hybrid financial instruments of $ ( 887 ) million , $ 1.80 billion and $ ( 1.32 ) billion as of december 2012 , december 2011 and december 2010 , respectively . 4 . primarily consists of gains/ ( losses ) on certain insurance contracts . 5 . primarily consists of gains/ ( losses ) on resale and repurchase agreements , securities borrowed and loaned and deposits . excluding the gains and losses on the instruments accounted for under the fair value option described above , 201cmarket making 201d and 201cother principal transactions 201d primarily represent gains and losses on 201cfinancial instruments owned , at fair value 201d and 201cfinancial instruments sold , but not yet purchased , at fair value . 201d 150 goldman sachs 2012 annual report .\nQuestion: what was the change in the total gains/ ( losses ) on financial assets and financial liabilities at fair value from 2017 to 2018?\n" }, { "role": "agent", "content": "-7761.0" } ]
CONVFINQA1343	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 shows a five-year comparison of the cumulative shareholder return on the company's common stock with the cumulative total return of the s&p smallcap 600 index and the s&p 600 electrical equipment index , all of which are published indices . comparison of five-year cumulative total return from december 31 , 2002 to december 31 , 2007 assumes $ 100 invested with reinvestment of dividends period indexed returns . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>baseperiod 12/31/02</td><td>baseperiod 12/31/03</td><td>baseperiod 12/31/04</td><td>baseperiod 12/31/05</td><td>baseperiod 12/31/06</td><td>12/31/07</td></tr><tr><td>2</td><td>a o smith corp</td><td>100.00</td><td>132.23</td><td>115.36</td><td>138.20</td><td>150.26</td><td>142.72</td></tr><tr><td>3</td><td>s&p smallcap 600 index</td><td>100.00</td><td>138.79</td><td>170.22</td><td>183.30</td><td>211.01</td><td>210.39</td></tr><tr><td>4</td><td>s&p 600 electrical equipment</td><td>100.00</td><td>126.12</td><td>152.18</td><td>169.07</td><td>228.83</td><td>253.33</td></tr></table> 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 smith ( a o ) corp s&p smallcap 600 index s&p 600 electrical equipment .\nQuestion: what was the change in the value of a o smith corp from 2002 to 2007?\nAnswer: 42.72\nQuestion: and how much does that change represent in relation to the original value in 2002?\nAnswer: 0.4272\nQuestion: what was the value of the s&p 600 electrical equipment in 2007?\nAnswer: 253.33\nQuestion: and what was the change in that value between 2002 and 2007?\nAnswer: 153.33\nQuestion: how much, then, does this change represent in relation to the original value of that stock in 2002?\nAnswer: 1.5333\nQuestion: and what was the difference between the return (or the change representation) of the a o smith corp and the one of the s&p 600 electrical equipment?\n" }, { "role": "agent", "content": "-1.1061" } ]
CONVFINQA1575	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 net change in accrued wages and vacation from 2014 to 2015?\nAnswer: -18.0\nQuestion: what was the 2014 value?\n" }, { "role": "agent", "content": "409.0" } ]
CONVFINQA6295	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontractual obligations in 2011 , we issued $ 1200 million of senior notes and entered into the credit facility with third-party lenders in the amount of $ 1225 million . as of december 31 , 2011 , total outstanding long-term debt was $ 1859 million , consisting of these senior notes and the credit facility , in addition to $ 105 million of third party debt that remained outstanding subsequent to the spin-off . in connection with the spin-off , we entered into a transition services agreement with northrop grumman , under which northrop grumman or certain of its subsidiaries provides us with certain services to help ensure an orderly transition following the distribution . under the transition services agreement , northrop grumman provides , for up to 12 months following the spin-off , certain enterprise shared services ( including information technology , resource planning , financial , procurement and human resource services ) , benefits support services and other specified services . the original term of the transition services agreement ends on march 31 , 2012 , although we have the right to and have cancelled certain services as we transition to new third-party providers . the services provided by northrop grumman are charged to us at cost , and a limited number of these services may be extended for a period of approximately six months to allow full information systems transition . see note 20 : related party transactions and former parent company equity in item 8 . in connection with the spin-off , we entered into a tax matters agreement with northrop grumman ( the 201ctax matters agreement 201d ) that governs the respective rights , responsibilities and obligations of northrop grumman and us after the spin-off with respect to tax liabilities and benefits , tax attributes , tax contests and other tax sharing regarding u.s . federal , state , local and foreign income taxes , other taxes and related tax returns . we have several liabilities with northrop grumman to the irs for the consolidated u.s . federal income taxes of the northrop grumman consolidated group relating to the taxable periods in which we were part of that group . however , the tax matters agreement specifies the portion of this tax liability for which we will bear responsibility , and northrop grumman has agreed to indemnify us against any amounts for which we are not responsible . the tax matters agreement also provides special rules for allocating tax liabilities in the event that the spin-off , together with certain related transactions , is not tax-free . see note 20 : related party transactions and former parent company equity in item 8 . we do not expect either the transition services agreement or the tax matters agreement to have a significant impact on our financial condition and results of operations . the following table presents our contractual obligations as of december 31 , 2011 , and the related estimated timing of future cash payments : ( $ in millions ) total 2012 2013 - 2014 2015 - 2016 2017 and beyond . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>total</td><td>2012</td><td>2013 - 2014</td><td>2015 - 2016</td><td>2017 and beyond</td></tr><tr><td>2</td><td>long-term debt</td><td>$ 1859</td><td>$ 29</td><td>$ 129</td><td>$ 396</td><td>$ 1305</td></tr><tr><td>3</td><td>interest payments on long-term debt ( 1 )</td><td>854</td><td>112</td><td>219</td><td>202</td><td>321</td></tr><tr><td>4</td><td>operating leases</td><td>124</td><td>21</td><td>32</td><td>23</td><td>48</td></tr><tr><td>5</td><td>purchase obligations ( 2 )</td><td>2425</td><td>1409</td><td>763</td><td>209</td><td>44</td></tr><tr><td>6</td><td>other long-term liabilities ( 3 )</td><td>587</td><td>66</td><td>96</td><td>67</td><td>358</td></tr><tr><td>7</td><td>total contractual obligations</td><td>$ 5849</td><td>$ 1637</td><td>$ 1239</td><td>$ 897</td><td>$ 2076</td></tr></table> ( 1 ) interest payments include interest on $ 554 million of variable interest rate debt calculated based on interest rates at december 31 , 2011 . ( 2 ) a 201cpurchase obligation 201d is defined as an agreement to purchase goods or services that is enforceable and legally binding on us and that specifies all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . these amounts are primarily comprised of open purchase order commitments to vendors and subcontractors pertaining to funded contracts . ( 3 ) other long-term liabilities primarily consist of total accrued workers 2019 compensation reserves , deferred compensation , and other miscellaneous liabilities , of which $ 201 million is the current portion of workers 2019 compensation liabilities . it excludes obligations for uncertain tax positions of $ 9 million , as the timing of the payments , if any , cannot be reasonably estimated . the above table excludes retirement related contributions . in 2012 , we expect to make minimum and discretionary contributions to our qualified pension plans of approximately $ 153 million and $ 65 million , respectively , exclusive of any u.s . government recoveries . we will continue to periodically evaluate whether to make additional discretionary contributions . in 2012 , we expect to make $ 35 million in contributions for our other postretirement plans , exclusive of any .\nQuestion: what is the total of long term debt?\nAnswer: 1859.0\nQuestion: what is long term debt in 2012?\n" }, { "role": "agent", "content": "29.0" } ]
CONVFINQA9415	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .\nQuestion: what was the weighted-average grant date fair value of stock options in 2010?\nAnswer: 11.0\nQuestion: and what was it in 2009?\n" }, { "role": "agent", "content": "7.0" } ]
CONVFINQA1135	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312011</td><td>december 312012</td><td>december 312013</td><td>december 312014</td><td>december 312015</td><td>december 312016</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 154.94</td><td>$ 220.70</td><td>$ 168.17</td><td>$ 130.24</td><td>$ 133.81</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 150.40</td><td>$ 217.35</td><td>$ 175.04</td><td>$ 127.80</td><td>$ 137.83</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 155.17</td><td>$ 222.44</td><td>$ 178.89</td><td>$ 133.79</td><td>$ 142.07</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 113.41</td><td>$ 146.98</td><td>$ 163.72</td><td>$ 162.53</td><td>$ 178.02</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 134.98</td><td>$ 220.77</td><td>$ 253.19</td><td>$ 243.93</td><td>$ 271.11</td></tr></table> equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2017 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference . item 6 . selected financial data . the table set forth below presents our selected financial information for each of the past five years ( in millions , except per share amounts ) . the selected statement of operations information for each of the three years ended december 31 , 2016 and the selected balance sheet information as of december 31 , 2016 and 2015 have been derived from and should be read in conjunction with the information in item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations , 201d the audited consolidated financial statements included in item 8 , 201cfinancial statements and supplementary data , 201d and other financial information included elsewhere in this annual report on form 10-k . the selected statement of operations information for each of the two years ended december 31 , 2013 and 2012 and the selected balance sheet information as of december 31 , 2014 , 2013 and 2012 have been derived from financial statements not included in this annual report on form 10-k . 2016 2015 2014 2013 2012 selected statement of operations information : revenues $ 6497 $ 6394 $ 6265 $ 5535 $ 4487 operating income 2058 1985 2061 1975 1859 income from continuing operations , net of taxes 1218 1048 1137 1077 956 loss from discontinued operations , net of taxes 2014 2014 2014 2014 ( 11 ) net income 1218 1048 1137 1077 945 net income available to discovery communications , inc . 1194 1034 1139 1075 943 basic earnings per share available to discovery communications , inc . series a , b and c common stockholders : continuing operations $ 1.97 $ 1.59 $ 1.67 $ 1.50 $ 1.27 discontinued operations 2014 2014 2014 2014 ( 0.01 ) net income 1.97 1.59 1.67 1.50 1.25 diluted earnings per share available to discovery communications , inc . series a , b and c common stockholders : continuing operations $ 1.96 $ 1.58 $ 1.66 $ 1.49 $ 1.26 discontinued operations 2014 2014 2014 2014 ( 0.01 ) net income 1.96 1.58 1.66 1.49 1.24 weighted average shares outstanding : basic 401 432 454 484 498 diluted 610 656 687 722 759 selected balance sheet information : cash and cash equivalents $ 300 $ 390 $ 367 $ 408 $ 1201 total assets 15758 15864 15970 14934 12892 long-term debt : current portion 82 119 1107 17 31 long-term portion 7841 7616 6002 6437 5174 total liabilities 10348 10172 9619 8701 6599 redeemable noncontrolling interests 243 241 747 36 2014 equity attributable to discovery communications , inc . 5167 5451 5602 6196 6291 total equity $ 5167 $ 5451 $ 5604 $ 6197 $ 6293 2022 income per share amounts may not sum since each is calculated independently . 2022 on september 30 , 2016 , the company recorded an other-than-temporary impairment of $ 62 million related to its investment in lionsgate . on december 2 , 2016 , the company acquired a 39% ( 39 % ) minority interest in group nine media , a newly formed media holding company , in exchange for contributions of $ 100 million and the company's digital network businesses seeker and sourcefed , resulting in a gain of $ 50 million upon deconsolidation of the businesses . ( see note 4 to the accompanying consolidated financial statements. ) .\nQuestion: what is the impairment charge related to the investment in lionsgate in 2016?\nAnswer: 62.0\nQuestion: what about the total net income?\nAnswer: 1218.0\nQuestion: what would be the total income of the impairment charges were not inlcuded?\n" }, { "role": "agent", "content": "1280.0" } ]
CONVFINQA5787	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nbacklog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs . backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . trends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program . operating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 5596</td><td>$ 5654</td><td>$ 6115</td></tr><tr><td>3</td><td>operating profit</td><td>508</td><td>472</td><td>498</td></tr><tr><td>4</td><td>operating margins</td><td>9.1% ( 9.1 % )</td><td>8.3% ( 8.3 % )</td><td>8.1% ( 8.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 4800</td><td>$ 6000</td><td>$ 6300</td></tr></table> 2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 . the decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) . these decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs . is&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 . the increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 . 2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures . the decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies . is&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 . adjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .\nQuestion: what is the backlog at year-end of 2014?\nAnswer: 6000.0\nQuestion: and that of 2013?\nAnswer: 6300.0\nQuestion: what is the difference between the backlog at year-end of 2014 and 2013?\nAnswer: -300.0\nQuestion: how much does that difference represents in relation to the backlog at year-end of 2013?\n" }, { "role": "agent", "content": "-0.04762" } ]
CONVFINQA2719	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the 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 , 2002 in the s&p 500 index , the dow jones transportation average , and the class b common stock of united parcel service , inc . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 $ 180.00 $ 200.00 $ 220.00 2002 20072006200520042003 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/02</td><td>12/31/03</td><td>12/31/04</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 119.89</td><td>$ 139.55</td><td>$ 124.88</td><td>$ 127.08</td><td>$ 122.64</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100.00</td><td>$ 128.68</td><td>$ 142.68</td><td>$ 149.69</td><td>$ 173.33</td><td>$ 182.85</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 131.84</td><td>$ 168.39</td><td>$ 188.00</td><td>$ 206.46</td><td>$ 209.40</td></tr></table> securities authorized for issuance under equity compensation plans the following table provides information as of december 31 , 2007 regarding compensation plans under which our class a common stock is authorized for issuance . these plans do not authorize the issuance of our class b common stock. .\nQuestion: what was the value of the ups in 2004?\nAnswer: 139.55\nQuestion: and what was it in 2003?\n" }, { "role": "agent", "content": "119.89" } ]
CONVFINQA5164	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncomparison of five-year cumulative total return the following graph compares the cumulative total return on citigroup 2019s common stock with the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2009 . the graph assumes that $ 100 was invested on december 31 , 2004 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested . citigroup s&p 500 index s&p financial index 2005 2006 2007 2008 2009 comparison of five-year cumulative total return for the years ended . <table class='wikitable'><tr><td>1</td><td>december 31</td><td>citigroup</td><td>s&p 500 index</td><td>s&p financial index</td></tr><tr><td>2</td><td>2005</td><td>104.38</td><td>104.83</td><td>106.30</td></tr><tr><td>3</td><td>2006</td><td>124.02</td><td>121.20</td><td>126.41</td></tr><tr><td>4</td><td>2007</td><td>70.36</td><td>127.85</td><td>103.47</td></tr><tr><td>5</td><td>2008</td><td>18.71</td><td>81.12</td><td>47.36</td></tr><tr><td>6</td><td>2009</td><td>9.26</td><td>102.15</td><td>55.27</td></tr></table> .\nQuestion: what is the value of an investment in citigroup in 2009?\nAnswer: 9.26\nQuestion: what about the initial value of the investment?\n" }, { "role": "agent", "content": "100.0" } ]
CONVFINQA2632	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>weighted average common shares outstanding for basic computations</td><td>284.5</td><td>287.8</td><td>299.3</td></tr><tr><td>3</td><td>weighted average dilutive effect of equity awards</td><td>2.3</td><td>2.8</td><td>3.8</td></tr><tr><td>4</td><td>weighted average common shares outstanding for diluted computations</td><td>286.8</td><td>290.6</td><td>303.1</td></tr></table> we compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented . our calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units ( rsus ) , performance stock units ( psus ) and exercise of outstanding stock options based on the treasury stock method . there were no significant anti-dilutive equity awards for the years ended december 31 , 2018 , 2017 and 2016 . note 3 2013 acquisition and divestitures consolidation of awe management limited on august 24 , 2016 , we increased our ownership interest in the awe joint venture , which operates the united kingdom 2019s nuclear deterrent program , from 33% ( 33 % ) to 51% ( 51 % ) . consequently , we began consolidating awe and our operating results include 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit . prior to increasing our ownership interest , we accounted for our investment in awe using the equity method of accounting . under the equity method , we recognized only 33% ( 33 % ) of awe 2019s earnings or losses and no sales . accordingly , prior to august 24 , 2016 , the date we obtained control , we recorded 33% ( 33 % ) of awe 2019s net earnings in our operating results and subsequent to august 24 , 2016 , we recognized 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit . we accounted for this transaction as a 201cstep acquisition 201d ( as defined by u.s . gaap ) , which requires us to consolidate and record the assets and liabilities of awe at fair value . accordingly , we recorded intangible assets of $ 243 million related to customer relationships , $ 32 million of net liabilities , and noncontrolling interests of $ 107 million . the intangible assets are being amortized over a period of eight years in accordance with the underlying pattern of economic benefit reflected by the future net cash flows . in 2016 , we recognized a non-cash net gain of $ 104 million associated with obtaining a controlling interest in awe , which consisted of a $ 127 million pretax gain recognized in the operating results of our space business segment and $ 23 million of tax-related items at our corporate office . the gain represented the fair value of our 51% ( 51 % ) interest in awe , less the carrying value of our previously held investment in awe and deferred taxes . the gain was recorded in other income , net on our consolidated statements of earnings . the fair value of awe ( including the intangible assets ) , our controlling interest , and the noncontrolling interests were determined using the income approach . divestiture of the information systems & global solutions business on august 16 , 2016 , we divested our former is&gs business , which merged with leidos , in a reverse morris trust transaction ( the 201ctransaction 201d ) . the transaction was completed in a multi-step process pursuant to which we initially contributed the is&gs business to abacus innovations corporation ( abacus ) , a wholly owned subsidiary of lockheed martin created to facilitate the transaction , and the common stock of abacus was distributed to participating lockheed martin stockholders through an exchange offer . under the terms of the exchange offer , lockheed martin stockholders had the option to exchange shares of lockheed martin common stock for shares of abacus common stock . at the conclusion of the exchange offer , all shares of abacus common stock were exchanged for 9369694 shares of lockheed martin common stock held by lockheed martin stockholders that elected to participate in the exchange . the shares of lockheed martin common stock that were exchanged and accepted were retired , reducing the number of shares of our common stock outstanding by approximately 3% ( 3 % ) . following the exchange offer , abacus merged with a subsidiary of leidos , with abacus continuing as the surviving corporation and a wholly-owned subsidiary of leidos . as part of the merger , each share of abacus common stock was automatically converted into one share of leidos common stock . we did not receive any shares of leidos common stock as part of the transaction and do not hold any shares of leidos or abacus common stock following the transaction . based on an opinion of outside tax counsel , subject to customary qualifications and based on factual representations , the exchange offer and merger will qualify as tax-free transactions to lockheed martin and its stockholders , except to the extent that cash was paid to lockheed martin stockholders in lieu of fractional shares . in connection with the transaction , abacus borrowed an aggregate principal amount of approximately $ 1.84 billion under term loan facilities with third party financial institutions , the proceeds of which were used to make a one-time special cash payment of $ 1.80 billion to lockheed martin and to pay associated borrowing fees and expenses . the entire special cash payment was used to repay debt , pay dividends and repurchase stock during the third and fourth quarters of 2016 . the obligations under the abacus term loan facilities were guaranteed by leidos as part of the transaction. .\nQuestion: what was the weighted average common shares outstanding for diluted computations in 2018?\nAnswer: 286.8\nQuestion: and in 2017?\n" }, { "role": "agent", "content": "290.6" } ]
