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Please answer the question based on all the information provided below:
Document: UNP/2011/page_80.pdf
ID: UNP/2011/page_80.pdf-1
Previous Text:
the redemptions resulted in an early extinguishment charge of $ 5 million .
on march 22 , 2010 , we redeemed $ 175 million of our 6.5% ( 6.5 % ) notes due april 15 , 2012 .
the redemption resulted in an early extinguishment charge of $ 16 million in the first quarter of 2010 .
on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 .
the redemption resulted in a $ 5 million early extinguishment charge .
receivables securitization facility 2013 as of december 31 , 2011 and 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility .
( see further discussion of our receivables securitization facility in note 10 ) .
15 .
variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) .
these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities , including our headquarters building ) and have no other activities , assets or liabilities outside of the lease transactions .
within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices .
depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant .
we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .
as such , we have no control over activities that could materially impact the fair value of the leased assets .
we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies .
additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s .
the future minimum lease payments associated with the vie leases totaled $ 3.9 billion as of december 31 , 2011 .
16 .
leases we lease certain locomotives , freight cars , and other property .
the consolidated statement of financial position as of december 31 , 2011 and 2010 included $ 2458 million , net of $ 915 million of accumulated depreciation , and $ 2520 million , net of $ 901 million of accumulated depreciation , respectively , for properties held under capital leases .
a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .
future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2011 , were as follows : millions operating leases capital leases .
Table Data:
[['millions', 'operatingleases', 'capitalleases'], ['2012', '$ 525', '$ 297'], ['2013', '489', '269'], ['2014', '415', '276'], ['2015', '372', '276'], ['2016', '347', '262'], ['later years', '2380', '1179'], ['total minimum leasepayments', '$ 4528', '$ 2559'], ['amount representing interest', 'n/a', '-685 ( 685 )'], ['present value of minimum leasepayments', 'n/a', '$ 1874']]
Following Text:
the majority of capital lease payments relate to locomotives .
rent expense for operating leases with terms exceeding one month was $ 637 million in 2011 , $ 624 million in 2010 , and $ 686 million in 2009 .
when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term .
contingent rentals and sub-rentals are not significant. .
Question: did the annual interest savings on the redemption of the 6.5% ( 6.5 % ) notes exceed the cost of the early extinguishment?
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no
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Please answer the question based on all the information provided below:
Document: ETR/2011/page_316.pdf
ID: ETR/2011/page_316.pdf-4
Previous Text:
entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities .
results of operations net income 2011 compared to 2010 net income increased $ 242.5 million primarily due to a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts , which resulted in a $ 422 million income tax benefit .
the net income effect was partially offset by a $ 199 million regulatory charge , which reduced net revenue , because a portion of the benefit will be shared with customers .
see note 3 to the financial statements for additional discussion of the settlement and benefit sharing .
2010 compared to 2009 net income decreased slightly by $ 1.4 million primarily due to higher other operation and maintenance expenses , a higher effective income tax rate , and higher interest expense , almost entirely offset by higher net revenue .
net revenue 2011 compared to 2010 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) .
following is an analysis of the change in net revenue comparing 2011 to 2010 .
amount ( in millions ) .
Table Data:
[['', 'amount ( in millions )'], ['2010 net revenue', '$ 1043.7'], ['mark-to-market tax settlement sharing', '-195.9 ( 195.9 )'], ['retail electric price', '32.5'], ['volume/weather', '11.6'], ['other', '-5.7 ( 5.7 )'], ['2011 net revenue', '$ 886.2']]
Following Text:
the mark-to-market tax settlement sharing variance results from a regulatory charge because a portion of the benefits of a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts will be shared with customers , slightly offset by the amortization of a portion of that charge beginning in october 2011 .
see notes 3 and 8 to the financial statements for additional discussion of the settlement and benefit sharing .
the retail electric price variance is primarily due to a formula rate plan increase effective may 2011 .
see note 2 to the financial statements for discussion of the formula rate plan increase. .
Question: what is the growth rate in net revenue from 2010 to 2011?
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-15.1%
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Please answer the question based on all the information provided below:
Document: IPG/2013/page_36.pdf
ID: IPG/2013/page_36.pdf-4
Previous Text:
management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2012 primarily related to payments for capital expenditures and acquisitions , partially offset by the net proceeds of $ 94.8 received from the sale of our remaining holdings in facebook .
capital expenditures of $ 169.2 primarily related to computer hardware and software , and leasehold improvements .
capital expenditures increased in 2012 compared to the prior year , primarily due to an increase in leasehold improvements made during the year .
payments for acquisitions of $ 145.5 primarily related to payments for new acquisitions .
financing activities net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock , and payment of dividends .
we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes .
in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock .
net cash provided by financing activities during 2012 primarily reflected net proceeds from our debt transactions .
we issued $ 300.0 in aggregate principal amount of 2.25% ( 2.25 % ) senior notes due 2017 ( the 201c2.25% ( 201c2.25 % ) notes 201d ) , $ 500.0 in aggregate principal amount of 3.75% ( 3.75 % ) senior notes due 2023 ( the 201c3.75% ( 201c3.75 % ) notes 201d ) and $ 250.0 in aggregate principal amount of 4.00% ( 4.00 % ) senior notes due 2022 ( the 201c4.00% ( 201c4.00 % ) notes 201d ) .
the proceeds from the issuance of the 4.00% ( 4.00 % ) notes were applied towards the repurchase and redemption of $ 399.6 in aggregate principal amount of our 4.25% ( 4.25 % ) notes .
offsetting the net proceeds from our debt transactions was the repurchase of 32.7 shares of our common stock for an aggregate cost of $ 350.5 , including fees , and dividend payments of $ 103.4 on our common stock .
foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 .
the decrease was primarily a result of the u.s .
dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , japanese yen , canadian dollar and south african rand as of december 31 , 2013 compared to december 31 , 2012 .
the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 6.2 in 2012 .
the decrease was a result of the u.s .
dollar being stronger than several foreign currencies , including the brazilian real and south african rand , offset by the u.s .
dollar being weaker than other foreign currencies , including the australian dollar , british pound and the euro , as of as of december 31 , 2012 compared to december 31 , 2011. .
Table Data:
[['balance sheet data', 'december 31 , 2013', 'december 31 , 2012'], ['cash cash equivalents and marketable securities', '$ 1642.1', '$ 2590.8'], ['short-term borrowings', '$ 179.1', '$ 172.1'], ['current portion of long-term debt', '353.6', '216.6'], ['long-term debt', '1129.8', '2060.8'], ['total debt', '$ 1662.5', '$ 2449.5']]
Following Text:
liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months .
we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs .
we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends. .
Question: what is the growth rate in the balance of cash , cash equivalents and marketable securities from 2012 to 2013?
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-36.6%
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Please answer the question based on all the information provided below:
Document: TROW/2011/page_13.pdf
ID: TROW/2011/page_13.pdf-2
Previous Text:
2322 t .
r o w e p r i c e g r o u p a n n u a l r e p o r t 2 0 1 1 c o n t r a c t u a l o b l i g at i o n s the following table presents a summary of our future obligations ( in a0millions ) under the terms of existing operating leases and other contractual cash purchase commitments at december 31 , 2011 .
other purchase commitments include contractual amounts that will be due for the purchase of goods or services to be used in our operations and may be cancelable at earlier times than those indicated , under certain conditions that may involve termination fees .
because these obligations are generally of a normal recurring nature , we expect that we will fund them from future cash flows from operations .
the information presented does not include operating expenses or capital expenditures that will be committed in the normal course of operations in 2012 and future years .
the information also excludes the $ 4.7 a0million of uncertain tax positions discussed in note 9 to our consolidated financial statements because it is not possible to estimate the time period in which a payment might be made to the tax authorities. .
Table Data:
[['', 'total', '2012', '2013-14', '2015-16', 'later'], ['noncancelable operating leases', '$ 185', '$ 31', '$ 63', '$ 57', '$ 34'], ['other purchase commitments', '160', '112', '38', '10', '-'], ['total', '$ 345', '$ 143', '$ 101', '$ 67', '$ 34']]
Following Text:
we also have outstanding commitments to fund additional contributions to investment partnerships in which we have an existing investment totaling $ 42.5 a0million at december 31 , 2011 .
c r i t i c a l a c c o u n t i n g p o l i c i e s the preparation of financial statements often requires the selection of specific accounting methods and policies from among several acceptable alternatives .
further , significant estimates and judgments may be required in selecting and applying those methods and policies in the recognition of the assets and liabilities in our balance sheet , the revenues and expenses in our statement of income , and the information that is contained in our significant accounting policies and notes to consolidated financial statements .
making these estimates and judgments requires the analysis of information concerning events that may not yet be complete and of facts and circumstances that may change over time .
accordingly , actual amounts or future results can differ materially from those estimates that we include currently in our consolidated financial statements , significant accounting policies , and notes .
we present those significant accounting policies used in the preparation of our consolidated financial statements as an integral part of those statements within this 2011 annual report .
in the following discussion , we highlight and explain further certain of those policies that are most critical to the preparation and understanding of our financial statements .
other than temporary impairments of available-for-sale securities .
we generally classify our investment holdings in sponsored mutual funds and the debt securities held for investment by our savings bank subsidiary as available-for-sale .
at the end of each quarter , we mark the carrying amount of each investment holding to fair value and recognize an unrealized gain or loss as a component of comprehensive income within the statement of stockholders 2019 equity .
we next review each individual security position that has an unrealized loss or impairment to determine if that impairment is other than temporary .
in determining whether a mutual fund holding is other than temporarily impaired , we consider many factors , including the duration of time it has existed , the severity of the impairment , any subsequent changes in value , and our intent and ability to hold the security for a period of time sufficient for an anticipated recovery in fair value .
subject to the other considerations noted above , with respect to duration of time , we believe a mutual fund holding with an unrealized loss that has persisted daily throughout the six months between quarter-ends is generally presumed to have an other than temporary impairment .
we may also recognize an other than temporary loss of less than six months in our statement of income if the particular circumstances of the underlying investment do not warrant our belief that a near-term recovery is possible .
an impaired debt security held by our savings bank subsidiary is considered to have an other than temporary loss that we will recognize in our statement of income if the impairment is caused by a change in credit quality that affects our ability to recover our amortized cost or if we intend to sell the security or believe that it is more likely than not that we will be required to sell the security before recovering cost .
minor impairments of 5% ( 5 % ) or less are generally considered temporary .
other than temporary impairments of equity method investments .
we evaluate our equity method investments , including our investment in uti , for impairment when events or changes in circumstances indicate that the carrying value of the investment exceeds its fair value , and the decline in fair value is other than temporary .
goodwill .
we internally conduct , manage and report our operations as one investment advisory business .
we do not have distinct operating segments or components that separately constitute a business .
accordingly , we attribute goodwill to a single reportable business segment and reporting unit 2014our investment advisory business .
we evaluate the carrying amount of goodwill in our balance sheet for possible impairment on an annual basis in the third quarter of each year using a fair value approach .
goodwill would be considered impaired whenever our historical carrying amount exceeds the fair value of our investment advisory business .
our annual testing has demonstrated that the fair value of our investment advisory business ( our market capitalization ) exceeds our carrying amount ( our stockholders 2019 equity ) and , therefore , no impairment exists .
should we reach a different conclusion in the future , additional work would be performed to ascertain the amount of the non-cash impairment charge to be recognized .
we must also perform impairment testing at other times if an event or circumstance occurs indicating that it is more likely than not that an impairment has been incurred .
the maximum future impairment of goodwill that we could incur is the amount recognized in our balance sheet , $ 665.7 a0million .
stock options .
we recognize stock option-based compensation expense in our consolidated statement of income using a fair value based method .
fair value methods use a valuation model for shorter-term , market-traded financial instruments to theoretically value stock option grants even though they are not available for trading and are of longer duration .
the black- scholes option-pricing model that we use includes the input of certain variables that are dependent on future expectations , including the expected lives of our options from grant date to exercise date , the volatility of our underlying common shares in the market over that time period , and the rate of dividends that we will pay during that time .
our estimates of these variables are made for the purpose of using the valuation model to determine an expense for each reporting period and are not subsequently adjusted .
unlike most of our expenses , the resulting charge to earnings using a fair value based method is a non-cash charge that is never measured by , or adjusted based on , a cash outflow .
provision for income taxes .
after compensation and related costs , our provision for income taxes on our earnings is our largest annual expense .
we operate in numerous states and countries through our various subsidiaries , and must allocate our income , expenses , and earnings under the various laws and regulations of each of these taxing jurisdictions .
accordingly , our provision for income taxes represents our total estimate of the liability that we have incurred in doing business each year in all of our locations .
annually , we file tax returns that represent our filing positions with each jurisdiction and settle our return liabilities .
each jurisdiction has the right to audit those returns and may take different positions with respect to income and expense allocations and taxable earnings determinations .
from time to time , we may also provide for estimated liabilities associated with uncertain tax return filing positions that are subject to , or in the process of , being audited by various tax authorities .
because the determination of our annual provision is subject to judgments and estimates , it is likely that actual results will vary from those recognized in our financial statements .
as a result , we recognize additions to , or reductions of , income tax expense during a reporting period that pertain to prior period provisions as our estimated liabilities are revised and actual tax returns and tax audits are settled .
we recognize any such prior period adjustment in the discrete quarterly period in which it is determined .
n e w ly i s s u e d b u t n o t y e t a d o p t e d a c c o u n t i n g g u i d a n c e in may 2011 , the fasb issued amended guidance clarifying how to measure and disclose fair value .
we do not believe the adoption of such amended guidance on january 1 , 2012 , will have a significant effect on our consolidated financial statements .
we have also considered all other newly issued accounting guidance that is applicable to our operations and the preparation of our consolidated statements , including that which we have not yet adopted .
we do not believe that any such guidance will have a material effect on our financial position or results of operation. .
Question: what percentage of total other purchase commitments is made up of other purchase commitments?
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46%
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Please answer the question based on all the information provided below:
Document: ANSS/2014/page_49.pdf
ID: ANSS/2014/page_49.pdf-2
Previous Text:
other expense , net : the company's other expense consists of the following: .
Table Data:
[['( in thousands )', 'year ended december 31 , 2013', 'year ended december 31 , 2012'], ['foreign currency losses net', '$ -1115 ( 1115 )', '$ -1401 ( 1401 )'], ['other income ( expense ) net', '69', '-4 ( 4 )'], ['total other expense net', '$ -1046 ( 1046 )', '$ -1405 ( 1405 )']]
Following Text:
income tax provision : the company recorded income tax expense of $ 77.2 million and had income before income taxes of $ 322.5 million for the year ended december 31 , 2013 , representing an effective tax rate of 23.9% ( 23.9 % ) .
during the year ended december 31 , 2012 , the company recorded income tax expense of $ 90.1 million and had income before income taxes of $ 293.5 million , representing an effective tax rate of 30.7% ( 30.7 % ) .
in december 2013 , the company received notice from the irs that the joint committee on taxation took no exception to the company's tax returns that were filed for 2009 and 2010 .
an $ 11.0 million tax benefit was recognized in the company's 2013 financial results as the company had effectively settled uncertainty regarding the realization of refund claims filed in connection with the 2009 and 2010 returns .
in the u.s. , which is the largest jurisdiction where the company receives such a tax credit , the availability of the research and development credit expired at the end of the 2011 tax year .
in january 2013 , the u.s .
congress passed legislation that reinstated the research and development credit retroactive to 2012 .
the income tax provision for the year ended december 31 , 2013 includes approximately $ 2.3 million related to the reinstated research and development credit for 2012 activity .
the decrease in the effective tax rate from the prior year is primarily due to the release of an uncertain tax position mentioned above , the reinstatement of the u.s .
research and development credit mentioned above , and cash repatriation activities .
when compared to the federal and state combined statutory rate , the effective tax rates for the years ended december 31 , 2013 and 2012 were favorably impacted by lower statutory tax rates in many of the company 2019s foreign jurisdictions , the domestic manufacturing deduction and tax benefits associated with the merger of the company 2019s japan subsidiaries in 2010 .
net income : the company 2019s net income for the year ended december 31 , 2013 was $ 245.3 million as compared to net income of $ 203.5 million for the year ended december 31 , 2012 .
diluted earnings per share was $ 2.58 for the year ended december 31 , 2013 and $ 2.14 for the year ended december 31 , 2012 .
the weighted average shares used in computing diluted earnings per share were 95.1 million and 95.0 million for the years ended december 31 , 2013 and 2012 , respectively .
table of contents .
Question: what was the percentage change in the company 2019s net income from 2012 to 2013 .
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20.5%
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Please answer the question based on all the information provided below:
Document: ETR/2004/page_216.pdf
ID: ETR/2004/page_216.pdf-1
Previous Text:
entergy louisiana , inc .
management's financial discussion and analysis setting any of entergy louisiana's rates .
therefore , to the extent entergy louisiana's use of the proceeds would ordinarily have reduced its rate base , no change in rate base shall be reflected for ratemaking purposes .
the sec approval for additional return of equity capital is now expired .
entergy louisiana's receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .
