during 2009 , the company converted its stock administration system to a new service provider .

in connection with this conversion , a reconciliation of the methodologies and estimates utilized was performed , which resulted in a $ 12 million reduction of expense for the year ended december 31 , 2009 .

stock awards stock awards , in the form of rsus , are granted to certain employees and consist of both performance-based and service-based rsus .

service-based awards generally vest between three and ten years from the date of grant .

the fair value of service-based awards is based upon the market value of the underlying common stock at the date of grant .

with certain limited exceptions , any break in continuous employment will cause the forfeiture of all unvested awards .

compensation expense associated with stock awards is recognized over the service period .

dividend equivalents are paid on certain service-based rsus , based on the initial grant amount .

performance-based rsus have been granted to certain employees .

vesting of these awards is contingent upon meeting various individual , divisional or company-wide performance conditions , including revenue generation or growth in revenue , pretax income or earnings per share over a one- to five-year period .

the performance conditions are not considered in the determination of the grant date fair value for these awards .

the fair value of performance-based awards is based upon the market price of the underlying common stock at the date of grant .

compensation expense is recognized over the performance period , and in certain cases an additional vesting period , based on management 2019s estimate of the number of units expected to vest .

compensation expense is adjusted to reflect the actual number of shares paid out at the end of the programs .

the actual payout of shares under these performance- based plans may range from 0-200% ( 0-200 % ) of the number of units granted , based on the plan .

dividend equivalents are generally not paid on the performance-based rsus .

during 2010 , the company granted approximately 1.6 million shares in connection with the completion of the 2007 leadership performance plan ( 2018 2018lpp 2019 2019 ) cycle and 84000 shares related to other performance plans .

during 2010 , 2009 and 2008 , the company granted approximately 3.5 million .

Question: so what was the percentage increase over this time?

Answer: 0.05742


notes to consolidated financial statements 2014 ( continued ) the following table summarizes the activity in our gross unrecognized tax benefits for the years ended december 31: .

during 2015 , we settled tax matters in various states and puerto rico which reduced our gross unrecognized tax benefits by $ 13.9 million .

during 2014 , we settled tax matters in various jurisdictions and reduced our gross unrecognized tax benefits by $ 1.5 million .

during 2013 , we settled with the irs appeals division and the joint committee on taxation our 2009 and 2010 tax years .

the resolution of these tax periods in addition to various state tax resolutions during the year reduced our gross unrecognized tax benefits by $ 20.7 million .

included in our gross unrecognized tax benefits as of december 31 , 2015 and 2014 are $ 30.5 million and $ 45.6 million of unrecognized tax benefits ( net of the federal benefit on state matters ) that , if recognized , would affect our effective income tax rate in future periods .

we recognize interest and penalties as incurred within the provision for income taxes in our consolidated statements of income .

related to the unrecognized tax benefits previously noted , we recorded interest expense of approximately $ 1.2 million during 2015 and , in total as of december 31 , 2015 , have recognized a liability for penalties of $ 0.5 million and interest of $ 10.3 million .

during 2014 , we accrued interest of approximately $ 1.5 million and , in total as of december 31 , 2014 , had recognized a liability for penalties of $ 0.5 million and interest of $ 18.7 million .

during 2013 , we accrued interest of approximately $ 1.2 million and , in total as of december 31 , 2013 , had recognized a liability for penalties of $ 0.5 million and interest of $ 17.0 million .

gross unrecognized benefits that we expect to settle in the following twelve months are in the range of $ 0 to $ 10 million ; however , it is reasonably possible that the amount of unrecognized tax benefits may either increase or decrease in the next twelve months .

we are currently under examination or administrative review by state and local taxing authorities for various tax years .

we believe the recorded liabilities for uncertain tax positions are adequate .

however , a significant assessment against us in excess of the liabilities recorded could have a material adverse effect on our consolidated financial position , results of operations or cash flows. .

1		2015	2014	2013

2	balance at beginning of year	$ 70.1	$ 72.0	$ 84.7

3	additions based on tax positions related to current year	0.2	0.8	0.3

4	additions for tax positions of prior years	1.4	5.0	11.4

5	reductions for tax positions of prior years	-10.2 ( 10.2 )	-6.0 ( 6.0 )	-2.4 ( 2.4 )

6	reductions for tax positions resulting from lapse of statute of limitations	-0.6 ( 0.6 )	-0.2 ( 0.2 )	-1.3 ( 1.3 )

7	settlements	-13.9 ( 13.9 )	-1.5 ( 1.5 )	-20.7 ( 20.7 )

8	balance at end of year	$ 47.0	$ 70.1	$ 72.0

Question: what is the value of gross unrecognized tax benefits at the end of 2015?

Answer: 47.0


what is the value of gross unrecognized tax benefits at the end of 2015?

Question: what is the value at the end of 2014?

Answer: 70.1


Question: what is the 2015 value less the 2014?

Answer: -23.1


Question: what is the net change over the 2014 value?

Answer: -0.32953


the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2017 , 2016 , and 2015 on december 8 , 2017 , the board of directors declared a quarterly common stock dividend of $ 0.13 per share payable on february 15 , 2018 to shareholders of record at the close of business on february 1 , 2018 .

stock repurchase program 2014 no shares were repurchased in 2017 .

the cumulative repurchases from the commencement of the program in july 2010 through december 31 , 2017 totaled 154.3 million shares for a total cost of $ 1.9 billion , at an average price per share of $ 12.12 ( including a nominal amount of commissions ) .

as of december 31 , 2017 , $ 246 million remained available for repurchase under the program .

the common stock repurchased has been classified as treasury stock and accounted for using the cost method .

a total of 155924785 and 156878891 shares were held as treasury stock at december 31 , 2017 and 2016 , respectively .

restricted stock units under the company's employee benefit plans are issued from treasury stock .

the company has not retired any common stock repurchased since it began the program in july 2010 .

segments and geographic information the segment reporting structure uses the company's organizational structure as its foundation to reflect how the company manages the businesses internally and is organized by geographic regions which provides a socio- political-economic understanding of our business .

during the third quarter of 2017 , the europe and asia sbus were merged in order to leverage scale and are now reported as part of the eurasia sbu .

the management reporting structure is organized by five sbus led by our president and chief executive officer : us , andes , brazil , mcac and eurasia sbus .

the company determined that it has five operating and five reportable segments corresponding to its sbus .

all prior period results have been retrospectively revised to reflect the new segment reporting structure .

in february 2018 , we announced a reorganization as a part of our ongoing strategy to simplify our portfolio , optimize our cost structure , and reduce our carbon intensity .

the company is currently evaluating the impact this reorganization will have on our segment reporting structure .

corporate and other 2014 corporate overhead costs which are not directly associated with the operations of our five reportable segments are included in "corporate and other." also included are certain intercompany charges such as self-insurance premiums which are fully eliminated in consolidation .

the company uses adjusted ptc as its primary segment performance measure .

adjusted ptc , a non-gaap measure , is defined by the company as pre-tax income from continuing operations attributable to the aes corporation excluding gains or losses of the consolidated entity due to ( a ) unrealized gains or losses related to derivative transactions ; ( b ) unrealized foreign currency gains or losses ; ( c ) gains , losses and associated benefits and costs due to dispositions and acquisitions of business interests , including early plant closures ; ( d ) losses due to impairments ; ( e ) gains , losses and costs due to the early retirement of debt ; and ( f ) costs directly associated with a major restructuring program , including , but not limited to , workforce reduction efforts , relocations , and office consolidation .

adjusted ptc also includes net equity in earnings of affiliates on an after-tax basis adjusted for the same gains or losses excluded from consolidated entities .

the company has concluded adjusted ptc better reflects the underlying business performance of the company and is the most relevant measure considered in the company's internal evaluation of the financial performance of its segments .

additionally , given its large number of businesses and complexity , the company concluded that adjusted ptc is a more transparent measure that better assists investors in determining which businesses have the greatest impact on the company's results .

revenue and adjusted ptc are presented before inter-segment eliminations , which includes the effect of intercompany transactions with other segments except for interest , charges for certain management fees , and the write-off of intercompany balances , as applicable .

all intra-segment activity has been eliminated within the segment .

inter-segment activity has been eliminated within the total consolidated results .

the following tables present financial information by segment for the periods indicated ( in millions ) : .