CONVFINQA10958	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncosts . our 2012 results were lower than 2011 when we realized $ 53.1 million in premium-services margins and our storage and marketing margins consisted of $ 96.0 million from realized seasonal price differentials and marketing optimization activities , and $ 87.7 million of storage demand costs . in addition , we recognized a loss on the change in fair value of our nonqualifiying economic storage hedges of $ 1.0 million in 2012 compared with a gain of $ 8.5 million in 2011 . our premium services were impacted negatively by lower natural gas prices and decreased natural gas price volatility . the impact of our hedge strategies and the inability to hedge seasonal price differentials at levels that were available to us in the prior year significantly reduced our storage margins . we also experienced reduced opportunities to optimize our storage assets , which negatively impacted our marketing margins . we realized a loss in our transportation margins of $ 42.4 million in 2012 compared with a loss of $ 18.8 million in 2011 , due primarily to a $ 29.5 million decrease in transportation hedges . our transportation business continues to be impacted by narrow price location differentials and the inability to hedge at levels that were available to us in prior years . as a result of significant increases in the supply of natural gas , primarily from shale gas production across north america and new pipeline infrastructure projects , location and seasonal price differentials narrowed significantly beginning in 2010 and continuing through 2012 . this market change resulted in our transportation contracts being unprofitable impacting our ability to recover our fixed costs . operating costs decreased due primarily to lower employee-related expenses , which includes the impact of fewer employees . we also recognized an expense of $ 10.3 million related to the impairment of our goodwill in the first quarter 2012 . given the significant decline in natural gas prices and its effect on location and seasonal price differentials , we performed an interim impairment assessment in the first quarter 2012 that reduced our goodwill balance to zero . 2011 vs . 2010 - the factors discussed in energy services 2019 201cnarrative description of the business 201d included in item i , business , of this annual report have led to a significant decrease in net margin , including : 2022 a decrease of $ 65.3 million in transportation margins , net of hedging , due primarily to narrower location price differentials and lower hedge settlements in 2011 ; 2022 a decrease of $ 34.3 million in storage and marketing margins , net of hedging activities , due primarily to the following : 2013 lower realized seasonal storage price differentials ; offset partially by 2013 favorable marketing activity and unrealized fair value changes on nonqualifying economic storage hedges ; 2022 a decrease of $ 7.3 million in premium-services margins , associated primarily with the reduction in the value of the fees collected for these services as a result of low commodity prices and reduced natural gas price volatility in the first quarter 2011 compared with the first quarter 2010 ; and 2022 a decrease of $ 4.3 million in financial trading margins , as low natural gas prices and reduced natural gas price volatility limited our financial trading opportunities . additionally , our 2011 net margin includes $ 91.1 million in adjustments to natural gas inventory reflecting the lower of cost or market value . because of the adjustments to our inventory value , we reclassified $ 91.1 million of deferred gains on associated cash flow hedges into earnings . operating costs decreased due primarily to a decrease in ad valorem taxes . selected operating information - the following table sets forth certain selected operating information for our energy services segment for the periods indicated: . <table class='wikitable'><tr><td>1</td><td>operating information</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td><td>years ended december 31 , 2010</td></tr><tr><td>2</td><td>natural gas marketed ( bcf )</td><td>709</td><td>845</td><td>919</td></tr><tr><td>3</td><td>natural gas gross margin ( $ /mcf )</td><td>$ -0.07 ( 0.07 )</td><td>$ 0.06</td><td>$ 0.18</td></tr><tr><td>4</td><td>physically settled volumes ( bcf )</td><td>1433</td><td>1724</td><td>1874</td></tr></table> natural gas volumes marketed and physically settled volumes decreased in 2012 compared with 2011 due primarily to decreased marketing activities , lower transported volumes and reduced transportation capacity . the decrease in 2011 compared with 2010 was due primarily to lower volumes transported and reduced transportation capacity . transportation capacity in certain markets was not utilized due to the economics of the location price differentials as a result of increased supply of natural gas , primarily from shale production , and increased pipeline capacity as a result of new pipeline construction. .\nQuestion: what was the value of natural gas marketing (bcf) in 2012?\n" }, { "role": "agent", "content": "709.0" } ]
CONVFINQA1272	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nbusiness-related metrics as of or for the year ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in billions except ratios )</td><td>2003</td><td>2002</td><td>change</td></tr><tr><td>2</td><td>loan and lease receivables</td><td>$ 43.2</td><td>$ 37.4</td><td>16% ( 16 % )</td></tr><tr><td>3</td><td>average loan and lease receivables</td><td>41.7</td><td>31.7</td><td>32</td></tr><tr><td>4</td><td>automobile origination volume</td><td>27.8</td><td>25.3</td><td>10</td></tr><tr><td>5</td><td>automobile market share</td><td>6.1% ( 6.1 % )</td><td>5.7% ( 5.7 % )</td><td>40bp</td></tr><tr><td>6</td><td>30+ day delinquency rate</td><td>1.46</td><td>1.54</td><td>-8 ( 8 )</td></tr><tr><td>7</td><td>net charge-off ratio</td><td>0.41</td><td>0.51</td><td>-10 ( 10 )</td></tr><tr><td>8</td><td>overhead ratio</td><td>35</td><td>36</td><td>-100 ( 100 )</td></tr></table> crb is the no . 1 bank in the new york tri-state area and a top five bank in texas ( both ranked by retail deposits ) , providing payment , liquidity , investment , insurance and credit products and services to three primary customer segments : small busi- ness , affluent and retail . within these segments , crb serves 326000 small businesses , 433000 affluent consumers and 2.6 million mass-market consumers . crb 2019s continued focus on expanding customer relationships resulted in a 14% ( 14 % ) increase in core deposits ( for this purpose , core deposits are total deposits less time deposits ) from december 31 , 2002 , and a 77% ( 77 % ) increase in the cross-sell of chase credit products over 2002 . in 2003 , mortgage and home equity originations through crb 2019s distribution channels were $ 3.4 billion and $ 4.7 billion , respectively . branch-originated credit cards totaled 77000 , contributing to 23% ( 23 % ) of crb customers holding chase credit cards . crb is compensated by cfs 2019s credit businesses for the home finance and credit card loans it origi- nates and does not retain these balances . chase regional banking while crb continues to position itself for growth , decreased deposit spreads related to the low-rate environment and increased credit costs resulted in an 80% ( 80 % ) decline in crb operating earnings from 2002 . this decrease was partly offset by an 8% ( 8 % ) increase in total average deposits . operating revenue of $ 2.6 billion decreased by 9% ( 9 % ) compared with 2002 . net interest income declined by 11% ( 11 % ) to $ 1.7 billion , primarily attributable to the lower interest rate environment . noninterest revenue decreased 6% ( 6 % ) to $ 927 million due to lower deposit service fees , decreased debit card fees and one-time gains in 2002 . crb 2019s revenue does not include funding profits earned on its deposit base ; these amounts are included in the results of global treasury . operating expense of $ 2.4 billion increased by 7% ( 7 % ) from 2002 . the increase was primarily due to investments in technology within the branch network ; also contributing were higher compensation expenses related to increased staff levels and higher severance costs as a result of continued restructuring . this increase in operating caf is the largest u.s . bank originator of automobile loans and leases , with more than 2.9 million accounts . in 2003 , caf had a record number of automobile loan and lease originations , growing by 10% ( 10 % ) over 2002 to $ 27.8 billion . loan and lease receivables of $ 43.2 billion at december 31 , 2003 , were 16% ( 16 % ) higher than at the prior year-end . despite a challenging operating environment reflecting slightly declining new car sales in 2003 and increased competition , caf 2019s market share among automobile finance companies improved to 6.1% ( 6.1 % ) in 2003 from 5.7% ( 5.7 % ) in 2002 . the increase in market share was the result of strong organic growth and an origination strategy that allies the business with manufac- turers and dealers . caf 2019s relationships with several major car manufacturers contributed to 2003 growth , as did caf 2019s dealer relationships , which increased from approximately 12700 dealers in 2002 to approximately 13700 dealers in 2003 . in 2003 , operating earnings were $ 205 million , 23% ( 23 % ) higher compared with 2002 . the increase in earnings was driven by continued revenue growth and improved operating efficiency . in 2003 , caf 2019s operating revenue grew by 23% ( 23 % ) to $ 842 million . net interest income grew by 33% ( 33 % ) compared with 2002 . the increase was driven by strong operating performance due to higher average loans and leases outstanding , reflecting continued strong origination volume and lower funding costs . operating expense of $ 292 million increased by 18% ( 18 % ) compared with 2002 . the increase in expenses was driven by higher average chase auto finance loans outstanding , higher origination volume and higher perform- ance-based incentives . caf 2019s overhead ratio improved from 36% ( 36 % ) in 2002 to 35% ( 35 % ) in 2003 , as a result of strong revenue growth , con- tinued productivity gains and disciplined expense management . credit costs increased 18% ( 18 % ) to $ 205 million , primarily reflecting a 32% ( 32 % ) increase in average loan and lease receivables . credit quality continued to be strong relative to 2002 , as evidenced by a lower net charge-off ratio and 30+ day delinquency rate . caf also comprises chase education finance , a top provider of government-guaranteed and private loans for higher education . loans are provided through a joint venture with sallie mae , a government-sponsored enterprise and the leader in funding and servicing education loans . chase education finance 2019s origination volume totaled $ 2.7 billion , an increase of 4% ( 4 % ) from last year . management 2019s discussion and analysis j.p . morgan chase & co . 42 j.p . morgan chase & co . / 2003 annual report .\nQuestion: what was the percentage growth of the operating earnings from 2002 to 2003?\nAnswer: 0.23\nQuestion: and what percentage did the 2002 earnings represent in relation to the 2003 ones?\nAnswer: 99.77\nQuestion: considering the amount of those 2003 earnings, what can be concluded to have been those operating earnings in 2002?\nAnswer: 20452.85\nQuestion: in that same period, how much did the net interest income in 2003 represent in relation to the one in 2002?\nAnswer: 0.89\nQuestion: what was, then, that 2002 net interest income?\n" }, { "role": "agent", "content": "1.91011" } ]
CONVFINQA1582	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy louisiana , llc management's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2007 net revenue</td><td>$ 991.1</td></tr><tr><td>3</td><td>retail electric price</td><td>-17.1 ( 17.1 )</td></tr><tr><td>4</td><td>purchased power capacity</td><td>-12.0 ( 12.0 )</td></tr><tr><td>5</td><td>net wholesale revenue</td><td>-7.4 ( 7.4 )</td></tr><tr><td>6</td><td>other</td><td>4.6</td></tr><tr><td>7</td><td>2008 net revenue</td><td>$ 959.2</td></tr></table> the retail electric price variance is primarily due to the cessation of the interim storm recovery through the formula rate plan upon the act 55 financing of storm costs and a credit passed on to customers as a result of the act 55 storm cost financing , partially offset by increases in the formula rate plan effective october 2007 . refer to \"hurricane rita and hurricane katrina\" and \"state and local rate regulation\" below for a discussion of the interim recovery of storm costs , the act 55 storm cost financing , and the formula rate plan filing . the purchased power capacity variance is due to the amortization of deferred capacity costs effective september 2007 as a result of the formula rate plan filing in may 2007 . purchased power capacity costs are offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges . see \"state and local rate regulation\" below for a discussion of the formula rate plan filing . the net wholesale revenue variance is primarily due to provisions recorded for potential rate refunds related to the treatment of interruptible load in pricing entergy system affiliate sales . gross operating revenue and , fuel and purchased power expenses gross operating revenues increased primarily due to an increase of $ 364.7 million in fuel cost recovery revenues due to higher fuel rates offset by decreased usage . the increase was partially offset by a decrease of $ 56.8 million in gross wholesale revenue due to a decrease in system agreement rough production cost equalization credits . fuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by a decrease in the recovery from customers of deferred fuel costs. .\nQuestion: what was the net revenue in 2008?\nAnswer: 959.2\nQuestion: and what was it in 2007?\nAnswer: 991.1\nQuestion: what was, then, the change over the year?\nAnswer: -31.9\nQuestion: and what percentage of this change did the purchased power capacity represent?\nAnswer: 0.37618\nQuestion: and considering only the retail electric price and the purchased power capacity, what was that variation?\nAnswer: -29.1\nQuestion: including the net wholesale revenue, what becomes the total variation for these three segments?\n" }, { "role": "agent", "content": "-36.5" } ]
CONVFINQA3960	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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?\n" }, { "role": "agent", "content": "3352.0" } ]
CONVFINQA2455	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 12 derivative instruments and fair value measurements the company is exposed to certain market risks such as changes in interest rates , foreign currency exchange rates , and commodity prices , which exist as a part of its ongoing business operations . management uses derivative financial and commodity instruments , including futures , options , and swaps , where appropriate , to manage these risks . instruments used as hedges must be effective at reducing the risk associated with the exposure being hedged and must be designated as a hedge at the inception of the contract . the company designates derivatives as cash flow hedges , fair value hedges , net investment hedges , and uses other contracts to reduce volatility in interest rates , foreign currency and commodities . as a matter of policy , the company does not engage in trading or speculative hedging transactions . total notional amounts of the company 2019s derivative instruments as of december 29 , 2012 and december 31 , 2011 were as follows: . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>foreign currency exchange contracts</td><td>$ 570</td><td>$ 1265</td></tr><tr><td>3</td><td>interest rate contracts</td><td>2150</td><td>600</td></tr><tr><td>4</td><td>commodity contracts</td><td>136</td><td>175</td></tr><tr><td>5</td><td>total</td><td>$ 2856</td><td>$ 2040</td></tr></table> following is a description of each category in the fair value hierarchy and the financial assets and liabilities of the company that were included in each category at december 29 , 2012 and december 31 , 2011 , measured on a recurring basis . level 1 2014 financial assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market . for the company , level 1 financial assets and liabilities consist primarily of commodity derivative contracts . level 2 2014 financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability . for the company , level 2 financial assets and liabilities consist of interest rate swaps and over-the-counter commodity and currency contracts . the company 2019s calculation of the fair value of interest rate swaps is derived from a discounted cash flow analysis based on the terms of the contract and the interest rate curve . over-the-counter commodity derivatives are valued using an income approach based on the commodity index prices less the contract rate multiplied by the notional amount . foreign currency contracts are valued using an income approach based on forward rates less the contract rate multiplied by the notional amount . the company 2019s calculation of the fair value of level 2 financial assets and liabilities takes into consideration the risk of nonperformance , including counterparty credit risk . level 3 2014 financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement . these inputs reflect management 2019s own assumptions about the assumptions a market participant would use in pricing the asset or liability . the company did not have any level 3 financial assets or liabilities as of december 29 , 2012 or december 31 , 2011 . the following table presents assets and liabilities that were measured at fair value in the consolidated balance sheet on a recurring basis as of december 29 , 2012 and december 31 , 2011 : derivatives designated as hedging instruments : 2012 2011 ( millions ) level 1 level 2 total level 1 level 2 total assets : foreign currency exchange contracts : other current assets $ 2014 $ 4 $ 4 $ 2014 $ 11 $ 11 interest rate contracts ( a ) : other assets 2014 64 64 2014 23 23 commodity contracts : other current assets 2014 2014 2014 2 2014 2 total assets $ 2014 $ 68 $ 68 $ 2 $ 34 $ 36 liabilities : foreign currency exchange contracts : other current liabilities $ 2014 $ ( 3 ) $ ( 3 ) $ 2014 $ ( 18 ) $ ( 18 ) commodity contracts : other current liabilities 2014 ( 11 ) ( 11 ) ( 4 ) ( 12 ) ( 16 ) other liabilities 2014 ( 27 ) ( 27 ) 2014 ( 34 ) ( 34 ) total liabilities $ 2014 $ ( 41 ) $ ( 41 ) $ ( 4 ) $ ( 64 ) $ ( 68 ) ( a ) the fair value of the related hedged portion of the company 2019s long-term debt , a level 2 liability , was $ 2.3 billion as of december 29 , 2012 and $ 626 million as of december 31 , derivatives not designated as hedging instruments : 2012 2011 ( millions ) level 1 level 2 total level 1 level 2 total assets : commodity contracts : other current assets $ 5 $ 2014 $ 5 $ 2014 $ 2014 $ 2014 total assets $ 5 $ 2014 $ 5 $ 2014 $ 2014 $ 2014 liabilities : commodity contracts : other current liabilities $ ( 3 ) $ 2014 $ ( 3 ) $ 2014 $ 2014 $ 2014 total liabilities $ ( 3 ) $ 2014 $ ( 3 ) $ 2014 $ 2014 $ 2014 .\nQuestion: what was the change in the total notional amount of the company's derivatives from 2011 to 2012?\n" }, { "role": "agent", "content": "816.0" } ]
CONVFINQA4235	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios . the company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 . the company has never borrowed under its domestic revolving credit facilities . utilization of the non-u.s . credit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested . contractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 . payments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>payments due by period ( 1 ) total</td><td>payments due by period ( 1 ) 2006</td><td>payments due by period ( 1 ) 2007</td><td>payments due by period ( 1 ) 2008</td><td>payments due by period ( 1 ) 2009</td><td>payments due by period ( 1 ) 2010</td><td>payments due by period ( 1 ) thereafter</td></tr><tr><td>2</td><td>long-term debt obligations</td><td>$ 4033</td><td>$ 119</td><td>$ 1222</td><td>$ 200</td><td>$ 2</td><td>$ 529</td><td>$ 1961</td></tr><tr><td>3</td><td>lease obligations</td><td>1150</td><td>438</td><td>190</td><td>134</td><td>109</td><td>84</td><td>195</td></tr><tr><td>4</td><td>purchase obligations</td><td>992</td><td>418</td><td>28</td><td>3</td><td>2</td><td>2</td><td>539</td></tr><tr><td>5</td><td>total contractual obligations</td><td>$ 6175</td><td>$ 975</td><td>$ 1440</td><td>$ 337</td><td>$ 113</td><td>$ 615</td><td>$ 2695</td></tr></table> ( 1 ) amounts included represent firm , non-cancelable commitments . debt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 . a table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements . as previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 . also , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt . lease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases . at december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion . rental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 . purchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable . the longest of these agreements extends through 2015 . total payments expected to be made under these agreements total $ 992 million . commitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers . most of the agreements extend for periods of one to three years ( three to five years for software ) . however , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) . if the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders . the company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services . these contracts generally extend for 10 years and are expected to expire in 2013 . the total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated . termination would result in a penalty substantially less than the annual contract payments . the company would also be required to find another source for these services , including the possibility of performing them in-house . as is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment . these instruments normally have maturities of up to three years and are standard in the .\nQuestion: what is the net change in the total contractual obligations due from 2006 to 2010?\nAnswer: 360.0\nQuestion: what about the amount of total contractual obligations due in 2006?\nAnswer: 975.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.36923" } ]
CONVFINQA2913	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncosts . our 2012 results were lower than 2011 when we realized $ 53.1 million in premium-services margins and our storage and marketing margins consisted of $ 96.0 million from realized seasonal price differentials and marketing optimization activities , and $ 87.7 million of storage demand costs . in addition , we recognized a loss on the change in fair value of our nonqualifiying economic storage hedges of $ 1.0 million in 2012 compared with a gain of $ 8.5 million in 2011 . our premium services were impacted negatively by lower natural gas prices and decreased natural gas price volatility . the impact of our hedge strategies and the inability to hedge seasonal price differentials at levels that were available to us in the prior year significantly reduced our storage margins . we also experienced reduced opportunities to optimize our storage assets , which negatively impacted our marketing margins . we realized a loss in our transportation margins of $ 42.4 million in 2012 compared with a loss of $ 18.8 million in 2011 , due primarily to a $ 29.5 million decrease in transportation hedges . our transportation business continues to be impacted by narrow price location differentials and the inability to hedge at levels that were available to us in prior years . as a result of significant increases in the supply of natural gas , primarily from shale gas production across north america and new pipeline infrastructure projects , location and seasonal price differentials narrowed significantly beginning in 2010 and continuing through 2012 . this market change resulted in our transportation contracts being unprofitable impacting our ability to recover our fixed costs . operating costs decreased due primarily to lower employee-related expenses , which includes the impact of fewer employees . we also recognized an expense of $ 10.3 million related to the impairment of our goodwill in the first quarter 2012 . given the significant decline in natural gas prices and its effect on location and seasonal price differentials , we performed an interim impairment assessment in the first quarter 2012 that reduced our goodwill balance to zero . 2011 vs . 2010 - the factors discussed in energy services 2019 201cnarrative description of the business 201d included in item i , business , of this annual report have led to a significant decrease in net margin , including : 2022 a decrease of $ 65.3 million in transportation margins , net of hedging , due primarily to narrower location price differentials and lower hedge settlements in 2011 ; 2022 a decrease of $ 34.3 million in storage and marketing margins , net of hedging activities , due primarily to the following : 2013 lower realized seasonal storage price differentials ; offset partially by 2013 favorable marketing activity and unrealized fair value changes on nonqualifying economic storage hedges ; 2022 a decrease of $ 7.3 million in premium-services margins , associated primarily with the reduction in the value of the fees collected for these services as a result of low commodity prices and reduced natural gas price volatility in the first quarter 2011 compared with the first quarter 2010 ; and 2022 a decrease of $ 4.3 million in financial trading margins , as low natural gas prices and reduced natural gas price volatility limited our financial trading opportunities . additionally , our 2011 net margin includes $ 91.1 million in adjustments to natural gas inventory reflecting the lower of cost or market value . because of the adjustments to our inventory value , we reclassified $ 91.1 million of deferred gains on associated cash flow hedges into earnings . operating costs decreased due primarily to a decrease in ad valorem taxes . selected operating information - the following table sets forth certain selected operating information for our energy services segment for the periods indicated: . <table class='wikitable'><tr><td>1</td><td>operating information</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td><td>years ended december 31 , 2010</td></tr><tr><td>2</td><td>natural gas marketed ( bcf )</td><td>709</td><td>845</td><td>919</td></tr><tr><td>3</td><td>natural gas gross margin ( $ /mcf )</td><td>$ -0.07 ( 0.07 )</td><td>$ 0.06</td><td>$ 0.18</td></tr><tr><td>4</td><td>physically settled volumes ( bcf )</td><td>1433</td><td>1724</td><td>1874</td></tr></table> natural gas volumes marketed and physically settled volumes decreased in 2012 compared with 2011 due primarily to decreased marketing activities , lower transported volumes and reduced transportation capacity . the decrease in 2011 compared with 2010 was due primarily to lower volumes transported and reduced transportation capacity . transportation capacity in certain markets was not utilized due to the economics of the location price differentials as a result of increased supply of natural gas , primarily from shale production , and increased pipeline capacity as a result of new pipeline construction. .\nQuestion: what is the net change in the natural gas marketed from 2010 to 2011?\nAnswer: -74.0\nQuestion: what is the natural gas marketed in 2010?\n" }, { "role": "agent", "content": "919.0" } ]
