management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs .

other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds .

the recovery became effective july 2007 .

see note 5 to the financial statements for additional information regarding the securitization bonds .

2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .

following is an analysis of the change in net revenue comparing 2007 to 2006 .

the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana .

the securitization transition charge variance is due to the issuance of securitization bonds .

as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds .

see note 5 to the financial statements herein for details of the securitization bond issuance .

the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 .

the increase is also due to an increase in usage during the unbilled sales period .

retail electricity usage increased a total of 139 gwh in all sectors .

see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues .

the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 .

the base revenue variance is due to the transition to competition rider that began in march 2006 .

refer to note 2 to the financial statements for further discussion of the rate increase .

gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds .

the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas .

1		amount ( in millions )

2	2006 net revenue	$ 403.3

3	purchased power capacity	13.1

4	securitization transition charge	9.9

5	volume/weather	9.7

6	transmission revenue	6.1

7	base revenue	2.6

8	other	-2.4 ( 2.4 )

9	2007 net revenue	$ 442.3

Question: what was the net change in revenue from 2006 to 2007?

Answer: 39.0


what was the net change in revenue from 2006 to 2007?

Question: what is the 2007 transmission revenue divided by that net change?

Answer: 0.15641


net sales increased $ 29.9 million , or 6.3% ( 6.3 % ) , due to higher sales volume driven primarily by continuing improvement in the u.s .

home products market and the benefit from new product introductions and price increases to help mitigate cumulative raw material cost increases .

operating income increased $ 12.6 million , or 20.4% ( 20.4 % ) , due to higher net sales , the benefits from productivity improvements and leveraging sales on our existing fixed cost base .

security net sales increased $ 12.8 million , or 2.2% ( 2.2 % ) , due to higher sales volume and price increases to help mitigate cumulative raw material cost increases .

these benefits were partially offset by the impact of our exiting of two product lines in our commercial distribution channel .

operating income increased $ 5.8 million , or 8.7% ( 8.7 % ) , primarily due to the higher net sales , the benefits from productivity improvements , lower restructuring and other charges ( approximately $ 6 million ) relating to the completion in 2016 of a manufacturing facility relocation , favorable foreign exchange and the related cost savings resulting from the facility relocation .

corporate corporate expenses increased by $ 5.7 million mainly due to the impairment of a long lived asset and recognition of an actuarial gain versus an actuarial loss in 2016 and higher defined benefit plan income during 2017 compared to 2016 .

in future periods the company may record , in the corporate segment , material expense or income associated with actuarial gains and losses arising from periodic remeasurement of our liabilities for defined benefit plans .

at a minimum the company will remeasure its defined benefit plan liabilities in the fourth quarter of each year .

remeasurements due to plan amendments and settlements may also occur in interim periods during the year .

remeasurement of these liabilities attributable to updating our liability discount rates and expected return on assets may , in particular , result in material income or expense recognition .

2016 compared to 2015 total fortune brands net sales net sales increased $ 405.5 million , or 9% ( 9 % ) .

the increase was due to higher sales volume primarily from the continuing improvement in u.s .

market conditions for home products , the benefit from the acquisitions in our cabinets and plumbing segments and price increases to help mitigate cumulative raw material cost increases and the effect of unfavorable foreign exchange .

these benefits were partially offset by unfavorable foreign exchange of approximately $ 27 million and higher sales rebates .

cost of products sold cost of products sold increased $ 182.8 million , or 6% ( 6 % ) , due to higher net sales , including the impact of the acquisitions in our cabinets and plumbing segments , partially offset by the benefit of productivity improvements. .

1	( in millions )	2017	2016

2	general and administrative expense	$ -90.3 ( 90.3 )	$ -80.9 ( 80.9 )

3	defined benefit plan income	4.2	2.9

4	defined benefit plan recognition of actuarial gains ( losses )	0.5	-1.9 ( 1.9 )

5	total corporate expenses	$ -85.6 ( 85.6 )	$ -79.9 ( 79.9 )

Question: what was the change in the defined benefit plan income from 2016 to 2017?

Answer: 1.3


what was the change in the defined benefit plan income from 2016 to 2017?

Question: and what was that income in 2016?

Answer: 2.9


Question: how much, then, does that change represent in relation to this 2016 defined benefit plan, in percentage?

Answer: 0.44828


purchase commitments the company has entered into various purchase agreements for minimum amounts of pulpwood processing and energy over periods ranging from one to twenty years at fixed prices .

total purchase commitments are as follows: .

these purchase agreements are not marked to market .

the company purchased $ 37.3 million , $ 29.4 million , and $ 14.5 million during the years ended december 31 , 2009 , 2008 and 2007 , respectively , under these purchase agreements .

litigation pca is a party to various legal actions arising in the ordinary course of business .

these legal actions cover a broad variety of claims spanning our entire business .

as of the date of this filing , the company believes it is not reasonably possible that the resolution of these legal actions will , individually or in the aggregate , have a material adverse effect on its financial position , results of operations , or cash flows .

environmental liabilities the potential costs for various environmental matters are uncertain due to such factors as the unknown magnitude of possible cleanup costs , the complexity and evolving nature of governmental laws and regulations and their interpretations , and the timing , varying costs and effectiveness of alternative cleanup technologies .

from 1994 through 2009 , remediation costs at the company 2019s mills and corrugated plants totaled approximately $ 3.2 million .

as of december 31 , 2009 , the company maintained an environmental reserve of $ 9.1 million relating to on-site landfills ( see note 13 ) and surface impoundments as well as ongoing and anticipated remedial projects .

liabilities recorded for environmental contingencies are estimates of the probable costs based upon available information and assumptions .

because of these uncertainties , pca 2019s estimates may change .

as of the date of this filing , the company believes that it is not reasonably possible that future environmental expenditures and asset retirement obligations above the $ 9.1 million accrued as of december 31 , 2009 , will have a material impact on its financial condition , results of operations , or cash flows .

in connection with the sale to pca of its containerboard and corrugated products business , pactiv agreed to retain all liability for all former facilities and all sites associated with pre-closing off-site waste disposal and all environmental liabilities related to a closed landfill located near the company 2019s filer city mill .

asset retirement obligations asset retirement obligations consist primarily of landfill capping and closure and post-closure costs .

pca is legally required to perform capping and closure and post-closure care on the landfills at each of the company 2019s mills .

in accordance with asc 410 , 201c asset retirement and environmental obligations , 201d pca recognizes the fair value of these liabilities as an asset retirement obligation for each landfill and capitalizes packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2009 .