1	year ended december 31,	total revenue 2017	total revenue 2016	total revenue 2015

2	us sbu	$ 3229	$ 3429	$ 3593

3	andes sbu	2710	2506	2489

4	brazil sbu	542	450	962

5	mcac sbu	2448	2172	2353

6	eurasia sbu	1590	1670	1875

7	corporate and other	35	77	31

8	eliminations	-24 ( 24 )	-23 ( 23 )	-43 ( 43 )

9	total revenue	$ 10530	$ 10281	$ 11260

Question: what percentage was eurasia sbu of the total revenue in 2017?

Answer: 0.151


the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2017 , 2016 , and 2015 on december 8 , 2017 , the board of directors declared a quarterly common stock dividend of $ 0.13 per share payable on february 15 , 2018 to shareholders of record at the close of business on february 1 , 2018 .

stock repurchase program 2014 no shares were repurchased in 2017 .

the cumulative repurchases from the commencement of the program in july 2010 through december 31 , 2017 totaled 154.3 million shares for a total cost of $ 1.9 billion , at an average price per share of $ 12.12 ( including a nominal amount of commissions ) .

as of december 31 , 2017 , $ 246 million remained available for repurchase under the program .

the common stock repurchased has been classified as treasury stock and accounted for using the cost method .

a total of 155924785 and 156878891 shares were held as treasury stock at december 31 , 2017 and 2016 , respectively .

restricted stock units under the company's employee benefit plans are issued from treasury stock .

the company has not retired any common stock repurchased since it began the program in july 2010 .

segments and geographic information the segment reporting structure uses the company's organizational structure as its foundation to reflect how the company manages the businesses internally and is organized by geographic regions which provides a socio- political-economic understanding of our business .

during the third quarter of 2017 , the europe and asia sbus were merged in order to leverage scale and are now reported as part of the eurasia sbu .

the management reporting structure is organized by five sbus led by our president and chief executive officer : us , andes , brazil , mcac and eurasia sbus .

the company determined that it has five operating and five reportable segments corresponding to its sbus .

all prior period results have been retrospectively revised to reflect the new segment reporting structure .

in february 2018 , we announced a reorganization as a part of our ongoing strategy to simplify our portfolio , optimize our cost structure , and reduce our carbon intensity .

the company is currently evaluating the impact this reorganization will have on our segment reporting structure .

corporate and other 2014 corporate overhead costs which are not directly associated with the operations of our five reportable segments are included in "corporate and other." also included are certain intercompany charges such as self-insurance premiums which are fully eliminated in consolidation .

the company uses adjusted ptc as its primary segment performance measure .

adjusted ptc , a non-gaap measure , is defined by the company as pre-tax income from continuing operations attributable to the aes corporation excluding gains or losses of the consolidated entity due to ( a ) unrealized gains or losses related to derivative transactions ; ( b ) unrealized foreign currency gains or losses ; ( c ) gains , losses and associated benefits and costs due to dispositions and acquisitions of business interests , including early plant closures ; ( d ) losses due to impairments ; ( e ) gains , losses and costs due to the early retirement of debt ; and ( f ) costs directly associated with a major restructuring program , including , but not limited to , workforce reduction efforts , relocations , and office consolidation .

adjusted ptc also includes net equity in earnings of affiliates on an after-tax basis adjusted for the same gains or losses excluded from consolidated entities .

the company has concluded adjusted ptc better reflects the underlying business performance of the company and is the most relevant measure considered in the company's internal evaluation of the financial performance of its segments .

additionally , given its large number of businesses and complexity , the company concluded that adjusted ptc is a more transparent measure that better assists investors in determining which businesses have the greatest impact on the company's results .

revenue and adjusted ptc are presented before inter-segment eliminations , which includes the effect of intercompany transactions with other segments except for interest , charges for certain management fees , and the write-off of intercompany balances , as applicable .

all intra-segment activity has been eliminated within the segment .

inter-segment activity has been eliminated within the total consolidated results .

the following tables present financial information by segment for the periods indicated ( in millions ) : .

what percentage was eurasia sbu of the total revenue in 2017?

Question: at 12/31/17, with an average price per share of $12.12, what would be the cost to repurchase all the remaining shares in the program?

Answer: 2981.52


stock performance graph this performance graph shall not be deemed 201cfiled 201d for purposes of section 18 of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of tractor supply company under the securities act of 1933 , as amended , or the exchange act .

the following graph compares the cumulative total stockholder return on our common stock from december 29 , 2012 to december 30 , 2017 ( the company 2019s fiscal year-end ) , with the cumulative total returns of the s&p 500 index and the s&p retail index over the same period .

the comparison assumes that $ 100 was invested on december 29 , 2012 , in our common stock and in each of the foregoing indices and in each case assumes reinvestment of dividends .

the historical stock price performance shown on this graph is not indicative of future performance. .

Question: what is the price of tractor supply company in 2013?

Answer: 174.14


what is the price of tractor supply company in 2013?

Question: what is the price in 2012?

Answer: 100.0


Question: what is the net change?

Answer: 74.14


Question: what is that change over 100?

Answer: 0.7414


performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 65691 common stockholders of record as of january 31 , 2018 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2017 .

the graph and table assume that $ 100 was invested on december 31 , 2012 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .

comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .

Question: what is the price of citi in 2017?

Answer: 193.5


Question: what is that less 100?

Answer: 93.5


what is the price of citi in 2017?
what is that less 100?

Question: what is the value of the s&p 500 in 2017?

Answer: 208.1


what is the value of the s&p 500 in 2017?

Question: what is that less 100?

Answer: 108.1


Question: what is the ratio of the difference of citi to the s&p 500?