Table Data:
[['2004', '2003', '2002', '2001'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 40549', '( $ 41317 )', '$ 18854', '$ 3812']]
Following Text:
money pool activity used $ 81.9 million of entergy louisiana's operating cash flow in 2004 , provided $ 60.2 million in 2003 , and used $ 15.0 million in 2002 .
see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool .
investing activities the decrease of $ 25.1 million in net cash used by investing activities in 2004 was primarily due to decreased spending on customer service projects , partially offset by increases in spending on transmission projects and fossil plant projects .
the increase of $ 56.0 million in net cash used by investing activities in 2003 was primarily due to increased spending on customer service , transmission , and nuclear projects .
financing activities the decrease of $ 404.4 million in net cash used by financing activities in 2004 was primarily due to : 2022 the net issuance of $ 98.0 million of long-term debt in 2004 compared to the retirement of $ 261.0 million in 2022 a principal payment of $ 14.8 million in 2004 for the waterford lease obligation compared to a principal payment of $ 35.4 million in 2003 ; and 2022 a decrease of $ 29.0 million in common stock dividends paid .
the decrease of $ 105.5 million in net cash used by financing activities in 2003 was primarily due to : 2022 a decrease of $ 125.9 million in common stock dividends paid ; and 2022 the repurchase of $ 120 million of common stock from entergy corporation in 2002 .
the decrease in net cash used in 2003 was partially offset by the following : 2022 the retirement in 2003 of $ 150 million of 8.5% ( 8.5 % ) series first mortgage bonds compared to the net retirement of $ 134.6 million of first mortgage bonds in 2002 ; and 2022 principal payments of $ 35.4 million in 2003 for the waterford 3 lease obligation compared to principal payments of $ 15.9 million in 2002 .
see note 5 to the domestic utility companies and system energy financial statements for details of long-term debt .
uses of capital entergy louisiana requires capital resources for : 2022 construction and other capital investments ; 2022 debt and preferred stock maturities ; 2022 working capital purposes , including the financing of fuel and purchased power costs ; and 2022 dividend and interest payments. .
Question: what is the the net issuance of long-term debt as a percentage of the decrease in net cash used by financing activities in 2004?
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24.2%
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Please answer the question based on all the information provided below:
Document: UAA/2018/page_40.pdf
ID: UAA/2018/page_40.pdf-3
Previous Text:
consolidated results of operations year ended december 31 , 2018 compared to year ended december 31 , 2017 net revenues increased $ 203.9 million , or 4.1% ( 4.1 % ) , to $ 5193.2 million in 2018 from $ 4989.2 million in 2017 .
net revenues by product category are summarized below: .
Table Data:
[['( in thousands )', 'year ended december 31 , 2018', 'year ended december 31 , 2017', 'year ended december 31 , $ change', 'year ended december 31 , % ( % ) change'], ['apparel', '$ 3462372', '$ 3287121', '$ 175251', '5.3% ( 5.3 % )'], ['footwear', '1063175', '1037840', '25335', '2.4'], ['accessories', '422496', '445838', '-23342 ( 23342 )', '-5.2 ( 5.2 )'], ['total net sales', '4948043', '4770799', '177244', '3.7'], ['license', '124785', '116575', '8210', '7.0'], ['connected fitness', '120357', '101870', '18487', '18.1'], ['total net revenues', '$ 5193185', '$ 4989244', '$ 203941', '4.1% ( 4.1 % )']]
Following Text:
the increase in net sales was driven primarily by : 2022 apparel unit sales growth driven by the train category ; and 2022 footwear unit sales growth , led by the run category .
the increase was partially offset by unit sales decline in accessories .
license revenues increased $ 8.2 million , or 7.0% ( 7.0 % ) , to $ 124.8 million in 2018 from $ 116.6 million in 2017 .
connected fitness revenue increased $ 18.5 million , or 18.1% ( 18.1 % ) , to $ 120.4 million in 2018 from $ 101.9 million in 2017 primarily driven by increased subscribers on our fitness applications .
gross profit increased $ 89.1 million to $ 2340.5 million in 2018 from $ 2251.4 million in 2017 .
gross profit as a percentage of net revenues , or gross margin , was unchanged at 45.1% ( 45.1 % ) in 2018 compared to 2017 .
gross profit percentage was favorably impacted by lower promotional activity , improvements in product cost , lower air freight , higher proportion of international and connected fitness revenue and changes in foreign currency ; these favorable impacts were offset by channel mix including higher sales to our off-price channel and restructuring related charges .
with the exception of improvements in product input costs and air freight improvements , we do not expect these trends to have a material impact on the full year 2019 .
selling , general and administrative expenses increased $ 82.8 million to $ 2182.3 million in 2018 from $ 2099.5 million in 2017 .
as a percentage of net revenues , selling , general and administrative expenses decreased slightly to 42.0% ( 42.0 % ) in 2018 from 42.1% ( 42.1 % ) in 2017 .
selling , general and administrative expense was impacted by the following : 2022 marketing costs decreased $ 21.3 million to $ 543.8 million in 2018 from $ 565.1 million in 2017 .
this decrease was primarily due to restructuring efforts , resulting in lower compensation and contractual sports marketing .
this decrease was partially offset by higher costs in connection with brand marketing campaigns and increased marketing investments with the growth of our international business .
as a percentage of net revenues , marketing costs decreased to 10.5% ( 10.5 % ) in 2018 from 11.3% ( 11.3 % ) in 2017 .
2022 other costs increased $ 104.1 million to $ 1638.5 million in 2018 from $ 1534.4 million in 2017 .
this increase was primarily due to higher incentive compensation expense and higher costs incurred for the continued expansion of our direct to consumer distribution channel and international business .
as a percentage of net revenues , other costs increased to 31.6% ( 31.6 % ) in 2018 from 30.8% ( 30.8 % ) in 2017 .
restructuring and impairment charges increased $ 59.1 million to $ 183.1 million from $ 124.0 million in 2017 .
refer to the restructuring plans section above for a summary of charges .
income ( loss ) from operations decreased $ 52.8 million , or 189.9% ( 189.9 % ) , to a loss of $ 25.0 million in 2018 from income of $ 27.8 million in 2017 .
as a percentage of net revenues , income from operations decreased to a loss of 0.4% ( 0.4 % ) in 2018 from income of 0.5% ( 0.5 % ) in 2017 .
income from operations for the year ended december 31 , 2018 was negatively impacted by $ 203.9 million of restructuring , impairment and related charges in connection with the 2018 restructuring plan .
income from operations for the year ended december 31 , 2017 was negatively impacted by $ 129.1 million of restructuring , impairment and related charges in connection with the 2017 restructuring plan .
interest expense , net decreased $ 0.9 million to $ 33.6 million in 2018 from $ 34.5 million in 2017. .
Question: what was connected fitness as a percentage of total net revenue in 2017?
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2%
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Please answer the question based on all the information provided below:
Document: UPS/2012/page_51.pdf
ID: UPS/2012/page_51.pdf-4
Previous Text:
united parcel service , inc .
and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : .
Table Data:
[['', '2012', '2011', '2010'], ['net income', '$ 807', '$ 3804', '$ 3338'], ['non-cash operating activities ( a )', '7301', '4505', '4398'], ['pension and postretirement plan contributions ( ups-sponsored plans )', '-917 ( 917 )', '-1436 ( 1436 )', '-3240 ( 3240 )'], ['income tax receivables and payables', '280', '236', '-319 ( 319 )'], ['changes in working capital and other noncurrent assets and liabilities', '-148 ( 148 )', '-12 ( 12 )', '-340 ( 340 )'], ['other operating activities', '-107 ( 107 )', '-24 ( 24 )', '-2 ( 2 )'], ['net cash from operating activities', '$ 7216', '$ 7073', '$ 3835']]
Following Text:
( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .
cash from operating activities remained strong throughout the 2010 to 2012 time period .
operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .
the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .
except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .
2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .
2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .
2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .
2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .
postretirement medical benefit plans .
as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .
as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .
approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .
( see note 16 to the consolidated financial statements ) .
excluding this portion of cash held outside the u.s .
for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .
the amount of cash held by our u.s .
and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .
cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .
to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .
when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the percentage change in net cash from operating activities from 2010 to 2011?
|
84%
|
Please answer the question based on all the information provided below:
Document: RE/2018/page_38.pdf
ID: RE/2018/page_38.pdf-2
Previous Text:
ireland .
holdings ireland , everest dublin holdings , ireland re and ireland insurance conduct business in ireland and are subject to taxation in ireland .
aavailable information .
the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .
item 1a .
risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .
if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .
risks relating to our business fluctuations in the financial markets could result in investment losses .
prolonged and severe disruptions in the overall public and private debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .
although financial markets have significantly improved since 2008 , they could deteriorate in the future .
there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .
such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings .
our results could be adversely affected by catastrophic events .
we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .
any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .
by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , were as follows: .
Table Data:
[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2018', '$ 1800.2'], ['2017', '1472.6'], ['2016', '301.2'], ['2015', '53.8'], ['2014', '56.3']]
Following Text:
our losses from future catastrophic events could exceed our projections .
we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .
we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .
these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what is the total pre-tax catastrophe losses from 2014 to 2018 in miilions
|
3684.1
|
Please answer the question based on all the information provided below:
Document: ETR/2011/page_358.pdf
ID: ETR/2011/page_358.pdf-1
Previous Text:
entergy new orleans , inc .
management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities .
results of operations net income 2011 compared to 2010 net income increased $ 4.9 million primarily due to lower other operation and maintenance expenses , lower taxes other than income taxes , a lower effective income tax rate , and lower interest expense , partially offset by lower net revenue .
2010 compared to 2009 net income remained relatively unchanged , increasing $ 0.6 million , primarily due to higher net revenue and lower interest expense , almost entirely offset by higher other operation and maintenance expenses , higher taxes other than income taxes , lower other income , and higher depreciation and amortization expenses .
net revenue 2011 compared to 2010 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) .
following is an analysis of the change in net revenue comparing 2011 to 2010 .
amount ( in millions ) .
Table Data:
[['', 'amount ( in millions )'], ['2010 net revenue', '$ 272.9'], ['retail electric price', '-16.9 ( 16.9 )'], ['net gas revenue', '-9.1 ( 9.1 )'], ['gas cost recovery asset', '-3.0 ( 3.0 )'], ['volume/weather', '5.4'], ['other', '-2.3 ( 2.3 )'], ['2011 net revenue', '$ 247.0']]
Following Text:
the retail electric price variance is primarily due to formula rate plan decreases effective october 2010 and october 2011 .
see note 2 to the financial statements for a discussion of the formula rate plan filing .
the net gas revenue variance is primarily due to milder weather in 2011 compared to 2010 .
the gas cost recovery asset variance is primarily due to the recognition in 2010 of a $ 3 million gas operations regulatory asset associated with the settlement of entergy new orleans 2019s electric and gas formula rate plan case and the amortization of that asset .
see note 2 to the financial statements for additional discussion of the formula rate plan settlement. .
Question: what is the growth rate in net revenue from 2010 to 2011?
|
-9.5%
|
Please answer the question based on all the information provided below:
Document: AWK/2018/page_172.pdf
ID: AWK/2018/page_172.pdf-2
Previous Text:
totaled $ 12 million , $ 13 million and $ 9 million for 2018 , 2017 and 2016 , respectively .
all of the company 2019s contributions are invested in one or more funds at the direction of the employees .
note 16 : commitments and contingencies commitments have been made in connection with certain construction programs .
the estimated capital expenditures required under legal and binding contractual obligations amounted to $ 419 million as of december 31 , 2018 .
the company 2019s regulated subsidiaries maintain agreements with other water purveyors for the purchase of water to supplement their water supply .
the following table provides the future annual commitments related to minimum quantities of purchased water having non-cancelable: .
Table Data:
[['', 'amount'], ['2019', '$ 65'], ['2020', '65'], ['2021', '65'], ['2022', '64'], ['2023', '57'], ['thereafter', '641']]
Following Text:
the company enters into agreements for the provision of services to water and wastewater facilities for the united states military , municipalities and other customers .
see note 3 2014revenue recognition for additional information regarding the company 2019s performance obligations .
contingencies the company is routinely involved in legal actions incident to the normal conduct of its business .
as of december 31 , 2018 , the company has accrued approximately $ 54 million of probable loss contingencies and has estimated that the maximum amount of losses associated with reasonably possible loss contingencies that can be reasonably estimated is $ 26 million .
for certain matters , claims and actions , the company is unable to estimate possible losses .
the company believes that damages or settlements , if any , recovered by plaintiffs in such matters , claims or actions , other than as described in this note 16 2014commitments and contingencies , will not have a material adverse effect on the company .
west virginia elk river freedom industries chemical spill on june 8 , 2018 , the u.s .
district court for the southern district of west virginia granted final approval of a settlement class and global class action settlement ( the 201csettlement 201d ) for all claims and potential claims by all putative class members ( collectively , the 201cplaintiffs 201d ) arising out of the january 2014 freedom industries , inc .
chemical spill in west virginia .
the effective date of the settlement is july 16 , 2018 .
under the terms and conditions of the settlement , west virginia-american water company ( 201cwvawc 201d ) and certain other company affiliated entities ( collectively , the 201camerican water defendants 201d ) did not admit , and will not admit , any fault or liability for any of the allegations made by the plaintiffs in any of the actions that were resolved .
under federal class action rules , claimants had the right , until december 8 , 2017 , to elect to opt out of the final settlement .
less than 100 of the 225000 estimated putative class members elected to opt out from the settlement , and these claimants will not receive any benefit from or be bound by the terms of the settlement .
in june 2018 , the company and its remaining non-participating general liability insurance carrier settled for a payment to the company of $ 20 million , out of a maximum of $ 25 million in potential coverage under the terms of the relevant policy , in exchange for a full release by the american water defendants of all claims against the insurance carrier related to the freedom industries chemical spill. .
Question: what was the change in the amount of future annual commitments related to minimum quantities of purchased water between \\n2019 and 2020?
|
0
|
Please answer the question based on all the information provided below:
Document: UPS/2010/page_33.pdf
ID: UPS/2010/page_33.pdf-3
Previous Text:
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .
the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .
the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2005 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock .
comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 201020092008200720062005 s&p 500 ups dj transport .
Table Data:
[['', '12/31/05', '12/31/06', '12/31/07', '12/31/08', '12/31/09', '12/31/10'], ['united parcel service inc .', '$ 100.00', '$ 101.76', '$ 98.20', '$ 78.76', '$ 84.87', '$ 110.57'], ['standard & poor 2019s 500 index', '$ 100.00', '$ 115.79', '$ 122.16', '$ 76.96', '$ 97.33', '$ 111.99'], ['dow jones transportation average', '$ 100.00', '$ 109.82', '$ 111.38', '$ 87.52', '$ 103.79', '$ 131.59']]
Following Text:
.
Question: what is the difference in total cumulative return on investment between united parcel service inc . and the dow jones transportation average for the five year period ending 12/31/10?
|
-21.02
|
Please answer the question based on all the information provided below:
Document: ILMN/2006/page_92.pdf
ID: ILMN/2006/page_92.pdf-3
Previous Text:
as of december 31 , 2006 , the company also leased an office and laboratory facility in connecticut , additional office , distribution and storage facilities in san diego , and four foreign facilities located in japan , singapore , china and the netherlands under non-cancelable operating leases that expire at various times through june 2011 .
these leases contain renewal options ranging from one to five years .
as of december 31 , 2006 , annual future minimum payments under these operating leases were as follows ( in thousands ) : .
Table Data:
[['2007', '5320'], ['2008', '5335'], ['2009', '5075'], ['2010', '4659'], ['2011', '4712'], ['2012 and thereafter', '12798'], ['total', '$ 37899']]
Following Text:
rent expense , net of amortization of the deferred gain on sale of property , was $ 4723041 , $ 4737218 , and $ 1794234 for the years ended december 31 , 2006 , january 1 , 2006 and january 2 , 2005 , respectively .
6 .
stockholders 2019 equity common stock as of december 31 , 2006 , the company had 46857512 shares of common stock outstanding , of which 4814744 shares were sold to employees and consultants subject to restricted stock agreements .
the restricted common shares vest in accordance with the provisions of the agreements , generally over five years .
all unvested shares are subject to repurchase by the company at the original purchase price .
as of december 31 , 2006 , 36000 shares of common stock were subject to repurchase .
in addition , the company also issued 12000 shares for a restricted stock award to an employee under the company 2019s new 2005 stock and incentive plan based on service performance .
these shares vest monthly over a three-year period .
stock options 2005 stock and incentive plan in june 2005 , the stockholders of the company approved the 2005 stock and incentive plan ( the 2005 stock plan ) .
upon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased .
the 2005 stock plan provides that an aggregate of up to 11542358 shares of the company 2019s common stock be reserved and available to be issued .
in addition , the 2005 stock plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% ( 5 % ) of outstanding shares of the company 2019s common stock on the last day of the immediately preceding fiscal year , 1200000 shares or such lesser amount as determined by the company 2019s board of directors .
illumina , inc .
notes to consolidated financial statements 2014 ( continued ) .