Question: what was, in thousands, the total of purchase commitments in the years of 2010 and 2011, combined?

Answer: 12893.0


what was, in thousands, the total of purchase commitments in the years of 2010 and 2011, combined?

Question: and what was that total only for the year of 2013?

Answer: 1486.0


and what was that total only for the year of 2013?

Question: what percentage did this 2013 total represent in relation to the full amount of all purchase commitments?

Answer: 0.03334


the following table sets forth information concerning increases in the total number of our aap stores during the past five years: .

( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores .

our store-based information systems are comprised of a proprietary and integrated point of sale , electronic parts catalog , or epc , and store-level inventory management system ( collectively "store system" ) .

information maintained by our store system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly .

our fully integrated system enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles .

our store system provides real-time inventory tracking at the store level allowing store team members to check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers .

if a hard-to-find part or accessory is not available at one of our stores , the store system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors .

available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time .

our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information .

we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities .

all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability .

we plan to start rolling out a new and enhanced epc in fiscal 2013 which is expected to simplify and improve the customer experience .

among the improvements is a more efficient way to systematically identify add-on sales to ensure our customers have what they need to complete their automotive repair project .

purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan .

our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals .

our global sourcing team works closely with both teams .

in fiscal 2012 , we purchased merchandise from approximately 450 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases .

our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume .

the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand .

we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .

Question: what were the number of stores at the end of 2011?

Answer: 3460.0


( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores .

our store-based information systems are comprised of a proprietary and integrated point of sale , electronic parts catalog , or epc , and store-level inventory management system ( collectively "store system" ) .

information maintained by our store system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly .

our fully integrated system enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles .

our store system provides real-time inventory tracking at the store level allowing store team members to check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers .

if a hard-to-find part or accessory is not available at one of our stores , the store system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors .

available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time .

our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information .

we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities .

all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability .

we plan to start rolling out a new and enhanced epc in fiscal 2013 which is expected to simplify and improve the customer experience .

among the improvements is a more efficient way to systematically identify add-on sales to ensure our customers have what they need to complete their automotive repair project .

purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan .

our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals .

our global sourcing team works closely with both teams .

in fiscal 2012 , we purchased merchandise from approximately 450 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases .

our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume .

the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand .

we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .

what were the number of stores at the end of 2011?

Question: what was the number at the start of 2011?

Answer: 3369.0


( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores .

our store-based information systems are comprised of a proprietary and integrated point of sale , electronic parts catalog , or epc , and store-level inventory management system ( collectively "store system" ) .

information maintained by our store system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly .

our fully integrated system enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles .

our store system provides real-time inventory tracking at the store level allowing store team members to check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers .

if a hard-to-find part or accessory is not available at one of our stores , the store system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors .

available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time .

our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information .

we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities .

all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability .

we plan to start rolling out a new and enhanced epc in fiscal 2013 which is expected to simplify and improve the customer experience .

among the improvements is a more efficient way to systematically identify add-on sales to ensure our customers have what they need to complete their automotive repair project .

purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan .

our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals .

our global sourcing team works closely with both teams .

in fiscal 2012 , we purchased merchandise from approximately 450 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases .

our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume .

the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand .

we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .

what was the number at the start of 2011?

Question: what is the net change?

Answer: 91.0


( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores .

our store-based information systems are comprised of a proprietary and integrated point of sale , electronic parts catalog , or epc , and store-level inventory management system ( collectively "store system" ) .

information maintained by our store system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly .

our fully integrated system enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles .

our store system provides real-time inventory tracking at the store level allowing store team members to check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers .

if a hard-to-find part or accessory is not available at one of our stores , the store system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors .

available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time .

our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information .

we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities .

all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability .

we plan to start rolling out a new and enhanced epc in fiscal 2013 which is expected to simplify and improve the customer experience .

among the improvements is a more efficient way to systematically identify add-on sales to ensure our customers have what they need to complete their automotive repair project .

purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan .

our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals .

our global sourcing team works closely with both teams .

in fiscal 2012 , we purchased merchandise from approximately 450 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases .

our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume .

the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand .

we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .

Question: what was the number at the start of 2011?

Answer: 3369.0


( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores .

our store-based information systems are comprised of a proprietary and integrated point of sale , electronic parts catalog , or epc , and store-level inventory management system ( collectively "store system" ) .

information maintained by our store system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly .

our fully integrated system enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles .

our store system provides real-time inventory tracking at the store level allowing store team members to check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers .

if a hard-to-find part or accessory is not available at one of our stores , the store system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors .

available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time .

our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information .

we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities .

all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability .

we plan to start rolling out a new and enhanced epc in fiscal 2013 which is expected to simplify and improve the customer experience .

among the improvements is a more efficient way to systematically identify add-on sales to ensure our customers have what they need to complete their automotive repair project .

purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan .

our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals .

our global sourcing team works closely with both teams .

in fiscal 2012 , we purchased merchandise from approximately 450 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases .

our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume .

the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand .

we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .

Question: what is the net change divided by the beginning 2011 number?

Answer: 0.02701


entergy corporation notes to consolidated financial statements ( d ) the bonds are subject to mandatory tender for purchase from the holders at 100% ( 100 % ) of the principal amount outstanding on october 1 , 2003 and will then be remarketed .

( e ) on june 1 , 2002 , entergy louisiana remarketed $ 55 million st .

charles parish pollution control revenue refunding bonds due 2030 , resetting the interest rate to 4.9% ( 4.9 % ) through may 2005 .