Answer: 1.15615


as of december 31 , 2017 , the company had gross state income tax credit carry-forwards of approximately $ 20 million , which expire from 2018 through 2020 .

a deferred tax asset of approximately $ 16 million ( net of federal benefit ) has been established related to these state income tax credit carry-forwards , with a valuation allowance of $ 7 million against such deferred tax asset as of december 31 , 2017 .

the company had a gross state net operating loss carry-forward of $ 39 million , which expires in 2027 .

a deferred tax asset of approximately $ 3 million ( net of federal benefit ) has been established for the net operating loss carry-forward , with a full valuation allowance as of december 31 , 2017 .

other state and foreign net operating loss carry-forwards are separately and cumulatively immaterial to the company 2019s deferred tax balances and expire between 2026 and 2036 .

debt long-term debt consisted of the following: .

credit facility - in november 2017 , the company terminated its second amended and restated credit agreement and entered into a new credit agreement ( the "credit facility" ) with third-party lenders .

the credit facility includes a revolving credit facility of $ 1250 million , which may be drawn upon during a period of five years from november 22 , 2017 .

the revolving credit facility includes a letter of credit subfacility of $ 500 million .

the revolving credit facility has a variable interest rate on outstanding borrowings based on the london interbank offered rate ( "libor" ) plus a spread based upon the company's credit rating , which may vary between 1.125% ( 1.125 % ) and 1.500% ( 1.500 % ) .

the revolving credit facility also has a commitment fee rate on the unutilized balance based on the company 2019s leverage ratio .

the commitment fee rate as of december 31 , 2017 was 0.25% ( 0.25 % ) and may vary between 0.20% ( 0.20 % ) and 0.30% ( 0.30 % ) .

the credit facility contains customary affirmative and negative covenants , as well as a financial covenant based on a maximum total leverage ratio .

each of the company's existing and future material wholly owned domestic subsidiaries , except those that are specifically designated as unrestricted subsidiaries , are and will be guarantors under the credit facility .

in july 2015 , the company used cash on hand to repay all amounts outstanding under a prior credit facility , including $ 345 million in principal amount of outstanding term loans .

as of december 31 , 2017 , $ 15 million in letters of credit were issued but undrawn , and the remaining $ 1235 million of the revolving credit facility was unutilized .

the company had unamortized debt issuance costs associated with its credit facilities of $ 11 million and $ 8 million as of december 31 , 2017 and 2016 , respectively .

senior notes - in december 2017 , the company issued $ 600 million aggregate principal amount of unregistered 3.483% ( 3.483 % ) senior notes with registration rights due december 2027 , the net proceeds of which were used to repurchase the company's 5.000% ( 5.000 % ) senior notes due in 2021 in connection with the 2017 redemption described below .

in november 2015 , the company issued $ 600 million aggregate principal amount of unregistered 5.000% ( 5.000 % ) senior notes due november 2025 , the net proceeds of which were used to repurchase the company's 7.125% ( 7.125 % ) senior notes due in 2021 in connection with the 2015 tender offer and redemption described below .

interest on the company's senior notes is payable semi-annually .

the terms of the 5.000% ( 5.000 % ) and 3.483% ( 3.483 % ) senior notes limit the company 2019s ability and the ability of certain of its subsidiaries to create liens , enter into sale and leaseback transactions , sell assets , and effect consolidations or mergers .

the company had unamortized debt issuance costs associated with the senior notes of $ 15 million and $ 19 million as of december 31 , 2017 and 2016 , respectively. .

1	( $ in millions )	december 31 2017	december 31 2016

2	senior notes due december 15 2021 5.000% ( 5.000 % )	2014	600

3	senior notes due november 15 2025 5.000% ( 5.000 % )	600	600

4	senior notes due december 1 2027 3.483% ( 3.483 % )	600	2014

5	mississippi economic development revenue bonds due may 1 2024 7.81% ( 7.81 % )	84	84

6	gulf opportunity zone industrial development revenue bonds due december 1 2028 4.55% ( 4.55 % )	21	21

7	less unamortized debt issuance costs	-26 ( 26 )	-27 ( 27 )

8	total long-term debt	1279	1278

Question: what was the change in the unamortized debt issuance costs associated with the senior notes from 2016 to 2017?

Answer: -4.0


what was the change in the unamortized debt issuance costs associated with the senior notes from 2016 to 2017?

Question: and how much does this change represent in relation to those costs in 2016, in percentage?

Answer: -0.21053


the selection and disclosure of our critical accounting estimates have been discussed with our audit committee .

the following is a discussion of the more significant assumptions , estimates , accounting policies and methods used in the preparation of our consolidated financial statements : 2022 revenue recognition - we recognize revenue when persuasive evidence of an arrangement exists , delivery of product has occurred , the sales price is fixed or determinable and collectability is reasonably assured .

for our company , this means that revenue is recognized when title and risk of loss is transferred to our customers .

title transfers to our customers upon shipment or upon receipt at the customer's location as determined by the sales terms for each transaction .

the company estimates the cost of sales returns based on historical experience , and these estimates are normally immaterial .

2022 goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

we perform our annual impairment analysis in the first quarter of each year .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2015 , the carrying value of our goodwill was $ 7.4 billion , which is related to ten reporting units , each of which is comprised of a group of markets with similar economic characteristics .

the estimated fair value of our ten reporting units exceeded the carrying value as of december 31 , 2015 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non-amortizable intangible assets exceeded the carrying value , and any reasonable movement in the assumptions would not result in an impairment .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

2022 marketing and advertising costs - we incur certain costs to support our products through programs which include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer achieving the specified targets and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

we have not made any material changes in the accounting methodology used to estimate our marketing programs during the past three years .

2022 employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pensions and postretirement plans are as follows: .

we anticipate that assumption changes , coupled with decreased amortization of deferred losses , will decrease 2016 pre-tax u.s .

pension and postretirement expense to approximately $ 209 million as compared with approximately $ 240 million in 2015 , excluding .

Question: what is the net change in the non-us pension plans rate from 2014 to 2015?

Answer: -0.24


the selection and disclosure of our critical accounting estimates have been discussed with our audit committee .

the following is a discussion of the more significant assumptions , estimates , accounting policies and methods used in the preparation of our consolidated financial statements : 2022 revenue recognition - we recognize revenue when persuasive evidence of an arrangement exists , delivery of product has occurred , the sales price is fixed or determinable and collectability is reasonably assured .

for our company , this means that revenue is recognized when title and risk of loss is transferred to our customers .

title transfers to our customers upon shipment or upon receipt at the customer's location as determined by the sales terms for each transaction .

the company estimates the cost of sales returns based on historical experience , and these estimates are normally immaterial .

2022 goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

we perform our annual impairment analysis in the first quarter of each year .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2015 , the carrying value of our goodwill was $ 7.4 billion , which is related to ten reporting units , each of which is comprised of a group of markets with similar economic characteristics .

the estimated fair value of our ten reporting units exceeded the carrying value as of december 31 , 2015 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non-amortizable intangible assets exceeded the carrying value , and any reasonable movement in the assumptions would not result in an impairment .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

2022 marketing and advertising costs - we incur certain costs to support our products through programs which include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer achieving the specified targets and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

we have not made any material changes in the accounting methodology used to estimate our marketing programs during the past three years .

2022 employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pensions and postretirement plans are as follows: .

what is the net change in the non-us pension plans rate from 2014 to 2015?

Question: what is the rate for 2014?

Answer: 1.92


the selection and disclosure of our critical accounting estimates have been discussed with our audit committee .

the following is a discussion of the more significant assumptions , estimates , accounting policies and methods used in the preparation of our consolidated financial statements : 2022 revenue recognition - we recognize revenue when persuasive evidence of an arrangement exists , delivery of product has occurred , the sales price is fixed or determinable and collectability is reasonably assured .

for our company , this means that revenue is recognized when title and risk of loss is transferred to our customers .

title transfers to our customers upon shipment or upon receipt at the customer's location as determined by the sales terms for each transaction .

the company estimates the cost of sales returns based on historical experience , and these estimates are normally immaterial .