Question: as of december 31 , 2006 , annual future minimum payments under these operating leases what was the percent of the amount in 2007
|
14%
|
Please answer the question based on all the information provided below:
Document: JPM/2016/page_73.pdf
ID: JPM/2016/page_73.pdf-3
Previous Text:
jpmorgan chase & co./2016 annual report 35 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 united states of america ( 201cu.s . 201d ) 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 leading national money center and regional banks and thrifts .
the s&p financial index is an index of 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 , 2011 , in jpmorgan chase common stock and in each of the above indices .
the comparison assumes that all dividends are reinvested .
december 31 , ( in dollars ) 2011 2012 2013 2014 2015 2016 .
Table Data:
[['december 31 ( in dollars )', '2011', '2012', '2013', '2014', '2015', '2016'], ['jpmorgan chase', '$ 100.00', '$ 136.18', '$ 186.17', '$ 204.57', '$ 221.68', '$ 298.31'], ['kbw bank index', '100.00', '133.03', '183.26', '200.42', '201.40', '258.82'], ['s&p financial index', '100.00', '128.75', '174.57', '201.06', '197.92', '242.94'], ['s&p 500 index', '100.00', '115.99', '153.55', '174.55', '176.95', '198.10']]
Following Text:
december 31 , ( in dollars ) .
Question: did jpmorgan chase outperform the kbw bank index 100.00?\\n
|
yes
|
Please answer the question based on all the information provided below:
Document: AAPL/2015/page_68.pdf
ID: AAPL/2015/page_68.pdf-3
Previous Text:
table of contents the company uses some custom components that are not commonly used by its competitors , and new products introduced by the company often utilize custom components available from only one source .
when a component or product uses new technologies , initial capacity constraints may exist until the suppliers 2019 yields have matured or manufacturing capacity has increased .
if the company 2019s supply of components for a new or existing product were delayed or constrained , or if an outsourcing partner delayed shipments of completed products to the company , the company 2019s financial condition and operating results could be materially adversely affected .
the company 2019s business and financial performance could also be materially adversely affected depending on the time required to obtain sufficient quantities from the original source , or to identify and obtain sufficient quantities from an alternative source .
continued availability of these components at acceptable prices , or at all , may be affected if those suppliers concentrated on the production of common components instead of components customized to meet the company 2019s requirements .
the company has entered into agreements for the supply of many components ; however , there can be no guarantee that the company will be able to extend or renew these agreements on similar terms , or at all .
therefore , the company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results .
substantially all of the company 2019s hardware products are manufactured by outsourcing partners that are located primarily in asia .
a significant concentration of this manufacturing is currently performed by a small number of outsourcing partners , often in single locations .
certain of these outsourcing partners are the sole- sourced suppliers of components and manufacturers for many of the company 2019s products .
although the company works closely with its outsourcing partners on manufacturing schedules , the company 2019s operating results could be adversely affected if its outsourcing partners were unable to meet their production commitments .
the company 2019s purchase commitments typically cover its requirements for periods up to 150 days .
other off-balance sheet commitments operating leases the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements .
the company does not currently utilize any other off-balance sheet financing arrangements .
the major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options .
as of september 26 , 2015 , the company had a total of 463 retail stores .
leases for retail space are for terms ranging from five to 20 years , the majority of which are for 10 years , and often contain multi-year renewal options .
as of september 26 , 2015 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 6.3 billion , of which $ 3.6 billion related to leases for retail space .
rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 794 million , $ 717 million and $ 645 million in 2015 , 2014 and 2013 , respectively .
future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 26 , 2015 , are as follows ( in millions ) : .
Table Data:
[['2016', '$ 772'], ['2017', '774'], ['2018', '744'], ['2019', '715'], ['2020', '674'], ['thereafter', '2592'], ['total', '$ 6271']]
Following Text:
other commitments the company utilizes several outsourcing partners to manufacture sub-assemblies for the company 2019s products and to perform final assembly and testing of finished products .
these outsourcing partners acquire components and build product based on demand information supplied by the company , which typically covers periods up to 150 days .
the company also obtains individual components for its products from a wide variety of individual suppliers .
consistent with industry practice , the company acquires components through a combination of purchase orders , supplier contracts and open orders based on projected demand information .
where appropriate , the purchases are applied to inventory component prepayments that are outstanding with the respective supplier .
as of september 26 , 2015 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 29.5 billion .
apple inc .
| 2015 form 10-k | 65 .
Question: for future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 26 , 2015 , what percentage are due after 5 years?
|
41.3%
|
Please answer the question based on all the information provided below:
Document: ORLY/2009/page_77.pdf
ID: ORLY/2009/page_77.pdf-2
Previous Text:
the table below represents unrealized losses related to derivative amounts included in 201caccumulated other comprehensive loss 201d for the years ended december 31 , ( in thousands ) : balance in accumulated other comprehensive loss .
Table Data:
[['contract type', 'balance in accumulated other comprehensive loss 2009', 'balance in accumulated other comprehensive loss 2008'], ['interest rate swaps', '$ 13053', '$ 18874']]
Following Text:
note 9 2013 fair value measurements the company uses the fair value hierarchy , which prioritizes the inputs used to measure the fair value of certain of its financial instruments .
the hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities ( level 1 measurement ) and the lowest priority to unobservable inputs ( level 3 measurement ) .
the three levels of the fair value hierarchy are set forth below : 2022 level 1 2013 quoted prices are available in active markets for identical assets or liabilities as of the reporting date .
active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis .
2022 level 2 2013 pricing inputs are other than quoted prices in active markets included in level 1 , which are either directly or indirectly observable as of the reporting date .
level 2 includes those financial instruments that are valued using models or other valuation methodologies .
these models are primarily industry-standard models that consider various assumptions , including time value , volatility factors , and current market and contractual prices for the underlying instruments , as well as other relevant economic measures .
substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument , can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace .
2022 level 3 2013 pricing inputs include significant inputs that are generally less observable from objective sources .
these inputs may be used with internally developed methodologies that result in management 2019s best estimate of fair value from the perspective of a market participant .
the fair value of the interest rate swap transactions are based on the discounted net present value of the swap using third party quotes ( level 2 ) .
changes in fair market value are recorded in other comprehensive income ( loss ) , and changes resulting from ineffectiveness are recorded in current earnings .
assets and liabilities measured at fair value are based on one or more of three valuation techniques .
the three valuation techniques are identified in the table below and are as follows : a ) market approach 2013 prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities b ) cost approach 2013 amount that would be required to replace the service capacity of an asset ( replacement cost ) c ) income approach 2013 techniques to convert future amounts to a single present amount based on market expectations ( including present value techniques , option-pricing and excess earnings models ) .
Question: for unrealized losses related to derivative amounts included in 201caccumulated other comprehensive loss 201d for the years ended december 31 , ( in thousands ) , what was the total balance in accumulated other comprehensive loss for the two years combined?
|
31927
|
Please answer the question based on all the information provided below:
Document: C/2018/page_179.pdf
ID: C/2018/page_179.pdf-2
Previous Text:
incentive compensation cost the following table shows components of compensation expense , relating to certain of the incentive compensation programs described above : in a0millions a0of a0dollars 2018 2017 2016 charges for estimated awards to retirement-eligible employees $ 669 $ 659 $ 555 amortization of deferred cash awards , deferred cash stock units and performance stock units 202 354 336 immediately vested stock award expense ( 1 ) 75 70 73 amortization of restricted and deferred stock awards ( 2 ) 435 474 509 .
Table Data:
[['in millions of dollars', '2018', '2017', '2016'], ['charges for estimated awards to retirement-eligible employees', '$ 669', '$ 659', '$ 555'], ['amortization of deferred cash awards deferred cash stock units and performance stock units', '202', '354', '336'], ['immediately vested stock award expense ( 1 )', '75', '70', '73'], ['amortization of restricted and deferred stock awards ( 2 )', '435', '474', '509'], ['other variable incentive compensation', '640', '694', '710'], ['total', '$ 2021', '$ 2251', '$ 2183']]
Following Text:
( 1 ) represents expense for immediately vested stock awards that generally were stock payments in lieu of cash compensation .
the expense is generally accrued as cash incentive compensation in the year prior to grant .
( 2 ) all periods include amortization expense for all unvested awards to non-retirement-eligible employees. .
Question: what percentage of total compensation expense in 2018 is composed of other variable incentive compensation?
|
32%
|
Please answer the question based on all the information provided below:
Document: AMT/2007/page_114.pdf
ID: AMT/2007/page_114.pdf-3
Previous Text:
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) market and lease the unused tower space on the broadcast towers ( the economic rights ) .
tv azteca retains title to these towers and is responsible for their operation and maintenance .
the company is entitled to 100% ( 100 % ) of the revenues generated from leases with tenants on the unused space and is responsible for any incremental operating expenses associated with those tenants .
the term of the economic rights agreement is seventy years ; however , tv azteca has the right to purchase , at fair market value , the economic rights from the company at any time during the last fifty years of the agreement .
should tv azteca elect to purchase the economic rights ( in whole or in part ) , it would also be obligated to repay a proportional amount of the loan discussed above at the time of such election .
the company 2019s obligation to pay tv azteca $ 1.5 million annually would also be reduced proportionally .
the company has accounted for the annual payment of $ 1.5 million as a capital lease ( initially recording an asset and a corresponding liability of approximately $ 18.6 million ) .
the capital lease asset and the discount on the note , which aggregate approximately $ 30.2 million , represent the cost to acquire the economic rights and are being amortized over the seventy-year life of the economic rights agreement .
on a quarterly basis , the company assesses the recoverability of its note receivable from tv azteca .
as of december 31 , 2007 and 2006 , the company has assessed the recoverability of the note receivable from tv azteca and concluded that no adjustment to its carrying value is required .
a former executive officer and former director of the company served as a director of tv azteca from december 1999 to february 2006 .
as of december 31 , 2007 and 2006 , the company also had other long-term notes receivable outstanding of approximately $ 4.3 million and $ 11.0 million , respectively .
8 .
derivative financial instruments the company enters into interest rate protection agreements to manage exposure on the variable rate debt under its credit facilities and to manage variability in cash flows relating to forecasted interest payments .
under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract .
such exposure was limited to the current value of the contract at the time the counterparty fails to perform .
the company believes its contracts as of december 31 , 2007 and 2006 are with credit worthy institutions .
as of december 31 , 2007 and 2006 , the carrying amounts of the company 2019s derivative financial instruments , along with the estimated fair values of the related assets reflected in notes receivable and other long-term assets and ( liabilities ) reflected in other long-term liabilities in the accompanying consolidated balance sheet , are as follows ( in thousands except percentages ) : as of december 31 , 2007 notional amount interest rate term carrying amount and fair value .
Table Data:
[['as of december 31 2007', 'notional amount', 'interest rate', 'term', 'carrying amount and fair value'], ['interest rate swap agreement', '$ 150000', '3.95% ( 3.95 % )', 'expiring in 2009', '$ -369 ( 369 )'], ['interest rate swap agreement', '100000', '4.08% ( 4.08 % )', 'expiring in 2010', '-571 ( 571 )'], ['total', '$ 250000', '', '', '$ -940 ( 940 )']]
Following Text:
.
Question: the 3.95% ( 3.95 % ) notional swap was how much of the total notional swap principle?
|
60%
|
Please answer the question based on all the information provided below:
Document: WMT/2018/page_46.pdf
ID: WMT/2018/page_46.pdf-2
Previous Text:
continued investments in ecommerce and technology .
the increase in operating expenses as a percentage of net sales for fiscal 2017 was partially offset by the impact of store closures in the fourth quarter of fiscal 2016 .
membership and other income was relatively flat for fiscal 2018 and increased $ 1.0 billion a0for fiscal 2017 , when compared to the same period in the previous fiscal year .
while fiscal 2018 included a $ 387 million gain from the sale of suburbia , a $ 47 million gain from a land sale , higher recycling income from our sustainability efforts and higher membership income from increased plus member penetration at sam's club , these gains were less than gains recognized in fiscal 2017 .
fiscal 2017 included a $ 535 million gain from the sale of our yihaodian business and a $ 194 million gain from the sale of shopping malls in chile .
for fiscal 2018 , loss on extinguishment of debt was a0$ 3.1 billion , due to the early extinguishment of long-term debt which allowed us to retire higher rate debt to reduce interest expense in future periods .
our effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 .
although relatively consistent year-over-year , our effective income tax rate may fluctuate from period to period as a result of factors including changes in our assessment of certain tax contingencies , valuation allowances , changes in tax laws , outcomes of administrative audits , the impact of discrete items and the mix of earnings among our u.s .
operations and international operations .
the reconciliation from the u.s .
statutory rate to the effective income tax rates for fiscal 2018 , 2017 and 2016 is presented in note 9 in the "notes to consolidated financial statements" and describes the impact of the enactment of the tax cuts and jobs act of 2017 ( the "tax act" ) to the fiscal 2018 effective income tax rate .
as a result of the factors discussed above , we reported $ 10.5 billion and $ 14.3 billion of consolidated net income for fiscal 2018 and 2017 , respectively , which represents a decrease of $ 3.8 billion and $ 0.8 billion for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year .
diluted net income per common share attributable to walmart ( "eps" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively .
walmart u.s .
segment .
Table Data:
[['( amounts in millions except unit counts )', 'fiscal years ended january 31 , 2018', 'fiscal years ended january 31 , 2017', 'fiscal years ended january 31 , 2016'], ['net sales', '$ 318477', '$ 307833', '$ 298378'], ['percentage change from comparable period', '3.5% ( 3.5 % )', '3.2% ( 3.2 % )', '3.6% ( 3.6 % )'], ['calendar comparable sales increase', '2.1% ( 2.1 % )', '1.6% ( 1.6 % )', '1.0% ( 1.0 % )'], ['operating income', '$ 17869', '$ 17745', '$ 19087'], ['operating income as a percentage of net sales', '5.6% ( 5.6 % )', '5.8% ( 5.8 % )', '6.4% ( 6.4 % )'], ['unit counts at period end', '4761', '4672', '4574'], ['retail square feet at period end', '705', '699', '690']]
Following Text:
net sales for the walmart u.s .
segment increased $ 10.6 billion or 3.5% ( 3.5 % ) and $ 9.5 billion or 3.2% ( 3.2 % ) for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year .
the increases in net sales were primarily due to increases in comparable store sales of 2.1% ( 2.1 % ) and 1.6% ( 1.6 % ) for fiscal 2018 and 2017 , respectively , and year-over-year growth in retail square feet of 0.7% ( 0.7 % ) and 1.4% ( 1.4 % ) for fiscal 2018 and 2017 , respectively .
additionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase .
gross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year .
for fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce .
partially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise .
for fiscal 2017 , the increase in gross profit rate was primarily due to improved margin in food and consumables , including the impact of savings in procuring merchandise and lower transportation expense from lower fuel costs .
operating expenses as a percentage of segment net sales was relatively flat for fiscal 2018 and increased 101 basis points for fiscal 2017 , when compared to the previous fiscal year .
fiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively .
for fiscal 2017 , the increase was primarily driven by an increase in wage expense due to the investment in the associate wage structure ; the charge related to discontinued real estate projects ; and investments in digital retail and technology .
the increase in operating expenses as a percentage of segment net sales for fiscal 2017 was partially offset by the impact of store closures in fiscal 2016 .
as a result of the factors discussed above , segment operating income increased $ 124 million for fiscal 2018 and decreased $ 1.3 billion for fiscal 2017 , respectively. .
Question: what is the growth rate in net sales for walmart u.s . segment from 2017 to 2018?
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3.5%
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Please answer the question based on all the information provided below:
Document: RSG/2014/page_128.pdf
ID: RSG/2014/page_128.pdf-1
Previous Text:
republic services , inc .
notes to consolidated financial statements 2014 ( continued ) we determine the discount rate used in the measurement of our obligations based on a model that matches the timing and amount of expected benefit payments to maturities of high quality bonds priced as of the pension plan measurement date .
when that timing does not correspond to a published high-quality bond rate , our model uses an expected yield curve to determine an appropriate current discount rate .
the yields on the bonds are used to derive a discount rate for the liability .
the term of our obligation , based on the expected retirement dates of our workforce , is approximately ten years .
in developing our expected rate of return assumption , we have evaluated the actual historical performance and long-term return projections of the plan assets , which give consideration to the asset mix and the anticipated timing of the pension plan outflows .
we employ a total return investment approach whereby a mix of equity and fixed income investments are used to maximize the long-term return of plan assets for what we consider a prudent level of risk .
the intent of this strategy is to minimize plan expenses by outperforming plan liabilities over the long run .
risk tolerance is established through careful consideration of plan liabilities , plan funded status and our financial condition .
the investment portfolio contains a diversified blend of equity and fixed income investments .
furthermore , equity investments are diversified across u.s .
and non-u.s .
stocks as well as growth , value , and small and large capitalizations .
derivatives may be used to gain market exposure in an efficient and timely manner ; however , derivatives may not be used to leverage the portfolio beyond the market value of the underlying investments .
investment risk is measured and monitored on an ongoing basis through annual liability measurements , periodic asset and liability studies , and quarterly investment portfolio reviews .
the following table summarizes our target asset allocation for 2014 and actual asset allocation as of december 31 , 2014 and 2013 for our defined benefit pension plan : target allocation actual allocation actual allocation .