( f ) the bonds are subject to mandatory tender for purchase from the holders at 100% ( 100 % ) of the principal amount outstanding on june 1 , 2005 and will then be remarketed .

( g ) the fair value excludes lease obligations , long-term doe obligations , and other long-term debt and includes debt due within one year .

it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .

the annual long-term debt maturities ( excluding lease obligations ) and annual cash sinking fund requirements for debt outstanding as of december 31 , 2002 , for the next five years are as follows ( in thousands ) : .

not included are other sinking fund requirements of approximately $ 30.2 million annually , which may be satisfied by cash or by certification of property additions at the rate of 167% ( 167 % ) of such requirements .

in december 2002 , when the damhead creek project was sold , the buyer of the project assumed all obligations under the damhead creek credit facilities and the damhead creek interest rate swap agreements .

in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .

entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .

these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .

in accordance with the purchase agreement with nypa , the purchase of indian point 2 resulted in entergy's non-utility nuclear business becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 .

this liability was recorded upon the purchase of indian point 2 in september 2001 .

covenants in the entergy corporation 7.75% ( 7.75 % ) notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .

if entergy's debt ratio exceeds this limit , or if entergy or certain of the domestic utility companies default on other credit facilities or are in bankruptcy or insolvency proceedings , an acceleration of the facility's maturity may occur .

in january 2003 , entergy paid in full , at maturity , the outstanding debt relating to the top of iowa wind project .

capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to : fffd maintain system energy's equity capital at a minimum of 35% ( 35 % ) of its total capitalization ( excluding short-term debt ) ; fffd permit the continued commercial operation of grand gulf 1 ; fffd pay in full all system energy indebtedness for borrowed money when due ; and fffd enable system energy to make payments on specific system energy debt , under supplements to the agreement assigning system energy's rights in the agreement as security for the specific debt. .

Question: what was the total of annual long-term debt maturities ( excluding lease obligations ) and annual cash sinking fund requirements for debt outstanding in 2005?

Answer: 925005.0


what was the total of annual long-term debt maturities ( excluding lease obligations ) and annual cash sinking fund requirements for debt outstanding in 2005?

Question: what was that in 2004?

Answer: 540372.0


Question: between the two years, then, how much did that total vary?

Answer: 384633.0


between the two years, then, how much did that total vary?

Question: and what was this variation as a percentage of the 2004 total?

Answer: 0.71179


and what was this variation as a percentage of the 2004 total?

Question: and concerning these same two years, how much did the 2005 total represent in relation to the 2004 one?

Answer: 1.71179


and subsidiaries management 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 .

the table below presents market risk for positions , accounted for at fair value , that are not included in var by asset category. .

in the table above : 2030 the market risk of these positions is determined by estimating the potential reduction in net revenues of a 10% ( 10 % ) decline in the value of these positions .

2030 equity positions 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 .

2030 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 .

2030 equity and debt funded positions are included in our consolidated statements of financial condition in financial instruments owned .

see note 6 to the consolidated financial statements for further information about cash instruments .

2030 these measures do not reflect the diversification effect across asset categories or across other market risk measures .

credit spread sensitivity on derivatives and financial liabilities .

var excludes the impact of changes in counterparty and our own credit spreads on derivatives , as well as changes in our own credit spreads ( debt valuation adjustment ) on financial liabilities 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 $ 3 million and $ 2 million ( including hedges ) as of december 2017 and december 2016 , respectively .

in addition , the estimated sensitivity to a one basis point increase in our own credit spreads on financial liabilities for which the fair value option was elected was a gain of $ 35 million and $ 25 million as of december 2017 and december 2016 , 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 financial liabilities for which the fair value option was elected , as well as the relative performance of any hedges undertaken .

loans receivable as of december 2017 and december 2016 were $ 65.93 billion and $ 49.67 billion , respectively , substantially all of which had floating interest rates .

as of december 2017 and december 2016 , the estimated sensitivity to a 100 basis point increase in interest rates on such loans was $ 527 million and $ 405 million , respectively , of additional interest income over a twelve-month period , which does not take into account the potential impact of an increase in costs to fund such loans .

see note 9 to the consolidated financial statements for further information about loans receivable .

other market risk considerations as of december 2017 and december 2016 , we had commitments and held loans for which we have obtained credit loss protection from sumitomo mitsui financial group , inc .

see note 18 to the consolidated financial statements for further information about such lending commitments .

in addition , we make investments in securities that are accounted for as available-for-sale and included in financial instruments owned in the consolidated statements of financial condition .

see note 6 to the consolidated financial statements for further information .

we also make investments accounted for under the equity method and we also make direct investments in real estate , both of which are included in other assets .

direct investments in real estate are accounted for at cost less accumulated depreciation .

see note 13 to the consolidated financial statements for further information about other assets .

1	$ in millions	as of december 2017	as of december 2016	as of december 2015

2	equity	$ 2096	$ 2085	$ 2157

3	debt	1606	1702	1479

4	total	$ 3702	$ 3787	$ 3636

Question: between the years of 2015 and 2016, what was the change in the estimated sensitivity to a one basis point increase in credit spreads on financial liabilities for which the fair value option was elected?

Answer: 10.0


in the table above : 2030 the market risk of these positions is determined by estimating the potential reduction in net revenues of a 10% ( 10 % ) decline in the value of these positions .

2030 equity positions 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 .

2030 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 .

2030 equity and debt funded positions are included in our consolidated statements of financial condition in financial instruments owned .

see note 6 to the consolidated financial statements for further information about cash instruments .

