the hartford financial services group , inc .

notes to consolidated financial statements ( continued ) 7 .

deferred policy acquisition costs and present value of future profits ( continued ) results changes in the dac balance are as follows: .

[1] the most significant contributors to the unlock charge recorded during the year ended december 31 , 2011 were assumption changes which reduced expected future gross profits including additional costs associated with implementing the japan hedging strategy and the u.s .

variable annuity macro hedge program , as well as actual separate account returns below our aggregated estimated return .

the most significant contributors to the unlock benefit recorded during the year ended december 31 , 2010 were actual separate account returns being above our aggregated estimated return .

also included in the benefit are assumption updates related to benefits from withdrawals and lapses , offset by hedging , annuitization estimates on japan products , and long-term expected rate of return updates .

the most significant contributors to the unlock charge recorded during the year ended december 31 , 2009 were the results of actual separate account returns being significantly below our aggregated estimated return for the first quarter of 2009 , partially offset by actual returns being greater than our aggregated estimated return for the period from april 1 , 2009 to december 31 , 2009 .

[2] the most significant contributor to the adjustments was the effect of declining interest rates , resulting in unrealized gains on securities classified in aoci .

other includes a $ 34 decrease as a result of the disposition of dac from the sale of the hartford investment canadian canada in 2010 .

[3] for the year ended december 31 , 2010 the effect of adopting new accounting guidance for embedded credit derivatives resulted in a decrease to retained earnings and , as a result , a dac benefit .

in addition , an offsetting amount was recorded in unrealized losses as unrealized losses decreased upon adoption of the new accounting guidance .

for the year ended december 31 , 2009 the effect of adopting new accounting guidance for investments other- than- temporarily impaired resulted in an increase to retained earnings and , as a result , a dac charge .

in addition , an offsetting amount was recorded in unrealized losses as unrealized losses increased upon adoption of the new accounting guidance .

as of december 31 , 2011 , estimated future net amortization expense of present value of future profits for the succeeding five years is $ 39 , $ 58 , $ 24 , $ 23 and $ 22 in 2012 , 2013 , 2014 , 2015 and 2016 , respectively. .

1		2011	2010	2009

2	balance january 1	$ 9857	$ 10686	$ 13248

3	deferred costs	2608	2648	2853

4	amortization 2014 dac	-2920 ( 2920 )	-2665 ( 2665 )	-3247 ( 3247 )

5	amortization 2014 dac from discontinued operations	2014	-17 ( 17 )	-10 ( 10 )

6	amortization 2014 unlock benefit ( charge ) pre-tax [1]	-507 ( 507 )	138	-1010 ( 1010 )

7	adjustments to unrealized gains and losses on securities available-for-sale and other [2]	-377 ( 377 )	-1159 ( 1159 )	-1031 ( 1031 )

8	effect of currency translation	83	215	-39 ( 39 )

9	cumulative effect of accounting change pre-tax [3]	2014	11	-78 ( 78 )

10	balance december 31	$ 8744	$ 9857	$ 10686

Question: as of december 31 , 2011 , what was the percentage change in the estimated future net amortization expense of present value of future profits from 2013 to 2014

Answer: -0.58621


Question: in 2010 what was the percentage change in the deferred policy acquisition costs and present value of future profits

Answer: -0.07758


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

our global sourcing team works closely with both teams .

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

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

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

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

Question: what was the average annual creation of new stores for aap from 2008 to 2012?

Answer: 112.5


page 31 of 94 other liquidity items cash payments required for long-term debt maturities , rental payments under noncancellable operating leases , purchase obligations and other commitments in effect at december 31 , 2007 , are summarized in the following table: .

total payments on contractual obligations $ 9517.7 $ 2918.1 $ 3985.2 $ 1947.0 $ 667.4 ( a ) amounts reported in local currencies have been translated at the year-end exchange rates .

( b ) for variable rate facilities , amounts are based on interest rates in effect at year end and do not contemplate the effects of hedging instruments .

( c ) the company 2019s purchase obligations include contracted amounts for aluminum , steel , plastic resin and other direct materials .

also included are commitments for purchases of natural gas and electricity , aerospace and technologies contracts and other less significant items .

in cases where variable prices and/or usage are involved , management 2019s best estimates have been used .

depending on the circumstances , early termination of the contracts may not result in penalties and , therefore , actual payments could vary significantly .

contributions to the company 2019s defined benefit pension plans , not including the unfunded german plans , are expected to be $ 49 million in 2008 .

this estimate may change based on plan asset performance .

benefit payments related to these plans are expected to be $ 66 million , $ 70 million , $ 74 million , $ 77 million and $ 82 million for the years ending december 31 , 2008 through 2012 , respectively , and a total of $ 473 million for the years 2013 through 2017 .

payments to participants in the unfunded german plans are expected to be approximately $ 26 million in each of the years 2008 through 2012 and a total of $ 136 million for the years 2013 through 2017 .

in accordance with united kingdom pension regulations , ball has provided an a38 million guarantee to the plan for its defined benefit plan in the united kingdom .