2022 goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

we perform our annual impairment analysis in the first quarter of each year .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2015 , the carrying value of our goodwill was $ 7.4 billion , which is related to ten reporting units , each of which is comprised of a group of markets with similar economic characteristics .

the estimated fair value of our ten reporting units exceeded the carrying value as of december 31 , 2015 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non-amortizable intangible assets exceeded the carrying value , and any reasonable movement in the assumptions would not result in an impairment .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

2022 marketing and advertising costs - we incur certain costs to support our products through programs which include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer achieving the specified targets and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

we have not made any material changes in the accounting methodology used to estimate our marketing programs during the past three years .

2022 employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pensions and postretirement plans are as follows: .

Question: what is the difference over the 2014 rate?

Answer: -0.125


notes to consolidated financial statements ( continued ) march 31 , 2004 5 .

income taxes ( continued ) the effective tax rate of zero differs from the statutory rate of 34% ( 34 % ) primarily due to the inability of the company to recognize deferred tax assets for its operating losses and tax credits .

of the total valuation allowance , approximately $ 2400000 relates to stock option compensation deductions .

the tax benefit associated with the stock option compensation deductions will be credited to equity when realized .

commitments and contingencies the company applies the disclosure provisions of fin no .

45 , guarantor 2019s accounting and disclosure requirements for guarantees , including guarantees of indebtedness of others , and interpretation of fasb statements no .

5 , 57 and 107 and rescission of fasb interpretation no .

45 ) to its agreements that contain guarantee or indemnification clauses .

these disclosure provisions expand those required by sfas no .

5 , accounting for contingencies , by requiring that guarantors disclose certain types of guarantees , even if the likelihood of requiring the guarantor 2019s performance is remote .

the following is a description of arrangements in which the company is a guarantor .

product warranties 2013 the company routinely accrues for estimated future warranty costs on its product sales at the time of sale .

the ab5000 and bvs products are subject to rigorous regulation and quality standards .

while the company engages in extensive product quality programs and processes , including monitoring and evaluating the quality of component suppliers , its warranty obligation is affected by product failure rates .

operating results could be adversely effected if the actual cost of product failures exceeds the estimated warranty provision .

patent indemnifications 2013 in many sales transactions , the company indemnifies customers against possible claims of patent infringement caused by the company 2019s products .

the indemnifications contained within sales contracts usually do not include limits on the claims .

the company has never incurred any material costs to defend lawsuits or settle patent infringement claims related to sales transactions .

45 , intellectual property indemnifications require disclosure only .

as of march 31 , 2004 , the company had entered into leases for its facilities , including its primary operating facility in danvers , massachusetts , with terms through fiscal 2010 .

the company has elected not to exercise a buyout option available under its primary lease that would have allowed for early termination in 2005 .

total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 856000 , $ 823000 and $ 821000 for the fiscal years ended march 31 , 2002 , 2003 and 2004 , respectively .

during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture .

these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased .

rental expense recorded for these leases during the fiscal years ended march 31 , 2002 and 2003 was approximately $ 215000 and $ 127000 respectively .

during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 .

this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased .

future minimum lease payments under all non-cancelable operating leases as of march 31 , 2004 are approximately as follows ( in thousands ) : .

from time-to-time , the company is involved in legal and administrative proceedings and claims of various types .

while any litigation contains an element of uncertainty , management , in consultation with the company 2019s general counsel , presently believes that the outcome of each such other proceedings or claims which are pending or known to be threatened , or all of them combined , will not have a material adverse effect on the company. .

1	year ending march 31,	operating leases

2	2005	$ 781

3	2006	776

4	2007	769

5	2008	772

6	2009	772

7	thereafter	708

8	total future minimum lease payments	$ 4578

Question: what is the last year included in the remaining terms of the facility leases?

Answer: 2010.0


notes to consolidated financial statements ( continued ) march 31 , 2004 5 .

income taxes ( continued ) the effective tax rate of zero differs from the statutory rate of 34% ( 34 % ) primarily due to the inability of the company to recognize deferred tax assets for its operating losses and tax credits .

of the total valuation allowance , approximately $ 2400000 relates to stock option compensation deductions .

the tax benefit associated with the stock option compensation deductions will be credited to equity when realized .

commitments and contingencies the company applies the disclosure provisions of fin no .

45 , guarantor 2019s accounting and disclosure requirements for guarantees , including guarantees of indebtedness of others , and interpretation of fasb statements no .

5 , 57 and 107 and rescission of fasb interpretation no .

45 ) to its agreements that contain guarantee or indemnification clauses .

these disclosure provisions expand those required by sfas no .

5 , accounting for contingencies , by requiring that guarantors disclose certain types of guarantees , even if the likelihood of requiring the guarantor 2019s performance is remote .

the following is a description of arrangements in which the company is a guarantor .

product warranties 2013 the company routinely accrues for estimated future warranty costs on its product sales at the time of sale .

the ab5000 and bvs products are subject to rigorous regulation and quality standards .

while the company engages in extensive product quality programs and processes , including monitoring and evaluating the quality of component suppliers , its warranty obligation is affected by product failure rates .

operating results could be adversely effected if the actual cost of product failures exceeds the estimated warranty provision .

patent indemnifications 2013 in many sales transactions , the company indemnifies customers against possible claims of patent infringement caused by the company 2019s products .

the indemnifications contained within sales contracts usually do not include limits on the claims .

the company has never incurred any material costs to defend lawsuits or settle patent infringement claims related to sales transactions .

45 , intellectual property indemnifications require disclosure only .

as of march 31 , 2004 , the company had entered into leases for its facilities , including its primary operating facility in danvers , massachusetts , with terms through fiscal 2010 .

the company has elected not to exercise a buyout option available under its primary lease that would have allowed for early termination in 2005 .

total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 856000 , $ 823000 and $ 821000 for the fiscal years ended march 31 , 2002 , 2003 and 2004 , respectively .

during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture .

these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased .

rental expense recorded for these leases during the fiscal years ended march 31 , 2002 and 2003 was approximately $ 215000 and $ 127000 respectively .

during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 .

this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased .

future minimum lease payments under all non-cancelable operating leases as of march 31 , 2004 are approximately as follows ( in thousands ) : .

what is the last year included in the remaining terms of the facility leases?

Question: and what is the first year?

Answer: 2004.0


notes to consolidated financial statements ( continued ) march 31 , 2004 5 .

income taxes ( continued ) the effective tax rate of zero differs from the statutory rate of 34% ( 34 % ) primarily due to the inability of the company to recognize deferred tax assets for its operating losses and tax credits .

of the total valuation allowance , approximately $ 2400000 relates to stock option compensation deductions .

the tax benefit associated with the stock option compensation deductions will be credited to equity when realized .

commitments and contingencies the company applies the disclosure provisions of fin no .

45 , guarantor 2019s accounting and disclosure requirements for guarantees , including guarantees of indebtedness of others , and interpretation of fasb statements no .

5 , 57 and 107 and rescission of fasb interpretation no .

45 ) to its agreements that contain guarantee or indemnification clauses .

these disclosure provisions expand those required by sfas no .