Table Data:
[['', 'targetassetallocation', '2014actualassetallocation', '2013actualassetallocation'], ['debt securities', '70% ( 70 % )', '70% ( 70 % )', '70% ( 70 % )'], ['equity securities', '30', '30', '30'], ['total', '100% ( 100 % )', '100% ( 100 % )', '100% ( 100 % )']]
Following Text:
for 2015 , the investment strategy for pension plan assets is to maintain a broadly diversified portfolio designed to achieve our target of an average long-term rate of return of 6.35% ( 6.35 % ) .
while we believe we can achieve a long- term average return of 6.35% ( 6.35 % ) , we cannot be certain that the portfolio will perform to our expectations .
assets are strategically allocated among debt and equity portfolios to achieve a diversification level that reduces fluctuations in investment returns .
asset allocation target ranges and strategies are reviewed periodically with the assistance of an independent external consulting firm. .
Question: based on the 2014 actualassetallocation what was the debt to equity ratio
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2.3
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Please answer the question based on all the information provided below:
Document: ADI/2007/page_82.pdf
ID: ADI/2007/page_82.pdf-1
Previous Text:
stock option gains previously deferred by those participants pursuant to the terms of the deferred compensation plan and earnings on those deferred amounts .
as a result of certain provisions of the american jobs creation act , participants had the opportunity until december 31 , 2005 to elect to withdraw amounts previously deferred .
11 .
lease commitments the company leases certain of its facilities , equipment and software under various operating leases that expire at various dates through 2022 .
the lease agreements frequently include renewal and escalation clauses and require the company to pay taxes , insurance and maintenance costs .
total rental expense under operating leases was approximately $ 43 million in fiscal 2007 , $ 45 million in fiscal 2006 and $ 44 million in fiscal 2005 .
the following is a schedule of future minimum rental payments required under long-term operating leases at november 3 , 2007 : fiscal years operating leases .
Table Data:
[['fiscal years', 'operating leases'], ['2008', '$ 30774'], ['2009', '$ 25906'], ['2010', '$ 13267'], ['2011', '$ 5430'], ['2012', '$ 3842'], ['later years', '$ 12259'], ['total', '$ 91478']]
Following Text:
12 .
commitments and contingencies tentative settlement of the sec 2019s previously announced stock option investigation in the company 2019s 2004 form 10-k filing , the company disclosed that the securities and exchange com- mission ( sec ) had initiated an inquiry into its stock option granting practices , focusing on options that were granted shortly before the issuance of favorable financial results .
on november 15 , 2005 , the company announced that it had reached a tentative settlement with the sec .
at all times since receiving notice of this inquiry , the company has cooperated with the sec .
in november 2005 , the company and its president and ceo , mr .
jerald g .
fishman , made an offer of settlement to the staff of the sec .
the settlement has been submitted to the commission for approval .
there can be no assurance a final settlement will be so approved .
the sec 2019s inquiry focused on two separate issues .
the first issue concerned the company 2019s disclosure regarding grants of options to employees and directors prior to the release of favorable financial results .
specifically , the issue related to options granted to employees ( including officers ) of the company on november 30 , 1999 and to employees ( including officers ) and directors of the company on november 10 , 2000 .
the second issue concerned the grant dates for options granted to employees ( including officers ) in 1998 and 1999 , and the grant date for options granted to employees ( including officers ) and directors in 2001 .
specifically , the settlement would conclude that the appropriate grant date for the september 4 , 1998 options should have been september 8th ( which is one trading day later than the date that was used to price the options ) ; the appropriate grant date for the november 30 , 1999 options should have been november 29th ( which is one trading day earlier than the date that was used ) ; and the appropriate grant date for the july 18 , 2001 options should have been july 26th ( which is five trading days after the original date ) .
analog devices , inc .
notes to consolidated financial statements 2014 ( continued ) .
Question: what is the growth rate in rental expense under operating leases in 2007?
|
-4.4%
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Please answer the question based on all the information provided below:
Document: LKQ/2007/page_82.pdf
ID: LKQ/2007/page_82.pdf-1
Previous Text:
lkq corporation and subsidiaries notes to consolidated financial statements ( continued ) note 8 .
restructuring and integration costs ( continued ) levels and the closure of excess facilities .
to the extent these restructuring activities are associated with keystone operations , they are being accounted for in accordance with eitf issue no .
95-3 , 2018 2018recognition of liabilities in connection with a purchase business combination . 2019 2019 restructuring activities associated with our existing operations are being accounted for in accordance with sfas no .
146 , 2018 2018accounting for costs associated with exit or disposal activities . 2019 2019 in connection with the keystone restructuring activities , as part of the cost of the acquisition , we established reserves as detailed below .
in accordance with eitf issue no .
95-3 , we intend to finalize our restructuring plans no later than one year from the date of our acquisition of keystone .
upon finalization of restructuring plans or settlement of obligations for less than the expected amount , any excess reserves will be reversed with a corresponding decrease in goodwill .
accrued acquisition expenses are included in other accrued expenses in the accompanying consolidated balance sheets .
the changes in accrued acquisition expenses directly related to the keystone acquisition during 2007 are as follows ( in thousands ) : severance excess related costs facility costs other total .
Table Data:
[['', 'severance related costs', 'excess facility costs', 'other', 'total'], ['reserves established', '$ 11233', '$ 2823', '$ 488', '$ 14544'], ['payments', '-1727 ( 1727 )', '-85 ( 85 )', '-488 ( 488 )', '-2300 ( 2300 )'], ['balance at december 31 2007', '$ 9506', '$ 2738', '$ 2014', '$ 12244']]
Following Text:
restructuring and integration costs associated with our existing operations are included in restructuring expenses on the accompanying consolidated statements of income .
note 9 .
related party transactions we sublease a portion of our corporate office space to an entity owned by the son of one of our principal stockholders for a pro rata percentage of the rent that we are charged .
the total amounts received from this entity were approximately $ 54000 , $ 70000 and $ 49000 during the years ended december 31 , 2007 , 2006 and 2005 , respectively .
we also paid this entity approximately $ 0.4 million during 2007 for consulting fees incurred in connection with our new secured debt facility .
a corporation owned by our chairman of the board , who is also one of our principal stockholders , owns private aircraft that we use from time to time for business trips .
we reimburse this corporation for out-of-pocket and other related flight expenses , as well as for other direct expenses incurred .
the total amounts paid to this corporation were approximately $ 102000 , $ 6400 and $ 122000 during each of the years ended december 31 , 2007 , 2006 and 2005 , respectively .
in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , who became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations .
typical lease terms include an initial term of five years , with three five-year renewal options and purchase options at various times throughout the lease periods .
we also maintain the right of first refusal concerning the sale of the leased property .
lease payments to a principal stockholder who became an officer of the company after the acquisition of his business were approximately $ 0.8 million during each of the years ended december 31 , 2007 , 2006 and 2005 , respectively. .
Question: what was the average we sublease rental income from 2005 to 2007
|
57667
|
Please answer the question based on all the information provided below:
Document: HUM/2018/page_129.pdf
ID: HUM/2018/page_129.pdf-1
Previous Text:
humana inc .
notes to consolidated financial statements 2014 ( continued ) 15 .
stockholders 2019 equity dividends the following table provides details of dividend payments , excluding dividend equivalent rights , in 2016 , 2017 , and 2018 under our board approved quarterly cash dividend policy : payment amount per share amount ( in millions ) .
Table Data:
[['paymentdate', 'amountper share', 'totalamount ( in millions )'], ['2016', '$ 1.16', '$ 172'], ['2017', '$ 1.49', '$ 216'], ['2018', '$ 1.90', '$ 262']]
Following Text:
on november 2 , 2018 , the board declared a cash dividend of $ 0.50 per share that was paid on january 25 , 2019 to stockholders of record on december 31 , 2018 , for an aggregate amount of $ 68 million .
declaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change .
in february 2019 , the board declared a cash dividend of $ 0.55 per share payable on april 26 , 2019 to stockholders of record on march 29 , 2019 .
stock repurchases our board of directors may authorize the purchase of our common shares .
under our share repurchase authorization , shares may have been purchased from time to time at prevailing prices in the open market , by block purchases , through plans designed to comply with rule 10b5-1 under the securities exchange act of 1934 , as amended , or in privately-negotiated transactions ( including pursuant to accelerated share repurchase agreements with investment banks ) , subject to certain regulatory restrictions on volume , pricing , and timing .
on february 14 , 2017 , our board of directors authorized the repurchase of up to $ 2.25 billion of our common shares expiring on december 31 , 2017 , exclusive of shares repurchased in connection with employee stock plans .
on february 16 , 2017 , we entered into an accelerated share repurchase agreement , the february 2017 asr , with goldman , sachs & co .
llc , or goldman sachs , to repurchase $ 1.5 billion of our common stock as part of the $ 2.25 billion share repurchase authorized on february 14 , 2017 .
on february 22 , 2017 , we made a payment of $ 1.5 billion to goldman sachs from available cash on hand and received an initial delivery of 5.83 million shares of our common stock from goldman sachs based on the then current market price of humana common stock .
the payment to goldman sachs was recorded as a reduction to stockholders 2019 equity , consisting of a $ 1.2 billion increase in treasury stock , which reflected the value of the initial 5.83 million shares received upon initial settlement , and a $ 300 million decrease in capital in excess of par value , which reflected the value of stock held back by goldman sachs pending final settlement of the february 2017 asr .
upon settlement of the february 2017 asr on august 28 , 2017 , we received an additional 0.84 million shares as determined by the average daily volume weighted-average share price of our common stock during the term of the agreement of $ 224.81 , less a discount and subject to adjustments pursuant to the terms and conditions of the february 2017 asr , bringing the total shares received under this program to 6.67 million .
in addition , upon settlement we reclassified the $ 300 million value of stock initially held back by goldman sachs from capital in excess of par value to treasury stock .
subsequent to settlement of the february 2017 asr , we repurchased an additional 3.04 million shares in the open market , utilizing the remaining $ 750 million of the $ 2.25 billion authorization prior to expiration .
on december 14 , 2017 , our board of directors authorized the repurchase of up to $ 3.0 billion of our common shares expiring on december 31 , 2020 , exclusive of shares repurchased in connection with employee stock plans. .
Question: what was the amount of shares paid out in 2016 in millions
|
148
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Please answer the question based on all the information provided below:
Document: IPG/2014/page_47.pdf
ID: IPG/2014/page_47.pdf-2
Previous Text:
item 7a .
quantitative and qualitative disclosures about market risk ( amounts in millions ) in the normal course of business , we are exposed to market risks related to interest rates , foreign currency rates and certain balance sheet items .
from time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks .
derivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes .
interest rates our exposure to market risk for changes in interest rates relates primarily to the fair market value and cash flows of our debt obligations .
the majority of our debt ( approximately 91% ( 91 % ) and 86% ( 86 % ) as of december 31 , 2014 and 2013 , respectively ) bears interest at fixed rates .
we do have debt with variable interest rates , but a 10% ( 10 % ) increase or decrease in interest rates would not be material to our interest expense or cash flows .
the fair market value of our debt is sensitive to changes in interest rates , and the impact of a 10% ( 10 % ) change in interest rates is summarized below .
increase/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates .
Table Data:
[['as of december 31,', 'increase/ ( decrease ) in fair market value 10% ( 10 % ) increasein interest rates', 'increase/ ( decrease ) in fair market value 10% ( 10 % ) decreasein interest rates'], ['2014', '$ -35.5 ( 35.5 )', '$ 36.6'], ['2013', '-26.9 ( 26.9 )', '27.9']]
Following Text:
we have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates .
we do not have any interest rate swaps outstanding as of december 31 , 2014 .
we had $ 1667.2 of cash , cash equivalents and marketable securities as of december 31 , 2014 that we generally invest in conservative , short-term bank deposits or securities .
the interest income generated from these investments is subject to both domestic and foreign interest rate movements .
during 2014 and 2013 , we had interest income of $ 27.4 and $ 24.7 , respectively .
based on our 2014 results , a 100-basis-point increase or decrease in interest rates would affect our interest income by approximately $ 16.7 , assuming that all cash , cash equivalents and marketable securities are impacted in the same manner and balances remain constant from year-end 2014 levels .
foreign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates .
since we report revenues and expenses in u.s .
dollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s .
dollars ) from foreign operations .
the primary foreign currencies that impacted our results during 2014 included the argentine peso , australian dollar , brazilian real and british pound sterling .
based on 2014 exchange rates and operating results , if the u.s .
dollar were to strengthen or weaken by 10% ( 10 % ) , we currently estimate operating income would decrease or increase approximately 4% ( 4 % ) , assuming that all currencies are impacted in the same manner and our international revenue and expenses remain constant at 2014 levels .
the functional currency of our foreign operations is generally their respective local currency .
assets and liabilities are translated at the exchange rates in effect at the balance sheet date , and revenues and expenses are translated at the average exchange rates during the period presented .
the resulting translation adjustments are recorded as a component of accumulated other comprehensive loss , net of tax , in the stockholders 2019 equity section of our consolidated balance sheets .
our foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk .
however , certain subsidiaries may enter into transactions in currencies other than their functional currency .
assets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement .
currency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses .
we have not entered into a material amount of foreign currency forward exchange contracts or other derivative financial instruments to hedge the effects of potential adverse fluctuations in foreign currency exchange rates. .
Question: assuming that all cash , cash equivalents and marketable securities are invested to generate the stated interest income in 2014 , what would be the average interest rate?
|
1.6%
|
Please answer the question based on all the information provided below:
Document: MRO/2009/page_32.pdf
ID: MRO/2009/page_32.pdf-1
Previous Text:
technical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program .
in addition , we have acquired a 20 percent interest in grt , inc .
the gtftm technology is protected by an intellectual property protection program .
the u.s .
has granted 17 patents for the technology , with another 22 pending .
worldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings .
another innovative technology that we are developing focuses on reducing the processing and transportation costs of natural gas by artificially creating natural gas hydrates , which are more easily transportable than natural gas in its gaseous form .
much like lng , gas hydrates would then be regasified upon delivery to the receiving market .
we have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system .
the above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility .
factors that could potentially affect the possible expansion of the lng production facility include partner and government approvals , access to sufficient natural gas volumes through exploration or commercial negotiations with other resource owners and access to sufficient regasification capacity .
the foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements .
refining , marketing and transportation we have refining , marketing and transportation operations concentrated primarily in the midwest , upper great plains , gulf coast and southeast regions of the u.s .
we rank as the fifth largest crude oil refiner in the u.s .
and the largest in the midwest .
our operations include a seven-plant refining network and an integrated terminal and transportation system which supplies wholesale and marathon-brand customers as well as our own retail operations .
our wholly-owned retail marketing subsidiary speedway superamerica llc ( 201cssa 201d ) is the third largest chain of company-owned and -operated retail gasoline and convenience stores in the u.s .
and the largest in the midwest .
refining we own and operate seven refineries with an aggregate refining capacity of 1.188 million barrels per day ( 201cmmbpd 201d ) of crude oil as of december 31 , 2009 .
during 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks .
the table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 .
crude oil refining capacity ( thousands of barrels per day ) 2009 .
Table Data:
[['( thousands of barrels per day )', '2009'], ['garyville louisiana', '436'], ['catlettsburg kentucky', '212'], ['robinson illinois', '206'], ['detroit michigan', '106'], ['canton ohio', '78'], ['texas city texas', '76'], ['st . paul park minnesota', '74'], ['total', '1188']]
Following Text:
our refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units .
the refineries process a wide variety of crude oils and produce numerous refined products , ranging from transportation fuels , such as reformulated gasolines , blend- grade gasolines intended for blending with fuel ethanol and ultra-low sulfur diesel fuel , to heavy fuel oil and asphalt .
additionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride .
our garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge .
the garyville refinery predominantly processes heavy sour crude oil into products .
Question: what percentage of crude oil refining capacity is located in garyville louisiana?
|
36.7%
|
Please answer the question based on all the information provided below:
Document: LMT/2014/page_93.pdf
ID: LMT/2014/page_93.pdf-2
Previous Text:
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .
the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .
as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .
we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .
in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .
stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .
the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .
no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .
the minimum vesting period for restricted stock or stock units payable in stock is three years .
award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .
the maximum term of a stock option or any other award is 10 years .
at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .
at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .
we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .
the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share .