if the company 2019s credit rating falls below specified levels , ball will be required to either : ( 1 ) contribute an additional a38 million to the plan ; ( 2 ) provide a letter of credit to the plan in that amount or ( 3 ) if imposed by the appropriate regulatory agency , provide a lien on company assets in that amount for the benefit of the plan .

the guarantee can be removed upon approval by both ball and the pension plan trustees .

our share repurchase program in 2007 was $ 211.3 million , net of issuances , compared to $ 45.7 million net repurchases in 2006 and $ 358.1 million in 2005 .

the net repurchases included the $ 51.9 million settlement on january 5 , 2007 , of a forward contract entered into in december 2006 for the repurchase of 1200000 shares .

however , the 2007 net repurchases did not include a forward contract entered into in december 2007 for the repurchase of 675000 shares .

the contract was settled on january 7 , 2008 , for $ 31 million in cash .

on december 12 , 2007 , in a privately negotiated transaction , ball entered into an accelerated share repurchase agreement to buy $ 100 million of its common shares using cash on hand and available borrowings .

the company advanced the $ 100 million on january 7 , 2008 , and received approximately 2 million shares , which represented 90 percent of the total shares as calculated using the previous day 2019s closing price .

the exact number of shares to be repurchased under the agreement , which will be determined on the settlement date ( no later than june 5 , 2008 ) , is subject to an adjustment based on a weighted average price calculation for the period between the initial purchase date and the settlement date .

the company has the option to settle the contract in either cash or shares .

including the settlements of the forward share purchase contract and the accelerated share repurchase agreement , we expect to repurchase approximately $ 300 million of our common shares , net of issuances , in 2008 .

annual cash dividends paid on common stock were 40 cents per share in 2007 , 2006 and 2005 .

total dividends paid were $ 40.6 million in 2007 , $ 41 million in 2006 and $ 42.5 million in 2005. .

1	( $ in millions )	payments due by period ( a ) total	payments due by period ( a ) less than 1 year	payments due by period ( a ) 1-3 years	payments due by period ( a ) 3-5 years	payments due by period ( a ) more than 5 years

2	long-term debt	$ 2302.6	$ 126.1	$ 547.6	$ 1174.9	$ 454.0

3	capital lease obligations	4.4	1.0	0.8	0.5	2.1

4	interest payments on long-term debt ( b )	698.6	142.9	246.3	152.5	156.9

5	operating leases	218.5	49.9	71.7	42.5	54.4

6	purchase obligations ( c )	6092.6	2397.2	3118.8	576.6	2013

7	common stock repurchase agreements	131.0	131.0	2013	2013	2013

8	legal settlement	70.0	70.0	2013	2013	2013

9	total payments on contractual obligations	$ 9517.7	$ 2918.1	$ 3985.2	$ 1947.0	$ 667.4

Question: what is the number of shares outstanding based on the cash dividends paid during 2006 , in millions?

Answer: 102.5


credit facility , which was amended in 2013 and 2012 .

in march 2014 , the company 2019s credit facility was further amended to extend the maturity date to march 2019 .

the amount of the aggregate commitment is $ 3.990 billion ( the 201c2014 credit facility 201d ) .

the 2014 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2014 credit facility to an aggregate principal amount not to exceed $ 4.990 billion .

interest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .

the 2014 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortization , where net debt equals total debt less unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2014 .

the 2014 credit facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities .

at december 31 , 2014 , the company had no amount outstanding under the 2014 credit facility .

on october 14 , 2009 , blackrock established a commercial paper program ( the 201ccp program 201d ) under which the company could issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3.0 billion .

blackrock increased the maximum aggregate amount that could be borrowed under the cp program to $ 3.5 billion in 2011 and to $ 3.785 billion in 2012 .

in april 2013 , blackrock increased the maximum aggregate amount for which the company could issue unsecured cp notes on a private-placement basis up to a maximum aggregate amount outstanding at any time of $ 3.990 billion .

the cp program is currently supported by the 2014 credit facility .

at december 31 , 2014 , blackrock had no cp notes outstanding .

long-term borrowings the carrying value and fair value of long-term borrowings estimated using market prices at december 31 , 2014 included the following : ( in millions ) maturity amount unamortized discount carrying value fair value .

long-term borrowings at december 31 , 2013 had a carrying value of $ 4.939 billion and a fair value of $ 5.284 billion determined using market prices at the end of december 2013 .

in march 2014 , the company issued $ 1.0 billion in aggregate principal amount of 3.50% ( 3.50 % ) senior unsecured and unsubordinated notes maturing on march 18 , 2024 ( the 201c2024 notes 201d ) .

the net proceeds of the 2024 notes were used to refinance certain indebtedness which matured in the fourth quarter of 2014 .

interest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year .

the 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .

the 2024 notes were issued at a discount of $ 3 million that is being amortized over the term of the notes .

the company incurred approximately $ 6 million of debt issuance costs , which are being amortized over the term of the 2024 notes .

at december 31 , 2014 , $ 6 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

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

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

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

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

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

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

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

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

at december 31 , 2014 , $ 4 million of unamortized debt issuance costs was included in other assets on the consolidated statement of financial condition .