CONVFINQA428	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in \"general and administrative expenses\" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .\nQuestion: what was the total compensation expense under the stock plan in the year of 2016?\nAnswer: 12.2\nQuestion: ad what was it for 2015?\nAnswer: 6.9\nQuestion: how much, then, did the 2016 amount represent in relation to the 2015 one?\nAnswer: 1.76812\nQuestion: and what is this value without the portion equivalent to the 2015 expense?\nAnswer: 0.76812\nQuestion: and in the subsequent year of this period, what was the weighted average grant date fair value per share of restricted stock?\nAnswer: 84.53\nQuestion: what was it in 2016?\nAnswer: 73.2\nQuestion: by how much, then, did it increase over the year?\n" }, { "role": "agent", "content": "11.33" } ]
CONVFINQA9748	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 . the graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2007 and that all dividends were reinvested . purchases of equity securities 2013 during 2012 , we repurchased 13804709 shares of our common stock at an average price of $ 115.33 . the following table presents common stock repurchases during each month for the fourth quarter of 2012 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number ofsharespurchased [a]</td><td>averageprice paidper share</td><td>total number of sharespurchased as part of apublicly announced planor program [b]</td><td>maximum number ofshares that may yetbe purchased under the planor program [b]</td></tr><tr><td>2</td><td>oct . 1 through oct . 31</td><td>1068414</td><td>121.70</td><td>1028300</td><td>16041399</td></tr><tr><td>3</td><td>nov . 1 through nov . 30</td><td>659631</td><td>120.84</td><td>655000</td><td>15386399</td></tr><tr><td>4</td><td>dec . 1 through dec . 31</td><td>411683</td><td>124.58</td><td>350450</td><td>15035949</td></tr><tr><td>5</td><td>total</td><td>2139728</td><td>$ 121.99</td><td>2033750</td><td>n/a</td></tr></table> [a] total number of shares purchased during the quarter includes approximately 105978 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares . [b] on april 1 , 2011 , our board of directors authorized the repurchase of up to 40 million shares of our common stock by march 31 , 2014 . these repurchases may be made on the open market or through other transactions . our management has sole discretion with respect to determining the timing and amount of these transactions. .\nQuestion: what was the number of shares authorized for repurchase?\nAnswer: 40.0\nQuestion: what is that times 1000000?\n" }, { "role": "agent", "content": "40000000.0" } ]
CONVFINQA5395	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 sumitomo mitsui financial group , inc . ( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) . the notional amount of such loan commitments was $ 29.24 billion and $ 32.41 billion as of december 2013 and december 2012 , respectively . the credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million . in addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 870 million and $ 300 million of protection had been provided as of december 2013 and december 2012 , respectively . the firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg . these instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index . warehouse financing . the firm provides financing to clients who warehouse financial assets . these arrangements are secured by the warehoused assets , primarily consisting of corporate loans and commercial mortgage loans . contingent and forward starting resale and securities borrowing agreements/forward starting repurchase and secured lending agreements the firm enters into resale and securities borrowing agreements and repurchase and secured lending agreements that settle at a future date , generally within three business days . the firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements . the firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused . investment commitments the firm 2019s investment commitments consist of commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages . these commitments include $ 659 million and $ 872 million as of december 2013 and december 2012 , respectively , related to real estate private investments and $ 6.46 billion and $ 6.47 billion as of december 2013 and december 2012 , respectively , related to corporate and other private investments . of these amounts , $ 5.48 billion and $ 6.21 billion as of december 2013 and december 2012 , respectively , relate to commitments to invest in funds managed by the firm . if these commitments are called , they would be funded at market value on the date of investment . leases the firm has contractual obligations under long-term noncancelable lease agreements , principally for office space , expiring on various dates through 2069 . certain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges . the table below presents future minimum rental payments , net of minimum sublease rentals . in millions december 2013 . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>as of december 2013</td></tr><tr><td>2</td><td>2014</td><td>$ 387</td></tr><tr><td>3</td><td>2015</td><td>340</td></tr><tr><td>4</td><td>2016</td><td>280</td></tr><tr><td>5</td><td>2017</td><td>271</td></tr><tr><td>6</td><td>2018</td><td>222</td></tr><tr><td>7</td><td>2019 - thereafter</td><td>1195</td></tr><tr><td>8</td><td>total</td><td>$ 2695</td></tr></table> rent charged to operating expense was $ 324 million for 2013 , $ 374 million for 2012 and $ 475 million for 2011 . operating leases include office space held in excess of current requirements . rent expense relating to space held for growth is included in 201coccupancy . 201d the firm records a liability , based on the fair value of the remaining lease rentals reduced by any potential or existing sublease rentals , for leases where the firm has ceased using the space and management has concluded that the firm will not derive any future economic benefits . costs to terminate a lease before the end of its term are recognized and measured at fair value on termination . contingencies legal proceedings . see note 27 for information about legal proceedings , including certain mortgage-related matters . certain mortgage-related contingencies . there are multiple areas of focus by regulators , governmental agencies and others within the mortgage market that may impact originators , issuers , servicers and investors . there remains significant uncertainty surrounding the nature and extent of any potential exposure for participants in this market . 182 goldman sachs 2013 annual report .\nQuestion: what was the sum of rent charged to operating expense for 2012 and 2013?\nAnswer: 698.0\nQuestion: what was the rent charged in 2011?\nAnswer: 475.0\nQuestion: what is the total rent for the 3 years?\n" }, { "role": "agent", "content": "1173.0" } ]
CONVFINQA690	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontinued investments in ecommerce and technology . the increase in operating expenses as a percentage of net sales for fiscal 2017 was partially offset by the impact of store closures in the fourth quarter of fiscal 2016 . membership and other income was relatively flat for fiscal 2018 and increased $ 1.0 billion a0for fiscal 2017 , when compared to the same period in the previous fiscal year . while fiscal 2018 included a $ 387 million gain from the sale of suburbia , a $ 47 million gain from a land sale , higher recycling income from our sustainability efforts and higher membership income from increased plus member penetration at sam's club , these gains were less than gains recognized in fiscal 2017 . fiscal 2017 included a $ 535 million gain from the sale of our yihaodian business and a $ 194 million gain from the sale of shopping malls in chile . for fiscal 2018 , loss on extinguishment of debt was a0$ 3.1 billion , due to the early extinguishment of long-term debt which allowed us to retire higher rate debt to reduce interest expense in future periods . our effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 . although relatively consistent year-over-year , our effective income tax rate may fluctuate from period to period as a result of factors including changes in our assessment of certain tax contingencies , valuation allowances , changes in tax laws , outcomes of administrative audits , the impact of discrete items and the mix of earnings among our u.s . operations and international operations . the reconciliation from the u.s . statutory rate to the effective income tax rates for fiscal 2018 , 2017 and 2016 is presented in note 9 in the \"notes to consolidated financial statements\" and describes the impact of the enactment of the tax cuts and jobs act of 2017 ( the \"tax act\" ) to the fiscal 2018 effective income tax rate . as a result of the factors discussed above , we reported $ 10.5 billion and $ 14.3 billion of consolidated net income for fiscal 2018 and 2017 , respectively , which represents a decrease of $ 3.8 billion and $ 0.8 billion for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . diluted net income per common share attributable to walmart ( \"eps\" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively . walmart u.s . segment . <table class='wikitable'><tr><td>1</td><td>( amounts in millions except unit counts )</td><td>fiscal years ended january 31 , 2018</td><td>fiscal years ended january 31 , 2017</td><td>fiscal years ended january 31 , 2016</td></tr><tr><td>2</td><td>net sales</td><td>$ 318477</td><td>$ 307833</td><td>$ 298378</td></tr><tr><td>3</td><td>percentage change from comparable period</td><td>3.5% ( 3.5 % )</td><td>3.2% ( 3.2 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>4</td><td>calendar comparable sales increase</td><td>2.1% ( 2.1 % )</td><td>1.6% ( 1.6 % )</td><td>1.0% ( 1.0 % )</td></tr><tr><td>5</td><td>operating income</td><td>$ 17869</td><td>$ 17745</td><td>$ 19087</td></tr><tr><td>6</td><td>operating income as a percentage of net sales</td><td>5.6% ( 5.6 % )</td><td>5.8% ( 5.8 % )</td><td>6.4% ( 6.4 % )</td></tr><tr><td>7</td><td>unit counts at period end</td><td>4761</td><td>4672</td><td>4574</td></tr><tr><td>8</td><td>retail square feet at period end</td><td>705</td><td>699</td><td>690</td></tr></table> net sales for the walmart u.s . segment increased $ 10.6 billion or 3.5% ( 3.5 % ) and $ 9.5 billion or 3.2% ( 3.2 % ) for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . the increases in net sales were primarily due to increases in comparable store sales of 2.1% ( 2.1 % ) and 1.6% ( 1.6 % ) for fiscal 2018 and 2017 , respectively , and year-over-year growth in retail square feet of 0.7% ( 0.7 % ) and 1.4% ( 1.4 % ) for fiscal 2018 and 2017 , respectively . additionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase . gross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year . for fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce . partially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise . for fiscal 2017 , the increase in gross profit rate was primarily due to improved margin in food and consumables , including the impact of savings in procuring merchandise and lower transportation expense from lower fuel costs . operating expenses as a percentage of segment net sales was relatively flat for fiscal 2018 and increased 101 basis points for fiscal 2017 , when compared to the previous fiscal year . fiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively . for fiscal 2017 , the increase was primarily driven by an increase in wage expense due to the investment in the associate wage structure ; the charge related to discontinued real estate projects ; and investments in digital retail and technology . the increase in operating expenses as a percentage of segment net sales for fiscal 2017 was partially offset by the impact of store closures in fiscal 2016 . as a result of the factors discussed above , segment operating income increased $ 124 million for fiscal 2018 and decreased $ 1.3 billion for fiscal 2017 , respectively. .\nQuestion: what is the net change in value of u.s. segment sales for walmart from 2017 to 2018?\n" }, { "role": "agent", "content": "10644.0" } ]
CONVFINQA2781	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nentergy louisiana , llc management's financial discussion and analysis 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 942.1</td></tr><tr><td>3</td><td>base revenues</td><td>78.4</td></tr><tr><td>4</td><td>volume/weather</td><td>37.5</td></tr><tr><td>5</td><td>transmission revenue</td><td>9.2</td></tr><tr><td>6</td><td>purchased power capacity</td><td>-80.0 ( 80.0 )</td></tr><tr><td>7</td><td>other</td><td>3.9</td></tr><tr><td>8</td><td>2007 net revenue</td><td>$ 991.1</td></tr></table> the base revenues variance is primarily due to increases effective september 2006 for the 2005 formula rate plan filing to recover lpsc-approved incremental deferred and ongoing capacity costs . see \"state and local rate regulation\" below and note 2 to the financial statements for a discussion of the formula rate plan filing . the volume/weather variance is due to increased electricity usage , including electricity sales during the unbilled service period . billed retail electricity usage increased a total of 666 gwh in all sectors compared to 2006 . see \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is primarily due to higher rates . the purchased power capacity variance is primarily due to higher purchased power capacity charges and the amortization of capacity charges effective september 2006 as a result of the formula rate plan filing in may 2006 . a portion of the purchased power capacity costs is offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges , as mentioned above . see \"state and local rate regulation\" below and note 2 to the financial statements for a discussion of the formula rate plan filing . gross operating revenues , fuel , purchased power expenses , and other regulatory charges ( credits ) gross operating revenues increased primarily due to : an increase of $ 143.1 million in fuel cost recovery revenues due to higher fuel rates and usage ; an increase of $ 78.4 million in base revenues , as discussed above ; and an increase of $ 37.5 million related to volume/weather , as discussed above . fuel and purchased power expenses increased primarily due to an increase in net area demand and an increase in deferred fuel expense as a result of higher fuel rates , as discussed above . other regulatory credits decreased primarily due to the deferral of capacity charges in 2006 in addition to the amortization of these capacity charges in 2007 as a result of the may 2006 formula rate plan filing ( for the 2005 test year ) with the lpsc to recover such costs through base rates effective september 2006 . see note 2 to the financial statements for a discussion of the formula rate plan and storm cost recovery filings with the lpsc. .\nQuestion: what was the 2007 net revenue?\nAnswer: 991.1\nQuestion: and for 2006?\n" }, { "role": "agent", "content": "942.1" } ]
CONVFINQA3477	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 difference between the net sales and the operating profit in 2010?\nAnswer: 7274.0\nQuestion: and what were the net sales in 2009?\nAnswer: 8654.0\nQuestion: and what was the operating profit in that year?\nAnswer: 972.0\nQuestion: what is, then, the difference between the net sales and the operating profit in that year?\nAnswer: 7682.0\nQuestion: and what is the change in that difference from 2009 to 2010?\nAnswer: -408.0\nQuestion: how much does this change represent in relation to the 2009 difference?\n" }, { "role": "agent", "content": "-0.05311" } ]
CONVFINQA606	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nperiod . the discount reflects our incremental borrowing rate , which matches the lifetime of the liability . significant changes in the discount rate selected or the estimations of sublease income in the case of leases could impact the amounts recorded . other associated costs with restructuring activities we recognize other costs associated with restructuring activities as they are incurred , including moving costs and consulting and legal fees . pensions we sponsor defined benefit pension plans throughout the world . our most significant plans are located in the u.s. , the u.k. , the netherlands and canada . our significant u.s. , u.k . and canadian pension plans are closed to new entrants . we have ceased crediting future benefits relating to salary and service for our u.s. , u.k . and canadian plans . recognition of gains and losses and prior service certain changes in the value of the obligation and in the value of plan assets , which may occur due to various factors such as changes in the discount rate and actuarial assumptions , actual demographic experience and/or plan asset performance are not immediately recognized in net income . such changes are recognized in other comprehensive income and are amortized into net income as part of the net periodic benefit cost . unrecognized gains and losses that have been deferred in other comprehensive income , as previously described , are amortized into compensation and benefits expense as a component of periodic pension expense based on the average expected future service of active employees for our plans in the netherlands and canada , or the average life expectancy of the u.s . and u.k . plan members . after the effective date of the plan amendments to cease crediting future benefits relating to service , unrecognized gains and losses are also be based on the average life expectancy of members in the canadian plans . we amortize any prior service expense or credits that arise as a result of plan changes over a period consistent with the amortization of gains and losses . as of december 31 , 2013 , our pension plans have deferred losses that have not yet been recognized through income in the consolidated financial statements . we amortize unrecognized actuarial losses outside of a corridor , which is defined as 10% ( 10 % ) of the greater of market-related value of plan assets or projected benefit obligation . to the extent not offset by future gains , incremental amortization as calculated above will continue to affect future pension expense similarly until fully amortized . the following table discloses our combined experience loss , the number of years over which we are amortizing the experience loss , and the estimated 2014 amortization of loss by country ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.k .</td><td>u.s .</td><td>other</td></tr><tr><td>2</td><td>combined experience loss</td><td>$ 2012</td><td>$ 1219</td><td>$ 402</td></tr><tr><td>3</td><td>amortization period ( in years )</td><td>29</td><td>26</td><td>11 - 23</td></tr><tr><td>4</td><td>estimated 2014 amortization of loss</td><td>$ 53</td><td>$ 44</td><td>$ 10</td></tr></table> the unrecognized prior service cost at december 31 , 2013 was $ 27 million in the u.k . and other plans . for the u.s . pension plans we use a market-related valuation of assets approach to determine the expected return on assets , which is a component of net periodic benefit cost recognized in the consolidated statements of income . this approach recognizes 20% ( 20 % ) of any gains or losses in the current year's value of market-related assets , with the remaining 80% ( 80 % ) spread over the next four years . as this approach recognizes gains or losses over a five-year period , the future value of assets and therefore , our net periodic benefit cost will be impacted as previously deferred gains or losses are recorded . as of december 31 , 2013 , the market-related value of assets was $ 1.8 billion . we do not use the market-related valuation approach to determine the funded status of the u.s . plans recorded in the consolidated statements of financial position . instead , we record and present the funded status in the consolidated statements of financial position based on the fair value of the plan assets . as of december 31 , 2013 , the fair value of plan assets was $ 1.9 billion . our non-u.s . plans use fair value to determine expected return on assets. .\nQuestion: what is the combined experience loss for uk and us?\nAnswer: 3231.0\nQuestion: what about if other is included?\nAnswer: 3633.0\nQuestion: what is the fair value of plan assets?\nAnswer: 1.9\nQuestion: what about the market-related value of assets?\nAnswer: 1.8\nQuestion: what fraction does this represent?\n" }, { "role": "agent", "content": "1.05556" } ]