Table Data:
[['', 'number of rsus ( in thousands )', 'weighted average grant-date fair value pershare'], ['nonvested at december 31 2011', '4302', '$ 78.25'], ['granted', '1987', '81.93'], ['vested', '-1299 ( 1299 )', '80.64'], ['forfeited', '-168 ( 168 )', '79.03'], ['nonvested at december 31 2012', '4822', '$ 79.10'], ['granted', '1356', '89.24'], ['vested', '-2093 ( 2093 )', '79.26'], ['forfeited', '-226 ( 226 )', '81.74'], ['nonvested at december 31 2013', '3859', '$ 82.42'], ['granted', '745', '146.85'], ['vested', '-2194 ( 2194 )', '87.66'], ['forfeited', '-84 ( 84 )', '91.11'], ['nonvested at december 31 2014', '2326', '$ 97.80']]
Following Text:
rsus are valued based on the fair value of our common stock on the date of grant .
employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .
employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .
for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .
we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what was the percentage change in non-cash stock-based compensation expense from 2013 to 2014?
|
-13%
|
Please answer the question based on all the information provided below:
Document: ADI/2019/page_77.pdf
ID: ADI/2019/page_77.pdf-2
Previous Text:
expected term 2014 the company uses historical employee exercise and option expiration data to estimate the expected term assumption for the black-scholes grant-date valuation .
the company believes that this historical data is currently the best estimate of the expected term of a new option , and that generally its employees exhibit similar exercise behavior .
risk-free interest rate 2014 the yield on zero-coupon u.s .
treasury securities for a period that is commensurate with the expected term assumption is used as the risk-free interest rate .
expected dividend yield 2014 expected dividend yield is calculated by annualizing the cash dividend declared by the company 2019s board of directors for the current quarter and dividing that result by the closing stock price on the date of grant .
until such time as the company 2019s board of directors declares a cash dividend for an amount that is different from the current quarter 2019s cash dividend , the current dividend will be used in deriving this assumption .
cash dividends are not paid on options , restricted stock or restricted stock units .
in connection with the acquisition , the company granted restricted stock awards to replace outstanding restricted stock awards of linear employees .
these restricted stock awards entitle recipients to voting and nonforfeitable dividend rights from the date of grant .
stock-based compensation expensexp p the amount of stock-based compensation expense recognized during a period is based on the value of the awards that are ultimately expected to vest .
forfeitures are estimated at the time of grant and revised , if necessary , in subsequent periods if actual forfeitures differ from those estimates .
the term 201cforfeitures 201d is distinct from 201ccancellations 201d or 201cexpirations 201d and represents only the unvested portion of the surrendered stock-based award .
based on an analysis of its historical forfeitures , the company has applied an annual forfeitureff rate of 5.0% ( 5.0 % ) to all unvested stock-based awards as of november 2 , 2019 .
this analysis will be re-evaluated quarterly and the forfeiture rate will be adjusted as necessary .
ultimately , the actual expense recognized over the vesting period will only be for those awards that vest .
total stock-based compensation expense recognized is as follows: .
Table Data:
[['', '2019', '2018', '2017'], ['cost of sales', '$ 20628', '$ 18733', '$ 12569'], ['research and development', '75305', '81444', '51258'], ['selling marketing general and administrative', '51829', '50988', '40361'], ['special charges', '2538', '2014', '2014'], ['total stock-based compensation expense', '$ 150300', '$ 151165', '$ 104188']]
Following Text:
as of november 2 , 2019 and november 3 , 2018 , the company capitalized $ 6.8 million and $ 7.1 million , respectively , of stock-based compensation in inventory .
additional paid-in-capital ( apic ) pp poolp p ( ) the company adopted asu 2016-09 during fiscal 2018 .
asu 2016-09 eliminated the apic pool and requires that excess tax benefits and tax deficiencies be recorded in the income statement when awards are settled .
as a result of this adoption the company recorded total excess tax benefits of $ 28.7 million and $ 26.2 million in fiscal 2019 and fiscal 2018 , respectively , from its stock-based compensation payments within income tax expense in its consolidated statements of income .
for fiscal 2017 , the apic pool represented the excess tax benefits related to stock-based compensation that were available to absorb future tax deficiencies .
if the amount of future tax deficiencies was greater than the available apic pool , the company recorded the excess as income tax expense in its consolidated statements of income .
for fiscal 2017 , the company had a sufficient apic pool to cover any tax deficiencies recorded and as a result , these deficiencies did not affect its results of operations .
analog devices , inc .
notes to consolidated financial statements 2014 ( continued ) .
Question: what is the growth rate in the r&d in 2019?
|
-7.5%
|
Please answer the question based on all the information provided below:
Document: BLL/2010/page_58.pdf
ID: BLL/2010/page_58.pdf-1
Previous Text:
page 45 of 100 ball corporation and subsidiaries notes to consolidated financial statements 3 .
acquisitions latapack-ball embalagens ltda .
( latapack-ball ) in august 2010 , the company paid $ 46.2 million to acquire an additional 10.1 percent economic interest in its brazilian beverage packaging joint venture , latapack-ball , through a transaction with the joint venture partner , latapack s.a .
this transaction increased the company 2019s overall economic interest in the joint venture to 60.1 percent and expands and strengthens ball 2019s presence in the growing brazilian market .
as a result of the transaction , latapack-ball became a variable interest entity ( vie ) under consolidation accounting guidelines with ball being identified as the primary beneficiary of the vie and consolidating the joint venture .
latapack-ball operates metal beverage packaging manufacturing plants in tres rios , jacarei and salvador , brazil and has been included in the metal beverage packaging , americas and asia , reporting segment .
in connection with the acquisition , the company recorded a gain of $ 81.8 million on its previously held equity investment in latapack-ball as a result of required purchase accounting .
the following table summarizes the final fair values of the latapack-ball assets acquired , liabilities assumed and non- controlling interest recognized , as well as the related investment in latapack s.a. , as of the acquisition date .
the valuation was based on market and income approaches. .
Table Data:
[['cash', '$ 69.3'], ['current assets', '84.7'], ['property plant and equipment', '265.9'], ['goodwill', '100.2'], ['intangible asset', '52.8'], ['current liabilities', '-53.2 ( 53.2 )'], ['long-term liabilities', '-174.1 ( 174.1 )'], ['net assets acquired', '$ 345.6'], ['noncontrolling interests', '$ -132.9 ( 132.9 )']]
Following Text:
noncontrolling interests $ ( 132.9 ) the customer relationships were identified as an intangible asset by the company and assigned an estimated life of 13.4 years .
the intangible asset is being amortized on a straight-line basis .
neuman aluminum ( neuman ) in july 2010 , the company acquired neuman for approximately $ 62 million in cash .
neuman had sales of approximately $ 128 million in 2009 ( unaudited ) and is the leading north american manufacturer of aluminum slugs used to make extruded aerosol cans , beverage bottles , aluminum collapsible tubes and technical impact extrusions .
neuman operates two plants , one in the united states and one in canada , which employ approximately 180 people .
the acquisition of neuman is not material to the metal food and household products packaging , americas , segment , in which its results of operations have been included since the acquisition date .
guangdong jianlibao group co. , ltd ( jianlibao ) in june 2010 , the company acquired jianlibao 2019s 65 percent interest in a joint venture metal beverage can and end plant in sanshui ( foshan ) , prc .
ball has owned 35 percent of the joint venture plant since 1992 .
ball acquired the 65 percent interest for $ 86.9 million in cash ( net of cash acquired ) and assumed debt , and also entered into a long-term supply agreement with jianlibao and one of its affiliates .
the company recorded equity earnings of $ 24.1 million , which was composed of equity earnings and a gain realized on the fair value of ball 2019s previous 35 percent equity investment as a result of required purchase accounting .
the purchase accounting was completed during the third quarter of 2010 .
the acquisition of the remaining interest is not material to the metal beverage packaging , americas and asia , segment. .
Question: what percentage of net assets acquired was goodwill?
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29%
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Please answer the question based on all the information provided below:
Document: UNP/2013/page_30.pdf
ID: UNP/2013/page_30.pdf-1
Previous Text:
supplies .
expenses for purchased services increased 10% ( 10 % ) compared to 2012 due to logistics management fees , an increase in locomotive overhauls and repairs on jointly owned property .
expenses for contract services increased $ 103 million in 2012 versus 2011 , primarily due to increased demand for transportation services purchased by our logistics subsidiaries for their customers and additional costs for repair and maintenance of locomotives and freight cars .
depreciation 2013 the majority of depreciation relates to road property , including rail , ties , ballast , and other track material .
depreciation was up 1% ( 1 % ) compared to 2012 .
recent depreciation studies allowed us to use longer estimated service lives for certain equipment , which partially offset the impact of a higher depreciable asset base resulting from larger capital spending in recent years .
a higher depreciable asset base , reflecting ongoing capital spending , increased depreciation expense in 2012 compared to 2011 .
equipment and other rents 2013 equipment and other rents expense primarily includes rental expense that the railroad pays for freight cars owned by other railroads or private companies ; freight car , intermodal , and locomotive leases ; and office and other rent expenses .
additional container costs resulting from the logistics management arrangement , and increased automotive shipments , partially offset by lower cycle times drove a $ 51 million increase in our short-term freight car rental expense versus 2012 .
conversely , lower locomotive and freight car lease expenses partially offset the higher freight car rental expense .
increased automotive and intermodal shipments , partially offset by improved car-cycle times , drove an increase in our short-term freight car rental expense in 2012 compared to 2011 .
conversely , lower locomotive lease expense partially offset the higher freight car rental expense .
other 2013 other expenses include state and local taxes , freight , equipment and property damage , utilities , insurance , personal injury , environmental , employee travel , telephone and cellular , computer software , bad debt , and other general expenses .
higher property taxes and costs associated with damaged freight and property increased other costs in 2013 compared to 2012 .
continued improvement in our safety performance and lower estimated liability for personal injury , which reduced our personal injury expense year-over-year , partially offset increases in other costs .
other costs in 2012 were slightly higher than 2011 primarily due to higher property taxes .
despite continual improvement in our safety experience and lower estimated annual costs , personal injury expense increased in 2012 compared to 2011 , as the liability reduction resulting from historical claim experience was less than the reduction in 2011 .
non-operating items millions 2013 2012 2011 % ( % ) change 2013 v 2012 % ( % ) change 2012 v 2011 .
Table Data:
[['millions', '2013', '2012', '2011', '% ( % ) change 2013 v 2012', '% ( % ) change 2012 v 2011'], ['other income', '$ 128', '$ 108', '$ 112', '19 % ( % )', '( 4 ) % ( % )'], ['interest expense', '-526 ( 526 )', '-535 ( 535 )', '-572 ( 572 )', '-2 ( 2 )', '-6 ( 6 )'], ['income taxes', '-2660 ( 2660 )', '-2375 ( 2375 )', '-1972 ( 1972 )', '12 % ( % )', '20 % ( % )']]
Following Text:
other income 2013 other income increased in 2013 versus 2012 due to higher gains from real estate sales and increased lease income , including the favorable impact from the $ 17 million settlement of a land lease contract .
these increases were partially offset by interest received from a tax refund in 2012 .
other income decreased in 2012 versus 2011 due to lower gains from real estate sales and higher environmental costs associated with non-operating properties , partially offset by interest received from a tax refund .
interest expense 2013 interest expense decreased in 2013 versus 2012 due to a lower effective interest rate of 5.7% ( 5.7 % ) in 2013 versus 6.0% ( 6.0 % ) in 2012 .
the increase in the weighted-average debt level to $ 9.6 billion in 2013 from $ 9.1 billion in 2012 partially offset the impact of the lower effective interest rate .
interest expense decreased in 2012 versus 2011 reflecting a lower effective interest rate in 2012 of 6.0% ( 6.0 % ) versus 6.2% ( 6.2 % ) in 2011 as the debt level did not materially change from 2011 to 2012. .
Question: what was the average other income from 2011 to 2013
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116
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Please answer the question based on all the information provided below:
Document: CDNS/2018/page_82.pdf
ID: CDNS/2018/page_82.pdf-4
Previous Text:
note 8 .
acquisitions during fiscal 2017 , cadence completed two business combinations for total cash consideration of $ 142.8 million , after taking into account cash acquired of $ 4.2 million .
the total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective estimated fair values on the acquisition dates .
cadence recorded a total of $ 76.4 million of acquired intangible assets ( of which $ 71.5 million represents in-process technology ) , $ 90.2 million of goodwill and $ 19.6 million of net liabilities consisting primarily of deferred tax liabilities .
cadence will also make payments to certain employees , subject to continued employment and other performance-based conditions , through the fourth quarter of fiscal 2020 .
during fiscal 2016 , cadence completed two business combinations for total cash consideration of $ 42.4 million , after taking into account cash acquired of $ 1.8 million .
the total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective estimated fair values on the acquisition dates .
cadence recorded a total of $ 23.6 million of goodwill , $ 23.2 million of acquired intangible assets and $ 2.6 million of net liabilities consisting primarily of deferred revenue .
cadence will also make payments to certain employees , subject to continued employment and other conditions , through the second quarter of fiscal a trust for the benefit of the children of lip-bu tan , cadence 2019s chief executive officer ( 201cceo 201d ) and director , owned less than 3% ( 3 % ) of nusemi inc , one of the companies acquired in 2017 , and less than 2% ( 2 % ) of rocketick technologies ltd. , one of the companies acquired in 2016 .
mr .
tan and his wife serve as co-trustees of the trust and disclaim pecuniary and economic interest in the trust .
the board of directors of cadence reviewed the transactions and concluded that it was in the best interests of cadence to proceed with the transactions .
mr .
tan recused himself from the board of directors 2019 discussion of the valuation of nusemi inc and rocketick technologies ltd .
and on whether to proceed with the transactions .
acquisition-related transaction costs there were no direct transaction costs associated with acquisitions during fiscal 2018 .
transaction costs associated with acquisitions were $ 0.6 million and $ 1.1 million during fiscal 2017 and 2016 , respectively .
these costs consist of professional fees and administrative costs and were expensed as incurred in cadence 2019s consolidated income statements .
note 9 .
goodwill and acquired intangibles goodwill the changes in the carrying amount of goodwill during fiscal 2018 and 2017 were as follows : gross carrying amount ( in thousands ) .
Table Data:
[['', 'gross carryingamount ( in thousands )'], ['balance as of december 31 2016', '$ 572764'], ['goodwill resulting from acquisitions', '90218'], ['effect of foreign currency translation', '3027'], ['balance as of december 30 2017', '666009'], ['effect of foreign currency translation', '-3737 ( 3737 )'], ['balance as of december 29 2018', '$ 662272']]
Following Text:
cadence completed its annual goodwill impairment test during the third quarter of fiscal 2018 and determined that the fair value of cadence 2019s single reporting unit substantially exceeded the carrying amount of its net assets and that no impairment existed. .
Question: what is the percentage increase in the balance of goodwill from 2016 to 2017?
|
16.3%
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Please answer the question based on all the information provided below:
Document: OKE/2007/page_51.pdf
ID: OKE/2007/page_51.pdf-1
Previous Text:
impairment of long-lived assets , goodwill and intangible assets - we assess our long-lived assets for impairment based on statement 144 , 201caccounting for the impairment or disposal of long-lived assets . 201d a long-lived asset is tested for impairment whenever events or changes in circumstances indicate that its carrying amount may exceed its fair value .
fair values are based on the sum of the undiscounted future cash flows expected to result from the use and eventual disposition of the assets .
we assess our goodwill and intangible assets for impairment at least annually based on statement 142 , 201cgoodwill and other intangible assets . 201d there were no impairment charges resulting from the july 1 , 2007 , impairment tests and no events indicating an impairment have occurred subsequent to that date .
an initial assessment is made by comparing the fair value of the operations with goodwill , as determined in accordance with statement 142 , to the book value of each reporting unit .
if the fair value is less than the book value , an impairment is indicated , and we must perform a second test to measure the amount of the impairment .
in the second test , we calculate the implied fair value of the goodwill by deducting the fair value of all tangible and intangible net assets of the operations with goodwill from the fair value determined in step one of the assessment .
if the carrying value of the goodwill exceeds this calculated implied fair value of the goodwill , we will record an impairment charge .
at december 31 , 2007 , we had $ 600.7 million of goodwill recorded on our consolidated balance sheet as shown below. .
Table Data:
[['', '( thousands of dollars )'], ['oneok partners', '$ 431418'], ['distribution', '157953'], ['energy services', '10255'], ['other', '1099'], ['total goodwill', '$ 600725']]
Following Text:
( thousands of dollars ) intangible assets with a finite useful life are amortized over their estimated useful life , while intangible assets with an indefinite useful life are not amortized .
all intangible assets are subject to impairment testing .
our oneok partners segment had $ 443.0 million of intangible assets recorded on our consolidated balance sheet as of december 31 , 2007 , of which $ 287.5 million is being amortized over an aggregate weighted-average period of 40 years , while the remaining balance has an indefinite life .
during 2006 , we recorded a goodwill and asset impairment related to oneok partners 2019 black mesa pipeline of $ 8.4 million and $ 3.6 million , respectively , which were recorded as depreciation and amortization .
the reduction to our net income , net of minority interests and income taxes , was $ 3.0 million .
in the third quarter of 2005 , we made the decision to sell our spring creek power plant , located in oklahoma , and exit the power generation business .
in october 2005 , we concluded that our spring creek power plant had been impaired and recorded an impairment expense of $ 52.2 million .
this conclusion was based on our statement 144 impairment analysis of the results of operations for this plant through september 30 , 2005 , and also the net sales proceeds from the anticipated sale of the plant .
the sale was completed on october 31 , 2006 .
this component of our business is accounted for as discontinued operations in accordance with statement 144 .
see 201cdiscontinued operations 201d on page 46 for additional information .
our total unamortized excess cost over underlying fair value of net assets accounted for under the equity method was $ 185.6 million as of december 31 , 2007 and 2006 .
based on statement 142 , this amount , referred to as equity method goodwill , should continue to be recognized in accordance with apb opinion no .