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

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

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

Question: what is the fair value of all notes due by 2019 ? in millions $ .

Answer: 2672.0


our debt issuances in 2014 were as follows : ( in millions ) type face value ( e ) interest rate issuance maturity euro notes ( a ) 20ac750 ( approximately $ 1029 ) 1.875% ( 1.875 % ) march 2014 march 2021 euro notes ( a ) 20ac1000 ( approximately $ 1372 ) 2.875% ( 2.875 % ) march 2014 march 2026 euro notes ( b ) 20ac500 ( approximately $ 697 ) 2.875% ( 2.875 % ) may 2014 may 2029 swiss franc notes ( c ) chf275 ( approximately $ 311 ) 0.750% ( 0.750 % ) may 2014 december 2019 swiss franc notes ( b ) chf250 ( approximately $ 283 ) 1.625% ( 1.625 % ) may 2014 may 2024 u.s .

dollar notes ( d ) $ 500 1.250% ( 1.250 % ) november 2014 november 2017 u.s .

dollar notes ( d ) $ 750 3.250% ( 3.250 % ) november 2014 november 2024 u.s .

dollar notes ( d ) $ 750 4.250% ( 4.250 % ) november 2014 november 2044 ( a ) interest on these notes is payable annually in arrears beginning in march 2015 .

( b ) interest on these notes is payable annually in arrears beginning in may 2015 .

( c ) interest on these notes is payable annually in arrears beginning in december 2014 .

( d ) interest on these notes is payable semiannually in arrears beginning in may 2015 .

dollar equivalents for foreign currency notes were calculated based on exchange rates on the date of issuance .

the net proceeds from the sale of the securities listed in the table above will be used for general corporate purposes .

the weighted-average time to maturity of our long-term debt was 10.8 years at the end of 2013 and 2014 .

2022 off-balance sheet arrangements and aggregate contractual obligations we have no off-balance sheet arrangements , including special purpose entities , other than guarantees and contractual obligations discussed below .

guarantees 2013 at december 31 , 2014 , we were contingently liable for $ 1.0 billion of guarantees of our own performance , which were primarily related to excise taxes on the shipment of our products .

there is no liability in the consolidated financial statements associated with these guarantees .

at december 31 , 2014 , our third-party guarantees were insignificant. .

1	type		face value ( e )	interest rate	issuance	maturity

2	euro notes	( a )	20ac750 ( approximately $ 1029 )	1.875% ( 1.875 % )	march 2014	march 2021

3	euro notes	( a )	20ac1000 ( approximately $ 1372 )	2.875% ( 2.875 % )	march 2014	march 2026

4	euro notes	( b )	20ac500 ( approximately $ 697 )	2.875% ( 2.875 % )	may 2014	may 2029

5	swiss franc notes	( c )	chf275 ( approximately $ 311 )	0.750% ( 0.750 % )	may 2014	december 2019

6	swiss franc notes	( b )	chf250 ( approximately $ 283 )	1.625% ( 1.625 % )	may 2014	may 2024

7	u.s . dollar notes	( d )	$ 500	1.250% ( 1.250 % )	november 2014	november 2017

8	u.s . dollar notes	( d )	$ 750	3.250% ( 3.250 % )	november 2014	november 2024

9	u.s . dollar notes	( d )	$ 750	4.250% ( 4.250 % )	november 2014	november 2044

Question: what was the total of u.s . dollar notes issued in 2014 , in millions?

Answer: 2000.0


Question: what was the total of euro notes issued in 2014 , in millions of dollars approximately?

Answer: 3098.0


reinsurance commissions , fees and other revenue decreased 2% ( 2 % ) in 2014 reflecting a 1% ( 1 % ) unfavorable impact from foreign currency exchange rates and 1% ( 1 % ) decline in organic revenue growth due primarily to a significant unfavorable market impact in treaty , partially offset by net new business growth in treaty placements globally and growth in capital markets transactions and advisory business , as well as facultative placements .

operating income operating income increased $ 108 million , or 7% ( 7 % ) , from 2013 to $ 1.6 billion in 2014 .

in 2014 , operating income margins in this segment were 21.0% ( 21.0 % ) , an increase of 120 basis points from 19.8% ( 19.8 % ) in 2013 .

operating margin improvement was driven by solid organic revenue growth , return on investments , expense discipline and savings related to the restructuring programs , partially offset by a $ 61 million unfavorable impact from foreign currency exchange rates .

our hr solutions segment generated approximately 35% ( 35 % ) of our consolidated total revenues in 2014 and provides a broad range of human capital services , as follows : 2022 retirement specializes in global actuarial services , defined contribution consulting , tax and erisa consulting , and pension administration .

2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries .

2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management .

2022 investment consulting advises public and private companies , other institutions and trustees on developing and maintaining investment programs across a broad range of plan types , including defined benefit plans , defined contribution plans , endowments and foundations .

2022 benefits administration applies our human resource expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services .

our model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions .

2022 exchanges is building and operating healthcare exchanges that provide employers with a cost effective alternative to traditional employee and retiree healthcare , while helping individuals select the insurance that best meets their needs .