2030 these measures do not reflect the diversification effect across asset categories or across other market risk measures .

credit spread sensitivity on derivatives and financial liabilities .

var excludes the impact of changes in counterparty and our own credit spreads on derivatives , as well as changes in our own credit spreads ( debt valuation adjustment ) on financial liabilities 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 $ 3 million and $ 2 million ( including hedges ) as of december 2017 and december 2016 , respectively .

in addition , the estimated sensitivity to a one basis point increase in our own credit spreads on financial liabilities for which the fair value option was elected was a gain of $ 35 million and $ 25 million as of december 2017 and december 2016 , 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 financial liabilities for which the fair value option was elected , as well as the relative performance of any hedges undertaken .

loans receivable as of december 2017 and december 2016 were $ 65.93 billion and $ 49.67 billion , respectively , substantially all of which had floating interest rates .

as of december 2017 and december 2016 , the estimated sensitivity to a 100 basis point increase in interest rates on such loans was $ 527 million and $ 405 million , respectively , of additional interest income over a twelve-month period , which does not take into account the potential impact of an increase in costs to fund such loans .

see note 9 to the consolidated financial statements for further information about loans receivable .

other market risk considerations as of december 2017 and december 2016 , we had commitments and held loans for which we have obtained credit loss protection from sumitomo mitsui financial group , inc .

see note 18 to the consolidated financial statements for further information about such lending commitments .

in addition , we make investments in securities that are accounted for as available-for-sale and included in financial instruments owned in the consolidated statements of financial condition .

see note 6 to the consolidated financial statements for further information .

we also make investments accounted for under the equity method and we also make direct investments in real estate , both of which are included in other assets .

direct investments in real estate are accounted for at cost less accumulated depreciation .

see note 13 to the consolidated financial statements for further information about other assets .

between the years of 2015 and 2016, what was the change in the estimated sensitivity to a one basis point increase in credit spreads on financial liabilities for which the fair value option was elected?

Question: and in the subsequent year of this period, in 2017, what percentage of the total market risk for positions, accounted for at fair value, that are not included in var, was due to equity?

Answer: 0.56618


the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2012 estimated expense as a baseline .

change in assumption ( a ) estimated increase to 2012 pension expense ( in millions ) .

( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .

our pension plan contribution requirements are not particularly sensitive to actuarial assumptions .

investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years .

also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .

we do not expect to be required by law to make any contributions to the plan during 2012 .

we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees .

recourse and repurchase obligations as discussed in note 3 loan sale and servicing activities and variable interest entities in the notes to consolidated financial statements in item 8 of this report , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .

one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .

commercial mortgage loan recourse obligations we originate , close , and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .

we participated in a similar program with the fhlmc .

under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .

at december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .

the potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .

we maintain a reserve for estimated losses based on our exposure .

the reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .

if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .

our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .

residential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .

these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .

residential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .

as discussed in note 3 in the notes to consolidated financial statements in item 8 of this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and the government national mortgage association ( gnma ) program , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .

our historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with federal housing agency ( fha ) and department of veterans affairs ( va ) -insured and uninsured loans pooled in gnma securitizations historically have been minimal .

repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .

pnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .

pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of the whole-loans sold in these transactions .

repurchase activity associated with brokered home equity lines/loans are reported in the non-strategic assets portfolio segment .

loan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to the pnc financial services group , inc .

1	change in assumption ( a )	estimatedincrease to 2012pensionexpense ( in millions )

2	.5% ( .5 % ) decrease in discount rate	$ 23

3	.5% ( .5 % ) decrease in expected long-term return on assets	$ 18

4	.5% ( .5 % ) increase in compensation rate	$ 2

Question: what was the unpaid principal balance outstanding of loans sold as a participant in these programs in 2011, in billions?

Answer: 13.0


( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .

our pension plan contribution requirements are not particularly sensitive to actuarial assumptions .

investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years .

also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .

we do not expect to be required by law to make any contributions to the plan during 2012 .

we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees .

recourse and repurchase obligations as discussed in note 3 loan sale and servicing activities and variable interest entities in the notes to consolidated financial statements in item 8 of this report , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .

one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .

commercial mortgage loan recourse obligations we originate , close , and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .

we participated in a similar program with the fhlmc .

under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .

at december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .

the potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .

we maintain a reserve for estimated losses based on our exposure .

the reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .

if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .

our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .

residential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .

these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .

residential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .

as discussed in note 3 in the notes to consolidated financial statements in item 8 of this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and the government national mortgage association ( gnma ) program , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .

our historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with federal housing agency ( fha ) and department of veterans affairs ( va ) -insured and uninsured loans pooled in gnma securitizations historically have been minimal .

repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .

pnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .

pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of the whole-loans sold in these transactions .

repurchase activity associated with brokered home equity lines/loans are reported in the non-strategic assets portfolio segment .

loan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to the pnc financial services group , inc .

what was the unpaid principal balance outstanding of loans sold as a participant in these programs in 2011, in billions?

Question: and what was it in 2010, also in billions?

Answer: 13.2


( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .

our pension plan contribution requirements are not particularly sensitive to actuarial assumptions .

investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years .

also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .

we do not expect to be required by law to make any contributions to the plan during 2012 .

we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees .

recourse and repurchase obligations as discussed in note 3 loan sale and servicing activities and variable interest entities in the notes to consolidated financial statements in item 8 of this report , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .

one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .

commercial mortgage loan recourse obligations we originate , close , and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .

we participated in a similar program with the fhlmc .

under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .

at december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .

the potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .

we maintain a reserve for estimated losses based on our exposure .

the reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .

if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .

our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .

residential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .

these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .

residential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .

as discussed in note 3 in the notes to consolidated financial statements in item 8 of this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and the government national mortgage association ( gnma ) program , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .

our historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with federal housing agency ( fha ) and department of veterans affairs ( va ) -insured and uninsured loans pooled in gnma securitizations historically have been minimal .

repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .

pnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .

pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of the whole-loans sold in these transactions .

repurchase activity associated with brokered home equity lines/loans are reported in the non-strategic assets portfolio segment .

loan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to the pnc financial services group , inc .

and what was it in 2010, also in billions?

Question: what was, then, in billions, the total unpaid principal balance outstanding in both years combined?