CONVFINQA6745	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncredit agency ratings our long-term debt credit ratings as of february 16 , 2007 were ba3 with negative outlook , b creditwatch negative and b with negative outlook , as reported by moody 2019s investors service , standard & poor 2019s and fitch ratings , respectively . a downgrade in our credit ratings could adversely affect our ability to access capital and could result in more stringent covenants and higher interest rates under the terms of any new indebtedness . contractual obligations the following summarizes our estimated contractual obligations at december 31 , 2006 , and their effect on our liquidity and cash flow in future periods: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2008</td><td>2009</td><td>2010</td><td>2011</td><td>thereafter</td><td>total</td></tr><tr><td>2</td><td>long-term debt1</td><td>$ 2.6</td><td>$ 2.8</td><td>$ 257.0</td><td>$ 240.9</td><td>$ 500.0</td><td>$ 1247.9</td><td>$ 2251.2</td></tr><tr><td>3</td><td>interest payments</td><td>122.0</td><td>116.1</td><td>107.1</td><td>93.6</td><td>75.1</td><td>74.1</td><td>588.0</td></tr><tr><td>4</td><td>non-cancelable operating lease obligations</td><td>292.3</td><td>265.2</td><td>237.4</td><td>207.9</td><td>181.9</td><td>861.2</td><td>2045.9</td></tr><tr><td>5</td><td>contingent acquisition payments2</td><td>47.2</td><td>34.2</td><td>20.8</td><td>2.5</td><td>2.0</td><td>3.1</td><td>109.8</td></tr></table> contingent acquisition payments 2 47.2 34.2 20.8 2.5 2.0 3.1 109.8 1 holders of our $ 400.0 4.50% ( 4.50 % ) notes may require us to repurchase their notes for cash at par in march 2008 . these notes will mature in 2023 if not converted or repurchased . 2 we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity . all payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revisions as the earn-out periods progress . see note 18 to the consolidated financial statements for further information . we have not included obligations under our pension and postretirement benefit plans in the contractual obligations table . our funding policy regarding our funded pension plan is to contribute amounts necessary to satisfy minimum pension funding requirements plus such additional amounts from time to time as are determined to be appropriate to improve the plans 2019 funded status . the funded status of our pension plans is dependent upon many factors , including returns on invested assets , level of market interest rates and levels of voluntary contributions to the plans . declines in long-term interest rates have had a negative impact on the funded status of the plans . for 2007 , we do not expect to contribute to our domestic pension plans , and expect to contribute $ 20.6 to our foreign pension plans . we have not included our deferred tax obligations in the contractual obligations table as the timing of any future payments in relation to these obligations is uncertain . derivatives and hedging activities we periodically enter into interest rate swap agreements and forward contracts to manage exposure to interest rate fluctuations and to mitigate foreign exchange volatility . in may of 2005 , we terminated all of our long-term interest rate swap agreements covering the $ 350.0 6.25% ( 6.25 % ) senior unsecured notes and $ 150.0 of the $ 500.0 7.25% ( 7.25 % ) senior unsecured notes . in connection with the interest rate swap termination , our net cash receipts were $ 1.1 , which is recorded as an offset to interest expense over the remaining life of the related debt . we have entered into foreign currency transactions in which various foreign currencies are bought or sold forward . these contracts were entered into to meet currency requirements arising from specific transactions . the changes in value of these forward contracts have been recorded in other income or expense . as of december 31 , 2006 and 2005 , we had contracts covering $ 0.2 and $ 6.2 , respectively , of notional amount of currency and the fair value of the forward contracts was negligible . the terms of the 4.50% ( 4.50 % ) notes include two embedded derivative instruments and the terms of our 4.25% ( 4.25 % ) notes and our series b preferred stock each include one embedded derivative instrument . the fair value of these derivatives on december 31 , 2006 was negligible . the interpublic group of companies , inc . and subsidiaries management 2019s discussion and analysis of financial condition and results of operations 2014 ( continued ) ( amounts in millions , except per share amounts ) %%transmsg* transmitting job : y31000 pcn : 036000000 *%%pcmsg\|36 \|00005\|yes\|no\|02/28/2007 01:12\|0\|0\|page is valid , no graphics -- color : d\| .\nQuestion: what was the total in long-term debt and interest payments, combined, in 2007?\nAnswer: 124.6\nQuestion: and what was the amount in non-cancelable operating lease obligations in that same year?\nAnswer: 292.3\nQuestion: including this amount, what then becomes that total?\n" }, { "role": "agent", "content": "416.9" } ]
CONVFINQA9267	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 table below summarizes activity of rsus with performance conditions for the year ended december 31 , shares ( in thousands ) weighted average grant date fair value ( per share ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares ( in thousands )</td><td>weightedaverage grantdate fair value ( per share )</td></tr><tr><td>2</td><td>non-vested total as of december 31 2016</td><td>309</td><td>$ 55.94</td></tr><tr><td>3</td><td>granted</td><td>186</td><td>63.10</td></tr><tr><td>4</td><td>vested</td><td>-204 ( 204 )</td><td>46.10</td></tr><tr><td>5</td><td>forfeited</td><td>-10 ( 10 )</td><td>70.50</td></tr><tr><td>6</td><td>non-vested total as of december 31 2017</td><td>281</td><td>$ 67.33</td></tr></table> as of december 31 , 2017 , $ 6 million of total unrecognized compensation cost related to the nonvested rsus , with and without performance conditions , is expected to be recognized over the weighted-average remaining life of 1.5 years . the total fair value of rsus , with and without performance conditions , vested was $ 16 million , $ 14 million and $ 12 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . if dividends are paid with respect to shares of the company 2019s common stock before the rsus are distributed , the company credits a liability for the value of the dividends that would have been paid if the rsus were shares of company common stock . when the rsus are distributed , the company pays the participant a lump sum cash payment equal to the value of the dividend equivalents accrued . the company accrued dividend equivalents totaling less than $ 1 million , $ 1 million and $ 1 million to accumulated deficit in the accompanying consolidated statements of changes in stockholders 2019 equity for the years ended december 31 , 2017 , 2016 and 2015 , respectively . employee stock purchase plan the company maintains a nonqualified employee stock purchase plan ( the 201cespp 201d ) through which employee participants may use payroll deductions to acquire company common stock at the lesser of 90% ( 90 % ) of the fair market value of the common stock at either the beginning or the end of a three-month purchase period . on february 15 , 2017 , the board adopted the american water works company , inc . and its designated subsidiaries 2017 nonqualified employee stock purchase plan , which was approved by stockholders on may 12 , 2017 and took effect on august 5 , 2017 . the prior plan was terminated as to new purchases of company stock effective august 31 , 2017 . as of december 31 , 2017 , there were 2.0 million shares of common stock reserved for issuance under the espp . the espp is considered compensatory . during the years ended december 31 , 2017 , 2016 and 2015 , the company issued 93 thousand , 93 thousand and 98 thousand shares , respectively , under the espp. .\nQuestion: what was the total of granted shares, in thousands?\nAnswer: 186.0\nQuestion: and how much is that, not in thousands?\n" }, { "role": "agent", "content": "186000.0" } ]
CONVFINQA5328	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 8 2013 debt our long-term debt consisted of the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042</td><td>$ 5642</td><td>$ 5308</td></tr><tr><td>3</td><td>notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2013 to 2036</td><td>1080</td><td>1239</td></tr><tr><td>4</td><td>other debt</td><td>478</td><td>19</td></tr><tr><td>5</td><td>total long-term debt</td><td>7200</td><td>6966</td></tr><tr><td>6</td><td>less : unamortized discounts</td><td>-892 ( 892 )</td><td>-506 ( 506 )</td></tr><tr><td>7</td><td>total long-term debt net of unamortized discounts</td><td>6308</td><td>6460</td></tr><tr><td>8</td><td>less : current maturities of long-term debt</td><td>-150 ( 150 )</td><td>2014</td></tr><tr><td>9</td><td>total long-term debt net</td><td>$ 6158</td><td>$ 6460</td></tr></table> in december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) . in connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes . this premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method . we may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest . interest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 . the new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness . on september 9 , 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering consisting of $ 500 million maturing in 2016 with a fixed interest rate of 2.13% ( 2.13 % ) , $ 900 million maturing in 2021 with a fixed interest rate of 3.35% ( 3.35 % ) , and $ 600 million maturing in 2041 with a fixed interest rate of 4.85% ( 4.85 % ) . we may , at our option , redeem some or all of the notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest . interest on the notes is payable on march 15 and september 15 of each year , beginning on march 15 , 2012 . in october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 . in 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases . we paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net . in august 2011 , we entered into a $ 1.5 billion revolving credit facility with a group of banks and terminated our existing $ 1.5 billion revolving credit facility that was to expire in june 2012 . the credit facility expires august 2016 , and we may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million . there were no borrowings outstanding under either facility through december 31 , 2012 . borrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility . each bank 2019s obligation to make loans under the credit facility is subject to , among other things , our compliance with various representations , warranties and covenants , including covenants limiting our ability and certain of our subsidiaries 2019 ability to encumber assets and a covenant not to exceed a maximum leverage ratio , as defined in the credit facility . the leverage ratio covenant excludes the adjustments recognized in stockholders 2019 equity related to postretirement benefit plans . as of december 31 , 2012 , we were in compliance with all covenants contained in the credit facility , as well as in our debt agreements . we have agreements in place with banking institutions to provide for the issuance of commercial paper . there were no commercial paper borrowings outstanding during 2012 or 2011 . if we were to issue commercial paper , the borrowings would be supported by the credit facility . during the next five years , we have scheduled long-term debt maturities of $ 150 million due in 2013 and $ 952 million due in 2016 . interest payments were $ 378 million in 2012 , $ 326 million in 2011 , and $ 337 million in 2010. .\nQuestion: what were the interest payments in 2011?\nAnswer: 326.0\nQuestion: and what were they in 2010?\nAnswer: 337.0\nQuestion: what was, then, the change over the year?\nAnswer: -11.0\nQuestion: and how much does this change represent in relation to the 2010 interest payments, in percentage?\n" }, { "role": "agent", "content": "-0.03264" } ]
CONVFINQA8155	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nthe following is a reconciliation of the total amounts of unrecognized tax benefits for the year : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>unrecognized tax benefit 2014january 1 2008</td><td>$ 7928</td></tr><tr><td>2</td><td>ansoft unrecognized tax benefit 2014acquired july 31 2008</td><td>3525</td></tr><tr><td>3</td><td>gross increases 2014tax positions in prior period</td><td>2454</td></tr><tr><td>4</td><td>gross decreases 2014tax positions in prior period</td><td>-1572 ( 1572 )</td></tr><tr><td>5</td><td>gross increases 2014tax positions in current period</td><td>2255</td></tr><tr><td>6</td><td>reductions due to a lapse of the applicable statute of limitations</td><td>-1598 ( 1598 )</td></tr><tr><td>7</td><td>changes due to currency fluctuation</td><td>-259 ( 259 )</td></tr><tr><td>8</td><td>settlements</td><td>-317 ( 317 )</td></tr><tr><td>9</td><td>unrecognized tax benefit 2014december 31 2008</td><td>$ 12416</td></tr></table> included in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.6 million of tax benefits that , if recognized , would affect the effective tax rate . also included in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.0 million of tax benefits that , if recognized , would result in a decrease to goodwill recorded in purchase business combinations , and $ 1.9 million of tax benefits that , if recognized , would result in adjustments to other tax accounts , primarily deferred taxes . the company believes it is reasonably possible that uncertain tax positions of approximately $ 2.6 million as of december 31 , 2008 will be resolved within the next twelve months . the company recognizes interest and penalties related to unrecognized tax benefits as income tax expense . related to the uncertain tax benefits noted above , the company recorded interest of $ 171000 during 2008 . penalties recorded during 2008 were insignificant . in total , as of december 31 , 2008 , the company has recognized a liability for penalties of $ 498000 and interest of $ 1.8 million . the company is subject to taxation in the u.s . and various states and foreign jurisdictions . the company 2019s 2005 through 2008 tax years are open to examination by the internal revenue service . the 2005 and 2006 federal returns are currently under examination . the company also has various foreign subsidiaries with tax filings under examination , as well as numerous foreign and state tax filings subject to examination for various years . 10 . pension and profit-sharing plans the company has 401 ( k ) /profit-sharing plans for all qualifying full-time domestic employees that permit participants to make contributions by salary reduction pursuant to section 401 ( k ) of the internal revenue code . the company makes matching contributions on behalf of each eligible participant in an amount equal to 100% ( 100 % ) of the first 3% ( 3 % ) and an additional 25% ( 25 % ) of the next 5% ( 5 % ) , for a maximum total of 4.25% ( 4.25 % ) of the employee 2019s compensation . the company may make a discretionary profit sharing contribution in the amount of 0% ( 0 % ) to 5% ( 5 % ) based on the participant 2019s eligible compensation , provided the employee is employed at the end of the year and has worked at least 1000 hours . the qualifying domestic employees of the company 2019s ansoft subsidiary , acquired on july 31 , 2008 , also participate in a 401 ( k ) plan . there is no matching employer contribution associated with this plan . the company also maintains various defined contribution pension arrangements for its international employees . expenses related to the company 2019s retirement programs were $ 3.7 million in 2008 , $ 4.7 million in 2007 and $ 4.1 million in 2006 . 11 . non-compete and employment agreements employees of the company have signed agreements under which they have agreed not to disclose trade secrets or confidential information and , where legally permitted , that restrict engagement in or connection with any business that is competitive with the company anywhere in the world while employed by the company ( and .\nQuestion: what is the sum of the average expenses related to the company 2019s retirement program in 2008 and 2007?\nAnswer: 8.4\nQuestion: what is the total value including 2006?\n" }, { "role": "agent", "content": "12.5" } ]
CONVFINQA2851	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nvaluation techniques 2013 cash equivalents are mostly comprised of short-term money-market instruments and are valued at cost , which approximates fair value . u.s . equity securities and international equity securities categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year . for u.s . equity securities and international equity securities not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker , or investment manager . these securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor or categorized as level 3 if the custodian obtains uncorroborated quotes from a broker or investment manager . commingled equity funds are public investment vehicles valued using the net asset value ( nav ) provided by the fund manager . the nav is the total value of the fund divided by the number of shares outstanding . commingled equity funds are categorized as level 1 if traded at their nav on a nationally recognized securities exchange or categorized as level 2 if the nav is corroborated by observable market data ( e.g. , purchases or sales activity ) . fixed income securities categorized as level 2 are valued by the trustee using pricing models that use verifiable observable market data ( e.g . interest rates and yield curves observable at commonly quoted intervals ) , bids provided by brokers or dealers , or quoted prices of securities with similar characteristics . private equity funds , real estate funds , hedge funds , and fixed income securities categorized as level 3 are valued based on valuation models that include significant unobservable inputs and cannot be corroborated using verifiable observable market data . valuations for private equity funds and real estate funds are determined by the general partners , while hedge funds are valued by independent administrators . depending on the nature of the assets , the general partners or independent administrators use both the income and market approaches in their models . the market approach consists of analyzing market transactions for comparable assets while the income approach uses earnings or the net present value of estimated future cash flows adjusted for liquidity and other risk factors . commodities categorized as level 1 are traded on an active commodity exchange and are valued at their closing prices on the last trading day of the year . commodities categorized as level 2 represent shares in a commingled commodity fund valued using the nav , which is corroborated by observable market data . contributions and expected benefit payments we generally determine funding requirements for our defined benefit pension plans in a manner consistent with cas and internal revenue code rules . in 2012 , we made contributions of $ 3.6 billion related to our qualified defined benefit pension plans . we plan to make contributions of approximately $ 1.5 billion related to the qualified defined benefit pension plans in 2013 . in 2012 , we made contributions of $ 235 million related to our retiree medical and life insurance plans . we expect no required contributions related to the retiree medical and life insurance plans in 2013 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2012 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018 - 2022</td></tr><tr><td>2</td><td>qualified defined benefit pension plans</td><td>$ 1900</td><td>$ 1970</td><td>$ 2050</td><td>$ 2130</td><td>$ 2220</td><td>$ 12880</td></tr><tr><td>3</td><td>retiree medical and life insurance plans</td><td>200</td><td>210</td><td>220</td><td>220</td><td>220</td><td>1080</td></tr></table> defined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees . under the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents . our contributions were $ 380 million in 2012 , $ 378 million in 2011 , and $ 379 million in 2010 , the majority of which were funded in our common stock . our defined contribution plans held approximately 48.6 million and 52.1 million shares of our common stock as of december 31 , 2012 and 2011. .\nQuestion: what is the net change in value of contribution related to qualified defined benefit pension plans from 2012 to 2013?\nAnswer: -2.1\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "-0.58333" } ]
CONVFINQA8027	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 operating expenses our operating expenses are primarily influenced by compensation , headcount and levels of business activity . compensation and benefits includes salaries , discretionary compensation , amortization of equity awards and other items such as benefits . discretionary compensation is significantly impacted by , among other factors , the level of net revenues , overall financial performance , prevailing labor markets , business mix , the structure of our share- based compensation programs and the external environment . in addition , see 201cuse of estimates 201d for additional information about expenses that may arise from litigation and regulatory proceedings . the table below presents our operating expenses and total staff ( which includes employees , consultants and temporary staff ) . . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2015</td><td>year ended december 2014</td><td>year ended december 2013</td></tr><tr><td>2</td><td>compensation and benefits</td><td>$ 12678</td><td>$ 12691</td><td>$ 12613</td></tr><tr><td>3</td><td>brokerage clearing exchange anddistribution fees</td><td>2576</td><td>2501</td><td>2341</td></tr><tr><td>4</td><td>market development</td><td>557</td><td>549</td><td>541</td></tr><tr><td>5</td><td>communications and technology</td><td>806</td><td>779</td><td>776</td></tr><tr><td>6</td><td>depreciation and amortization</td><td>991</td><td>1337</td><td>1322</td></tr><tr><td>7</td><td>occupancy</td><td>772</td><td>827</td><td>839</td></tr><tr><td>8</td><td>professional fees</td><td>963</td><td>902</td><td>930</td></tr><tr><td>9</td><td>insurance reserves1</td><td>2014</td><td>2014</td><td>176</td></tr><tr><td>10</td><td>other expenses2</td><td>5699</td><td>2585</td><td>2931</td></tr><tr><td>11</td><td>total non-compensation expenses</td><td>12364</td><td>9480</td><td>9856</td></tr><tr><td>12</td><td>total operating expenses</td><td>$ 25042</td><td>$ 22171</td><td>$ 22469</td></tr><tr><td>13</td><td>total staff at period-end</td><td>36800</td><td>34000</td><td>32900</td></tr></table> 1 . consists of changes in reserves related to our americas reinsurance business , including interest credited to policyholder account balances , and expenses related to property catastrophe reinsurance claims . in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business . 2 . includes provisions of $ 3.37 billion recorded during 2015 for the agreement in principle with the rmbs working group . see note 27 to the consolidated financial statements for further information about this agreement in principle . 2015 versus 2014 . operating expenses on the consolidated statements of earnings were $ 25.04 billion for 2015 , 13% ( 13 % ) higher than 2014 . compensation and benefits expenses on the consolidated statements of earnings were $ 12.68 billion for 2015 , essentially unchanged compared with 2014 . the ratio of compensation and benefits to net revenues for 2015 was 37.5% ( 37.5 % ) compared with 36.8% ( 36.8 % ) for 2014 . total staff increased 8% ( 8 % ) during 2015 , primarily due to activity levels in certain businesses and continued investment in regulatory compliance . non-compensation expenses on the consolidated statements of earnings were $ 12.36 billion for 2015 , 30% ( 30 % ) higher than 2014 , due to significantly higher net provisions for mortgage-related litigation and regulatory matters , which are included in other expenses . this increase was partially offset by lower depreciation and amortization expenses , primarily reflecting lower impairment charges related to consolidated investments , and a reduction in expenses related to the sale of metro in the fourth quarter of 2014 . net provisions for litigation and regulatory proceedings for 2015 were $ 4.01 billion compared with $ 754 million for 2014 ( both primarily comprised of net provisions for mortgage-related matters ) . 2015 included a $ 148 million charitable contribution to goldman sachs gives , our donor-advised fund . compensation was reduced to fund this charitable contribution to goldman sachs gives . the firm asks its participating managing directors to make recommendations regarding potential charitable recipients for this contribution . 2014 versus 2013 . operating expenses on the consolidated statements of earnings were $ 22.17 billion for 2014 , essentially unchanged compared with 2013 . compensation and benefits expenses on the consolidated statements of earnings were $ 12.69 billion for 2014 , essentially unchanged compared with 2013 . the ratio of compensation and benefits to net revenues for 2014 was 36.8% ( 36.8 % ) compared with 36.9% ( 36.9 % ) for 2013 . total staff increased 3% ( 3 % ) during 2014 . non-compensation expenses on the consolidated statements of earnings were $ 9.48 billion for 2014 , 4% ( 4 % ) lower than 2013 . the decrease compared with 2013 included a decrease in other expenses , due to lower net provisions for litigation and regulatory proceedings and lower operating expenses related to consolidated investments , as well as a decline in insurance reserves , reflecting the sale of our americas reinsurance business in 2013 . these decreases were partially offset by an increase in brokerage , clearing , exchange and distribution fees . net provisions for litigation and regulatory proceedings for 2014 were $ 754 million compared with $ 962 million for 2013 ( both primarily comprised of net provisions for mortgage-related matters ) . 2014 included a charitable contribution of $ 137 million to goldman sachs gives , our donor-advised fund . compensation was reduced to fund this charitable contribution to goldman sachs gives . the firm asks its participating managing directors to make recommendations regarding potential charitable recipients for this contribution . 58 goldman sachs 2015 form 10-k .\nQuestion: what is the compensation and benefits value in 2015 times 1000000?\nAnswer: 12678000000.0\nQuestion: what was the number of total staff at the end of 2015?\n" }, { "role": "agent", "content": "36800.0" } ]