18 , 201cthe equity method of accounting for investments in common stock . 201d accordingly , we included this amount in investment in unconsolidated affiliates on our accompanying consolidated balance sheets .
pension and postretirement employee benefits - we have defined benefit retirement plans covering certain full-time employees .
we sponsor welfare plans that provide postretirement medical and life insurance benefits to certain employees who retire with at least five years of service .
our actuarial consultant calculates the expense and liability related to these plans and uses statistical and other factors that attempt to anticipate future events .
these factors include assumptions about the discount rate , expected return on plan assets , rate of future compensation increases , age and employment periods .
in determining the projected benefit obligations and costs , assumptions can change from period to period and result in material changes in the costs and liabilities we recognize .
see note j of the notes to consolidated financial statements in this annual report on form 10-k for additional information. .
Question: what percentage of total goodwill does oneok partners represent at december 31 , 2007?
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72%
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Please answer the question based on all the information provided below:
Document: JKHY/2016/page_61.pdf
ID: JKHY/2016/page_61.pdf-2
Previous Text:
58 2016 annual report note 12 .
business acquisition bayside business solutions , inc .
effective july 1 , 2015 , the company acquired all of the equity interests of bayside business solutions , an alabama-based company that provides technology solutions and payment processing services primarily for the financial services industry , for $ 10000 paid in cash .
this acquisition was funded using existing operating cash .
the acquisition of bayside business solutions expanded the company 2019s presence in commercial lending within the industry .
management has completed a purchase price allocation of bayside business solutions and its assessment of the fair value of acquired assets and liabilities assumed .
the recognized amounts of identifiable assets acquired and liabilities assumed , based upon their fair values as of july 1 , 2015 are set forth below: .
Table Data:
[['current assets', '$ 1922'], ['long-term assets', '253'], ['identifiable intangible assets', '5005'], ['total liabilities assumed', '-3279 ( 3279 )'], ['total identifiable net assets', '3901'], ['goodwill', '6099'], ['net assets acquired', '$ 10000']]
Following Text:
the goodwill of $ 6099 arising from this acquisition consists largely of the growth potential , synergies and economies of scale expected from combining the operations of the company with those of bayside business solutions , together with the value of bayside business solutions 2019 assembled workforce .
goodwill from this acquisition has been allocated to our banking systems and services segment .
the goodwill is not expected to be deductible for income tax purposes .
identifiable intangible assets from this acquisition consist of customer relationships of $ 3402 , $ 659 of computer software and other intangible assets of $ 944 .
the weighted average amortization period for acquired customer relationships , acquired computer software , and other intangible assets is 15 years , 5 years , and 20 years , respectively .
current assets were inclusive of cash acquired of $ 1725 .
the fair value of current assets acquired included accounts receivable of $ 178 .
the gross amount of receivables was $ 178 , none of which was expected to be uncollectible .
during fiscal year 2016 , the company incurred $ 55 in costs related to the acquisition of bayside business solutions .
these costs included fees for legal , valuation and other fees .
these costs were included within general and administrative expenses .
the results of bayside business solutions 2019 operations included in the company 2019s consolidated statement of income for the twelve months ended june 30 , 2016 included revenue of $ 4273 and after-tax net income of $ 303 .
the accompanying consolidated statements of income for the fiscal year ended june 30 , 2016 do not include any revenues and expenses related to this acquisition prior to the acquisition date .
the impact of this acquisition was considered immaterial to both the current and prior periods of our consolidated financial statements and pro forma financial information has not been provided .
banno , llc effective march 1 , 2014 , the company acquired all of the equity interests of banno , an iowa-based company that provides web and transaction marketing services with a focus on the mobile medium , for $ 27910 paid in cash .
this acquisition was funded using existing operating cash .
the acquisition of banno expanded the company 2019s presence in online and mobile technologies within the industry .
during fiscal year 2014 , the company incurred $ 30 in costs related to the acquisition of banno .
these costs included fees for legal , valuation and other fees .
these costs were included within general and administrative expenses .
the results of banno's operations included in the company's consolidated statements of income for the year ended june 30 , 2016 included revenue of $ 6393 and after-tax net loss of $ 1289 .
for the year ended june 30 , 2015 , our consolidated statements of income included revenue of $ 4175 and after-tax net loss of $ 1784 attributable to banno .
the results of banno 2019s operations included in the company 2019s consolidated statement of operations from the acquisition date to june 30 , 2014 included revenue of $ 848 and after-tax net loss of $ 1121 .
the accompanying consolidated statements of income for the twelve month period ended june 30 , 2016 do not include any revenues and expenses related to this acquisition prior to the acquisition date .
the impact of this acquisition was considered immaterial to both the current and prior periods of our consolidated financial statements and pro forma financial information has not been provided. .
Question: were current assets acquired greater than long-term assets?
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yes
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Please answer the question based on all the information provided below:
Document: UNP/2008/page_83.pdf
ID: UNP/2008/page_83.pdf-4
Previous Text:
14 .
leases we lease certain locomotives , freight cars , and other property .
the consolidated statement of financial position as of december 31 , 2008 and 2007 included $ 2024 million , net of $ 869 million of amortization , and $ 2062 million , net of $ 887 million of amortization , respectively , for properties held under capital leases .
a charge to income resulting from the amortization for assets held under capital leases is included within depreciation expense in our consolidated statements of income .
future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2008 were as follows : millions of dollars operating leases capital leases .
Table Data:
[['millions of dollars', 'operatingleases', 'capitalleases'], ['2009', '$ 657', '$ 188'], ['2010', '614', '168'], ['2011', '580', '178'], ['2012', '465', '122'], ['2013', '389', '152'], ['later years', '3204', '1090'], ['total minimum lease payments', '$ 5909', '$ 1898'], ['amount representing interest', 'n/a', '628'], ['present value of minimum lease payments', 'n/a', '$ 1270']]
Following Text:
the majority of capital lease payments relate to locomotives .
rent expense for operating leases with terms exceeding one month was $ 747 million in 2008 , $ 810 million in 2007 , and $ 798 million in 2006 .
when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term .
contingent rentals and sub-rentals are not significant .
15 .
commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .
we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability .
we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters .
personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year .
we use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .
the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .
under fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .
we offer a comprehensive variety of services and rehabilitation programs for employees who are injured at our personal injury liability is discounted to present value using applicable u.s .
treasury rates .
approximately 88% ( 88 % ) of the recorded liability related to asserted claims , and approximately 12% ( 12 % ) related to unasserted claims at december 31 , 2008 .
because of the uncertainty surrounding the ultimate outcome of personal injury claims , it is reasonably possible that future costs to settle these claims may range from .
Question: what percentage of total minimum lease payments are operating leases?
|
76%
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Please answer the question based on all the information provided below:
Document: WRK/2018/page_53.pdf
ID: WRK/2018/page_53.pdf-2
Previous Text:
compared to earlier levels .
the pre-tax non-cash impairments of certain mineral rights and real estate discussed above under the caption fffdland and development impairments fffd are not included in segment income .
liquidity and capital resources on january 29 , 2018 , we announced that a definitive agreement had been signed for us to acquire all of the outstanding shares of kapstone for $ 35.00 per share and the assumption of approximately $ 1.36 billion in net debt , for a total enterprise value of approximately $ 4.9 billion .
in contemplation of the transaction , on march 6 , 2018 , we issued $ 600.0 million aggregate principal amount of 3.75% ( 3.75 % ) senior notes due 2025 and $ 600.0 million aggregate principal amount of 4.0% ( 4.0 % ) senior notes due 2028 in an unregistered offering pursuant to rule 144a and regulation s under the securities act of 1933 , as amended ( the fffdsecurities act fffd ) .
in addition , on march 7 , 2018 , we entered into the delayed draw credit facilities ( as hereinafter defined ) that provide for $ 3.8 billion of senior unsecured term loans .
on november 2 , 2018 , in connection with the closing of the kapstone acquisition , we drew upon the facility in full .
the proceeds of the delayed draw credit facilities ( as hereinafter defined ) and other sources of cash were used to pay the consideration for the kapstone acquisition , to repay certain existing indebtedness of kapstone and to pay fees and expenses incurred in connection with the kapstone acquisition .
we fund our working capital requirements , capital expenditures , mergers , acquisitions and investments , restructuring activities , dividends and stock repurchases from net cash provided by operating activities , borrowings under our credit facilities , proceeds from our new a/r sales agreement ( as hereinafter defined ) , proceeds from the sale of property , plant and equipment removed from service and proceeds received in connection with the issuance of debt and equity securities .
see fffdnote 13 .
debt fffdtt of the notes to consolidated financial statements for additional information .
funding for our domestic operations in the foreseeable future is expected to come from sources of liquidity within our domestic operations , including cash and cash equivalents , and available borrowings under our credit facilities .
as such , our foreign cash and cash equivalents are not expected to be a key source of liquidity to our domestic operations .
at september 30 , 2018 , excluding the delayed draw credit facilities , we had approximately $ 3.2 billion of availability under our committed credit facilities , primarily under our revolving credit facility , the majority of which matures on july 1 , 2022 .
this liquidity may be used to provide for ongoing working capital needs and for other general corporate purposes , including acquisitions , dividends and stock repurchases .
certain restrictive covenants govern our maximum availability under the credit facilities .
we test and report our compliance with these covenants as required and we were in compliance with all of these covenants at september 30 , 2018 .
at september 30 , 2018 , we had $ 104.9 million of outstanding letters of credit not drawn cash and cash equivalents were $ 636.8 million at september 30 , 2018 and $ 298.1 million at september 30 , 2017 .
we used a significant portion of the cash and cash equivalents on hand at september 30 , 2018 in connection with the closing of the kapstone acquisition .
approximately 20% ( 20 % ) of the cash and cash equivalents at september 30 , 2018 were held outside of the u.s .
at september 30 , 2018 , total debt was $ 6415.2 million , $ 740.7 million of which was current .
at september 30 , 2017 , total debt was $ 6554.8 million , $ 608.7 million of which was current .
cash flow activityy .
Table Data:
[['( in millions )', 'year ended september 30 , 2018', 'year ended september 30 , 2017', 'year ended september 30 , 2016'], ['net cash provided by operating activities', '$ 2420.9', '$ 1900.5', '$ 1688.4'], ['net cash used for investing activities', '$ -1298.9 ( 1298.9 )', '$ -1285.8 ( 1285.8 )', '$ -1351.4 ( 1351.4 )'], ['net cash used for financing activities', '$ -755.1 ( 755.1 )', '$ -655.4 ( 655.4 )', '$ -231.0 ( 231.0 )']]
Following Text:
net cash provided by operating activities during fiscal 2018 increased $ 520.4 million from fiscal 2017 primarily due to higher cash earnings and lower cash taxes due to the impact of the tax act .
net cash provided by operating activities during fiscal 2017 increased $ 212.1 million from fiscal 2016 primarily due to a $ 111.6 million net increase in cash flow from working capital changes plus higher after-tax cash proceeds from our land and development segment fffds accelerated monetization .
the changes in working capital in fiscal 2018 , 2017 and 2016 included a .
Question: as of september 30 , 2018 , what was the percent of the total debt that was current .
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11.55%
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Please answer the question based on all the information provided below:
Document: MKTX/2014/page_39.pdf
ID: MKTX/2014/page_39.pdf-3
Previous Text:
part ii item 5 .
market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .
price range our common stock trades on the nasdaq global select market under the symbol 201cmktx 201d .
the range of closing price information for our common stock , as reported by nasdaq , was as follows : on february 20 , 2015 , the last reported closing price of our common stock on the nasdaq global select market was $ 78.97 .
holders there were 28 holders of record of our common stock as of february 20 , 2015 .
dividend policy during 2014 , 2013 and 2012 , we paid quarterly cash dividends of $ 0.16 per share , $ 0.13 per share and $ 0.11 per share , respectively .
on december 27 , 2012 , we paid a special cash dividend of $ 1.30 per share .
in january 2015 , our board of directors approved a quarterly cash dividend of $ 0.20 per share payable on february 26 , 2015 to stockholders of record as of the close of business on february 12 , 2015 .
any future declaration and payment of dividends will be at the sole discretion of our board of directors .
the board of directors may take into account such matters as general business conditions , our financial results , capital requirements , contractual obligations , legal and regulatory restrictions on the payment of dividends to our stockholders or by our subsidiaries to their respective parent entities , and such other factors as the board of directors may deem relevant .
recent sales of unregistered securities securities authorized for issuance under equity compensation plans please see the section entitled 201cequity compensation plan information 201d in item 12. .
Table Data:
[['2014:', 'high', 'low'], ['january 1 2014 to march 31 2014', '$ 67.16', '$ 57.99'], ['april 1 2014 to june 30 2014', '$ 59.65', '$ 50.30'], ['july 1 2014 to september 30 2014', '$ 62.05', '$ 47.50'], ['october 1 2014 to december 31 2014', '$ 73.25', '$ 61.15'], ['2013:', 'high', 'low'], ['january 1 2013 to march 31 2013', '$ 41.85', '$ 34.79'], ['april 1 2013 to june 30 2013', '$ 47.80', '$ 37.09'], ['july 1 2013 to september 30 2013', '$ 61.47', '$ 47.59'], ['october 1 2013 to december 31 2013', '$ 70.60', '$ 61.34']]
Following Text:
.
Question: between july 1 2014 to september 30 2014 what was the spread between the high and low price per share?
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14.55
|
Please answer the question based on all the information provided below:
Document: HFC/2017/page_103.pdf
ID: HFC/2017/page_103.pdf-4
Previous Text:
hollyfrontier corporation notes to consolidated financial statements continued .
Table Data:
[['', '( in thousands )'], ['2018', '$ 148716'], ['2019', '132547'], ['2020', '119639'], ['2021', '107400'], ['2022', '102884'], ['thereafter', '857454'], ['total', '$ 1468640']]
Following Text:
transportation and storage costs incurred under these agreements totaled $ 140.5 million , $ 135.1 million and $ 137.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
these amounts do not include contractual commitments under our long-term transportation agreements with hep , as all transactions with hep are eliminated in these consolidated financial statements .
we have a crude oil supply contract that requires the supplier to deliver a specified volume of crude oil or pay a shortfall fee for the difference in the actual barrels delivered to us less the specified barrels per the supply contract .
for the contract year ended august 31 , 2017 , the actual number of barrels delivered to us was substantially less than the specified barrels , and we recorded a reduction to cost of goods sold and accumulated a shortfall fee receivable of $ 26.0 million during this period .
in september 2017 , the supplier notified us they are disputing the shortfall fee owed and in october 2017 notified us of their demand for arbitration .
we offset the receivable with payments of invoices for deliveries of crude oil received subsequent to august 31 , 2017 , which is permitted under the supply contract .
we believe the disputes and claims made by the supplier are without merit .
in march , 2006 , a subsidiary of ours sold the assets of montana refining company under an asset purchase agreement ( 201capa 201d ) .
calumet montana refining llc , the current owner of the assets , has submitted requests for reimbursement of approximately $ 20.0 million pursuant to contractual indemnity provisions under the apa for various costs incurred , as well as additional claims related to environmental matters .
we have rejected most of the claims for payment , and this matter is scheduled for arbitration beginning in july 2018 .
we have accrued the costs we believe are owed pursuant to the apa , and we estimate that any reasonably possible losses beyond the amounts accrued are not material .
note 20 : segment information effective fourth quarter of 2017 , we revised our reportable segments to align with certain changes in how our chief operating decision maker manages and allocates resources to our business .
accordingly , our tulsa refineries 2019 lubricants operations , previously reported in the refining segment , are now combined with the operations of our petro-canada lubricants business ( acquired february 1 , 2017 ) and reported in the lubricants and specialty products segment .
our prior period segment information has been retrospectively adjusted to reflect our current segment presentation .
our operations are organized into three reportable segments , refining , lubricants and specialty products and hep .
our operations that are not included in the refining , lubricants and specialty products and hep segments are included in corporate and other .
intersegment transactions are eliminated in our consolidated financial statements and are included in eliminations .
corporate and other and eliminations are aggregated and presented under corporate , other and eliminations column .
the refining segment represents the operations of the el dorado , tulsa , navajo , cheyenne and woods cross refineries and hfc asphalt ( aggregated as a reportable segment ) .
refining activities involve the purchase and refining of crude oil and wholesale and branded marketing of refined products , such as gasoline , diesel fuel and jet fuel .
these petroleum products are primarily marketed in the mid-continent , southwest and rocky mountain regions of the united states .
hfc asphalt operates various asphalt terminals in arizona , new mexico and oklahoma. .