5 , accounting for contingencies , by requiring that guarantors disclose certain types of guarantees , even if the likelihood of requiring the guarantor 2019s performance is remote .

the following is a description of arrangements in which the company is a guarantor .

product warranties 2013 the company routinely accrues for estimated future warranty costs on its product sales at the time of sale .

the ab5000 and bvs products are subject to rigorous regulation and quality standards .

while the company engages in extensive product quality programs and processes , including monitoring and evaluating the quality of component suppliers , its warranty obligation is affected by product failure rates .

operating results could be adversely effected if the actual cost of product failures exceeds the estimated warranty provision .

patent indemnifications 2013 in many sales transactions , the company indemnifies customers against possible claims of patent infringement caused by the company 2019s products .

the indemnifications contained within sales contracts usually do not include limits on the claims .

the company has never incurred any material costs to defend lawsuits or settle patent infringement claims related to sales transactions .

45 , intellectual property indemnifications require disclosure only .

as of march 31 , 2004 , the company had entered into leases for its facilities , including its primary operating facility in danvers , massachusetts , with terms through fiscal 2010 .

the company has elected not to exercise a buyout option available under its primary lease that would have allowed for early termination in 2005 .

total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 856000 , $ 823000 and $ 821000 for the fiscal years ended march 31 , 2002 , 2003 and 2004 , respectively .

during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture .

these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased .

rental expense recorded for these leases during the fiscal years ended march 31 , 2002 and 2003 was approximately $ 215000 and $ 127000 respectively .

during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 .

this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased .

future minimum lease payments under all non-cancelable operating leases as of march 31 , 2004 are approximately as follows ( in thousands ) : .

Question: how many years, then, are comprehended in this period?

Answer: 6.0


notes to consolidated financial statements ( continued ) march 31 , 2004 5 .

income taxes ( continued ) the effective tax rate of zero differs from the statutory rate of 34% ( 34 % ) primarily due to the inability of the company to recognize deferred tax assets for its operating losses and tax credits .

of the total valuation allowance , approximately $ 2400000 relates to stock option compensation deductions .

the tax benefit associated with the stock option compensation deductions will be credited to equity when realized .

commitments and contingencies the company applies the disclosure provisions of fin no .

45 , guarantor 2019s accounting and disclosure requirements for guarantees , including guarantees of indebtedness of others , and interpretation of fasb statements no .

5 , 57 and 107 and rescission of fasb interpretation no .

45 ) to its agreements that contain guarantee or indemnification clauses .

these disclosure provisions expand those required by sfas no .

5 , accounting for contingencies , by requiring that guarantors disclose certain types of guarantees , even if the likelihood of requiring the guarantor 2019s performance is remote .

the following is a description of arrangements in which the company is a guarantor .

product warranties 2013 the company routinely accrues for estimated future warranty costs on its product sales at the time of sale .

the ab5000 and bvs products are subject to rigorous regulation and quality standards .

while the company engages in extensive product quality programs and processes , including monitoring and evaluating the quality of component suppliers , its warranty obligation is affected by product failure rates .

operating results could be adversely effected if the actual cost of product failures exceeds the estimated warranty provision .

patent indemnifications 2013 in many sales transactions , the company indemnifies customers against possible claims of patent infringement caused by the company 2019s products .

the indemnifications contained within sales contracts usually do not include limits on the claims .

the company has never incurred any material costs to defend lawsuits or settle patent infringement claims related to sales transactions .

45 , intellectual property indemnifications require disclosure only .

as of march 31 , 2004 , the company had entered into leases for its facilities , including its primary operating facility in danvers , massachusetts , with terms through fiscal 2010 .

the company has elected not to exercise a buyout option available under its primary lease that would have allowed for early termination in 2005 .

total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 856000 , $ 823000 and $ 821000 for the fiscal years ended march 31 , 2002 , 2003 and 2004 , respectively .

during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture .

these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased .

rental expense recorded for these leases during the fiscal years ended march 31 , 2002 and 2003 was approximately $ 215000 and $ 127000 respectively .

during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 .

this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased .

future minimum lease payments under all non-cancelable operating leases as of march 31 , 2004 are approximately as follows ( in thousands ) : .

how many years, then, are comprehended in this period?

Question: considering that the annual rent of 2003 continues through this period, what would be the total remaining obligation in all of these years?

Answer: 4926000.0


accumulated other comprehensive losses : pmi's accumulated other comprehensive losses , net of taxes , consisted of the following: .

reclassifications from other comprehensive earnings the movements in accumulated other comprehensive losses and the related tax impact , for each of the components above , that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended december 31 , 2015 , 2014 , and 2013 .

the movement in currency translation adjustments for the year ended december 31 , 2013 , was also impacted by the purchase of the remaining shares of the mexican tobacco business .

in addition , $ 1 million , $ 5 million and $ 12 million of net currency translation adjustment gains were transferred from other comprehensive earnings to marketing , administration and research costs in the consolidated statements of earnings for the years ended december 31 , 2015 , 2014 and 2013 , respectively , upon liquidation of subsidiaries .

for additional information , see note 13 .

financial instruments for disclosures related to pmi's pension and other benefits and derivative financial instruments .

colombian investment and cooperation agreement : on june 19 , 2009 , pmi announced that it had signed an agreement with the republic of colombia , together with the departments of colombia and the capital district of bogota , to promote investment and cooperation with respect to the colombian tobacco market and to fight counterfeit and contraband tobacco products .

the investment and cooperation agreement provides $ 200 million in funding to the colombian governments over a 20-year period to address issues of mutual interest , such as combating the illegal cigarette trade , including the threat of counterfeit tobacco products , and increasing the quality and quantity of locally grown tobacco .

as a result of the investment and cooperation agreement , pmi recorded a pre-tax charge of $ 135 million in the operating results of the latin america & canada segment during the second quarter of 2009 .

at december 31 , 2015 and 2014 , pmi had $ 73 million and $ 71 million , respectively , of discounted liabilities associated with the colombian investment and cooperation agreement .

these discounted liabilities are primarily reflected in other long-term liabilities on the consolidated balance sheets and are expected to be paid through 2028 .

rbh legal settlement : on july 31 , 2008 , rothmans inc .

( "rothmans" ) announced the finalization of a cad 550 million settlement ( or approximately $ 540 million , based on the prevailing exchange rate at that time ) between itself and rothmans , benson & hedges inc .

( "rbh" ) , on the one hand , and the government of canada and all 10 provinces , on the other hand .

the settlement resolved the royal canadian mounted police's investigation relating to products exported from canada by rbh during the 1989-1996 period .

rothmans' sole holding was a 60% ( 60 % ) interest in rbh .

the remaining 40% ( 40 % ) interest in rbh was owned by pmi. .

1	( losses ) earnings ( in millions )	( losses ) earnings 2015	( losses ) earnings 2014	2013

2	currency translation adjustments	$ -6129 ( 6129 )	$ -3929 ( 3929 )	$ -2207 ( 2207 )

3	pension and other benefits	-3332 ( 3332 )	-3020 ( 3020 )	-2046 ( 2046 )

4	derivatives accounted for as hedges	59	123	63

5	total accumulated other comprehensive losses	$ -9402 ( 9402 )	$ -6826 ( 6826 )	$ -4190 ( 4190 )

Question: what is the net change in the value of total accumulated other comprehensive losses from 2013 or 2014?

Answer: 2636.0


what is the net change in the value of total accumulated other comprehensive losses from 2013 or 2014?

Question: what is the value in 2013?

Answer: 4190.0


Question: what is the net change over the 2013 value?