Answer: 26.2


( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .

our pension plan contribution requirements are not particularly sensitive to actuarial assumptions .

investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years .

also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .

we do not expect to be required by law to make any contributions to the plan during 2012 .

we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees .

recourse and repurchase obligations as discussed in note 3 loan sale and servicing activities and variable interest entities in the notes to consolidated financial statements in item 8 of this report , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .

one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .

commercial mortgage loan recourse obligations we originate , close , and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .

we participated in a similar program with the fhlmc .

under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .

at december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .

the potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .

we maintain a reserve for estimated losses based on our exposure .

the reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .

if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .

our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .

residential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .

these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .

residential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .

as discussed in note 3 in the notes to consolidated financial statements in item 8 of this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and the government national mortgage association ( gnma ) program , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .

our historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with federal housing agency ( fha ) and department of veterans affairs ( va ) -insured and uninsured loans pooled in gnma securitizations historically have been minimal .

repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .

pnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .

pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of the whole-loans sold in these transactions .

repurchase activity associated with brokered home equity lines/loans are reported in the non-strategic assets portfolio segment .

loan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to the pnc financial services group , inc .

what was, then, in billions, the total unpaid principal balance outstanding in both years combined?

Question: and what is the average between them, in billions?

Answer: 13.1


jpmorgan chase & co./2014 annual report 63 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co .

( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index .

the s&p 500 index is a commonly referenced u.s .

equity benchmark consisting of leading companies from different economic sectors .

the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .

and is composed of 24 leading national money center and regional banks and thrifts .

the s&p financial index is an index of 85 financial companies , all of which are components of the s&p 500 .

the firm is a component of all three industry indices .

the following table and graph assume simultaneous investments of $ 100 on december 31 , 2009 , in jpmorgan chase common stock and in each of the above indices .

the comparison assumes that all dividends are reinvested .

Question: what was the change in the return of the kbw bank index from 2009 to 2014?

Answer: 89.69


what was the change in the return of the kbw bank index from 2009 to 2014?

Question: and how much does this change represent in relation to that return in 2009?

Answer: 0.8969


long-term borrowings the carrying value and fair value of long-term borrowings estimated using market prices at december 31 , 2013 included the following : ( in millions ) maturity amount unamortized discount carrying value fair value .

long-term borrowings at december 31 , 2012 had a carrying value of $ 5.687 billion and a fair value of $ 6.275 billion determined using market prices at the end of december 2012 .

in may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .

these notes were issued as two separate series of senior debt securities including $ 750 million of 1.375% ( 1.375 % ) notes maturing in june 2015 ( the 201c2015 notes 201d ) and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) .

net proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes .

interest on the 2015 notes and the 2022 notes of approximately $ 10 million and $ 25 million per year , respectively , is payable semi-annually on june 1 and december 1 of each year , which commenced december 1 , 2012 .

the 2015 notes and 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

the 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2015 and 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security .

the 2015 notes and 2022 notes were issued at a discount of $ 5 million that is being amortized over the term of the notes .

the company incurred approximately $ 7 million of debt issuance costs , which are being amortized over the respective terms of the 2015 notes and 2022 notes .

at december 31 , 2013 , $ 5 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .

these notes were issued as two separate series of senior debt securities including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes ( 201c2013 floating rate notes 201d ) , which were repaid in may 2013 at maturity .

net proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc .

interest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , which commenced november 24 , 2011 , and is approximately $ 32 million per year .

the 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

the 2021 notes were issued at a discount of $ 4 million that is being amortized over the term of the notes .

the company incurred approximately $ 7 million of debt issuance costs for the $ 1.5 billion note issuances , which are being amortized over the respective terms of the notes .

at december 31 , 2013 , $ 3 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in may 2011 , in conjunction with the issuance of the 2013 floating rate notes , the company entered into a $ 750 million notional interest rate swap maturing in 2013 to hedge the future cash flows of its obligation at a fixed rate of 1.03% ( 1.03 % ) .

during the second quarter of 2013 , the interest rate swap matured and the 2013 floating rate notes were fully repaid .

in december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations .

these notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2014 and 2019 , respectively .

net proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors ( 201cbgi 201d ) from barclays on december 1 , 2009 ( the 201cbgi transaction 201d ) , and for general corporate purposes .

interest on the 2014 notes and 2019 notes of approximately $ 35 million and $ 50 million per year , respectively , is payable semi-annually in arrears on june 10 and december 10 of each year .

these notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

these notes were issued collectively at a discount of $ 5 million , which is being amortized over the respective terms of the notes .

the company incurred approximately $ 13 million of debt issuance costs , which are being amortized over the respective terms of these notes .

at december 31 , 2013 , $ 4 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in september 2007 , the company issued $ 700 million in aggregate principal amount of 6.25% ( 6.25 % ) senior unsecured and unsubordinated notes maturing on september 15 , 2017 ( the 201c2017 notes 201d ) .

a portion of the net proceeds of the 2017 notes was used to fund the initial cash payment for the acquisition of the fund of funds business of quellos and the remainder was used for general corporate purposes .

interest is payable semi-annually in arrears on march 15 and september 15 of each year , or approximately $ 44 million per year .

Question: what is the sum of carrying value of notes due 2014 and 2015?

Answer: 1750.0


long-term borrowings at december 31 , 2012 had a carrying value of $ 5.687 billion and a fair value of $ 6.275 billion determined using market prices at the end of december 2012 .

in may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .

these notes were issued as two separate series of senior debt securities including $ 750 million of 1.375% ( 1.375 % ) notes maturing in june 2015 ( the 201c2015 notes 201d ) and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) .

net proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes .

interest on the 2015 notes and the 2022 notes of approximately $ 10 million and $ 25 million per year , respectively , is payable semi-annually on june 1 and december 1 of each year , which commenced december 1 , 2012 .

the 2015 notes and 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

the 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2015 and 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security .

the 2015 notes and 2022 notes were issued at a discount of $ 5 million that is being amortized over the term of the notes .

the company incurred approximately $ 7 million of debt issuance costs , which are being amortized over the respective terms of the 2015 notes and 2022 notes .

at december 31 , 2013 , $ 5 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .

these notes were issued as two separate series of senior debt securities including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes ( 201c2013 floating rate notes 201d ) , which were repaid in may 2013 at maturity .

net proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc .

interest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , which commenced november 24 , 2011 , and is approximately $ 32 million per year .

the 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

the 2021 notes were issued at a discount of $ 4 million that is being amortized over the term of the notes .

the company incurred approximately $ 7 million of debt issuance costs for the $ 1.5 billion note issuances , which are being amortized over the respective terms of the notes .

at december 31 , 2013 , $ 3 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in may 2011 , in conjunction with the issuance of the 2013 floating rate notes , the company entered into a $ 750 million notional interest rate swap maturing in 2013 to hedge the future cash flows of its obligation at a fixed rate of 1.03% ( 1.03 % ) .

during the second quarter of 2013 , the interest rate swap matured and the 2013 floating rate notes were fully repaid .

in december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations .

these notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2014 and 2019 , respectively .

net proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors ( 201cbgi 201d ) from barclays on december 1 , 2009 ( the 201cbgi transaction 201d ) , and for general corporate purposes .

interest on the 2014 notes and 2019 notes of approximately $ 35 million and $ 50 million per year , respectively , is payable semi-annually in arrears on june 10 and december 10 of each year .

these notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

these notes were issued collectively at a discount of $ 5 million , which is being amortized over the respective terms of the notes .

the company incurred approximately $ 13 million of debt issuance costs , which are being amortized over the respective terms of these notes .

at december 31 , 2013 , $ 4 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

in september 2007 , the company issued $ 700 million in aggregate principal amount of 6.25% ( 6.25 % ) senior unsecured and unsubordinated notes maturing on september 15 , 2017 ( the 201c2017 notes 201d ) .

a portion of the net proceeds of the 2017 notes was used to fund the initial cash payment for the acquisition of the fund of funds business of quellos and the remainder was used for general corporate purposes .

interest is payable semi-annually in arrears on march 15 and september 15 of each year , or approximately $ 44 million per year .

what is the sum of carrying value of notes due 2014 and 2015?

Question: what is the sum including those due in 2017?

Answer: 2448.0


impairment net unrealized losses on securities available for sale were as follows as of december 31: .

the above net unrealized loss amounts at december 31 , 2009 and december 31 , 2008 excluded the remaining net unrealized loss of $ 1.01 billion , or $ 635 million after-tax , and $ 2.27 billion , or $ 1.39 billion after- tax , respectively , related to reclassifications of securities available for sale to securities held to maturity .

these after-tax amounts are recorded in other comprehensive income .

the decline in the remaining after-tax unrealized loss amounts related to transferred securities resulted from amortization and from the recognition of losses from other-than-temporary impairment on certain of the securities .

we conduct periodic reviews of individual securities to assess whether other-than-temporary impairment exists .

to the extent that other-than-temporary impairment is identified , the impairment is broken into a credit component and a non-credit component .

the credit component is recognized in our consolidated statement of income , and the non-credit component is recognized in other comprehensive income to the extent that management does not intend to sell the security ( see note 3 of the notes to consolidated financial statements included under item 8 ) .

the assessment of other-than-temporary impairment involves an evaluation of economic and security- specific factors , which are more fully described in note 3 .

such factors are based upon estimates , derived by management , which contemplate current market conditions and security-specific performance .

to the extent that market conditions are worse than management 2019s expectations , other-than-temporary impairment could increase , in particular the credit component that would be recognized in our consolidated statement of income .

national housing prices , according to the case-shiller national hpi , have declined to date approximately 30% ( 30 % ) peak-to-current .

management currently estimates that national housing prices will continue to decline and bottom out during the second half of 2010 , consistent with a peak-to-trough housing price decline of approximately 37% ( 37 % ) .

as an indication of the sensitivity of our portfolio with respect to our more significant assumptions underlying our assessment of impairment , if we were to increase our default estimates to 110% ( 110 % ) of management 2019s current expectations with a corresponding slowing of prepayment speeds to 90% ( 90 % ) of management 2019s current expectations , credit-related other-than-temporary impairment could increase by approximately $ 120 million to $ 125 million , which impairment would be recorded in our consolidated statement of income .

excluding the securities for which other-than-temporary impairment was recorded , management considers the aggregate decline in fair value of the remaining securities and the resulting net unrealized losses to be temporary and not the result of any material changes in the credit characteristics of the securities .

additional information about our assessment of impairment is provided in note 3 of the notes to consolidated financial statements included under item 8. .

Question: what is the net change in amortized cost during 2009?

Answer: 14057.0


what is the net change in amortized cost during 2009?

Question: what is that over the 2008 value?

Answer: 0.23125


transaction and commercial issues in many of our businesses .

these skills are a valuable resource as we monitor regulatory and tariff schemes to determine our capital budgeting needs and integrate acquisitions .

the company expects to realize cost reduction and performance improvement benefits in both earnings and cash flows ; however , there can be no assurance that the reductions and improvements will continue and our inability to sustain the reductions and improvements may result in less than expected earnings and cash flows in 2004 and beyond .

asset sales during 2003 , we continued the initiative to sell all or part of certain of the company 2019s subsidiaries .

this initiative was designed to decrease the company 2019s dependence on access to capital markets and improve the strength of our balance sheet by reducing financial leverage and improving liquidity .

the following chart details the asset sales that were closed during 2003 .

sales proceeds project name date completed ( in millions ) location .

the company continues to evaluate its portfolio and business performance and may decide to dispose of additional businesses in the future .

however given the improvements in our liquidity there will be a lower emphasis placed on asset sales in the future for purposes of improving liquidity and strengthening the balance sheet .

for any sales that happen in the future , there can be no guarantee that the proceeds from such sale transactions will cover the entire investment in the subsidiaries .

depending on which businesses are eventually sold , the entire or partial sale of any business may change the current financial characteristics of the company 2019s portfolio and results of operations .

furthermore future sales may impact the amount of recurring earnings and cash flows the company would expect to achieve .

subsidiary restructuring during 2003 , we completed and initiated restructuring transactions for several of our south american businesses .

the efforts are focused on improving the businesses long-term prospects for generating acceptable returns on invested capital or extending short-term debt maturities .

businesses impacted include eletropaulo , tiete , uruguaiana and sul in brazil and gener in chile .

aes has owned an interest in eletropaulo since april 1998 , when the company was privatized .

in february 2002 aes acquired a controlling interest in the business and as a consequence started to consolidate it .

aes financed a significant portion of the acquisition of eletropaulo , including both common and preferred shares , through loans and deferred purchase price financing arrangements provided by the brazilian national development bank 2014 ( 2018 2018bndes 2019 2019 ) , and its wholly-owned subsidiary , bndes participac 0327o 0303es s.a .