CONVFINQA10857	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nr&d expense increased 36% ( 36 % ) during 2011 compared to 2010 , it declined slightly as a percentage of net sales , due to the 66% ( 66 % ) year-over-year growth in the company 2019s net sales during 2011 . r&d expense increased 34% ( 34 % ) or $ 449 million to $ 1.8 billion in 2010 compared to 2009 . this increase was due primarily to an increase in headcount and related expenses in the current year to support expanded r&d activities . also contributing to this increase in r&d expense in 2010 was the capitalization in 2009 of software development costs of $ 71 million related to mac os x snow leopard . although total r&d expense increased 34% ( 34 % ) during 2010 , it declined as a percentage of net sales given the 52% ( 52 % ) year-over-year increase in net sales in the company continues to believe that focused investments in r&d are critical to its future growth and competitive position in the marketplace and are directly related to timely development of new and enhanced products that are central to the company 2019s core business strategy . as such , the company expects to make further investments in r&d to remain competitive . selling , general and administrative expense ( 201csg&a 201d ) sg&a expense increased $ 2.1 billion or 38% ( 38 % ) to $ 7.6 billion during 2011 compared to 2010 . this increase was due primarily to the company 2019s continued expansion of its retail segment , increased headcount and related costs , higher spending on professional services and marketing and advertising programs , and increased variable costs associated with the overall growth of the company 2019s net sales . sg&a expense increased $ 1.4 billion or 33% ( 33 % ) to $ 5.5 billion in 2010 compared to 2009 . this increase was due primarily to the company 2019s continued expansion of its retail segment , higher spending on marketing and advertising programs , increased share-based compensation expenses and variable costs associated with the overall growth of the company 2019s net sales . other income and expense other income and expense for the three years ended september 24 , 2011 , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>interest and dividend income</td><td>$ 519</td><td>$ 311</td><td>$ 407</td></tr><tr><td>3</td><td>other expense net</td><td>-104 ( 104 )</td><td>-156 ( 156 )</td><td>-81 ( 81 )</td></tr><tr><td>4</td><td>total other income and expense</td><td>$ 415</td><td>$ 155</td><td>$ 326</td></tr></table> total other income and expense increased $ 260 million or 168% ( 168 % ) to $ 415 million during 2011 compared to $ 155 million and $ 326 million in 2010 and 2009 , respectively . the year-over-year increase in other income and expense during 2011 was due primarily to higher interest income and net realized gains on sales of marketable securities . the overall decrease in other income and expense in 2010 compared to 2009 was attributable to the significant declines in interest rates on a year-over-year basis , partially offset by the company 2019s higher cash , cash equivalents and marketable securities balances . additionally the company incurred higher premium expenses on its foreign exchange option contracts , which further reduced the total other income and expense . the weighted average interest rate earned by the company on its cash , cash equivalents and marketable securities was 0.77% ( 0.77 % ) , 0.75% ( 0.75 % ) and 1.43% ( 1.43 % ) during 2011 , 2010 and 2009 , respectively . during 2011 , 2010 and 2009 , the company had no debt outstanding and accordingly did not incur any related interest expense . provision for income taxes the company 2019s effective tax rates were approximately 24.2% ( 24.2 % ) , 24.4% ( 24.4 % ) and 31.8% ( 31.8 % ) for 2011 , 2010 and 2009 , respectively . the company 2019s effective rates for these periods differ from the statutory federal income tax rate of .\nQuestion: what was the interest and dividend income in 2011?\nAnswer: 519.0\nQuestion: and what was the total other income in that year?\nAnswer: 415.0\nQuestion: what percentage, then, did the interest and dividend income represent in relation to this one?\nAnswer: 1.2506\nQuestion: and what was this percentage representation in the previous year?\n" }, { "role": "agent", "content": "2.00645" } ]
CONVFINQA10303	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 fuel and purchased power expenses increased primarily due to increased recovery of deferred fuel and purchased power costs primarily due to an increase in april 2004 in the energy cost recovery rider and the true-ups to the 2003 and 2002 energy cost recovery rider filings . other regulatory credits decreased primarily due to the over-recovery of grand gulf costs due to an increase in the grand gulf rider effective january 2004 . 2003 compared to 2002 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2003 to 2002. . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in millions )</td></tr><tr><td>2</td><td>2002 net revenue</td><td>$ 1095.9</td></tr><tr><td>3</td><td>march 2002 settlement agreement</td><td>-154.0 ( 154.0 )</td></tr><tr><td>4</td><td>volume/weather</td><td>-7.7 ( 7.7 )</td></tr><tr><td>5</td><td>asset retirement obligation</td><td>30.1</td></tr><tr><td>6</td><td>net wholesale revenue</td><td>16.6</td></tr><tr><td>7</td><td>deferred fuel cost revisions</td><td>10.2</td></tr><tr><td>8</td><td>other</td><td>7.6</td></tr><tr><td>9</td><td>2003 net revenue</td><td>$ 998.7</td></tr></table> the march 2002 settlement agreement resolved a request for recovery of ice storm costs incurred in december 2000 with an offset of those costs for funds contributed to pay for future stranded costs . a 1997 settlement provided for the collection of earnings in excess of an 11% ( 11 % ) return on equity in a transition cost account ( tca ) to offset stranded costs if retail open access were implemented . in mid- and late december 2000 , two separate ice storms left 226000 and 212500 entergy arkansas customers , respectively , without electric power in its service area . entergy arkansas filed a proposal to recover costs plus carrying charges associated with power restoration caused by the ice storms . entergy arkansas' final storm damage cost determination reflected costs of approximately $ 195 million . the apsc approved a settlement agreement submitted in march 2002 by entergy arkansas , the apsc staff , and the arkansas attorney general . in the march 2002 settlement , the parties agreed that $ 153 million of the ice storm costs would be classified as incremental ice storm expenses that can be offset against the tca on a rate class basis , and any excess of ice storm costs over the amount available in the tca would be deferred and amortized over 30 years , although such excess costs were not allowed to be included as a separate component of rate base . the allocated ice storm expenses exceeded the available tca funds by $ 15.8 million which was recorded as a regulatory asset in june 2002 . in accordance with the settlement agreement and following the apsc's approval of the 2001 earnings review related to the tca , entergy arkansas filed to return $ 18.1 million of the tca to certain large general service class customers that paid more into the tca than their allocation of storm costs . the apsc approved the return of funds to the large general service customer class in the form of refund checks in august 2002 . as part of the implementation of the march 2002 settlement agreement provisions , the tca procedure ceased with the 2001 earnings evaluation . of the remaining ice storm costs , $ 32.2 million was addressed through established ratemaking procedures , including $ 22.2 million classified as capital additions , while $ 3.8 million of the ice storm costs was not recovered through rates . the effect on net income of the march 2002 settlement agreement and 2001 earnings review was a $ 2.2 million increase in 2003 , because the decrease in net revenue was offset by the decrease in operation and maintenance expenses discussed below. .\nQuestion: what is the net change in net revenue from 2002 to 2003?\nAnswer: -97.2\nQuestion: what is the net revenue in 2002?\nAnswer: 1095.9\nQuestion: what growth rate does this represent?\nAnswer: -0.08869\nQuestion: what is the damage cost related to the storm in 2002?\nAnswer: 195.0\nQuestion: what percentage of total revenue in 2002 does this represent?\n" }, { "role": "agent", "content": "0.17794" } ]
CONVFINQA9043	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 sensitivity measures certain portfolios and individual positions are not included in var because var is not the most appropriate risk measure . other sensitivity measures we use to analyze market risk are described below . 10% ( 10 % ) sensitivity measures . the table below presents market risk for inventory positions that are not included in var . the market risk of these positions is determined by estimating the potential reduction in net revenues of a 10% ( 10 % ) decline in the underlying asset value . equity positions below relate to private and restricted public equity securities , including interests in funds that invest in corporate equities and real estate and interests in hedge funds , which are included in 201cfinancial instruments owned , at fair value . 201d debt positions include interests in funds that invest in corporate mezzanine and senior debt instruments , loans backed by commercial and residential real estate , corporate bank loans and other corporate debt , including acquired portfolios of distressed loans . these debt positions are included in 201cfinancial instruments owned , at fair value . 201d see note 6 to the consolidated financial statements for further information about cash instruments . these measures do not reflect diversification benefits across asset categories or across other market risk measures . asset categories 10% ( 10 % ) sensitivity amount as of december in millions 2013 2012 equity 1 $ 2256 $ 2471 . <table class='wikitable'><tr><td>1</td><td>asset categories</td><td>asset categories</td><td>-</td></tr><tr><td>2</td><td>in millions</td><td>2013</td><td>2012</td></tr><tr><td>3</td><td>equity1</td><td>$ 2256</td><td>$ 2471</td></tr><tr><td>4</td><td>debt</td><td>1522</td><td>1676</td></tr><tr><td>5</td><td>total</td><td>$ 3778</td><td>$ 4147</td></tr></table> 1 . december 2012 includes $ 208 million related to our investment in the ordinary shares of icbc , which was sold in the first half of 2013 . credit spread sensitivity on derivatives and borrowings . var excludes the impact of changes in counterparty and our own credit spreads on derivatives as well as changes in our own credit spreads on unsecured borrowings for which the fair value option was elected . the estimated sensitivity to a one basis point increase in credit spreads ( counterparty and our own ) on derivatives was a gain of $ 4 million and $ 3 million ( including hedges ) as of december 2013 and december 2012 , respectively . in addition , the estimated sensitivity to a one basis point increase in our own credit spreads on unsecured borrowings for which the fair value option was elected was a gain of $ 8 million and $ 7 million ( including hedges ) as of december 2013 and december 2012 , respectively . however , the actual net impact of a change in our own credit spreads is also affected by the liquidity , duration and convexity ( as the sensitivity is not linear to changes in yields ) of those unsecured borrowings for which the fair value option was elected , as well as the relative performance of any hedges undertaken . interest rate sensitivity . as of december 2013 and december 2012 , the firm had $ 14.90 billion and $ 6.50 billion , respectively , of loans held for investment which were accounted for at amortized cost and included in 201creceivables from customers and counterparties , 201d substantially all of which had floating interest rates . as of december 2013 and december 2012 , the estimated sensitivity to a 100 basis point increase in interest rates on such loans was $ 136 million and $ 62 million , respectively , of additional interest income over a 12-month period , which does not take into account the potential impact of an increase in costs to fund such loans . see note 8 to the consolidated financial statements for further information about loans held for investment . goldman sachs 2013 annual report 95 .\nQuestion: what is the sum of 4 and 3?\nAnswer: 7.0\nQuestion: what is that divided by 2?\n" }, { "role": "agent", "content": "3.5" } ]
CONVFINQA1425	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndetermined that it will primarily be subject to the ietu in future periods , and as such it has recorded tax expense of approximately $ 20 million in 2007 for the deferred tax effects of the new ietu system . as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 . of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation . the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 . this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards . the company also had foreign net operating loss carryforwards as of december 31 , 2007 of approximately $ 564 million for canada , germany , mexico and other foreign jurisdictions with various expiration dates . net operating losses in canada have various carryforward periods and began expiring in 2007 . net operating losses in germany have no expiration date . net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 . however , these losses are not available for use under the new ietu tax regulations in mexico . as the ietu is the primary system upon which the company will be subject to tax in future periods , no deferred tax asset has been reflected in the balance sheet as of december 31 , 2007 for these income tax loss carryforwards . the company adopted the provisions of fin 48 effective january 1 , 2007 . fin 48 clarifies the accounting for income taxes by prescribing a minimum recognition threshold a tax benefit is required to meet before being recognized in the financial statements . fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition . as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million . in addition , certain tax liabilities for unrecognized tax benefits , as well as related potential penalties and interest , were reclassified from current liabilities to long-term liabilities . liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2007 ( in $ millions )</td></tr><tr><td>2</td><td>balance as of january 1 2007</td><td>193</td></tr><tr><td>3</td><td>increases in tax positions for the current year</td><td>2</td></tr><tr><td>4</td><td>increases in tax positions for prior years</td><td>28</td></tr><tr><td>5</td><td>decreases in tax positions of prior years</td><td>-21 ( 21 )</td></tr><tr><td>6</td><td>settlements</td><td>-2 ( 2 )</td></tr><tr><td>7</td><td>balance as of december 31 2007</td><td>200</td></tr></table> included in the unrecognized tax benefits of $ 200 million as of december 31 , 2007 is $ 56 million of tax benefits that , if recognized , would reduce the company 2019s effective tax rate . the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes . as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties . this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 . the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore . examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 . during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 . the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million . the company 2019s celanese corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) %%transmsg* transmitting job : y48011 pcn : 122000000 *%%pcmsg\|f-49 \|00023\|yes\|no\|02/26/2008 22:07\|0\|0\|page is valid , no graphics -- color : d\| .\nQuestion: what is the balance of unrecognized tax benefits at the end of 2007?\nAnswer: 200.0\nQuestion: what about at the beginning of 2007?\nAnswer: 193.0\nQuestion: what is the net change?\nAnswer: 7.0\nQuestion: what percentage change does this represent?\nAnswer: 0.03627\nQuestion: what amount of tax benefit would affect the effective tax rate if it is recognized?\nAnswer: 56.0\nQuestion: what portion of the end year balance does this represent?\n" }, { "role": "agent", "content": "0.28" } ]
CONVFINQA7875	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncontributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules . there were no contributions to our legacy qualified defined benefit pension plans during 2016 . we do not plan to make contributions to our legacy pension plans in 2017 because none are required using current assumptions including investment returns on plan assets . we made $ 23 million in contributions during 2016 to our newly established sikorsky pension plan and expect to make $ 45 million in contributions to this plan during 2017 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022 2013 2026</td></tr><tr><td>2</td><td>qualified defined benefit pension plans</td><td>$ 2260</td><td>$ 2340</td><td>$ 2420</td><td>$ 2510</td><td>$ 2590</td><td>$ 13920</td></tr><tr><td>3</td><td>retiree medical and life insurance plans</td><td>180</td><td>180</td><td>190</td><td>190</td><td>190</td><td>870</td></tr></table> defined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees . under the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents . our contributions were $ 617 million in 2016 , $ 393 million in 2015 and $ 385 million in 2014 , the majority of which were funded in our common stock . our defined contribution plans held approximately 36.9 million and 40.0 million shares of our common stock as of december 31 , 2016 and 2015 . note 12 2013 stockholders 2019 equity at december 31 , 2016 and 2015 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock . of the 290 million shares of common stock issued and outstanding as of december 31 , 2016 , 289 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . of the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . no shares of preferred stock were issued and outstanding at december 31 , 2016 or 2015 . repurchases of common stock during 2016 , we repurchased 8.9 million shares of our common stock for $ 2.1 billion . during 2015 and 2014 , we paid $ 3.1 billion and $ 1.9 billion to repurchase 15.2 million and 11.5 million shares of our common stock . on september 22 , 2016 , our board of directors approved a $ 2.0 billion increase to our share repurchase program . inclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.5 billion as of december 31 , 2016 . as we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital . due to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 1.7 billion and $ 2.4 billion recorded as a reduction of retained earnings in 2016 and 2015 . we paid dividends totaling $ 2.0 billion ( $ 6.77 per share ) in 2016 , $ 1.9 billion ( $ 6.15 per share ) in 2015 and $ 1.8 billion ( $ 5.49 per share ) in 2014 . we have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2016 . we declared quarterly dividends of $ 1.65 per share during each of the first three quarters of 2016 and $ 1.82 per share during the fourth quarter of 2016 ; $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; and $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014. .\nQuestion: what was the total dividends paid in 2016?\nAnswer: 2.0\nQuestion: and converted to thousands?\n" }, { "role": "agent", "content": "2000.0" } ]
CONVFINQA652	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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: what was the value of total federal net operating loss carryforwards?\nAnswer: 1197607.0\nQuestion: and for the state?\nAnswer: 1188003.0\nQuestion: combined, what is the total for these two values?\nAnswer: 2385610.0\nQuestion: and the amount for foreign?\nAnswer: 98424.0\nQuestion: what is the total carryforwards for all regions?\n" }, { "role": "agent", "content": "2484034.0" } ]
CONVFINQA7747	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 details the impairment charge resulting from our review ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended may 31 2009</td></tr><tr><td>2</td><td>goodwill</td><td>$ 136800</td></tr><tr><td>3</td><td>trademark</td><td>10000</td></tr><tr><td>4</td><td>other long-lived assets</td><td>864</td></tr><tr><td>5</td><td>total</td><td>$ 147664</td></tr></table> net income attributable to noncontrolling interests , net of tax noncontrolling interest , net of tax increased $ 28.9 million from $ 8.1 million fiscal 2008 . the increase was primarily related to our acquisition of a 51% ( 51 % ) majority interest in hsbc merchant services , llp on june 30 , net income attributable to global payments and diluted earnings per share during fiscal 2009 we reported net income of $ 37.2 million ( $ 0.46 diluted earnings per share ) . liquidity and capital resources a significant portion of our liquidity comes from operating cash flows , which are generally sufficient to fund operations , planned capital expenditures , debt service and various strategic investments in our business . cash flow from operations is used to make planned capital investments in our business , to pursue acquisitions that meet our corporate objectives , to pay dividends , and to pay off debt and repurchase our shares at the discretion of our board of directors . accumulated cash balances are invested in high-quality and marketable short term instruments . our capital plan objectives are to support the company 2019s operational needs and strategic plan for long term growth while maintaining a low cost of capital . lines of credit are used in certain of our markets to fund settlement and as a source of working capital and , along with other bank financing , to fund acquisitions . we regularly evaluate our liquidity and capital position relative to cash requirements , and we may elect to raise additional funds in the future , either through the issuance of debt , equity or otherwise . at may 31 , 2010 , we had cash and cash equivalents totaling $ 769.9 million . of this amount , we consider $ 268.1 million to be available cash , which generally excludes settlement related and merchant reserve cash balances . settlement related cash balances represent surplus funds that we hold on behalf of our member sponsors when the incoming amount from the card networks precedes the member sponsors 2019 funding obligation to the merchant . merchant reserve cash balances represent funds collected from our merchants that serve as collateral ( 201cmerchant reserves 201d ) to minimize contingent liabilities associated with any losses that may occur under the merchant agreement . at may 31 , 2010 , our cash and cash equivalents included $ 199.4 million related to merchant reserves . while this cash is not restricted in its use , we believe that designating this cash to collateralize merchant reserves strengthens our fiduciary standing with our member sponsors and is in accordance with the guidelines set by the card networks . see cash and cash equivalents and settlement processing assets and obligations under note 1 in the notes to the consolidated financial statements for additional details . net cash provided by operating activities increased $ 82.8 million to $ 465.8 million for fiscal 2010 from the prior year . income from continuing operations increased $ 16.0 million and we had cash provided by changes in working capital of $ 60.2 million . the working capital change was primarily due to the change in net settlement processing assets and obligations of $ 80.3 million and the change in accounts receivable of $ 13.4 million , partially offset by the change .\nQuestion: as of may 31, 2009, how much did the goodwill amount represent in relation to the total impairment charge?\nAnswer: 0.92643\nQuestion: and in that year, what was the net income attributable to noncontrolling interests , net of tax noncontrolling interest , net of tax?\nAnswer: 28.9\nQuestion: what was it in 2008?\nAnswer: 8.1\nQuestion: what was, then, the change over the year?\nAnswer: 20.8\nQuestion: and what is this change as a percentage of the 2008 net income?\n" }, { "role": "agent", "content": "2.5679" } ]