2022 human resource business processing outsourcing provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and record and manage talent , workforce and other core human resource process transactions as well as other complementary services such as flexible spending , dependent audit and participant advocacy .

disruption in the global credit markets and the deterioration of the financial markets created significant uncertainty in the marketplace .

weak economic conditions in many markets around the globe continued throughout 2014 and have adversely impacted our clients' financial condition and therefore the levels of business activities in the industries and geographies where we operate .

while we believe that the majority of our practices are well positioned to manage through this time , these challenges are reducing demand for some of our services and putting continued pressure on the pricing of those services , which is having an adverse effect on our new business and results of operations. .

Question: what is the total operating income in 2013 , ( in millions ) ?

Answer: 1492.0


supplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2007 2006 2005 sales and transfers of oil and gas produced , net of production , transportation and administrative costs $ ( 4887 ) $ ( 5312 ) $ ( 3754 ) net changes in prices and production , transportation and administrative costs related to future production 12845 ( 1342 ) 6648 .

1	( in millions )	2007	2006	2005

2	sales and transfers of oil and gas produced net of production transportation and administrative costs	$ -4887 ( 4887 )	$ -5312 ( 5312 )	$ -3754 ( 3754 )

3	net changes in prices and production transportation and administrative costs related to future production	12845	-1342 ( 1342 )	6648

4	extensions discoveries and improved recovery less related costs	1816	1290	700

5	development costs incurred during the period	1654	1251	1030

6	changes in estimated future development costs	-1727 ( 1727 )	-527 ( 527 )	-552 ( 552 )

7	revisions of previous quantity estimates	290	1319	820

8	net changes in purchases and sales of minerals in place	23	30	4557

9	accretion of discount	1726	1882	1124

10	net change in income taxes	-6751 ( 6751 )	-660 ( 660 )	-6694 ( 6694 )

11	timing and other	-12 ( 12 )	-14 ( 14 )	307

12	net change for the year	4977	-2083 ( 2083 )	4186

13	beginning of year	8518	10601	6415

14	end of year	$ 13495	$ 8518	$ 10601

15	net change for the year from discontinued operations	$ 2013	$ -216 ( 216 )	$ 162

Question: if current development costs increased in 2008 as much as in 2007 , what would the 2008 total be , in millions?

Answer: 2057.0


2022 net revenues in our connected fitness operating segment increased $ 34.2 million to $ 53.4 million in 2015 from $ 19.2 million in 2014 primarily due to revenues generated from our two connected fitness acquisitions in 2015 and growth in our existing connected fitness business .

operating income ( loss ) by segment is summarized below: .

the increase in total operating income was driven by the following : 2022 operating income in our north america operating segment increased $ 88.6 million to $ 461.0 million in 2015 from $ 372.4 million in 2014 primarily due to the items discussed above in the consolidated results of operations .

2022 operating income in our emea operating segment increased $ 14.9 million to $ 3.1 million in 2015 from a loss of $ 11.8 million in 2014 primarily due to sales growth discussed above in the consolidated results of operations .

2022 operating income in our asia-pacific operating segment increased $ 14.5 million to $ 36.4 million in 2015 from $ 21.9 million in 2014 primarily due to sales growth discussed above in the consolidated results of operations .

2022 operating loss in our latin america operating segment increased $ 15.2 million to $ 30.6 million in 2015 from $ 15.4 million in 2014 primarily due to increased investments to support growth in the region and the economic challenges in brazil during the period .

this increase in operating loss was offset by sales growth discussed above .

2022 operating loss in our connected fitness segment increased $ 48.2 million to $ 61.3 million in 2015 from $ 13.1 million in 2014 primarily due to investments to support growth in our connected fitness business , including the impact of our two connected fitness acquisitions in 2015 .

these acquisitions contributed $ 23.6 million to the operating loss for the connected fitness segment in 2015 .

seasonality historically , we have recognized a majority of our net revenues and a significant portion of our income from operations in the last two quarters of the year , driven primarily by increased sales volume of our products during the fall selling season , including our higher priced cold weather products , along with a larger proportion of higher margin direct to consumer sales .

seasonality could have an impact on the timing of accruals if the sales in the last two quarters of the year do not materialize .

the level of our working capital generally reflects the seasonality and growth in our business .

we generally expect inventory , accounts payable and certain accrued expenses to be higher in the second and third quarters in preparation for the fall selling season. .

Question: what is the operating margin for connected fitness in 2014?

Answer: -0.68042


stockholder return performance graphs the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index .

the graph assumes that the value of the investment in our common stock and in each index ( including reinvestment of dividends ) was $ 100 on december 29 , 2007 and tracks it through december 29 , 2012 .

comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc .

nasdaq composite s&p 400 information technology 12/29/1212/31/111/1/111/2/101/3/0912/29/07 *$ 100 invested on 12/29/07 in stock or 12/31/07 in index , including reinvestment of dividends .

copyright a9 2013 s&p , a division of the mcgraw-hill companies inc .

the stock price performance included in this graph is not necessarily indicative of future stock price performance .