( 2018 2018bndespar 2019 2019 ) , to aes 2019s subsidiaries , aes elpa s.a .

( 2018 2018aes elpa 2019 2019 ) and aes transgas empreendimentos , s.a .

1	project name	date completed	sales proceeds ( in millions )	location

2	cilcorp/medina valley	january 2003	$ 495	united states

3	aes ecogen/aes mt . stuart	january 2003	$ 59	australia

4	mountainview	march 2003	$ 30	united states

5	kelvin	march 2003	$ 29	south africa

6	songas	april 2003	$ 94	tanzania

7	aes barry limited	july 2003	a340/$ 62	united kingdom

8	aes haripur private ltd/aes meghnaghat ltd	december 2003	$ 145	bangladesh

9	aes mtkvari/aes khrami/aes telasi	august 2003	$ 23	republic of georgia

10	medway power limited/aes medway operations limited	november 2003	a347/$ 78	united kingdom

11	aes oasis limited	december 2003	$ 150	pakistan/oman

Question: what were the sales proceeds from cilcorp/medina valley in january 2003?

Answer: 495.0


what were the sales proceeds from cilcorp/medina valley in january 2003?

Question: what were the proceeds from aes ecogen/aes mt . stuart in january 2003?

Answer: 59.0


what were the proceeds from aes ecogen/aes mt . stuart in january 2003?

Question: what is the sum?

Answer: 554.0


Question: what is the sum including mountainview proceeds?

Answer: 584.0


what is the sum including mountainview proceeds?

Question: what is the proceeds from kelvin?

Answer: 29.0


Question: what is the total sum from the 4 projects?

Answer: 613.0


oneok partners 2019 commodity price risk is estimated as a hypothetical change in the price of ngls , crude oil and natural gas at december 31 , 2008 , excluding the effects of hedging and assuming normal operating conditions .

oneok partners 2019 condensate sales are based on the price of crude oil .

oneok partners estimates the following : 2022 a $ 0.01 per gallon decrease in the composite price of ngls would decrease annual net margin by approximately $ 1.2 million ; 2022 a $ 1.00 per barrel decrease in the price of crude oil would decrease annual net margin by approximately $ 1.0 million ; and 2022 a $ 0.10 per mmbtu decrease in the price of natural gas would decrease annual net margin by approximately $ 0.6 million .

the above estimates of commodity price risk do not include any effects on demand for its services that might be caused by , or arise in conjunction with , price changes .

for example , a change in the gross processing spread may cause a change in the amount of ethane extracted from the natural gas stream , impacting gathering and processing margins , ngl exchange revenues , natural gas deliveries , and ngl volumes shipped and fractionated .

oneok partners is also exposed to commodity price risk primarily as a result of ngls in storage , the relative values of the various ngl products to each other , the relative value of ngls to natural gas and the relative value of ngl purchases at one location and sales at another location , known as basis risk .

oneok partners utilizes fixed-price physical forward contracts to reduce earnings volatility related to ngl price fluctuations .

oneok partners has not entered into any financial instruments with respect to its ngl marketing activities .

in addition , oneok partners is exposed to commodity price risk as its natural gas interstate and intrastate pipelines collect natural gas from its customers for operations or as part of its fee for services provided .

when the amount of natural gas consumed in operations by these pipelines differs from the amount provided by its customers , the pipelines must buy or sell natural gas , or store or use natural gas from inventory , which exposes oneok partners to commodity price risk .

at december 31 , 2008 , there were no hedges in place with respect to natural gas price risk from oneok partners 2019 natural gas pipeline business .

distribution our distribution segment uses derivative instruments to hedge the cost of anticipated natural gas purchases during the winter heating months to protect their customers from upward volatility in the market price of natural gas .

gains or losses associated with these derivative instruments are included in , and recoverable through , the monthly purchased gas cost mechanism .

energy services our energy services segment is exposed to commodity price risk , basis risk and price volatility arising from natural gas in storage , requirement contracts , asset management contracts and index-based purchases and sales of natural gas at various market locations .

we minimize the volatility of our exposure to commodity price risk through the use of derivative instruments , which , under certain circumstances , are designated as cash flow or fair value hedges .

we are also exposed to commodity price risk from fixed-price purchases and sales of natural gas , which we hedge with derivative instruments .

both the fixed-price purchases and sales and related derivatives are recorded at fair value .

fair value component of the energy marketing and risk management assets and liabilities - the following table sets forth the fair value component of the energy marketing and risk management assets and liabilities , excluding $ 21.0 million of net liabilities from derivative instruments declared as either fair value or cash flow hedges. .

( a ) - the maturiti es of derivatives are based on inject ion and withdrawal periods from april through m arc h , which is consistent with our business s trategy .

the maturities are as fol lows : $ 225.0 mi llion matures through march 2009 , $ 33.9 mi llion matures through march 2012 and $ ( 0.1 ) mil lion matures through march 2014 .

fair v alue com ponent of energy m arketing and risk m anagement assets and liabili ti es .

1		( thousands of dollars )

2	net fair value of derivatives outstanding at december 31 2007	$ 25171

3	derivatives reclassified or otherwise settled during the period	-55874 ( 55874 )

4	fair value of new derivatives entered into during the period	236772

5	other changes in fair value	52731

6	net fair value of derivatives outstanding at december 31 2008 ( a )	$ 258800

Question: what was the net change in the fair value of derivatives outstanding from 2007 to 2008?