CONVFINQA7303	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) \| 72 snap-on incorporated following is a reconciliation of the beginning and ending amount of unrecognized tax benefits : ( amounts in millions ) amount . <table class='wikitable'><tr><td>1</td><td>( amounts in millions )</td><td>amount</td></tr><tr><td>2</td><td>unrecognized tax benefits as of december 31 2006</td><td>$ 21.3</td></tr><tr><td>3</td><td>gross increases 2013 tax positions in prior periods</td><td>0.5</td></tr><tr><td>4</td><td>gross decreases 2013 tax positions in prior periods</td><td>-0.4 ( 0.4 )</td></tr><tr><td>5</td><td>gross increases 2013 tax positions in the current period</td><td>0.5</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>lapsing of statutes of limitations</td><td>-0.2 ( 0.2 )</td></tr><tr><td>8</td><td>unrecognized tax benefits as of december 29 2007</td><td>$ 18.7</td></tr></table> of the $ 18.7 million of unrecognized tax benefits at the end of 2007 , approximately $ 16.2 million would impact the effective income tax rate if recognized . interest and penalties related to unrecognized tax benefits are recorded in income tax expense . during the years ended december 29 , 2007 , december 30 , 2006 , and december 31 , 2005 , the company recognized approximately $ 1.2 million , $ 0.5 million and ( $ 0.5 ) million in net interest expense ( benefit ) , respectively . the company has provided for approximately $ 3.4 million , $ 2.2 million , and $ 1.7 million of accrued interest related to unrecognized tax benefits at the end of fiscal year 2007 , 2006 and 2005 , respectively . during the next 12 months , the company does not anticipate any significant changes to the total amount of unrecognized tax benefits , other than the accrual of additional interest expense in an amount similar to the prior year 2019s expense . with few exceptions , snap-on is no longer subject to u.s . federal and state/local income tax examinations by tax authorities for years prior to 2003 , and snap-on is no longer subject to non-u.s . income tax examinations by tax authorities for years prior to 2001 . the undistributed earnings of all non-u.s . subsidiaries totaled $ 338.5 million , $ 247.4 million and $ 173.6 million at the end of fiscal 2007 , 2006 and 2005 , respectively . snap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested . determination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable . the american jobs creation act of 2004 ( the 201cajca 201d ) created a one-time tax incentive for u.s . corporations to repatriate accumulated foreign earnings by providing a tax deduction of 85% ( 85 % ) of qualifying dividends received from foreign affiliates . under the provisions of the ajca , snap-on repatriated approximately $ 93 million of qualifying dividends in 2005 that resulted in additional income tax expense of $ 3.3 million for the year . note 9 : short-term and long-term debt notes payable and long-term debt as of december 29 , 2007 , was $ 517.9 million ; no commercial paper was outstanding at december 29 , 2007 . as of december 30 , 2006 , notes payable and long-term debt was $ 549.2 million , including $ 314.9 million of commercial paper . snap-on presented $ 300 million of the december 30 , 2006 , outstanding commercial paper as 201clong-term debt 201d on the accompanying december 30 , 2006 , consolidated balance sheet . on january 12 , 2007 , snap-on sold $ 300 million of unsecured notes consisting of $ 150 million of floating rate notes that mature on january 12 , 2010 , and $ 150 million of fixed rate notes that mature on january 15 , 2017 . interest on the floating rate notes accrues at a rate equal to the three-month london interbank offer rate plus 0.13% ( 0.13 % ) per year and is payable quarterly . interest on the fixed rate notes accrues at a rate of 5.50% ( 5.50 % ) per year and is payable semi-annually . snap-on used the proceeds from the sale of the notes , net of $ 1.5 million of transaction costs , to repay commercial paper obligations issued to finance the acquisition of business solutions . on january 12 , 2007 , the company also terminated a $ 250 million bridge credit agreement that snap-on established prior to its acquisition of business solutions. .\nQuestion: what was the change in the unrecognized tax benefits during 2007, in millions?\n" }, { "role": "agent", "content": "-2.6" } ]
CONVFINQA97	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nincluded in other non-current liabilities , because the company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months . prior to the adoption of these provisions , these amounts were included in current income tax payable . the company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income , and as a result , no change in classification was made upon adopting these provisions . the condensed consolidated statements of income for fiscal year 2009 and fiscal year 2008 include $ 1.7 million and $ 1.3 million , respectively , of interest and penalties related to these uncertain tax positions . due to the complexity associated with its tax uncertainties , the company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions . the following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 and fiscal 2009. . <table class='wikitable'><tr><td>1</td><td>balance november 3 2007</td><td>$ 9889</td></tr><tr><td>2</td><td>additions for tax positions of current year</td><td>3861</td></tr><tr><td>3</td><td>balance november 1 2008</td><td>13750</td></tr><tr><td>4</td><td>additions for tax positions of current year</td><td>4411</td></tr><tr><td>5</td><td>balance october 31 2009</td><td>$ 18161</td></tr></table> fiscal year 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the 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 proposed adjustments related to these two fiscal years . the company has recorded taxes and penalties related to certain of these proposed adjustments . there are four items with an additional potential total tax liability of $ 46 million . the company has concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . the company 2019s initial meetings with the appellate division of the irs were held during fiscal year 2009 . two of the unresolved matters are one-time issues and pertain 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 other matters pertain to the computation of research and development ( r&d ) tax credits and the profits earned from manufacturing activities carried on outside the united states . these latter two matters could impact taxes payable for fiscal 2004 and 2005 as well as for subsequent years . fiscal year 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 have 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 , including the same r&d 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 . during the third quarter of fiscal 2009 , the irs issued its report for fiscal 2006 and fiscal 2007 , which included proposed adjustments related to these two fiscal years . the company has recorded taxes and penalties related to certain of these proposed adjustments . there are four items with an additional potential total tax liability of $ 195 million . the company concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . with the exception of the analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .\nQuestion: what was the net change in the value of the balance from 2007 to 2009?\nAnswer: 8272.0\nQuestion: what was the 2009 value?\nAnswer: 9889.0\nQuestion: what is the percent change?\n" }, { "role": "agent", "content": "0.83648" } ]
CONVFINQA5303	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nsystem energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common stock issuances by system energy require prior regulatory approval . a0 a0debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . a0 a0system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 111667</td><td>$ 33809</td><td>$ 39926</td><td>$ 2373</td></tr></table> see note 4 to the financial statements for a description of the money pool . the system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 . as of december 31 , 2017 , $ 17.8 million in letters of credit to support a like amount of commercial paper issued and $ 50 million in loans were outstanding under the system energy nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for additional discussion of the variable interest entity credit facility . system energy obtained authorizations from the ferc through october 2019 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity . see note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits . system energy resources , inc . management 2019s financial discussion and analysis federal regulation see the 201crate , cost-recovery , and other regulation 2013 federal regulation 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis and note 2 to the financial statements for a discussion of federal regulation . complaint against system energy in january 2017 the apsc and mpsc filed a complaint with the ferc against system energy . the complaint seeks a reduction in the return on equity component of the unit power sales agreement pursuant to which system energy sells its grand gulf capacity and energy to entergy arkansas , entergy louisiana , entergy mississippi , and entergy new orleans . entergy arkansas also sells some of its grand gulf capacity and energy to entergy louisiana , entergy mississippi , and entergy new orleans under separate agreements . the current return on equity under the unit power sales agreement is 10.94% ( 10.94 % ) . the complaint alleges that the return on equity is unjust and unreasonable because current capital market and other considerations indicate that it is excessive . the complaint requests the ferc to institute proceedings to investigate the return on equity and establish a lower return on equity , and also requests that the ferc establish january 23 , 2017 as a refund effective date . the complaint includes return on equity analysis that purports to establish that the range of reasonable return on equity for system energy is between 8.37% ( 8.37 % ) and 8.67% ( 8.67 % ) . system energy answered the complaint in february 2017 and disputes that a return on equity of 8.37% ( 8.37 % ) to 8.67% ( 8.67 % ) is just and reasonable . the lpsc and the city council intervened in the proceeding expressing support for the complaint . system energy is recording a provision against revenue for the potential outcome of this proceeding . in september 2017 the ferc established a refund effective date of january 23 , 2017 , consolidated the return on equity complaint with the proceeding described in unit power sales agreement below , and directed the parties to engage in settlement .\nQuestion: what was the value of receivables in 2017?\nAnswer: 111667.0\nQuestion: and in 2014?\nAnswer: 2373.0\nQuestion: so what was the difference between these years?\n" }, { "role": "agent", "content": "109294.0" } ]
CONVFINQA2354	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 fiscal 2013 , we entered into an asr with a financial institution to repurchase an aggregate of $ 125 million of our common stock . in exchange for an up-front payment of $ 125 million , the financial institution committed to deliver a number of shares during the asr 2019s purchase period , which ended on march 30 , 2013 . the total number of shares delivered under this asr was 2.5 million at an average price of $ 49.13 per share . during fiscal 2013 , in addition to shares repurchased under the asr , we repurchased and retired 1.1 million shares of our common stock at a cost of $ 50.3 million , or an average of $ 44.55 per share , including commissions . note 10 2014share-based awards and options non-qualified stock options and restricted stock have been granted to officers , key employees and directors under the global payments inc . 2000 long-term incentive plan , as amended and restated ( the 201c2000 plan 201d ) , the global payments inc . amended and restated 2005 incentive plan ( the 201c2005 plan 201d ) , the amended and restated 2000 non-employee director stock option plan ( the 201cdirector stock option plan 201d ) , and the global payments inc . 2011 incentive plan ( the 201c2011 plan 201d ) ( collectively , the 201cplans 201d ) . there were no further grants made under the 2000 plan after the 2005 plan was effective , and the director stock option plan expired by its terms on february 1 , 2011 . there will be no future grants under the 2000 plan , the 2005 plan or the director stock option the 2011 plan permits grants of equity to employees , officers , directors and consultants . a total of 7.0 million shares of our common stock was reserved and made available for issuance pursuant to awards granted under the 2011 plan . the following table summarizes share-based compensation expense and the related income tax benefit recognized for stock options , restricted stock , performance units , tsr units , and shares issued under our employee stock purchase plan ( each as described below ) . 2015 2014 2013 ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014 ( in millions )</td><td>2013</td></tr><tr><td>2</td><td>share-based compensation expense</td><td>$ 21.1</td><td>$ 29.8</td><td>$ 18.4</td></tr><tr><td>3</td><td>income tax benefit</td><td>$ -6.9 ( 6.9 )</td><td>$ -7.1 ( 7.1 )</td><td>$ -5.6 ( 5.6 )</td></tr></table> we grant various share-based awards pursuant to the plans under what we refer to as our 201clong-term incentive plan . 201d the awards are held in escrow and released upon the grantee 2019s satisfaction of conditions of the award certificate . restricted stock and restricted stock units we grant restricted stock and restricted stock units . restricted stock awards vest over a period of time , provided , however , that if the grantee is not employed by us on the vesting date , the shares are forfeited . restricted shares cannot be sold or transferred until they have vested . restricted stock granted before fiscal 2015 vests in equal installments on each of the first four anniversaries of the grant date . restricted stock granted during fiscal 2015 will either vest in equal installments on each of the first three anniversaries of the grant date or cliff vest at the end of a three-year service period . the grant date fair value of restricted stock , which is based on the quoted market value of our common stock at the closing of the award date , is recognized as share-based compensation expense on a straight-line basis over the vesting period . performance units certain of our executives have been granted up to three types of performance units under our long-term incentive plan . performance units are performance-based restricted stock units that , after a performance period , convert into common shares , which may be restricted . the number of shares is dependent upon the achievement of certain performance measures during the performance period . the target number of performance units and any market-based performance measures ( 201cat threshold , 201d 201ctarget , 201d and 201cmaximum 201d ) are set by the compensation committee of our board of directors . performance units are converted only after the compensation committee certifies performance based on pre-established goals . 80 2013 global payments inc . \| 2015 form 10-k annual report .\nQuestion: what is total income tax benefit in 2014 and 2015?\nAnswer: 14.0\nQuestion: what about in 2013?\nAnswer: 5.6\nQuestion: what is the total for three years?\n" }, { "role": "agent", "content": "19.6" } ]
CONVFINQA6821	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) financing activities net cash used in financing activities during 2015 primarily related to the repurchase of our common stock and payment of dividends . we repurchased 13.6 shares of our common stock for an aggregate cost of $ 285.2 , including fees , and made dividend payments of $ 195.5 on our common stock . 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 . we redeemed all $ 350.0 in aggregate principal amount of our 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 . 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 $ 156.1 in 2015 . 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 , euro and south african rand as of december 31 , 2015 compared to december 31 , 2014 . 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 australian dollar , brazilian real , canadian dollar and euro as of december 31 , 2014 compared to december 31 , 2013. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2015</td><td>december 31 , 2014</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1509.7</td><td>$ 1667.2</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 150.1</td><td>$ 107.2</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>1.9</td><td>2.1</td></tr><tr><td>5</td><td>long-term debt</td><td>1610.3</td><td>1612.9</td></tr><tr><td>6</td><td>total debt</td><td>$ 1762.3</td><td>$ 1722.2</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 . funding requirements our most significant funding requirements include our operations , non-cancelable operating lease obligations , capital expenditures , acquisitions , common stock dividends , taxes , debt service and contributions to pension and postretirement plans . additionally , we may be required to make payments to minority shareholders in certain subsidiaries if they exercise their options to sell us their equity interests. .\nQuestion: what was the value of dividends paid for the year?\nAnswer: 195.5\nQuestion: how many shares were repurchased?\n" }, { "role": "agent", "content": "13.6" } ]
CONVFINQA10420	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\njpmorgan chase & co./2010 annual report 59 consolidated results of operations this following section provides a comparative discussion of jpmorgan chase 2019s consolidated results of operations on a reported basis for the three-year period ended december 31 , 2010 . factors that related primarily to a single business segment are discussed in more detail within that business segment . for a discussion of the critical accounting estimates used by the firm that affect the consolidated results of operations , see pages 149 2013 154 of this annual report . revenue year ended december 31 , ( in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>investment banking fees</td><td>$ 6190</td><td>$ 7087</td><td>$ 5526</td></tr><tr><td>3</td><td>principal transactions</td><td>10894</td><td>9796</td><td>-10699 ( 10699 )</td></tr><tr><td>4</td><td>lending- and deposit-related fees</td><td>6340</td><td>7045</td><td>5088</td></tr><tr><td>5</td><td>asset management administrationand commissions</td><td>13499</td><td>12540</td><td>13943</td></tr><tr><td>6</td><td>securities gains</td><td>2965</td><td>1110</td><td>1560</td></tr><tr><td>7</td><td>mortgage fees and related income</td><td>3870</td><td>3678</td><td>3467</td></tr><tr><td>8</td><td>credit card income</td><td>5891</td><td>7110</td><td>7419</td></tr><tr><td>9</td><td>other income</td><td>2044</td><td>916</td><td>2169</td></tr><tr><td>10</td><td>noninterest revenue</td><td>51693</td><td>49282</td><td>28473</td></tr><tr><td>11</td><td>net interest income</td><td>51001</td><td>51152</td><td>38779</td></tr><tr><td>12</td><td>total net revenue</td><td>$ 102694</td><td>$ 100434</td><td>$ 67252</td></tr></table> 2010 compared with 2009 total net revenue for 2010 was $ 102.7 billion , up by $ 2.3 billion , or 2% ( 2 % ) , from 2009 . results for 2010 were driven by a higher level of securities gains and private equity gains in corporate/private equity , higher asset management fees in am and administration fees in tss , and higher other income in several businesses , partially offset by lower credit card income . investment banking fees decreased from 2009 due to lower equity underwriting and advisory fees , partially offset by higher debt underwriting fees . competitive markets combined with flat industry-wide equity underwriting and completed m&a volumes , resulted in lower equity underwriting and advisory fees ; while strong industry-wide loan syndication and high-yield bond volumes drove record debt underwriting fees in ib . for additional information on investment banking fees , which are primarily recorded in ib , see ib segment results on pages 69 201371 of this annual report . principal transactions revenue , which consists of revenue from the firm 2019s trading and private equity investing activities , increased compared with 2009 . this was driven by the private equity business , which had significant private equity gains in 2010 , compared with a small loss in 2009 , reflecting improvements in market conditions . trading revenue decreased , reflecting lower results in corporate , offset by higher revenue in ib primarily reflecting gains from the widening of the firm 2019s credit spread on certain structured and derivative liabilities . for additional information on principal transactions revenue , see ib and corporate/private equity segment results on pages 69 201371 and 89 2013 90 , respectively , and note 7 on pages 199 2013200 of this annual report . lending- and deposit-related fees decreased in 2010 from 2009 levels , reflecting lower deposit-related fees in rfs associated , in part , with newly-enacted legislation related to non-sufficient funds and overdraft fees ; this was partially offset by higher lending- related service fees in ib , primarily from growth in business volume , and in cb , primarily from higher commitment and letter-of-credit fees . for additional information on lending- and deposit-related fees , which are mostly recorded in ib , rfs , cb and tss , see segment results for ib on pages 69 201371 , rfs on pages 72 201378 , cb on pages 82 201383 and tss on pages 84 201385 of this annual report . asset management , administration and commissions revenue increased from 2009 . the increase largely reflected higher asset management fees in am , driven by the effect of higher market levels , net inflows to products with higher margins and higher performance fees ; and higher administration fees in tss , reflecting the effects of higher market levels and net inflows of assets under custody . this increase was partially offset by lower brokerage commissions in ib , as a result of lower market volumes . for additional information on these fees and commissions , see the segment discussions for am on pages 86 201388 and tss on pages 84 201385 of this annual report . securities gains were significantly higher in 2010 compared with 2009 , resulting primarily from the repositioning of the portfolio in response to changes in the interest rate environment and to rebalance exposure . for additional information on securities gains , which are mostly recorded in the firm 2019s corporate segment , see the corporate/private equity segment discussion on pages 89 201390 of this annual report . mortgage fees and related income increased in 2010 compared with 2009 , driven by higher mortgage production revenue , reflecting increased mortgage origination volumes in rfs and am , and wider margins , particularly in rfs . this increase was largely offset by higher repurchase losses in rfs ( recorded as contra- revenue ) , which were attributable to higher estimated losses related to repurchase demands , predominantly from gses . for additional information on mortgage fees and related income , which is recorded primarily in rfs , see rfs 2019s mortgage banking , auto & other consumer lending discussion on pages 74 201377 of this annual report . for additional information on repurchase losses , see the repurchase liability discussion on pages 98 2013101 and note 30 on pages 275 2013280 of this annual report . credit card income decreased during 2010 , predominantly due to the impact of the accounting guidance related to vies , effective january 1 , 2010 , that required the firm to consolidate the assets and liabilities of its firm-sponsored credit card securitization trusts . adoption of the new guidance resulted in the elimination of all servicing fees received from firm-sponsored credit card securitization trusts ( which was offset by related increases in net .\nQuestion: what portion ot total net revenue is generated by noninterest revenue\tin 2009?\nAnswer: 0.49069\nQuestion: what is the noninterest revenue in 2010?\n" }, { "role": "agent", "content": "51693.0" } ]
CONVFINQA10978	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 ) high quality financial institutions . such balances may be in excess of fdic insured limits . to manage the related 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 small-container , large-container , municipal and residential , and energy services 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 , energy services 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>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>balance at beginning of year</td><td>$ 44.0</td><td>$ 46.7</td><td>$ 38.9</td></tr><tr><td>3</td><td>additions charged to expense</td><td>30.6</td><td>20.4</td><td>22.7</td></tr><tr><td>4</td><td>accounts written-off</td><td>-35.7 ( 35.7 )</td><td>-23.1 ( 23.1 )</td><td>-14.9 ( 14.9 )</td></tr><tr><td>5</td><td>balance at end of year</td><td>$ 38.9</td><td>$ 44.0</td><td>$ 46.7</td></tr></table> restricted cash and marketable securities as of december 31 , 2017 , we had $ 141.1 million of restricted cash and marketable securities of which $ 71.4 million supports our insurance programs for workers 2019 compensation , commercial general liability , and commercial auto liability . additionally , 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 .\nQuestion: what was the balance in the account for allowance of doubtful accounts in 2016?\n" }, { "role": "agent", "content": "44.0" } ]