Question: what was the average storage costs from 2015 to 2017 in millions
|
137.8
|
Please answer the question based on all the information provided below:
Document: GS/2012/page_83.pdf
ID: GS/2012/page_83.pdf-3
Previous Text:
management 2019s discussion and analysis liquidity risk management liquidity is of critical importance to financial institutions .
most of the recent failures of financial institutions have occurred in large part due to insufficient liquidity .
accordingly , the firm has in place a comprehensive and conservative set of liquidity and funding policies to address both firm-specific and broader industry or market liquidity events .
our principal objective is to be able to fund the firm and to enable our core businesses to continue to serve clients and generate revenues , even under adverse circumstances .
we manage liquidity risk according to the following principles : excess liquidity .
we maintain substantial excess liquidity to meet a broad range of potential cash outflows and collateral needs in a stressed environment .
asset-liability management .
we assess anticipated holding periods for our assets and their expected liquidity in a stressed environment .
we manage the maturities and diversity of our funding across markets , products and counterparties , and seek to maintain liabilities of appropriate tenor relative to our asset base .
contingency funding plan .
we maintain a contingency funding plan to provide a framework for analyzing and responding to a liquidity crisis situation or periods of market stress .
this framework sets forth the plan of action to fund normal business activity in emergency and stress situations .
these principles are discussed in more detail below .
excess liquidity our most important liquidity policy is to pre-fund our estimated potential cash and collateral needs during a liquidity crisis and hold this excess liquidity in the form of unencumbered , highly liquid securities and cash .
we believe that the securities held in our global core excess would be readily convertible to cash in a matter of days , through liquidation , by entering into repurchase agreements or from maturities of reverse repurchase agreements , and that this cash would allow us to meet immediate obligations without needing to sell other assets or depend on additional funding from credit-sensitive markets .
as of december 2012 and december 2011 , the fair value of the securities and certain overnight cash deposits included in our gce totaled $ 174.62 billion and $ 171.58 billion , respectively .
based on the results of our internal liquidity risk model , discussed below , as well as our consideration of other factors including , but not limited to , a qualitative assessment of the condition of the financial markets and the firm , we believe our liquidity position as of december 2012 was appropriate .
the table below presents the fair value of the securities and certain overnight cash deposits that are included in our gce .
average for the year ended december in millions 2012 2011 .
Table Data:
[['in millions', 'average for theyear ended december 2012', 'average for theyear ended december 2011'], ['u.s . dollar-denominated', '$ 125111', '$ 125668'], ['non-u.s . dollar-denominated', '46984', '40291'], ['total', '$ 172095', '$ 165959']]
Following Text:
the u.s .
dollar-denominated excess is composed of ( i ) unencumbered u.s .
government and federal agency obligations ( including highly liquid u.s .
federal agency mortgage-backed obligations ) , all of which are eligible as collateral in federal reserve open market operations and ( ii ) certain overnight u.s .
dollar cash deposits .
the non-u.s .
dollar-denominated excess is composed of only unencumbered german , french , japanese and united kingdom government obligations and certain overnight cash deposits in highly liquid currencies .
we strictly limit our excess liquidity to this narrowly defined list of securities and cash because they are highly liquid , even in a difficult funding environment .
we do not include other potential sources of excess liquidity , such as less liquid unencumbered securities or committed credit facilities , in our gce .
goldman sachs 2012 annual report 81 .
Question: what was the change as of december 2012 and december 2011 in the fair value of the securities and certain overnight cash deposits in billions?
|
3.04
|
Please answer the question based on all the information provided below:
Document: AES/2016/page_98.pdf
ID: AES/2016/page_98.pdf-3
Previous Text:
the net decrease in the 2016 effective tax rate was due , in part , to the 2016 asset impairments in the u.s .
and to the current year benefit related to a restructuring of one of our brazilian businesses that increases tax basis in long-term assets .
further , the 2015 rate was impacted by the items described below .
see note 20 2014asset impairment expense for additional information regarding the 2016 u.s .
asset impairments .
income tax expense increased $ 101 million , or 27% ( 27 % ) , to $ 472 million in 2015 .
the company's effective tax rates were 41% ( 41 % ) and 26% ( 26 % ) for the years ended december 31 , 2015 and 2014 , respectively .
the net increase in the 2015 effective tax rate was due , in part , to the nondeductible 2015 impairment of goodwill at our u.s .
utility , dp&l and chilean withholding taxes offset by the release of valuation allowance at certain of our businesses in brazil , vietnam and the u.s .
further , the 2014 rate was impacted by the sale of approximately 45% ( 45 % ) of the company 2019s interest in masin aes pte ltd. , which owns the company 2019s business interests in the philippines and the 2014 sale of the company 2019s interests in four u.k .
wind operating projects .
neither of these transactions gave rise to income tax expense .
see note 15 2014equity for additional information regarding the sale of approximately 45% ( 45 % ) of the company 2019s interest in masin-aes pte ltd .
see note 23 2014dispositions for additional information regarding the sale of the company 2019s interests in four u.k .
wind operating projects .
our effective tax rate reflects the tax effect of significant operations outside the u.s. , which are generally taxed at rates lower than the u.s .
statutory rate of 35% ( 35 % ) .
a future proportionate change in the composition of income before income taxes from foreign and domestic tax jurisdictions could impact our periodic effective tax rate .
the company also benefits from reduced tax rates in certain countries as a result of satisfying specific commitments regarding employment and capital investment .
see note 21 2014income taxes for additional information regarding these reduced rates .
foreign currency transaction gains ( losses ) foreign currency transaction gains ( losses ) in millions were as follows: .
Table Data:
[['years ended december 31,', '2016', '2015', '2014'], ['aes corporation', '$ -50 ( 50 )', '$ -31 ( 31 )', '$ -34 ( 34 )'], ['chile', '-9 ( 9 )', '-18 ( 18 )', '-30 ( 30 )'], ['colombia', '-8 ( 8 )', '29', '17'], ['mexico', '-8 ( 8 )', '-6 ( 6 )', '-14 ( 14 )'], ['philippines', '12', '8', '11'], ['united kingdom', '13', '11', '12'], ['argentina', '37', '124', '66'], ['other', '-2 ( 2 )', '-10 ( 10 )', '-17 ( 17 )'], ['total ( 1 )', '$ -15 ( 15 )', '$ 107', '$ 11']]
Following Text:
total ( 1 ) $ ( 15 ) $ 107 $ 11 _____________________________ ( 1 ) includes gains of $ 17 million , $ 247 million and $ 172 million on foreign currency derivative contracts for the years ended december 31 , 2016 , 2015 and 2014 , respectively .
the company recognized a net foreign currency transaction loss of $ 15 million for the year ended december 31 , 2016 primarily due to losses of $ 50 million at the aes corporation mainly due to remeasurement losses on intercompany notes , and losses on swaps and options .
this loss was partially offset by gains of $ 37 million in argentina , mainly due to the favorable impact of foreign currency derivatives related to government receivables .
the company recognized a net foreign currency transaction gain of $ 107 million for the year ended december 31 , 2015 primarily due to gains of : 2022 $ 124 million in argentina , due to the favorable impact from foreign currency derivatives related to government receivables , partially offset by losses from the devaluation of the argentine peso associated with u.s .
dollar denominated debt , and losses at termoandes ( a u.s .
dollar functional currency subsidiary ) primarily associated with cash and accounts receivable balances in local currency , 2022 $ 29 million in colombia , mainly due to the depreciation of the colombian peso , positively impacting chivor ( a u.s .
dollar functional currency subsidiary ) due to liabilities denominated in colombian pesos , 2022 $ 11 million in the united kingdom , mainly due to the depreciation of the pound sterling , resulting in gains at ballylumford holdings ( a u.s .
dollar functional currency subsidiary ) associated with intercompany notes payable denominated in pound sterling , and .
Question: what was the maximum argentina foreign currency gains in millions fofr the three year period?
|
124
|
Please answer the question based on all the information provided below:
Document: CAG/2007/page_41.pdf
ID: CAG/2007/page_41.pdf-2
Previous Text:
years 2002 , 2003 , 2004 , and the first two quarters of fiscal 2005 .
the restatement related to tax matters .
the company provided information to the sec staff relating to the facts and circumstances surrounding the restatement .
on july 28 , 2006 , the company filed an amendment to its annual report on form 10-k for the fiscal year ended may 29 , 2005 .
the filing amended item 6 .
selected financial data and exhibit 12 , computation of ratios of earnings to fixed charges , for fiscal year 2001 , and certain restated financial information for fiscal years 1999 and 2000 , all related to the application of certain of the company 2019s reserves for the three years and fiscal year 1999 income tax expense .
the company provided information to the sec staff relating to the facts and circumstances surrounding the amended filing .
the company reached an agreement with the sec staff concerning matters associated with these amended filings .
that proposed settlement was approved by the securities and exchange commission on july 17 , 2007 .
on july 24 , 2007 , the sec filed its complaint against the company in the united states district court for the district of colorado , followed by an executed consent , which without the company admitting or denying the allegations of the complaint , reflects the terms of the settlement , including payment by the company of a civil penalty of $ 45 million and the company 2019s agreement to be permanently enjoined from violating certain provisions of the federal securities laws .
additionally , the company made approximately $ 2 million in indemnity payments on behalf of former employees concluding separate settlements with the sec .
the company recorded charges of $ 25 million in fiscal 2004 , $ 21.5 million in the third quarter of fiscal 2005 , and $ 1.2 million in the first quarter of fiscal 2007 in connection with the expected settlement of these matters .
three purported class actions were filed in united states district court for nebraska , rantala v .
conagra foods , inc. , et .
al. , case no .
805cv349 , and bright v .
conagra foods , inc. , et .
al. , case no .
805cv348 on july 18 , 2005 , and boyd v .
conagra foods , inc. , et .
al. , case no .
805cv386 on august 8 , 2005 .
the lawsuits are against the company , its directors and its employee benefits committee on behalf of participants in the company 2019s employee retirement income savings plans .
the lawsuits allege violations of the employee retirement income security act ( erisa ) in connection with the events resulting in the company 2019s april 2005 restatement of its financial statements and related matters .
the company has reached a settlement with the plaintiffs in these actions subject to court approval .
the settlement includes a $ 4 million payment , most of which will be paid by an insurer .
the company has also agreed to make certain prospective changes to its benefit plans as part of the settlement .
2006 vs .
2005 net sales ( $ in millions ) reporting segment fiscal 2006 net sales fiscal 2005 net sales % ( % ) increase/ ( decrease ) .
Table Data:
[['reporting segment', 'fiscal 2006 net sales', 'fiscal 2005 net sales', '% ( % ) increase/ ( decrease )'], ['consumer foods', '$ 6504', '$ 6598', '( 1 ) % ( % )'], ['food and ingredients', '3189', '2986', '7% ( 7 % )'], ['trading and merchandising', '1186', '1224', '( 3 ) % ( % )'], ['international foods', '603', '576', '5% ( 5 % )'], ['total', '$ 11482', '$ 11384', '1% ( 1 % )']]
Following Text:
overall , company net sales increased $ 98 million to $ 11.5 billion in fiscal 2006 , primarily reflecting favorable results in the food and ingredients and international foods segments .
price increases driven by higher input costs for potatoes , wheat milling and dehydrated vegetables within the food and ingredients segment , coupled with the strength of foreign currencies within the international foods segment enhanced net sales .
these increases were partially offset by volume declines in the consumer foods segment , principally related to certain shelf stable brands and declines in the trading and merchandising segment related to decreased volumes and certain divestitures and closures. .
Question: what percentage of total net sales where comprised of food and ingredients in 2006?
|
28%
|
Please answer the question based on all the information provided below:
Document: AAPL/2007/page_70.pdf
ID: AAPL/2007/page_70.pdf-2
Previous Text:
notes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners .
one customer accounted for approximately 11% ( 11 % ) of trade receivables as of september 29 , 2007 , while no customers accounted for more than 10% ( 10 % ) of trade receivables as of september 30 , 2006 .
the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .
Table Data:
[['', 'september 29 2007', 'september 30 2006', 'september 24 2005'], ['beginning allowance balance', '$ 52', '$ 46', '$ 47'], ['charged to costs and expenses', '12', '17', '8'], ['deductions', '-17 ( 17 )', '-11 ( 11 )', '-9 ( 9 )'], ['ending allowance balance', '$ 47', '$ 52', '$ 46']]
Following Text:
vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company .
the company purchases these raw material components directly from suppliers .
these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 2.4 billion and $ 1.6 billion as of september 29 , 2007 and september 30 , 2006 , respectively .
the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales .
derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk .
foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales .
the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .
the company records all derivatives on the balance sheet at fair value. .
Question: what was the change in non-trade receivables , included in other current assets , between september 29 , 2007 and september 30 , 2006 , in billions?
|
0.8
|
Please answer the question based on all the information provided below:
Document: ETR/2011/page_216.pdf
ID: ETR/2011/page_216.pdf-3
Previous Text:
part i item 1 entergy corporation , utility operating companies , and system energy entergy new orleans provides electric and gas service in the city of new orleans pursuant to indeterminate permits set forth in city ordinances ( except electric service in algiers , which is provided by entergy louisiana ) .
these ordinances contain a continuing option for the city of new orleans to purchase entergy new orleans 2019s electric and gas utility properties .
entergy texas holds a certificate of convenience and necessity from the puct to provide electric service to areas within approximately 27 counties in eastern texas , and holds non-exclusive franchises to provide electric service in approximately 68 incorporated municipalities .
entergy texas was typically granted 50-year franchises , but recently has been receiving 25-year franchises .
entergy texas 2019s electric franchises expire during 2013-2058 .
the business of system energy is limited to wholesale power sales .
it has no distribution franchises .
property and other generation resources generating stations the total capability of the generating stations owned and leased by the utility operating companies and system energy as of december 31 , 2011 , is indicated below: .
Table Data:
[['company', 'owned and leased capability mw ( 1 ) total', 'owned and leased capability mw ( 1 ) gas/oil', 'owned and leased capability mw ( 1 ) nuclear', 'owned and leased capability mw ( 1 ) coal', 'owned and leased capability mw ( 1 ) hydro'], ['entergy arkansas', '4774', '1668', '1823', '1209', '74'], ['entergy gulf states louisiana', '3317', '1980', '974', '363', '-'], ['entergy louisiana', '5424', '4265', '1159', '-', '-'], ['entergy mississippi', '3229', '2809', '-', '420', '-'], ['entergy new orleans', '764', '764', '-', '-', '-'], ['entergy texas', '2538', '2269', '-', '269', '-'], ['system energy', '1071', '-', '1071', '-', '-'], ['total', '21117', '13755', '5027', '2261', '74']]
Following Text:
( 1 ) 201cowned and leased capability 201d is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel ( assuming no curtailments ) that each station was designed to utilize .
the entergy system's load and capacity projections are reviewed periodically to assess the need and timing for additional generating capacity and interconnections .
these reviews consider existing and projected demand , the availability and price of power , the location of new load , and the economy .
summer peak load in the entergy system service territory has averaged 21246 mw from 2002-2011 .
in the 2002 time period , the entergy system's long-term capacity resources , allowing for an adequate reserve margin , were approximately 3000 mw less than the total capacity required for peak period demands .
in this time period the entergy system met its capacity shortages almost entirely through short-term power purchases in the wholesale spot market .
in the fall of 2002 , the entergy system began a program to add new resources to its existing generation portfolio and began a process of issuing requests for proposals ( rfp ) to procure supply-side resources from sources other than the spot market to meet the unique regional needs of the utility operating companies .
the entergy system has adopted a long-term resource strategy that calls for the bulk of capacity needs to be met through long-term resources , whether owned or contracted .
entergy refers to this strategy as the "portfolio transformation strategy" .
over the past nine years , portfolio transformation has resulted in the addition of about 4500 mw of new long-term resources .
these figures do not include transactions currently pending as a result of the summer 2009 rfp .
when the summer 2009 rfp transactions are included in the entergy system portfolio of long-term resources and adjusting for unit deactivations of older generation , the entergy system is approximately 500 mw short of its projected 2012 peak load plus reserve margin .
this remaining need is expected to be met through a nuclear uprate at grand gulf and limited-term resources .
the entergy system will continue to access the spot power market to economically .
Question: what portion of the total capabilities is generated from nuclear station for entergy as a whole?
|
23.8%
|
Please answer the question based on all the information provided below:
Document: BLL/2006/page_89.pdf
ID: BLL/2006/page_89.pdf-1
Previous Text:
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .
shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .
preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .
under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .
subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .
if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .
the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .
exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .
the rights would not interfere with any merger or other business combinations approved by the board of directors .
the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .
the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .
the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .
in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .
company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .
accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) .