Answer: 233629.0


oneok partners 2019 commodity price risk is estimated as a hypothetical change in the price of ngls , crude oil and natural gas at december 31 , 2008 , excluding the effects of hedging and assuming normal operating conditions .

oneok partners 2019 condensate sales are based on the price of crude oil .

oneok partners estimates the following : 2022 a $ 0.01 per gallon decrease in the composite price of ngls would decrease annual net margin by approximately $ 1.2 million ; 2022 a $ 1.00 per barrel decrease in the price of crude oil would decrease annual net margin by approximately $ 1.0 million ; and 2022 a $ 0.10 per mmbtu decrease in the price of natural gas would decrease annual net margin by approximately $ 0.6 million .

the above estimates of commodity price risk do not include any effects on demand for its services that might be caused by , or arise in conjunction with , price changes .

for example , a change in the gross processing spread may cause a change in the amount of ethane extracted from the natural gas stream , impacting gathering and processing margins , ngl exchange revenues , natural gas deliveries , and ngl volumes shipped and fractionated .

oneok partners is also exposed to commodity price risk primarily as a result of ngls in storage , the relative values of the various ngl products to each other , the relative value of ngls to natural gas and the relative value of ngl purchases at one location and sales at another location , known as basis risk .

oneok partners utilizes fixed-price physical forward contracts to reduce earnings volatility related to ngl price fluctuations .

oneok partners has not entered into any financial instruments with respect to its ngl marketing activities .

in addition , oneok partners is exposed to commodity price risk as its natural gas interstate and intrastate pipelines collect natural gas from its customers for operations or as part of its fee for services provided .

when the amount of natural gas consumed in operations by these pipelines differs from the amount provided by its customers , the pipelines must buy or sell natural gas , or store or use natural gas from inventory , which exposes oneok partners to commodity price risk .

at december 31 , 2008 , there were no hedges in place with respect to natural gas price risk from oneok partners 2019 natural gas pipeline business .

distribution our distribution segment uses derivative instruments to hedge the cost of anticipated natural gas purchases during the winter heating months to protect their customers from upward volatility in the market price of natural gas .

gains or losses associated with these derivative instruments are included in , and recoverable through , the monthly purchased gas cost mechanism .

energy services our energy services segment is exposed to commodity price risk , basis risk and price volatility arising from natural gas in storage , requirement contracts , asset management contracts and index-based purchases and sales of natural gas at various market locations .

we minimize the volatility of our exposure to commodity price risk through the use of derivative instruments , which , under certain circumstances , are designated as cash flow or fair value hedges .

we are also exposed to commodity price risk from fixed-price purchases and sales of natural gas , which we hedge with derivative instruments .

both the fixed-price purchases and sales and related derivatives are recorded at fair value .

fair value component of the energy marketing and risk management assets and liabilities - the following table sets forth the fair value component of the energy marketing and risk management assets and liabilities , excluding $ 21.0 million of net liabilities from derivative instruments declared as either fair value or cash flow hedges. .

what was the net change in the fair value of derivatives outstanding from 2007 to 2008?

Question: what was the value in 2007?

Answer: 25171.0


oneok partners 2019 commodity price risk is estimated as a hypothetical change in the price of ngls , crude oil and natural gas at december 31 , 2008 , excluding the effects of hedging and assuming normal operating conditions .

oneok partners 2019 condensate sales are based on the price of crude oil .

oneok partners estimates the following : 2022 a $ 0.01 per gallon decrease in the composite price of ngls would decrease annual net margin by approximately $ 1.2 million ; 2022 a $ 1.00 per barrel decrease in the price of crude oil would decrease annual net margin by approximately $ 1.0 million ; and 2022 a $ 0.10 per mmbtu decrease in the price of natural gas would decrease annual net margin by approximately $ 0.6 million .

the above estimates of commodity price risk do not include any effects on demand for its services that might be caused by , or arise in conjunction with , price changes .

for example , a change in the gross processing spread may cause a change in the amount of ethane extracted from the natural gas stream , impacting gathering and processing margins , ngl exchange revenues , natural gas deliveries , and ngl volumes shipped and fractionated .

oneok partners is also exposed to commodity price risk primarily as a result of ngls in storage , the relative values of the various ngl products to each other , the relative value of ngls to natural gas and the relative value of ngl purchases at one location and sales at another location , known as basis risk .

oneok partners utilizes fixed-price physical forward contracts to reduce earnings volatility related to ngl price fluctuations .

oneok partners has not entered into any financial instruments with respect to its ngl marketing activities .

in addition , oneok partners is exposed to commodity price risk as its natural gas interstate and intrastate pipelines collect natural gas from its customers for operations or as part of its fee for services provided .

when the amount of natural gas consumed in operations by these pipelines differs from the amount provided by its customers , the pipelines must buy or sell natural gas , or store or use natural gas from inventory , which exposes oneok partners to commodity price risk .

at december 31 , 2008 , there were no hedges in place with respect to natural gas price risk from oneok partners 2019 natural gas pipeline business .

distribution our distribution segment uses derivative instruments to hedge the cost of anticipated natural gas purchases during the winter heating months to protect their customers from upward volatility in the market price of natural gas .

gains or losses associated with these derivative instruments are included in , and recoverable through , the monthly purchased gas cost mechanism .

energy services our energy services segment is exposed to commodity price risk , basis risk and price volatility arising from natural gas in storage , requirement contracts , asset management contracts and index-based purchases and sales of natural gas at various market locations .

we minimize the volatility of our exposure to commodity price risk through the use of derivative instruments , which , under certain circumstances , are designated as cash flow or fair value hedges .

we are also exposed to commodity price risk from fixed-price purchases and sales of natural gas , which we hedge with derivative instruments .

both the fixed-price purchases and sales and related derivatives are recorded at fair value .

fair value component of the energy marketing and risk management assets and liabilities - the following table sets forth the fair value component of the energy marketing and risk management assets and liabilities , excluding $ 21.0 million of net liabilities from derivative instruments declared as either fair value or cash flow hedges. .

Question: what is the net change over the 2007 value?

Answer: 9.28167