Answer: 0.62912


( a ) effective in 2016 , the company began to measure the service cost and interest cost components of pension expense by applying spot rates along the yield curve to the relevant projected cash flows , as we believe this provides a better measurement of these costs .

the company has accounted for this as a change in accounting estimate and , accordingly has accounted for it on a prospective basis .

this change does not affect the measurement of the total benefit obligation .

2015 pension expense , excluding special items , decreased from the prior year due to the adoption of the spot rate approach which reduced service cost and interest cost , the impact from expected return on assets and demographic gains , partially offset by the impact of the adoption of new mortality tables for our major plans .

special items of $ 7.3 included pension settlement losses of $ 6.4 , special termination benefits of $ 2.0 , and curtailment gains of $ 1.1 .

these resulted primarily from our recent business restructuring and cost reduction actions .

2014 the decrease in pension expense , excluding special items , was due to the impact from expected return on assets , a 40 bp reduction in the weighted average compensation increase assumption , and lower service cost and interest cost .

the decrease was partially offset by the impact of higher amortization of actuarial losses , which resulted primarily from a 60 bp decrease in weighted average discount rate .

special items of $ 35.2 included pension settlement losses of $ 21.2 , special termination benefits of $ 8.7 , and curtailment losses of $ 5.3 .

2017 outlook in 2017 , pension expense , excluding special items , is estimated to be approximately $ 70 to $ 75 , an increase of $ 10 to $ 15 from 2016 , resulting primarily from a decrease in discount rates , offset by favorable asset experience , effects of the versum spin-off and the adoption of new mortality tables .

pension settlement losses of $ 10 to $ 15 are expected , dependent on the timing of retirements .

in 2017 , we expect pension expense to include approximately $ 164 for amortization of actuarial losses compared to $ 121 in 2016 .

net actuarial losses of $ 484 were recognized in accumulated other comprehensive income in 2016 , primarily attributable to lower discount rates and improved mortality projections .

actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses .

future changes in the discount rate and actual returns on plan assets different from expected returns would impact the actuarial gains/losses and resulting amortization in years beyond 2017 .

during the first quarter of 2017 , the company expects to record a curtailment loss estimated to be $ 5 to $ 10 related to employees transferring to versum .

the loss will be reflected in the results from discontinued operations on the consolidated income statements .

we continue to evaluate opportunities to manage the liabilities associated with our pension plans .

pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans .

with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses .

in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions .

with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions .

during 2016 and 2015 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 79.3 and $ 137.5 , respectively .

for 2017 , cash contributions to defined benefit plans are estimated to be $ 65 to $ 85 .

the estimate is based on expected contributions to certain international plans and anticipated benefit payments for unfunded plans , which .

1		2016	2015	2014

2	pension expense	$ 68.1	$ 135.6	$ 135.9

3	special terminations settlements and curtailments ( included above )	7.3	35.2	5.8

4	weighted average discount rate ( a )	4.1% ( 4.1 % )	4.0% ( 4.0 % )	4.6% ( 4.6 % )

5	weighted average expected rate of return on plan assets	7.5% ( 7.5 % )	7.4% ( 7.4 % )	7.7% ( 7.7 % )

6	weighted average expected rate of compensation increase	3.5% ( 3.5 % )	3.5% ( 3.5 % )	3.9% ( 3.9 % )

Question: in the year of 2016, what percentage did the pension settlement losses represent in relation to the total of special terminations settlements and curtailments?

Answer: 0.87671


( a ) effective in 2016 , the company began to measure the service cost and interest cost components of pension expense by applying spot rates along the yield curve to the relevant projected cash flows , as we believe this provides a better measurement of these costs .

the company has accounted for this as a change in accounting estimate and , accordingly has accounted for it on a prospective basis .

this change does not affect the measurement of the total benefit obligation .

2015 pension expense , excluding special items , decreased from the prior year due to the adoption of the spot rate approach which reduced service cost and interest cost , the impact from expected return on assets and demographic gains , partially offset by the impact of the adoption of new mortality tables for our major plans .

special items of $ 7.3 included pension settlement losses of $ 6.4 , special termination benefits of $ 2.0 , and curtailment gains of $ 1.1 .

these resulted primarily from our recent business restructuring and cost reduction actions .

2014 the decrease in pension expense , excluding special items , was due to the impact from expected return on assets , a 40 bp reduction in the weighted average compensation increase assumption , and lower service cost and interest cost .

the decrease was partially offset by the impact of higher amortization of actuarial losses , which resulted primarily from a 60 bp decrease in weighted average discount rate .

special items of $ 35.2 included pension settlement losses of $ 21.2 , special termination benefits of $ 8.7 , and curtailment losses of $ 5.3 .

2017 outlook in 2017 , pension expense , excluding special items , is estimated to be approximately $ 70 to $ 75 , an increase of $ 10 to $ 15 from 2016 , resulting primarily from a decrease in discount rates , offset by favorable asset experience , effects of the versum spin-off and the adoption of new mortality tables .

pension settlement losses of $ 10 to $ 15 are expected , dependent on the timing of retirements .

in 2017 , we expect pension expense to include approximately $ 164 for amortization of actuarial losses compared to $ 121 in 2016 .

net actuarial losses of $ 484 were recognized in accumulated other comprehensive income in 2016 , primarily attributable to lower discount rates and improved mortality projections .

actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses .

future changes in the discount rate and actual returns on plan assets different from expected returns would impact the actuarial gains/losses and resulting amortization in years beyond 2017 .

during the first quarter of 2017 , the company expects to record a curtailment loss estimated to be $ 5 to $ 10 related to employees transferring to versum .

the loss will be reflected in the results from discontinued operations on the consolidated income statements .

we continue to evaluate opportunities to manage the liabilities associated with our pension plans .

pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans .

with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses .

in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions .

with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions .

during 2016 and 2015 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 79.3 and $ 137.5 , respectively .

for 2017 , cash contributions to defined benefit plans are estimated to be $ 65 to $ 85 .

the estimate is based on expected contributions to certain international plans and anticipated benefit payments for unfunded plans , which .

in the year of 2016, what percentage did the pension settlement losses represent in relation to the total of special terminations settlements and curtailments?

Question: and from 2015 to that year, what was the change in the cash contributions to funded plans and benefit payments for unfunded plans?

Answer: -58.2


( a ) effective in 2016 , the company began to measure the service cost and interest cost components of pension expense by applying spot rates along the yield curve to the relevant projected cash flows , as we believe this provides a better measurement of these costs .

the company has accounted for this as a change in accounting estimate and , accordingly has accounted for it on a prospective basis .

this change does not affect the measurement of the total benefit obligation .

2015 pension expense , excluding special items , decreased from the prior year due to the adoption of the spot rate approach which reduced service cost and interest cost , the impact from expected return on assets and demographic gains , partially offset by the impact of the adoption of new mortality tables for our major plans .

special items of $ 7.3 included pension settlement losses of $ 6.4 , special termination benefits of $ 2.0 , and curtailment gains of $ 1.1 .

these resulted primarily from our recent business restructuring and cost reduction actions .

2014 the decrease in pension expense , excluding special items , was due to the impact from expected return on assets , a 40 bp reduction in the weighted average compensation increase assumption , and lower service cost and interest cost .

the decrease was partially offset by the impact of higher amortization of actuarial losses , which resulted primarily from a 60 bp decrease in weighted average discount rate .

special items of $ 35.2 included pension settlement losses of $ 21.2 , special termination benefits of $ 8.7 , and curtailment losses of $ 5.3 .