Table Data:
[['( $ in millions )', 'foreign currency translation', 'pension and other postretirement items net of tax', 'effective financial derivatives net of tax', 'accumulated other comprehensive earnings ( loss )'], ['december 31 2003', '$ 80.7', '$ -93.1 ( 93.1 )', '$ 11.0', '$ -1.4 ( 1.4 )'], ['2004 change', '68.2', '-33.2 ( 33.2 )', '-0.4 ( 0.4 )', '34.6'], ['december 31 2004', '148.9', '-126.3 ( 126.3 )', '10.6', '33.2'], ['2005 change', '-74.3 ( 74.3 )', '-43.6 ( 43.6 )', '-16.0 ( 16.0 )', '-133.9 ( 133.9 )'], ['december 31 2005', '74.6', '-169.9 ( 169.9 )', '-5.4 ( 5.4 )', '-100.7 ( 100.7 )'], ['2006 change', '57.2', '8.0', '6.0', '71.2'], ['december 31 2006', '$ 131.8', '$ -161.9 ( 161.9 )', '$ 0.6', '$ -29.5 ( 29.5 )']]
Following Text:
notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .
therefore , no taxes have been provided on the foreign currency translation component for any period .
the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .
the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the percentage change in accumulated other comprehensive earnings ( loss ) between 2003 and 2004?\\n
|
2471%
|
Please answer the question based on all the information provided below:
Document: CME/2012/page_107.pdf
ID: CME/2012/page_107.pdf-3
Previous Text:
the weighted average grant date fair value of options granted during 2012 , 2011 , and 2010 was $ 13 , $ 19 and $ 20 per share , respectively .
the total intrinsic value of options exercised during the years ended december 31 , 2012 , 2011 and 2010 , was $ 19.0 million , $ 4.2 million and $ 15.6 million , respectively .
in 2012 , the company granted 931340 shares of restricted class a common stock and 4048 shares of restricted stock units .
restricted common stock and restricted stock units generally have a vesting period of 2 to 4 years .
the fair value related to these grants was $ 54.5 million , which is recognized as compensation expense on an accelerated basis over the vesting period .
beginning with restricted stock grants in september 2010 , dividends are accrued on restricted class a common stock and restricted stock units and are paid once the restricted stock vests .
in 2012 , the company also granted 138410 performance shares .
the fair value related to these grants was $ 7.7 million , which is recognized as compensation expense on an accelerated and straight-lined basis over the vesting period .
the vesting of these shares is contingent on meeting stated performance or market conditions .
the following table summarizes restricted stock , restricted stock units , and performance shares activity for 2012 : number of shares weighted average grant date fair value outstanding at december 31 , 2011 .
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1432610 $ 57 .
Table Data:
[['', 'number of shares', 'weightedaveragegrant datefair value'], ['outstanding at december 31 2011', '1432610', '$ 57'], ['granted', '1073798', '54'], ['vested', '-366388 ( 366388 )', '55'], ['cancelled', '-226493 ( 226493 )', '63'], ['outstanding at december 31 2012', '1913527', '54']]
Following Text:
outstanding at december 31 , 2012 .
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1913527 54 the total fair value of restricted stock , restricted stock units , and performance shares that vested during the years ended december 31 , 2012 , 2011 and 2010 , was $ 20.9 million , $ 11.6 million and $ 10.3 million , respectively .
eligible employees may acquire shares of class a common stock using after-tax payroll deductions made during consecutive offering periods of approximately six months in duration .
shares are purchased at the end of each offering period at a price of 90% ( 90 % ) of the closing price of the class a common stock as reported on the nasdaq global select market .
compensation expense is recognized on the dates of purchase for the discount from the closing price .
in 2012 , 2011 and 2010 , a total of 27768 , 32085 and 21855 shares , respectively , of class a common stock were issued to participating employees .
these shares are subject to a six-month holding period .
annual expense of $ 0.1 million , $ 0.2 million and $ 0.1 million for the purchase discount was recognized in 2012 , 2011 and 2010 , respectively .
non-executive directors receive an annual award of class a common stock with a value equal to $ 75000 .
non-executive directors may also elect to receive some or all of the cash portion of their annual stipend , up to $ 25000 , in shares of stock based on the closing price at the date of distribution .
as a result , 40260 , 40585 and 37350 shares of class a common stock were issued to non-executive directors during 2012 , 2011 and 2010 , respectively .
these shares are not subject to any vesting restrictions .
expense of $ 2.2 million , $ 2.1 million and $ 2.4 million related to these stock-based payments was recognized for the years ended december 31 , 2012 , 2011 and 2010 , respectively .
19 .
fair value measurements in general , the company uses quoted prices in active markets for identical assets to determine the fair value of marketable securities and equity investments .
level 1 assets generally include u.s .
treasury securities , equity securities listed in active markets , and investments in publicly traded mutual funds with quoted market prices .
if quoted prices are not available to determine fair value , the company uses other inputs that are directly observable .
assets included in level 2 generally consist of asset- backed securities , municipal bonds , u.s .
government agency securities and interest rate swap contracts .
asset-backed securities , municipal bonds and u.s .
government agency securities were measured at fair value based on matrix pricing using prices of similar securities with similar inputs such as maturity dates , interest rates and credit ratings .
the company determined the fair value of its interest rate swap contracts using standard valuation models with market-based observable inputs including forward and spot exchange rates and interest rate curves. .
Question: what is the total value of cancelled shares , ( in millions ) ?
|
14.3
|
Please answer the question based on all the information provided below:
Document: AON/2018/page_90.pdf
ID: AON/2018/page_90.pdf-4
Previous Text:
( 3 ) refer to note 2 201csummary of significant accounting principles and practices 201d for further information .
13 .
employee benefitsp y defined contribution savings plans aon maintains defined contribution savings plans for the benefit of its employees .
the expense recognized for these plans is included in compensation and benefits in the consolidated statements of income .
the expense for the significant plans in the u.s. , u.k. , netherlands and canada is as follows ( in millions ) : .
Table Data:
[['years ended december 31', '2018', '2017', '2016'], ['u.s .', '$ 98', '$ 105', '$ 121'], ['u.k .', '45', '43', '43'], ['netherlands and canada', '25', '25', '27'], ['total', '$ 168', '$ 173', '$ 191']]
Following Text:
pension and other postretirement benefits the company sponsors defined benefit pension and postretirement health and welfare plans that provide retirement , medical , and life insurance benefits .
the postretirement health care plans are contributory , with retiree contributions adjusted annually , and the aa life insurance and pension plans are generally noncontributory .
the significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants. .
Question: considering the years 2016-2018 , what is the average expense for the significant plans in the u.k.?
|
43.66
|
Please answer the question based on all the information provided below:
Document: EW/2016/page_50.pdf
ID: EW/2016/page_50.pdf-1
Previous Text:
net cash flows provided by operating activities of $ 704.4 million for 2016 increased $ 154.7 million from 2015 due primarily to ( 1 ) improved operating performance and ( 2 ) lower supplier payments in 2016 compared to 2015 , partially offset by ( 1 ) the impact of excess tax benefits from stock plans , primarily due to our increased stock price , and ( 2 ) an increase in accounts receivable due to increased sales , primarily in the united states .
net cash flows provided by operating activities of $ 549.7 million for 2015 decreased $ 472.6 million from 2014 due primarily to ( 1 ) the $ 750.0 million upfront payment received from medtronic under a litigation settlement agreement , and ( 2 ) a higher bonus payout in 2015 associated with 2014 performance .
these decreases were partially offset by ( 1 ) income tax payments of $ 224.5 million made in 2014 related to the medtronic settlement , ( 2 ) improved operating performance in 2015 , and ( 3 ) the $ 50.0 million charitable contribution made in 2014 to the edwards lifesciences foundation .
net cash used in investing activities of $ 211.7 million in 2016 consisted primarily of capital expenditures of $ 176.1 million and $ 41.3 million for the acquisition of intangible assets .
net cash used in investing activities of $ 316.1 million in 2015 consisted primarily of a $ 320.1 million net payment associated with the acquisition of cardiaq , and capital expenditures of $ 102.7 million , partially offset by net proceeds from investments of $ 119.6 million .
net cash used in investing activities of $ 633.0 million in 2014 consisted primarily of net purchases of investments of $ 527.4 million and capital expenditures of $ 82.9 million .
net cash used in financing activities of $ 268.5 million in 2016 consisted primarily of purchases of treasury stock of $ 662.3 million , partially offset by ( 1 ) net proceeds from the issuance of debt of $ 222.1 million , ( 2 ) proceeds from stock plans of $ 103.3 million , and ( 3 ) the excess tax benefit from stock plans of $ 64.3 million .
net cash used in financing activities of $ 158.6 million in 2015 consisted primarily of purchases of treasury stock of $ 280.1 million , partially offset by ( 1 ) proceeds from stock plans of $ 87.2 million , and ( 2 ) the excess tax benefit from stock plans of $ 41.3 million .
net cash used in financing activities of $ 153.0 million in 2014 consisted primarily of purchases of treasury stock of $ 300.9 million , partially offset by ( 1 ) proceeds from stock plans of $ 113.3 million , and ( 2 ) the excess tax benefit from stock plans of $ 49.4 million ( including the realization of previously unrealized excess tax benefits ) .
a summary of all of our contractual obligations and commercial commitments as of december 31 , 2016 were as follows ( in millions ) : .
Table Data:
[['contractual obligations', 'payments due by period total', 'payments due by period less than1 year', 'payments due by period 1-3years', 'payments due by period 4-5years', 'payments due by period after 5years'], ['debt', '$ 825.0', '$ 2014', '$ 825.0', '$ 2014', '$ 2014'], ['operating leases', '72.6', '22.3', '24.9', '8.8', '16.6'], ['interest on debt', '30.8', '16.4', '14.4', '2014', '2014'], ['pension obligations ( a )', '6.1', '6.1', '2014', '2014', '2014'], ['capital commitment obligations ( b )', '0.6', '0.3', '0.3', '2014', '2014'], ['purchase and other commitments', '16.4', '13.7', '2.7', '2014', '2014'], ['total contractual cash obligations ( c ) ( d )', '$ 951.5', '$ 58.8', '$ 867.3', '$ 8.8', '$ 16.6']]
Following Text:
( a ) the amount included in 2018 2018less than 1 year 2019 2019 reflects anticipated contributions to our various pension plans .
anticipated contributions beyond one year are not determinable .
the total accrued benefit liability for our pension plans recognized as of december 31 , 2016 was $ 50.1 million .
this amount is impacted .
Question: what percentage of total contractual cash obligations is debt?
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87%
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Please answer the question based on all the information provided below:
Document: UAA/2016/page_83.pdf
ID: UAA/2016/page_83.pdf-4
Previous Text:
2016 , as well as significant sponsorship and other marketing agreements entered into during the period after december 31 , 2016 through the date of this report : ( in thousands ) .
Table Data:
[['2017', '$ 176138'], ['2018', '166961'], ['2019', '142987'], ['2020', '124856'], ['2021', '118168'], ['2022 and thereafter', '626495'], ['total future minimum sponsorship and other payments', '$ 1355605']]
Following Text:
total future minimum sponsorship and other payments $ 1355605 the amounts listed above are the minimum compensation obligations and guaranteed royalty fees required to be paid under the company 2019s sponsorship and other marketing agreements .
the amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements .
it is not possible to determine how much the company will spend on product supply obligations on an annual basis as contracts generally do not stipulate specific cash amounts to be spent on products .
the amount of product provided to the sponsorships depends on many factors including general playing conditions , the number of sporting events in which they participate and the company 2019s decisions regarding product and marketing initiatives .
in addition , the costs to design , develop , source and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers .
in connection with various contracts and agreements , the company has agreed to indemnify counterparties against certain third party claims relating to the infringement of intellectual property rights and other items .
generally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith .
based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to its consolidated financial position or results of operations .
from time to time , the company is involved in litigation and other proceedings , including matters related to commercial and intellectual property disputes , as well as trade , regulatory and other claims related to its business .
other than as described below , the company believes that all current proceedings are routine in nature and incidental to the conduct of its business , and that the ultimate resolution of any such proceedings will not have a material adverse effect on its consolidated financial position , results of operations or cash flows .
on february 10 , 2017 , a shareholder filed a securities case in the united states district court for the district of maryland ( the 201ccourt 201d ) against the company , the company 2019s chief executive officer and the company 2019s former chief financial officer ( brian breece v .
under armour , inc. ) .
on february 16 , 2017 , a second shareholder filed a securities case in the court against the same defendants ( jodie hopkins v .
under armour , inc. ) .
the plaintiff in each case purports to represent a class of shareholders for the period between april 21 , 2016 and january 30 , 2017 , inclusive .
the complaints allege violations of section 10 ( b ) ( and rule 10b-5 ) of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) and section 20 ( a ) control person liability under the exchange act against the officers named in the complaints .
in general , the allegations in each case concern disclosures and statements made by .
Question: what portion of the total future minimum sponsorship and other payments will be due in the next three years?
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35.9%
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Please answer the question based on all the information provided below:
Document: MRO/2014/page_55.pdf
ID: MRO/2014/page_55.pdf-1
Previous Text:
additions to property , plant and equipment are our most significant use of cash and cash equivalents .
the following table shows capital expenditures related to continuing operations by segment and reconciles to additions to property , plant and equipment as presented in the consolidated statements of cash flows for 2014 , 2013 and 2012: .
Table Data:
[['( in millions )', 'year ended december 31 , 2014', 'year ended december 31 , 2013', 'year ended december 31 , 2012'], ['north america e&p', '$ 4698', '$ 3649', '$ 3988'], ['international e&p', '534', '456', '235'], ['oil sands mining', '212', '286', '188'], ['corporate', '51', '58', '115'], ['total capital expenditures', '5495', '4449', '4526'], ['change in capital expenditure accrual', '-335 ( 335 )', '-6 ( 6 )', '-165 ( 165 )'], ['additions to property plant and equipment', '$ 5160', '$ 4443', '$ 4361']]
Following Text:
as of december 31 , 2014 , we had repurchased a total of 121 million common shares at a cost of $ 4.7 billion , including 29 million shares at a cost of $ 1 billion in the first six months of 2014 and 14 million shares at a cost of $ 500 million in the third quarter of 2013 .
see item 8 .
financial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .
liquidity and capital resources our main sources of liquidity are cash and cash equivalents , internally generated cash flow from operations , continued access to capital markets , our committed revolving credit facility and sales of non-strategic assets .
our working capital requirements are supported by these sources and we may issue commercial paper backed by our $ 2.5 billion revolving credit facility to meet short-term cash requirements .
because of the alternatives available to us as discussed above and access to capital markets through the shelf registration discussed below , we believe that our short-term and long-term liquidity is adequate to fund not only our current operations , but also our near-term and long-term funding requirements including our capital spending programs , dividend payments , defined benefit plan contributions , repayment of debt maturities and other amounts that may ultimately be paid in connection with contingencies .
at december 31 , 2014 , we had approximately $ 4.9 billion of liquidity consisting of $ 2.4 billion in cash and cash equivalents and $ 2.5 billion availability under our revolving credit facility .
as discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .
based on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .
we will be constantly monitoring our available liquidity during 2015 and we have the flexibility to adjust our budget throughout the year in response to the commodity price environment .
we will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .
capital resources credit arrangements and borrowings in may 2014 , we amended our $ 2.5 billion unsecured revolving credit facility and extended the maturity to may 2019 .
see note 16 to the consolidated financial statements for additional terms and rates .
at december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .
commercial paper program that is backed by the revolving credit facility .
at december 31 , 2014 , we had $ 6391 million in long-term debt outstanding , and $ 1068 million is due within one year , of which the majority is due in the fourth quarter of 2015 .
we do not have any triggers on any of our corporate debt that would cause an event of default in the case of a downgrade of our credit ratings .
shelf registration we have a universal shelf registration statement filed with the sec , under which we , as "well-known seasoned issuer" for purposes of sec rules , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities from time to time. .
Question: what was the average three year cash flow , in millions , from oil sands mining?
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228.7
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Please answer the question based on all the information provided below:
Document: RE/2014/page_125.pdf
ID: RE/2014/page_125.pdf-3
Previous Text:
9 .
junior subordinated debt securities payable in accordance with the provisions of the junior subordinated debt securities which were issued on march 29 , 2004 , holdings elected to redeem the $ 329897 thousand of 6.2% ( 6.2 % ) junior subordinated debt securities outstanding on may 24 , 2013 .
as a result of the early redemption , the company incurred pre-tax expense of $ 7282 thousand related to the immediate amortization of the remaining capitalized issuance costs on the trust preferred securities .
interest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: .
Table Data:
[['( dollars in thousands )', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['interest expense incurred', '$ -', '$ 8181', '$ 20454']]
Following Text:
holdings considered the mechanisms and obligations relating to the trust preferred securities , taken together , constituted a full and unconditional guarantee by holdings of capital trust ii 2019s payment obligations with respect to their trust preferred securities .
10 .
reinsurance and trust agreements certain subsidiaries of group have established trust agreements , which effectively use the company 2019s investments as collateral , as security for assumed losses payable to certain non-affiliated ceding companies .
at december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand .
on april 24 , 2014 , the company entered into two collateralized reinsurance agreements with kilimanjaro re limited ( 201ckilimanjaro 201d ) , a bermuda based special purpose reinsurer , to provide the company with catastrophe reinsurance coverage .
these agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events .
the first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states .
the second agreement provides up to $ 200000 thousand of reinsurance coverage from named storms in specified states of the southeast , mid-atlantic and northeast regions of the united states and puerto rico as well as reinsurance coverage from earthquakes in specified states of the southeast , mid-atlantic , northeast and west regions of the united states , puerto rico and british columbia .
on november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage .
this agreement is a multi-year reinsurance contract which covers specified earthquake events .
the agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .
kilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors .
on april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) .
on november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) .
the proceeds from the issuance of the series 2014-1 notes and the series 2014-2 notes are held in reinsurance trust throughout the duration of the applicable reinsurance agreements and invested solely in us government money market funds with a rating of at least 201caaam 201d by standard & poor 2019s. .
Question: what was the ratio of interest incurred in 2013 to 2012
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0.4
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