Question: what was the difference in percentage cumulative 5-year total stockholder return for cadence design systems inc . compared to the nasdaq composite for the five years ended 12/29/2012?

Answer: -31.86


of prior service cost or credits , and net actuarial gains or losses ) as part of non-operating income .

2017-07 on january 1 , 2018 using the retrospective transition method .

2017-07 to result in an increase to consolidated operating profit of $ 471 million and $ 846 million for 2016 and 2017 , respectively , and a corresponding decrease in non-operating income for each year .

we do not expect any impact to our business segment operating profit , our consolidated net earnings , or cash flows as a result of adopting asu no .

intangibles-goodwill and other in january 2017 , the fasb issued asu no .

2017-04 , intangibles-goodwill and other ( topic 350 ) , which eliminates the requirement to compare the implied fair value of reporting unit goodwill with the carrying amount of that goodwill ( commonly referred to as step 2 ) from the goodwill impairment test .

the new standard does not change how a goodwill impairment is identified .

wewill continue to perform our quantitative and qualitative goodwill impairment test by comparing the fair value of each reporting unit to its carrying amount , but if we are required to recognize a goodwill impairment charge , under the new standard the amount of the charge will be calculated by subtracting the reporting unit 2019s fair value from its carrying amount .

under the prior standard , if we were required to recognize a goodwill impairment charge , step 2 required us to calculate the implied value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination and the amount of the charge was calculated by subtracting the reporting unit 2019s implied fair value of goodwill from its actual goodwill balance .

the new standard is effective for interim and annual reporting periods beginning after december 15 , 2019 , with early adoption permitted , and should be applied prospectively from the date of adoption .

we elected to adopt the new standard for future goodwill impairment tests at the beginning of the third quarter of 2017 , because it significantly simplifies the evaluation of goodwill for impairment .

the impact of the new standard will depend on the outcomes of future goodwill impairment tests .

derivatives and hedging inaugust 2017 , the fasb issuedasu no .

2017-12derivatives and hedging ( topic 815 ) , which eliminates the requirement to separately measure and report hedge ineffectiveness .

the guidance is effective for fiscal years beginning after december 15 , 2018 , with early adoption permitted .

we do not expect a significant impact to our consolidated assets and liabilities , net earnings , or cash flows as a result of adopting this new standard .

we plan to adopt the new standard january 1 , 2019 .

leases in february 2016 , the fasb issuedasu no .

2016-02 , leases ( topic 842 ) , which requires the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements for both lessees and lessors .

the new standard is effective january 1 , 2019 for public companies , with early adoption permitted .

the new standard currently requires the application of a modified retrospective approach to the beginning of the earliest period presented in the financial statements .

we are continuing to evaluate the expected impact to our consolidated financial statements and related disclosures .

we plan to adopt the new standard effective january 1 , 2019 .

note 2 2013 earnings per share theweighted average number of shares outstanding used to compute earnings per common sharewere as follows ( in millions ) : .

we compute basic and diluted earnings per common share by dividing net earnings by the respectiveweighted average number of common shares outstanding for the periods presented .

our calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units ( rsus ) , performance stock units ( psus ) and exercise of outstanding stock options based on the treasury stock method .

there were no significant anti-dilutive equity awards for the years ended december 31 , 2017 , 2016 and 2015 .

note 3 2013 acquisitions and divestitures acquisition of sikorsky aircraft corporation on november 6 , 2015 , we completed the acquisition of sikorsky from united technologies corporation ( utc ) and certain of utc 2019s subsidiaries .

the purchase price of the acquisition was $ 9.0 billion , net of cash acquired .

1		2017	2016	2015

2	weighted average common shares outstanding for basic computations	287.8	299.3	310.3

3	weighted average dilutive effect of equity awards	2.8	3.8	4.4

4	weighted average common shares outstanding for diluted computations	290.6	303.1	314.7

Question: what was the average weighted average common shares outstanding for diluted computations from 2015 to 2017

Answer: 302.8


of prior service cost or credits , and net actuarial gains or losses ) as part of non-operating income .

2017-07 on january 1 , 2018 using the retrospective transition method .

2017-07 to result in an increase to consolidated operating profit of $ 471 million and $ 846 million for 2016 and 2017 , respectively , and a corresponding decrease in non-operating income for each year .

we do not expect any impact to our business segment operating profit , our consolidated net earnings , or cash flows as a result of adopting asu no .

intangibles-goodwill and other in january 2017 , the fasb issued asu no .

2017-04 , intangibles-goodwill and other ( topic 350 ) , which eliminates the requirement to compare the implied fair value of reporting unit goodwill with the carrying amount of that goodwill ( commonly referred to as step 2 ) from the goodwill impairment test .

the new standard does not change how a goodwill impairment is identified .

wewill continue to perform our quantitative and qualitative goodwill impairment test by comparing the fair value of each reporting unit to its carrying amount , but if we are required to recognize a goodwill impairment charge , under the new standard the amount of the charge will be calculated by subtracting the reporting unit 2019s fair value from its carrying amount .

under the prior standard , if we were required to recognize a goodwill impairment charge , step 2 required us to calculate the implied value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination and the amount of the charge was calculated by subtracting the reporting unit 2019s implied fair value of goodwill from its actual goodwill balance .

the new standard is effective for interim and annual reporting periods beginning after december 15 , 2019 , with early adoption permitted , and should be applied prospectively from the date of adoption .

we elected to adopt the new standard for future goodwill impairment tests at the beginning of the third quarter of 2017 , because it significantly simplifies the evaluation of goodwill for impairment .

the impact of the new standard will depend on the outcomes of future goodwill impairment tests .

derivatives and hedging inaugust 2017 , the fasb issuedasu no .