2017 outlook in 2017 , pension expense , excluding special items , is estimated to be approximately $ 70 to $ 75 , an increase of $ 10 to $ 15 from 2016 , resulting primarily from a decrease in discount rates , offset by favorable asset experience , effects of the versum spin-off and the adoption of new mortality tables .

pension settlement losses of $ 10 to $ 15 are expected , dependent on the timing of retirements .

in 2017 , we expect pension expense to include approximately $ 164 for amortization of actuarial losses compared to $ 121 in 2016 .

net actuarial losses of $ 484 were recognized in accumulated other comprehensive income in 2016 , primarily attributable to lower discount rates and improved mortality projections .

actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses .

future changes in the discount rate and actual returns on plan assets different from expected returns would impact the actuarial gains/losses and resulting amortization in years beyond 2017 .

during the first quarter of 2017 , the company expects to record a curtailment loss estimated to be $ 5 to $ 10 related to employees transferring to versum .

the loss will be reflected in the results from discontinued operations on the consolidated income statements .

we continue to evaluate opportunities to manage the liabilities associated with our pension plans .

pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans .

with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses .

in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions .

with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions .

during 2016 and 2015 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 79.3 and $ 137.5 , respectively .

for 2017 , cash contributions to defined benefit plans are estimated to be $ 65 to $ 85 .

the estimate is based on expected contributions to certain international plans and anticipated benefit payments for unfunded plans , which .

and from 2015 to that year, what was the change in the cash contributions to funded plans and benefit payments for unfunded plans?

Question: how much did this change represent in relation to those contributions in 2015?

Answer: -0.42327


notes to consolidated financial statements 2014 ( continued ) in connection with these discover related purchases , we have sold the contractual rights to future commissions on discover transactions to certain of our isos .

contractual rights sold totaled $ 7.6 million during the year ended may 31 , 2008 and $ 1.0 million during fiscal 2009 .

such sale proceeds are generally collected in installments over periods ranging from three to nine months .

during fiscal 2009 , we collected $ 4.4 million of such proceeds , which are included in the proceeds from sale of investment and contractual rights in our consolidated statement of cash flows .

we do not recognize gains on these sales of contractual rights at the time of sale .

proceeds are deferred and recognized as a reduction of the related commission expense .

during fiscal 2009 , we recognized $ 1.2 million of such deferred sales proceeds as other long-term liabilities .

other 2008 acquisitions during fiscal 2008 , we acquired a majority of the assets of euroenvios money transfer , s.a .

and euroenvios conecta , s.l. , which we collectively refer to as lfs spain .

lfs spain consisted of two privately- held corporations engaged in money transmittal and ancillary services from spain to settlement locations primarily in latin america .

the purpose of the acquisition was to further our strategy of expanding our customer base and market share by opening additional branch locations .

during fiscal 2008 , we acquired a series of money transfer branch locations in the united states .

the purpose of these acquisitions was to increase the market presence of our dolex-branded money transfer offering .

the following table summarizes the preliminary purchase price allocations of all these fiscal 2008 business acquisitions ( in thousands ) : .

the customer-related intangible assets have amortization periods of up to 14 years .

the contract-based intangible assets have amortization periods of 3 to 10 years .

these business acquisitions were not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to these acquisitions .

in addition , during fiscal 2008 , we acquired a customer list and long-term merchant referral agreement in our canadian merchant services channel for $ 1.7 million .

the value assigned to the customer list of $ 0.1 million was expensed immediately .

the remaining value was assigned to the merchant referral agreement and is being amortized on a straight-line basis over its useful life of 10 years .

fiscal 2007 on july 24 , 2006 , we completed the purchase of a fifty-six percent ownership interest in the asia-pacific merchant acquiring business of the hongkong and shanghai banking corporation limited , or hsbc asia pacific .

this business provides card payment processing services to merchants in the asia-pacific region .

1		total

2	goodwill	$ 13536

3	customer-related intangible assets	4091

4	contract-based intangible assets	1031

5	property and equipment	267

6	other current assets	502

7	total assets acquired	19427

8	current liabilities	-2347 ( 2347 )

9	minority interest in equity of subsidiary ( at historical cost )	-486 ( 486 )

10	net assets acquired	$ 16594

Question: what is the sum of goodwill and customer related intangible assets?

Answer: 17627.0


what is the sum of goodwill and customer related intangible assets?

Question: what is the sum including contract based intangible assets?

Answer: 18658.0


what is the sum including contract based intangible assets?

Question: what is the value of total assets acquired?

Answer: 19427.0


what is the value of total assets acquired?

Question: what is the total sum of intangible assets and goodwill divided by the total assets acquired?

Answer: 0.96042


management 2019s discussion and analysis of financial condition and results of operations we are a global integrated energy company with significant operations in the north america , africa and europe .

our operations are organized into four reportable segments : 2022 exploration and production ( 201ce&p 201d ) which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .

2022 oil sands mining ( 201cosm 201d ) which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas 2022 integrated gas ( 201cig 201d ) which markets and transports products manufactured from natural gas , such as liquefied natural gas ( 201clng 201d ) and methanol , on a worldwide basis .

2022 refining , marketing & transportation ( 201crm&t 201d ) which refines , markets and transports crude oil and petroleum products , primarily in the midwest , upper great plains , gulf coast and southeastern regions of the united states .

certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward-looking statements concerning trends or events potentially affecting our business .

these statements typically contain words such as 201canticipates , 201d 201cbelieves , 201d 201cestimates , 201d 201cexpects , 201d 201ctargets , 201d 201cplans , 201d 201cprojects , 201d 201ccould , 201d 201cmay , 201d 201cshould , 201d 201cwould 201d or similar words indicating that future outcomes are uncertain .

in accordance with 201csafe harbor 201d provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in the forward-looking statements .

we hold a 60 percent interest in equatorial guinea lng holdings limited ( 201cegholdings 201d ) .

as discussed in note 4 to the consolidated financial statements , effective may 1 , 2007 , we ceased consolidating egholdings .

our investment is accounted for using the equity method of accounting .

unless specifically noted , amounts presented for the integrated gas segment for periods prior to may 1 , 2007 , include amounts related to the minority interests .

management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .

financial statements and supplementary data .

overview exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .

prices were volatile in 2009 , but not as much as in the previous year .

prices in 2009 were also lower than in recent years as illustrated by the annual averages for key benchmark prices below. .

henry hub natural gas ( dollars per mcf ) ( a ) $ 3.99 $ 9.04 $ 6.86 ( a ) first-of-month price index .

crude oil prices rose sharply through the first half of 2008 as a result of strong global demand , a declining dollar , ongoing concerns about supplies of crude oil , and geopolitical risk .

later in 2008 , crude oil prices sharply declined as the u.s .

dollar rebounded and global demand decreased as a result of economic recession .

the price decrease continued into 2009 , but reversed after dropping below $ 33.98 in february , ending the year at $ 79.36 .

our domestic crude oil production is about 62 percent sour , which means that it contains more sulfur than light sweet wti does .

sour crude oil also tends to be heavier than light sweet crude oil and sells at a discount to light sweet crude oil because of higher refining costs and lower refined product values .

our international crude oil production is relatively sweet and is generally sold in relation to the dated brent crude benchmark .

the differential between wti and dated brent average prices narrowed to $ 0.42 in 2009 compared to $ 2.49 in 2008 and $ 0.02 in 2007. .