CONVFINQA2892	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\napple inc . \| 2016 form 10-k \| 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 24 , 2016 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 23 , 2011 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on 9/23/11 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . copyright a9 2016 s&p , a division of mcgraw hill financial . all rights reserved . copyright a9 2016 dow jones & co . all rights reserved . september september september september september september . <table class='wikitable'><tr><td>1</td><td>-</td><td>september2011</td><td>september2012</td><td>september2013</td><td>september2014</td><td>september2015</td><td>september2016</td></tr><tr><td>2</td><td>apple inc .</td><td>$ 100</td><td>$ 166</td><td>$ 123</td><td>$ 183</td><td>$ 212</td><td>$ 213</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100</td><td>$ 130</td><td>$ 155</td><td>$ 186</td><td>$ 185</td><td>$ 213</td></tr><tr><td>4</td><td>s&p information technology index</td><td>$ 100</td><td>$ 132</td><td>$ 142</td><td>$ 183</td><td>$ 187</td><td>$ 230</td></tr><tr><td>5</td><td>dow jones u.s . technology supersector index</td><td>$ 100</td><td>$ 130</td><td>$ 137</td><td>$ 178</td><td>$ 177</td><td>$ 217</td></tr></table> .\nQuestion: what was the value of the apple inc . stock in 2016?\nAnswer: 213.0\nQuestion: and what was the change in this value since 2011?\nAnswer: 113.0\nQuestion: what was this same change for the dow jones u.s . technology supersector index stock?\n" }, { "role": "agent", "content": "117.0" } ]
CONVFINQA6184	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nduring the year ended december 31 , 2011 , we granted 354660 performance share units having a fair value based on our grant date closing stock price of $ 28.79 . these units are payable in stock and are subject to certain financial performance criteria . the fair value of these performance share unit awards is based on the grant date closing stock price of each respective award grant and will apply to the number of units ultimately awarded . the number of shares ultimately issued for each award will be based on our financial performance as compared to peer group companies over the performance period and can range from zero to 200% ( 200 % ) . as of december 31 , 2011 , estimated share payouts for outstanding non-vested performance share unit awards ranged from 150% ( 150 % ) to 195% ( 195 % ) . for the legacy frontier performance share units assumed at july 1 , 2011 , performance is based on market performance criteria , which is calculated as the total shareholder return achieved by hollyfrontier stockholders compared with the average shareholder return achieved by an equally-weighted peer group of independent refining companies over a three-year period . these share unit awards are payable in stock based on share price performance relative to the defined peer group and can range from zero to 125% ( 125 % ) of the initial target award . these performance share units were valued at july 1 , 2011 using a monte carlo valuation model , which simulates future stock price movements using key inputs including grant date and measurement date stock prices , expected stock price performance , expected rate of return and volatility of our stock price relative to the peer group over the three-year performance period . the fair value of these performance share units at july 1 , 2011 was $ 8.6 million . of this amount , $ 7.3 million relates to post-merger services and will be recognized ratably over the remaining service period through 2013 . a summary of performance share unit activity and changes during the year ended december 31 , 2011 is presented below: . <table class='wikitable'><tr><td>1</td><td>performance share units</td><td>grants</td></tr><tr><td>2</td><td>outstanding at january 1 2011 ( non-vested )</td><td>556186</td></tr><tr><td>3</td><td>granted ( 1 )</td><td>354660</td></tr><tr><td>4</td><td>vesting and transfer of ownership to recipients</td><td>-136058 ( 136058 )</td></tr><tr><td>5</td><td>outstanding at december 31 2011 ( non-vested )</td><td>774788</td></tr></table> ( 1 ) includes 225116 non-vested performance share grants under the legacy frontier plan that were outstanding and retained by hollyfrontier at july 1 , 2011 . for the year ended december 31 , 2011 we issued 178148 shares of our common stock having a fair value of $ 2.6 million related to vested performance share units . based on the weighted average grant date fair value of $ 20.71 there was $ 11.7 million of total unrecognized compensation cost related to non-vested performance share units . that cost is expected to be recognized over a weighted-average period of 1.1 years . note 7 : cash and cash equivalents and investments in marketable securities our investment portfolio at december 31 , 2011 consisted of cash , cash equivalents and investments in debt securities primarily issued by government and municipal entities . we also hold 1000000 shares of connacher oil and gas limited common stock that was received as partial consideration upon the sale of our montana refinery in we invest in highly-rated marketable debt securities , primarily issued by government and municipal entities that have maturities at the date of purchase of greater than three months . we also invest in other marketable debt securities with the maximum maturity or put date of any individual issue generally not greater than two years from the date of purchase . all of these instruments , including investments in equity securities , are classified as available- for-sale . as a result , they are reported at fair value using quoted market prices . interest income is recorded as earned . unrealized gains and losses , net of related income taxes , are reported as a component of accumulated other comprehensive income . upon sale , realized gains and losses on the sale of marketable securities are computed based on the specific identification of the underlying cost of the securities sold and the unrealized gains and losses previously reported in other comprehensive income are reclassified to current earnings. .\nQuestion: what is the net change in the performance shares outstanding during 2011?\n" }, { "role": "agent", "content": "218602.0" } ]
CONVFINQA5357	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ndiscount rate 2014the assumed discount rate is used to determine the current retirement related benefit plan expense and obligations , and represents the interest rate that is used to determine the present value of future cash flows currently expected to be required to effectively settle a plan 2019s benefit obligations . the discount rate assumption is determined for each plan by constructing a portfolio of high quality bonds with cash flows that match the estimated outflows for future benefit payments to determine a single equivalent discount rate . benefit payments are not only contingent on the terms of a plan , but also on the underlying participant demographics , including current age , and assumed mortality . we use only bonds that are denominated in u.s . dollars , rated aa or better by two of three nationally recognized statistical rating agencies , have a minimum outstanding issue of $ 50 million as of the measurement date , and are not callable , convertible , or index linked . since bond yields are generally unavailable beyond 30 years , we assume those rates will remain constant beyond that point . taking into consideration the factors noted above , our weighted average discount rate for pensions was 5.23% ( 5.23 % ) and 5.84% ( 5.84 % ) , as of december 31 , 2011 and 2010 , respectively . our weighted average discount rate for other postretirement benefits was 4.94% ( 4.94 % ) and 5.58% ( 5.58 % ) as of december 31 , 2011 and 2010 , respectively . expected long-term rate of return 2014the expected long-term rate of return on assets is used to calculate net periodic expense , and is based on such factors as historical returns , targeted asset allocations , investment policy , duration , expected future long-term performance of individual asset classes , inflation trends , portfolio volatility , and risk management strategies . while studies are helpful in understanding current trends and performance , the assumption is based more on longer term and prospective views . in order to reflect expected lower future market returns , we have reduced the expected long-term rate of return assumption from 8.50% ( 8.50 % ) , used to record 2011 expense , to 8.00% ( 8.00 % ) for 2012 . the decrease in the expected return on assets assumption is primarily related to lower bond yields and updated return assumptions for equities . unless plan assets and benefit obligations are subject to remeasurement during the year , the expected return on pension assets is based on the fair value of plan assets at the beginning of the year . an increase or decrease of 25 basis points in the discount rate and the expected long-term rate of return assumptions would have had the following approximate impacts on pensions : ( $ in millions ) increase ( decrease ) in 2012 expense increase ( decrease ) in december 31 , 2011 obligations . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>increase ( decrease ) in 2012 expense</td><td>increase ( decrease ) in december 31 2011 obligations</td></tr><tr><td>2</td><td>25 basis point decrease in discount rate</td><td>$ 18</td><td>$ 146</td></tr><tr><td>3</td><td>25 basis point increase in discount rate</td><td>-17 ( 17 )</td><td>-154 ( 154 )</td></tr><tr><td>4</td><td>25 basis point decrease in expected return on assets</td><td>8</td><td>n.a .</td></tr><tr><td>5</td><td>25 basis point increase in expected return on assets</td><td>-8 ( 8 )</td><td>n.a .</td></tr></table> differences arising from actual experience or changes in assumptions might materially affect retirement related benefit plan obligations and the funded status . actuarial gains and losses arising from differences from actual experience or changes in assumptions are deferred in accumulated other comprehensive income . this unrecognized amount is amortized to the extent it exceeds 10% ( 10 % ) of the greater of the plan 2019s benefit obligation or plan assets . the amortization period for actuarial gains and losses is the estimated average remaining service life of the plan participants , which is approximately 10 years . cas expense 2014in addition to providing the methodology for calculating retirement related benefit plan costs , cas also prescribes the method for assigning those costs to specific periods . while the ultimate liability for such costs under fas and cas is similar , the pattern of cost recognition is different . the key drivers of cas pension expense include the funded status and the method used to calculate cas reimbursement for each of our plans as well as our expected long-term rate of return on assets assumption . unlike fas , cas requires the discount rate to be consistent with the expected long-term rate of return on assets assumption , which changes infrequently given its long-term nature . as a result , changes in bond or other interest rates generally do not impact cas . in addition , unlike under fas , we can only allocate pension costs for a plan under cas until such plan is fully funded as determined under erisa requirements . other fas and cas considerations 2014we update our estimates of future fas and cas costs at least annually based on factors such as calendar year actual plan asset returns , final census data from the end of the prior year , and other actual and projected experience . a key driver of the difference between fas and cas expense ( and consequently , the fas/cas adjustment ) is the pattern of earnings and expense recognition for gains and losses that arise when our asset and liability experiences differ from our assumptions under each set of requirements . under fas , our net gains and losses exceeding the 10% ( 10 % ) corridor are amortized .\nQuestion: what was the change in the weighted average discount rate for pensions from 2010 to 2011?\nAnswer: -0.61\nQuestion: and how much did this change represent in relation to that rate in 2010?\n" }, { "role": "agent", "content": "-0.10445" } ]
CONVFINQA8400	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 is the value of total 201ceconomic 201d investment exposure in 2012?\nAnswer: 1211.0\nQuestion: what is the value in 2011?\nAnswer: 1062.0\nQuestion: what is the net change in value?\n" }, { "role": "agent", "content": "149.0" } ]
CONVFINQA2701	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nnotes to consolidated financial statements ( continued ) note 3 2014financial instruments ( continued ) accounts receivable trade receivables the company distributes its products through third-party distributors and resellers and directly to certain education , consumer , and commercial customers . the company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk . in addition , when possible , the company does attempt to limit credit risk on trade receivables with credit insurance for certain customers in latin america , europe , asia , and australia and by arranging with third- party financing companies to provide flooring arrangements and other loan and lease programs to the company 2019s direct customers . these credit-financing arrangements are directly between the third-party financing company and the end customer . as such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements . however , considerable trade receivables that are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 30 , 2006 or september 24 , 2005 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 30 , september 24 , september 25 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 30 2006</td><td>september 24 2005</td><td>september 25 2004</td></tr><tr><td>2</td><td>beginning allowance balance</td><td>$ 46</td><td>$ 47</td><td>$ 49</td></tr><tr><td>3</td><td>charged to costs and expenses</td><td>17</td><td>8</td><td>3</td></tr><tr><td>4</td><td>deductions ( a )</td><td>-11 ( 11 )</td><td>-9 ( 9 )</td><td>-5 ( 5 )</td></tr><tr><td>5</td><td>ending allowance balance</td><td>$ 52</td><td>$ 46</td><td>$ 47</td></tr></table> ( a ) represents amounts written off against the allowance , net of recoveries . vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these raw material components directly from suppliers . these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 1.6 billion and $ 417 million as of september 30 , 2006 and september 24 , 2005 , respectively . the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales . derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk . foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales . from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt . the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments . the company records all derivatives on the balance sheet at fair value. .\nQuestion: what was the ending allowance balance in the year of 2006?\nAnswer: 52.0\nQuestion: and what was that of 2005?\n" }, { "role": "agent", "content": "46.0" } ]
CONVFINQA3796	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 1b . unresolved staff comments not applicable . item 2 . properties our global headquarters are located in chicago , illinois , at 20 south wacker drive . the following is a description of our key locations and facilities . location primary use owned/leased lease expiration approximate size ( in square feet ) ( 1 ) 20 south wacker drive chicago , illinois global headquarters and office space leased 2032 ( 2 ) 512000 141 west jackson chicago , illinois trading floor and office space leased 2027 ( 3 ) 150000 333 s . lasalle chicago , illinois trading floor and office space owned n/a 300000 550 west washington chicago , illinois office space leased 2023 250000 one north end new york , new york trading floor and office space leased 2028 ( 4 ) 240000 . <table class='wikitable'><tr><td>1</td><td>location</td><td>primary use</td><td>owned/leased</td><td>lease expiration</td><td>approximate size ( in square feet ) ( 1 )</td></tr><tr><td>2</td><td>20 south wacker drive chicago illinois</td><td>global headquarters and office space</td><td>leased</td><td>2032 ( 2 )</td><td>512000</td></tr><tr><td>3</td><td>141 west jacksonchicago illinois</td><td>trading floor and office space</td><td>leased</td><td>2027 ( 3 )</td><td>150000</td></tr><tr><td>4</td><td>333 s . lasallechicago illinois</td><td>trading floor and office space</td><td>owned</td><td>n/a</td><td>300000</td></tr><tr><td>5</td><td>550 west washingtonchicago illinois</td><td>office space</td><td>leased</td><td>2023</td><td>250000</td></tr><tr><td>6</td><td>one north endnew york new york</td><td>trading floor and office space</td><td>leased</td><td>2028 ( 4 )</td><td>240000</td></tr><tr><td>7</td><td>one new change london</td><td>office space</td><td>leased</td><td>2026</td><td>58000</td></tr><tr><td>8</td><td>data center 3chicagoland area</td><td>business continuity and co-location</td><td>leased</td><td>2031 ( 5 )</td><td>83000</td></tr><tr><td>9</td><td>bagmane tech park bangalore india</td><td>office space</td><td>leased</td><td>2020 ( 6 )</td><td>72000</td></tr></table> data center 3 chicagoland area business continuity and co-location leased 2031 ( 5 ) 83000 bagmane tech park bangalore , office space leased 2020 ( 6 ) 72000 ( 1 ) size represents the amount of space leased or owned by us unless otherwise noted . ( 2 ) the initial lease expires in 2032 with two consecutive options to extend the term for five years each . ( 3 ) the initial lease expires in 2027 and contains options to extend the term and expand the premises . ( 4 ) the initial lease expires in 2028 and contains options to extend the term and expand the premises . in 2019 , the premises will be reduced to 225000 square feet . ( 5 ) in march 2016 , the company sold its datacenter in the chicago area for $ 130.0 million . at the time of the sale , the company leased back a portion of the property . ( 6 ) the initial lease expires in 2020 and contains an option to extend the term as well as an option to terminate early . item 3 . legal proceedings see 201clegal and regulatory matters 201d in note 12 . contingencies to the consolidated financial statements beginning on page 87 for cme group 2019s legal proceedings disclosure which is incorporated herein by reference . item 4 . mine safety disclosures not applicable. .\nQuestion: what square footage will the one north end ny, ny premises be reduced to in 2019?\nAnswer: 225000.0\nQuestion: and what is the starting square footage?\n" }, { "role": "agent", "content": "240000.0" } ]
CONVFINQA5307	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\ncash and cash equivalents cash equivalents include highly-liquid investments with a maturity of three months or less when purchased . accounts receivable and allowance for doubtful accounts accounts receivable are carried at the invoiced amounts , less an allowance for doubtful accounts , and generally do not bear interest . the company estimates the balance of allowance for doubtful accounts by analyzing accounts receivable balances by age and applying historical write-off and collection trend rates . the company 2019s estimates include separately providing for customer receivables based on specific circumstances and credit conditions , and when it is deemed probable that the balance is uncollectible . account balances are written off against the allowance when it is determined the receivable will not be recovered . the company 2019s allowance for doubtful accounts balance also includes an allowance for the expected return of products shipped and credits related to pricing or quantities shipped of $ 15 million , $ 14 million and $ 15 million as of december 31 , 2017 , 2016 , and 2015 , respectively . returns and credit activity is recorded directly to sales as a reduction . the following table summarizes the activity in the allowance for doubtful accounts: . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 67.6</td><td>$ 75.3</td><td>$ 77.5</td></tr><tr><td>3</td><td>bad debt expense</td><td>17.1</td><td>20.1</td><td>25.8</td></tr><tr><td>4</td><td>write-offs</td><td>-15.7 ( 15.7 )</td><td>-24.6 ( 24.6 )</td><td>-21.9 ( 21.9 )</td></tr><tr><td>5</td><td>other ( a )</td><td>2.5</td><td>-3.2 ( 3.2 )</td><td>-6.1 ( 6.1 )</td></tr><tr><td>6</td><td>ending balance</td><td>$ 71.5</td><td>$ 67.6</td><td>$ 75.3</td></tr></table> ( a ) other amounts are primarily the effects of changes in currency translations and the impact of allowance for returns and credits . inventory valuations inventories are valued at the lower of cost or net realizable value . certain u.s . inventory costs are determined on a last-in , first-out ( 201clifo 201d ) basis . lifo inventories represented 39% ( 39 % ) and 40% ( 40 % ) of consolidated inventories as of december 31 , 2017 and 2016 , respectively . all other inventory costs are determined using either the average cost or first-in , first-out ( 201cfifo 201d ) methods . inventory values at fifo , as shown in note 5 , approximate replacement cost . property , plant and equipment property , plant and equipment assets are stated at cost . merchandising and customer equipment consists principally of various dispensing systems for the company 2019s cleaning and sanitizing products , dishwashing machines and process control and monitoring equipment . certain dispensing systems capitalized by the company are accounted for on a mass asset basis , whereby equipment is capitalized and depreciated as a group and written off when fully depreciated . the company capitalizes both internal and external costs of development or purchase of computer software for internal use . costs incurred for data conversion , training and maintenance associated with capitalized software are expensed as incurred . expenditures for major renewals and improvements , which significantly extend the useful lives of existing plant and equipment , are capitalized and depreciated . expenditures for repairs and maintenance are charged to expense as incurred . upon retirement or disposition of plant and equipment , the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in income . depreciation is charged to operations using the straight-line method over the assets 2019 estimated useful lives ranging from 5 to 40 years for buildings and leasehold improvements , 3 to 20 years for machinery and equipment , 3 to 15 years for merchandising and customer equipment and 3 to 7 years for capitalized software . the straight-line method of depreciation reflects an appropriate allocation of the cost of the assets to earnings in proportion to the amount of economic benefits obtained by the company in each reporting period . depreciation expense was $ 586 million , $ 561 million and $ 560 million for 2017 , 2016 and 2015 , respectively. .\nQuestion: what was the percentage for lifo inventories of consolidated inventories in 2017?\n" }, { "role": "agent", "content": "39.0" } ]