2017-12derivatives and hedging ( topic 815 ) , which eliminates the requirement to separately measure and report hedge ineffectiveness .

the guidance is effective for fiscal years beginning after december 15 , 2018 , with early adoption permitted .

we do not expect a significant impact to our consolidated assets and liabilities , net earnings , or cash flows as a result of adopting this new standard .

we plan to adopt the new standard january 1 , 2019 .

leases in february 2016 , the fasb issuedasu no .

2016-02 , leases ( topic 842 ) , which requires the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements for both lessees and lessors .

the new standard is effective january 1 , 2019 for public companies , with early adoption permitted .

the new standard currently requires the application of a modified retrospective approach to the beginning of the earliest period presented in the financial statements .

we are continuing to evaluate the expected impact to our consolidated financial statements and related disclosures .

we plan to adopt the new standard effective january 1 , 2019 .

note 2 2013 earnings per share theweighted average number of shares outstanding used to compute earnings per common sharewere as follows ( in millions ) : .

Question: what was the change in millions of weighted average common shares outstanding for diluted computations from 2016 to 2017?

Answer: -12.5


generally , our variable-rate home equity lines of credit have either a seven or ten year draw period , followed by a 20 year amortization term .

during the draw period , we have home equity lines of credit where borrowers pay interest only and home equity lines of credit where borrowers pay principal and interest .

based upon outstanding balances at december 31 , 2011 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end .

home equity lines of credit - draw period end dates in millions interest only product principal and interest product .

( a ) includes approximately $ 306 million , $ 44 million , $ 60 million , $ 100 million , and $ 246 million of home equity lines of credit with balloon payments with draw periods scheduled to end in 2012 , 2013 , 2014 , 2015 , and 2016 and thereafter , respectively .

we view home equity lines of credit where borrowers are paying principal and interest under the draw period as less risky than those where the borrowers are paying interest only , as these borrowers have a demonstrated ability to make some level of principal and interest payments .

based upon outstanding balances , and excluding purchased impaired loans , at december 31 , 2011 , for home equity lines of credit for which the borrower can no longer draw ( e.g. , draw period has ended or borrowing privileges have been terminated ) , approximately 4.32% ( 4.32 % ) were 30-89 days past due and approximately 5.57% ( 5.57 % ) were greater than or equal to 90 days past due .

generally , when a borrower becomes 60 days past due , we terminate borrowing privileges , and those privileges are not subsequently reinstated .

at that point , we continue our collection/recovery processes , which may include a loss mitigation loan modification resulting in a loan that is classified as a tdr .

see note 5 asset quality and allowances for loan and lease losses and unfunded loan commitments and letters of credit in the notes to consolidated financial statements in item 8 of this report for additional information .

loan modifications and troubled debt restructurings consumer loan modifications we modify loans under government and pnc-developed programs based upon our commitment to help eligible homeowners and borrowers avoid foreclosure , where appropriate .

initially , a borrower is evaluated for a modification under a government program .

if a borrower does not qualify under a government program , the borrower is then evaluated under a pnc program .

our programs utilize both temporary and permanent modifications and typically reduce the interest rate , extend the term and/or defer principal .

temporary and permanent modifications under programs involving a change to loan terms are generally classified as tdrs .

further , certain payment plans and trial payment arrangements which do not include a contractual change to loan terms may be classified as tdrs .

additional detail on tdrs is discussed below as well as in note 5 asset quality and allowances for loan and lease losses and unfunded loan commitments and letters of credit in the notes to consolidated financial statements in item 8 of this report .

a temporary modification , with a term between three and 60 months , involves a change in original loan terms for a period of time and reverts to the original loan terms as of a specific date or the occurrence of an event , such as a failure to pay in accordance with the terms of the modification .

typically , these modifications are for a period of up to 24 months after which the interest rate reverts to the original loan rate .

a permanent modification , with a term greater than 60 months , is a modification in which the terms of the original loan are changed .

permanent modifications primarily include the government-created home affordable modification program ( hamp ) or pnc-developed hamp-like modification programs .

for consumer loan programs , such as residential mortgages and home equity loans and lines , we will enter into a temporary modification when the borrower has indicated a temporary hardship and a willingness to bring current the delinquent loan balance .

examples of this situation often include delinquency due to illness or death in the family , or a loss of employment .

permanent modifications are entered into when it is confirmed that the borrower does not possess the income necessary to continue making loan payments at the current amount , but our expectation is that payments at lower amounts can be made .

residential mortgage and home equity loans and lines have been modified with changes in terms for up to 60 months , although the majority involve periods of three to 24 months .

we also monitor the success rates and delinquency status of our loan modification programs to assess their effectiveness in serving our customers 2019 needs while mitigating credit losses .

the following tables provide the number of accounts and unpaid principal balance of modified consumer real estate related loans as well as the number of accounts and unpaid principal balance of modified loans that were 60 days or more past due as of six months , nine months and twelve months after the modification date .