1	benchmark	2009	2008	2007

2	wti crude oil ( dollars per barrel )	$ 62.09	$ 99.75	$ 72.41

3	dated brent crude oil ( dollars per barrel )	$ 61.67	$ 97.26	$ 72.39

4	henry hub natural gas ( dollars per mcf ) ( a )	$ 3.99	$ 9.04	$ 6.86

Question: what was the change in the average wti crude oil benchmark from 2007 to 2009?

Answer: -10.32


what was the change in the average wti crude oil benchmark from 2007 to 2009?

Question: and what was that average wti crude oil benchmark in 2007?

Answer: 72.41


and what was that average wti crude oil benchmark in 2007?

Question: how much, then, does that change represent in relation to this 2007 amount, in percentage?

Answer: -0.14252


inventory on hand , as well as our future purchase commitments with our suppliers , considering multiple factors , including demand forecasts , product life cycle , current sales levels , pricing strategy and cost trends .

if our review indicates that inventories of raw materials , components or finished products have become obsolete or are in excess of anticipated demand or that inventory cost exceeds net realizable value , we may be required to make adjustments that will impact the results of operations .

goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2018 , the carrying value of our goodwill was $ 7.2 billion , which is related to ten reporting units , each of which consists of a group of markets with similar economic characteristics .

the estimated fair value of each of our ten reporting units exceeded the carrying value as of december 31 , 2018 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non- amortizable intangible assets exceeded the carrying value .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria group , inc. , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

marketing costs - we incur certain costs to support our products through programs that include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer's achieving the specified targets , and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pension and postretirement plan obligations at december 31 , 2018 and 2017 are as follows: .

we anticipate that assumption changes will increase 2019 pre-tax pension and postretirement expense to approximately $ 205 million as compared with approximately $ 160 million in 2018 , excluding amounts related to employee severance and early retirement programs .

the anticipated increase is primarily due to higher amortization out of other comprehensive earnings for unrecognized actuarial gains/ losses of $ 14 million , coupled with lower return on assets of $ 16 million , higher interest and service cost of $ 12 million and $ 4 million respectively , partially offset by other movements of $ 1 million .

weighted-average expected rate of return and discount rate assumptions have a significant effect on the amount of expense reported for the employee benefit plans .

a fifty-basis-point decrease in our discount rate would increase our 2019 pension and postretirement expense by approximately $ 50 million , and a fifty-basis-point increase in our discount rate would decrease our 2019 pension and postretirement .

Question: what was the weighted average discount rate for postretirement plans in 2018?

Answer: 3.97


inventory on hand , as well as our future purchase commitments with our suppliers , considering multiple factors , including demand forecasts , product life cycle , current sales levels , pricing strategy and cost trends .

if our review indicates that inventories of raw materials , components or finished products have become obsolete or are in excess of anticipated demand or that inventory cost exceeds net realizable value , we may be required to make adjustments that will impact the results of operations .

goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2018 , the carrying value of our goodwill was $ 7.2 billion , which is related to ten reporting units , each of which consists of a group of markets with similar economic characteristics .

the estimated fair value of each of our ten reporting units exceeded the carrying value as of december 31 , 2018 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non- amortizable intangible assets exceeded the carrying value .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria group , inc. , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

marketing costs - we incur certain costs to support our products through programs that include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer's achieving the specified targets , and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pension and postretirement plan obligations at december 31 , 2018 and 2017 are as follows: .

what was the weighted average discount rate for postretirement plans in 2018?

Question: and what was it in 2017?

Answer: 3.79


inventory on hand , as well as our future purchase commitments with our suppliers , considering multiple factors , including demand forecasts , product life cycle , current sales levels , pricing strategy and cost trends .

if our review indicates that inventories of raw materials , components or finished products have become obsolete or are in excess of anticipated demand or that inventory cost exceeds net realizable value , we may be required to make adjustments that will impact the results of operations .

goodwill and non-amortizable intangible assets valuation - we test goodwill and non-amortizable intangible assets for impairment annually or more frequently if events occur that would warrant such review .

while the company has the option to perform a qualitative assessment for both goodwill and non-amortizable intangible assets to determine if it is more likely than not that an impairment exists , the company elects to perform the quantitative assessment for our annual impairment analysis .

the impairment analysis involves comparing the fair value of each reporting unit or non-amortizable intangible asset to the carrying value .

if the carrying value exceeds the fair value , goodwill or a non-amortizable intangible asset is considered impaired .

to determine the fair value of goodwill , we primarily use a discounted cash flow model , supported by the market approach using earnings multiples of comparable global and local companies within the tobacco industry .

at december 31 , 2018 , the carrying value of our goodwill was $ 7.2 billion , which is related to ten reporting units , each of which consists of a group of markets with similar economic characteristics .

the estimated fair value of each of our ten reporting units exceeded the carrying value as of december 31 , 2018 .

to determine the fair value of non-amortizable intangible assets , we primarily use a discounted cash flow model applying the relief-from-royalty method .

we concluded that the fair value of our non- amortizable intangible assets exceeded the carrying value .

these discounted cash flow models include management assumptions relevant for forecasting operating cash flows , which are subject to changes in business conditions , such as volumes and prices , costs to produce , discount rates and estimated capital needs .

management considers historical experience and all available information at the time the fair values are estimated , and we believe these assumptions are consistent with the assumptions a hypothetical marketplace participant would use .

since the march 28 , 2008 , spin-off from altria group , inc. , we have not recorded a charge to earnings for an impairment of goodwill or non-amortizable intangible assets .

marketing costs - we incur certain costs to support our products through programs that include advertising , marketing , consumer engagement and trade promotions .

the costs of our advertising and marketing programs are expensed in accordance with u.s .

recognition of the cost related to our consumer engagement and trade promotion programs contain uncertainties due to the judgment required in estimating the potential performance and compliance for each program .

for volume-based incentives provided to customers , management continually assesses and estimates , by customer , the likelihood of the customer's achieving the specified targets , and records the reduction of revenue as the sales are made .

for other trade promotions , management relies on estimated utilization rates that have been developed from historical experience .

changes in the assumptions used in estimating the cost of any individual marketing program would not result in a material change in our financial position , results of operations or operating cash flows .

employee benefit plans - as discussed in item 8 , note 13 .

benefit plans to our consolidated financial statements , we provide a range of benefits to our employees and retired employees , including pensions , postretirement health care and postemployment benefits ( primarily severance ) .

we record annual amounts relating to these plans based on calculations specified by u.s .

these calculations include various actuarial assumptions , such as discount rates , assumed rates of return on plan assets , compensation increases , mortality , turnover rates and health care cost trend rates .

we review actuarial assumptions on an annual basis and make modifications to the assumptions based on current rates and trends when it is deemed appropriate to do so .

gaap , any effect of the modifications is generally amortized over future periods .

we believe that the assumptions utilized in calculating our obligations under these plans are reasonable based upon our historical experience and advice from our actuaries .

weighted-average discount rate assumptions for pension and postretirement plan obligations at december 31 , 2018 and 2017 are as follows: .

Question: what was, then, the change over the year?

Answer: 0.18