CONVFINQA2887	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nconstruction of cvn-79 john f . kennedy , construction of the u.s . coast guard 2019s fifth national security cutter ( unnamed ) , advance planning efforts for the cvn-72 uss abraham lincoln rcoh , and continued execution of the cvn-71 uss theodore roosevelt rcoh . 2010 2014the value of new contract awards during the year ended december 31 , 2010 , was approximately $ 3.6 billion . significant new awards during this period included $ 480 million for the construction of the u.s . coast guard 2019s fourth national security cutter hamilton , $ 480 million for design and long-lead material procurement activities for the cvn-79 john f . kennedy aircraft carrier , $ 377 million for cvn-78 gerald r . ford , $ 224 million for lha-7 ( unnamed ) , $ 184 million for lpd-26 john p . murtha , $ 114 million for ddg-114 ralph johnson and $ 62 million for long-lead material procurement activities for lpd-27 ( unnamed ) . liquidity and capital resources we endeavor to ensure the most efficient conversion of operating results into cash for deployment in operating our businesses and maximizing stockholder value . we use various financial measures to assist in capital deployment decision making , including net cash provided by operating activities and free cash flow . we believe these measures are useful to investors in assessing our financial performance . the table below summarizes key components of cash flow provided by ( used in ) operating activities: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td></tr><tr><td>2</td><td>net earnings ( loss )</td><td>$ -94 ( 94 )</td><td>$ 135</td><td>$ 124</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td></tr><tr><td>4</td><td>deferred income taxes</td><td>27</td><td>-19 ( 19 )</td><td>-98 ( 98 )</td></tr><tr><td>5</td><td>depreciation and amortization</td><td>190</td><td>183</td><td>186</td></tr><tr><td>6</td><td>stock-based compensation</td><td>42</td><td>0</td><td>0</td></tr><tr><td>7</td><td>retiree benefit funding less than ( in excess of ) expense</td><td>122</td><td>33</td><td>-28 ( 28 )</td></tr><tr><td>8</td><td>trade working capital decrease ( increase )</td><td>-49 ( 49 )</td><td>27</td><td>-272 ( 272 )</td></tr><tr><td>9</td><td>net cash provided by ( used in ) operating activities</td><td>$ 528</td><td>$ 359</td><td>$ -88 ( 88 )</td></tr></table> cash flows we discuss below our major operating , investing and financing activities for each of the three years in the period ended december 31 , 2011 , as classified on our consolidated statements of cash flows . operating activities 2011 2014cash provided by operating activities was $ 528 million in 2011 compared with $ 359 million in 2010 . the increase of $ 169 million was due principally to increased earnings net of impairment charges and lower pension contributions , offset by an increase in trade working capital . net cash paid by northrop grumman on our behalf for u.s . federal income tax obligations was $ 53 million . we expect cash generated from operations for 2012 to be sufficient to service debt , meet contract obligations , and finance capital expenditures . although 2012 cash from operations is expected to be sufficient to service these obligations , we may from time to time borrow funds under our credit facility to accommodate timing differences in cash flows . 2010 2014net cash provided by operating activities was $ 359 million in 2010 compared with cash used of $ 88 million in 2009 . the change of $ 447 million was due principally to a decrease in discretionary pension contributions of $ 97 million , a decrease in trade working capital of $ 299 million , and a decrease in deferred income taxes of $ 79 million . in 2009 , trade working capital balances included the unfavorable impact of delayed customer billings associated with the negative performance adjustments on the lpd-22 through lpd-25 contract due to projected cost increases at completion . see note 7 : contract charges in item 8 . the change in deferred taxes was due principally to the timing of contract related deductions . u.s . federal income tax payments made by northrop grumman on our behalf were $ 89 million in 2010. .\nQuestion: what is the net income in 2010?\nAnswer: 135.0\nQuestion: what about in 2009?\nAnswer: 124.0\nQuestion: what is the increase in net income from 2009 to 2010?\nAnswer: 11.0\nQuestion: what is the net income in 2009?\nAnswer: 124.0\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.08871" } ]
CONVFINQA834	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nrecognition of deferred revenue related to sanofi-aventis 2019 $ 85.0 million up-front payment decreased in 2010 compared to 2009 due to the november 2009 amendments to expand and extend the companies 2019 antibody collaboration . in connection with the november 2009 amendment of the discovery agreement , sanofi-aventis is funding up to $ 30 million of agreed-upon costs incurred by us to expand our manufacturing capacity at our rensselaer , new york facilities , of which $ 23.4 million was received or receivable from sanofi-aventis as of december 31 , 2010 . revenue related to these payments for such funding from sanofi-aventis is deferred and recognized as collaboration revenue prospectively over the related performance period in conjunction with the recognition of the original $ 85.0 million up-front payment . as of december 31 , 2010 , $ 79.8 million of the sanofi-aventis payments was deferred and will be recognized as revenue in future periods . in august 2008 , we entered into a separate velocigene ae agreement with sanofi-aventis . in 2010 and 2009 , we recognized $ 1.6 million and $ 2.7 million , respectively , in revenue related to this agreement . bayer healthcare collaboration revenue the collaboration revenue we earned from bayer healthcare , as detailed below , consisted of cost sharing of regeneron vegf trap-eye development expenses , substantive performance milestone payments , and recognition of revenue related to a non-refundable $ 75.0 million up-front payment received in october 2006 and a $ 20.0 million milestone payment received in august 2007 ( which , for the purpose of revenue recognition , was not considered substantive ) . years ended bayer healthcare collaboration revenue december 31 . <table class='wikitable'><tr><td>1</td><td>bayer healthcare collaboration revenue</td><td>bayer healthcare collaboration revenue</td><td>-</td></tr><tr><td>2</td><td>( in millions )</td><td>2010</td><td>2009</td></tr><tr><td>3</td><td>cost-sharing of regeneron vegf trap-eye development expenses</td><td>$ 45.5</td><td>$ 37.4</td></tr><tr><td>4</td><td>substantive performance milestone payments</td><td>20.0</td><td>20.0</td></tr><tr><td>5</td><td>recognition of deferred revenue related to up-front and other milestone payments</td><td>9.9</td><td>9.9</td></tr><tr><td>6</td><td>total bayer healthcare collaboration revenue</td><td>$ 75.4</td><td>$ 67.3</td></tr></table> cost-sharing of our vegf trap-eye development expenses with bayer healthcare increased in 2010 compared to 2009 due to higher internal development activities and higher clinical development costs in connection with our phase 3 copernicus trial in crvo . in the fourth quarter of 2010 , we earned two $ 10.0 million substantive milestone payments from bayer healthcare for achieving positive 52-week results in the view 1 study and positive 6-month results in the copernicus study . in july 2009 , we earned a $ 20.0 million substantive performance milestone payment from bayer healthcare in connection with the dosing of the first patient in the copernicus study . in connection with the recognition of deferred revenue related to the $ 75.0 million up-front payment and $ 20.0 million milestone payment received in august 2007 , as of december 31 , 2010 , $ 47.0 million of these payments was deferred and will be recognized as revenue in future periods . technology licensing revenue in connection with our velocimmune ae license agreements with astrazeneca and astellas , each of the $ 20.0 million annual , non-refundable payments were deferred upon receipt and recognized as revenue ratably over approximately the ensuing year of each agreement . in both 2010 and 2009 , we recognized $ 40.0 million of technology licensing revenue related to these agreements . in addition , in connection with the amendment and extension of our license agreement with astellas , in august 2010 , we received a $ 165.0 million up-front payment , which was deferred upon receipt and will be recognized as revenue ratably over a seven-year period beginning in mid-2011 . as of december 31 , 2010 , $ 176.6 million of these technology licensing payments was deferred and will be recognized as revenue in future periods . net product sales in 2010 and 2009 , we recognized as revenue $ 25.3 million and $ 18.4 million , respectively , of arcalyst ae net product sales for which both the right of return no longer existed and rebates could be reasonably estimated . the company had limited historical return experience for arcalyst ae beginning with initial sales in 2008 through the end of 2009 ; therefore , arcalyst ae net product sales were deferred until the right of return no longer existed and rebates could be reasonably estimated . effective in the first quarter of 2010 , the company determined that it had .\nQuestion: what was the change in the total bayer healthcare collaboration revenue from 2009 to 2010?\nAnswer: 8.1\nQuestion: and what was that revenue in 2009?\nAnswer: 67.3\nQuestion: how much, then, does that change represent in relation to this 2009 revenue, in percentage?\n" }, { "role": "agent", "content": "0.12036" } ]
CONVFINQA4130	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\npart ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . our series a common stock , series b common stock and series c common stock are listed and traded on the nasdaq global select market ( 201cnasdaq 201d ) under the symbols 201cdisca , 201d 201cdiscb 201d and 201cdisck , 201d respectively . the following table sets forth , for the periods indicated , the range of high and low sales prices per share of our series a common stock , series b common stock and series c common stock as reported on yahoo! finance ( finance.yahoo.com ) . series a common stock series b common stock series c common stock high low high low high low fourth quarter $ 23.73 $ 16.28 $ 26.80 $ 20.00 $ 22.47 $ 15.27 third quarter $ 27.18 $ 20.80 $ 27.90 $ 22.00 $ 26.21 $ 19.62 second quarter $ 29.40 $ 25.11 $ 29.55 $ 25.45 $ 28.90 $ 24.39 first quarter $ 29.62 $ 26.34 $ 29.65 $ 27.55 $ 28.87 $ 25.76 fourth quarter $ 29.55 $ 25.01 $ 30.50 $ 26.00 $ 28.66 $ 24.20 third quarter $ 26.97 $ 24.27 $ 28.00 $ 25.21 $ 26.31 $ 23.44 second quarter $ 29.31 $ 23.73 $ 29.34 $ 24.15 $ 28.48 $ 22.54 first quarter $ 29.42 $ 24.33 $ 29.34 $ 24.30 $ 28.00 $ 23.81 as of february 21 , 2018 , there were approximately 1308 , 75 and 1414 record holders of our series a common stock , series b common stock and series c common stock , respectively . these amounts do not include the number of shareholders whose shares are held of record by banks , brokerage houses or other institutions , but include each such institution as one shareholder . we have not paid any cash dividends on our series a common stock , series b common stock or series c common stock , and we have no present intention to do so . payment of cash dividends , if any , will be determined by our board of directors after consideration of our earnings , financial condition and other relevant factors such as our credit facility's restrictions on our ability to declare dividends in certain situations . purchases of equity securities the following table presents information about our repurchases of common stock that were made through open market transactions during the three months ended december 31 , 2017 ( in millions , except per share amounts ) . period total number of series c shares purchased average paid per share : series c ( a ) total number of shares purchased as part of publicly announced plans or programs ( b ) ( c ) approximate dollar value of shares that may yet be purchased under the plans or programs ( a ) ( b ) october 1 , 2017 - october 31 , 2017 2014 $ 2014 2014 $ 2014 november 1 , 2017 - november 30 , 2017 2014 $ 2014 2014 $ 2014 december 1 , 2017 - december 31 , 2017 2014 $ 2014 2014 $ 2014 total 2014 2014 $ 2014 ( a ) the amounts do not give effect to any fees , commissions or other costs associated with repurchases of shares . ( b ) under the stock repurchase program , management was authorized to purchase shares of the company's common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices or pursuant to one or more accelerated stock repurchase agreements or other derivative arrangements as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors . the company's authorization under the program expired on october 8 , 2017 and we have not repurchased any shares of common stock since then . we historically have funded and in the future may fund stock repurchases through a combination of cash on hand and cash generated by operations and the issuance of debt . in the future , if further authorization is provided , we may also choose to fund stock repurchases through borrowings under our revolving credit facility or future financing transactions . there were no repurchases of our series a and b common stock during 2017 and no repurchases of series c common stock during the three months ended december 31 , 2017 . the company first announced its stock repurchase program on august 3 , 2010 . ( c ) we entered into an agreement with advance/newhouse to repurchase , on a quarterly basis , a number of shares of series c-1 convertible preferred stock convertible into a number of shares of series c common stock . we did not convert any any shares of series c-1 convertible preferred stock during the three months ended december 31 , 2017 . there are no planned repurchases of series c-1 convertible preferred stock for the first quarter of 2018 as there were no repurchases of series a or series c common stock during the three months ended december 31 , 2017 . stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc . class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on december 31 , 2012 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2013 , 2014 , 2015 , 2016 and 2017 . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312012</td><td>december 312013</td><td>december 312014</td><td>december 312015</td><td>december 312016</td><td>december 312017</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 139.42</td><td>$ 106.23</td><td>$ 82.27</td><td>$ 84.53</td><td>$ 69.01</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 144.61</td><td>$ 116.45</td><td>$ 85.03</td><td>$ 91.70</td><td>$ 78.01</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 143.35</td><td>$ 115.28</td><td>$ 86.22</td><td>$ 91.56</td><td>$ 72.38</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 129.60</td><td>$ 144.36</td><td>$ 143.31</td><td>$ 156.98</td><td>$ 187.47</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 163.16</td><td>$ 186.87</td><td>$ 180.10</td><td>$ 200.65</td><td>$ 208.79</td></tr></table> .\nQuestion: what was the total number of shareholders for the series a and b of common stock, combined?\n" }, { "role": "agent", "content": "1383.0" } ]
CONVFINQA1617	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nwhile we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future . in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows . in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 . specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards . as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 . while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate . the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations . if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence . item 1b . unresolved staff comments . item 2 . properties . our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois . our co-headquarters are leased and house certain executive offices , our u.s . business units , and our administrative , finance , legal , and human resource functions . we maintain additional owned and leased offices throughout the regions in which we operate . we manufacture our products in our network of manufacturing and processing facilities located throughout the world . as of december 30 , 2017 , we operated 83 manufacturing and processing facilities . we own 80 and lease three of these facilities . our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . <table class='wikitable'><tr><td>1</td><td>-</td><td>owned</td><td>leased</td></tr><tr><td>2</td><td>united states</td><td>41</td><td>1</td></tr><tr><td>3</td><td>canada</td><td>2</td><td>2014</td></tr><tr><td>4</td><td>europe</td><td>11</td><td>2014</td></tr><tr><td>5</td><td>rest of world</td><td>26</td><td>2</td></tr></table> we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs . we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products . item 3 . legal proceedings . we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business . while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations . item 4 . mine safety disclosures . not applicable. .\nQuestion: combined, what was the total owned facilities in the united states and canada?\nAnswer: 43.0\nQuestion: and the amount in europe?\nAnswer: 11.0\nQuestion: and the total for all three regions together?\nAnswer: 54.0\nQuestion: and the amount for the rest of the world?\nAnswer: 26.0\nQuestion: combined with the other three regions?\n" }, { "role": "agent", "content": "80.0" } ]
CONVFINQA1814	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.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 2012 ( in 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 2011</td><td>403</td><td>379</td><td>782</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>134</td><td>68</td><td>202</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-47 ( 47 )</td><td>9</td><td>-38 ( 38 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-10 ( 10 )</td><td>-6 ( 6 )</td><td>-16 ( 16 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-73 ( 73 )</td><td>-17 ( 17 )</td><td>-90 ( 90 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2012</td><td>407</td><td>433</td><td>840</td></tr></table> at december 31 , 2012 , devon had 840 mmboe of proved undeveloped reserves . this represents a 7 percent increase as compared to 2011 and represents 28 percent of its total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 203 mmboe and resulted in the conversion of 90 mmboe , or 12 percent , of the 2011 proved undeveloped reserves to proved developed reserves . costs incurred related to the development and conversion of devon 2019s proved undeveloped reserves were $ 1.3 billion for 2012 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 16 mmboe primarily due to its evaluation of certain u.s . onshore dry-gas areas , which it does not expect to develop in the next five years . the largest revisions relate to the dry-gas areas at carthage in east texas and the barnett shale in north texas . a significant amount of devon 2019s proved undeveloped reserves at the end of 2012 largely related to its jackfish operations . at december 31 , 2012 and 2011 , devon 2019s jackfish proved undeveloped reserves were 429 mmboe and 367 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35000 barrel daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity , steam-oil ratios and air quality discharge permits . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends though the year 2031 . price revisions 2012 - reserves decreased 171 mmboe primarily due to lower gas prices . of this decrease , 100 mmboe related to the barnett shale and 25 mmboe related to the rocky mountain area . 2011 - reserves decreased 21 mmboe due to lower gas prices and higher oil prices . the higher oil prices increased devon 2019s canadian royalty burden , which reduced devon 2019s oil reserves . 2010 - reserves increased 72 mmboe due to higher gas prices , partially offset by the effect of higher oil prices . the higher oil prices increased devon 2019s canadian royalty burden , which reduced devon 2019s oil reserves . of the 72 mmboe price revisions , 43 mmboe related to the barnett shale and 22 mmboe related to the rocky mountain area . revisions other than price total revisions other than price for 2012 and 2011 primarily related to devon 2019s evaluation of certain dry gas regions noted in the proved undeveloped reserves discussion above . total revisions other than price for 2010 primarily related to devon 2019s drilling and development in the barnett shale. .\nQuestion: what were proved undeveloped reserved in canada for 2011?\nAnswer: 379.0\nQuestion: what were they in 2012?\nAnswer: 433.0\nQuestion: what is the sum?\nAnswer: 812.0\nQuestion: what was the canadian value in 2011?\nAnswer: 379.0\nQuestion: what is that value over the sum value?\nAnswer: 0.46675\nQuestion: what is that times 100?\n" }, { "role": "agent", "content": "46.67488" } ]
CONVFINQA3588	[ { "role": "human", "content": "Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.\n\nitem 7a . quantitative and qualitative disclosures about market risk ( amounts in millions ) in the normal course of business , we are exposed to market risks related to interest rates , foreign currency rates and certain balance sheet items . from time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks . derivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes . interest rates our exposure to market risk for changes in interest rates relates primarily to the fair market value and cash flows of our debt obligations . the majority of our debt ( approximately 91% ( 91 % ) and 86% ( 86 % ) as of december 31 , 2014 and 2013 , respectively ) bears interest at fixed rates . we do have debt with variable interest rates , but a 10% ( 10 % ) increase or decrease in interest rates would not be material to our interest expense or cash flows . the fair market value of our debt is sensitive to changes in interest rates , and the impact of a 10% ( 10 % ) change in interest rates is summarized below . increase/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates . <table class='wikitable'><tr><td>1</td><td>as of december 31,</td><td>increase/ ( decrease ) in fair market value 10% ( 10 % ) increasein interest rates</td><td>increase/ ( decrease ) in fair market value 10% ( 10 % ) decreasein interest rates</td></tr><tr><td>2</td><td>2014</td><td>$ -35.5 ( 35.5 )</td><td>$ 36.6</td></tr><tr><td>3</td><td>2013</td><td>-26.9 ( 26.9 )</td><td>27.9</td></tr></table> we have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates . we do not have any interest rate swaps outstanding as of december 31 , 2014 . we had $ 1667.2 of cash , cash equivalents and marketable securities as of december 31 , 2014 that we generally invest in conservative , short-term bank deposits or securities . the interest income generated from these investments is subject to both domestic and foreign interest rate movements . during 2014 and 2013 , we had interest income of $ 27.4 and $ 24.7 , respectively . based on our 2014 results , a 100-basis-point increase or decrease in interest rates would affect our interest income by approximately $ 16.7 , assuming that all cash , cash equivalents and marketable securities are impacted in the same manner and balances remain constant from year-end 2014 levels . foreign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates . since we report revenues and expenses in u.s . dollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s . dollars ) from foreign operations . the primary foreign currencies that impacted our results during 2014 included the argentine peso , australian dollar , brazilian real and british pound sterling . based on 2014 exchange rates and operating results , if the u.s . dollar were to strengthen or weaken by 10% ( 10 % ) , we currently estimate operating income would decrease or increase approximately 4% ( 4 % ) , assuming that all currencies are impacted in the same manner and our international revenue and expenses remain constant at 2014 levels . the functional currency of our foreign operations is generally their respective local currency . assets and liabilities are translated at the exchange rates in effect at the balance sheet date , and revenues and expenses are translated at the average exchange rates during the period presented . the resulting translation adjustments are recorded as a component of accumulated other comprehensive loss , net of tax , in the stockholders 2019 equity section of our consolidated balance sheets . our foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk . however , certain subsidiaries may enter into transactions in currencies other than their functional currency . assets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement . currency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses . we have not entered into a material amount of foreign currency forward exchange contracts or other derivative financial instruments to hedge the effects of potential adverse fluctuations in foreign currency exchange rates. .\nQuestion: what is the interest income 2014?\nAnswer: 27.4\nQuestion: what about in 2013?\nAnswer: 24.7\nQuestion: what is the net change?\nAnswer: 2.7\nQuestion: what percentage change does this represent?\n" }, { "role": "agent", "content": "0.10931" } ]

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