78 the pnc financial services group , inc .

Question: based upon outstanding balances at december 31 , 2011 what was the percent of the principal and interest product of the combined products

Answer: 0.22735


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

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

the recovery became effective july 2007 .

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

1		amount ( in millions )

2	2006 net revenue	$ 403.3

3	purchased power capacity	13.1

4	securitization transition charge	9.9

5	volume/weather	9.7

6	transmission revenue	6.1

7	base revenue	2.6

8	other	-2.4 ( 2.4 )

9	2007 net revenue	$ 442.3

Question: what percent of the net change in revenue between 2006 and 2007 was due to transmission revenue?

Answer: 0.15641


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

1	( in millions )	2017	2016

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

3	defined benefit plan income	4.2	2.9

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

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

Question: what was the percentage growth in the defined benefit plan income from 2016 to 2017

Answer: 0.44828


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

total purchase commitments are as follows: .

these purchase agreements are not marked to market .

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Question: purchase commitments ( in thousands ) totaled what for 2010 and 2011?

Answer: 12893.0


Question: what percentage of total purchase commitments are due in 2013?

Answer: 0.03334


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

our global sourcing team works closely with both teams .

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

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

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

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

Question: what is the growth rate in the number of stores during 2011?

Answer: 0.02701


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Question: what is the percent change in annual long-term debt maturities ( excluding lease obligations ) and annual cash sinking fund requirements for debt outstanding from 2005 to 2004?

Answer: 0.71179


Question: in 2002 what was the ratio of the annual cash sinking fund requirements for debt outstanding that was due in 2004 to 2005

Answer: 1.71179


and subsidiaries management 2019s discussion and analysis sensitivity measures certain portfolios and individual positions are not included in var because var is not the most appropriate risk measure .

other sensitivity measures we use to analyze market risk are described below .

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

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

2030 equity positions relate to private and restricted public equity securities , including interests in funds that invest in corporate equities and real estate and interests in hedge funds .

2030 debt positions include interests in funds that invest in corporate mezzanine and senior debt instruments , loans backed by commercial and residential real estate , corporate bank loans and other corporate debt , including acquired portfolios of distressed loans .

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

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

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

credit spread sensitivity on derivatives and financial liabilities .

var excludes the impact of changes in counterparty and our own credit spreads on derivatives , as well as changes in our own credit spreads ( debt valuation adjustment ) on financial liabilities for which the fair value option was elected .

the estimated sensitivity to a one basis point increase in credit spreads ( counterparty and our own ) on derivatives was a gain of $ 3 million and $ 2 million ( including hedges ) as of december 2017 and december 2016 , respectively .

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

however , the actual net impact of a change in our own credit spreads is also affected by the liquidity , duration and convexity ( as the sensitivity is not linear to changes in yields ) of those financial liabilities for which the fair value option was elected , as well as the relative performance of any hedges undertaken .

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

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

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

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

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

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

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

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

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

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

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

2	equity	$ 2096	$ 2085	$ 2157

3	debt	1606	1702	1479

4	total	$ 3702	$ 3787	$ 3636

Question: in millions , what was the change in the estimated sensitivity to a one basis point increase in credit spreads on financial liabilities for which the fair value option was elected between december 2017 and december 2016?

Answer: 10.0


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

2030 equity positions relate to private and restricted public equity securities , including interests in funds that invest in corporate equities and real estate and interests in hedge funds .

2030 debt positions include interests in funds that invest in corporate mezzanine and senior debt instruments , loans backed by commercial and residential real estate , corporate bank loans and other corporate debt , including acquired portfolios of distressed loans .

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

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

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

credit spread sensitivity on derivatives and financial liabilities .

var excludes the impact of changes in counterparty and our own credit spreads on derivatives , as well as changes in our own credit spreads ( debt valuation adjustment ) on financial liabilities for which the fair value option was elected .

the estimated sensitivity to a one basis point increase in credit spreads ( counterparty and our own ) on derivatives was a gain of $ 3 million and $ 2 million ( including hedges ) as of december 2017 and december 2016 , respectively .

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

however , the actual net impact of a change in our own credit spreads is also affected by the liquidity , duration and convexity ( as the sensitivity is not linear to changes in yields ) of those financial liabilities for which the fair value option was elected , as well as the relative performance of any hedges undertaken .

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

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

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

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

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

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

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

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

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

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

Question: what percentage of total market risk for positions , accounted for at fair value , that are not included in var is comprised of equity in 2017?

Answer: 0.56618


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

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

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

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

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

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

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

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

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

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

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

we participated in a similar program with the fhlmc .

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Question: for december 31 , 2011 and december 31 , 2010 , what was the average unpaid principal balance outstanding of loans sold as a participant in these programs , in billions?

Answer: 13.1


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

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

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

equity benchmark consisting of leading companies from different economic sectors .

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

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

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

the firm is a component of all three industry indices .

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

the comparison assumes that all dividends are reinvested .

Question: what is the total return of the kbw bank index over the above refernced five year period?

Answer: 0.8969


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Question: what is the carrying value of notes due by 2017 ? in millions $ .

Answer: 2448.0


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Question: what was the percentage change in the amortized cost in 2009

Answer: 0.23125


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

1		( thousands of dollars )

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

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

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

5	other changes in fair value	52731

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

Question: what was the percentage change in net fair value of derivatives outstanding at between 2007 and 2008 in thousands?

Answer: 9.28167


note 8 2014 benefit plans the company has defined benefit pension plans covering certain employees in the united states and certain international locations .

postretirement healthcare and life insurance benefits provided to qualifying domestic retirees as well as other postretirement benefit plans in international countries are not material .

the measurement date used for the company 2019s employee benefit plans is september 30 .

effective january 1 , 2018 , the legacy u.s .

pension plan was frozen to limit the participation of employees who are hired or re-hired by the company , or who transfer employment to the company , on or after january 1 , net pension cost for the years ended september 30 included the following components: .

net pension cost included in the preceding table that is attributable to international plans $ 34 $ 43 $ 35 the amounts provided above for amortization of prior service credit and amortization of loss represent the reclassifications of prior service credits and net actuarial losses that were recognized in accumulated other comprehensive income ( loss ) in prior periods .

the settlement losses recorded in 2018 and 2016 primarily included lump sum benefit payments associated with the company 2019s u.s .

the company recognizes pension settlements when payments from the supplemental plan exceed the sum of service and interest cost components of net periodic pension cost associated with this plan for the fiscal year. .

1	( millions of dollars )	pension plans 2018	pension plans 2017	pension plans 2016

2	service cost	$ 136	$ 110	$ 81

3	interest cost	90	61	72

4	expected return on plan assets	-154 ( 154 )	-112 ( 112 )	-109 ( 109 )

5	amortization of prior service credit	-13 ( 13 )	-14 ( 14 )	-15 ( 15 )

6	amortization of loss	78	92	77

7	settlements	2	2014	7

8	net pension cost	$ 137	$ 138	$ 113

9	net pension cost included in the preceding table that is attributable to international plans	$ 34	$ 43	$ 35

Question: what is the total net pension cost from 2016-2018 , in millions?

Answer: 388.0


goodwill goodwill represents the excess of the solexa purchase price over the sum of the amounts assigned to assets acquired less liabilities assumed .

the company believes that the acquisition of solexa will produce the following significant benefits : 2022 increased market presence and opportunities .

the combination of the company and solexa should increase the combined company 2019s market presence and opportunities for growth in revenue , earnings and stockholder return .

the company believes that the solexa technology is highly complementary to the company 2019s own portfolio of products and services and will enhance the company 2019s capabilities to service its existing customers , as well as accelerate the develop- ment of additional technologies , products and services .

the company believes that integrating solexa 2019s capabilities with the company 2019s technologies will better position the company to address the emerging biomarker research and development and in-vitro and molecular diag- nostic markets .

the company began to recognize revenue from products shipped as a result of this acquisition during the first quarter of 2007 .

the combination of the company and solexa provides the opportunity for potential economies of scale and cost savings .

the company believes that these primary factors support the amount of goodwill recognized as a result of the purchase price paid for solexa , in relation to other acquired tangible and intangible assets , including in-process research and development .

the following unaudited pro forma information shows the results of the company 2019s operations for the specified reporting periods as though the acquisition had occurred as of the beginning of that period ( in thousands , except per share data ) : year ended december 30 , year ended december 31 .

the pro forma results have been prepared for comparative purposes only and are not necessarily indicative of the actual results of operations had the acquisition taken place as of the beginning of the periods presented , or the results that may occur in the future .

the pro forma results exclude the $ 303.4 million non-cash acquired ipr&d charge recorded upon the closing of the acquisition during the first quarter of 2007 .

investment in solexa on november 12 , 2006 , the company entered into a definitive securities purchase agreement with solexa in which the company invested approximately $ 50 million in solexa in exchange for 5154639 newly issued shares of solexa common stock in conjunction with the merger of the two companies .

this investment was valued at $ 67.8 million as of december 31 , 2006 , which represented a market value of $ 13.15 per share of solexa common stock .

this investment was eliminated as part of the company 2019s purchase accounting upon the closing of the merger on january 26 , 2007 .

notes to consolidated financial statements 2014 ( continued ) .

1		year ended december 30 2007	year ended december 31 2006

2	revenue	$ 366854	$ 187103

3	net income ( loss )	$ 17388	$ -38957 ( 38957 )

4	net income ( loss ) per share basic	$ 0.32	$ -0.68 ( 0.68 )

5	net income ( loss ) per share diluted	$ 0.29	$ -0.68 ( 0.68 )

Question: what was the percentage change in revenue on a pro forma basis between 2006 and 2007?

Answer: 0.96071